₦airaland Forum

We are here again the bad government, is this the devil's advocate...

Nyanabo2:
Marketers and distributors should be able to buy directly from Dangote . That’s evil entity called NNPCL should be disbanded and all past and present officials dead or alive, jailed and their case file thrown to the bush.

I think it's time for Tinubu to relieve the NNPC management of their appointments.

They're liars bent on destroying Nigeria.

When Dangote begins buying crude oil in Naira, the price should come down! The crude oil of the present PMS was bought in Dollar not Naira, hence the high price.

Faradmax:
It should be x,y and z because the respective x can not be the same value when selling.

Are you trying to solve laplace equation or you won't to factorise polynomial?✍️

figment232:
This is very heartless indeed, all our expectations for at least N500/litre finally dashed. Then what is d need for Dangote refinery on our soil if i may ask. Na God go help the poor.

NNPC is the devil because they keep selling crude oil to Dangote in naira instead of Dollar and we all know how naira dey fall. And dangote has to make profits from what his doing na

Tareq1105:
It's very easy for Obi to say that. How many places can Obi be at the same time?

Subsidy would be inflated and Obi would not even know. Obi who cannot handle crisis in his Party wants to handle petroleum marketers.

Can Obi handle the excesses of Aisha Yusuf? Can he handle her madness?

It's easier said than done.

You dey mind that cstrr?

vickthourh:
We are here again the bad government, is this the devil's advocate...

Lazy people na them always they complain the most.

Make they come even clean their ynash for them.

Nonsensical ungrateful elements.

Those who hijacked Nigeria have also hijacked Dangote refinery we must all learn a lesson by now the transportation spent on going out to look for daily bread is now bigger than the bread the great Tinubulation continues

MEEVEET:
I don't know why this government lie so much... This is becoming a sickness

There is no way under the sun dangote can sale petrol at ₦898... It's absolutely impossible

Crude oil cost 72 dollars per barrels it cost 5 dollars to refine averagly that's 77 dollars

There are 159 litres in a barrels

5% of crude is lost during refining average that's so we have 151 litres

refinery expect 40-45% gasoline, 25-30% diesel, 5-10% aviation fuel, and about 15-25% "other"

So let's use 45 petrol, 30 diesel and 10% aviation fuel ( kerosene +diesel blend)

The remaining 15% is basically worthless

For simplicity sake let's assume petrol diesel and kerosene are same price

85% of 151 = 129 litres of products
Crude cost + refining cost = 77*1650 = 127,050

That gives us a cost price of ₦985

Let's say dangote sets a profit margins of 15%

That gives us a final price of
₦ 1,132

I have been very very conservative here... Cost of refining, and yield but this is the minimum dangote can sale his petrol

I'm sure you studied petrochemical engineering.

ALTERNATEID:
Why should they get their own cheaper when they voted for Tinubu because of his promise like all other candidates to deregulate the oil sector? Why are you Obi supporters crying more than the bereaved?

Do we have just Labor party and APC in Nigeria ?

Eastcoastboy:
I'm sure you studied petrochemical engineering.

No be only chemical engineering, copy & paste.

Dangote Refinery Price of PMS is beyond #898...at least 1100. Government/NNPCL is still paying the shortfall which is less to what they were paying while importing.
It will take a gradual process to eliminate subsidy/shortfall.

Why can't our major refinery function should be our question not Dangote a businessman that buys in same international rate but only pay the naira equivalent.

They have allowed dangote to scam Nigerians.
What and where is the effect of getting crude in Nigeria and paying in Naira?
where is the effect of no cross atalantics transportation?
where are the effects of free taxes given to dangote by the government when building the refinery?
where are the effects of free import duties on the hardwares at both airports and seaport?

Ipob and obidients is the main problem facing nigeria and not nnpc dangote fuel mata.

Krucifax:
Source https://dailytrust.com/breaking-we-bought-fuel-from-dangote-at-n898-per-litre-nnpcl/

Based on the feedback from NNPC my price pyramind prediction is thus =

Dangote Sale Price = N898
NPPC Sale Price = N898 + X?
Marketers Sale Price = N898 + X? + X?
Petrol Station Sale Price = N898 + X? + X? + X? = Find X ??

Some people are still supporting this government

otokx:
So how much will NNPC sell?

It's time to sack Mele Kyari and his team. They're enemies of Nigeria and Nigerians. I knew they were planning this.

favor914:
Copy & paste.

Okay

ABEG NA WHO WE NO GO BELIEVE. SEE REOLPLY FROM DANGOTE REFINERY ON PRICE.
https://twitter.com/DangoteGroup/status/1835416788521423104

LibertyRep:
Wicked set of homo sapeins.

Very very heartless, cunning and deceitful.

NNPC is too corrupt, if you are employee there, from what you wear to the spoon in your is from NNPC, that NNPC is too corrupt

favor914:
wailer make your village people go build their own refinery na.

Na another business you carry for head like firewood.

Is he not a Nigerian ?

richmond500:
I don't know why we keep blaming Dangote, didn't he buy the crude from NNPCL?
A litre of crude is approximately N724

My point is not to say who's at fault or not.

My question to you is that in that one litre of crude, is it only PMS they will refine from it?

Kindly answer.

Una go do calculation tire. We told u that election has konsekwensis.

AjegunleBoy:
I have a better idea!


Why don't we beg Dangote to sell PMS for #2500 instead so dat he won't suffer loss?

eh?



Mtchew!

This is not about price of petrol this about government lying to her people

Obvious lies

BabaO2:
They have allowed dangote to scam Nigerians.
What and where is the effect of getting crude in Nigeria and paying in Naira?
where is the effect of no cross atalantics transportation?
where are the effects of free taxes given to dangote by the government when building the refinery?
where are the effects of free import duties on the hardwares at both airports and seaport?

Solomon Baba02 Grundy open refinery today, start enjoying tomorrow, lazy Things and their poor man mentality.

They feel that they are entitled to another person’s hard work, you for go open your own refinery nah.

edungene7:
You are a criminal so with landing cost imported PMS from cost around #1117 so you importing from Malta is way cheaper than producing in Nigeria you need serious beating

Nigeria imports very very low quality fuel that won't meet criteria for other countries

And that lines exactly with my figure

lightwind:
Is he not a Nigerian ?

All the more reason he should go & open his own refinery, make e fit help us for Nigeria.

MEEVEET:
This is not about price of petrol this about government lying to her people

Obvious lies

Lying about Dangote’s business abi?

Na wa for you Wailer o.

favor914:
Gringory Obi the parrot, talk is cheap, he will all monies saved from subsidy would be channeled into a direct alternative for the Nigerian people, like he channeled Ndi Anambra’s money to his family brewery abi?

You done taste Gringory Obi beer before?

Who is this Bastard

Where are you from ?

Do you live in Nigeria ?

lightwind:
Who is this Bastard

Where are you from ?

Do you live in Nigeria ?

No violate rule 2, mind your grammar.

Where is that idiot sef?
He has lost his voice as at today because his tribesman is the one in power.

What about the pastor who always said that God told him this, told him that?
They have all lost the strength to come out and protest.

Thank God the rain is falling on every roof.

favor914:
No violate rule 2, mind your grammar.

Where are you from ?

RemiClitHoris:
Where is that idiot sef?
He has lost his voice as at today because his tribesman is the one in power.

What about the pastor who always said that God told him this, told him that?
They have all lost the strength to come out and protest.

Thank God the rain is falling on every roof.

Incoherent Hypocrisy @ work, can you swear that you did not support the strike against Jonathan in 2012?