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Nairaland Forum / Nairaland / General / Politics / Petrol Price Crashes At Depots Amid Low Demand (79208 Views)
Petrol Crisis: Trucks Stranded At Depots As NNPCL, Dangote Tango Over Pricing / Rice Millers Hail Ebonyi Governor's Ban On Rice Scaling As Price Crashes To ₦15K / Gov Election 2023: Sanwo-olu Wins Tinubu Polling Unit Amid Low Turnout (2) (3) (4)
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Re: Petrol Price Crashes At Depots Amid Low Demand by proeast(m): 7:25pm On Jul 01, 2023 |
Lol, coming from the The Nation newspaper, I will take this news with a pinch of salt. That apology of a media house is nothing but Tinubu's propaganda machinery. 4 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by Image123(m): 7:30pm On Jul 01, 2023 |
This is likely to be short lived, though it will become the result in the long term. But for the next couple of months, expect pump price to go up 600 to 850 maybe. The effect of removing parallel FX rates is yet to set in. |
Re: Petrol Price Crashes At Depots Amid Low Demand by SalamRushdie: 7:51pm On Jul 01, 2023 |
Some mumus will actually believe 3 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by Ovis1302(m): 7:53pm On Jul 01, 2023 |
I bought PMS N520/litre at retail price yesterday. |
Re: Petrol Price Crashes At Depots Amid Low Demand by cardoctor(m): 7:54pm On Jul 01, 2023 |
Here we go |
Re: Petrol Price Crashes At Depots Amid Low Demand by Opolopoopolonio: 7:54pm On Jul 01, 2023 |
Only pigs... won't be happy with good news 2 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by Kukutenla: 7:55pm On Jul 01, 2023 |
Parachoco:Did you not read that they are still selling old stock which was imported at the old exchange rate and subsidised to 189? The person they interviewed is even expecting govt and not marketers to import the fuel. Learn to read 1 Like 1 Share |
Re: Petrol Price Crashes At Depots Amid Low Demand by Nobody: 7:56pm On Jul 01, 2023 |
No petrol has been imported into the country since the subsidy removal, yet NNPCL was swift to hike the prices of their old and subsidised stocks by almost 200 percent, even when they know how adversely that's going to affect the citizenry. Nigeria is a very sad and depressing country to be in. 3 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by hssd8nland: 7:57pm On Jul 01, 2023 |
taylor89:Lol you ehn |
Re: Petrol Price Crashes At Depots Amid Low Demand by spartachico(m): 7:57pm On Jul 01, 2023 |
Rubbish ,some people are selling it for 515 here in Lagos |
Re: Petrol Price Crashes At Depots Amid Low Demand by udemzyudex(m): 7:57pm On Jul 01, 2023 |
Propaganda 1 Like |
Re: Petrol Price Crashes At Depots Amid Low Demand by odimbannamdi(m): 7:59pm On Jul 01, 2023 |
Parachoco: I hope you are buying fuel for 200 naira? 1 Like |
Re: Petrol Price Crashes At Depots Amid Low Demand by benqo01(m): 7:59pm On Jul 01, 2023 |
Who noticed fuel dries up faster these days 6 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by obaidan: 8:00pm On Jul 01, 2023 |
CodeTemplar:See ehn..i have said it before...a government that cannot manage subsidy verification, discharge of products to the right places cannot ensure proper quality control. I knew we will still come this point where marketers will tamper with quality to be able to make profit...this govt like the last 2 instead of working hard to ensure subsidy regime is rid of corruption will instead say subsidy is evil, when we all know all nations of the world subsidize one thing or another and the best thing to subsidize is energy. In our case almost all businesses rely on pms, the smal medium enterprises that will really lift people out of poverty rely on pms ...shoemakers. barbers, bankers, tailors, food vendors, talk of it. The say to rid subsidy corruption they want to eliminate subsidy, why not eliminate infrastructural projects to stop the corruption in that space too 4 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by Parachoco: 8:01pm On Jul 01, 2023 |
Kukutenla:This thread is about how the Price of Petrol have crash at the depot, I don't understand what else you're wailing about Go through the article again and cure yourself from this foolishness you're drench in Orchins like you have being screaming petrol will be more than 1k per liter in July, una bitter wish won't come to pass 1 Like |
Re: Petrol Price Crashes At Depots Amid Low Demand by Harrynight(m): 8:01pm On Jul 01, 2023 |
Re: Petrol Price Crashes At Depots Amid Low Demand by figment232(m): 8:01pm On Jul 01, 2023 |
oloriooko:NNPC made them buy at the new rates too....they thought they were wise |
Re: Petrol Price Crashes At Depots Amid Low Demand by slowice(m): 8:02pm On Jul 01, 2023 |
Until we know the exact liters of fuel we consume daily I can't trust Nigerian government and their associates |
Re: Petrol Price Crashes At Depots Amid Low Demand by Georgejeez: 8:03pm On Jul 01, 2023 |
I hear say the Traffic for Lagos don reduce drastically, na true? 1 Like |
Re: Petrol Price Crashes At Depots Amid Low Demand by Unigrad: 8:03pm On Jul 01, 2023 |
dre11:I thought they said commissioned Dangote refinery will start flooding it's refined products In July and importation will stop. How come I am still hearing importation of fuel in the month of July? Dangote refinery nor work? Who has boarded Nigeria airline of recent? 4 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by Dybala11(m): 8:04pm On Jul 01, 2023 |
Parachoco:Na you go suffer today, tomorrow and forever. Amunkunmẹ́kọ. 4 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by Parachoco: 8:05pm On Jul 01, 2023 |
Kukutenla:Show me where you saw this your nonsense in the article |
Re: Petrol Price Crashes At Depots Amid Low Demand by AlabiKILLER2021(m): 8:05pm On Jul 01, 2023 |
Parachoco: May this your propaganda help you and your family Ijn 2 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by lexy2014: 8:05pm On Jul 01, 2023 |
Parachoco: is tinubu part of those suffering today and enjoying tomorrow abi na only you? 6 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by Uniqueness789: 8:05pm On Jul 01, 2023 |
PraizHim:oh you are in PH. Let's hook up if you don't mind |
Re: Petrol Price Crashes At Depots Amid Low Demand by Menclothing: 8:05pm On Jul 01, 2023 |
It’s sold 499 in my Juction in Lagos mainland |
Re: Petrol Price Crashes At Depots Amid Low Demand by TOPCRUISE(m): 8:05pm On Jul 01, 2023 |
If you know you vote Tinubu and you refused to buy PMS at the increased rate of N520 and N500, you are an enemy of progress. 2 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by lexy2014: 8:05pm On Jul 01, 2023 |
dre11: 6 naira difference na him be crash 2 Likes |
Re: Petrol Price Crashes At Depots Amid Low Demand by 4TFK: 8:05pm On Jul 01, 2023 |
Buddha3:So,you are not aware the subsidy paid by Buhari in 2023 were paid with loan? Therefore, the petrol at hand might not have been fully subsidized 2 Likes |
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