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Nairaland Forum / Nairaland / General / Politics / Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude (11249 Views)
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Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by dre11(m): 7:31am On Sep 06, 2016 |
Cracks have emerged in the direct-sale purchase contracts for refineries crude between the Nigerian National Petroleum Corporation (NNPC) and the refiner-contractors, threatening the $1billion revenue targeted by government. https://newtelegraphonline.com/oil-swap-cracks-fgs-direct-sale-refineries-crude/
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Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by cckris: 7:42am On Sep 06, 2016 |
Just like in 1985 18 Likes 1 Share |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by osile2012: 8:07am On Sep 06, 2016 |
[size=18pt]which way Nigeria?.[/size] 2 Likes |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by porka: 8:11am On Sep 06, 2016 |
Buhari should just apologize to Nigerians. Nothing seems to be thought-through before he comes up with reversals of past administration's policies only to come back to the same policy when he has severely burnt his hands. Recall that this particular policy was said to be the one of the most 'corrupt' policy of the past administration. They used the media to tarnish people's image in the most vicious manner. Only to come back to the same 'corruption'. 35 Likes 4 Shares |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by ijustdey: 8:35am On Sep 06, 2016 |
Investigation by New Telegraph showed that the arrangement, which government entered into in February, began to have issues in July with considerable improvement in refineries’ efficiency. I hope they won't backtrack in bringing the refineries to a reasonable working condition just to please their contractual agreement on "direct-sale purchase contracts" 1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by DaudaAbu(m): 8:37am On Sep 06, 2016 |
Why are we not asking ourselves why our refineries are not working. Why we would prefer to take our crude to countrys where the refineries are working to go and refine ? 9 Likes |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by gost: 8:47am On Sep 06, 2016 |
BUHARIS HATRED FOR GOODLUCK JONATHAN AND THE PDP WAS RESPONSIBLE FOR ALL THE POLICY SAUMASAULT CARRIED OUT BY BUHARI, BUT THE GOOD THING IS YOU CAN NOT GOVERN WITH EMOTIONS AND PROPAGANDA, YOU MUST GOVERN WITH PRINCIPLES, BUT BUHARI HAS BEEN JOCKING WITH THE DESTINY OF THIS NATION FOR ALMOST TWO YEARS AND IN LESS THAN ONE WEEK HE IS GOING BACK TO ALMOST ALL OF JONATHANS POLICIES BECAUSE HE HAS FINALLY REALISE THAT EVEN HIS ZOMBIES NO LONGER BUY THE BLAME JONATHAN TRASH, AS BUHARIS INCOMPETENCE HAS BROUGTH RECESSION UPON US. 39 Likes 4 Shares |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by jpphilips(m): 9:45am On Sep 06, 2016 |
The Undisputable Facts; **Since January 2016, the Nigerian government never paid a kobo in subsidies, the DSDP and the improvement in local refining gave birth to cheaper petroleum products and the government made an over recovery within the period. **The government did not remove any subsidy because there was nothing to remove, they only lied to appeal to familiar rhetorics. The truth is that the government lost its capacity to provide products due to incessant bombings in the Niger delta. The last subsidy paid by this administration to the tune of 46b naira was a backlog from the previous administration to enable the marketers take over from the Governmnet. The take over exposed importers to the Forex uncertainties and the price was hiked to accommodate the marketers interest, so any day you buy PMS above 86.5 naira, blame it on the creek !d!ots bombing everywhere. ** Jonathan Operated a similar regimen to the DSDP called the OPA, while he was at it, we neither made over recovery nor did we have cheaper products, so what happened to our oil they took? as if it wasn't bad enough stealing our oil, we paid subsidy on stolen oil. OPA must be investigated for Nigerians to know the truth about the economic cankerworm called Goodluck Jonathan 16 Likes 2 Shares |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by sammyj: 12:00pm On Sep 06, 2016 |
FG should just stop this corruption called oil swap just like the previous administration. I hope the same cabal that messed up the last corrupt government is not at it again. God help us against evil forces fighting against this country and PMB should note that we are watching this government actions in 3 D glasses !!!! 1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by MadeInTokyo: 12:02pm On Sep 06, 2016 |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Kevoki(m): 12:04pm On Sep 06, 2016 |
Why are u always bringing articles from instagram here?? |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by omowolewa: 12:05pm On Sep 06, 2016 |
There is no way cracks wouldn't set in. The problem associated with bater system of trading will bring up the imbalance and mistrust which our trade reps will capitalised on to 'eat the yams clean mouth'. Government would have to swallow this bitter pills till we have functioning accredited refineries (Since those refineries in the creeks has stopped working). 1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by jaymejate: 12:05pm On Sep 06, 2016 |
[size=18pt]IT IS FINISHED[/size] 7 Likes |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by LordVoldemort(m): 12:09pm On Sep 06, 2016 |
1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Mikehell(m): 12:11pm On Sep 06, 2016 |
1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by nairaman66(m): 12:11pm On Sep 06, 2016 |
NNPC the most corrupt government owned company in the whole wide world!! Tufiakwa!! 2 Likes |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by naija1stpikin: 12:11pm On Sep 06, 2016 |
This is just the beginning 1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by collyno1985: 12:18pm On Sep 06, 2016 |
jpphilips:Just imagine.. U are a Useless unrepentant and unrealistic zonbism... Chai God have mercy on ur soul. 21 Likes 2 Shares |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by gbadexy(m): 12:28pm On Sep 06, 2016 |
How hope rests on dangote . May God bless the man. |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Achor1111(m): 12:32pm On Sep 06, 2016 |
it wouldn't work for him 2 Likes
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Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by OLeiNads(m): 12:34pm On Sep 06, 2016 |
jpphilips: I look forward to the day some folks would make comments without been jaundiced by "BLAME GEJ" mentality. SMH 11 Likes 2 Shares |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Montaque(m): 12:36pm On Sep 06, 2016 |
If our refineries are not up and working by this time of Buhari's administration, then we will have to talk about selling it off to private individuals capable of managing the little worth that's left of it. 1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by banio: 12:49pm On Sep 06, 2016 |
porka: Guy this govt confuse 1 Like |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Nobody: 12:57pm On Sep 06, 2016 |
dre11:What happened to our PIB bill in national asslooters' table? They have not finished padding |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Nobody: 1:03pm On Sep 06, 2016 |
porka:You mind him and his skillless cabinets. It is now Nigerian National Petroleum Corruption NNPC. 1 Like 1 Share |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by lexyclasy: 1:06pm On Sep 06, 2016 |
jpphilips:Your analysis is as good as the one from the pit of Hell.....Thrash 11 Likes 1 Share |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Nobody: 1:15pm On Sep 06, 2016 |
sammyj:#NoPerformanceNo....................... |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Nobody: 1:19pm On Sep 06, 2016 |
Achor1111:Are zombies and non-zombies thinking at all when its comes to voting?? |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by tete7000(m): 1:48pm On Sep 06, 2016 |
Nothing more to say that has not been said before. Buhari is inept. |
Re: Oil Swap: Cracks In FG’s Direct Sale Of Refineries’ Crude by Amanwulu1(m): 3:55pm On Sep 06, 2016 |
What nigeria need now is prayer. D ppl who can remedy d situatn are not party nor baba loyalists, and for dat no whr near d corridor of power to make any contributn. Buhari will not kill me in Jesus name. |
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