Fuel Scarcity Set To Hit Nigeria Again.. - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Fuel Scarcity Set To Hit Nigeria Again.. (38158 Views)
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by LEXYCOM: 12:35pm On Jun 15, 2016 |
Bring it on.....we are ready |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by 2n2k(m): 12:38pm On Jun 15, 2016 |
Fedayeen02:Not necessarily. Azman oil in Gwarinpa sell at N143 and they perhaps have the best pumps in FCT |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by Xano(m): 12:39pm On Jun 15, 2016 |
Even at #145 per litre, some Petrol filling stations adjust dispensing machine to operate less than the standard set for volume of petrol per litre. For example: you pay for 20 litres, you get 15 litres equivalent. That's a rip off. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by Trust77: 12:46pm On Jun 15, 2016 |
Make thunder fire all d mega station boss. They're as useless as Buhari |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by Untainted007: 12:50pm On Jun 15, 2016 |
Xano:I got the info alright bro. And I'm into the petroleum downstream sector too. That is why I first raised the issue of competitive market. If NNPC is made to sell at N130 or N135, private owners of service stations are only after profits and at d same time if NNPC reduces theirs they are still trying to consolidate the masses, which is still one of the responsibilities of government. So don't get me wrong. It's not only you that passed through school, so many people also did; Thanks. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by agitator: 12:51pm On Jun 15, 2016 |
mrvitalis: Untainted007:Please, where is the competition? Somebody is ordered to sell at a certain price and you call that competition? ![]() SMH for the kind of people who present themselves as intelligent beings. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by magabounce(m): 12:56pm On Jun 15, 2016 |
Guyman02:I thought FO maitama has the best pump ever |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by wacoj(m): 1:07pm On Jun 15, 2016 |
feldido:When we are colonized again by the British and all our facilities manned by the whites. It is obvious we can not rule ourselves and be useful to ourselves. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by daygeee(m): 1:09pm On Jun 15, 2016 |
Acidosis:I don't think so sir. The so called black marketers get it cheaper than N130 /litre so they can't buy from the Mega stations at that price. And the Mega stations would be foolish to sell at less than N130 just to cause a scarcity. Whether they like it or not competition is here and it's going to be difficult for them to impose an artificial fuel scarcity. In time things will fall in their rightful place. God bless Nigeria |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by MsGlobalwonder(f): 1:10pm On Jun 15, 2016 |
Temptee101:toh.. Diaris God oo ![]() |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by sammhi(m): 1:12pm On Jun 15, 2016 |
Untainted007:I doubt you are just a messenger in the so-called downstream...if not you won't say private marketers are just after profits..hmmmn S Dangote is not after profits.... My friend, no businessman set up a business for pleasure or charity ..even so call charity organizations makes millions or billions of profit..don't be deceived. Even Lagos state government is set up for profit and that is why they are doing well if private business is not set up for profits..then why is it set up?..even church or mosques makes profits but they won't tell you... don't be deceived !! |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by youngalex(m): 1:15pm On Jun 15, 2016 |
Thought they said competition will force down prices in ONE MONTH...ECONOMIC NONSENSE I have ZEROED my mind to withstand all the hardship that comes with this APC led Govt. as long as am still in Nigeria. When the new price regime was announced i clarified that it will be nearly impossible for prices to go down,CAPITALIST INVESTORS in the oil and gas industry demand the maximum profit possible and yet they want to incur minimal cost insisting to be sold dollar at CBN rate through approval of their letters of credit...HEARTLESS PEOPLE |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by simplynola(m): 1:29pm On Jun 15, 2016 |
Fools. Why compete with lesser marketers when you can work with turnover. All because you want the whole gain to your pockets. You can as well shut down your stations we don't care anymore, Nigerians have developed thick skins after the last scarcity experience. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by alt3r3g0: 1:50pm On Jun 15, 2016 |
Xano:From what is being said, it appears they all buy from the same Depot (NNPC). If they can bribe and even buy at a lower price than official one, it shows that the profit margin between the actual price and 145 is really big. When you have a huge gap, just like official and blackmarket rate of dollars, corruption thrives. Best thing to do is to bridge the gap which is what NNPC is trying to do with the 130 rate. 145 was fixed as people claimed they would source for dollar independently. If they now all go to the same NNPC to load, then why are we still paying 145? |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by arsenal33: 2:16pm On Jun 15, 2016 |
all those shouting deregulation, prices don't come down in nigeria |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by willibounce1(m): 2:36pm On Jun 15, 2016 |
Lol. Go to the so called mega stations and see how the fuel attendants are standing in a pitiable manner waiting for customer to come and buy fuel. In fact if you go to some stations, you will have to ask if they are opened cos everywhere looks deserted. They are telling the mumu ppl to reduce their price and them dey do strong head. Why not sell at 135 and have more customers, make that quick little profit and have fast turnover. Na greed go kill them |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by chiscodedon(m): 2:40pm On Jun 15, 2016 |
they are stupid, they should be dulling while the business oriented main marketers over take them as am posting now, in calabar, NNPC, Northwest filling stations sell at #140. can ask to confirm |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by edorhe14(m): 3:22pm On Jun 15, 2016 |
Consiglier:Yeah true..lemme rephrase just as it was with diesel. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by Untainted007: 3:36pm On Jun 15, 2016 |
sammhi:Now I realise you dont tend to sound like a gentleman I thought you were. Why is simple English so difficult for you to understand? My first point was that the most of the capitalists firms frowns at competitive markets (They were used to selling above pump price when it was N87, some sold a litre for N200 and above). The competitive market is helpful to Nigerians but in some ways reduces the margin of profits. If you sell at N140 and I sell at N145 yet we got our products from same source. Definitely, I will be making more profit than you do. If NNPC makes sacrifice of selling below estimated part, I see it as sacrifice meant to be paid by government to the masses or is government not suppose to be supportive to the masses in one area atleast. Next time use your brain before you quote someone or better still don't quote me if you have difficulty in understanding English. Didn't you read this section of the op post before writing thrash, you must be daft academically [/b]The association claimed that Ibe Kachikwu, the Group Managing Director (GMD) of NNPC, had directed that all mega filling stations sell fuel at varying rates of N130.00, N135.00, N140.00 per litre, while their competitors sellat N145 per litre.[b] |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by cococandy(f): 3:45pm On Jun 15, 2016 |
Vessi:yes o |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by smirn(m): 4:04pm On Jun 15, 2016 |
Quakertellicus1:It is very simple, if the Mega Station owners claim they are buying at the same price as the independent marketers and will not sell at NNPC directed price, then they should pull out of NNPC mega station and go back to the their former status as independent marketers. Come to think of it, if they claim they are not enjoying anything as NNPC Mega Station Owner, then why not withdraw from it? |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by BABANGBALI: 4:45pm On Jun 15, 2016 |
Na today mtcheeeeeeeeeew |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by BABANGBALI: 4:47pm On Jun 15, 2016 |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by tatucci: 4:56pm On Jun 15, 2016 |
marketers shud be free to sell below 145 but it shudnt be an imposition. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by Actor101: 5:20pm On Jun 15, 2016 |
Untainted007: |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by Actor101: 5:23pm On Jun 15, 2016 |
I don't think you really understand what is going on.......They said Some people are already bribing their way at the depots and officials there are selling to them at a price lower than the official one.Do you want dem to enter Gbese ni? |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by chysam: 7:39pm On Jun 15, 2016 |
Goke7:Scarcity is not fuelled,it can be created or caused,but crisis can be fuelled. Oya send me airtime for this correction. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by Nuezha(m): 7:45pm On Jun 15, 2016 |
I bought @ 140/l at AARano in Kano today.
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| Re: Fuel Scarcity Set To Hit Nigeria Again.. by dabossman(m): 8:44pm On Jun 15, 2016 |
smirn:Best post yet. It is not by force to be an NNPC Mega station. Simply pull out of the franchise if it doesn't pay you. |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by nairamaniac: 10:47pm On Jun 15, 2016 |
cococandy:Hop the fuel scarcity no blow reach u for that side? |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by 6tuz2468(m): 12:14am On Jun 16, 2016 |
Sijo01:**** wht concerns pmb with marketers, jst pray for ur country for peace |
| Re: Fuel Scarcity Set To Hit Nigeria Again.. by CoolAmbience(m): 5:30am On Jun 16, 2016 |
BeeBeeOoh:Didn't see where the policy meant non profitability for them rather they are at advantage for more sales and swift turnovers. Mega means that they have capacity for larger volumes thus benefitting from the economy of scale. I think it is sheer greed on their part. Government must speed up efforts to enhance and sustain local refining and end these excesses. |
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