NewStats: 3,265,496 , 8,186,982 topics. Date: Sunday, 15 June 2025 at 11:08 AM 5e3z2y

Happy Birthday sir !!!
Age gracefully, one of Nigerian finest military leader.

Way to go!

NNPC, where is thy sting?

Kudos to healthy competition.

AnonPoet:

https://nairametrics.com/2025/06/12/nigerias-petrol-import-bill-crashes-by-54-in-q1-2025-as-dangote-boosts-local-supply/

This is a huge drop. Means a lot in of FOREX Preservation.

NinjaMetahuman:
they want good news only if the fraudulent candidates they is the one doing it.

That's why you see them celebrate jb logo in abia but condemn electric trains in lagos.

When lunatics speak we know. Bola Tinubu's is terrible and unfortunate. A curse and setback to this nation. ing facts about my position is quite glaring with viable evidence. Be a Nigerian both in mind and nature. Stop pointing fingers to wrong persons and directions. Tinubu is failing Nigeria and Nigerians including you pointedly. Get real get life...

Judolisco:
Ok, u want us to pretend that people are not buying the same amount of fuel as before? If you buy 25 litres before at 5000 naira, the 5000 naira will now get you 5 litres, how many people walk into d petrol station to buy 25 litres again? ..

Now that demands have dropped the stock will last more, so it's also a factor....

that is not the main factor.
First u have to check the root cause of scarcity, it wasn't because people are buying too much, it was becos of the difficulties in importing refined product

I smell LIES! Please don't let your bitterness knock you on the face on your way out.

Dreal1247:
Until the other refineries begin operations, do not rejoice yet as petrol will go for two thousand Naira per liter under Dangote monopoly.

heysquare:

because the good news is from their sworn enemy. They don't wish good things to happen during this Tinubu tenure just to continue to blame those that votes for Tinubu. Our own wish for anyone that doesn't pray for good things to happen to this nation may good things seized to happen to them or come their way.

Cease.

I also pray for them as they get upset and sad over good news about the country, may their days of sadness be long.

SarkinYarki:


Just two years ago 2.5 bn dollars was approved to fix two refineries and the money was stolen and we were even lied to that PH refinery was working

Exactly. Subsidy scam. The concept of free money coming in, regardless of productivity.

Dangote is winning the war against evil. Like it or not, evil will never prevail in Nigeria

Judolisco:
Fuel scarcity has also dissappeared, not because there is fuel surplus but because people don't have money to buy much.... Everybody Don dey live for him level now

The reason there's no more scarcity is because the market is now fully deregulated

jayAjoku:
dangote took a step to corner the market soon he will have a monopoly on price, imagine if other investors corner the market on other commodities we import from the west.

Well if subsidy had been removed in 2012 , we would have had competition for dangote.

As at 2012, 60 licences had been issued for refineries. If subsidy had gone, financial institutions would have been ready to invest in refineries since they would now be profitable.

But Nigerians said no. ( Yes tinubu, but the fact is , Nigerians said no. ).

So, the only person with a licence who had a potential collateral for loans from the banks for refinery was Dangote.

Lol…marketers mouth don dey dry…I think say dem dey make mouth say dem wan crash petrol price to 700 Naira… we dey wait

This is great wnt us to get to the point where we have zero dollars for imported refined product. Then we would see surge in foreign companies flooding th nigeruan market...tyre companies..textiles...plastics...steel..other manufacturing companies etc.

Dreal1247:
Until the other refineries begin operations, do not rejoice yet as petrol will go for two thousand Naira per liter under Dangote monopoly.

We all know that without a secret subsidy, the substandard petrol you guys import from Europe would not be less than N5,000 per litre but you choose to deceive yourself

Judolisco:
Fuel scarcity has also dissappeared, not because there is fuel surplus but because people don't have money to buy much.... Everybody Don dey live for him level now

Ohh so people werr actually living fake lives before??