Useless country and president.

Fuel has added #10 today, how will prices come down? Voodoo economics is what is going on

There will be no meaningful impact until diesel returns to 300 naira per liter.

Ofunaofu:


We are talking about price of diesel and aviation fuel, you are talking about car battery. How much was the 75ah car battery before Tinubu grabbed and snatch power

Ok, did you go to the filling station and the price of diesel did not drop as speculated or you just enjoy being pessimistic

As much as you want to clinch on to the fact that prices of commodities skyrocketed with inception of BAT you must also bow to the reality that prices of commodities are coming down ... from all indication things can only reduce the more

bobntu:
How come diseil I'd still sold at between 1350 and 1510 in ?

IPMAN said those are old stock. Same thing affecting price of imported goods in the market.

iamtoofan:




Ok, did you go to the filling station and the price of diesel did not drop as speculated or you just enjoy being pessimistic

As much as you want to clinch on to the fact that prices of commodities skyrocketed with inception of BAT you must also bow to the reality that prices of commodities are coming down ... from all indication things can only reduce the more

I have this quote for you

"Propaganda does not deceive the people; it merely helps the APC, Tinubu, those working with him, his apologists to continue to deceive themselves."

He should leave it at ₦400.

He is a monopoly

Still ports crude from the states

BigDawsNet:
Where is our 700😶

We have the raw crude Oil
We have the Refineries

I think we deserve cheap

and yet local airlines will not crash their price until Airpeace does it.

Good one Mrs petrol station are selling at 1000 when will other filling station start selling this price

Nice one

zionstaar75:
funny or dumb

Honestly speaking, I don't know. Their mata don tire me. Senseless comments most times

CodeTemplar:
bread makers. Manufacturers of goods, trucks, construction.


They all use diesel.

Just go and ask the price of bread, you know what I am talking about

TheBillyonaire:
There will be no meaningful impact until diesel returns to 300 naira per liter.

It can't unless there is subsidy

maasoap:


It can't unless there is subsidy

We expect our local refineries to be up and running soon, and we have the crude, so who are we paying subsidy to

Ofunaofu:


I have this quote for you

"Propaganda does not deceive the people; it merely helps the APC, Tinubu, those working with him, his apologists to continue to deceive themselves."

Suddenly you people have shifted from "we warned you", the latest obedient chorus of lamentation is "Propaganda"

Dollar and Diesel price is lesser than it was last week ... is it a Lie ??
The last time i filled my gas was @1500 and i just asked in my area its now 1200 ...how is that a propaganda, Rice is now btwn 50-60+ as against 90k .. where is the propaganda ?

If you chose to be bitter and blind to reality thats your cup of tea.

iamtoofan:



Suddenly you people have shifted from "we warned you", the latest obedient chorus of lamentation is "Propaganda"

Dollar and Diesel price is lesser than it was last week ... is it a Lie ??
The last time i filled my gas was @1500 and i just asked in my area its now 1200 ...how is that a propaganda, Rice is now btwn 50-60+ as against 90k .. where is the propaganda ?

If you chose to be bitter and blind to reality thats your cup of tea.

How much was the price of these commodities as at the time Tinubu snatched and grabbed power? 

You Tinubu apologists are brandishing these new prices as if they were the lowest ever in the history of this country. That's the propaganda. That's where our warnings have been made potent because we warned that Tinubu had absolutely nothing to offer. He is only coming to wreck this country and then employ propaganda. 

This quote is for you and your friends once again.

"Propaganda does not deceive the people; it merely helps the APC, Tinubu, those working with him, and his apologists to continue to deceive themselves."

Dangote is only looking for the costlier product. Diesel doesn’t have much market like fuel. Who will buy 1m litre of diesel and use 10 years to sell them?

That is great, with the improvement in in country refining capacity, is high time the regulator revisit the concept of AGO price being deregulated.
Perhaps price modulation should be introduce with a maximum cap!

Kenochi:
I told one of my brothers last week that Alhaji Dangote is on the Road to becoming one of the top 50th Richest men in the world,it is not matter of if but when,This is no longer a monopoly it is "totalpoly".The complete control of energy prices in Nigeria and West Africa has began
In Business you must have foresight,Mr Femi Otedola was one of the biggest importers of Diesel in Nigeria, when he saw that Alhaji Dangote was serious about building his Refinery,he quickly diverted and stepped out of the Business
OandO petroleum was one of the biggest players in the Downstream sector,they too like Mr Otedola quickly sold off all their assets and moved all their business Upstream,some investors who felt Dangote Refinery was a scam are now at the mercy of Alhaji Dangote
It is now a waste to even think importation because Dangote has covered his angles well and the competition will soon dry up

I am telling everyone reading this,that there is still room to invest along that Ibeju Lekki Industrial Hub,the door is gradually closing for new invsetors,visit my signature to learn more how you can invest along that corridor

It's not totalpoly, you can build your own refineries too. No one will stop you.

Nigerians will welcome any investment like refineries in the energy sector

I am already celebrating Tinubu in advance, because he's going to restore Nigeria's prosperity . Gradually things are beginning to fall into place, and we all should pray for our president to achieve all his set goals,not criticizing him everytime.
No president is perfect.
My Brethren from my SE,who are Zombiedent and brain dead will soon come for my head for supporting BAT.

TheBillyonaire:
There will be no meaningful impact until diesel returns to 300 naira per liter.

Desirable but not advisable or even practicable.

How many of our neighbouring are selling that low? If the differential across borders becomes too high, them we are giving room for smuggling to resume with the attendant scarcity

Ofunaofu:



How much was the price of these commodities as at the time Tinubu snatched and grabbed power? 

You Tinubu apologists are brandishing these new prices as if they were the lowest ever in the history of this country. That's the propaganda. That's where our warnings have been made potent because we warned that Tinubu had absolutely nothing to offer. He is only coming to wreck this country and then employ propaganda. 

This quote is for you and your friends once again.

"Propaganda does not deceive the people; it merely helps the APC, Tinubu, those working with him, and his apologists to continue to deceive themselves."

No one is arguing BAT took off on the wrong foot, we clamour we lambasted and majority of WE the agbadorians that voted BAT held him accountable ... they called us "ebi pa wa"

However since things are turning a new leaf, it only reasonable to be open minded to goodnews @least, or
if you see a propaganda point it out with Facts, for once make una dey do like say you go school, haba !

Ofunaofu:
When will the price reduction reflect on the streets of Nigeria

That's what Nigerians are interested in, not these rhetorics

Tell your greedy retailers to drop prices too. They are all reaping profits from the sweat of Nigerians

So it's dangote that should come and force those greedy market folks to drop the hike in prices? Wickedness of fellow citizens!

Ofunaofu:
When will the price reduction reflect on the streets of Nigeria

That's what Nigerians are interested in, not these rhetorics

Good. Better days are coming, so keep calm and hang on.

Hammylawali:


Tell your greedy retailers to drop prices too. They are all reaping profits from the sweat of Nigerians

They blame everyone else other than themselves. 

The greedy retailer floated the naira, they also remove subsidy which led to the price of a liter pms increasing by over 300% with its attendant increase in transport cost and high inflation rate

Honestly, I spit at your stupidity

Justbesure:

Very commendable, but which of these two is been consumed by common man, let the price of and products come down

it with the reduction in Diesel inflation will begin to come down....

TheBillyonaire:


We expect our local refineries to be up and running soon, and we have the crude, so who are we paying subsidy to

It can Only be possible if the production cost is below that amount. If the production cost is above, govt has to subsidise the production

What's the different between 1000 & 940, Nigerians get issues.

Ofunaofu:



They blame everyone else other than themselves. 

The greedy retailer floated the naira, they also remove subsidy which led to the price of a liter pms increasing by over 300% with its attendant increase in transport cost and high inflation rate

Honestly, I spit at your stupidity

It’s you who don’t have brain.it’s a shame your parents gave birth to an unreasonable child. Manufacturing companies, that depends solely on diesel fuel, are beginning to reduce their prices. Yet an idiot is telling me floating of naira. Product of a failed upbringing, you had better seek for knowledge. Rather than filling your skull with fake statistics and lies from your failed master

kareemkamil:
What's the different between 1000 & 940, Nigerians get issues.

Multiply the differences by the number of liters dangote will release in a week, then do for the month