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Nairaland Forum / Nairaland / General / Politics / Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari (24161 Views)
After Promising New Petrol Price, NNPCL Moves To Make Cooking Gas Cheaper / NNPCL GMD And Acting CBN Governor Visit President Bola Tinubu In Ikoyi / Dangote, PH Refineries, Others Won’t Change Fuel Price – NNPCL (2) (3) (4)
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Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by nairalandkachy1: 8:19pm On Jul 18, 2023 |
This is how the market regulars itself. Sometimes the process go up and sometimes it comes down - Kyari The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has attributed the rise in petrol pump prices in Nigeria to market forces. https://www.instagram.com/reel/Cu2QVR1oYU2/?igshid=NTc4MTIwNjQ2YQ== Previous Thread: https://www.nairaland.com/7768848/nnpcl-further-increases-fuel-pump#124491593 5 Likes 3 Shares
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Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Acekidc4(m): 8:20pm On Jul 18, 2023 |
Oil Marketers Oil Marketers Why are you People so Selfish and Mean like this?? Meanwhile before you start shouting Tinubu, he has nothing to do with this but am very sure he will do something about this. No fear Tinubu is in Charge. PATRON 109 Likes 14 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by advanceDNA: 8:25pm On Jul 18, 2023 |
Market forces?? yet u pple are still announcing unified pump price.... 149 Likes 5 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by NwaNimo1(m): 8:28pm On Jul 18, 2023 |
No......Na 'Spiritual Forces' coupled with 'Nuclear Forces' ....Shege Pro Max Month 2! 116 Likes 4 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by jmoore(m): 8:29pm On Jul 18, 2023 |
Acekidc4:Oil marketers are not charity organization. Go and become one of them and sell cheaper. And stop saying they are selfish. 71 Likes 2 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by taylor89(m): 8:40pm On Jul 18, 2023 |
Make we wey from PH dey follow Unity beggars and oil parasites dey buy fuel for 750 If them divide this country Yoruba will buy fuel for 58k a liter Na why them no dey use ear hear divide Barren region 92 Likes 7 Shares
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Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by slawomir: 8:41pm On Jul 18, 2023 |
Damnnn niggar Grab my weed and bottle while i listen to ras kimono "under pressure " Isa wicked situation we passing through right now in are we nation..the people dem ma suffer Shege reloaded....Imagine no protest from Nigerians lets start telling ourselves the truth and stop pretending if not this nation will be doomed in the nearest future When a person from the three major tribe is the president..forget it you won't see a united protest from the masses...endsars protest the north didn't participate because their son was the president Now with the hell we have been subjected to still no protest will happen because a son from a major tribe is the president( tinubu)...same thing will also occur if igbo man is the president The only time we can see a united protest is when a person from minority tribe becomes the president...take for example subsidy removal of Jonathan in 2012...the whole nation united and there was protest despite the cheap and low cost of things...lets stop pretending... It's easier for the big three to unite against a minority president than for the country to unite against a president from any of the big three. So unfortunate. That's the tragedy of Nigeria. We are doomed...please spread this news to every youth so we can unite..I'm not only a weed smoker, a pussy banger, a keyboard warrior And a drunkard but me I tell you I think critically 92 Likes 10 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by ipobarecriminals: 8:41pm On Jul 18, 2023 |
Emefiele part 2 in disguise 96 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by id4sho(m): 8:41pm On Jul 18, 2023 |
2 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by donziller(m): 8:41pm On Jul 18, 2023 |
Which can yeye market price 5 Likes 2 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Olukat(m): 8:41pm On Jul 18, 2023 |
No one should blame Kolo blame ignorant southern politicians When the subsidy was removed the cheapest "Ex depot" price was and still Lagos. Why, cos Lagos is the landing point of all the products How did NNPC got to the point of selling PMS at 511 naira in Kano and other Northern states even when Petroleum Equalization Fund(PEF) being part of subsidy is scrapped? It's very simple analogy, the south are actually paying and subsidizing for the North Abegi 15 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Almiron: 8:41pm On Jul 18, 2023 |
Market forces kee you dia. 64 Likes 5 Shares
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Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Metrofox(m): 8:41pm On Jul 18, 2023 |
Acekidc4: Ozuor 22 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by PlayerMeji: 8:41pm On Jul 18, 2023 |
They know.... They just want to use propaganda to discredit the government... Opposition always seem to know the answers until they get into power 9 Likes 4 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by ipobarecriminals: 8:42pm On Jul 18, 2023 |
PA Tee better watch his back b4 this lunatics RUIN his govt 76 Likes 2 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Sonnobax15(m): 8:42pm On Jul 18, 2023 |
Bunch of modafvcking morons. 7 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by FuckSilly: 8:42pm On Jul 18, 2023 |
It will never be well with all of you in that government and NNPC. RECORD SHOWS THAT BUHARÌ THE BASTARD CORRUPT OLD FOOL budgeted trillions of naira for subsidy since 2016, BUT NO KOBO WAS PAID TO NNPC. WHERE DID THE MONEY GO? If Buharì doesn't die in prison, it can never be well with Tìnubu. 5 Likes 1 Share |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Goodman2023: 8:42pm On Jul 18, 2023 |
It's obvious tinubu is afraid to sack this man... Why not do a total cleansing in the petroleum sector...baba they fear...na poor man body he they get power 14 Likes 1 Share |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by MykellOni(m): 8:43pm On Jul 18, 2023 |
Attendance: Present ✔️ Omo, Nothing wey we no go see for this govt. Make una sha mercy for us biko... True true this one na top to bottom o.., chai! There is God.... Naija which way? 1 Like |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by lexy2014: 8:43pm On Jul 18, 2023 |
Acekidc4: Mele Kyari said market forces are responsible for fuel price hike, you are shouting oil marketers. Meanwhile, Mele Kyari told nigerians in 2020 that fuel subsidy had stopped. Which fuel subsidy did Tinubu remove again this year? 7 Likes
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Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by LegendHero(m): 8:43pm On Jul 18, 2023 |
This is just like Oby Ekwesili proposed in 2017. I think Nigeria itself as a country is confused. Before now, we’ve always heard several theories of how subsidy will go, how NNPC monopoly need to go, how there should be full deregulation in the petroleum sector, how market force must decide petrol price, and how they should allow multiple marketers to import the product. Almost all the above have been implemented by Tinubu. However, the pain that comes with it is unbearable for Nigerians. This is now where it gets interesting. Almost everybody that was against subsidy removal during Jonathan government are now supporting subsidy removal and Vice versa. Almost everyone that quoted economic theories about how subsidy is a scam and bla bla bla are now quoting economic theory to say subsidy shouldn’t have been removed, it should have been removed slowly, and etc. Lastly, if I am Tinubu, I will never back down from this subsidy removal. That is very counterproductive. I would rather focus on more palliative deployment whether it is commodity, minimum wage, tax cut, increase agric yield and etc. I rather spent 3 trillion on these than continue with Subsidy. 88 Likes 2 Shares
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Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Karleb(m): 8:43pm On Jul 18, 2023 |
Same market force responsible for subsidy removal and floating of naira. 6 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Helpfromabove1(m): 8:43pm On Jul 18, 2023 |
Na that force go kill you dere What you said some days ago was prices will come down u have given license to more people to import fuel There will be competition and prices will come down And dangote said he will start production by July ending or early august Give me one good reason while that force no go kill you dere 30 Likes 1 Share |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by tommykiwi(m): 8:43pm On Jul 18, 2023 |
You guys have nothing to offer, just like your INEC Selected President. I believe the Agbadorians are still buying fuel at #195 per litre. 12 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by lexy2014: 8:44pm On Jul 18, 2023 |
To "succeed" in APC government, your number one quality is the ability to confidently tell lies 11 Likes 1 Share |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Macphenson: 8:44pm On Jul 18, 2023 |
chaii |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Sultty(m): 8:45pm On Jul 18, 2023 |
there is robust supply kii u there 3 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by bestman09(m): 8:45pm On Jul 18, 2023 |
All these English is to confuse everyone. Las las, they will blame PDP again. I'm sorry for zombies. They bragged about mbuhari building 4 more refineries in 4 years but the dullard couldn't do anything for the 8 years he spent in aso rock even though he doubled as petroleum minister. Let's all enjoy the renewed suffering 2 Likes |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Nasri100(m): 8:45pm On Jul 18, 2023 |
Whatever goes up in Naija always never comes down They are just giving us an upfront notice to get used to this new normal 4 Likes 2 Shares |
Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Mudbell(m): 8:45pm On Jul 18, 2023 |
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Re: Market Forces Responsible For Hike In Fuel Pump Price - NNPCL GMD, Kyari by Basicend: 8:45pm On Jul 18, 2023 |
A leader appointed by God wears the burden of the people. If you read tru the Bible, when David's warriors risked their lives Tru the camp of the enemies and brought water to him, even though you David was very thirsty, he saw the water as blood and poured it to d ground as a sacrifice unto God. The only time he lost focus, he saw and engaged Bathsheba and God punished him brutally. Tinubu is not from God. He represents a punishment to a very stubborn and disobedient nation. A good leader passes Tru. . Sees. . Feels. . And bear the burdens of the people. That is what will guide his conscience to perform. Many Nigerians are dyeing on the streets daily out of hunger. . Yet one single will milk their Commonwealth and be confident in it. . It is blood money. . He will pay. . His offspring will pay also. . The laws of life cannot be broken. Mandela came from the prison. . Obasanjo was brought out from the prison to come and rule. . They heard the language of the common man. Nigeria keeps getting punished with old men as core leaders that needs a good rest mentally and physically. 8 Likes 3 Shares |
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