₦airaland Forum

onatisi:
The major problem NNPCA AND TInubu is having at the.moment now is how to tell Nigerians That the price of 897 is not even workable and that they have to increase the rate again
They have seen people reaction to 897 ,now coming out to say 897 is not even feasible is a big problem . No wonder they are trying to push that responsiblity to Dangote.

givedemwotowoto:
Not only did the cost of petrol rise by almost 500%, Naira also lost about 70% of its previous value under Buhari

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.

Melagros:
COMRADES, APC na one nonsense party, I swear to God, I dey pity her deluded followers

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.

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.

EyeCumInPeace:
Fuel price from less than ₦200 to now more than ₦1000 all in less than 2yrs of Thïefnubu's regime.

Kai! I miss calamity Buhari.

Lexusgs430:
NNPCL an organisation without shame...... They can't refine one drop of crude..... What are all those 5701 employees doing........

If NNPCL was a proper limited company, it would be bankrupt.......

They should at least get one refinery working optimally........

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

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

InvertedHammer:
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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.

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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.

onatisi:
The major problem NNPCA AND TInubu is having at the.moment now is how to tell Nigerians That the price of 897 is not even workable and that they have to increase the rate again
They have seen people reaction to 897 ,now coming out to say 897 is not even feasible is a big problem . No wonder they are trying to push that responsiblity to Dangote.

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.

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.

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!!!

You summmarizdd it, except greed and stealing, that's inherent in this nation.

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.

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.

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.

Christistruth02:
They cannot refine Crude Oil but they can block the road for Dangote who is doing it

NNPC has scammed Nigeria for decades

Lanruze:
Alhaji Aliko Dangote is the smartest and most strategic person here.
Dangote is not the wealthiest man in Africa by accident.
He anticipated this earlier and said he is ready for domestic supply " whenever NNPCL is ready" , He however noted that he also has an export option if the need Arise too.
He is businessman and already has a bitter experience with NUPDRMC & NNPCL.
Baba don wise up.