Dangote Refinery MD, David Bird On Fuel Price (Video) - Business (2)

Dangote Refinery MD, David Bird On Fuel Price (Video) - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Dangote Refinery MD, David Bird On Fuel Price (Video) (8881 Views)

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 6:46am On Mar 10

jmoore:
Dude, REST!

USA, Canada has stable power supply. Households over there don't depend on generators to power their homes.

You probably charged your phone with a generator and you are posting this.

Petrol runs almost everything in Nigeria, so ripple effects will be worse compared to USA or Canada.

Why do you think the west frets anytime Russia threatens energy cuts.......as petrol is important to you here is same way it's important to the US economy.......high prices never helps any economy..........other west african countries have been paying higher prices than you for petrol for ages and will still pay more and heavens haven't fallen over there......so quit pointing fingers and making Puerile comparisons,this problem affects every living person in the world.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by phemmie06(m): 6:48am On Mar 10

Let me ask some genuine questions.
How will government create subsidy,which fund will the government use and which government,your government or their government. Nigeria government revolved around some set of minority people.

Day169:
We've heard you, and granted, oil prices have shot up.
But the federal government should be able to provide some form of subsidy to cushion the effect of the price hike on the masses.
That should be a part of the welfare obligation of our government for the people!

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by daniwise(m): 6:48am On Mar 10

yesloaded:
What's the price of Petrol in Canada now?

What's the minimum wage after tax in Canada?

What's the minimum wage after tax in Nigeria?

Help me ask him very well

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by ejieddy: 6:48am On Mar 10

Nigeria's problem isn't fuel prices or oil, it's power. We're feeling it more because we have no power. I had to buy fuel of over N12,000 just to power my generator for 4 hrs, pump water and have a little left over for the next day. I did this so the food in the freezer won't go bad. If I had power, I won't have an issue that much. But now, it will be more glaring because this useless government refused to deal with power but decided to put all money on a coastal road. Power should be what decides Tinubu's re-election. Nothing else. If you can't fix power, pls resign.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lanretoye(m): 6:50am On Mar 10

jmoore:
Dude, REST!

USA, Canada has stable power supply. Households over there don't depend on generators to power their homes.

You probably charged your phone with a generator and you are posting this.

Petrol runs almost everything in Nigeria, so ripple effects will be worse compared to USA or Canada.

you need to rest,go and see people who don’t have jobs,can’t pay for the households and power in America that you are talking about too.una go just Dey talk jargon.you that is still struggling to pay 5k a room here in Nigeria .
The way millions of people will work and build a decent house in Nigeria in 5years or less,go to America and try it.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Jayhome24: 6:51am On Mar 10

I will be the most happiest person if one day oil becomes a useless commodity to the entire world cus I'm sick and tired of oil headache all the time.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 6:51am On Mar 10

yesloaded:
It's no longer Canada but usa?

😂

You mentioned Canada experiencing high pms rate then I asked you honest questions

Next time, say only what you know

Nigeria needs fuel subsidy & the removal of fuel subsidy on day 1 of this administration is the greatest blunder

As is now, a month minimum wage before tax in Nigeria will not buy 50litres of Petrol

And where will the govt be getting extra money now to fund subsidy,if this persist any longer than 2 weeks,the govt would have been broke......don't you know if subsidyvwas still in place,govt bills will also rise as prices are rising and we would have been sleeping in petrol stations by now also there wouldn'thave been any dangote refinery........this are austerity times coming back and you need to be more economical with the use of petrol.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 6:54am On Mar 10

yesloaded:
Do you even realize how much benefits your kids get months?

Do you realized that quality education in Canada is free except tertiary institution?

Do you even know the cost of power supply is cheaper than Band A cost here in Nigeria whereas they have 24hrs per day while you don't get 24hrs per day with band A (my office is on band A so I have a first hand experience(

You are paying for that free education and health care through taxes,how many Nigerians pay taxes......also stop that horrendous lie that electricity is cheaper over there than we have here stop misinforming people and say only what you know.

1 Like

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by nairalanda1(m): 6:56am On Mar 10

Day169:
We've heard you, and granted, oil prices have shot up.
But the federal government should be able to provide some form of subsidy to cushion the effect of the price hike on the masses.
That should be a part of the welfare obligation of our government for the people!

Problem is, and yes I know, corruption, there isn't enough money for subsidy .

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Reference(m): 6:59am On Mar 10

Ordinarily 120 usd is almost double what is in the budget so this amounts to a so called 'windfall'.

Party faithfuls should remember this because they had often referenced the high crude prices during the Jonathan regime and criticized it for what it did with the so called windfall.

Now is the opportunity to show ordinary Nigerians the better way of managing windfalls. But with one strong note.

Remember, ALL PREVIOUS REGIMES PAYED SUBSIDIES ON LOCAL SUPPLY OF GASOLINE.

So this government has a much longer rope.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 7:01am On Mar 10

omoredia:
Dangote monopoly is dangerous and exploitative. The real benefit to Nigerians is to bring in more players to compete on pricing.

What do you want dangote to do? You have every right to get a licence and go bring your own pms and sell at whatever price you want,what competition are you looking for again......you people just make outlandish inferences and throw invectives at a system you dont even understand the basics of how it runs......your confident display of ignorance is highly nauseating.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by fotadmowmend(m): 7:01am On Mar 10

“US-Israel-Iran W@r on Oil Prices: “ We purchase Nigerian crude from the Nigerian government at international benchmark related prices, we then pay international insurance rates in order to bring that crude from the terminal to the refinery. What's Worse Than $120 Oil is No Oil”
.............................The government of the day is so cruel walahi . Selling crude oil at international price to local refinery in DOLLARS...... is that not wickedness ? And some i.d.i.o.t.s will come out to say this isn't government's fault.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 7:03am On Mar 10

koxyz:
Since the government is making more money from the sales of crude oil, they should give us palliatives to cushing the effects of increments in the price of petrol.

Bros calm down,prices started rising barely a week.....be calming down,this things dont just happen in a whim,they take processes.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 7:09am On Mar 10

Shimmaa:
Nigerian government are just selfish people, why are they charging dangote international rate to sell crude oil to him, I fear the kind of hardship that will hit people in the coming days.

There is an international cartel called OPEC that controls crude output and prices which Nigeria is obligated to as a member.......tinubu cannot determine how much crude is to be sold........lets accept without conceding that tinubu can decide that dangote should get his petrol cheaper than international rates just so you can get cheap petrol, you will still get to pay more because you have further incentivised smuggling which will attract higher prices than you are willing to pay and marketers will be willing to sell to them cause of higher margins and you would have only little to fight over thereby causing scarcity forcing you to pay more, now who looses?

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Shimmaa: 7:11am On Mar 10

Lithiumite:
There is an international cartel called OPEC that controls crude output and prices which Nigeria is obligated to as a member.......tinubu cannot determine how much crude is to be sold........lets accept without conceding that tinubu can decide that dangote should get his petrol cheaper than international rates just so you can get cheap petrol, you will still get to pay more because you have further incentivised smuggling which will attract higher prices than you are willing to pay and marketers will be willing to sell to them cause of higher margins and you would have only little to fight over thereby causing scarcity forcing you to pay more, now who looses?

I don't understand, who owns the crude in our soil, is it owned by OPEC?

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Oyin2212(m): 7:13am On Mar 10

Ayomid3h:
when Canada and other countries are selling their own higher prices

Continue blaming tinubu

Koni da fun e

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 7:17am On Mar 10

ccollins:
when it comes to negative economics that will not favor the populace, U will compare Nigeria to canada and other developed countries. Have u cared to as well compare Nigeria government inactions and ineffective response in the lack of adequate electricity supply to that of 24hrs electricity supply in developed countries. You will not compare the good economics and decisions of those developed countries but you will compare the negative economics of crude oil abi

Have you paid the price or costs for those economies you so admire payed to get where they are...... your countries budget isn't upto that of NY state alone let alone carlifonia and you expect their king of educational standards and health standards......SA alone is generating 10 times the electricity your country generates for a larger population......are you paying as much taxes as they pay,are you producing as much as they produce,are you as disciplined as they are?

Ordinary tax reforms the govt has brought you have all been crying and shouting that tinubu wants to kill everyone but you want to enjoy American standards without paying the price.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 7:22am On Mar 10

Shimmaa:
I don't understand, who owns the crude in our soil, is it owned by OPEC?

Oh my God!! Are you ficking kidding me right now?

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Shimmaa: 7:25am On Mar 10

Lithiumite:
Oh my God!! Are you ficking kidding me right now?

I'm not kidding you, educate me further.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Day169: 7:37am On Mar 10

Lithiumite:
It's barely a week bros,be calming down.....these things just dont happen by a whim,you need to calm down and study whats happening to crude prices currently and explore all options available before setting a process in motion.......do you have a budget for payment of subsidy? It's money you will use to pay subsidy and govt doesn't have inexhaustible pockets of that.

OK oo, oga Lithium cheesy

.. make I go "fo kan bale"..
Thanks for the exposé!

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by yesloaded: 8:09am On Mar 10

Lithiumite:
You are paying for that free education and health care through taxes,how many Nigerians pay taxes......also stop that horrendous lie that electricity is cheaper over there than we have here stop misinforming people and say only what you know.

Make the best use of your Google or ask those loving over there

Also, people pay taxes even on data that we use.

Those agbero collecting money from commercial transporter mp dey chop the money buy remitting some parts to the government while the transporter pass the burden to passengers whereas there's nothing of such in Canada. You pay more than 4k naira on every 1 bag of cement that you buy (according to dangote analysis). You pay tax when you shop in the supermarket, you pay tax when you subscribe your paytv, you pay lots of indirect taxes but yoh no go know.

Mind you, the salaries that government workers earn in this country is not worth it still they pay tax

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by WiseBizInvestor(f): 8:11am On Mar 10

Really, these are all rhetorical questions? What has happened to our Refineries?

jmoore:
Is Dangote the president of Nigeria?

Where is Tinubu, NNPC, Portharcourt refinery?

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by yesloaded: 8:12am On Mar 10

Lithiumite:
And where will the govt be getting extra money now to fund subsidy,if this persist any longer than 2 weeks,the govt would have been broke......don't you know if subsidyvwas still in place,govt bills will also rise as prices are rising and we would have been sleeping in petrol stations by now also there wouldn'thave been any dangote refinery........this are austerity times coming back and you need to be more economical with the use of petrol.

If they stop sharing money to their accounts to enjoy the holiday, we will have enough money

We've been shortchanged badly in this country

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by ebenezary(m): 8:20am On Mar 10

when Dangote refinery company want to speak to speak to Nigeria emotion - Dangote himself will grant media chat but when it reasons they increase the price, he allow all his foreign speakers to talk - Monopoly can not be taken out of him

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by surgical: 8:27am On Mar 10

Ayomid3h:
when Canada and other countries are selling their own higher prices

Continue blaming tinubu

I wonder how you grew up, you sound so undeserving as if you always expect to receive the short end of the stick
The reason we have government is to act on our behalf to make lives better, they interven and act when necessary
Now that there is dustruption in the international market, which is likely to impact the lives of Nigerians negatively it is the duty of Tinubu to intervain appropriately, luckily for him he is an oil producer ,check is that how Saudi Arabia allowed oil prices to just respond any how

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 8:50am On Mar 10*

yesloaded:
Make the best use of your Google or ask those loving over there

Also, people pay taxes even on data that we use.

Those agbero collecting money from commercial transporter mp dey chop the money buy remitting some parts to the government while the transporter pass the burden to passengers whereas there's nothing of such in Canada. You pay more than 4k naira on every 1 bag of cement that you buy (according to dangote analysis). You pay tax when you shop in the supermarket, you pay tax when you subscribe your paytv, you pay lots of indirect taxes but yoh no go know.

Mind you, the salaries that government workers earn in this country is not worth it still they pay tax

All these is what the new tax law seeks to regularise by harmonising the various taxes and. Rates so you have a bearing on govt finances nd eliminate all this illegal charges.......you nust be ready to pay taxes if you want all these you ask......nigerians are forever under the illusion that Nigeria is super rich which isn't true considering our revenues with our GDP......we aren't even as rich as texas a single state in the US.

When tax administration becomes effective, people will begin to get more involved in govt and hold them more accountable also govt would be forced to provide all the necessary amenities to enable you to be more productive to pay taxes......but right now fovt doesn't seem to care about the citizens much because they don't depend on them for income.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by yesloaded: 9:13am On Mar 10

Lithiumite:
All these is what the new tax law seeks to regularise by harmonising the various taxes and. Rates so you have a bearing on govt finances nd eliminate all this illegal charges.......you nust be ready to pay taxes if you want all these you ask......nigerians are forever under the illusion that Nigeria is super rich which isn't true considering our revenues with our GDP......we aren't even as rich as texas a single state in the US.

When tax administration becomes effective, people will begin to get more involved in govt and hold them more accountable also govt would be forced to provide all the necessary amenities to enable you to be more productive to pay taxes......but right now fovt doesn't seem to care about the citizens much because they don't depend on them for income.

Hold who accountable?

People who believe in using hoodlums to attack peaceful protesters?

Same government that control the judiciary the way they want?

Same people who use remote control to upturn the outcome of election in osun state?

Have you noticed the increase of VIO, FRSC, NPF on our roads recently? They see this time as the perfect period to make it in life because nobody will challenge them due to the kind of what's happening at the top

😂

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by bobbiiee: 9:15am On Mar 10

Market forces are currently at work. I wonder why I don't expect much from this administration. If they are selling to Dangote at the international price, they lack the means to regulate his rates. The country is engaged in business, and Dangote is doing his. The government did not set him up. If they genuinely want the nation experience a degree of ease, they should sell crude oil to him at the previous rate and, in exchange, receive a specified amount of fuel to be sold at the old rate.

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by HoleLickerz: 9:16am On Mar 10

jmoore:
Dude, REST!

USA, Canada has stable power supply. Households over there don't depend on generators to power their homes.

You probably charged your phone with a generator and you are posting this.

Petrol runs almost everything in Nigeria, so ripple effects will be worse compared to USA or Canada.

Well said. Make them hear

Re: Dangote Refinery MD, David Bird On Fuel Price (Video) by Lithiumite: 9:22am On Mar 10

yesloaded:
Hold who accountable?

People who believe in using hoodlums to attack peaceful protesters?

Same government that control the judiciary the way they want?

Same people who use remote control to upturn the outcome of election in osun state?

Have you noticed the increase of VIO, FRSC, NPF on our roads recently? They see this time as the perfect period to make it in life because nobody will challenge them due to the kind of what's happening at the top

😂

Oga!! You aren't reacting to these absurdities because you aren't heavily taxed and it hasn't gotten round.....by the time govt is taking 25% of ur profit or salary and that of everyone around you.....everyone would sit up and have one voice in holding govt accountable........50 naira per transaction is considered irrelevant by many, transport levies by drivers is considered irrelevant by those who don’t drive,market levies is not regarded as significant by those who arent Traders,many don't even know what PAYE is because they aren't in paid employment......but when this tax law becomes effective,it will touch everyone and everyone will feel bothered.

1 2 3 Reply

Dangote Refinery Appoints David Bird, Ex-shell Executive, As CEO • Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation • World's Largest Atmospheric Tower For Dangote Refinery Sets Sail From China (PIC • 2 • 3 • 4

I Will Give You Acute Email Ids Production Engine 10.3.5 Premium Unlimited • How Can I Make Money Online Without Owning A Single Product Of My Own • MIDOil To Build 100,000BPD Modular Refinery In Lagos