This is another way of saying that price of petrol will not come down.

It's another way of saying that they want to start using gas to milk nigerians

The Whole NNPC and their Bandicts - should be disbanded by the govt now,as they failed in the Provision of Refineries,they are using this CNG- to divert Nigerians Attention:
- on Why Refineries,they earlier Promised since can't be fixed,
-and their New CNG Projects NBillions Project is just to Steal as the Corruption is so much huge in that Organisation.
-Of course, their gaulibles audiences - who are equally embedded in Corrupt Practices would not see it .
Very Shameful.

Petrol or gas?

Which is more dangerous?



Una wan convert car wey Toyota, benz etc manufacture for petrol to gas abi?

Ok O.

helinues:


As long as the product is always available, the more demand , the further the price would crash

That's an economic principle that works everywhere else but here.

helinues:


As long as the product is always available, the more demand , the further the price would crash

Your assertion does not obey the basic laws of demand and supply!

That is what they always say. Wait till most Nigerians convert their engines and see the price soaring higher than the price of PMS.

CyrusVI:
PBAT is like Pep Guardiola
He's always tweaking his tactics and he'll soon get it right

He will keep tweaking till 8 years would have elapsed and he would have achieved nothing like the one before him who said he was reforming and ended up ruining the nation and another criminal will come on board to tweak after emilokan has expired and you will still be here praising them. Surely una mumu no go ever do

iwaeda:

They are promoting CNG, forgetting that 50% of transporters uses petrol Dangote is promising. How will refineries make profit. These people oo.

God bless you .


Let's see what will happen and competition that will come in the field

Fatbam005:
Nobody dey talk about gas for generator again..

Yes Oo d price don skyrocket too 😂😆

iwaeda:

They are promoting CNG, forgetting that 50% of transporters uses petrol Dangote is promising. How will refineries make profit. These people oo.

You are funny

40% is way too high, not acceptable, it should be 70 to 80%

Seun362:


Yes but what's the cost of conversation?
I had a chat with a stakeholder in the industry and he told me it will cost us #1.3m to convert a Toyota Corolla 2006 model.
I asked why so expensive, he said cost of importing the cylinder and other kits is high and Government is even collecting import duties on them.

Why should the government be geting duties on item used for conversation why trying to encourage people to switch over to CNG?

.

My brother this is Nigeria 🤔

Let's see how it goes but since petrol will be available there will be competition and hopefully d price might reduce further

mrvitalis:
If I am to advise APC and tinubu government

1) CNG usage should be focused on commercial and logistics transportation vehicles

a) it would help food inflation
b) owners have more available funds to do the
change
c) truck parks and bus terminals already have
existing species to sight the refueling
stations

....wow, this is a good advise but it up to the relevant authorities to implement this and form a working regulatory system to oversee its implementation and shun any form of tribalistic sentimanciáò/nepotismanciáò

Bluntemperor:
The Whole NNPC and their Bandicts - should be disbanded by the govt now,as they failed in the Provision of Refineries,they are using this CNG- to divert Nigerians Attention:
- on Why Refineries,they earlier Promised since can't be fixed,
-and their New CNG Projects NBillions Project is just to Steal as the Corruption is so much huge in that Organisation.
-Of course, their gaulibles audiences - who are equally embedded in Corrupt Practices would not see it .
Very Shameful.

But it's a bad practice for a new government not to do anything new or create something new .either stealing or misleading project but at least they are coming out with something new.

We cant be static forever ♾️
That's why we always vote in new government every 4years

Fcwilly:
40% is way too high, not acceptable, it should be 70 to 80%

U always want cheap product from the government and u want Nigeria to be like america 🤔.

Have u one day ask there daily cost of running activities like fuel , gas even electricity in abroad are way much costly although they enjoy the service .

But here in Nigeria u all want cheap and yet want good service 🤔

40% cheaper for now!
What about later, after large number of people have adopted the CNG alternative to PMS?

helinues:


That's on a monopolized products. If there are competitors, they would crash the price competing.

Roosevelt's major tactics to acquired his wealth

I tell you, if the demand for CNG increases in Nigeria, the price will increase to the level of gasoline as time goes on and it will leave consumers to either buy one of the two

Blazetrailer:


...."conversion" you meant?

Location of the place you enquired about conversation?

CyrusVI:
PBAT is like Pep Guardiola
He's always tweaking his tactics and he'll soon get it right

which Guardiola is always tweaking tactics?

what is the result of all tinubus tweaking?

Let me ask like local man

Can engine designed to use petrol and has been using petrol work with cng.

LET EVERY ONE RUSH TO CNG AND LET THE PRICE JUST TO 1000 PER KG


MANIPULATING GOVERNMENT

Make we take coook which food?

Paraman:
When lots of Nigerians start using it now, it might even become more expensive than petrol

Exactly
That's what happened to cooking gas. Immediately Nigerians moved from kero stove to table gas, everything went up

All the economic think tan of this country should all be put in jail for wrong advice. How would Nigeria that has only crude as major source of income be advocating for the use of CNG or electric vehicles, if all other countries are advocating for this, Nigeria should not join them, because even if this God given resources is rejected by countries of the world, and Nigeria cannot find buyers, isn't it wise for us to maintain our domestic consumption? Instead of joining bad wagon of CNG or electric vehicles. This problem happened due to subsidy gone statement, in which they are even paying more for subsidy now, than before the so called removal, according to finance minister.

helinues:


As long as the product is always available, the more demand , the further the price would crash

Which agbadorian economics be dis

Seun362:


Yes but what's the cost of conversation?
I had a chat with a stakeholder in the industry and he told me it will cost us #1.3m to convert a Toyota Corolla 2006 model.
I asked why so expensive, he said cost of importing the cylinder and other kits is high and Government is even collecting import duties on them.

Why should the government be geting duties on item used for conversation why trying to encourage people to switch over to CNG?

You dey mind NNPC and Government? I am tired!!!

You people should stop all this , nothing will ever cheap for a life time, that’s business strategy they will came in the name of e cheap all of boom the price will go up, only a fool will believe this people.

Anything gas has the potential to explode. Let Nairaland illiterates use this. I'll remain with petrol.

CyrusVI:
PBAT is like Pep Guardiola
He's always tweaking his tactics and he'll soon get it right

Suffer never enter you well. Your brain go soon reset.

MasterJayJay:
40% cheaper means they have already inflated the price. It should be 300% cheaper. Thieves.

Exactly my point
Been waiting for this comment
Cng was very very cheap cos it wasnt useful