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136.7m Litres Of Petrol Imported In One Day – Daily Trust - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPolitics136.7m Litres Of Petrol Imported In One Day – Daily Trust (5863 Views)

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Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Eriokanmi: 12:45pm On Feb 12, 2025
Irony1:
Oga that is not true. You have been trying to cleverly dodge the transparency situation in NNPC and the refineries. Oga this format is stale bro. you cannot compare US with Nigeria, even in terms of demand you still cannot compare
Golan007 will never see anything reasonable in your submission, especially, if it doesn't go in tandem with his mentors' corrupt and deceitful practices, even though his conscience will be telling him what he's saying isn't right. The phc refineries is only blending, not refining and I said it immediately after take-off.

Dangote will burst their bubbles with further price reduction soonest and let's see if the NNPCL will be able to match that with their imported products, which they are now blending. Remember they said the reduced price wasn't sustainable recently? Why copying Dangote when you know you'd run at a loss if you don't make up for the imported price difference ultimately? Just watch and see the drama as it unfolds.

One thing is certain,Nigeria will continue to suffer a decline in growth and development as long as these guys are in power. Our position of 4th largest economy in africa today is enough to proof were not moving forward. It's a padi-padi style of government who.doesmt give a damn if the masses are dying or not. You can't hide lies forever.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Golan007: 12:47pm On Feb 12, 2025
Eriokanmi:
Golan007 will never see anything reasonable in your submission, especially, if it doesn't go in tandem with his mentors' corrupt and deceitful practices, even though his conscience will be telling him what he's saying isn't right. The phc refineries is only blending, not refining and I said it immediately after take-off.

Dangote will burst their bubbles with further price reduction soonest and let's see if the NNPCL will be able to match that with their imported products, which they are now blending. Remember they said the reduced price wasn't sustainable recently? Why copying Dangote when you know you'd run at a loss if you don't make up for the imported price difference ultimately? Just watch and see the drama as it unfolds. One thing is certain,

Nigeria will continue to suffer a decline in growth and development as long as these guys are in power. Our position of 4th largest economy in africa today is enough to proof were not moving forward. It's a padi-padi style of government who.doesmt give a damn if the masses are dying or not. You can't hide lies forever.
I want Dangote to flood the market just as much as anyone.

If Dangote has no rival, HE WOULD NOT.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Irony1: 12:56pm On Feb 12, 2025
Golan007:
grin

Oyinbo, make most of you sound stupid.

It's not really an insult.

It speaks to your innate inferiority.

Whatever they do is right whatever we do is wrong, even if it is what they did too.

Quite a shame.
But you are the one showing the inferiority here. You are the one that started making reference to US. You are a clown walahi
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Golan007: 12:58pm On Feb 12, 2025
Irony1:
But you are the one showing the inferiority here. You are the one that started making reference to US. You are a clown walahi
I made it clear that it doesn't matter what WE do, it is a problem for you.

You would justify others but never OURS.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Eriokanmi: 1:08pm On Feb 12, 2025
Golan007:
I want Dangote to flood the market just as much as anyone.

If Dangote has no rival, HE WOULD NOT.
That's everyone's wish. But not the way the NNPCL is acting rn. Are you aware dangote has been boxed to a corner? He said he could meet local petrol needs but the NNPCL kicked. Dangote even showed the public all the statistical data but the NNPCL went ahead and said they'd appoint 3 importers of petrol. This was before the take-off of the phc blending facility and dangote went to secure a court order to stop NNPCL cos they had an agreement. You can't tell me not to sell at a reduced price to the suffering public as instructed and still say I shouldn't serve the same market fully. Dangote isn't allowed to operate at full capacity. Even though the reason isn't made public, you and I know why. Read TheNation Newspaper, yesterday's edition for the recent development.

The high fuel price was supposed to favour dangote but the NNPCL is taking a chunk of it otherwise, pump price would have been as low as 600 naira as planned before August 2024 by dangote. Some investors now advised dangote to withdraw the court order which he did, cos the fed govt is more powerful than any Individual. I'm sure you followed all these as well. The imported products are used to feed phc refinery for blending.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Golan007: 1:11pm On Feb 12, 2025
Eriokanmi:
That's everyone's wish. But not the way the NNPCL is acting rn. Are you aware dangote has been boxed to a corner? He said he could meet local petrol needs but the NNPCL kicked. Dangote even showed the public all the statistical data but the NNPCL went ahead and said they'd appoint 3 importers of petrol. This was before the take-off of the phc blending facility and dangote went to secure a court order to stop NNPCL cos they had an agreement. You can't tell me not to sell at a reduced price to the suffering public as instructed and still say I shouldn't serve the same market fully. Dangote isn't allowed to operate at full capacity. Even though the reason isn't made public, you and I know why. Read TheNation Newspaper, yesterday's edition for the recent development.

The high fuel price was supposed to favour dangote but the NNPCL is taking a chunk of it otherwise, pump price would have been as low as 600 naira as planned before August 2024 by dangote. Some investors now advised dangote to withdraw the court order which he did, cos the fed govt is more powerful than any Individual. I'm sure you followed all these as well. The imported products are used to feed phc refinery for blending.
Nobody would give Dangote Monopoly.

He may have detractors yes, but he would not be allowed to run a Monopoly.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Eriokanmi: 1:15pm On Feb 12, 2025
Golan007:
Nobody would give Dangote Monopoly.

He may have detractors yes, but he would not be allowed to run a Monopoly.
I don't think he's running a monopoly nor does he intend to run one. Are you aware he first slashed the pump price before the NNPCL? Despite the latter following suit, it took them a month before implementing it. Recently, they said they can't sustain it but dangote never said anything. Dangote didn't stop PHC and other refineries from operating, the way he cannot stop other investors like BUA whose refineries will be on stream any moment. It's the NNPCL that's rather playing the role of a Monopoly in this case.

The truth is, the fed govt is milking the masses through the NNPCL. I hope by the time other refineries are completed, they'd not treat them same way.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by iwaeda: 1:19pm On Feb 12, 2025
mofedamijo:
In February 2025, the Dangote refinery exported two cargos of jet fuel to Saudi Aramco. The consignment was about 130 million liters.

And you think the Saudi Aramco would have bought jet fuel from Dangote if it wasn't functioning.

Even countries with the biggest refineries still import fuel.

The United States has the largest refineries in the world, but still imports petroleum, including crude oil, gasoline, and diesel, from many countries, including Canada, Mexico, Saudi Arabia, Iraq, and Brazil.

Just because NNPC imports doesn't mean Dangote Refinery is not working.
And you believed this trash. cheesy cheesy cheesy cheesy cheesy
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Golan007: 1:22pm On Feb 12, 2025
Eriokanmi:
I don't think he's running a monopoly nor does he intend to run one. Are you aware he first slashed the pump price before the NNPCL? Despite the latter following suit, it took them a month before implementing it. Recently, they said they can't sustain it but dangote never said anything. Dangote didn't stop PHC and other refineries from operating, the way he cannot stop other investors like BUA whose refineries will be on stream any moment. It's the NNPCL that's rather playing the role of a Monopoly in this case The truth is, the fed govt is milking the masses through the NNPCL. I hope by the time other refineries are completed, they'd not treat them same way.
I believe in Dangote and want him to succeed but Dangote MUST have competition.

At the same time, scarcity must be averted via overdependence and overreliance on Dangote.

I have no problem with NNPC importing despite how dramatic the headlines might be.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by mofedamijo(m): 3:03pm On Feb 12, 2025
Irony1:
i think we are both misunderstanding ourselves, i am also criticising the opaque nature of NNPC details i also support your stand that anyone saying Dangote refinery is not functioning is lying.
Ohhh, I get your point bro. In my opinion, which might be wrong, I just believe some individuals do not want any of the refineries to function, and even if it functions in full capacity, they still want to import for their own selfish reasons.

You are right though, so many things do not add up with NNPC.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by mofedamijo(m): 3:09pm On Feb 12, 2025
iwaeda:
And you believed this trash. cheesy cheesy cheesy cheesy cheesy
Am I suppose to believe you or to believe reputable reports....

Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by iwaeda: 4:03pm On Feb 12, 2025
mofedamijo:
Am I suppose to believe you or to believe reputable reports....
grin grin angry
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Alliswell248: 11:14am On Feb 13, 2025
SalamRushdie:
They are not even working in any capacity, it was all announced as a cover to hide fuel imports as coming from those refineries ...with Dngaote refinery working perfectly we shouldn't be importing upto 1 million litres no matter what
Says a Cownu believer, who still believe Buhari is dead and has been replaced by Jubril of Sudan.

I'm done with you.
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Abufo: 4:50am On Feb 14, 2025
Irony1:
The bolded is the greatest blunder he has ever made, as that singular move crashed the economy.
No ...it saved the economy actually............!!

The government has been able to clear the forex backlog...............and the realistic exchange rate has attracted more forex into the economy! The problem is that when Nigerian governments see money they go haywire and bersek.........spending every dime on frivolities!
Re: 136.7m Litres Of Petrol Imported In One Day – Daily Trust by Irony1: 5:39am On Feb 14, 2025
Abufo:
No ...it saved the economy actually............!!

The government has been able to clear the forex backlog...............and the realistic exchange rate has attracted more forex into the economy! The problem is that when Nigerian governments see money they go haywire and bersek.........spending every dime on frivolities!
You say it has attracted more FX to the country, bros that is the biggest lie ever, we still have a serious supply problem because no FX is coming in like before.
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