₦airaland Forum

Fiscus105:
Common sense doesn't tell you that, the landing cost of petro in Dangote refinery is higher than market prices and that's why only NNPC can buy it now.

Did you ask urself,why other Dangote products not solely bought by federal govt but only petrol.

Tell us the meaning of landing cost please

Dangote is selling at N766

ecolime:
How much is Dangote selling to NNPC?

This is still begging for answers.

All these their "crude for refined product" story is still abracadabra.

DeLaRue:
I don't understand the secrecy too.

Let's wait and see.

By now if Dangote's fuel doesn't mean a reduced pump price this FG are scammers and need to be booted out ASAP!

uncleck:
The singular fact that NNPC is the sole distributor of Dangote petrol means that the masses will have zero benefit from the magnificent refinery. NNPC could buy at N10 and decide to sell at N100. They can still cause artificial scarcity at will and hike the price as usual. It is a very worrisome situation that a national corporation has become a distributor for a private firm whereas it cannot maintain the refineries under its watch.

Having refinery of this magnitude in the country, everything about distribution of petroleum products should be completely deregulated. Let the forces demand and supply determine price and supply...

Thank Yoruba people for this

At what price?

Buy in Naira and Sell in Naira will be a significant change.
I only wish the price will drop back to N180/litre

N766 from Dangote

jaxxy:
Still no price or that too is a secret?

Max24:
This refinery has created jobs and will create more but Obis supporters will stay here on Nairaland to complain instead of taking advantage of the opportunities created by the diversification ongoing. They will still be fixated on food prices while Tinubu is creating mega opportunities. They are waiting for Tinubu to come and feed their families. Funny people.

Which of the opportunities have you taken advantage of?

Why should people not be fixated on price of food?

Which mega opportunities is tinubu creating?.

Is MuRIC and afenifere now an obi supporter?

daragrams:
Dangote is selling at N766

Is there a link to this your information?
If it's true.

Nigerians won't accept this. It's broad day light robbery.
Is this what it means to refine locally ?

uncleck:
Tell us the meaning of landing cost please

PRODUCTION COST!

All money Dangote spent from crude to Petrol (the cost end in Dangote premises)

Sannisege:
so the government should not have any iota of control over a high security product like petrol? You must be joking. The price of Ordinary garri that is not regulated by the government has become so expensive no to talk of leaving petroleum products pricing solely in the hands of greedy marketer.

How does "having control" the same as monopoly? Don't you know the meaning of deregulation in Nigeria?

uncleck:
The singular fact that NNPC is the sole distributor of Dangote petrol means that the masses will have zero benefit from the magnificent refinery. NNPC could buy at N10 and decide to sell at N100. They can still cause artificial scarcity at will and hike the price as usual. It is a very worrisome situation that a national corporation has become a distributor for a private firm whereas it cannot maintain the refineries under its watch.

Having refinery of this magnitude in the country, everything about distribution of petroleum products should be completely deregulated. Let the forces demand and supply determine price and supply...

They cannot maintain the refineries properly but they're doing something less better, appreciate them.

So what happen next..would the price of fuel be deduced to 200naira..that's all we wanted to see..

daragrams:
Dangote is selling at N766

To who?

[quote author=Fiscus105 post=132007466][/quote]Now tell us the landing cost of Dangote fuel

Snowx:
So what happen next..would the price of fuel be deduced to 200naira..that's all we wanted to see..

Sorry sweetie, you ain't gonna see that

uncleck:
Tell us the meaning of landing cost please

What has landing cost got to do with refining locally?!
Do these people ever mean well for Nigerians at all?

lexy2014:
Can you show me where dangote "insisted he will only deal with NNPC"?

Was nnpc being sole buyer dangotes idea or nnpc's idea?

Can you pls name the independent marketers you say "keeps smuggling petrol and diesel to other West Africa for gain??"

Why have they not been caught and arrested up till now?

How much product have they smuggled out?

How did they move these products?

Where was NSA, customs, police, civil defence and DSS when this smuggling was taking place?

Go and read what independent marketers did to him when he released AGO.

Have you not been seeing how Edwin is crying how they have selling abroad?? This marketers were smuggling his diesel to west Africa countries and he wasn't getting patronage from west Africa countries like he expected.

Go read all the statements released by dangote group...they made it clear they only dealing with NNPC .

Even oil marketers made it known he had no meetings with them or even intend to sell to them.

Google is there you can make your own research.

jupiterxx:
They cannot maintain the refineries properly but they're doing something less better, appreciate them.

What is the thing they are doing less better?

What should they be appreciated for?

uncleck:
Now tell us the landing cost of Dangote fuel

Landing what?!

Bobodee09:
What about independent marketers who keeps smuggling petrol and diesel to other West Africa for gain??

You think dangote is stupid for insisting he will only deal with NNPC.

What concerns Dangote with smuggling? Is he subsidizing his products? And how has NNPC being the only importer stopped smuggling?

Minjim:
Landing what?!

Ask that guy above that is talking thrash

ecolime:
How much is Dangote selling to NNPC?

This is still begging for answers.

All these their "crude for refined product" story is still abracadabra.

Like seriously 😂

N766 from Dangote

Minjim:
You're about to lift petrol and bring it to the market and no announcement of any official price.
Why all this secrecy? I'm these people are planning something not in the interest of Nigerians

uncleck:
How does "having control" the same as monopoly? Don't you know the meaning of deregulation in Nigeria?

I'm sorry deregulation, in Nigeria, deregulation means FG will continue paying and dictaing price secretly

N766 from Dangote

Omalicious1:
At what price?

jupiterxx:
They cannot maintain the refineries properly but they're doing something less better, appreciate them.

Appreciate them for becoming a monopoly? Marketers should be allowed to buy directly from Dangote and also to import if they want. That is what is called free market economy

Bobodee09:
Go and read what independent marketers did to him when he released AGO.

Have you not been seeing how Edwin is crying how they have selling abroad?? This marketers were smuggling his diesel to west Africa countries and he wasn't getting patronage from west Africa countries like he expected.

Go read all the statements released by dangote group...they made it clear they only dealing with NNPC .

Even oil marketers made it known he had no meetings with them or even intend to sell to them.

Google is there you can make your own research.

Off point. That is not what I asked you.

Asking you questions is research or are u not aware that d foundation of research is questions?

Since google is there, then use it to answer my questions.

1. Can you show me where dangote "insisted he will only deal with NNPC"?

2. Was nnpc being sole buyer dangotes idea or nnpc's idea?

3. Can you pls name the independent marketers you say "keeps smuggling petrol and diesel to other West Africa for gain??"

4. Why have they not been caught and arrested up till now?

5. How much product have they smuggled out?

6. How did they move these products?

7.Where was NSA, customs, police, civil defence and DSS when this smuggling was taking place?

daragrams:
Dangote is selling at N766

Ok, so my estimate of a pump price of around N800 - N850 may not be far fetched

chipet67:
Buy in Naira and Sell in Naira will be a significant change.
I only wish the price will drop back to N180/litre

Don't hold your breath, that is determined by naira to dollar.

uncleck:
What concerns Dangote with smuggling? Is he subsidizing his products? And how has NNPC being the only importer stopped smuggling?

I wish I can post dangote statements.

What concerns dangote with smuggling?? So he should watch people buy from him in naira and go sale in west Africa countries in dollars??

Well it seems you nothing about business.

"We will track every tankers from our stations and we want to know the actual fig of liters of fuel Nigeria consume" you can go read Monday. press statement of last week monday.

fuckJones:
The summary of the report: Buy in NAIRA and Sell in NAIRA For all Crude Oil Products and Crude Oil! What a significant change in Nigeria Oli sector! First of its kind since history can remember! Thanks to President Tinubu leadership and ability to take hard fearless decisions!

Please today is Sunday. Keep quiet and remain blessed.