Because of the appreciation of the Naira.

Not because Alhaji has done anything.

All the man does is profiteer and launder the money of corrupt elements.

Paraman:
Though I disagree with that guy quoting outrageous price, retailers can fix any price they want.

There is no difference btwn you and the guy you disagreed with ...
There is something called Profit Margin, which is computed from production cost,
no retailer can just wake and sell Coke/pepsi for 500 except lounge & 5 star restaurants

E.g Fuel pump price is #620 at filling station, but the retailer in my area from keg sells @ 660 .. meaning her profit margin is guided

iamtoofan:



There is no difference btwn you and the guy you disagreed with ...
There is something called Profit Margin, which is computed from production cost,
no retailer can just wake and sell Coke/pepsi for 500 except lounge & 5 star restaurants

E.g Fuel pump price is #620 at filling station, but the retailer in my area from keg sells @ 660 .. meaning her profit margin is guided

Is the retailer in your area not selling at the price he or she want?

ufotunang:
.. government has no business in bussiness..the role of government is to provide a conducive environment for bussinesses companies industries to thrive..it's the private sector that can operate and run bussinesses effectively and maintain the bussiness

The way you're doubting the PH refinery will work is the way some people doubt Dangote refinery will work.

i told someone this dangote refinery na another monopoly, the person was calling me an ignorant !

see as the money just make price of diesel

those GOVERNMENT refineries will not do anything. they are just lying

Paraman:
The way you're doubting the PH refinery will work is the way some people doubt Dangote refinery will work.

Lizzysamuel:


You mean the refinery they promised us would come up almost a month ago?

You guys called PDP evil party and shouted GEJ must go when diesel was 250.

But you're here celebrating N1000 and you call yourselves patriotic NIGERIANs? Lmao

And how did u know that he was part of the Pple that called GEJ evil?

Max24:

Some people won't be happy as you are listing these good things within one year of Tinubu's administration ooo. They prefer we list negative things. Meanwhile, we are not hearing anything from their region apart from the gutters that Otti is building. How many km of gutters has he done now?

Don’t mind those one. Nobody Dey take them serious again.

jmoore:


The kid in your name is for obvious reason, stay away from political discussions.
Diesel was never subsidized under Buhari.

yes because it is only Buhari hmthat has been our president.....

nedu666:


What rubbish is this one typing. When did dangote start selling diesel?

2 weeks ago Marketers were asked to load at 1200 which crashed the price in.....and now it's 1k.....or you think he just started loading yesterday?

Produxtion!!!

Move the country from consumption to production!

Lithiumite:


Tell us a better way the Forex harmonisation and subsidy could have been handled.

ValarDoharis:
Produxtion!!!

Move the country from consumption to production!

And in your supposed wise opinion,you think Nigeria can achieve the level of industrialisation it requires within 4 or even 8 years?

Do you have any idea what china went through to get where they are today.....if govt were to begin to implement something close to that, u will be the first to lampoon govt

nedu666:


Diesel stopped being subsidised under Obasanjo. Say what you know

phased removal.....which is why every govt that came after him can claim they did the same thing.....if it was a complete removal Inflation would have skyrocket and killed his govt.....even up until his last day in office he was still removing subsidy

Production = Industrialization?

How about massive agricultural production for a start? Petroleum products production?

Lithiumite:


And in your supposed wise opinion,you think Nigeria can achieve the level of industrialisation it requires within 4 or even 8 years?

Do you have any idea what china went through to get where they are today.....if govt were to begin to implement something close to that, u will be the first to lampoon govt

jmoore:


The kid in your name is for obvious reason, stay away from political discussions.
Diesel was never subsidized under Buhari.

Obj constituted a phased removal.....which is why every govt that came after him can claim they did the same thing.....if it was a complete removal Inflation would have skyrocket and killed his govt.....even up until his last day in office he was still removing subsidy

burp18:
We should expect even more reduction in the price when the port Harcourt refinery kick starts.

When will port Harcourt kick ground like a dying horse.

you are just on point to what am thinking. Aliko dangote has been milking Nigerian Economy dry. he is the brain behind suffering Nigerians in the name of Providing solution. Untill the final price for the final consumers is known this is not worthy to celebrate.

nedu666:
What are you celebrating? Dangote deals with wholesalers or major distributors. If he sells at 1k to them, how much will they sell to retailers and how much will retailers sell to final consumers. Las Las price will still come up to 1400 or 1500. Outside lagos 1700 or 1800. So what are we celebrating

SmartyPants:


It was Dangote that hiked diesel price before?

He determines the economy food, goods, cement if you know you know. Monopoly way

Africa richest my foot