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OoTheNigerian's profile
Oo Nwoye
Oo Nwoye
Oo Nwoye
@OoTheNigerian

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Oo Nwoye

@OoTheNigerian

Lagos
oonwoye.com
Joined January 2008

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    1. Oo Nwoye‏ @OoTheNigerian 20 Apr 2015
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      Replying to @seyitaylor

      @seyitaylor @Bayobabalola @nonso2 I have a theory "Once a monopoly plays a major part in the chain, market faces will not dictate prices"

      2 replies 0 retweets 0 likes
    2. Nonso Obikili‏ @nonso2 20 Apr 2015
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      Replying to @OoTheNigerian

      @OoTheNigerian @seyitaylor @Bayobabalola but there is no monopoly in the crude oil market. In fact d only part of our crude oil industry 1/

      1 reply 0 retweets 0 likes
    3. Oo Nwoye‏ @OoTheNigerian 20 Apr 2015
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      Replying to @nonso2

      @nonso2 @seyitaylor @Bayobabalola 1. Government owns the monopoly of crude oil. 2. Government gives a monopoly to prospecting companies.

      2 replies 0 retweets 0 likes
    4. Nonso Obikili‏ @nonso2 20 Apr 2015
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      Replying to @OoTheNigerian

      @OoTheNigerian @seyitaylor @Bayobabalola ... People will just import. After all the price is the same irrespective of where you buy it from

      2 replies 0 retweets 0 likes
    5. Oo Nwoye‏ @OoTheNigerian 20 Apr 2015
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      Replying to @nonso2

      @nonso2 @seyitaylor @Bayobabalola ig government owns crude oil, they can sell it below the market to their refineries. No?.

      2 replies 0 retweets 0 likes
    6. Nonso Obikili‏ @nonso2 20 Apr 2015
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      Replying to @OoTheNigerian

      @OoTheNigerian @seyitaylor @Bayobabalola ... greater than the discount.

      2 replies 0 retweets 0 likes
    7. Oo Nwoye‏ @OoTheNigerian 20 Apr 2015
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      Replying to @nonso2

      @nonso2 @seyitaylor @Bayobabalola exactly. So the pros and cons of a low price should be discussed. I am not proposing "fuel must be N20"

      2 replies 0 retweets 0 likes
    8. Nonso Obikili‏ @nonso2 20 Apr 2015
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      Replying to @OoTheNigerian

      @OoTheNigerian @seyitaylor @Bayobabalola market pricing does not mean prices must be high. It means that given enough competition it will...

      1 reply 0 retweets 0 likes
    9. Oo Nwoye‏ @OoTheNigerian 20 Apr 2015
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      Replying to @nonso2

      @nonso2 Yes. It also means you can "rigg it" so prices will be where you want it ot be. e.g 100 refinery licenses @seyitaylor @Bayobabalola

      1 reply 0 retweets 0 likes
    10. Nonso Obikili‏ @nonso2 20 Apr 2015
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      Replying to @OoTheNigerian

      @OoTheNigerian @seyitaylor @Bayobabalola again... not a problem with the market but a problem with the govt.

      1 reply 0 retweets 0 likes
      Oo Nwoye‏ @OoTheNigerian 20 Apr 2015
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      Replying to @nonso2

      @nonso2 So who would set the guidelines that could "help" lower prices. Government? Yes? @seyitaylor @Bayobabalola

      11:52 PM - 20 Apr 2015
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Nonso Obikili‏ @nonso2 20 Apr 2015
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          Replying to @OoTheNigerian

          @OoTheNigerian @seyitaylor @Bayobabalola our good friend demand and supply....and of course availability of crude oil and alternatives.

          3 replies 0 retweets 0 likes
        2. Oo Nwoye‏ @OoTheNigerian 21 Apr 2015
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          Replying to @nonso2

          @nonso2 pricing solely at the beck of those motivated by profits only. Oya, make we go work. @seyitaylor @Bayobabalola

          1 reply 0 retweets 0 likes
        3. 13 more replies

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