Expert Faults NNPCL Being Exclusive Buyer Of Dangote Petrol
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- เผยแพร่เมื่อ 15 ก.ย. 2024
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Initially, NNPCL said Dangote should not monopolize the market but now they want to be the exclusive buyers. Why can't he sell to any buyer?
NNPC deecleared a profit of $16 B. How do they have a debt of $6B...abi i no no basic economics??
Nigeria is a huge joke
420 govt!
Someone need to challenge this monopoly in court
If NNPC was refining crude, we wouldn't be in the situation for a start.
Thank you engr Alex. That is the truth of the matter.
Dangote or no dangote nothing is gonna change. That is why i was just wondering why alot of Nigerians were jubilating when Dangote announced that he has started refining. 😢
I disagree with you.
@@adebayoyunus2610 it's okay to disagree
Nigeria is a failed state..
Imagine useless Nnpc still depending on a private sector Dangote
Think b4 you talk, please tell me who is in charge of the crude Dangote is buying from Nigeria.
@@AdeshinaKunleAkeem and why can't Nigeria fix it's Refineries?!
@@AdeshinaKunleAkeemYou're the one not thinking here.... He has paid fully for the crude oil means that the purchased crude became his property the moment he paid for it and should be free to determine how much he wants to sell the by-products and to whoever is willing and able to pay for it
@@nwachukwudaniel1467 stop complaining and suggest a solution
@@successfulpeople Your president said you have to pay tough sacrifice for a better nation...
While him and his evil cabinets are busy buying jets and lot's 😂
They buy exclusively from dangote .. they set the fuel price.. in conclusion fuel will never be cheap 🌚
Since NNPCL is now a Private company, owned by private individuals (don't mind they are still shrouded in secrecy), NNPCL can Not be the only company with monopoly of buying from Dangote Refinery.
Let there be an "open msrket" dealing!
Nigeria please answer me,what is the important of NNPC to Nigeria. I dont understand NNPC role. Nigerians should wake up,
A pertinent question.
The role of nnpcl is to make life hard for Nigerians.
If nnpcl get the products from dangote, the nnpcl would now be selling for marketers, after nnpcl would have added their own money, but if it is sole directly to the marketers, the price would come down
They just should go and manage their own refineries let there be competition. Are they not aware they are overdoing things.
sir, u spoke well, Dangote and NNPC the more you want to understand, the less you see...
Shame on Nigeria society, fuel is supposed to be sold at 50naira as an oil producing country. Las las one day all of us go die and leave behind all these.
What has oil producing country got to do with petrol being sold at 50 naira. As an oil producing country is the cost of producing the oil in the country 0 naira?
@@ebuka56 other oil producing countries do sell at very cheap rate, why would Nigeria's own be this expensive? Ans urself Mr Man
@@philipstanleya8055 The price of petrol is determined by very different factors. Petrol in Saudi Arabia is N930 per liter plus subsidy. These people are wasting their money on providing cheap petrol in their country. Do you eat shit because other people are eating shit or you decide for yourself if eating shit makes sense? It makes no sense for Nigeria to subsidize petrol, the fact other countries are doing it, does not make it a smart decision.
@@ebuka56 Oga calculate that in their currency not naira equivalent ok, is 1ltr of petrol equal 1 USD? Use ur head, if ur for Tinubu tell me, if ur for poor suffering Nigerians tell me qed.
@@philipstanleya8055 If the point you are trying to make is that the income of people in Saudi Arabia makes petrol affordable for them then you are 100% correct. Unfortunately, it's not the income of the people that determines the cost of producing petrol. The biggest expense line in the production of petrol is the crude oil stock. This crude oil stock is priced internationally in USD. The meaning of this is that the price of petrol in most countries will be somewhat close to each other without respect for incomes of the poor and rich countries.
Also, you seem to have the wrong mentality that it is a right for petrol to be affordable, it is not a right. It is right for the price of petrol to sustainably reflect the market dynamics of the business. If petrol is unaffordable for you, nobody has restricted you and others from parking your vehicle and exploring other means of transport or relying solely on public transport. This is the reality of life. The pure reality is that Nigeria as a country has descended to become a poor country where most people will struggle to survive. The country is inside what is called a Malthusian Trap in Economics. People should better adjust to their reality, work to make your life and the lives of those around you better and stop complaining.
Dangote just showed he is a sell out. When he had problems he ran to the court of public opinion now he is handing the pricing to NNPCL.
He has no choice.
I laughed since he was crying and people stopped fighting for their families and started fighting for him. I knew we Nigerians didn’t know what they were saying
There is no way Dangote can by the govt bcos he always needs approval from them.
This would have been Laudable if the country have leaders who have the interest of the country at heart. The Chinese government has the interest of their people at heart.
You see the politics there. Dangote refines and gives it to NNPC who then sells at 885 naira. For a national resource remove from our very soil. What is now the difference between importing the product
D corruption in NNPC with crude oil is just too bad/evil. They are actually Nigeria’s main developmental problem.
D corruption in NNPC with crude oil is just too bad/evil. They are actually Nigeria’s main developmental problem.
Thank you brother. What’s the difference? Crude that we own that should be going to dangote for a good discount price and then tell dangote to sell for a fix cheaper and certainly dangote can export to other countries make money and also this so called government can sell crude to other countries as well and make more money simple. But no a lot of elite won’t let that happen cos were will their riches come from?
Why didn't the federal government of Nigeria fix the 4 refineries we have in the country instead of depending on the private sector? The only thing they know is to be speaking grammars
NNPC should go and fix them self 😂😂😂😂
Thats what i will refer to as absolute monopoly. NNPCL should sell what they produced or procure. Not scheming to be a sole manager or buyer of Dangote products. Please,business is not done that way anywhere in the world.
This decision is iñdeed unacceptable and unbelievable
NNPCL should not get a monopoly on Dangote petro!!
God bless you sir
We are not serious as a nation. NNPC will keep Nigerians in abject poverty if not checked
Why Dangote also sole producer? Faya pon evil doers
This is ridiculous! Why should NNPC be in the middle between supplier and consumer? If that is the case,then sugar,cement, and flour produced by Dangote be handed over to NNPC as well to determine the price!
Market forces should determine price, not a middle man role NNPC chose to be!
DANGOTE sourced the raw materials for his production for all he produces, including the crude oil. Why must he go through a 3rd party to fix the price?
Nnpcl is oando in disguise
What or who gave NNPC such power? This organization is slowing down and sabotaging the progress of Nigeria.
It is an organization filled with agents of darkness. They are evil.
The govt is a criminal enterprise
Aren't these the same people that were staying the Dangote refinery will never open? And that it doesn't exist?? NNPCL is the regulator, they are regulating, what is the problem?
Point of correction, NNPCL is now a private company and no private company should have sole right to buy and distribute a product that is of national importance.
The new real monopoly here is now NNPCL
D corruption in NNPC with crude oil is just too bad/evil. They are actually Nigeria’s main developmental problem.
Was the crude given on loan to Dangote or what?