₦airaland Forum

Waiting for 2019 to increase it from 145 to 200/lit

Sagamaje:
Chairman I can see that your brain his paining you. At the bolded, your god Buhari was among the protesters who said subsidy is a scam and he paid 1.4trillion indirectly. Please if you don't have something reasnable to say ,go back and play with tyres

1.I supported GEJ's fuel increase, unlike you jokers who are now taking the position Buhari took in 2012...even when it was not good economcially for us.

2.It does not matter who is in power...PDP or APC...and I support neither.....what matters is that it is bad economic practice to force businessmen and women to sell their goods and services at an 'approved' price which is what most Nigerian governments have done from time inmemmorial REGARDING THE PRICE OF FUEL...which makes marketers to import at a loss, reduces the amount of money to fix oil related imfrastructure, and scares away freign investment and jobs..

3.Since you want Buhari to reduce pump price...and in essence force marketers to sell at a loss...are you saying GEJ was wrong in 2012...when he increased prices from N65-140?

Get off the politics high horse...and think. THINK!

.. … sell at a lower price.

OyinO:
What has reduced when fuel is N145? Fuel was N87 under Gej. Maybe you don't know what is true reduction.

I'm not talking of Jonas era

Cromcruach91:
I supported GEJ's fuel increase, unlike you jokers who are now taking the position Buhari took in 2012...even when it was not good economcially for us.

2.It does not matter who is in power...PDP or APC...and I support neither.....[b]what matters is that it is bad economic practice to force businessmen and women to sell their goods and services at an 'approved' price which is what most Nigerian governments have done from time inmemmorial REGARDING THE PRICE OF FUEL...which makes marketers to import at a loss, reduces the amount of money to fix oil related imfrastructure, and scares away freign investment and jobs..

3.Since you want Buhari to reduce pump price...and in essence force marketers to sell at a loss...are you saying GEJ was wrong in 2012...when he increased prices from N65-140?

Get off the politics high horse...and think. THINK[/b]

Niga Neptune. The fact remains that Foolhari doesn't deserve the position of a class captain. No one is compelling anyone not to sell PMS at the major price, but why claim you will bring fuel down to #45 when you know its beyond possible and also $1 to #1 when you know you are a dullardino. Guy man please don't quote me again cus u saying poo

How do i drive a car with an empty tank? Dullards

ANYTIME YOU HEAR THIS TYPE OF ANNOUNCEMENTS, BE REST ASSURED THAT FUEL SCARCITY IS AROUND THE CORNER.

Sagamaje:
Tell Buhari the old fool to return the price of PMS back to its abi initio price I.e 87. Anyone that supports Foolhari needs brain surgery. May Amadioha strike all his Media Cows

it’s going to N200 in 2019. They don’t wanna increase it now because of election. So if u re voting u vote wisely.

Sagamaje:
Tell Buhari the old fool to return the price of PMS back to its abi initio price I.e 87. Anyone that supports Foolhari needs brain surgery. May Amadioha strike all his Media Cows

I told you Buhari have got no brain,

MissKerebete:
it’s going to N200 in 2019. They don’t wanna increase it now because of election. So if u re voting u vote wisely.

My oga only fools certified from their mothers womb will vote for that poo again

Shameless man sounding as if they have done us any good than harm increasing fuel price from #87 to #145

Sagamaje:
But obasonjo never claimed Mr integrity and never said subsidy was a scam. But our fool from Duara; Mr stupidgrity came and worsen the whole situation after promising Nigerians a better life before the cow was voted in. He is meant to be with his cows not ruling us

if we are being ruled by a fool,then we really must be foolish,,,I cry for this foolish country wen the foolish masses no get voice

Allowing marketers to sell at any price shouldn't be import dependent. How do u encourage other refineries to spring up. Once ppl realise dangote is making money other refineries will def come on stream. It should be market driven but locally produced. Government refineries should be revamped or a new one should have been built to compete with dangote. I guess dangote will get crude at a subsidize d rate from government and it will in turn be cheaper than having to import. We own this crude , we can use sm for local consumption or do we have to export everything. Crude oil is being found in most part of Nigeria now so if dangote needs more crude it means more ppl will invest in finding more crude oil in Nigeria .I believe dangote can buy a stake in a small upstream company as well if he really wants to be extra patriotic.

Iammercy2018:
Baru passed this instruction few hours after an NNPC station was shut down in Abuja by the Department of Petroleum Resources (DPR) for selling petrol at N181 per litre.

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru has asked Nigerians not to buy petrol above the government-approved price of N145 per litre.
Baru passed this instruction few hours after an NNPC station was shut down in Abuja by the Department of Petroleum Resources (DPR) for selling petrol at N181 per litre.

Baru added that some oil marketers are cheating on the public, though they are carrying NNPC logo.

Baru spoke on the sidelines of the induction of the Founder/Group Managing Director, Arco Group Plc, Alfred Okoigun, as an honorary member of the Nigerian Academy of Engineering (NAE) in Lagos.

He said the NNPC has sanitized the supply and distribution of petroleum in the country.

"We have brought back sanity in the fuel supply system. We have over 2.1 billion litres of petrol in-tank at the moment and people should be calm and be sure that the right quantity is given to them at the filling station at N145 per litre that the government has approved to be the sale price of PMS.”

He added that Okoigin is a remarkable entrepreneur and that his service to the market is important. Also, he guaranteed indigenous companies of the corporation’s support.

He said “What it takes to run the economy is to have entrepreneurs who are ready to bring innovations to the market. The Nigerian market will have a lot to benefit by bringing to the market the various inventions. The fact that they are going to set up manufacturing plants and equipment and produce these inventions to be used locally will have a multiplying effect.”

Okoigun said the fellowship award would aid him to give more support to the engineering profession. “This is an encouragement for me. It is a challenge that I should do more and it also represents the excellent work that Arco is doing.”

According to the president, NAE, Mrs. Joana Maduka, the academy is putting all efforts to increase investors/inventors’ rapport.

http://saharareporters.com/2018/04/13/dont-buy-petrol-above-approved-pump-price-n145-litre%E2%80%93-nnpc-gmd

We are even buying N143 here in Port Harcourt

Sagamaje:
Niga Neptune. The fact remains that Foolhari doesn't deserve the position of a class captain. No one is compelling anyone not to sell PMS at the major price, but why claim you will bring fuel down to #45 when you know its beyond possible and also $1 to #1 when you know you are a dullardino. Guy man please don't quote me again cus u saying poo

OK...just quoting you to tell you that I am not into your pmb vs gej show.

Sorry you did not get my message.

Seankay323:
Allowing marketers to sell at any price shouldn't be import dependent. How do u encourage other refineries to spring up. Once ppl realise dangote is making money other refineries will def come on stream. It should be market driven but locally produced. Government refineries should be revamped or a new one should have been built to compete with dangote. I guess dangote will get crude at a subsidize d rate from government and it will in turn be cheaper than having to import. We own this crude , we can use sm for local consumption or do we have to export everything. Crude oil is being found in most part of Nigeria now so if dangote needs more crude it means more ppl will invest in finding more crude oil in Nigeria .I believe dangote can buy a stake in a small upstream company as well if he really wants to be extra patriotic.

Even then, refiners still have to make profit, so the fuel price, even at improved refining capacity is going to stay above 200 .

Govt should not be setting prices for anyone

Cromcruach91:
OK...just quoting you to tell you that I am not into your pmb vs gej show.

Sorry you did not get my message.

Thanks we clear now

Sagamaje:
Thanks we clear now

Again, govt should let marketers sell at the price they want to sell.

Bubu nor gej have any business setting prices for marketers. That is my message to you tonight.

Cromcruach91:
Again, govt should let marketers sell at the price they want to sell.

Bubu nor gej have any business setting prices for marketers. That is my message to you tonight.

Yes marketers should sell at their price and Foolhari should go back to his herdsman work instead of piloting Nigerian into a deep shithole

Cromcruach91:
With which money, dear boy?

Where is the cash to subsidze the fuel to N87 per liter.

That is what GEJ tried to tell you people in 2012....when he increased prices from N65 to N140...that the subsidy cash was running out...and we won't be able to keep it up. You jokers protested...and GEJ brought it back partially....reducing it to N97...but by 2013...N97 was only applicable in Lagos and Abuja..because forcing marketers to sell at that price made them sell at a loss.And it was a big part of the reason why we could not save much under GEJ's regime...we were throwing money down a bottomless pit in the name of subsidy.

If Buhari lsitens to you and forces the price of fuel back to N97....it would be a big economic mistake. Essentilaly, all petrol markleters would be losing as much as N30-100 per liter of fuel sold...which would be a disaster. Jobs would be lost...and the only source of fuel would be the black market.

Face facts....Bubu may be a bad economist...but criticising him for refusing to tell people how to sell their wares in the market place? Hmm...you need to go and reread your economics, son.

The high price of fuel affects the very least common man on the streets, How does the Federal government savings improve the life of those that bear the burden of these policies. Omo better they don't save anything and cut down fuel price cos they are actually saving for themselves and future generation.

Cromcruach91:
Fuel prices at Minna in 2014 was N170, in the SE was N200 and above, and in Zaria was as high as N180.
It was only in Lagos, Abuja and some major marketers that you could get fuel for N97 per liter...and that after queueing for long hours.
You obviously don't own a car.
And no, I am not defending Bubu....I think that if GEJ had been allowed tokeep fuel at N140 in 2012...things would have been much better price wise.

With all you've said still it wasn't as hard as this



.

Jaykolo10:
You and the daura man.. all of you will be sent packing soon... and before and after that God will punish of you according to your foolish works... before you came into power fuel was available at an affordable rate now you're in power fuel is not even available talk less of being affordable... and you're still sounding warnings... again God will punish all of you one by one......

Amen