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Expect Gains Of Fuel Price Hike In One Month – IPMAN - Politics - Nairaland

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Expect Gains Of Fuel Price Hike In One Month – IPMAN by simongonner: 9:43am On May 19, 2016
…Urges Nigerians to boycott strike action

By Michael Eboh
Independent Marketers Association of Nigeria (IPMAN), yesterday, disclosed that the country would start reaping the benefits of the new pump price of Premium Motor Spirit, PMS, also known as petrol, in less than one month, which might include a reduction in the price of the commodity.

Addressing newsmen in Abuja, President of IPMAN, Mr. Obasi Lawson, also called on Nigerians to ignore those calling for strike action against the hike in the price, stating that the new pump price will liberalize the oil and gas industry and also engender competition which will likely force price reduction of the product.

He called for patience, stating that the new policy would be beneficial to all at the end, stressing that tight as the new pump price may seem, IPMAN was looking forward to a gradual price decrease that will accommodate all stakeholders in the near future.

He, however, called on the Federal Government to release the proposed palliatives as quickly as possible to cushion the effects of the hike.

According to him, initially, the implementation of the policy would cause some form of pains, but in less than one month, Nigerians will start reaping the benefits of the new policy.

Lawson explained that over 7,000 tickets of PMS cargoes worth more than N20 billion, some of which were as old as one year, were tied up in the NNPC system, while he expressed optimism that with the new policy in place, the pending cargoes would b e easily released.

He emphasized that it is pertinent that the market be opened up for other stakeholders, due to the fact that the NNPC cannot meet up with petrol supply requirements in the country.
He said, “The new policy of the Federal Government that effected the change in price of PMS is a welcome development. We members of IPMAN welcome the policy because it is going to bring about total liberalisation and also engender competition in the industry.

“We have also put arrangement in place to import petroleum products so that we can serve our members. The policy is a good development so the issue of strike should be ignored. In fact, we are calling on all our members to go about their normal businesses and keep their petrol stations open.”


http://www.vanguardngr.com/2016/05/expect-gains-fuel-price-hike-one-month-ipman/

2 Likes 1 Share

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Mynd44: 9:44am On May 19, 2016
Thieving charlatans the lot of you are

11 Likes 1 Share

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by LoveMachine(m): 9:48am On May 19, 2016
Mynd44:
Thieving charlatans the lot of you are
I've never seen you comment. I thought you only closed threads. grin

52 Likes 3 Shares

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by 989900B: 10:00am On May 19, 2016
'19' tinz. wink
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Timolanki(m): 10:01am On May 19, 2016
Tell that to d zombies.

7 Likes 1 Share

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Nobody: 10:03am On May 19, 2016
Sai Buhari...this is the best news since the doomed strike shocked

Mynd4 - are you male or female?

2 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by redsconsult(m): 10:06am On May 19, 2016
If you like reduce it to 100 naira all I know is that prices of commodity tbat has flare up will never come down ...

NLC should negotiate for increase in minimum wage not fighting for masses that did not send them message...

18 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by echelons(m): 1:04pm On May 19, 2016
Crap
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Rapzino: 1:04pm On May 19, 2016
Gerara here mehn!!!!!

5 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by DeRoyalFranco(m): 1:05pm On May 19, 2016
Yes... The same way we are expecting the gains of voting APC after one year.

4 Likes 1 Share

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Isoni(m): 1:05pm On May 19, 2016
Mek una chop but remember say awuf dey run belle
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by pabon(m): 1:05pm On May 19, 2016
This is really serious. Don't even know what to say or believe anymore.

So serious that Mynd44 had to comment.

It shall be well

#MadeOfMore!

2 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by olexjay(m): 1:06pm On May 19, 2016
This country don tire me tay tay... I don see baby bath rubber only looking for a big rolling stick I for don sail outta it very long.





In short they should have say "the people in political power should be expecting the gain of removing the fuel subsidy in exclusions of the masses"

1 Like

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Pyno30: 1:06pm On May 19, 2016
The gain will only be in their bank accounts.

1 Like

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by UnknownT: 1:06pm On May 19, 2016
We are yet to see reduction in the price of Diesel oh since it was deregulated . Now we have scarcity of dollars, if new importers now go to the black market to source for dollars, the demand will be much and then the price of dollar will skyrocket and we may end up buying petrol more than the #145

16 Likes 1 Share

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Duharee(f): 1:06pm On May 19, 2016
Just look at you embarassed
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Nobody: 1:07pm On May 19, 2016
cool
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Originality007: 1:07pm On May 19, 2016
LoveMachine:

I've never seen you comment. I thought you only closed threads. grin


thank u oo, the only thing the guy sabi do is to close someones thread

1 Like

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by richidinho(m): 1:07pm On May 19, 2016
Ok
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by AlexCk: 1:08pm On May 19, 2016
Just negodu.

I haf tired jare, Baba God, abeg take over

2 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by ifyloveme(m): 1:08pm On May 19, 2016
babe dont mind FG and promisis, let watch dem..
semiga:
Benefits of hike Gerarehere mehnnnnn
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Originality007: 1:08pm On May 19, 2016
Mynd44:
Thieving charlatans the lot of you are

u no dey comment,d only thing u sabi do is close someones thread
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by agitator: 1:09pm On May 19, 2016
UnknownT:
We are yet to see reduction in the price of Diesel oh since it was deregulated

Same way 9jas have been reaping the benefits of diesel deregulation. grin grin grin
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by meeky007(m): 1:09pm On May 19, 2016
1 MONTH OK NAA 9JA 'RE WATCHN
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by free2ryhme: 1:10pm On May 19, 2016
Mynd44:
Thieving charlatans the lot of you are

so u self fit insult and break rule 2 on nairaland

na wa ooo undecided

2 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by OLUJOSHINS(m): 1:10pm On May 19, 2016
liars.



I place no hope on Ur smooth talk.


Annoying, bribed, unreasonable, inconsiderate, demonic, useless pressure groups

1 Like

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by free2ryhme: 1:11pm On May 19, 2016
hmmmmmm, we are waiting,

Awon Ole

1 Like

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by shehuolayinka(m): 1:12pm On May 19, 2016
The better thing is to keep quiet and let the fools, continuing fooling themselves.
Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Burger01(m): 1:15pm On May 19, 2016
LoveMachine:

I've never seen you comment. I thought you only closed threads. grin
Don't mind him.. He can comment from morning till night and then ban people on top and throw away the key angry

2 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by agitator: 1:15pm On May 19, 2016
redsconsult:
If you like reduce it to 100 naira all I know is that prices of commodity tbat has flare up will never come down ...

NLC should negotiate for increase in minimum wage not fighting for masses that did not send them message...

After increase another foodstuff price hike. You can quote anywhere on that. cool cool cool

2 Likes

Re: Expect Gains Of Fuel Price Hike In One Month – IPMAN by Emeskhalifa(m): 1:15pm On May 19, 2016
LoveMachine:

I've never seen you comment. I thought you only closed threads. grin
bros u no know so d economy dey harsh even for mods too. grin
bros don keep kwayyet so tey e no fit shotopp agaiin grin cheesy

1 Like

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