Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre - Politics (3)

Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre (11992 Views)

1 2 3 Reply (Go Down)

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by kollog: 9:14am On Dec 20, 2024

dre11:
https://leadership.ng/importers-jittery-as-dangote-refinery-slashes-pump-price-to-n899-50-litre/

This is the time to know the real people behind the problem in Nigeria. I can bet with my life that Transporters will not reduce the price of transportation during this Christmas period, likewise alot of Filling Stations (they will insist they still have old stock but will quickly increase if it's it's the other way round)

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by nairalanda1(m): 9:14am On Dec 20, 2024

MrDoGood:
That guy is trying to monopolize the oil sector like he's done to cement.

Don't believe him!

There are at least 5 other refineries. Bua is also bringing up a refinery and some other people have applied for a license for one.

When dangote got his licence at least 60 others got licence. It was subsidy that prevented them.from using their licences to start business.

Even dangote that started his, he took loans. Which the banks gave him because collateral was good.

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Olat4421: 9:16am On Dec 20, 2024

Ijaya123:
Why not import and sell for N197 per litre.

I can assure you everybody will be buying from you.

let hear word how are dey doing it when they where were selling it 197 naira barely a year ago, defender of nonsense of a oil producing country, since they ave remove d subsidy what what major success have they achieved in other sector like road light and infrastructure corruption fighting and inflation to justify their removal, ur brain has been reset. Was he not part of d people leading protest during Jonathan regime when he remove subsidy dat time, nw his is turn everything he done is justified follow like zombie

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by TalkingBird: 9:20am On Dec 20, 2024

You call above #800 slash

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Emmabyte: 9:20am On Dec 20, 2024

They know what they are doing

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by gare(f): 9:37am On Dec 20, 2024

dre11:
https://leadership.ng/importers-jittery-as-dangote-refinery-slashes-pump-price-to-n899-50-litre/

they should slash theirs to N600

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by ollypass: 9:38am On Dec 20, 2024

nairalanda1:
Dangote is even being overfair.

Ghana has 2 refineries, yet fuel from their refineries is over 1500. Same for Nigeria republic.

It costs 700 at least to refine a liter of fuel.

Well if his price is over fair...and they can import at a price that beats the over fair price ...please let them continue ..as fog ghana ...let Thier importers also investigate cheaper means

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by DataDoc: 9:40am On Dec 20, 2024

dre11:
https://leadership.ng/importers-jittery-as-dangote-refinery-slashes-pump-price-to-n899-50-litre/

Why are they jittery?

Weren't they the ones who complained the other time that Dangote fuel is more expensive than imported fuel

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by aylipple: 9:48am On Dec 20, 2024

If imported fuel was cheaper than Dangote Refinery fuel, the entire market would’ve been flooded with imported fuel.
No matter how we dice and chop it, his fuel is cheaper than imported fuel (after landing cost has been factored in); if it weren’t the case, the other countries importing their fuel from his refinery would’ve looked elsewhere.
As for fair pricing, how much would you expect Dangote to sell fuel per liter?

ollypass:
Your thinking it's the importers that are greedy but you ain't asking your self ..if dangote fuel was priced fairly for Nigerians ...who would import ?

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Lacash: 9:49am On Dec 20, 2024

dre11:
https://leadership.ng/importers-jittery-as-dangote-refinery-slashes-pump-price-to-n899-50-litre/

Competition makes a nation healthy…This is a welcome development 😃

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by muykem: 10:00am On Dec 20, 2024

Olat4421:
nonsense for something that was sell for 197 per litre barely a year plus ago . U called dis good news, tinubu has successfully reset ur brain, was dis not d same man that was one of d leading protester when Jonathan increased d fuel price from 65 to 147 that time, b4 Jonathan later reversed to 97, nw since he enter d same price has jumb from 197 to 1000 plus d highest in Nigeria history and we are here celebrating it at 907 at his regime hmmm

Fuel was never sold 197. You brought 197 from pocket while government borrowed on your behalf to pay the balance called subsidy.

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by mymen(m): 10:04am On Dec 20, 2024

I'm telling you. Let dangote sell pms at 300 naira, our people will still not reduce their various charges, most especially those transporters. Everybody is greedy in this country.

Testimony1988:
Nice one, but that won't reduce the cost of transportation.

1 Like

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Pluto33: 10:13am On Dec 20, 2024

dre11:
https://leadership.ng/importers-jittery-as-dangote-refinery-slashes-pump-price-to-n899-50-litre/

All these 10 koko 10 kobo slashes sef.. undecided

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Yankee101: 10:13am On Dec 20, 2024

Only competition will solve a lot of Nigeria’s problems

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by commoditiesnig(m): 10:14am On Dec 20, 2024

dre11:
https://leadership.ng/importers-jittery-as-dangote-refinery-slashes-pump-price-to-n899-50-litre/

Very good for competition

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by olaniyilukman(m): 10:25am On Dec 20, 2024

muykem:
Good news

there is nothing good about this news, did you know how much we bought it two years ago

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by QuestLINKsPrpty(f): 11:12am On Dec 20, 2024

HitRun:
Since when business man de do things for the sake of Nigerians? Uncle tell us another story! Oya reduce the price of cement make we see.

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Barcalee: 11:13am On Dec 20, 2024

So what happens after the festive period?

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by MrDoGood(m): 11:46am On Dec 20, 2024

nairalanda1:
There are at least 5 other refineries. Bua is also bringing up a refinery and some other people have applied for a license for one.

When dangote got his licence at least 60 others got licence. It was subsidy that prevented them.from using their licences to start business.

Even dangote that started his, he took loans. Which the banks gave him because collateral was good.

How many cement factory do we have in the country?

What happened to ibeto cement?

Just give it time

How much is cement in Republic of Benin?

How much in Nigeria?

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Fearurcreeator: 11:54am On Dec 20, 2024

oyeb15:
The fall of Dangote group will signal d rivival of Nigeria economy.

Hes is d arrowhead of Nigeria industrial complex, the establishment who feast on Nigeria economy.

Why people like you can't rise, you hate the wealthy for no tangible reason

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Testimony1988(m): 12:15pm On Dec 20, 2024

mymen:
I'm telling you. Let dangote sell pms at 300 naira, our people will still not reduce their various charges, most especially those transporters. Everybody is greedy in this country.

You are right, it's well.

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Cooletempa: 12:16pm On Dec 20, 2024

Tareq1105:
Dangote is a wicked business man. If not bcoz the Independent Marketers embarked on importation, he would not have thought of bringing down his price. I think that more players should come into the industry to give Dangote a run for his money.

Go and find players who can have $20bn to invest. You think it is beans?

1 Like

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by nairalanda1(m): 12:37pm On Dec 20, 2024

MrDoGood:
How many cement factory do we have in the country?

What happened to ibeto cement?

Just give it time

How much is cement in Republic of Benin?

How much in Nigeria?

Well, we got Dangote, BUA, Lafarge, Mangal, and even Ibeto.

Next question?

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by AwealthDRL: 1:26pm On Dec 20, 2024

Dangote as well can build retail outlets across the nation. What's stopping Him

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by MrDoGood(m): 1:29pm On Dec 20, 2024

nairalanda1:
Well, we got Dangote, BUA, Lafarge, Mangal, and even Ibeto.

Next question?

Sir, take your time and read this.
You can go to court and verify the suit

https://mmsplusng.com/dangote-ibeto-cement-war-how-bua-mediated/

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by nairalanda1(m): 1:56pm On Dec 20, 2024

MrDoGood:
Sir, take your time and read this.
You can go to court and verify the suit

https://mmsplusng.com/dangote-ibeto-cement-war-how-bua-mediated/

We got Dangote, BUA, Mangal, Lafarge then.

Next question, and I ain't here to play tribal games, nor am I a tribalist.

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by Guestmale: 3:11pm On Dec 20, 2024

What is there to be jittery about, when it is not ₦500 per litre.

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by MrDoGood(m): 6:09pm On Dec 20, 2024

nairalanda1:
We got Dangote, BUA, Mangal, Lafarge then.

Next question, and I ain't here to play tribal games, nor am I a tribalist.

1: I don't do tribalism. You can check my past comments on NL

2: I'm not from the east, so you don't think I'm taking sides.

3: Tell me who controls the price of cement?

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by MrDoGood(m): 6:11pm On Dec 20, 2024

AwealthDRL:
Dangote as well can build retail outlets across the nation. What's stopping Him

So he can monopolize it ba. Give it few years, you will see

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by kedeojo(m): 10:00pm On Dec 20, 2024

oyeb15:
The fall of Dangote group will signal d rivival of Nigeria economy.

Hes is d arrowhead of Nigeria industrial complex, the establishment who feast on Nigeria economy.

Foolish talk, did Dangote stop anybody from your place to build a refinery. Since over 20 years, licenses were granted to some person with oil well and none of them could build a refinery and you are there saying rubbish. BUA is building in Akwa ibom.

Re: Importers Jittery As Dangote Refinery Slashes Pump Price To ₦‎899.50/Litre by kedeojo(m): 10:03pm On Dec 20, 2024

Olat4421:
nonsense for something that was sell for 197 per litre barely a year plus ago . U called dis good news, tinubu has successfully reset ur brain, was dis not d same man that was one of d leading protester when Jonathan increased d fuel price from 65 to 147 that time, b4 Jonathan later reversed to 97, nw since he enter d same price has jumb from 197 to 1000 plus d highest in Nigeria history and we are here celebrating it at 907 at his regime hmmm

Common sense didn't tell you that, there is no longer subsidy.

1 2 3 Reply

Dangote Refinery Slashes Petrol Price To ₦699 Per Litre • Dangote Refinery Slashes Petrol Prices Nationwide • Dangote Slashes Petrol Price To ₦‎899 Per Litre • 2 • 3 • 4

Coffin Dealer Feigns Kidnap, Demands Ransom From Brother • Shiite Students Protest At Human Rights Kano Over El-Zakzaky • Electoral Materials Arrive At Ezeemo’s Ward 5 Hours Late, Chidoka Reacts