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Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts (15416 Views)

Energy Crisis Set To Push Petrol, Diesel Prices Above ₦350/Litre / Why Petrol Smuggling Continues - Mele Kyari / Daily Petrol Shortfall To Hit 20m Litres Despite Dangote Refinery — NNPC (2) (3) (4)

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Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by jaxxy(m): 8:30am On Jun 22
So we don't even have local crude oil to sell to dangote?
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by lexy2014: 8:35am On Jun 22
ironheart:
You guys are already settling the pace for dangote to increase fuel products from his refinery. Using media propaganda to drive price

How are they doing that?
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by bluebay(m): 8:39am On Jun 22
Experts talking like mumu
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by dododawa1: 8:41am On Jun 22
CountinBlessins:
Normally the price would rip but Tinubu in his usual drive to make sure you the poor suffer more he will keep the prices high and they are trying to justify it .
cheesy grin
But poor Nigerians will rather sit down and complain or pray 🤣
Or they go on Twitter and rant cheesy

The poor in Nigeria are very stupid. Stop giving them charity. The fact I sit down and not protest is simply because I can afford it but you who can't afford food why don't you protest? Or are you waiting for me to start protest for you? Stupid fellows. grin


Keep waiting for me o. Stupid people. Me I don't give shishi. Una never ready.

Una go suffer till una die if you don't rise up.

The poor keep waiting for hand outs. Even for their own rights they still want handouts

Until the poor unite and protest let them keep suffering.
You see them all over Nairaland begging ,old men and women in their forties and fifties begging like mad people, instead of forming protest groups..

Useless people
who are useless people kid
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by dododawa1: 8:42am On Jun 22
DANGOTE this

DANGOTE that

Na DANGOTE get NIGERIA?
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by NwokoloOwa: 8:47am On Jun 22
Our experts are always ready to be led by their nose in their analysis. If you look at the global prices of diesel, among the major oil producing countries of the world, Nigeria's diesel price is among the highest.

This is so even amongst other import dependent countries like Angola, Sudan, Algeria, Egypt etc. So what's all this nonsense incomplete analysis. In Iran, diesel is going for just about N10/per litre, N40/litre in Libya, about N300 in Egypt, Algeria and Angola and even about N900 in Sudan as against N1200 in Nigeria. So what happened
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Augustine2244(m): 8:51am On Jun 22
BATified will definitely see shege and they are the ones complaining the most.
Lol!
Don't be surprised that this economic woes would still mark Tinubu's second year in office, and idiotic animals will still keep making stupid excuses for this government of ineptitude.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by HugoBoss10(m): 8:53am On Jun 22
lordm:
But desiel dropped already

That was audio, the diesel is currently selling at around 1450 right now.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Obaranje: 9:02am On Jun 22
CountinBlessins:
Normally the price would rip but Tinubu in his usual drive to make sure you the poor suffer more he will keep the prices high and they are trying to justify it .
cheesy grin
But poor Nigerians will rather sit down and complain or pray 🤣
Or they go on Twitter and rant cheesy

The poor in Nigeria are very stupid. Stop giving them charity. The fact I sit down and not protest is simply because I can afford it but you who can't afford food why don't you protest? Or are you waiting for me to start protest for you? Stupid fellows. grin


Keep waiting for me o. Stupid people. Me I don't give shishi. Una never ready.

Una go suffer till una die if you don't rise up.

The poor keep waiting for hand outs. Even for their own rights they still want handouts

Until the poor unite and protest let them keep suffering.
You see them all over Nairaland begging ,old men and women in their forties and fifties begging like mad people, instead of forming protest groups..

Useless people
since everyone in nairaland can afford it, I don't think we have any economic challenge in the country.

Everybody na nairaland big man g1717666963272_jpeg412cfd74386b453ebabf9da59dd6c17d

Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Deepthoughts: 9:02am On Jun 22
dre11:



https://tribuneonlineng.com/why-petrol-diesel-prices-may-not-drop-despite-dangote-refinery-experts/

As long as our naira continue to exchange at present rate against major international currencies n continues to depreciate further everything will to nothing,the greatest task of all our economic experts n the government now should be how to significantly strengthen the naira, whatever is it,the naira should not be exchanging above #200to any currency or above #5 to any African currency.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Deepthoughts: 9:05am On Jun 22
dre11:



https://tribuneonlineng.com/why-petrol-diesel-prices-may-not-drop-despite-dangote-refinery-experts/

As long as our naira continue to exchange at present rate against major international currencies n continues to depreciate further everything will to nothing,the greatest task of all our economic experts n the government now should be how to significantly strengthen the naira, whatever is it,the naira should not be exchanging above #200to any currency or above #5 to any African currency.
HugoBoss10:


That was audio, the diesel is currently selling at around 1450 right now.
That's not from Dangote, dangote's is selling diesel to major marketers at not more than #1050 per litre.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Deepthoughts: 9:09am On Jun 22
Cassandraloius:
Hmmmm..... Yeye Experts. sad
The experts are not totally wrong,sure the prices will drop but not large enough as we would have expected because of the reasons they gave which is true.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by gracealonev: 9:10am On Jun 22
DevilsEqual:
Experts raised valid points and these are most likely to happen but I still trust expert FG analysis and Dangotes realistic projection on this


Even he already weighed all this before making that July statement

He issued more statements when he started Obajana Cement, that cement prices would drop below N1000. And now, we are still waiting.
I don't trust Dangote.

1 Like 1 Share

Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Okoroawusa: 9:36am On Jun 22
Benjamin4388:


nobody is saving anybody...i was among those who was protesting in toll gate...fortunately I was not there that day because I stayed to watch psg and man united match that day...see how fellow Nigerian backlash those who protested and mocked those who got killed trying to make Nigeria a better country..since that day I swore never to partake bcuz even the ones suffering the most are the ones who won't appear to protests.... long as am concerned those who have little or nothing are still enjoying..we b waiting cuz nobody is saving anybody...time for me to have my breakfast
Name one person you know that died at the lekki toll gate... just one person
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by ilohthankgod(m): 9:48am On Jun 22
Dangote personal business
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Tareq1105: 9:54am On Jun 22
DevilsEqual:
Experts raised valid points and these are most likely to happen but I still trust expert FG analysis and Dangotes realistic projection on this


Even he already weighed all this before making that July statement

Some people just want Nigeria and Nigerians to live in sorrow. No matter what happens, slight reduction in prices would happen after all some foreign costs are eliminated so I remain optimistic.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by VeeVeeMyLuv(m): 10:04am On Jun 22
What if the value of naira appreciates to N100 to $1?
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by jojothaiv(m): 10:07am On Jun 22
We know, some of are no fan of having high hopes neither are we a fan of projections, we want to see things in real time.


Meanwhile in other news, the Kenyans are protesting the financial bill aka budget while some of the never do well bunch of thieves we have here wouldn't mind smuggling in some figures into the already 9ja budget and their stooges and wastrels wouldn't mind throwing their support for them.

What I know for sure is the redemption Africa need might not come from Nigeria, let those who are serious go for it.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by senteugene: 10:08am On Jun 22
People just dey deceive themselves, Dangote cement no come and you want dangote fuel to come down
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by jojothaiv(m): 10:09am On Jun 22
gracealonev:


He issued more statements when he started Obajana Cement, that cement prices would drop below N1000, we are still waiting.
I don't trust Dangote.
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by lucianohase(m): 10:10am On Jun 22
So at the end of the day, all the promises this Tinubu administration has made to us are all scam.....
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Calitoscassius(m): 10:17am On Jun 22
Some of us already knew this. Dangote is already using Tifnubu media to set petrol price. grin to as high as possible.

Some of you expect Dangote to give petrol for free after borrowing billions of $$ to build refinery. grin how can he pay back his borrowing and make profit then?
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by captianfreeman(m): 10:19am On Jun 22
The experts should GASD!!!
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Obaranje: 10:20am On Jun 22
CountinBlessins:


That's the poor for you. Enter romance section or sex threads you find the idiots there. Next thing is to beg .

They are dead already because they have no self esteem or brains..

They are waiting for me that has a job with good investments to come and protest when I can afford everything, while they who can't sit down ? Mad people grin

Let them stay there waiting for me to give them free money .

The idiots are so fast to quote you begging for small things to eat but won't protest .

Stop giving them and let them suffer. These are the same people that will take 2k to vote Tinubu in 2027. Because they can't think. Leave them hungry
you speak like an educated illiterate, sorry if that offends you.

So for your mind because you have a job and have invested in a lot, you now have immunity to the economic challenges of the country?

See reasoning from my fellow country man. If the purchasing power of the people drop below average across 80%, and investors keep running away as a result of the economic challenges via inflation what do you think will happen to that your job/ investment? Remain the same in profit making or dwindle in profit making?

No one is free from this quagmire, we are all effected in one way or the other.
From manufacturing to human capital investment to health and government including NGO

Even the politicians are not free 100% on this present catastrophe, they would have yide to labor demand to at least pay workers 150,000 minimum wage

No dey deceive yourself my brother, all of us are in this shit together unless you are dining and winning with the politicians who depends on free public founds without accountability.

Aside that every legal hustler dey feel this heat
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Emmacomely2020: 10:58am On Jun 22
Good one

Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Obaranje: 11:07am On Jun 22
CountinBlessins:


I will excuse your gutter manners and focus on what your poverty eroded brain expunged in the delusion of wisdom.

I have enough to rapidly exit this country at any moment , my wife and kids are in the United Kingdom FYI.

I have not a single stake in this cesspit of a nation. If you poor like don't take to the streets..

The people in my circle are also not too concerned about the economy except for the exchange rate to buy forex when one wants to travel etc .

I do not care how you or others like you are faring . Until you get that into your thick skull you lot will continue to suffer. We are not the same we never have been the same . You are poor, whether you are from Edo state like is inconsequential, all my childhood friends come from good backgrounds whose parents.planned for them.

Our parents didn't wait for God the way your parents did , ours planned ..

Same way you lot are waiting for God to fix your country when you should be protesting.

Keep waiting for everyone to protest when everyone is not the same..

Dummies
there is no point arguing with you.

From your above statement you have finally succeeded in exposing yourself as a dingbat raise and brought up in the cesspit of poverty

Nairaland is a free forum everyone can claim what they are not. But your above statement does not equate what you are claiming to be

You are free to keep living in your fool paradise of afluant with your wife and kids living in the UK lolz

You don't need to come to nairaland to tell us were your baby mama abi wife and kids lives before we can believe all your hoax

Those who have it doesn't make noise about it, na poor dingbat like you who think wishes were like horses so they can ride as you are riding right now in nairaland

This cesspit poor dingbat can brag enh, tufia kwa. Poor people and bragging!!!!
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Shikini: 11:27am On Jun 22
Ok
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by Benjamin4388(m): 11:36am On Jun 22
Okoroawusa:

Name one person you know that died at the lekki toll gate... just one person

wisdom okon
olalekun abideen
abouta Solomon
Victor sunday and the rest

Nigeria will never be better at least in a generation were people got killed and some people think otherwise....it's bout time hungry do the killing and not bullets
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by ufotunang: 11:41am On Jun 22
Racoon:
Nigerians, lift up your heads because your redemption is far from being achieved. Government refineries flopped. The Dangote refinery will still be another monopoly as it has to maximize profits of heavy investment.
.. that is why the petroleum refinery sector needs competition ..at least if we had other refineries to compete with Dangote and compete with each other...this will bring down prices of fuel disel and other petroleum products
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by ufotunang: 11:47am On Jun 22
The petroleum refinery sector needs competition...if they are other refineries working and competing with Dangote and with each other...it will reduce Dangote monopoly and controls on the petroleum oil sector and stop Dangote from dictating the price of fuel disel and other petroleum products in Nigeria and which will create a competitive market and bring down prices of fuel disel and other petroleum products...
Re: Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts by ufotunang: 11:50am On Jun 22
lordm:
But desiel dropped already
..with other modular refineries working and with competition in the petroleum refinery sector disel will drop.further to 300 per litre

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