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Lithiumnigeria's Posts

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Politics / Re: Aliko Dangote: Our Petrol Price Is 15% Cheaper Than NNPCL’s Imported Fuel by lithiumnigeria: 8:23am On Sep 24
Beremx:
Dangote and NNPCL are playing hanky panky games with Nigerians. Una never tell Nigerians the truth of what's going on between you too.

Make una continue

Everything is clear, you just don't want to believe the truth. Dangote is not clean.
Don't trust Dangote
Don't trust Dangote
Don't trust Dangote

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Politics / Re: NNPCL Confirms Buying Petrol At ₦898 Per Liter From Dangote Refinery by lithiumnigeria: 7:13pm On Sep 15
figment232:
This is very heartless indeed, all our expectations for at least N500/litre finally dashed. Then what is d need for Dangote refinery on our soil if i may ask. Na God go help the poor.

When we tried to explain this thing 5 years ago, we were called enemies of progress.
Refining PMS worldwide is a very very low margin business. Refineries normally take like 4-5 Months Forward PMS Off-take Contract so that they can also do forward purchase of crude. It’s a liquidity business.
Somehow, Nigerians were erroneously convinced that it will be cheaper.

As it is, it is obvious that NNPCL is even doing Dangote a favour by being the sole offtaker.
Dangote needs liquidity. Only NNPCL can give him.

11 Likes 5 Shares

Politics / Re: NNPCL Confirms Buying Petrol At ₦898 Per Liter From Dangote Refinery by lithiumnigeria: 7:13pm On Sep 15
Bbg
Islam for Muslims / Happy Mawlud by lithiumnigeria: 7:22am On Sep 15
Warmest greetings on Maulud Nabiyy! May the blessed day bring peace, joy, and prosperity to you and your loved ones. May the teachings of the Prophet Muhammad (PBUH) guide us towards compassion, wisdom, and righteousness.
Business / Re: Dangote Refinery Playing Emotional Blackmail, Nigerians Swallowing It – Adeoti by lithiumnigeria: 7:50pm On Sep 13
wirinet:


Flesh and blood did not reveal thus secret to you but the holy spirit. Refinery business around the world is not a profitable business, unless of course you secure a source of cheap crude, either by stealing or other underhand tactics.
Why dangote decided to pump in billion of dollars into the refinery business instead of other more profitable and less volatile business is a mystery to me.
You must be very smart, running financial models of these processes is what I do for a living. Infact, revealing these tips is a disservice, you can’t resist the urge attimes.
Business / Re: Dangote Refinery Playing Emotional Blackmail, Nigerians Swallowing It – Adeoti by lithiumnigeria: 3:11pm On Sep 13
Guestlander:


Dangote should open gas stations all over Nigeria? The oga analyst is not more or less a Nigerian than Dangote, perhaps he should build his own refinery as well and also build the gas stations all over Nigeria to sell his products.
Some experts.

Dangote to open gas stations?
Refineries in the world need about 3 Months down payment to have liquidity so they can do forward payment for crude.
Dangote will only open gas stations when all Nigerian vehicle users can pay their 3 months petrol demand to his station, how possible is that?
I don’t think if there is any marketer other than NNPCL capable of that. He needs NNPCL more than NNPCL needs him.
Refineries are globally a low margin business. I don’t know who corrupted our brains that it’s a highly profitable venture.
Lols, majority of Nigerians think downstream business is tomato business.
Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by lithiumnigeria: 6:35pm On Sep 05
Hussen240:
University of Abuja
National institute of Cancer Research
University of transportation, Daura

Are currently sharing APLs...

Good Evening Sir, Please check your mail
Crime / Re: Police Parade Shi’ites Members Arrested Over Clash With Officers In Abuja by lithiumnigeria: 5:59am On Aug 29
STEWpid:

C
h a i..

STFU and stop advertising your stupidity






Their single whole life desire is to be a Saudi Aribanza. This is because the only thing they know is how inferior they are to the Saudi Aribanza's people and culture.

A prayer is really a sin if it does not connotes 95% of Arabeek recitations.

They even believe that Arabeeki is the Only language that angels and God himself will use to communicate with you before you can enter heaven!

But shior,,

The Saudi Arabians doesn't want to be them or even identify with them!



Personal slavery of the 21st century, nearing 22nd century already!!

Politics / Re: House Of Reps Members Slash Salaries By 50% by lithiumnigeria: 2:46pm On Jul 18
Gadafii:
They should cut off all these mumu allowances instead

Salary is 2 million

Allowance is over 30 million

Who Dem dey deceive

Cheap populism
Education / Re: No More Admissions Into Higher Institutions For Persons Below 18 Years - FG by lithiumnigeria: 12:10pm On Jul 18
Rubbish!
Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by lithiumnigeria: 10:48am On Jun 18
I don tire,
I can't bear it anymore,
Nothing is forthcoming,
I can't pretend any longer,

Please who have any available slot for sale should DM me...
Scammers please scam me

3 Likes

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