Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,180,157 members, 7,910,135 topics. Date: Saturday, 03 August 2024 at 08:17 PM

You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote (13985 Views)

Emefiele Accused Of Secretly Selling $3.4 Billion To Dangote In One Transaction / U.S Court Gives Autumn Spikes 20 Days To Respond To Dangote’s Suit / Onyema's Indictment: Northern Youths To March To US Embassy In Nigeria (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by egbedox: 9:14am On Jul 29
treesun:


https://dailypost.ng/2024/07/28/you-cannot-dictate-price-of-fuel-bend-existing-rules-arewa-youths-to-dangote/

While I am not questioning the response of Arewa Group on the subject, truth be told, the NNPC and others as insinuated by the AG have been regulating since how many years and we still don't have a functional refinery.

If they know they don't want Dangote to wield so much power that should ordinarily belong to a nation, why give him the platform to even build the refinery in the first place? why does a country that has so much cry of what it takes to operate a refinery?

@Arewa Group, it's high time we understood that there are other ways this can be addressed rather than relying on NNPC that merely manages the exportation of the crude product and importation of the refined products. Continuing in the status quo makes the refiners to perpetually keep Nigeria under their subjection.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by BalogunIdowu(m): 9:19am On Jul 29
Philipponzaghi:
Arewa Youths need to understand that Dangote is in a league of his own.

The man is building an empire, and we should be supporting that vision.

While I support his support, there's hight stake with driven urge for monopoly...

Especially when you indicate he's creating an empire, perhaps you don't understand that implication. He will come back to dictate things!
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by nurudeen181(m): 9:27am On Jul 29
Philipponzaghi:
Arewa Youths need to understand that Dangote is in a league of his own.

The man is building an empire, and we should be supporting that vision.
there should be an extent to which that vision can be supported, it's a one mans thing, monopoly is going to enter. thesame monopoly we were crying for over dangote cement, flour and spaghetti, oil moves the economy, giving Dangote all that is dangerous, it will be like going from frying pan to fire
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by CHAQUR: 9:45am On Jul 29
Philipponzaghi:
Arewa Youths need to understand that Dangote is in a league of his own.

The man is building an empire, and we should be supporting that vision.
Till there is no more land for your generation to build theirs....ba....?
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by michoim(m): 9:50am On Jul 29
Deceptive Trash sponsored by the government...
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by emapeteum(m): 9:51am On Jul 29
I have known from day one that the so called richest man in Africa is riding on the backs of government bending rules for him to do dirty business at the expense of the masses. I told someone long time ago that Dangote is not bigger than the state and that the state can bring him down but the fellow wad arguing blindly.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by ogascomax: 10:00am On Jul 29
This Arewa Youth spoke as a politician not as a concerned Nigerian.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Flame333: 10:02am On Jul 29
AnyanwuSK:


Are you the one that did that screenshot?
What's is the name of the browser?
I like the it displays the tabs.


I only experience it like this on pc, I want it like this on phone too


What type of phone are you using?

I'm using android, infinix to be precise and it's a chrome browser
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Bizibi(m): 10:05am On Jul 29
Zwooks:



Your education is a waste. Show us a single country in the world where a single individual is responsible for the petrol, automobile fuel and the likes the entire country uses. Olodo
you have a 20 billion dollars refinery sitting beautifully in Lagos ,a refinery that is a game changer in our economy.bua is building his own in akwa ibom......in the end the two private refineries will open a flood gate of investments to Nigeria.

Investors are observing keenly on how the outcome will be even Reuters international always keep updates on the refinery so all this yappings is just distractions and it will do us no good in the end. Maybe when fuel gets to 1500 brains will begin to reset.

Look if this project fail,all of us will buy fuel at 1500 and above and there is nothing you can do about it, y'all will only complain and get tired.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Bizibi(m): 10:06am On Jul 29
ogascomax:
This Arewa Youth spoke as a politician not as a concerned Nigerian.
they sponsored them to talk on their behalf,I know tinubu will shock them when he replaced them at nnpc.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 10:12am On Jul 29
Bizibi:
you have a 20 billion dollars refinery sitting beautifully in Lagos ,a refinery that is a game changer in our economy.bua is building his own in akwa ibom......in the end the two private refineries will open a flood gate of investments to Nigeria.

Investors are observing keenly on how the outcome will be even Reuters international always keep updates on the refinery so all this yappings is just distractions and it will do us no good in the end. Maybe when fuel gets to 1500 brains will begin to reset.



Oil contracts are not mere business contracts. There are corporate agreements that would stem into 20 years etc. When Nigeria got broke and needed to stabilize the dollar exchange rates, we where getting all sorts of 500M, $1B to solve the currency crisis. Taking all sorts of loans to manage the economy from Buhari into Tinubu. All of these loans and helps were pegged against long term contracts.


Nigeria has not stopped Dangote from refining crude. But the logic of always ripping the country off, i.e getting billion of dollars at 1,000 Naira less than market price, getting funds from PENCOM to finance his refinery construction, dodgy waivers and tax exemptions can not continue forever.


Dangote is destroying the country. If he wants to refine crude, fine, let him source for them abroad, import them, pay regular custom duties, refine his crude and sell anyhow he pleases


If you look at it one first hand basis, it would appear Dangote was the victim. When we handled him and few criminals cement, it jumped from 2,500 to 4,500 in one week and from 4,500 to 10,000 in one single week. We won't hand over petroleum and ruin the energy security of the country. Never
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Bizibi(m): 10:18am On Jul 29
Zwooks:




Oil contracts are not mere business contracts. There are corporate agreements that would stem into 20 years etc. When Nigeria got broke and needed to stabilize the dollar exchange rates, we where getting all sorts of 500M, $1B to solve the currency crisis. Taking all sorts of loans to manage the economy from Buhari into Tinubu. All of these loans and helps were pegged against long term contracts.
look as it is it doesn't even matter.....you look at that refinery that is complete and you are making unnecessary complaints. WHO NO GO BOAST SAY THAT TYPE OF GIGANTIC REFINERY DEY HIN COUNTRY.nigerians are always weird sometimes,you complain about dead refineries now someone found a way to build his,you talking about another thing.

I support dangote on this refinery and I pray it works so that it will give investors confidence on our economy. Look if dangote Don't give a damn about domestic sales he can export and make ten times the amount in a week exporting it to other countries Even your government will make huge amount from taxes,NOW WHO GO LOSE IN THE END

Make una dey look the bigger picture all the time.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 10:20am On Jul 29
Bizibi:
look as it is it doesn't even matter.....you look at that refinery that is complete and you are making unnecessary complaints. WHO NO GO BOAST SAY THAT TYPE OF GIGANTIC REFINERY DEY HIN COUNTRY.nigerians are always weird sometimes,you complain about dead refineries now someone found a way to build his,you talking about another thing.

I support dangote on this refinery and I pray it works so that it will give investors confidence on our economy.

Make una dey look the bigger picture all the time.



My dear leave issues of economics to people who know better. This isnt a subject matter you are knowledgable about. Dangote is not a good human being and isnt good for Nigeria
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Bizibi(m): 10:25am On Jul 29
Zwooks:




My dear leave issues of economics to people who know better. This isnt a subject matter you are knowledgable about. Dangote is not a good human being and isnt good for Nigeria
we know better,some of you are just being emotional....some of you don't think. How can a refinery of that size built in Nigeria and you are talking about Monopoly at this stage that we need to refine and sell in this country. Haba!!!! This refinery is a game changer for people like us that want to bring in investors to this country,you think they re not watching......
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by adebowales: 10:32am On Jul 29
Asonaijaaso:


God bless you, King Dangote is not above the law, his media campaign was to vilify NMDPRA Chair Faruk Ahmed, King Dangote believes in his mind he owns the Nigerian fora. He is not answerable to anybody, not even the president. He even started reselling his crude oil without a license to sell crude within Nigeria.
Thats a big offense if its done by an ordinary individual. Let him run his refinery for the whole world to see that it works. Thats the first step.
The government should not make the mistake of buying a non-functional refinery from him. He should fix the Crude distilling unit and produce the petrol and the government should test the purity.

“He who comes into equity must come with clean hands.”
dangote have the right to fix the price for his products, if it’s still expensive, we will stick with cheaper price,I understand the game NNPC is playing is to make petrol more expensive for their game to continue.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 10:44am On Jul 29
adebowales:
dangote have the right to fix the price for his products, if it’s still expensive, we will stick with cheaper price,I understand the game NNPC is playing is to make petrol more expensive for their game to continue.



Trust me. A liberalized market is always better than a minopilzed industry. Google and read up
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Asonaijaaso: 10:46am On Jul 29
adebowales:
dangote have the right to fix the price for his products, if it’s still expensive, we will stick with cheaper price,I understand the game NNPC is playing is to make petrol more expensive for their game to continue.

Dangote should run his refinery independently.
If he has good prices, the government will come and beg him.
But refinery that has not produced a drop of petrol, yet wants to takeover the whole petrol supply in Nigeria.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 10:48am On Jul 29
Asonaijaaso:


Dangote should run his refinery independently.
If he has good prices, the government will come and beg him.
But refinery that has not produced a drop of petrol, yet wants to takeover the whole petrol supply in Nigeria.



You can imagine. He wants the country bent over backwards for him eternally. He did it with CBN carted away with free billion of dollars. He did the same with limestone, sugar and salt. His reign must come to an end otherwise Nigeria would be sold to slavery
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by maasoap(m): 10:50am On Jul 29
Wonders! Tinubu is paying the sellouts among Arewa youths to undermine 20 billion dollars investment because he wants to sustain oil importation by his company. Hehe!!
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Asonaijaaso: 10:52am On Jul 29
Zwooks:




You can imagine. He wants the country bent over backwards for him eternally. He did it with CBN carted away with free billion of dollars. He did the same with limestone, sugar and salt. His reign must come to an end otherwise Nigeria would be sold to slavery

He got greedy, he underestimated Nigerians.
He wants to be the only billionaire for 50 years.

The rest of us came to this world to serve him.

1 Like

Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by maasoap(m): 10:53am On Jul 29
Zwooks:
Good. Arewa have caught up to the shenanigans of crook, Dangote

This man invested 20 fvcking billion dollars and over a period of 10 years or more and our president is sabotaging it because of his personal gains from oil importation and you're standing against an investment that already generated thousands of direct employment!! You will realise how foolish you are one day
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 10:54am On Jul 29
Asonaijaaso:


He got greedy, he underestimated Nigerians.
He wants to be the only billionaire for 50 years.

The rest of us came to this world to serve him.


Nigerians don't know he is trying to completely capture the country and bring it to slavery. The problem is everyone wants to talk these days even when.they do not know the consequences of motives. Dangote must be resisted at all costs
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 10:55am On Jul 29
maasoap:


This man invested 20 fvcking billion dollars and over a period of 10 years or more and our president is sabotaging it because of his personal gains from oil importation and you're standing against an investment that already generated thousands of direct employment!! You will realise how foolish you are one day


Inflated amount to dupe Nigeria to begin with. That refinery is max $9 Billion dollars. He should import his crude and operate his business without interfering with national interests
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by maasoap(m): 10:56am On Jul 29
helinues:
The table is turning around.

Anyone who thinks Dangote can win against government don't know how politics works.

There are so many business men in Nigeria that the privileged given to Dangote can be shared amongst.

We don't have to go that line, let both Dangote and FG settle their scores amicably

What is he trying to win if I may ask you? Tinubu doesn't want this refinery to be fully operational so that oil import can continue since he's the one importing it. I wish people like you understand the implication of the failure of that refinery on our economy.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Asonaijaaso: 10:58am On Jul 29
Zwooks:



Nigerians don't know he is trying to completely capture the country and bring it to slavery. The problem is everyone wants to talk these days even when.they do not know the consequences of motives. Dangote must be resisted at all costs

Nigerians are waking up daily, I promise you in the next 10 years the landscape will change, we will have to hit rock bottom first.
After that we will stop all this tribal and religious nonsense and realize that we all have the same enemies in common.
Imagine one person asking for the crude oil allocation of the country because he built a big refinery.
Knowing fully well that all the salaries and pensions and government funding in Nigeria comes from the forex obtained from crude oil sales.

Essentially asking us to give him the goose that lays the golden eggs.
Because he has built a beautiful cage.

1 Like

Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by maasoap(m): 11:00am On Jul 29
Zwooks:



Your education is a waste. Show us a single country in the world where a single individual is responsible for the petrol, automobile fuel and the likes the entire country uses. Olodo

So, such other countries now use importation to kill their local production by not giving it enough crude oil contrary to the promise made initially?
If you are truly educated, you would know that importing what you can produce is nothing but madness and you are supporting madness without realising it
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 11:01am On Jul 29
maasoap:


So, such other countries now use importation to kill their local production by not giving it enough crude oil contrary to the promise made initially?
If you are truly educated, you would know that importing what you can produce is nothing but madness and you are supporting madness without realising it


Alfa go and stick to your Arabic readings. This issue is beyond your brain. We will not sell the country to allah
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by maasoap(m): 11:02am On Jul 29
CyrusVI:
Where are those Emergency Dangote lovers?
Do u know more than his brothers??

His brothers are illiterates and ignorant and Tinubu and his administration are capitalising on it. I know that you also know that cheesy
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by bitbillionaire: 11:03am On Jul 29
Northerners are the ones fighting Dangote. This is unbelievable.

But these Arewa Youths seems to have some valid points though.
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by maasoap(m): 11:07am On Jul 29
Zwooks:

Alfa go and stick to your Arabic readings. This issue is beyond your brain. We will not sell the country to allah
You sounded defeated. Tell NNPC to get the three refineries they've been repairing since 1999 up and running because those are the real competitors to Dangote's refinery. Not Tinubu's oil import company
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by Zwooks: 11:08am On Jul 29
maasoap:

You sounded defeated. Tell NNPC to get the three refineries they've been repairing since 1999 up and running because those are the real competitors to Dangote's refinery. Not Tinubu's oil import company


Yawns. No to Dangote
Re: You Cannot Dictate Price Of Fuel, Bend Existing Rules – Arewa Youths To Dangote by maasoap(m): 11:11am On Jul 29
Zwooks:



Inflated amount to dupe Nigeria to begin with. That refinery is max $9 Billion dollars.

Okay, agreed. Can you mention another 9 billion dollars investment by a private company or individual in the country?

He should import his crude and operate his business without interfering with national interests

Every sane Nigerian knows that oil importation by oil producing nation was never about the national interest, can never be. Stop trolling

(1) (2) (3) (4) (Reply)

How Were You Able To Raise Up The Desired Capital To Set Up Your Business? / 3 Steps To Attracting New Customers For Your Business / Buyers Reject Nigerian Crude As Glut Looms

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 58
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.