₦airaland Forum

Mumuric

eBOLA has only come to STEAL, KILL AND DESTROY Nigeria'🇳🇬🇳🇬
# no more, no less
# no peace for the wicked

LibertyRep:
So they've been lying to us all these while that Dangote refinery will bring succour to the masses.
If there won't be a reduction in the pump price of DRL products, what then is the gain?

Now your eye don clear abi

DeLaRue:
I don't think so.
I think what is happening is that NNPC wants Dangote to announce its price by itself.
NNPC will buy at that price and sell to the public.
And if other buyers can also buy directly from Dangote, as the NNPC has now said, then no one can blame NNPC for pricing.
Mr Dangote will not like this as whatever price he announces will not please the public.

you have to understand that by doing so, you are putting hundreds of bastard middle men out of business. the very same bastards that were making a killing by sending crude to Malta in their own yeye refineries and bringing back low quality refined products.

the fact that they even claim that global foreign market will impact the price of gas in Nigeria... when the crude is bought from the Nigerian gov and paid in Naira by a Nigerian refinery, and thereafter sold back in Nigeria in Naira, shows us all they are not serious. what yeye impact does the world outside of Nigeria has on that?

Bobloco:
And to even think that Buhari could manage the Nigerian economy for eight solid years far better than the so-called first-class accountant and Lagos blueprint builder is unimaginable.

...But was he really and truly managing the economy?!!

Buhari was brainlessly and dishonestly papering over the cracks by borrowing and plunging the nation into more economic mire.

The only reason why Tinubu can't continue that pattern is because it has run its course.

We can't keep borrowing and wasting funds to subsidise everything... That's how you turn an already poor country into an economic wasteland.



The biggest undoing of this nation was preventing Goodluck Jonathan from removing the Subsidy in 2012!

The inevitable harsh transition would have been easier for the nation back then when the economy was still stable.

I didn't know that a time would come when sane humans and MURIC would be on the same page!!!

Anambra motorists groan as fuel sells for N1,400 per litre

See how MURIC is given attention by each govt agencies responding to there talk this morning on fuel price hike...

Will they have responded if it was CAN or PFN that ask about the rational behind the arbitrary increase in the price of fuel?
E bike say na Muslim get this country oo!

Omooba77:
https://www.facebook.com/share/p/sXCUpdSmrhRHJAiv/?mibextid=oFDknk

Previous Thread:
https://www.nairaland.com/8206415/pms-nnpcl-should-revert-old

If price of pms is determined by global forces, why then price of pms differs from country to country? NNPCL should stop this manipulations!

I miss nairaland sha. Some hoodlums entered my shop June 29th and made away with my phone. I never fit chop na to buy phone e dey person?? It is well. If you want to support me financially here is my contact 0702683nineteen 72. I used someone phone to login

I think this NNPC is one of Nigeria biggest problem, I thinks its time to completely dissolves NNPC from top the least bottom enough is enough.

Dangote has won Round 1 of the battle.

He would win Round 2 through subterfuge. It is business. Ultimately, all we need is the deregulation of the market not dominated by one player as we currently have it. There are many modular refineries and many more refineries are becoming up to compete with him.

The area of regulation for competition is what NNPC should focus on rather than behave like an operator. Simple

Even muri is tired of supporting nonsense

MrBrownJay1:
they are already planning to sell Dangote's cheaper product at higher price (and STILL make a killing). the minute you got rid of ALL these middle men who were making a profit off of foreign refineries are gone, the minute there are NO MORE MIDLLE MEN. if these middle men want to keep making money off of local refinery then the problem is not Dangote but these yeye middle men.

the above is called... PUTTING VASELINE BEFORE THEY RAPED YOU AGAIN!!!

crude that is bought from the Nigerian gov and paid in Naira by a Nigerian refinery, and thereafter sold back in Nigeria in Naira certainly wont be impacted by global market forces.

Why use rapê as an example? Idiøt

Thinktwicemybro:
Why use rapê as an example? Idiøt

i can see you got the message LOUD AND CLEAR... mission accomplished!

Angelfrost:
...But was he really and truly managing the economy?!!

Buhari was brainlessly and dishonestly papering over the cracks by borrowing and plunging the nation into more economic mire.

The only reason why Tinubu can't continue that pattern is because it has run its course.

We can't keep borrowing and wasting funds to subsidise everything... That's how you turn an already poor country into an economic wasteland.



The biggest undoing of this nation was preventing Goodluck Jonathan from removing the Subsidy in 2012!

The inevitable harsh transition would have been easier for the nation back then when the economy was still stable.

I am comparing Tinubu with Buhari and I opined that Buhari was better in managing the economy

Omooba77:
https://www.facebook.com/share/p/sXCUpdSmrhRHJAiv/?mibextid=oFDknk

Previous Thread:
https://www.nairaland.com/8206415/pms-nnpcl-should-revert-old

Sounds like Soleye's bicycle story.

emy9:
NNPCL being the sole purchaser of any petrol refined from Dangote's refinery should state the price they will sell the product to Nigerians. Dangote did not ask them to be the sole buyer, it's the FG through the NNPCL that said so. Don't put this on Dangote.

But NNPCL has now clarified that they will not be the sole buyer.

It was Mr Dangote that announced that NNPCL would be the sole buyer. NNPCL never said it.

Now that they have clarified that they will not be sole buyer, it means NNPCL will buy at the same price as other buyers.

The ball is now in Mr Dangote's Court to announce his price. Same way as he did for diesel.

Unless something changes it also means that we are witnessing the final end of subsidy.

The only thing I think NNPCL and the government will do now is intervene if they believe Mr Dangote's price is factoring in too much profit for the refinery.

The only reason that they can do that is because they made a concession to sell the crude to the refinery in naira.

But if Mr Dangote refuses to back, it is difficult to see what the government can do.

If the government refuses to subsidise, then we don enter am be that.

Dangote told us everything is in the hands of NNPC.

Now, NNPC says it's in the hands of Dangote.

Whom are we to believe now?

/
Let's not forget that the price of crude oil in the international market has been falling and actually hit its lowest level in a year on Friday. So why is the price of PMS increasing in such market scenario? I don't blame NNPCL. They know that they are talking to idiots who believe that education ends with paper certificates.

/

LordIsaac:
I didn't know that a time would come when sane humans and MURIC would be on the same page!!!

Tinubu's calamitous economic policies made it possible.

The hardship don touch everybody

Bobloco:
I am comparing Tinubu with Buhari and I opined that Buhari was better in managing the economy

Tinubu is like he was sent by global population monitors to reduce Nigeria's population.

Man, your example is disgusting!

MrBrownJay1:
i can see you got the message LOUD AND CLEAR... mission accomplished!

Despicable example!

Thinktwicemybro:
Why use rapê as an example? Idiøt

When they talk about global market forces do they have Libya and Venezuela in mind?

OMEGA009:
They can reply Mumuric but don’t deem it fit to respond to the teeming millions of people who are groaning under the weight of their greedy decisions? Anyway, I don’t blame them. Na those he’ll bound NLC I blame. The e-diots collected “thanks for coming” and agreed to a slave wage with the yahoo promise of no increment in fuel price. Las las, sha. Their children will be stoned on the streets

accent or honda baby boy?

DeLaRue:
Actually I think many of us read it all wrong.

It was Mr Dangote that announced that NNPC would be the sole off taker.

At no time did NNPC itself announce it.

But my question to NNPC is this? If MURIC had not raised the issue, NNPC would have kept quiet and not corrected Mr Dangote's statement?

I think the federal government and NNPC want Dangote to take responsibility for announcing the price of its product.

That way the public will blame Dangote, not the government for the price.

Dangote and NNPC including the downstream regulatory agency have been meeting.

Dangote cannot just say what has not been discussed.
NNPC is simply doing damage control. Believe NNPC at your own peril. I will rather not trust NNPC.
Why is NNPC the one saying that lifting will commence from dangote refinery on September 15. Why are the marketers quiet so far without talking about lifting PMS from the refinery.
About pricing, yes it was Dangote that said that the government council and NNPC were going to meet to decide that. Dangote is not a politician. He cannot be talking from both sides of his mouth. That discussion may have been part of the contract btw NNPC and DRL which is yet to be signed.
Now that the public has made NNPC know they are aware of the imminent violations of the petroleum industry act which allows for open market for all, the jittery has started
There is no truth as far as NNPC is concerned.

The contact template the government is developing is for DRL to invoice the NNPC while the NNPC will now invoice the marketers after the marketers lift the Petrol direct from DRL. That is fraudulent because the marketers are supposed to go and buy direct and get invoiced. there is something the NNPC is trying to hide.

Goalnaldo:
I miss nairaland sha. Some hoodlums entered my shop June 29th and made away with my phone. I never fit chop na to buy phone e dey person?? It is well. If you want to support me financially here is my contact 0702683nineteen 72. I used someone phone to login

U wey get shop dey still dey com online to beg!??
Nawa ooh!!! Some people Dem too do oh..

Dangote is just a refiner like the ones they patronize around the world. NNPCL should stop the rough play.

Bobloco:
And to even think that Buhari could manage the Nigerian economy for eight solid years far better than the so-called first-class accountant and Lagos blueprint builder is unimaginable.

everything about Tinubu has been fraud all through, this has exposed him on a global scale that he is just a product of propaganda and the failure of opposition in lagos that allowed him to get away with his lies that Nigerians started believing him
But this is an eye opener and our media, especially the corrupt lagos Ibadan media Houses,who helped sustained the fraud for years

Next thing now! NNPC will allocate 460 Billion naira to be shared amongst themselves as incentives for writing this stupid senseless post Nonsense! NNPC thieves only concerned about their bottomless Pit Pockets. Why has Mele Kyari not been sacked yet ? After years of continued theft

This NNPC is really jobkess....joining issues with an irredentist organistion rather than address the whole Nigeria through honest actions. Nigeria is at its lowest now.