₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,329,931 members, 8,443,031 topics. Date: Saturday, 11 July 2026 at 04:41 AM

Toggle theme

Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsFuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost (19802 Views)

1 2 3 4 5 6 Reply (Go Down)

Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by complet: 12:17pm On Oct 27, 2024
Awon barawo, very good, they shld import CNG CARS AND ELECTRIC CARS AT CHEAPEST RATE, WE WILL BUY, GOD SAVE US IN NIGERIA
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Zico5(m): 12:18pm On Oct 27, 2024
Ok
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Lavor234: 12:18pm On Oct 27, 2024
NA STATISTICS WE GO CHOP?
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Ringstonermask: 12:18pm On Oct 27, 2024
Dangote wealth don triple... e dey news sef

Where u think say dat money dey come from ?
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by kedeojo(m): 12:18pm On Oct 27, 2024
helinues:
You want to smuggle gas with a Jeri can?
Good question, some people reasons before they think.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by ivandragon: 12:19pm On Oct 27, 2024
Feldie:
smuggling will always exist as long as Naira is trash. Even rice and groundnuts are being smuggled. Unless the government fix the currency, why should you sell for useless Naira when you can earn foreign currency, convert to Naira and have more money? Some will say it's unpatriotic. The politicians looting and stashing /buying properties abroad instead of creating small industries here with their stolen funds and employ people, how patriotic are they? The president going abroad to rest, how patriotic is he? Which foreign president has ever come here for rest?
80% of the people supporting apc lack common sense and just swallow every trash, propaganda and lie to support what they do not understand.

19% are beneficiaries of the twisted system operated by apc. They understand that the policies are haphazardly implemented and the socio-economic fabric of the country has been torn, but they are the chosen few who prosper on the agony and suffering of the masses.

The remaining 1% are the powerbrokers. They control the narrative. They hide thier incompetence and greed behind deceptive people oriented policies.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Ringstonermask: 12:20pm On Oct 27, 2024
Fuel is 1,150 in Abuja... stop saying 1000
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by omenka1: 12:20pm On Oct 27, 2024
What Tinubu cannot destroy does not exist
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Watcharena: 12:20pm On Oct 27, 2024
T pain to the world, if he attack from one angle another problem will come out from the opposite angle
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by CommonSense1967: 12:22pm On Oct 27, 2024
helinues:
You want to smuggle gas with a Jeri can?
grin grin grin
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by ednut1(m): 12:22pm On Oct 27, 2024
Imagine the loans some took to build fuel stations 😪
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by DelilahMakinde(f): 12:24pm On Oct 27, 2024
Lamashtu:
Good
Their plan backfired
Who's plan exactly ?
The CNG people are winning the war against pms .
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Dtruthspeaker: 12:25pm On Oct 27, 2024
Time to return to village mode and letter writing and using donleys, horses, cows as vehicles.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by CodeTemplarr: 12:26pm On Oct 27, 2024
Okoroawusa:
60m litres? You obviously didn't read the article
i did. Did all the stations shutdown at same time?
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by bixton(m): 12:26pm On Oct 27, 2024
iwaeda:
https://punchng.com/fuel-consumption-10000-marketers-may-shut-down-over-massive-drop-high-cost/
Nonsense sets of people.
Are they shutting down because of the high price of fuel or low consumption by consumers or depleted capital?
Which exactly is it because it can't be all three of it except they are clearly mischievous.......

I wonder why they are going to meet PBAT for such funds did they not have insurance in their business against such and what have they been doing with their profits over the years?

What happened to those of them who we were told have stopped carrying petrol and diesel and have converted their trucks to carry gas?
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by diamond68: 12:27pm On Oct 27, 2024
me i done park car. nothing concern me with fuel. korope lekki to VI is only 300 naira. naija is still very cheap if you dont drive
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Roger3D(m):
Seefinish:
Goodnews. Fuel stations managers and attendants who used to caused us to queue for hours can now queue for for another jobs
Do you have any idea about how bad this news is? Most SMEs use petrol or diesel to run their businesses. The drop in patronage means more people who depend on these businesses are now out of work and have lost a means of living.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by eepeepook: 12:29pm On Oct 27, 2024
Time to focus on resources other than petroleum. This is a good development.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by sonssyo(f): 12:29pm On Oct 27, 2024
Newyorkitis:
We cannot lie to ourselves, the demerits of the removal of fuel subsidy outweighs a thousand folds the merits of its removal.
Don't mind people,the money generated from the removal will be embezzled and at the same time Nigerians won't have fuel, imagine the drama go going on, fractional distillation of crude gives not less than 8 bye products yet we are still struggling in this country,I'm tired of everything.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by maxiuc(m): 12:29pm On Oct 27, 2024
Is the economy not shutting down

Subsidy is never a sin subsidy is not evil

Every Economy of the world has one thing that they subsides
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Ironbull: 12:29pm On Oct 27, 2024
Good for them since the marketers turned themselves to Mafias and not ready to reason and align with the govt and they kept listening to election losers to punish Nigerians so they can say didn't we said it, so let the marketers too lose their job in thousands so everybody eat from the breakfast.

I don't bloody give a f u c k entire marketers shit go extinct.

Nonsense!!!
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by sulaak(m): 12:30pm On Oct 27, 2024
If the quote below is true, the 92% drop is unbelievable and indicates two issues: one, the 60 million litres per day was an exaggeration and exploiting the government subsidies and two, Nigeria are just too poor to buy cheap oil(Nigeria's oil is still the most inexpensive in the world)

Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicate that fuel consumption dropped to 4.5 million litres per day in August 2024, down from 60 million litres per day in May 2023—a staggering 92 per cent decline.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by healthkknatural(m): 12:31pm On Oct 27, 2024
Peter Obi , You see what you have Caused ?

Why Now Peter Obi .

Jagaban Abeg no Mind Peter Obi Jare ..
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by nairalanda1(m): 12:31pm On Oct 27, 2024
Biodun556:
We want electric vehicles
We don't generate enough electricity for electric vehicles and even if we did, there is the matter of upgrading the national grid way beyond what Siemens is doing to enable it carry millions of ev at a time re.charging.

Solar charging points cost money, before you start yapping about it. At least 1600 thousand dollars and you would need thousands of them to be adequate enough
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Lavor234: 12:34pm On Oct 27, 2024
Cost of loading fuel rose from 7 million to 47 million. I spy with my little eye, the death of our fuel-based economy. Shebi if nobody is working, there will be nobody to tax

Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by themanderon: 12:34pm On Oct 27, 2024
Apc goons made a pact with the devil to return Nigeria back to the stone age. They are doing just that.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by spiSeyi: 12:34pm On Oct 27, 2024
This will even make fuel cheaper I for see Dangote opening mega stations around the company
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Donaldoni: 12:35pm On Oct 27, 2024
Serves them right

They've enjoyed enough subsidy money - money that Nigeria did not have and had to borrow to the tune of trillions

Nigerians are too desperately corrupt, notoriously greedy and unpatriotic to enjoy subsidy
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by nairalanda1(m): 12:35pm On Oct 27, 2024
sulaak:
If the quote below is true, the 92% drop is unbelievable and indicates two issues: one, the 60 million litres per day was an exaggeration and exploiting the government subsidies and two, Nigeria are just too poor to buy cheap oil(Nigeria's oil is still the most inexpensive in the world)
All true.

But it is too early to tell , as there is still some time .
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by GorillaApp(m): 12:35pm On Oct 27, 2024
Ikaeniyan0:
Let them invest their money in agriculture
You get sense so? A sector is shrinking and you are gloating. What happens to both the oil sector, alternative energy sector and agricultural sector growing together. This confirms that APC and their praise singers are bereft of ideas. It's a shame to allow the dregs of society lead this nation
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by Lithiumite: 12:39pm On Oct 27, 2024
Feldie:
smuggling will always exist as long as Naira is trash. Even rice and groundnuts are being smuggled. Unless the government fix the currency, why should you sell for useless Naira when you can earn foreign currency, convert to Naira and have more money? Some will say it's unpatriotic. The politicians looting and stashing /buying properties abroad instead of creating small industries here with their stolen funds and employ people, how patriotic are they? The president going abroad to rest, how patriotic is he? Which foreign president has ever come here for rest?
Nobody is saying don't snuggle,what govt is saying in we aren't paying subsidy for the fuel anymore.....you can go and buy with your own money and sell to make your profit,no problem.
Re: Fuel Consumption: 10,000 Marketers May Shut Down Over Massive Drop, High Cost by dexmond:
What then is the benefit of the unnecessary increase in the price of petrol when people are no longer buying? Who lost at the end of the day? The government!
1 2 3 4 5 6 Reply

Marketers May Dump NNPCL As Price War With Dangote RagesFuel Supply: 9,000 Marketers May Lose Licences, Seek FG’s InterventionDeji Adeyanju Shocked Over Massive Crowd At Atiku's Rally In Ogun234

I Never Thought Trump Would Recognise Me – Remi TinubuAPC Has No Power To Decide Who Becomes Next Senate President, Says PDP SenatorsPresident Buhari Arrives Paris For African Finance Summit