Curious345:
Good. Even at ₦500 per liter , Dangote is still making a whooping ₦137 as profit ..

So diesel shouldn't exceed ₦400 and petrol shouldn't exceed ₦150 of Dangote is getting his crude from Nigeria and paying in naira

Explain how you arrived at these figures please, I am genuinely interested to know.

Thanks

On top crude oil wey Dangote dey import?? We do know that Nigeria has become a crude oil importing nation now right? So he should import crude oil and reduce to #700??

Nigerians like putting pressure in the wrong places. Put pressure on NNPCL and the minister of petroleum to make crude oil available for Dangote. Then we'll see if he won't reduce price.

Dangote sells 1000 per liter marketers sells at 1500 per liter is that not too much?

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

Every Nigerians uses diesel direct or indirectly

This is a great development because it will greatly reduce the cost of production and transport. In construction the cost of transporting chippings is almost the cost of the stones,which has greatly affected many

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

You're wrong. Diesel consumption is almost at par with petrol. No one runs a big generator on petrol, no big engine runs on petrol either.

Moroccoguy:

Diesel is 1000 time important for manufacturing.

fuel is need to transport goods to meet the final consumer

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

For chemistry, When refining, diesel will first come out before fuel, kerosene is the last.
It is economically viable to refine diesel first.
Fuel will come later

I don't know what's happening.. fuel has increased to 700 naira. I wonder what exactly is going on in this country

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

99% of what nigeria produces and Nigerians have access to is produced by diesel.

Better patronize Made in Nigeria goods if that is your prayer and reduce pressures on the Naira ...

This is lovely and welcome development and we pray that God Almighty continue to bless Alhaja Aliko Dangote and those supporting him . New and beautiful Nigeria is possible!

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

That's why u always say a lot of rubbish on this forum, u knew nothing about Nigerian economy.

My brother, we run a diesel economy, it's even better diesel should be #200/liters and Lpg to be #400/kg and fuel to be 1000/liters.

Diesel is what we use in manufacturing, oil and gas Equipments, industries, Banks, businesses that are of high volume depends on diesel. And even transportation from North to sound with Agricultural products trucks use diesel ⛽ to bring them.

Diesel is the factor not fuel. Cos we don't have a stable electricity.

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

Both are equally important, the heavy duty vehicles that transport foods and other goods across the country use diesel

For me AGO is more important than we think. Most food produce are transported by vehicles using AGO. Most heavy duty machines are designed to run on diesel. Mechanized farming and AGO are inseparable. Most times we buy items like yam, pepper, tomatoes, that have travelled hundreds of kilometres, we pay indirectly for the AGO. I transported gypsum board, profile & some other building material from Ajah to Benin for 280k about 3 years ago. This year when i approached the same transporter he asked me to pay 700k.

micxwell:

Lol. You're obviously ignorant. AGO is very important to manufacturing, logistics and haulage. Both AGO and PMS are equally important.
Let me use our mobile networks as an example. They don't use PMS to power any of their network masts. AGO is what they use.

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

Everything - from bread to beans to cement - is produced or transported with diesel.

DatIgalaDude:
Good speculation but the current price reduction is yet to reflect on goods and services.

You dey mind them. I'm sure that old stock matter will last till Mid-December. I know my people.

YeyeGbami:


Leave am, na bad belle dey worry am.

na stupidity no be bad belle

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

You're a very intelligent fellow.

The reason why he is slow producing petrol is because it is still subsidized. I'd he sells it at the present, he will make losses

The federal government will buy it from him at the market price and resell it at the subsidized price.

What of fuel

Reduction that stations are yet to implement? The average Nigerian is criminally minded.

adenigga:





Source: https://punchng.com/Marketers-eye-N700/litre-diesel-after-Dangote-price-cut

I expect price of goods and services to come down. Consumer protection agency must do its work or gets disbanded and a new active agency created to protect consumers. Government can give these agencies for private sector to run and manage on behalf of government, for more efficiency and to earn revenue for the national purse. Civil servants in Nigeria are lazy, inefficient and corrupt.

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

Big lie. All the industries are powered by Diesel. Even small factories u see around. When diesel price comes down, watch how prices of Commodities will drop drastically

groovie:
On top crude oil wey Dangote dey import?? We do know that Nigeria has become a crude oil importing nation now right? So he should import crude oil and reduce to #700??

Nigerians like putting pressure in the wrong places. Put pressure on NNPCL and the minister of petroleum to make crude oil available for Dangote. Then we'll see if he won't reduce price.

Are you supporting Nigerians or supporting an already made billionaire

Pity yourself before you pity billionaire oh, lol. Cheaper diesel means Nigeria will be a productive and production hub.

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

U be normal boyboy, nwaboy na, low budget one at that if not u want say this rubbish.

U don't have trailer, u don't have single, u don't have 6 tires, ur market don't require the use of any apart from the use of dyna and gulf

bobbiiee:
For me AGO is more important than we think. Most food produce are transported by vehicles using AGO. Most heavy duty machines are designed to run on diesel. Mechanized farming and AGO are inseparable. Most times we buy items like yam, pepper, tomatoes, that have travelled hundreds of kilometres, we pay indirectly for the AGO. I transported gypsum board, profile & some other building material from Ajah to Benin for 280k about 3 years ago. This year when i approached the same transporter he asked me to pay 700k.

AGO key to the construction industry 🏗️, no doubt.

tuoyoojo:
How come fuel is rising in abuja

Some stations were selling for 690 as at yesterday

yeah its been 680 in ife for some days now.

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

but just like the write up there, one of the reasons wey food cost na because of diesel.

Things like cement, na high transportation make am dey very expensive. Trucks will use millions just to buy diesel to transport it. Etc

AqualinaXYZ:
Dangote should refine fuel




99% of poor Nigerians doesn’t patronize diesel




Na fuel be the koko if they wanna help the poor

are you been serious here. 90% of transportation logistic and general manufacturing uses diesel. It has a strong indirect impact on all Nigerians

Can’t they just shock Nigerians with price reduction, let dem just wake up one morning and diesel @ 500 , fuel @ 400 and kero @ 200.