₦airaland Forum

Detailed analysis of how transporters defraud Nigerians in the name of fuel scarcity..................a case study of a transport company in Enugu state.

I boarded a bus from Enugu to Nsukka by one of the biggest transport companies in Nigeria (Peace mass transit) precisely last week and was very angry with the way they extort money from the poor commuters in the name of fuel 'scarcity' and hike in prices of petrol.

As a result of this, I decided to make a detailed analysis on how this man who has been nurturing an ambition of ruling my dear state in the Governorship capacity has been fraudulently and greedily extorting hard earned money from the masses in the guise that fuel is not affordable and available.

To put the record straight, I am not supporting this Government inability to proffer urgent solution that will rescue us from this national embarrassment and menace of scarcity of essential commodity like fuel. However, frankly speaking, fuel was never sold above #250 neither is it scarce at that price anywhere in Enugu during this period of unfortunate fuel scarcity......queue was for people who insist on buying at the Government approved prices.

Back to the topic of discussion

I boarded a 16-seater Bus from Enugu, Abakpa precisely to Nsukka at the cost of #600 per passenger a journey of 45minutes at most.

Now,16x600= #9600 per trip
Driver's allowance per trip=#1000
Fuel allowance/trip =#2000 (10 litres@ 200 per litre)
Total expenditure=#3000

Balance=9600-3000=#6600.

Previously, when fuel was selling for #100/litre,

Cost of transportation per passenger= #300
16-seater bus carry 16x300=#4800
Drivers allowance =#700
Fuel 10 litres x100=#1000/trip

Total expenditure=1000+700=1700

Balance=4800-1700=#3100

Analysis,if this company was making #3100per trip of a bus that makes average of 4 trips per day and was able to pay taxes, workers and other expenses and still make enough returns on investment, then it is a pure greed to charge such exorbitant price and make double profit in the name of fuel price hike......not minding the fact that the former Governor of the state constructed a good road they ply that makes the journey traffic free, shorter, no potholes and police "no dey collect roja" from them.

Sometimes I keep wondering if we all live in the same country when I see people here incessantly complain of

No light.........when we enjoy minimum 12hrs of light daily
No fuel .........as if una dey drink fuel
Always on queue......like say na 1 litre u dey buy daily
No employment......like say we no dey live with 25million unemployed youths before now
No money.......like say FG dey dash money before abi Buhari sack you from federal Govt appointment.

Op ar u well @ all? From rubbish to nonsense. Which be governor of constructed road?

greatiyk4u:
Detailed analysis of how transporters defraud Nigerians in the name of fuel scarcity..................a case study of a transport company in Enugu state.
I boarded a bus from Enugu to Nsukka by one of the biggest transport companies in Nigeria (Peace mass transit) precisely last week and was very angry with the way the extort money from the poor commuters in the name of fuel 'scarcity' and hike in prices.
As a result of this, I decided to make a detailed analysis on how this man who has been nurturing an ambition of ruling my dear state in the Governorship capacity has been fraudulently and greedily extorting the masses in the guise that fuel is not affordable and available.
To put the record straight, I am not supporting this Government inability to proffer urgent solution that will rescue us from this national embarrassment and menace of scarcity of essential commodity like fuel. However, frankly speaking, fuel was never sold above #250 neither is it scarce at that price anywhere in Enugu during this period of unfortunate fuel scarcity......queue was for people who insist on buying at the Government approved prices.
Back to the topic of discussion
I boarded a 16-seater Bus from Enugu, Abakpa precisely to Nsukka at the cost of #600 per passenger a journey of 45minutes at most.
Now,16x600= #9600 per trip
Driver's allowance per trip=#1000
Fuel allowance/trip =#2000 (10 litres@ 200 per litre)
Total expenditure=#3000
Balance=9600-3000=#6600.
Previously, when fuel was selling for #100/litre,
Cost of transportation per passenger= #300
16-seater bus carry 16x300=#4800
Drivers allowance =#700
Fuel 10 litres x100=#1000/trip
Total expenditure=1000+700=1700
Balance=4800-1700=#3100
Analysis,if this company was making #3100per trip of a bus that makes average of 4 trips per day and was able to pay taxes, workers and other expenses and still make enough returns on investment, then it is a pure greed to charge such exorbitant price and make double profit in the name of fuel price hike......not minding the fact that the former Governor of constructed a good road the ply that makes the journey, traffic free, shorter, no potholes and police "no dey collect roja" from them.
Sometimes I keep wondering if we all live in the same country when I see people here incessantly complain of
No light.........when we enjoy minimum 12hrs of light daily
No fuel .........as if una dey drink fuel
Always on queue......like say na 1 litre u dey buy daily
No employment......like say we no dey live with 25million unemployed youths before now
No money.......like say FG dey dash money before abi Buhari sack you from federal Govt appointment.

OP, thanks for this post.
You should know that the wailers are mischievous clowns mainly of the SE, the only reason they wail is because their corrupt and clueless Hero lost woefully in the last election and would soon be Jailed.

My guy, those transporters matter dey vex me sha, Na dem dey even complain the fuel issue pass us were dey pay dem double fare.

Most Nigerians are opportunistic thieves.Any slight chance and they rip you off

The situation will be resolved soon.

Mrjo:
Op ar u well @ all? From rubbish to nonsense. Which be governor of constructed road?

Try again later

diegwu01:

OP, thanks for this post.
You should know that the wailers are mischievous clowns mainly of the SE, the only reason they wail is because their corrupt and clueless Hero lost woefully in the last election and would soon be Jailed.

Gbam!

greatiyk4u:
Detailed analysis of HOW TRANSPORTERS DEFRAUD NIGERIANS in the name of fuel scarcity..................a case study of a transport company in Enugu state.



Sometimes I keep wondering if we all live in the same country when I see people here incessantly complain of

No light.........when we enjoy minimum 12hrs of light daily
No fuel .........as if una dey drink fuel
Always on queue......like say na 1 litre u dey buy daily
No employment......like say we no dey live with 25million unemployed youths before now
No money.......like say FG dey dash money before abi Buhari sack you from federal Govt appointment.

I'm a transporter and my prices have not changed all through this period of scarcity! If some of your ipob transporters in enugu have no integrity then abeg stop comparing them to those that do!



And by the way why did you now go off topic at the end of your post? Something do you?

funlord:





I'm a transporter and my prices have not changed all through this period of scarcity! If some of your ipob transporters in enugu have no integrity then abeg stop comparing them to those that do!



And by the way why did you now go off topic at the end of your post? Something do you?

I didn't compare with others, in fact,I was specific in my analogy..........................I digressed to add ingredients to my post

And the owner of peace is even an evangelist

mrvitalis:
And the owner of peace is even an evangelist

Alleged

Na so dem do useless pipu!

EazyMoh:
Na so dem do useless pipu!

Seriously

Babalegba:
Most Nigerians are opportunistic thieves.Any slight chance and they rip you off

True