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Nairaland Forum / Entertainment / Sports / European Football (EPL, UEFA, La Liga) / EPL Chatroom - All Discussions (1946425 Views)
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Re: EPL Chatroom - All Discussions by Theflint1(m): 9:59am On Aug 13 |
liveLongNprospa:There are things that could make it cheaper sha, things like cost of labor and haulage costs, but like you said one would need dive deep to know what his real costs are. |
Re: EPL Chatroom - All Discussions by Theflint1(m): 10:03am On Aug 13 |
GloriousGbola:Definitely was, maybe it was their way of keeping things in the family, or it was him just sniffing prospect and shoehorning himself in. It's just sad the way things played out, cause it looks like beyond the talent they have, they no really get head for the nuts and bolts of the music biz (it's same for a lot of musicians)...you'd even sense it from the way they conduct themselves on social media. They had a proper cashcow with this P-Square thing, and it looks like they're getting shortchanged via needless drama. |
Re: EPL Chatroom - All Discussions by BlueRayDick: 10:09am On Aug 13 |
izzou: Lolz Its not that deep That may just be market penetration strategy on Dangote's part. He may be using lower pricing as a market penetration tool to dive into the diesel market as a new entrant. These things are normal in marketing. It is only when Dangote sustains that lower price of his diesel over a period of time u can be sure he's actually out to disrupt the market for real with is lower pricing. U can decide to cut ur profit margin to gain ground for ur products in an already existing market. Dangote has financial obligations to his lenders, he would lose more selling diesel the same price as importers (even though he wishes to). He wouldn't want to have in stock excess finished products with unwilling buyers na. 1 Like 4 Shares |
Re: EPL Chatroom - All Discussions by larride(m): 10:10am On Aug 13 |
OasisX: Na only people wey no dey Twitter and no dey see David post them fit dey give that lamba. On this refinery matter, them suppose just cover their shame and ignore but the urge to continue to pontificate and double down na him dey amuse me the most. 4 Likes |
Re: EPL Chatroom - All Discussions by larride(m): 10:13am On Aug 13 |
izzou: I hear there's scarcity again. Mele Kyari just dey use us dey play. Make Tinubu do quick send that man go house abeg. |
Re: EPL Chatroom - All Discussions by izzou(m): 10:13am On Aug 13 |
BlueRayDick: You said Dangote can't reduce the price of PMS without subsidy, and i have just shown you that of AGO. Now, na marketing strategy. So at what point will it not be marketing strategy? Diesel is open for anyone to import. Let them import and apply marketing strategy to keep the price at 900. It's a win-win. |
Re: EPL Chatroom - All Discussions by larride(m): 10:14am On Aug 13 |
BlueRayDick: No be skit? |
Re: EPL Chatroom - All Discussions by izzou(m): 10:14am On Aug 13 |
larride: It is not evident in Lagos. If you see the long queues outside Lagos ehn.. |
Re: EPL Chatroom - All Discussions by BlueRayDick: 10:16am On Aug 13 |
Theflint1: I don't know where izzou is suddenly getting this false hope of PMS getting cheaper with Dangote in the picture. We have been repeatedly told by people with more access to real data like Bismack Rewane that Dangote PMS may not necessarily be cheaper The Chief Executive Officer of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has advised Nigerians not to entertain the illusion that the Dangote Refinery would guarantee them cheaper supply of refined petroleum products. This was far back in 2022 o |
Re: EPL Chatroom - All Discussions by larride(m): 10:16am On Aug 13 |
Theflint1: Storage also. |
Re: EPL Chatroom - All Discussions by izzou(m): 10:16am On Aug 13 |
liveLongNprospa: If he likes, he should use otumorkpo to get crude. Currently, with importation, we are buying at 800 to 900. Anything to make it lesser has my allegiance |
Re: EPL Chatroom - All Discussions by izzou(m): 10:16am On Aug 13 |
BlueRayDick: What was the dollar rate in 2022? |
Re: EPL Chatroom - All Discussions by BlueRayDick: 10:23am On Aug 13 |
izzou: U are missing the point. Dangote could've decided to sell diesel for the normal N1,400/liter that importers sell without subsidy. However, he knows if he does that he will be struggling for market share with those importers. Instead he cuts his price as a new entrant into the market to steal a chunk of their market share. In due time when the price cutting is longer sustainable , he will jack up his price but he would've gained enough market share at their point and maybe some of the importers would've been out of business. As for making petrol price lower, that's a tall dream. NNPC is still a major player still paying subsidy on PMS. For his price cutting strategy to work for PMS, something has to give. Either NNPC/FG kicks subsidy fully out of the door and have a gentleman agreement with Dangote to sell cheap(which will be difficlut now that they don't even have enough crude to give him) or they start paying him the subsidy instead of the importers/marketers. |
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 10:23am On Aug 13 |
OkpaNsukkaisBae: Lmao with which team will barca use to succeed in UCL.. Oooh you mean europa |
Re: EPL Chatroom - All Discussions by BlueRayDick: 10:24am On Aug 13 |
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 10:26am On Aug 13 |
BlueRayDick: OH nnpc can just buy from him and sell to the rest cheaper. Point is for Dangote to succeed, nnpc will have to stop importation and buy from him alone or still import and then also subsidise his PMS or last last sell crude to him on cheap. Point is subsidy must be involved |
Re: EPL Chatroom - All Discussions by larride(m): 10:26am On Aug 13 |
izzou: Fuel dey around me but expensive. Na only NNPC dey sell 588, AP dey sell 650, Mobil 750, the rest na between 800 upward. Crowd wey dey always dey NNPC and AP ehn. |
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 10:27am On Aug 13 |
Theflint1:Exactly. So we gats wait |
Re: EPL Chatroom - All Discussions by BlueRayDick: 10:27am On Aug 13 |
larride: Skit bawo? Person that dropped his full names and where he worked (NPA) |
Re: EPL Chatroom - All Discussions by BlueRayDick: 10:29am On Aug 13 |
liveLongNprospa: Simple! Hence my initial post that all these brouhaha is about who eventually gets the subsidy. We normal citizens are just pawns in their game |
Re: EPL Chatroom - All Discussions by larride(m): 10:29am On Aug 13 |
Elon Moshalashi fully supporting Trump with his whole chest. |
Re: EPL Chatroom - All Discussions by izzou(m): 10:43am On Aug 13 |
BlueRayDick: Do well to state the rate . We defended the naira in 2022. Rate had some stability. In 2024, with nothing, you think a 2022 article is still correct? |
Re: EPL Chatroom - All Discussions by izzou(m): 10:45am On Aug 13 |
BlueRayDick: Good. Let them cut their price to win their customers back. No subsidy, and all of them are queuing up to buy poor quality diesel at Lekki. Make dem dey whine themselves |
Re: EPL Chatroom - All Discussions by BlueRayDick: 10:51am On Aug 13 |
izzou: This has little or nothing to do about defending dollar or not. I will tell u why the 2022 article is still valid and correct. Dangote like every other business man sources for dollar for the purpose of buying his crude(Majority of which is sourced from abroad since FG/NNPC is unable to provide him crude even if they wish to). In 2024 he as a businessman is sourcing dollar at a higher rate than he would've done in 2022. It is only expected he sells his product to reflect his cost (chief of which is exchange rate determined) and then sell at a profit. Why will he sell cheaper when he has financial obligations that are already due to his lenders? It's just so funny how u actually believe Dangote is doing all of these things for the love of his country and not that he's trying to survive as a businessman who invested in a business that has since undergone several changes in dynamics |
Re: EPL Chatroom - All Discussions by GloriousGbola: 11:02am On Aug 13 |
Are gtbank online serviceds down? I can't do anything through the app.i keep getting disconnected message They have fallen sha I had to do ussd because online transaction kept failing The chip fell out of my card yesterday I went to their bank ran the machine and it printed an incomplete card. So I had the option of trying again or waiting for three days. I tried again and this time it worked |
Re: EPL Chatroom - All Discussions by BlueRayDick: 11:02am On Aug 13 |
https://www.nairaland.com/8183444/apc-replies-arise-tv-rufai Theflint1, Oga monday and APC say if una wan see him attend interview, dem make una pay him $1million |
Re: EPL Chatroom - All Discussions by izzou(m): 11:03am On Aug 13 |
BlueRayDick: Where did you see me say Dangote is doing it for the love of Nigeria? I am fighting for my pocket bro. So far, Dangote is cheaper. And with the naira falling anyhow, that is our cheapest option. With the numerous importers we have, none can show workings and import it cheaper. Like i said, i really hope his PMS is cheaper. I no dey for any nonsense propaganda wey any marketer wan sell to me. If you think you can make it cheaper, do it. We go buy. |
Re: EPL Chatroom - All Discussions by izzou(m): 11:05am On Aug 13 |
BlueRayDick: Raumdeuter will soon come and support this. But he will wail on American politics thread because Kamala no gree attend interview 10 Likes |
Re: EPL Chatroom - All Discussions by BlueRayDick: 11:06am On Aug 13 |
izzou: I never said it can't be cheaper. Go and check my initial post to u. All I'm saying is that only subsidy can make it cheaper for real. Who gets that subsidy is what all concerned parties are fighting tooth and nail for |
Re: EPL Chatroom - All Discussions by BlueRayDick: 11:07am On Aug 13 |
izzou: I trust him to support this and even bring evidence from "saner climes" to justify his position sef |
Re: EPL Chatroom - All Discussions by Theflint1(m): 11:29am On Aug 13 |
BlueRayDick:Lol...APC is the weapon fashioned against Nigeria The people wey pick am know why dem pick am sha, cause I'm sure APC could have found a better candidate. |
Re: EPL Chatroom - All Discussions by BlueRayDick: 11:39am On Aug 13 |
Theflint1: The man is not even beating the allegations. They said he's not smart, now see him proving them right |
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