₦airaland Forum

ovadozes:
This people can speak from both sides if their mouth, I doubt whether this strike will actually hold. They just gave FG monday and tuesday to bribe them, why not start the strike on monday instead of wednesday.

allthingsgood:
I dont think u understand the meaning of deregulation. FYI it means govt will no longer regulate the downstream including price of fuel. Now if govt removes hand totally from price, allowing marketers to source for forex, import and sell at whatever price, how much do u think fuel will be?? You shld be glad that govt placed a cap on the price. Dollar is 320 now, so if govt removes hand completely expect to buy fuel between 250 - 400 per litre!

cochexky:
if u say so then what is the essence of placing it on 145 instead of 90-100. Bro what we are seeing is not what is happening over their ok. Let's just watch

Raziii:
don't be naive, as long as we import,the price will never go down. I mean it's just simple economics na. why are you guys allowing these guys sell crap to you. I took out one important point, 'allowing Deregulation of the industry to be driven by import'. govt is simply passing the subsidy payment over to us. question we should ask is, is there a need for subsidy payment? what if the price of crude oil goes back to over a hundred naira before the year runs out? why was it being subsidised in the first place? for all those saying now is the best time to remove it, I think the best time to remove subsidy would have been when we are no longer affected by the prices at the international market or the fluctuations of the dollar and that can only happen when we start refining locally. truth is no matter how fierce the competition is, no body will sell below his cost price. When APC said the price will crash to 50naira in 6months, my question is, is the cost of bringing PMS to the pumps less than 50naira?

PUSH1:
How can the strike hold when the marketers want to sell fuel above 145. What do you want the govt to do. Return fuel back to 87 to encourage queuing or allow marketers sell above 145. What would be the strike about.

It's disheartening that you guys don't use your brain.

allthingsgood:
Its like you are reading one thing and assimilating another. I just told u that deregulation means govt has removed hands from providing forex for imports. So if govt isnt giving the marketers forex, how do u expect govt to place it at N90 The marketers are now purchasing forex at the real cost and on their own. Govt intervention here is only to protect the public from any outrageous price. Really, this isnt rocket science!

wxyz1:
we are discoursing the subject matter not the meaning of deregulation which i can educate you on. Government rush to say Pengasan supported 145 pump price, and they are saying No, we supported deregulation not price hike. now from the subject matter, what so ever might be the effect of deregulation is a matter for another day. But the problem here is why cant the govt report issue the way it is, Must it result telling lies?

ovadozes:
Don't quote me again if you really dont know what to say or if the argument is beyond the reasoning of your brain. Fixing pump price at 145 naira is not deregulation, deregulation is when you allow people to source fuel on their own and create competition alowing each marketer to source fuel through legitimate means and sell to citizens what it means is that the importers will be selling according to market price. How can i support increase in pump price when the environment has not been made conducive, our refineries are not working, minimum wage is 18, 000 and u expect me to swallow this hook, line and sinker. Please grow some brain. Same people that occupied Nigeria when the last administration increased pump price are the same people that want me to accept it now. If i may ask "what has changed apart from power changing hands?"

ovadozes:
Don't quote me again if you really dont know what to say or if the argument is beyond the reasoning of your brain. Fixing pump price at 145 naira is not deregulation, deregulation is when you allow people to source fuel on their own and create competition alowing each marketer to source fuel through legitimate means and sell to citizens what it means is that the importers will be selling according to market price. How can i support increase in pump price when the environment has not been made conducive, our refineries are not working, minimum wage is 18, 000 and u expect me to swallow this hook, line and sinker. Please grow some brain. Same people that occupied Nigeria when the last administration increased pump price are the same people that want me to accept it now. If i may ask "what has changed apart from power changing hands?"

tuale4u:
Deregulation today will put d price at 200 naira per litre in d first 2 months before going down

tuale4u:
We import diesel too. Diesel have been deregulated for over 4 years now. And d price went down from around 180naira to 120 naira today

Raziii:
below is the cost price of bringing PMS to the pumps...Now you get why most filling stations sell for 150naira... Now tell me, can it ever come below 100naira if we don't refine locally?

KissCODE:
APC has a way of producing smelling lies. They told us that PENGASSAN supported their new price regime but now these guys have said it is a lie.

In Kachikwu‘s press release he lied to Nigerians to NLC, TUC & PENGASSAN were all part of the decision to increase PMS‘s price only for us to discover it is a lie and labour & TUC will be going on strike to prove their point.

It is bad to have lairs running the affairs of a nation.

Yes... PIB should be signed into law if PMB/APC are ready to make effective and progressive change in petroluem industry.

tinsel:
The kid in you just showed up. If you understand the full meaning deregulation you will not type this nonsense.

allthingsgood:
I dont think u understand the meaning of deregulation. FYI it means govt will no longer regulate the downstream including price of fuel. Now if govt removes hand totally from price, allowing marketers to source for forex, import and sell at whatever price, how much do u think fuel will be?? You shld be glad that govt placed a cap on the price. Dollar is 320 now, so if govt removes hand completely expect to buy fuel between 250 - 400 per litre!

ovadozes:
This people can speak from both sides if their mouth, I doubt whether this strike will actually hold. They just gave FG monday and tuesday to bribe them, why not start the strike on monday instead of wednesday.

Raziii:
don't be naive, as long as we import,the price will never go down. I mean it's just simple economics na. why are you guys allowing these guys sell crap to you. I took out one important point, 'allowing Deregulation of the industry to be driven by import'. govt is simply passing the subsidy payment over to us. question we should ask is, is there a need for subsidy payment? what if the price of crude oil goes back to over a hundred naira before the year runs out? why was it being subsidised in the first place? for all those saying now is the best time to remove it, I think the best time to remove subsidy would have been when we are no longer affected by the prices at the international market or the fluctuations of the dollar and that can only happen when we start refining locally. truth is no matter how fierce the competition is, no body will sell below his cost price. When APC said the price will crash to 50naira in 6months, my question is, is the cost of bringing PMS to the pumps less than 50naira?

Raziii:
don't be naive, as long as we import,the price will never go down. I mean it's just simple economics na. why are you guys allowing these guys sell crap to you. I took out one important point, 'allowing Deregulation of the industry to be driven by import'. govt is simply passing the subsidy payment over to us. question we should ask is, is there a need for subsidy payment? what if the price of crude oil goes back to over a hundred naira before the year runs out? why was it being subsidised in the first place? for all those saying now is the best time to remove it, I think the best time to remove subsidy would be when we are no longer affected by the prices at the international market or the fluctuations of the dollar and that can only happen when we start refining locally. truth is no matter how fierce the competition is, no body will sell below his cost price. When APC said the price will crash to 50naira in 6months, my question is, will the cost of bringing PMS to the pumps less than 50naira in 6 months time?

gagewonda:
may God bless u

oloriooko:
APC mentality has not left the opposition quarters. When will these people start acting like a ruling party for pete sake!
Making conflicting statements from different quarters on same issue is childish and indicates a purposeless govt