Corridon:
It has also reduced the number of vehicles on the road.

It has also reduced d number of hook up carry uber

This is the beauty of free market economics.

Remove subsidies and people will only buy the amount of petrol needed. Excessive, wasteful usage decreases, more people will walk, more people will use public transport.

Eventually the retail outlets will be forced to reduce the prices, leading to that beautiful marriage between demand and supply known as equilibrium.

Wonderful, beautiful, efficient.

Islie:
The rise in the price of petrol has reduced the level of patronage at filling stations as Nigerians grapple with the ripple effects of the…




https://dailytrust.com/subsidy-removal-filling-stations-record-low-sales-as-govs-back-tinubu/

THE FESTIVE SEASON IS OVER.

Here comes reality.

KingKO22:
I see PMS price depreciating any moment from now especially when there is competition among importers

BAT has done remarkably well within short period of time in office


I never regret voting and canvassing for you

What has Tinubu done remarkably well within short period of time in office?

How will PMS price depreciate any time now? Are marketers no longer interested in profit? I thought u guys said petrol price is a product of global crude oil price, landing cost and transportation cost and PMS price has be high to cover these costs? Have these prices depreciated?

It will also reduce traffic

Lol, the suffering just started...

What a start in this new administration, one things that I know is we can't continue do the same things the same way and expect a different result...he who fail to plan ,plan to fail
Nigeria administration need a man with plan and strategy to tackle all this problem... Not people with ambitions to become president to have power, money and fame..

And its obvious we're parading the same set of people as a leader and definitely we're going to get the same result....

ZombiePUNISHER:


Governors Back Tinubu's Subsidy removal

But in 2012 when Jonathan did same

The then Lagos State Governor and APc organized a protest against subsidy removal..
They mocked Jonathan
Taunted him and even carried a coffin.

There are levels to evil.

it's not 2012 anymore.

Move the fhuck on.

It has also reduced the number of girls going to guys houses lately

I support fuel subsidy biko

ZombiePUNISHER:


Governors Back Tinubu's Subsidy removal

But in 2012 when Jonathan did same

The then Lagos State Governor and APc organized a protest against subsidy removal..
They mocked Jonathan
Taunted him and even carried a coffin.

There are levels to evil.

AND GEJ chickened out ,making him a weak leader.


Now NLC,OBIDIENTS barked like dogs,Tinubu forged on,showing he knows what he is doing ans he is not weak....he is not under control of any cabals or marketers bully

KingKO22:
I see PMS price depreciating any moment from now especially when there is competition among importers

BAT has done remarkably well within short period of time in office


I never regret voting and canvassing for you

Tumour don't have sense, OMS will be up to 700 per lit before Dec 2023

That's the best way to react to this subsidy removal. Stop buying fuel for the mean time... Price will surely drop

SmartyPants:
This is the beauty of free market economics.

Remove subsidies and people will only buy the amount of petrol needed. Excessive, wasteful usage decreases, more people will walk, more people will use public transport.

Eventually the retail outlets will be forced to reduce the prices, leading to that beautiful marriage between demand and supply known as equilibrium.

Wonderful, beautiful, efficient.

How have the average consumer of fuel in Nigeria been buying excessive fuel and wasting the fuel?

Why will retail outlets be forced to reduce prices?

I thought you guys said petrol price is a product of global crude oil price, landing cost and transportation cost and PMS price has be high to cover these costs? Have these prices depreciated?

The breakfast is going round.

Basic123:

AND GEJ chickened out ,making him a weak leader.


Now NLC,OBIDIENTS barked like dogs,Tinubu forged on,showing he knows what he is doing ans he is not weak....he is not under control of any cabals or marketers bully

How did Tinubu forge on? I thought he begged the NLC not to.embark on strike?

Ayodeoba:
It will also reduce traffic

Were?

KingKO22:
I see PMS price depreciating any moment from now especially when there is competition among importers

BAT has done remarkably well within short period of time in office


I never regret voting and canvassing for you

Your own better nah

Nigerians will adjust. The subsidy is a scam that must go.

Remember that in December Mr President has another gift waiting for us, he is going to finally withdraw the old Naira notes, should make things even more chaotic , so much so we would even forget about fuel.

A few days of Tinubu and Nigerians already gaining an appreciation of how much better off we were under Buhari

Padipadi:
Una never see anything. Even me sef dey reason movement. I trek when I v to and go where it's necessary.
Everybody want to be mad so let's mad it.
We ll cope for as long as we can.
But, hmmm, but, if by December we no see the Koko of this subsidy, Tinubu, Nigerians ll drag your blokkos o!

Manny21:
What do you expect? It is just a matter of time, the forces of demand and supply will force down the price. Most petrol marketers rely on small profits quick turnover. The 540 per litre is NNPC price. Some of them will start reducing their profit margin to be able to offload what they present store.

but non wil sell below nnpc price.

Nigerians survived Naira redesign although souls died; Nigeria will also survive the removal of fuel subsidy but souls will be depressed, some will fall sick and some will still die..... It's a raw truth!
Nigeria is not a country for the weak!

ZombiePUNISHER:


Governors Back Tinubu's Subsidy removal

But in 2012 when Jonathan did same

The then Lagos State Governor and APc organized a protest against subsidy removal..
They mocked Jonathan
Taunted him and even carried a coffin.

There are levels to evil.

Then Jonathan turned around and gave NNPC key to his girlfriend Diezani.

pandoragirigory:
The higher the price the lower the quantity demanded

Yeah......I think I still remember the law of dd in economics

KingKO22:
I see PMS price depreciating any moment from now especially when there is competition among importers

BAT has done remarkably well within short period of time in office


I never regret voting and canvassing for you

What exactly has Tinubu done remarkably well again, he's not even been a month in office; is your brain hurting you? Are you still campaigning?

slawomir:
Damnnn niggar

Hmmmm

Since almost four days now I never drive my lexus

Any how waka way nor make sense I nor dey go

I better relax for house dey smoke and drink...even if I want go beer parlour....na the one way dey near me..the one treckable

The 36k full tank way I buy I go make sure say I manage till next year

pandoragirigory:
The higher the price the lower the quantity demanded

d lower d growth of d economy...

hw is ur oga going to achieve GDP growth of 6% ?

another perfect excuse 4 failure loading...

mpire:


Then Jonathan turned around and gave[b] NNPP[/b] key to his girlfriend Diezani.

I'm sure you meant NNPC

Racoon:
All the wicked demons in government since 2015 were shouting fuel subsidy was a fraud but ended up committing the same fraud for the 8 years of their miserable reign.

Now they suddenly see the compulsive reason to do away with this economic disaster that ought to have been avoided since 2012. Playing partisan politics with a sensitive national issue they have zilch knowledge about.

Their excuse was that Jonathan govt will squander the money...... imagine the rubbish.....claiming to be holier than everyone...and the gullible like Soyinka, Bakare & Co fell for that.......We have bunch of useless educated people in this country

Nigerians instead of striking, just boycott buying fuel for 3days and watch the price drop. When you do resuming buying boycott nnpc filling stations.