₦airaland Forum

Salewa97:
Toh

Let the court decide.

Competition is good for the consumers

In Nigeria nothing like competition na cooperation

Greedy man

Hmm when T.pain has refineries in Malta

This yeye figure head... So U should be the only one?

chicfarmer:
Dangote has a valid claim if indeed NMDPRA is in violation of the new PIA act by issuing those licenses. Why must we continue to import just to enrich a few fat cats to the detriment of Nigerians?
The man needs to fight for his business before they cripple him. Let the Court decide.

Oga court can't decide for you were too big your goods from

Until dangote has the balls to tell Nigerians his pms price He is on his own. Nigerians will not fight for someone who can't be upfront, transparent and fair.

chicfarmer:
Dangote has a valid claim if indeed NMDPRA is in violation of the new PIA act by issuing those licenses. Why must we continue to import just to enrich a few fat cats to the detriment of Nigerians?
The man needs to fight for his business before they cripple him. Let the Court decide.

If the imported fuel will be cheaper then let him find buyers outside Nigeria for his fuel. He's too monopolistic. He's the architect of exorbitant price of cement in the country.

Salewa97:
Toh

Let the court decide.

Competition is good for the consumers

D idiots have changed d goal post..to suit their criminal Paymasters...now u support d... consumption over production... after calling Peter obi import and export....
Una never.. start...

chicfarmer:
I agree with you that there should be competition but certainly not with these selfish importers. Their aim is to undercut and kill that refinery and then turn around to deal with Nigerians.
If they love their country so much why haven't these importers who have been fleecing us through subsidy all these years not been able to pool their resources to build a refinery?
Besides, Dangote has a right to go to court if he feels that NMDPRA has violated the PIA act by issuing licenses to these importers.

So how will competition kill a locally made product?

Nigerians don't learn.....That how they ban all foreign rice and many other produces in the name of they are 'killing local production' how did we fare?

The case of rice was very good, because we have many many local options or sources to buy from, in this case once Dangote kills import, he will be the sole supplier of petroleum product in Nigeria and you trust him that he is going to sell it to you at a fair price?

What mechanism will be in place to even determine what the fair price will be?

Since he is getting crude locally and in Naira, his focus would have been to undersell importers because he would not be exposed to their variableness rather than trying to ask a Court to invalidate their licenses.

I supported Dangote on this. If you want supply more petroleum products in Nigeria, build your own refinery in Nigeria and create jobs for Nigerians. Stop patronising foreign refineries.

That's always the end game.

He wants to monopolize it like he did with cement.

All the shalaye nonsense was to get petrol importation banned.

joinnow:
Why is Dangote afraid of competition

Importation is not competition. It kills local businesses and enriching another country.

Dangote is sell fish

It's time people understand who Dangote is. He don't like competition at all. Dongote fuel is the most useless fuel I have ever used. It burns very fast than the fuel we have been using before..

phransix2:
In Nigeria nothing like competition na cooperation

you forgot to add the other C, Collusion

Tochi3:


..the guru of economics..Thief'nubu applying Ojuelegba policies & emilokonomics..

" when Dangote refinery come on board, fuel price will come down..the naira will appreciate..forex will be saved..as there will be no fuel importation..& foreign reserves will increase"

..these were the lies, deceit & propaganda that was pushed into social media by BATist..

..there is confusion everywhere as prices are not coming down..naira depreciating faster..dangote lamenting after taking FG to court..

..where is anuis from hell..come chant toh..

they include that igbos dey jealous dangote according to Reno mockery

When i knew that dangote refinery Is a scam is when he claimed that nigerian government invested 2.5billion dollars into dangote refinery then later he say nigeria government don't have any stake again in dangote refinery and he claimed that refinery worth 20 billion dollars no be only 20billion na I trillion dollars, how many brands of cement is dangote selling to Nigerians?we are using cement meant for plastering for decking of storey building

SmartPolician:
Source: https://nairametrics.com/2024/10/21/dangote-refinery-asks-court-to-void-import-licenses-of-nnpcl-matrix-and-four-others-in-n100-billion-case/

This is where Nigerian's energies is needed not all these useless social media rants . Those levies imposed are all putting pressure on the pump price. NNPCl should hands off from anything supply from the refinery. They seems not boarder about the hardship it may create in the people and the FG seems helpless to call them to other. Before they settle this another months of hardship will have gone ..... Awon oshiun

Dangote hates competition.

crackhouse:
It's time people understand who Dangote is. He don't like competition at all. Dongote fuel is the most useless fuel I have ever used. It burns very fast than the fuel we have been using before..

We go buy full tank every two days

tundegan:
Aliko Dangote is a man that has the interest of Nigeria at heart.

God bless him.

Which interest, he should allow for competitive pricing he can't strangle us with his price,.if the imported fuel is cheaper than they should import, Dangote is very greedy, how can you run to court to stop others from importing, we must buy from you, then give us a fair price

chicfarmer:
Dangote has a valid claim if indeed NMDPRA is in violation of the new PIA act by issuing those licenses. Why must we continue to import just to enrich a few fat cats to the detriment of Nigerians?
The man needs to fight for his business before they cripple him. Let the Court decide.

You don’t even need to advertise your business if it’s good and cheaper than what people can get elsewhere. Dangote can't thrive in a highly competitive market. People found it more convenient to import when they realized it was cheaper than buying from him. Remember, his business is private, not governmental, so no Nigerian directly benefits from the profits he makes. If we were still importing cement, we wouldn’t be buying it at the current price of ₦8,500. Remember, the Minister of Works once threatened Dangote that the government would start importing cement since it was cheaper than buying from him. Unfortunately, the minister was silenced, and nothing was said afterward.

Dangote is overstepping his boundaries with this action if there is verified shortfall in supply his refinery cannot meet. Nigeria having assured supply options, rather than total reliance on Dangote refinery, is best.

abuhusna1:
Importation is not competition. It kills local businesses and enriching another country.

This is a valid point but the claim is that Dangote refinery's output cannot meet our daily national needs. With no working national refinery, no option but to import.

What should be in the thinking of the FG is the need to get at least one national refinery working optimally so Government can engage in sales of refined derivatives of crude as we need to shore up national income appreciably to have money to use in developing Nigeria.

Fossil fuel will be worthless in like 50 years so it is essential Nigeria gains profit from it, to be used developing itself, before demand tanks completely. A big challenge for Nigeria today is severe paucity of income. We need to earn substantially more from far more sources of national economic activities than is the case currently.

This guy can't stand competitive market. Na so e dey pain na

Idiotic monopolistic government spoon fed cry baby at it again

franudi:
I supported Dangote on this. If you want supply more petroleum products in Nigeria, build your own refinery in Nigeria and create jobs for Nigerians. Stop patronising foreign refineries.

Don't be a gullible Nigerian, you should know by now that anything coming from Dangote is not genuine and actually a specific type of Greek gift

When Dangote was doing that rubbish on cement, were there no other cement factories

He always try to be on top of the market share just to dictate prices

linearity:
So how will competition kill a locally made product?

Nigerians don't learn.....That how they ban all foreign rice and many other produces in the name of they are 'killing local production' how did we fare?

The case rice was very good, because we have many many local options or sources to buy from, in this case once Dangote kills import, he will be the sole supplier of petroleum product in Nigeria and you trust him that he is going to sell it to you at a fair price?

What mechanism will be in place to even determine what the fair price will be?

Since he is getting crude locally and in Naira, his focus would have been to undersell importers because he would not be exposed to their variableness rather than trying to ask a Court to invalidate their licenses.

Please don't even school that guy again, let him wallow in his ignorance

Nigerians will never learn

Elusive001:
It's not about being cheap. The truth is that it will be suicidal to run an economy with monopoly and cartels. Sane countries do everything possible to discourage monopoly and cartels.

We pointed this out earlier but those wicked peeps who abhor this country called us names. They said that the refinery will be a game changer.

Thank you bro 👊🙏


Na that game changer go fire their pepper nyansh

Kobojunkie:
Fighting for his business is by requiring an all-out ban on imports— kill the competition by way of banning imports? I don't agree at all! Dangote should instead woo buyers so they can come buy from him rather than consume imported PMS. This is like replacing one monster with another monster. E be like say this man no understand any other language other than monopoly.

This is one of the best thing done by Dangote so far. Once this ban is enforced by the courts, you will see that all those our four refineries in Warri, Port Harcourt and Kaduna will start to work because their (the importers led by NNPCL & friends) source of fleecing the country through importation of crude products will be seriously depleted leaving them no choice than to either make our refineries work or to find other means of making money.

Thundafireseun:
This Aboki too like monopoly….

I thought he was bragging about selling his product to other countries

Aboki that can employ your entire generation

Hmmmmm2024:
This man is stupid...you want government to ban importation of petroleum products, but you want to export to other countries.

Dangote is monopolistically evil... I will never forgive him for what him and emefiele did to the Nigerian economy between 2020 and 2023

This may just be your downfall because Tinubu never liked you in the first place.

I need you to watch out for yourself, sometimes hate can be cloud judgment.