NewStats: 3,263,655 , 8,180,919 topics. Date: Saturday, 07 June 2025 at 05:57 AM 3p343n

Islie:



https://punchng.com/fuel-import-ban-fears-re-ignite-dangote-marketers-row/?amp

Nlfpmod

“It is the factor of price that will ban importation. If the prices of local fuel are cheap, the marketers will buy, and importers will ban themselves from importing. Allow the importers to look at the indices of the market and see when local refineries are becoming exploitative. Once you ban them from importing, Dangote will raise its PMS to N1,500, and this is not good for Nigerians,” he stated.

I think I buy this argument. It makes sense.

Nobody is banning fuel import because the Chief importer is the king

The plan is about to be finalised....."Create a Monopolist in the Oil Refinery and Supply to the nation". Nigerians should be ready to pay heavily for fuel!!!.

Marketers are talking nonsense. Let them bring their partners and build refineries in Nigeria. I don't know why people are bent on pulling this Nigeria backwards because of selfish reasons.

dederocs:
Ban fuel importation, this will help the naira get more value over dollars...do you know how much dollars we use to import fuel everyday?

The benefit to nation is more important than benefit to some importers and middle men. I expect President Tinubu to do the right thing, we know he can take hard and necessary decisions, that is why we preferred him over the rest.

I pity you......... Continue

Saywhat10:
There should be healthy room for competition, marketers are not getting the same level of favouritism that Dangote is getting from fg. He can't muscle other rivals just because he wants to be the richest man on earth.
Dangote is solely responsible for the crazy price of cement now despite all the natural resources for production are on ground.

Dangote is not the problem, Federal government is the problem. Let the federal government give other cement production plants licences to operate in Nigeria.

we shouted, Produce what we consume and consume what we produce...

e reach time for fuel and we are now importing what we produce

Saboteurs

Basicend:
Banning it completely will translate into giving Dangote a monopoly.

That will be dangerous to Nigeria and the masses. Dangote that is eying worlds' richest man.

As the president said last week, just make sure an option for waivers in available for valid importers.

but borrowing dollar loans collateralized with crude to import and subsidize substandard petrol is healthy for Nigerian economy.

Odobaone:
Confusion na water for this country

There is no confusion anywhere, it is either FG accepts subsidy on imported petrol was never removed or they can get expose anytime soon.

Appletek:
Marketers imported fuel that was used to power all Dangote's trucks and machines for more than 40 years before he built his refinery. Now, he is calling the fuel substandard and dirty.

This is the same nonsense he did in Sugar and cement.

Fuel Importation must not be stopped. They are the only ones to check his crazy tendencies.

I will only agreed with you if we can used your children and grand children as collateral for dollar loans to import and subsidize substandard petrol from Europe

persius555:
Oyah, sell @500 per litre

Has your importers friends sold there's for N500 after receiving heavy subsidy from FG?

Biodun556:


Fuel import ban would cause hardship

Dangote will increase to 1500 and above per liter

While borrowing dollar loans to import and subsidize substandard petrol from Europe has made Nigeria the richest country in the world?

Okoroawusa:

“[b]It is the factor of price that will ban importation. If the prices of local fuel are cheap, the marketers will buy, and importers will ban themselves from importing. Allow the importers to look at the indices of the market and see when local refineries are becoming exploitative. Once you ban them from importing, Dangote will raise its PMS to N1,500, and this is not good for Nigerians,” he stated.[/b]If were an importers importing substandard petrol from Europe at N3,500 and federal government offers you a secret subsidy of

I think I buy this argument. It makes sense.

Okoroawusa:

“[b]It is the factor of price that will ban importation. If the prices of local fuel are cheap, the marketers will buy, and importers will ban themselves from importing. Allow the importers to look at the indices of the market and see when local refineries are becoming exploitative. Once you ban them from importing, Dangote will raise its PMS to N1,500, and this is not good for Nigerians,” he stated.[/b]If were an importers importing substandard petrol from Europe at N3,500 and federal government offers you a secret subsidy of

I think I buy this argument. It makes sense.

If you were an importer importing substandard petrol from Europe at N3,500/litre with NNPCL and FG offering a secret subsidy of N2,650 to declare the landing cost as N850/litre, would you prefer buy Dangote where your maximum per litre would be N30 rather than N2,560 secret subsidy?

franudi:
Dangote is not the problem, Federal government is the problem. Let the federal government give other cement production plants licences to operate in Nigeria.

Did you apply for cement production license and was denied

franudi:
Dangote is not the problem, Federal government is the problem. Let the federal government give other cement production plants licences to operate in Nigeria.

He will always try to sabotage them, Dangote does not do well when many players are on the same tuff with him. He loves price control.

Carazon:
We have been using this so called Substandard Fuel for ages and nothing happens.

.. importation of fuel depreciates and devalues the naira the more against the dollars ..if we want to strengthen the naira and make it have value against the dollars.. importation of fuel and other goods have to reduce and stop and we start producing

[quote author=Coronavirus1 post=135360616]Stop importation of fuel for one year for experiment let see if dangote will increase fuel prices [/quote

Pls stop the importation of petroleum products for one year. I want to check something 🤣

gtassure:

Obviously you do not have a bicycle let alone car?

Anyone on this forum can claim whatever he wants. I know that you have a lot of cars, please tell me, which fuel were you using before Dangote fuel?

cyberguy72:
are u an importer

No, I'm not an importer but I am a Nigerian.

Gboss247:
While borrowing dollar loans to import and subsidize substandard petrol from Europe has made Nigeria the richest country in the world?

There's nothing like subsidy any longer

Marketers source for dollars themselves to import not government

Biodun556:


There's nothing like subsidy any longer

Marketers source for dollars themselves to import not government

They sourced from where?
Which refinery in Europe sells petrol at such throwaway prices?
Check the list of countries with the most expensive petrol and related to the countries where Nigeria imports her so-called cheaper petrol?
Check the top 20 countries with the cheapest petrol?
Explain the reason behind NNPCL not remitting only 50% of it's revenue to FAAC and why petrol importers always demand under-recovery from NNPCL?

Gboss247:
They sourced from where?
Which refinery in Europe sells petrol at such throwaway prices?
Check the list of countries with the most expensive petrol and related to the countries where Nigeria imports her so-called cheaper petrol?
Check the top 20 countries with the cheapest petrol?
Explain the reason behind NNPCL not remitting only 50% of it's revenue to FAAC and why petrol importers always demand under-recovery from NNPCL?

.we know what happened when rice and cement importations were stopped

apart from me and you know any other person get sense on nairaland again see plenty tragedy comments

dederocs:
Ban fuel importation, this will help the naira get more value over dollars...do you know how much dollars we use to import fuel everyday?

We need to buy dollars to pay for this imported fuel, this constant demand for dollars pushes it's price up, if we stop this payment, we will save a lot of national wealth.

The benefit to nation is more important than benefit to some importers and middle men. I expect President Tinubu to do the right thing, we know he can take hard and necessary decisions, that is why we preferred him over the rest.

Are the refineries working? How can there be a ban on importation when refineries are not working? Idiots!

auduadeniyi:
apart from me and you know any other person get sense on nairaland again see plenty tragedy comments

That is why dem dey suffer, sense no dey.

Biodun556:


.we know what happened when rice and cement importations were stopped

We know how you ed APC 2015

Carazon:


No, I'm not an importer but I am a Nigerian.

u re not a nigerian

Gboss247:
I will only agreed with you if we can used your children and grand children as collateral for dollar loans to import and subsidize substandard petrol from Europe

Just the way they used Dangote's children as collateral for the loans used to import the petroleum used to power his business concerns before he started the refinery.

Your only post created is in promotion of Dangote. I only hope they are paying you enough to cover the generational disgrace you're bringing upon your children.