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Nairaland Forum / Nairaland / General / Politics / Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price (12724 Views)
Dangote Fuel: Marketers Fear High-Priced Petrol Ahead Of Supply / Petrol: Landing Cost Rises 46.8 Per Cent To ₦1,026.71 — Vanguard / Adulterated Fuel: Marketers Fear Court Cases, FG To Compensate Car Owners (2) (3) (4)
Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by dre11(m): 6:32am On Sep 10 |
https://punchng.com/dangote-petrol-marketers-fear-high-price-as-landing-cost-hits-n1120-litre/?amp 2 Likes 2 Shares
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Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by vanbonattel: 6:34am On Sep 10 |
Fuel costs will keep rising because of fraud in the petroleum sector led by people that has never said a simple truth in all their lives. Those who claimed they developed Lagos, after leaving Iragbiji desolate. Let me tell you people how to survive in this administration with minimal damages. Guys, buy joggers for all your family. The time for walking on high heels and wearing boots or costly shoes is over. Buy running shoes and be walking or running for short distances of travel below 2 kilometers. Younger people should be doing 4 to 5 kilometers as the need be. These criminal politicians will keep being confused till the next 7 years. No solution in sight, their pockets they are stuffing won't be full even in 2031. Sorry Nigerians. 34 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Standing5(m): 7:24am On Sep 10 |
Marketters again. Always scheming for freebies that can sustain their excesses. 4 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by CodeTemplarr: 7:28am On Sep 10 |
If Dangote gets crude at intl price from govt or any other sources, commonsense dictates the petrol gotten from the refining process should be almost, if not intl price. This art of poisonning minds by local marketters can't work. They want artificially low-priced fuel so they can keep supplying the whole of west Africa and parts of central Africa and feel Dangote can be blackmailed into giving them just that. I doubt it can work. 7 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by EyeCumInPiece: 7:29am On Sep 10 |
Increase in fuel price =increase in cost of living =increase in Landing Cost =further increase in Fuel Price =Further increase in Cost of Living =Further increase in Landing cost =Further further increase in... Wahala! Wahala!! Wahala!!! Thïefnubu is a fallen demon on a 3-fold mission to Steal, to Kill and to Destroy. 31 Likes 1 Share
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Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by JASONjnr(m): 7:36am On Sep 10 |
Dangote high petrol price? Is this what the FG is coming up with? Dangote made it clear that the retailing of the product will be decided by the FG and not him. Except he has a refinery, he can't decide the price. Well.... I was told he owns dangote refinery in Kano.... I'd love to know the prices of petrol at his Kano refinery. |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by onome25(m): 7:42am On Sep 10 |
dre11: Everyday Dangote this & Dangote that....na wetin Fuel no de 😡 Food no de 😡 Job no de 😡 Social amenities no de 😡😡😡 Na which crime to be a Nigerian 😕 I don search my old jeans to see if I forget some money inside but rather d pockets itself bite my hands out of anger🤣 God me & millions of vulnerable Nigerians de Ur hand✋ 4 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by autodevice(m): 7:42am On Sep 10 |
Hmmm |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by phemmie06(m): 7:43am On Sep 10 |
Nigeria is a mess but God can still clean it. Naira floated and subsidy gone, meanwhile the petrol price determines price of commodities in the market. May God help us 3 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by kennyz247(m): 7:43am On Sep 10 |
Tinubu will not surely send Nigeria on extinction .. 4 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Quelme: 7:44am On Sep 10 |
Dangote is an opportunist. Dollar was heavily subsidized by the Shina Rambo led Emefiele led CBN and now the same mofo is pricing his product out of the reach of Nigerians. 4 Likes 1 Share |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by RealTrump: 7:44am On Sep 10 |
Petrol would find it's true value, and that true value is ₦1200. This would further help to slow down the economy as desired. I went to the ShopRite around my area last Sunday, and the place was packed full. Nigerians still have money, they are just lieing. More taxes should be introduced in order to help mop up excess money in the economy. Nigerians should be willing to make this sacrifices for their leaders cos the weight on a leader is really unbearable. 1 Like |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Racoon(m): 7:44am On Sep 10 |
Everyone is a criminal as far as this issue is concerned. Dangote, NNPCL and Tinubu government 2 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by RealTrump: 7:45am On Sep 10 |
CodeTemplarr: This reasoning no follow. Is Dangote paying the same salary as international refineries? I can bet 95% of his workers earn less than $100 per month, he is know for paying peanuts anyway. It's you people that are having hope on Dangote, I have long predicted that Dangote fuel will be more expensive than imported ones. |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by kenbee(f): 7:45am On Sep 10 |
You increase Fuel price = Commodities increase = Naira falls against Dollar = Inflation . The continuous Circle keeps repeating it self. Nigeria And the Senseless government keeps feeding fat to the detriment of its citizens. 1 Like |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Sonofgod1990(m): 7:46am On Sep 10 |
I laugh in ngelale 1 Like 1 Share |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by AntiChristian: 7:46am On Sep 10 |
May Allah bless Dangote! May Allah bless me! May Allah bless Nigeria! |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by id4sho(m): 7:46am On Sep 10 |
The real price without subsidy is 1300-1400 @ pump Tulumbu doesn't know how to tell Nigerians that the last increase is not enough. Fuel could have sold for 2K if DSS didn't release Joe Ajearo(NLC President). Tinubu is taking his luck too far |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by rayedesiri: 7:47am On Sep 10 |
Watch how braces can transform your teeth. https://youtube.com/shorts/ThEVar31qck?si=077Vd4EBilJv2gFu |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Julibet: 7:48am On Sep 10 |
What's making me laugh is that labour agreed to 70k on the premise that they won't increase fuel price and refineries will be revamped. 70k neva come but dem don make una spend am finish. I may not like BAT but I give it to man, he's really diabolical clever. 2 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Dogalmighty17: 7:48am On Sep 10 |
From the look of it Dangote is an unserious person. How do you build a refinery and then you claim that you are waiting for the NNPC to fix the price of your product? Dangote and NNPC want to connive to rip Nigerians off. That's all I see here. 1 Like |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Kelklein(m): 7:49am On Sep 10 |
Nigerians survived the SHEGE stage.. They are currently at the SHEGE BANZA stage that was foretold.. The next stage is just by the corner - The SHEGE DAMBURUBA stage. Brace up for impact my people. 5 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by aywagze(m): 7:50am On Sep 10 |
Bunch of greedy people that think they will live forever ..🤔 |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by phemmie06(m): 7:50am On Sep 10 |
The worst government we ever had was the government of Buhari but the government of Buhari was a paradise compared to Tinubu. Even the bonafide or the real son of the land (omo oko) are wailing more than those of us they called omo ale (bast^rd) 6 Likes 1 Share |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by jaxxy(m): 7:50am On Sep 10 |
There is no reason for dangote fuel price to be high. He had been given all the incentives to lower his price and still make good profits The delay is because of the hawks |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Confirm4real(m): 7:51am On Sep 10 |
I pity workers This Time Around... How much kon be salary to dey spend money for transport 3 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Lush100(m): 7:51am On Sep 10 |
Landing cost. Landing from where to where. Isn't it crude oil drilled from our earth reserves either onshore or offshore with pipes to convey them refinery and then depots. We like making simple things complicated. The gas that runs from Russia to Europe (Germany) is done through pipes. What's the issue with our own crude oil and gas that we can't do the same 3 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by WhatIf: 7:53am On Sep 10 |
Let me patiently wait to see how this chess game will favour Nigeria and Nigerian! 1 Like |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Lush100(m): 7:53am On Sep 10 |
jaxxy: Exactly. No landing cost. Cost in naira Oil conveys from Nigeria to Nigeria . The hawks are just greedy 3 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by Bluntemperor: 7:54am On Sep 10 |
Rubbish talk. Govt should dismantle both the Marketers and NNPC, and let Nigeria be. Truth be told-that all this evil action that both NNPC and Nigerian Oil Marketers are trying to Dictate the 6Prices for Dangote,just to have the saving grace . DANGOTE MUST NOT GREE THEM. NIGERIA-FUEL PRICES SHOULD NOT BE MORE THAN N500 OR AT MOST N6OO. IF DANGOTE DO THIS,HE WOULD HAVE WON THE WHOLE CONTINENT OF AFRICA TO HIMSELF AND SHAME THE DEVIL AR HOME IN NIGERIA. Radarada Osi. |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by onyxo76(m): 7:55am On Sep 10 |
I don't understand something here if dangote is refining his fuel here, why should it more expensive afterall there is no shipping charges and forex payments, is there something I'm missing 2 Likes |
Re: Fuel Landing Cost Rises, Marketers Fear High Dangote Petrol Price by ivandragon: 7:56am On Sep 10 |
Hmm... Seems Nigerians don't really understand how Dangote's refinery in a free trade zone works. By establishing in a free trade zone, Dangote's refinery is exempt from a lot of customs duties and excises. But if and when Dangote decides to 'sell' his products in Nigeria, he will technically be exporting it. So with Dangote's refinery, Nigeria would still be 'importing' PMS and it would be taxed like any other goods. That is one of the areas that needs to be cleared up and why Dangote said it is the government that would decide the price of PMS. If the government decides that the PMS from Dangote should be import-free duty, then the price would reduce a bit, not much, but a bit. But if government wants to collect its usual import duties like it does for diesel, aviation fuel etc, then the price is going to increase, a lot. If diesel sells for around N1,000 at retail, expect PMS to sell at around N1,100-1,200 because it is more expensive to produce PMS than diesel. |
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