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The figures are lower cos they can't pad it anymore, nobody is smuggling Nigerian fuel into neighbouring countries anymore.... That's part of why the figure is lower.

Salewa97:
When is Dangote refinery going to show?

Do you still remember Vision 2020?

Na for only Nigeria "the lower the demand the higher the price" be the case.

B4 nko

Many people don park car for house na.

CodeTemplar:
A meagre 33%.

I laugh at you...
Do you know the implications of, "your meagre 33%," on the economy of Nigeria?
If this should continue for the next 6 to 8 months, then this government will have finally collapse Nigeria.

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NwaNimo1:


https://dailynigerian.com/nigeria-daily-petrol/

The drop is simply because of the ceasation of smuggling n unaffordability by Nigerians, it's not any miraculous economic achievement that calls for celebrations,we should ordinarily be ashamed of our ourselves,but because our leaders are shameless they can make these kind if statements n feel proud.

ImoleNaija:
Traffic congestion is gradually returning to Lagos. It's like many people no longer abandon their vehicles.

About half of the improvement in traffic attributed to subsidy removal was also due to schools being on long vacation from June to September.

False sense of achievement.Raise the price so we can't afford then praise yourself that the consumption is reduced..

Salewa97:
When is Dangote refinery going to show?

It's amusing you people think Dangote refinery will lead to a reduction in pump price of petrol.

Dangote will sell at prevalent market rates, in case you don't know.

He may even sell higher, going by what he did when he entered the cement production business

I think the reduction in consumption is greater than these guys are claiming. They are hiding the real figure for some reason.

Nigerians daily fuel consumption was never up to 66.7m liters.

Simple

Loss of industrialisation and productivity

Wow.
Great achievement.
Illegal smuggling has reduced.

Also public transportation is used more.

It only means one thing. Reduce in productivity.

Closed business, leisure life, hardship and dwindling purchasing power.

Naira is the most poor performing currency in the world even countries that is at war.

MasterJayJay:
People don park their cars na.

I noticed too many cars are up for sale

If subsidy is gone then how comes Dollar is rising up and fuel price still the same

Less cancer cases. It is a good situation after all. Buy bicycles. We will get healthy from this.

It will reduce to 0% soon as generator ruining on water is on the way.Una go drink una fuel with ya fuel generator companies.

The Niger blockade has significantly reduced the quantity being lost through that part of our borders.

Kachidubem:

I noticed too many cars are up for sale

there plenty cars running on batteries in china,bring them on.

Deepthoughts:
The drop is simply because of the ceasation of smuggling n unaffordability by Nigerians, it's not any miraculous economic achievement that calls for celebrations,we should ordinarily be ashamed of our ourselves,but because our leaders are shameless they can make these kind if statements n feel proud.

President Tinubu is doing well,give him some credit and blame your past leaders from 1999 to 2022 who fraudulent kept exposing our crude for outside refinery

YourKarma:

It's amusing you people think Dangote refinery will lead to a reduction in pump price of petrol.

Dangote will sell at prevalent market rates, in case you don't know.

He may even sell higher, going by what he did when he entered the cement production business

But it will lessen the amount we spend on imports which inturn will help save some forex and reduce pressure on the naira.

If the exchange rate goes down, then petrol goes down too since it’s traded in $$.

PARADIZEPRIEST:
President Tinubu is doing well,give him some credit and blame your past leaders from 1999 to 2022 who fraudulent kept exposing our crude for outside refinery

Do you even understand yourself?