₦airaland Forum

That professor isn't truthful.
How can the drop be due to rise in demand?

In Nigeria if demand of a particular good is high sellers will increase price.

The drop is due to non monopoly of the product.


Why isn't kerosene that is not also subsidised cheap?


Petrol is expensive because nnpc are monopolising it.

Scorer of the most outrageous goals

solmusdesigns:
Are you just knowing Buhari is horrible when it comes to simple economics

The Naira Cash policy is still affecting people, then he failed to Budget for subsidy leaving Tinubu to clear his mess

The man na monumental disaster

solmusdesigns:
How do I explain this in lay man's term

Nigeria is in such a terrible financial mess that most of our earnings goes straight to debt servicing

We can't pay our debt and subsidize fuel without total shutdown

And buhari borrowed money to pay the poorest people.

But cud not borrow to repair refineries

Floppy disk

9jaRealist:
At least 28 licenses for private refineries were (or have been) granted going back to the OBJ administration…
This includes BUA, Orient, Waltersmith, etc. And is apart from the promised “4 Greenfield Refineries” by NNPC.

Dangote is not the only Nigerian with money…
But remains one of the few who invests in MANUFACTURING (in infrastructure-poor Nigeria), rather than trading.

All of the world’s biggest corporations/businesses take loans (or other debt capital)…
Nonetheless, loans are not given out for free, and with this refinery Dangote Group provided HALF of the funding.

Peculiar thing about Nigeria is the perchance to denigrate success (while often celebrating failures)…
If Dangote was a trader investing only in his own village or state (instead of across Nigeria/Africa), he’ll be venerated.
>

Am happy u mentioned that the licences were granted by nnpc the supposedly corrupt body.
It's like u fail to view dangote domination as monopoly and unfair business tactics.

If u believe dangote coughed out 9 billion USD of the 18 billion USD for the refinery then u can believe anything.


That's why I tell u that it's Monopoly.

There are many people of other tribes that can build refineries but for some reasons best known to whoever it doesn't happen


The day we have at least 10 refineries frm different people, that will be the day prices of things crash.

9jaRealist:
They are/were at least 28 licenses granted for private refineries BEFORE Dangote Group was granted a license…
>

So what happened to them?

Threats? Were they just formalities.
Or they decided not to go for it again?
Don't tell me they cudnt source for money o

SmartyPants:
Of course they are doing that. As we speak the process is ongoing and it was announced publicly.

Yes I heard about it last week or so.

Why haven't they granted other people licences for the past decades?


Ur guess if true, is as good as mine

N3TRAL:
The licenses are not granted free of charge. Not everyone has what it takes to get the license. If you're capable, you'll get the license when you apply for it.

Not everyone has what it takes

What about rumors of politicians owning refineries outside the country?

It's all political.
U can't tell me there is no one aside dangite that has the capacity to build a refinery

tsdarkside:
buildin refineries is not a small thing oo....

Which licences did they give out?
Or u think it's only dangote that has money?

By the way, u think he uses his money to build his business?

Don't u know banks are the ones that fund his projects?


As urself are there no mega billionaires in Nigeria that can get loans frm banks to build refineries?

U think even peter obi cannot build one?
Or atiku?
Or some state governors?

Why is it only Dangote? Ask urself that question first.

renderme:
This IMO state guy is just being partisan. Everyone knows BUA will also finish his refinery next year.

What are the other options this country has? Government can’t run any business. All their refineries keep swallowing money & is useless.

Subsidy is a pit that also swallows money wt no benefit for expansion. Subsidy is gone. The goal is increasing states revenue generation and providing a living minimum wage.

Why can't they grant licences to people to produce and sell?

Rayban25:
Exactly this is a welcome development.

Frsc self will be tired of inspecting vehicles e go be like holiday for them

U will be the first to complain when FRSC tells u ur bicycle tyres have expired

Same dino that baffed up in Givenchy and bling bling doing eye service with fake election protest?

Peppysco:
The guy replied you twice and countered you with valid points on both comments but you on the other hand, all you had to comment on both occasions were tantrums. If you know nothing about a topic, don't be the first to throw the punch cos you may end up beaten badly as is the case with your engagements with the Sabi guy.

Seconded

Did Atiku support him?

Sleekfingers:
How is that my business? If he likes, he burn all his money with 🔥


.

But u dey cheer the guy na

sprints1:
Messi to Am Hilal this week Benzema to Am Ittihad Busquet to join soon. Ronaldo is truly an inspiration that little dwarf called messi always jealous of Ronaldo ororo is an icon abeg.

Who tell u say Messi dey go Al hilal

Una dey underestimate inter o.

This inter no be inter of 4 months ago o

Allisgud:
na endorsement money from puma him just go waste like that,he knows if he go broke tomorrow he will fall back to his father

Exactly

hopefulLandlord:
Great people like Hillary Clinton can testify on the authenticity of TB Joshua. TB Joshua said she'll win USA presidential election and she won

His collapsed church building is another proof of his ability to see into the future with amazing accuracy. He would see North and South Korean presidents shaking hands having folowed the news but he couldn't see his own church collapsing and over a hundred dying in the process


His actions to cure Ebola in Sierra Leone is another testament. While scientists toiled day and night and burned through resources in search of Ebola cure to help Africans and the human race, Joshua simply sent prayer water to Sierra Leone saying it would cure their Ebola.

Joshua said that COVID-19 would disappear globally on 27 March 2020 and as you can see, it's disappeared globally by killing lots and lots of Indians. not only did Covid not end on the said date but he died while covid is still here


don't mind these foolish atheists who say Joshua is fake. Joshua is as authentic as proven by the above

Do u understand the meaning of the word 'divination?'

Sleekfingers:
His money. His choice on what to spend it on. E concern you?

Ur not thinking we'll.
How many times u don see davido drive e car?

Allisgud:
Davido na money miss road,how person go load liability for house,even a dangote will be thinking of how to use that money to a buy a refining machine the worth of this car

If u tell people now they will say ur being jealous.

When does he have the time to drive his cars with all the security details?

Car that he won't drive more than 5 times in year

kkins25:
this hasn't been verified na.. Anyway, I didn't take that stuff.😂 I no like wahala😂

All over the web.
Different tales but all related

Messi will fit in man city.
Very well.

Na Bayern cause all this nonsense.
Mini tuchel don turn Bayern to 3sc football club of ibadan

Wetin dey happen na? When did they score?
The match just started now

Emeskhalifa:
Pls he should do ooo.

I just bought litres for 5k at petrol station and it was not funny. Same 5k that would have got me over 20litres during BUHARI o.


If they don't do something, I don't know how we will cope with this.

U must cope o.
No more flexing gals.
No more drinking.

U must cope by fire by force

See them for the comments dey find low dollar rates. Corrupt citizens and corrupt government.

Instead of u guys to protest the high cost of dollar in the black market.


Na so VIO don increase insurance charge to 15k. Nobody dey talk.

Lyricalz01:
Who knows about chipper cash dollar card?
Their rate and how reliable they are?

Oga go fund ur bank dollar card

Uba, first bank etc.

But why can't our refineries function.

Those national assembly goats are not serious.

U want subsidy yet u cannot issue licence to people to sell fuel so that there will be competition

That's scary.
By the way, if u live in abuja,u will know it's better to fall into the hands of thieves than into the hands of VIO.