Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid (6372 Views)
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by Johnn74: 9:57am On Apr 01, 2025 |
id4sho:Are you trying to say if crude oil barrel price appreciates to $100 as it should be, fuel would be 1500 to 1600naira in an oil producing nation? What is the Benefit of the oil we are producing self if we buying at same dollar prices range as non producing |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by SouthSouth1914: 9:58am On Apr 01, 2025 |
Circles |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by Samogloby: 9:59am On Apr 01, 2025 |
When Dangote refinery start work, fuel pump price will come down and dollar price coming down, this was APC miscreants propaganda then!. I warned people about T-pain |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by BucketHat(m): 10:00am On Apr 01, 2025 |
Why everyday nah so so stories left,right & centre enh! 1.No steady electricity 2.No pipe borne water 3.No low cost housing 4.No good road network 5.No standard hospitals 6.No rail network system across board 7.No standard school's 8.No mechanised farming 9.No security I nor believe seh at time & age Nigeria still far behind😢
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| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by id4sho(m): 10:01am On Apr 01, 2025 |
Johnn74:Yes, that is the meaning of subsidy is gone 👌💯 No emotions bro, it is what it is 🤷 |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by Cleanmouth: 10:12am On Apr 01, 2025 |
saudatu: ![]() |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by 2cribz: 10:30am On Apr 01, 2025 |
Value of both toks and used cars prices would soon jack up,to the point where golf 3 will be pegged at 8m. U go know say naija don end |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by westside365: 10:32am On Apr 01, 2025 |
ogododo:Is this poromotion or demotion? Chai It's balablu blue blue kolaba |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by jaxxy(m): 11:25am On Apr 01, 2025 |
Dangote isn't the problem it is NNPCL and these fuel importers who want to make profits rather than see Nigerians enjoy cheaper fuel prices from dangote. |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by crazygod(m): 11:39am On Apr 01, 2025 |
id4sho:What concern Nigeria with global oil price? That should be for International market. How can we be producing something and sell it in the country at international rate? It's like producing a can of soft drink and sell it at the same price it's been sold in US or UK. Why can't we sell crude in naira to domestic refineries? |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by surgical: 11:46am On Apr 01, 2025 |
hopedey:Honestly I don't know why Nigerians are just looking at this ugly toad messing up with their lives for this long,it makes absolute no sense still tolerating this slowpoke of a president, to what end,or do Nigerians think there will be a day their suffering will stop under this pharo if they continue to endure him, then they must be very dumb, because they are encouraging him to suffocate them more,due to their endurance |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by surgical: 11:52am On Apr 01, 2025 |
BucketHat:unfortunately the people at the receiving end prefares to dwell on ibos and yoruba, ethnicity that will not alleviate their conditions Since a yoruba man has been president, how has it impacted more positively on a yoruba man more than any other citizen |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by nairalanda1(m): 11:57am On Apr 01, 2025 |
Johnn74:USA is the world's largest oil producer yet oil is sold at high prices there. And yes Americans complain. Ghana too and Niger are oil producers yet petrol is expensive there Saudi can afford subsidies for oil because they have 40 million people living on ten million barrels of crude a day. That means they can afford any subsidy. Libya produces about the same as we do, and they have 8 million people. That is why they can afford subsides E cost money to refine oil and the honest truth is that a country like Nigeria that is earning from just less than 2 m barrels a day cannot heavily subsidize oil without getting into debt. Unless our population cuts to 3 million |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by LARRYOBRAIN(m): 12:06pm On Apr 01, 2025 |
Petrol price is reduced all over the world but in Nigeria, it is increasing. This conspiracy shall consume the perpetrators. |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by BABANGBALI: 1:51pm On Apr 01, 2025 |
Very good. I love this news. Make we use am scatter everything and shut the country down. Una never see anything. In Davido's voice dem go feel it. |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by Pawa100: 2:16pm On Apr 01, 2025 |
Useless Government 🤢 |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by nairalanda1(m): 2:53pm On Apr 01, 2025 |
Pawa100:So for the government to be useful, t-pain should announce that fuel is now N100 per liter, meaning we pay something like 900 Naira per liter in subsides, which are bound to rise, and which would leave a deficit in the budget which would have to be filled with.....more loans. Then you will come and cry about those loans. Yes, tinubu is taking loans, because his government is not serious about diversifying our economy....but subsides coming back would make the loan rate go higher than it is now. |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by AerialMapper: 3:26pm On Apr 01, 2025 |
In summary, 1. Dangotes production was threatening other players in the market. 2. His pricing model and marketing tactics was causing losses for the cabal and their cronies 3. NNPCL under the guise of preventing a monopoly continued the importation of products even though local production was sufficient. 4. To level the playing field for importers, the FG stopped selling crude in Naira to Dangote to force his prices upward to level the playing field for marketers of imported products who were wailing to the FG that prices was too low 5. The NNPCL continues importation to keep foreign refineries and blending plants belonging to top government officials in business. It also continues inportation to keep vessel owners and tank farm owners who are officials or cronies of officials in NNPCL happy! Subsidy was a scam and it continues... |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by Cheeryfeet: 6:23pm On Apr 01, 2025 |
saudatu:This clowns know what they are doing. If you notice any time a partial people are in the festivities or religious months, fuel and food prices crash but whenever christians enter their own season be it Easter or Christmas, prices skyrocketing beginning with fuel. Either they jack up the price or they hoard the product and cause scarcity |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by BucketHat(m): 6:25pm On Apr 01, 2025 |
surgical:Anoda thing weh deh hurt so badly for Nigeria enh,nah seh the idiots & tribesmen are the majority 😢😢😢😢 It's mind boggling ohhhhh |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by surgical: 8:04pm On Apr 01, 2025 |
BucketHat:That's really distressing, making seems no way out |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by press9jatv(m): 8:11pm On Apr 01, 2025 |
Why not now |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by femi4: 8:14pm On Apr 01, 2025 |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by Johnn74: 8:42pm On Apr 01, 2025 |
nairalanda1:Is minimum wage in the USA and the Saudi 30 k naira ? Less than $20🙄 |
| Re: Dangote Refinery: Why Fuel Price May Hit Above N1,000 Per Litre – PETROAN Presid by BucketHat(m): 1:03am On Apr 02, 2025 |
surgical:Like this enh,I don tire for naija matter oh because the majority prefer their oppressors😡 |
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