MA
253 posts
MA
@ProjectFalconi
Infrastructure Project Manager | Golfer | Interpreter (Chinese +French)!!!
England, United Kingdom 参加日 Mayıs 2026
2 フォロー中2 フォロワー
@ProjectFalconi @Oluwanifemi_R @MasterBolaji lol oh I know exactly what my FG is,
And no they’re not incompetent they’re just wicked.
I want the idiot that support JAGABAN while suffering in a suit to answer me.
English
BREAKING: The Federal Government has given more companies permission to import petrol into Nigeria. This means Dangote Refinery will no longer be the only major supplier.
Consumers win again!
Thank you FG.
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How much is NNPC selling? What’s up with them? I am more interested in them. Why are you guys more interested in Dangote?
Lord Cutler Beckett 🇳🇬🇵🇸@YahyaKabo
@Lonnewulff Why is his export price N70 below his domestic price? When prices went up, he had 3 weeks' + supply of cheap stock, but he raised prices immediately. He blends and imports feedstocks accuse others of doing same (btw standard practice)! The right things will not sit well with us
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@PrinceKeyz68930 @Oluwanifemi_R @MasterBolaji Because your FG is entirely incompetent.
Not particularly the current FG but ALL.
They could not make the Refineries work, they could not sell them.
DANGOTE HAS COME AND DROPPED ONE, LET OTHERS FOLLOW AND DROP THEIRS IN 9JA .
IMPORTATION IS NOT COMPETITION
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@Oluwanifemi_R @MasterBolaji @ProjectFalconi I have time today, let me know why I’m buying fuel 1300
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@Darry05 @toka_alashela @MasterBolaji How many years have they been importing?
If they are sincere the for don build refinery for 9ja
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@ProjectFalconi @toka_alashela @MasterBolaji You know the numberof years it would take to complete the refinery
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@Pharaoh425 @OpeBee If you think opening legs like an ashawo to importation is competion with local industries I HAVE NOTHING TO SAY TO YOU AND NO ARGUMENT TO MAKE.
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@ProjectFalconi @OpeBee Importation is part of competition too.
NNPC in conjunction with the Chinese are currently working on the Warri & PH refineries, but the PMS output after completion would be 🇪🇺 grade, so they’ll be exporting to 🇪🇺 as that’s the only way we can make money from those refineries.
English
Dangote is not ready.
I hope the relevant regulator fast track the issuance of import license to import fuel.
The Compass Hub@thecompasshub
Dangote Refinery has reduced the ex-depot price of petrol by ₦50 per litre, adjusting it from ₦1,175 to ₦1,125 per litre. The refinery attributes the reduction in petrol prices to the easing of tensions in the Middle East, which has led to a decrease in global energy prices. A notice to customers indicated that the gantry loading price has been reduced from ₦1,175 per liter to ₦1,125 per liter, while the coastal supply price has decreased from ₦1,495,215 per metric ton to ₦1,428,165 per metric ton.
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FGN have chosen a non-intervention approach, allowing Dangote to gradually clear higher-cost inventory rather than forcing immediate price transmission from lower crude prices.
The trade-off is that consumers wait longer for lower PMS prices, while the government avoids reintroducing explicit or implicit subsidies.
English
@ennyola0015 Importers should band together and build their own Refinery.
We don't want imports of fuel for same reasons the USA only allows Tesla to sell electric vehicles in America.
If you want to compete, BUILD YOUR OWN REFINERY.
IMPORTATION IS NOT COMPETITION
English
Dangote is benefiting from inventory lag to keep PMS gantry prices relatively high despite the fall in global crude prices. He can afford to do so because no real competition .
In theory, more imports could force prices down, but that solution creates another problem for Nigeria: increased demand for FX. 😭
So the country is caught between wanting lower fuel prices and wanting to reduce pressure on the naira.🙆
English
@toka_alashela @MasterBolaji Let the importers put money together, build a Refinery, employ Nigerians, pay taxes, and FIGHT DANGOTE.
IMPORTATION IS NOT COMPETITION.
LET LOCAL REFINERS FIGHT THEMSELVES.
IF YOU HAVE MONEY TO IMPORT THEN YOU HAVE MONEY TO BUILD A REFINERY.
English
@ProjectFalconi @MasterBolaji My brother Atiku and co has privatised everything, yet our refineries are not working. Things are deeper than the headlines we read.
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MA がリツイート
Hmmm...yet Dangote has reduced his gantry price twice in the space of 9 days.
June 16 - ₦1,250 to ₦1,175 (₦75🔻)
June 25 - ₦1,175 to ₦1,125 (₦50🔻)
Pump Prices in Lagos as @ Today
🟢 Northwest - ₦1,285
🟠 Conoil - ₦1,275
🟢 NNPC - ₦1,245
🔵 Mobil - ₦1,220
🟡 Heyden - ₦1,210
🟢 NIPCO - ₦1,205
🟢 AP/Ardova - ₦1,205
🔴 MRS - ₦1,202
Avg. ₦ Prices in Europe
🇳🇱 Netherlands - ~₦3,520
🇫🇷 France - ~₦2,760
🇮🇹 Italy - ~₦2,520
🇩🇪 Germany - ~₦2,490
🇬🇧 UK - ~₦2,450
🇪🇸 Spain - ~₦2,150
Avg. ₦ Prices in North America
🇨🇦 Canada - ~₦1,900
🇲🇽 Mexico - ~₦1,880
🇺🇸 USA - ~₦1,630
Avg ₦ Prices in South America
🇦🇷 Argentina - ~₦2,000
🇧🇷 Brazil - ~₦1,800
🇨🇴 Colombia - ~₦1,590
Avg ₦ Prices in Asia
🇯🇵 Japan - ~₦2,200
🇰🇷 South Korea - ~₦2,100
🇹🇭 Thailand - ~₦1,800
🇨🇳 China - ~₦1,650
🇮🇳 India - ~₦1,450
Avg ₦ Prices in West Africa
🇸🇱 Sierra Leone - ~₦2,418
🇨🇻 Cape Verde - ~₦2,327
🇸🇳 Senegal - ~₦2,214
🇨🇮 Ivory Coast - ~₦2,105
🇲🇱 Mali - ~₦2,105
🇧🇫 Burkina Faso - ~₦2,045
🇬🇭 Ghana - ~₦1,960
🇬🇳 Guinea - ~₦1,859
🇧🇯 Benin - ~₦1,745
🇹🇬 Togo - ~₦1,745
🇱🇷 Liberia - ~₦1,560
It always goes up fast and goes down slowly. That's the oil industry for you!
The Spectator Index@spectatorindex
BREAKING: Trump says that oil companies are not reducing gas prices enough
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Why is everyone shying away from the truth?
The FG borrowed & spent $1.5 billion revamping two refineries (Port Harcourt & Warri) with a total allocation of $2.96 billion.
$1.5 billion on port harcourt, $897m on Warri. That’s over 4 trillion naira.
Warri & Port Harcourt refineries are not working, like NONE is functioning!
Abiodun@bin_gbada
We will not be at Alhaji’s mercy if any of our refineries are working despite the billon of dollars spent on them. Why is no one talking about this? How??
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@AEmmanuel88945 @MasterBolaji Have you not heard about modular refineries?
Smaller refinery dey na.
So yes, if Dangote can build, let importers put money together and build too.
English
@ProjectFalconi @MasterBolaji Make importers put money together to build refinery as per na beer parlour dem wan build abi ?
Una go just deyy talk anything wey enter mind without thinking twice.
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@Osi_Suave The oil marketers too have themselves to blame. Why can’t they invest in home grown solutions instead of importing?
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MA がリツイート
Nobody is asking why NNPC is not selling fuel at N500 or less when it was them that misappropriated billions of Naira earmarked for the revitalization of state owned refineries.
I have no doubt that having 3 working state owned refineries would push any player in the market to adjust their pricing accordingly to compete. So if there is any party that is ripping Nigerians off then it’s the FG through NNPCL.
But trust Nigerians to always channel their anger towards anyone but the incompetent, wicked, heartless, and unpatriotic government they elected to manage their resources.
English
I just laugh when people say Dangote will save Nigeria from the fuel crisis. The man is a capitalist, not a saint. If care isn't taken, he'll become a monopolist in the petroleum sector just like he is in cement. One person having that much control is never good for consumers. Competition is what keeps prices fair and businesses accountable, not putting all our hopes in one billionaire
Imran Muhammad@Imranmuhdz
Dangote Refinery has reduced the ex-depot price of petrol by ₦50 per litre, adjusting it from ₦1,175 to ₦1,125 per litre. The refinery attributes the reduction in petrol prices to the easing of tensions in the Middle East, which has led to a decrease in global energy prices. A notice to customers indicated that the gantry loading price has been reduced from ₦1,175 per liter to ₦1,125 per liter, while the coastal supply price has decreased from ₦1,495,215 per metric ton to ₦1,428,165 per metric ton.
Katsina, Nigeria 🇳🇬 English