₦airaland Forum

FreeStuffsNG:
NNPCL is technically exchanging its crude it sells in naira to DRL for the refined products. It makes perfect business sense to be the offtaker and marketers will now buy from it at a strategic margin.

Realdeals:
We heard that the refinery gate price is #765/L

"Dangote Refinery will supply 25m liters daily at N765. while NNPCL will import the remaining 15 million liters. By end of October, Dangote supply will rise to 35m liters while NNPCL importation reduces to 5m."

EreluRoz:
This one can wake up one day now and bring another woman home as second wife claiming it's his right as an African man to marry more than one wife and even threatening her or beating her for refusing to accept his sudden polygamous decision. Men are very brutal and don't really care about the hurts of women. Most women who marry a man like this ends up regretting in the later part of their life. This one fit don get pikin outside now sef

k4kenny:
Downstream NNPC doesn't exist anymore. It's now Tinubu's OVH monopolizing the market and causing this scarcity. NNPC has been secretly dashed transferred to OVH under the guise of acquisition.

Ojuntana:
Well, there's no way out till then

lexy2014:
I didn't say it's a coincidence. I asked you ....Do you think it was a coincidence?

If nnpc 897 is not the price nnpc will sell dangote fuel, how then do you still claim nnpc announced 897 to box dangote?

How dangote fix price for his fuel when he is not selling to retail marketers and nnpc has hijacked that responsibility?

Have you mounted your pressure on dangote?

Why not mount your pressure on nnpc that is a government agency but has decided to work against Nigerians?

Ojuntana:
Don't worry about the price
If that is not fixed by this regime, the next one will fix it

lexy2014:
Nnpc fixed at N897 about 24 hours before dangote announced production of fuel.

Do you think it was a coincidence?

That's why dangote with his announcement of production could not announce price.

Nnpc wants to run the entire show cos if it allows dangote fix price, it will burst their lies about how much they have been spending on subsidy with the phantom "landing cost". With dangote now producing, it removes every justification for fuel importation.

How will they now steal?

lexy2014:
Nnpc has already fixed price at N897

Ojuntana:
I hope all those dumb Aghadorians can now see that it's NNPCL that's been lying all along out of hate and envy for Dangote refinery.
The plan has always been what Dangote said. Give them Nigeria's domestic crude allocation to be paid for in naira and get petrol for NNPCL to be paid for in naira as well. The other products will have margins determined by the market and Dangote is free to sell to anyone including international market as gain.
This is a win- win move for Nigeria and the economy and I do not understand why NNPCL was grandstanding and causing unnecessary tension in the country with their lies. Kyari needs to be sacked. That he's still there till now is a wonder I can't fathom. NNPCL's corporate behaviour has been nothing short of scandalous under him.
The part I don't get from Edun's speech is associated fees for NPA and NIMASA. What fees are those? Are we making use of ports or waterways in transporting and loading Dangote fuel? I hope this is not chop for the boys.

Whynotthetruth:
God

When was that? Was he sick? Or accident? What exactly happened to him? I was thinking about consulting him for something in my car

Exousiang01:
This story doesnt add up
NNPC is already supplying 30m parels to DRL

350k barel is as insignificant as the last “ue” in Queue for a redinery with a capacity of 600k
And a feed stock of 6m

DRL already said they are getting 11m barels by october and they have recieved 30m barels already.

This story doesnt add up.
No price

Whynotthetruth:
Is Gazzzuz no more

weyreypey:
Gazzuzz explain tire.... I no gree too.

naptu2:
CNG is different from LPG.

Mindlog:
If it is only inviting family, elders/clergy etc ....
couples are better off remaining in Nigeria and shouldn't go to a system, anyone can easily call the police and report, action is very likely taken.

Police does not resolve marital issues, their role is to maintain peace between the warring couple while issues are being sorted out but any of them whey wan prove craze is taken of and when any is perceived as an aggressor, the Police knows how to pour "cold water " on that person.

Just there are toxic people who are married, there are also well adjusted humans, who also are.

descarado:
We don suffer for this abroad.

If you are earning more than your hubby and your hubby don't have any problem with it, you are in paradise. It's very hard for most naija men to accept the fact that their wives earn more than them.
All these problem came from financial empowerment for the ladies.

Mindlog:
I work here in the UK, with a London borough, work in the children and family services department, where I work with children taken away from their family because of neglect, abuse, domestic violence, drugs etc. The Policeman of Nigerian origin was not authorised to make such statements in either languages. If he wanted to give such advice, do so in personal capacity without wearing the UK police uniform...

Kobojunkieee:
How did he crash the price to Naira 900 when the NNPC price of Petrol is currently Naira 858.00? 🤔

By the way, Dangote has yet to publicly announce any price to this moment we speak. 🤔

stuffs4me:
I totally agree with you.

I knew Dangote was playing the emotional game when he presented his transparent petrol in a bottle because every petrol is actually transparent at the time of refining but was dyed to give it that colour. Dye and odour are usually added to most liquids that come out looking like water. this is done to prevent humans from accidentally swallowing the dangerous fluids.

Petrol from Dangote refinery must be dyed as that is an international regulation and there is no amount of emotional blackmail that will exempt him from dying his own petrol too.

thesicilian:
If your product is better and/or cheaper, why would marketers prefer to import instead? There's something they're not telling us.

Ttalk:
That Vice chairman of Dangote want to use Indian sense on Nigeria, Saying marketers don't want to buy their cheap PMS. Which kind lie be this na, abi em think say na Zeeworld im come act for Nigeria ni.

Nigerians don't want to take shit either from NNPCL or from Dangote, we would hold Tinubiu and Dangote responsible for any reason that makes PMS expensive in Nigeria

DevilsEqual:


Those with null Knowledge about everything would attack this Expert and tell us how the FG is tryna sabotage Dangote, but the truth is...


Judging by the recent statements from IPMAN and NNPC, its obvious that Dangote is playing an Hanky-Panky game of setting everybody up against each other, while using the emotional blackmailing tactics to win the masses to his side and still use their sympathy to fix PMS at a high price



Dangote has reached out to everyone one, yet he still hasnt make his price known during the process

nairalanda1:
Chicken and egg again.

Their government can create the enabling environment because....TAXES...which bring in .....REVENUE

Not like NIgeria. You cannot create enabling environment on a budget of 18 bn dollars, when we need at least 10 billion dollars of annual investment in the power sector to pay for 24 hour power

See the problem? But like most of you daft on this site....you miss the wodds for the trees.



SO MY SUPPORTING SUBSIDY REMOVAL MEANS I SUPPORT GOVERNMENT WASTE SPENDING?

You are a daft person, old chap. One can support sane economic policies, but also can call what tinubu is doing on yachit and plane and new cars for the senators wrong and rubbish

Seriously, grow up son.




Chicken and egg argument. America has good power, because at the end of the day, they pay high tariff, and their power sector makes a profit, which means they can attract investment

NIgeria? We pay too low for power, even now less than 20% of the consumers pay for power at market price, while the rest pay loss making subsides.

And what the power sector earns is not up to the 10 billion dollars annual investment needed, even if government pays all its obligations.

And you expect power under these circumstances?

Seriously, ye are daft.

.


1. You pay high tax because you are part of the 30% that pays taxes...70% of NIgerians do not pay tax to state or federal government

2, Hospitals are heavily subsidised, which means they cannot make a profit, which means they cannot expand facilites and do all the nice things hospitals do

Plus, budget for health is less than 3 billion dollars. In countries where things work, healthcare budgets start at 50 billion, even 100 billion.

3. Same for education

4. In addition, we have bad roads because over 2 decades ago, we stopped tolling them. BIG EFFING MISTAKE. South Africa has decent roads...because they toll them



Agreed, and it gets worse if the money is not enough in the first place.

1stGenAmerican:
I can’t wait until Nigerian women learn that in the West, the man can’t just kick the woman out. He has to go through the courts! I’m 🤣😂🤣because usually, the man is living in an accommodation that the woman has dominion over—he can’t kick her out! 🤣😂
If you were an upstanding Nigerian man, your warning to other men would’ve been to stop abusing women and children. I’m happy that civilized Nigerian men aren’t like you.

1Sharon:
Because it is not true!

Did you see the update on FP? The man was simply trying to cover up abuse like they do to women in Nigeria.

Now the Police are dissociating from him, because that's isn't what the force stands for.

1Sharon:
No where did I state only Nigerian men are abusive.

cococandy:
Stop abusing your wives and you won’t be reported.

Ask the women whose husbands don’t threaten them, hit them and don’t abuse them how many times they’ve called police on their men. Zero.

It’s not hard at all. Why would any woman want her loving sugar husband to be taken by the police? If it doesn’t follow common sense deductive reasoning, then you need to question it.

That’s all I’m saying.

1Sharon:
If you are abusive to your wife, you deserve to have the police called on you. Who do you guys think you are?