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Nairaland Forum / Nairaland / General / Politics / We Can No Longer Import, Sell Fuel At N145/litre — Marketers (26002 Views)
Kano IPMAN Directs Members To Sell Fuel At ₦150 Per Litre / Why We Can’t Sell Petrol At 125/litre – Marketers / Fuel Stations Sell Fuel In Daura, Jibiya Border Towns Despite Ban (2) (3) (4)
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Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by maasoap(m): 1:20pm On Dec 24, 2017 |
ivandragon:Your post made sense but I have two things to say, it doesn't matter whether you agree or not. 1. It has been proven (including Okonjo Iweala) that many fake registered oil importing firms that didn't import a drop of petrol claimed billions of naira as subsidy money under GEJ. 2. Buhari doesn't want to pay subsidy on petrol even though the price of oil is increasing in the international market. But if there is one thing I learned from this report, I just knew what caused this scarcity because I was used to telling people that I didn't know the exact cause before. Buhari should do something quickly. Like eliminating the fraud in the payments of subsidy because as the price tends to go up in the international market, FG can't avoid the payments of subsidy to reduce the associated hardships in the society. Unlike Jonathan supporters who were campaigning for subsidy removal in 2011/2012, I wouldn't campaign for that despite the fact that I'm Buhari supporter. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by authenticman(m): 1:24pm On Dec 24, 2017 |
COMPAQ: @ the bolded, so if the marketers made above normal gains during period of lower crude price, good conscience demands that they accept the current price pending when we have full deregulation. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by maasoap(m): 1:31pm On Dec 24, 2017 |
HtwoOw:Firstly, what happens if the price of crude oil hits 70$, 80$, 90$ and 100$ per barrel in the international market? HtwoOw:Secondly, subsidy was abused but that was under Jonathan. No pronounced abuse under OBJ. Can't Buhari's administration eliminate subsidy payments abuse? Because the price of crude oil may rise to the new level where FG will only have one option: subsidise. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by MobilityExpress: 1:42pm On Dec 24, 2017 |
All these petroleum marketers that are sucking Nigeria’s wealth dry but are not buying cars from me, may God punish all of you in a special way. You can’t continue to be eating Nigeria’s money alone and not buy cars from me |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Nobody: 2:20pm On Dec 24, 2017 |
MobilityExpress: Fixed |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by MizMyColi(f): 2:20pm On Dec 24, 2017 |
Esseite: Adminisher has a sure counter to this. 1 Like |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by ivandragon: 2:31pm On Dec 24, 2017 |
maasoap: 1. wasn't that the reason why GEJ wanted to fully deregulate the market so as to make the 'cabal' redundant? the fraudulent people you allude to under GEJ are even making more money right now because they get their own 'subsidy' direct from CBN at ridiculous rates... 2. pmb & nnpc ARE subsidising PMS, albeit indirectly. the swap programme (crude for refined products) does not favour Nigeria despite the lies to the contrary. furthermore, when nnpc has to import outside the swap arrangement, it uses its own funds & as such plays outside the rules of the FX market. for instance, instead of $1-N306 which is official rate, nnpc can equate $1-N150 for its business. this is what the major marketers really want, the FG should give special concessions to them too... nnpc might not need to make profit, but private businesses need to... so don't be fooled about pmb not paying subsidy, they are only being smart by half... on removing subsidy, that is the way to go in the long run, except pmb decides to build refineries which will be mismanaged again. if subsidy is not removed, private refineries will not be built. dangote is building because he is getting special concessions, support & assurances that full deregulation will be in play by the time his refinery is ready for operations. the bottom line is that pmb & his classless followers lied to Nigerians about subsidy, now their lies have come back to hunt them... QED 1 Like |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by propertymania: 2:40pm On Dec 24, 2017 |
HtwoOw: Did you say Buhari ran a successful government for the past two years? with 7.9 million gainfully employed citizens loosing their job according to recent NBS release and with poverty and improveshment of the masses at its wits end! If this to you is success,may God make your life so successful like the way Buhari has successfully ran Nigeria in the past two and a half years!!! 2 Likes |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by MobilityExpress: 2:41pm On Dec 24, 2017 |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by tempest01(m): 2:43pm On Dec 24, 2017 |
GavelSlam: Then what is stoping its privatisation? Or a concession? |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Nobody: 2:51pm On Dec 24, 2017 |
MobilityExpress:Really? |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by HAH: 2:55pm On Dec 24, 2017 |
matrix199: What Does One Barrel Of Crude Oil Make? One barrel of crude oil contains 42 gallons which creates 45 gallons of petroleum products About 47% of each barrel of crude oil is refined into automobile gasoline In the US an average of about 2.5 gallons of crude oil are consumed per person each day The US imports about 40% of its required crude oil and about 52% of that amount comes from OPEC countries Product Share of Total U.S. Petroleum Consumption Gasoline 47% Heating Oil/Diesel Fuel 20% Jet Fuel (Kerosene) 8% Propane/Propylene 6% Natural Gas Liquids 6% Still Gas. 4% Petrochemical Feedstocks. 2% Petroleum Coke 2% Residual/Heavy Fuel Oil 2% Asphalt and Road Oi 2% Lubricants 1% Miscellaneous Products 0.4% Other Liquids 0.4% Aviation Gasoline. 0.1% Special Naphthas 0.04% Waxes 0.04% Kerosene 0.02% Source: EIA November 2013 Data Please use the above to make your assumptions obviously you have succeeded in getting the applause of those who have no idea of crude oil contents |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by INTEGRITYA1(m): 3:06pm On Dec 24, 2017 |
matrix199: It's been crazy Sir, and when Donald Trump said we should be recolonised because why should we be suffering in the face of surplus, our people are mocking him, instead of us to appreciate him for telling us the gospel truth then think and act accordingly by making our leaders accountable for their wrong doing. What a stupidity; as a man you have a raw cassava, you sell it all raw very cheap, while selling you insure cost of transportation and other logistics expenses, you later go back to buy: GARI, ELUBO, FUFU and so on, from those you sell to; meanwhile all these were made from the raw Cassava you sold out at a very cheap price. In fact, it's so crazy. 1 Like |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Cupcake25522(f): 3:26pm On Dec 24, 2017 |
BeeBeeOoh:You cracked me up real hard. 3 Likes 1 Share |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Pavarottii(m): 3:33pm On Dec 24, 2017 |
HtwoOw:Wise drunk.. Who first opted for d removal of subsidy? 1 Like |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Nnamaka1: 3:39pm On Dec 24, 2017 |
matrix199: Is this really possible honestly I would be so glad, am so fed up of the unnecessary hardship being measured onto us daily in this country. 1 Like |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Reference(m): 4:24pm On Dec 24, 2017 |
ivandragon: Hahahaha....you can say that again. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by eprynce(m): 4:47pm On Dec 24, 2017 |
yeyerolling: the APC and their senseless minions have to ensure that the propaganda remains 'true' |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by aolawale025: 5:26pm On Dec 24, 2017 |
Why can't we just deregulate the price? That would eliminate corruption in that sector and encourage investments too |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by aolawale025: 5:43pm On Dec 24, 2017 |
StankovicEgeni: The best option was the one OBJ took. To sell them but unfortunately it was reversed by UMYA due to pressure from the NNPC cabal because they would lose the benefits they obtain from endless TAM done on the refineries |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by LadiIshola(m): 7:36pm On Dec 24, 2017 |
ajl:Noted. Thanks for the correction bro. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Compliant(m): 8:07pm On Dec 24, 2017 |
gocac: INCREASE OR NO INCREASE APC/BUHARI WILL NOT WIN THE 2019 ELECTION BY GOD GRACE USE TO BE A FAN OF BUHARI BUT NOW I KNOW 100% I AM WRONG FOR SUPPORTING HIM BUHARI IS A PUNISHMENT TO MANKIND IMAGINE BUYING BLACK MARKET FUEL FOR #400 |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by Nobody: 8:52pm On Dec 24, 2017 |
eprynce: |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by KanuJEWSarePIGS: 9:41pm On Dec 24, 2017 |
bencynthgreat: He is deeply pained. Don't head to the gallow!
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Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by bencynthgreat: 9:46pm On Dec 24, 2017 |
KanuJEWSarePIGS:I thought u have more punches to throw at me. Do that and see how how I make my name taste just like a dick in ur mouth. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by KanuJEWSarePIGS: 9:20am On Dec 25, 2017 |
bencynthgreat: I advise you go low with me on this. I receive banters daily from customers thanks to the job I do so be sure you aren't gona get through my skin even as you head towards exhaustion. Be guided! |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by bencynthgreat: 9:50am On Dec 25, 2017 |
KanuJEWSarePIGS:U can run ur mouf but I don't care cos if u get too close ama clap ur mouf. am more like a double edged sword and I won't hesitate to slice u. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by KanuJEWSarePIGS: 11:08am On Dec 26, 2017 |
bencynthgreat: He is already running low . Panting like a scared fat ladened dog. Relax and enjoy the full comfort of your old loosed chair. You've not exhausted your threshold. I never open your channel yet. You go believe wen your o'clock don nack. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by COMPAQ(m): 11:25am On Dec 26, 2017 |
authenticman: Who does business based on conscience? When profits are to be made, you do business. The moment business stops being profitable, you close it down. That's the reality. |
Re: We Can No Longer Import, Sell Fuel At N145/litre — Marketers by bencynthgreat: 11:47am On Dec 26, 2017 |
KanuJEWSarePIGS:Haha stupid punk ass thinking he's a shiiit. Why haven't u open ur channel for me. I hit harder than Hennessey so bring it on. |
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