The telcom industry was liberalized but after 20 years the call,data,text rate of mtn,glo and airtel ...all fall with same range ....mtn should charge 2 per minutes to all network....within 1 year glo will extinct....buy it fasle free markets....they all agree on average call price...

ahiboilandgas:
read more on oligopoly...Dapma is Dapma ....this why we have anti trust agency in europe ...giving fines ....moman is 8 members with 2500 stations ....and a sectariates...presenting a uniform front....this cartel.....

I know what cartel is and in my experience,it always fails when the members are too large.
Every tom,dick and harry is building stations all over,so how do you control and enforce this crowd?
Who is going to fund it?
It will only work If depot owners get involved and stop selling to people that are selling low price.
It is very expensive and hard to control this kind of cartel with large number of people.
Let me ask you,what will the cartel do to uncomplying filling station owners?
I'm guessing blocking their supply abi?
Now how do you do this if the depot owner is not involved?

The treath was cdma operators like starcom, intracellular,fixed line ...this could have brought true competition...b4 we use to have 2 lines ...one mtn and one starcocm....starcom come calls within State was 5 naira per minutes to all cdma line within same state ...so business people where using it for each other.....now they are extint ...am having both mtn and airtel not for any performances both for network issues...

ahiboilandgas:
nnpc retail ltd control 17 percent market share ....they have about 36 station called mega 1 ....funny enough the remaining 300 are privately owned (affiliates)...so Ahib oil and gas will be selling in it station in Asokoro ...same Ahib oil and gas will be selling in wuse...under Nnpc franchise...All na me ......so i will dirvert Nnpc wuse allocations to my stations in Asokoro to sell at 130 (no queues).....while i sell at 121.5 in my nnpc franchises...using only 1 pump and 2 staffs ....and lond painful lines and disorganised......

Ok o. Let us wait and see how the deregulation will pan out.

Theconglomerate:
I know what cartel is and in my experience,it always fails when the members are too large.
Every tom,dick and harry is building stations all over,so how do you control and enforce this crowd?
Who is going to fund it?
It will only work If depot owners get involved and stop selling to people that are selling low price.
It is very expensive and hard to control this kind of cartel with large number of people.
Let me ask you,what will the cartel do to uncomplying filling station owners?
I'm guessing blocking their supply abi?
Now how do you do this if the depot owner is not involved?

each station is under an organisation is not like a babers shop...u must be under an association...ipman moman...dapma .....so all the stations are under this 3 groups ipman has 10000 ....they have a union like Nlc with head office in Abuja and branch chairman in State depots...their an article of association...with an elected chairman and union dues ....

Theconglomerate:
I know what cartel is and in my experience,it always fails when the members are too large.
Every tom,dick and harry is building stations all over,so how do you control and enforce this crowd?
Who is going to fund it?
It will only work If depot owners get involved and stop selling to people that are selling low price.
It is very expensive and hard to control this kind of cartel with large number of people.
Let me ask you,what will the cartel do to uncomplying filling station owners?
I'm guessing blocking their supply abi?
Now how do you do this if the depot owner is not involved?

the tom and dick must registered and dpr approved to build this a regulated products not some cement or icecream shop

NL1960:


Ok o. Let us wait and see how the deregulation will pan out.

notting new expect high prices,racketeering and possibly scarcity if NNpc stop intervening.....the demand is 30m daily....marketers will input 10m litres only and make a kill...but if nnpc is on stand by ....they markets will be calm...if Dangote refinery is up and ruinig matching demand ...then nnpc can back out and do regulations only

NL1960:


Ok o. Let us wait and see how the deregulation will pan out.

Ago,dpk,atk ,gas is already deregulated what happened ?.....petrol na only 1 item na it will not convert them to saint's....Govt have given approval to import since march....yet no body imported....they want dollars at cbn rates from same source as nnpc ..378 ...give them dollars at 378 ...the round trip the dollars to the black markets at 430 ....who like stress of selling fuel....

Theconglomerate:
Competition and individual reasons always drive prices down so long as prices have dropped from the source.
It's only a matter of time before it collapses and the petrol station union falls out of order..Everyone knows this.
They succeeded in hiking diesel prices this long because demand for it is low.
You can't have a fast moving commodity like petrol run under a cartel scheme,where everyone is looking for a piece of the action.
Unless the cartel is ready to spend good money to enforce this,I give it 9months and prices start falling apart
Will you people also stop the building of new filling stations?because this ones in their quest for customers will start selling low price

Gbam. Diesel is normally bought by bulk buyers and companies. How many people buy fuel of 50 litres but companies buy more than 50 litres of diesel to run office generators.

ahiboilandgas:
each station is under an organisation is not like a babers shop...u must be under an association...ipman moman...dapma .....so all the stations are under this 3 groups ipman has 10000 ....they have a union like Nlc with head office in Abuja and branch chairman in State depots...their an article of association...with an elected chairman and union dues ....

This ipman,moman and co,what do they do for the filling stations?
Are they the ones who supply these stations?
If a station defaults in pricing,what will ipman do to the station?burn it?

ahiboilandgas:
Ago,dpk,atk ,gas is already deregulated what happened ?.....petrol na only 1 item...

Only 1 item that outsells the others 100 times.
Huge demand always brings huge competition.
E go happen for your eye like film,just watch...

ahiboilandgas:
the tom and dick must registered and dpr approved to build this a regulated products not some cement or icecream shop

We have seen bigger businesses succumb to competition,let alone petrol station
I ask again,what will the unions do when filling station owners default?

Theconglomerate:
This ipman,moman and co,what do they do for the filling stations?
Are they the ones who supply these stations?
If a station defaults in pricing,what will ipman do to the station?burn it?

yes nah monan is total ,11plc,Forte oil ,Mrs ,conoil....they owned the stations and they appoint you dealer on a margin....their business consultants and depot rep is in the state ....reconsiling sale...your contract will be canceled and dealerships revorked..

Theconglomerate:
We have seen bigger businesses succumb to competition,let alone petrol station
I ask again,what will the unions do when filling station owners default?

like which bigger one ?

ahiboilandgas:
The telcom industry was liberalized but after 20 years the call,data,text rate of mtn,glo and airtel ...all fall with same range ....mtn should charge 2 per minutes to all network....within 1 year glo will extinct....buy it fasle free markets....they all agree on average call price...

What was the cost of a line when they came in?. MTN said they cannot do per second billing but when GLO came in and did it, MTN quickly had to do it because they were loosing customers to GLO. So why did GLO not join the cartel and do per minute billing?. Price of data is now dropping. During the lockdown, i was buying Airtel of 6GB for 1,500 for a week. Airtel dropped it to that price. Airtel 4.5GB is presently N2000 for a month with generous data bonus. Once one network drops, others also drop in order to retain customers. I was surprised when 9Mobile called me last two weeks. They must have noticed that i have stopped using their data.

Theconglomerate:
Only 1 item that outsells the others 100 times.
Huge demand always brings huge competition.
E go happen for your eye like film,just watch...

u don start ...do u know the consumption of atk by planes ....delta airways Lagos -new York consumes 40000 litres .....do u know the consumption of cooking gas in Nigeria and kerosene....who told u fuel is selling 100 times ...last year total sold 50m litres of pms and 24 m litres of atk ...do u know how much is a litre of jet fuel compared to petrol..

Theconglomerate:
This ipman,moman and co,what do they do for the filling stations?
Are they the ones who supply these stations?
If a station defaults in pricing,what will ipman do to the station?burn it?

When it was 145, i saw some filling stations displaying and selling at 144. Where were the so-called cartel union?.

Theconglomerate:
We have seen bigger businesses succumb to competition,let alone petrol station
I ask again,what will the unions do when filling station owners default?

With unions, i still barb my hair at old rate at my barber's shop and still patch my car tyre at old rate at my vulcanizers.

On a good day a station sells 4000 litres of fuel 4000 x145=? While azman flight from lagos to kano consumps 5000 litres @200 ....then 4 young shall grow buses will use 1000 litrer each of deseal at 200 naira ......to sell 4000 litres at 20 litres per car i need over 200 cars .....their notting attractive in petrol outside the fgn subsidies......remove subsides some station will be converted to residential homes

ahiboilandgas:
u don start ...do u know the consumption of atk by planes ....delta airways Lagos -new York consumes 40000 litres .....do u know the consumption of cooking gas in Nigeria and kerosene....who told u fuel is selling 100 times ...last year total sold 50m litres of pms and 24 m litres of atk ...do u know how much is a litre of jet fuel compared to petrol..

We are not talking of price of the commodity or how expensive it is but volume.
The bigger the volume,the bigger the fight for market share.
Armand de Brignac Ace of spades sells at 150k a bottle.
Star beer sells for 250 naira a bottle.
Which amongst the 2 products have more outlets where they sell the produce?
You want compare petrol and jet fuel in demand?

ahiboilandgas:
like which bigger one ?

Telecoms was very competitive before competition reshaped it.
Why them no dey do per minute billing again?
I'm guessing the union got less greedy.
All those money they spend on advert and marketing,I'm sure they do it for formality sake and the cartel just want waste money.

NL1960:


With unions, i still barb my hair at old rate at my barber's shop and still patch my car tyre at old rate at my vulcanizers.

lol the union don tire money

ahiboilandgas:
yes nah monan is total ,11plc,Forte oil ,Mrs ,conoil....they owned the stations and they appoint you dealer on a margin....their business consultants and depot rep is in the state ....reconsiling sale...your contract will be canceled and dealerships revorked..

There are a lot of people that own their own stations and tanker.Will IPMAN go and stop them from buying and selling in stations they built with their own money?
All they have to do is buy from marketer and sell.
Na man weh no get money to build station dey go hire major player station to sell or person weh dey look for site
When NNPC reduces their price at their stations,what happens to independent station owners that are neighbours to this NNPC stations?
They won't sell if their price is high.
They will be the first to reduce their price and their neighbours will follow suit like domino

Theconglomerate:
We are not talking of price of the commodity or how expensive it is but volume.
The bigger the volume,the bigger the fight for market share.
Armand de Brignac Ace of spades sells at 150k a bottle.
Star beer sells for 250 naira a bottle.
Which amongst the 2 products have more outlets where they sell the produce?
You want compare petrol and jet fuel in demand?

am sure u have never read any of end of year Agm booklets of any oil marketing company....companies are not emotional being....they invest on products that return the most profits ...Mrs sold 50m litres of pms to make 400m litres profits and sold 18m litres of jet fuels over 500m naira profits ,pms contributed the least profit ratio..so where did u can your 100 times ...in which firms total,cooil or where ...or u like living based on wrong and unverified assumptions ....have u studied the p/l accounts of start beer and cognac to reach conclusions

Theconglomerate:
There are a lot of people that own their own stations and tanker.Will IPMAN go and stop them from buying and selling in stations they built with their own money?
All they have to do is buy from marketer and sell.
Na man weh no get money to build station dey go hire major player station to sell or person weh dey look for site
When NNPC reduces their price at their stations,what happens to independent station owners that are neighbours to this NNPC stations?
They won't sell if their price is high.
They will be the first to reduce their price and their neighbours will follow suit like domino

what is the meaning of ipman and bulk purchase agreements..then we continue

Theconglomerate:
lol the union don tire money

Vulcanizers and barbers full the whole place. Vulcanizer or barber wen no gree go stay for shop all day without a customer. I go see if na union the barber wan take pay shop rent when rent expire.

NL1960:


When it was 145, i saw some filling stations displaying and selling at 144. Where were the so-called cartel union?.

they are not selling fuel but generating way bills...i sell 143 .....

NL1960:


When it was 145, i saw some filling stations displaying and selling at 144. Where were the so-called cartel union?.

it our secrets...we can sell for loss 135 and still make money ...the people selling at a loss make the most money....it our secrets and u cant understand and will never ....i can sell 140 in bama bronu State....

ahiboilandgas:
they are not selling fuel but generating way bills...i sell 143 .....

You mean if i see a filling station then that displayed 144 and i enter to buy fuel, they will generate a waybill for me instead of selling the fuel to me at 144?.

ahiboilandgas:
am sure u have never read any of end of year Agm booklets of any oil marketing company....companies are not emotional being....they invest on products that return the most profits ...Mrs sold 50m litres of pms to make 400m litres profits and sold 18m litres of jet fuels over 500m naira profits ,pms contributed the least profit ratio..so where did u can your 100 times ...in which firms total,cooil or where ...or u like living based on wrong and unverified assumptions ....have u studied the p/l accounts of start beer and cognac to reach conclusions

How profited got into the picture is what I still don't understand.
Also,anybody will know that "100 times" was a figure of speech,not necessarily Y×100.
Star producers might be more more profitable than champagne,but who has more competition?
At every corner,you see beer selling bars but you have to go to selected places to see champagne.
Same with petrol and jet fuel.
Filling stations litter every corner and all of these people want to sell,this should tell anyone that the moment depot reduce price,this people will follow suit.
Big players might try to make stunts but it will be temporary.
That Is what I'm talking about.

Una too argue sha. Let's go back to dropping investment advices and discussions

NL1960:


What was the cost of a line when they came in?. MTN said they cannot do per second billing but when GLO came in and did it, MTN quickly had to do it because they were loosing customers to GLO. So why did GLO not join the cartel and do per minute billing?. Price of data is now dropping. During the lockdown, i was buying Airtel of 6GB for 1,500 for a week. Airtel dropped it to that price. Airtel 4.5GB is presently N2000 for a month with generous data bonus. Once one network drops, others also drop in order to retain customers. I was surprised when 9Mobile called me last two weeks. They must have noticed that i have stopped using their data.

that not competition...it called first entry advantage....u exploit the markets to recover the 250 million dollars license fees paid to Nigeria govt ...Glo needed a unique selling point to get market share or die ...how come they have now achieve stability in price uniformity..for data dont look at the amount but the kilo bit per seconds billing ....mtn has moved 150bn dollars out of Nigeria ....the investments have paid back and mtn can charge cost price now .....how come new players are not entering the markets again...?