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Nairaland Forum / Nairaland / General / Politics / Subsidy Removal Drags Down Petrol Consumption By 28% (37732 Views)
Salako: Reducing Petrol Consumption, Vehicles On Roads Achievement By Tinubu / NNPC: Subsidy Removal To Reduce Petrol Consumption By 30% / Weak Export Drags Down Nigeria’s Trade Balance By 86% (2) (3) (4)
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Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Dididrumz(m): 10:07pm On Jul 07, 2023 |
Ok |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Nobody: 10:07pm On Jul 07, 2023 |
Imagine being a major oil producer in the world and your citizens cannot afford to buy the petroleum products from that oil, due to unmitigated hardship. Quite sad.. ! E go be! 19 Likes 1 Share |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Successpz: 10:14pm On Jul 07, 2023 |
Assuming you say this during Goodluck Jonathan REGIME, it's would have been Better. All the People You support since I know you as been Disaster in one way or the other. that's how you keep supporting your Darling Daddy for Good 8 years. Am sure you know what the past 8years looks like. post=124281915: 14 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by OmekaguGCFR1: 10:15pm On Jul 07, 2023 |
Lies in the land of descendant of fallen angel (hoduduwah ) it cheap and we buy it at 50/per litre is just that we shout ronu and every thing is settled 1 Like |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by sevo(m): 10:15pm On Jul 07, 2023 |
post=124281915: Suffer no dey tire you...e no dey tire you... Chai!! 20 Likes 4 Shares
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Re: Subsidy Removal Drags Down Petrol Consumption By 28% by sirray001: 10:16pm On Jul 07, 2023 |
ChatterHouse: |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by emma2002(m): 10:18pm On Jul 07, 2023 |
it has not come down enough. Compare the gross revenue is still twice the size before. 66m litres x NGN187 < 48m litres x NGN505 From traffic on the road you can tell... 2 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Zealag(m): 10:19pm On Jul 07, 2023 |
It will soon get to 1% and that 1% will be tinunbu convoy.Me I have park my Lexus es and will continue jumping bike no offense 10 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by STRI1: 10:22pm On Jul 07, 2023 |
That's majorly because of the smugglers in Benin republic, Cameroon and Togo 2 Likes 1 Share |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Gajagojo: 10:23pm On Jul 07, 2023 |
Diggys:Was there any candidate that would not remove subsidy 5 Likes 1 Share |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by FLYFIRE(m): 10:25pm On Jul 07, 2023 |
And the petrol burns like dry leaves 5 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by MrDoGood(m): 10:27pm On Jul 07, 2023 |
Now Our atmosphere is okay. No too much carbon monoxide 1 Like |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Eriokanmi: 10:27pm On Jul 07, 2023 |
Thats not an achievement. It's because the poor people can't afford it. Civil servants parked their vehicles at home, only going to work 3 times a week because their lean salary can't buy fuel at 500 naira a litre. Those defending this madness are the worst hit, unfortunately. They're only suffering and smiling. They've been coming out in groups gradually to attack tinubu over the hardship in the land. This is just the beginning 21 Likes 2 Shares |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Inner19(m): 10:32pm On Jul 07, 2023 |
People are no longer buying petrol for their generator to use like before when there is no light. People are learning to cope. 1 Like |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Menclothing: 10:34pm On Jul 07, 2023 |
We are using gas here |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by JIBO4REAL(m): 10:37pm On Jul 07, 2023 |
BabaCommander: Yes it’s still smuggling to our neighboring country but it’s not more profitable as it’s used to be … |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Teejayadex: 10:38pm On Jul 07, 2023 |
Wealthy Nigerians and investors that are buying drums of fuel for business and lifestyle are japaing, the talika ones that doesn't have Okada or tiger gen are saying it will favor them and their family after voting base on tribalism and hatred 12 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Eriokanmi: 10:41pm On Jul 07, 2023 |
Zupay: |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by rulin247: 10:41pm On Jul 07, 2023 |
Ok |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by zinaunreal(m): 10:43pm On Jul 07, 2023 |
From fry pan to fire 🔥 1 Like |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by olajac: 10:45pm On Jul 07, 2023 |
Ok |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by ollysunmoses: 10:46pm On Jul 07, 2023 |
When the man said"reducing the purchasing power and let widen the tax net" . This is what he meant and there is more coming 5 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by airsaylongcome: 10:52pm On Jul 07, 2023 |
Day169: Lol. Really?! You haven’t noticed a marked reduction in vehicular traffic? 1 Like |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by frowland(m): 10:54pm On Jul 07, 2023 |
God1000: Yes it is 100%. Spending money to ‘burn’ hydrocarbon is waste. It’s like throwing money into fire. Use the money you are supposed to burn 🔥 in your car to better your live instead. Drink 🍺, merry, have fun around your neighborhood. 2 Likes 2 Shares |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by airsaylongcome: 10:55pm On Jul 07, 2023 |
emma2002: Gross revenue does not mean anything without cost price. The petrol stations are in very bad state economically. Make more gross revenue but very scant profit 2 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by NewDea4: 10:56pm On Jul 07, 2023 |
Islie: It's a lie the figures have always been inflated 1 Like |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by KarinaSlim(f): 10:56pm On Jul 07, 2023 |
No wonder I don't hear generator sound again in my area when NEPA takes light. 9 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by Shikena(m): 10:56pm On Jul 07, 2023 |
Approximate population/relative market size of Nigeria vs neighboring countries: Benin Republic: 13m Niger Republic: 27m Chad: 16m Cameroon: 27m Total: 83m Nigeria: 211m Combined total (Nigeria + Neighbours): 294m Nigeria: 72% Neighbours: 28% Shikena! BabaCommander: 4 Likes 2 Shares |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by keymatt(m): 10:56pm On Jul 07, 2023 |
In other words, Nigeria's business environment has shrinked by a whooping 28% just one month after the mandate thief sneeked through the roof into Aso Rock. 🤣 ...but nevertheless, it will still favor me and my family. Sign Agbado. 10 Likes 1 Share
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Re: Subsidy Removal Drags Down Petrol Consumption By 28% by airsaylongcome: 10:57pm On Jul 07, 2023 |
STRI1: Common now! Smuggling was responsible for the 28% reduction? Do you know how many people have stopped purchasing petrol for their cars and generators? 4 Likes |
Re: Subsidy Removal Drags Down Petrol Consumption By 28% by BigIyanga: 10:57pm On Jul 07, 2023 |
So restricted movement of goods and services . An Economy that is dependent on petroleum products for movement of people, goods and services .. is likely going to face some contractionary pressure. 1 Like |
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