₦airaland Forum

Estello:
Private Depot Owners Slash Petrol Price from ₦828 to ₦710 per Litre (₦118 Cut) After Dangote Refinery Reduction


source

The sad fact is that transporters would not reduce the cost of transportation, they will now blame it on those selling spare parts...

lol….Dangote don bust these ones mouth

Omalicious1:
The sad fact is that transporters would not reduce the cost of transportation, they will now blame it on those selling spare parts...

Lol .........................................

...

oyekanwahab:
Based on this, your either a driver of a bus or your make money transportation


Is this what you are supposed to be saying

I do not owned and even drive a car, j run my business with solar worth 2m man, and I use logistic and Uber when it matters ,the honesty truth is even petrol station can't be adjusting price everyday. This is not something that would even sit and stay for a month when the tin no be shares i

b0rn2fuck:
why won't it remain the same since alk of them no serious, the same petrol them announce #699 today, go turn #800 tommorow, 3 days they will say #739, you think say even conductor no get sense, until they decide to be serious, they will take them seriously i

Many of you no gbadun. When fuel was above 1k transport was cheaper than now. Its like head dey pain you bah

fineboynl:
Damgote is frustrated because the government is not banning fuel import. If the government ban import as advise by damgote we would have been buying fuel 1500 by now.

All you want is a corrupt government support and give them kick back for every litre.

But unfortunately the current government is still in the business. Oando is importing and bought refinery oversea and now planing to build local one.

The oil business is too big to be given ve to one man.

A governments job is to regulate. It’s easier to regulate one major producer/marketer than several.
In a normal Nigeria, the government would expose how much it sells crude to dangote, inform Nigerians about standardized global refining rates (which is about $5 per barrel) and give a reasonable estimate of the cost of logistics/profit mark up so Nigerians would expect a capped price range.

Dangote is not the problem, I’m not his fan, but on this issue our failed government is. We hate transparency with satanic passion.

Kukutente23:
Lol. Dangote will be seething with rage right now
It's obvious he's manipulating the market with the intent to price the importers out of the market but those ones have already outsmarted him
He's a greedy as they are and they are ready to match him greed for greed . If not can anyone explain to me what shifted that made Dangote drop price from over N800 to less than N700?
It shows he was also robbing Nigerians until he heard of the import licenses and decided to crash the market. We've been buying fuel at 950 for over 3 months!!

Your papa for build one dey sell quality fuel for 100naira

iLoveYouToo:
Very annoying country. There lies the root of our problems. Bottom - top

What you just said is what the people don't want to hear. The problem has always been from the bottom. As usual accountability is far from the people

Capernum:
Now we are talking. It's getting better. But I hope it doesn't go back after the festivities.

I'm not a Tinubu fan, but he did well removing subsidy. Our pms will eventually be one of the cheapest globally.

I hope transporters will comply... You'll see how greedy men can be. Prices of commodities should come down more.

Prices of commodity won't come down. Why? It is because the people are even wicked than the politicians they condemn everyday

Fearyourcreator:
Many of you no gbadun. When fuel was above 1k transport was cheaper than now. Its like head dey pain you bah

at what angle are you talking from, who is talking about when it was 1k, we either see consistent dropping, not going up and down on daily basis as if they were playing on masses intelligence,they confused the masses already

Capernum:
Now we are talking. It's getting better. But I hope it doesn't go back after the festivities.

I'm not a Tinubu fan, but he did well removing subsidy. Our pms will eventually be one of the cheapest globally.

I hope transporters will comply... You'll see how greedy men can be. Prices of commodities should come down more.

It's already one of the cheapest in the world

Baxilexi:
A governments job is to regulate. It’s easier to regulate one major producer/marketer than several.
In a normal Nigeria, the government would expose how much it sells crude to dangote, inform Nigerians about standardized global refining rates (which is about $5 per barrel) and give a reasonable estimate of the cost of logistics/profit mark up so Nigerians would expect a capped price range.

Dangote is not the problem, I’m not his fan, but on this issue our failed government is. We hate transparency with satanic passion.

gives a huge lucrative business to one man you are making the man. Bigger than a state. Do you know what is oil business? Nigeria economy is centered around oil. Anyone who controls that for 10years can decide who becomes president and who becomes anybody in this country.

Fearyourcreator:
Your papa for build one dey sell quality fuel for 100naira

Your papa for send you go Switzerland school for $5m

Apparently that pump price of 900 is just milking the masses for no reason

markidoo:
Transportation go still remain the same price despite the reduction in Fuel prices

Those ones don craze finish

markidoo:
Transportation go still remain the same price despite the reduction in Fuel prices

that is what I call "wickedness inflation", it is isn't based on market forces but on greed and wickedness

b0rn2fuck:
why won't it remain the same since alk of them no serious, the same petrol them announce #699 today, go turn #800 tommorow, 3 days they will say #739, you think say even conductor no get sense, until they decide to be serious, they will take them seriously i

but when price rises, the same conductor will immediately effect prices , only when price falls that you will remember this your logic . We are our own problem in this country, we always have a reason to continue in wickedness and greed, even if all expenses become zero, an average Nigerian will still exhibit greed

markidoo:
Transportation go still remain the same price despite the reduction in Fuel prices

this should be the work of the NURTW. But their greed from the National seat in Abuja by MC Oluomo will not allow them. Imagine the volume of unclean money they are making everyday.

markidoo:
Transportation go still remain the same price despite the reduction in Fuel prices

Yet Nigerians go still insult the government as if them nor be also the government.

markidoo:
Transportation go still remain the same price despite the reduction in Fuel prices

Yes because this is Nigeria where the people take advantage of every situation. A people wicked unto themselves.
Everybody is corrupt, from the politicians down to the office Clark and market woman.

Good, this will favour Nigerians

jordyspices:
Very good healthy competition good for the economy

Very true

President Tinubu is backing the marketers and also dictating some what to Dangote otherwise the price should have crashed to N400 with PMS for Crude in Dangote refinery or special FG partnership with Dangote.

Kukutente23:
Your papa for send you go Switzerland school for $5m

$5m go Switzerland for what exactly.
Oga go sleep if you can't say something reasonable.

b0rn2fuck:
at what angle are you talking from, who is talking about when it was 1k, we either see consistent dropping, not going up and down on daily basis as if they were playing on masses intelligence,they confused the masses already

That how prices move na , this one gbadun like this

I pity so many car engines.

If una see E20, make una thank God.

markidoo:
Transportation go still remain the same price despite the reduction in Fuel prices

A Country of Particular Concern of the Government and Citizens

Those thieves no go green drop prices.

Government needs to regulate everything for this country

tosyne2much:
What you're experiencing has nothing to do with low quality fuel

If you're having peppery eyes while driving your car, your exhaust is leaking and your fuel would drain faster.. Take it to a panel beater

If you don't know of stinking petrol then you may be too young to remember years ago when all the fuel stations were stinking, cars smelling from bad fuel that damaged lots of engines. Imagine that I toped my tank with 15l so it got diluted with previous fuel and it smelt so bad,engine ran rough, what if I had bought full tank.
Anyway I let my tank get completely empty before buying again, now the bad smell is gone, so in that case will you say I have emissions leak?
Oga nothing you want to tell me about automobiles, I have used all sorts since I started driving 1989 till date from all sorts of fuel scarcity from ibb time to abacha when we as students were professionals in sucking fuel from tanks, kegs, drums et with hoses, when you know bad or rotten fuel not just by fumes but taste too when some enter your belle sotay you belch.

Kukutente23:
Your engine is having leakages
Go and change your car
Don't risk your life to defend Dangote

Watin you know about car sef, all these small pikins. Oya come buy me car naa..

Kukutente23:
Lol. Dangote will be seething with rage right now
It's obvious he's manipulating the market with the intent to price the importers out of the market but those ones have already outsmarted him
He's a greedy as they are and they are ready to match him greed for greed . If not can anyone explain to me what shifted that made Dangote drop price from over N800 to less than N700?

Bros the business and investment risk Dangote took is way past all those other ones. Respect to the likes of Bovas who was there for us through thick and thin but we have to move forward and Dangote has done well in that regard.
It shows he was also robbing Nigerians until he heard of the import licenses and decided to crash the market. We've been buying fuel at 950 for over 3 months!!

Dangote did well and took a major risk investing that much in the refinery. He isn't on the level of marketers. They cannot defeat him in the long-term.