₦airaland Forum

DeLaRue:
On this particular deal, it is difficult to see what NNPCL has done wrong.

They have negotiated to get the best price they can get from Dangote, and from the pricing information they published this morning, NNPC are not really profiting much from this deal.

Laughing. The same NNPCL that announced new price nationwide before even discussing the price Dangote refinery?
Why would Dangote refinery come out and call NNPCL a liar if the price announced by them is what Dangote sells to them? They have inflated the price that Dangote is selling to them, no doubt about that.

The same marketers that you are attacking now projected N600 per litre with the coming on board of DR before NNPCL hijacked everything and turned it into a secret deal

Zionmdde:
If you think the total cost of imported fuel was less than 1500, then you are mistaken

Nnpc was paying subsidy on a low key, that was the reason fuel price was what it was

The new price of dangote is the true price without subsidy

You are doing guesswork, nothing more. Did your comment explain why NNPCL made itself the sole buyer of DR petrol?
If petrol is 1500 naira litre without subsidy, was that mean Buhari was paying N1300 per litre as subsidy? When government itself made it clear that amount of subsidy per litre wasn't the problem but the amount of litres of petrol that importers were claiming to have imported.
How much is barrel of crude oil that a litre of petrol won't be less than N1500?

lastkingsman:
You are speaking grammar. Whether you vote for him or not is irrelevant in the scheme of things.

Lol. I'm not just a voter. Don't let me say more than that.

His victory in 2027 is already assured. My advice for you is to find way to "enjoy" the renewed hope you voted for till 2031.

I hope you are not one of the Nigerians who believe that our votes don't count in Nigeria during elections, u go receive shock of your life.
Right now, I'm telling core APC members who are saying that they won't come out to vote in 2027 (they don't want to be perceived as engaging in anti-party voting) to come out and vote against him because that's the only we're going to send him away. It is their votes, their right

After then Gandollars Ganduje can take over

PDP said more than this. But when Nigerians were tired of them, PDP was booted out of power the following election after saying that they would rule for the next 60 years

agbado don tire this one when pot never even go half, more agbado to chop. We can't waste agbado like that. Mba!!!

Alihamdulillahi. I'm not at the extreme receiving end of Tinubu bad economic policies, just that I didn’t vote for him to turn Nigerian economy upside down. I'm doing quite well.

Note: the last time I actively worked for money was late 2017. I started backyard farming this year when boredom wanted to kill me. I always look for activities to keep me busy and physically fit.

Gerrard59:
maasoap, our resident Osun Muslim APC supporter campaigned and voted for Buhari in 2015 and 2019.

You are a religion bigot, you should be ashamed of yourself. A Christian can vote for a Christian but when a Muslim vote for a Muslim (not primarily based on the same religion), it becomes an issue. Be careful

Nothing will prevent him from doing the same for Tinubu in 2027. To gauge a voter in Nigeria, ask him/her who s/he campaigned and voted for in 2015. Anyone who voted for Buhari in 2015 would rather die than vote for another person who differs in ideology. maasoap has complained bitterly about how Fulani herdsmen prevented him from farming within his backyard o, yet he supports APC.

Lol. LP or PDP have magic wand to solve issue of farmers/herders crisis in Nigeria, right? Because you made it looks like problem that started with Buhari/APC administration. It is a problem that have been there for a long time and which Obi or Atiku may not even have effective solution for.

Man, follow these people's actions, not their words.

Let me guess, you are Obi supporter, right? The one who was telling a pastor that Christians should take their country back, right? I'm better than him because religion doesn't dictate my actions and deeds.

That said, whether they vote for Tinubu or not, he would still win. Tinubu would rather die than lose the 2027 election.

That because you thought Obi won last presidential election but he was rigged out
Tinubu can only win if there is a no strong and formidable opposition just like in 2023. APC votes dropped from 12 million in 2019 to 8 million in 2023 and you still didn't realise that the breakup of PDP into smaller parties was the reason why APC/Tinubu won the election!

Nuzo1:
1. Dangote did business with Nnpcl/FG, not Nigerians. And so does not owe much explanation to the public.However, he’s also trying not be on the bad book of the people by raising this alarm.

2. Dangote is being careful not to name drop on the FG. He might have signed a non disclosure agreement with FG. So By this statement, he has given them time to retract the lies. And also washing his hands off any future scandal.

3. Dangote sold in dollars because he bought the current crude oil he is using now in dollars. He said he will sell in naira from October when the FG would be selling crude to him in Naira.

This is my position too. Even if it is not in written, some form of oral NDA definitely has taken place between DR and NNPC. He has no choice if he needs their crude oil. Shame of a nation

PureFace1:
Dangote is now sounding like a broken record

He can easily make an official announcement of the price he will sell it, if he's serious .

And after that announcement, he should be coming to your house to buy crude oil, right? You don't seem to understand that greedy Tinubu and NNPC have cornered him. All what Dangote is concerned about now is how to be getting steady crude oil from FG so that they don't render his 20 billion dollars investment useless, make dem do whatever they want with the selling price to Nigerians.
And I don't blame him at all, the politics and drama that Tinubu and NNPC have brought around his refinery investment recently is just too much and risky

ALTERNATEID:
So, how much did you sell the product to NNPC? I can’t see the actual price in the press statement.

He said with a lot of savings against what NNPCL is buying from abroad, that's one.
Two, I believe there is no disclosure agreement between DR and NNPCL like I have been saying since. Their agreement is shrouded in secrecy. NNPCL is gagging DR and he has no option than to cooperate. Otherwise, his investment will suffer from the hand of FG.

Again, I call on Dangote to come out clean. The presidential committee is not the one producing for you. Tell Nigerians directly how much you’re currently selling to NNPC based on the crude you bought in dollars.

This has to do with crude oil NNPC will be supplying to him from now onwards

Mariangeles:
Trump can be anything, but I doubt he typed that. It is way too petty, even for him.
With the US media, anything is possible.

But Trump himself is a petty man. He's an entitled assshole who can say or do anything, a racist for that matter. What did he call Africa again?

bluebay:
He was actually one-off the most active president ever .. make your research

One-off indeed

ALTERNATEID:
Which one should we now believe? Punch at N766 or Vanguard at N960/980?

Why is it so difficult for Dangote to publicly announce the price he intend to sell to marketers? He has been very vocal about a lot of things this year but now that it’s time to sell, he is keeping quiet about the price.

By now, you still haven't realised yet that NNPC/L is the one dictating price and sale method to DR. NNPC changed suddenly their price to 900 per litre overnight even when DR hasn't sold a single drop of petrol to them. Then, they announced that they are going to be the sole buyer of DR petrol.
If DR doesn't play the game, they will frustrate his life and make his investment worthless. FG will be making profit from the DR for every litre he sold out. By profit, I meant the reduction in price that normally should have gone to the masses/public

Freetech:
Shameless professionals

The cost of drugs is on the high side because pharmacist refuse to produce drug locally with locally available raw materials.

Most of the drug in Nigeria are of low quality as ll from China and India.

Currency devaluation objective is to reduce and divert economy from import to export.

Modified,
Complaining about machines, power still boil down to the fact that Nigerian professional are lazy and shameless.

These are same people shouting production ooo, but they are the inporter of FAKE and substandard product. Yes very profitable

China and India where we import everything from now started from somewhere. They endured pain loss of profits and even resources.

When you import, you are depriving govt of tax, unemployment increased and infrastructural development is slowed

You have lost way and you are irredeemable if you don't know that all what you said still rest with our leaders.

lastkingsman:
Akanbi my Jagaban you are welcome awa Lokan, awa National Daddy. Let the national cake (rice) reach my side so I can use that one hold my belle. 🌾🤑

You must complete your eight years sir and your re-election in 2027 is already done and dusted; unopposed and automatic.

Atiku and Obi are political light weights and don't have anything to offer this country. They can keep deceiving themselves and wasting everybody's time and resources.

On your mandate, I shall stand forever ♾️, on your mandate I shall stand forever. On your mandate, Bola....

Long live the man that created Lagos in his own image and likeness,
Long live the great All Progressive Congress
Long live the federal republic of Nigeria 💯

We've seen what Tinubu has to offer, suffering and hardship. I voted for him before but never again! He's nothing but a disaster

China, Dubai and UK, all in one trip, wow! 150 billion naira refurbished jet is doing wonder. Nonsense man!

PerfecttTouch:
If you think there's any solution to all these Petro issue, then you don't know anything

Solution na magic? If Dangote 20 billion refinery can't solve the problem, nothing else can. It is not the problem per se, but corruption within NNPC is the problem

Can Labour union, anyone or any organisation block FG from doing anything it wants to do? Most especially, selling off of national assets . How come such opposition didn't stop FG from selling power sector at giveaway prices?
The same refineries that was sold by Obj to Dangote before Yaradua came on board and reversed the sales!!

But they told him that those behind the death of the late singer were powerful people, and they wouldn’t want to intervene in the matter.

I hate liars. Who are the people behind his death?

This will in turn affect transporters and traders around the secretariat. Do these people understand economy at all? Economy is hurting and bleeding all because of subsidy removal and naira floatation.

Shadomaan7:
When Sahara Reporters started as an online platform, they were a bit credible but over the years, they have been running a tabloid sensational news.

But this is a straightforward analysis that we all knew already now! Naira has lost value by times four against dollar, so, paying for fuel importation would increase by times four too

DevilsEqual:


We are currently trying to reform our Economy and this is 100% normal


I hope you will have the strength to compile useless articles when the whole thing starts paying off

Balabuluu bulubalaaa! Can't imagine that I voted for this dunce.
Tinubu should have known better before he arrogantly floated Naira.
Governors too were happily collecting double allocations without realising that they would be paying times four for everything . Dumbos

Tinubu should have known better before he arrogantly floated Naira.
Governors too were happily collecting double allocations without realising that they would be paying times four for everything . Dumbos

Broveens42:
Don't rejoice yet, these mutations manifest in different ways like sterility, reduction in life expectancy ( check the current LE for people in Nigeria and compare that with those of the 60's and 70's) etc

I didn't know that you're one of the conspiracy theorists

Why are there so many failed paternity tests ?
We know women can be promiscuous, but something doesn't seem right

Lol. And those kids with failed paternity tests don't have their biological fathers somewhere? Their genes just mutated during pregnancy with no effects? Dey play

JikSneh:
In Gbola Tulumbu Lagos again?

I think munching of ewedu and amala kpai her.

People should desist from it or it's look alike, yaribastards are not to be trusted.

Please check my signature for more updates

Mental illness is real

TONYE001:
This does not necessarily support anti-vaccine campaign.

To start, of all those that has received vaccine, how many percent came down with outcomes like this?

Many people have no idea of what life would have been like without vaccines.

Don't mind them. Most of them don't even know how many vaccines their mothers made them receive when they were infants. Now that they are adults, they're forming James Bond

madridguy:
I am always skeptical to use drugs because the effect and reaction at times can be deadly.

That's still because you haven't really needed it.

Shawarmagirl:
One reason why Donald Trump should win the election to wipe those terrorists countries of the surface of the earth. I pray he wins.

I thought he did four years before? May be you are talking about another Trump

Akinomoakin121:
The USA and its allies are supposed to have found another means instead of sanction since all these years of sanction ! sanction!! sanction I was not born that have started this sanction no solution

Like invading Iran, right? May be you will urge them to invade North Korea too instead of sanction sanction sanction!!!

Lol. But USA is supplying bombs and ammunitions to Israel to mass murder Palestinians including thousands of their kids. That's a country that couldn't defend itself against Israel. What a world?

Botragelad:
Oh, for crying out loud, can you lot stop going on and on about Russia's nuclear arsenal?! It's getting bloody tedious! So what if they've got nukes? Are they the only ones?!

🤷‍♂️

Russia has made it clear that it will come to nuclear weapons if it finally comes down to Russia against NATO. And the beginning of bigger crisis is to let Ukraine use NATO countries weapons to attack Russia, the warning was clear. But some people like you still think it is a bluff.
And again, many of them have nuclear weapons and that's why it is called MAD. May be we're getting to nuclear wars faster than we anticipated but still yet to realise it.

And by the way, I highly doubt Putin would use a nuclear weapon on Ukraine when his own country will be affected. Do you think Ukraine will just sit back and let Russia destroy their cities without retaliating? Get real! Russia needs to feel the heat and pain as well. It's that simple!

Well, the bombings of Ukraine is still controlled and selective for now. I just hope Russia won't reduce Ukraine to dust without sparring civilians just like Israel is doing to Palestine if Ukraine is allowed to target Russia city with NATO long range missiles

Botragelad:
Just a heads up for those who haven't been following, this is all happening after the US said Iran is supplying Russia with ballistic missiles.

And, by the way, the US(plus those who have been supporting Ukraine with weapons) has been a bit restrictive on how Ukraine can use their weapons to strike deep into Russia. But now that Iran and Russia have made their move, there's chat about removing those restrictions and letting Ukraine use those weapons however they like. So, watch this space, things might get interesting!

But the same USA refused to show that restrictions in how Israel uses it.
When that happens, we will like to see how Russia will react

ednut1:
they dont need tourist money again?

They do but they are now smart about it. Not all tourists are tourists. Now, you must be middle age and have money. Door has been effectively shut against the poor, the youth.

ednut1:
they dont need tourist money again?

They do but they are now smart about it. Not all tourists are tourists. Now, you must be middle age and have money. Door has been effectively shut against the poor, the youths

Scaaarrr:
how much is it now?

May be 1200 naira, price fluctuates