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Nairaland Forum / Nairaland / General / Politics / Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ (7545 Views)
Petrol Imports Dropped By 3.58 Billion Litres After Subsidy Removal – FG / Monthly Fuel Consumption Drops By 18.5million Litres After Deregulation – FG / Fuel Scarcity: We Have 2 Billion Litres Available – NNPC (2) (3) (4)
Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by malali: 3:54pm On Oct 01 |
Nigeria has recorded a reduction in petrol importation following the ‘removal of fuel subsidy’ by President Bola Tinubu in May 2023.https://nairametrics.com/2024/10/01/petrol-import-in-nigeria-drops-by-3-58-billion-litres-after-subsidy-removal/ 7 Likes 2 Shares
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Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Biodun556(m): 4:05pm On Oct 01 |
Refineries in Europe and Malta should start bottle water business 22 Likes 1 Share |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Afonjudas: 4:15pm On Oct 01 |
And the burden of the removed subsidy was channeled to the masses via a 700% fuel price increase while Tinubu purchased luxury private jets with the saved trillions. 21 Likes 1 Share |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by CyrusVI(m): 4:18pm On Oct 01 |
Just wow Thought Naysayers said the Govt still pays 1trillion for subsidy, how come this stats and effects say otherwise We should export more next year, while the import keeps dropping. The Nigeria of our dream is almost here 9 Likes 1 Share |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by LordIsaac(m): 4:20pm On Oct 01 |
Reform 1 Like |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by budaatum: 4:53pm On Oct 01 |
Biodun556: Not only Europe and Malta. https://oilprice.com/Energy/Energy-General/Over-20-of-the-Worlds-Oil-Refining-Capacity-Is-at-Risk-of-Closure.html 4 Likes
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Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by femi4: 6:24pm On Oct 01 |
malali:That's insignificant.....so negligible in terms of price of a litre 1 Like |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Cryola: 6:25pm On Oct 01 |
2 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by MichaelSokoto(m): 6:25pm On Oct 01 |
nobody dey drive motor again naa! Thanks to tinubulation! Baba wave balablu magic wand of destruction, evil take over! u wan try? Everywhere quiet & dull. but once once, men dey troway tinz 4 air to liven area up! 9 Likes
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Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by oluwaseyi0: 6:25pm On Oct 01 |
Probably because so many businesses have folded up, so many private cars owner have dropped their car key and sufferings have probably tripled 11 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Brendaniel: 6:26pm On Oct 01 |
It is well |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Kobojunkie: 6:26pm On Oct 01 |
malali:Since the subsidy was removed in May 2023 yet here we are in September 2024, and the subsidy has yet to be removed. No be juju be that! 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 Since Tinubu took office, the price of PMS has continued to go up — a reversal has not occurred — and the purchasing power of the people has been greatly impacted. 😄 8 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by AngelicBeing: 6:26pm On Oct 01 |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by jordyspices: 6:26pm On Oct 01 |
Turkey |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by stagger: 6:28pm On Oct 01 |
Biodun556: They are still in business. All the other figures are fake, inflated, artificially-inflated bloats that were used to collect subsidy on phantom imports. Even now, who can tell us the EXACT amount of crude oil exported daily since 1958? 5 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by ehikwe22: 6:29pm On Oct 01 |
This could also be a sign of reduced economic activities. Civil servants now go to work once or twice a week. Private sector work 3 or 4 times a week. The workforce powers the economy. But atinubu government is deliberately killing the workforce. 10 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Almunjid(m): 6:29pm On Oct 01 |
The news surrounding Nigeria's petroleum industry has become quite perplexing. If Nigeria's fuel import drops by 3.58 billion litres after "Subsidy Removal" as they claimed, how did we manage to meet our domestic needs? Abi na the few drops of fuel from Dangote refinery meet our needs? 1 Like 1 Share |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by ourcrudeoil: 6:30pm On Oct 01 |
Imagination |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Ofunaofu: 6:30pm On Oct 01 |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by NairaMaster1(m): 6:34pm On Oct 01 |
No wonder there's scarcity 1 Like |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by erico2k2(m): 6:35pm On Oct 01 |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by SenecaTheYonger: 6:40pm On Oct 01 |
And still no fuel scarcity… hmm |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by ozo13(m): 6:42pm On Oct 01 |
I have long sold my car since last year .Eno easy to take good care of family and also still take good care of Honda Accord wey dey suck fuel like mad. 1 Like |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by GigFc(m): 6:47pm On Oct 01 |
Shows the economy is slowing greatly. 3 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Dannyset(m): 6:51pm On Oct 01 |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by APOSTLECHUMA: 6:54pm On Oct 01 |
IRAN FIRED HUNDREDS OF BALLISTIC MISSLES AGAINST ISRAEL, NAIRALAND PLEASE UPDATE US. |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Mitsurugi(m): 6:54pm On Oct 01 |
CyrusVI: Reason like an intelligent person ogbeni. We are seeing the real consumption 4 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by CodeTemplarr: 6:55pm On Oct 01 |
Around 10m litre a day. |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Raxxye(m): 6:57pm On Oct 01 |
Hmmmm |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by Meti99(m): 6:59pm On Oct 01 |
BBb |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by 1bunne4lif(m): 7:00pm On Oct 01 |
CyrusVI:how does it better the lives of the average citizen? Why won't it drop, who has money to buy fuel nowadays 4 Likes |
Re: Petrol Import In Nigeria Drops By 3.58 Billion Litres After ‘Subsidy Removal’ by BarrNosaEsq: 7:02pm On Oct 01 |
ehikwe22: 1 Like |
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