₦airaland Forum

nairalanda1:
Again fuel imported into Nigeria comes from two sources

1.substandard European refineries , mainly in the Netherlands and Belgium who refine poor quality cheap fuel and sell it to Nigeria and other African countries.

2. Malta where cheap sanctions busting Russian crude which costs less than 60 dollars a barrel is being refined into fuel

Landing cost of the imported fuel as at October 1 was 950. Dangote is offering ipman local fuel at 1028 max. Meanwhile NNPC is getting fuel from dangote at 898 per liter and it also plans to sell to ipman at 1000 or more.


Ipman decides it's time to keep on importong

Just for clarification purpose.....

There is nothing like substandard petroleum product or quality.
All imported petroleum products are subjected to analysis and meet nigeria current specification.

I am petroleum chemist working in apapa for more than a decade. I can tell you dangote petrol and imported one are of same quality. Because i have done analysis on both. Either from malta or euro.

Nigerian need to realize that dangote is a business man. And he want to make more money and remain afloat as the africa richest man. He will not sell his product for us below the international price. He would even want to control the price and sell it higher

Why is he finding it difficult to reveal is petrol price to the public.
It was when his refinery started operations that was when the price of the petrol move above 1000 naira per litre. Because he advise nigeria government to remove subsidies completely to favour him irrespective of what nigeria are passing through.
Nigerian must not allow him to monopolize the oil
And gas industry.

Let it be a free market. Nigeria is suffering already.
Nobody should take us to hostage.
May God help us.

easy94:
I use dollar card

Can you credit my account with 10 dollar and pay you in naira boss

All the time

God is good