This tells us that the landing cost of the imported fuel is less than the current price.
Because they had claimed that the landing cost of fuel had risen above N1,000.

As a business person, if it is more expensive to import, I will rather buy the cheaper one locally. But NNPC has driven the price so high so that they can continue to make the same money they were making from the subsidy scam.

People are supposed to protest against NNPC and the oil cohorts who are determined to drive the people 6 feet under for personal gains. Those in charge of our oil sector are the most selfish and corrupt sect this country has ever seen. And even the government has lost control of that sector.

They are not importing because they are waiting for Dangote fuel. They no wan incure loss.

Same thing happened with diesel.
They were selling as high as N1,700 per litre shortly before Dangote diesel hit the market.
Now diesel sells for around N1,250.

Kobojunkiee:
Clear give away to what? The previous administration engaged in oil swaps to the tune of about $25 billion and likely about $13 billion of that money was used to aid Dangote Refinery. Dangote was likely aware of what this meant to his sourcing of crude from the same government. Late last year/early this year, NNPCL delivered about 1 million barrels of crude, at least, to the refinery. So, na magic we dey expect to happen for this country abi wetin?

He is not getting the crude oil for free.
If Dangote requires 15 supplies, but has only received 5 this year, as a business person won't you take your money elsewhere to purchase?
Do not say you are unaware of the crude oil thefts happening that the NNPC and security agencies seem to be complicit in.
For NNPC to now turn around and claim that everything produced is used to service debt...
How about the numerous reports of NNPC not remitting funds to the FG for several months at a stretch...

Kobojunkiee:
That one na pipe dream!

Note that diesel was selling at around N1500 before Dangote diesel hit the market.
The prices went down gradually to N1190 at local filling stations, and it would have gone lower based on the price of N940-N980 if the foreign exchange rates didn't go back up.
They don't care too much about the diesel or aviation fuel because the consumption is far lower than petrol.
Now that he is poised to supply petrol, they are all foaming at the mouth. Petrol is where the real oil money drips.

Hedonisco:
Useless country.


Somebody built this kind of refinery in Nigeria, and then the next thing we are hearing - from an incompetent government appointee for that matter - not even from independent experts, is that he is producing substandard diesel.... To justify the corrupt animals to continue importing their diesel. As if it is not bad enough that they cannot supply the crude feedstock to the refinery, such that he has to start importing crude!

The country is depressing.

That inability to supply crude oil is the clear giveaway. As in, a refinery in an oil-producing country has to import crude oil to refine?

We can export, but we cannot supply one local refinery. So if they bring up the other refineries, they would still be unable to supply them crude oil?
Infact, there is no plan for us to refine our own crude.

spiSeyi:
Dangote has suddenly become the true friend of gullible masses when he saw the handwriting on the wall that PBAT won't tolerate monopoly like OBJ,PMB & GEJ or sacrifice another IBETO for him . The funniest thing is that the gullible masses has quickly forgotten how Dangote milk them dry and kill many businesses which led to unemployment of most of them . I no pity Dangote he should also have a taste of what he did to IBETO, Portland cement and other manufacturing firm this time around

In all these, it is the average person on the street that suffers. If Dangote will supply petrol at even N500, the whole country will queue up to buy. How much did fuel sell for this week? Above N700.
Even a small reduction in fuel price will bring succour to people...and even bring down food prices.
Nobody stopped the FG from importation, but they are threatened because they know that the price at which we buy is exorbitant and they would lose control of that petrol sales which lines their pockets.

Vocabulary is dead.

Education, to whatever level is not scam.
Clearly, this guy has gone through school.

yakson84:
it is better to marry them off than to be use as baby factory or as prostitutes in italy

What's the difference?

Reps that salivate when they hear dollars.
They would have demanded hefty amounts in millions of dollars.

That is Desmond Elliots cousin.

laptopsforsale:
Please does anybody know how I can get to this address of Konga office from Ketu: Konga Online Nigeria Ltd. 3b Cocoa road, off Akilo Rd

I am a vendor with them, but they have refused to pay me since 4weeks now despite several mail entreaties to them. So I need to go and understand why

But why not send them an email stating your kongapay account?
Half the time, the staff sitting in those offices are not well versed in the workings of the platform.

Nipco filling stations in abuja have been reducing the price of diesel for about 2 weeks.
N1,370
N1,320
N1,270
N1,190 as at today.

So I'm sure there will be further reduction as we go.

It's because you have money.
They ask for 200k, you send.
They ask for 500k, you send.
They ask for 1 million, you send.

This time when they call again, you tell them that all you have home and abroad is 20k.
If they want, you send it.
And you are still paying loans you took to help offset debt the last few times.

Also, don't send any monthly allowance this month. When they ask, tell them that those you collected loan from came to drag..
What you have on you is just 2k for transportation to work. You don't know how you will eat.

You don't know how to line up your problems and challenges??

Cc: Kinginthenorth

So they just want to witch-hunt legitimate business people? Distributors are not responsible for the high cost of goods, and if you have the funds, you buy in large quantity and store in warehouses while you sell daily.

Companies have increased prices of goods.

The producers of softcare diapers and sanitary towels have increased prices TWICE this month (February).
The producers of Waw detergents have increased prices TWICE this month.
The producers of Viva Detergents have increased prices this month.

While a host of other companies have done same.

This is not the fault of the distributors who own warehouses.

The love stems from respect.
Most men are respected by the womans family, and are treated accordingly.

A lot of women face automatic disrespect and condescension from the mans family. They heap a lot of unrealistic expectations from the woman and in many cases, continually treat her like an outsider.
You cannot love people who don't treat you well.

Welcome a lady into your family. Make her feel comfortable and loved. Get to know her as a person and wish that your son/brothers marriage succeeds.
She is not an automatic housemaid or house servant.

This CBN, always blaming banks...whereas they are the ones releasing guidelines for them to follow.
They are the regulators.
They are the ones releasing funds to the banks and also instructing them on what to do.
Yet, they go to the media and tarnish the images of the banks, blaming them for following guidelines and still punishing them for doing as instructed.

Banks will always be CBNs scapegoats.

That's how someone killed Christina Grimmie because he was 'in love' with her.

It's like you pick calls too much.
You are too accessible.
I'm sure he calls you everyday.
Someone that you should talk to maximum of once a week.
If he asks for money, send 10k. Maximum 20k.
I hope you didn't place him on some kind of monthly salary ooo

ambient:


you are confusing yourself,landlords count from the day you paid your rent,that is 15th september to 15 october makes it a month,count it for 12month,but he or she can plead with the lanlord to start from a the 1st of the next month.

Everybody counts from the day you pay.
By your own logic, if 15th october makes it one month.
15th oct-1
15th Nov-2
15th dec-3
15th Jan-4
15th Feb-5
15th Mar-6
15th Apr-7
15th May-8
15th Jun-9
15th Jul-10
15th Aug-11
15th Sep-12

I can't believe we have to spell this out kindergarten style.

ambient:


Of you paid on the 16th, your money starts counting same day you paid na,or you want to live in landlord's house for free for a month?

One month is 30days.
If you paid one month rent on 16th September, when does it expire? 15th october.

You cannot count September as one month, considering that you have not yet stayed up to 30days. Or will you count 1-15th october as staying for free?

If you insist that the month starts counting from 16th September when paid, you are saying that as at 16th September, you have stayed there for 30days.
Whereas, it is by 15th october that you clock 30days.

So you start counting for the year in october.

stacyadams:


No be person wey don fit buy one derica of rice 950 chop first go begin buy dog for this economy

Ok o.
Buy Cat...

Have guard dogs.
More than one in your compound that you only release at night.
And if your street is cooperative, there could be street guard dogs that are well trained and only released at night.

Bigkoko:
I know a military contractor here in West who for as little as $1m USD, he would rid the North off bandits and terrorists within as little as two months. Him and just 200 men he will train. The rest will be handled by drones and UAVs.....

I personally have seen some of his acts in several African Countries.

If you guys can crowd full, let me know so I can open a channel of communication! Otherwise, y'all should stay safe and not get killed or kidnapped!

You want people to crowd fund $1Million?
As in one million dollars??
If the contractor is sure of himself, let him bid with the military for the job.

Pan fried irish potato...with beef sauce.

Today, Christmas day.

Lordave:
I'm interested, Requirements?

PM sent.

Lordave:
God I missed this!

Are they still available for adoption?

Hi,
I have a little cat for adoption.
Location is Kubwa, abuja.

Reason: Relocation

Cc: jazzyjazz

10% or your annual net salary, or maximum of 2 months salary.
Anything more will be above your means.

So, a police officer has the right to order you to go and live with your abuser?

All these scholarships to study abroad should stop.
There are private universities here they could have attended and done well.
They would have been close to family and friends and been able to make a life for themselves.

Look for a roommate.
Split that cost.

Also, how can you be squatting, and be building a house in the village?
You think your host doesn't want to build a house too?

Also, i suspect that you told your parents your salary. That's why they are calculating all the things you need to do.

aeu1:
*- They have a 1% funding fee (same like Gotok before).*
Please if I get you: do you mean that anytime I fund my naira account, I will be surcharge 1% of the amount as fees?
..

Anytime you swap funds to USD, or fund your USD card from your naira account