₦airaland Forum

Great100000:
Source: https://dailypost.ng/2025/03/11/why-retailers-marketers-dump-dangote-refinery-petrol-for-import-stakeholders/

Baxilexi:
“We cannot buy a product at N889, and over the night, the prices are dropped to N825, which is unfair.

Yes you can;
1, You’re not forced to sell below your cost price immediately,
2, if it was an increment your like will up the price instantaneously, so stop being deceptive,
3, it’s a wide margin of profit for you, 100 liters at 88,900, will become 82,500 on your next purchase, a whopping 6,400/100L stashed away or reinvested. What is the actual issue?
I do not support the Dangote industry for personally reasons, but his venture into the oil and gas sector should in theory have turned the country’s economy around for the better. I still hold that the true cost of PMS lies at circa 500 NGN. Marketers and NNPC fight vehemently to resist any downward trend in prices and this is seconded by the presidency.
I believe at this point the sector needs to be regulated. Deregulation was a farce, and now unionism is crippling productivity. We have refineries, we don’t need so many players in the field, they should divest.

@FG, build freggin railways connecting the major cities in Nigeria. Even if not for commuting of passengers but for rapid dispatch of goods and services. It’s too basic to be delayed.

Baxilexi:
“We cannot buy a product at N889, and over the night, the prices are dropped to N825, which is unfair.

Yes you can;
1, You’re not forced to sell below your cost price immediately,
2, if it was an increment your like will up the price instantaneously, so stop being deceptive,
3, it’s a wide margin of profit for you, 100 liters at 88,900, will become 82,500 on your next purchase, a whopping 6,400/100L stashed away or reinvested. What is the actual issue?
I do not support the Dangote industry for personally reasons, but his venture into the oil and gas sector should in theory have turned the country’s economy around for the better. I still hold that the true cost of PMS lies at circa 500 NGN. Marketers and NNPC fight vehemently to resist any downward trend in prices and this is seconded by the presidency.
I believe at this point the sector needs to be regulated. Deregulation was a farce, and now unionism is crippling productivity. We have refineries, we don’t need so many players in the field, they should divest.

@FG, build freggin railways connecting the major cities in Nigeria. Even if not for commuting of passengers but for rapid dispatch of goods and services. It’s too basic to be delayed.

galserv:
God bless Tinubu

Subsidy removal is the best thing to happen to this country

Just look at how the l*natics are reeling in pains

Great100000:
Source: https://dailypost.ng/2025/03/11/why-retailers-marketers-dump-dangote-refinery-petrol-for-import-stakeholders/

Deepspirituals:
Including U

donself9:
if you dont support dangote existence then your write up is pointless and needless

i dont see any logic behind not supporting Dangote the only one that as brought accountability and cost reflective price into oil sector

Have you see Dangote net tax to the govt 2024, the ones you love and adore are they contributing to the growth of Nig. more than dangote

make una go sit down jare

CodeTemplar:
to all the demons saying Dangote is a monopolist, see those who don't want prices to go down for any reason.

Wimkeh:
I don’t support the subsidy merchants but trust me, you do not want Dangote to monopolize the fuel sector. It’ll be very bad. He’ll be the sole determinant of fuel price just like cement.

galserv:
God bless Tinubu

Subsidy removal is the best thing to happen to this country

Just look at how the l*natics are reeling in pains

ironheart:
Funny how Dangote shot himself on the foot when they asked him how much he will be selling the fuel and. He said NNPC will determine the price.

I believe petrol can sell for less than N400. No right thinking man will import product if they can get it cheaper.Importers are importing because of the secret subsidy that comes with importation.

Its lucrative to import despite logistics, and other cost attached to it.

Wimkeh:
I don’t support the subsidy merchants but trust me, you do not want Dangote to monopolize the fuel sector. It’ll be very bad. He’ll be the sole determinant of fuel price just like cement.

Gboss247:
If subsidy was removed, importation would have died the next minute.

fedundiran:
“We cannot buy a product at N889, and over the night, the prices are dropped to N825, which is unfair.

The audacity of these importers!

fedundiran:
“We cannot buy a product at N889, and over the night, the prices are dropped to N825, which is unfair.

The audacity of these importers!

Baxilexi:
*For the sake of the larger audience.

Read carefully my previous post, I support his refinery because it’s mutually beneficial but the brand Dangote is selfish, self absorbing, and unpatriotic.

Expanding the narrative… all over the world there comes a point in a man’s life where he chooses integrity, industry and immortality over money. In America today those who wield power are those breaking out of the private sector and working to fix the ills in government so it can be just as efficient as the private sector. Same is happening in Europe.

Dangote for year has been in tandem with successive governments to exploit the average Nigerian. Can anyone list 5 public infrastructure donate by his company to improve the welfare of Nigerians? Has he built a public library? or a stadium? Or public schools? Or supported technology and research?

Bill gates is an American that could have chosen to spend every penny he has on exotic shoes, cars and women but his company global good bridges the gap between death and survival in many third world countries. Same as the Dutch royal family.

All Dangote craves is to wear the title ‘richest man in Africa’ in the poorest country in the world, what paradox.

Kwame Nkurumah said “ let us all remember that nothing can be done unless it has the purport and support of God.

We have won the battle and again rededicate ourselves … OUR INDEPENDENCE IS MEANINGLESS UNLESS IT IS LINKED UP WITH THE TOTAL LIBERATION OF AFRICA.”

I dare say the same of Mr Dangote’s empire, it has not liberated (save his refinery) Nigeria/nigerians since inception, its imperialist and not an inspiration to Nigerians.

Again, it’s my opinion.

galserv:
Nope. Subsidy removal the government is no more paying the difference between cost price and selling price. It has nothing to do with importation.

Gboss247:
Remember, Tinubu claim to remove subsidy in his inaugural speech.

galserv:
God bless Tinubu

Subsidy removal is the best thing to happen to this country

Just look at how the l*natics are reeling in pains

Gboss247:
Says someone who votes in bad government every four years

cyberguy72:
Other Refineries would come up with time.For the maintime lets focus on how we can get cheaper fuel,thats what Dangote is trying to achieve

tete7000:
No be the same Tinubu gathered people to oppose the same deregulation some years back when it could have brought less pain? God cannot bless him for condemning what he knew was always the right thing to do, deceived people to get power and then turned around to implement the same policy when it hurts the most. God doesn't work like that, he can't be deceived if you are deceived.

Wimkeh:
I don’t support the subsidy merchants but trust me, you do not want Dangote to monopolize the fuel sector. It’ll be very bad. He’ll be the sole determinant of fuel price just like cement.

galserv:
God bless Tinubu

Subsidy removal is the best thing to happen to this country

Just look at how the l*natics are reeling in pains

Baxilexi:
“We cannot buy a product at N889, and over the night, the prices are dropped to N825, which is unfair.

Yes you can;
1, You’re not forced to sell below your cost price immediately,
2, if it was an increment your like will up the price instantaneously, so stop being deceptive,
3, it’s a wide margin of profit for you, 100 liters at 88,900, will become 82,500 on your next purchase, a whopping 6,400/100L stashed away or reinvested. What is the actual issue?
I do not support the Dangote industry for personally reasons, but his venture into the oil and gas sector should in theory have turned the country’s economy around for the better. I still hold that the true cost of PMS lies at circa 500 NGN. Marketers and NNPC fight vehemently to resist any downward trend in prices and this is seconded by the presidency.
I believe at this point the sector needs to be regulated. Deregulation was a farce, and now unionism is crippling productivity. We have refineries, we don’t need so many players in the field, they should divest.

@FG, build freggin railways connecting the major cities in Nigeria. Even if not for commuting of passengers but for rapid dispatch of goods and services. It’s too basic to be delayed.

DMerciful:
How many Nigerians are reeling in pains? Much more than the marketers you're spiting.

Cutting your nose to spite your face.

If i may asked, where is the money from subsidy removal?