₦airaland Forum

FarahAideed:
The govt is behind the problems Dangote is facing , govt cronies lead by their chairman are hell bent on continuing the fuel importation fraud ...

They don't want Dangote to have an idea of the true daily fuel consumption of the country which has been used to milk this country of 100s of billions of dollars

nedu666:
Dis dangote blackmail no go work. So if marketers pay dangote in dollars, in which currency will they sell it to Nigerians at fuel station. Naira or dollars.

MichaelSokoto:
Pls, who is our oil minister now?

Blizzy9ja:
This NUPENG and PETROAN are our problem in this country and if we do not get a leader that can disband them, then we will continue to suffer while they cash put daily

Bimow:
Honestly, Dangote is a greedy and wicked man.
Does he think Nigerians don't understand what's happening, he always resell or export 70% of the oil sold to him Naira to international market in dollars.
He will only take Petrol Kerosene and two other pruduct from the Petroleum and resell it in dollars.

I think Asiwaju should show him his RED SIDE before he destabilise his government with his greediness.

callmeDDD:
I learnt that every time he bought crude oil from abroad, he does this. He has complained that they are not selling crude oil for him in naira. If he gets crude oil from Nigerian Market in naira, then he will sell to Nigerian marketers in naira. All still boil down to sabotage. What is wrong with nnpc selling crude oil to him in naira? He doesn't get his crude oil from Nigeria again. That is why FG should wade in and make sure he gets steady supply of naira denominated crude oil from NNPC and it should be constant. Every action shows that they are playing monopoly and sabotaging games that won't benefit a common man.

ZombieDredd:
So it's FG that suggested dangote charge in dollars now ?

Elusive001:
I laugh at those who think that Dangote will make things better

Zionmdde:
Chakam
Let's go there
Before dangote sold the first litre of fuel I said it. I love the Man's business acumen oooo, but his refinery being a sigh of relief for Nigerians, impossible. He is too greedy for that

OK let's not yell them that due to maintenance, dangote will lose up to 50% productivity, therefore the best way to keep making profit is to hike fuel prices. OK ooo

Kastonkastroll:
Not even greedy parsa, but he wants to push other major marketers around. And this people he is trying to push around can match him money for money, connection for connection.

Imagine an average person like me who just venture into oil business and a very powerful Nigerian wants to kick my poor ass out. Haba isn't that wickedness. If I don't have anything to do, won't I become jobless and frustrated!

Dangote should just focus on his business and allow other marketers breath.

Elusive001:
I laugh at those who think that Dangote will make things better

DatNiggaDaz:


When Dangote doesn’t have his way like he has in the cement industry, then he creates a problem albeit an artificial one hoping to get all he wants his way.

Maybe tommorrow he will reduce the price of fuel and then next increase it to gain control and monopoly only for his own benefit.

Today, he wants to show you how the Naira and Union has become worthless which he does not need. Tommorrow he will sell in Naira as long everything goes in his favour, & then in Dollars if he does not have his greedy way.

The Union must stay whether Dangote like it or not.

helinues:
This is not time for blaming games. When would you people even be proffering solutions to things you have always been fuming about?

If this is not checked on time, it will cause dollar scarcity, fuel scarcity as there would be delay in sourcing for dollar, FX reserves likely to depreciate or dollar subsidization returns.

All can still be averted if FG can get involved and resolve the matter. Prevention is better than cure

CaptainGo:
You that is not greedy, what is your contribution to humanity?

AMINDA:
So, Dangote should source for dollars and import crude oil from overseas and then refine and sell to Nigerians in naira? Is he Father Christmas? Why is Tinubu failing to fully support Dangote by selling him crude in naira? That was an agreement he reached with the Buhari government before investing in a refinery. Nigeria's importation of less pure Malta-refined crude is still hitting astronomical numbers, while Dangote is constrained to export refined crude outside the country. No be juju be that?

bigtt76:
Refinery buys oil in dollars at prevailing market rate and you expect them to sell the products in local currency?

Elusive001:
I laugh at those who think that Dangote will make things better

DatNiggaDaz:


When Dangote doesn’t have his way like he has in the cement industry, then he creates a problem albeit an artificial one hoping to get all he wants his way.

Maybe tommorrow he will reduce the price of fuel and then next increase it to gain control and monopoly only for his own benefit.

Today, he wants to show you how the Naira and Union has become worthless which he does not need. Tommorrow he will sell in Naira as long everything goes in his favour, & then in Dollars if he does not have his greedy way.

The Union must stay whether Dangote like it or not.

Elusive001:
I laugh at those who think that Dangote will make things better

callmeDDD:
I learnt that every time he bought crude oil from abroad, he does this. He has complained that they are not selling crude oil for him in naira. If he gets crude oil from Nigerian Market in naira, then he will sell to Nigerian marketers in naira. All still boil down to sabotage. What is wrong with nnpc selling crude oil to him in naira? He doesn't get his crude oil from Nigeria again. That is why FG should wade in and make sure he gets steady supply of naira denominated crude oil from NNPC and it should be constant. Every action shows that they are playing monopoly and sabotaging games that won't benefit a common man.

Zionmdde:
That's why I said chakam na
I love the way dangote uses you guys' brain
I love the guy sha
All hail your messiah. Fuel will soon be 1k. And you will still blame government

1 barrel is 60 to 65 dollars, that's 90k
Petrol yield 70L, the rest 80L will include Jet fuel, kerosene, diesel etc

Have you asked yourself why dangote is churning out billions of profits in cement production at the expense of a common Nigerian buying cement at high price despite the raw materials being mined in kogi and edo

I love the way you guys defend the guy while he rides on your support into billions

Elusive001:
I laugh at those who think that Dangote will make things better

kokoA:
Dangote is not your national oil company, he is not the one that stopped NNPC from fixing refineries that were built with your money, he is not even the only business man in Nigeria, he could have used his money to build the biggest petrol deport in the world here and keep importation running, technically he doesn't owe Nigerians a dime! He is just being patriotic, even more than you guys claiming he is dumping the country.

AMINDA:
So, Dangote should source for dollars and import crude oil from overseas and then refine and sell to Nigerians in naira? Is he Father Christmas? Why is Tinubu failing to fully support Dangote by selling him crude in naira? That was an agreement he reached with the Buhari government before investing in a refinery. Nigeria's importation of less pure Malta-refined crude is still hitting astronomical numbers, while Dangote is constrained to export refined crude outside the country. No be juju be that?

DatNiggaDaz:


When Dangote doesn’t have his way like he has in the cement industry, then he creates a problem albeit an artificial one hoping to get all he wants his way.

Maybe tommorrow he will reduce the price of fuel and then next increase it to gain control and monopoly only for his own benefit.

Today, he wants to show you how the Naira and Union has become worthless which he does not need. Tommorrow he will sell in Naira as long everything goes in his favour, & then in Dollars if he does not have his greedy way.

The Union must stay whether Dangote like it or not.

I agree with you, Dangote would like to have his way because he is a business man; and like all people who go into business, its to make profit.
Dont forget, Dangote Refinery journey to his present state hasnt been an easy one. Remember all the accusation and counter-accusation between him and Kyari of NNPC? Dangote had to some out and shout....NIGERIA HAS HAPPENED TO HIM. Running a successful business here is not easy....even if na POS you dey do.....wahala jus dey evverywhere.