₦airaland Forum

kokoA:
with 80 billion naira account balance.

DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.

Originalsly:
How much were you expecting it to drop to? ....and why? Crude price dropped and he dropped the price ... you're not contented ...he should've dropped it a lot more. How about the price of transport fares?... did they even drop?...or dropped to your expectation?

Dangote .... *monopoly " ... I'm not seeing this word following his name again.

treesun:
https://www.vanguardngr.com/2025/05/breaking-dangote-refinery-slashes-petrol-gantry-price-to-n825-per-litre/

carzeem1:
Emiefile starved the economy of dollars to make sure Dangote supply wasn't affected at federal government subsided rate
Refinery complete, Baba says he is only selling a prevailing international market rate.

No agreement was signed with him when he was using our commonwealth to build his own empire

DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.

Amayanabo01:
and they have managers.

EPIJOE:
Dangote sef no dey do well. With naira for crude deal still fuel price is still high. N wa o. #700 or #750 / liters on the average still sounds better.

We run a crude oil economy where fuel prices determines reduction in product and services.

Amayanabo01:
and they have managers.

Amayanabo01:
and they have managers.

DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.

Menclothing1:
The reason why I love this is that when Buhari sold imported petrol for 400 the 1 lit can’t do what dangote 900 is doing
The colour less petrol makes engine operation better and oil is lasting

treesun:
https://www.vanguardngr.com/2025/05/breaking-dangote-refinery-slashes-petrol-gantry-price-to-n825-per-litre/

DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.

DeLaRue:
Given that the price of crude oil has been averaging around $65 or less per barrel for nearly a month, I would have expected petrol price to fall significantly more than it has done.

If petrol price can't go to around N750 when crude oil price has fallen so much, that's a bad sign.

It means petrol price in this country will probably not fall to N700 for several years to come.

tollyboy5:
NNPC that should be competing with Dangote are deceiving themselves.
Dangote is reducing price due to import. Had it been there's no importation then we're doomed.
If heads do not roll in NNPC for accountability of our non working refinery despite the huge amount of money spent. Then this government is not what we needed

yarimo:
This is very commendable from dangote, meanwhile the bitter ones will soon invade this thread with unpatriotic comment

Stayingalive:
Dangote is a private entity. Speaking for or against it isn’t patriotism in the practical sense.