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#Fuel Prices
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By Owei Lamkefa
Nigeria is experiencing its worst economic crisis in a generation. Annual inflation stands at more than 30%. Prices for food like yams, a staple food, are almost four times higher than last year.
New protests against the recent fuel hikes began the first week of September.
Protests, inspired by the protests in Kenya against IMF-imposed austerity, pushing poverty, encouraged protests to demand an end to the Nigerian President’s “shock doctrine.” The so-called shock therapies that the Nigerian president is currently using include the reduction of gas subsidies higher electrical costs, and the devaluing of the currency, which is like a pay cut for workers. That austerity allowed Nigeria to get a $2.25 billion loan from the World Bank and the austerity is celebrated by the banks. But not celebrated by the victims of the imperialist’s financial and economic war on the people.
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thoughtlessarse · 2 months
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Nigerians are protesting against a high cost of living, brought on by surging inflation and stagnating wages. Authorities fear the types of mass rallies that have been seen in other parts of Africa. Nigeria is bracing for a day of protests across cities and towns as people make known their anger over economic hardship that has persisted for years. Africa's most populous country, with a population of more than 210 million, is grappling with the country's worst cost-of-living crisis in a generation. The hardship is blamed on surging inflation, which is at a 28-year high, and the government's economic policies that have pushed the local currency to record low against the dollar. The price of petrol and the price of staple foods, such as rice, have shot up, while wages and salaries have remained stagnant. Nigerian President Bola Tinubi promised "renewed hope" when he was sworn into office in May 2023, but his government has struggled to create jobs. Now, protest organizers say they are determined to take matters into their own hands. Police block major roads in cities, organizers vow to press ahead with protests Local media reported that organizers rejected a proposal by Nigerian police to hold rallies in confined places — easily controlled by security forces. The government has, over the course of the year, offered to alleviate economic pain, including raising minimum salary levels and delivering grains to states across the country. But unions say the minimum wages fall far short of what is required to live a decent life. "We believe that this protest must go on regardless of the threat and intimidation," protest organizers said earlier this week.
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jangillman · 3 months
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jefkphotography · 3 months
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Gas station photo.
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indizombie · 2 years
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Indirect taxes in the country however, have gone up. They may seem small and incremental, but are paid by every citizen whatever their income status. A daily wager and a millionaire pay the same tax when they buy a pack of butter – nearly 12 percent. “Rising fuel prices and indirect taxes have pushed up prices of essential commodities, including food, Bhardwaj added. “This has resulted in acute food insecurity and malnutrition, especially among children and women. Since the government started amassing indirect taxes, their spending in the social sector has gone down.” Mishra said. “This is mostly because the collection of indirect taxes just cancels the loss of corporate taxes.”
Srishti Jaswal, ‘This Country Has 70 New Millionaires Every Day. Why Is it Among the World’s Hungriest?’, VICE
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k00279499 · 2 years
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A study I’ve been doing over the last week before the end of the semester on change. Everyday walking to and from college, I pass this petrol station and each day the price has changed by a little bit or a lot, sometimes there’s a major jump. Mutate by dictionary definition is A Change In Form Or Nature. I wanted to track something I see pretty much everyday to see how it “ mutates ” on a day by day bases in relation to our brief temporary.
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ghlagatindotcom · 18 days
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Fuel prices drop for third consecutive window as OMCs reduce costs at the pumps
In a welcome relief for motorists, some Oil Marketing Companies (OMCs) have begun decreasing fuel prices at the pumps, marking the third consecutive reduction in recent pricing windows. This downward trend is attributed to the decline in international refined petroleum product prices and the relative stability of the cedi. State-owned Goil has taken the lead, slashing prices for both petrol and…
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townpostin · 2 months
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Budget 2024-25: Saryu Roy Has Mixed Reactions on Economic Impact
Finance Minister’s Proposals Aim for $5 Trillion Economy, but Concerns Remain The Union Budget 2024-25 has sparked varied responses, with some praising its economic vision while others express concerns about its impact on the common citizen. JAMSHEDPUR – The recently presented Union Budget has received mixed reactions from different sections, including local MLA Saryu Roy. Presented by Finance…
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Nigeria's Uprising: Activist's Call for Peaceful Protests, Paul Okoye's Lavish Gift, and Mo Abudu's Tribute to Wole Soyinka
📢 Nigeria's Uprising: Protests, Luxuries, and Legends! 🇳🇬✨ 1️⃣ Activist Very Dark Man calls for peaceful protests against economic policies. 2️⃣ Paul Okoye gifts Ivy Ifeoma a Range Rover...
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mrsmoose54 · 3 months
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Buc-ee's Opens World's Largest in Texas
I am returning to Texas in September based in Round Rock and checking where my nearest Buc-ee’s is going to be and came across the exciting news that very recently Buc-ee’s have opened their 50th and largest travel centre yet.  For those folks who have never heard of Buc-ee’s have a look at a previous post about this most amazing experience. Located between Austin and San Marcos in Luling – Tx…
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infocrazebyrepwoop · 3 months
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Diesel Price Reduced by Tk1, Petrol and Octane Prices Remain Unchanged
The price of diesel and kerosene in Bangladesh has been reduced by Tk1 per litre, bringing the new price down to Tk106.75 from Tk107.75. However, the prices of petrol and octane remain unchanged at Tk127 and Tk131 per litre, respectively, as per a notification issued by the Ministry of Power, Energy and Mineral Resources on Sunday night. The revised prices will take effect from Monday. The…
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pricechecker · 6 months
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How to Save on Fuel Costs with Drivstoffappen
In today’s fast-paced world, managing personal finances efficiently has become more important than ever, especially when it comes to recurring expenses like fuel. With fluctuating fuel prices, finding ways to save money without compromising on travel is a challenge many face. This is where Drivstoffappen, Norway’s premier fuel price comparison app, steps in, revolutionizing the way we think about fuel consumption and savings. In this blog post, we'll dive into how you can leverage Drivstoffappen to minimize your fuel costs, ensuring your trips are as economical as they are enjoyable.
The Rise of Fuel Costs: A Modern Dilemma
The global landscape of fuel prices is ever-changing, influenced by a myriad of factors including economic policies, geopolitical tensions, and environmental considerations. For the average consumer, these fluctuations can lead to uncertainty and unexpected expenses, affecting monthly budgets and financial planning.
Enter Drivstoffappen: Your Fuel Saving Companion
Drivstoffappen is designed to address this very issue, providing users with real-time information on fuel prices across various stations. By leveraging this data, you can make informed decisions on where and when to fill up your tank, optimizing your fuel expenses without going out of your way.
How Drivstoffappen Works
Real-Time Price Comparison: Drivstoffappen collates prices from multiple fuel stations in your vicinity, allowing you to compare and choose the most economical option.
Customizable Alerts: You can set alerts for when your preferred stations drop prices, ensuring you never miss out on a saving opportunity.
User-Friendly Interface: With an emphasis on simplicity, the app’s design ensures that you can access the information you need quickly and easily.
Community-Driven Updates: The app also allows users to report fuel prices, ensuring the data is up-to-date and reflective of the current market conditions.
Maximizing Your Savings with Drivstoffappen
To get the most out of Drivstoffappen, consider planning your refueling around the times when prices tend to be lower. Typically, fuel prices can vary significantly throughout the week, with certain days offering more savings than others. By monitoring trends through the app, you can identify these patterns and schedule your fuel purchases accordingly.
Beyond Fuel: A Tool for Environmental Awareness
Drivstoffappen doesn’t just help your wallet—it also encourages more environmentally conscious fuel consumption. By optimizing your fuel purchases for efficiency and cost, you contribute to reducing unnecessary trips to the fuel station, thereby lowering your carbon footprint.
Embracing the Future of Fuel Consumption
As we navigate through the complexities of modern living, tools like Drivstoffappen become indispensable for smart financial management. It represents a step forward in how we approach driving and fuel consumption, blending technology with everyday necessity to create a more sustainable and economically efficient future.
By integrating Drivstoffappen into your routine, you're not just saving money—you're also participating in a larger movement towards more responsible and informed consumption patterns. It’s a win-win for both your budget and the planet.
Final Thoughts
In conclusion, Drivstoffappen is more than just a fuel price comparison app; it’s a gateway to smarter, more sustainable driving. As we continue to seek ways to balance our financial goals with environmental stewardship, tools like Drivstoffappen show us that with the right technology, we can achieve both. Start using Drivstoffappen today and fuel your journey towards a more economical and eco-friendly tomorrow.
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lkcareer · 6 months
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Stay updated with the latest fuel prices in Sri Lanka. Check today's diesel and petrol prices in Colombo. Get information on Ceypetco fuel prices.
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jefkphotography · 1 month
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Gasoline prices. Fuel prices. I took this photo in The Netherlands.
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aforge23 · 7 months
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