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Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products (18181 Views)

Crude Import: Why Dangote Desperately Needs US Market / We Will Increase Tariff From July 1 - AEDC Alerts Customers / Army Bans Sale Of Petroleum Products In Jerry Cans (2) (3) (4)

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Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by omooba969(m): 4:52pm On Feb 05
Artscollection:
If they still have Any empathy left they should negotiate with dangote

Did you say empathy...lol? šŸ˜‚

You Nigerians are very funny. šŸ¤£
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by omooba969(m): 4:53pm On Feb 05
allanphash7:
What are we celebrating then?

We're celebrating the achievement of the richest black man in Africaaaaaa! grin šŸ˜„

3 Likes

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Ofodu360: 4:54pm On Feb 05
good for 9ja

meanwhile trade your digital asset, swiftly, securely and comfortably with us at a very sharp rate

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Emma513: 4:55pm On Feb 05
We have been scam again by AP... PORTHARTCOURT REFINIRY IS STILL TESTING PRODUCTION. OR TESTER DON SPOIL. i have tester screw drivers at home. i am willing to lend them one tongue

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by lexy2014: 4:56pm On Feb 05
you dont need to be a rocket scientist to figure it out. unfortunately, some ass lickers have been celebrating a private refinery as if its a national achievement when government refineries are comatose.

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Greenfaces: 4:56pm On Feb 05
Creamypie:
Well. Currently, there's heavy protest in 2 northern states, same states APC won, westerners are now openly complaining. It seems they are tired of smiling while suffering, Even if the suffering is delivered by one of their own. My southern and eastern brothers, make Una no join them in protest oh. Just pretend as if Una no dey aware
It will be nationwide very soon

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by ollybasa: 4:57pm On Feb 05
they should close down the refinery, If there is no benefit for nigerians.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Sicklebear28: 5:01pm On Feb 05
This is the economy the rechargeable president has given Nigerians
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Smartguyboy(m): 5:02pm On Feb 05
dre11:
ā€¢No Enough Crude in Nigeria, Prices Will Be Determined by International Market ā€“Dangote

ā€¢Prices May Not Rise ā€“MEMAN





https://newtelegraphng.com/dangote-refinerys-crude-import-from-usll-increase-prices-of-petroleum-products-ipman/?utm_source=rss&utm_medium=rss&utm_campaign=dangote-refinerys-crude-import-from-usll-increase-prices-of-petroleum-products-ipman

Why USA ?
Why not go for Russia šŸ‡·šŸ‡ŗ or Iran šŸ‡®šŸ‡· cheap oil ?
Going to USA will even increase the pump price.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Smartguyboy(m): 5:03pm On Feb 05
Indians and Chinese are going for Russia and Iran šŸ‡®šŸ‡· cheap oil without fear of USA sanction why canā€™t we do the same .

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Sijo01(f): 5:04pm On Feb 05
Another the more you look the less you see.

Before fuel was imported because Nigeria has no functional refineries. Now dangote refinery is here, they've changed the music to Nigeria does not have enough crude oil.

2 Likes

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by MasterTeeUSA: 5:06pm On Feb 05
IPMAN is always coming out with fuel prices will go up...why are they always always trying to project bad news? I look at the names, and you begin to wonder...What does that mean...import will drive up prices when prices are set at the international market, and crude produces many products...they can make money on some products and reduce prices on other products. That is a business decision, so why are they always trying to pre-empt Dangote Group. IPMAN keeps appearing like the enemy of the people.





dre11:
ā€¢No Enough Crude in Nigeria, Prices Will Be Determined by International Market ā€“Dangote

ā€¢Prices May Not Rise ā€“MEMAN





https://newtelegraphng.com/dangote-refinerys-crude-import-from-usll-increase-prices-of-petroleum-products-ipman/?utm_source=rss&utm_medium=rss&utm_campaign=dangote-refinerys-crude-import-from-usll-increase-prices-of-petroleum-products-ipman
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by RepoMan007: 5:11pm On Feb 05
Ginik:
The government, not Dangote, regulates the pump price
The govt doesn't regulate it. They just buy their own petrol and resell at whatever price they like. You are free to bring in yours and sell it for N1500 a litre.

Dangote won't want to go into petrol due to the above practice by FG. Simple.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Acidosis(m): 5:13pm On Feb 05
Biodun556:


It's not a scam but a step further to progress. Dangote refinery is not only refinery that is coming on board.

šŸ¤£šŸ¤£šŸ¤£šŸ¤£
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by theredaddy: 5:17pm On Feb 05
updatechange:
More than 80% of our crude oil has been used as collateral for loansā€¦ so as it is now Nigerias crude oil belongs to the banks and institutions that lent us the money.


That a filmsy excuse for the gullible ones, Nigeria NNPc has the capacity to produce 1.5bdp at optimal level, what dangote need is 650,000 bdp,
saying 80% of our crude as being outsource for loan is not true, can you show us stats/evidence

4 Likes 1 Share

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by SheikhMuniru(m): 5:20pm On Feb 05
I told one of my boy arguing blindly here that Dangote with his refinery will destroy Nigeria Economy further, he was shouting at me, calling me names.

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by bluefilm: 5:22pm On Feb 05
E don set
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by BewareOf419: 5:25pm On Feb 05
E go favour me and my family crew members, over to you
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by themanderon: 5:30pm On Feb 05
When we had crude they told us our refineries were not good now we have a private refinery and there is not enough crude in Nigeria because the criminals in power have mortgaged the future of Nigerians by mortgaging the future sale of crude.
No wonder that kyari man was telling us that even with Dangote refinery price of fuel will not fall. Nigerians should keep sleeping and attacking themselves while the criminals in power help themselves with the nation's wealth.

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Rostikol: 5:30pm On Feb 05
abhosts:
I remember warning Nigerians never to allow subsidy be removed but them no gree hear word. According to the zombie supporters of Obi, Tinubu and Atiku, the savings from subsidy would be used to transform Nigeria to Dubai. In furtherance of their hallucinations, they said dangote refinery would bring down cost of petrol because shipping expenses would be eradicated. What many ignorant Nigerians fail to realize is that subsidy is a far cheaper option based on our current economic reality. How do you know that? If the FG is to restore the standard of living for Nigerians to the level it was before removing subsidy, it would cost far more than has been saved from subsidy removal. Before subsidy removal 30,000 minimum wage was still a bit reasonable, but now anything below 80,000 minimum wage cannot be sufficient. Can subsidy savings be enough for FG to afford paying 80,000 minimum wage?

Only Sowore and the SDP presidential candidate were pro-subsidy and had a heart for the masses in the last presidential elections. The others were IMF puppets.

Now here is a major difference between White societies and primitive black monkeys. In white societies people like Sowore that were correct in their diagnosis of subsidy would win seats in parliament in next elections but blacks would still continue to support candidates that were wrong. They are unrepentant and tribal even to their own detriment.

You spoilt everything you wrote by adding racist abuse to call your mother a ā€œprimitive black monkeyā€.

Plus your father, your children and your own self, since (presumably), you are a black person.

That stunning lack of judgement and intelligence on your part causes me to dismiss whatever else youā€™ve typed as utter rubbish.

Why should I take serious the words of a man who considers himself a ā€œprimitive black monkeyā€?

You have nothing to offer.

Youā€™re worthless and need therapy.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Coronavirus1: 5:31pm On Feb 05
Dangote should not try the Nigerian people he will be the losers last last. New modular refinery will spring up every where in Nigeria.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by gaskiyamagana: 5:32pm On Feb 05
princemillla:
Lol should we say our hope of a working refinery dashed again??

We all know who dangote is,he won't invest a pin where there is no load of profits. Should we still hope we stand to benefit from this refinery as a nation?


Coming days will unravel this mystery
Where are his hosanna sing praisers who expect a person to run his business like that of government?
What Obasanjo failed to do in 8yrs, Jonathan failed to do in 6yrs and BUHARI too failed to do it in 8yrs and a person did it and you don't want him to reap fruit of his sweat?
Don't shout or call DANGOTE names because of your government failure.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by edungene7: 5:33pm On Feb 05
Nigerians are the problem after stealing our crude oil and stored them in the US they now want to start selling it back to us as imported product Nigerians are really timid

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by themanderon: 5:34pm On Feb 05
MasterTeeUSA:
IPMAN is always coming out with fuel prices will go up...why are they always always trying to project bad news? I look at the names, and you begin to wonder...What does that mean...import will drive up prices when prices are set at the international market, and crude produces many products...they can make money on some products and reduce prices on other products. That is a business decision, so why are they always trying to pre-empt Dangote Group. IPMAN keeps appearing like the enemy of the people.






Abegi. What has ever come down in Nigeria after going up? When crude falls at the international market they tell you fuel cannot reduce because Nigeria is not making enough money from crude sales and when it rises they tell you they have to increase prices to reflect current market realities.
Don't fall for the pranks of these rogues in power.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by israelmao(m): 5:36pm On Feb 05
Reno said,Nigeria can't meet the crude oil demand of Dangote Refinery because it had contracted some of its crude oil in set dates in the future and contracts can't be breached neither can OPEC's quota can be exceeded.Reno is doing research round the clock to influence Nigerians to embrace anti-people government by fire and by force.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by LARRYOBRAIN(m): 5:36pm On Feb 05
This guy is scammer, transact with @ your own risk.
Ginik:
The government, not Dangote, regulates the pump price

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Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by adebowales: 5:37pm On Feb 05
santaclaws:
The whole crude oil import from USA is probably a plot to sell refined petroleum products at exorbitant prices... They'll still get majority of the crude from Nigeria but justify the high price with crude oil importation from America...

We must import something! This time around it's not refined petroleum, it's the crude oil that we have in excess! What a joke! šŸ˜‚šŸ˜‚
where did US itself see crude oil when they donā€™t have one
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by gaskiyamagana: 5:37pm On Feb 05
Lastmessenger2:
You all have been scammed again. He got cheap forex at the expense of the Nigerian people and built his refinery and now he will be importing crude instead of doing local refining of Nigeria crude
Blame EME-FRAUD--LE for that. Many people don't know that nothing will happen to Emefiele because of his travails has DANGOTE connection. Only court today, court tomorrow and reductions of charges against him till lighter punishment is handed on him 2 or 3yrs to come.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by stankezzy: 5:44pm On Feb 05
.
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by madridguy(m): 5:50pm On Feb 05
Remind us of the credible people?

omooba969:


When credible people show up, people of impeccable character, you guys start to shout that they have no experience.

Now we have the experienced crooks in power...ENJOOOY!!! grin
Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by adioolayi(m): 5:51pm On Feb 05
omooba969:


When credible people show up, people of impeccable character, you guys start to shout that they have no experience.

Now we have the experienced crooks in power...ENJOOOY!!! grin

I voted the most credible of the aspirants...Omoyele Sowore... unfortunately, you and your likes disrupts his huge base, by playing ethnic sentiments and bringing a former PDP old guard , painting him as a new Messiah because he changed his political party.

The sad truth...you can't change the skin of a goat..that man you all think is credible is not...and he won't win contesting hundreds of times grin

1 Like

Re: Dangote Refinery Crude Import From US will Increase Prices Of Petroleum Products by Gboss247(m): 5:53pm On Feb 05
Lastmessenger2:
You all have been scammed again. He got cheap forex at the expense of the Nigerian people and built his refinery and now he will be importing crude instead of doing local refining of Nigeria crude
Oga, there is nothing like cheaper forex. It is called "Forward Forex Contract and Future Forex Contract. Serious businesses across the world are conducted with forward and future contracts and not spot markets because spot markets is for urgent needs.

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