₦airaland Forum

MrPOTUS:
Alaye rest with this rubbish you keep spamming the whole thread with

You just hate the truth. Lmao

drstranged:
I don't understand why it should go up. Please explain.
I mean we produce our crude and sell to other countries meaning we should gain more dollars with the crude oil price increase. Secondly, we now largely refine our own crude meaning importation is at its lowest. So how should crude oil price increase also result in increased fuel price here rather than the opposite effect. Please explain

Crude oil is valued at international price , so that makes Nigeria vulnerable to price instability. Nigeria and Dangote may export more oil due to surge in demand but that also means average Nigerians will pay more for petrol, diesel etc because the price is benchmarked. Also Nigeria still import more than half of local consumption despite local refineries, so essentially, Nigeria is exposed to global price disruption and also higher premium on imports. Interesting times ahead.

omoredia:
This is proof why dangote monopoly is a danger waiting to happen. What has changed now? We have the local oil, the local refining so what excuse are they giving now ?

Oga no dey cross road using this your brain, the report was talking about Canada with 16 functional refineries complaining about hike, but your brain quickly went to Dangote and whatever rubbish you typed.

What's the correlation? A country with 16 refineries (no monopoly and many of you insipid writers allege is good) versus 1 behemoth, but it's Dangote's fault you're not buying at N200?

CaseSensitive:
Deputy Americans and Zionist Nigerians in Nigeria don't have an idea what their Massa has caused. Maybe next time they'll think before cheerleading for a warmongering empire and its vassal terror state. You're not just a spectator like it's a Manchester United v Plymouth match, your survival is on the line you're just not wise enough to see it yet but don't worry, you will feel it very very soon if this war turns out to be a prolonged war.

It's their cheering Trump that's causing this? So if they aren't cheering Trump this won't happen? How does their cheering or not cheering change anything.

omoredia:
This is proof why dangote monopoly is a danger waiting to happen. What has changed now? We have the local oil, the local refining so what excuse are they giving now ?

like say Na night school you go

muyico:
But why??
We gat cruel oil and refineries

same thing that i asked them. What concern our petrol and crude oil with the iran and america?

chopnaira:
To those supporting trump and isreal bombing of one of the highest crude oil producers in the world, what did you expect? Are Nigerians that dvmb to think it won't affect them?

Abroad too, oil price has jumped up massively, and the country I am in has more crude oil and refineries than Nigeria.

Are Nigerians the cause of war between Israel and Iran? Why blame poor Nigerians who are been killed by Fulani terrorists, boko haram, bandits etc?

Islie:
https://leadership.ng/petrol-price-may-hit-n1-800-in-nigeria-refiners-warn/

Every war in the world no matter the country that are fighting war effects Nigeria, and Nigerians bear the pains of war in another country. Even if there's riot in Russia, china, Argentina, Australia, New Zealand or Papua new Guinea it's effects Nigeria, the only thing that doesn't affect Nigerians are good things that are happening at Europe and other good countries.

chopnaira:
Is it APC that is controlling global oil prices now. Abeg, let's dey reason like people that graduated from a University.

una even get time dey reply this set of people.

Leave them to keep wallowing and garnishing there teeth on Nairaland and other social media platforms.

Tinubu till 2031

EmperorIsaac:
Time to nationalize Dangote oil and make a litre 400. It's possible...but class for itself will not agree.

Refinery would be scrap under those conditions.

Remember NNPC refineries. Run at a loss, therefore they broke down. Corruption worsened the matter.

I mean it is costing over 800 naira now to produce a liter of fuel. If you sell am for 400 naira e go create wahala

Ninaffivadit:
1kg of gas is 1k naira while 1 bag of cement is 7k here

Peter Obi and his supporter are the problems of this country called Nigeria.

If not for the USA Vs Iran fight the petrol price won't have go high like that

Here in Ibadan 1kg is 1400, while cement is almost 11k

FaAbData:
It's their cheering Trump that's causing this? So if they aren't cheering Trump this won't happen? How does their cheering or not cheering change anything.

No of course not, cheering doesn’t cause the war. The point is the irony, Nigerians supporting Israel and USA's aggression will still complain when they face more hardship worse than they are already facing due to global oil price spike, but weren't unable to connect the dots from the onset. It's the lack of awareness.

Good. Let it get to 10k per litre. It won't stop 🛑 us from driving work until Iran surrenders. Whatever sacrifices we have to make to end Islamic terrorism are worth it.

Meanwhile, death to all Islamic terrorists anywhere in the world including those in northern Nigeria.

Ninaffivadit:
1kg of gas is 1k naira while 1 bag of cement is 7k here

Peter Obi and his supporter are the problems of this country called Nigeria.

If not for the USA Vs Iran fight the petrol price won't have go high like that

a bag of cement is 12k !!!

There is no need to warn. You are doing buy and sell and you have competitors

How does this explain actions even works? Fuel we refined here and pump to our darling dangotte refinery to refine n sold to the local Nigeria market is what they are telling me Iran/Israel -US war is making prices in Nigeria go up!
May God help Nigeria!

valentineuwakwe:
How does this explain actions even works? Fuel we refined here and pump to our darling dangotte refinery to refine n sold to the local Nigeria market is what they are telling me Iran/Israel -US war is making prices in Nigeria go up!
May God help Nigeria!

Local refineries are not buying crude oil cheaper than foreign refineries and Nigeria is not even obligated to sell to any local refinery

chopnaira:
To those supporting trump and isreal bombing of one of the highest crude oil producers in the world, what did you expect? Are Nigerians that dvmb to think it won't affect them?

Abroad too, oil price has jumped up massively, and the country I am in has more crude oil and refineries than Nigeria.

Are you aware that America is the world’s highest producer of crude oil and it produces 3 times more than Iran?

Are you aware that Iran is the 5th highest producer of crude oil, behind Saudi Arabia, Russia and Canada?

Are you aware that Iran’s crude oil production is not much higher than what UAE and Iraq produce

America and Israel’s interest in Iran is not so much about oil production as it is about nuclear arms.

valentineuwakwe:
How does this explain actions even works? Fuel we refined here and pump to our darling dangotte refinery to refine n sold to the local Nigeria market is what they are telling me Iran/Israel -US war is making prices in Nigeria go up!
May God help Nigeria!

. Quite Unfortunate,The Strait of Hormuz issues should have no Effects on the Price of Fuel in Nigeria at all ,How ? Dangote gets Crude Oil from Nigeria,Refines in Nigeria ,So I don't get it .

It's not Imported .

drstranged:
I don't understand why it should go up. Please explain.
I mean we produce our crude and sell to other countries meaning we should gain more dollars with the crude oil price increase. Secondly, we now largely refine our own crude meaning importation is at its lowest. So how should crude oil price increase also result in increased fuel price here rather than the opposite effect. Please explain

I tired oo.... something that was suppose to favor us especially the government ,they are lamenting over it .... Nigeria have crude oil for Christ seek.... All this useless government no go do the needful...

insidelife22:
Let it reach 5 thousand
We are tired of losing our girlfriends to men who has cars.

And you think it is about cars? Where is power? All companies , producing or in services in Nigeria, including financial institutions are powered by generators. So also All kinds of transportation of goods use fuel.
Wait, you will cry blood

DeltaFire:
Generator will not be available for use now because of fuel cost.

Is ok. We can walk in the sun to our destination.

We can use hand fan to blow ourself and sleep.

Oga Delta, please hold your fire.

We don’t need to walk in the sun to our destination, neither do we have to use hand fans to blow ourselves with city boy renewed hope reforms consolidation of APC legacy in electricity.

Did you miss Pẹnkẹlẹmẹs claim that 150 million Nigerians have electricity, thereby confirming Fashola’s claim of making electricity available to all Nigerians in six months once we kick out PDP prosperity policies and replace them with APC’s palliative-sharing, extreme poverty promoting policies

We will drive electric vehicles and use electric fans as well as air conditioners to cool ourselves. Shikena.

CaseSensitive:
No of course not, cheering doesn’t cause the war. The point is the irony, Nigerians supporting Israel and USA's aggression will still complain when they face more hardship worse than they are already facing due to global oil price spike, but weren't unable to connect the dots from the onset. It's the lack of awareness.

what are u evening say the world should support terrorist or what?...if Ghana our neighbor here preaches how to wipe Nigeria from the map.., are we going to fold our hands and watch them achieve their goal?...

Rubbish



WAR in iran affecting our Nigeria


while


SAUDI Arabia peace not affecting Nigeria

Enugurangers:
You just hate the truth. Lmao

Is there power supply in Nigeria?

Producers are buying both high cost diesel and petrol in Nigeria for production process while Canada have power supply for production.

Which of both countries will be most impacted?

Abi you think say na only petrol dey affected? Diesel, cooking gas also. If we had constant power, the impact would be minimal.


Use your head

Reloadedisraelp:
what are u evening say the world should support terrorist or what?...if Ghana our neighbor here preaches how to wipe Nigeria from the map.., are we going to fold our hands and watch them achieve their goal?...

Easy on the propaganda. Iran is NOT a terrorist state.

Double the price 🤣

MrPOTUS:
Alaye rest with this rubbish you keep spamming the whole thread with

Don’t mind him jare.

He’s forgotten that we have renewed hope for ọmọlúwàbí Tinubu to do what his 2011 expired Buhari failed to do.

Soon and very soon, we will see petrol crash to N70, if not N40 as promised by the leaders of IntegriThief in All Promises Cancelled, APC 11 years ago, which city boy recycled in January 2023 at his Abeokuta rally.

Ẹ jẹ ki a fi ọkàn balẹ fún akanbi olodo idẹ, the Lagos magician.

If it's a positive development going on around the world nigerians will not feel the good dividend. But, if it's a negative development we begin to swallow the bitter pill sharp sharp.

BodyCount:
Let it hit the 5k per litre.

We Nigerian Christians supporting USA and those terrorist Zionists will buy it for only ₦100

We Biafrans aka fake Jews supporting USA and the terrorist Zionists will buy it for ₦50 per litre.

Only Tinubu people go feel the heat.

God bress biafla land.

Nobody is paying them 30k per month for anti-iran posts.
Infact I am more comfortable with people cheering on the fight in faraway middle east that the fouls cheering on the destruction of their villages becos of tribalism or 30k stipends.