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Nairaland Forum / Nairaland / General / Politics / PPMC fixes petrol Ex-Depot price at ₦138.62 per litre (17814 Views)
Import Bill On Used Vehicles Drops 83% To ₦138.62 Billion / 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)
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Pipefitter: 5:51am On Aug 05, 2020 |
Good morning Nigerians. I am a pipe fitter seeking employment opportunity, kindly refer if you know any available positions |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by guru90: 6:15am On Aug 05, 2020 |
Confused Nation without shame........ |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Gkay1(m): 6:23am On Aug 05, 2020 |
soon it will be 200 per liter, we are moving forward |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nobody: 6:26am On Aug 05, 2020 |
The thing Nigerians need to know...so long as government fixes prices of petrol, there is a subsidy. What government does from time to time in the name of 'removing subsidy' is raise the price to a point where they can easily pay a subsidy without running into problems. If the government truly removed subsidy, that ex-depot price would be somewhere around N180 or more, and the price of fuel would be over N200 or more per liter. The truth is, subsidy has to go, so that investors will come in, build more refinereis, and eventually prices fall due to increased production at home. Plus more jobs. |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Davida33333: 6:28am On Aug 05, 2020 |
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by mjabdulk: 6:30am On Aug 05, 2020 |
Yet the cost of living, comodities, and products will remain static. |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Totosweetdie(f): 6:42am On Aug 05, 2020 |
Nemere2020:So filling stations would make ₦5 every litre? 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Wettoid123: 6:55am On Aug 05, 2020 |
this is what Nigerians want cos we voted one of our own out so lets salvage it together petrol #150 to #155 here i come. |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by ejimatic: 7:02am On Aug 05, 2020 |
Nemere2020:. PPMC. and PPRC are government agencies .Nigeria has petrol and the bodies with oversight of the fuel products.Any attempt to increase it even to 150 naira will be resisted by Nigerians for it is an indication of insensitivity and callousness to the increasing plight of Nigerians |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by kaludestiny10(m): 7:03am On Aug 05, 2020 |
Enyimbamercedes:They have gone deaf, dumb and crippled. |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Peacefuluz(f): 7:04am On Aug 05, 2020 |
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by charlsecy(m): 7:05am On Aug 05, 2020 |
Simplyleo:A major aim of an entrepreneur is profit. So you would do differently? 2 Likes |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Unrated900(m): 7:06am On Aug 05, 2020 |
Buhari has failed the country immensely They turned Nigerians To the Law of diminishing returns Useless dullard person |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by adecz: 7:16am On Aug 05, 2020 |
Useless incompetent government!!! |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Yongtillblisz: 7:20am On Aug 05, 2020 |
You talked as if you're not in Nigeria �do you see what is happening in our agriculture, use rice production as an example, if we even have 10 refineries and d price of petrol ever reach 350# as u said naija local refinery can never reduce it a dime, rather they will be pursuing d importers to go so they can do better bussines, u sounds not a Nigerian � pls we need regulations that's the only thing a common man believe he get from our failed govt. quotenister post=92470748] 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![/quote] |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by badoh(m): 7:20am On Aug 05, 2020 |
I knew something must have made some filling stations to shut their entrance. I was going to work this morning in Osogbo with the intention of filling my tank only to realise many filling stations shut their entrance. They will be perfecting plans on how to adjust their pump. This country is another thing entirely. 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by PureGoldh(m): 7:26am On Aug 05, 2020 |
Clueless set of people |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by emmyN(m): 7:38am On Aug 05, 2020 |
masterP042: Honestly. Very soon Nigeria is going to only be seen in the eyes of other nations as a relic, the old world, an artefact 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by chatinent: 7:38am On Aug 05, 2020 |
I look forward to when all these corrupt leaders will be a past tense. |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by wandium: 7:42am On Aug 05, 2020 |
Afolabimills: You are a mumu somebody |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by onyxo76(m): 7:46am On Aug 05, 2020 |
Simplyleo:abi o, i trust bovas sha, they will still use the lower limit 1 Like 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by otokx(m): 7:47am On Aug 05, 2020 |
FELA said it. |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by jeyselassie(m): 7:49am On Aug 05, 2020 |
PrinceOfEast:this guy in this picture resemble marketer with this hin gnld bag |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nobody: 7:52am On Aug 05, 2020 |
magicminister: Good explanation But the problem is, Nigerians see only the high price, not the long term benefits |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Kissiemu(m): 8:01am On Aug 05, 2020 |
For years we dey suffer fuel scarcity everybody dey complain. Abeg make fuel dey even if e cost. I don't want to experience those fuel scarcity years. If you never sleep for fuel station before in your life then you just come of age. Ask Mynd44 him go tell you as e dey go those days. 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Equity15(m): 8:23am On Aug 05, 2020 |
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Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nobody: 8:27am On Aug 05, 2020 |
I swear as mad as they are o Simplyleo: |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by sinistermind(m): 8:37am On Aug 05, 2020 |
Jonathan moved to remove subsidy and this same people in power came at him like a rabid dog. Now they are in the same shoes and knows how it feels. The govt of the day then tried explaining the reason behind the increment but no one would have it. Now this is increasing and no one is gathering in Ojota to shout. We are in for a whole lot of nonsense from this govt. 1 Like |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by masterP042(m): 9:02am On Aug 05, 2020 |
emmyN:Lol. Nigeria has a lot of problems, and we are already overwhelmed. I read about a research on a failed state sometime ago, with Nigeria being the case study.. I couldn't agree less 2 Likes 1 Share |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by Nobody: 10:17am On Aug 05, 2020 |
adioolayi: For an essential commodity? |
Re: PPMC fixes petrol Ex-Depot price at ₦138.62 per litre by galadima77(m): 10:43am On Aug 05, 2020 |
magicminister: The legislooters won't see this post o |
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