₦airaland Forum

parags:
Can Dangote supply every demand? The ripple effect is that many filling station will close down or forced to source from Dangote . The instance the importers divest their resources , dangote will increase to that price .
Now Am I against this tariff ? No. But I believe this should be coming when we have two or more fully functional local refineries . So that competition will reign supreme

Dangote can and has sanction the expansion of his refinery....

Again... The govt refinery will be privatize

bigpicture001:
Dangote can and has sanction the expansion of his refinery....

Again... The govt refinery will be privatize

I hope so . Those old things we call refineries are money pits

Reasonable ideas to frustrate fuel importations if Dangote do Nigeria well oooo

While countries are busy building nuclear weapons and hydroelectric power plants baba is here taxing his people on the high side.. they tax to embezzle..

nairalanda1:
Petrol costs at least 700 naira to refine from crude

Selling it at 300 naira means losses for the dangote refinery

The refinery is here. The crude is here.

Should it still be costly for Nigerians?


OPEC country for that matter

PlasmaTV:
Very soon, this man will impose cemetery tax for dead folks.

Always borrowing and taxing.

Its now i understand well many of you are stsrk illiterate, omo!

FarahAideed:
So price of petrol about to go up by another 15 percent ....this man is truly heartless abeg

Una go school at all...

Tammy2705:
it seems thats what this man does borrow and tax.

It doesn't seem so o. That's what he does.

Uchesis:
The refinery is here. The crude is here.

Should it still be costly for Nigerians?


OPEC country for that matter

Would you sell crude at a very low cost to.dangote refinery?

Probably not. Costs a lot of money to drill for and bring out oil. Then you got tonpay the workers very very well, plus maintenance costs

Plus , since at least 2005, Nigeria don't have the cash to pay subsides on crude or it's refined products. Even earlier than that.

Being an OPEC country doesn't mean you run operations at a loss because fuel got to be cheap.

Besides, oil revenue can't even pay all our bills as a country, assuming we eliminated corruption decades ago.

Fearyourcreator:
Una go school at all...

Oga we go school pass you

timilehin007:
Oga this is a target against the fuel importers. Group of people sabotaging the government efforts. A win for Nigeria and Dangote

Who do you think are going to pay those taxes? You think that the importers are the ones paying for it? No! It's the populace that would bare the weight of these taxes. Importer will pass this difference to the retailer, the retailer passes it to the final consumers who are me and you. Did you people not study commerce in school?

Well 2026 is going to reformat all these political sychophancies. Una eyes go clear well well by then.

Gotocourt:
It's actually a good thing, local content 💯. It's to discourage import but middle men go spoil am.😥

local content can not meet up with local demands. You impose these measures when your local production is enough to satisfy the local demands but are facing competition with foreign products.

Fearyourcreator:
Its now i understand well many of you are stsrk illiterate, omo!

Yenyenyen
Empty

PlasmaTV:
Yenyenyen
Empty

Simple Economics in secondary school , you no sabi

Fearyourcreator:
Simple Economics in secondary school , you no sabi

Tell that to your Lord and savior, tinubu.

PlasmaTV:
Tell that to your Lord and savior, tinubu.

Tinubu is too much that he became one of the top guys in Exxon Mobile then. What did you achieve?

Fearyourcreator:
Tinubu is too much that he became one of the top guys in Exxon Mobile then. What did you achieve?

Yenyenyen

FarahAideed:
Oga give it some days na ..is it not Tinubu again..giv it some days

It is now some days! How far? So is the tax an advantage or disadvantage for Dangote Refinery?

mfm04622:
It is now some days! How far? So is the tax an advantage or disadvantage for Dangote Refinery?

Seems to be an advantage but I need one more week to conclude