₦airaland Forum

Yankee101:
If you don’t understand refining sciences and all you depend on is google then you won’t understand until you go back and do more research


Dangote produces fertilizer, jet fuel, disel. Condensates will produce bitumen for road construction and polypropylene for plastic substrates.

So if you google how many liter of gas from one barrel of crude, you’re just getting a basic answer. You get more expensive byproducts that allows you to sell PMS cheaper

A simple example is Vaseline. Since you like google, google the prices on Jumia

Or google the price of motor oil

Or fertilizer

Or a benzene derivative drug like Benzodiazepines


Find out thier prices and you’ll understand why we can sell PMS for 500 or less

the average price of these products is N729.
Fuel makes up 43% of all refining products. If you take the average of the products, it's N729 per litre. Price of petroleum jelly is actually far cheaper than PMS.

What is the difference....even in our own country too....na wow for this evil minded people.....if dey sell for #400 or#500 na crime?

richmond500:
the average price of these products is N729.
Fuel makes up 43% of all refining products. If you take the average of the products, it's N729 per litre. Price of petroleum jelly is actually far cheaper than PMS.

You’re arguing blindly but today is Sunday. So I have time to educate you

This is a picture of a 5liter motor oil on Jumia at 35k or 7k per liter

Talk about what you know please not what you think or google

Yankee101:
You’re arguing blindly but today is Sunday. So I have time to educate you

This is a picture of a 5liter motor oil on Jumia at 35k or 7k per liter

Talk about what you know please not what you think or google

Ok, let me educate you too.
Currently Dangote will only produces jet fuel, PMS, diesel and fertilizer. He doesn't produce engine motor oil.
Secondly Jet fuel and Diesel is less than 8% of what the refinery produces, the other 90% comes from PMS.
You can't bring up the price of engine oil and accuse Dangote who doesn't produce engine oil, his refinery can't produce engine oil.
It is structurally impossible for the refinery to produce engine oil.

lextube:
It'll be good if it's sold at around 800 naira.

Really.

dre11:
https://guardian.ng/energy/nigerians-may-buy-dangote-petrol-for-n857-n865-per-litre/

It is very difficult for me to believe anything coming from nnpc,mek we just dey manage life dey go that's all.

Salewa97:
Good news.

The more the merrier

oga, what which organ in your body do you reason with? It is not definitely the brain

lextube:
It'll be good if it's sold at around 800 naira.

oga, like seriously, are you for real?

richmond500:
Ok, let me educate you too.
Currently Dangote will only produces jet fuel, PMS, diesel and fertilizer. He doesn't produce engine motor oil.
Secondly Jet fuel and Diesel is less than 8% of what the refinery produces, the other 90% comes from PMS.
You can't bring up the price of engine oil and accuse Dangote who doesn't produce engine oil, his refinery can't produce engine oil.
It is structurally impossible for the refinery to produce engine oil.

So now you’re beginning to counter and answer your own questions by yourself

The reason why they want very high prices is so that they can produce the easiest methods of refining and flood the market. Little value added, basically just like boiling water and catch what evaporates to get PMS


They’re not willing to do anything extra. So if Nigeria agrees to buy his PMS at 1000 naira he’ll as well drop all the other methods of producing several products. Even oil bunkers are producing PMS, go to port harcourt and see. So there’s nothing stoping him from producing more fertilizer and jet fuel. But in jet fuel for example the airline owners are also billionaires and they pushed back on his prices. But you don’t have a voice. So it’s easier to dump it on you.


If you will sell crude to me in naira and I can burn and evaporate almost all for PMS I’ll keep up that tight cycle too and make the maximum profit in the shortest time

Am sure transporters that doubled their fares will still refuse to go back to their former rate nothing that goes up in nigeria ever comes down.

Any price not less than 300 naira is expensive.

Please, Nigerians I want to ask a question o. No one could answer this question today in a large audience.

We are all carried away by how much WE buy the fuel. Please o, who has the money realized from the sale of the fuel? Where is the Money?


Like WE are buying THEIR fuel.
How much do we buy the CRUDE from NATURE? Where is the profits?

Wey the money? I use to think that Nigerian citizens own it.

Good news how??

Salewa97:
Good news.

The more the merrier

ceejay80s:
then dangote is a thief,
he is part of Nigerias problem

innoson makes cars, tell him to sell a new car for you at 200k

How much does it cost dangote to produce a liter of pms?
Why not sell crude at N1000 per barrel and dangote will refine and sell at 200/ liter
What is really wrong with this country

Yankee101:
So now you’re beginning to counter and answer your own questions by yourself

The reason why they want very high prices is so that they can produce the easiest methods of refining and flood the market. Little value added, basically just like boiling water and catch what evaporates to get PMS


They’re not willing to do anything extra. So if Nigeria agrees to buy his PMS at 1000 naira he’ll as well drop all the other methods of producing several products. Even oil bunkers are producing PMS, go to port harcourt and see. So there’s nothing stoping him from producing more fertilizer and jet fuel. But in jet fuel for example the airline owners are also billionaires and they pushed back on his prices. But you don’t have a voice. So it’s easier to dump it on you.


If you will sell crude to me in naira and I can burn and evaporate almost all for PMS I’ll keep up that tight cycle too and make the maximum profit in the shortest time

Bruh, u are not getting the point.
Jet fuel does not have the market like aviation fuel does. He can't produce excess litres of Jet fuel a day, at the end of the day, the PMS is the cash cow constituting 43% of the products.
Also as a single trained refinery, he can't produce engine oil.
Dangote is not the problem here. Let the man breet

biafranrealson:
How much does it cost dangote to produce a liter of pms?
Why not sell crude at N1000 per barrel and dangote will refine and sell at 200/ liter
What is really wrong with this country

IOC will not even approve NNPCL to sell 1000 per barrel bro.

lextube:
It'll be good if it's sold at around 800 naira.

What is the good news there...refine nigeria n sold at dat price dat is really good for u; so u don't know dat all the charades dey put up was to continue the looting!!!

frog12:
but with only dangote refinery where is market freedom?
this game was set during buhari time
you give only dangote government preference and allow the others to suffer

Other refineries are coming up. Knowing Nigerians, refineries will be common business

richmond500:
Bruh, u are not getting the point.
Jet fuel does not have the market like aviation fuel does. He can't produce excess litres of Jet fuel a day, at the end of the day, the PMS is the cash cow constituting 43% of the products.
Also as a single trained refinery, he can't produce engine oil.
Dangote is not the problem here. Let the man breet

Like I said, you clearly don’t understand refining sciences, so this picture will help you. A variation in temperatures can tilt production to the most you want.

He can do majority PMS or diesel if he wants


If you are a critical thinker you should wonder why there was so much drama , scarcity and sudden price increase before he released his products.

He basically held the country, Tinubu and NNPC to ransoms with blackmail that the people swallowed hook line and sinker.


Study this diagram so you know how refinery units work before you keep defending him that he can only produce one or limited products

Yankee101:
Like I said, you clearly don’t understand refining sciences, so this picture will help you. A variation in temperatures can tilt production to the most you want.

He can do majority PMS or diesel if he wants


If you are a critical thinker you should wonder why there was so much drama , scarcity and sudden price increase before he released his products.

He basically held the country, Tinubu and NNPC to ransoms with blackmail that the people swallowed hook line and sinker.


Study this diagram so you know how refinery units work before you keep defending him that he can only produce one or limited products

I see that u just want to prove a point and do not want to learn.
Anyways goodnight, I get work 2moro

Tinubu is a fraudster.

It's very sheep

richmond500:
I see that u just want to prove a point and do not want to learn.
Anyways goodnight, I get work 2moro

Told you I have time for clearing ignorance. If you knew refining sciences you won’t even start. I’m sure you don’t know that all the diesel he has in store can be converted to PMS if the price of PMS will fetch him more profit.


Enjoy your night


But do more research before you engage in arguments you don’t know much about

Nanalucky:
What is the difference....even in our own country too....na wow for this evil minded people.....if dey sell for #400 or#500 na crime?

My dear dey know wat dey re doing... even at #400 it's wickedness refine in nigeria n sold in nigeria na wa ooh!!!

Yankee101:
Told you I have time for clearing ignorance. If you knew refining sciences you won’t even start. I’m sure you don’t know that all the diesel he has in store can be converted to PMS if the price of PMS will fetch him more profit.


Enjoy your night


But do more research before you engage in arguments you don’t know much about

If you know economics, you won't be talking, but anyways goodnight

richmond500:
If you know economics, you won't be talking, but anyways goodnight

Lol
Check my previous posts

Na my main food be that

If you knew what Dangote was doing you won’t be defending him

And I know him pass you

only the big ones go survive like dangote. now he is getting preference treatment from NNPC

Mayflowa:
Other refineries are coming up. Knowing Nigerians, refineries will be common business

Yankee101:
Lol
Check my previous posts

Na my main food be that

u know economics and u are arguing why Dangote shouldn't sell at the price he is selling.
I weep for our education system

Yankee101:
Lol
Check my previous posts

Na my main food be that

If you knew what Dangote was doing you won’t be defending him

And I know him pass you

for ur information, u are arguing with sm1 that actually studied "practical economics" in school

Since fuel price skyrocketed, fewer people have been buying fuel, but ask NNPCL, they are still paying subsidy for the same volume before the price went up.

Yankee101:
So now you’re beginning to counter and answer your own questions by yourself

The reason why they want very high prices is so that they can produce the easiest methods of refining and flood the market. Little value added, basically just like boiling water and catch what evaporates to get PMS


They’re not willing to do anything extra. So if Nigeria agrees to buy his PMS at 1000 naira he’ll as well drop all the other methods of producing several products. Even oil bunkers are producing PMS, go to port harcourt and see. So there’s nothing stoping him from producing more fertilizer and jet fuel. But in jet fuel for example the airline owners are also billionaires and they pushed back on his prices. But you don’t have a voice. So it’s easier to dump it on you.


If you will sell crude to me in naira and I can burn and evaporate almost all for PMS I’ll keep up that tight cycle too and make the maximum profit in the shortest time

Bros bring out money and open a refinery too. You seem to understand refinery business very well. Abeg do it quick and give Dangote a run for his money.