₦airaland Forum

kenex4ever:
u missed the point.


How will Dangote use the name refiners association to fight pms import where the other people do not have business with pms. Fishy.

He claims imported products are substandard, we have been importing for years and we are okay with the products he is demonizing.

Let him allow competion for prize in the sector.

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.

TEYA:
they say imported ones are inferior, you said local ones are inferior. na WA o!

chidiokay:
i will like to play the devil's advocate local producers might appear to be evil But the devil in center of it all is the govt whose policies make cost of running business in Nigeria.

On food items transported to south for instance,all manners of extortion sorted is why most of the sellers have no choice but hike price

And lets be reasonable here, with the present cost of living, everyone is using what they have to stay afloat and survive,
E.g a fufu seller will pay rent enter transport, change cloth, how will she meet up if she no join hike price

point of correction: imported goods are more expensive than local products , except you have examples

skywalker240:
Anybody supporting a known monopolist that always fight competitions just to have his way in this dying economy is the real worst enemy of this nation

skywalker240:
And it will shock you that Volkswagen car's will become cheaper over there

Your Dangote is selling petrol even above the price of imported one's

Does it make sense?

chidiokay:
Known monopolist by beer parlour talks, why not show evidences of how dangote is a monopolist.

For decades Nigeria had no refinery, he decided to build one and sudden they tell us he is a monopolist
why did any of you not build a refinery b4 dangote thought of it.

How is Dangote fighting competition, if i want to buy elephant or larfarge cement will something bad happen to me or will i get arrested
Dangote ×3 cement is the best cement in Nigeria, most demanded by builders how is that dangote fault thats what some people twist into monopoly, i see other cement but i alway insist on dangote cement how is that Monopoly.

show us moves from Dangote that depict true Monopoly

asala1:
Can you please tell me what you mean by competition? It’s like the US telling its company to allow importation of steel from China to compete. That would be really stu.ipid

Just listening to yourself ‘we have been importing and we are okay with it’ it’s mor.onic thinking like this that ensure your country to remain poor and backward and why the future of your children will remain bleak.

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

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

skywalker240:
Nigeria doesn't have a refinery?

So how come there are refiner's association?

Maybe you were not born in the obj era, i don't have time schooling ignorance

Dangote sued other indigenous investors and got away with it.

Starpro87:
No comment is completely stupid here.
Dangote knows what he wants, and I bet you it's not in your interest.

Dangote wants to monopolize the oil industry, which will make him the regulator, by proxy.

Why should dangote not focus on refining and then selling to marketer via vessels?

Why did he build loading island?
To control the entire oil value chain?
That's monopolistic tendency.

I understand his refinery will boost the local economy, but the positive impacts might be minimal without a good leadership structure.

But anything that can bring the price of fuels down will benefit the people more.

Dangote has not got the capacity to service the whole country for now, so he should embrace the competition that comes with it.

Bullet01:
How can imported fuel be cheaper than what is produced at home.?These guys are taking advantage of us.

heysquare:
We are all educated and finding the price of refine products is something we can get on internet. If truly it's cheaper to import why countries like South Africa, Ghana and other African countries are negotiating to seal import deal with Dangote? Otedola knew this would happened he quickly sold his tank farm and all his oil assets he had even advised all these tank farm owners to go and sell it as scrap. Gonner the days we hate anything china products because we don't believe in it as its not of quality but today we embrace it due to the improvement. When start dissociating from foreign products more companies will grow and new one will spring up especially foreign companies. We should stop blaming govt if we failed to support local businesses to grow.

Cantonese:
BUA is coming up, along with some others who have been licensed, I assume.

However that's not the issue. We must ask why Dangote abhors fair competition. We must ask why the public refineries are not working yet and still citizens fail to demand answers. We must ask why Dangote sells at close to 1,000 per litre. We must ask the role of government officials in fixing the price for Dangote. Then we must ask why Dangote does not want IPMAN to import. If he supplies at a reasonable price, would they source it abroad? If Dangote sells at between 300 and 500, would there be any marketer sourcing it abroad? How do we determine poor quality petrol, after all we have been using it for years. How do we determine that Dangote's petrol is cleaner?

Competition in the market is very fair and necessary. For already Tinubu afflicted Nigerians, it creates alternatives and potentially can save more money for citizens.

skywalker240:
Nigeria doesn't have a refinery?

So how come there are refiner's association?

Maybe you were not born in the obj era, i don't have time schooling ignorance

Dangote sued other indigenous investors and got away with it.

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

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.

asala1:
Can you please tell me what you mean by competition? It’s like the US telling its company to allow importation of steel from China to compete. That would be really stu.ipid

Just listening to yourself ‘we have been importing and we are okay with it’ it’s mor.onic thinking like this that ensure your country to remain poor and backward and why the future of your children will remain bleak.

LandMann:
Read well on impact of monopoly on welfare

Then read Dietrich Bonhoeffer's theory of stupidity.

I can't rescue you. Look for someone else.

heysquare:
Your rants it's just show off of lack of home training and regards for other people's opinion. Just considered yourself as nonentity! Keep ranting like mentally derailed person. I can easily deduct your frustration is what this govt has turn you to. Just take it slowly because it's about 2 years and two years left , your case might enter depression if possible suicide as the frustration is visible in your rants.

Believeintruth:
Dude you are shooting yourself on the foot. Are you privy to the pricing arrangements between Dangote and these countries? Do you think if Dangote tries the same pricing games he does with Nigerians on them, they would want to buy his crude?
Why is Dangore cement produced in Nigeria cheaper in Ghana than it is in Nigeria?

heysquare:
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

kenex4ever:
why are u this vile and airheaded at thesame time. Next time talk like a responsible human.

To start with, Dangote does not have the capacity to supply the entire country. He was lying when he claimed they have enough. He is just a normal business man that will never tell a customer that his goods has finished.

Why do you think petrol price was deregulated?? It was done for market forces to determine price and not for Dangote to determine price like he has done in cement.
Nigerian masses need the cheapest fuel they can buy and if the importers say they can land it cheaper then allow them so that we know the actual price of the commodidty.

Some Nigerians thought that the Dangote refinery will crash pms price and stabilize the dollar but since he started the reverse has been the case.

rafindo:
.

Mehn Boss you need to study manufacturing accounting and cost variance of a commodity. First when manufacturing takes place in a country, so many cost are attached to that manufacturing such as variable and fixed cost. When such product is exported to another country the cost of the commodity in the nation importing will not be the same with the country of manufacturing reasons been that the fixed costs associated with that commodity is already borne by the manufacturing country their by reducing the cost of the commodity in the imported nation inorder to enable it compete. Invariably 80% of the fixed cost borne by manufacturing country. Circa Samsung produced in sk is cheaper in US than south Korea.

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

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

blackmantis:
Is it not the same substandard fuel we have been using for donkey years?

asala1:
I’m not vile, just telling you the truth. Simple thinking like that is the major problem with Africans, especially Nigerians. African leaders don’t think far, everything is for immediate consumption. Encouraging importation of anything in a country as poor as dirt, will only make your children jobless and poorer. That’s just the fact.

Dangote and Marketers are not the same in the eyes of the FG and even the world. Dangote is employing thousand of people and people with advanced degree to work refining petroleum products, paying taxes and producing other raw materials that serves as feedstock for other local industries or even for export. Marketers on the other hand? They just import products and get truckers to get them to their filling stations to sell. They contribute almost nothing to the economy.

Deregulation does not mean that anything goes and doesn’t mean people can just import things. The car industry is deregulated and if you want to import new car, you pay 70% tariff . The same goes for salt, wheat, sugar and rice. All these are done to protect the strategic local industries.

The local refining industries should and will be the price driver for PMS in Nigeria not some company in Malta or Russia.

sulaak:
If the imported fuel is dirty then it can be cheaper than local fuel