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Politics › Re: NNPCL Denies Stopping Fuel Imports by Aprocco: 8:59am On Nov 15, 2024

God bless NNPC.

"You cannot legislate patronage under Deregulation. Local refiners must compete with pricing and value

Christianity Etc › Re: Oil Cabals Working Against Dangote Refinery – Pastor Adeboye by Aprocco: 2:03pm On Nov 13, 2024

It's actually more complex than that my Daddy.

There was a Regulated regime where prices were fixed and subsidized to ensure affordability. Now in a Deregulated regime, prices are supposed to be determined by market forces, where demand is chasing cheapest price and Supply is chasing highest price.

If there's no alternative for consumers to choose from Dangote would maximize profit at the expense of the populace. Imagine him saying I am benchmarking International Price rather than Cost to fix my own price.

Dangote actually has all the leverage to sell at N600 but wouldn't do so unless forced by competition.

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Politics › Re: Refiners Oppose Petrol Import Licences To IPMAN, PETROAN by Aprocco: 7:23am On Nov 10, 2024

NastiLord:
Who are refiners in Nigeria? Just tell us it's Dangote.

This back and forth games the oil cabals are playing with Nigerians can only happen in a country where the president is either a rogue or probably a member of the oil cabal.

There's no light at the end of the 'toilet' unless Tinubu is removed

You have hit the nail on the head by calling shovel its name.

1.Dangote is the Refiners Association
2. The unthinkable situation is allowed only because our president is both a reputed rogue and a vested member of the cabal- Oando
3. His removal might be the only respite of the poor. Looking at the present National Assembly & INEC, we'd rather cry to God who removed Abacha and Nebuchadnezzar.

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Politics › Re: Refiners Oppose Petrol Import Licences To IPMAN, PETROAN by Aprocco: 6:59am On Nov 10, 2024

Refiners oppose ease of the masses suffering?
Are refiners the Regulators?
Are they opposing Deregulation?

Health › Re: The Return Of Kwashiorkor by Aprocco: 5:33pm On Nov 09, 2024

To imagine that the only beneficiaries of the myriad of calamities facing the whole nation are owners of
1. Hitech, construction company in charge of Calabar Highway and
2. Dangote refinery.

All for Flex and cronies.

Health › Re: The Return Of Kwashiorkor by Aprocco: 5:24pm On Nov 09, 2024

ednut1:
May it not be well with supporters of Tinubu

Let's redirect it to Tinubu and pardon the repentant sinners for the avoidable mistake.

Car Talk › Re: Bayo Onanuga Reacts To Reports Of Malaysia Phasing Out CNG Vehicles by Aprocco: 7:30pm On Nov 07, 2024

EKONGKING:
Atleast 40 percent of Keke in India runs on CNG,that's almost 3 million vehicles .

Statistics without source! Like Dangote that opens his mouth to churn out false data about how cheaper Nigerian fuel is than Saudi, or how any fuel cheaper than that of his refinery is fake.

Politics › Re: PETROAN: Dangote Substandard Allegation, Attempt To Suppress Competitors by Aprocco: 12:28pm On Nov 05, 2024

Emzedz:
Dangote is a serial monopolist that is ready to frustrate other competitors.. ask ibeto cement n flourmills n others..
I can only imagine how all d fuel imported before now suddenly turns fake..
do u know how severe n subjugating these allegations are.. is it because its nigeria.

Fuel Dangote's father has used before he was born. Fuel that has never spoilt our vehicles or generators since we were born.

Google what he said about other salt brands when he rolled out his brand. He said other salts are not iodized and not fit for consumption and I sighed.

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Politics › Re: PETROAN: Dangote Substandard Allegation, Attempt To Suppress Competitors by Aprocco: 12:22pm On Nov 05, 2024

HgAkpobomeEr:
The Dangote refinery is a blessing to Nigeria and should be supported by all stakeholders.

How much more support can Dangote refinery get?

It's FX allocation to build the asset was at concessionary rate. FG contributed about 20% of its equity. Against the interest of all IOCs who pay for everything in USD, the industry was directed to sell Crude to Dangote in Naira.

If Dangote wants more support, let him ask. What is offensive is to seek to be the only seller in a deregulated market. If he still requires more concessions to be able to sell lower than competitors that accrued freight and Foreign currency cost, let him ask.

But it calls for concern that your product cannot compete locally or even internationally, except in a market where you are the only seller.

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Politics › Re: Dangote: The Case Against High-Cost Fuel For Nigerians by Aprocco: 8:27pm On Nov 04, 2024

CaptainGo:
Why not go and build your own refinery so you can charge whatever amount you want?

1. Dangote is not the only person with license to refine oil in Nigeria.

2. You guys have no idea how much he is buying crude oil, plus the cost of refining etc.

3. Government has promised but failed to fix Nigeria's refineries after sinking trillions of naira into it?

4. If an individual like Dangote can build a refinery, what is stopping FG, State governments, and other individuals from building theirs?

But na Dangote be your problem.

Answer-
Why can't Dangote leave other sellers to import in peace while he exports as he has severally threatened and even earn FX proceeds.

Why can't he export? Are his products too expensive for international markets?

1. Can he allow holders of import licence sell in peace so that hapless Nigerians can buy whichever product they can afford?

2. If the importers who buy with FX, accrue freight are able to sell lower than him who buys in Naira and has incomparable freight cost, let him sell his refinery to those who understand the business.

3. It's not a permit to restrict Nigerians to a single seller they cannot afford.

4. Dangote's refinery is a private business, petrol is a public good Government must ensure affordability to the most vulnerable Nigerian either by building refineries, licensing private construction or trading.

To aid the local refinery, Government has allocated FX at concessionary rate, contributed equity, sold crude in Naira, etc to give Dangote the competitive edge,
Government also has an obligation to ensure there's no monopoly so as not to allow profit motive of a man who wouldn't mind recouping $20B investment in 6 months override the survival need of the populace

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Politics › Re: Dangote: The Case Against High-Cost Fuel For Nigerians by Aprocco: 8:08pm On Nov 04, 2024

EnemyofGod3:
Shut up if you don't have any reasonable things to say.what has average Nigeria get from the fuel subsidy remover money ? What has Nigeria benefits from the money generated from subsidy remover ? Nothing.all the money generated from the fuel subsidy is being shared among the elites, nothing for the poor masses.is it not all of us enjoy the fuel subsidy than to few people sit down and be sharing the money generated from the fuel subsidy remover ? Stop defending nonsense.

There's one benefit. Coastal road awarded to Hitech rumoured to be owned by Tinubu. That project about the combined size of 36 states budget was not competitively bided for.

The general pain of subsidy removal looks to have yielded private benefit.

Politics › Re: Dangote: The Case Against High-Cost Fuel For Nigerians by Aprocco: 7:44pm On Nov 04, 2024

CodeTemplarr:
Nigerians in their induced entitlement state now demand accountability from private individuals instead of public office holders and top civil workers like Kyari of NNPCL.
What happened to state owned refineries? Lets start from there.
Secondly, how much is crude sold to Dangote, below international price?
Thirdly, why is Dangote's direct price to trucks N11 lower than NNPCL's price to trucks from same refinery? Where does the N11 go to?

Mr. Senseless,
Nigerians demand accountability for its resources sold to Dangote on the most liberal concession since the discovery at Oloibiri

Nigerians demand accountability for the FG's succumb to Dangote's desperation to determine price in a deregulated market.

Nigerians demand accountability for Dangote's attempt to usurp ALL regulatory functions of the industry. A single seller wants to discredit the quality and price of other sellers but would not state its own price.

Examine Dangote's positions
1. If you don't cooperate with me, I would refine and export to other market.
2. NNPC lied that it lifted our products at ₦898.78.
3. The products lifted at our refinery at ₦898.78 is an old stock, prices would drop by the time we commence Naira for Crude

Ask yourself
1. If his products are fairly priced, why can't he export as he threatened and even earn FX instead of forcing it on Nigeria.
2. What's difficult about stating one's price in a free market
3. Unprecedented Naira for Crude concession that is already causing divestment of IOCs has commenced, and Dangote price is no longer ₦897.78, it's much higher.

Like Petroleum Like Cement, BUA a much smaller manufacturer declared he could sell cement at ₦3,500 at a profit, but Baba's price remained on the roof and eventually frustrated BUA's good intention to make cement affordable for everyone, same way he is frustrating IPMAN.

Politics › Re: Dangote Refinery Dismisses Allegation Of High Petrol Price by Aprocco: 7:23am On Nov 03, 2024

What is so difficult about naming your price?
Price and Quantity are the determinants of Demand in any Deregulated Market not Government directive

Business › Re: 20 Units Of HOWO Trucks Available For Hire/lease by Aprocco: 7:40pm On Oct 30, 2024

I have a 3 months offer for you across the federation.

Call 08077417013

Politics › Re: Fubara Is PDP’s Leader In Rivers, Not Wike – Bode George by Aprocco: 12:34pm On Oct 08, 2024

Shadomaan7:
Bode George is an elder statesman but he should stop being petty. Wike is a former governor, former senator, current minister, how can he be under a sitting governor?

It's like saying Why should Tinubu be leader of APC when Buhari is the former president. Former Governor Wike's place is where Jonathan is, Odili is, Amaechi is.

Incumbent highest office holder is the leader of any party.

Politics › Re: Rivers Crisis: I’m A Bit Concerned Tinubu Mentioned Only My Name, Says Fubara by Aprocco: 10:18am On Oct 08, 2024

CyrusVI:

Who is the State CSO?

Its unreasonable to mention Wike thats in Abuja in such case and I dont see anything wrong in what PBAT did

You are responsible for your state,bro.

It's the height of irresponsibility from Tinubu to mention Fubara's name.

We understand Fubara's role in conducting local government election, Tinubu also acknowledged violence and vandalism over Fubara's conduct of the election; to which he charged aggrieved party to go to court rather than resort to violence.

By mentioning Fubara, was he suggesting that Fubara is the one at war with himself over the election he conducted to the extent that he started burning houses and killing people.

If Fubara is the cause of the violence, where did the APC & PDP protesters who threatened violence on the eve of election retire to?

Tinubu is complicit through his appointed minister aided by his IGP that downed tool to aide the threatened violence on the eve of election and he had temerity to call Fubara to give peace a chance.

Politics › Re: Video Of The Ikwerre Local Government Set Ablaze By Thugs by Aprocco: 4:51pm On Oct 07, 2024

Tinubu allowed this. This is a hotspot that took several regimes and even global community to stabilise.

Can we manage to add militancy to current Ipob, bandit, bokoharam security challenge? See what Police has turned to, even in Edo.

Politics › Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Aprocco: 6:37pm On Sep 27, 2024

Typical of a criminal capitalist!

Why should cement be that cheap in Nigeria
Oil cabal is stronger than oil cartel, they want to sell at a lower price than my company
Ban oil Importation
Remove subsidy and let Nigerians buy at Saudi rather than Lybia price
NNPC could subsidise my company products.

My interest over the masses.

Politics › Re: Aliko Dangote: Our Petrol Price Is 15% Cheaper Than NNPCL’s Imported Fuel by Aprocco: 9:06am On Sep 24, 2024

INTEGRITYA1:
Dangote should be bold enough to put the price on the Company website, why so much secrecy in all these.

He claimed his petrol is 15% cheaper than the imported one but that didn't reflect in what we are seeing out there rather we are buying at the higher price more than the imported ones.

God bless you sir.
What's so difficult about stating the price of your product?
Why are you more concerned about the cost of another traders importation, or the quality of other independent marketers.

Tell the quality and price of your own product and let consumers decide.

Yesterday some people came to ask Government to pay subsidy to a private company even when it has removed same subsidy from NNPC goods.

It's just been ridiculous.

Politics › Re: Govt Interventions Can Crash Dangote Petrol Below N600/litre – Refiners by Aprocco: 7:24pm On Sep 22, 2024

Refiners association are not making sense again o.
President announced deregulation day 1. Country stopped subsidising even it's own NNPC products and Refiners is calling for Government intervention in the products of their private companies for their own private profits.

If Government has deregulated to allow importation for competition, if refiners are unable to match the price of importers let them export and go and sell to the various markets without subsidy across the world.

It's dubious to produce products where you expect to be the only seller, the only dictator of price and expect a Government that has withdrawn subsidy from a public (NNPC) good to pay same into Private pockets.

It's an extremely unfair suggestion to a greedy end.

1 Like

Politics › Re: Dangote Officials, Refiners Tackle Marketers Over Imported PMS by Aprocco: 11:26am On Sep 20, 2024

tete7000:
It is not Dangote raising the price, it is the government removing subsidy. Govt can buy from Dangote and sell at subsidized rate. You are mixing things up. All along the price has been high, but for subsidy.

Nooo sir,
Don't return us back to Egypt. Subsidy is gone for good. NNPC sold for N586, some other marketers sold at N850. Dangote came in at N1,000.

We're in a deregulated regime. Let Government not subsidise for any seller. Let buyer be free to patronize whichever seller meets their need (price or quality). Dangote also has a right to demand tax and duty waivers to be able to force his price below Importer's product.

That's the only way consumers can win.

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Career › Re: I Can't Feed My Family Again; I Make N20,000 Daily But Spend N17,000 On Fuel by Aprocco: 10:18am On Sep 20, 2024

Imagine the hardship Nigeria is subjected to all in a bid to support a single Capitalist's project. Fuel we were still buying N586 just 2 weeks before Dangote own com

I remember his rhetoric about the quality of salt we have been eating when he rolled out his own. The only answer is a free market. Let Nigerians be free to choose between Dangote's quality N1,000 fuel or the fuel we have been using before Dangote's father was born at N586.

I am sure Dangote can't export his fuel anywhere. Business wey dey take others 10 years to recoup investment, Mr. Aliko dey run am with us for 6 months. I go bend if e fit carry him fuel go force foreigners the way hin dey carry Nigerians do thru Political influence all this year's.

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Politics › Re: Dangote Officials, Refiners Tackle Marketers Over Imported PMS by Aprocco: 10:06am On Sep 20, 2024

tete7000:
So to you it is better to import and kill a local industry that employs thousands of Nigeria?

Please let a local industry die so that 300 million citizens can survive.

It's Dangote's right to ask for tax holidays, duty waivers, etc to be able to compete favourably but to suggest a ban of cheaper option that bothers on livelihood of 300 million people in the interest of one capitalist's profit is evil.

How many people do you imagine die daily because they can't afford drugs, food. How do indigent pupils continue school. Add the multiplier effect of Dangote's N1,000 fuel to their trouble.

Nigeria supported with equity, supported the same project with unprecedented concessionary dollar allocation, and must now support it with the blood of its citizens.

Let the project die already if it has to please.

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Politics › Re: FEC Will Determine Price Of Our Petrol, Says Dangote by Aprocco: 1:50pm On Sep 04, 2024

Products have already entered at N897.
Same ol same old. The Monopoly that the gentleman frowned about .

Since we've been buying imported fuel, we didn't pay more than N568, Who Dangote refinery come epp now, Dangote or Nigerians?

Same arranged entry into cement industry that took the price beyond the masses' reach. Capitalism over social justice!

Let Dangote compete with Independent Marketers, Importers and other refineries so that Nigerians can choose between the Dangote- transparent quality fuel or the cheaper fuel our cars have been used to. If Dangote sees the need to gain price advantage, let Government give him tax/ duty waivers that would even bring his own price to N400 instead of killing cheaper importer- competitors

We can't all live on Dangote slab without option?

3 Likes

Family › Re: Lagos Drives DNA Testing Surge In Nigeria, 27% Of Paternity Results Negative by Aprocco: 9:02am On Sep 03, 2024

Kingpele:
Nawaoh....I don't know how a married woman should have the mind to open her legs for another man to sleep with her... our culture as Africans doesn't permit it and God himself as the creator of all things doesn't permit it either...so where do such women get the liver to cheat on their husbands...a man should be faithful to his wife or wives for Muslims and a woman should be faithful to her husband unconditionally...to avoid bringing disgrace to yourself when exposed through DNA test

It would have been nice to know the percentage of the couples who tested negative that are polygamists.

Person like Ned Nwoko go fit analyse things with 13 previous wives.

Sports › Re: Victor Osimhen: Galatasaray Reach Loan deal agreement With Napoli - Romano by Aprocco: 6:44pm On Sep 02, 2024

victory36:
Osimhen doesn't seem to have good advisers. He could have taken the Chelsea offer and build from there. With the way this is going, he might be forgotten in 4 years

Special adviser!
If Osimhen was your son, and Chesea offers him 40% of his current pay, you would advise him to snum Al hilal that offered him 400% for Shesea's 40%?

Osimhen's preference failed to materialize because Napoli greedily attempted to add $5m to the already agreed 80m.

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Christianity Etc › Re: Why A Private Jet Is Necessary For General Overseers by Aprocco: 1:07pm On Sep 01, 2024

StillDtruth:
So if indeed they were God sent, the whole world would come to them which is of course convenient and restfull rather than they fly gloriously all over the world, living abundantly whereas, their suppises sheep are hungry, sick, homeless and jobless.

Neither Christ nor the disciples did this but of course thieves carrying bibles would not like to see their plans condemned.

May you see the light of truth and salvation.
Same Jesus you quote commanded us to go to the uttermost part of the earth to preach the gospel.

Bible recorded many instances of Jesus, Disciples, Paul traveling on ships to minister beyond their borders.

These GOs you criticize have obeyed a commandment after God's heart and have so doing drawn your condemnation and consequent prize from God their sender. Just imagine what you have drawn for yourself.

May God show you mercy.

Travel › Re: Several Passengers Injured As Two BRT Buses Collide In Lagos by Aprocco: 2:01pm On Aug 28, 2024

There's nothing I fear pass BRT drivers on Lagos road. One still scratch my car last week, dey take I look me say I for crush am seff, on top my lane o.. So much impunity

Politics › Re: Ogun APC Bars Sectional Meetings Ahead Of Party Primaries by Aprocco: 11:23am On Aug 21, 2024

When Governor no get clout. Governor wey dey lose in polling booth dey fear fear! Gbefun! Gba foga e!

Celebrities › Re: Even If We Don’t Do Psquare Can’t We Still Be Brothers? Paul Okoye Cry Out (Vid) by Aprocco: 9:49pm On Aug 19, 2024

When EFCC enter Love develop. Make EFCC work fes.

Politics › Re: Senator Abbo: Politics Made Me Poorer, ₦29M Monthly Is Not Much by Aprocco: 12:30pm On Aug 19, 2024

Why is this statement so dull and even more annoying.
What's the public business about your personal worth. Is the Commonwealth of the N70,000 earning populace a compensation for your dwindled personal wealth.

Is this Sex- Senator sensible at all?

We're talking about National money, all of our money. His former wealth is a problem of his wife, children and intimacy gadgets vendors.

Politics › Re: Utomi is an enemy of Ogun State, has entitlement mentality - Ibikunle Amosun by Aprocco: 10:50pm On Aug 18, 2024

AfDapone:
this is because of unscrupulous elements entering into shady contracts can could put the state into unwarranted future liabilities. This is why checks and balances are important in governance.

The Man cancelled all contracts of his predecessor on the altar of Egba/ Ijebu ethnic supremacy battle. Let me explain to you-

Do you think Dangote refinery would put Ogun state into future liability or help fortune of the state? Just like he admitted not to have read the Chinese contract he signed as a Governor, he revoked the naming of Adebutu Poly only to realise the Billionaire was the one who donated the structures of the institution and even pays the salaries of all staff when Adebutu withdrew the gesture. He revoked the naming of Mike Adenuga stadium only to realise that the African sport icon had magnanimously entered a contract to maintain and develop the stadium, he revoked Airport city project with the excuse that the state had no funds only to be countered that the next phase was the counterparty's investment.

That man undid everything to get at his predecessor and to score unhealthy ethnic points over the Ijebus

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