₦airaland Forum

We all heard our New president's inaugural speech earlier today, and how he openly declared that fuel subsidy is over.

That declaration has been sending shock waves across the nation, especially the business oriented ones cos they know that the resultant effect would be that they'll start purchasing fuel for up to N700 per liter, hence my urge to start this thread.

I went out to check the fueling station closest to where I stay here in Lagos, unfortunately they were locked, they had no fuel.

So please kindly tell us how much a liter of fuel is in your location.

Mods help us with wider view.

N300

Tinubu wants to show Buhari he can treat us like cows successfully. Around N300 mark is rampant l.

Primeblog:
N300

Are you for real. What part of Nigeria are you based?

189- NNPC Oyo State

CodeTemplar:
Tinubu wants to show Buhari he can treat us like cows successfully. Around N300 mark is rampant l.

N300 is too much biko. With dangote refinery fully operational, I'm expecting it to be way cheaper than that.

Una don start with propagandas

Our gateman went to get fuel just now and it was sold for #220

Orbhagbemi555:
Una don start with propagandas

no b propaganda..my area na 400 now..just this evening

Nazgul:
Are you for real. What part of Nigeria are you based?

Abia

bigpicture001:
no b propaganda..my area na 400 now..just this evening

Abeg Which area be that?

Katikati everywhere !

Nazgul:
N300 is too much biko. With dangote refinery fully operational, I'm expecting it to be way cheaper than that.

Dream on.

Is like people see dangote as a charity organization.

Did dangote ever mention that FG gave him money to build his refinery?

Or you think he won't pay tax both state and federal tax.

So he will not pay off his loan that came with interest.

U na dey Jones gan

Yugoslavia247:
Dream on.

Is like people see dangote as a charity organization.

Did dangote ever mention that FG gave him money to build his refinery?

Or you think he won't pay tax both state and federal tax.

So he will not pay off his loan that came with interest.

U na dey Jones gan

During fuel importation we were buying fuel at most N170 per liter. Now that fuel is refined here in Nigeria, are you expecting us to pay above N300 per liter for it?

And it has nothing to do with his loans...

Nazgul:
During fuel importation we were buying fuel at most N170 per liter. Now that fuel is refined here in Nigeria, are you expecting us to pay above N300 per liter for it?

And it has nothing to do with his loans...

Bro go an listen to bala on arise tv page on twitter.

Will dangote sell to Nigeria at dollar rate or naira rate?
The loan he will pay were they gotten in naira rate or dollar rate?

Is dangote going to sell cheaper to Nigeria and sell more to abroad customers?

The workforce especially those from overseas, will they be paid in dollar or naira? If it is dollar then it will be uniform. you can not segregate payment

CBN says they will buy forex from dangote. Now will he sell in CBN rate or parallel or black market rate?

If he sells the parallel rate or black market then dollar will not reduce but increase.

If dangote sells cheaper to naija customer that means Nigeria is paying dangote subsidy.
Answer the question and tell me your answer

220 -280 in Benin metro
Must get to 500 by weekend


* Modified *

350 - 400 is d news going round now!

wahala promax!

Nazgul:
N300 is too much biko. With dangote refinery fully operational, I'm expecting it to be way cheaper than that.

dangote refinery isn't gonna make fuel cheap....instead it's gonna increase in price cause it wouldn't be subsidized unlike the products given out by the government

All fuel stations in my axis shutdown since 4pm creating panic buying 😁

😳😳😳😳😳😳😳😳😳😳😳😳😳

Yugoslavia247:
Bro go an listen to bala on arise tv page on twitter.

Will dangote sell to Nigeria at dollar rate or naira rate?
The loan he will pay were they gotten in naira rate or dollar rate?

Is dangote going to sell cheaper to Nigeria and sell more to abroad customers?

The workforce especially those from overseas, will they be paid in dollar or naira? If it is dollar then it will be uniform. you can not segregate payment

CBN says they will buy forex from dangote. Now will he sell in CBN rate or parallel or black market rate?

If he sells the parallel rate or black market then dollar will not reduce but increase.

If dangote sells cheaper to naija customer that means Nigeria is paying dangote subsidy.
Answer the question and tell me your answer

gfon:
dangote refinery isn't gonna make fuel cheap....instead it's gonna increase in price cause it wouldn't be subsidized unlike the products given out by the government

This is serious...so we're screwed.

foxxydude:
All fuel stations in my axis shutdown since 4pm creating panic buying 😁

Please which area is it?

foxxydude:
All fuel stations in my axis shutdown since 4pm creating panic buying 😁

Great period for black marketers to hammer.

E go hot for Abuja tomorrow.

Fuel scarcity for this town na 5&6.

Primeblog:
Abia

Abia petrol sales prices have been high.

Nazgul:
Please which area is it?

Benin City

Jennyclay:
Our gateman went to get fuel just now and it was sold for #220

Why is your gateman running errands for you?

folake4u:
E go hot for Abuja tomorrow.

Fuel scarcity for this town na 5&6.

Sorry ooo

Acidosis:
Sorry ooo

Thank you dear. 😫

folake4u:
Thank you dear. 😫

😢🤗🤗

Sha give us update tomorrow

Nazgul:
N300 is too much biko. With dangote refinery fully operational, I'm expecting it to be way cheaper than that.

Bro, you are one person I enjoy reading your posts on Nairaland but it will be naive to think the prices will remain around that range even with Dangote's refinery.

Acidosis:
😢🤗🤗

Sha give us update tomorrow

😂😂😂😂

I will try. I'm not promising though.

folake4u:
😂😂😂😂

I will try. I'm not promising though.

😃😃

Okay, I trust you