grossintel:
U see, I talk am news flash Nigerians not only fuel will be increased, even kero and diesel will be increased again, get ready for fuel @190. This government is vision less and short sighted. FG pegged price of Pms at 145 after it was concluded that marketers would get dollar at 350 in the black market and today less than six months later dollar is 425, where do you expect marketers to get dollar for 350? FG is playing football with the masses instead of directing our resources to fixing our refineries to work at optimum capacity, dialogue with militants for a favorable business climate so that more crude oil will be exported and more dollar will be available in the country, he preferes war in Niger delta (Where Nigeria is eating from. In Patients Johnathans voice "CHAII!!" ) and spending billions of dollars in search of oil in the north. And a sane person will point at GEJ when we can see the havoc this dictator is doing before our very own eyes.

amliftedhigher:
If increasing it will solve Nigeria problem, they should increase it.

ALMUSTAQIM:
YOU PEOPLE JUST LIKE GIVING YOURSELVES HEART ATTACK

WHILE MANY FILLING STATIONS ARE REDUCING THEIR PUMP PRICES TO BETWEEN 138 TO 140, YOU ARE DREAMING OF PRICE INCREASE

PLEASE NOTE WE ARE NOW ON PRICE MODULATION.

NO MORE PRICE INCREASE AGAIN

ANYWAY WE KNOW THOSE BEHIND THIS THREAD

JonSnow:
Yes! Increase the price of pms. Increase the price of everything!

When next a walking corpse indicats interest to run for a public post, you zombies would ask questions.


I do not pity anyone, nigerians totally deserve the type of leadership they're getting.

Zombies, over to you. Come and do the math and tell us how this is a wonderful idea and how rainbows fly out of buhari's _ass .

Leopardd:
Onatisi the prophet, come oh, e don dey happen.

rozayx5:
onatisi is here the way buhari proves this guy right by the day. he will soon be T b jOSUHA

Keneking:
No problem, we know your target is N200/litre ..useless government and their voodoo economics.

Hopeless situation

caprini1:
Can someone explain the exact profits of the numerous travels outside the country at the inception of this regime,by the commander in Chief?

grossintel:
Make I clear your eye small, three factors contributed to drop of prices to 140 142.

When marketers buy Pms in depots for example they usually sell of to filling station owners making it easier for them to get the product and make profits as well. But today markets in depots aren't interested because loading Pms in depot to sell equals to loss so you the filling station owner will have to load it yourself hence you bear loading expenses and trucking cost.
Stiff competition goes in play and the filling station owner has to reduce price further and depend on turn over, you won't believe they are competing for 30k per truck profit.
Then importers as well have to find ways to minimise expenses to import Pms at a cheap price so as to sell cheaper.
But the problem now is it's not sustainable! Current exchange rate, loading expenses, cost of running a filing station with a 30k profit it's no longer funny. The prices we see at 145 now are as a result of massive products in tanks from previous imports. Now these markets can no longer sustain it so if government doesn't increase prices we will be back to long fuel queues in filling stations in no time.

Beremx:
I will not say anything till the price is eventually increased.

Grundig:

I don't quite buy this write up. Too many holes to pick.
But hey, it is Sunday and I'm in a relaxed mood so I shall let it slide

Beremx:
I will not say anything till the price is eventually increased.

grossintel:
Make I clear your eye small, three factors contributed to drop of prices to 140 142.

When marketers buy Pms in depots for example they usually sell of to filling station owners making it easier for them to get the product and make profits as well. But today markets in depots aren't interested because loading Pms in depot to sell equals to loss so you the filling station owner will have to load it yourself hence you bear loading expenses and trucking cost.
Stiff competition goes in play and the filling station owner has to reduce price further and depend on turn over, you won't believe they are competing for 30k per truck profit.
Then importers as well have to find ways to minimise expenses to import Pms at a cheap price so as to sell cheaper.
But the problem now is it's not sustainable! Current exchange rate, loading expenses, cost of running a filing station with a 30k profit it's no longer funny. The prices we see at 145 now are as a result of massive products in tanks from previous imports. Now these markets can no longer sustain it so if government doesn't increase prices we will be back to long fuel queues in filling stations in no time.

onatisi:
This is just the tip of the iceberg,sackings is still coming. The monster one is still coming from buhari,if I talk dat one ,ppl go run leave Nigeria. But Nigerians pls enjoy ur change .
Let me hear the happy shouts of sai Baba,sai buhari

onatisi:
This is just the tip of the iceberg,sackings is still coming. The monster one is still coming from buhari,if I talk dat one ,ppl go run leave Nigeria. But Nigerians pls enjoy ur change .
Let me hear the happy shouts of sai Baba,sai buhari

Popogri:


Your eye go soon clear. You shall soon confess winch and beg for forgiveness in trash typing

safetyInspector:
See your life, if the last increase did not solve our problem what makes you think that increasing it again will do the magic? You guys should quit believing all these lies from this government and judge them by the current living standard from an average Nigerian. They don't have to die for the economy to live. There are many ways to pull Nigeria out of her current mess, but those in authority seem to be in pursuit of the shadow. Buhari and his economic team need to wake up from this deep slumber.

Beremx:
I will not say anything till the price is eventually increased.