Before you blame filling stations next time, find out the situation at the depot.

Every thing in Nigeria has become rocket science all of a sudden. And the hollow headed zombies keep swallowing these stories hook line and sinker. Lol

SamuelAnyawu:
We are Producing 20million litres of fuel daily in our refineries ---Kachikwu.

must u lie, its 10million liters per day, and Nigerians consume abt 40 million daily

I am tired of this sheet.Govt should end this mess once and for all.

1. Corruption is in our DNA. It is impossible to degrade it. Nigerians exploit all and every opportunity to profit from road blocks and red tape.
2. The bigger the government footprint, the bigger the opportunity for corruption. Any subsidy will be abused. Deregulation is the only option.
3. It is clear that the government's fiscal and exchange rate policy fuels corruption.
4. It is clear Mr. President is determined to continue where he left off in 1984. I will advise Nigerians dust up their history books and peruse them very carefully.
5. The NNPC is the biggest stumbling block to the nation's development and diversification of the economy.
6. No amount of will power of any individual leader can change the course of this country without fundamentally restructuring it and this will only happen with the express permission of the citizens of this country themselves.

Nuff said.

Amiano:
This is wat happens when you make policies without proper consultation

too desperate to impress d zombie. Trying so hard to impress wen they only hv to blame d past admstrtn n d zombies will b happy.

bigass123:
We are our own enemies, there are too many saboteurs in the system. Those who benefit when the system isn't working right. They prefer for things to go wrong so they can benefit.
Can a house divided against itself stand

who is d saboteur here? Bizman who has no access to d forex at d official price n must not trade at a loss or d govt dat refused him access to forex at official price bt wnts him to sell at d official price n lose? Can YOU do biz dat way?

Something is definitely wrong with this government. From common budget, fuel scarcity, economy.... I mean there's nothing they've been able to get right! Their own lack of clue is really nauseating.

Socagenie:
Task force is not working

They are working in PH and now we are suffering even more. DPR should look at the depots closely.

NavierStokes:
The government can keep deceiving herself and her naive supporters, only those who are involved in this business or know directly people who are into the business will understand all what is currently ongoing.

When people are made to pay the official price into one account and the premium into another account befire they get their products, the same thing that used to reign in our banks to obtain forex.

And at the end you want them to sell at regulated price during the day
They will rather sell at night and be closed during the day.

By the end of APC reign United Nations might give them an award in Kwriupshion.

NavierStokes:
The government can keep deceiving herself and her naive supporters, only those who are involved in this business or know directly people who are into the business will understand all what is currently ongoing.

When people are made to pay the official price into one account and the premium into another account befire they get their products, the same thing that used to reign in our banks to obtain forex.

And at the end you want them to sell at regulated price during the day
They will rather sell at night and be closed during the day.

The existence of subsidies can not be divorced from abuse- Alexander Hamilton

The price of both fuel and forex will continue to be ruinously subsidised until Buhari leaves. He thinks he is doing the country a massive favour. The queues speak otherwise

bigass123:
We are our own enemies, there are too many saboteurs in the system. Those who benefit when the system isn't working right. They prefer for things to go wrong so they can benefit.
Can a house divided against itself stand

I bet u didn't read the whole write up.

How do u expect them to sell below cost price?

The 86 naira was calculated for them with exchange of 197 but these men can not get the said exchange rate @ 197, dey resort to black market to source for fX @ a higher price, do u think it will be feasible to sell @ 86naira?

FG doesn't know what it is doing. They don't consult b4 doing anything and that is why they end up blaming anything they see.

FG is the one sabotaging it's efforts.
And they knew it, but still want to force it down their throats with task force, when they know it is not feasible.


It will be worse for FG is these independent importers stop bringing in the 60% they normally bring for lack of fX, even d remaining 40%,NNPC couldn't deliver.

otokx:


They are working in PH and now we are suffering even more. DPR should look at the depots closely.

When task force is working, na that time masses go suffer well well

How can I buy from depots @ N120/litre + transportation and other costs and then u will force me to sell @ N86? I will simply close shops, I can't be loosing nah.

U can't also blame the depots, FG calculated d N86 @ normal exchange rates of N197/dollar, but could not make fX available for importers, so dey source locally. And den add all the cost of production to sell @ N120 as against d N74 proposed by FG.


FG are not telling themselves the truth, if things remain this way? The queues @ d petrol stations will remain dere till 2019.

They are just shooting themselves in the leg.

grandstar:


The existence of subsidies can not be divorced from abuse- Alexander Hamilton

The price of both fuel and forex will continue to be ruinously subsidised until Buhari leaves. He thinks he is doing the country a massive favour. The queues speak otherwise

Spot on bro, Spot on.