Topic: Fuel Scarcity Discussion: NNPC sells petrol for N148; private depots, N215+ (Read 747 times)

I hear rumour say Buhari dey do everything possible to make sure Tinubu no take over from am and he dey use frustrating of the country use set the pass. You know Nigeria na party wey dem sabi before Obi come and changed everything. So e belike Buhari dey use this streets use make us hate the APC government entirely. You reason am na, how dem go make everything dis difficult when them know say e go affect their performance for poll.

Even tinubu self know say the current occupant of Aso Rock no like am and his entourage dun make dat comment before, he wasn't their candidate as they wanted a younger person to take over from bubu. The last time self wey tinubu do rally, he threw some shuts at Buhari. If this turns out to be true then maybe Buhari meant well for the country after all.

And according to extra thought of mine this kind of thing fit affect people's voting.
Because you can't expect people to vote you in again, where they suffered in and out during your tenour, for my side now no fuel to buy oo.

I went to delta state last week I no believe say I spend 15k for only transport within the state oo. This shit is just tiring and needs urgent attention and solutions.

Today I was thinking that fuel subsidy would have been removed in Goodluck's time because at that time fuel price #97 per liter so if they removed it by then when fuel price was very low, now fuel price would have #150. Because the marketer would like to increase their prices to to meet up their demand but now that they are selling fu at the rate #300 per liter and fuel subsidy is totally removed then poor business people e no go buy fuel again. And fuel price go reach #700-900 per liter. And the scarcity of fuel go increase more than like this. The marketers are purposely making fuel to be scarce.

Petrol May Hit N800/Litre On Subsidy Removal – Marketers

As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that the cost of the commodity would cross N800/litre once subsidy on PMS is removed.

Industry operators had repeatedly stated that the high cost of subsidy on petrol was a burden on the Nigerian National Petroleum Company Limited and was contributory to the prolonged crisis in the downstream oil sector. NNPC is the sole importer of petrol into Nigeria.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, recently suggested that the government should gradually withdraw subsidy on PMS, stressing that the budgetary allocation for subsidy would end in June.

But oil marketers told our correspondent that while it could be advisable to remove subsidy, Nigerians should know that the cost of petrol could cross N800/litre once the commodity was no longer subsidised.

They urged the Federal Government to ensure that all the necessary measures and infrastructure to ensure a less stressful subsidy removal regime were put in place before implementing the decision.

“If the government fails to take the appropriate measures, and they say they want to remove fuel subsidy, the situation will be worse than this, the masses will suffer. How can you remove subsidy and you don’t have this product (petrol),” the Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, stated.

He added, “If the government removes subsidy, where is the product? If you are removing subsidy, maybe by that time, the way diesel is sold at between N800 – N900/litre, we could be buying petrol at N800/litre, if not more than that.

“This is because the product will be scarce, even from the government cycle. So the government should tell Nigerians the truth about this fuel supply crisis. It is not a problem caused by marketers.”

Shuaibu said oil marketers were ready to sell, stressing that when marketers got products a few weeks ago, the queues disappeared.

“But as it is today, you have black marketers everywhere selling with jerrycans and you will ask, where are the security agencies and the regulators?” he asked.

The IPMAN official added, “By tomorrow they will claim that it is the fault of the marketers. How? We are businessmen and every businessman wants to make a profit. You know the law of supply and demand. When the product is scarce, prices will rise, and vice versa.”
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Yes I think this particular one the government no follow but na the marketers themselves dey run am.

And the scarcity of fuel go increase more than like this. The marketers are purposely making fuel to be scarce.

My brother it is well. People dey talk say January na double month couple with the hike in fuel price come make things dey very hard for the common man.

As I just reach house I just say make I come table my experience again for this thread, first few days back I get my own for N330 but today na N290 for filling stations wey dey my side. True true, this government no try at all. Like with all the surfer dem dun put us through why dem go get add fuel wahala join knowing say that one they cause everywhere to scatter. Now I dey hear say dangote wan commission him refinery and stories dey fry around say na government money dem use build that refinery say no be dangote money and ask usual dem go give dangote all the license to they refine Nigeria oil and na their dem go dey continue their stealing.

Like this na dem dun finally get better office for Nigeria oil head and dem go sabotage any other refinery wey wan come compete with dangote just as dem do with him other competition for block, sugar etc industries dem. See as the richest man for American dey change change hand steadily but for here na dangote dey, from my child birth up till now, now tell me how that nation wan take grow when the power and money dey centralized in one place depriving others the opportunity to grow.

As I just reach house I just say make I come table my experience again for this thread, first few days back I get my own for N330 but today na N290 for filling stations wey dey my side. True true, this government no try at all. Like with all the surfer dem dun put us through why dem go get add fuel wahala join knowing say that one they cause everywhere to scatter. Now I dey hear say dangote wan commission him refinery and stories dey fry around say na government money dem use build that refinery say no be dangote money and ask usual dem go give dangote all the license to they refine Nigeria oil and na their dem go dey continue their stealing.

Like this na dem dun finally get better office for Nigeria oil head and dem go sabotage any other refinery wey wan come compete with dangote just as dem do with him other competition for block, sugar etc industries dem. See as the richest man for American dey change change hand steadily but for here na dangote dey, from my child birth up till now, now tell me how that nation wan take grow when the power and money dey centralized in one place depriving others the opportunity to grow.

Regarding the matter of petrol, I got a litre of petrol today for 350naira and from wetin dey see so e dey be like say the price go hard to return to that 160-180 wey we been dey vex dey buy before. Na 300 a litre nai people dey mostly reason say the price go dey. If you do business in these conditions, now na the best time to adjust the prices of your things because things dey expensive for market and whether or not you dey use fuel directly or not, you go must dey affected.

Regarding the matter of petrol, I got a litre of petrol today for 350naira and from wetin dey see so e dey be like say the price go hard to return to that 160-180 wey we been dey vex dey buy before. Na 300 a litre nai people dey mostly reason say the price go dey. If you do business in these conditions, now na the best time to adjust the prices of your things because things dey expensive for market and whether or not you dey use fuel directly or not, you go must dey affected.

di same game wey dem play with cement wey make cement price dey high like dis wen Dangote take over na wetin dey wan come Carry come for we Petrol matter, so dat all di pipo dem wey don invest moni for Dangote refinary na dem go dey profit 4 dis fuel price hyke matter.

Fuel scarcity is purposely caused by di Nigerians bourgeoisie (capitalists) join with di politicians. Can imagine di conconbility day, Dangote  fuel refinery dat dey were saying dat will reduce fuel scarcity 4 di kwantri, nd wen finally Dangote finished di refinery na out kwantri im dey carry im fuel dey go sell. Dangote fuel e no dey sell in 9ja. But nai imported fuel nai we still dey buy. Nd all dis things wey dey happened like dis, the leaders no fit do anything to help di matter, bcos di bourgeoisie e dey more stronger Dan di kwantri leaders. Bcos na dis capitalists nai dey select who go become di leader in di kwantri