₦airaland Forum

Minjim:
You're about to lift petrol and bring it to the market and no announcement of any official price.
Why all this secrecy? I'm these people are planning something not in the interest of Nigerians

Nnpc has already fixed price at N897 a day before dangote announced production of fuel

Bobodee09:
What about independent marketers who keeps smuggling petrol and diesel to other West Africa for gain??

You think dangote is stupid for insisting he will only deal with NNPC.

Can you show me where dangote "insisted he will only deal with NNPC"?

Was nnpc being sole buyer dangotes idea or nnpc's idea?

Can you pls name the independent marketers you say "keeps smuggling petrol and diesel to other West Africa for gain??"

Why have they not been caught and arrested up till now?

How much product have they smuggled out?

How did they move these products?

Where was NSA, customs, police, civil defence and DSS when this smuggling was taking place?

fuckJones:
The summary of the report: Buy in NAIRA and Sell in NAIRA For all Crude Oil Products and Crude Oil! What a significant change in Nigeria Oli sector! First of its kind since history can remember! Thanks to President Tinubu leadership and ability to take hard fearless decisions!

What hard decision has tinubu?

Why is nnpc the sole buyer of dangote fuel?

Why didn't tinubu forfeit buying a new plane for $150m or a building a new house of N21b for shettima for the sake of the country?..

Is tinubu presently in Nigeria?

Gustavo356:
I regret voting this man

What made u vote for him in d first place?

Ttalk:
Thats a patriotic indictment on Tinubu adminstration. There's no justification for this kind balablue in the universe. For the mere fact that Tinubu allowed the NNPCL to deceive Nigerians without firing any of them is an indictment on him.

Tinubu should sit up there's no time for pampering here

How do you want a liar and thief to sit up?

oluwaseyi0:
It's their money and they have every damn right to spend it how they deem fit, if Bobrisky didn't mention it will you know?

Same way this people you love to hate for spending their money will have been donating to multiple charities and because they do it low key you wouldn't know

Not everyone will give a thousand naira with a hundred camera watching

How did they make this money that u say they have a right to spend?

If a person uses his money to let's say arm suicide bombers, bandits that can endanger you, would u look the other way because "It's their money and they have every damn right to spend it how they deem fit"?

Thegamingorca:
Until you see one rotate it's head 360 degrees for you

Does that mean they are not beautiful?

doggedfighter:
Good as a pet.



This one looks beautiful.

How will you feed it?

FreeStuffsNG:
Excess petrol is not even in the picture yet because others, including the relatives of Alhaji Dangote, still import.

This is a milestone and I believe that other issues that come up along the way will be resolved in the patriotic interest of Nigeria and business imperative of all the stakeholders.
What we should avoid is a monopoly and scarcity not excess petrol that can be easily exported to even earn more forex.
Remember that NNPCL is a significant part owner of Dangote Refinery. Most of you keep forgetting this fact.

Who are the "we"?


Which monopoly is to be avoided when the same nnpc that u blindly support has already monopolised supply?


On one hand you support nnpc for being single buyer because you claim "It makes perfect business sense to be the offtaker" and yet you say monopoly should be avoided.

Sycophancy won't let you see how you are contradicting yourself

lekonso:
As it is now, no marketer will be allowed by the govt to buy directly from Dangote refinery

the same nnpc put up this lie

adabaraabdul:
The arrangement btwn NNPCL and DRL is shrouded in deep secrecy and it is very difficult for one to make informed judgements on what goes on in the energy sector at the moment. It also gives rise to suspicion of under dealing. Let the Government provide ample information to the public already. Atm, nobody knows how much is a liter of Dangote PMS.

Nnpc dishes out lies on per second basis. It denies being sole buyer but it is announcing that it is the sole buyer

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.

And the same nnpc denied that it's not the sole buyer.

Be deceiving yourself.

What is this "strategic margin"?

Kindly explain how it makes perfect business sense?

Did dangote get the crude for free?

Nigga promised insecurity. He does not have to wait to be governor before he fulfils his promise

Frezhkid10:
1. Send a mail to Nigerian customs complaint mail..and make inquires about the amount to be paid.
2. Oo sorry I shouldn’t use the word “minimal”..the import duty is 10%

Did you send an mail to Nigerian customs complaint mail..and make inquires about the amount to be paid before you made this claim?

Frezhkid10:
Yes!!..but it would be minimal shaa

chidiokay:
i dont believe it a coincidence, as at then a chess game was on and they came with that price to box Dangote in the sense that, Dangote determining is price will be centered around the N897

Did dangote not fix price for his diesel, however its not possible for dangote not to have a price for his fuel, as long as its not free Nnpc is buying it at a "price"

Nnpc dont just want Nigerians to know the true price, so they can keep milking the nation dry, they might even claim they are subsidizing dangote fuel for us

.
You didn't answer the questions I asked.

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 should 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:
No
No stupid comment from me

Then how are you not able to answer this based on your earlier claim?

If you say that your earlier comment that the next regime will fix the " fix price to reduce the cost of petrol at the pump", When nnpc fixed petrol price at N897, what do you think it was doing?

doggedfighter:
A simple trimming would have been okay.

But you had to leave it long like a Muslim terrorist bomber.


Only to trim it in church in front of your guests.

Maybe the bride suggested he trim it but he was obstinate as a he- goat.

The beard looks good on him trimmed.

Who shaved or trimmed Moses beards before he went to meet with God on mount Sinai for 40days and 40 nights?.

Did God make trimming beards a criteria before Moses came to meet with him?

Candidlady:
Cleanliness is next to godliness

Men with this kinda beards should never ever be trusted.. they are very very unfaithful

What is the correlation between having a beard and uncleanliness?

Did a man with beard cheat on you or have you dated all the men in the world who have beards and they were all unfaithful to you?

I

Ojuntana:
I don't know

Are u now saying you made a stupid comment?

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

chidiokay:
its not a question of coincidence,q what Nnpc did then was to box dangote, anything is possible in this shithole but N897 cant be dangote price ... If Nigerians allow it then we are the dumbiest people alive


Ofcus, Nnpc is doing everything possible to enforce secrecy and ensure they cover their tracks .. what Nigerians can do at this time is mount pressure on Dangote, rain blames on dangote, cos he is the weak link
dangote cant stand the heat of the people he will mostly like open up, if we sit n watch Nnpc will sell Nigeria one day

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:
That's the stupid question I was talking about

.

If you say that your earlier comment that the next regime will fix the " fix price to reduce the cost of petrol at the pump", When nnpc fixed petrol price at N897, what do you think it was doing?

Ojuntana:
No. It's a good comment



I don't know how they will fix price. Stop asking stupid questions.

It will fix price to reduce the cost of petrol at the pump.

Any other questions

If all the above are true, then you should have no problems answering this:

When nnpc fixed petrol price at N897, what do you think it was doing?

Ojuntana:
I don't know
Don't ask me stupid questions

Are you saying this is a stupid comment?

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

How will the next regime fix price?

Why will it fix price?

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

When nnpc fixed petrol price at N897, what do you think it was doing?

Frezhkid10:
The import duty is been paid on the petrol or diesel or fetilizer been carried out from there!!
The import duty is determined by the customs according to laid down principles..
Goods taken out of a free zone is deemed as importation

How does that answer the following questions?

1. What is the import duty being paid or better still how much is it?

2. What do you mean by "minimal"?

3.Is there "minimal" import duty?

chidiokay:
That was before today, are you saying Nnpc fix price for dangote even before an agreement was reached

N897 is the existing price for imported pms, how in the world does it make sense imported and local product would sell for the same price ... abi we dont just like doing things with sense in this country

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?

Babangidapikin:
Na you write article na you dey reply. Instead of you to put your voice and encourage Mr Governor to add additional 100k cash grant to his farm input ..you are looking for whose name to malign ..and you no sabi plant cassava .

Is he the one supposed to encourage the governor to do his job?

Did the governor not swear an oath to look after the welfare of the people of osun state?

Is it the op that encourages the governor to be clueless before he became clueless?

How well has the governor managed the resources of the state and provided for the people of the state?

chidiokay:
Maybe a win win for Dangote & Nnpc, Bro we dont know the price yet and from all indication this people are tying to foil any transparency around price determination

The open petition written by the importer of diesel to the presidency wailing that Diesel is cheap is an eye opener that Nnpc wont let dangote crash fuel
the purposely impose themselves as sole distributor so they can keep dangote on a leash, as time go Nnpc will claim they are subsidizing Dangote to ensure the looting regime never ends

it is not a Win for Nigerians until NNPc hands off and let true market forces determine the price, if Dangote cant announce his price then we are on a long thing

Nnpc has already fixed price at N897

Frezhkid10:
Because it’s in a free zone!!..
A free zone is not subjected to the law of the country and any goods coming out from a free zone is deemed as importation.

That's not what I asked you.

What is the import duty being paid?

What do you mean by "minimal"?

Is there "minimal" import duty?

Frezhkid10:
Yes!!..but it would be minimal shaa

What is the import duty being paid?

What do you mean by "minimal"?

Is there "minimal" import duty?

Vision101:
It will work but you need this to take off. The system will stabilize.

How will it work?

Which system is stabilizing and why is the system not stable?

Lifestone:
NNPCL will buy all the petrol from Dangote and in turn sell to retailers. I suspect NNPCL will do under recovery of cost aka subsidy so the PMS cost will not be over the roof.

What is "under recovery of cost" and how is it the same thing as subsidy?

Which cost is being under recovered?

How will pms cost be over the roof without nnpc being the sole buyer of dangote fuel?