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Nairaland Forum / Nairaland / General / Politics / Petrol Price May Jump To ₦750 Per Litre — IPMAN (21791 Views)
Fuel Scarcity: We Can No Longer Sell At N165/litre – IPMAN / Subsidy May Jump By 100% As FG’s Benchmark Oil Price Doubles / PMS Scarcity: Fuel Price Hits ₦750 Per Litre In Kastina (2) (3) (4)
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Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Etranshub(m): 9:08am On Aug 11, 2023 |
Suffer no dey tire us for this country.... I am sure when we are truly tired, we all go stand up to pushout all this wicked leaders irrespective of their useless party.... We need to start all over 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Felaincarnated: 9:12am On Aug 11, 2023 |
Add am chosen sticker make e carry u till December 🤣 post=125031847: 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Typing: 9:13am On Aug 11, 2023 |
Crystalom37: With the domain and hosting, how much will it be in total? |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Onyema190: 9:13am On Aug 11, 2023 |
May God help us in this trying time. That's all I can say. 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by bluefilm: 9:15am On Aug 11, 2023 |
Tinubu is working. May the expected increase in fuel pump price continue to favour them. 2 Likes 1 Share |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Bobbiee: 9:15am On Aug 11, 2023 |
I don't care. All I know is that as an Agbado miscreant, this Tinubu administration will benefit me and my family 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by starstaz(m): 9:18am On Aug 11, 2023 |
Fifthaout: That is the only solution for now. Legalization of illegal refinery for Local consumption. |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by leokid866: 9:18am On Aug 11, 2023 |
Dexy4yah:Oga who ask you to stay....if you don't want to be oppressed go to Niger, or Mali, Guinea or Russia, you have options here......🤣🤣 |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by FireUpNow(m): 9:19am On Aug 11, 2023 |
A litre of fuel and $1 to naira are in good contest |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Kukutente23: 9:19am On Aug 11, 2023 |
BoldBrainz:NNPCL is not the govt regulator. It is NMDPRA. NNPCL is just like chevron or Total at least on paper. It either means that NNPCL is still the sole importer or the marketers and NNPCL at in cahoots as per fuel pricing. |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by leokid866: 9:19am On Aug 11, 2023 |
Warldbest:wehn....wehn....wehn.....
|
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by LookFront: 9:21am On Aug 11, 2023 |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by enemyofprogress: 9:24am On Aug 11, 2023 |
1000k is their main target 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by zoeymikey(f): 9:26am On Aug 11, 2023 |
kiddkash:Lolll. 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Nyne: 9:27am On Aug 11, 2023 |
izonborn098: Are you okay ? |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by leokid866: 9:29am On Aug 11, 2023 |
SenatePresdo:lol....una go dey shout "saner climes" thinking those ones got there just by strollling.....una wan chop life with no sacrifice.......shey if they had kept subsidy going to the point that our creditors started seizing our assets that what would make you happy? Or was it not you same set of people calling Buhari a failure when it came out that we were using 90% of our revenue to service loans......you will be fine last last.....and if you can't deal Niger is there for you, I hear they have a really hard working government there that you will like.....😁 |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by izonborn098(m): 9:30am On Aug 11, 2023 |
Nyne:No worrry las las u go dey fyn |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Thomthom(m): 9:30am On Aug 11, 2023 |
SIONKPO1:minimum wage #30,000 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by zoeymikey(f): 9:31am On Aug 11, 2023 |
adenigga:And some useless nigerians are still supporting and defending Tinubu. |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by SIONKPO1(m): 9:33am On Aug 11, 2023 |
CodeTemplar:APC was supposed to clear the PDP mess but rather did worst 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by winterbell: 9:34am On Aug 11, 2023 |
Tv for sale LG 65 inch Location rivers state. 300k slightly negotiable Send me a mail. I year old Very neat WhatsApp for pics 0.8.1.6.4..2..2..7..8..5.8 |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by winterbell: 9:34am On Aug 11, 2023 |
Tv for sale LG 65 inch Location rivers state. 300k slightly negotiable Send me a mail. I year old Very neat WhatsApp for pics |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Metrofox(m): 9:39am On Aug 11, 2023 |
SIONKPO1: The good thing is that the North are the first in the line of fire to enjoy the dividends. Karma is indeed a birch |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by BoldBrainz(m): 9:40am On Aug 11, 2023 |
Kukutente23: I am very conversant with the Nigerian Midstream and Downstream Petroleum Regulatory Agency, which happens to be the parent body of PPPRA, DPR and PEFMB. However, the regulatory role of the NNPCL as I earlier implied, isn't within the prism with which you've understood it. Maybe my choice of words was the problem. In the eyes of the government and International communities, the NNPCL is the "measurement scale" used to calibrate pricing modules from the upstream all the way to the downstream. Despite the monumental fraud that dogs the the body, the outcome of the business done by NNPCL informs the schematic with which independent marketers are expected to work with, even in an entirely deregulated oil industry. So, if NNPCL goes out there and buys refined petrol from Venezuela (for instance), whatever pump price they put up after all considerations, is expectedly the benchmark for others to decide their own prices. Of course, being independent marketers, they don't easily access forex like NNPCL does, so their prices will be slightly higher. But where the NMDPRA comes in, is if A. A. Rano decides to set his pump price at 750 naira while NNPCL is selling at 617, within the same state or region. With a price difference of over 130 naira, someone is definitely going to have some explaining to do. |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by SenatePresdo(m): 9:40am On Aug 11, 2023 |
leokid866:. You are no longer a kid, i asked a simple question and you started beating around the bush. 2 Likes |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Haymus007(m): 9:40am On Aug 11, 2023 |
Dreal1247:Swears we don enter am already |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by izombie(m): 9:42am On Aug 11, 2023 |
helinues:After supporting and still support evil , is this all you have to say about the hardship Nigerians are going through? Shameless. Shameless. 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Augla1: 9:47am On Aug 11, 2023 |
izonborn098:This your mumu no too much , who do una this thing All in the name that you are rooting for your tribes man The Igbo man you people vilify up and down can never stoop this low because of 30k , una shame dey shame me 1 Like |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Aurelius1(m): 9:49am On Aug 11, 2023 |
Let it rise to N5000, as long as those who voted APC are buying it for the same amount I don't care. We all bear the brunt together. Next time, they will learn to vote with their heads instead of their anus. 2 Likes |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by leokid866: 9:50am On Aug 11, 2023 |
SenatePresdo:there's no beating about the bush, and as an adult you know there's no exact timeline to these type of things as there are too many variables involved with some major ones out of our country's control.....but the government is doing their best to resolve the matter.....so you either wait and have faith or whine and leave.......like I said you got options explore them. |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by Kukutente23: 9:50am On Aug 11, 2023 |
BoldBrainz:I think you're describing the old unregulated format. In the new format, NNPCL is not the sole supplier. There are others (who obtained import license) who import and are at liberty to set their preferred depot price regardless of what NNPCL sets for itself. NNPCL benchmark should only affect those who take products from its depot if the system is working as expected. Others will have their prices adjusted to that of their suppliers as well. For example, in some areas where NNPCL is selling at 617 in the North, AA Rano is selling at 615 which is below NNPCL price. If independent marketers are waiting for NNPCL before they decide the new pump price, it is an abuse of the system and implies they have become a cartel in cahoots with NNPCL to determine price across board. That kills competition automatically. |
Re: Petrol Price May Jump To ₦750 Per Litre — IPMAN by izonborn098(m): 9:51am On Aug 11, 2023 |
Oga everybody u meet is not broke like u' don't mistake me for ur family people. Augla1: |
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