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N950/litre Dangote Petrol May Justify More Importation -marketers - Politics (2) - Nairaland 4k4u44

N950/litre Dangote Petrol May Justify More Importation -marketers (19405 Views)

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Graypoint: 12:15pm On Sep 17, 2024
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baralatie(m): 12:17pm On Sep 17, 2024
Anither563:
The price is actually lower than the cost of importation so it may not justify importation.
The marketers themselves that are buying imported fuel refused to even state how much they buy the supposed cheaper imported fuel
As in
They did not state kpim
isan(m): 12:18pm On Sep 17, 2024
We don't trust FG , we don't trust marketers, we don't trust NNPC , and we don't trust dangote .... they all are thieves

3 Likes

baralatie(m): 12:18pm On Sep 17, 2024
How much is the imported fuel
GloriousGbola: 12:19pm On Sep 17, 2024
The summary is that under this arrangement, everyone but nnpc will be reduced to a middleman. 950 is still a subsidized rate. The cost after importation will be too high compared with nnpcs rate.

1 Like

oyeb15: 12:19pm On Sep 17, 2024
Fuel price increases from d moment Dangote started crying about d availability of his useless refinery.

The fools praising him should know that imported things are always cheaper than home made.

Markers buy fuel abroad as low as #200 per liter before they pay for clearing ,tax,etc which is inflated during this Tinubu regime.
Duokc: 12:20pm On Sep 17, 2024
False Prophet.

BlackfireX:
Fuel is going to be sold #1500
While dollar will be 1usd = 2000



By December



You wanna bet
grin

Omo wa ni ejeki ose, odun mejo mape 2031
femi4: 12:22pm On Sep 17, 2024
Shadomaan7:
The price of Dangote petrol is yet to be released. All the speculations are just noise.
And you think it will be less than 900/litre....dey play
Blitzking: 12:24pm On Sep 17, 2024
adenigga:


Source: https://punchng.com/N950/litre-dangote-petrol-may-justify-more-importation-marketers
If dangote fuel is more expensive..let us dump his oil and continue importing...he can sell to any other nation he so desires..govt can decide to tax him heavily if he wants to reap Nigerians .
frog12: 12:25pm On Sep 17, 2024
where are those dangote mouthmen ? grin grin grin

tinubu should sack that mele kyari. he don overstay
Ijaya123: 12:27pm On Sep 17, 2024
I said it yesterday on another thread. Let IPMAN import petrol and sell at their desired price and let’s have competition in the market.

2 Likes 1 Share

Flangelo12: 12:29pm On Sep 17, 2024
But you claimed this was the landing cost not long ago

lexy2014: 12:30pm On Sep 17, 2024
DevilsEqual:


They are making it more secretive because they have bigger mischievous plans

Dangote hasnt been transparent enough to tell us his own price too....He debunked NNPC claims yet didnt state his own


In the end, i guess all this is because they are still planning to pay fuel subsidy

Why did nnpc decide to hijack dangote fuel instead of allowing him to sell directly to marketers?
Flangelo12: 12:30pm On Sep 17, 2024
frog12:
where are those dangote mouthmen ? grin grin grin

tinubu should sack that mele kyari. he don overstay

What do you say about this?

Satazaa: 12:30pm On Sep 17, 2024
F117nighthawk:
You can't blame Dangote,it's the corrupt lack of transparent government u blame,they have arm twisted Dangote by supplying him crude in naira and telling him to make them the SOLE OFF TAKER.this is Nigeria u have criminals and wicked people in government.the only way Dangote can stay in business is the way he is playing along.
He can't fight and win the government .you know how the dysfunctional system works here absolutely correct



stuffs4me(m): 12:30pm On Sep 17, 2024
BlackfireX:
Fuel is going to be sold #1500
While dollar will be 1usd = 2000



By December



You wanna bet
grin

Omo wa ni ejeki ose, odun mejo mape 2031


IP0B/0BIDIENTS will cry for the next 16 years

1 Like 1 Share

nairamaniac: 12:30pm On Sep 17, 2024
Salewa97:
Toh

Let the market play the game. The price of petrol will soon crash
It won't crash. They would all agree in one same tight ring of greed&curruption.
They would all come to a an understanding and let the masses suffer.
lexy2014: 12:31pm On Sep 17, 2024
Ijaya123:
I said it yesterday on another thread. Let IPMAN import petrol and sell at their desired price and let’s have competition in the market.

Who are the "let's" you are talking about?

Which competition are you expecting with nnpc fixing price ab initio?

1 Like

frog12: 12:32pm On Sep 17, 2024
are you making any sense? so if subsidy still dey, dangote go fit sell for 850 naira per litre?
it's all a game plan. the moment NNPC increase am to above 660 naira, Dangote too want sell for above 660 Naira
you people are unbelievable. you were ing Dangote, now your eyes don open, and you go start to curse am

Olaide1295:
Imported petrol cost per litre before subsidy: 1150 naira (or 0.8 dollars per litre).
Dangote Petrol cost per litre before subsidy: 850 naira (or 0.55 dollars per litre).

Yet, NNPC is happy to subsidize imported one and not the one produced locally (because they get kickbacks and bribes). That company is a crime scene.
Flangelo12: 12:33pm On Sep 17, 2024
frog12:
are you making any sense? so if subsidy still dey, dangote go fit sell for 850 naira per litre?
it's all a game plan. the moment NNPC increase am to above 660 naira, Dangote too want sell for above 660 Naira
you people are unbelievable. you were ing Dangote, now your eyes don open, and you go start to curse am

1 Like

nedekid: 12:35pm On Sep 17, 2024
Everything that works smoothly around the world, when it comes to naija, k leg must enter.
Too many mouths and interests involved from the highest level to the lowest.
Other places, a local refinary opens, prices drop drastically. In naija, a brand new one opens, prices skyrocket. No be juju be dat?

2 Likes

nairamaniac: 12:37pm On Sep 17, 2024
Biodun556:


NNPCL balance is negative due to payments of fuel subsidy on imported fuel years back. Probably they are using dangote petrol regain the loss
NNPCL balance is negative cause they are all the profits thru subsidy scams.
They never itted to being the sole importers of the fuel until recent times.

Now they have become the sole offtakers of Dangote fuel. Meaning they can either tell us any amount as what they are paying as subsidy for Dangote fuel or any amount they are using to buy/transport the product.


HEADS or TAIL, NNPC still wins.

It's a double edged sword.
frog12: 12:38pm On Sep 17, 2024
Dangote refinery is in Nigeria. no landing cost grin grin grin

Flangelo12:


Flangelo12: 12:41pm On Sep 17, 2024
frog12:
Dangote refinery is in Nigeria. no landing cost grin grin grin


Why are you confusing yourself?

The same marketers who claim Dangote's petrol is more expensive than when imported told us in June, that landing cost (outside of profit), is 1117 Naira.

1 Like

frog12: 12:43pm On Sep 17, 2024
landing cost is added because that was imported petrol. this landing cost headline is wrong figure i think.
see, Dangote refinery is in nigeria. why don't you it, Dangote dey play everyone grin

Flangelo12:


Why are you confusing yourself?

The same marketers who claim Dangote's petrol is more expensive than when imported told us in June, that landing cost (outside of profit), is 1117 Naira.
waywardpikin: 12:44pm On Sep 17, 2024
Gamezi:
Like play like play na so we go dey buy petrol for 1k per liter… ah

I still can't believe it
Flangelo12: 12:45pm On Sep 17, 2024
frog12:
landing cost is added because that was imported petrol. this landing cost headline is wrong figure i think.
see, Dangote refinery is in nigeria. why don't you it, Dangote dey play everyone grin


You are an evil person.

For you to argue this fact, tells you have evil agenda.
mojid22000: 12:46pm On Sep 17, 2024
NNPC is the problem and culprit here, even though Dangote is not entirely fault free.
The secrecy is there because NNPC paid Dangote with crude oil to be supplied in future but can't come out to say this

See what NNPC said earlier this month

"NNPC also declared that Dangote and other domestic refineries were free to sell directly to any marketer on a willing buyer, willing seller basis, adding that it had no desire or intention to become the distributor for any entity in a free market environment."

And NNPC still remain the sole importer of petrol bin Nigeria as reported by punch earlier this month

The PUNCH reports that while licensed individuals have been importing diesel into Nigeria, NNPC remains the sole importer of petrol under the current istration.
frog12: 12:48pm On Sep 17, 2024
hahahah. just like how Dangote dey play everyone now.
he dey show everyone shege. Dangote refinery is a private business. he does not have to tell people how much his PMS cost grin grin grin

Flangelo12:


You are an evil person.

For you to argue this fact, tells you have evil agenda.
Flangelo12: 12:50pm On Sep 17, 2024
mojid22000:
NNPC is the problem and culprit here, even though Dangote is not entirely fault free.
The secrecy is there because NNPC paid Dangote with crude oil to be supplied in future but can't come out to say this

See what NNPC said earlier this month

"NNPC also declared that Dangote and other domestic refineries were free to sell directly to any marketer on a willing buyer, willing seller basis, adding that it had no desire or intention to become the distributor for any entity in a free market environment."

And NNPC still remain the sole importer of petrol bin Nigeria as reported by punch earlier this month

The PUNCH reports that while licensed individuals have been importing diesel into Nigeria, NNPC remains the sole importer of petrol under the current istration.





There is no controversy.

Marketers have been making a windfall from subsidy over the years.

In June, they told us that petrol landing at the port would is at 1117 Naira.

Which means they need to add their profit, and government should pay subsidy.

Now that Dangote is less than 1000 Naira, they claim importing is cheaper.

Criminals.

1 Like

themanderon: 12:51pm On Sep 17, 2024
That big behemoth of corruption Nnpc are the real villains in all of this. They crippled the refineries and now have raised their ugly heads again on Dfl.
Refining crude is not rocket science. Is it not what these creek boys do with reckless abandon yet a big corporation that has existed for years cannot do it.
We are in need of patriots right now in this country. The criminals in power are not ready to lose their grip on the throats of poor Nigerians.

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