Maxymilliano:
Price of diesel pushing as high as 1500/litre

LPG cooking gas is pushing 910/kg

Kerosene is closely following at 800/liter

Electricity collapsed to as low as 9MW in a country of over 200m population

Naira-Dollar exchange rate already hitting the ceiling at N640/$1 with most local manufacturers struggling to remain in business

Security of lives and properties is a no go area as it's not existing

Pray tell, how else can a country be cursed with worthless leaders like Buhari ?

And these are the legacy's someone wants to build on if elected ?

/
The same nonsense stories they used to sell Buhari's candidature to you is the same they are using to sell Tinubu to you again. All by the same people.
Blinded by religious and tribal sentiments, Nigerians will continue to make the same mistakes. The beauty of it is that everyone buys at the same price in the market. Who dies first loses I pray that petrol sells for N2000/ltr and diesel N5000/ltr.

/

Maxymilliano:
Price of diesel pushing as high as 1500/litre

LPG cooking gas is pushing 910/kg

Kerosene is closely following at 800/liter

Electricity collapsed to as low as 9MW in a country of over 200m population

Naira-Dollar exchange rate already hitting the ceiling at N640/$1 with most local manufacturers struggling to remain in business

Security of lives and properties is a no go area as it's not existing

Pray tell, how else can a country be cursed with worthless leaders like Buhari ?

And these are the legacy's someone wants to build on if elected ?

It’s amazing that you think this is all Buhari’s fault. I guess it’s also Buhari’s fault that the price of gas in the US has gone from about $1 to over $5.

Better you understand the big picture before you start drawing conclusions.

Ps I am not a Buharist and don’t belong to APC.

Kaiair:

Una still dey debate Tinubu, untop 1500 per liter u dey here talk big big english? Make all of una getat abeg

So, you want Nigerians to conveniently forget that TINUBU brought this sufferings on Nigerians.?. Is that what you are saying?.

You can never never solve a problem without identifying the root cause.

Buhaaaaaaari, buhaaaaaari!!! Ma pa mi na.

MansoryMX:


We normally cook stew with 15k but just yesterday my wife complained she spent roughly 25k because of the cost of things

for fast food joint or resturant?...

This is getting out of hand....

We have Diesel for sale through MARINE way.

We can supply any serious buyer that want to BUY.

We don't want people that will come and waste our time.

We are based in the heart of Port Harcourt.
Call:0 eight 0 7 five seven 6 3 two six one

Jmichael1:


for fast food joint or resturant?...

Smiles. We don’t eat red meat (cow meat) and I bringing my kids up never to taste cow meat. Live Chicken, Turkey or fresh croaker fish are want we eat and we store in deep freezer because we cook mostly weekends but defrost and microwave in week days.

This will affect so many Industrial activities

MansoryMX:


Smiles. We don’t eat red meat (cow meat) and I bringing my kids up never to taste cow meat. Live Chicken, Turkey or fresh croaker fish are want we eat and we store in deep freezer because we cook mostly weekends but defrost and microwave in week days.

wow.....money is good.

And Our government is busy destroying local efforts calling it illegal.
We like suffering ourselves.

subsidywise18:


Off topic, but is a diesel gen better than a petrol gen?

Yes Diesel Gen are more rigid and as such generate much KVA per hour than Petrol gen,

Remember when Generators were been made, The idea was not that you use it as your main source of power, all generators are meant to be back up in case power from the main grid fails for a couple of minutes or seconds.

Diesel gens are larger and this is why for universities such as covenant and big institutions , they dont even bother themselves with buying diesel and generators, they operate thier own gas plant and generate their own electricity that way.

Benjamin Franklin that man who discovered electricity would be fuming in his grave 300 years on, a certain country cant produce more than 4000 MW of electricity for 200m people

Power generation is a simple engineering phenomenon , it is not ROCKET SCIENCE

ROCKET SCEINCE is an area of physics that is very very difficult to study and replicate, Power generation isnt

]

adonainana:


Yes Diesel Gen are more rigid and as such generate much KVA per hour than Petrol gen,

Remember when Generators were been made, The idea was not that you use it as your main source of power, all generators are meant to be back up in case power from the main grid fails for a couple of minutes or seconds.

Diesel gens are larger and this is why for universities such as covenant and big institutions , they dont even bother themselves with buying diesel and generators, they operate thier own gas plant and generate their own electricity that way.

Thanks for the information. That makes things more clearer.

Benjamin Franklin that man who discovered electricity would be fuming in his grave 300 years on, a certain country cant produce more than 4000 MW of electricity for 200m people

Power generation is a simple engineering phenomenon , it is not ROCKET SCIENCE

ROCKET SCEINCE is an area of physics that is very very difficult to study and replicate, Power generation isnt

Power supply is poor in Nigeria because the makers and distributers of the power cannot sell it at a profit. Government sets their prices and keeps it low...so they cannot make a profit...then there is the fact that a significant percentage of Nigerians, rich and poor, don't pay for power they use.

The same issue...be it ECN, NEPA, PHCN or DISCOS, GENCOS, TCN.

(Also, add the overexpansion of the national grid from the late 1970's beyond what the generating capacity could supply because politics).

Yet some people are even campaigning for APC, u don't even want to talk voting for them
.. It will absurd and hieght of craziness... If any living soul can vote that party after what we all passed through and passing through these past 7yrs

They just ruined the economy

Lil wonder i see Rain oil dey take over most fuel stations... Seems na only Rain oil and Ashafa go remain for my locality o.. from look of things

Since December last year, there is no fuel in my town. So 25% of filling stations are actually OPENED?! I thought it was all of them that has been closed.

sms4sure:
I love APC deep down but BUHARI is clueless.

one zombie delivered

sms4sure:
As a Petroleum Minister and all this happening under BUHARI and his Government, I have to apologize to those I have rebuke for calling him clueless.

one zombie redeemed

Whynotthetruth:


Cost of diesel is too high Bro...and we don't electricity to help...

No jokes here...I am typing from my house today. I asked my people for us to close for today and rest. Why? I saw my books yesterday and saw how much loss in it thanks to cost of diesel...

How do we continue? Do I move out of biz or what exactly should one do here? This is really frustrating...

It is well sir

I can feel you 100%

Businesses are paying too much to power their machineries...

May God help us as a nation.

If only we can get our electricity production and distribution right, the nation would be better for it.

Many Nigerians that are leaving for neighboring West African countries are doing so because of the Availability of constant power supply.

More than 4 million Nigerians are in Ghana today and many are not willing to return home because they are enjoying constant power supply.

Despite the high cost of living and police / Immigration harassment, many are not willing to return to Naija.

If Only we can get a leader that can solve this Electricity issue, then Nigeria would be among the Top 10 economies in the world in a short time....

Just imagine with all our challenges, we are still number 1 in Africa.

Then, If you give this Youthful Population constant power supply to run businesses, we would overtake many Western countries in no time.

May God help Nigeria...

TheGift:


It’s amazing that you think this is all Buhari’s fault. I guess it’s also Buhari’s fault that the price of gas in the US has gone from about $1 to over $5.

Better you understand the big picture before you start drawing conclusions.

Ps I am not a Buharist and don’t belong to APC.

USA are foolishly closing their oil refineries to save the environment.

https://economictimes.com/news/international/us/lyondellbasell-to-shut-down-houston-oil-refinery-by-the-end-of-2023/articleshow/91009317.cms

Tinububalls:

Vote right. We all have conscience.

Can you recommend a good candidate ?

oluseyiforjesus:
Production companies will pass this high cost on consumers.
May Buhari never happen to us again
No greater curse than someone that says Tinubu will be worse than Buhari.....

Amen but most Nigerians are greedy for money.

Jmichael1:


wow.....money is good.

Not entirely about Money. If you wanna live long, stop 3 things. Smoking and drinking, Womanizing and consuming RED MEAT!

faceland:

USA are foolishly closing their oil plants to sve the environment

No, it's because the cost of refining fuel in the US has gone up due to the rise in crude oil prices...

As a result, prices of fuel go up to cover the resulting costs.

(They don't have subsides in the US for fuel, except for the poorest of the poor)

Modified

The report you linked to said the refineries are closing down because of rising costs and debts...which covid didn't make better. Not because 'green policies'

Sai baba ,even his northern brothers re dying in silence ,they re dumb folded by buharis failure and catastrophic tenure, he has bastardized every sector

Jmichael1:


wetin concern tinubu and atiku for dis topic nah,abi u dey fyn cheap likes?

Na that cheap likes go murder you there.

Things are getting out of hands

subsidywise18:


I see , thanks. Had a false idea that there were big petrol gens that could meet industry needs.

Thanks Bro...

I don't think so...I am yet to see one and I believe it doesn't exist

I think the reason is about rate of combustion etc

How genuine is this figure guys?

subsidywise18:


No, it's because the cost of refining fuel in the US has gone up due to the rise in crude oil prices...

As a result, prices of fuel go up to cover the resulting costs.

(They don't have subsides in the US for fuel, except for the poorest of the poor)

Modified

The report you linked to said the refineries are closing down because of rising costs and debts...which covid didn't make better. Not because 'green policies'

Oh, so it's cheaper to import it from counties thousands of kilometers aways via the sea.

This is the same fate or even worse that will befall the price of PMS once the subsidy is removed without a conscious effort by the incompetent President to put in place buffers to alleviate the sufferings of the citizens!
Maybe that is when our citizens will realize our leaders do not mean well for us!

I have a question for those who have come out in supporting subsidy removal....what will be the fate of the economy and most especially the Nigerians that world bank predicted that more than a million will dive into poverty before the end of the year?
Is it the 5k per month proposed by the FG that will get devalued once the PMS subsidy has been reduced?

However there is no better solution to the ever increasing price of Diesel and PMS than building new refineries!

My question is what has happened to the modular refineries that the FG claimed to have built and commissioned?

The more you ask questions the more you marvel at the level of cluelessness and incompetence of this accidental administration!
Totally bereft of any idea or solution to tackle the many problems they are face...the worse part is not just about having another glorified ancestor as a presidential flagbearer who will definitely continue from where PMB stopped, its the fact that some misguided youths are even trying to market these recycled politicians as the best thing since sliced bread!

Summary;
If your company depend on diesel fuel, you are finished. We are taking mult millions a month... Not to mention those pick-up that use diesel (including the police and military).