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Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsDiesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May (31451 Views)

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Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by naija4life247: 6:33am On Apr 03, 2024
Yourprick:
Ph refinery this month and some people thinks dollar won't crash lol
People that have been cursed with negativity
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by suckmedownthere(f): 7:00am On Apr 03, 2024
This closing of border to improve the local farmers or producers for rice bean garri did not work because our local producers still sell as the importers,"such greed", now Mr dangote is doing the same, maybe with time his prices of petroleum products will fall, he want to pay back the loan as soon as possible, dollar fall prices still remain the same in our local market, maybe it will also defy the fall in petroleum products.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Lizzysamuel(f): 7:22am On Apr 03, 2024
naija4life247:
Start selling the one produce by your own father at 100 Naira per litre. Nigerians will pray for you and your father
Always insult and more insult.

Is this how Yoruba people are generally are?
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Splashme: 7:26am On Apr 03, 2024
Afospecialk:
Another one is here

It's saddened your heart ko? 😁😁😁
Oga, Dangote started his refinery project in 2013 with the support of GEJ, Okonjo-Iweala and Fashola.

The commissioning was done by Buhari last year but you now sound as if the project belongs to that thief in Aso Rock.

Oga, your thief has done nothing so far
.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by naptu2: 7:31am On Apr 03, 2024
dominique:
Didn't he say he was going to sell it below N1,000? And we still have to wait till may before he starts selling? I pity anybody that believes this dangote has the interest of Nigerians at heart.
Did Dangote say so? Where and when did he say so?
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Jlow2: 7:33am On Apr 03, 2024
Still bought 1700 this morning in Jos, these pple re only interested in being at Forbes list, that’s how bua promised cement at 3500 , nobody bought at that price , only to take it to 11k in 2months, only Allen Onyema has been fair to Nigerians, air lifting stranded Nigerians in troubled countries free of charge, few days ago he crashed Lagos -London flight to 1.2m from 3m and 5m from virgin Atlantic and British Airways, dangote and bua must learn from these man
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by joseph1832(m): 7:34am On Apr 03, 2024
naptu2:
Did Dangote say so? Where and when did he say so?
very good question
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Morenikeji090(m): 7:34am On Apr 03, 2024
You are a big fool….. na so price should jump to 200 naira. Na wa oooo
JAOS:
upon all the hype hmmm, let wait for our own refinery were price reduction will be significant
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by 2shure: 7:35am On Apr 03, 2024
That means fuel might drop to 350per liter or so. I no see any difference.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by YesDaddyTill203: 7:55am On Apr 03, 2024
topelenege:
After all the wait? N1300.

Sponsored article.
You think building the largest refinery in the world is like selling spare parts?
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by YesDaddyTill203: 7:56am On Apr 03, 2024
Alhamdulilah. Petrol and others will all eventually come down. Just a matter of time.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by crossbreedwears(m): 7:56am On Apr 03, 2024
It's not a good news boss. I use diesel everyday for my hustle and the price is still high. We bought diesel at 600 naira before Tinubu took over. Let it go back to 500 naira
hslbroker2:
This is a good news.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by kcprince: 7:56am On Apr 03, 2024
Difference not much . Already depot owners were selling 1350 to filling stations last week. If depot owners buy from Dangote 1225, they will sell at around 1325 which is just about 25 naira difference .
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by lordkay10(m): 7:57am On Apr 03, 2024
Obidunce be like, this is Propaganda, I can’t take this anymore, let me end it all😭😭😭
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by bluecircle470: 8:01am On Apr 03, 2024
topelenege:
After all the wait? N1300.

Sponsored article.
Sponsored comment
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by hakeemhakeem(m): 8:01am On Apr 03, 2024
Splashme:
And that is even the price Dangote is selling to marketers. No meaningful reduction.
.
It would not be meaningful because you aren't expecting it, multiple 200 by numbers of litter each by month and know how much each person saved
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by oshiokpu(m): 8:01am On Apr 03, 2024
Diesel at more than 800 is still too expensive! It won’t do much to curb inflation
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Donaldoni: 8:02am On Apr 03, 2024
Let me see whether piiigggs will call this propaganda cheesy
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by tollyboy5(m): 8:04am On Apr 03, 2024
dominique:
Didn't he say he was going to sell it below N1,000? And we still have to wait till may before he starts selling? I pity anybody that believes this dangote has the interest of Nigerians at heart.
Sales has started read the article
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Donaldoni: 8:04am On Apr 03, 2024
crossbreedwears:
It's not a good news boss. I use diesel everyday for my hustle and the price is still high. We bought diesel at 600 naira before Tinubu took over. Let it go back to 500 naira
@bolded A category of people like making this senseless comment. Why?
Before Tinubu, the dollar was heavily subsidized and the import duty rate was way lower than the exchange rate. Today, they are the same. angry
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by NinjaMetahuman: 8:05am On Apr 03, 2024
Good but they should not stop importation because of dangote.

If the price of dollars comes down more, dangote may not reduce the price of diesel and he will be one controlling how much we buy petroleum products like cement.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Minjim:
I knew all these recent hikes was to make sure Dangote also sell locally at the same price he sells to foreign markets.

This increase isn't significant enough to positively affect the economy
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Donaldoni: 8:06am On Apr 03, 2024
It's not about the price of the diesel.

It is about the fact that there will be less pressure for dollars on the forex market.

Naira will then appreciate and then the price of goods will reduce.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Donaldoni: 8:07am On Apr 03, 2024
NinjaMetahuman:
Good but they should not stop importation because of dangote.

If the price of dollars comes down more, dangote may not reduce the price of diesel and he will be one controlling how much we buy petroleum products like cement.
Don't worry, our local refineries will give Dangote a run for his money. cool
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by whizzler: 8:08am On Apr 03, 2024
Kuginzi:
Dealers get one million litres each at N1,225/litre, price drops in Oyo, Lagos, Ogun



https://punchng.com/diesel-price-drops-as-dangote-sells-n1225-litre-supplies-petrol-may/?amp
At N 1,225 per litre it's still high. The government as we hear need to complete the nations refineries. Diesel should sell between N600 and N 800 or even less. Waiting for how much they will put PMS, which should realistically not sell beyond N 250 / N350
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by whizzler: 8:10am On Apr 03, 2024
Donaldoni:
It's not about the price of the diesel.

It is about the fact that there will be less pressure for dollars on the forex market.

Naira will then appreciate and then the price of goods will reduce.
For price of goods to reduce the government needs to set up price control mechanism because Nigerian traders won't on their own reduce prices significantly
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by NinjaMetahuman: 8:10am On Apr 03, 2024
Donaldoni:
Don't worry, our local refineries will give Dangote a run for his money. cool
lol yinmu.

Are there no other local cement manufacturers apart from dangote? How many of them have given dangote a run for his money?
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by ivandragon: 8:12am On Apr 03, 2024
The real enemies of Nigeria are taunting those who raised their voices to ensure the right things are done.

Apc would destroy something, then fix a tiny aspect back and start hailing themselves and calling others haters.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by Acidosis(m):
Supply diesel by May to dealers at N1,225/litre? 😭😭

He hasn't even supplied the crazily expensive diesel and people are already jubilating? Ahhhh!

What's the idea behind the "humiliating" comments on this thread? I don't get it. Do you people think that you and your households will still be able to afford the pump price?

One reason the country remains backward is because of the number of people waiting to celebrate stup!dity.
Re: Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May by lexy2014: 8:13am On Apr 03, 2024
hslbroker2:
This is a good news.
are you using diesel?
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