msmon:
Respite may have come the way of Lagos residents as eight vessels with various types of petroleum products arrived Lagos ports yesterday lending credence to Federal Government’s assertion that marketers are holding Nigerians to ransom over refined products.

One would be wondering how the vessels would
be arriving Nigeria two days after the government
paid N156 billion to marketers when it would
naturally take weeks or months to bring in such
cargoes from overseas.

But according to a bulletin by the Nigerian Ports
Authority (NPA), the petroleum products that
came in include base oil, kerosene and petrol. The
publication further revealed that three other ships
also arrived with rice in bags and containers.

It said that NPA was expecting the arrival of 27
ships to the Lagos ports between May 4 and 30.

The publication said 13 of the expected ships are
to sail in with containers, while eight others are
expected to arrive with food products. The food
products, it disclosed, include rice, bulk sugar,
bulk salt, frozen fish and bulk wheat. General
cargoes are to be brought in four ships, while one
ship each would will sail in with vehicles and kerosene.

Nigerians have for over a week been jolted by
petroleum scarcity, which reportedly arose from
the strike embarked upon by oil marketers protesting over N156 billion debts owed them by government. But only last Thursday, the Finance

Minister, Dr. Ngozi Okonjo-Iweala, paid the said
debt while urging the marketers not to hold
Nigerians to ransom. Even as at the weekend,
there were still controversy over the actual debts
outstanding in their favour.


http://sunnewsonline.com/new/?p=117832

Wow so I made front page cool + that's goodnews

Wow so I made front page cool + that's goodnews

GenBuhari:
[size=15pt][b]Fuel scarcity is political!

In other words it is deliberately made scarce as a way of extorting extra money from general population.

This thread proves that there is adequate fuel in the country.

When a govt is serious about solving a fuel scarcity crisis that is threatening to grind the country to a halt, it would put it as a high priority and announce emergency measures to get fuel supply raised.

I may have missed it but I am quite sure that the government has done nothing at all.

All GEJ needs to do, is order fuel marketers or those hanging on to the fuel to release the fuel to filling stations with immediate effect or lose their license and face arrest and jail sentence.

Who created the oil marketers? - PDP govt of Thief Obasanjo .

The same PDP are now telling us that they are belng held to ransom by the fuel marketers.

It is political and corruption - nothing more!

Imagine if the company servicing all of Aso Rock's vehicles refuses to return any of the vehicles, do you think FG would do nothing and only be making statements complaining that it has been held to ransom?

Abeg, this is pure nonsense!

America and her allies are the beneficiaries of the $ 800 Billion looted from Nigeria since 1999.
Can you see now why America despite public statements to the contrary, does not want a competent APC administration that is likely to cut off our money flowing to them?

May the gods protect our President Elect and wreck all evil plots against him and his incoming govt.
[/b][/size]

GenBuhari:
[size=15pt][b]Fuel scarcity is political!

In other words it is deliberately made scarce as a way of extorting extra money from general population.

This proves that there is adequate fuel in the country.

When a govt is serious about solving a fuel scarcity crisis that is threatening to grind the country to a halt it would put it as a high priority and announce emergency measures to get fuel supply raised.

I may have missed but I am quite sure that the government has done nothing at all.

All GEJ needs to do is order fuel marketers or those hanging on to the fuel to release the fuel to filling stations with immediate effect or lose their license and face arrest and jail sentence.

Who created the oil marketers? PDP govt of Thief Obasanjo .

The same PDP are telling us that they are held to ransom by the fuel marketers.

It is political and corruption - nothing more!

Imagine if the company servicing all of Aso Rock's vehicles refuses to return any of the vehicles, do you think govt would do nothing and only be complaining that it has been held to ransom?

Abeg this pure nonsense!

America and her allies are the beneficiaries of the $ 800 Billion looted from Nigeria since 1999.
Can you see now why America despite public statements to the contrary, does not want a competent APC administration that cut of our money flowing to them.

May the gods protect our President Elect and wreck all evil plots against him and his incoming govt.
[/b][/size]

shift15:



Point of correction. Obasanjo is APC navigator.

Reference:


Very simplistic. You cannot decree enterprise. Government has no refineries (at home or abroad). It has no ships, it has a few licensed gas stations and trucks. It has only part of the money to buy fuel per time. It is a minority stakeholder in this business. Its leverage is minimal and that's the way it should be. When your airtime is gone your phone becomes an ordinary but expensive calculator, organiser or gameboy. It is the continuous funding matching consumption that keeps enterprise alive, nothing more.

We the public do not buy gas on credit at filling stations. We pay cash. The government that promises to bridge the gap is the cause of the scarcity so the solution is simple. Remove government from the equation by removing subsidy. But what we are saying now is let us change government and see whether it is a better businessman. Is there such a thing.

Otenestbestyaho:
Fuel scarcity ko oil scarcity ni, nigerians love trekking.

Ilekeh:
SMH

A scenario of a farmer begging for food.

bushdoc9919:
As usual...I see many Nigerians thinking that a businessman or businesswoman's job is to run charity.

Look...a marketer brings in fuel at N114 per liter...and sells it at the subsidized price of N87 per liter.

Them gofment pay the chaps the balance....leaving them with little profit...or in some instances...zero profit.

No wonder...some of them bill govt for fuel NOT imported...and run off with the money (It is more profitable that way.... . But still very very wrong).

The simple fact is that fuel is expensive BECAUSE we are importing the stuff. Back when I was a kid....fuel cost 75kobo per liter. Back then....all our refineries were working...and no Nigerian in his wildest dreams ever thought we would import even 0.0000000001 Liter of fuel.

But now....we are importing fuel....MOST of the fuel we use in this country....and our refineries are not operating at full capacity.Meanwhile...our revenues from oil are FALLING....thanks to the low oil price....and we still have to pay subsidies for education, fertilizer, etc.

In other words....we are just shoveling millions of dollars into an incinerator. Remind me who thought it was a good idea.

At the end of the day subsidy has to go. If we keep on subsidizing fuel....many marketers are going to go broke. And that means...JOB losses. And we won't have enough money for everything. Pretty soon....prices will go up elsewhere....eg school fees, hospital fees, etc...because we no longer have the kudi to subsidize everything else and fuel.

Yes, prices of fuel will go up. But we just might have more money to do things...like repair our refineries, build more of them...and fund things like mass public transport. Which is a cheaper alternative to cars and cars.

I don't say this with joy. I wish with all my heart there was an alternative. But we have no choice. Either build 4 more refineries+renovate existing ones......or the subsidy goes.Awoof government is not sustainable government (unless you have a hefty GDP....which can only be achieved by getting industrial....instead of this resource dependent economy we have.).

9jatatafo:
Waiting for the days to come where petroleum products scarcity will be thins of the past. In this country we love seeing our fellow being suffer for nothing and take undue advantage. Too bad!!

dearpreye:


And that's why nature has brought upon us the most wicked and myopic rulers!

YoursGEJ:
Isn't Nigeria supposed to be the 7th highest producer of crude oil in the entire world? Sixteen years of PDP later, we are rejoicing when ships laden with crude oil products arrive at our ports.

25 days to go. I LOVE CHANGE!!!!

bushdoc9919:
As usual...I see many Nigerians thinking that a businessman or businesswoman's job is to run charity.

Look...a marketer brings in fuel at N114 per liter...and sells it at the subsidized price of N87 per liter.

Them gofment pay the chaps the balance....leaving them with little profit...or in some instances...zero profit.

No wonder...some of them bill govt for fuel NOT imported...and run off with the money (It is more profitable that way.... . But still very very wrong).

The simple fact is that fuel is expensive BECAUSE we are importing the stuff. Back when I was a kid....fuel cost 75kobo per liter. Back then....all our refineries were working...and no Nigerian in his wildest dreams ever thought we would import even 0.0000000001 Liter of fuel.

But now....we are importing fuel....MOST of the fuel we use in this country....and our refineries are not operating at full capacity.Meanwhile...our revenues from oil are FALLING....thanks to the low oil price....and we still have to pay subsidies for education, fertilizer, etc.

In other words....we are just shoveling millions of dollars into an incinerator. Remind me who thought it was a good idea.

At the end of the day subsidy has to go. If we keep on subsidizing fuel....many marketers are going to go broke. And that means...JOB losses. And we won't have enough money for everything. Pretty soon....prices will go up elsewhere....eg school fees, hospital fees, etc...because we no longer have the kudi to subsidize everything else and fuel.

Yes, prices of fuel will go up. But we just might have more money to do things...like repair our refineries, build more of them...and fund things like mass public transport. Which is a cheaper alternative to cars and cars.

I don't say this with joy. I wish with all my heart there was an alternative. But we have no choice. Either build 4 more refineries+renovate existing ones......or the subsidy goes.Awoof government is not sustainable government (unless you have a hefty GDP....which can only be achieved by getting industrial....instead of this resource dependent economy we have.).