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Nairaland Forum / Nairaland / General / Politics / Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers (33197 Views)
Why We Can’t Sell Petrol At 125/litre – Marketers / Why Petrol May Not Sell At N145 Anytime Soon / We Can No Longer Import, Sell Fuel At N145/litre — Marketers (2) (3) (4)
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Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Vivere: 7:01pm On Dec 29, 2017 |
EternalTruths:Buhari should give total deregulation of petrol, a trial? Without putting in place measures to prevent inflation from spiralling out of control, or measures to halt prices of goods and services from reaching the skies? Do you even understand the pros and cons surrounding deregulation of petrol? Well, unless he is ready and willing to increase workers wages at the same time, to cushion the effect of such inflation....then he may take your advice. |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Xano(m): 7:09pm On Dec 29, 2017 |
So101: Spin the wheel as you want. If you read my posts, you would have understood I mentioned NNPC depots, NNPC price and trucking, not the amount per litre you wrote. Good comprehension is important |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by GavelSlam: 7:19pm On Dec 29, 2017 |
thambolo: Everything good that was about to happen in the south east was truncated when a new government took over. 2nd Niger bridge NNPC Depot Enugu Never mind the Depot had been out of action for only 12 years before today's government. The one that matters is the government in power today. Never mind that the president was threatened and warned not to visit the east until a few months ago. Never mind that the cockroaches and rats would have infested the depot are ancestors now. Never mind that the 2nd Niger bridge was commisoned in the form of a paper print. 1 Like |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by GavelSlam: 7:22pm On Dec 29, 2017 |
Vivere: You cannot deregulate before refineries become functional. Knowing that as Nigerians, we cannot protect public institutions and the only kind of refineries that can function would be private. The summary is no deregulation until Dangote hits the market. Otherwise the price per litre would spiral out of control. 1 Like |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Nobody: 7:48pm On Dec 29, 2017 |
You people are talking of marketers selling N200-N250 in the SE...what about those selling N400 in the North and Lagos? |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by GavelSlam: 7:53pm On Dec 29, 2017 |
EternalTruths: 65 modular refinery licenses were issued when Buhari came into government in 2015 if I remember right. Since the inception of privatisation and commercialisation government has moved away from setting up businesses . The blame should be at the foot of private investors who have done nothing so far. |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by So101: 8:00pm On Dec 29, 2017 |
Xano: Good comprehension is as important as clarity. I must say I’m Lost cos I read clearly the word “depot”, so could it be that you misconstrued an NNPC filling station as a depot? A healthy argument is one to learn from so I’ll be glad if you can explain what you just said first to yourself and then to me! Cos it makes absolutely no sense whatsoever Or maybe I truly have a problem with comprehension. N/B Please don’t take this as an attack on your person, it’s only an attack on your views which are a bit shitty thanks.. 1 Like |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by revolt(m): 8:17pm On Dec 29, 2017 |
nairavsdollars:by law all refined PMC must go to nnpc for distribution..same in power sector thts why no magic will work on those sectors until govt totally deregulates 1 Like |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by mikolo80: 8:27pm On Dec 29, 2017 |
Sprumbabafather:when your man was there what did you do. Why do all your men build depot in Lagos. Abi your petrol owners are northerners |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Vivere: 9:32pm On Dec 29, 2017 |
GavelSlam: The truth is that arranging funding for such endeavours takes a lot of time, effort and money. Our local banks cannot finance a modular refinery from start to finish by themselves. The cost of financing and interest rate alone, would kill the project. So license owners need international funding, at low interest single-digit rates. And this brings us back to a Catch-22 situation. International funding for such projects would be difficult to get, until the market is fully deregulated. Unless the owners of such licenses can show the international financiers in clear terms, that they can not only run such refineries effectively, but can also turn a profit, even under the current atmosphere of non-deregulation. It is difficult, but not impossible. Afterall, Niger Delta Exploration & Production Plc (NDEP), an independent oil exploration company successfully set up its own modular refinery about 7 years ago. It wholly operates a mini refinery at Ogbele in the Delta, with a current slated capacity of 1,000bpd generating revenues of USD 1 million per month. The company is planning to expand capacity five-fold to 5,000bpd as part of a two to five year plan, which would run at 60% operational efficiency rate, and generate revenues greater than US$ 3 million dollars per month, or US$36 million dollars, per annum. They currently produce diesel and kerosene, but are planning to produce petrol shortly. The quantity of diesel produced at their Ogbele refinery, increased from 5,329,981 litres (in 2013) to 15,689,343 litres (in 2014). 1 Like |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Sprumbabafather: 9:50pm On Dec 29, 2017 |
thambolo: Can you tell me the name of the igbo man who has used his selfish interest to stop pumping fuel to the NNPC depot? If you cannot mention his name, then you are a big goat for blaming your brother for a problem inflicted on you by people from other regions. |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Sprumbabafather: 9:52pm On Dec 29, 2017 |
mikolo80: Sorry, I now remember Goodluck Jonathan is from Emene in Enugu state. Anumanu. |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by mikolo80: 9:56pm On Dec 29, 2017 |
Sprumbabafather:o he is no longer from biafra again. He is not your son again. Azikiwe is now a Yoruba name. I see |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Sprumbabafather: 9:59pm On Dec 29, 2017 |
mikolo80: No, understand me, Awolowo is even from Biafra too. |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by brookz: 11:52pm On Dec 29, 2017 |
Even if all the marketers wil revert to the Govt official price, d lost and confused tribe of yisreal A K A 5% Ters wil comply. |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by AFONJAPIG(m): 5:56am On Dec 30, 2017 |
Buhari and his family are leaving aso rock come 2019... what a useless incompetent gworo chewing dullard from duara village... |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by divproducts: 7:15am On Dec 30, 2017 |
They shouldn't stop at enugu and awka.. They should come down to onitsha because I know that 95 percent of filling stations at onitsha are selling btw 250 and 280 |
Re: Why We Cannot Sell Petrol At N145 Per Litre In South East – Marketers by Chydobe: 10:26am On Jan 03, 2018 |
So, you now have what we call a double warning. NNPC is suddenly finding its importing what they probably didn’t expect in terms of volume and the fact that Nigerians themselves are consuming more volume that they will normally consume in earlier months. He also re-iterated on the fact that neighboring countries are selling fuel at more that $1 per liter. Of which $1 in Nigeria today is about N360. "Couple with the fact that the countries that are surrounding us as a nation are all selling fuel at more than $1 per liter. $1 today is about N360. If you go to Cotonou, Ghana, Niger so is is not unlikely that some of our petrol is finding itself across the body to these countries". Click on link below for more information http://www.newzified.com/fuel-price-in-nigeria-likely-to-be-n360-per-litre-oil-marketers-insist/ |
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