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Nairaland Forum / Nairaland / General / Politics / Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress (20530 Views)
Fuel Crisis: Nigeria Labour Congress Hails Senate, Threatens Mass Action / Underground For 2 Years, Tompolo, Still Looms Large In The Niger Delta / As Nigeria Shifts Nearer To The Break Line (A Must Read) (2) (3) (4)
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Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by 989900B: 7:20pm On Apr 24, 2016 |
LRNZH: Imagine, between all those lots and DSP too -- not one refinery!!! 8 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by LRNZH(m): 7:23pm On Apr 24, 2016 |
Anticorruption: You know, The Igbos have a proverb: "Onwu egbuchughi ji e jiri chu aja, e mesie o pue ome" meaning "if the yam used in sacrifice does not die prematurely, it will eventually germinate". Years of misrule have not killed resilient Nigerians, it is not your myopic worldview that will. The commissioned pipeline is the right step in the right direction. The Minister of State for Petroleum has come out thrice now to promise that fuel scarcity will ease from May. Based on his confidence and this development, there is a solution in sight. I don't know what your intellectual capacity is but none of you can proffer any alternative solution. GEJ did not help the country, let another man try his hands at it and he should be given ample time to prove himself. In other words, stop being a premature wailer. 16 Likes 1 Share |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by LRNZH(m): 7:29pm On Apr 24, 2016 |
989900B: Some N-Deltans are beginning to understand what a colossal loss GEJ is/was to their cause. Many are still in a state of denial. For 6 years not one of them could be the game changer for their people. This is a topic for another discussion. 12 Likes 2 Shares |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Nobody: 7:29pm On Apr 24, 2016 |
LRNZH: As usual you will call anyone who does not worship your olodo god a wailer, they are bombing pipelines and you are building more pipelines without addressing the issue that causes it. as for your Minister he has set so many dates for the end of fuel scarcity that he cant be taken serious anymore. its only under this govt that i have been hearing the number of tankers sent to each state daily. the same minister told us he needs 500m$ to fix refineries after they had already told us body language fixed them. this same govt till date has not told sensible Nigerians what they achieved in China. But your just a paid poster who will come online to claim intellectual for your zombie fans. and next time when you mention years of misrule add your demi god to the list 6 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by rozayx5(m): 7:38pm On Apr 24, 2016 |
Anticorruption: the op and his group which comprises aresa and co are all kids who know nothing about Nigeria, but to take pix of fashola standing on the roadside and paste it all over the web. 5 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by LRNZH(m): 7:40pm On Apr 24, 2016 |
Anticorruption: [b]The reason as to why I don't take the likes of you seriously is that you are very good at spotting the 'problems'. Not a single solution can you proffer like I stated earlier. For a government that is facing a significant shortage of income, they have tried to focus on solving Nigerian problems. Take a look: Buhari: Poor Income (oil price of course)-- War on BH is fully on with adequate ammunition and combatants welfare -- Still fixing refineries -- Jury is still out on savings GEJ: Largest Income (oil price and no militancy) --- Boko Haram overran Nigerian territories -- Refineries were moribund, crude swap in place --- Increased debt OBJ: Decent Income ---- Boko haram was being managed bt militancy a problem --- Refineries were moribund ---Saved lots of money It is already obvious that the dark days are behind us. Like I said, it is easy to point out the problem , but getting the proper context / offering alternatives is where you guys fall short[/b] cc: Lalasticlala 14 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by rozayx5(m): 7:45pm On Apr 24, 2016 |
LRNZH: when i say you know nothing about Nigeria, you still keep making noise here. Do you know that Nigeria's refineries are outdated? Do you know voting new funds to fix them are a waste of time? the Government is facing significant shortage of income why is your President blowing scarce resources junketing? have you read what the Tanzanian President and that of Rwanda are doing without a kobo from oil and what real change sounds like? and please when did Buhari start fixing the refineries? cause your minister is shouting up and down that he needs more money? your paid to give excuses for this govt and in your mind you think you sound smart when your actually a village champion paid to sing praises to a blind leader 6 Likes 1 Share |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by LRNZH(m): 7:48pm On Apr 24, 2016 |
rozayx5: I am sorry to bust your bubble but I do not consider you to be at the level of someone I can hold an engaging debate with. It will be an unnecessary waste of my time. You should know that by now from our past histories. Remember when you claimed that Buhari cannot afford to chatter a private jet for half a days trip? You lost me since then. ![]() ![]() 12 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by rozayx5(m): 7:53pm On Apr 24, 2016 |
LRNZH: . i even did you a favor to enlighten you. as for your level your just an alausa photographer and its best you stick to that occupation please find some books and read and learn what governance is all about and stop deceiving yourself here. as for your demi god the jets he promised to convert to a national carrier are still being used to flex till date. 5 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Nobody: 7:56pm On Apr 24, 2016 |
greatiyk4u:I don't because as it stands this government lacks direction. Instead of broadcasting every effort they make, they should work more and talkless. I wouldn't be surprised if the minister's effort will be frustrated 1 Like |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by bender79: 7:58pm On Apr 24, 2016 |
SeverusSnape:Apparently you are depressed. 9 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by NonFarmPayrol: 7:59pm On Apr 24, 2016 |
asuustrike2009: i am surprised to see a human being defending this current govt, people like the op deserve to be flogged at a fuel station and thrown into a bottom less pit, you suffer offline only to come online and see people praising rubbish |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Nobody: 8:03pm On Apr 24, 2016 |
LRNZH: Oil marketers would suck us dry if they are given the opportunity to sell at their prices 4 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by rozayx5(m): 8:05pm On Apr 24, 2016 |
asuustrike2009: leave him to wallow in his ignorance ![]() ![]() ![]() |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by LRNZH(m): 8:06pm On Apr 24, 2016 |
asuustrike2009: That's why I suspect that the FG fixed the prices as a short term measure until we reduce our reliance on imported fuel because of the fear of what marketers may do to Nigerians. The FG is making progress and it will gradually become clear as things begin to turn around. But for the long term, full deregulation is the solution. the FG has no business fixing fuel prices. Competition will drive prices downwards. 8 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Nobody: 8:16pm On Apr 24, 2016 |
NonFarmPayrol:Yea. It's very easy to throw stones from outside but it's difficult to feel the pain from stones being throw, that's what this government is experiencing. |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by caleb404: 9:13pm On Apr 24, 2016 |
asuustrike2009: We thought the same thing for years on the telecommunications sector that we relied on NITEL for decades. Same myopic arguments abounded then. Government should hands off refineries. Privatise the sector and regulate it. Let genuine business men handle this in a market of perfect competition regulated by the government. It will be tough initially like when MTN rolled out services and we bought sim card for 40k +. With time it's down to free sim, as more competitors entered the fray. But I don't expect the president to reason as such... and his zombies online. Their almajiri dreams must be actualized. Everyone must does on top oil money. We dey watch. 1 Like |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by DaBullIT(m): 9:37pm On Apr 24, 2016 |
Why are you wasting your time ?? Haters will always hate , they hate good news with passion and anything Buhari or APC does is never good enough for them I stopped arguing simply because LRNZH: 3 Likes
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Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Nobody: 9:55pm On Apr 24, 2016 |
I agree with most of what you have said. But allowing marketers to set their fuel prices would encourage them to create artificial scarcity. Strict enforcement of fixed prices is the way to go. LRNZH: 1 Like |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by LRNZH(m): 10:16pm On Apr 24, 2016 |
GenBuhari: [b]The problems with price fixing are many. The main one is that the price of the raw material for fuels (crude oil), is not static. Without a static crude price, the FG will have to keep changing the fixed price to allow for enough profit margins by the marketers. Otherwise, it will pay the marketers the difference between the fixed price and their total carrying costs (i.e. subsidy). It is a business and no one will run is/her business at a loss. If you recall, the prices were fixed when oil price was sub $30 around January. Today at close to $45 per barrel of oil, the 86.7 per litter for petrol has to be subsidised to a certain extent otherwise no marketer is ready to import fuel. Maybe price fixing can work in the short term until we improve our local refining capacity through revamping our existing refineries and when private ones come on stream. It is not a long term solution to the downstream sector in Nigeria. With adequate local refining capacity, no marketer can jack up the price and remain in business for long because there will be competing fuel sellers trying to undercut each other.[/b] 3 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Nobody: 11:14pm On Apr 24, 2016 |
caleb404:Ok but a market regulated isn't a perfect but an imperfect market. Even if they deregulated, the output would be seen in 3 to more years from now. This was what NOI fought during her time but was criticised out of hatred. |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Nobody: 2:43am On Apr 25, 2016 |
There is a lot of sharp practises and FG needs to hold fast consistent and perhaps those marketers that want easy fast profit may have to go out of business, leaving only those honest ones willing to work harder to try and make a profit. Regarding the subsidy, it does not necessarily follow that rise in crude prices automatically means that fuel is being subsidised. There may be a margin worked into the pricing template that acts as a buffer to take account of crude price rises without the need to subsidise fuel. Even if the fuel is being subsidised, it would be highly insensitive for FG to be seen to remove subsidy at this time when we are going through so much hardship from the scarcity. There are changes going on in the oil sector and change could be painful, but when we pull through things the positive change would be sustainable. LRNZH: 3 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by EmeritusMbaM: 4:33am On Apr 25, 2016 |
Dirty kids throwing insult everywhere without any meaningful contribution to the thread. You wish your country evil and still complain, only God knows how some ediotic mo.ron here sleep at night. Gosh 7 Likes 1 Share |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by LRNZH(m): 4:46am On Apr 25, 2016 |
EmeritusMbaM: This is the most mature post I have read this year on NL. Kudos to you bruv. 2 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by MarysMeal: 5:43am On Apr 25, 2016 |
EmeritusMbaM: There is one called severussnape here, he always pray for the down fall of his country. 3 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by 989900B: 5:46am On Apr 25, 2016 |
rozayx5: 3 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by SeverusSnape(m): 5:48am On Apr 25, 2016 |
MarysMeal:If you don't show me where I prayed for the downfall of the country, May all your heart desires never be granted. Amen? |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by ASL33: 6:01am On Apr 25, 2016 |
LRNZH:Just thinking, pls when did the arms bought by GEJ became adequate? I could remember Lai Mohamed telling us that GEJ did not buy any arms and after some months he told us again that GEJ bought some but they are inferior arms and here you are calling the inferior arms adequate. It's people like you and Lai Mohamed that make people doubt this government sometimes. Ibe told us last month that the petrol scarcity will ease by May, Apc big guns came after him and he retracted and hastily gave the 7th of April date. Today is 25th and we are still in the deep poo. Now he has given us the previous date and you are here hailing him but you are one of those that called him many unprintable names last month for speaking like a technocrat he is. 1 Like 1 Share |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Caseless: 6:02am On Apr 25, 2016 |
LRNZH , where have u been.
Mynd44, lalasticlala, pick up your call. 1 Like |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Caseless: 6:11am On Apr 25, 2016 |
ASL33:gej did not buy any arm, even if he did, they were scrap. He told us they were not selling arms to him; he resorted to buying the arm through fraudulent means (the botched arm purchase in SA). We lost money in that operation. If through dasuki alone we lost billion dollars in less than 1 year, tell me what would have been lost in 6 year under gej in this manner. They stole so much that I can't believe they bought anything. 5 Likes |
Re: Fuel Crisis: New Underground Crude Supply Line, A Sign Of Change In Progress by Caseless: 6:17am On Apr 25, 2016 |
MarysMeal:I realized he's not old enough to be here talking politics, so I forgive him most times. I stopped reading his post a long time ago. 1 Like |
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