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How Does The L.p.o. Work - Business - Nairaland

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How Does The L.p.o. Work by bellomatic(m): 1:50pm On Sep 19, 2009
pls can any one in the house help me on information on how an L.P.O. work in oil business and how to get one.
Re: How Does The L.p.o. Work by unclejojo(m): 8:39pm On Sep 20, 2009
I have an LPO to sell,The LPO is for the supply of 5trucks LPFO,If you are interested pls bip me.dokonma_nig@yahoo.com
Re: How Does The L.p.o. Work by stagger: 11:35am On Sep 21, 2009
what price is the supply going for? Instead of "selling the LPO" (that option will not work), why don't you get it across to me. If it is real I will handle it and give you a 30% commission.

I am assuming the payout is "cash on delivery" or at least 3 working days post delivery, fully-endorsed buy the bank manager of the bank where the buyer's account is domiciled (so we know whom to hold responsible if payment is delayed).

Reply to the email I will send you or I will assume you are one of the numerous jokers/fake facilitators we are trying to weed out here.
Re: How Does The L.p.o. Work by unclejojo(m): 3:03pm On Sep 21, 2009
I did not recieve any email from you,My email is dokonma_nig@yahoo.com pls you should know that i am not a joker i got the LPO issued to my company directly,but for payment duration i cant gurantee u 2weeks after delivery it 3week after deliver that the payment will be made from the company here in lagos

If you are interested pls send me a mail or call me on 08064624882.

Even i have another company that want to issue an LPO of 10-20 trucks LPFO supply to calaba but the payment method is a post dated chaque or if you want a bank gurantee they are ready to issue it also and if we work together i'll use your company name to raise the LPO and the payment will be made to you directly ,the payment duration for this is 2week they are multinational company.I can give all details on this on resumtion of a business week on wednesday.

Regards
Re: How Does The L.p.o. Work by unclejojo(m): 3:49pm On Sep 21, 2009
@staggar

i will agree on 50%
Re: How Does The L.p.o. Work by stagger: 11:20am On Sep 22, 2009
Mmmm. I like the spirit in your posts. I actually tried to send the email but it was bounced. Maybe server problem. The problem here is that we are gradually running away from LPOs where payout is more than one week. Again, if it has to be financed by me, it has to be raised in our company name.

Based on this, I can go with your second proposal for the LPFO supply to Calabar to be raised in our company name. But the maximum I can offer you is 40% (after all logistci expenses have been taken care of). These are jobs that will keep coming to keep money in our pocket so there is no point trying to hit a homerun on one job with 50%.

I will re-send the email now.
Re: How Does The L.p.o. Work by iggaman: 9:26pm On Mar 24, 2017
There is NNPC LPO for black oil ( LPFO) 2 trucks at warri then 4 trucks at Ph. 45,000 litres each truck. buyer will raise draft to pay NNPC then pay Allottee (seller) agreed difference. Call for more info
on 08077757207 or 08182151638 email address okeyukuta1@gmail.com, the Glo number is my watsapp number too.

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