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Nairaland Forum / Nairaland / General / Business / Dangote Set To Flood African Market With Refined Petroleum Products (20503 Views)
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Dangote Set To Flood African Market With Refined Petroleum Products by dre11(m): 10:47am On Dec 09, 2023 |
• Company says NNPC to supply next four cargoes in three weeks • Final shipment to come from ExxonMobil. • Refinery to load 2,900 trucks a day at its truck loading gantries • Dangote, Okunbor excited by significant milestone achieved • Tinubu optimistic of increased investments from SPDC • Insists all obstacles to investments now being removed by his govt Deji Elumoye in Abuja and Peter Uzoho in Lagos https://www.thisdaylive.com/index.php/2023/12/09/dangote-set-to-flood-african-market-with-refined-petroleum-products-sending-jitters?amp=1 15 Likes 4 Shares
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Re: Dangote Set To Flood African Market With Refined Petroleum Products by immortalcrown(m): 10:47am On Dec 09, 2023 |
Flooding Africa with fuel no be wetin I wan hear. Na de price I wan hear. Fuel is not scarce. Price is the problem. Him don already flood Africa with Cement but how many fit buy am? So, flooding Africa with fuel no be news. See how the game will play out. They raised fuel price from ₦200 to over ₦600 now. By the time Dangote starts selling, the price will be between ₦400 and ₦500 for the first few months. During that period, sycophants will say he has reduced fuel price. Each time they come up with the deceit, sycophants accept it. That's how they believed that the sale of NEPA will improve power supply. What has been happening since after the sale of NEPA? Artificial scarcity of prepared metres, outrageous bills for those billed with estimation, no rapid response for areas where estimation billing is dominant, physical abuse of Nigerians by the staff members of the electricity distribution companies, houses connected to electric polea are billed every month even if those houses experience blackout for a year. This is also how it is claimed that Dangote Refinery will make fuel affordable for Nigeria. How cheap are cement, salt, sugar and flour for Nigerians? This is how they claimed that border closure would improve agriculture and locally-made goods. What later came out of it? Notherners got a monopoly to use motorcycles to smuggle rice into the country. And rice keeps getting more expensive. That's how they applauded subsidy removal and claim to have been saving trillions of Naira since then but no improvement in the economy. 202 Likes 17 Shares |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by JASONjnr(m): 10:51am On Dec 09, 2023 |
This used to be a relieving kinda news until Ajuri told us that it wouldn't stop Dangote from selling petrol at expensive prices. What's the need for having a refinery if it's refined goods will be more expensive than imported refined goods? Why are we pumping billions to repair failed refineries when it's selling price wouldn't be any different from imported goods? 44 Likes 3 Shares |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by Norsemann: 10:55am On Dec 09, 2023 |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by tsdarkside(m): 11:00am On Dec 09, 2023 |
you guys are awaitin too much from dangote.... dont forget neighborin countries are countin on this refinery too.... i dont think price would drop that much or even atall.... saudi arabia just annouced they wan reduce production.... 9 Likes 2 Shares |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by LeonSaab: 11:02am On Dec 09, 2023 |
tsdarkside:we make it here....local consumption will come before export....and since the government owns 20% he dares not produce and prioritize export over local consumption 15 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by Ozommadu: 11:03am On Dec 09, 2023 |
Portharcourt refinery nko?? Abi una wan divert our attention away from tinubu's lies and deceit 19 Likes 1 Share |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by tsdarkside(m): 11:05am On Dec 09, 2023 |
LeonSaab: bwahahahaha.... you nigerians have this strange magic drum mindset.... i find it funny.... 15 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by LagosG: 11:07am On Dec 09, 2023 |
Abeg o! Charity begins at home 1 Like |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by LeonSaab: 11:08am On Dec 09, 2023 |
tsdarkside:okay....feel free to continue to import..... 3 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by tsdarkside(m): 11:11am On Dec 09, 2023 |
LeonSaab: look,i deal with facts not phantasies.... remember what was happenin when fuel was still subsidies by fg....?? people smuggled it across borders to neighborin countries.... what makes you think the circle could not start all over again when fuel is cheaper here....?? 6 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by DevilishMan: 11:11am On Dec 09, 2023 |
So how much will it sell? 6 Likes
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Re: Dangote Set To Flood African Market With Refined Petroleum Products by Soulsymbol99: 11:12am On Dec 09, 2023 |
immortalcrown: I no read am but I see say they avoided price. Dem no talk anything about price @least give people an idea of what the price will look like 6 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by abdeefggh: 11:16am On Dec 09, 2023 |
We need more refinery to start functioning 1 Like |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by tsdarkside(m): 11:17am On Dec 09, 2023 |
abdeefggh: spare yourselfs headaches....concentrate on supplyin the ol africa.... nigeria needs much more refineries.... |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by STEWpid(f): 11:22am On Dec 09, 2023 |
Chai.. Dangote & Stake/Shareholders are about to make more money.. But it would be better for Nigerians anyway.. Dangote of Nigeria Republique!! |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by datola: 11:22am On Dec 09, 2023 |
Nice. Though petrol price might not really come down but it will surely have so much positive impacts on the bleeding economy. Congratulations Dangote Congratulations to patriotic Nigerians Shame on you thieving politicians! 5 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by eepeepook: 11:22am On Dec 09, 2023 |
To broke no good. This is how children on Nairaland exist? No wonder you’re always angry. 1 Like |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by atobs4real(m): 11:22am On Dec 09, 2023 |
Will that change the price? If yes, thank God. If no, Bleep up |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by besayag: 11:22am On Dec 09, 2023 |
ALL THIS TALK LONG, SHEY IT HELP REDUCE PRICE OR NOT, IF IT DOESN’T REDUCE PRICE DEY ARE ALL BASTARD 2 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by RepoMan007: 11:22am On Dec 09, 2023 |
Brag-ado mentality. Flood ko tsunami mi. 3 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by jiz: 11:22am On Dec 09, 2023 |
Fake news ! |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by atobs4real(m): 11:23am On Dec 09, 2023 |
Will that change the price? If yes, thank God. If no, Bleep up The price is important. We about to move on |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by DARLINGTON869(m): 11:23am On Dec 09, 2023 |
Still won't stop Dangote from selling between 550-650 per litre. Man is already owing heaven and earth to commercial banks from loans borrowed over the years to finance the completion of the refinery. Reason why he's not yet being called out is because federal government have got a stake in the refinery. 9 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by erico2k2(m): 11:24am On Dec 09, 2023 |
immortalcrown:And even the cement is cheaper abroad 4 Likes |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by ceejayluv(m): 11:24am On Dec 09, 2023 |
He should exceed Nigeria's demand first. 1 Like |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by WealthyNigerian: 11:24am On Dec 09, 2023 |
Awesome!!! Just as said by BBC, Forex would massively flow into Nigeria and strength the Value of Naira unprecedentedly. In the next 6 months, expect Naira to become N500 to $1 or even less, BBC said it is guaranteed to happen as Tinubu focuses efforts on: https://www.nairaland.com/7929097/why-naira-stengthen-against-dollar 8 Likes 3 Shares |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by Ejebleje: 11:25am On Dec 09, 2023 |
Lool...from same refinery? Miracle! They've already used NNPCL to remind you "that refineries aren't for cheap petrol products" ,don't forget that NNPCL has a stake in Dangote Refinery. Stop watching legacy news media, you people won't hear. If you have family or a friend(s) working there, let them confirm to you whether they can actually refine fuel now, then you'll understand why Nigeria will not have cheap petrol even in the next 2 decades, unless of course subsidy is restored 3 Likes 1 Share |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by Splashme: 11:25am On Dec 09, 2023 |
OK oooo .... we're waiting |
Re: Dangote Set To Flood African Market With Refined Petroleum Products by Benwallt(m): 11:25am On Dec 09, 2023 |
immortalcrown: I support your position 5 Likes |
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