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Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsDangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 (16824 Views)

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Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Ojuntana: 6:38am On Feb 02, 2025
Sheuns:
NNPC no dey announce their prices?

Thought they have 2 functioning refineries now
Dey play
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Lithiumite: 6:39am On Feb 02, 2025
givedemwotowoto:
With petrol subsidy, the average car owner in Nigeria saved about N140,000 monthly or N1.6 million annually on driving alone.

Since there’s no more petrol subsidy, what equivalent value has government added to the lives of Nigerians to warrant the removal of N1.6 million from millions of households in Nigeria?
How and where did you get your data from with empirical evidence... You people just open your mouths to spew bunkum al in the name of freedom of speech.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by zikter(m): 6:40am On Feb 02, 2025
Where are the two functioning NNPC refineries? I hear nothing about them now. At least Dangote is talking and we are hearing
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by seunmsg(m):
Richie6:
Expect another increment in two weeks time.
Market will determine not you.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Jungleluv5: 6:43am On Feb 02, 2025
iwaeda:
Won tungbe yi mora. Let them keep deceiving you. grin grin grin
You will never appreciate good news because you love to carry bad news. Numskull
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by tollyboy5(m): 6:45am On Feb 02, 2025
iwaeda:
Won tungbe yi mora. Let them keep deceiving you. grin grin grin
Wahala yin por sir.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by AfahaAbia(m): 6:49am On Feb 02, 2025
Dangote should move in to retail. Open filling stations all over the country.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by FutureFocus: 6:51am On Feb 02, 2025
Buharidgeneral:
Crash or reduce.! Tribune with big English
That word is ambiguous in this contest
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by timota(m): 6:51am On Feb 02, 2025
History555:
What of nnpc. Dem no dey ever announce their depot price only pump price
Nnpc has no fuel anywhere ,the buy from dangote and retail,that is why it could not function until dangote 's own
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Nobody: 6:55am On Feb 02, 2025
Dangote is reducing price cox he doesn't want his product to be stranded as marketers are still importing at cheaper price...
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by CHAQUR: 7:00am On Feb 02, 2025
Dangote & this rat style of "eat and blow breeze". NNPCL that's not loading foreign crude nko....?
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Topsoul147: 7:17am On Feb 02, 2025
who Nigeria government and those business thief think say them d deceive
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Solidex(m): 7:17am On Feb 02, 2025
Kreesxxx:
Naira will depreciate next week to balance price.
Don't be a prophet of doom.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Ifyz0001: 7:22am On Feb 02, 2025
Dangote is using us to become and remain the wealthiest man in Africa, well he cannot be more than that...the wealthiest man in Africa, he can't cross Africa.

That's all ..

Cos how can petrol locally produced be as expensive as the one imported? He is using the latest refining equipments that reduces the cost of production in his 650mbpd refinery.

How can dangote cement be more expensive in Nigeria than in other African countries, even after transportation cost to other countries..

Dangote is just a local African champion.

Now to build a simple duplex will require millions of naira because of Dangot's greed.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Ikpunekenwa(m): 7:24am On Feb 02, 2025
Paraman:
I know price of refined crude will fall because of the naira performance
So naira has its own brain to perform on its own, these APC urchins most times behave like they were born via abortions.

Are you an APC urchin is the first question you'd ask before calling the mods.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by mclloyd22(m): 7:25am On Feb 02, 2025
olatade:
https://tribuneonlineng.com/breaking-dangote-refinery-crashes-ex-depot-petrol-price-to-n890/amp/
If you own a car please locate any MRS and buy a well deserved fuel for your car. Did a practical check of the fuel by pouring it in a transparent bottle with its color almost white and when I shook it trust me there was no expansion(Ndi chemistry tell us more about that) I bought 940 in imo state. Another thing I noticed was my cars response when I tap the accelerator(very sharp move). As a car mechanic this fuel helps your injector system and detonation takes place smartly in the cylinder. Make sure your MASS AiR Filter is clean so that the engine recieves enough air to mix with the fuel for proper and easy combustion. Happy Sunday Fam
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by hakayswag(m): 7:25am On Feb 02, 2025
Let your idle LinkedIn account make money for you. Check my signature.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Kreesxxx: 7:26am On Feb 02, 2025
Solidex:
Don't be a prophet of doom.
Bros this is the dynamics of economics for government to balance their books.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Ikpunekenwa(m): 7:27am On Feb 02, 2025
Lithiumite:
How and where did you get your data from with empirical evidence... You people just open your mouths to spew bunkum al in the name of freedom of speech.
Is the federal government still paying subsidy?
Yes or No?
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Minjim: 7:27am On Feb 02, 2025
givedemwotowoto:
With petrol subsidy, the average car owner in Nigeria saved about N140,000 monthly or N1.6 million annually on driving alone.

Since there’s no more petrol subsidy, what equivalent value has government added to the lives of Nigerians to warrant the removal of N1.6 million from millions of households in Nigeria?
All they tell us is the amount they've saved.
So , where is the saved money going to ? What are they doing with it to ease the pains and death saving the money brought?
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by NokiaN8(m): 7:34am On Feb 02, 2025
[quote author=givedemwotowoto post=133966345]With petrol subsidy, the average car owner in Nigeria saved about N140,000 monthly or N1.6 million annually on driving alone.

Since there’s no more petrol subsidy, what equivalent value has government added to the lives of Nigerians to warrant the removal of N1.6 million from millions of households in Nigeria? [/quote
Really? Who is an average Nigerian that would fill his tank twice a month in the past?
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Lifemanage: 7:41am On Feb 02, 2025
AfahaAbia:
Dangote should move in to retail. Open filling stations all over the country.
He should just align with a confirmed distributor like MrS his brother. Nigeria needs more collaborative businesses now...
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by MichaelSokoto(m): 7:45am On Feb 02, 2025
HelenaWills:
Wow! A wholesome #60 reduction.
Let me go and price a v8 car.

Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by ITbomb(m): 7:49am On Feb 02, 2025
With the deregulation, we expect prices to rise and fall, however, I think we should have a stabilization fund to keep prices stable for at least each quarter.

When the price is lower than govt price, we save, when it is higher, we use it to keep the price.

It will help in medium term fiscal planning
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by AfahaAbia(m): 7:49am On Feb 02, 2025
Lifemanage:
He should just align with a confirmed distributor like MrS his brother. Nigeria needs more collaborative businesses now...
Exactly
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by philipobiz: 7:52am On Feb 02, 2025
All this small small money when them dey remove say them crash price. Who are they fooling?
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by iwaeda: 8:02am On Feb 02, 2025
Jungleluv5:
You will never appreciate good news because you love to carry bad news. Numskull
At my age, I know the truth, We all speak from what we know. Iree oo. grin grin grin angry
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by NinjaMetahuman: 8:14am On Feb 02, 2025
Emeskhalifa:
Small time, hin go increase am again
that's how deregulation works


Once the price of crude increases again in global market, price of petrol will increase too.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by fineboynl(m): 8:15am On Feb 02, 2025
.. the adjustment here and there is killing the economy. The price needs to be fixed and that's where subside comes in.
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Skyehigher1: 8:15am On Feb 02, 2025
It shall never be well with dangote if not be marketers that imported petrol dangote will never crash it price importation must continue
Re: Dangote Refinery Reduces Ex-Depot Petrol Price To ₦‎890 by Skyehigher1: 8:16am On Feb 02, 2025
If we have importer of cement ni cement price will also go down
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Dangote Refinery Reduces Petrol, Diesel PricesEx-Depot Petrol Price Rises To ₦‎490 Per LitreNNPCL Pegs Ex-Depot Price At ₦479.50 Per Litre234

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