| CSTRR: 7:34am On Mar 14 |
lonecatt:
as usual waiting years for refineries to come and undo the damages caused by your inefficient buboon .all these Yoruba people and thinking self
Na so we see am o.
Everybody singing tinubu's praise is from the same ethnicity as him.
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| Agbegbaorogboye: 7:34am On Mar 14 |
wellmax:
Suspending subsidy and stabilising the forex exchange are steps every right minded politician knows needed to be done. but no one had the courage.
Tinubu had the courage and has done it once and for all. Why postpone a needed change.
You think Dangote will sell at N167, or you suggest we pay subsidy to Dangote too? `will that change anything?
God bless Tinubu for his courage
Why did he oppose subsidy removal in 2012
Subsidy removal can only work as it is now when you have local refining. Without local refining, what you'll have is a distortion
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| Mikuni(m): 7:41am On Mar 14 |
AsgardKing:
No state is owing salaries now I think.
Is there any state owing workers salaries? I'd like to know please.
Ondo
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| Gboss247(m): 7:44am On Mar 14 |
lionshare:
Let the competition continue—Dangote should eliminate all these importers by dropping the price to N650. That way, the importers will have no choice but to buy from him until it becomes cheaper to import. 
marketers are secretly subsidized
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| Gboss247(m): 7:45am On Mar 14 |
oyekanwahab:
this is how it suppose to be , in any sane country, competition among the players, with us the consumer benefiting from it
global oil prices is on a decline
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| Gboss247(m): 7:46am On Mar 14 |
BrightFuture48:
Exactly but for greediness and selfishness he decided to be selling fuel above what is normal.
We all rejoice when is refinery is coming on stream thinking that it will lessen the price because that would have eliminate the overhead land cost but he choose to be selling his fuel above 1k initially. This is part what prompted FG to resume import fuel to break the monopoly and God bless them for it.
Like you said, selling for 650 or less would have discouraged fuel importing totally but his greediness and capitalist intent wouldn't allow him, just want to milk people dry. I pray more refinery or modular refinery come on stream to challenge his Monopoly, that will be absolute better for we masses. Imagine having only MTN as only license telecom carrier, you will agree with me, many wouldn't have be able to afford even Sim card or phone by now. I pray FG get it right in downstream sector also.
When you wake up from your dreams, importers are receiving secret subsidy and petrol is decreasing due to price of crude the international market
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| Gboss247(m): 7:49am On Mar 14 |
ivandragon:
For the current socio-economic realities, PMS should not be more than N400 per litre.
That will only happen if the minimum wage is reduced back to N30,000 and with forex going back to N700/$
1 Like |
| Gboss247(m): 7:50am On Mar 14 |
nnewsnjobs:
It should continue going down until it gets to #500 per liter.
Dangote should do the needful and reduce it further.
Oil marketers/importers should keep their import license with them and be ready to import fuel in case Dangote want to do otherwise and start increasing price.
Anything to favour Nigerian masses is what we want.
With loans borrowed from AfDB, Afreximbank, World Bank to import expensive substandard petrol from Europe and Europeans buys cheaper high quality petrol from Dangote.
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| AerialMapper: 7:54am On Mar 14 |
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I'm beginning to change my stance with this Dangote price war. It might just be his aim to lower prices, force out the competition, own the market and then recoup all losses by jacking up prices.
However, I do not importation as a way to compete against a locally manufactured product. FIX THE REFINERIES, LICENSE MORE LOCAL REFINERIES AND LET THE CONSUMERS ENJOY HAVING A CHOICE
5 Likes |
| lagosrd: 7:59am On Mar 14 |
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| Appletek: 8:03am On Mar 14 |
lonecatt:
as usual waiting years for refineries to come and undo the damages caused by your inefficient buboon .all these Yoruba people and thinking self
If not for Yorubas who gave you succour, many of you useless Ipob would have been killed by your kinsmen in Igboland.
2 Likes |
| ivandragon: 8:05am On Mar 14 |
Gboss247:
That will only happen if the minimum wage is reduced back to N30,000 and with forex going back to N700/$
When minimum wage was N30,000, PMS was about N190... so if it rises to N400, which is more than twice the previous cost, why should the minimum wage go back to N30,000?
On forex, that is agreed. It should not be above N700. Mind you, that is also almost double what it was when minimum wage was N30,000.00
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| Bobloco: 8:07am On Mar 14 |
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| DeOTR: 8:09am On Mar 14 |
Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'
That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.
Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.
There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.
It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.
If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have
Given enough time, nothing is achieved. It's not you that'll decide if the country will recover or not. It's already recovering.
1 Like |
| phemray(m): 8:10am On Mar 14 |
Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'
That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.
Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.
There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.
It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.
If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have
U mean, subsidy is gone, should have been pronounced in 2025?
Did you think Dangote would have commenced operations successfully if subsidy was not removed? Considering the cost of imported crude that takes more than 70% of his total crude.
Let's call a spade a spade, we face it once and now the price will be coming down till it get to ₦400 u said. My problem is what exactly is the Work of NNPC? Paying huge amount as staff overhead and remitting nothing
1 Like |
| Tayorshd87(m): 8:10am On Mar 14 |
Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'
That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.
Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.
There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.
It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.
If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have
That true
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| Bobloco: 8:12am On Mar 14 |
Bosman17:
How would that have happened? See the war Dangote fought and the pressure Nigerians hipped on NNPC before allowing Dangote operate? If we were still paying subsidy, Dangote refinery won’t have seen the light of day!!! Also who are we truly subsidising? You with one car and a generator? No!!! The people smuggling out the petrol to sell to neighbouring countries are the true beneficiaries….
Lie from the pit of hell
Did Dangote start building his refinery under the Tinubu regime?
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| babat89: 8:13am On Mar 14 |
Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'
That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.
Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.
There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.
It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.
If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have
Tell your Papa make e go contest as President naw?
1 Like |
| happney65: 8:14am On Mar 14 |
Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'
That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.
Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.
There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.
It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.
If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have
Exactly
You dont have alternative source of power yet in your house,yet you cut all Nepa wires in your hourse. Why dont you wait first till you have alternative source of power before doing that.
Have a working refinery first before you do all that rubbish. That was my argument during the GEJ time. You dont put the cart before the horse.
There is no way if fuel is refined here why it wont be cheaper than when it is imported. No way. It will always be cheaper.
You cause unneccesaary wahala for the populace you come dey run here and there with your propaganda
Rubbish!
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| Jii95: 8:16am On Mar 14 |
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Petrol should be sold at 500.
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| Bobloco: 8:17am On Mar 14 |
DeOTR:
Given enough time, nothing is achieved. It's not you that'll decide if the country will recover or not. It's already recovering.
Continue to deceive yourself
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| DeOTR: 8:18am On Mar 14 |
belikewater:
Most people just dey yarn rubbish above, if Dangote had not activated his refinery una for dey buy petrol at N2,000 per litre now. Tinubu should have waited for the refinery to be operational before removing subsidy, the real hero here is Dangote and NOT Tinubu. Sai Dangote!
So Dangote will sell petrol at N192 or do you want the FG to pay him subsidies too? How you think the refinery will be operational without subsidy removal or payment is what is beyond me, because every right thinking person knows he can't sell at the subsidized price and stay in business.
1 Like |
| Bobloco: 8:19am On Mar 14 |
babat89:
Tell your Papa make e go contest as President naw?
Just accept that this is way beyond your mental capacity to comprehend
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| Cajal(m): 8:23am On Mar 14 |
Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'
That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.
Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.
There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.
It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.
If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have
Sorry
Subsidy is gone
U can look elsewhere for free money
Sorry...
Dualization of foreign exchange is gone for good
You can source your dollars from trump
1 Like |
| bong4(m): 8:26am On Mar 14 |
lionshare:
Let the competition continue—Dangote should eliminate all these importers by dropping the price to N650. That way, the importers will have no choice but to buy from him until it becomes cheaper to import.
Instead of saying "eliminating the importers", let us lay emphasis on making all refineries work. This will ensure competition across board. We don't want a situation where Dangote will drive everybody away and then start increasing his prices once again.
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| sayittome(m): 8:28am On Mar 14 |
lionshare:
Let the competition continue—Dangote should eliminate all these importers by dropping the price to N650. That way, the importers will have no choice but to buy from him until it becomes cheaper to import.
HMM. And what do you think will happen to the price of fuel when there are no more exporters
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| teeteepeejay: 8:30am On Mar 14 |
Bobloco:
The excitement and euphoria of being sworn in as Nigeria's president overtook Tinubu’s reasoning, which led him to make that thoughtless statement: 'subsidy is gone.'
That thoughtless statement, followed by the floating of the naira, brought untold hardships on Nigerians, and this country will never recover from it.
Subsidy removal was supposed to be a gradual process, ensuring first that our refineries were operational and implementing measures to mitigate its effects on Nigerians.
There was no justification for the price of petrol to rise from below ₦200 to over ₦1,350 per liter in such a short time.
It was pure wickedness and draconian by the Tinubu regime in the way it handled the subsidy removal and floating of the naira.
If Dangote Refinery and other refineries were operational before the subsidy removal, the price of petrol wouldn't have gone beyond ₦400 per liter, and transportation costs, food prices, goods, and services wouldn’t have skyrocketed to the extent that they have
Lamentations. Make hunger no kill you and your family like this
1 Like |
| sayittome(m): 8:38am On Mar 14 |
AerialMapper:
I'm beginning to change my stance with this Dangote price war. It might just be his aim to lower prices, force out the competition, own the market and then recoup all losses by jacking up prices.
Did you really think Dangote was reducing price of fuel because he loves u and because he cares about Nigerians? Wake up brother.
Did you wonder why he hasnt reduced the price of cement.
The truth is that the petrol importers are competing with dangote, hence the price reduction.
You need to understand that there is nothing wrong with importation. In truly deregulated free market, every player is welcome to participate. Govt only needs to regulate. Importation is another mechanism to reduce to force/down price which govt needs to initiate when our local players like Dangote, farmers, manufactures, producers etc become very greedy and sabotage the economy.
However, I do not importation as a way to compete against a locally manufactured product. FIX THE REFINERIES, LICENSE MORE LOCAL REFINERIES AND LET THE CONSUMERS ENJOY HAVING A CHOICE
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| OlofofoCorner: 8:51am On Mar 14 |
Odobaone:
This man can sell petrol for #650 comfortably and still run business but you see grid. Thank God for competition. Let importation and price war continue.
Na you give am money to build refinery? He is a businessman not a charity organization...
Frankly speaking, Fuel will still go below 500 Naira.....it is gradually. But right now . Dangote is the only major player in the game . By the time some other people start doing the necessary. The price will fall yakata
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| Graciouslytaken: 8:54am On Mar 14 |
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Well said !
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| Odobaone: 8:55am On Mar 14 |
OlofofoCorner:
Na you give am money to build refinery? He is a businessman not a charity organization...
Frankly speaking, Fuel will still go below 500 Naira.....it is gradually. But right now . Dangote is the only major player in the game . By the time some other people start doing the necessary. The price will fall yakata
I agree 💯
2 Likes |
| NEIGHBOUR(m): 8:59am On Mar 14 |
lonecatt:
as usual waiting years for refineries to come and undo the damages caused by your inefficient buboon .all these Yoruba people and thinking self
You just wasted your education if you ever went to school.
Your saviour Obi, Atiku and Tinubu all promised to remove subsidy whether it was announced on the first day or not.
Go and read up the meaning of Deregulation, subsidy removal and the place of market forces.
It is not everything you bring in tribal sentiments.
1 Like |
