₦airaland Forum

Iampromoted:
Can Dangote meet the daily fuel consumption of Nigerians?

NNPCL,
Aym Shafa Limited,
A. A. Rano Limited,
T. Time Petroleum Limited,
2015 Petroleum Limited, and
Matrix Petroleum Services Limited (1st to 7th defendants).

johnayo01:
Does it even make sense, that a company will openly tell a government to make it a sole supplier.

Please don't fall for this media judgement on Dangote.

I'm not supporting Dangote, but if the Government doesn't want him to be the sole supplier then bring on board another refinery and not importation as alternative.

For the question, there are so many reasons a company will not meet it's daily targets. (Dangote or BAU)
1. Input is greater than or equal to output

sulaak:
What is Nigerians' daily fuel consumption?


Dangote requires local competition; NNPCL should sell the three refineries to a competitive organisation that can give Dangote some real competition.

The real problem is the Nigeria government and NNPCL.

BTW the list below is linked to cabals

CodeTemplarr:
Lol. I am with Dangote on this. You cannot import and regulate your rivals while grounding the local refineries. These idiotic fellas representing the state, they dont care about the state welfare and are ready to crash the whole system just to become 'something' in life.

Some sensible questions.
Is Dangote the only local refiner? NO
Is he getting crude below intl rates? NO that man is just greedy and want monopoly
Are his intl rivals repaying huge loans? NO
Is he a regulator and player? Never and NO

flokii:
I don't think there is any man as cruel as Dangote in Nigeria.. the man is just too greedy for my liking.
When I first read the PIA, I knew instantly the Northerners in the Petroleum Ministry were planning to hand over the downstream petroleum sector in Nigeria to Dangote, part of the reasons they won't allow our State owned refineries to function. I don't know why Southerners in Federal are just fvcking docile, is it that you people's education is substandard or what??.
The Dangote man wants Monopoly of every sector in Nigeria which is very very wrong.
This is the worst businessman to ever come out of Africa.. It's obvious his wealth is questionable.

Just take a look around the country, how many Southerners do you see being pampered and pushed like Dangote?.. Nigerians don't know that over 85% of FG concessions are going to this Dangote alone, the records are there in Ministry of Finance, yet he comes out publicly to lie that he didn't get any support from FG.

Now I've been vindicated on some of my posts here.. companies in Free Zones don't pay taxes to either FG, State or Local Govt. because they are considered as technically "not within Nigerian Customs territory".

If NMDPRA wants to finish Dangote completely, they should impose import duty and levy on all his refined petroleum products, let's see who will go out of business.. Very evil man that derives joy in impoverishing Nigerians for his selfish gains.

Whoever is the judge of the Federal High Court should throw out Dangote's suit as it lacks merit or substance.. Nigerians deserve fair pricing, Nigerians have right to life and Dangote can't take that right away from us by selling delicate products such as Cement, PMS etc. at exorbitant prices. He should export his PMS, AGO etc. to other countries, we don't need them.. we don't mind importing our petroleum products from saner climes with sane producers till we finally get it right and have our own refineries working.

We say a big NO to Monopoly!

sulaak:
What is Nigerians' daily fuel consumption?


Dangote requires local competition; NNPCL should sell the three refineries to a competitive organisation that can give Dangote some real competition.

The real problem is the Nigeria government and NNPCL.

BTW the list below is linked to cabals

sulaak:
I live in the UK and run my own software business. I am not one of those hungry Nigerians who will sell their souls for a plate of garri.

If you have any clue about the oil and gas industry, you will realise that the Dangote price is one of the cheapest in the world; the average international price is $1.25, and the Dangote price is less than 60 cents. Dangote is not the problem, the problem is floating that Nigeria killed Nigeria's purchasing power.

diabeticdeals:
You wan bite the hand that fed you?

ivandrag0n:
For example, the USA can afford to supply its own populace with even lower-priced gasoline but it taxes it, on the average, 12-18%, hence the effect on the pump price.

Minus about 6% total levies on Dangote Refinery, which other taxes impact his production cost?

Whoever paid you for this failed attempt at whitewashing the fast diminishing image of Dangote Refinery Limited, may it not be well with you and them!

Nigerians have seen through the mask and are all now rightly asking questions.

Many weeks back, most of us were demanding the sack of the MD of NMDPRA. We were calling on Tinubu to sanction the NNPC.

However, the NNPC pulling out of the fuel-lifting arrangement was a masterstroke

They stopped being the whipping boys and allowed us to see the vipers in DRL for what they are. They are manipulative monopolists who want to ruthlessly manipulate the process for maximum gains, at the expense of the same Nigerians they claim their refinery is set up to bring cheaper & more accessible petroleum products to.

Las las, your bosses in DRL will drink their refined products themselves, if they don’t consider the error of their ways.

They are are set up to make profit & anyone understands that but to want to make back the $20b investment in one year, not minding whose ox is gored, they have chosen the wrong country to exploit.

Shame on you, you paid Public Relations idiot. You are a thief and nothing better than a thief, who’ll do any evil job to make money!

johnayo01:
Some of you are so ruthless in your evil against Dangote,

Look at you describing perfectly how NNPC can destroy the only functional refinery in Nigeria just because of spite.

Killing of business is not a way to fight the monopolistic tendency of every business.

And funny how you trust the same NNPC, who have 3-4 non-functioning refinery under them to help you finish of the only functional refinery we have.

This is a "media war" or better still "war of narrative" choose your side carefully.

The reason we all (including myself) don't like Dangote, is because of the selective favouritism he has enjoyed over the years by previous government.

So if you want to fight for the people against him, then reverse the favouritism and let other businesses enjoy the same privilege as well, we still need those companies you know

sulaak:
Nigeria needs more Dangotes who benefit from government favouritism. Dangote got $5.2 billion in loans from Nigerian banks and access to cheap dollars from the CBN to finance his refinery. The Nigerian government should extend these opportunities to other industrialists.

johnayo01:
The name Dangote infuriate and trigger some people, let me help you rephrase your statement.


Nigeria needs more giant cooperations who benefit from government favouritism. Dangote got $5.2 billion in loans from Nigerian banks and access to cheap dollars from the CBN to finance his refinery. The Nigerian government should extend these opportunities to other industrialists

flokii:
All his products are substandard.. the NMDPRA Chief attacked Dangote because he has priviledged information that others don't have.
The man Dangote ought to be blacklisted by the FG.. over 95% of those working and managing his refinery are Indians. No local content, no jobs for Nigerians, yet he will be looking for ways to cheat the system.

How I wish the Minister of Interior can revisit the expatriate tax and expose people like Dangote. Only one man packed foreigners into Nigeria to be working in his company, what can never happen in India or any saner clime.

Topsido:
This is my main problem with Dangote. Shebi we would have been consoled by the fact he is creating employment if he indeed has. Man has simply created a doorway for Indians to make money off Nigeria. His business hasn't benefited us in any way other than the inevitable taxes he pay.

Topsido:
Tinubu go show this Dangote shegge. He thinks he is wise.

johnayo01:
Some of you are so ruthless in your evil against Dangote,

Look at you describing perfectly how NNPC can destroy the only functional refinery in Nigeria just because of spite.

Killing of business is not a way to fight the monopolistic tendency of every business.

And funny how you trust the same NNPC, who have 3-4 non-functioning refinery under them to help you finish of the only functional refinery we have.

This is a "media war" or better still "war of narrative" choose your side carefully.

The reason we all (including myself) don't like Dangote, is because of the selective favouritism he has enjoyed over the years by previous government.

So if you want to fight for the people against him, then reverse the favouritism and let other businesses enjoy the same privilege as well, we still need those companies you know

flokii:
While I agree that those in government have their faults too, let's face the fact that Dangote's own is too much.
If you chop small, you relax.. not that you'll want to chop the whole Nigeria dry.

There are sectors begging for intervention of FG such as the "pulp and paper" used to produce our notebooks, textbooks, jotters etc. Did you know that Nigeria imports over 98% of the pulp used to produce paper?. What we can produce comfortably here in Nigeria with trees and wood everywhere. These are some of the areas government can look into and leverage on to create jobs and employment for Nigerian youths.

Just do the maths.. compare the population of Nigeria, the number of pupils and students that write on notebooks with the number of textbooks we buy in our bookstores.. then check the gain Nigeria can make from the pulp and paper sector.

Our politicians are just doing anyhow, no concrete plans or interest in the country's development.

Lastly, I wish Dangote well but will never support his business model of always wanting monopoly and to chase others out of the market. Such evil practice should have no place or enjoy support from well-meaning Nigerians.

CodeTemplarr:
before you can adjudge dangote greedy, his selling price has to be above intl price of similar standard fuel. Thats not the case here. NNPCL has kept the actual price they buy refined petrol secret and so i wonder what you are basing your allegation of greed on here.
You arw obviously a marketer and smuggler

CodeTemplarr:
Lol. I am with Dangote on this. You cannot import and regulate your rivals while grounding the local refineries. These idiotic fellas representing the state, they dont care about the state welfare and are ready to crash the whole system just to become 'something' in life.

Some sensible questions.
Is Dangote the only local refiner? NO
Is he getting crude below intl rates? NO
Are his intl rivals repaying huge loans? NO
Is he a regulator and player? Never and NO

Zico5:
In this country..... Why can't Tinubu have mercy on the masses for goodness sake. 🤣🤣🤣🤣🤣🤣🤣🤣🤣 ngbanto'n sanu fun ara e,kilen expect

sulaak:
If there is anything that I have learned in this world, it is that never debate with a frustrated and ignorant man. I appreciate the pressure you are facing as a Nigerian living in a dysfunctional Nigeria system.

Let me advise you that Nigerians are not equipped to operate in this modern world. When faced with the opportunities to succeed, they always play the victim, choosing failure.

If you think that a man who has invested in developing Nigeria's industrial infrastructures is the problem in Nigeria's oil industry, then it is evident that you have no IQ.

NNPC went private as NNPCL with the same government officials that witnessed the collapse of Nigeria's crude oil exports from 1.9 million barrels to less than 900 000 B/D under Buhari.

The same NNPC releases an annual account with all departments operating at a loss. What organisation has control of the 7th largest oil and gas deposits in the world and still operates on debt and not profit?

I leave you with the brilliant Tilewa Adebajo :I Will Arrange $35bn For Nigeria If NNPC Is Reformed - Tilewa Adebajo.


https://www.youtube.com/watch?v=lNhDgadFd-M&t=709s

sulaak:
✓ I live in the UK and run my own software business. I am not one of those hungry Nigerians who will sell their souls for a plate of garri.
If you have any clue about the oil and gas industry, you will realise that the Dangote price is one of the cheapest in the world; the average international price is $1.25, and the Dangote price is less than 60 cents. Dangote is not the problem, the problem is floating that Nigeria killed Nigeria's purchasing power.