₦airaland Forum

But I thought Oshogbo and Ogbomoso refineries are working together with Kaduna and Port Harcourt refineries?

Does it mean the Federal Government doesn't know about this achievements to allow IPMAN be talking this or allow Dangote reduce price anyhow

Please how many barrels of oil did Port Harcourt Refinery and Oshogbo r finery produced today???

Nigerians wants affordable fuel. Stop speaking gibberish.

Olachase:
he go surprise you say once all those marketers submit to Dangote, and stop importing

Dangote can increase the price to ₦3000 per litre

Don't trust That man we shouldn't forgot cement scenario in an hurry 😏

The moment Dangote increases price abnormally, importers will flood the market with cheaper fuel. Therefore, free market economics will always ensure that the price is fair and the crap you posted can’t happen

Skyjones7:
Keep dropping the price till 87 naira

your guy will do that when he brings back fuel subsidy

Image123:
Lol, all the decades that IPMAN took control of the buying and distribution of petroleum products in Nigeria, they never reduced price by 1 naira. They should keep quiet and go and line up abeg.

Abi. Are they not the same people who were collecting subsidies yet tormenting us back then?
They should adjust accordingly.

dele1727:
Dangote gaining control is dangerous
Once he gains control and pushes everybody else out of business...

He is going to start dealing with the buyers

IPMAN official spotted

Image123:
Lol, all the decades that IPMAN took control of the buying and distribution of petroleum products in Nigeria, they never reduced price by 1 naira. They should keep quiet and go and line up abeg.

And they never thought for once to build their own modular refineries at whatever capacity even if it is 20,000 Barrels per day in the 7 coastal states for easy access to the crude oil and thereafter distribute to other parts of the nation

They were only interested in milking Nigerians dead.

Now a visionary and an innovator has taught them a lesson and they are crying all over the place.

Most private depots are bleeding seriously, and if care isn't taking they will fold up and people will loose thier jobs. Dangote having loading gantry was the deal breaker. Most northerns will rather load from Dangote than other depot. I thought dangote would just refine and sell to depots but having its own loading gantry just killed most depots. It's those modular refineries I pity most. They dead.

9jatriot:
Can't this IPMAN consider building their own refinery if they do not like Dangotte? Must they import?

God will bless you for this comment! I hate it when people keep complaining without making the move to challenge the status quo.

IPMAN should build their own refineries and crash the prices beyond what Dangote is offering.

Sitting in one place to make the kind of complain you weren't making when the whole thing was favoring you will not change anything!

Even the Dangote fuel is still overpriced and we all know but for now, it's the only refinery we have and we are bound to buy at whatever price he offers.

Peace!

dele1727:
Dangote gaining control is dangerous
Once he gains control and pushes everybody else out of business...

He is going to start dealing with the buyers

You may not be far from the truth, what is happening in the cement business is an eye opener. I hope government will not allow him to go that way. But I like what he is doing now on this fuel issue.

IPMAN should go and build their own refinery. They were importing petrol into Nigeria, thereby creating job for citizens of other countries. Petrol importation is also mounting pressure on Naira. I thought they were importing to make the price to be cheap for Nigerian masses? Why then are they complaining when Dangote is doing exactly what they wanted? Bunch of hypocrites.

Oga thats the idea of goverment hands off policy.


Go and fight if you are a true business MAN

May the best man win.

I don't understand since two week I have been busy feul in Benin city here for 895 and 900 at different fuel stations this are even small station which reduction are they talking abt

IPMAN should go and sit down abeg. they have never reduced fuel price, they enjoyed subsidy money, they deliberately hoard fuel so that masses will suffer. now they are crying foul

dele1727:
Dangote gaining control is dangerous
Once he gains control and pushes everybody else out of business...

He is going to start dealing with the buyers

Not really. If Dangote raise prices then it becomes economical viable to import then the petrol importers who are actually selfish and unpatriotic will seize the chance.

Akinola2543:
They should continue the price war till petrol gets down to less than #500.

God bless Nigeria 🇳🇬.

impossicant

Honestly,I don't tire.
Reductions in 100s of Naira is the expected reduction,not all these "tashere tashere" kobo kobo reduction.
I beggy!!!

Adebaba1:
IPMAN should go and sit down abeg. they have never reduced fuel price, they enjoyed subsidy money, they deliberately hoard fuel so that masses will suffer. now they are crying foul

Are you minding them?

IPMAN, una go explain tire

chidiokay:
I think the so called Marketers need to be checked into a psychiatric centre

Business distribution is all about sourcing for lowest price, From all indications importation is unfavourable for now, why are the Marketers so hell bent on avoiding Dangote whose Price is best option for now

The Monopoly arguement makes no logical sense, Dangote and Marketers are not on the same pedestral, dangote as a producer dictate price while marketer are subject of Price dictation from where ever source

Only a producers or refinery can go into a Price war with Dangote ... not yeye distributor

someone with brain ..

Islie:
https://dailypost.ng/2025/05/22/real-reason-for-dangote-refinerys-fresh-fuel-price-drop-ipman/

Then close shop already if u cant compete.

Guestmale:
You may not be far from the truth, what is happening in the cement business is an eye opener. I hope government will not allow him to go that way. But I like what he is doing now on this fuel issue.

Wen it comes to petrol business ....no one can be pushed out.Marketers should quit if they giv cheaper petrol.

Image123:
Lol, all the decades that IPMAN took control of the buying and distribution of petroleum products in Nigeria, they never reduced price by 1 naira. They should keep quiet and go and line up abeg.

Every time there's a slight decrease in price of petrol those greedy barawos would come out and start reciting different chapters of lamentations.

Imagine the negative mindset towards price reduction. Price was reduced and IPMAN are saying marketers will loss 15- 20 naira. These prices were reduced because of certain factors and not just like that. Wicked people too full nigeria abeg

dele1727:
Dangote gaining control is dangerous
Once he gains control and pushes everybody else out of business...

He is going to start dealing with the buyers

This is the truth behind the price war.....

The most unfortunate issue here is, the insincerity of the people that are saddled with the responsibility of revamping the moribund Nigerian refineries who sold their conscience for thirty pieces of silver to keep it in a perpetual state comatose.

victorDanladi:
Dangote wil not happy with what is happening in downstream sector.

His expectation while building the refinery was that he would be made the sole supplier of fuel to the country.


He was able to be licensed to build the refinery because the upstream sector was deregulated and decentralized but he doesn't want the same for the downstream sector so as to enjoy monopoly and exploit Nigerians

That was the reason why he was spreading this adulterated fuel importation propaganda when he just commissioned his refinery.


We Nigerians are for LOW PRICE...Not for IPMAN and not NNPC and not for DANGOTE...No Nigerian will fight dangote fight for him

All this na English. Wetin stop IPMAN from having a refinery that's near completion by now? Dangote has invested in building his refinery...and has employed Nigerians in the process. How many people get employed in importation of products we can produce? As far as am concerned IPMAN is not a competitivor to Dangote. They are just a pressure group. The only way they can be seen to be in competition with Dangote is when they build a refinery that can really compete with Dangote's. That is what you call competition. Not by buying a product from Dangote's competitors abroad and adding a markup to make profit. IPMAN is just what it is.. a union of MARKETERS.

Islie:
https://dailypost.ng/2025/05/22/real-reason-for-dangote-refinerys-fresh-fuel-price-drop-ipman/

It's clear that petrol can go down

I don't understand. We're already buying fuel at #869 in my area.

Akinola2543:
They should continue the price war till petrol gets down to less than #500.

God bless Nigeria 🇳🇬.

This may be very difficult if tinubu is still president