You are welcome home.

nlfpmod:


https://techcabal.com/2025/01/14/aws-accepts-naira-payments/#:~:text=By%20allowing%20payments%20in%20naira,in%20Nigeria's%20cloud%20services%20market.

That means they have a future direct or inditlrect project in Nigeria. They meed naira for the project. They are hedging.

TOPCRUISE:
Wetin be IJGB babes again.
Every season we hear another breed and brood of chicks have come out

I JUST GOT BACK

SOLD !!!

No... Its not.

Mugu44:
Good thing he didn't meet Tinubu before this
Smart boy

Tinubu has just destroyed the German government after destroying France and Brazil. Tinubu is a failure.

Why not find something meaningful in your life to do instead of exhibiting stupidity up and down.

TossTos:
David dance


Over excited.

God bless you[b][/b]

On behalf of Yorubas, please make him a scapegoat. We dash you. Omo Alex Jati Jati

Still available

CodeTemplarr:
Is Kano consuming alcohol when they take VAT from alcohol? That formula is fair enough if we must grow. The north wants VAT shared by consumption but get VAT from what they do not consume presently. How does lagos get rewarded for absorbing the pollution that goes with value-addition(manufacturing)?

Very good argument.

Eriokanmi:
Indeed. Where were you in August when dangote said he'd sell direct to the public and cheaper, before NNPCL rushed in to stop him and said they'd be the one to dictate the selling price and take over the downstream aspect? Before they did, they first rubbished the quality of his products in order to frustrate him, after which he invited government officials to his lab to see results of the one imported by the nnpc and his own. Google is your friend.

Amid the government's continued frustration, dangote had to voice out that a top government official owned a blending facility in Malta and the pressure mellowed after he had said this cos they knew he'd expose them all. Kaka keku ma ǰę sese, a fi shawadanu ni. It's a wise adage and they now brought up a decision of taking over the downstream aspect and sold to Nigerians at a ridiculously high price which angered dangote. The nnpc in order to keep frustrating him, said dangote can't meet local demand amd they'd apppont 3 importers...true or false? Dangote now showed them proofs that he even had more than enough to supply to the market

Again, where's the port harcourt refineries they lied to you 3 times would soon commence operations after which they said the TAM had failed recently? Suffice is to say, I'm also relevant in the sector as a service provider . Illiteracy of the mind is the worst of all diseases, which only the affected can cure . Political chap points you said, hun? We're in it together.

This was when they had an agreement, but now, turns of event have overshadowed it.

djon78:


I personally believe that if the pricing is good whereby Dangote fuel is cheaper

Importers will be run out of town

But if Dangote s price is higher
The importers will take advantage of that

That's normal practices anywhere else in the business world

Thats what they are doing. Importers with hidden agenda are now taking advantage of the price Dangote is selling. In a country where we have been crying that we don't produce anything. And some people here don't mind, all what they want is cheap fuel, whether good or bad.

baralatie:

Has the operation of dangote refinery strengthened the naira?

Tell your FG to let it be.

baralatie:
All this blackmailing and counter blackmailing has not reduced fuel price
So why the noise

You will make bigger noise when you multiply $25 billion dollar by 1,700.

dalass:
NNPC IS A BIG OPEN FRAUD

Its like a SHELL company right within the four walls of the country. You don't know what is going on there.

TEYA:

What exactly do you know about economics? Did they curse your country with importing from outsiders? For how long will these wicked marketers steal from you before your eyes will open? Can you not see from these opposition against Dangote refinery why the NNPC refineries never worked?

You just sounded right. Your first comment did not do justice to the subject matter.

We can say we want cheaper fuel ignoring Dangote's refinery, ignoring the value chain employement and engagement it brings, the quality of fuel refined, the effect of fx supply as the refinery is expected to stop importations which will reduce the pressure on fx.

Guestlander:


Nigerian crude is premium crude, a little more expensive. I believe the importers make more money by buying cheaper products from abroad.
Export premium, more expensive crude and import lesser quality products. It's business but there's a cost to it.
This same principle contributed to the exit of pharmaceutical companies out of Nigeria.

You are right sir, this is another great angle to it. We drill one of the most expensive class of crude. And this is Dangote's feedstock.

TEYA:

You can imagine! And inspite of everything you pointed out, clowns like the guy you quoted are still defending the marketers. What exactly is wrong with Nigerians? If IPMAN is crying about monopoly, with the havoc they have wrecked on Nigeria, should they not have a refinery by now? Dangote's competitors are other private refineries on Nigeria not marketers, anybody can be a marketer with the right connections!

Imagine IPMAN, with the havoc wrecked during petrol import subsidy, having the audacity to say Dangote is playing Monopolist. People that are supposed to be in Jail on a good day.

chidiokay:


Dangote products cant be cheaper, as long as his crude supply is naija oil, they know he is box to the corner cos his refinery was designed to refine best quality of crude not blend like those in malta

2ndly Dangote refinery is designed to primarily serve Nigeria market, those insisting on importation have plans to bring in blended quality and they know Nigerians dont value quality .. cheap price is the watchword

Nigerians want cheap fuel fromdangote But is Nnpc selling crude to dangote at subsidized or cheap rate

Gbam !!!

Eriokanmi:
I'd urge dangote to leave these thieves to continue to milk Nigerian masses who gullibly voted them in power. They deserve what they're getting. Dangote should consider exporting his products to other countries who are interested, hoping they'd not kill him with export duties.

Now I'm vindicated. The reason NNPCL stood as an intermediary was to block the masses from knowing the exact amount the petrol that was being imported and their subsidy scam. How can you be importing petrol when there's a glut in the Dangote refineries? This is a major reason no investors will ever come here. If they could be frustrating our own like this, then it's not safe to invest in Nigeria where an individual's interest supercedes that of a nation.

How can you own an oil company that imports petrol and still be minister of petroleum and the president of a nation same time? Sadly other tribes won't say tinubu is greedy and a bad leader, they'd definitely generalise it on all yorubas and that's my concern. He gives no hoots.

This is not a platform for political cheap points. We are discussing pure economy here.

fineboynl:
How are we even sure dangote is refining a drop of PMS? For someone who took license to import PMS. I don’t see why PMS from hos refinery should be way higher than imported once.

This shows that your understanding on this issue is shallow.
Dangote is using Plait international pricing mechanism while NNPCL is mixing things in Malta. What is the basis for comparing price. Dangote can never beat your Science student NNPCL in pricing. You've been buying adulterated fuel all this while.

MaziObinnaokija:
DANGOTE IS A, CRIMINAL . I bought his cement on Friday@9k and 8.800 per bag
.His sugar is 2k Same thing he dey do with his ⛽️ Nigerians/NNPC should ignore his products and buy elsewhere

Let the Nigerian govt focus on making PH refinery work to beat Dangote's competition.

MaziObinnaokija:
DANGOTE IS A, CRIMINAL . I bought his cement on Friday@9k and 8.800 per bag
.His sugar is 2k Same thing he dey do with his ⛽️ Nigerians/NNPC should ignore his products and buy elsewhere

Have you asked how much they are selling bags of cement in Benin. An economy with lower buying power. Make your findings.

dozino:
Dangote should bring his price down, this will make importation to stop.
This is business,every business man will go for a cheaper price

He hasn't broken even now.

dozino:
Dangote should bring his price down, this will make importation to stop.
This is business,every business man will go for a cheaper price

I pray so too.

If we all had the same opportunities like Dangote, we will do worse. He is a business man. Leave him alone.

Even the IOCs with better comparative advantages, refused to build a single modular refinery.

aariwa:
I don’t think so . I think dangote is trying to hoodwink Nigerians the refinery is completed and then go through the back door and monopolize petroleum importation from marketers and force everyone to buy imported fuel as dangote refinery manufactured fuel. Dangote and his NNPC collaborators can never outsmart those guys. Mark it somewhere . They know the game or have you seen another source confirm dangote refinery is producing fuel apart from the videos he is releasing himself?

Your issue should not be about Dangote.

[quote author=priestchurch post=132915160][/quote]

Why should he do that. Do you know what it takes for a business man to invest $25 billion dollar into this economy?

The past and present politicians are way more liquid than him. None of them could invest. They prefer to take our stolen money to outside the country to be kept.

OYEDIPE:

It makes no sense, right, but if you talk about quality of the fuels, it should make bigger sense.

A bad fuel from Malta will always be cheaper than Dangote's. You know better. NNPLC is killing us small small.... And it must start from all their families.

[quote author=priestchurch post=132915160][/quote]
It makes no sense, right, but if you talk about quality of the fuels, it should make bigger sense.