CharleyBright:
Ok.
At what price are Nigerians still buying Fuel??
Has the price gone down below N1000 per litre yet? Why should we celebrate Dangote or PH refinery if we are still paying more for PMS

There was so much hype about Dangote refinery and how it was supposed to be the game changer that will ensure steady supply of fuel and crash in pump price.
Alas, Dangote Refinery came along and the reverse was the case - with spike in pump price amidst controversies. It was far from expectations as Nigerians were made to pay even higher despite products being refined locally and costs reduced.

Now it is PH Refinery being touted as the game changer to crash price and ensure only God knows what in the Petroleum sector!!!!

The dominant question is :
Why are Nigerians being forced to buy fuel over N1000/ per litre even when the products are refined locally?
There is no way fuel should cost more than N500 per litre in Nigeria given that we have the crude and we are refining locally.
Infact, if govt want to decide to refine crude and sell PMS at N300 per litre, it can. But some wicked criminals in govt want to milk Nigerians and won't allow that to happen.
The fact remains that Nigerians are being scammed by both Dangote and the FG.

Dreal1247:
We shall know the truth later after the accusations and counter accusations about the authenticity of the operations of the refinery.

PressMyButton:

OBJ did turnaround maintenance, no refinery worked till he left office. GEJ did turnaround maintenance, no refinery worked till he left office. Buhari did turnaround maintenance, no refinery worked till he left office.

After God, na Tinubu. God bless Nigeria

CharleyBright:
Ok.
At what price are Nigerians still buying Fuel??
Has the price gone down below N1000 per litre yet? Why should we celebrate Dangote or PH refinery if we are still paying more for PMS

There was so much hype about Dangote refinery and how it was supposed to be the game changer that will ensure steady supply of fuel and crash in pump price.
Alas, Dangote Refinery came along and the reverse was the case - with spike in pump price amidst controversies. It was far from expectations as Nigerians were made to pay even higher despite products being refined locally and costs reduced.

Now it is PH Refinery being touted as the game changer to crash price and ensure only God knows what in the Petroleum sector!!!!

The dominant question is :
Why are Nigerians being forced to buy fuel over N1000/ per litre even when the products are refined locally?
There is no way fuel should cost more than N500 per litre in Nigeria given that we have the crude and we are refining locally.
Infact, if govt want to decide to refine crude and sell PMS at N300 per litre, it can. But some wicked criminals in govt want to milk Nigerians and won't allow that to happen.
The fact remains that Nigerians are being scammed by both Dangote and the FG.

https://newtelegraphng.com/pms-nigeria-needs-intervention-in-forex-to-slash-pump-price-to-n600/

PMS: ‘Nigeria Needs Intervention In Forex To Slash Pump Price To N600’

The Vice President, Crude, Argus Media, James Gooder, has said that fuel pump price in Nigeria can only reduce from the current price of over N1,000 to N800, N700 or N600 with better foreign exchange rate.

He noted that though crude prices at the international markets are failing, the price of fuel would still be high when calculated with naira/ dollar exchange rate.

He, therefore, said necessary measures should be taken to address the high conversion rate of the naira rate to the dollar so as to substantially reduce fuel pump price.

He spoke yesterday during a quarterly press webinar organised by the Major Energies Marketers Association of Nigeria (MEMAN) titled: ‘Market trends, transparency and fair pricing.’

The session was meant to provide valuable insight into the factors shaping fuel pricing, from global crude oil dynamics to local landing costs.

He said that with the resumption of operation by the Port Harcourt Refinery and the continued operation of the Dangote refinery, there will be product availability in the country. He also said that health competition would force down prices of petroleum products.

Gooder said: “We have heard that there is some discount being applied to the ex-depot price from Dangote. That suggests that they are becoming aware that they are in a competitive market.

Iykopee:
In Nigeria, if you blend C5 with naphtha it's called refining hence the refinery is producing petroleum products.

PressMyButton:

https://punchng.com/ph-refinery-200-trucks-load-daily-150000bpd-eleme-plant-dormant/

Okoroawusa:
Shame to Saharareporters

Shame to enemies of Nigeria

Proudlyngwa:

Remove the Bright from your moniker

sulaak:


Bro, the price of PMS depends on the value of the Naira/Dollar exchange rate. Take your complaint to the Tinubu government, which devalued Naira and your purchasing power.

CharleyBright:


I never knew ngwa people are this dumb.
Werey Oloshi

Hezzyluv:
Them don carry Dangote handicap.

PressMyButton:

OBJ did turnaround maintenance, no refinery worked till he left office. GEJ did turnaround maintenance, no refinery worked till he left office. Buhari did turnaround maintenance, no refinery worked till he left office.

After God, na Tinubu. God bless Nigeria

Hezzyluv:
Them don carry Dangote handicap.

AerialMapper:
Dangote built a refinery, the time frame between commissioning and the commencement of lifting By trucks was a few weeks if not months... but NNPCL completed maintenance, "refining" and lifting commenced on the same day!

Nigeria Air Pro Max

Okoroawusa:
Shame to Saharareporters

Shame to enemies of Nigeria

AngelicBeing:

gare:


I dey always smell the shit l carry for yansh because I am an idiot and a mugu