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Dangote Refinery Reduces Fuel Price To ₦1125/litre - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessDangote Refinery Reduces Fuel Price To ₦1125/litre (9219 Views)

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Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Lithiumite: 6:22pm On Jun 25
HIGHESTPOPORI:
How much did tinubu meet price of fuel?
How much did obi meet school fees?
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by nairalanda1(m): 6:23pm On Jun 25
CharleyBright:
And the evil marketers are still selling about N1300 and ripping off customers.
Nigerians are our own problems.
I take it that you are a businessman who allows your customers set your prices all the time, or you allow government to set your prices?
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by spencekat(m): 6:25pm On Jun 25
Kingpele:
It should be reduced to atleast 700 since the USA and Iran war is technically over
Was it at 700 before the war?
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Lithiumite: 6:28pm On Jun 25
nairalanda1:
Security and electricity are still bad and corruption is bad and the economy is still oil dependant.

And you want us to vote for four more years of that?
Saudi,qatar,UAE even russia are all oil dependent nations,apart from Russia which is non opec,oil contribution to our gdp is one of the lowest in opec,it's just 5% of gdp so you know that service and agric sectors dwarf oil in our gdp contributors .......go learn about your own country and economics so you stop showing your ignorance....you people have next to zero knowledge of everything, politics, governance and economics and you claim you want to fix what you don't even understand.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Lithiumite: 6:30pm On Jun 25
lapintoz:
This is what you get when a dullard is the leader of supposedly industrial people.

A blind can only lead the blind.

Pronto
And you are what you get when iredemable neo fascist ideologues with supremacists mentality think they know it all.....they keep disgracing themselves at every turn.....are fuel prices coming down or not,you can't even acknowledge that due to hate.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by tnerro1(m): 6:32pm On Jun 25
This na the new 419 for Nigeria be this
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by nairalanda1(m): 6:35pm On Jun 25
Lithiumite:
Saudi,qatar,UAE even russia are all oil dependent nations,apart from Russia which is non opec,oil contribution to our gdp is one of the lowest in opec,it's just 5% of gdp so you know that service and agric sectors dwarf oil in our gdp contributors .......go learn about your own country and economics so you stop showing your ignorance....you people have next to zero knowledge of everything, politics, governance and economics and you claim you want to fix what you don't even understand.
It's like you don't understand

Being an oil dependant nation is a sign of failure. If you have no industry, and others are making things for you, just know that you are their slaves

That's why Libya under ghaddafi fell so easily. Ghaddafi used the oil money to give his people the good life and forgot to build up the productive capacity . All his weapons and planes were bought from abroad or built with foreign help.

The problem I have with most of you on this site is that you do not realise that your government is failing you badly by not improving and taking the hard decisions to make our country productive. And please don't tell me about what. Tinubu is doing, when he is stifling growth in the power sector by not deregulating it...which in turn stifles our economy

All of you guys , regardless of Tinubu and Obi and Atiku are so oil concentrated that you cannot see that it is killing our nation and making us weaker and dominated by the day.

In the Bible, it was said that at one time, the people of Israel had no means of making iron weapons because the Philistines their overlords had removed all their blacksmiths and as such the people were forced to go to the Philistines to see a Philistine blacksmith to sharpen their farm tools. Not even to make them tools or even implements of war.

We are modern day ancient Israelites and we are using oil to pay for our servitude to today's Philistines. All of us Africans

Even Russia that you mentioned. Putin is not happy that they are oil dependant and he said so.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by nedekid: 6:37pm On Jun 25
Lithiumite:
All the obidients shouting tinubu is stealing your petrol money,prices are going down and will get back to the pre war rates should take note......propaganda can and will never help your candidate win and you guys crass ignorance about basic economics shows you and your leaders can't solve our problems.....how can you claim you can fix what you don't even understand.
Are you better under tinubu?
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by bazrule1(m): 6:37pm On Jun 25
This man is very wicked and should not be given this type of economic power.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Lithiumite: 6:37pm On Jun 25
ogolemati:
grin grin grin grin grin grin grin grin grin grin grin grin if you are the one that emptied your bullion vans on your touts to grab snatch and ran away with power,won't you want to recover it back
I don't have stable electricity I agree but I will still vote PBAT in 27 as he has convinced me severally he knows what he is doing and he has so many positives we can point to.

How many of your life ambitions have you achieved or how many promises to your children or your parents have you fulfilled in your life time.....have they disowned you for your failings?
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Lithiumite: 6:39pm On Jun 25
nedekid:
Are you better under tinubu?
Yes I am better and nigeria is better under him as we speak,our economy is far more stable and more prospective under him than his predecessor before.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Antoeni(m): 6:40pm On Jun 25
Dangote is Just Twekling Nigerians , Tolling With Their Emotions
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by ogolemati: 6:42pm On Jun 25
Lithiumite:
I don't have stable electricity I agree but I will still vote PBAT in 27 as he has convinced me severally he knows what he is doing and he has so many positives we can point to.

How many of your life ambitions have you achieved or how many promises to your children or your parents have you fulfilled in your life time.....have they disowned you for your failings?
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin chai I forgot

Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Heffalump(m): 6:44pm On Jun 25
Dogalmighty17:
Crude oil is 73 dollars per barrel now. Fuel price should still come lower.
Before the US/Iran war, oil was hovering around $80 and we got fuel less than #1000. Nigerian businessmen are too selfish.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Lithiumite: 6:46pm On Jun 25
nairalanda1:
It's like you don't understand

Being an oil dependant nation is a sign of failure. If you have no industry, and others are making things for you, just know that you are their slaves

That's why Libya under ghaddafi fell so easily. Ghaddafi used the oil money to give his people the good life and forgot to build up the productive capacity . All his weapons and planes were bought from abroad or built with foreign help.

The problem I have with most of you on this site is that you do not realise that your government is failing you badly by not improving and taking the hard decisions to make our country productive. And please don't tell me about what. Tinubu is doing, when he is stifling growth in the power sector by not deregulating it...which in turn stifles our economy

All of you guys , regardless of Tinubu and Obi and Atiku are so oil concentrated that you cannot see that it is killing our nation and making us weaker and dominated by the day.

In the Bible, it was said that at one time, the people of Israel had no means of making iron weapons because the Philistines their overlords had removed all their blacksmiths and as such the people were forced to go to the Philistines to see a Philistine blacksmith to sharpen their farm tools. Not even to make them tools or even implements of war.

We are modern day ancient Israelites and we are using oil to pay for our servitude to today's Philistines. All of us Africans

Even Russia that you mentioned. Putin is not happy that they are oil dependant and he said so.
Your superfluous innuendos hold no water in the real world,your utopia is grossly outlandish and absolutely dysfunctional,is it in 3 years that Nigeria will become a self sufficient nation after several decades of negligence.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Bittersweetnig(m): 6:55pm On Jun 25
Dogalmighty17:
Crude oil is 73 dollars per barrel now. Fuel price should still come lower.
dangote just whining Nigerians úp and down,
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by toffyz(m): 6:56pm On Jun 25
cr7lomo:
These guys just de defraud us non stop...Tinubu will never rule again
Dey play my brother
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Echika01: 7:01pm On Jun 25
Lithiumite:
All the obidients shouting tinubu is stealing your petrol money,prices are going down and will get back to the pre war rates should take note......propaganda can and will never help your candidate win and you guys crass ignorance about basic economics shows you and your leaders can't solve our problems.....how can you claim you can fix what you don't even understand.
yet you are afraid to let the same people leave the country and achieve BIAFRA
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by nairalanda1(m): 7:03pm On Jun 25
Lithiumite:
Your superfluous innuendos hold no water in the real world,your utopia is grossly outlandish and absolutely dysfunctional,is it in 3 years that Nigeria will become a self sufficient nation after several decades of negligence.
When I say all of you Nigerians are alike, you go dey abuse me, all of you.

Conscience is an open wound, only truth can heal it.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by nairalanda1(m): 7:05pm On Jun 25
Kind of funny to see Nigerians asking for something that eventually led to the problems we have economically.

But one thing I have found out, Nigerians do not like hearing the truth. Na lies and conspiraces dem dey love pata pata.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by LibertyRep: 7:08pm On Jun 25
See whining. Alaye reduce to. #750 joor

The independent marketers with licence should import and crash the price.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by maddman: 7:18pm On Jun 25
CharleyBright:
And the evil marketers are still selling about N1300 and ripping off customers.
Nigerians are our own problems.

Since price dropped in international market, fuel stations have refused to bring down pump prices, and they are claiming they need to sell off old stocks. Let the prices go up now, they will increase immediately now minding it is old stocks.

This rubbish is what you get when there are no price regulatory bodies.
Nigerians are as evil as their leaders.
I swear. Our leaders are just a reflection of who we are

I just bought 1350 here in South East cry
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Mathewrichard99: 7:22pm On Jun 25
Forget Obi, they are all sleeping mate with the current emilokan deity in power. However, if you are boy boy of emilokan, tell your principal and his cohorts that they are wicked, very demonic human being they are....when fuel was going up due to Iran war, your emilokan father could have used that period to gain more people to like him by lessen crude oil price being supplied to dangote by NNPC and instruct dangote to sell cheaper to the citizens....that's an indirect way of helping people and will go round instead of giving peanuts to his own cronies and you since you are all beggars. Now, why can he speak to the likes of Dangote etc to reduce their price drastically since international crude oil price has fallen and still falling whereas it took them seconds to increase the price when price of crude was going up...your principal is a born devil, I swear.....

Lithiumite:
All the obidients shouting tinubu is stealing your petrol money,prices are going down and will get back to the pre war rates should take note......propaganda can and will never help your candidate win and you guys crass ignorance about basic economics shows you and your leaders can't solve our problems.....how can you claim you can fix what you don't even understand.
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by EPIJOE: 7:22pm On Jun 25
Still not enough, Dangote is a thief, how much was crude when the way started? $70 and fuel was around #770/liters
Same $73 crude we are buying at #1125/liters this dangote guy is just using us to get his Forbes.

No regulatory body in Nigeria. Honestly NNPC is soo useless no functioning refinary
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by BigYash: 7:45pm On Jun 25
How is this reduction? Make he leave am as e dey before. They will remove #50 and add #250 with they want to increase
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by worldpeacetoday: 7:46pm On Jun 25
malali:
The pattern is becoming hard to ignore: prices move up quickly with market shocks, yet relief downward tends to arrive slowly and with layered explanations, crude benchmarks, logistics adjustments, and “coastal parity” revisions, rather than a clear, transparent formula the public can track in real time.

In a deregulated environment, that kind of opacity matters. When one dominant supplier effectively sets the tone for national pricing, it stops being a simple market response and starts resembling price leadership without meaningful checks.

Subsidy removal was meant to eliminate distortions, not replace them with unaccountable volatility. Energy pricing in a country this dependent shouldn’t hinge on unilateral adjustments communicated after the fact. Even without subsidies, the state still has a duty to enforce transparent pricing frameworks, publish cost build-ups, and ensure competition actually exists in practice,not just on paper.

Silence from regulators only deepens the perception that oversight has been outsourced, while citizens absorb every swing at the pump.
Bro you should be minister of Petrol you have seen them finish
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by buygala(m): 7:53pm On Jun 25
EPIJOE:
Still not enough, Dangote is a thief, how much was crude when the way started? $70 and fuel was around #770/liters
Same $73 crude we are buying at #1125/liters this dangote guy is just using us to get his Forbes.

No regulatory body in Nigeria. Honestly NNPC is soo useless no functioning refinary
I am not a fan of Dangote and his business practices, but calling him a thief is you asking for trouble

If Police or DSS hold you now ask you wetin Dangote tif and for you to show proof that he stole that thing, shey you get proof abi you go kuku rest for Kuje prison?
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by millhouse: 7:56pm On Jun 25
So slow in going down , but quick to go up
Re: Dangote Refinery Reduces Fuel Price To ₦1125/litre by Parachoko: 8:14pm On Jun 25
nairalanda1:
Security and electricity are still bad and corruption is bad and the economy is still oil dependant.

And you want us to vote for four more years of that?
Who's the alternative?
1 2 3 4 Reply

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