NewStats: 3,259,304 , 8,169,769 topics. Date: Saturday, 24 May 2025 at 04:43 PM 5k2n4o

Asquare84:
With this current price will it still be profitable for smugglers who smuggle Nigerian oil to neighbouring countries?

Just cos u can't effect border control means 200million Nigerians should suffer for it...

Apc govt wil favour u all......

Eniitankorede:



Price differentials due to subsidy is the prime motivation for cross border smuggling of prtrol. Ask anybody on that.

Why can't u police ur border?

englishmart:
What's the utility of the Dangote refinery to the ordinary Nigerian?

Dangote refinery has become the biggest undoing of nigerians, a project they awaited with so much hope for a lower petrol price. I hope government will not leave us solely in the hands of Dangote, government must continue to regulate the price to avoid, monopolistic practice.

Gboss247:
Compare the prices of American crude grades to Nigerian crude grades, American petrol grades to Nigerian crude grade and eliminate all non-crude based petrol.

WTI crude ooened at $74;and closed at $72 today. Brent Crude closed at $76 today. A difference of $2. Dies that justify the high price Nigeriaans will be paying for a product in their backyards?

mysteriousD:


Why can't u police ur border?

Because everyone is corrupt in Nigeria, from customs to police. That’s why we need social behavioural change. We are suffering from injuries inflicted on ourselves.

ElSudani:


Convert your vehicle to gas, that is way cheaper.

Why are the foreign countries not producing CNG cars

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Eniitankorede:




Go on google, Buhari removed subsidy from June 2023. But he had no money to pay as at January 2023 in government coffers. And they owed NNPC 3 trillion in subsidy p payment.

If i was paying you monthly to water my flower and i stopped paying, does it mean i dont want my flowers watered?

RealityOfReason:


Actually, he made sense and you said sh!t instead. What is the competitive dollar price of Petro in West Africa? Dangote's price in naira is in reference to the index dollar price. Hence, regardless of how useless naira is, you cannot smuggle because by the time you convert to the neighbouring country's currency, it will still be their own reference to the same index dollar price. The only exception is if Dangote is referencing an index dollar price (a global mkt price) that is cheaper than the dollar price being referenced in the neighbouring country.

You need to start thinking optimally

You are the one that really needs to get your argument right. I need not talk again.

Eniitankorede:


Same Nigerians live abroad and obey laws...get systems ...there is more than enough tech out there to police our borders now...


Because everyone is corrupt in Nigeria, from customs to police. That’s why we need social behavioural change. We are suffering from injuries inflicted on ourselves.