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Nairaland Forum / Nairaland / General / Politics / PPMC fixes petrol Ex-Depot price at ₦138.62 per litre (17711 Views)
Fuel Price Rises 223.21% To ₦769.62 Per Litre – NBS / NNPCL Pegs Ex-Depot Price At ₦479.50 Per Litre / Petrol To Sell At 117 Per Litre As PPMC Slashes Ex-Depot Prices (2) (3) (4)
PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nemere2020: 1:27am On Aug 05, 2020 |
The downstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, the Petroleum Products Marketing Company, PPMC, has fixed the ex-depot price of Premium Motor Spirit, PMS, also known as petrol, at N138.62 per litre.https://www.vanguardngr.com/2020/08/just-in-ppmc-fixes-petrol-ex-depot-price-at-n138-62-per-litre/amp/?__twitter_impression=true
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nbotee(m): 1:38am On Aug 05, 2020 |
Wait ooo, if d PPMC still fixes depot price what den have d govt been making noise about completely allowing marketers fix price 23 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Simplyleo: 1:42am On Aug 05, 2020 |
From the foregoing, it is expected that oil marketers would adjust their pump price to between N145 to N155 per litreI just filled my tank this afternoon at the rate of 143/litre. ![]() Pretty sure filling stations must have adjusted their pump prices to the upper limit at 155/litre by now. ![]() If the review were to be downward, same filling stations will tell you they have to finish the remaining stock before complying with the new pump price. ![]() 54 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by PrinceOfEast(m): 2:17am On Aug 05, 2020 |
Foolish people....They keep increasing and reducing!! I want N65-N95 per liter, Buhari has failed us. 29 Likes
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by BigTableShaker(f): 2:46am On Aug 05, 2020 |
Awon eleribu 11 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by dalongjnr: 3:11am On Aug 05, 2020 |
Nbotee:Whatever goes up, doesn't comes done. That's price control. Allowing these markets to do what they wanted is dangerous. 2 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by PrinceOfEast(m): 3:13am On Aug 05, 2020 |
dalongjnr:Who tell u this bullshit? U knw how many times fuel price don increase/decrease? Even Ashawo price dey increase and decrease. 12 Likes 2 Shares
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by dalongjnr: 3:27am On Aug 05, 2020 |
PrinceOfEast:If ppmc, make a proclamation today that new pump price is #154, the marketers will not wait up to 24hrs to reflect the changes despite having an old stocks and reverse is the case in terms of price decrease. More so, if they marketers are allowed free had, they will rob Nigerians by putting the price of products at will. We known how things operate in this country and the government doesn't want power crisis that's why marketers are not allowed free hands to determined prices of their goods. 9 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nobody: 4:15am On Aug 05, 2020 |
PMB : petrol will be 1 naira per litre 3 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by PrinceOfEast(m): 4:17am On Aug 05, 2020 |
dalongjnr:Mr man,calm down.......e never reach fight na...channel dix energy with Sowore!! REVOLUTION!!! 8 Likes
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by PrinceOfEast(m): 4:21am On Aug 05, 2020 |
Abouwaza:So u believed Mr clueless.....chai! 18 Likes 1 Share
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by helinues: 5:26am On Aug 05, 2020 |
Ok |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by mosuncool: 5:27am On Aug 05, 2020 |
They'll still change am after some weeks 3 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Joefat: 5:27am On Aug 05, 2020 |
Come again please.. |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by helinues: 5:28am On Aug 05, 2020 |
dalongjnr: ![]() ![]() 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by MrImole: 5:28am On Aug 05, 2020 |
You guys can do better... |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by realstars: 5:30am On Aug 05, 2020 |
It Is Easy To Increase The Pump Price But Not Easy To Reduce The Price To The Masses. 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Rollins777(m): 5:31am On Aug 05, 2020 |
They are back from break. 4 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by masterP042(m): 5:31am On Aug 05, 2020 |
A country that has been producing crude oil for over 60 years, yet, no functioning refinery. Even though we've been a banana republic, yet we couldn't even develop our area of dependency.. Nigeria is just like a cripple footballer. The petrol price is high, because 1. We use outdated and costly method to produce crude. 2. We refine our crude in other countries, and the charges incurred by all these transport and shit, is borne by the last consumer, the poor masses. 3. Cost of transporting the products from the deport and ports to different states.. How the fvck are the pipelines not working? These big trucks cause accidents and spoil the roads, they are too big to ply these substandard roads. Using trucks to transport fuel for long distance is very expensive. 4. Lack of efficient planning and good policies. But those benefiting from the corruption wouldn't want it to change. Good policy and plan, can actually turn around the whole situation. Many of these oil marketers have refineries outside the country where they refine oil, but why they don't have one in Nigeria is what I'm yet to understand, is it that they're afraid of govt? I've seen many reasons to give up in this country.. This is 2020, and we are still battling with common issues like bad roads, illiteracy, inefficient power supply, poor drainage, hunger, unclean water supply, etc. In 2020. Very very bad 31 Likes 3 Shares |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by adioolayi(m): 5:32am On Aug 05, 2020 |
Hope subsidy is gone forever ![]() |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by seunlayi(m): 5:32am On Aug 05, 2020 |
Who cares |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Afolabimills(m): 5:32am On Aug 05, 2020 |
Buhari apc and it's very useless stupid supporters bring sorrow tears n blood it shall never be well with u all 5 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by flemsy15(m): 5:36am On Aug 05, 2020 |
no problem |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Enyimbamercedes: 5:37am On Aug 05, 2020 |
This year go what??... e go rugged oooo Where are the people who occupied the street that year over pump price increase? Please this is the time to really occupy the streets o... Don’t be shy 6 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nobody: 5:37am On Aug 05, 2020 |
How do you want to grow businesses and SME alongside prevent unemployment with such increases... Well... we are all in it together, both the sensible and the senseless. 6 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by 4tomandchi: 5:41am On Aug 05, 2020 |
Nigeria my country we are indeed progressing! 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by bamasite2: 5:41am On Aug 05, 2020 |
Watching |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by pafra(m): 5:43am On Aug 05, 2020 |
When most of guys were shouting remove subsidy, PMB said he doesn't believe in subsidy, subsidy is a frude etc. I guess most guys don't understand what subsidy means. Why blame PMB. When is the market forces and international crude oil price that will determine the cost? Is PMB a factor? The shout and the insult just beginning. Make international crude price reach 100 dollar per barrel 2 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by UDOKABESTLUV(m): 5:47am On Aug 05, 2020 |
God Pick up my call 2 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by magicminister: 5:49am On Aug 05, 2020 |
dalongjnr: No it’s not! Please let me explain! Deregulating the oil and gas industry will lead to a price increase for sure but it will also make it profitable for new players that can operate more efficiently to enter the game. That way, it becomes “may the best man win” situation. Look at us!! We produce oil, export it and then import it at the partial expense of the government. Subsidizing the industry will never allow growth because it’s easy money. Companies don’t have to invest in refinery because regardless of the cost, FG will pay. Imagine if the industry was deregulated and those old timers hiked the price to say 350N/liter on the excuse that the importation cost is high... then 4 years down the line, a new player builds a mega refinery and able to sell at 80N per liter cos they produce at a cheaper cost, who do you think will win? Same thing has to be done in the electricity industry... open up distribution and generation!! Let’s unburden the government and kill these corrupt institutions! 8 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by anonimi: 5:51am On Aug 05, 2020 |
Nbotee: Just another lie from the Association of Past/Present Criminals, APC appropriately led by Barawo Bubu, friend of Abacha with LIE Mohammed as spokesman minister. www.nairaland.com/attachments/2593131_capture20150516070937_jpeg0e2b405458ec0cf013c5152373f19a5e www.nairaland.com/attachments/3075524_bubu1_jpeg88275f10f2430d13576e18436b244ea1 www.nairaland.com/attachments/2589504_subsidy2_jpeg57ea79bc1f8758353f00f8db1d53dbf1 4 Likes |
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