₦airaland Forum

Drella:
The Police force has a Special Protection Unit(SPU) to cater for personal security needs of individuals. They are always available on request and in the exact number of personnels you need.

To answer the question, the Police Force has this in mind when recruiting.
Thousands of Nigerian residents have police escorts yet, Police stations never run out of personnels.

The federal government needs to sign in a bill into law that will allow private sector to create the likes of Private Military Company (PMC), Private Security and Military Company (PSMC) and Private Security Company (PSC) that will heavily armed with weapons, helicopters and armoured vehicles.

zikter:
Are you sure? This same song was sang a million times when he was about to refine fuel. How many forex have we saved? Naira to dollar is still very high. This is Nigeria where something as ideal as you said doesn't really work

Where you really expecting naira to appreciate when the CBN is pumping more nairas into circulation to provide liquidity for the new minimum wage?

iwaeda:
Jet fuel is not really kerosene will use, octane level different.

Octane level in kerosene?

iwaeda:
More to this Dangote refinery, no gas produced, no kerosene, this polyethylene is somehow. You can call me pessimistic.

No kerosene? Jet fuel is what?

t2luv1:
Unlike you, I have a personal stake in that so-called Refinery because I am a bond holder, yeap, I bought $8000 bond Class A. I know for a fact that the refinery is not producing any PMS as of right now. Diesel is another matter. I read the prospectus sent to my address as a bond holder regarding that refinery. As a mouthpiece on the internet, I can say you are surely earning the money, they are paying you. Go and do a look up regarding the financing of that Refinery. Dangote isn't spending $20B of his own money. Your NNPC owns over 30% of the refinery. 60% by bond holders like me, 5% by banks.

Your propaganda is very weak due to your poor lying skills

t2luv1:
How will you describe Freeway? When the government gives one man a monopoly as the lone source for the following items

Sugar
Cement
Rice
Flour
Indomie
Energy (add MRS also from the North)

For the refinery, a free supply of Crude means complete net profits. By the way, that so-called refinery isn't producing anything. The Northerners are taking that whole country to the woodshed. How Northerners managed to acquire 85% of the country's oil wells is beyond me. If memory serves me right, I think someone from the North has always been head of the NNPC and INEC. I am just pointing out the obvious to you. Before you start thinking and setting out attacking the Igbo people I ain't no Igbo, I am a Yoruba man, alright.

100% trash

JagaLove:
only a handful of Nigerians have the idea and are wealthy enough to finance the business ideology, hence the talk about fdi. However corruption has played its part like vdm exposed how the BOI refused to give a certain individual the necessary support required to kick start his business.

When FDIs declared profits and demand for forex, federal government borrows from multilateral organizations like World Bank, IMF, AfDB, Afreximbank, Chinese Eximbank etc to pay obligation.

CXLVII:
Not easy!

He should just go public. Plan selling a house to buy that stock

The refinery is yet to operate at full and they need to operate some years with strong financial records and commitment before they go public

Mariangeles:
Dangote should be president of Nigeria.
He'd transform Nigeria in no time.

Do you wish him to end like Abiola?

Unigrad:
Where is the diversification buhari did in his 8 years administration?
I thought by now, we won't be depending on crude oil. From what I read few days ago, The money generated by FIRs from taxes is More than 10 times bigger than what NNPC generate and give the Federation account. Alot of things are secret to Nigerians.

Which diversification?
The money generated through taxes are nairas, so generating more nairas means more devaluation and price increment.

Unigrad:
Crude oil price dropped, na problem. E rise, na problem.
Crude oil price drop should benefit Nigerians but less money for the Government.

Crude oil prices dropping means less forex for Nigeria and borrowing to defend naira with crude back loans

Guestmale:
7.7trilions naira is a huge money and fg must come out clean,we can't be buying fuel at a price we believe there is no more fuel subsidies and yet still owed this huge sum of money, it's totally unacceptable.

This is what the house need to interrogate, because even if government decided to return subsidies payment will it be more than this huge amount.

Last time l cheeked, NNPCL imports petrol from Europe where the cheapest petrol is €1.7/litre yet the landing in Nigeria is less than €1

MrPresident1:
Just share the money to Nigerians na? Are we not the owners of NNPCL?

Give us our own owo Udoji

Owners of NNPCL, keep entertaining yourself!

Racoon:
Nigerian Government Confirms Plan To Pay N7.7trillion Fuel Subsidy Debts To NNPCL


https://saharareporters.com/2025/03/04/nigerian-government-confirms-plan-pay-n77trillion-fuel-subsidy-debts-nnpcl#google_vignette

Those who came to my DM demanding subsidy evidence will not see this news, APC are always blind to the truth.

kunle75:
But our government has been bad all along how come the price wasn't bad as it is today. Moreso, is it not the same international market other countries buy their crude?
How come they are not experiencing same problem?

Have you ever had a government where people stampede each other over a bag of rice they used to afford before APC in 2015

bilms:
FG’s agricultural imports policy ‘suicidal’ — Group



https://tribuneonlineng.com/fgs-agricultural-imports-policy-suicidal-group/

Nigeria is the only that subsidizes imports and have problems with subsidizing local products

kunle75:
Government should open the market further to allow for more players this will further promote price war and eventually reduce the product price

Vote in bad government and deceive yourself with price war forgetting oil prices are declining in the international market.

Guestmale:
Father Lord let this competition between NNPC and Dangote never ceases in Jesus mighty name.

When wake from your dreams, oil prices are down in the global market.

nedekid:
Sure? How much mtn don increase price in the last 2 years compared to how much fuel price don increase over the same 2year period?

You have just asked a critical question

NOETHNICITY:
I wish fuel could sell for as low as 500

I wish our minimum wage was as low as N10,000/month

Gbadugbakun:
When I saw the thread, I thought that Dangote has reduced fuel to N65 per liter

There are still some quality malaria in the market at affordable price

zero8zero:
Where is your proofs

You have internet on your device, use it effectively.

thesolutions:
I believe those belong to matrix.
Go and verify.
Dangote doesn't have you or anyone at heart. He is out to frustrate marketers out of business so he can inflate price at will. Just like he is subsidizing these products to some select stations like MRS, his brothers business, government should subsidize the product for NNPCl and some select stations while making sure NNPC products output is increased.

With all the secret subsidy that NNPCL and marketers have receiving, yet their petrol is still more expensive than unsubsidized petrol, what a joke!

Putindbutt:
A better leader by selling off our national assets at scraps to his cronies. Thieves and supporters of thieves.

How are organizations not created for profits but needs money to function national assets?

Skyehigher1:
Importation should continue because dangote is not since to nigerians at all if we have major players in cement product and importation of cement price of cement will not up to 2000 or 2500 now but if importation continue price of petrol will continue to go down but if importation is stop now nigerians will buy petrol 1400 per litre and dangote will say is doing nigeria a favour which is reaping us . Dangote and otedola are very greedy nigerian business men since otedola buy high stake share in dangote cement price of cement rise up to times 3 i will always support the importation because no nigerians business men or women have interest of nigeria at heart even dangote is the reason president buhari close all our land borders because he produce rice meanwhile rice prices is begining to skye rocket since then i pray president tinubu open our land borders again for ever. Price of food stuff will come dawn drastically his dangote that advice buhari to close border oloriburuku business man

Also using crude to borrows from World Bank, IMF, AfDB Afreximbank, Chinese Eximbank should continue with secret subsidy on imported petrol

GeneralDae:
NNPCL is not a regulator. NNPC on the other hand was a regulator Pre - 2021. NMPDRA body is the new regulator.

NNPCL is not regulator yet private importers demand for under-recovery from them, continue to defend lies.

JuanDeDios:
Which is fine. There must be COMPETITION and if some traders want to compete by importing, so be it. I'd like to see where our local supply chain is so good and the market so efficient that nobody is importing. But they must retain the right to do so - that's the free market.

competing by importing expensive substandard petrol from Europe and demand for subsidy

Putindbutt:
Importation cannot stop, it can only get reduced. Top oil producers still import from outside.

Those oil producers imports because cheap but NNPCL ports from Europe because it is expensive and demand for subsidy.

JuanDeDios:
Bad idea. It's a free market. Let those who want to import do so. Consumers will be better for it. Of course, we need imports to stop, but let that be brought about by market factors instead of by "big stick".

Have ever wondered while a litre that cost €1.8/ litre in Europe has a landing less €1 in Nigeria with any private importers apart NNPCL demanding for under-recovery cost?

CodeTemplar:
see dem. Bad belle. Is Dangote stealing or buying crude?
You can start N500 a litre by geting a drum of crude oil from PH and some firewood.

When last did you price illegally refined petrol?

yommen:
Your wahala too much. Your line of thoughts too is not balanced. We need importers to keep importing so that dangote is not only source of this product. This ensures competition which will key the price in check.

Like importing a litre of petrol from Europe at €2 and subsidizing secretly

tfelicityk:
This is worth protesting...

Vote in bad government and protest, what kind of nonsense is this?