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Fuel Price Increase Can't Be Stopped - IPMAN - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Fuel Price Increase Can't Be Stopped - IPMAN (481 Views)

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Fuel Price Increase Can't Be Stopped - IPMAN by james669(op): 10:18am On Sep 09, 2016
https://thesummary.com.ng/media/k2/items/cache/120dffd222cfc10917d12761474f22ed_M.jpg

The much speculation of possible increase in price of Premium Motor Spirit, PMS, otherwise known as petrol, may not be considered mere, as the Independent Petroleum Marketers Association of Nigeria, IPMAN, Thursday warned of threat to product availability in the country, as it is gripped with series of challenges confronting the petroleum sector. But, other operators have argued that the price of petrol is driven by laws of economies, which cannot be altered for a long time, and as such is expected to increase giving the current challenges of FOREX and others.

National President, IPMAN, Mr. Chinedu Okoronkwo, stated that flexible way to assessing FOREX has been given rather than black market dependence for the purpose of importing critical items to the country. He said, “But I will advice for total deregulation. The price moderation, which is the cap placed is not healthy for the petroleum industry to grow. He stressed that, “If the refineries are working to a good capacity like 70 percent, the product will not be less than N130 per litre. We should focus on making the refineries work.

Source: http://thesummary.com.ng/index.php/news-categories/national/item/8145-fuel-price-increase-can-t-be-stopped-ipman
Re: Fuel Price Increase Can't Be Stopped - IPMAN by agwom(m): 10:19am On Sep 09, 2016
undecided
Re: Fuel Price Increase Can't Be Stopped - IPMAN by Beremx(f): 10:22am On Sep 09, 2016
I dey vex seriously!!
Re: Fuel Price Increase Can't Be Stopped - IPMAN by onatisi(m): 10:26am On Sep 09, 2016
Beremx:
I dey vex seriously!!
I thought u said u don't believe it.
Re: Fuel Price Increase Can't Be Stopped - IPMAN by oloriooko(m): 10:30am On Sep 09, 2016
The thunder that will strike this man cannot be stopped for sure
Re: Fuel Price Increase Can't Be Stopped - IPMAN by greatgod2012(f): 10:34am On Sep 09, 2016
APC don scam Nigerians with change mantra!

Now, change don change to "change begins with me"


Buhari have said if you Nigerians don't change, he will not deliver the change he promised you during the campaign period.



APC! Scam!
Re: Fuel Price Increase Can't Be Stopped - IPMAN by Beremx(f): 10:46am On Sep 09, 2016
onatisi:
I thought u said u don't believe it.
I never said so. dig up the post and read it again.

....and please stick to topic before i become the topic of discussion.
Re: Fuel Price Increase Can't Be Stopped - IPMAN by bayelsaowei(m): 10:53am On Sep 09, 2016
Beremx:
I never said so. dig up the post and read it again.

....and please stick to topic before i become the topic of discussion.
grin grin
1 Reply

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