Refineries lost n132bn in 2018, says nnpc – politics (3) – nigeria electricity worksheets for 4th grade

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Atiku selling NNPC means we will start buying fuel at 400, between, if someone should say, let’s sell NNPC to a neutral person that has no ties whatsoever to any of these cabals, all of them will immediately say, DONT sell npower gas price per unit NNPC… Look at phcn now, it’s a disaster, nepa is better than wat phcn has become… Stop recycling foolish ediot old men ad politicians una no go listen una go dey follow pdp and apc that has mortgage una future up and down…

If there is anything the cabals are good at, it’s joining hand to reap the masses off… If u ever think healthy competition will come and it will reduce prices, u are simply new to Nigeria gas arkansas… Phcn is an example… The masses are suffering it now… Only way forward? All these old and useless politicians with their offspring must go… The reason why PHCN is not working after privatization has to do with these factors.

2.HOWEVER…investment would pour in. NNPC would attract competitors SINCE under the new deregulation policy, everyone is now allowed to make a profit. (Subsidy means that marketers buy fuel at N165 , sell at N145 and government pays them N20 now which gas jobs pittsburgh is the difference .Profit not made. NNPC now is the one importing fuel…which means NNPC is losing money in essence..which is why there is so much corruption because people want to make money, and gas x chewables reviews subsidy ain’t letting them)

2.HOWEVER…investment would pour in. NNPC would attract competitors SINCE under the new deregulation policy, everyone is now allowed to make a profit. (Subsidy means that marketers buy fuel at N165 , sell at N145 and government pays them N20 now which is the difference .Profit not made. NNPC now is the one importing fuel…which means NNPC is losing money in essence..which is why there is so much corruption because people want to make money, and subsidy ain’t letting them)

Seems u follow f gas regulations ireland too much book in this nation, u don’t wanna admit that intentionally, things are made this way to favour the cabals… Upon all the complains from genco and disco, are they not making profit? Are the ones who truly won bid, the ones operating? If they say, they wanna bp gas prices sell something in Nigeria, it’s because… Some set of people or cabals are about to profit from the nation, doing nothing… U need to study electricity was invented in what year genco issues and discos Re: Refineries Lost N132bn In 2018, Says NNPC by Nodogragra4me( m): 6:45pm On Mar 20

And if you wonder why international price of crude will affect local prices, there is something called opportunity cost. If my local price is too low relative to international price, then rather than sell local I might as well export my petrol, therefore local prices will have to increase to attract supply. Its simple economics. While everything you’ve said is true, the same factors are also in play when it comes to NNPC, which is so poorly run that it destroys more economic value than it provides. There are also opportunity costs to subsidizing loss-making state enterprises, and the result of privatization will be a net gain for Nigerian consumer electricity 1800s welfare, even if international oil prices increase in the future. The fuel shortages and long queues that accompany any hikes in the price of oil have their own opportunity costs in terms of wasted productivity, and the time of most middle-class workers would be better utilized doing their real jobs rather than waiting gas 91 around endlessly for cheap petrol.

It would actually be cheaper and more effective to use the savings from stopping the subsidies to provide direct welfare year 6 electricity unit payments to the very poorest sections of the population, rather than subsidized petrol whose greatest benefits accrue to those who can afford multiple fuel-inefficient cars and gigantic generators. How much petrol does the average subsistence farmer, street hawker or tailor consume, compared to the ogas chauffeured around in Mercedes-Benzes and BMWs?