lagosrd:


Read it again if you don't understand, or ask someone to interpret it to you in any language that suits you. Subsidy on petrol is a fraud anyway the raw material (crude oil) is located in the same place as refining

The premise of your argument is flawed. Dangote is a private business, not a charity, and Nigeria is not a communist country where prices are fixed for private enterprises. While it’s beneficial that raw materials are located near the refinery, this doesn’t automatically translate to below-market pricing. For instance, over 60% of the iron ore used in China is imported from Australia, yet steel prices are lower in China than in Australia. The situation is more complex than it appears.

NNPC still subsidizes PMS, which is why they are currently the sole off-taker. Dangote, on the other hand, will sell their PMS at a higher price outside Nigeria.

lagosrd:


Countries around you don't determine the cost of production. Itaa local thing. NNPC is just been selfish and following IMF blindly. We just want to be politically correct and able to continue our usual beggally lifestyle.

Those countries that can afford PMS at #1200 , ask yourself what is their GDP and economic standard. You can't say because it's sold for this price in Saudi it has to be uniform throughout the world. Hell no

I don’t even understand how what you typed above is relevant to my comment.

The fact is that FGN still provides subsidy on PMS that is why fuel in Nigeria today is till cheaper than of all the countries around us.

bukatyne:


Then why the drama?

Why don't you let it be a free market and let the crazy ones buy from Dangote?

Abi is it NNPC's craziness or their money?

I believe the free market price is still more expensive than what PMS is been sold in Nigeria. I agree that Nigeria don’t have business with subsidy but removing it will be severe and will increase as our currency continue to devaluate.

lagosrd:


Why pay the subsidy. Subsidy for what is been refined here locally , that is not possible

Dangote is a private company, they refine petroleum products and sell at market prices. It doesn’t matter where the product is refined, the real cost of PMS is not N980, it’s more than N1200. If you want know how much PMS cost, check the prices from the countries around us. They don’t have subsidy, so they sell at an average price equivalent to N2000.

jaxxy:


The instruction by government was sell to Dangote not swap. NNPCL is looking for how to create secrecy and confusion They are not supposed to be sole off takers in a deregulated market system.

The truth is that the FG still pays subsidy on PMS.

lagosrd:
The petroleum sector doesn't need a middle man or middle system to regulate the industry. Let everyone buy from dangote directly and determine what price he or she will sell.

NNPC still pays subsidy on PMS. Only a cra.zy person will buy directly from Dangote when you can buy it at a subsidized rate from NNPC.

richeeyo:

Bloody illiterate

Why are you angry?

The news is from a Ukrainian news outlet, so I will just assume it's propaganda.

Baal and Yahweh are both storm Gods competiting for relevance.

nairaman66:


Not simlock! Most phone overseas are locked
To their carriers. Vodafone, Verizon, T-Mobile, etc. Just request for unlocked phone! Get it?

None of the carriers you mentioned operate in Canada. Since 2017, it is illegal to lock any phone in Canada. If you want to buy unlock phones, buy used from Canada.

nairaman66:
Before sending to Nigeria, You need to have asked if it is locked or unlocked. The phone is locked to their network overseas. It needs to be unlocked here in Nigeria and yet there are no guarantees!

Or just buy from Canada next time, it illegal to lock phones to SIM. So it will come unlock.

DaddyJapan:
It is refreshing to hear such incisive analysis.
Kachikwu is right, we need to learn to separate #facts from #emotions.

What fact did he talked about? He didn’t even know the different between an Act and a regulation.

Ojiofor:


Work was put into other refineries across Nigeria too but they are not working I still hope for the best it does work.

Work was not put in those refineries. They are all running on inshalla, just like the rest of Nigeria.

Dangote has 4 cement plants operating at full capacity in Nigeria and 10 other plants operating in the rest of Africa, including in Cameroon, Congo, Ethiopia, Ghana, Senegal, Sierra Leone, South Africa, Tanzania and Zambia. All these were built in the last 2 decade. Why will anyone think that his oil refinery that was built with $20 billion won’t work? That’s just wishful thinking.

Ojiofor:


Inshallah.

There no need to inshallah in this case. Inshallah is for lazy people. The hard work required has been put into it, It has already started working and it will succeed 100%.

Ojiofor:


Is it working?

It would work

Nodogragra4me:



The only way for It to win, as we all wants It to , is for him to be truthful.


His AGO is not any better but he wants to sell a lie to Nigerians



The only way for him to win as he is presently is to be the president of Nigeria nothing else will give him that victory ...or he sells controlling shre to the president ....

It is a sin to allow him get away with murder

I have more faith in Dangote than in any other Nigerian institution, including journalists. He has repeatedly proven himself. He promised to make Nigeria self-sufficient in cement, and he delivered. He even expanded by building cement plants in other African countries, including Cameroon, Congo, Ethiopia, Ghana, Senegal, Sierra Leone, South Africa, Tanzania, and Zambia.

Dangote also vowed to build a refinery in Nigeria, and he has now established the largest oil refinery in Africa, located in Nigeria. This refinery will end decades of oil importation, which has been exporting high-paying jobs and taxes out of Nigeria. I am confident the refinery will succeed 100%. There is nothing anyone can do about it; they are merely fighting a lost battle.

Nwaikpe:




The same way you muslim animals8 said "MOST Americans support Hamas and Palestine" simply because of those north african and middle east islamic immigrant pigs that were protesting in America and the west, until America shocked you by inviting the Lord and slave master of Mohammed (Benjamin Netanyahu) and the WHOLE of America, represented by the Assembly, rose in thunderous ovation.

That is exactly what Christian America and Christian Europe stands for.

I feel sorry for you. I pray you are okay.

Nodogragra4me:



Shut up ..what do you know ? Ago of 85 density is almost dpk


He went and dumped premium ago in his tank for them to come and collect sample ...na today we dey this line of business


He forgot that for every vessel leaving his facility , the real quality assurance test result must be issued and this can be done in any depot lab again and again


Every depot owns a lab ....It doesn't cost billions to own one ..a room and small teeth tubes

Fools will right against their saviour

One thing I know. Dangote refinery will win no matter the level of propaganda against it. Its just make so much sense that it succeed and anything against that is swimming against the tide. Eventually, they will get tired and drown. It’s natural

Nwaikpe:



Its the same you supporting Hamas.

Its the same you that will look away at DOCUMENTED Hamas inherent islamic nature yet, blame the Jews for the defending themselves.

So, you don't deserve any attention.

What does Hamas and Israel have do with Nigeria and Dangote?

BTW, my view on Israel-Palestinian conflict is in line with most people in the world.

Realtord43:
I really don't know your grudge with what I said, it's not like am against Dangote for investing in oil production, am just saying he is not innocent in all this drama unfolding

My point is that we need to give Dangote some slack. GEJ gave a lot of companies license to build oil refinery in Nigeria. Most of them did not or intend to build any, they just want to continue to import.

And on the point that he is not innocent, no business man with the type of investment that Dangote has will not lobby government for favourable operating conditions. This is justified and needed in Nigeria’s peculiar situation.

Realtord43:
Go and ask Emefiele how Dangote was able to sources Dollar and at what rate he got it to build the refinery.

Or you think other wealthy Nigerians can't build a refinery if the can get the massive support dangote always get from the federal government.

And so? He is building a $20 billion refinery in Nigeria! He needs all the help he can get. It’s not like is taking the money ti Dubai as some of our leader do. Other countries are even handing out money to entice companies to invest in manufacturing and create jobs. For example, Canada has handed over $15 billion+ to Toyota and the likes to help create 3,000 jobs in EV manufacturing. You are here pointing out rubbish you read on social media.

Realtord43:
Dangote is a Rogue Business man no thought but, Tinubu cabals are just trying to fustrate him from been a sole fuel seller in Nigeria

A rogue business man who built $20 billion manufacturing facility in Nigeria? If we have 10 of such rogue people, many Nigerians will have good paying jobs and Nigerian manufacturing ecosystem will be a lot better.

aminulive:
POLITICSNIGERIA.COM

“In terms of quality, when we started, our quality was about six hundred to six fifty ppm, the ppm was one of the best in terms of quality at the time we started. But as of today, we are at 87 ppm. And you can take a sample on Monday. By Monday, we will be less than 50 ppm. By the beginning of August, we will be at 10 ppm.”

“In terms of quality, nobody can produce anything better than us. I just got the result from our official 5 minutes ago, we are now down to even 32 ppm,” – Aliko Dangote (Credits: Nairametrics)

In the heat of his bickering with oil sector regulators, Aliko Dangote, CEO of Dangote Refinery, claimed that the diesel fuel produced by his refinery had low sulphur content.

Speaking to Newsmen last month, he claimed that product from his refinery was of impeccable quality, However, a cache of official documents exclusively obtained by POLITICS NIGERIA reveals that Africa’s richest businessman may have misrepresented facts and possibly manipulated information.

Following a comprehensive analysis of data sourced from certified laboratory results and delivery records, this newspaper can authoritatively report that the diesel fuel from Dangote Refinery contains high sulphur content—at least 400 percent higher than European Union (EU) standards.

Mr. Dangote recently accused major players and regulatory agencies of sabotaging the $19 billion refinery’s efforts to secure necessary feedstock for its operations. In response, Nigerian Midstream and Downstream Petroleum Authority (NMDPRA) CEO Farouk Ahmed stated that Dangote’s fuel has higher sulphur content, a harmful element in crude oil. According to him, the Lagos-headquartered refinery and other modular refineries produced diesel with sulphur content ranging from 650 ppm (parts per million) to 1200 ppm.


https://politicsnigeria.com/exclusive-how-dangote-deceived-nigerian-lawmakers-diesel-quality-worse-than-presented-docs/

I hope you and the reporter got paid handsomely for doing this. As they say, ‘the cartel in oil is worse than that in drug business’

vowiski:


Go and give it to them

That’s the official stand of even the US and the UN. Taiwan has only two choices here, declare independence from China or surrender to the mainland and get absorbed.

Cmanforall:


Will she win a medal?

This is a mor.onic statement. Do you think it is easy to qualify for an olympics?

1stGenAmerican:


Everyone where, in Nigeria? Because here in America, we’re doing no such thing. We showed the world that we didn’t want Trump in 2020 and we’ll do it again in November.

Kamala will not win this election. Just as the case with Hillary, she will lose. Forget all the hype in the left wing media.

All left wing media, which a lot, will be awashed how great Kamala is. That is what they do.

Fineman2:
This is hilarious


Such selfless act from president Biden, something Donald trump will never do

Nothing selfless about this, he was clearly forced out. He had no options.

Racoon:
This capitalist has been enjoying corruption structure the skewed and defective Nigerian system has given to him before now. He seems to have fallen from the power play then he has started screaming how bad the same structure has been.

Your comment makes no sense. The FG is suppose to create enabling environments for companies that invest in the country and create jobs. That’s the responsibility of the government. We need people like Dangote to build industries in Nigeria but we don’t have any.

googi:
People have short memories. They forget that Trump was a payback backlash for electing Barak Obama.

Biden defeated Trump because they preferred another white guy to him. It does not matter that those who think this way are not majority of Americans but enough to decide who becomes elected.

Kamilla Harris should be the obvious choice but if Biden withdrew, the so-called independent voters will push Trump in again. If they think Biden is too frail, wait until after election to push Kamilla in.

Be careful of what you wish for.

If Biden stands for re-election against Trump, he will lose. There is no way he can win as he is and his condition will not get any better.

atobs4real:
I thought as much. When I said it on this forum, one unknown person just harassed
No better only me waka come
.

Stop repeating mor.onic things. The fact that someone was kind enough to point it out to you should have helped you minimise the embarrassment in a public forum.

treesun:
There was a country, Mexico is better now!

Are you comparing Nigeria with Mexico? There is no country in Africa that is better than Mexico. Are you kidding? MSM is a cancer.