₦airaland Forum

tundegan:
The world is watching as Nigeria takes bold steps towards economic recovery. Tinubu is the man for the job and he will get it done.

Omugo

agulion:
Why do most Yoruba Muslims support terrorism

Most Muslims support terrorism. The conservatives among them turn a blind eye when a terrorist carries out his assignment.

proff010:
Good testimony, civil servant are more deadly and dangerous than the politician.

They taught the politicians to steal.

I continue to love this Governor every day for his fundamental and foundational efforts to develop and position Ekiti State for growth. The Ekiti people are blessed to have him.

Unlike one Governor described as handsome, but his state roads provide the most excruciating travels

Whatever the Supreme Court does, the power of the EFCC to prosecute the Governors should be maintained. otherwise, we have allowed thievery to continue and more impunity for doing so.

Lagos is congested as much as the number of people living in a building. Many of the houses were either illegally built or built without permits.

I guess I can lend my voice on the matter. Choose the one that enables you to grow faster. Consider the expense of transport, this may fade out if they have not posted you. More importantly, it is the one that allows you to make progress while on the job.

The LIght of God shines on your path

BTW who is running Cameroun?

May God and the people save Africa from sick and infirm leaders in Jesus' name. They are everywhere including home!

We are on our way to a fully deregulated market. Running and managing it well will lead to competition and efficiency in the long run. It would eliminate the racketeers whose daily income is from arbitraging and pouting rental costs on Nigerina through petroleum products import.


Let Dangote continue. His intrusion into the market has begun to yield fruits.

This Minister has continually distinguished himself as someone with plenty of ideas that can work. He is doing well. He and Wike come into the public space for different reasons.

Nothing will change as much as he tries to change things in his ministry. The ideas from a micro level cannot change things until they begin at the very top. He has been implicated before on some other sites involving Betta Edu.

So God will help Nigeria find true leaders with the love of the people. Not the one who does not care.

So if he evolves a contact-free process, the corrupt people there will do their utmost to thwart the ideals of the idea and bring the whole thing to nothing

Houseofglam7:
Adorable 🥰🥰🥰🥰🥰🥰🥰

I wish and pray this for YOU

He wants BAT to look at his side again. You and BAT built Lagos, abi?

When will all of the acclaimed achievements translate to a better Nigeria? The government has the largest number of ministers. the greater liar than Buhari, the government of 'I don't care, you can go hell'

Nothing for you - Lagbaja

EreluRoz:
Nigerians you all are not ready. Keep celebrating Peter Obi who was the MAJOR DISTRACTION in the last election thereby paving the way to what we have today.

Peter Obi is actually responsible for what Nigeria is going through but you all are not ready for this discussion, you all are not ready to analyze Nigeria politics with your senses. Ina ruwa na

This one is a complete oponu, slowpoke and scallywag. The N5k they gave you is yet to finish.

Always full of ideas to deceive the people. The greatest lying government of Nigeria. Everything about the government is falsehood just as the leader of the government.

A plan to engage the youth on meaningless course

This man, by his demeanour, carriage and activities, is arguably the best of the set of governors.

Even so, Nigeria's income level is far lower than that of Saudi Arabia. So no comparison will be that simple. Until there is a deliberate government policy to reduce the level of poverty and recreate the middle class. Nigeria will continue to be the butt of a joke

The Minister that has dragged Nigerian education backwards by 30 years with his policies. His children cannot be affected because the youngest must have graduated

fxexperts:
Then all Nigerian airline will shut down. you want to compare British airways that uses first class aircraft to your airpeace that uses old abandoned airplanes jokers.

Stupid thinking

MEEVEET:
I don't know why this government lie so much... This is becoming a sickness

There is no way under the sun dangote can sale petrol at ₦898... It's absolutely impossible

Crude oil cost 72 dollars per barrels it cost 5 dollars to refine averagly that's 77 dollars

There are 159 litres in a barrels

5% of crude is lost during refining average that's so we have 151 litres

refinery expect 40-45% gasoline, 25-30% diesel, 5-10% aviation fuel, and about 15-25% "other"

So let's use 45 petrol, 30 diesel and 10% aviation fuel ( kerosene +diesel blend)

The remaining 15% is basically worthless

For simplicity sake let's assume petrol diesel and kerosene are same price

85% of 151 = 129 litres of products
Crude cost + refining cost = 77*1650 = 127,050

That gives us a cost price of ₦985

Let's say dangote sets a profit margins of 15%

That gives us a final price of
₦ 1,132

I have been very very conservative here... Cost of refining, and yield but this is the minimum dangote can sale his petrol

One thing that I will for ever respect Nairaland for and for which I will remain a member is the vast available knowledge that is possible in a few short minutes. I would have needed to look for a paper or some other academic writing that will take at three hours to study and understand for me get this knowledge.

Kudos to NL

My take on this ding dong between NNPC(L) and Dangote is the lack of transparency which makes fair comment and judgement impossible. We have heard of NGN766 and now NGN895. Until the two parties lay bare all the facts it c=becomes impossible to make an assessment.

Provide petrol and stop making life difficult for Nigerians by corrupting the whole process

yinkus6750:
Let Dangote sell r9 any marketer that wishes to buy from him.
The authoritarian policy of NNPC been the sole marketer of the refinery will not favour the country.
It will be business as usual.
Let them go and fix their refinery and create a competitive market

For corruption to thrive and succeed, NNPCL deliberately created an opaque market where many participants watch and do things without being able to speak and inform the public of their actions. NNPCL is a curse for the market and the country. We all know why this has been the case since 2015. The President has always remained the Minister of petroleum resources.

If we want to change the country for the better, change the NNPC's structure to become more market-oriented.

The economic growth that is asphyxiating the people is poison. BAT is making millions poorer at the expense of politicians by systematically corruptly transfering the commonwealth to them.

Sleekfingers:
Because he won today ?


Most Nigerians are funny and confused people, who simply don't know what they want.....

Your fingers are sleeky on the keyboard and they type what thou knowest not.

Dangote has won Round 1 of the battle.

He would win Round 2 through subterfuge. It is business. Ultimately, all we need is the deregulation of the market not dominated by one player as we currently have it. There are many modular refineries and many more refineries are becoming up to compete with him.

The area of regulation for competition is what NNPC should focus on rather than behave like an operator. Simple

Cmanforall:
Ok

Will it reach 2000/Litre by December?

Click Like if you think so
Click Share if you think otherwise

Definitely not. The NNPCL has a role to play in stabilising prices. If Dangote is selling to the country it should be N895 - N1000

pyyxxaro:
See Cardoso face like GREGORY/CLARUS own

We are just complaining for nothing. Nigeria is in the hands of a despotic cabal that could care less what happens to the people who they claim voted them into power. Unfortunately, some people are born to worship these people to the detriment of their generations.

Cardoso is cruising around town in 2 bulletproof SUVs (I wonder who wants to kill him).
The Parrot Senate President is sitting comfortably in his lodge eating and drinking wine while the people are protesting in the streets
A retired CJN who has appointed his family into strategic positions in the judiciary.

NIGERIA is at the lowest ebb

Where are praise singers? E lu bata ki ngbo!

Shikini:
Anything to curry favour from that
Aso Rock thief
.

Old boy, you stoop to conquer. Tinubu no send since the Malta plant will be without market, once Dangote PMS hits the market. Imagine how much of dollars will be saved!!! I'm drooling at the power the Naira will command soon from the Dollar.

Rest small Mr Dangote. Don't forget the steel rolling mill, please.

CyrusVI:
The guy is one of the few world leaders i would like to model my life after

I heard you cant mock him via the Social Media, neither can u attack him at all

XI Jinping, My Hero. I like Dictators and Autocrats. I would like to be one


Gidgiddy and those Obidient group were telling us Tinubu isnt well-rated in the International community...

How come Jinping is willing to seal deals with him

The Chinese will sign a contract with anybody as long as it would bring money. Don't Nigerians produce poor-quality goods from China? Just like the US market cannot tolerate inferior goods from that country. You get whatever you want from the merchants of China.

kedeojo:
They are the greedy thieves. I like the fact that NNPLC will be the sole buyer of dangote PMS. It now up to president Tinubu because he will be the major determinant. A reduction of crude by government sold to dangote to refine and also sold back to NNPLC who has now said they owned more than 100k retail outlet and will now fix the prices of PMS to be sold to Nigerian's.

NNPCL does not own any retail outlet again. Tinubu don buy them

Curious346:
Dey play . Nothing like that. Yoruba killed the naira, after nupe devalued it through SAP.
Igbo via okonjo iweala nurtured the dollar until the RONU destroyed it

I feel you!!!

Implementing this at this time would be cantankerous and not serve their interests. Remember BAT has a penchant for appointment. He is not the one who would reduce the opportunity to appoint people and provide jobs for the boys. So it cannot be implemented now.