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Dangote Refinery Suspends Sales Of Petroleum Products In Naira - Business (4) - Nairaland

Nairaland ForumNairaland GeneralBusinessDangote Refinery Suspends Sales Of Petroleum Products In Naira (17844 Views)

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Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Elochukwu00(m): 8:20pm On Mar 19, 2025
I talk am, nothing last in this country.


When I said in Nigeria, whenever the price of any commodity goes down drastically, be scared cos in distant time, the price will soar double of what it was before it began to go down.


Let's watch the exchange rate and the fuel price and see what come of it in the next few weeks.

God bless Nigeria with leaders who have the good of the people at heart and not their selfish interest alone.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by MiddleDimension: 8:21pm On Mar 19, 2025
DemonSlayer:
That's exactly what they came out to say in paragraph 2 of the press release.
My dear, when people hate you, they just hate you. You cannot help them fix their hate. Anything they did not reason into, even if you present reason, they still won't be able to get over their hate for Dangote. Stop trying to present them with reason.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by anyilalaz: 8:22pm On Mar 19, 2025
Hold your dollars very close.
Thank me later.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by AareGaa: 8:25pm On Mar 19, 2025
id4sho:
Definitely, it's because of this rivers issue. Trans Amadi pipeline carries %20 of daily production which has been blown and that's more than the daily supply to local refineries. Federal government will continue exporting to service crude for loan exchange. Dangote will ramp up import of crude from other countries to continue production.
Tinubu messed up by not calling Wike to order and that uncalled for state of emergency
Carry your frustration and lies commot here.

The blown pipe line has been fixed
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Wimkeh(m): 8:26pm On Mar 19, 2025
Jestin:
Dollars rate to skyrocket again
How? Na Dangote dey hold Nigeria currency?
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by AareGaa: 8:28pm On Mar 19, 2025
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 of dangote.
Illiterate, you didn't understand what they wrote here.
You quickly rushed to type rubbish because of the bitterness you have for Dangote.

Bitterness killed many of your blodas last year alone.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by AareGaa: 8:33pm On Mar 19, 2025
AlabiKILLER2023:
Militant get to work


Blow all the oil pipelines 🛢️🛢️🛢️🛢️⚒️⚒️🛠️💣💣💣💣💣


After all

Yoruba IGR is capable of sustaining zoo economy
😋😋😋😋😋😋😋
Cursed Mkpurumini bloda!

You go tire!
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by fineboynl(m): 8:34pm On Mar 19, 2025
I hope efcc will not be arresting people for demanding for dollars since the government is not willing to sell to dangote with naira.

Every body should just dump the naira instead. Nnpc and fg want to play game
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Lookmun: 8:38pm On Mar 19, 2025
NinjaMetahuman:
either way, he should not be buying in naira and be selling in dollars.

That's fuckery.
How won’t he sell to willing foreign buyers when his country people are sidestepping him to purchase imported products despite the fact that he has enough to serve them?

Why should he not collect dollars when his willing foreign buyers don’t collect naira?
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by PlanetZero: 8:46pm On Mar 19, 2025
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 of dangote.
Did u read the article at all. Nnpc not supplying the guy. He is getting his crude in dollars . Blame nnpc, not dangote
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by lekonso: 8:58pm On Mar 19, 2025
Dangote has good intentions for this country.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by AguluLiar: 9:04pm On Mar 19, 2025
NwokoloOwa:
Dangote has always been a FRAUD
Mkpurumini cannibal!

Bitterness against Dangote will kill you and your illiterate blodas
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by martinmiller: 9:07pm On Mar 19, 2025
CodeTemplarr:
may thunda strike your skull. Animal. Why isnt NNPCL selling lower than monopoly Dangote?
You and your father are bastards - you think you can just open your mouth to mis yearn, you will die untimely death fool - you will soon lose your life to chains and misfortune. E no go better for you idiot.

You better don't cum for me. I no send your papa - foolish boy, you are a wasted something basket
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Bimpe29(m): 9:10pm On Mar 19, 2025
To sustain a joy in Nigeria is really hard.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by RealityKings1: 9:20pm On Mar 19, 2025
He's doing his business and meeting his goals
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by ALISMILE(m): 9:20pm On Mar 19, 2025
meobizy:
Well, that’s unfortunate. Naija killing dreams once again.
Lets hope this is resolved as soon as possible
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Itwas: 9:24pm On Mar 19, 2025
Why is it so hard for the youths to protest vehemently if possible scatter this country make everybody including una leaders feel the impact,our youths are so soft,let's destroy a lot of this idiotic leaders assets we are more than them in numbers so we can do it but then on the other hand we only have youths whose focus is only on how to scam his fellow citizens....bunch of foolish youths.....Vdm God bless you,you are the only Nigerian youth with wits and guts.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Gboss247(m): 9:39pm On Mar 19, 2025
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!
Then start another British experiment by proxy using a Middle Eastern country
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by mauchiz: 9:40pm On Mar 19, 2025
Itwas:
Why is it so hard for the youths to protest vehemently if possible scatter this country make everybody including una leaders feel the impact,our youths are so soft,let's destroy a lot of this idiotic leaders assets we are more than them in numbers so we can do it but then on the other hand we only have youths whose focus is only on how to scam his fellow citizens....bunch of foolish youths.....Vdm God bless you,you are the only Nigerian youth with wits and guts.
Since they want to sell in dollars, Nigerians should stop using naira and start using dollars.

Since naira is not good enough for Tinubu and Apc, let's all start using dollars and burn naira.

Tinubu and his team should be suspended so that Nigerians can breath well.
It is too much,
Wetin happen?
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Gboss247(m): 9:41pm On Mar 19, 2025
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.
Says a Tinubu supporter
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Gboss247(m): 9:43pm On Mar 19, 2025
Bigwings22:
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.
While is it not causing troubles in South Africa, Lesotho, Morocco, Algeria, Ghana and Libya?
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Gboss247(m): 9:44pm On Mar 19, 2025
Realdeals:
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.
Check the quality and grade of petrol imported marketers and stop dancing on prices only
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Bwanasaraw: 9:58pm On Mar 19, 2025
Antichristus:
Can someone explain how Dangote isn't synonymous with monopoly. Nigerians always suffering and smiling, and hailing their slavemasters. Una never see anything. Me, I bolted away over 3 decades ago. The recent Babangida event was the perfect opportunity to icenerate those thieves.
Your brothers closed schools for 5 weeks because of Ramadan and you didn't say anything about it.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by ADAMUdaCOWBOY: 10:33pm On Mar 19, 2025
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 of dangote.
It is simple what he said, the crude oil you sold me in naira, I sold the equivalent petroleum products to Nigerians in naira. The ones sold to me in dollars, I will sell in dollars the products. He went on to challenge you to verify from his account records which he proudly called "robust". Petrol will be cheaper if NNPCL sells to Dangote in naira but the just cancelled that. They are the saboteurs. They prefer importing the product even when ot is cheaper to buy the locally made one yet you attack Dangote because of his "monopoly". He is the only one that agreed to build a refinery of that magnitude here! Let him enjoy hos monopoly until someone else takes that risk! And for the record, Dangote is a producer and marketers are ordinary importers. Any goat can import but production requires great ingenuity, if you don't believe me, ask nnpc to tell you why they couldn't get our refineries working to capacity all these years.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Hemisphere: 11:16pm On Mar 19, 2025
Naira for Crude Supply program by Tinubu & NNPC thieves na SCAM . APC is sure of Propaganda
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by LordReed(m): 11:18pm On Mar 19, 2025
It is so sad we have visionless and gutless people ruling us. So very sad.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by CodeTemplarr: 12:58am On Mar 20, 2025
martinmiller:
Me and my father are bastards - i think i can just open my mouth to mis yearn, martinmiller will die untimely death as a fool - i will soon lose my life to chains and misfortune. E no go better for martinmiller.

I better cum for @***. I no send my papa - foolish old baatard, you are a wasted something basket
May thinda also locate yours along with you.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by coleon(m): 5:56am On Mar 20, 2025
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 of dangote.
This one is an ignorant Tinubu supporter that cannot even read yet got 97 likes from ignorant people like him. I have always said this forum is full of low iq people and that's why I've avoided it for a while.
Naira for crude sale has been suspended since march 2 by NNPC and that's what has caused Dangote to also stop Naira for petrol sales.
Intact this fact is stated in the public statement Dangote released which is what you are commenting on,but because you didn't read before commenting you are stating what is stalled yet you got 90 plus likes.
No wonder the country is like this , the leaders are stupid and the followers voting them are dumb.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by thesolutions(m): 6:15am On Mar 20, 2025
Lookmun:
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.
Because those that sells electronics and gadgets charge in dollars since they are imported in dollars. Does marketers that import fuel sell in dollars.
We expected the naira to gain value since dangote started exporting petroleum products but that has never happened because the dollar doesn't pass through the government but in dangotes coffers. How is that beneficial to the government.

Dangote is out to end Nigeria. Not to fix it.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Tempulated: 7:20am On Mar 20, 2025
Antwan99:
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.
grin grin grin

I Love This.
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Tempulated: 7:22am On Mar 20, 2025
coleon:
This one is an ignorant Tinubu supporter that cannot even read yet got 97 likes from ignorant people like him. I have always said this forum is full of low iq people and that's why I've avoided it for a while.


Naira for crude sale has been suspended since march 2 by NNPC and that's what has caused Dangote to also stop Naira for petrol sales.
Intact this fact is stated in the public statement Dangote released which is what you are commenting on,but because you didn't read before commenting you are stating what is stalled yet you got 90 plus likes.
No wonder the country is like this , the leaders are stupid and the followers voting them are dumb.
grin grin grin
Re: Dangote Refinery Suspends Sales Of Petroleum Products In Naira by Stranger83: 10:11am On Mar 20, 2025
this country needs really proper reform
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