Dangote is still making Nigerians feel good till he eventually ties the rope on Nigerians and squeezes them to death like he is doing in the cement sector.

Onyedikachi231:


So if they are still subsidising petrol, why do you think it is not same route they are taking now?

Yep, our leaders have never been known for being bright. At the end, there are ways to make things improve.

The Billions that they stopped paying for it, was it not the one akpabio and co under the supervision of the APC criminal gangs lead by tinubu is siphoning back to their pockets,

Yep, apc is corrupt, who would have thought?

Why will akpabio have a constituency allocation of 2 billion naira, does it mean the tinubu gangs weren't settled for that or you think it is not same subsidy money you people said you removed.

It is kind of bad, but at the end of the day, 2 Billion naira won't pay for many subsides. Not when it costs nearly one trillion or more to subsidsie fuel (forget the 600 bn, in feb we were spending one trillion for subsides.

Stop defending APC, it will make you look very stupid.

SO, anyone who disagrees with you is an APC supporter? Someone like me that backed GEK subsidy removal, because despite the fact I opposed him, I could see sense in what he was doing, and still back it is an APC supporter? Someone that thinks APC Is just PDP is an APC supporter?

Funny reasoning have you.

burp18:
We should expect even more reduction in the price when the port Harcourt refinery kick starts.

..will that port Harcourt refinery ever start... Tinubu said the refinery will start by December 2023 ...and the mele kyari the CEO of NNPC said in March 2024 that the refinery iwill start in 2 weeks time...but up till now it has not yet started

LegendHero:


Nigeria is a place where things drag a bit after the publication of commissioning.

So for Porthacort refinery, I am giving them the benefit of the doubt that it will definitely start production in few months. Fingers crossed.

—Lagos Blue rail (Came to fruition after some months)
—Dangote Refinery (came to fruition after some months of delay)
—Aba supposed 24/7 power (never happened yet)
—Lagos Red Rail (Commisioned, awaiting the start)

Who told you Aba 24/7 has not happened yet? Haba bros fear God naaaa

dominique:
Is that what's reflecting on the pump price?

Oga reflector
Rest pleaze

That is nice...but the price should still go down the more..at least to 400 naira a litre

2shure:
Idiot. It ahold be crashed to 500 a liter,while pms should drop down to 300 a liter.fools

Why don't you build your refinery and start selling pms and diesel for #50 and #90 respectively.

forgiveness:


Build my own? Is Dangote the owner of the land he is building the refinery?

Did he pay one naira to acquire it?

Is he paying tax?

Whose money did he use to build the refinery?

Oga, my money dey that refinery as long as he got some money from the government. So, I fit talk.

Lolz! Orisirisi... How much be your money wey dey there?

forgiveness:


Build my own? Is Dangote the owner of the land he is building the refinery?

Did he pay one naira to acquire it?

Is he paying tax?

Whose money did he use to build the refinery?

Oga, my money dey that refinery as long as he got some money from the government. So, I fit talk.

Lolz! Orisirisi... How much be your money wey dey there?.

Fearyourcreator:

Lolz! Orisirisi... How much be your money wey dey there?.

As long as government money dey, my money dey.

iamtoofan:



Are you speaking as a novice or as a bad belle, how can dangote drop diesel at 1000 and retailers will sell @ 1500 (50% profit margin) haba
The only cost incured is logistics, highest pump price should be between 1100 -1200 depending on location. lets be reasonable

Though I disagree with that guy quoting outrageous price, retailers can fix any price they want.

🤣🤣🤣🤣Just wait for 3 months to come and see how much the diesel will become if dangote wont sell for 1800 per Litre

Selling at 1000 which means it will end up at the pump at 1200 - 1300, it may reduce the current price of 1395 in some Nnpc and 1450-1600 at other stations.
But 1000 from dangote is still high. Diesel is ought to be cheaper than petrol
It runs the economy. Once it goes to eg 300-500, you will immediately feel in in all spheres of life.
Just early last year, we were still buying it for 120 per liter.
Nb: what is happening to ikedc? We are blowing 300l if diesel daily at 1450 per liter. Hardly any electricity on MD2. Not up to 1 hr daily.
This ikedc no light issue along with diesel cost is really causing misery for people and busineses.

500.. is to much....

Nigeria is gone.... God punish... those evil politicians and businessman

forgiveness:


As long as government money dey, my money dey.

How much? Lolzzz

forgiveness:


Because you can't think. Amushua.

If importers are selling for 1,200 after all the taxes, shipping fee and logistics, why should Dangote sell for 1,000 naira when he is not paying taxes to Lagos state government (free trade zone), no exportation, etc?

Mo ronu pelu opolo eee.

Which filling station are you buying diesel for 1200? Tell me the filling station location maybe I can check it out myself because here in Lagos, the least I do see is 1400 per liter.

I hope Dangote diesel will start circulating soon. It shouldn't be more than 1150 in Lagos

1000 naira/litre is still high for an oil producing nation like Nigeria when oli rich nations like Venezuela, Iran and Libya are selling below N50/litre; Angola, Egypt and Algeria below N250/litre; Saudi Arabia, Kuwait, Malaysia, Ecuador, Bahrain below N500/litre. So many others are selling below N800/litre.

At N1000 we are at par with Ghana who is not really an oil producing nation. It needs to go down to about N700/litre

themanderon:
Dangote is still making Nigerians feel good till he eventually ties the rope on Nigerians and squeezes them to death like he is doing in the cement sector.

It can't happen.

ufotunang:
..will that port Harcourt refinery ever start... Tinubu said the refinery will start by December 2023 ...and the mele kyari the CEO of NNPC said in March 2024 that the refinery iwill start in 2 weeks time...but up till now it has not yet started

This is the same way people doubt Dangote refinery will ever work

Paraman:
It can't happen.

How and why?

Blazadenise:
🤣🤣🤣🤣Just wait for 3 months to come and see how much the diesel will become if dangote wont sell for 1800 per Litre

It can happen if the exchange rate is 2000/$. It's all about the amount he will spend on buying crude

themanderon:


How and why?

He will be competing with NNPCL refineries and Modular refineries that are springing up. He can be run out of business by the NNPCL if he quotes outrageous price.

Lizzysamuel:


You mean the refinery they promised us would come up almost a month ago?

You guys called PDP evil party and shouted GEJ must go when diesel was 250.

But you're here celebrating N1000 and you call yourselves patriotic NIGERIANs? Lmao

I just look at them and smile sometimes. Hypocrites.

Lizzysamuel:


Optimism drives no nation to growth.

And if your perennial pessimism makes you sleep better...please enjoy! For @ burp18 and the rest of us we CHOOSE optimism any day and time!!

Nigeria will work and work it will for us all!!

#Optimistic #Period

Lizzysamuel:


You mean the refinery they promised us would come up almost a month ago?

You guys called PDP evil party and shouted GEJ must go when diesel was 250.

But you're here celebrating N1000 and you call yourselves patriotic NIGERIANs? Lmao

What is the price of energy resources globally? Even UK that used to be a net exporter of oil and gas has become a net importer.

Nigerians should realize thst just because something comes out of the ground in your country does not mean you should sell it at a domesticated price

LegendHero:


Source: https://tribuneonlineng.com/dangote-crashes-diesel-price-to-n1000-per-litre/

Very good news. Kudos to Dangote and goodnews to Manufacturers

We thank God for Dangote but where is NNPC and their confused Management by Kyari,as he Promised 3- weeks ago,to make the Port-Harcourt- Refineries to be Functional in 2- weeks then!
To some of us,we knew he was just talking the impossible because he wanted to be like Dangote,but he and his Crew can't as, they don't have what it takes to be Productive!
Shame on the NNPC and most of the MDAs - for making Nigeria unproductive - e g Humanitarian Poverty Dept,the DISCOS ( No Light- Day and Nights),the Customs Dept,the FERMAS,the NNPC,etc.they are only after the yearly -NBillions Budgets,for Corruption in some of these Agencies are too bogus and too corrupt!
Most of these MDAs should be scrapped!

Lizzysamuel:


You mean the refinery they promised us would come up almost a month ago?

You guys called PDP evil party and shouted GEJ must go when diesel was 250.

But you're here celebrating N1000 and you call yourselves patriotic NIGERIANs? Lmao

If there's one thing I like about Bubu's administration and the APC charade was that it actually gave people sense. People were able to identify dumb from dumber. Showed how myopic most Nigerians were under GEJ without disparaging some lapses.

Sudden Economist everywhere 🤣🤣

ValarDoharis:
You guys are shameless!

You chased PDP for diesel around N250 but celebrating N1000.


APC is a satanic party!

Is that what's paining you? Oya com pursu dis ones too

Biodun556:
As naira gains strength the price will continue to fall

Stop having a hopeless hope. That's if you're sincere. Your Naira is not gaining any strength till your evil APC FG stops stealing. You think Naira will gain strength by lies, or by wishful thinking? What are you producing and exporting? Even the crude petroleum you produce your Govt bunkers and steals. Tinubu defends the Naira secretly in case you don't know. The Naira will only get worse.

Paraman:
He will be competing with NNPCL refineries and Modular refineries that are springing up. He can be run out of business by the NNPCL if he quotes outrageous price.

Is it not the same Dangote that has muscled out and is still trying to push his competitors out of business in the cement sector? He will simply try to do the same to maintain control.