₦airaland Forum

We should never put hope or confidence in this man, he will play us like chess, I wish this fu*king country would just sit up.

Tinubu is not faithful to his promise, so the man needed to.change too.

Frankly,the bigwigs in d oil industry don't want Dangote to exist at all...
Even d so called President doesn't have power over these maniacs...
We're in this together...

H

Many of you don't know what is going on - PMS might sell 2,500 per liter from Dangote in the coming months. You see, NNPC had already sold upfront crude to neighboring nations leaving Dangote as a major provider.

We need to wake up, the country has gone to the dogs. No nation has ever prospered either without a great leader or a popular revolt.

NinjaMetahuman:
I hope they suspend the sales of crude to him in naira too.

This is why I laughed at those who wanted importation banned because if dangote.

If you want to hide an information from an african, put it in writing.

Una no dey ever read

DOM7:
Sure that is the only way to go, he's out for business if the wicked cabals refuse to sale for them in naira you don't expect them to sale in naira, they cabals we carry out this wickedness and turn back and blackmail Dangote for everything, this Man strong head if not he for don back out and pack his thing to another country.

$20 billion investment no be beans. If you sink that amount of money anywhere na fight to death oo.

Ijobaorun:
When will #1 = $1 again?

After another reset.

According to some people, this present world is a product of a previous reset from a more advanced species.

So may be till another one occurs, there is no hope till eternity.

Dollar transaction in Nigeria should be banned and stopped..it depreciates and devalues the naira against the dollars

This doesn't make sense.

Are you the only one that is producing in Nigeria? What about other companies? Shd they start selling in dollar too cos they buy raw materials in dollar?

I thought it's a crime to transact in dollar in Nigeria!!!!

Aile:
Sincerely Nigeria don tire me

Please hang in there.
The scripts are yet to be played.
That country ruined every part of my Psyche.

They are trying to betray the consumers in other to cause scarcity . They probably selling to our nebouring countries like Niger republic in large quantities and hence are now short of products for local consumers

oluwaseyi0:
When you bought in naira and sell some in naira and others to international market in dollardollar we didn't here any sulking

Well, when am ill-informed guy expresses his opinions, he would talking like drunkard, I will advice you to go and read the reasons for his actions.

Ijobaorun:
When will #1 = $1 again?

It will when Lucifer is back in heaven as God's angel.

DemonSlayer:
Not exactly. Did you even read the OP? What they're claiming is that they've bought crude in dollars so selling PMS in naira is no longer sustainable, and that they'll promptly resume selling in naira as soon as NNPC supplies them crude in naira.

From his name you don't need to ask thar question. They don't read, oluwale is there to cover their back.

The country is built on corruption ... Corruption is just in the DNA here.

Watch the exchange rates go up and price of commodity too. Tifnibu is a terrible presidio

ufotunang:
Dollar transaction in Nigeria should be banned and stopped..it depreciates and devalues the naira against the dollars

The US Dollar is a problematic currency, the dollar is said to be a stable currency but year on year it still loses its value and causing problems for us in Africa.

They preach buy naija to grow naija, but they r selling naija crude to a naija man in America dos.
I knew nnpc press release last few weeks denying not ending Naira for crude deals was a lie. Why dis govt lie alot

No wonder there is sharp naira depreciation this evening..

Crude oil was sold to him at a fixed exchange rate, but still subject to international market price.
It appears the oil marketers that are importing were able to source FX at a lower rate than what was agreed with Dangote with FG thereby making Dangote product price higher than the imported one. Marketer are now saying PMS landing cost is less than #800.

NNPCL is really frustrating Dangote.

Tinubu is playing with the intelligence of Nigeria as the minister of petroleum, when Nigeria have refinery buying crude in Dollar is a no no. But because himself as the president trade in Dollar. So Nigeria problem is our leader

thesolutions:
Everything is coming out gradually.
Until NNPC step up their game and start true refining of petroleum products, dangote will keep dribbling them.

Dangote has no Care for anyone or the economy just like the government has no Care for the well-being of the masses. This government is the worst of it.

The government should as a matter of urgency suspend dangote refining and sales licenses while NNPC is given the government ahead to import petroleum products to mitigate any shortage in supply that could occur as a result of suspending dangote. It will be worth the sacrifice.

All dangote want is to spend the naira and keep the dollar. That can not benefit the economy.

It is always in the favour of the masses to align with the government but this government is proving everyone wrong by their selfish attitudes.

Read the article. Dangote says when they receive naira-denominated crude, they will charge in Naira.

Your suggestion that we should take away Dangote’s refining license and enthrone importation is another way of saying we should continue to plummet the power of the Naira, continue to export value added services abroad, we should reinforce unemployment and high cost of living, high cost of doing business and reduce standard of living.

I haven’t come across a worse post on the Dangote-NNPCL fracas yet. You are asking to amputate your legs because you think they are not fine.

TechBaron:
Can we just dismantle this British experiment for the good of our kids and the generation unborn?

365 days of battling with one problem or the other.

I'm very sure God himself is tired of Nigeria's problems!

The best is for Nigeria to disintegrate

Chisave:
If you want to hide an information from an african, put it in writing.

Una no dey ever read

and you that read the post, which information is missing?

The bearish trend of the naira of-recent has left them without choice than to sell in dollars.

delzbaba:
We should never put hope or confidence in this man, he will play us like chess, I wish this fu*king country would just sit up.

If you had a functional government, you wouldn’t be holding a private sector player responsible for what the government was set up to address or you won’t be hoping on him for anything that the government is suppose to provide.

dangote squeezing nigeria balls

DemonSlayer:
Not exactly. Did you even read the OP? What they're claiming is that they've bought crude in dollars so selling PMS in naira is no longer sustainable, and that they'll promptly resume selling in naira as soon as NNPC supplies them crude in naira.

But then again Dangote can’t come out and say every crude he bought in Naira was sold in Naira after refining can he?