Praxis758:
When will Dangote’s refined crude hit the market?

Should we say the commissioning of his refinery was in rush for the Buhari’s administration to take the glory?

dominique:
You think the marketers won't sell at the same pump price as NNPC? Dey play!

nairalanda1:
So, it is time to see whether people who have taken up refinery licences would now commence work.

Also, Dangote seems to be maintaining radio silence.

Still, even with domestic refining, fuel ain't going to be cheap. Workers must be paid salaries that won't let them jakpa, and the refineries must be maintained, and government does not give any private firms money.

teepain:


The marketers do not need to sell at the same pump price that NNPC sells. In a strictly competitive environment it is NNPC that would die a natural death if it doesn't improve it's competitiveness. Like I predicted the "death" of NITEL some years back I foresee the NNPC dying naturally if the organisation doesn't re-invent itself.

Dsimmer:


I like this ideas. Those oil block owners should be removed too, if they don't have fuel stations.

Lastly, get the refineries working/privatise them.

Ayodeoba:
this country is in total mess and needs to be sanitized, if not it would be difficult for any govt to deliver even if they have good intentions

FreedomArmy:
why can't government owned refineries work. Is it rocket science to make it work?

HacheNoire:
The dividends of subsidy removal is guaranteed. It’s just a matter time, and competition will set-in and market prices will start dropping.

It’s was envisaged that present hike in prices will come to play, and will have a duration.


His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) has that road map, and all well meaningful and educated Nigerians, believe his roadmap.

The future is now, and Asiwaju is piloting affairs.

Praxis758:
When will Dangote’s refined crude hit the market?

Should we say the commissioning of his refinery was in rush for the Buhari’s administration to take the glory?

nairalanda1:
So, it is time to see whether people who have taken up refinery licences would now commence work.

Also, Dangote seems to be maintaining radio silence.

Still, even with domestic refining, fuel ain't going to be cheap. Workers must be paid salaries that won't let them jakpa, and the refineries must be maintained, and government does not give any private firms money.

Bobloco:



https://punchng.com/nnpcl-monopoly-ends-as-marketers-fuel-vessel-arrives/?amp

HacheNoire:
The dividends of subsidy removal is guaranteed. It’s just a matter time, and competition will set-in and market prices will start dropping.

It’s was envisaged that present hike in prices will come to play, and will have a duration.


His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR) has that road map, and all well meaningful and educated Nigerians, believe his roadmap.

The future is now, and Asiwaju is piloting affairs.

kay10:
Pls i dont understand,How will price of petrol goes down when dollar is rising everyday,is it not the same forex they will use to purchase petroleum products.I think it time for us to face the reality
The solution now is to start granting emergency licences to new investors willing to build refinery in Nigeria since the ones we have are not ready to work despite huge amount being spent on them
The government should allowed foreign investors to take over our 4 local refinerys with the petrochemical refinery since it can't be revived by Pdp and Apc government
The government should not depend on dangote refinery to be a major player on the this sector as another monopoly might set in.
What we should be thinking now is healthy competitors among our refinerys

nairalanda1:
So, it is time to see whether people who have taken up refinery licences would now commence work.

Also, Dangote seems to be maintaining radio silence.

Still, even with domestic refining, fuel ain't going to be cheap. Workers must be paid salaries that won't let them jakpa, and the refineries must be maintained, and government does not give any private firms money.

sniperr007:


My question is how much will the government be selling crude to the local refineries in the country especially Dangote. Will it be paid in dollar or naira?

Praxis758:
When will Dangote’s refined crude hit the market?

Should we say the commissioning of his refinery was in rush for the Buhari’s administration to take the glory?

Themandator:



Nnpc is not dying anytime soon . It is a behemoth that controls the narrative... Nigel wasn't working before gsm came and finished it off


Nnpc is in the game as a father.... Anywhere the others can go to get the pms , nnpc will not just go but also get right of refusal... With depots to be reactivated all over the geopolitical zones who can dare nnpc?

Gkay1:

Yes, presently I'm in dangote refinary, working as structural fitter, the truth is """ DANGOTE REFINARY WILL TAKE ANOTHER ONE YEAR BEFORE PRODUCTIONS.
95 percent of the tanks are ready, but the major productions centers are not ready, cdu, ccr, b2, nht, mhc, msd, flare, sru, ppu etc.

nairalanda1:


Most likely close to international prices.

nairalanda1:


Well, business people need to make money to pay their workers a competitive salary, that won't make them japa to other companies or abroad, and to pay for all the equipment they use, their maintenance, and any necessary upgrades.

Government does not pay them anything...


Or would you sell at a loss to help the poor?

Poleski:


Are you saying price of fuel should still be expensive even if we refine our oil?

nairalanda1:


How would the owners of the refineries pay for maintenance costs, plus the kind of salaries that would prevent workers from leaving for foriegn oil companies (they do, well well).?

Things cost money. NNPCL is now a private company too.