₦airaland Forum

DeOTR:
If you buy your crude in Nigeria, and with shipping cost out of the way, and your product is still more expensive than the ones that traveled across the Atlantic, then something is definitely wrong with you.
So we have modular refineries and their impacts were not felt? Or maybe they're part of those lining up to collect subsidies even while it wasn't imported?
Any local producer that can't compete globally should close down and go into another business where they have economies of scale. You can't kill the masses because of personal businesses.

It's matter of time ! All we need now is endurance just when first have GSM operators in Nigeria the tariff was to high because the companies wanted to recoup their profit and as time goes on the price came down. Oil cartels can lies because they don't want to lose their business especially selling their tank farm that built with loans. They should tell Nigerians where they are buying their products to be sure they're not importing substandard fuel for us

Barrywilly:
Looks like there is a cabal hell bent on inflicting further pains on Nigerians.

What a coiuntry

ufotunang:
..

So is it naira they will use to import

No Guava leaves

Proudlyngwa:
No Guava leaves

Please

LandMann:
Dangote, is that you masquerading as an association?

Who are the refiners? How much pms are they producing and why has pms increased from N195 to N1200 in less than 18 months of Tinubu's disastrous administration?

Dangote and his mushroom association of refiners must not be allowed to hold Nigeria to ransom by getting monopoly.

Nigeria's energy security will be at big risk.

Dangote refinery is already a prime target for other countries that Dangote or Nigeria messes with. They'll simply blow up the refinery so that everyone will suffer like Ukraine is experiencing.

Every well meaning Nigeria must speak against this move by Dangote.

If you know you can't buy fuel for N5000 per litre and you can't buy garri for N10000 per paint rubber, kick against Dangote attempt to monopolize Nigeria's petroleum product sector now

Typica Nigerian! Dangote is not the one you should be fighting against, fight IPMAN that has been selling subsidized petrol to Niger and Benin republic for decades. Those refineries abroad that are good at selling cheap products should come and produce in Nigeria.

Proudlyngwa:
No Guava leaves

. ok and paw paw leaves 🙄

Heavyweights:
Unknown refiners with unknown refineries. We are aware it's Dangote trying to monopolize crude oil production and supply in order.Nigeria has gone to the dogs.corruption everywhere

dangote did not stop you and IPMAN from building a refinery.

NastiLord:
Who are refiners in Nigeria? Just tell us it's Dangote.


This back and forth games the oil cabals are playing with Nigerians can only happen in a country where the president is either a rogue or probably a member of the oil cabal.

There's no light at the end of the 'toilet' unless Tinubu is removed

I don't blame the cabals, I blame the Nigerian masses for being too docile, we gave them the nod by allowing them play with our life's.. while are some were busy with the usual Yoruba and Igbo bantering, some are busy watching big brother or listening to a certain idiot called Remo who has being paid to keep the youths busy with irrelevant talks like discussing about ISI AGU and ASO EBI or the Army giving us cock and bull story on how a new version of terror is emerging and while they concentrated their energy in the east, or the Fulani with their Terror gangs wrecking havoc in one corner, while some busy bodies were busy discussing Trump and America which their home presidents are worst off, and another group of religious persons were busy with the Arab Israeli conflict.
While in the must of all this distractions the cabals are having a filled day.. Honestly, the brain of the Nigerian masses needs to be used for a specimen of stupidity in any advanced University in Europe.

Proudlyngwa:
Like I said let them import, just not with our dollars, but the time they source dollars and pay import duties, tax and others.

We will know which is more expensive.
Bad quality or not

Just don't give them any special benefits

Theirs will always be cheaper than dangote becos its poor quality rejected in europe.D question is do u prefer fuel 100 or 200 naira cheaper bt of bad quality that will destroy car engines sooner that its supposed lifespan or u jst want any fuel to use.

ufotunang:
. ok and paw paw leaves 🙄

Let them source their Forex without asking for concession that is what I meant.

What this guys want is not to provide service, but to have access to cheap Forex for round tripping

ufotunang:
...and why are they not refining and producing fuel and other petroleum products

.

They are just that the volume is very low. And some concentrate on a particular crude products than PMS. Like azikel focus more on AGO and naptha oil.

SPF247:
Please

Are U a refiner or an importer


Refiner your Monika go hear am today

kenex4ever:
Dangote should calm down his bid to monopolize the sector. Since when did we have refiners association in Nigeria?

Other modular refineries do not produce pms, only dpk, ago, etc

.

So is it dangote fault that they don't produce PMS

rafindo:
.

Nigeria has up to 7 crude refinery, so why won't an association be formed.
Waltersmith.
Midstream.
Duport
Azikiel.
Dangote.
Edo refinery.
African refinery.

God abeg o.
Are they all functioning?
If they are, we Nigerians and our government we don't like progress.

bdon123:
Theirs will always be cheaper than dangote becos its poor quality rejected in europe.D question is do u prefer fuel 100 or 200 naira cheaper bt of bad quality that will destroy car engines sooner that its supposed lifespan or u jst want any fuel to use.

Nigerians should have the options of options.
Shebi we dey chop stone rice.

What we want is ability to know which is which

The government knows what the problems are but they have decided to tread softly to protect the cabals at the detriment of the masses. Where are the CNG conversion centers the government promised?

Infact, everyone that own a filling station should be given a licence to import fuel.We are tired of dancing to these tunes.
Infact,if you have a 50 litres keg,you should be given the license to import.

DatIgalaDude:
God abeg o.
Are they all functioning?
If they are, we Nigerians and our government we don't like progress.

.
They are all functioning but not in optimal capacity due to the same problem Dangote is suffering from which is crude feedstock and importation of cheap and sub standard products. Apart from African refinery that is yet to kick start, the rest started before dangote.

D

adenigga:
Source: https://punchng.com/Refiners-oppose-petrol-import-licences-to-IPMAN-PETROAN

Dangote's monopoly on cement has never helped an average Nigerian to build house even when Govt banned importation of cement, rather it became more difficult. Now same shylock wants monopoly on domestic fuel consumption, telling us importers are importing inferior ones that is why they are cheaper. Which kind dubious story is that? We have been using the inferior fuel for ages without issue, nobody is complaining. If the shylock can't sell the fuel he refined in Nigeria cheaper than imported ones, they should allow the importers import fuel, let the useless refinery close down. We are tired of the Shylock answering richest African on top of the pains of his country men

Proudlyngwa:

Allow them import

Just don't give them our scarce dollars for the importation

Dazall

It would crash prices of Petroleum products

Petroan is a very useless organization and not interested in developing our economy. How can an organization that has been in business for 25 years could not build a refinery rather wants the short cut. When construction of dangote refinery started in 2018 petroan should have started theirs in order to compete with him. Rather they preferred fast money. So they are telling us that an association of 3000 petroleum marketers can not match dangote that shows you how useless the organization is.

LandMann:
Dangote, is that you masquerading as an association?

Who are the refiners? How much pms are they producing and why has pms increased from N195 to N1200 in less than 18 months of Tinubu's disastrous administration?

Dangote and his mushroom association of refiners must not be allowed to hold Nigeria to ransom by getting monopoly.

Nigeria's energy security will be at big risk.

Dangote refinery is already a prime target for other countries that Dangote or Nigeria messes with. They'll simply blow up the refinery so that everyone will suffer like Ukraine is experiencing.

Every well meaning Nigeria must speak against this move by Dangote.

If you know you can't buy fuel for N5000 per litre and you can't buy garri for N10000 per paint rubber, kick against Dangote attempt to monopolize Nigeria's petroleum product sector now

A simple google search would have cleared your cache of ignorance there are other refinery in Nigeria.

where were you when Nnpc were sole importers of pms, were Nigerians ever free from Nnpc exploitations or what makes Nnpc monopoly better

Nigerians are not fools, the people we need to move against are Nnpc/govt cos it is now clear these people are benefiting largely from importation

Nigeria has four refineries on ground, even if Dangote is aiming at Monopoly what stop govt/Nnpc from fixing our refinery to curb Dangote monopoly why must it be import that is detrimental to our forex, economy balance of trade and an haven for corruption.

Any average Nigeria supporting these Importation at these time is a Big Fool, why are the marketers not ever concerned about our national refineries

The best and only viable option to counter dangote refinery is an health competition which only our local refineries can provide.

From the marketers antecedents can they be trusted, if they are so objective about cheap fuel to Nigerians is national refinery not the best chances at cheap, from all break down.

rafindo:
.
They are all functioning but not in optimal capacity due to the same problem Dangote is suffering from which is crude feedstock and importation of cheap and sub standard products. Apart from African refinery that is yet to kick start, the rest started before dangote.

Another foolish and stupid zombié identified by Dietrich Bonhoeffer.

From 1960 to 2024, Nigeria has been importing fuel. Dangote has been using same imported fuel in his cars for over 30 years yet he did not come out to cry that the fuel is substandard.

Suddenly, when Dangote refinery is complete he now remembers that all imported fuel is substandard just so he can be given monopoly in Nigeria. Same way he did in cement.

You're a danger to Nigeria because you're extremely stupid and you don't know it. Read about Dietrich Bonhoeffer theory of stupidity

heysquare:
There are other small modular refineries that even started operating before Dangote. See, we are the architect of our suffering in this country. We like promoting foreign products and we will still be blaming govt for lack of job and winding down of companies. How would Companies survive when we believed in foreign products than local one? Importers knew the truths while they don't want to patronised Local refineries because they make triple profit if not double. They make Super profit because they buy substandard products. Those cartel in that oil industry will not want home made to grow because it's going to dearly bring their wealth in to comatose.

Oga rest

The day we stopped importation of foreign rice and started buying locally produced rice, how did it go?

What makes you think same won't happen on petrol when the devil himself (Dangote) a notorious monopolist is spearheading the the fight for it?

Moreover the same so called "substandard fuel identifiers" were once happy, silent and contented user's of the same substandard fuel. Open your Eyes.

Aliko everywhere

iLoveYouToo:
Now they want FG to provide them with cover, same cover FG gave to local rice producers that are now choking us with price.

Local producers are just evil, especially the ones backed by FG’s local content promotion.

It’s only in Nigeria that imported goods are cheaper than the locally produced (often inferior) ones

Na the rice own off me.
How can local rice be competing in price to foreign rice? Even things we produce locally are competing with imported one. If not that the govt is trying to give the local producers protection, they should have opened the border especially for foodstuff items to be imported.
Maybe at least, our local producers would have small conscience when they know they don't have the govt backing

LandMann:
According to Dietrich Bonhoeffer you're a stupid person. If I was you I'd go read about Dietrich Bonhoeffer's theory of stupidity and examine your life choices against the theory.

Only stupidity will drive you to support monopoly and skyrocketing prices in a country were income and purchasing power is extremely low .



You don't have any single sense in your head, sorry.

I want to join this conversation with civility. Please what is monopoly.
Then which sector has a monopoly.
Then which sector those dangote monopolized.

Do you know what oligopoly is.

So we have refiners? But Thiefinubu tries make us believe that Nigeria doesn't refine any fuel to justify massive price hikes and alleged importation and taking of external foreign loans.

LandMann:
Another foolish and stupid zombié identified by Dietrich Bonhoeffer.

From 1960 to 2024, Nigeria has been importing fuel. Dangote has been using same imported fuel in his cars for over 30 years yet he did not come out to cry that the fuel is substandard.

Suddenly, when Dangote refinery is complete he now remembers that all imported fuel is substandard just so he can be given monopoly in Nigeria. Same way he did in cement.

You're a danger to Nigeria because you're extremely stupid and you don't know it. Read about Dietrich Bonhoeffer theory of stupidity

.

Do you know the cement sector at all. At least I work there and I can give you some free lectures.
First the cement sector has no monopoly.
What you are confusing with monopoly is actually oligopoly.

Nigeria has only 5 cement companies namely
Dangote
La farge
Bua
Mangal
Purchem.

So where is the monopoly here rather than confuse urself on the basis that having 60% of the market shares is called dominant player or market leader. For you to have a commodity cheap supply must exceed demands. South Africa has 15 cement companies, India has 300 china has 500 cement companies so tell me why cement won't be cheap there.

Insane group,how can imported product be cheaper than the one produced locally? China should just come and buy this con3.

D

rafindo:
.

They are just that the volume is very low. And some concentrate on a particular crude products than PMS. Like azikel focus more on AGO and naptha oil.

So, it is safe to assume that Dangote is the one orchestrating the anti-importation scheme against Petrol because like you said these other small refiners do not refine PMS.

Now, in the past I supported the banning of rice importation to boost local capacity but I saw the inflationary effect. Secondly, during the period when Naira was losing its value, I saw how local producers didn't care so much about their fellow country men, they preferred to sell their stuffs, especially, to neighbouring countries because they could make more courtesy of exchange rates.

If businessmen or producers wouldn't mind making extra bucks at the risk of their country men (major and sustainable patrons') starving to death, then government should not compel consumers to be loyal to Nigerian producers. It takes 2 to tango. Bunch of idiotic exploiters!