₦airaland Forum

Fuckyoumod:
Nigerians are very gullible people.
You have the crude, you have the refineries why on earth should you buy fuel above 500 naira?
If not for corruption and docile Nigerians and their inability to hold political leaders to accountability. See them, celebrating fuel above 800 naira.
Shame on all of you!

You said 500. That's less than $1.

Did you think about:
Cost of extracting crude
Cost of refining
Cost of transporting
Admin cost etc

Before you submitted your assumption ?

Fuckyoumod:
Nigerians are very gullible people.

You have the crude, you have the refineries why on earth should you buy fuel above 500 naira?

If not for corruption and docile Nigerians and their inability to hold political leaders to accountability.
See them, celebrating fuel above 800 naira.

Shame on all of you!

we cannot do that unless we fix our borders otherwise, everyone will become a smuggler.

b0rn2fuck:
And price still never fall below #800..

I just dey wonder, they have been slashing since and it's still below 800

yyba:
If not for dangote, the marketers could have claims it's not possible to sell Petrol below #1000 . Thank you dangote

Na this same Dan go kpai Nigerians last last. Think of ibeto cement.

Monopoly playing out gradually

Keep slashing please! God bless you as you do so.

yyba:
If not for dangote, the marketers could have claims it's not possible to sell Petrol below #1000 . Thank you dangote

No, it would have been between #1500 and #2000

yyba:
If not for dangote, the marketers could have claims it's not possible to sell Petrol below #1000 . Thank you dangote

No, it would have been between #1500 and #2000, if not for Dangote

Great
Let the battle continue please!

datola:
These slashing by 10kobo is deceptive

If you have a fleet of vehicles, it makes a lot of difference.

That means it was possible to bring the price of petrol down before but they chose not to

Reduce to #400 and stop claiming Slash of 5 naira.

MrDoGood:
Na this same Dan go kpai Nigerians last last. Think of ibeto cement.

Monopoly playing out gradually

Ibeto refused to evolve. He was behaving like Peter Obi, importing and rebagging without manufacturing locally.

MEGA4BILLION:
Dangote is giving them a sleepless night.
Let the slash continue until iI falls below N500.

Dangote is not giving anybody sleepless night rather they are making dangote restless. That's why dangote is shouting up and down. What is bringing loggerheads between dangote and marketers are the policies framework instituted in the PIA by the government.

yyba:
If not for dangote, the marketers could have claims it's not possible to sell Petrol below #1000 . Thank you dangote

you love your chains

Tinubu is a wizard! With subsidy is gone, we now have petrol in abundance! No more scarcity. No more l9ng queues. No more sleeping at tge filling station to buy only 10 liters of produce. No more humongous subsidy fraud or cabal.

Petrol price in Benin Republic N1,500

Petrol price in Ghana N1,500

Petrol price on Nigeria N875

And it is available booku.......

After God, na Tinubu.

seunowa:
It has nothing to do with both dangote and the marketers but because of the regulatory framework of the government has introduced into the oil and sector to usher in free market system. Market forces are doing wonderful work here, putting everyone on their toes.

Oga government mouth piece rest...
This is clearly the case of market forces playing out n not any government policy

seunowa:
It has nothing to do with both dangote and the marketers but because of the regulatory framework of the government has introduced into the oil and sector to usher in free market system. Market forces are doing wonderful work here, putting everyone on their toes.

Hahahah... Extended tenure of BMC?



Joker!

Nigeira will never appreciate Tinubu now until he left After God Na Government Tinubu i hail oo

Once fracking resumes in the u.s prices of crude oil will nosedive and fuel prices will drop. It is good dangote is putting em on their toes.

Importing West Texas crude oil is a very strategic business and political move. Dangote industries is playing world class chess.

Thank God for competition. The consumer wins!

Kudos to Tinubu.

pasol4real:
Oga government mouth piece rest...
This is clearly the case of market forces playing out n not any government policy

If Tinubu did not remove subsidy, will this ever happen?

Fuckyoumod:
Nigerians are very gullible people.

You have the crude, you have the refineries why on earth should you buy fuel above 500 naira?

If not for corruption and docile Nigerians and their inability to hold political leaders to accountability.
See them, celebrating fuel above 800 naira.

Shame on all of you!

What's stopping you from leading from?? Abii na only for Internet you get mouth?
Any small thing, Nigerians can't hold leaders accountable

seunowa:
It has nothing to do with both dangote and the marketers but because of the regulatory framework of the government has introduced into the oil and sector to usher in free market system. Market forces are doing wonderful work here, putting everyone on their toes.

What are you saying... How do you separate Dangote and the marketers from market forces? Are you sure you yourself understand what you wrote up there?

yyba:
If not for dangote, the marketers could have claims it's not possible to sell Petrol below #1000 . Thank you dangote

They were projecting to sell it around 1500 by now if not because of Dangote

pasol4real:
Oga government mouth piece rest...
This is clearly the case of market forces playing out n not any government policy

You too don't understand what you yourself just said. My good man, without the Petroleum Industry Act, would market forces have free room for expression? Talking in the nonsense.

yyba:
If not for dangote, the marketers could have claims it's not possible to sell Petrol below #1000 . Thank you dangote

That was how mtn wanted to colonise all of us then.

Putindbutt:
https://www.legit.ng/business-economy/money/1658224-depot-owners-slash-fuel-cost-dangote-rate-nnpc-announces-pump-price/

The price war has begun.
I thought that the independent marketers say price can not go below N1000

Fuckyoumod:
Nigerians are very gullible people.

You have the crude, you have the refineries why on earth should you buy fuel above 500 naira?

If not for corruption and docile Nigerians and their inability to hold political leaders to accountability.
See them, celebrating fuel above 800 naira.

Shame on all of you!

Try and buy books in economics and understand how the pricing and costing system works

Fuckyoumod:
Nigerians are very gullible people.

You have the crude, you have the refineries why on earth should you buy fuel above 500 naira?

If not for corruption and docile Nigerians and their inability to hold political leaders to accountability.
See them, celebrating fuel above 800 naira.

Shame on all of you!

USA and SA also have crude but they are selling above 500 naira