Solofresh2:
Earlier today,NNPC has decided to come out clean with the price they bought fuel from Dangote at N898/litre but Dangote claimed it not true, without stating the price they sold it to NNPC.
Dangote here is the problem because I won't be shocked if that's actually the price they bought it
Dangote is a confirmed monopolistic businessman.He is a cabal as well

Penguin2:

You want us to see that you have met Saraki and GEJ. We have heard, oya come and be going.

But the fact that you criticized both GEJ and Saraki shows how poor your judgment is.

I’m sure you were criticizing them for Tinubu. Are you proud of what he’s doing now?

Is he not doing times one million of what you criticized GEJ for?

Ceeman2o:


If they removed it completely. You gained nothing as a citizen. Just like you're gaining nothing now than pains and high cost of living. What will happen os that there'll be more of Faac to share to states just as they're doing already. The states governments in turn takes it's time to embezzle them just as they're doing now. Did you notice any usefulness or great development and utilization of increased allocation to the states? Some of them even can't pay the new minimum wage despite the increase allocation.


This are the only way common man benefits from the common wealth of the nation.

Subsidy or no subsidy corruption nd embezzlement will never leave Africa cos of greed.

docdes:
Very revealing. Now, I understand the reason for many instances of demolition though I still think that demolition should be done with more of human face.


Hi guys!
Isn't it too low and lazy of us to be turning every learning opportunity into toxic ethnic banters that benefit no one? Shouldn't this be an opportunity to exchange ideas among young people seeking a better country? Are you sure we are not being worked against ourselves? We need to change this attitude because it's behind at least 80% of our problems in this country.
Most people are not seeking a better country, they just want their kins man to be in charge.

Nlfpmod.

dalongjnr:
Nnpc should hijacked everything.
Very wicked marketeers causing problems everywhere.
1.illegally reducing liter volume.
2.Causing artificial scarcity.
3.Sale at an inflated prices,way above quoted regulated Price.
4.sales adulterated products to destroy car engines,etc.

dalongjnr:
Nnpc should hijacked everything.
Very wicked marketeers causing problems everywhere.
1.illegally reducing liter volume.
2.Causing artificial scarcity.
3.Sale at an inflated prices,way above quoted regulated Price.
4.sales adulterated products to destroy car engines,etc.

pryme:
I was hoping the main reason NNPC was the sole buyer of petrol from Dangote was to subsidize which will be a miniscule amount compared to what they are paying now for foreign imports. If not Govt (disguising as NNPC) should get the fkuc out of the way and allow the market take care of itself.

MEEVEET:
The fact that Mba Otti, n soludo said they haven't borrowed a penny n are working like this shows Nigeria can work on little

When would We in IMO have our own miracle governor, the last election no reasonable person came out

Emeka Ihedioha is just there another career politician
Otti have $125m

Would landmark owner Consider giving IMO state 8 years?

miiraaj:
I still don't understand this arrangement oooo.

Why should NNPC be the sole distributor of petrol from a private refinery of someone you once accused of monopoly in Nigeria, for a product you claim to be fully deregulated?

This whole NNPC-DANGOTE rigmarole raises a lot of doubts, on the intent of this administration in providing affordable petrol to Nigerians.

I think both NNPC and DANGOTE are looking for an exploitative advantage.

Brendaniel:


Because your present government is not being truthful....

Dangote is a business man, his primary focus is to make money, your government is not being truthful with the whole petroleum issue...

ubox:

Cheaper and diesel was selling 1,600 before Dangote

Brendaniel:


Because you have a deceitful president...



If you think Dangote is the problem here then you don't really know what is going on, is Dangote not selling to other countries, does he have any issue with them?

madridguy:
Try and get small shame.

fuckingAyaya:
If he had built a single school dollar won't be 1650 today
If he had built a single school there won't be hardship and hunger today
If he had built a single school companies wouldn't have left this country
If he had built a single school people won't be committing suicides because of hunger
If he had built a single school there wont be fuel subsidy scam
If he had built a single school banditry and kidnapping would have been a thing of the past
If he had built a single school petrol won't sell for 1200.etc........
Peter Obi really messed things up by not building school

symbianDON:
how can it be cheaper when Dangote sells for N900?? Are the marketers landing diesel at less than N900?? All I see here is sabotage and nothing else! The marketers seem very upset so reasons they are not saying.

Snrman1:
Who will believe this

Lumarstone:
Those places are treakable..!

Kcrays:
What's the cost of living in Aba? I'm relocating to Aba from delta state. I need a 2 or 3 bedroom flat around ogborhill. Budget is 25 to 30k.

yinkus6750:
Words are easier said than done.
Motivational speakers fail to practicalise what they preach, though, what works for A might likely not work for B.
Wisdom is essential in whatever we want to do, coupled with God's guidance and blessings.

fineboynl:
Cost to buy from malta is in usd.
Taxes to malta government
Insurance cost
Shipping cost.
Landing tax cost.

If we remove all of this. Fuel from dangote will sell below 400. NNPC don’t want dangote to expose all the subsidy fraud.

Lipscomb:
You aren't following .At this stage Dangote as a business owner need to be very careful a business man can't play game with state actor. Of course government ready to destroy your business and if he press for a conference he will just destroy his company

brain54:


Dangote's selling price is not the issue for now...

Since he hasn't told you how much he is willing to sell.

It's nnpc that is playing games here.

If Dangote's price is higher nnpc would have stated that by now.

NNPC hasn't given any reason that holds water what stops them from buying.

Dangote has invested a lot of money in that refinery and appears eager to sell... Nnpc appears eager to not buy and frustrate any deal.

Read body language. The onion doesn't fall on Dangote to end the scarcity but on the FG!

brain54:


If he sells internationally...

Economies of scale would be at play - Selling domestically allows Dangote to optimize logistics and reduce transportation costs.

That's what I meant by reduced profit margins!