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Nairaland Forum / Nairaland / General / Business / Petrol Should Sell For N151.87/litre, Marketers Insist (15601 Views)
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Re: Petrol Should Sell For N151.87/litre, Marketers Insist by zeburudaya: 6:02pm On Aug 10, 2016 |
Mgbo, mgbo, mgbo piafuchakwa unu isi! When we are not fit to payment N145 per litre, ndi ozu nwuru anwu are look for another way to increment the price. Are we pluck money from mango tree? 2 Likes |
Re: Petrol Should Sell For N151.87/litre, Marketers Insist by ivandragon: 6:24pm On Aug 10, 2016 |
Quakertellicus1: while I agree with your statement, I think its only fair that we consider the direction the Obj & GEJ governments were heading (Yar Adua excluded). the plan was to let the private sector take over the refineries. to do so, the govt had to deregulate so that investors would be certain that their investments will not be stifled by govt over regulation. in that light, the govt had no desire to invest in a business it had no business being in. the Greenfield refineries were proposed with the understanding that govt would deregulate by 2011/12. failure to fully deregulate by first 2011 & then 2012, made the investors get cold feet (nobody enters into a business to make a loss). while it can be argued that GEJ should have built refineries, it is important to state that this would have been almost impossible because the govt would have spent billions of dollars building a refinery while also having to subsidize fuel & no matter how much money we think we made then, this just won't have worked. so there was no way we were going to eat our cake & still have it... |
Re: Petrol Should Sell For N151.87/litre, Marketers Insist by AsoRockz01(m): 6:57pm On Aug 10, 2016 |
Quakertellicus1: Are you still there? Oh! We'Ve left you long ago. We've already moved on. Please do well to join us because if you remain there,you will die soon. |
Re: Petrol Should Sell For N151.87/litre, Marketers Insist by woli2shehu: 7:08pm On Aug 10, 2016 |
[what NLC is doing to work's salary? quote author=dre11 post=48349109]From earlier report about Dollar Scarcity: Petrol Price Hike Looms, Marketers Say https://www.nairaland.com/3277177/dollar-scarcity-petrol-price-hike The petroleum marketers are insisting on increase in pump price..... http://punchng.com/petrol-sell-n151-87litre-marketers-insist/[/quote] |
Re: Petrol Should Sell For N151.87/litre, Marketers Insist by AngryNigerian(m): 7:47am On Aug 11, 2016 |
ceejay80s: Ur own worst den... |
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