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Casualobserver's Posts

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Politics › Re: Two APC Governors Accused Of Moving Pre-signed INEC Result Sheets To Edo by casualobserver: 5:52pm On Sep 20, 2024
Kobojunkie:
I don't agree with your claim that it is one of the best in the world. We have the system in place and the potential to transform itself into one of the best in the world maybe, but to claim it already is, nah! undecided
We are a very litigious society when it comes to elections. We have a system such that if you win an election and you are rigged out, the riggers cannot not hide the evidence. That’s as good an election system as you can get. Anybody telling you he lost an election in Nigeria because he was rigged and cannot prove it in court is lying! Because the system gives you all the evidence to prove rigging in court And that’s all an electoral system is required to deliver.


Our system is better than the American system and better than the British, trust me! When I was in England you could register multiple times with any name you want in multiple addresses and vote without any ID. (That may have changed now)
Politics › Re: Two APC Governors Accused Of Moving Pre-signed INEC Result Sheets To Edo by casualobserver: 5:40pm On Sep 20, 2024
Kobojunkie:
I did watch the video. The main is the low voter turn out for me. undecided
I am not conversant with imo politics. My point was to highlight that if you rig you will leave evidence and contrary to the propaganda propelled by election losers, our election system is one of the best in the world.

If you are declared loser of an election and you truly won, the evidence of rigging cannot be hidden. It is really a travesty that instead of celebrating our electoral system as one of the best on the world. Election losers have managed to malign and demarket our election system.
Politics › Re: Two APC Governors Accused Of Moving Pre-signed INEC Result Sheets To Edo by casualobserver:
Kobojunkie:
I am glad someone brought that up actually. undecided

Hope Uzodimna won the Imo state because, I suspect, many voters who claim not to have liked him abstained from voting altogether. Everyone in the state has been suffering from this and whining all over the internet without doing anything else about it. undecided

https://www.youtube.com/watch?v=j6hM59ZUt1o?si=DR3cDEGES57qdZio

If you watch the video, (from around 21:00) he says if they only used the results from the PU where there was no rigging and cancelled the results from Uzodimma stronghold were there was massive rigging, I.e even removing some of Uzodinma’s legitimate votes, Uzodimma would still have won. This is a PDP chieftain saying clearly “PDP and LP were not competitive in the election”
Politics › Re: Two APC Governors Accused Of Moving Pre-signed INEC Result Sheets To Edo by casualobserver:
maxiuc:
what happened in imo state was a child's play to you abi where Inec officers were seen thumbs printing and by passing electoral processes....... Since Hope uzodinjo will use the same pattern he used in imo state to in Edo election, ask yourself why IGP had to desolve the state security agencies in the state...... If the commissioner of police in Edo State is in good terms with Obaseki that's what will likely save Obaseki...... APC is out to snatch this election whether people vote or not
Please try to read and understand. I say it many times Nigerians sound dumb because they read but fail to comprehend the substance of what they read. I did not say people will not attempt to rig. I said rigging is futile. I said if you rig, you will leave evidence. Some people will rig and leave evidence but will still have won without the rigging. If you rig and you lost the evidence will be there for your opponent.

I suggest you google Osita Chigoka’s brilliant analysis of recent governorship elections. Particularly his submission on IMO state. He confirmed what I said. There was massive rigging in Imo but Hope would have won even if those results were cancelled. Proving my point! The evidence of rigging was there and that is my point if you rig you will leave evidence. So if he lost there would be evidence.

Hence it is difficult to rig an election in Nigeria successfully that you would not have won if you didn’t rig. Please try to comprehend what is being said!

Watch the video below: he stated every polling unit where there was rigging for IMO, mentioned every single INEC staff by name responsible for the rigging at every polling unit or collation center (to show you cannot hide evidence of rigging) but concluded that even after expunging the results from PUs with rigging Uzodima still won. Note OSita is a PDP man!

If you watch the video, (from around 21:00) he says if they only used the results from the PU where there was no rigging and cancelled the results from Uzodimma stronghold were there was rigging, Uzodimma would still have won. This is a PDP chieftain saying clearly “PDP and LP were not competitive in the election”
Politics › Re: Two APC Governors Accused Of Moving Pre-signed INEC Result Sheets To Edo by casualobserver: 4:36pm On Sep 20, 2024
Bobloco:
APC is out to snatch, grab and run away it
People should stop believing or being moved by propaganda.

I genuinely believe we have one of the most fool proof election systems in the world.

I have said it many times and I repeat: You can attempt to rig but the system is such that you can’t get away with it especially in a hotly contested state. You will leave evidence of your rigging!

You can write results but. BVAS must tally, form EC8A signed by party agents must tally, in a hotly contested state you cannot successfully rig. In a hotly contested state, opposition will have party agents at every PU and they will have copies of the original results. If you like alter it, or declare a different result, you are fooling yourself.

The only way you can rig is to disrupt elections in your opponents stronghold such that results are cancelled. There are 2 ways I can think of:

1: Stop the election from holding through physical disruption thugs etc. This is a waste of time because if the results are tight and those polling units will make a difference, the election will be held again in those PU and if they are your opponents stronghold you have just. Wasted your time.

2: causing the elections to be cancelled in your opponents stronghold through over-voting. Though possible this is unlikely to happen because by definition this is an opponents stronghold with watchful eyes.

So it is a futile effort trying to rig. The only places you can successfully rig are places where you really have no opposition in which case you would win without rigging. This is usually only possible or viable in presidential elections like we saw in the SE.


If you rig and your rigging is consequential you will leave evidence for your opponent. This is the reason genuine losers don’t go to court to challenge the winner with evidence of rigging but instead try to disqualify them.
Celebrities › Re: Justin Bieber Deeply ‘disturbed’ By Sean 'diddy' Combs' Arrest by casualobserver: 4:01pm On Sep 20, 2024
ceejay10:
When the shit hits the fan, some guys run and some stay. Seems all the guys are distancing themselves in this Diddy's case. Doesn't look good for him. I just hope he doesn't have a hand in the death of my GOAT, 2pac. Na there I go step in.
Everybody knows he ordered the hit on 2pac. That is not even a subject of speculation anymore. If 2pac is your goat as you claim, you would know this already.

Google “Keffe D”.
Crime › Re: ‘Diddy’ Combs' First Meal In 'rat Infested' NY Jail Revealed by casualobserver: 10:45am On Sep 20, 2024
So it turns out his father was a driver to Frank Lucas who was a notorious drug trafficker depicted in the film American Gangster starring Denzel Washington and was shot while sitting in his car execution style.

The Apple never falls far from the tree.
Politics › Re: EFCC Operatives Surround Kogi Govt Lodge In Search Of Yahaya Bello by casualobserver: 10:48am On Sep 19, 2024
Listening to his senate confirmation hearing, it was clear not to expect much from him.
Politics › Re: ‘You Made A Wicked Decision’ – Seun Kuti Blasts Tinubu Over Fuel Subsidy Removal by casualobserver: 5:13pm On Sep 18, 2024
The job of a leader is to make tough decisions even if unpopular, the job of a leader is to see what others cannot see.

Just as Tinubu criticized Jonathan when he wanted to remove subsidy, so also his opponents are criticizing Tinubu now….that is what opposition politicians do. However the proof of the pudding is in the eating. None of those crying foul now over subsidy will reintroduce it if they are to gain power tomorrow.. Neither can any of them tell us how they intend to pay for the subsidy given our finances.

On the issue of presidential jet and other lavish spending, I have said it many times, it is bad optics insensitive and undefendable.
Politics › Re: It Is Illegal For NNPCL To Fix Price Of Dangote Petrol – Falana by casualobserver: 7:12pm On Sep 17, 2024
zionstaar75:
it's you that doesn't understand English or just dumb. He's saying the 50 naira nnpc added to the price they bought from Dangote is for what?no freight cost,no jetty cost,no foreign exchange lies.NNPC should be scrapped immediately.
You and Falana are ignoramuses. Is the deisel the tankers loading the petrol use to transport to fuel stations free?

You are the one that doesn’t understand English. The price they bought from Dangote is the ex-gantry price, I.e the price at the DRL gate, so the issue of jetty, foreign exchange and the other nonsense you are spewing is irrelevant.
Politics › Re: It Is Illegal For NNPCL To Fix Price Of Dangote Petrol – Falana by casualobserver: 4:18pm On Sep 17, 2024
DevilsEqual:
They never said they were gonna do that

The only thing they're trying to fix is what they sell out to Oil marketers
Dangote sef no fit gree that thing




This should be our song and the only that we should keep hammering on

Falana do well for this talk wey hin talk
This is the kind of nonsense talk that will cause petrol to rise and stay above N1000.

What have these activists ever accomplished….think about it. If fuel is fully deregulated as Falana wants, PMS will sell for N1500 in some places, the only place where you will see petrol at N950 will be Lagos.
Politics › Re: Low Voter Turnout: PVC Holders Who Refuse To Vote Should Be Heavily Fined - Sani by casualobserver: 1:09pm On Sep 17, 2024
AnaCheks:
God day boss, please I sent you a DM. I'll like to discuss with on solar matter please
I have lost access to my DMs.
Politics › Re: Low Voter Turnout: PVC Holders Who Refuse To Vote Should Be Heavily Fined - Sani by casualobserver: 4:15pm On Sep 16, 2024
DevilsEqual:
cheesy
Shehu is right...Low voter turnout makes it easy for Politicians to manipulate things, hence, should be discouraged anyhow






This Shehu tho, he has always been a darling of the Obidient group, especially during that Senators monthly allowance expose

Now that he's voiced out an independent opinion that wouldnt sit well with them, I expect them to be intolerable to this and that they atttack him cause they dont understand what "Opinion" means
Shehu Sani is like Falana, or Sowore. Being a social activist does not equate to having sensible ideas on running the country. The three of them perform their roles as opposition but their solutions are usually devoid of rational thinking.

One reason many do not vote is because the candidates do not inspire the citizens. How does he propose the fines are enforced? How much will it cost to enforce the fines? How much compliance will be achieved after awarding contracts to private firms to enforce the fines because clearly the police/law enforcement agencies that can’t enforce simple laws in existence cannot be the ones to enforce the fines. Is it agencies that cannot prevent smuggling of petrol in tankers or importation of guns or simple traffic laws that will enforce 100m voters who refused to vote?
Politics › Re: NNPCL Gives Update On Dangote Refinery Petrol Price, Purchase by casualobserver: 3:35pm On Sep 16, 2024
Geometrix:
Read your paragraph 5 very well and cure yourself the deficiency of assimilation.
My argument and first instance of engaging you was not of who is right or wrong between NNPC and Dangote but on the opaqueness of public accountability as it relates to the landing cost being brandied by NNPC.
Like you posited it may be more than 600 while some say it is 1000.
My argument was that Dangote can sell cheaper than the landing cost NNPC is telling us but you went wayhire with your unnecessary rant and supposedly half baked knowledge..but I know really blame i know your kind
Secondly in your last paragraph,you said subsidy is gone finally..Did you confer with the President on this?
Because he was the one that previously announced that subsidy is gone but NNPC was still paying for it through the backdoor.
Unfortunately there is no medicine for stupidity.
Politics › Re: NNPC Fixes Pump Price For Dangote Refinery, Sells Petrol ₦950 Lagos, ₦992 Abuja by casualobserver:
LadiIshola:
Let's brace up for #1,000 per liter from independent marketers.
But why is Dangote trying to play hide and seek with the government and Nigerians? Was he expecting that the FG will continue to pay under-recovery on his fuel and make him save face? Come out and own up to your price, na you get your business abeg.
Which kind thing be this sef?
F117nighthawk:
NNPC is a big scam to this country, Nigerians are very good with words when it comes to corruption and lack of transparency,u are telling us u are paying in dollars in September and u will start paying in naira by October?abeg tell that to the birds.only a fool will believe this rubbish.u just want the subsidy scam and wuru wuru to continue.we know Dangote doesn't have a choice but to cooperate with u as the sole marketer he sells to so that u can control the Price and maintain your hidden subsidy scam.
The fact is Nigeria cannot get any better under this political rouges in government.
Your posts highlight what I said in a previous post on the matter.

This is a PR exercise knowing that most Nigerians are ignorant and do not have 2brain cells between them. While one faction blames Dangote, the other will blame NNPC. The end game is that while you are blaming factions and taking sides, subsidy has now been totally removed. NNPC is happy, Dangote is happy, FGN is happy.


Reminds me of a situation when I was young. 2 friends were sleeping with the same girl. The girl thought she was playing both guys but both guys knew. I was there one day when both guys were narrating how one day one of them called and she gave him some cock and bull story because the other guy was with her. The guys were comparing notes and playing along. The guys got what they wanted and it was the girl that got played. I will not be surprised if DRL and NNPC are comparing notes and laughing at the gullibility, ignorance and stupidity of many Nigerians!!

Dangote is getting a market for his product at market rates, NNPC is no longer paying subsidies, FGN is getting g more revenue since NNPC is not paying subsidies. Nigerians don’t seem to realize they are now paying market price for PMS.

In a few months, when Naira to Naira PMS rolls into town price may go down a bit possibly also as a result in the fall in crude prices and Nigerians will celebrate.

This template has been used so many times……We are so predictable!!
Politics › Re: NNPCL Gives Update On Dangote Refinery Petrol Price, Purchase by casualobserver: 1:17pm On Sep 16, 2024
Geometrix:
It's obvious you are as an idiot clearly. So Dangote rebuttal is misleading and ambiguous. Continue with your self propelled deceit and be claiming intelligent..
FACTS and FIGURES:


1. The landing price of PMS was always higher than the N600 selling price in Nigeria. Some say the landing price for NNPC was more than N1,000 when they were the sole importer.

2. This meant due to the removal of official subsidy, NNPC had been absorbing the shortfall. That practice had resulted in huge financial losses for NNPC and a situation where It could no longer “subsidize” PMS in the country having racked up $6b in debts.

3. DRL had been ref8ning diesel and supplying diesel to the local market at the free market unsubsidized rate of N900/ liter. It therefore doesn’t take a rocket scientist to know that any PMS from Dangote at the same parameters (imported crude) would be +/-5% the price of their diesel.

4: NNPC has no intention of absorbing fuel subsidies anymore so the PR battle begins

PR battle

1: the Nigerian public are largely ignorant, there are those who feel NNPC are crooks, they are those who believe Dangote is an exploitative monopolist. If you are able to successfully blame one of them for the inevitable increase there is no shortage of unthinking brain dead Nigerians who will buy into your narrative.

2: there are those who believe that Somehow Dangote refinery coming on steam will REDUCE the price of PMS.

3: the informed know that PMS prices have to go up, the battle now is a battle for who will take the blame in the eyes of the public.

4: NNPC published the price of PMS from Dangote in order to make the gullible public think that it is Dangote responsible for high petrol [b][/b]prices. It isn’t, the reason the prices have gone up is because NNPC are no longer absorbing subsidies. If anything Dangote’s price is lower than the landing price Of PMS imported by NNPC because there are no shipping costs etc.

5: Dangote responds by saying NNPC is being “mischievous” but interestingly do not publish any contrary figures because while DRL PMS is actually cheaper than previous Imported NNPC PMS, the figures NNPC published are correct. The real issue is that politically Dangote cannot afford to say PMS is high is because subsidy has been removed. They don’t want to be the one to say it.

NNPC simply used the opportunity of the coming on stream of DRL to finally end any back door subsidy and pass the fallout on to Dangote by publishing the figures.

It is a PR battle based on gullible citizens who do not understand the mechanics of PMS pricing.

IMHO neither have done anything wrong. NNPC cannot afford and therefore is no longer subsidizing PMS and DRL is simply selling at market price. NNPC played a good hand by publishing the price and boxing them into a corner to which DRL can’t really respond.


This is not about the facts and figures, it is about who will take the blame in the eyes of the public of the increase In PmS that has come to stay. It is a PR exercise! It is about eeediots like geometrix arguing and disturbing me “It is Dangote’s faul”, “it is NNpc’s fault” but in reality when it comes to the bottom line it is a win-win for both the NNPC and DRL as both of them are happy with the pricing and the govt is happy subsidy is now truly gone!

It is about having simpletons and eeediots like Geometrix distracted and arguing over whose fault it is while quietly subsidy is removed totally.
Politics › Re: NNPCL Gives Update On Dangote Refinery Petrol Price, Purchase by casualobserver:
Geometrix:
You are actually the slowpoke and a nitwit for not deciphering the context of argument on a public space.
You googled 2% margin for every refinery including Dangote refinery and sticked to it as if you their financial consultant .
I ask you what if Dangote decides to sell at cost price to make sure he secures the Nigerian crude...you keep blabbing that the margin is sacrosanct.
I saw how the other guy avoided you with your half baked education your are flaunting. Ode!
The 898 NNPC quoted, was it from Dangote Refinery?
Haven't you read the rebuttal from Dangote that they sold a way cheaper price to NNPC?
You are clearly a M0ron. You like many of your ilk clearly speak English but lack English comprehension.

You woke me up with a post trying to rubbish my estimate of Dangote’s pms price. As it happens NNPC released a breakdown of the price of DRL PMS confirming my estimate.

Instead of you to crawl into your corner, you start talking nonsense.

When someone sees the price template released by NNPC and is then still asking “is it from DR?”, one has confirmation of one’s prior conclusions that one is dealing with a typical product of the failed education system in the country.
[b][/b]
There is nothing in the Dangote statement that refutes the prices released by NNPC. You clearly have a problem with English. Obviously your father is your mother’s brother, genetic disorders and brain defects are a consequence of such procreative abominations of nature.

Consider this my last response to you as sadly Nairaland does not have an ignore button.


For the record, many of you are confused because of the pandemic of English speakers who lack English comprehension in the country. You read but do not understand. The price released by NNPC is the price for PMS refined from imported Dangote crude. The price for Naira to Naira crude to PMS swap has not been released because the supply of that crude to DRL has not started. Dangote’s statement was deliberately ambiguous. NNPC stated the price categorically in an OFFICIAL statement, Dangote did not…why?

Having poor English comprehension is one thing, having a low IQ is another. Put the two together and we get the buffooonery that is you and your ilk. You are the one who failed to understand the Dangote statement. All they had to do instead of hiding behind carefully crafted words was to release the figures if it was different from what NNPC stated. On this occasion Dangote was being mischievous because they know their audience are dumb….people like you. “Misleading” is not the same thing as “false”. Dangote can claim they aren’t selling to NNPC at N898 because they aren’t selling to them in Naira. DRL is merely playing on your intelligence. Why didn’t DRL say the $0.55/liter is misleading? All NNPC did was convert 0.55c to Naira. Idiots like you are too dumb to understand.

And by the way it is not “sticked” to it, it is “stuck” to it. We have to teach them English as we communicate with them!
This conversation which you chose to disturb me with this morning has nothing to do with 2%. It is simply a question of my estimate of price of imported Dangote PMS based on their selling price of N900 for diesel. The statement validated my est8mate and your post this morning was an attempt to rubbish it which you failed.


There are 2 issues here the facts and the PR. The problem is Nigerians as exemplified by you, are too dumb to understand what is going on. It then becomes a PR battle as to who is responsible for the high price of PMS. The facts and the actual cost of PMS are sacred and the PR is merely about the ignorance of the populace. NNPC stated the facts and laid it bare, DRL could not respond with facts and used English knowing many of you are too dumb to understand. DRL did not have to but they know PR is important.


Goood bye.
Politics › Re: Dangote Refinery Sells Petrol To NNPC At ₦766/Litre - Punch by casualobserver: 10:24am On Sep 16, 2024
Softmirror:
😂😂😂 What stopped you from sending this since yesterday?! You are not making any sense. I hope you know.
Get away from here, go to your parents and say sorry for wasting their resources trying to educate you. Eeeediot!


Stop disturbing me with eeediotic mentions. WTF is wrong with you on a Monday morning? How can one human being be so unintelligent? Kilode!,,
Politics › Re: Dangote Refinery Sells Petrol To NNPC At ₦766/Litre - Punch by casualobserver: 10:20am On Sep 16, 2024
Softmirror:
We are saying the same thing.
I hope you now understand his comments about lazy journalists. One was $/MT, the other figure was N/liter.

Politics › Re: NNPCL Gives Update On Dangote Refinery Petrol Price, Purchase by casualobserver: 10:07am On Sep 16, 2024
Geometrix:
Mr I too know, you are witnessing the drama about the pricing between NNPC and Dangote. You were so confident in your ignorance that the price of Dangote petrol must be 850-900.
We do not know the actual price now but from the press release from Dangote,what they sold to NNPC is way cheaper than NNPC import and the crude used was the one they imported.
Business processes and pricing are not cast in stone no matter the margins and the path to profitability differs..
Dangote PMS has been confirmed @ N898 based on imported crude!

Is this not confirmation your education was a waste of time and resources? I had no access to NNPC or DRL info and yet I was able to give an accurate estimate. If you use your brain, these things are not rocket science. The problem is most of you have no brains and the rest refuse to use it.

Do you not feel like an eeediot now? When people more intelligent than you are talking, shut up and learn!

I told you stop disturbing me with unintelligent comments

M0r0n!,,

Business › Re: NNPC Begins Lifting Of Petrol At The Dangote Petroleum Refinery (Photos) by casualobserver: 6:42pm On Sep 15, 2024
Nonybb:
Look at the first picture. I hate it whenever I see this Indian man called Edwin or Edward or whatever fronting for Dangote. How can Dangote choose this Indian rubbish in total disregard of our people. Indians are racist and they vehemently hate blacks. Why would Dangote still keep this Punjabi/Hyderabad nonsense with him. Oil production and marketing should totally be a local collective effort; using an Indian with no emotional attachment to our people is a risk because Indians lack apathy and humanity. When they import, it is sold between 700 to 800 naira but when Dangote produces it in Nigeria, it sold between 900 to 1200 naira. Nigeria is a crime scene and Dangote is evil
The one you did with local people in your 4 refineries how is it going?
Politics › Re: Dangote Refinery Sells Petrol To NNPC At ₦766/Litre - Punch by casualobserver: 11:56am On Sep 15, 2024
Softmirror:
You haven't said anything.
You won’t understand what he is saying
Politics › Re: FG, Dangote Reach Agreement On Petrol Supply, Lifting Begins Tomorrow by casualobserver: 3:54pm On Sep 14, 2024
profmallor:
I disagree, Dangote himself is only bluffing. Except for the proximity of his refinery to west africa, which may encourage WA countries to patronize him, marketers in Nigeria may choose to buy refined oil from Malaysia and still sell cheaper then Dangote, case in point is the cost of cement. If the FG allows for the mass importation of cement, Dangote and BUA would run out of business.

Dangote has done well, his refinery would be a game changer, however FG have to protect him else the free-market forces would kill him. it is in the interest of Nigeria, Nigerian and Dangote that is refinery is able to supply us all, however someone would have to pay for the over head cost of not allowing a free market, and that would have to be subsidy.

But hey, better to subsidize in Naira than look for $$$ thats scarce.
If Singapore that has no crude can be a major refining hub and global supplier of refined products, same with India, then Dangote neither needs Nigerian crude not the Nigerian market. Ofcourse it is better for him but not needed.

But We agree to disagree and move on.
Politics › Re: Peter Obi Denies Agreeing To Deputize Any Politician in 2027 by casualobserver: 3:49pm On Sep 14, 2024
emkz:
As a man, resist the urge to say more than necessary.

If you fail, you'd be required to explain and re-explain and unexplain the things you said.

In fairness to Mr Peter Obi, he never said he'd deputize anyone in the News Central interview. He said if there is anyone who can do the job better than him, he'd yield the floor to the person.

It is unclear why it was twisted to him saying he'd like to deputize someone.

As for Mr Peter Obi, he talks quite a lot. This is why things he says can be twisted to something else.

Say less and that would be more impactful.
I have said this many times that the man’s desire to be in the headlines will be his undoing. 4 years is a lot of time for a man who keeps talking to expose his true character.
Romance › Re: Once A Man Introduce You To His Mum He Will Surely Marry You - Nigerian Woman by casualobserver: 3:28pm On Sep 14, 2024
ExAngel007:
Once a man introduce you to his mum, just rest your mind. He will surely marry you - Nigerian woman says


A Nigerian lady, Kifayat Ohunene has said that once a man introduces a woman to his mother, he will surely marry her.

Is this true though?
It only means you are a candidate and have a chance. And if he is hiding you from his mother his family, or worse still his friends just know you are strictly for entertainment.
Politics › Re: FG, Dangote Reach Agreement On Petrol Supply, Lifting Begins Tomorrow by casualobserver: 3:22pm On Sep 14, 2024
richmond500:
Dangote said things are very difficult cos the marketers aren't patronizing and he only expect, also he said they can't fill up to 5% of its capacity cos of low patronage, he also had to bend to NNPCL rules of buying in naira just to have things work.
He said he had to pay the price
Go and rest, this thing is clearly above your pay grade!
Politics › Re: FG, Dangote Reach Agreement On Petrol Supply, Lifting Begins Tomorrow by casualobserver: 3:21pm On Sep 14, 2024
GeneralDae:
But Dangote is still having problems importing with dollars. As we speak, two ships are stuck on the sea and refused to sell crude to him because he is struggling to fund his Letters of credit in dollars. He needs this naira deal as a base for survival.
I am not aware of that. But even if that is the case it is just short term. By definition he makes more selling refined products than the cost of the crude.
Politics › Re: FG, Dangote Reach Agreement On Petrol Supply, Lifting Begins Tomorrow by casualobserver: 12:00pm On Sep 14, 2024
profmallor:
FG is going to have to subsidize the supply from Dangote, thats the only way he would be able to compete. The transactions would be done in Naira so I see a bright future for the Nigerian economy
You people do not understand the workings of the industry. Dangote can sell his petrol anywhere in the world. He has been exporting 97% of his diesel. The only reason NNPC is subsidizing petrol from DRL is the same reason they were subsidizing imported PMS. The cost of PMS is higher than the price the people are prepared to pay.

Dangote does not have to sell his petrol in Nigeria or source his crude from Nigeria. It is not Dangote that needs Nigeria, it is Nigeria that needs Dangote.

NNPC has simply said we will give you crude of x value and you will give us PMS of X value. We will then sell it at whatever price we like.
Politics › Re: FG, Dangote Reach Agreement On Petrol Supply, Lifting Begins Tomorrow by casualobserver: 11:42am On Sep 14, 2024
richmond500:
DRL needs Nigeria to survive.
it does not. Don’t just make empty statements. Back it up with reasoning and facts
/data. I have told you why he does not need Nigeria. Dangote has been producing diesel and jet-A1 since June. He has been exporting over 90% of it. He can do the same with petrol.

He has been producing diesel for months, have you seen colorless diesel in the market?

Politics › Re: Fubara: Tinubu Is My Father, I’m Loyal To Him – Wike Declares Amid Rivers Crisis by casualobserver: 10:51am On Sep 14, 2024
Joshy4u:
You are one of the foolish people that has made most Nigerians not value education and keep encouraging lots to be almajiri and illiterate; then at the most important part of their life, they furge certificate like most of your leaders do.
I am young with focus, and would do much more exploit in the nearest future. So people like you are just idiots looking for who will fight dirty with;in the stinky mud you presently are.
It’s “forge” not “furge”. “Exploits” not “exploit”

Like I said about certificates……
Politics › Re: Fubara: Tinubu Is My Father, I’m Loyal To Him – Wike Declares Amid Rivers Crisis by casualobserver: 9:44am On Sep 14, 2024
Joshy4u:
I am a young knowledgeable man with great indepth of leadership/administrative skill creating a beautiful path for myself. I Just concluded my MBA in University of West of England,U.K. and pushing through other courses in the U.K Presently.
I know your type; that always fan the embers of tyrants and heartless political leaders like Buhari and now Tinubu. Because Wike supported APC, he is now your god...
I was the youngest most successful educational consultant in Port Harcourt before traveling out. So I know these men well.
Observations have shown that educated Nigerians are often the most stoopid. For instance if you are so educated why is a man you call a drunkard your governor?

Disavow yourself of this notion that educational qualifications/certificates mean anything. Nairaland is evidence that certificates simply mean you were able to regurgitate stuff in a particular subject area in your exams. Nairaland is proof that education is not equivalent to intelligence or critical thinking.

The quality of your argument will speak for you not your certificates. Jelili my mechanic is very intelligent. He does not have o levels. If you have to tout your academic qualifications in an argument it is an indication you are struggling to articulate your point and are instead trying to bamboozle your audience.


I come in peace!
Politics › Re: FG, Dangote Reach Agreement On Petrol Supply, Lifting Begins Tomorrow by casualobserver: 9:24am On Sep 14, 2024
Minjim:
Who made this fool NNPCL spokesperson ?
You are the eeediot for commenting on matters above your pay grade!

Dangote refinery does not need Nigeria to survive. Like I said ina post above, Dangote can import all its crude and export all its refined products. There is no shortage of willing international offtakers. Just the other day a Kenyan analyst was expressing his delight that Dangote is now onstream.

It is Nigeria that needs a way to get petrol to the people at a price that will not cause them to revolt or price inflation. They only way they can do that is to do a deal with Dangote and that is why Dangote is the sole supplier. If Dangote were to sell his products at the market rate like his diesel, it is the same ignorant eeediots like you that will complain that the price is too high.

Dangote does not need Nigerian crude or Nigerian market. His refinery is designed to handle crude from any source whether light or heavy and he will get a better price if he exports his PMS. It is you entitled brats who have been overdosed on subsidy that are having withdrawal symptoms paying the market price. Your neighbours in ordinary Niger, Cameroun, Benin etc are already paying market price and due to proximity Dangotes PMS will be cheaper for them.

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