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Will The Price Of Petrol Drop?’ Netizens React As Port Harcourt Refinery Begins - Politics (2) - Nairaland 12w1s

Will The Price Of Petrol Drop?’ Netizens React As Port Harcourt Refinery Begins (17269 Views)

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emperor4love(m): 2:50pm On Nov 26, 2024
Make una de play believe this ppl
CHAQUR: 2:56pm On Nov 26, 2024
Since marketers are free to buy anywhere that favours them... There is going to be a price shift (significantly or not) but my fear is that, we don't start witnessing the throwing of explosives by competitors. At this stage, we need improved security systems over these huge investments.
casualobserver: 3:00pm On Nov 26, 2024
what we should be concerned with is the distribution pipeline. When i was young you never saw fuel tankers on the road because petrol, diesel and kerose was pumped around the country via pipelines.

5 Likes 1 Share

Paramount01(m): 3:00pm On Nov 26, 2024
Anaskie:
Lol. Which Port Harcourt refinery ? This one I ed today abi another one ?

Believe this news at your own peril cheesy


Maybe you are blind sha

1 Like

Paramount01(m): 3:02pm On Nov 26, 2024
casualobserver:
what we should be concerned with is the distribution pipeline. When i was young you never saw fuel tankers on the road because petrol, diesel and kerose was pumped around the country via pipelines.

That can't work now because of insecurity,they are even vandalizing nepa poll not to talk of pipeline that is down the ground

2 Likes 1 Share

aariwa(m): 3:02pm On Nov 26, 2024
Only fools will be deceived by this nollywood magic made by NNPC . How can NNPC be talking about a working refinery while price of fuel is going up daily and dangote the supposed refinery owner is also asking for dollar to import fuel like marketers?

1 Like

DrAda(f): 3:05pm On Nov 26, 2024
Good question
Olarewaju89: 3:06pm On Nov 26, 2024
Tajbol4splend:
Get yourself busy, don't let petrol pump price determine your fate, there's much money in getting busy, as a seller, there's a lot of money in today's Nigeria market, if you keep wailing and doing nothing, you will continue to suffer more than before

Pls bro, can you help me with job?

I lost my job last month and up till now am still jobless. Pls help.

2 Likes 2 Shares

Ijaya123: 3:07pm On Nov 26, 2024
koning:
With all 4 refineries in full production, the price of fuel should drop to N500 or less a liter.

The price of petrol cannot drop to N500 per litre if the price of crude oil does not reduce substantially.

As a matter of fact, no country in the world sell unsubsidised petrol at the equivalent of N500 per litre.

3 Likes 1 Share

nwirinedu(m): 3:07pm On Nov 26, 2024
They plan to sell the refineries, price wont drop. This is confirmed by CBN raising interest rates, these actions guarantee inflation will continue and prices of general goods and services will hike. CBN is not interested in stabilizing the economy.

1 Like 1 Share

maxzzo1(m): 3:15pm On Nov 26, 2024
Wickedness will not allow nnpcl
Apcshyte: 3:16pm On Nov 26, 2024
Olarewaju89:


Pls bro, can you help me with job?

I lost my job last month and up till now am still jobless. Pls help.

You voted for tinubu

Enjoy Tpain

3 Likes 1 Share

ebenholer2(m): 3:17pm On Nov 26, 2024
USELESS THIEF HAS EVENTUALLY SURRENDERED...HE SHOULD COME TO TELL US HOW MUCH HIS SALARY WAS THAT WILL MAKE HIM ACCRUE SUCH HUGE AMOUNT OF MONEY
ppogba: 3:24pm On Nov 26, 2024
Anaskie:
Lol. Which Port Harcourt refinery ? This one I ed today abi another one ?

Believe this news at your own peril cheesy

No. It is the one where you are presently working.
Ororocelemi(m): 3:26pm On Nov 26, 2024
Do you mind expantiating more, I wish to understand pls

CodeTemplarr:
I hope it drops to the N500 and N200 they have been demanding Dangote start selling fuel to them. These cabal just milked Nigeria until politicians who want to continue the nigerian projects put a check on their structure of importation. As it is now. It is better the cabals use Dangote as a cover/reference point and produce at around N970 then smuggle into neighbouring markets to sell at sizable profit. From consumption to production/exportation. That should put forex in private hands of the smugglers and strengthen the Naira

1 Like

Adewale1603(m): 3:27pm On Nov 26, 2024
RevTKay:
Nothing ever reduces in this country
what goes up in Nigeria, doesn't have transport fare to come down
Chucks13: 3:28pm On Nov 26, 2024
VeeVeeMyLuv:
Lol 😂

Port Harcourt refinery roars back to life

I'm so happy bro.

It is be a long time wr have working refinery last.
Thank God.

God bless Nigeria.
God bless Tinubu
God bless all lovers of Nigeria.
Ogun+ Amadioha+Thunder kill all haters of Nigeria it shall never be well with you all. Izeeh!!!

2 Likes

ppogba: 3:29pm On Nov 26, 2024
Olarewaju89:


Pls bro, can you help me with job?

I lost my job last month and up till now am still jobless. Pls help.

What makes you think every noise maker on Nairaland can be your destiny helper?

At least his response now has done moreharm than good to your psyche.

Kpele.

God will you soonest even before the year runs out.
simplyOJ(m): 3:33pm On Nov 26, 2024
With this government drive for CNG every where points to the fact that I won't be anytime soon.

1 Like 1 Share

Kukutente23: 3:33pm On Nov 26, 2024
kedeojo:
Dangote can't lose cos he will export his own to other countries, if NNPLC sell at a very low price. Let keep our fingers up to see how much our own state refineries will sell their products.
I'm not talking about the price. I'm talking of the crude input
Sultty(m): 3:35pm On Nov 26, 2024
VeeVeeMyLuv:
Lol 😂

Port Harcourt refinery roars back to life
if it likes let it bleat like a donkey wink

1 Like

colonelwealth(m): 3:45pm On Nov 26, 2024
iwaeda:


https://www.vanguardngr.com/2024/11/will-the-price-of-petrol-drop-netizens-react-as-port-harcourt-refinery-begins-operation/

These guys really wants to deal with Dangoté and his massive refinery investment since the greedy man doesn't want to play ball with them.
They will use P.H and Kaduna refineries to mess his own up.

Dangoté is greedy, so whatever he sees from them let him take, we sane Nigerians will not involve ourselves in their fight.
Including the corrupt cesspit called NNPCL cabals who manipulate local crude prices.

How can a local refinery sourcing crude locally be selling petrol at such expensive price...?

1 Like

integrity16(m): 3:49pm On Nov 26, 2024
I sincerely appreciate Dangote for teaching and pressurizing them[b] to get refinery working. [/b]
integrity16(m): 3:50pm On Nov 26, 2024
I sincerely appreciate Dangote for teaching and pressurizing them to get refinery working.

1 Like

Princewell2012(m): 3:50pm On Nov 26, 2024
Kukutente23:
This people don carry Dangote handicap

See how Nigeria is using $20bn refinery play draught

Chai! Naija

So the court case Dangote instituted to stop importation and get local crude is dead as dodo suddenly

Najia na cruise make I nor lie
Dangote too have eaten enough, only him doing everything. Haba
larryUG(m): 3:54pm On Nov 26, 2024
Anaskie:
Lol. Which Port Harcourt refinery ? This one I ed today abi another one ?

Believe this news at your own peril cheesy
It has started working. No need to argue what you are not sure of. If you want to tomorrow, I can arrange a gate for you to enter

2 Likes

integrity16(m): 3:55pm On Nov 26, 2024
colonelwealth:


These guys really wants to deal with Dangoté and his massive refinery investment since the greedy man doesn't want to play ball with them.
They will use P.H and Kaduna refinery to mess his own up.

Dangoté is greedy, so whatever he sees from them let him take, we sane Nigerians will not involve ourselves in their fight.
Including the corrupt cesspit called NNPCL cabals who manipulate local crude prices.

How can a local refinery sourcing crude locally be selling petrol at such expensive price...?

That's why I have been saying this to those people screaming monopoly this, monopoly that, you don't tell a private business man to bring down his price of petrol just by mere words as if you dashed him money to build it, you do it by getting other refineries working.

I believe he may have been informed of this development long before now hence the reduction of his fuel price from 990 to 970 naira.

1 Like

Sonfethopia: 4:00pm On Nov 26, 2024
casualobserver:


NNPC will not sell at a low price, they are a profit making business. The price of petrol is not coming down if the price of Crude doesn't come down.

Will it affect the exchange rate.
casualobserver: 4:05pm On Nov 26, 2024
Sonfethopia:


Will it affect the exchange rate.

It should. Because we can satisfy local demand with our refineries, we will have excess for export.

We make more forex from export of refined products than we make from crude.

3 Likes

Sonfethopia: 4:10pm On Nov 26, 2024
casualobserver:


It should. Because we can satisfy local demand with our refineries, we will have excess for export.

We make more forex from export of refined products than we make from crude.

Alright
Odichibaby(f): 4:10pm On Nov 26, 2024
FuckTheMod:
grin

What goes up in Nigeria never comes down except STANDARD OF LIVING grin
Na unner dey cause am becos of this mindset.

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