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Nairaland Forum / Nairaland / General / Travel / Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price (24760 Views)
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Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by HomorBj(m): 2:23pm On Jun 07, 2023 |
God bless him,Nigeria at this point needs more generous and emphatic individuals to step up and support the government efforts. |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by bdon123(m): 2:27pm On Jun 07, 2023 |
AnonPoet:Dem try o |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by SmartyPants(m): 2:32pm On Jun 07, 2023 |
greatiyk4u: That's a healthy gross profit margin but you haven't factored other business costs. Salaries and overheads, maintenance costs etc. 5 Likes 1 Share |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by ifeco4(m): 2:47pm On Jun 07, 2023 |
HacheNoire: You people will never be satisfied. Making mad profit as if he is the only one into the business. 2 Likes |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by InvertedHammer: 2:47pm On Jun 07, 2023 |
/ He will kill the competition with turnover. / |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by thegooddieyoung: 2:54pm On Jun 07, 2023 |
Reminds me of what Dangote did with Cement price. Dude dropped price and forced lots of competitors out. Afterwards, Baba jack up price to high heavens. PMT Onyishi wants to play a fast one on everyone AnonPoet: |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by edungene7: 2:54pm On Jun 07, 2023 |
business strategy 101 bring in enough customers keep them with the old price and get the innoson fleet of buses that uses gas and continue to cash out 1 Like |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by JayArmaniGozman: 3:07pm On Jun 07, 2023 |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by HacheNoire: 3:09pm On Jun 07, 2023 |
ifeco4: Is he running the business at a loss? He only accepted a cut in his profit which is commendable, and does not change my earlier statement. |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Osidoshit(m): 3:19pm On Jun 07, 2023 |
Big lies...go to the pack at akpakpava road in benin city of EDO state and see if they have not changed their prices.. comfirm before u commend
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Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by vertueptime: 3:20pm On Jun 07, 2023 |
Nbote: Make the name , get customers, then increase Price 1 Like |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by IamR: 3:25pm On Jun 07, 2023 |
JayArmaniGozman:Awka, Utako and Iyana Ipaja |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Babastrong(m): 3:41pm On Jun 07, 2023 |
Market#strategy.
anyway,#it#a#win-win. |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by juman(m): 3:42pm On Jun 07, 2023 |
Mere advert. Cannot do it for weeks. But its sustainable if he get another source of income where he gets easy money to sustain it. |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by kevwemike: 3:53pm On Jun 07, 2023 |
Na so, them dey find who Dem wan kill again |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Uchedizzy(f): 4:08pm On Jun 07, 2023 |
I cant use PMT |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Carlyboi(m): 4:12pm On Jun 07, 2023 |
This is very impressive and thoughtful kudos to the chairman/ceo of this company. |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by 8stargeneral: 4:15pm On Jun 07, 2023 |
Igbos to the world Nsukka to the world Nigeria shall be great again if we all join hand together |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Parachoko: 4:16pm On Jun 07, 2023 |
Hespee93:They are not affected by fuel subsidy removal be that. |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Parachoko: 4:18pm On Jun 07, 2023 |
juman:Even if he will increase price, it should not be more than 20% because his buses are running on Diesel 1 Like |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by TruthinAction: 4:26pm On Jun 07, 2023 |
HacheNoire: Transportation business is a very profitable one. It's just that the initial cost of taking off is high. He did well by not increasing transport cost. It's not about making mad profit. If you put maintenance costs and the costs of paying drivers, the profit is low. It's only big because of the number of buses. He will still make profit but much less. But if the other transporters increase theirs, he will have more customers. 1 Like |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by seborrhic: 4:38pm On Jun 07, 2023 |
Blaze14k:50k transport by road! Fear God or read the topic well if comprehension is a problem to you! |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by LordErrk: 4:43pm On Jun 07, 2023 |
HarunaWest: You get am. For road na peace mass you go dey see for inside bush, you go see them under trailer, dem even dey catch fire. There's no accident wey peace mass never get. God is good remains the best |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by seborrhic: 4:43pm On Jun 07, 2023 |
Osidoshit:Same thing said by 2 or more other posters here. For them to have now come out to lie about it or are not aware of what their park managers have done,is not only deceptive,but f oolishness by trying to hoodwink the public. 1 Like |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Blaze14k: 5:01pm On Jun 07, 2023 |
seborrhic: Those are the kind of topic apc zombies like to hear from igbos |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Nonywendy(m): 5:02pm On Jun 07, 2023 |
Houseofglam7:u just enter nairaland to type rubbish |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by HacheNoire: 5:13pm On Jun 07, 2023 |
TruthinAction: You said it all. 1 Like |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by Masterito(m): 5:54pm On Jun 07, 2023 |
See your reasoning. It is his choice to assist. Profit dey tire person? HacheNoire: |
Re: Peace Mass Transit Says Bus Fares Will Not Be Increased Despite Fuel Price by correctyourself(m): 6:10pm On Jun 07, 2023 |
HacheNoire: Your submission may not be true, it could be business strategy, the lower the price the more people want to travel. |
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