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Petrol Price Crashes At Depots Amid Low Demand - Politics (6) - Nairaland

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Re: Petrol Price Crashes At Depots Amid Low Demand by lexy2014: 9:57pm 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

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

Pls why have the prices of diesel and kerosene not fallen all this while?

Can you pls explain how fuel was being smuggled out of Nigeria when it was being "subsidised"?

How are "we seeing the true litre of fuel we are consuming a day"?

What is the "true litre of fuel we are consuming a day"?
Re: Petrol Price Crashes At Depots Amid Low Demand by maasoap(m): 10:05pm 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

Petrol might be smuggled out of Nigeria. Petrol subsidy fraud might be involved before. But the truth is that many private car owners couldn't afford petrol of N500 per litre, hence cars parked for now.
Re: Petrol Price Crashes At Depots Amid Low Demand by BigIyanga: 10:07pm On Jul 01, 2023
taylor89:
E never crash reach my side oo
na bcod u no support APC
Re: Petrol Price Crashes At Depots Amid Low Demand by maasoap(m): 10:09pm On Jul 01, 2023
The major oil marketers of Nigeria recently said consumption of PMS has reduced by 20% from 66 million litre/day to just over 40 ml/d.

Its Executive Secretary, Clement Isong, said adjustment of lifestyle due to increased rates was accountable for the decline in demand.

I thought they said that the consumption reduced because petrol is no longer being smuggled out of the country and no more subsidy fraud claims. Which claim now is increased rates is responsible for decreased consumption?
Re: Petrol Price Crashes At Depots Amid Low Demand by bentenny(m): 10:11pm On Jul 01, 2023
Its currently 580-600 naira per litre at my location
Re: Petrol Price Crashes At Depots Amid Low Demand by erniok(m): 10:13pm On Jul 01, 2023
Parachoco:
So Nigerians we're not Japain when Petrol was subsidize?
They were but it's a mad rush now. You are not in that system so you won't know.
For the record, I'm for subsidy removal but a gradual phase out is what I'm for. Give or take, 1 yr and Nigerians are weaned off subsidy.
Re: Petrol Price Crashes At Depots Amid Low Demand by hush15: 10:22pm On Jul 01, 2023
Re: Petrol Price Crashes At Depots Amid Low Demand by MrBlock: 10:34pm 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

Good things don't come easy.

It's like a fat dude going to the gym to lose weight. In the first few weeks he feels body pains all over and life seams to be hard but after months of consistency, the results become visible and he's excited he went through the hardship in the first place.

Macroeconomic policies take time to yield results. The tilt of an Aeroplane by 1° will have a significant impact on its final destination but to those in the plane the impact isn't visible until the destination is reached.

Relax. This time around, things will be fine.
Re: Petrol Price Crashes At Depots Amid Low Demand by TruthinAction: 10:52pm On Jul 01, 2023
They call this crash. I think the blogger should go back and read English. A slight drop in price cannot be regarded as a crash in price. Maybe, the blogger just wants to trend.
Re: Petrol Price Crashes At Depots Amid Low Demand by AfonjaPriest: 11:28pm On Jul 01, 2023
A hateful individual will use hate to refer to other people as children of hate because they hate to join him in hating the good things of life.
When anybody say, children of hate, it immediately display him or her as lacking in intellect, because the statement is commonplace, hackneyed, worn-out, and terribly overused cliche.
Re: Petrol Price Crashes At Depots Amid Low Demand by Kukutenla: 11:38pm On Jul 01, 2023
Parachoco:
This thread is about how the Price of Petrol have crash at the depot, I don't understand what else you're wailing about

Go through the article again and cure yourself from this foolishness you're drench in

Orchins like you have being screaming petrol will be more than 1k per liter in July, una bitter wish won't come to pass

This retort of yours is bereft of the most basic intelligence. Can you tell me the causative factor for the "drop" in depot price according to the article?

If NNPC who solely imported the stock being reported by the article still maintained its depot price at 479 while the other depots dropped from 500 to 496, is that a reasonable price movement or purely artificially induced?

You're being ripped off by greedy marketers and you're rejoicing that you're being given "change" on the rip off
Shame!
Re: Petrol Price Crashes At Depots Amid Low Demand by FireUpNow(m): 11:39pm On Jul 01, 2023
Until the impact is felt at the filling stations when we buy pms then we will know if this is not fake news
Re: Petrol Price Crashes At Depots Amid Low Demand by ayo2008: 11:41pm On Jul 01, 2023
Tinubu newspaper will Carry this
Not surprised
Re: Petrol Price Crashes At Depots Amid Low Demand by Kukutenla: 11:42pm On Jul 01, 2023
Parachoco:
Show me where you saw this your nonsense in the article
The National Vice President said: “Nobody has imported petrol since the removal of subsidy even NNPC did not import.

“We are all using the old stock.
But I know probably this month there will be new stock if not it may create scarcity.


This shows you did not even read the op before you went on a foolish spree of nonsense writeups about your wish to suffer.
No one cares about your addiction to suffering as long as its from your slave masters. Just don't drag others along with you in your house nigger role.
Re: Petrol Price Crashes At Depots Amid Low Demand by ayo2008: 11:42pm On Jul 01, 2023
Re: Petrol Price Crashes At Depots Amid Low Demand by Kukutenla: 11:51pm On Jul 01, 2023
Ogunleti01:
I think the currently price is meant to reflect future projection
It cannot be. If it be so, it's a cause for worry because it signals a fall in standard of living due to less disposable income. Personally, I fear what will become of Nigerians of this trend continues. I know if families who have had to let go of some savings just to meet up with the new prices induced by this fuel. It's not a good thing as some of these savings would have been used for opening businesses to improve the family's finances but are now being used to survive
Re: Petrol Price Crashes At Depots Amid Low Demand by ebenholer2(m): 11:56pm On Jul 01, 2023
That is the orientation Nigerians need...the are cases u don't necessarily take ur motor out. The supply of electricity is now fairer I beg stop disturbing us with ur generator noise. If u have two family cars, sell the other and let u and ur wife use only one, any occasions she plans going u can jointly go and use a single car.
Re: Petrol Price Crashes At Depots Amid Low Demand by ebenholer2(m): 11:58pm On Jul 01, 2023
Kukutenla:



This shows you did not even read the op before you went on a foolish spree of nonsense writeups about your wish to suffer.
No one cares about your addiction to suffering as long as its from your slave masters. Just don't drag others along with you in your house nigger role.
Why must u folks wail over everything, it is just bewildering.
Re: Petrol Price Crashes At Depots Amid Low Demand by PARADIZEPRIEST: 12:17am On Jul 02, 2023
MAKW UNA EVIL MARKETERS DRINK UNA FUEL. angry
Re: Petrol Price Crashes At Depots Amid Low Demand by PARADIZEPRIEST: 12:18am On Jul 02, 2023
PARADIZEPRIEST:
MAKE UNA EVIL MARKETERS DRINK UNA FUEL. angry
everyone continue to seek solar and alternatives to fuel. angry
Re: Petrol Price Crashes At Depots Amid Low Demand by shonepa(m): 12:23am On Jul 02, 2023
Untill Nigerians understamd say beign a President no be Home Economics.

Peter don brain wash una say things go just automatically go smooth as soon as em enter. As dem don dey refer am as Messiah, em won perform miracle like Jesus. Dey play.

Just One month, i personally know say dis President sabi wetin em dey do. But those wey no understand anything abt government, go start to dey form expert.

Why people fear Jagaban is because hes the real politician, no one come close. I no won call names, but if una try add names, e sure for me, I go yeye the person live.
Re: Petrol Price Crashes At Depots Amid Low Demand by Kukutenla: 12:25am On Jul 02, 2023
Tareq1105:


Ignore them.

Nobody can convince me that we're consuming up to 25m litres per day in this country.

It's all scam.

Trucks that goes out to neighbouring countries are more than what we consume.

These days, you hardly see 10 vehicles in a 20 pump fuel station. I see the attendants sitted by the pumps most times without customers.

We would get there.
Your claim is illogical
Google the number of cars in Nigeria and compare with our neighbours. Multiply it by three at least to get the number of bikes and multiply that by 2 to get the number of gens.
With that, you will know it's practically impossible for us to use less than 50m litres per day and for neighbours to use up to half of our consumption combined.
Besides that, if NNPC claims to release 60m per day, and you say we use less than 25m, that will imply 35m of fuel leaves our borders everyday. Now at 50000 litres capacity, calculate the number of tankers that will cross our borders to neighbouring countries per day and imagine if that's possible
Re: Petrol Price Crashes At Depots Amid Low Demand by Kukutenla: 12:27am On Jul 02, 2023
ebenholer2:

Why must u folks wail over everything, it is just bewildering.

Maybe because you're been subsidised or spoon-fed is the reason why you think wailing over everything is bewildering. If you're taking care of yourself and your family and you see your disposable income dwindle at a geometric rate, you won't be surprised at all
Re: Petrol Price Crashes At Depots Amid Low Demand by Samancious: 1:02am On Jul 02, 2023
We hope for the best.
Re: Petrol Price Crashes At Depots Amid Low Demand by caprini1: 1:35am On Jul 02, 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
Even with the subsidy removal petrol is still been smuggled out.
Re: Petrol Price Crashes At Depots Amid Low Demand by caprini1: 1:42am On Jul 02, 2023
jeff1607:



I thought it's was just me, the rate it evaporates when stored too
Those are the two major things nobody is addressing...1. 95% of petrol stations have altered their pumps ,i did a personal random tests at eight filing stations with a calibrated jerry can,and what they sell per 2 liters is 1.5 litres .

2.The pump price we pay is for super quality petrol ,but we receive here in Nigeria is lowest quality.. Remember the case of the bad fuel, that no importer went to jail for?

Compare the smell and colour of petrol when you were younger to the rubbish we use these days,more over thus rubbish can be refined locally with a modular refinery.

1 Like

Re: Petrol Price Crashes At Depots Amid Low Demand by Desusi: 1:46am On Jul 02, 2023
taylor89:
E never crash reach my side oo
Farabale! E go soon become like ground nuts.
Re: Petrol Price Crashes At Depots Amid Low Demand by seguno2: 2:06am On Jul 02, 2023
JigsawKillah:
Until we know how much we consume, the marketers and the government are all criminals.

What of the masses who allow the government to be there? Are they worse criminals
Re: Petrol Price Crashes At Depots Amid Low Demand by kiwi007: 2:15am On Jul 02, 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

Sir we're not seeing any true litre kankan. Yes you have a fact about exporting already subsidized fuel out of the country but this drop in consumption is due to the fact people dont have enough money to eat again talkless of buying fuel. I now trek to work sir. I'll soon be paying more for light i won't get.... Should i keep counting
Re: Petrol Price Crashes At Depots Amid Low Demand by kiwi007: 2:19am On Jul 02, 2023
lexy2014:


Pls why have the prices of diesel and kerosene not fallen all this while?

Can you pls explain how fuel was being smuggled out of Nigeria when it was being "subsidised"?

How are "we seeing the true litre of fuel we are consuming a day"?

What is the "true litre of fuel we are consuming a day"?
My point exactly brother . See what i have learnt about an average yoruba and Nigeria at large is.... Its all well when you're benefitting but it will only be problem when the bad effect hits you directly.
I remember the thuggery cases in ibadan when i was younger.....
Re: Petrol Price Crashes At Depots Amid Low Demand by lexy2014: 3:11am On Jul 02, 2023
kiwi007:

My point exactly brother . See what i have learnt about an average yoruba and Nigeria at large is.... Its all well when you're benefitting but it will only be problem when the bad effect hits you directly.
I remember the thuggery cases in ibadan when i was younger.....

but are the minions on nairaland who are supporting tinubu gaining anything in particular from him?
Re: Petrol Price Crashes At Depots Amid Low Demand by Nobody: 3:18am On Jul 02, 2023
FreeStuffsNG:
Market forces of demand and supply have set in.
Check my signature for free stuffs!
Shutup!Which market forces? Yeye asslicker.

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