nairalanda1:


You should be asking why all the Southerners that got licence for refineries did not start them up. Like Oriental refinery, for example.

The answer is, subsidy made it unprofitable for them to do refineries. Only people who could do refinery under subsidy regime was Dangote, and that is because Dangote has the sources of income that would enable him to do collateral with the banks that lent him money.

When some of us say subsidy should go, it was partly because we wanted more people to be able to take loans to build more refineries...since now subsidy is gone, the potential for profit means that banks would lend them money easily. But most of you Nigerians no wan hear. Na cheap fuel we want.

And it isn't just Southerners, many Northern refineries...must it be only Dangote from the North? There are others, but because of subsidy, dem no wan do refinery too.

Sometimes, some 'harsh' decisions are for our benefit. But we said no, so here we are.

I'm even not surprised Dangote is favoruing his own people. Na his private business. Plus, if I was a Northern governor, I would be putting pressure on him to employ our people.If he was from the South, I would have expected the same thing. The problem is subsidy made fuel refining so unprofitable in this country that potential Southern refinery tycoons could not do business.

I don talk my own.

ZKOSOSO:
Cooking Lagos and Lagosians slowly but deadly

Una go hear hhwenn from dis boiling toxic pollutants

On top of that......still pay him trillions for doing it

Him go carry the trillions go Kano

GeneralDae:

I believe it's thesame reason Dangote is taking his time with PMS production because there is some form of reduced subsidy at the moment.

So it seems Dangote wants to sell Diesel and Aviation fuel first where there's no subsidy at all.

zionstaar75:
you are a pathetic ignoramus, do u know how many things will be produced in that refinery?about 100 yet in your small mind it's all about petrol

Biodun556:


The beginning of new era

SeeWahala:


You're so quick to forget that Nigerian matters of economics only works on paper and not in reality

judedwriter:


👍Yes o

Mekanus:
Why are they still flaring gas?

zionstaar75:
you've never made any sense since I've been reading your comments

SeeWahala:


Close your mouth. Out of all the policies and services the government introduced how many of them helped the common man on the streets?

ZKOSOSO:

Not hatred bro.. but improving corporate social responsibility

SeeWahala:


And you yourself never make any sort of comments for anyone to try to make sense out of

MosD:
Let's pray it leads to price reduction in diesel that it's starting with

tobstarizhia:
So liquefaction is too hard for him to do. This gas flaring shite can only happen in black countries

justtoodark:


make yourself ready to buy fuel at international price in nigeria too and stop dreamin....

you are too lazy to demand anything from anybody....

go and do your owambe in peace and stfu....

SeeWahala:


Hehehe see what I mean?

I still couldn't make an iota of sense in all these words you jumbled together

Go to school you no gree . . . Now see the result

nairalanda1:




If you were a businessman, and you were selling yam you bought from farmer at N1500 per tuber, will you sell that same tuber at N200 per tuber to help the poor breathe? To help the masses breathe?

You will not, because your business will die.

Dangote needs to pay salaries(at the rate that his workers would not jakpa), pay taxes, pay for crude at international prices, pay for maintenance costs, etc etc. Expecting him to do all that and then sell fuel at N200 per liter because of the masses is a big joke.

Businesses are not charities. They exist to make profits, and to make more profits. They do not care about the masses, because if they let the masses set their prices, they would crash. If the masses were allowed to set MTN and Airtel prices, they would crash well well.

Hopefully, it would reduce the pressure on dollars, and hopefully this means the cost of transporting fuel falls. But the era of cheap fuel is over. NNPC is even now a private company self.

The funny thing is people will call me oppressor now. Ok. If a business cannot set its prices, how would it make profit for shareholders and workers? Shebi government go pay am? Lol.

Realtruth2023:


People at Eleme will tell you how hot their place is once refinery is working. The fact that people are there is because that refinery has not been producing for sometime. Normally people should stay far from refineries.

justtoodark:


shattapu....shatttap....

you dont even understand how to use your talents to do this things....

boys in the creeks have been refinin crude in small scales for decades now....
what did you do....??
you declared them to criminals and rather pay billions of dollars to foreighners to build you refineries....

who is foolish here....??

the same thing with ajaokuta stell nonesense....

Donchichi212:


You don't get it do you, who owns the natural resources his refining, is it no Nigeria, bro the price of fuel should drop to like 150# or 200# per liter. We really need to wake up in the country oo.

EconomistXplain:


balance of trade has bever been the issue.

issue is with balance of payment

justtoodark:


shattapu....shatttap....

you dont even understand how to use your talents to do this things....

boys in the creeks have been refinin crude in small scales for decades now....
what did you do....??
you declared them to criminals and rather pay billions of dollars to foreighners to build you refineries....

who is foolish here....??

the same thing with ajaokuta stell nonesense....

SeeWahala:


Everybody knows that Nigeria is cursed and a zoo. Are you just realising it today?

See why education is important?

Malawian:
Where did the "gas" come from?
From crude oil?

Una mumu never do.

Rolings:


But actually the common man's main problem is availability not price.
No matter how expensive it will be the fact that it's always readily available is of great benefits to the common man who rely heavily on it to make a living

ZKOSOSO:


Nope....
I am happy. Just the fact that Nigerians are going through a lot already. Dangote is a shroud capitalist who doesn't like Lagosians enough.
Otedola just gave 1 billion yesterday to Lagos security fund. Why would Dangote not give too ?
Last time he gave Jobs to Engineering graduates mainly from his core Northern people only. What of other Southern Engineering graduates who own the land and better qualified?
Across the country, Dangote trailers kill Southerners like rats every time with zero justice ⚖️ for the dead. He singlehandedly destroyed our roads with his heavy haulage of cements Across Southern regions.
Can an Igbo business man try all these and still remain standing?

justtoodark:


that means goverment is already tryin to pay subsidy for you through dangote if he keeps the deal....

but i doubt if its realy that case....
nigerian goverment sellin to a indigenous refiner would make sense because nigeria is havin issues sellin crude in international market....

we are hearin news that nigeria is havin issues sellin their crude....