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Nairaland Forum / Nairaland / General / Politics / Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May (29363 Views)
Dangote Sells To Oil Marketers @N700 / N950/litre Dangote Petrol May Justify More Importation -marketers / Petrol May Sell For ₦600 Per Litre With Dangote Refinery – Marketers (2) (3) (4)
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Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by ivandragon: 11:04am On Apr 03 |
Sirmwill: Simple. But then again, you are dealing with the real enemies of Nigeria. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by forgiveness: 11:11am On Apr 03 |
I bought it for 1,550 naira at one NNPC station while another filling station is selling for 1,450 naira. I was expecting it will go down to 900 - 1,000 naira but behold 1,2...what? What is the benefit of Dangote refinery when we already envisaged it will come down to 1,200 naira due to improving fx even when we are importing? This is just rip off. Not really excited about the news. 2 Likes |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Acidosis(m): 11:14am On Apr 03 |
ThierryJay: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by do4luv14(m): 11:17am On Apr 03 |
hslbroker2: No OT is not, he is still pegging it at dollar rates , However am not sure if landing cost will be involved in this |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by benjaminlawson(m): 11:38am On Apr 03 |
No one should celebrate any monopolist they are enemies of consumers and nation in general. Let the government encourage many producers, if possible let the government assist them with loan as emefele did to dangote himself. This is the only time we can celebrate, not one monopolist. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by cyberguy72(m): 11:48am On Apr 03 |
N1,225 is still too high ..why is Dangote like this sef if he fixes it at N800/liter wud the business crumble.?Airpeace crashed London route for N17m to N4,?cant Dangote just sacrifice for the masses.? 1 Like |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by NinjaMetahuman: 11:52am On Apr 03 |
ivandragon: I already told you. Politicians is your problem, not pdp or apc. But if you are talking about party, pdp shouldnt be compared to apc in anyways when it comes to success and failure. Pdp is like 99% failed party that absolutely failed the country. They didn't do anything right and shouldn't be allowed close to power unless you are a genn z who didn't witness the impunity of pdp. Apc is not a good party either but they are saint compared to pdp and they have outperformed them 100-1 when it comes to infrastructure or all indices of governance you can think about. If we are going to elect someone to replace apc, it should never be pdp or anyone that has benefitted from pdp and apc. Atiku was vice president ( most corrupt vice president in the history of the country) and he is not an appointee. Emifiele is a useless appointee of pdp that buhari didn't have the balls or economic brain to fire. Why are you comparing the two? I don't know what you meant by your last statement but can you tell us what was not acceptable under pdp but acceptable now? |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by justmi1: 11:57am On Apr 03 |
Many people lack economic knowledge and only open thier mouth to complain always. Whatever price it is , is not final. There is always room for more reduction. You expect them to start selling at 100 naira. Let's appreciate little gains. If it was 2k per litre we would still complain and buy so which is better? In any economy price increase always happen more quickly and marginally than when there is a decrease. 2 Likes |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by NothingDoMe: 11:59am On Apr 03 |
Biodun556:Dangote will import crude. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by 9jatriot(m): 12:03pm On Apr 03 |
The good people of Nigeria are happy that at least very soon we will not be exporting crude and importing refined products. That is a major milestone, reduction in price is secondary. Now there are people who will work in the refinery, those people will inturn take care of their dependants, many will rent houses in that axis thereby driving economic activities. With more people having better purchasing power, hotels, super markets, recreational centres and many other businesses will open up in that area to service the people who work there. Another area people forget is that Dangotte will also be exporting it, if that happens, we will also have diversified a little and have another source of foreign exchange. Refinery will need supplies, people with business sense are already taking up positions to provide services. There will be a lot of consulting firms also taking up positions. If you cannot support good things happening and open your mind to progress, you will continue to be redundant and even transmit your negativity to your kids. 2 Likes 1 Share |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by OvertheTop(m): 12:05pm On Apr 03 |
Kuginzi: it should be N500/L |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Lomprico2: 12:08pm On Apr 03 |
hslbroker2: How is it good news? |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by IkeOnyia: 12:18pm On Apr 03 |
OvertheTop:I thought so too but reality is that most Nigerians are dubious and wicked, if it reduces that low, they will start smuggling the product to neighbouring countries where the prices are higher thereby creating artificial scarcity in Nigeria. And artificial scarcity will then knock the prices back up to what they wanted. 4 Likes |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by BreconHills(m): 12:19pm On Apr 03 |
whizzler: Nobody will teach them. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Biodun556(m): 12:20pm On Apr 03 |
NothingDoMe: The crude import will not have significant impact. Importation of crude from the US is a market strategy. Ask yourself, why dangote go all the way to US when Libya, Ghana, sierra Leon, saotome Principe can easily supply the crude we need in short distance and time? Dangote deliberately import US crude so that he can export refined oil to US because US will not allow anybody to turn it to dumping ground. If you must export refined oil to US, you must import US crude. 2 Likes |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by azikiweironsi(m): 12:24pm On Apr 03 |
Where is that man OFUNAOFU ? Always jump to comment on bad news. All the haters of this country shall know no peace. When we begin to reap the goodness of the land called Nigeria, they shall not be found or participated. They shall have gone to the great beyond. 2 Likes |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by predictor1: 12:31pm On Apr 03 |
Yourprick:Dollar is not crashing. Naira is the one rising. This government must be doing something right. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Ofunaofu: 12:39pm On Apr 03 |
azikiweironsi: How much was a litre as @ may 29 when Tinubu took over 1 Like |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by ThatFairGuy1: 12:47pm On Apr 03 |
Aameen Afospecialk: |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by fareed69(m): 12:51pm On Apr 03 |
naija4life247: God bless you for that. He should sell at #5 the one refined in his village. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Kaiser20: 1:03pm On Apr 03 |
Afospecialk:You are cursing Enemies of Nigeria, don't forget the enemies are the APC politicians who Padded the Budget, and send you and your family Hungry 1 Like |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by azikiweironsi(m): 1:06pm On Apr 03 |
Ofunaofu: Mr man, you're still leaving in the past. Perhaps you don't read global news and you don't think the world economy is facing a lot of crisis. Nigeria cannot be stagnant and immune to the world economy. UK is facing hardship increment in rents, food etc.... Don't continue to show your ignorance on social media. Do you still rent a flat the same amount of 1990 ? Of course no but you show your ignorance on social media without you knowing. 1 Like |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by ivandragon: 1:14pm On Apr 03 |
NinjaMetahuman: Agreed, all politicians are terrible, but all socio-economic indices point to the fact apc is worse than pdp. So I don't know what you are on about. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by ivandragon: 1:17pm On Apr 03 |
NinjaMetahuman: Agreed, all politicians are terrible, but all socio-economic indices point to the fact apc is worse than pdp. So I don't know what you are on about. Look who is talking about genZ. Very laughable. If you had responsibilities and had legitimate earnings between 1999 and 2014 and then 2014 till date, you won't be saying what you are saying. Except of course for people who reap from the rudderless party that is apc. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by CharlesofJesus: 1:28pm On Apr 03 |
Guy, I read that guys post yesterday...I was just laughing because I knew the truth that sales would start proper this month based on the IPMAN Charmian's interview he had some weeks ago.. Nigerians and lies seborrhic: |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Ofunaofu: 1:28pm On Apr 03 |
azikiweironsi: Because it involves Tinubu, nine months ago is now living in the past. You are now comparing it with the year 1990. Why don't you compare it with the pre-independence era? Honestly, you are irredeemable. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Donaldoni: 1:45pm On Apr 03 |
NinjaMetahuman: The whole essence of local production will be defeated - saving forex. 1 Like |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by danzaki63: 1:48pm On Apr 03 |
Believe in your country and your country will believe in you. 1 Like |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Putindbutt: 1:56pm On Apr 03 |
dominique:Alfred Rewane said that, not Dangote. Dominique, be calming down small. |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by Kaiser20: 1:57pm On Apr 03 |
danzaki63:Tell politicians who frequent Europe and USA to see Doctors and celebrate their children's birthday party to believe in Nigeria 2 Likes |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by 7lives: 2:14pm On Apr 03 |
Biodun556: And Nigeria's external reserve grows. I'm looking for the day Nigeria forex reserve will cross the $100 billion Mark. If this happens, $$ will go below #200. 1 Like 1 Share |
Re: Diesel Price Drops As Dangote Sells ₦1,225/Litre, Supplies Petrol May by 7lives: 2:17pm On Apr 03 |
Yourprick: Don't blame them, most of them don't know jack. |
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