Jangbajantis:
Marketers are running away because of Naira low value. If we go by former exchange rate, fuel price should be around N300 to N450 per litre now without subsidy.

nairalanda1:
NIgerians do not want to pay market price for petrol....that is why we are having all this long grammer about Dangote doing emotional blackmail.

The thing is, Tinubu's government does not want to admit that they have been paying subsidy and they have to remove it for petrol to flow. Because it means prices go up, and their chances of winning in 2027 go away.

Nigerians as a whole do not want cheap fuel to end. There are the subsidy cabals, the smugglers, and most poor Nigerians.

Infact, subsidy is one of the few things the elite and the poor agree on. It benefits both of them...at the expense of economic progress and development of a domestic refining capacity.

Cheap fuel is what isdriving this whole thing. No Nigerian wants to pay N1500 for a liter of fuel, as it means that the subsidy is truly gone. But attempting to keep fuel cheap is hurting NNPC, who right now are scraping the barrel to pay for it. Their barrels, not the government. And they are at a point where they cannot keep scraping the barrel.

Subsidy should go. It's time to end the five decade old charade. But I know Nigerians...we would sacrifice our economy to Molech rather than do the sane and right thing. After all, we want N20 FUEL.

Shadomaan7:
The guy should just shut up. He is making no sense

Kobojunkieee:
Why in the world would you even concern yourself with this former exchange rate? Was the crude oil, and every other input, used in producing the fuel bought at this former exchange rate you concern yourself with? Are Nigerians to pay their 7.5% tax when buying fuel by the former exchange rate as well? Sheeeesh!

Jangbajantis:
■ You're still thinking about what's right and what's wrong. The sooner you understand that this country is a business centre - and the Fed. govt. is the major shareholder - the better for you.

Kobojunkieee:
Answer the questions please.
► Why in the world would you even concern yourself with this former exchange rate as of 2023(or were you considering the exchange rate before Buhari took office about 9 years ago) when we are in 2024?

► Was the crude oil, and every other input, used in producing the fuel bought at this former exchange rate you concern yourself with?

► Are Nigerians to pay their 7.5% tax when buying fuel by the former exchange rate as well? Sheesh!

DevilsEqual:


Those with null Knowledge about everything would attack this Expert and tell us how the FG is tryna sabotage Dangote, but the truth is...


Judging by the recent statements from IPMAN and NNPC, its obvious that Dangote is playing an Hanky-Panky game of setting everybody up against each other, while using the emotional blackmailing tactics to win the masses to his side and still use their sympathy to fix PMS at a high price



Dangote has reached out to everyone one, yet he still hasnt make his price known during the process

Islie:
Dangote Refinery playing emotional blackmail, Nigerians swallowing it – Financial expert



https://dailypost.ng/2024/09/13/dangote-refinery-playing-emotional-blackmail-nigerians-swallowing-it-financial-expert/

F117nighthawk:
The reason the government easily deceive and scam many of u with lies,they send all manners of people to social media to write all manner of rubbish to support their criminal acts
This same man had been selling diesel and jet A1 from his refinery for months now we didn't hear this story,why because diesel and aviation fuel has been deregulated,he want to start selling petrol now we dey hear all manner of stories because petrol is being subsidized and they want the subsidy scam to continue.the same NNPCL who have been opaque and not transparent to Nigerians all the years they have been importing fuel,now playing all manner of games because the local refinery doesn't belong to them and every kobo of sale and refined products can be accounted for,hence the tricks and corrupt practices will be exposed and buried by Dangote refinery.
Does common sense not tell us why NNPCL choose to continue to import petrol for over 30yrs and having spent over 20 billion dollars for turn around maintenance yet no refined product coming out of the government refinery?
And besides why do u think NNPCL want to have a permanent office stationed inside DANGOTE REFINERY?

DevilsEqual:


Those with null Knowledge about everything would attack this Expert and tell us how the FG is tryna sabotage Dangote, but the truth is...


Judging by the recent statements from IPMAN and NNPC, its obvious that Dangote is playing an Hanky-Panky game of setting everybody up against each other, while using the emotional blackmailing tactics to win the masses to his side and still use their sympathy to fix PMS at a high price



Dangote has reached out to everyone one, yet he still hasnt make his price known during the process

Ttalk:
That Vice chairman of Dangote want to use Indian sense on Nigeria, Saying marketers don't want to buy their cheap PMS. Which kind lie be this na, abi em think say na Zeeworld im come act for Nigeria ni.

Nigerians don't want to take shit either from NNPCL or from Dangote, we would hold Tinubiu and Dangote responsible for any reason that makes PMS expensive in Nigeria

jaxxy:


If dangote tells the public how much he's selling his fuel it will be game over for NNPCL...

chidiokay:
■ Did you say lies, how do explain the petition that was written to the presidency Dangote crime .. he crashed diesel to 900 🤣🤣🤣 they even had guts to say it, how is cheap diesel counter productive. naa ogun go kill una loved ones

teepain:


This assertion flies in the face of logic. If the Dangote is serious and honest, let him sell to neighbouring countries. From there, we would see if his PMS will be cheap. Infact, if he sells cheaper fuel to Benin Republic for instance, we should witness a situation where the smuggling of subsidized fuel from Nigeria would cease.

thesicilian:
If your product is better and/or cheaper, why would marketers prefer to import instead? There's something they're not telling us.

stuffs4me:



I totally agree with you.

I knew Dangote was playing the emotional game when he presented his transparent petrol in a bottle because every petrol is actually transparent at the time of refining but was dyed to give it that colour. Dye and odour are usually added to most liquids that come out looking like water. this is done to prevent humans from accidentally swallowing the dangerous fluids.

Petrol from Dangote refinery must be dyed as that is an international regulation and there is no amount of emotional blackmail that will exempt him from dying his own petrol too.

Kobojunkieee:
How did he crash the price to Naira 900 when the NNPC price of Petrol is currently Naira 858.00? 🤔

By the way, Dangote has yet to publicly announce any price to this moment we speak. 🤔

chidiokay:
■ i knew you are not intelligent when i saw your comment .... is the petition about fuel or diesel
will they wail about price of fuel, dangote is yet to announce ... i even mentioned diesel 900 . you can't support these yeye govt and not make a fool of yourself

rajiedreez:
Sure he should announce the price, at least he did so when he started selling his diesel

wirinet:


Flesh and blood did not reveal thus secret to you but the holy spirit. Refinery business around the world is not a profitable business, unless of course you secure a source of cheap crude, either by stealing or other underhand tactics.
Why dangote decided to pump in billion of dollars into the refinery business instead of other more profitable and less volatile business is a mystery to me.

Islie:
Dangote Refinery playing emotional blackmail, Nigerians swallowing it – Financial expert



https://dailypost.ng/2024/09/13/dangote-refinery-playing-emotional-blackmail-nigerians-swallowing-it-financial-expert/

Islie:
Dangote Refinery playing emotional blackmail, Nigerians swallowing it – Financial expert



https://dailypost.ng/2024/09/13/dangote-refinery-playing-emotional-blackmail-nigerians-swallowing-it-financial-expert/

jaxxy:


I thought u guys say they have removed subsidy??

Anyways he already said he can sell to other countries if we snub him. He just needs to name his price but NNPCL won't allow him.

affable4:
After reading all the post on this thread, I’m made to believe that we don’t really know what’s happening in this country.

Forget the monopoly and government support enjoyed by Dangote over the years. The problem we are faced with right now is how the present government wants to keep generating revenue from petroleum sales to its citizens.

You're not outrightly correct. Dangote is the one who wants just the NNPC to be its sole offtaker. And NNPC have made it clear they do not have the intention to be Dangote's sole offtaker. Just as I wonder, is it not supposed to be an open market? Why forcing just one business entity to be your sole distributor? Is that not monopoly. NNPC have declared that Dangote should sell to others that they do not have the intention of being its sole distributor.
Furthermore, even the Independent Marketers declared interest to buy from Dangote if its petrol price is lower than NNPC's imported petrol but Dangote is contradicting himself by saying Independent Marketers are not buying from him though his price is relatively cheaper.
What sort of contradiction is that?
Dangote is indeed playing emotional blackmail. Take it or leave it

We all deduced that PMS ought to be cheap if produced locally. Everyone is fighting to make sure the price is pushed as high as possible to keep the revenue coming.

For me, the government is the one blackmailing Dangote. Why would NNPCL want to be the sole distributor of a locally produced PMS? Just to keep the price bondage going.

Dangote said NNPCL will fix price. That tells a lot.

Let’s keep pretending like the people we have in the helms of affairs actually have the interest of the masses at heart.

We claim to be so intelligent, but we are often deceived by unintelligent lies.

chidiokay:



i cant believe any sane person will pick side with an enterprise that owns four refinery and cant even revive one to work,

An enterprise that declared profit and after days declare they are owing 6.6billion debt
some of you are very sick i swear

nairalanda1:
NIgerians do not want to pay market price for petrol....that is why we are having all this long grammer about Dangote doing emotional blackmail.

The thing is, Tinubu's government does not want to admit that they have been paying subsidy and they have to remove it for petrol to flow. Because it means prices go up, and their chances of winning in 2027 go away.

Nigerians as a whole do not want cheap fuel to end. There are the subsidy cabals, the smugglers, and most poor Nigerians.

Infact, subsidy is one of the few things the elite and the poor agree on. It benefits both of them...at the expense of economic progress and development of a domestic refining capacity.

Cheap fuel is what isdriving this whole thing. No Nigerian wants to pay N1500 for a liter of fuel, as it means that the subsidy is truly gone. But attempting to keep fuel cheap is hurting NNPC, who right now are scraping the barrel to pay for it. Their barrels, not the government. And they are at a point where they cannot keep scraping the barrel.

Subsidy should go. It's time to end the five decade old charade. But I know Nigerians...we would sacrifice our economy to Molech rather than do the sane and right thing. After all, we want N20 FUEL.