₦airaland Forum

Kobojunkie:
Mr Monopoly at it again! 🙄🙄🙄🙄🙄🙄

Define monopoly!

As predicted
We are even worse off with a working refinery

Beasts of no nation. Smh

Revoking their licences will also required you to revoke your export licence.

Nigeria does not revolve around you alone

Following...

Dangote cannot monopolize the Nigerian market. Impossible.

Nigeria is now like a ship without Captain, everyone is doing as they wish

so that per liter can be sold gor 2000

Alvin212:
Dangote the criminal

what crime did he commit

Nigerians would have supported dangote with their liver unfortunately he doesn't have good plans for Nigerians. His interest is to generate more money while feeding voraciously on the masses.

🤔

Why is Dangote scared of imported fuel?
Is the imported fuel cheaper than his?

Does he think fuel is cement.
Monopoly kills competition and innovation.

If he is smart enough he should make his fuel cheaper so that does who import will be at loss.

Are they mad

Initially I thoughts Dangote is our savior in this country, how can importation market price lower than locally refined products 😳

Lol
Dangote will see shege
I thought he will include Total in his madness so those ones can waylay his assets abroad.

They will import fuel which will be priced lower than his. That monopoly he's looking for, he's won't get it.

tunwumi:
If Dangote is not a dubious business this foreign fuel importer should die a natural death.

DRL is not paying transportation cost like this company. They shouldn't be able to operate if DRL is not thinking as a monopolists

Aliko is one of Nigeria problem at the same time enemy of this country.
So, he wants to monopolise the oil sector just like cement and consumables sector. Man yi ya were sha

Most of you shouting monopoly don't understand the implications of continuing importation of petroleum products.

40% of the pressure on forex in Nigeria is for the importation of refined petroleum products

- Dangote currently refines enough products to meet domestic consumption and to spare.

- If Nigeria stops imports of refined petroleum products, the pressure on our forex will be reduced by as much as 40% leading to the massive appreciation of the Naira.

- A barrel of crude oil currently sells for about $80 per barrel. With the exchange rate hovering around N1,700 to a Dollar. When pressure is reduced on our forex as a result of an end to imports of refined products, the Naira can appreciate to about N1000 to a USD. That means refineries in Nigeria will need less Naira to buy each barrel of Crude oil. This will lead to a drop in pump prices and inflation.

- by continuing to issue licences to import refined petroleum products, NNPC is killing our economy.

This nonsense has to stop

Drama no dey finish for Nigeria

tunwumi:
If Dangote is not a dubious business this foreign fuel importer should die a natural death.

DRL is not paying transportation cost like this company. They shouldn't be able to operate if DRL is not thinking as a monopolists

Not holding court for DRL, but have you researched the logistics cost that a lot of people "exalt" like it's a major contributor to the cost of fuel import. It's almost inconsequential if you see the figures

Look like no country want dangote fuel anymore as it’s of low quality . Thst stupid refinery that started during Jonathan administration is now a curse. That refinery cause naira inflation.

Yet Nigerians are not benefiting from it

LOL...
.
.
.
Who's the minister of Petroleum FGN should be ashamed. Nigerians should be ashamed of these people at the helm of affairs.

CoronaVirusPro:
Define monopoly!

No mind them.
They would just open mouth waah like Vitoria falls.

Omololupromise:
Initially I thoughts Dangote is our savior in this country, how can importation market price lower than locally refined products 😳

Easy. It's more expensive to manufacture here than abroad.

This is a mixed blessings! Buy from Dangote and others and save billions in USD in imports Or Allow imports by NNPCL and others (cabal) and Nigeria will still grapple with expensive and none availability of products!

The battle continues

This very refinery sef

Be like say the more you look; the less you see?

Werey is coming with his monopolistic agenda into oil....

If I no gree buy from ur hand, how e take be issue....sir your refinery is already causing us pain

I really wish Nigerians can just do away with dangote products. This man is a devil

tunwumi:
If Dangote is not a dubious business this foreign fuel importer should die a natural death.

DRL is not paying transportation cost like this company. They shouldn't be able to operate if DRL is not thinking as a monopolists

You can see the NNPC/Oando have put themselves as middle men in the supply chain so they can can control supply and price and they are the ones preventing Dangote from selling cheaper

Eteka1:
Most of you shouting monopoly don't understand the implications of continuing importation of petroleum products.

40% of the pressure on forex in Nigeria is for the importation of refined petroleum products

- Dangote currently refines enough products to meet domestic consumption and to spare.

- If Nigeria stops imports of refined petroleum products, the pressure on our forex will be reduced by as much as 40% leading to the massive appreciation of the Naira.

- A barrel of crude oil currently sells for about $80 per barrel. With the exchange rate hovering around N1,700 to a Dollar. When pressure is reduced on our forex as a result of an end to imports of refined products, the Naira can appreciate to about N1000 to a USD. That means refineries in Nigeria will need less Naira to buy each barrel of Crude oil. This will lead to a drop in pump prices and inflation.

- by continuing to issue licences to import refined petroleum products, NNPC is killing our economy.

This nonsense has to stop

Allow the mad people in the forum continue talking through their anus. They love importation like....

I read some comments, I just laughed...

Some even accused Dangote of being monopolist. How? You think Dangote is the only local refinery in operation in Nigeria?

Dangote was ready to sell fuel until NNPCL rushed to increase pump price. They still control the pump price till tomorrow. Dangote came out to allege that even his own project is 15% less than the imported product, we'll kept quiet and did we didn't hear him loud and clear

Wait until our local refineries gets starved of products to refine and see the massive loss of job. Everyday, we call for investors to come and invest, invest where?

sapagote thief. he wan destroy NNPC