mikeapollo:


Please stop a while and think deep. Don't be fooled by the silly assertion that Nigeria is doing father Christmas to neighbouring countries. There can never be an end to the so-called "subsidies" if they keep importing refined products and the naira keeps depreciation.
CFA is now stronger than Naira so it is cheaper for smugglers to come but fuel here and bribe your customs officers, ship it across the borders and sell to make profit.

It is not a foolish assertion. It was happening

And Nigeria is not the only country with this problem. Libya, Venezuela and Iran all.heavily subsidise fuel AND all have big issues with smuggling of fuel.

Libya is even resorting to bombing its fuel smugglers.

Caseless:
Aradu...stop panicking.

The biggest yahoo yahoo is federal government. They are always not sincere.

Juju70:


Na soo o! Na so one idiot for here dey bash me! When I talk say Dangote na monopoly

that’s how dangote survived Nigeria economy

nairalanda1:
So, we still won't be enjoying domestically refined fuel yet. Played again by APC

Anyway, we can't go back to subsidy, even if APC goes tomorrow. We can't be borrowing to fund some countries' kpayo addiction.

Importation of fuel after Buhari commissioned his refinery?

lexy2014:


do other marketers have refinery?

am asking why is dangote being given license to import while he has a refinery?

besides, i thought NNPC said that the refinery was meant to stop importation which is supposed to save forex?

so which grammar are u now speaking?

what is the correlation between NNPC removing subsidy and reducing its "importation units"?

what are those "importation units"?

Let me break it down for you:

1. NNPC is not stopping marketers from owing refineries infact they don't care where you g wey fuel from. The market is open to everyone. If you feel refinery is cheaper for you, go and open it. If you feel importation is cheaper, go ahead.

2. Dangote has become a marketer hence the need to get an importation license, he's in the market to compete. He will buy local Crude oil, refine and also import. Once his production is at full capacity, he can decide to stop importation.

3. It is not stopping importation of fuel that's saving forex but stopping the cost the government bears i.e. Subsidy. What this simply means is that government will not pay anything for us to get fuel cheaper hence all marketers including NNPC itself will import or refine fuel at their best rate.

4. The correlation between removing subsidy and reducing its own importation unit is that NNPC will not be the sole importer again unlike before that NNPC will buy at for example 550 and sell to marketers 180 who resell at 187.

Vboot1:
I don't understand.. what about our Dangote Refinery? What is fuel importation I am hearing, I thought they've removed subsidy?

Wetin be this subsidy sef ?
Who is subsidizing who ?

Nigerian na wa!

Subsidy is like a certain amount the government contributes to reduce the cost of fuel for the people..It leads to a fall in the price of the subsidised product.
Now they have removed subsidy...That's the reason we buy fuel at 480 - 550 per litre...
So Dangote has also been included to import fuel since no refinery including Dangote's is working to refine the crude...
This means we have not choice than import Fuel..
Dangote is simply a Marketer at this time..

Broad daylight fraud

I hope this is not a ploy to import extremely dirty and highly leaded fuel that damages vehicles and export the derivatives of Nigerian crude which is used to make premium products used to power supercars and race cars?!

Una good morning.

Owner of refinery importing fuel?

Monopoly promax

ganisucks:
Kikiki...😆😅🤣🤣

Nigerians enjoy getting scammed.

If Baba Lagos like he can pay all the small Frys money to pretend he is President, the powers that be will just be laughing. When the time comes, they will give him quit notice. If after six weeks he doesn't comply, they will give him the Gbagbo treatment.

Baba Lagos is "the powers that be"

franugo:


Where is the attack? Someone arrived at a very valid conclusion from the news at hand and you scream attack? Tell me what's wrong in his assertions

What valid conclusion? Let's assume you are Dangote. You took loans and years to build a refinery and then you conclude that the refinery will just be built so that you can import fuel...lol and then use the facility that you took billions to build just for importation..lol. If this is a valid conclusion to you then it means something is probably wrong with the left side of your brain.

You mean all that refinery talk is thousands of underground empty tanks waiting for “imported fuel”?




Seun abeg shift make I faint#

nairalanda1:
So, we still won't be enjoying domestically refined fuel yet. Played again by APC

Anyway, we can't go back to subsidy, even if APC goes tomorrow. We can't be borrowing to fund some countries' kpayo addiction.

Listen to this!


https://www.youtube.com/watch?v=RdEkBoOVKfk

Why would dangote get the license to import fuel, Chai! naija is dead. We don't have a country just a slum of corrupt individuals.
Since his refinery won't start working till 2024 why can't nnpc allow the fuel marketers to import petrol, why is it dangote

Shebi I said it the refinery is built on water and that place is not a solid ground. Water will wash his refinery away

REDshouse:
Dangote refinery will never produce any fuel... importation fuel money swit pass production stress

so why build d refinery? Why waste so much money?

BATified23:


Let me break it down for you:

1. NNPC is not stopping marketers from owing refineries infact they don't care where you g wey fuel from. The market is open to everyone. If you feel refinery is cheaper for you, go and open it. If you feel importation is cheaper, go ahead.

2. Dangote has become a marketer hence the need to get an importation license, he's in the market to compete. He will buy local Crude oil, refine and also import. Once his production is at full capacity, he can decide to stop importation.

3. It is not stopping importation of fuel that's saving forex but stopping the cost the government bears i.e. Subsidy. What this simply means is that government will not pay anything for us to get fuel cheaper hence all marketers including NNPC itself will import or refine fuel at their best rate.

4. The correlation between removing subsidy and reducing its own importation unit is that NNPC will not be the sole importer again unlike before that NNPC will buy at for example 550 and sell to marketers 180 who resell at 187.

1. i didnt ask you whether NNPC stopped marketers from owning refineries or not. I asked do other marketers own refineries? simple yes or no

2. how does dangote become an importer of fuel when he built a refinery to stop importation?

3. which currency will the marketers and NNPC use to import fuel? is naira or forex?

4. what currency does government use in paying for subsidy?

5. what are those "importation units"?

kindly see the screenshots below which contradict everything you have been saying. maybe you can tell us where u are getting your own information

All of us we face it together, whenever we say the truth as long as we are not from the north or west, we are been labeled as terrorists.
Just look out what this government is playing with the future of this nation.

ganisucks:


https://www.energytimesng.com/why-nnpc-grants-fuel-import-permit-to-dangote/

Import again? Na so these foreign influence on our oil refinery strong reach?

Even for private company too? Ha! God forbid... UK wicked.

lexy2014:


1. i didnt ask you whether NNPC stopped marketers from owning refineries or not. I asked do other marketers own refineries? simple yes or no

2. how does dangote become an importer of fuel when he built a refinery to stop importation?

3. which currency will the marketers and NNPC use to import fuel? is naira or forex?

4. what currency does government use in paying for subsidy?

5. what are those "importation units"?

kindly see the screenshots below which contradict everything you have been saying. maybe you can tell us where u are getting your own information

You're the one shifting goal post here.

What are the methods to get fuel in Nigeria?
1. Import
2. Refine

Dangote went for option 2 first before going for option 1

Your Number 2 Question:
Fuel importation is not the problem of the country but subsidy payments on fuel importation. Nigeria cannot stop fuel importation until Dangote and other refineries are fully functional. Dangote wants to explore every option available. Refer to closure of border when our rice isn't fit for consumption yet.

I will ignore Number 3 and Number 4 because you just introduced them into the argument

5. See attached

This is the game they have been planning for long, why would dangote import fuel for what now, that means his refinery is not set for operation. The past government just did everything possible to commission projects that are not ready

Haaaaaa.......Funke!!!



Wetin dem go commission.

mignone:


Listen to this!


https://www.youtube.com/watch?v=RdEkBoOVKfk

Nope..it just confirms an aspect of the reason why subsides are bad.

Thanks

So Dangote is not ready for operations again,well this is another means of placing afflictions on poor Nigerians . why can't Nnpc fix at least 2 refineries for Nigerians? so Dangote is richer than Nigeria God have Mercy. Anyway I know this country problem has no solution except God's intervention

olowo1930:
So Dangote is not ready for operations again,well this is another means of placing afflictions on poor Nigerians . why can't Nnpc fix at least 2 refineries for Nigerians? so Dangote is richer than Nigeria God have Mercy. Anyway I know this country problem has no solution except God's intervention

NNPC is repairing the refineries

BATified23:


You're the one shifting goal post here.

What are the methods to get fuel in Nigeria?
1. Import
2. Refine

Dangote went for option 2 first before going for option 1

Your Number 2 Question:
Fuel importation is not the problem of the country but subsidy payments on fuel importation. Nigeria cannot stop fuel importation until Dangote and other refineries are fully functional. Dangote wants to explore every option available. Refer to closure of border when our rice isn't fit for consumption yet.

I will ignore Number 3 and Number 4 because you just introduced them into the argument

5. See attached

1. Do other marketers have refineries? Simple yes or no.

2. If you say fuel importation isn't the problem but fuel subsidy, then answering these questions shouldn't be a problem for you:

3. which currency will the marketers and NNPC use to import fuel? is it naira or forex?

4. what currency does government use in paying for subsidy?

5. How does your screenshot answer this question: what are those "importation units"?

nairalanda1:


NNPC is repairing the refineries

For how long now and after how much expenses?

I am really worried!
Why Dangote?
Is there no major coy ready to invest in the industry?

lexy2014:


1. Do other marketers have refineries? Simple yes or no.

2. If you say fuel importation isn't the problem but fuel subsidy, then answering these questions shouldn't be a problem for you:

3. which currency will the marketers and NNPC use to import fuel? is it naira or forex?

4. what currency does government use in paying for subsidy?

5. How does your screenshot answer this question: what are those "importation units"?

1. Yes. NNPC is a marketer and she has refineries too . Bua is also another marketer building its own refinery. Dangote did not hold anybody

5. You can book the next flight to NNPC head office and request for the data you require. I have shown you what I have and if it's not sufficient, enjoy yourself