Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,196,640 members, 7,962,065 topics. Date: Sunday, 29 September 2024 at 09:10 PM

Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre (20666 Views)

Marketers Eye ₦‎700/litre Diesel After Dangote Price Cut / Petrol Will Cost 700/litre Begining From July 1st / Marketers Project ₦‎700/Litre Petrol (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by ivandragon: 6:09am On Jun 11
Lol...
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Godons1: 6:10am On Jun 11
More money for our own Dangote. Some people go cry blood this morning grin grin grin

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Inosky: 6:11am On Jun 11
Elinosweet143:
This is what you get when you don't look through your plans thoroughly before executing it, as a leader you don't just enforce a policy you have to take time to check the pros and cons of such policies but this we country, naaa policy comes first and then we go begin go in circle dey find who to blame

Tinubu has no leadership acumen, he is only good in manipulation.

2 Likes

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by JetStar: 6:13am On Jun 11
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by CrownedPhoenix: 6:13am On Jun 11
So same reasons why subsidy was removed is still there?
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Och77(m): 6:15am On Jun 11
I thought Government said they aren't subsidizing petrol anymore. This is to show that they were lying. And it still shows that the government doesn't have a mapped out plan for the solution of our economic woes
I always said Tinubu made a blunder by floating the Naira along side subsidy removal. He shouldn't have floated the naira after removal of subsidy. That would have enabled us have a sort of stable currency and stabilize the price of pms.

1 Like

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Emu4life(m): 6:18am On Jun 11
Dannyset:


It's obvious you don't know a thing or you just feel like ranting this morning as you all always do.

Are you saying petrol is not being smuggled out of the country when it was being subsidized? 🤣😂🤣 You must be one hell of a joker. The whole of our borders were filled with fuel smuggling business. Go and find out why there was a protest in Niger when the subsidy was removed so to speak.

What most of you don't know is that, no matter what, fuel will be smuggled out of Nigeria to Benin and Niger because it is officially more expensive in those countries even if it is sold for 5k here.

It is just unfortunate that our customs are almost useless and we also have lots of unmanned and illegal borders.
From #900 to #5k. Una wan kill Nigerians?
You and the Government are dumb, Trial and Error Policies always.
What did Nigerians gain from Currency floating and Subsidy removal?
Inflation, hardship and more Inflation.
If the Customs fail to do Thier Jobs, shouldn't someone be fired? Why should Nigerians suffer bcuz Customs can't do Thier Jobs.
Mumu People
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Gwhizzy: 6:18am On Jun 11
Inosky:


They're still subsidizing fuel and defending Naira even more. The landing cost of petrol is over N1,000. Don't be deceived.

The landing cost is 1,000? How do you know this please? Was it the same landing cost when fuel was subsidized? Or after they remove subsidy then it increase to 1,000?
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Izuchukwu70: 6:25am On Jun 11
VeeVeeMyLuv:
IMF told that man to float the naira, he hurriedly carried out and implemented the policy.

Now just look at the repercussions. 😡 Not only are they smuggling petrol out, they are also smuggling foodstuffs out of the country.

What did this Foolish man gain now from subsidy is gone and float of currency? Absolutely nothing.

The more things change, the more they remain the same.

Guy shut up for once. Talk is cheap. You guys said he should take it back to 300 naira litrs but it's even at 700 naira plus , it's still being smuggled. Imagine its at 300. They just need to increase the salary to at least 100k minimum.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by DMerciful(m): 6:28am On Jun 11
The govt is behind this news/propaganda.
The intent is to make it seems like fuel at N700 is cheap
SalamRushdie:
They have started with their lies again anytime they want to increase fuel price they will start blaming other countries, if the customers can secure our borders then they should be scrapped

1 Like

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Mandate1: 6:33am On Jun 11
stonemasonn:
Alot of lessons learnt. One of which is to never trust IMF.
no serious country takes IMF seriously.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Brushstrokes20: 6:33am On Jun 11
Usual bullocks! 📢📢📢📢📢
The shyyythole is being ruled by a bunch of irresponsible scums!
The damn contraption is on auto pilot 💯💯💯
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by StreetFight: 6:35am On Jun 11
Ogun go soon kee somebody
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by StreetFight: 6:37am On Jun 11
SalamRushdie:
They have started with their lies again anytime they want to increase fuel price they will start blaming other countries, if the customers can secure our borders then they should be scrapped

It is not a lie, it is true. However we voted this government to block all loopholes and move the country forward, how they achieve this is none of our business. It is me they expect to start chasing smugglers?
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by just2endowed: 6:41am On Jun 11
SalamRushdie:
They have started with their lies again anytime they want to increase fuel price they will start blaming other countries, if the customers can secure our borders then they should be scrapped


Nigeria has been subsidizing oil in west African to Cameron since 1991.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Menclothing1: 6:43am On Jun 11
From Badagry to mile 2 Nigerians always buy in keg to go and sell in neighboring countries
Buy 700 to sell 1700
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Fiscus105(m): 6:45am On Jun 11
Only in Naija that govt would be complaining for her followers about the problems they themselves have to solve

1 Like

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by StaffofOrayan(m): 6:48am On Jun 11
Why don't we just ramp up local production and simply sell to these west African nations?

Abi which kian useless complain be this?

2 Likes

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by DeepsightX: 6:49am On Jun 11
Where are those who claimed subsidy removal will end smuggling.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Judolisco(m): 6:52am On Jun 11
I thought they said removal of subsidy will reduce smuggling?
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Bluntemperor: 6:53am On Jun 11
Flame333:
Shame on West Africa

Shame on your Leaders( both Past and Present)-who cannot put their house( Nigeria) in other. They are just eating without thinking of the Youths and tomorrow!tomorrow!
- Most Northerners and other Southerners are the real Problems of Nigeria,as they are Not- Patrotic - by allowing their poor State routes to be used by the Criminals -to Steal Petroleum Products accross the Porous Borders,so who are they receiving?
•the poor Masses are being cheated and many will come in religion format to deceive the Masses by' rankadede'.
They continue to raise the Prices - through borders - by Smuggling - which they are all aware!
• There Governors will still comes to share the same Revenue every 4- Months in Federation Accounts,yet most of these Money,they can't Accounts for it,as they are Stolen!
Who is deceiving who in Nigeria?
What a Country ?
Very Unpatriotic elements.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Judolisco(m): 6:54am On Jun 11
VeeVeeMyLuv:
IMF told that man to float the naira, he hurriedly carried out and implemented the policy.

Now just look at the repercussions. 😡 Not only are they smuggling petrol out, they are also smuggling foodstuffs out of the country.

What did this Foolish man gain now from subsidy is gone and float of currency? Absolutely nothing.

The more things change, the more they remain the same.
no be naira floating cause dis wahala... Na fuel subsidy removal
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by udemzyudex(m): 6:54am On Jun 11
VeeVeeMyLuv:
IMF told that man to float the naira, he hurriedly carried out and implemented the policy.

Now just look at the repercussions. 😡 Not only are they smuggling petrol out, they are also smuggling foodstuffs out of the country.

What did this Foolish man gain now from subsidy is gone and float of currency? Absolutely nothing.

The more things change, the more they remain the same.

Untill they stop taking advice from IMF and world bank who have vowed to keep African countries poor, they'll never learn.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by tuoyoojo(m): 6:57am On Jun 11
This format don cast

Why should the whole country pay for the incompetence of people manning the borders. If the owes their are not doing their work, sack them and put people there who are ready to work


With the inflation they are also planning to increasing fuel to 2k per later.....these guys are joking
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by arantess: 7:08am On Jun 11
OmotolaDeniro:
IMF are bunch of criminals derailing the economy🤔
the drug baron is a stooge in their hands, he will play ball because of his illegitimacy.

they own him.

1 Like

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Cassandraloius: 7:11am On Jun 11
One politician is at work.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by lastmessenger: 7:11am On Jun 11
Elinosweet143:
This is what you get when you don't look through your plans thoroughly before executing it, as a leader you don't just enforce a policy you have to take time to check the pros and cons of such policies but this we country, naaa policy comes first and then we go begin go in circle dey find who to blame
when you have first class in accounting people tend to assume that they know everything hence the sudden announcement that subsidy is gone

1 Like

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by RepoMan007: 7:12am On Jun 11
That's around $0.415 a litre and means it is now cheaper than when it sold for round $0.4 or N180 a litre. Most of our problem boil down to corruption, disregard for law enforcement, and weak naira.
Same border that food cant be smuggled in through to make them cheap locally is where fuel goes out through. Fantastically corrupt nation.

2 Likes

Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by Dyfynezz12(m): 7:12am On Jun 11
As if those smugglers didn't pass the customs officials on duty.
Maybe they turned to winch and disappeared.

Useless government that can never be accountable
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by wizelink(m): 7:13am On Jun 11
Is there anyway Nigeria can be redeemed from herself? Not only the leaders but the followers are to blaim for this economic sabotage. As you are mending one side someone is leaking another side for the sake of greed. May God help this country.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by saddler: 7:14am On Jun 11
No cause for alarm.

The FG told us subsidy is gone, so the FG isnt subsidizing the fuel being smuggled.
Re: Smuggled Nigerian Petrol Floods West African Markets, Sells At ₦‎1,700/litre by marenkurz: 7:14am On Jun 11
Sack custom boss. If the problem persist, sack the next one. Sack them until you find the person that can do the job. Don't blame us for your incompetence.

(1) (2) (3) (4) (5) (Reply)

IPOB Protests Against Restructuring In Port-Harcourt (VIDEO) / Edo 2020: Obaseki Vs Oshiomhole: Shadow-Boxing / Kogi: Crisis In PDP Over Wada’s Emergence As Guber Candidate

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.