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Nairaland Forum / Nairaland / General / Politics / Why Is Kerosene More Expensive Than Petrol ? (28562 Views)
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Re: Why Is Kerosene More Expensive Than Petrol ? by lonelygem(m): 1:44pm On Aug 05, 2022 |
Harrynight: Insecurity has made air transportation the only safer way in our country. Infact, a home that is rated to live on low income budget go extra mile to raise money for flight ticket whenever their children secure NYSC posting. Many politicians are seriously working hard to secure aviation license for airline operation. It is now very competitive and highly profitable. Have you imagined the number of people who vowed never to travel via rail transportation after the last train attack? 1 Like |
Re: Why Is Kerosene More Expensive Than Petrol ? by PharmacyStore: 1:44pm On Aug 05, 2022 |
This is because there's no subsidy on Kerosene |
Re: Why Is Kerosene More Expensive Than Petrol ? by TheMostComplex1: 1:44pm On Aug 05, 2022 |
lonelygem: Thank you for sharing this piece |
Re: Why Is Kerosene More Expensive Than Petrol ? by osazsky(m): 1:45pm On Aug 05, 2022 |
Taigaban:govt subsidize only petrol all other products from crude have been deregularize that's y diesel, kerosene and atk goes for 1k ..also put into consideration that naira has lost power and we buy these products from foreign countries..by Nov when govt stops subsidy on petrol a liter will go for between 1k and 1200..its no longer sustainable...its either we build our refinery or buy at that rate..simple 2 Likes 1 Share |
Re: Why Is Kerosene More Expensive Than Petrol ? by osazsky(m): 1:47pm On Aug 05, 2022 |
naijapikin2:pls dont u will end up in a body bag..petrol is too volatile and it vaporizes rapidly..u wont survive it o.pls dont 1 Like 1 Share |
Re: Why Is Kerosene More Expensive Than Petrol ? by Rilwayne001: 1:47pm On Aug 05, 2022 |
There’s no subsidy on kerosene and diesel. 2 Likes |
Re: Why Is Kerosene More Expensive Than Petrol ? by seunmsg(m): 1:48pm On Aug 05, 2022 |
There is no subsidy on kerosene and diesel. |
Re: Why Is Kerosene More Expensive Than Petrol ? by Femeto: 1:48pm On Aug 05, 2022 |
Adiob200:Kerosene is Similar to aviation fuel.They are very light and can last longer than petrol. |
Re: Why Is Kerosene More Expensive Than Petrol ? by osazsky(m): 1:51pm On Aug 05, 2022 |
Femeto:its subsidy...govt pays subsidy on only petrol...diesel wax kerosene and atk which our planes use are deregularized |
Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 1:52pm On Aug 05, 2022 |
seunmsg: Diesel...yes, no subsidy Petrol....there is a subsidy, otherwise if there was none, we would have joined Ghana, Niger, and Cameroon in paying over N400 for one liter of fuel, plus government would no longer be allocating cash for subsides at all. |
Re: Why Is Kerosene More Expensive Than Petrol ? by osazsky(m): 1:53pm On Aug 05, 2022 |
Femeto:plane uses kerosene at a diff ph...automated turbine kerosene |
Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 1:54pm On Aug 05, 2022 |
grandstar: Truth. But to remove subsidy, and save that money....Nigerians go say no...whether atikulator, obidient or BATified. |
Re: Why Is Kerosene More Expensive Than Petrol ? by seunmsg(m): 1:55pm On Aug 05, 2022 |
twentyfivekobo: I mean kerosene and diesel. 1 Like 1 Share |
Re: Why Is Kerosene More Expensive Than Petrol ? by toprealman: 1:59pm On Aug 05, 2022 |
Adiob200:More market |
Re: Why Is Kerosene More Expensive Than Petrol ? by Taigaban: 2:05pm On Aug 05, 2022 |
osazsky:It is exactly 20 years today in 2002 when we campaign and advocate for deregulation. But government turned deaf ears. Soon the Federal government will no longer be able to pay subvention to states. Monthly revenue allocation to states will soon end. We had advocated for states to become federating units, thus harnessing their resources to take care of her expenses, again they refuse to see. Terrible times ahead. |
Re: Why Is Kerosene More Expensive Than Petrol ? by ufotty2001: 2:07pm On Aug 05, 2022 |
because federal government are yet to remove subsidies on petrol |
Re: Why Is Kerosene More Expensive Than Petrol ? by AbuAeesha: 2:16pm On Aug 05, 2022 |
SlayerofSatan: where is the 60% that use kerosene? lolz the main reason is that petrol is subsidized unless kerosene and diesel. if u don't better go and find out about consumption and production of these petroleum product in nigeria. consumption of petrol is far higher compare to DPK |
Re: Why Is Kerosene More Expensive Than Petrol ? by Nobody: 2:18pm On Aug 05, 2022 |
Taigaban: 1.I think you mean 2012 2.Government past and present have been advocating for deregulation since the 1980's....if not earlier. 3.The reason why it is still there is simple. Deregulation means Nigerians will pay higher for fuel. 4.That's why everytime deregulation has been brought up, Nigerians have always said no. 5.Government from time to time partially removes subsidy...which manifests as an increase in price, and which is why petrol has gone up from 15 kobo in 1981 to N175 today. 6. If states are allowed to 'become federating units'...taxes in most states will shoot up short term....and it is not just Northern states, every Southern state except the South South, Imo and Anambra....will end up exacting higher taxes in the short term As for using resources...it works when the price of the resource you are selling is high enough to sustain your populaiton. Plus, if we want to make a living from either 1.Agriculture...we have to mechanize...and less than 10% of our farms are mechanized. 2.Minerals...the same thing. 3.Concerning one and two...prices can fall...which is why African countries that rely on them are also, like Nigeria, heavily in debt to the IMF and World Bank. 4.The only way states can prosper is for states to become manufacturing hubs...which means removing subsides on power so that electricity supply can attract more investment...meaning we get things like seprate powergrids, and more generation. (Nigerians have said no to deregulating power too). |
Re: Why Is Kerosene More Expensive Than Petrol ? by SouthSouth1914: 2:22pm On Aug 05, 2022 |
Tonytonex: I am sure you don’t even understand what you just wrote! Brainless people everywhere |
Re: Why Is Kerosene More Expensive Than Petrol ? by sanya4good(m): 2:24pm On Aug 05, 2022 |
Kerosene and diesel are more expensive than petrol now because Kerosene and diesel are deregulated (i.e. not subsidised) while petrol is regulated in Nigeria (i.e. subsidised) 1 Like |
Re: Why Is Kerosene More Expensive Than Petrol ? by Abudu2000(m): 2:31pm On Aug 05, 2022 |
twentyfivekobo:trailers used for movement of goods especially food which is even more important for life need diesel to run. 1 Like |
Re: Why Is Kerosene More Expensive Than Petrol ? by rabiudon: 2:58pm On Aug 05, 2022 |
Kerosene is used as substitute for aviation fuel, and the price is unregulated. |
Re: Why Is Kerosene More Expensive Than Petrol ? by Nicepoker(m): 2:59pm On Aug 05, 2022 |
Tonytonex:hmmmm that's the country we see ourselves. 1 Like |
Re: Why Is Kerosene More Expensive Than Petrol ? by 2aces(m): 3:08pm On Aug 05, 2022 |
odaniel1:Am sorry if my comment offended you, maybe you too can educate us more on the topic for better understanding sir. |
Re: Why Is Kerosene More Expensive Than Petrol ? by dominic17: 3:16pm On Aug 05, 2022 |
Because of Buhari disdain for poor masses, Kerosene has always been cheaper than patrol until Buhari took over. |
Re: Why Is Kerosene More Expensive Than Petrol ? by 2aces(m): 3:19pm On Aug 05, 2022 |
SouthSouth1914:For clarity, cost of production involves all the processes a product pass through before it gets to the final consumer, that includes cost of storage. So if you do a little research on production cost on all three popular petroleum fractions, you will find out kero cost more than three times to produce than the closest. |
Re: Why Is Kerosene More Expensive Than Petrol ? by grandstar(m): 3:37pm On Aug 05, 2022 |
twentyfivekobo: You've said the truth 2 Likes |
Re: Why Is Kerosene More Expensive Than Petrol ? by grandstar(m): 3:40pm On Aug 05, 2022 |
SlayerofSatan: It's because it's subsidized. Kerosene and diesel aren't |
Re: Why Is Kerosene More Expensive Than Petrol ? by grandstar(m): 3:40pm On Aug 05, 2022 |
Immatex: Wrong. It's because it's subsidized. Kerosene isn't 1 Like |
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