Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote (14554 Views)
| Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by treesun(op): 11:39am On Sep 12, 2024 |
During Spaces session on Wednesday, Devakumar V. G. Edwin - Vice President, Dangote Industries Limited revealed key insights into the challenges facing the Dangote Refinery and its impact on Nigeria’s fuel supply and prices:https://x.com/Nairametrics/status/1834166811962581197 9 Likes 1 Share
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| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by DevilsEqual(m): 11:41am On Sep 12, 2024*. Modified: 11:59am On Sep 12, 2024 |
Despite the challenges, 44% of dangote refinery’s petrol production capacity is sufficient to meet all of Nigeria’s local demand.My biggest takeaway from all of this If thats the case, then FG needs to look for a way to find a connecting bridge between Dangote's profitability and Marketers fair price cap Meeting all local demands will eliminate scarcity and these silly dubious acts by the marketers and the conmen in NNPC If Dangote continues to export most of his products and Marketers keep importing theirs, then the Dangote refinery is useless to us all PBAT should be serious about this. 90 Likes 4 Shares |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Sonnobax15(m): 11:43am On Sep 12, 2024*. Modified: 2:20pm On Sep 12, 2024 |
 The same meal they have been serving Innoson motors since time immemorial,they have started to serve Dangote too..... But the only problem here is that Dangote has always been a part of the problem right from onset,cuz he has been feasting on the monopoly.... So let him enjoy. 68 Likes 5 Shares
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| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by dinge: 11:58am On Sep 12, 2024*. Modified: 5:27pm On Sep 13, 2024 |
We need a true leader who will cleanup the System. 10 Likes 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by otipoju(m): 12:00pm On Sep 12, 2024 |
A country that is beyond redemption. 14 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by treesun(op): 1:04pm On Sep 12, 2024 |
Nlfpmod, 29 tankers, which is 957,000 litres and less than 1m. There was a country! 9 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by treesun(op): 1:13pm On Sep 12, 2024 |
Sonnobax15:True! 5 Likes 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Shadomaan7: 1:40pm On Sep 12, 2024 |
Too many half baked information. 73 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Anither563: 1:40pm On Sep 12, 2024 |
This is good news. It shows that Dangote is not just a big player in the oil and gas sector, but also a major player in the global petroleum products market. 6 Likes 2 Shares |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by iwaeda: 1:53pm On Sep 12, 2024*. Modified: 2:17pm On Sep 12, 2024 |
treesun:He can sell to Port Novo, Niger and Ukraine. Dangote is not serious, anyway he got his dollar cheaply through Emefiele-Buhari arrangement.  2 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by oluwaseyi0: 2:13pm On Sep 12, 2024 |
This people and dangote keep deceiving themselves thinking they are deceiving Nigerians 10 Likes 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Flame333: 2:13pm On Sep 12, 2024 |
The federal can change the trend in one day by just imposing massive tax to discourage them but if you know that some government officials are owners of this companies, you will definitely understand why they are yet to do anything about it to promote indigenous companies 24 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Solsix(m): 2:13pm On Sep 12, 2024 |
The only thing I deduce from this is that is still cheaper to import all these petroleum products there is no other explanation. And if government stop importation of these products, dangote fit kill us with price. 15 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by eepeepook: 2:13pm On Sep 12, 2024 |
Should they? Abeg, this oil issue no concern me. My newly purchased bicycle enter house yesterday. 3 Likes 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by idanone(m): 2:14pm On Sep 12, 2024 |
God go help this country sha. People way want mk this country good na just 10 percent of the populace. 5 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Treasure17(m): 2:14pm On Sep 12, 2024 |
We really don't cherish our own. 1 Like 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by wman(m): 2:14pm On Sep 12, 2024 |
Wicked souls. |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by spiSeyi: 2:15pm On Sep 12, 2024 |
Another incompetence from the so-called strategists who appointed himself as the president and the petroleum Minister It's easy to bann food importation but it's a rocket science to bann any form of fuel importation  . Crude is the only thing that drives our economy while not just buy from Dangote even if it's as the same price as imported one which is practically impossible bcs of logistics so that we can save the Naira from falling.Nobody can convince me that PBAT and other thieves are not cartels running oil refineries abroad. 2027 should come, and let's all be united for once and retire the hunger strategist  4 Likes 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by MrPresident1: 2:15pm On Sep 12, 2024 |
End time petrol from end time refinery 1 Like |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by ReubenE(m): 2:15pm On Sep 12, 2024 |
Dangote and FG trying to blame nameless marketers ahead to justify what they are cooking for Nigerians behind the scene Front the extended report, this Devakumar guy is saying, the reason why local marketers are not patronizing Dangote and even wrote a letter to FG to complain is because Dangote diesel is too cheap selling for N900-1000 and it is impacting their businesses. Who are the marketers that wrote to the FG. What exactly is their rational for complaining that Dangote selling diesel around N1000 is impacting their businesses so they want something higher. I know some people will believe this nonsense and start blaming Nigerians for being the problem of Nigeria. FG and Dangote need to stop deceiving themselves. Can't believe a whole country Nigeria discussed one man's refinery for many years and now doing so for prices of the products for many months now and counting. Is it that Nigerians cannot lead themselves... 3 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by TheTundeMuniru: 2:16pm On Sep 12, 2024 |
Nigerians are the problem of Nigeria. Simple. 4 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Dannyset(m): 2:18pm On Sep 12, 2024 |
God ooo Nigerians, including Dangote are the problem of Nigeria 5 Likes |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by CommonSense1967: 2:18pm On Sep 12, 2024 |
Ok. Things will sort itself out eventually. It's a new era, everyone is still trying to figure out how this will work. Sooner or later they will buy and prices will come down. I'm sure that Tinubu knows this and he's banking on this for the long run. 2 Likes 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by frog12: 2:19pm On Sep 12, 2024 |
Sonnobax15: |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by ATEAMS: 2:19pm On Sep 12, 2024 |
E b things |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by Fiscus105(m): 2:19pm On Sep 12, 2024 |
Sonnobax15:Whre is the monopoly and did you even know the meaning of monopoly? 7 Likes 1 Share |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by flexyrule(m): 2:19pm On Sep 12, 2024 |
Toh |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by CharlesofJesus: 2:20pm On Sep 12, 2024 |
H |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by 43Ronin: 2:20pm On Sep 12, 2024 |
Probably because it's cheaper to import than buy from dangote 1 Like |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by liverpudian9(m): 2:20pm On Sep 12, 2024 |
Government should ban fuel imprtation and importation of petroleum products |
| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by MANNABBQGRILLS: 2:20pm On Sep 12, 2024 |
They will all be put to shame las las. All enemies of Nigeria no go ever die better in this life and the life to come. Haters of this country will never end well in life. No be curse, Na FACT 🇳🇬 CommonSense1967:Or the ones their grandfathers told them.... 59 Likes 3 Shares
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| Re: Over 95% Of Petroleum Product Importers In Nigeria Are Not Buying From Dangote by CommonSense1967: 2:21pm On Sep 12, 2024 |
Fiscus105:Most of those shallow low IQ mumus just post rubbish on NL. I'm sure he lacks the proper meaning of a monopoly. They are just repeating the trash that they have read somewhere. 5 Likes 3 Shares |
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