arantess:

Your mind go touch ground soon

Andvyou'll crawl around hopelessly

ShogunNoName:


SHUT UP

this is how you Yoruba behave !! Always defending evil when it comes to your tribes man

You Yorubas have pushed Nigeria into chaos. I just hope when the anarchy starts and everyone descends on your tribe you are brave enough to fight all the other tribes together?

Waazaga.

You be mumu what do u mean he is defending .

Can't u verify what he posted if it's true or false before condemning him??

U go school at all??

Lovit:
Why can't the FG return subsidy on DRL's petrol since importation cost is now out of the way

Give him crude in Naira, offtake from him at say N850/ltr and subsidized to Nigerians at say N600/ltr

what else are the citizens getting from Nigeria? Nothing!

Spot on analysis.

Afterall the crude oil is our commonwealth

nedu666:
If nnpc sells at 950, expect others to sell at 1200

Meaning the marketers will still have an option to import since it’s going to be profitable for them.

TruthsFM:
you now see the reality here. Unlike your clueless statistics you always post here that dangote refinery will ease the inflation decrease in Tinubu economy. Now with the current price of nnpcl, the inflation will bite harder than more than before.

Local refinery is suppose to ease the inflation, nothing wrong with our assertions, the problem is the dubious characters we have to deal with.

However, whatever inflation the dangote might reflect is temporary and on a short term under a normal clime,
the Naira deal hopefully should crash high demand for dollar, a drop in demand should strengthen the Naira ,
Also the export of Dangote pms is a huge plus to our GDP and surplus to our forex earnings, the ripple effect strengthens the naira

Overtime , Maybe Nigerians we feel that relief we need and longed for, thats if they let it be

Why is the cabal in NNPC frustrating the Dangote refinery?

Na wa ooooo. You married their daughter finished. Dem still dey tell you how you go dey make love to their daughter after paying for the dowry and, marriage rite and ceremony.
😪😪😪😪😪😪😪😪

lexy2014:


Is there landing cost inside locally produced fuel?

Nope it's not, but landing cost outrightly account for the crazy price of the imported fuel we are still currently using before dangote supply started yesterday

As dollar rise so also landing cost

Unfortunately Dangote cost of production is not that marginally different from imported ones

Blatant corruption, like in your face and there's nothing you can do about it kind of corruption. Smh

LadyExcellency:


Did you even read the statement and look at the chart? NNPC is making a profit margin of N26 per litre

This is pure wickedness, I mean after making profit from the sale of our crude to Dangote, they re making some more from selling refined PMS.
This has got to stop

God actually exist n not white or black but not in the form we were told. We c God in everything we do on a daily basis but somehow we expect him to break His own laws n principles for us. God=Law

"Heaven n earth will pass for my word to com back void" that's the God we are dealing with. U don't expect God to intervene after u have used your free will(vote).

For every action there is an equal n opposite reaction,u reap wot you sow - divine laws. Pray all u wan, curse all the government officials won't change a thing,its the law.

The tragedy here is it won't even get beta until the people change course. This is what hell is,Nigeria is Hell

efemena5050:
God don't listen to our prayers against our leaders....so don't stress urself........
.........in fact u tend to doubt the existence of God most times owing to the wickedness and selfishness of our leaders against the masses ....they hardly die of unnatural cause ,they enjoy their lives while the people suffer ....their children live to control us.......now tell me where is God in this .......People are suffering yet tunubu and his family are flexing ...other politicians are happy yet the people are suffering.....the pastors are silent bcus the members will always give them food.......so where is God in all this .....if not for the fact tht isreal nation are destroying their Arab neighbors I would have outrightly become an atheist.......but my conclusion is this .....God is for the white people not blacks.......Jesus was actually white .....isreal nation are more of white people ......so blacks.....O.Y.O

TruthsFM:
you now see the reality here. Unlike your clueless statistics you always post here that dangote refinery will ease the inflation decrease in Tinubu economy. Now with the current price of nnpcl, the inflation will bite harder than more than before.

I really find your comment amusing.

The fact is, if you want a better economy for Nigeria...manufactured goods and services is the answer.

It is because most of you are angry that i support subsidy removal that ye come and pretend i am an APC supporter, and project all sorts of ideas on my head.

Borrow222:


Good morning your eyes don clear now, you can see that you were attacking me with false figures and statistics. You've to eat humble pie.

Attacking who?

Na you wey be angry with me because I support subsidy removal

I am even pointing it out to you that your yeye government is still keeping the darn subsidy, but you no wan see.

Better wake up.

And stop being angry about things costing money.

VotingPolls:


https://www.facebook.com/100069065264965/posts/pfbid02cmesN9PwS2xyTTM3oJ6esfrPV41BXxVHgcWsnyQMF4iQ8Q9anYj5wcRHSDLA7nVVl/?app=fbl

God will judge you All before the end of this year

Now it is clear, that Tinubu came to end Nigeria.
I pray this government will not last till the next election.
Where are the gallant Soldier's?
Rise up!
And do what you did to Alhaji Shehu Shagari whose government was not as wicked and criminal as this government.

Eteka1:
with this new price, NO subsidy. Rather NNPC makes some gain per liter of petrol sold.

Your government is still paying subsidy.

You guys should stop believing everything government says.

Treadway:
s. The era of readily getting fuel anywhere is basically dead and gone for the foreseeable future. So much for fuel subsidy removal as a solution to all problems as touted by nairalanda1.

The solution to all of nigeria's problems is Nigeria becoming an exporter of manufactured goods and services.

Also, you still want to buy petrol at N30, per liter, hence your anger towards me

Northing like cheap fuel, and APC is still a curse to this country.

affable4:


How please?
Let NNPCL import theirs from Malta, subsidize and sell at 600 and let Dangote sell his at his own rate. That simple. Why did they leave the supposedly cheaper imported fuel for a more expensive locally refined one? Because the imported fuel wasn’t as expensive as they claim it to be. They inflate the subsidy just to cash out.

And get into trobule with the USA...?

chidiokay:


So where is the subsidy in all of these 950 per liter, except FG plans to intervene later and play the hero

When the government stops setting the price and stops paying shortfall, and leaves the price in the hands of the market, there can be said to be no subsidy.

How can you be doing local purchases in dollar na?! Which kind useless country be this!!.... Nigeria should take a tip from Saudi and Russia na.

LadiIshola:
Let's brace up for #1,000 per liter from independent marketers.
But why is Dangote trying to play hide and seek with the government and Nigerians? Was he expecting that the FG will continue to pay under-recovery on his fuel and make him save face? Come out and own up to your price, na you get your business abeg.
Which kind thing be this sef?

After spending over 20billion dollars to build a refinery.

Do u want them to ruin all his businesses in Nigeria

Advice is cheap until when taken into consideration.

Is like you have no idea of the game these people are playing.

LadyExcellency:


Did you even read the statement and look at the chart? NNPC is making a profit margin of N26 per litre

The more you see, the less you understand.

Ye government is still paying subsidy. Otherwise, fuel should be above 1100 naira.

nairalanda1:


The solution to all of nigeria's problems is Nigeria becoming an exporter of manufactured goods and services.

Also, you still want to buy petrol at N30, per liter, hence your anger towards me

Northing like cheap fuel, and APC is still a curse to this country.

lol. Subsidy removal no be the Magic bullet again? I was always for subsidy removal, what I was not for was your erroneous belief that it was sort of a panacea for everything. In the early days, I told you about how others made noise about local rice Vs foreign rice, how that didn't solve anything at the end of the day, how your noise similarly would fall flat on its face.

I don't give a rat's ass about your subsidy removal, I only give a damn about the devaluation of the naira at the same time...all my posts show that clearly, no need trying to 'twiss' it.

Good luck being a great exporter of manufactured goods and services with extreme poverty and high energy costs.....in lala land.
🤣

marifol:


Wetin be exchange rate matter with what is locally produced?? Them don tap ur brain soo bad u no even know how to think again

Don't insult the guy
He's correct
Dangote said the crude being refined presently was imported and locally priced crude will commence October 1 according to NNPCL
The real questions for me are why NMDPRA should charge N8 and NNPCL margin should be N26.
That's too high.
They should be called to order immediately
We can be vigilant towards October when the local crude delivery will start

Treadway:
lol. Subsidy removal no be the Magic bullet again? I was always for subsidy removal, what I was not for was your erroneous belief that it was sort of a panacea for everything. In the early days, I told you about how others made noise about local rice Vs foreign rice and how that didn't solve anything at the end of the day.

I don't give a rat's ass about your subsidy removal, I only give a damn about the devaluation of the naira at the same time...all my posts show that clearly, no need trying to 'twiss' it.

Good luck being a great exporter of manufactured goods and services with extreme poverty and high energy costs.....in lala land.
🤣

Like I said, projection.

Good morning.

chidiokay:



Local refinery is suppose to ease the inflation, nothing wrong with our assertions, the problem is the dubious characters we have to deal with.

However, whatever inflation the dangote might reflect is temporary and on a short term under a normal clime,
the Naira deal hopefully should crash high demand for dollar, a drop in demand should strengthen the Naira ,
Also the export of Dangote pms is a huge plus to our GDP and surplus to our forex earnings, the ripple effect strengthens the naira

Overtime , Maybe Nigerians we feel that relief we need and longed for, thats if they let it be

Whenever I read ignorant folks like you post how Dangote refinery will boost Nigeria's FX earnings and bla bla bla, I always laugh and shake my head in pity.
I see first hand how much millions of dollars Dangote has been making from exporting diesel,gas oil and naphta since June, how much has those export earnings helped the Naira?
You know why it has not helped the Naira in any way, it's because Dangote is a private company and all his export earnings don't stay in Nigeria, he's either settling loans offshore or placing it in an escrow account with JP Morgan. Put yourself in Dangote's shoe, will you put your hard earned FX in an unstable economy like Nigeria?
If your argument is that buying pms will save Nigeria FX spending then yes it would but it will also result into Nigeria losing FX earnings, because for every barrel of crude oil NNPC sells to Dangote in naira the alternative forgone is FX loss if the crude had been exported hence I feel the net effect is close to zero.
You guys should stop been unnecessarily optimistic cos this is Nigeria's reality now.

Where is NANS, are they not protesting again 😁😂😂, they did not see their mates in Bangladesh 😂😅😂

How can you sell petrol for 950 at 70k minimum wage. This is way beyond evil !!!

Mjshexy:
This wicked cesspit of corruption, this has been their plan all along

Their supporters are the double victims in this situation. They have been proven to be the gullible while still suffering the consequences of their absence of thoughtlessness in voting massive scale corruption into power. May God help us all.

I will willing join any protest against NNPC.

coleon:

Whenever I read ignorant folks like you post how Dangote refinery will boost Nigeria's FX earnings and bla bla bla, I always laugh and shake my head in pity.
I see first hand how much millions of dollars Dangote has been making from exporting diesel,gas oil and naphta since June, how much has those export earnings helped the Naira?
You know why it has not helped the Naira in any way, it's because Dangote is a private company and all his export earnings don't stay in Nigeria, he's either settling loans offshore or placing it in an escrow account with JP Morgan. Put yourself in Dangote's shoe, will you put your hard earned FX in an unstable economy like Nigeria?
If your argument is that buying pms will save Nigeria FX spending then yes it would but it will also result into Nigeria losing FX earnings, because for every barrel of crude oil NNPC sells to Dangote in naira the alternative forgone is FX loss if the crude had been exported hence I feel the net effect is close to zero.
You guys should stop been unnecessarily optimistic cos this is Nigeria's reality now.

At best if we want a strong economy, we have to export more than just oyel for starters.

bdon123:

That is not true...landing cost for lower quality pms is around 1100.Government was subsizing to bring it to around 700.Why cant govt subsidize jst 30% of wat itwas doing before to bring it to around 700.bear in mind we were subsidizing for neigboring countries too bt that will all become a thing ofpast...therefore cost of subsizing will be far lower.Its either that or giv dangote cheap crude to exchange for products.

What do you mean by lower quality?

This Dangote fuel burns faster than the one we are used to.
That is the shocker that awaits Nigerians
When you buy 50litres at 50k and finish it in three days

nairalanda1:




Your government is still paying subsidy.

You guys should stop believing everything government says.

you do the math. How much is NNPC buying from Dangote and how much is NNPC selling. So where is the subsidy there?