God Bless Dangote
God Bless Dangote Industries Limited
God Bless President Bola Tinubu
God Bless Federal Republic of Nigeria

The effect on the economy is what I want to know and see.

shoodboi2:
Most marketers buy 33000 liters at once. One million liters would be over one billion naira.

Who is this guy looking to sell to? Cos I don't think he's selling to Nigerian marketers. Unless maybe major marketers.

But those ones will only turn around to sell to independent marketers who buy 33000 liters at once.

Middle man things 😂

some people will buy it for there personal use.... Like companies that have several branches

Eleporobi:
One million liters is not bad

Not good.

Unless you are a Major Player, this means he won't sell to you.

More middlemen means more Cost will be added.

1m litres minimum is close to a billion Naira. How many Filling Stations have that?

The Nasan is quoting a marketer

Very unprofessional news outfit

This is good news. I hope this will help to drive down the price of diesel.

shoodboi2:
Most marketers buy 33000 liters at once. One million liters would be over one billion naira.

Who is this guy looking to sell to? Cos I don't think he's selling to Nigerian marketers. Unless maybe major marketers.

But those ones will only turn around to sell to independent marketers who buy 33000 liters at once.

Middle man things 😂

NIPCO
BOVAS
MAJOR OIL

To name a few can do a million litres.

bekpo:


And they'll sell it as imported product!

Yes they would, because technically the refinery is outside Nigeria, the any product to leave the refinery they would pay import duties to customs.

So I don't think it will be that cheap, but the price would reduce because transportation is out of it.

Mrajipatula:
Finally diesel can drop to 500 chai e sweet me

Why not 100 to 120 it was 1- 2 years ago? Automatically inflation will crash, prices of food etc will drop, cost of services eg hotels, diners, manufactured items will crash, giving the naira more value.

Oghene86:


Yes they would, because technically the refinery is outside Nigeria, the any product to leave the refinery they would pay import duties to customs.

So I don't think it will be that cheap, but the price would reduce because transportation is out of it.

how do you mean the refinery is outside Nigeria ? Can you explain more ?

Yourprick:
Ok so how much is he now selling?

That is the koko.

swagifted:
some people will buy it for there personal use.... Like companies that have several branches

That's one angle. But I can't really think of any company that will want that much diesel at once. That's like 31 trucks or so.

I was thinking banks and factories but it'll be too much for them unless they pay at once and carry it in bits. Only a business or organization with large storage capacity will carry this much diesel at once.

That again goes back to the major marketers.

Hallelujah!!!

Piggggs won't like this

Lukuluku69:


Not good.

Unless you are a Major Player, this means he won't sell to you.

More middlemen means more Cost will be added.

1m litres minimum is close to a billion Naira. How many Filling Stations have that?

Small players should pull up money together and also buy.

Incomplete report.


For how much ooo?

miqos02:
how do you mean the refinery is outside Nigeria ? Can you explain more ?

A Free Zone is a geographically designated area deemed to be outside the customs territory within which national regulations to production and trade, the refinery is located in the free zone.

shoodboi2:
Most marketers buy 33000 liters at once. One million liters would be over one billion naira.

Who is this guy looking to sell to? Cos I don't think he's selling to Nigerian marketers. Unless maybe major marketers.

But those ones will only turn around to sell to independent marketers who buy 33000 liters at once.

Middle man things 😂

small marketers and depot owners buy more than 10ml litres sef. Not to mention major marketers

rman:


NIPCO
BOVAS
MAJOR OIL

To name a few can do a million litres.

They're the ones he's likely looking to sell too. Nothing concerns him with the smaller filling stations.

Does he mean for major marketers or fuel station operators? Many fuel station operators are banding together to by one 33000 liter of fuel wen be 650 na diesel wen be 1500 a liter person go buy 1 million liters?


Dangote take am easy na.

We thank God

He can't sell less than a thousand Naira per litre.

Rumour

shoodboi2:
Most marketers buy 33000 liters at once. One million liters would be over one billion naira.

Who is this guy looking to sell to? Cos I don't think he's selling to Nigerian marketers. Unless maybe major marketers.

But those ones will only turn around to sell to independent marketers who buy 33000 liters at once.

Middle man things 😂

I know at least five people who can buy that 1million liters if diesel.

It's nothing serious.

Eleporobi:


Small players should pull up money together and also buy.

Yes they can but they will also need to have bigger storage.

More cost will reflect on the final price.

Marketers will join hands and buy .. that's no problem.
..the problem is that this a very bad news for 😩 wailers

shoodboi2:
Most marketers buy 33000 liters at once. One million liters would be over one billion naira.

Who is this guy looking to sell to? Cos I don't think he's selling to Nigerian marketers. Unless maybe major marketers.

But those ones will only turn around to sell to independent marketers who buy 33000 liters at once.

Middle man things 😂

The Marketer are refered to deport owners

SalamRushdie:


Just look at low IQ working? Can you explain how Dangote refinery will reduce deisel to 500 per litre ?

Must you abuse to drive home your point.

Nonybb:
Dangote is one of the stubborn demon holding this country. I wonder why God bless such a wicked man. People don't know this man personally. I remember when Obasanjo favoured this evil genius and he got rich through monopolization; built his cement factory at Kogi. Yet after years of doing so, with FG refusing to allow others import cement, this Fulani evil has refused to crash the price of cement. Then came the Dangote refinery. Who told you people that this Fulani animal would make the product affordable and quench the price increase?

See painment

How does he expect a marketer in Port Harcourt who doesn't own a tank farm to buy 1million liters and use 25 trucks to risk driving from Lekki through our rickety highways to Port Harcourt? If he has tank farms across the country a lot of marketers have access to 20 billion and can buy 10 million litre at once.

Almaiga:


See painment

The like hearing bad news about my dear country Nigeria, why won't they be pained!!!