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Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH - Politics (5) - Nairaland

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Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Geds: 2:22pm On Apr 05, 2016
I think NLC should add a bit of pressure to the pot by declaring an indefinite strike action. They need to seek an effective minimum wage increase by at least 50%, since the exchange rate, power situation and fuel situation has effectively reduced the purchasing power of Nigerians. Maybe, if the workforce fights back, the government will realise how desperate the situation is.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Lovelynature(m): 2:26pm On Apr 05, 2016
Pidggin:
The president will soon travel to China, he has no time to listen to our complaints
yeah, and when he returns he would blame both the past leaders, past led and even the Naija ancestors for his incompetence. Excuses, they say, are nails that construct house of failure. The old man actually has nothing to offer. To blame and blame is his way of covering up his cluelessness, and that is the best he can do aside travelling around the world. Until him and his zombies stop seeing themselves as saints and start seeing and pointing out their own faults and incompetence, they can't lead the masses aright. And that, they ain't even ready to admit though they know they are very clueless and incompetent.

Nigerians have been scammed by the demonic APC party

1 Like

Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by InvertedHammer: 2:30pm On Apr 05, 2016
/
Pictures like this make my day.

Those praying for Buhari to fail, this is just a tip of an icerberg. Other than "bitching" what else is in it for you? Suffering. Yep! Buhari was in Washington drinking champagne while your skin was getting roasted in a gas station somewhere.

Some Nigerians are not even concerned about their welfare. They still think this is Buhari vs. Jonathan affair. Talk about people that deserve no sympathy. Let the suffering continue.
\

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Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 2:58pm On Apr 05, 2016
Bollinger:


I seriously don't understand why you all keep blaming government when the fault lies with every single Nigerian. For one, you all keep voting the same kind of people into leadership positions and then complain later. The definition of stupidity is doing the same thing over and over again while expecting a different outcome. These guys didn't just fall from the moon. You all put them there. Then there is the problem of mentality. You people don't respect structures or have a maintenance culture. Nigeria cannot maintain a university hostel and yet they expect to maintain a flow of fuel supply. Ok. Good luck with that.
(open eyes wide) really? e mean Say as I no vote anybody I d blameless.
I Think it's time baba presido forfeits the leadership of our petroleum industry to some one qualified .if things move on like this, candles and firewood would soon experience a bastardious increase in price -oh wait I forgot we import candles.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Barcholder: 3:04pm On Apr 05, 2016
Guys, once and for all, save yourself the extreme stress and suffering of this ridiculous queuing for fuel to power your generators.

Get Pay As You Go Solar System today, and you will immediately have 24 hours light and not stress yourself anymore. For the price of as little as N350 per day, you can get 24 hours power for your basic appliances.

I want you to consider this - whilst the suffering is great on the majority of Nigerians are suffering badly right now, please also know that not everyone is suffering right now. I can tell you that there are people in this country enjoying 24 hours power from the sun as we speak. Educate yourselves on Solar Energy, and if you are interested, please contact me.

Regards

Uvie
Founder & CEO
Solynta Energy
uvie.ugono@solynta.com.ng

0909 894 4693
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 3:04pm On Apr 05, 2016
I am one of those who blames PDP for the current scarcity for the following reasons

1.PDP did not build any new refienries, or start the process to build new refineries in the last 16 years (Except for Gov Attah of Akwa Ibom's refinery which turned out to be on the drawing board).

Now...even at full capacity...we can only produce 17 million out of the 43 million liters of PMS needed daily.

2.PDP also refused to be bold enough to remove fuel subsidy. Even after GEJ saw how much he saved from a partial removal...he decided to leave it at that. ....because politics. (Wise decisions are not the popular decisions).

3.PDP also left the mess that was the NNPC alone. NNPC was not remitting funds, and was badly running our refineries(it goes back over twenty years...so not entirely PDP's fault). Now...our refineries are in a big mess..and it is going to take years to fix them.

I know Buhari is travelling around too much, and all that....but after reading the critiques by all of the anti-APCites here....I have yet to see anyone of them advocate a solution. They all want the government out because they feel that GEJ was sabotaged.

But let us be real. Refineries are not built in ten months. Repairing our current refineries is going to take years...and we also have to get rid of the corrupt mentality in the NNPC. And the plausible solution of deregulation is opposed by all Nigerians....including PMB's opponents.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 3:11pm On Apr 05, 2016
Geds:
I think NLC should add a bit of pressure to the pot by declaring an indefinite strike action. They need to seek an effective minimum wage increase by at least 50%, since the exchange rate, power situation and fuel situation has effectively reduced the purchasing power of Nigerians. Maybe, if the workforce fights back, the government will realise how desperate the situation is.

And you and i know that the only solution right now is deregulation.(We also need new refineries....but that is going to take years).

Which NLC opposes......with all its might.

Infact, I am not surprised NLC is not going on strike yet.

Deregulation would end the scarcity....because it would allow marketers to fix their prices ,make a profit, and have the right amount of naira to get dollars from the parallel market to import.

But it means high oil prices...from N150 per liter and above.

NLC is between the devil and the deep blue sea. Going on strike was easy in 2012 because we had the cash to pay for subsidy. Now we don't.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 3:12pm On Apr 05, 2016
Lovelynature:
yeah, and when he returns he would blame both the past leaders, past led and even the Naija ancestors for his incompetence. Excuses, they say, are nails that construct house of failure. The old man actually has nothing to offer. To blame and blame is his way of covering up his cluelessness, and that is the best he can do aside travelling around the world. Until him and his zombies stop seeing themselves as saints and start seeing and pointing out their own faults and incompetence, they can't lead the masses aright. And that, they ain't even ready to admit though they know they are very clueless and incompetent.

Nigerians have been scammed by the demonic APC party

So...what alternatives do you have in mind?

How do we end the fuel scarcity if you were in charge.?
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 3:15pm On Apr 05, 2016
persius555:
Shut up. PDP is the worst thing that happened to our democracy, APC is second.
pouring the contents of a beer bottle into a soft drink bottle doesn't make the aforementioned content a soft drink. like 2pac said guns don't kill people but rather, people kill people. Nigeria wasn't ruined by PDP and Nigeria won't be ruined by APC but rather, by the individuals pioneering them. the ability for change doesn't lay on our leaders but, rather on we the citizens. when we realize this and the fact that our votes aren't for Gej, pmb, PDP,and APC but rather for ourselves-present and for posterity then, their would be change

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Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Moneyyy: 3:19pm On Apr 05, 2016
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 3:32pm On Apr 05, 2016
Quakertellicus1:
I am one of those who blames PDP for the current scarcity for the following reasons

1.PDP did not build any new refienries, or start the process to build new refineries in the last 16 years (Except for Gov Attah of Akwa Ibom's refinery which turned out to be on the drawing board).

Now...even at full capacity...we can only produce 17 million out of the 43 million liters of PMS needed daily.

2.PDP also refused to be bold enough to remove fuel subsidy. Even after GEJ saw how much he saved from a partial removal...he decided to leave it at that. ....because politics. (Wise decisions are not the popular decisions).

3.PDP also left the mess that was the NNPC alone. NNPC was not remitting funds, and was badly running our refineries(it goes back over twenty years...so not entirely PDP's fault). Now...our refineries are in a big mess..and it is going to take years to fix them.

I know Buhari is travelling around too much, and all that....but after reading the critiques by all of the anti-APCites here....I have yet to see anyone of them advocate a solution. They all want the government out because they feel that GEJ was sabotaged.

But let us be real. Refineries are not built in ten months. Repairing our current refineries is going to take years...and we also have to get rid of the corrupt mentality in the NNPC. And the plausible solution of deregulation is opposed by all Nigerians....including PMB's opponents.
1)where is the wisdom in building new refineries when existing ones are non operational?
2)most Nigerians including the Senate kicked against subsidy removal aided by the misinformation campaign of a clique
3)ur only valid point
this present administration is being judged by their campaign manifesto and promises using the tool made popular by them(social media)
by the way, deregulation isn't opposed by all Nigerians. I for one would love that and even suggest privatisation fully or remotely our air and sea ports
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by pyxon(m): 3:38pm On Apr 05, 2016
Deen77:

You are bless, importing fuel for 16 good years without looking inward for local refining.

You can run a country with importation, it kill d economy, essential commodities for that matter. Now the Oil boom is over, no money to pay trillion subsidies, not to talk of dollar for importation to open an LC.

Can PDP tell us while they keep importing fuel for 16 years without producing locally, an Oil producing nation that cannot refine for local consumption.


Ask Yoloba lord Obj, he ruled for 8 out of the 16 yrs pdp was in charge
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Bollinger(m): 3:42pm On Apr 05, 2016
eduj:

(open eyes wide) really? e mean Say as I no vote anybody I d blameless.
I Think it's time baba presido forfeits the leadership of our petroleum industry to some one qualified .if things move on like this, candles and firewood would soon experience a bastardious increase in price -oh wait I forgot we import candles.

This is exactly my point. The problems leading to fuel scarcity didn't just start today. It has bee going on since the 80's. It means Nigeria has a maintenance problem. Blaming Buhari is nonsensical.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by luvinhubby(m): 4:05pm On Apr 05, 2016
Kay17:


The real price prior to now was 86+x. X being the difference the govt subsidies for each litre. With the forex dramatic double cost, the real cost will be at least 2(86+x). Unfortunately I'm too lazy to find the actual costs. But that's just a rough calculation.

Wrong!

86 is pump price, landing cost is 76, so the max fuel can go at is 160 max.
And why did Buhari stop crude swap & sale of forex to fuel importers by CBN simulteneously without any option when he knows that local production can only meet 35% of local consumption at maximum output if he is not stewpid.
Even if he wants to stop CBN forex sales, why stop crude swap when you do not have local refining capacity, every organisation engages in barter agreement.

Buhari is dumb.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by caprini1: 4:13pm On Apr 05, 2016
So nobody has started selling horses on NL?.....grin

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Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 4:29pm On Apr 05, 2016
luvinhubby:


Wrong!

86 is pump price, landing cost is 76, so the max fuel can go at is 160 max.
[b] And why did Buhari stop crude swap & sale of forex to fuel importers by CBN simulteneously without any option when he knows that local production can only meet 35% of local consumption at maximum output if he is not stewpid.
E[/b]ven if he wants to stop CBN forex sales, why stop crude swap when you do not have local refining capacity, every organisation engages in barter agreement.

Buhari is dumb.

Because of the scams going on in the inport business re subsidy...where people collect dollars for fuel they did not import.

Deregulation is the answer.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by luvinhubby(m): 4:34pm On Apr 05, 2016
Quakertellicus1:


Because of the scams going on in the inport business re subsidy...where people collect dollars for fuel they did not import.

Deregulation is the answer.

And what is stopping the gap toothed herdsman from Daura deregulating instead of strangulating the whole sector.

Buhari is dumb & APC is a scam.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by macof(m): 5:35pm On Apr 05, 2016
persius555:
Shut up. PDP is the worst thing that happened to our democracy, APC is second.

okay. . but the history of governance in Nigeria is beyond democracy
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Nobody: 5:48pm On Apr 05, 2016
luvinhubby:


And what is stopping the gap toothed herdsman from Daura deregulating instead of strangulating the whole sector.

Buhari is dumb & APC is a scam.

Most Nigerians think that fuel prices must be kept low.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Kay17: 6:34pm On Apr 05, 2016
luvinhubby:


Wrong!

86 is pump price, landing cost is 76, so the max fuel can go at is 160 max.
And why did Buhari stop crude swap & sale of forex to fuel importers by CBN simulteneously without any option when he knows that local production can only meet 35% of local consumption at maximum output if he is not stewpid.
Even if he wants to stop CBN forex sales, why stop crude swap when you do not have local refining capacity, every organisation engages in barter agreement.

Buhari is dumb.

Wasn't that the cost before the absurd cost of forex? What about right now with the forex cost? OR you want to drain all of Nigeria's FX reserve on refined oil?!

Besides what's the value of crude oil that it can be swapped for refined oil of the same value?! Either you are swapping the oil or selling it in exchange for dollars and then spending the dollars on refined oil, is about the same. Crude oil swaps are not miracles that solve decades of decay.

There are some problems with painful solutions.
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by luvinhubby(m): 7:07pm On Apr 05, 2016
Kay17:


Wasn't that the cost before the absurd cost of forex? What about right now with the forex cost? OR you want to drain all of Nigeria's FX reserve on refined oil?!

Besides what's the value of crude oil that it can be swapped for refined oil of the same value?! Either you are swapping the oil or selling it in exchange for dollars and then spending the dollars on refined oil, is about the same. Crude oil swaps are not miracles that solve decades of decay.

There are some problems with painful solutions.

And you do not know that a certain percentage of our local crude oil production is set aside during budgetting for local refining that the refinaries cannot exhaust, this is swapped for refined petroleum products.
Why did Buhari stop the swap?
Re: Fuel Scarcity Paralyses Lagos, Other Major Cities -PUNCH by Kay17: 10:16am On Apr 06, 2016
luvinhubby:


And you do not know that a certain percentage of our local crude oil production is set aside during budgetting for local refining that the refinaries cannot exhaust, this is swapped for refined petroleum products.
Why did Buhari stop the swap?

Wouldn't the supposed percentage increase to meet the value of refined oil?

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