₦airaland Forum

There's no way nnpc imported fuel is cheaper than dangote local refined fuel,is it stolen crude nnpc is importing or they don't pay import duties or what? Who is lying to who

Greed and wickedness.

APC MATHEMATICS WITH THE DULLARD AS HEAD

No be juju be that?

It is true. Dangote fuel is not only refined for Nigerian market. It is a fuel with high Octane rating. It is refined to be sold in the international market including Europe and America.
The fuel imported here to Nigeria are all inferior fuel that can't be sold in Europe that is why it is seemingly cheap.

Bro no one can explain Nigeria to you and you understand

If ony this people know that the way we are trying to avoid using fuel these days could lead to developing a better alternative.

Shebi there's a minister of petroleum

The same reason why imported rice is cheaper than local rice

It's called Tinubunomics

Tunechi5:
There's no way nnpc imported fuel is cheaper than dangote local refined fuel,is it stolen crude nnpc is importing or they don't pay import duties or what? Who is lying to who

why do some of you guys behave like the economics they taught you in secondary school was a waste? Even within Nigeria cost of production in kano vs lagos is not even the same. Land , fuel , labour costs are not same.

The foreign refineries have been In business for a long time and have achieved efficiency/economies of scale. Dangote has not achieved that yet. Dangote operates their own port and power supply. The refinery’s in Europe are probably using national grid and ports to export. The costs can’t be the same.

The old refineries in Nigeria failed for a reason. Foreign investors also didn’t build any for a long time. It looks like it was because we cant compete with foreign refineries

It's simply wickedness and greediness on the highest other I laughed when some morons on this forum heaps praises on Tinubu for removing subsidy on fuel on the bases of corruption then I asked those milking FG through this subsidy are they not humans are they not Nigerians. Tinubu came prepared he will recoup his money splash on politicians and judiciary to get the president and then make a fortune for his 10th generation to come before looking towards the hungry Nigerians just mark my words this suffering is still on the early stage by this time next year body go tell everybody for this country

ednut1:
why do some of you guys behave like the economics they taught you in secondary school was a waste? Even within Nigeria cost of production in kano vs lagos is not even the same. Land , fuel , labour costs are not same.

The foreign refineries have been In business for a long time and have achieved efficiency/economies of scale. Dangote has not achieved that yet. Dangote operates their own port and power supply. The refinery’s in Europe are probably using national grid and ports to export. The costs can be the same.

The old refineries in Nigeria failed for a reason. Foreign investors also didn’t build any for a long time. It looks like it was because we cant compete with foreign refineries

Local Niger Delta Boys and Nigerian Military on "Peace Keeping Mission" are refining it and NNPC would claim it was imported and bought with the almighty DOLLAR

faceland:
Local Niger Delta Boys and Nigerian Military on "Peace Keeping Mission" are refining it and NNPC would claim it was imported and bought with the almighty DOLLAR

niger delta boys dont have the capacity to refine crude for NNPC. They can only refine diesel with their kpo fire methods. Rest abeg

ednut1:
niger delta boys dont have the capacity to refine crude for NNPC. They can only refine diesel with their kpo fire methods. Rest abeg

Anyway, it doesn't make sense that something shipped across the ocean (back and forth) is cheaper.

Dangote claim they mix it in Malta. May be he needs to mix his own if his refinery is really working.

What is the difference between Dangote fuel and imported fuel when Dagote himself was buying and importing crude oil? He even said the international oil marketers were selling to him through third party with 2 to 3 dollars per barrel higher..