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FG Permits Oil Marketers To By NNPC, Lift Petrol From Dangote Refinery - Politics (4) - Nairaland 141y2b

FG Permits Oil Marketers To By NNPC, Lift Petrol From Dangote Refinery (18167 Views)

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Almunjid(m): 5:09pm On Oct 11, 2024
NwaNimo1:
Oil.....na curse

Dangote refinery.....na curse

NNPC......na curse

Tinubu......na curse

Nigeria......is cursed!


Nigeria as a country, is not cursed, but rather the people within it are. This raises an important question: what are you doing to change your own situation? If the people are the ones who are cursed, then it's up to each individual to take action and work towards reversing that curse. So, what steps are you taking to improve your circumstances and make a positive impact?

Peace!
NwaNimo1(m): 5:11pm On Oct 11, 2024
Almunjid:

Nigeria as a country, is not cursed, but rather the people within it are. This raises an important question: what are you doing to change your own situation? If the people are the ones who are cursed, then it's up to each individual to take action and work towards reversing that curse. So, what steps are you taking to improve your circumstances and make a positive impact?

Peace!

I'm very very Ok.....

BJanta: 5:20pm On Oct 11, 2024
Ofunaofu:
FG have the power to permit Oil Marketers to by NNPCL but don't have power to fix pump price of petrol

Thunder πŸ”₯ Tinubu

Back to the sender !!!
NewHe: 5:22pm On Oct 11, 2024
Let's see if they're patriotic than NNPCL?
Almunjid(m): 5:24pm On Oct 11, 2024
NwaNimo1:


I'm very very Ok.....

Keep denying it. Wether you like it or not, you've got your share of curse. You better start doing something to reverse it Ooo. grin
ufotunang: 5:27pm On Oct 11, 2024
Ofunaofu:
FG have the power to permit Oil Marketers to by NNPCL but don't have power to fix pump price of petrol

Thunder πŸ”₯ Tinubu
..as oil marketers are now allowed to buy direct from Dangote refinery..oil marketers will fix their own price.. depends on how much they buy it from Dangote refinery
ufotunang: 5:28pm On Oct 11, 2024
This is nice..it will bring competition
Vision101(m): 5:48pm On Oct 11, 2024
Ofunaofu:
FG have the power to permit Oil Marketers to by NNPCL but don't have power to fix pump price of petrol

Thunder πŸ”₯ Tinubu
Fixing pump β›½ price means back to subsidy but asking private marketers to buy PMS directly from private refinery means promoting free market enterprise.

The difficulty is initial high PMS price. The benefits are elimination of corruption in subsidy, improved competition which brings price down and offers higher quality service, more refineries will come on stream, more job availability, savings in fx because of no more importation of petroleum products, energy security etc.
Ofunaofu: 5:59pm On Oct 11, 2024
Vision101:

Fixing pump β›½ price means back to subsidy but asking private marketers to buy PMS directly from private refinery means promoting free market enterprise.

The difficulty is initial high PMS price. The benefits are elimination of corruption in subsidy, improved competition which brings price down and offers higher quality service, more refineries will come on stream, more job availability, savings in fx because of no more importation of petroleum products, energy security etc.

You go explain tire
starz100: 6:00pm On Oct 11, 2024
If this news will not reduce the pump price of petrol,then this news is not worth it
Charly68: 6:58pm On Oct 11, 2024
Tinubu is behaving as if he does not know what he is doing. Too much policy summersault and Nigeria is too big for his economic experiment. The rate of our inflationary growth is alarming and unhealthy . Prices just increase without control just because they want to please their colonial masters . When I saw him jumping to ,I knew they will initiate him to their freemsnson group to pepper this nation
NothingDoMe: 7:37pm On Oct 11, 2024
Voltron007:
They’ll keep posting same news with different captions.
πŸ˜„πŸ˜„πŸ˜„πŸ˜„

1 Like

crazygod(m): 7:44pm On Oct 11, 2024
Emeskhalifa:
What's even the use of NNPC at the first place?
Question is how did NNPC become a limited liability company from a public corporation? Buhari still has a lot to answer. He practically maimed this country.
wolexter(m): 7:45pm On Oct 11, 2024
lexy2014:
if FG is "permitting" marketers to lift from dangote, how then is that deregulation?
So what is deregulation? A free market where FG has no influence' it is. I condemn the price hike but permitting marketers to buy directly from refinery without FG (NNPC) in the equation is a very big step in the right direction.

1 Like

faceland: 7:59pm On Oct 11, 2024
Anyone who believes in Dangote must have short-term memory.
ayindejimmy(m): 8:08pm On Oct 11, 2024
But these fools told us NNPCL is now a private entity which they can't control
ayindejimmy(m): 8:10pm On Oct 11, 2024
wolexter:

So what is deregulation? A free market where FG has no influence' it is. I condemn the price hike but permitting marketers to buy directly from refinery without FG (NNPC) in the equation is a very big step in the right direction.

FG should stop lying to Nigerians that NNPCL is now a private company they cannot influence
lexy2014: 8:40pm On Oct 11, 2024
wolexter:

So what is deregulation? A free market where FG has no influence' it is. I condemn the price hike but permitting marketers to buy directly from refinery without FG (NNPC) in the equation is a very big step in the right direction.

What is permitting?
Newsmills: 10:30pm On Oct 11, 2024
A useless and needless post the minister of finance supervisor crude oil matter when a south-south petroleum minister watched with iration advising southx2 region to be patient with for none functioning of refineries in southx2,adult slaves from masquerading as ministers
commoditiesnig: 11:41pm On Oct 11, 2024
commoditiesnig: 11:45pm On Oct 11, 2024
CommonSense1967:
This should have been the case from the get go.

Once subsidy is removed, competition should be promoted. That's the only way to bring prices down.
Quite true. But the case then was there wasn't a functioning refinery when subsidy was removed.. Now Dangote has started delivery PMS this the best time.

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