₦airaland Forum

CodeTemplar:
see dem. Bad belle. Is Dangote stealing or buying crude?
You can start N500 a litre by geting a drum of crude oil from PH and some firewood.

beerfraud:
Bad news for IPOBidients
Cc
Killerofpigs

Zionmdde:
What dangote is doing
Let's be watching
While the masses are happy
Some competitors who are supposed to checkmate monopoly and prevent the "cement" situation might be forced to close business with this price war.

In summary, this is dangote trying to monopolize the market. We are laughing now, but looking at how greedy dangote can be, it may spell disaster in the future

Nwaokunkpara:
Fuel that was sold for #250 a liter and we all cursed Buhari for it


We're I am doomed for in this country of an animal farm

FreshChronicle:
Location of this particular fueling station before we judge this matter

Diligence:
The cheating has been terrible. Pls take it back to N500/ litre...

adeniyi65:
Where is south south own.

jetwonder:

Tinubu is working

NOETHNICITY:
What a dumb comment
Would you have preferred that dangote continue to increase price?
Most Nigerians have low IQ

CodeTemplar:
see dem. Bad belle. Is Dangote stealing or buying crude?
You can start N500 a litre by geting a drum of crude oil from PH and some firewood.

Benrosaria:
It won't only reduce but will have no value very soon. Cause electric cars will flux the country. Leaving electricity as a very High rate. We don too mumu for this country...


So anyone still having 1 billion metric ton of fuel will soon be serving it in his wedding reception

CodeTemplar:
see dem. Bad belle. Is Dangote stealing or buying crude?
You can start N500 a litre by geting a drum of crude oil from PH and some firewood.

Zionmdde:
Read what I wrote again. And this time around find somewhere to plug your brains. I believe the batteries are dead.

Or you find out what sudden fall in price does in crypto market.

Most Nigerians have low IQ, yes, but I don't think you have any at all

kelvindj98:
At the end of the day the Private sector is still the savior of the refinery industry. When BUA refinery comes on stream, NNPC and oil marketers looking for free money will sit up.

NOETHNICITY:
Bro, your comment is dumb. In fact very dumb!
Maybe you need to go back and edit it so it can make sense

Yobabad:
Trust APC and it's propagandist at ur own peril

press9jatv:
Good one, soon it will reduce to #500 per litre

Deltafirstson:
Although the pump price of fuel was N197 when President Bola Tinubu took over on May 29, 2023, the product now sells for N617 per litre – less than two months after.

In his inaugural address, Tinubu announced that subsidy was gone, fulfilling a promise that all leading presidential candidates made during the campaign.

However, pump price of fuel hit N537 per litre days after Tinubu ended subsidy.

On Tuesday, the price climbed further to N617, a development that the Nigerian National Petroleum Corporation Limited (NNPCL) attributed to “market forces”.

Nigerians have been lamenting the hardship occasioned by fuel price hike. Amid the lamentation, a video where Tinubu campaigned to slash the price of fuel went into circulation.

Checks by Daily Trust affirmed the authenticity of the video uploaded on the YouTube page of Channels Television.

At his campaign rally in Abeokuta, Ogun State capital, on January 25, 2023, Tinubu spoke on a number of issues, but those of fuel scarcity and naira redesign made the headlines.

However, Tinubu who spoke in Yoruba language, also assured the crowd that though people were saying petrol price would hit N200, it would be reviewed downward under him.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax, we will bring it down,” he had said in the 7th minute of the video.

King Wasiu Ayinde Marshall, a Fuji musician who performed at the rally, interrupted the president’s speech with chants as the crowd cheered.

On the campaign podium with the president were Vice-President Kashim Shettima; Pa Bisi Akande, interim National Chairman of the APC; Femi Gbajabiamila, Chief of Staff to the President; Senator Gbenga Daniel; among other bigwigs of the ruling party.

Tinubu went further to say Nigerians would defy the acute fuel scarcity at the time and trek to cast their votes.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200/N500 per litre. Go and relax, we will crash the prices,” he had said.

https://dailytrust.com/breaking-video-of-tinubu-campaigning-to-crash-fuel-

he had said in the 7th minute of the video.

https://www.youtube.com/watch?v=4JH8CC_JdUA

Yobabad:
Trust APC and it's propagandist at ur own peril

April,14 2015
FORMER Minister of Petroleum and Energy, Prof. Tamunoemi David-West, said that Nigerians should expect sharp drop in petrol price from the current N87 to about N40 per litre, saying, “the president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”

In a telephone interview with Vanguard, the former minister argued that Nigeria produces millions of barrels of crude oil daily, and if properly harnessed will boost the performance of the industry.
His words: “I want to assure you that by the time he takes over, petrol will be dispensed at N40 per litre. This is possible and he has the credibility to make it work.
The major assignment of the president-elect when he is eventually inaugurated is to restore confidence to the industry.
He noted that the president-elect is familiar with the petroleum industry, adding that he is a straight forward person that has respect for democratic principles.

“As military head of state, he dealt with the Federal Executive Council with the tenets of democracy. Buhari will build new refineries to make petroleum products available for the masses. No responsible government will allow the masses to suffer.
“He will strengthen the refineries within a year. It is possible as we won’t spend any amount in setting up a green field refinery. We already have a blueprint as we shall use what we have to get what we want,” he added. He further stated that on many occasions, the president – elect had disclosed that the subsidy initiative is a fraud which has distorted the progress expected in the sector.

He is also said to have frowned at the spate of corruption, which has characterised the subsidy regime to include the trillions of Naira spent on both Petrol and Kerosene subsidy within the past few years, thus inhibiting efforts to properly carry-out the Turn Around Maintenance TAM, for the refineries. He added that on countless occasions, he had argued that the country is forced to pay for scam carried out by oil cartel.


http://www.vanguardngr.com/2015/04/buharill-reduce-petrol-to-n40l-david-west/