₦airaland Forum

GeneralDae:
Dangote produces LPG. He is the second largest player in Nigeria after NLNG.

2,000 Tonnes compared to 1,000,000 Tonnes from LNLG?

Why would 2,000 Tonnes( Dangote Present output most probably from fumes of Crude Refined, though I stand to be corrected) be a Threat to 1m Tonnes Customers?

OlujobaSamuel:
Dangote isn't getting anything from NLNG, he is producing 22000tonnes per day which is sufficient to disrupt the market.
LPG is a waste product, majority of the cost comes from logistics, so it's easy for Dangote to bring down cost as he needs little to no capital investment for production beyond storage.
Our annual consumption is about a million plus.
With 22k tonnes daily, he will be producing about 800k tonnes.
NLNG isn't selling its whole production to the Nigerian market, only a percentage of it is allocated to the Nigerian market, which is about 400k tonnes per year, the rest is exported.
Dangote production is likely to increase with time, and with lower prices, Nigeria consumption is likely to go beyond 1m plus to 3 to 5m tonnes per year

Thank you for this.

For how long will competitors be stupid and greedy?


Why not go 3 steps ahead of dangote and crash the prices too and get more consumers to ur side?

adenigga:
Source: https://punchng.com/Marketers-protest-as-Dangote-moves-to-crash-cooking-gas-price

The comments of the chairman of that whatever association doesn't make sense a bit. Someone has the capacity to sell his products cheaper and you're complaining about monopoly? Wetin Dangote gain if you're still sharing the market with him, especially when he can deliver with lower price? Oga, better go review your business strategies, or go into another business if you can't withstand competition.

Neris:
Are you okay at all? Just because of the gains of a few persons....

ezra1990:
So the common man should continue to buy at a high figure so that the intermediaries can continue amassing profits for themselves? Bros them take suffering swear for us?

olaremint:
By their name u shall know them, they claimed Tinubu brought hardship but now they are against reducing gas prices and also fuel prices

I simply mean they could launch character assassination against him as they successfully did with Gates

adenigga:
Source: https://punchng.com/Marketers-protest-as-Dangote-moves-to-crash-cooking-gas-price

These guys are crazy! In as much as I dont like some of Dangote's tendencies I cannot overlook the unusual greed we have in nigeria and the pockets of cabals in different sectors . If we can buy it cheaper why are the marketers not selling cheaper ? They form cabals and call themselves "marketers" ! Feeding large and crying crocodile tears when a bigger monopoly wants to spoil their greed.

FreeIgboho:
Well, see another screenshot below. Despite this they still managed to convince people Bill Gates is the devil and in philanthropy to make money!
Same thing could happen to Dangote - that's what I mean

You don't get the key consideration here. Dangote is no philanthropist. He is a businessman who wants to make money by undercutting others in the market price-wise.

If others too then respond by slashing prices, who win? The buyers i.e Nigerians. That is what free market economies do. Stimulate healthy competition, innovation and constant availability of goods and services.

Since removal of subsidy, with the local Dangote refinery now functional, when have you experienced fuel scarcity that used to be the norm in the past when Marketers world hoard fuel and engage in cartel blackmail of Nigeria?

When BUA refinery and others come on-board soon, it will be game over for marketers and that would be fantastic for Nigerians for many reasons.

COMPAQ:
I think the 22k tonnes was an error. Its most likely 2k tonnes. If it were 22k, then his annual production would be 8million tonnnes, which is 6 time more than our purported 1.3million tonnes consumption annualy.

Apologies, got my calculations wrong.
However, the 22k might not be an error, due to the capacity of the refinery, although I don't know much about gas production to know what the amount of gas waste the refinery can generate

Taich:
This headline has many hidden meanings. Like Dangote or hate him, the masses are the ones being played here. Dangote came into the Cementing sector, we all other players were pushed out. We know how the price of cement went. Dangote business model is market disruption at errant, then monopoly and finally the masses pay massively for the only supplier.

I have people thinking my statement lacked facts, Dangote and Ibeto has been in and out of court over cement, Dangote and BUA has issues over sugar. Dangote cement is one of the priciest in the market. These are facts, Dangote business model end game is monopoly.

exactly and a wicked monopoly at that, where everybody looses except him and the government, there is nothing to be excited about him ,except you just became aware of him today

Surely he will have to sell LPG gas from the refinery.
It can't be stored indefinitely.

chidiokay:
careful about what, assasination or they will stop borrowing him money

A livelihood that makes life difficult n hard for the people that one naa livelihood, Dangote is not Father xmas so whatever price he crashes the price to reflects the market reality

Dangote and Matketers are not in the same class, he is a " Producer" he has more legit influence on price than those rogues called marketers exploiting

You've said it all.
This country just needs to encourage mass production of goods and services, how can importers hold this country hostage and pass the blames to the government?.
It will always be cheaper from the producer, let these wailing mofos sit down and have good business talk with Dangote, they should enlist as distributors to Dangote and stop polluting our airspace with noise.

In my personal opinion, I classify this comment as "POLITICAL" crash the price. Which one is Dangote wants to crash the price of LPG. Bro crash it. You don't need to notify or seek validation from the general public first. QED.

parags:
These guys are crazy! In as much as I dont like some of Dangote's tendencies I cannot overlook the unusual greed we have in nigeria and the pockets of cabals in different sectors . If we can buy it cheaper why are the marketers not selling cheaper ? They form cabals and call themselves "marketers" ! Feeding large and crying crocodile tears when a bigger monopoly wants to spoil their greed.

Precisely. The bolded encapsulates the big picture more or less. The so-called marketers want the retention of the condition that make it easy for them to blackmail and extort Nigerians.

Whereas those who mean well for Nigeria will understand it is a free market economy we must embrace as an overarching approach to solving most problems facing Nigeria because nationally-backed subsidies are a thing of the past in most developed nations of the world.

It is same with full deregulation of te Nigerian power sector. Serious States can partner with competent private sector companies to gain constant power which will improve socio-economic fortune of the States who take advantage of the deregulated power sector.

Of course end users must pay more for power so that the private sector partner ,who most likely invested majority of the finance and carried out the technical work, claw back their capital and gain ROI i.e return on Investment.

The caveat remaining that States who cannot engage in that manner, or do not wish to, can stay in darkness and stagnation. As simple as that.

This is the time to get rid of all subsidy-reliant vestiges of redundant and indolent communism , we practiced for decades, to embrace a free market economy that will drive healthy competition, greater investment in research and innovation, better local solutions provision, socio-economic growth, sustainable development, greater manufacturing etc, etc.

Nigeria and Nigerians will get richer and happier that way with many lifted out of generational poverty permanently .

Fuckyoumod:
what happened to cement, why is he not bordered about cement prices?

Let him start with cement so Nigerians can afford it.

How many bags of cement do common man buy in a month?.
Cooking gas is a daily need, people needs to cook and eat.
Dangote is discussing cooking gas, this is precisely what we are discussing here.

In his recommendation, the gas expert said that though Dangote has the upper hand, he should embrace collaboration.

“My advice to him is that the pie can be bigger. The Nigerian market is about 1.3 million tonnes. The Nigerian LPG market can be 5 million tonnes. He should work towards collaboration rather than competition, because at the end of the day, everybody benefits,” he added.

These people are something else. The level of greed just to end up building houses, marrying several wives, and grooming their children into the same greed is something else.

FreeIgboho:
Dangote better be careful. This is the kind of thing that has Bill Gates in trouble in certain quarters - crashing people's means of livelihood by donating it for free!

Why throw a stray bullet at Mr. Bill Gates?

SmartPolician:
Aliko Dangote is doing the lord's work.

Those marketers that are protesting should pool their resources together and build a refinery so they can give his refinery a run for his money.

God bless Alhaji Dangote.

yes the Lord's work.

God will bless you Dangote, wicked people everywhere and they will be the first to shift the blame on Government

adenigga:
Source: https://punchng.com/Marketers-protest-as-Dangote-moves-to-crash-cooking-gas-price

nairalanda1:
All I am going to say is that if subsidy had gone in 1992, by now there would have been 8 or more dangote style refineries in this country, which would have been exporting even...and earning lots of dollars.

Nigerians love easy ways, even Christ preached the narrow way.
Any leader or anyone in position of authority, who tries to do the right thing automatically becomes an enemy to Nigerians.
Some northerners were celebrating Buhari s demise on Tv yesterday, they said he closed borders, these are probably smuggler's and their beneficiaries.
The same people profiting from dirty businesses are the one shouting inflation, poor economy and bad government.

Acidosis:
Dangote and propaganda. Big headlines, little impact. Una go dey shout crash on top the usual N25 reduction? Senseless bunch.

These senseless bunch will crash petrol price from N918 to N916 and run to the media, all for the noise and propaganda. When will you people ever have sense? If N918 to N916 means crash, so what do we call N200 to N1000??

The government will keep using this man to press una muumuu button like toys. The goal is to deflect and shift your anger away from the government. Can't you people see? Same template with cement, PMS, now this? Our muumuu never do?

Even If it is 1 Naira.

Tell us when the marketers ever reduce the price.

Tinubu is not happy with this because his boys are heavily into importation of LPG and sell at outricious price. President Tinubu is not a good man. There was a day a boy brought in an expired 12.5kg cylinder to fill in 3kg, told him to tell his mother this cylinder has expired. I had no cash with me that period, wanted to buy him a brand new one, fill the 12.5,kg to the brime, then use my car to transport it to his house. I was at my former house I stayed in 2004 when I saw this child. His mother is a court worker. Imagine how many families are in such condition but APC led government doesn't care.

Commentor:
There are many producers of cement in Nigeria.

You all should get some education.

See these neverdowells are so obsessed with Dangote, so much that if they have the opportunity, they will shut down all Dangote's businesses.
I have never seen such obsession and mind you, it's the same group of people.
There are so many cement brands in the market, but they will rather commit mass suicide wailing and gnashing their teeth, over Dangote cement.
Dangote should bring down his cement price, as if they're the ones footing his bills.
It's not a must they buy Dangote cement, they should buy other brands

FreeIgboho:
Dangote better be careful. This is the kind of thing that has Bill Gates in trouble in certain quarters - crashing people's means of livelihood by donating it for free!

See how you are working hard to defend the "Source of livelihood" of your oppressors. Donating what for free? Do you think he borrowed billions of dollars to start a refinery so he can donate the products for free? Shame on you!

After making a fortune from sabotaging their countrymen and staring at the possibility of that being taking away from them, the resistance and wailing is very much expected. I have always maintained, fix Nigeria today and watch the wealth of over 90% of our current millionaires and billionaires fizzle.

This is because most of them made their money from Nigeria's dysfunctionality - smuggling, oil subsidy, forex rackteering, oil bunkering, insecurity, hoarding, cronyism/nepotism, etc. - in sharp contrast to their counterparts elsewhere in the world who made theirs from providing value.

Taich:
This headline has many hidden meanings. Like Dangote or hate him, the masses are the ones being played here. Dangote came into the Cementing sector, we all other players were pushed out. We know how the price of cement went. Dangote business model is market disruption at errant, then monopoly and finally the masses pay massively for the only supplier.

I have people thinking my statement lacked facts, Dangote and Ibeto has been in and out of court over cement, Dangote and BUA has issues over sugar. Dangote cement is one of the priciest in the market. These are facts, Dangote business model end game is monopoly.

OGA which cement manufacturers were pushed out of business? Is BUA not a billionaire today in the cement business? Is Ibeto not thriving? Na wa for una o!

Olalekanbanky1:
With all ds noise that he’s making, it wont pass 50naira price reduction oh. Cos To him, that’s what price crashing means as we can see how he has crashed petrol price na

Isf it is #50 naira, why are the marketers crying?

booz:
By 'crashing', you mean to reduce the price by #50 or #100. Let's see by how much he'll 'crash' it.

He should do a 50% crash jare .. which one be 50 or 100n