₦airaland Forum

...As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

Recall that in September, the Federal Executive Council (FEC)under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

https://x.com/DangoteGroup/status/1870428034894868908?t=bklZv_EqEhBY2Vps-B9uuA&s=19

You said nationwide on Monday, okay I will give you the benefit of doubt, on Tuesday afternoon I will go get fuel to confirm the new price.
For now I keep my hailing to myself
Naira swap indeed and price no come back 500 naira
Wash, please Sir rest, even us to we dun rest for you refinery matter after you scam us wit fake hope of price reduction during construction and groundbreaking

Believe this man at your own peril

Clowns deceiving their sheepies with their fuel importation business using non working refineries to fool their followers

Another thief on the loose... These guys will never allow Nigeria to be free from slavery cos it must be business as usual but GOD shall help Nigeria and deliver Nigerians from these bastards, from these thieves and deceivers.

Nothing comvern me, my own make fuel price reduce lobatan..

Fo*lish people everywhere...

Lol you Guys increased price to over 1000 and una do small temporary reduction now and thanking who?

Yinmu

This gradual reduction in prices of petroleum is a sign that Tinubu originally doesn't have to subject Nigerians to untold hardship in the name of subsidy removal to achieve result.


A good manager would have sanitized the NNPCL and the marketers while empowering Dangote and others with naira4crude deal and the rest is commendations

Nigeria's foremost Yahoo boy... Deceiving is with a refinery without impact
....

Believe these big men at your peril o

You would think that they are fighting

Na lie o

For night , them know where them they meet to flex

Na their followers dey abuse each other for nothing

Nonybb:
DANGOTE, one of the most corrupt criminal syndicate of the North. A baby cry monopolist; has never competed to get anything apart from government leverage. The day DANGOTE would be exposed, Nigerians will know who their enemy is in oil and gas industry. Nigeria is a crime scene

Monopolist is never a word for Dangote. He is an investment adventurist. Some people like you with zero knowledge of industries/ manufacturing will just mount sm and talk sentimental garbage.I wish to see you and educate you with raw facts.

it's still all monopoly game , Dangote will only bring down is prices to take other competitor out of business so he could later increase the price again.... but it won't work for this man this time , we may not know how to produce cement , but you see this oil, it won't work

AntiChristian:
BAT we hail o!

May God help you!

May God guide you!

May Nigeria be healed!

May all your projects and projections for Nigeria come positively into fruition!

May we succeed!

Na wa o

See life of an islamist

After knacking head on the floor while facing Saudi

You go still face bourdillon knack mouth for ground

No be double wahala be dat?

You only hail what benefits you.
We expected you will sell crude below 800. Rather you sell competing with imported refined fuel. How now is Dangote Refinery benefitting the Nigerians?

Fuel still dey come #200. Save this!

Food don don for you las las

Kukutente23:
Na wa o

See life of an islamist

After knacking head on the floor while facing Saudi

You go still face bourdillon knack mouth for ground

No be double wahala be dat?

If i no face bourdillon knack mouth for ground may your case be like that of Nnamdi Kanu, your mouth sending you to Kirikiri or Kuje for lies!

AntiChristian:
If i no face bourdillon knack mouth for ground may your case be like that of Nnamdi Kanu, your mouth sending you to Kirikiri or Kuje for lies!

Illiterate. Must everything be broken down for you?
It's called an idiom
Hailing Tinubu in a sycophantic manner in the midst of the level of penury his policies have induced is akin to knacking mouth for ground towards bourdillon
Must you be spooned in all things?
Are you this daft?

Chop make I chop

Align to realign to streamline

Na so

Dollarization of crude oil makes it expensive worldwide.
Germany is learning the bitter lesson since it started buying LNG in dollars from the US, it's industries have crumbled.

about few weeks ago during the Dangote refinery saga when Otedola wrote a lengthy post about the matter, on this forum, some people were saying that 'everybody is going against Tinubu, even the billionaires'. I remember telling them not to be hurry in their judgment, that everything was planned by Tinubu. Now Dangote is praising him, Bua chairman has praised him, very soon Otedola will follow suit, quote me. These people have always been friends, don't lose guard. Don't underrate Tinubu just because you don't like him, he's very cunning.

Nonybb:
DANGOTE, one of the most corrupt criminal syndicate of the North. A baby cry monopolist; has never competed to get anything apart from government leverage. The day DANGOTE would be exposed, Nigerians will know who their enemy is in oil and gas industry. Nigeria is a crime scene

Olodo. Go and open your own business.

Propaganda as usual
why is it only the rich that are feeling the supposed impact of the tpain economy
The other day it was the BUA chairman asking Nigerians to endure
This niggas don’t feel a quarter of the harsh policies Tinubu has inflicted on the ordinary masses like helinues and yarimo

Kukutente23:
Na wa o

See life of an islamist

After knacking head on the floor while facing Saudi

You go still face bourdillon knack mouth for ground

No be double wahala be dat?

Typical shallow empty delusional retar@ded imb@cile ranting of an IPOB terrorist cannibal monkey.

Jagaban for a reason.
Some people have been sad since this new broke. 😂😂Nigeria will succeed regardless of their evil wishes.

Let the price war begin ...


Make other refineries fire up and bring the price of this to #300 per litre na..

Dittodat:
Typical shallow empty delusional retar@ded imb@cile ranting of an IPOB terrorist cannibal monkey.

Please go and use your drugs

This your thing started early today

I understand the deal is quite good but let the price of petrol drop below 500