Using petroleum to run your business
- Thread starter eldavis
- Start date
Thats a rough situation in Nigeria. I can imagine that the high fuel prices and lack of stable power supply must be making it really difficult for businesses to operate. But I know that the people there are resourceful and creative so I'm sure theyre finding ways to make it work. It takes a lot of hard work and determination to keep a business going, especially in tough times like these.
Probably, in whatever situation people will always try as much as possible to adapt. A lot of businesses fail actually suffer the problem.
it isn't easy at all for the common. The hardship now has triple. God needs to help us.
it is not only in Nigeria. So many other countries around the globe are suffering because of economic downturn.
- Thread starter
- #7
Yes and am pretty sure most of them would have to increase the cost of their goods and services.
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True, like yesterday i had to walk long distance just to make a delivery.
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if the cost of petrol is going up, it will actually affect almost every sector of the country. That is what usually happens in so many countries around the world.
- Thread starter
- #10
True, i read just now that most filling stations wont open tomorrow due to the new law passed by the government that fuel should be sold #190 per liter. Most of them do not agree with this.
Using petroleum as a source of energy for running a business has several advantages and disadvantages.
Advantages:
Advantages:
- Petroleum is a widely available and abundant source of energy that is relatively cheap to extract and refine.
- It has a high energy density, making it an efficient and cost-effective fuel for transportation and industrial processes.
- The extraction, transportation, and refinement of petroleum is a major contributor to air and water pollution, as well as greenhouse gas emissions.
- The use of petroleum is also finite, as it is a non-renewable resource, so the long-term sustainability of the energy source is a concern.
- Additionally, the global demand for petroleum often leads to geopolitical conflicts and price instability, which can impact the cost and availability of the fuel.
It epileptic power supply, it is going to affect the smooth running of the business and running the business on petroleum is very expensive.
The
The issue with Nigeria is that we are always survivors. It's hard though and the common man on the street is feeling the brunt. But we would survive as we always survive.
I actually used to make use of petroleum or fuel to run most of my activities in the farm but recently I have upgraded to making use of solar and it's even more better.
I agree with you that Nigerians are resilient people who always survive despite the challenges they face. But survival is not enough, you deserve better living conditions and opportunities for growth.
It is true that survival is not just enough for a human. A human must strive to grow. We are still believing that our country would turn out good. Even this Paid to post jobs are now hard to do because of the epileptic power supply and the high cost of fuel.
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It is during times and situations like this that business people think out strategies to survive and still be in business. You could use CNG with a hybrid carburetor and use gas to run it.
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It has become a major challenge to run businessses now in my country. The cost of powering your business for an entire week is what you are using to run it in one day.
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