NewStats: 3,262,144 , 8,176,190 topics. Date: Saturday, 31 May 2025 at 10:40 PM 256g4r

Not enough

Price of petrol is at an all time low 650/720 would have been manageable

dollypi:
I’m just waiting for BUA refinery to come online and give Dangote a run for his money.

That’s when the real market forces will come into play.

Let the masses breathe.

Did BUA do that with cement?

Wishful thinking. N10,000 for a bag of cement is outrageous. More players have to get involved in Cement production or even importation first. Create a level playing ground for all.

themosthigh:
Make dangote build petrol stations abeg

The only way they masses can enjoy the effects of reductions.

Imagine us celebrating N865 per liter of petrol

We deserve our leaders l swear

TheDemola:

Yes because the reduction is insignificant

You even get time to reply them, many people read to reply not to comprehend and comment in line with reality.

"The refinery had previously reduced its gantry price from N880 to N865 per litre; however, oil marketers did not on the savings to consumers."

bewla:
for what sir

you no read the post

You have a point.

koning:



Did BUA do that with cement?

Wishful thinking. N10,000 for a bag of cement is outrageous. More players have to get involved in Cement production or even importation first. Create a level playing ground for all.

NARTO
NURTW
PRIVATE CAR OWNERS
STATE GOVERNMENTS
LOCAL GOVERNMENTS
THE ABOVE MENTIONED SHOULD PITY NIGERIANS,BY REDUCING COST OF TRANSPORTATION

With the current price of crude it's still expensive .

Salewa97:
This is what we call market forces at play.

Dangote refinery will definitely bring sanity to the oil market.

This is actually still very high, by now we should be close to 600 naira considering the price of crude oil.

From 70 dollars to 64 dollars but dangote reduced it by 35 naira..no be juju be that how u wan compare 6 dollars and 35 naira..and to transporters wey Don dey enjoy cash and dem no wan reduce the money God dey watch una..and business men wey still dey hike price of things God is watching.

Is like market force is in force now

Salewa97:
This is what we call market forces at play.

Dangote refinery will definitely bring sanity to the oil market.

It is not market forces... It's competition in open market

Don't be fooled the capacity of BUA refinery cannot compete with Dangote at any level, just like cement it's still Dangote that will dictate the pace it's only if BUA can produce at 650 thousand capacity or more this can happen


quote author=dollypi post=135011147]I’m just waiting for BUA refinery to come online and give Dangote a run for his money.

That’s when the real market forces will come into play.

Let the masses breathe.

[/quote]

Finquas:
It should go back to 80 Naira per liter.. crude oil has crashed to record lows globally

is dollar back to 160?

iwaeda:
It should be N150 per liter.

Go and produce then sell for 150 na

slimmax:
We de wait until e reach 400naira, marketers no gree reduce price of other commodities, but make dem increase fuel by 10naira you go hear different talk

why you no reduce price of your own commodity

Salewa97:
This is what we call market forces at play.

Dangote refinery will definitely bring sanity to the oil market.

Anything that will bring bad market to the fraudulent politicians in government who are operating by proxies importing petrol is welcome. Dangote na real man.

Eraddray:
that's for u to knw that naturally.... we're not good ppl in this country....it's not about our government alone

gbam!

dollypi:
I’m just waiting for BUA refinery to come online and give Dangote a run for his money.

That’s when the real market forces will come into play.

Let the masses breathe.

The way BUA cement gave dangote cement a run for their money abi?

Dey play

Yungproducer:
Good development

With the price of crude oil in the global market, the price of fuel should not be up to 700/litre.

Pootle:


you no read the post

Let him sale petrol for. 200


And because messier for the country

bewla:
Let him sale petrol for. 200


And because messier for the country

let govt sell crude oil to him for free

Dangote control price of fuel in Nigeria... God who do is this thing

Salewa97:
This is what we call market forces at play.

Dangote refinery will definitely bring sanity to the oil market.

Lol it crashed in global market but won't crashed in Nigeria,of which we have crude oil in abundance everyone that's after all this economy hardship will not go unpunished....increase in petroleum pump price is one of the reason price of goods & services increased

VERY GOOD. REDUCE FURTHER TO N500 PER LITER AND STOP EXPORTING PETROL

dollypi:
I’m just waiting for BUA refinery to come online and give Dangote a run for his money.

That’s when the real market forces will come into play.

Let the masses breathe.

In of cements he is yet to give him a run for his money, how do you then think it will be different in the Oil sector. They will do it together as they are doing in the cement industry

I told you if we give this man a chance things will be easier we will notice change, my mind is more comfortable with him let capitalism, it a new era of production.

I don't get why this man invested refinery
. Electric everything in the next 10 yr will be very advance. and the constant green policies and need for zero emissions will end any need for fuel based cars

oshiokpu:
Make this thin try go back to like 500

Their is a big probability it might happen I can say this of him confidently than I can say of the governmnt's own, but u know their are many persons that would not want that to happen cause it will block their sources of income as will say it, so that might be the challenge but God them.