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Petrol Price Crashes At Depots Amid Low Demand - Politics (5) - Nairaland

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Re: Petrol Price Crashes At Depots Amid Low Demand by Judolisco(m): 9:05pm On Jul 01, 2023
obi58:


By now you should know the name of the game.

The petrol marketers will collude to Create false scarcity to force prices up after all the government is not interested in protecting the masses from exploitation. Even with the removal of the subsidy, Petrol marketers are still manipulating their meters and selling adulterated fuel because the government is not interested in checking such unwholesome practices.

I wanted to service my nozzles and what came out looks like water and d mechanic told me exactly wat u said dat they are now selling adulterated fuel... Their plan will fail dis time around... Where is d money to keep buying d fuel at a higher price?

2 Likes

Re: Petrol Price Crashes At Depots Amid Low Demand by tegrianonigltd(m): 9:11pm On Jul 01, 2023
Parachoco:
Nigerians are prepared for this temporary hardship

We will Suffer Today and Enjoy Tomorrow


Born to temporary hardships since 1960 lol, same old same old. Inflation hit Canada, uk etc, they increase minimum wage last year, increase this year, and your stupid senators and president Dey earn pass them ooh, they steal pass them ooh,

Temporary suffer? Says a boy that don’t know how countries like china Singapore etc grew to be powerful economies, UAE, etc, their citizens didn’t temporarily suffer,


Read about DENG of China, LEE of Singapore, etc

Even Paul Kagame

They did not temporary suffer theirs to build a power house.


Be enlightened. How can they be earning more than usa and China senators, president and be talking about temporary suffering


TINUBU GOVERNORSHIP PENSION PACKAGE IS TIMES 2 or 3 of the BRITISH ABD AMERICAN PRESIDENT PENSION.


You want to preach??

2 Likes

Re: Petrol Price Crashes At Depots Amid Low Demand by Ahmeduana(m): 9:11pm On Jul 01, 2023
This people are just naturally born stupid! How can you tell me that 490 something Naira is a crash price? When the cheapest price I bought it last was 190 Naira

1 Like

Re: Petrol Price Crashes At Depots Amid Low Demand by Bigchristo: 9:17pm On Jul 01, 2023
dre11:


https://thenationonlineng.net/petrol-price-crashes-at-depots-amid-low-demand/
Too much dependent on petrol has make the independent marketers act like they’re demigods, if 50% of the users boycott petrol the price will crash naturally nor be person go tell them
Re: Petrol Price Crashes At Depots Amid Low Demand by Akaujaa(m): 9:23pm On Jul 01, 2023
I would have believed the news if it came from another source outside the Nation Newspapers.

1 Like

Re: Petrol Price Crashes At Depots Amid Low Demand by kaywhy09(m): 9:23pm On Jul 01, 2023
Hopefully, they don't create artificial scarcity
Re: Petrol Price Crashes At Depots Amid Low Demand by TheMostComplex1: 9:23pm On Jul 01, 2023
taylor89:
E never crash reach my side oo

Don't mind them. That was the same thing they said about gas but gas is still #800 a litre.

1 Like

Re: Petrol Price Crashes At Depots Amid Low Demand by Johnjustice: 9:29pm On Jul 01, 2023
State and federal government must invest in expanding the power generation capacity, so Nigerians can have 24 hours electricity supply, and government must intervene to make the electricity accessible and affordable, this will further crash fuel price. Low demand brings down price.
Re: Petrol Price Crashes At Depots Amid Low Demand by 9182736455O1999(m): 9:29pm On Jul 01, 2023
CodeTemplar:
The fuel even finishes much faster these days. Some sellers are altering it.
Aswear. E just dey evapourate any how.
Re: Petrol Price Crashes At Depots Amid Low Demand by Shedrack777: 9:29pm On Jul 01, 2023
Parachoco:
E go still fall below 40 million litre/day

Children Of Hate and Bitterness go tell us how the Price of Fuel will be sold for 1k per liter in July

Nah the useless thing you called a father at home that's useless

Some of the fuel were smuggled out of Nigeria when it was subsidize, now that is no more subsidize, we are seeing the true litre of fuel we are consuming a day, but you're here telling me bullshit I no understand.

A lot of Retard like you full Social Media
stop displayin your ignorance for the whole world. i live at the border, petrol smuggling has never cease.
Re: Petrol Price Crashes At Depots Amid Low Demand by Mjshexy(f): 9:31pm On Jul 01, 2023
reiddecuti:


You have been scammed love!
So sad dearie embarassed
Re: Petrol Price Crashes At Depots Amid Low Demand by Parachoco: 9:33pm On Jul 01, 2023
Shedrack777:
stop displayin your ignorance for the whole world. i live at the border, petrol smuggling has never cease.
Who's the ignorant and daft person between you and I?


But common sense suppose tell you say the fuel consumption don low, that means the smuggling activities too don reduce.

The smugglers are already running out of business, is just a matter of time it will totally end
Re: Petrol Price Crashes At Depots Amid Low Demand by erniok(m): 9:34pm On Jul 01, 2023
Parachoco:
Nigerians are prepared for this temporary hardship

We will Suffer Today and Enjoy Tomorrow
Nigerians? Oga speak for yourself.
Re: Petrol Price Crashes At Depots Amid Low Demand by Parachoco: 9:36pm On Jul 01, 2023
erniok:

Nigerians? Oga speak for yourself.
Are you not living in Nigeria? You better go tie your Sokoto and be prepared
Re: Petrol Price Crashes At Depots Amid Low Demand by lexy2014: 9:36pm On Jul 01, 2023
Parachoco:
I do not have the answer to your daft question

Why don't you have the answer? The question is based in this comment

Parachoco:
Nigerians are prepared for this temporary hardship

We will Suffer Today and Enjoy Tomorrow

Is your comment daft?
Re: Petrol Price Crashes At Depots Amid Low Demand by akwarandu(m): 9:40pm On Jul 01, 2023
The Nation and propaganda, how long will this people continue in this their propaganda, may God help his own oo.
Re: Petrol Price Crashes At Depots Amid Low Demand by Shedrack777: 9:40pm On Jul 01, 2023
Parachoco:
I'm not saying it has cease

But common sense suppose tell you say the fuel consumption don low, that means the smuggling activities too don reduce

The smugglers are already running out of business, is just a matter of time it will totally end
unless petrol hits N1,500 per litre, or naira is being exchanged at N200 per dollar, smuggling of petrol won't stop. this, i can confidently tell you
Re: Petrol Price Crashes At Depots Amid Low Demand by DatNaijaGuy: 9:40pm On Jul 01, 2023
StarRiderr:
If I see people writing on this forum with the quote (Children of hate) when it comes to our nation's affairs I begin to imagine are we as a people living in different country because me I'm experiencing more hardship in this present administration than previous one why would someone with a functioning brain and also having same experience with me would keen in defending this administration whenever someone stand to protest the current situation in the country!!! Nawa oooo
Ethno-religious bigotry is the cause. They can drink poison when it served with tribal or religious cup.

1 Like

Re: Petrol Price Crashes At Depots Amid Low Demand by erniok(m): 9:41pm On Jul 01, 2023
Parachoco:
Are you not living in Nigeria? You better go tie your Sokoto and be prepared
You earlier statednigerians are prepared. How? Throwing the citizens under the bus is the preparedness abi. We all know that in this our country, any political officer holder literally gets away with any offence hence the high handedness. In the western world, for instance during covid, we all saw their plans for their citizens but here, even the covid materials donated by private citizens like dangote were looted by the same people that were supposed to look out for us and no one was prosecuted. Even one used it for her birthday gifts. It's really sad.
Re: Petrol Price Crashes At Depots Amid Low Demand by Parachoco: 9:41pm On Jul 01, 2023
Shedrack777:
unless petrol hits N1,500 per litre, or naira is being exchanged at N200 per dollar, smuggling of petrol won't stop. this, i can confidently tell you
I can confidently tell you that you're saying nonsense
Re: Petrol Price Crashes At Depots Amid Low Demand by Parachoco: 9:43pm On Jul 01, 2023
erniok:

You earlier statednigerians are prepared. How? Throwing the citizens under the bus is the preparedness abi. We all know that in this our country, any political officer holder literally gets away with any offence hence the high handedness. In the western world, for instance during covid, we all saw their plans for their citizens but here, even the covid materials donated by private citizens like dangote were looted by the same people that were supposed to look out for us and no one was prosecuted. Even one used it for her birthday gifts. It's really sad.
Before the Presidential Election and before Asiwaju was sworn in, he made it clear that he will remove subsidy and harmonise the exchange rate

So every sane people who have being following Nigeria Politics know we will be where we are now when this Policy kick off
Re: Petrol Price Crashes At Depots Amid Low Demand by Tealcrestmedia(m): 9:45pm On Jul 01, 2023
oloriooko:
in short, you made money selling old stock at new price and this eediot is publicly declaring his criminal act, he should be arrested for making such condemnable statement
and he's succinctly telling nigerians to brace up for another scarcity with the new pump price angry
when shall we get things rite angry

If he sells all his old stock at old price, how will he afford restocking at the new price?
Re: Petrol Price Crashes At Depots Amid Low Demand by lexy2014: 9:46pm On Jul 01, 2023
4TFK:
So,you are not aware the subsidy paid by Buhari in 2023 were paid with loan? Therefore, the petrol at hand might not have been fully subsidized

How much was the loan used to pay for subsidy in 2023?

NNPCL in 2020, said all subsidies had been removed. Which subsisdy were they now using borrowing loan to pay for? grin

Re: Petrol Price Crashes At Depots Amid Low Demand by LONEWOLFJOHN: 9:47pm On Jul 01, 2023
taylor89:
E never crash reach my side oo
Dem don dey lie be that
Re: Petrol Price Crashes At Depots Amid Low Demand by erniok(m): 9:50pm On Jul 01, 2023
Parachoco:
Before the Presidential Election and before Asiwaju was sworn in, he made it clear that he will remove subsidy and harmonise the exchange rate

So every sane people who have being following Nigeria Politics know we will be where we are now when this Policy kick off

Without any cushioning for the adverse effects. You can see why people dey Japa. Over there, policies are well thought out and full implementation would not be immediate giving their citizens time to adjust. Sadly, you are supporting outright madness that keeps throwing more citizens below poverty line. What happens to gradual withdrawal that will have a timeline of max 1 yr. Note some people also supported Nazi Germany when they were the top dog.
Re: Petrol Price Crashes At Depots Amid Low Demand by Shedrack777: 9:50pm On Jul 01, 2023
Parachoco:
I can confidently tell you that you're saying nonsense
lol. i wish these our bulaba was on 1st page, then, you'll realise that you're shying away from the truth.
Re: Petrol Price Crashes At Depots Amid Low Demand by lexy2014: 9:51pm On Jul 01, 2023
Parachoco:
Are you not living in Nigeria? You better go tie your Sokoto and be prepared

But since you are living in Nigeria, why can't you answer the question....

is tinubu part of those suffering today and enjoying tomorrow abi na only you?
Re: Petrol Price Crashes At Depots Amid Low Demand by WAPINATION: 9:52pm On Jul 01, 2023
Parachoco:
E go still fall below 40 million litre/day

Children Of Hate and Bitterness go tell us how the Price of Fuel will be sold for 1k per liter in July

Nah the useless thing you called a father at home that's useless

Some of the fuel were smuggled out of Nigeria when it was subsidize, now that is no more subsidize, we are seeing the true litre of fuel we are consuming a day, but you're here telling me bullshit I no understand.

A lot of Retard like you full Social Media

Bro make una no deh fight and insult una selves here. what you said is right and one of the factor, what he said is also right and one of the factor effecting the recent price crash at depots so why are you guys insulting each other than understanding each other.
Re: Petrol Price Crashes At Depots Amid Low Demand by onuman: 9:53pm On Jul 01, 2023
dre11:


https://thenationonlineng.net/petrol-price-crashes-at-depots-amid-low-demand/

Subsidy politics with suffering of Nigerians depend on Naira value. Naira is almost N1000=£1.
The Naira has had a most disastrous and unprecedented devaluation rate since May 29 2023.
Buhari was afraid of losing election in 2019 and deferred removal of Petroleum subsidy.
He deferred removal of Petroleum subsidy again to June 2023, because of fear of his unpopular APC losing the 2023 election.
APC still lost the presidential election of 2023, except that after voters had cast their votes, INEC officials appointed by the APC saw APC trailing behind, and the INEC officials disabled the password for upload of votes results of the presidential election results on INEC portal.
INEC officials thereafter resorted to the abandoned manual collation of votes and contrived vote figures to announce Tinubu as winner.
They tell the uninitiated that they are allowed by the Constitution to resort to manual collation of votes.
Re: Petrol Price Crashes At Depots Amid Low Demand by Parachoco: 9:55pm On Jul 01, 2023
erniok:

Without any cushioning for the adverse effects. You can see why people dey Japa.
So Nigerians we're not Japain when Petrol was subsidize?
Re: Petrol Price Crashes At Depots Amid Low Demand by Chee59(f): 9:55pm On Jul 01, 2023
You sold old stock at new price for more than a month now.
Nigerians are not good people.

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