💢DANGOTE HAS NEVER EXCELLED AND DOMINATED ANY SECTOR OR MARKET , WHERE THERE IS FAIR AND HONEST COMPETITION
✍️Over the last couple of years, the DPR, and now NMDPRA has always placed a rigid restrictions on the spec of white Petroleum Products, that any company can produce or bring into Nigeria…
✍️The quality specifications for all the white Petroleum Products, that are supposed to come into Nigeria or refined here, from the pms, to the gasoil to the DPK, have been clearly spelt out..
✍️All the refiners, from OPAC,to Waltersmith to Edo Refinery to Niger Delta Refinery have maintained and adhered to this quality specifications…
✍️Globally, the lower the sulfur content of the gasoil [commonly known as Deseil], the more expensive it is …
✍️Now, out of the blues, the Dangote Refineries came into the picture… They neglected the Refinery of the pms , to which they were so hyped as coming to reduce the price , and delved fully into the production of gasoil .
✍️To gain unfair advantage , over the other modular refiners and marketers of the white Petroleum products, they went into productions of gasoil , whose sulfur content specifications, were way off the specs recommended by the NMDPRA…
✍️What did the NMDPRA do? Rather than compel Dangote to refine the gasoil to meet , the sulfur content specifications, that it abinitio approved, they offered him a waiver …
✍️An undue advantage, over the other competitions in the market…
✍️Just point out to me , anywhere in the whole world, where such undue advantage is conferred to one entity over others.
✍️Can Dangote Refinery produce AGO to meet the already required sulfur content specifications? The answer is yes
✍️Why are they not producing it, to gain unfair price advantage ..
✍️The mostly ignorant media practitioners have been all over the media space hailing and prancing that Dangote crashed AGO prices…
✍️There are many operators in the system, who legitimately brought in the proper specs Products at a higher cost …They will suffer losses and there will be job losses
✍️Fair competition, where there is huge Production over demand, price will crash always…but this kind of unfair games by the regulator, is pure ojoro
✍️President Bola Tinubu Government, should borrow a leave from President Yar Adua and stop this kinds of unfair trade games..
✍️Why is he not crashing the price of Cement, [ that has 90% local inputs raw materials down to N5000?]
This madness must never be allowed to fester in this system …never
High sulphur diesel cause of Dangote Refinery price slash — S&P Global
High sulphur diesel cause of Dangote Refinery price slash — S&P Global
