₦airaland Forum

The masses are just the pawns.

Mrchippychappy:
In the old days when God wants to punish people, he would harden their hearts and bring a leader that would completely break them and shatter any dreams and hope the people ever had.


When this man finish with Nigeria, Somalia embassy would be filled with visa applications from Nigerians.

What is the man's fault in allowing free market in the petroleum sector.....do you even have any understanding of the issue... .what is happening is good as it will engender competition which will drive down prices or keep it from going too high.

Dangote's investment must not fail even if it is convenient for the marketers. The government is yet to systematically look at the quality of these imported products for level of contaminants to determine their suitability for us.

Life expectancy and quality of our living environment environment (air) should be a concern to the government and marketers, but it seems the marketeers are only interested and driven to maximize and don't really care if we live or die as long as money is made, by importing substandard petroleum products.

Is this the reason Dangote called for a ban on petrol importation? He knew where the issue was from.

CodeTemplarr:
Monopoly to Dangote and one or two modular refiners around. Bad idea.
Import should be pegged at around 25% local consumption volume and increased if found favourble or decreased if otherwise.

Let it be a monopoly. Local investors cannot be in competition with foreign refineries. Why are the importers lowering their prices? They import fuel in Ghana, Togo, Benin, Niger and Chad and other countries why is it that it is in Nigeria the importers are competing with local price?

Moreover, local refineries use our money to develop our economy (roads, employment,etc). Foreign refineries take our dollars to develop their economy.

The purpose of local refineries is to reduce pressure on FOREX , build local institutions and capacity and contribute to nation's building. Foreign refineries have nothing to offer Nigeria.

Remember how foreign airlines lowered Lagos London flight below Peace Airlines price at the time of entrance of Peace Airlines to London Route to frustrate Peace Airlines.

With 4,000 trucks, DANGOTE should be able to reduce price.

bigpicture001:
Let this marketers rest and that why I will like. Obi for president...

He will simply place a ban on them... That was exactly how the cement industry grew... The govt of ObJ barred import to help local manufacturers...

Tinubu is supposed to do same to save the sector.. but no! He is busy with 2027 politics

I don't agree in a ban being placed.

It should be competitive.

The marketers are terrible yet we shouldn't be reliant on a single source.

The story sounds like fake news with a ton of grammar and unsubstantiated dribble. They repeat this upstream and downstream nonsense with reckless abandon just to try to sound important and factual. I admit that I didn't complete the reading assignment.

bigpicture001:
Let this marketers rest and that why I will like. Obi for president...

He will simply place a ban on them... That was exactly how the cement industry grew... The govt of ObJ barred import to help local manufacturers...

Tinubu is supposed to do same to save the sector.. but no! He is busy with 2027 politics

Obi was an importer, one of the biggest importers in Nigeria

Unpatriotic Nigerians

No regulation around importation of fuel but rice wa Nigeria go church, customs would be acting john wick ontop that

Disregard this report by Punch. It may be sponsored. The reality is that most depot owners are in serious debt. Guess what , dangite is entering into logistics

FreeStuffsNG:
They are a dying tribe
They have not learnt their lesson. Only pooling resources to build , operate and supply your own channels can keep their heads above water. The game is up.

Most of them are in serious debt and struggling to compete only out of ego. In few days time, Dangote Refinery will launch its 4,000 CNG-powered trucks to directly deliver PMS to outlets so while they are waiting for PMS that's still on the high seas, Dangote Refinery and the other local refineries have serviced orders and cornered the market. Lobatan.


NIPCO Plc, umbrella body of independent marketers, was buying hotels everywhere when it was swimming in profit instead of building refineries. Smh. They should use their hotels to refine crude nah.

They lack visionary leaders but rich in very narrow business-minded leaders.

Will it be forced delivery or charitable delivery?
What if he goes to deliver product to a particular fuel station, and the owner say he doesn't want it at the price he is giving the products?

With this his invention, he will have successfully driven out so many tanker drivers out of jobs.

Sha e no consain me, anything wey dem wan do, na dem get country

He has dominated the market already and set to position itself as a market leader

bigpicture001:
Let this marketers rest and that why I will like. Obi for president...

He will simply place a ban on them... That was exactly how the cement industry grew... The govt of ObJ barred import to help local manufacturers...

Tinubu is supposed to do same to save the sector.. but no! He is busy with 2027 politics

You place an outright ban on them and they will frustrate the industry and the people who will turn around and say "Peter Obi is the worst thing to come out of Africa"..

Oga..

Peter Obi NEVER reach to govern this nation...

bigpicture001:
Let this marketers rest and that why I will like. Obi for president...

He will simply place a ban on them... That was exactly how the cement industry grew... The govt of ObJ barred import to help local manufacturers...

Tinubu is supposed to do same to save the sector.. but no! He is busy with 2027 politics

And he should NOT be alert because you want him to lose the election for your "confused" Obi that is partyless to come and win..

Win Faya!

bigpicture001:
Let this marketers rest and that why I will like. Obi for president...

He will simply place a ban on them... That was exactly how the cement industry grew... The govt of ObJ barred import to help local manufacturers...

Tinubu is supposed to do same to save the sector.. but no! He is busy with 2027 politics

You juveniles will never learn..

Fiscus105:
Let Dangote reduces margins of his profit by bringing price down, importers would be forced to patronise him, and let the regulators make sure the importers not allowed to bring substandard to the country, because of differences in prices.


Our concern as masses is to buy cheaper and quality petrol and less concerned about who produce the product.

U dont seem to understand anything.they are selling more expensiv than dangote outlets.This is why dangote has purchased trucks n planning to open filling stations across d country to get his product to d final consumers.They want importation by all means becos they able to buy rejected fuel sometimes n bring into d country n make mad moeny

Thanks to you guys, the whole report was sounding somehow in my ears. I was trying to make it make sense, so like you are suggesting, just a media war as the last kick of a dying 'tribe'.

FreeStuffsNG:
They are a dying tribe
They have not learnt their lesson. Only pooling resources to build , operate and supply your own channels can keep their heads above water. The game is up.

Most of them are in serious debt and struggling to compete only out of ego. In few days time, Dangote Refinery will launch its 4,000 CNG-powered trucks to directly deliver PMS to outlets so while they are waiting for PMS that's still on the high seas, Dangote Refinery and the other local refineries have serviced orders and cornered the market. Lobatan.


NIPCO Plc, umbrella body of independent marketers, was buying hotels everywhere when it was swimming in profit instead of building refineries. Smh. They should use their hotels to refine crude nah.

They lack visionary leaders but rich in very narrow business-minded leaders.

Fawazzz:
Disregard this report by Punch. It may be sponsored. The reality is that most depot owners are in serious debt. Guess what , dangite is entering into logistics

BreakingNews21:
The story sounds like fake news with a ton of grammar and unsubstantiated dribble. They repeat this upstream and downstream nonsense with reckless abandon just to try to sound important and factual. I admit that I didn't complete the reading assignment.

Urgent1Million:
It's for both Dangote and the other marketers.
If the marketers aren't making profit importing, they'll stop.
Dangote has the option of crashing local prices. He just doesn't want to do it because he wants to maximize profits.
All we want is affordable fuel, as long as the necessary regulatory bodies are making sure that the quality of imported products meet required standards.

Dangote is currently selling at lower price ...check stations like MRS n other dangote affiliated stations n see for urself.

bigpicture001:
Let this marketers rest and that why I will like. Obi for president...

He will simply place a ban on them... That was exactly how the cement industry grew... The govt of ObJ barred import to help local manufacturers...

Tinubu is supposed to do same to save the sector.. but no! He is busy with 2027 politics

somebody that denied saying he will remove subsidy immediately

bdon123:
U dont seem to understand anything.they are selling more expensiv than dangote outlets.This is why dangote has purchased trucks n planning to open filling stations across d country to get his product to d final consumers.They want importation by all means becos they able to buy rejected fuel sometimes n bring into d country n make mad moeny

Read my comments and make sure you understand and stop following Dangote gragra, if Dangote Petro is profitable for the importers, they won't bypass him and go for foreign imports.


Have you for once asked urself, the gains, you, as a citizen gaining from the ban they placed on cement importation? The skyrocketing gain the cement manufacturers are gaining, have they sent a penny to your account for once? Did you know how much cement cost today and the amount it would be, if they lift ban? The same goes to rice importation before they partially lifted the ban.

Provided the Petro importation is not substandard, let the competition continue.

CodeTemplarr:
You see why pressure is on Naira and it isnt gaining as much value as it should?
In our top 10 import list, 6 can be locally produced.

But we're not serious as a people. Look at Rice production for example, Buhari ban rice importation and supported local farmers with TRILLIONS OF NAIRA through Anchor borrowers programme.
What did our Farmers do and the middlemen. After harvesting both the farmer and middlemen hoard it and drive the price higher than even foreign rice, to the point of scarcity.
Most problems are caused by the people. Even though we know we have leadership problems, but you see the ones they're kind of RELEEASED to the people, if we're truthful with it, it will go a long way in sustaining us.

Urgent1Million:
It's for both Dangote and the other marketers.
if the marketers aren't making profit importing, they'll stop.
Dangote has the option of crashing local prices. He just doesn't want to do it because he wants to maximize profits.

All we want is affordable fuel, as long as the necessary regulatory bodies are making sure that the quality of imported products meet required standards.

@ Ur bolded. You are one of few here who are not only wise, but also not allowing sentiment to impair ur sense of reasoning.

Meanwhile, Dangote forgets Tinubu is also petroleum guru, he too, owns Oando to understand any gimmick he is planning to play, the way he played former presidents into outright banning of cement imports and now, only the rich can build house.

luvinhubby:
Because NNPC connived with APC and lied to defraud Nigeria of over $2 billion in the failed PH & Warri refinery repairs

As old as you are o. See ipobic reasoning.

We can't afford to be wasting our FX on importing a product that's available locally. We should be exporting refined products not importing them with our relatively scarce FX.
I think maybe an outright ban will not be feasible but a large cut will be the BEST. imagine importing 80% of our petrol, when we have a refinery that can process 650k volumes of petrol daily, what's the colour of our problems in this country? Everybody os just trying to keep making EXCESS GAINS at the expense of WORKING COUNTRY and yet, they'll resort to blame the Federal Government.
This same marketers before Dangote came onboard are TORN in the Nigerian people flesh ranging from SCARCITY to HOARDINGS to HIGH PRICING, now you saw competition, you dey change voice. Useless people

Sirseedorf:
Market are the major problem of this country, especially the fuel oil sector, they are bunch of corrupt pessimistic citizens.

Are they more corrupt or less corrupt than ebilokan who squeezed $84 billion from us in subsidy savings to hike petrol price to N1,000 from the N70 that Oshiomhole’s Assembly of Past Criminals, APC said it should be 10 years ago.

This was when ebilokan was plotting to make his fellow southerner Jonathan a one term president and replace him with a clueless northerner who he knew was expired in 2011.

anonimi:
Petrol should never cost more than N70 per litre, says APC

January 19, 2015

The All Progressives Congress (APC) has described as mere tokenism the reduction of petrol price from N97 to N87 per litre, saying the petroleum product ordinarily should sell for N70.

On Sunday, the federal government announced the reduction of petrol price, citing the fall of global crude oil price.

But the APC through Lai Mohammed, its spokesman, on Monday accused the government of making a show out of deceit, saying “a 10.3 per cent slash in the price of petrol was a mere tokenism at a time the price of crude oil has crashed by about 60 per cent”.

It argued that the pump price of a litre of petrol should not be more than 70 Naira, alleging that at N87 per litre, the government was forcing Nigerians to subsidise the massive corruption in the oil sector by N17 for every litre of fuel.

https://www.thecable.ng/petrol-never-cost-n70-per-litre-says-apc/

iwaeda:
https://punchng.com/fuel-imports-surge-to-71-as-marketers-ditch-local-refineries/

While i wouldn't want fuel imports banned totally. maybe we should limit it in terms of litres. Eg we could say if local demand is 35mln litres, we will not import more than 10mln litres a day consumption and allocate it to the importers. This is on the assumption that Dangote can actually meet local demand.

If markerters are importing then it means:

1. The price is cheaper than Dangote
2. Dangote has excess petrol stored in tanks or
3. Dangote is exporting his own excess petrol

While this is good for the economy, the price differenc of maybe N10 or N20 between the importers and Dangote is not that relevant. For the sake of incentivizing local production, its better to let Dangote increase capacity utilization of his refinery.

Mansa6:
You place an outright ban on them and they will frustrate the industry and the people who will turn around and say "Peter Obi is the worst thing to come out of Africa"..

Oga..

Peter Obi NEVER reach to govern this nation...

I HV long gone to work... And even eaten break fast from work.... Worked and I am resting to read ur replies...

U don't have a job..? I mean aside defending ur political master online..? Na wa ooo

iwaeda:
https://punchng.com/fuel-imports-surge-to-71-as-marketers-ditch-local-refineries/

Nigeria problem is greed and monopoly, the marketers knew they can’t be manipulating Nigerians to buy fuel at expensive price when Dangote and other refineries are functioning well in the country hence they intend to frustrate any refineries around here so they can keep importing and inflating the price, y’all will wake up one day and understand the desperation of this people

When we have local refinery who promised 100% fuel supply across the states without any shortage, why do we allow importation of the same products.

Moreso, when we said that we are protecting our indigenous companies.
.