₦airaland Forum

Ok

PDPdestroyer:
These guys are helping keep Dangote's exploitative tendencies in check.

I totally agree, but the question is for how long?

PressMyButton:
I'm loving this, since President Tinubu opened up the oil sector, it has become a chess game, a price war, call it anything. Remember that Dangote had said on several occasions he has enough fuel to go round, therefore, there's no need for markerters importing fuel. From the article above, you will see where Dangote exported 44,000 tonnes of diesel, very sure he also exported petrol and other products as well. Meanwhile, as that was happening, the marketers ignored Dangote to go import their own petrol into the country. For me, I am neither here nor there, I don't want market monopoly, at the same time, I do not want marketers boycotting local refineries to patronize foreign refineries, I do not also want too much pressure on the dollar for fuel Importation. So, I am caught in between.
However, Dangote is a Don, from what I am observing here, he's a badass capitalist that knows his way around the market. He has warned the importers that he has enough to go round but the marketers insisted they will only buy from where it is cheaper as the market is now a free market. Dangote would then wait for them to go place an order abroad and when their petrol is on the sea, Dangote reduces his own price below the landing cost. By the time, the marketers received their products, they are left with no choice than sell it at Dangote's price. They dare not sell above the price of Dangote. With that, the marketers run into losses.
I heard them crying two months ago that the price crashes made them incur losses when Dangote again crashed the price after FG renewed the naira for crude deal. My observation so far is that Dangote is still controlling the market price and whenever the marketers decided to buy from abroad, he reduces his own price to punish them.

Trash. Tinubu didnt open up any oil sector. PIB was on ground. Dangote had been struggling to go live and only coincided with Tinubu term. Stop rationalizing a journey of 10 years as Tinubu's effort. The desperation stinks.

TimeManager:
So it is Tinubu that released $2b for rehabilitation in 2019?. May God heal your soul.

And also remember to give Tinubu credit when all the refineries including the news ones start functioning very soon.

-Kiss the truth!

If ebilokan has not given them any money for him to steal while claiming to repair the refineries then why is he borrowing more money despite removing subsidies and devaluing the naira plus tax increase?

Any logic to this illogical scenario

Agbegbaorogboye:
APC is a very corrupt party
How can you have 3 refineries and your marketers are still importing fuel every month as if it is about the end
Why can't Dangote be given enough crude to refine for both local capacity and export
Now if Dangote a private player is being starved of crude, one can imagine what is going on with the NNPC refineries
Las las OBJ was right. Those refineries will never work

cement that dangotee is producing with free limestone in Nigeria is costlier than wat he sells to neighbouring countries..dangotee is d problem here

How much are the marketers selling?

Let the competition be more intense for the good of motoring and consuming public.

osazsky:
cement that dangotee is producing with free limestone in Nigeria is costlier than wat he sells to neighbouring countries..dangotee is d problem here

is dangote the only producer of cement?

Shame of a nation!

We have Four refineries and still importing fuel. Those responsible for this calamity should be brought to books. No,we can't allow this show of shame to fester on.

Bayo Onanuga who certified the PH refinery working and producing for optimum capacity should be questioned about this show of shame. Mele Kyari,ex GMD NNPCL who was vocal the refineries were working fine and producing at full capacity should be arrested for fraud and deceits.

Nigeria can't make it with deceits in the system where industrial players entrusted with managing her affairs collude to steal.

The new management of NNPCL should overturn the sleaze plaguing the oil industry.
If they fail,we shall have no place to bury our sorrows 😭

Shame of a nation!

We have Four refineries and still importing fuel. Those responsible for this calamity should be brought to books. No,we can't allow this show of shame to fester on.

Bayo Onanuga who certified the PH refinery working and producing at optimum capacity should be questioned about this show of shame. Mele Kyari,ex GMD NNPCL who was vocal the refineries were working fine and producing at full capacity should be arrested for fraud and deceits.

Nigeria can't make it with deceits in the system where industrial players entrusted with managing her affairs collude to steal.

The new management of NNPCL should overturn the sleaze plaguing the oil industry.
If they fail,we shall have no place to bury our sorrows 😭

PressMyButton:
I'm loving this, since President Tinubu opened up the oil sector, it has become a chess game, a price war, call it anything. Remember that Dangote had said on several occasions he has enough fuel to go round, therefore, there's no need for markerters importing fuel. From the article above, you will see where Dangote exported 44,000 tonnes of diesel, very sure he also exported petrol and other products as well. Meanwhile, as that was happening, the marketers ignored Dangote to go import their own petrol into the country. For me, I am neither here nor there, I don't want market monopoly, at the same time, I do not want marketers boycotting local refineries to patronize foreign refineries, I do not also want too much pressure on the dollar for fuel Importation. So, I am caught in between.
However, Dangote is a Don, from what I am observing here, he's a badass capitalist that knows his way around the market. He has warned the importers that he has enough to go round but the marketers insisted they will only buy from where it is cheaper as the market is now a free market. Dangote would then wait for them to go place an order abroad and when their petrol is on the sea, Dangote reduces his own price below the landing cost. By the time, the marketers received their products, they are left with no choice than sell it at Dangote's price. They dare not sell above the price of Dangote. With that, the marketers run into losses.
I heard them crying two months ago that the price crashes made them incur losses when Dangote again crashed the price after FG renewed the naira for crude deal. My observation so far is that Dangote is still controlling the market price and whenever the marketers decided to buy from abroad, he reduces his own price to punish them.

Is petrol now back to 165 naira?

Yeye APC nuisance!

Agbegbaorogboye:
APC is a very corrupt party
How can you have 3 refineries and your marketers are still importing fuel every month as if it is about the end
Why can't Dangote be given enough crude to refine for both local capacity and export
Now if Dangote a private player is being starved of crude, one can imagine what is going on with the NNPC refineries
Las las OBJ was right. Those refineries will never work

Only God can save us in this country. The more you look the less you see

Why are they not buy from Dangote?Nigerian are the real problems of Nigeria.

One thing i don't understand, who is giving them license to import, when we now have functional refineries in the country

But the guy is right na. I thought government said they want to be using the subsidy money for more productivity!

Lanretoye:
keep embarrassing your self,you tought you were making sense but sense started making you.

But the maketers are still helping to check-mate dangote, because dangote with monopoly can still increase it to that same 1500!

Eriokanmi:
Don't mind them..Tinubu is a grand master of propaganda and lies. Only dangote is their husband right now. Marketers would have done us shege pro max. By now, petrol would have hit 1,500.

Where are the refineries ? . Ati blending facility oo, ati real refineries oo, nothing is being heard, same way Tinubu deceived many that he's the architect of modern lagos and gullible Nigerians fell for it, but Nigeria became 4th largest economy in africa under his watch.

Where are those drooling over phc refineries-turn blending facility months back ? Nigerians are the easiest people to deceive on earth. Imagine, they turned dangote their enemy instead of thanking him for saving them from modern slave masters

What do you mean by farm tanks pls?

TimeManager:
They have refineries abroad, they won't allow it die easily. Their farm tanks in the country are almost 80% redundant.. It's struggle for survival.


-Kiss the truth!

we need to sell the other three other refineries to BUA and fellow competitors.

PressMyButton:
I'm loving this, since President Tinubu opened up the oil sector, it has become a chess game, a price war, call it anything. Remember that Dangote had said on several occasions he has enough fuel to go round, therefore, there's no need for markerters importing fuel. From the article above, you will see where Dangote exported 44,000 tonnes of diesel, very sure he also exported petrol and other products as well. Meanwhile, as that was happening, the marketers ignored Dangote to go import their own petrol into the country. For me, I am neither here nor there, I don't want market monopoly, at the same time, I do not want marketers boycotting local refineries to patronize foreign refineries, I do not also want too much pressure on the dollar for fuel Importation. So, I am caught in between.
However, Dangote is a Don, from what I am observing here, he's a badass capitalist that knows his way around the market. He has warned the importers that he has enough to go round but the marketers insisted they will only buy from where it is cheaper as the market is now a free market. Dangote would then wait for them to go place an order abroad and when their petrol is on the sea, Dangote reduces his own price below the landing cost. By the time, the marketers received their products, they are left with no choice than sell it at Dangote's price. They dare not sell above the price of Dangote. With that, the marketers run into losses.
I heard them crying two months ago that the price crashes made them incur losses when Dangote again crashed the price after FG renewed the naira for crude deal. My observation so far is that Dangote is still controlling the market price and whenever the marketers decided to buy from abroad, he reduces his own price to punish them.

chai see person with brain fart 🤣🤣🤣

Love800:
But the maketers are still helping to check-mate dangote, because dangote with monopoly can still increase it to that same 1500!

Rather it's dangote who's checkmating them by constantly reducing price. Last year August, he wanted to flood the market by selling at 500 naira but nnpc hijacked it. Don't be among those stooges

Babangidapikin:
Nigeria we hail thee ... I even saw Chinese technicians servicing some fuel dispenser in Ibadan in one of the aforementioned importer .... But I won't mention name sha because when things go south na her price and Guage dey always dey okay... In as much I consider Alhaji a friend, he should understand one day other refinery will come up too, although I understand he is not allow to enjoy his fruit as a first explorer but if look at it, it's NNPCL that are the first explorer. He should not be discourage , every business has it's risk ... even the smallest, everyone's prayers is the odds should favor us. That said DPR should ensure they limit importation, you just creating jobs for other people, and you won't allow Nigeria Banks have strong footing.

Everyone knows the only Ibadan based importer is BOVAS.
The problem is many people are expecting Capitalists to suddenly overnight become charity organizations which is not possible....

Dangote and the Marketers should never align. It will be disastrous for the masses. Nigerians need both to be at loggerhead to reshape the oil sector. Ati Dangote, ati Marketers. They both don't have the interest of the masses at heart.

Difrent:
Everyone knows the only Ibadan based importer is BOVAS.
The problem is many people are expecting Capitalists to suddenly overnight become charity organizations which is not possible....

No one is asking for charity neither did I mention charity ...But your assertion is right ..why wasn't I there when they were sharing the national cake by State. Nigeria and it's complexity... Everybody must Bellewise.

Eriokanmi:
Don't mind them..Tinubu is a grand master of propaganda and lies. Only dangote is their husband right now. Marketers would have done us shege pro max. By now, petrol would have hit 1,500.

Where are the refineries ? . Ati blending facility oo, ati real refineries oo, nothing is being heard, same way Tinubu deceived many that he's the architect of modern lagos and gullible Nigerians fell for it, but Nigeria became 4th largest economy in africa under his watch.

Where are those drooling over phc refineries-turn blending facility months back ? Nigerians are the easiest people to deceive on earth. Imagine, they turned dangote their enemy instead of thanking him for saving them from modern slave masters

When they made those videos of control room activities I told them it was a lie, all of them here started abusing me

Their brains are filled with paper-mache

Meanwhile the reason NNPC and this APC administration are busy fighting and sabotaging Dangote (he has told them he has capacity to refine 100% crude earmarked for local consumption) is because it makes it harder for them to steal once they start doing that.

PressMyButton:
I'm loving this, since President Tinubu opened up the oil sector, it has become a chess game, a price war, call it anything. Remember that Dangote had said on several occasions he has enough fuel to go round, therefore, there's no need for markerters importing fuel. From the article above, you will see where Dangote exported 44,000 tonnes of diesel, very sure he also exported petrol and other products as well. Meanwhile, as that was happening, the marketers ignored Dangote to go import their own petrol into the country. For me, I am neither here nor there, I don't want market monopoly, at the same time, I do not want marketers boycotting local refineries to patronize foreign refineries, I do not also want too much pressure on the dollar for fuel Importation. So, I am caught in between.
However, Dangote is a Don, from what I am observing here, he's a badass capitalist that knows his way around the market. He has warned the importers that he has enough to go round but the marketers insisted they will only buy from where it is cheaper as the market is now a free market. Dangote would then wait for them to go place an order abroad and when their petrol is on the sea, Dangote reduces his own price below the landing cost. By the time, the marketers received their products, they are left with no choice than sell it at Dangote's price. They dare not sell above the price of Dangote. With that, the marketers run into losses.
I heard them crying two months ago that the price crashes made them incur losses when Dangote again crashed the price after FG renewed the naira for crude deal. My observation so far is that Dangote is still controlling the market price and whenever the marketers decided to buy from abroad, he reduces his own price to punish them.

very apt analysis.

Tinubu is a very wery weak leader. He's only tough on policies that involves the oppositions. If you pay keen attention to the manipulation of tinubu, ahsweh you can beat him hands down. No wonder he's extremely careful with Peter Obi and Rotimi Amaechi.

They remove #10 every two weeks and shout breaking new! Price slash

Now I support dangote price war..set the price at 650 and waste their investment..let them sell at a loss..you either refine or go out of business..

Even at 820/liters, the marketers still imports. Doesn’t that tells us that marketers have been importing these product for far less than Dangote price and selling for massive amount ? Very corrupt sets of people.

Eriokanmi:
Don't mind them..Tinubu is a grand master of propaganda and lies. Only dangote is their husband right now. Marketers would have done us shege pro max. By now, petrol would have hit 1,500.

Where are the refineries ? . Ati blending facility oo, ati real refineries oo, nothing is being heard, same way Tinubu deceived many that he's the architect of modern lagos and gullible Nigerians fell for it, but Nigeria became 4th largest economy in africa under his watch, from first position.

Where are those drooling over phc refineries-turn blending facility months back ? Nigerians are the easiest people to deceive on earth. Imagine, they turned dangote their enemy instead of thanking him for saving them from modern slave masters

Who awarded the public refineries TAM?

Agbegbaorogboye:
APC is a very corrupt party
How can you have 3 refineries and your marketers are still importing fuel every month as if it is about the end
Why can't Dangote be given enough crude to refine for both local capacity and export
Now if Dangote a private player is being starved of crude, one can imagine what is going on with the NNPC refineries
Las las OBJ was right. Those refineries will never work

When you are ignorant about something, you mind how you make your contribution so that everyone around will not detect the depth of your ignorance the moment you open your mouth. The government owned refineries and Dangote refinery, put together when operating at full capacity can all produced just about a million litres of fuel per day while the Nigerian daily fuel consumption is currently put at about 4.5m per day, so please tell us where you expect the government to get about 3.5m litre from on daily basis without giving room to importation? You allow your hatred for the incumbent president to strip you of your ability to think straight and boom you are praising OBJ for playing down on the effort of a president that is just about 2years in office. OBJ that you should have ask to tell the people what prevent him from reviving the refineries during his 8 good years in office as a president.

booz:
Don't be surprised the marketers are fighting for the masses. Knowing what Dangote did with cement (now sold for 11k/bag), such evil shouldn't befall PMS, which is a key driver of the Nigerian economy. If those marketers unanimously decide to join hands with Dangote, the latter would wreck the economy, such that everyone would rather ride a bicycle than burn fuel.

Marketers fighting for the masses? When did this start?