Naira is highly unstable, can't blame them

They are mad!!! In Nigeria To be paid dollar? These want to ruin this economy. FG SHOULD WITHDRAW THEIR EXPORTATION PERMIT. IDIOTS!!

this are the people that have their lifes in western nations....

this request is even illegal sef....
but they dont mind....

they have money fever....
if una allow them to continue like this then good night....

when things get horrible,they will just move abroad and watch una suffer like stella odua....

Who are the local crude oil producers? I hope its not shell, mobil, chevron that are local producers. Oil business is done in dollars, so they are right to demand payment in dollars

nedu666:
Who are the local crude oil producers? I hope its not shell, mobil, chevron that are local producers. Oil business is done in dollars, so they are right to demand payment in dollars

ehen....nigeria prints dollars bahh....??

better dont listen to rich people....

haha....funny part is,nigeria is havin it harder to find international buyers for their crude....

somebody must finance their expensive lifestyles....

The fact is everything oil exploration is transacted in USD. The dangote in question built his refinery with USD loans and projections.
We should all blame NNPC and not the private oil exploration firms. Is NNPC sayings they can't explore oil and supply these refineries on their own?
Why force private business that buy everything and equipment in USD? Even payment of staff salaries and expatriates is in USD.

WHO WANT THE BEST FOR THEIR COUNTRY

bassdow:


says Who ? ? ? ? ?

A slippery slope... cash crop farmers, solid minerals miners etc will start demanding dollar payment as well, economy becomes dollarized.

Naira is legal tender

I am sure when the FG sold d oil fields licenses to the oil companies, d payment was made in dollar and nobody saw it as being wrong. The equipment were mostly bought and imported into the country through dollar transactions while these companies have lots of expatriates whose salaries they pay in dollar. Now that the companies are saying they want their payment to be in dollars, we are now waking up to say it’s wrong. Patriotism should start from the FG then the citizens won’t have any choice than to fall in line.

The level of unpatriotic doings by everyone is mind boggling, no wonder why our currency is struggling against the dollar but when are we going to wake up and start doing the right things by making sure all things Nigerian come first?

TemplarLandry:
These are the realest demons holding us in a chokehold.

I dedicate “Monsters You Made” by Burna Boy feat. Chris Martin to these evil Nigerian crude oil producers.
Great jam!

Nigeria Govt. made them monsters, and they continue making more monsters each day in the country cos majority dey para. there will come a time where the masses may have to feed on this politicians... This i have seen

Nbote:
First there was a report that we were experiencing a crude glut as we couldn't find buyers for our crude. Next came the report that Dangote and other local Refineries were yet to start production because they can't get crude supply. Who is deceiving who?? If Dangote refinery needed crude supply why isn't the govt diverting the ones being produced to these refineries since they can't sell the ones they already have except it's all cock and bull story as usual

And now we are seeing a report that local crude producers are asking for dollar payment. From who?? Are they producing and selling to the govt? If they are then shouldn't they be paid in dollars seeing that they are exporting We are all just deceiving ourselves in this country

I believe this is the sole reason NNPC has not supplied Dangote refinery crude oil.
Dangote wants to blackmail NNPC
This is unacceptable and unpatriotic if Dangote refinery

Femich18:
Why should the local crude producers be demanding to be paid in dollars, are we spending dollars in the local market or as our money become too useless to that extent?

With this kinda decision naira won't appreciate if we keep on with this

Was it your local Naira that was used to set up the oilfield? Didntvthey pay in dollars for the oil license?

Hmmm.

This government have gone full capitalist and no pity for its citizens, not even yoruba ronus.

One will expect a quota of crude oil be reserved for local refining at cheaper than international price as incentives and cheaper fuel .

But no, the citizen must suffer so that baba sope can ride in his yacht with Brazilians girls.

Baba4kinatu:
Crude Oil is an international transaction, not matter how local you see it.

Why should i sell to you in Naira, when my business spreadsheet and expenditures is calculated in dollars

Go over seas and set up shop there so you can be charging in dollars.
If you decide to setup shop here, you must collect Naira.

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Olachase:
People way day sell oil con need oli to lubrica their brain cus how can you dig oil on Naira land 😊😊 (Nigeria) and demand for payment in dollars

Well I am very sure that will never happen

Sometimes some of you do lie to themselves! You heard the chairman said that they can be paid in dollars and you are very sure it will never happen. Who then are you?

Let is kuku change our currency to dollar naw

They keep employing expatriate and foreigners when we have more than enough Engineers

3ice9ce:


Go over seas and set up shop there so you can be charging in dollars.
If you decide to setup shop here, you must collect Naira.

Every crude oil business all over the world is traded in dollars. What made dollar strong today is because crude oil is traded in it. Stop displaying your ignorance in public.

NuCypher:
Little by little, we dollarize the Nigerian economy. It's an inevitable outcome of a fragile economy that can't and may never stand on its feet in the short and long term. This is the near end of Nigerian as we know it, as we see the aftermath of the agbado presidency.

don't politicize everything sir else the aim of those guys asking for dollars will be achieved and it will bounce back on everyone.the law of the land does not support paying in dollars for goods purchase in the country

Baba4kinatu:
Crude Oil is an international transaction, not matter how local you see it.

Why should i sell to you in Naira, when my business spreadsheet and expenditures is calculated in dollars

No matter how international it maybe, there is always equivalent of the transaction in Naira, we can't be struggling with paying other country in dollar and also be struggling the same thing inside

Phantom233:
Can same be done to nigerian workers. Abroad? They sht be sent away cos transactions with dollars in Nigeria is illegal

But Tinubu and Akiku uses US Dollar to transact during Presidential flag beara in 2023.

ajailer:
I am sure when the FG sold d oil fields licenses to the oil companies, d payment was made in dollar and nobody saw it as being wrong. The equipment were mostly bought and imported into the country through dollar transactions while these companies have lots of expatriates whose salaries they pay in dollar. Now that the companies are saying they want their payment to be in dollars, we are now waking up to say it’s wrong. Patriotism should start from the FG then the citizens won’t have any choice than to fall in line.


The level of unpatriotic doings by everyone is mind boggling, no wonder why our currency is struggling against the dollar but when are we going to wake up and start doing the right things by making sure all things Nigerian come first?

Best expo so far, you nail it

When you miss road ,one will fall out Nigeria is a finished state. Nothing good to expect but God's Grace

ajailer:
I am sure when the FG sold d oil fields licenses to the oil companies, d payment was made in dollar and nobody saw it as being wrong. The equipment were mostly bought and imported into the country through dollar transactions while these companies have lots of expatriates whose salaries they pay in dollar. Now that the companies are saying they want their payment to be in dollars, we are now waking up to say it’s wrong. Patriotism should start from the FG then the citizens won’t have any choice than to fall in line.

The level of unpatriotic doings by everyone is mind boggling, no wonder why our currency is struggling against the dollar but when are we going to wake up and start doing the right things by making sure all things Nigerian come first?

you have no prove but you automaticaly assume....

prove it....

All these are artificial need for dollars

Dyfynezz12:
Let is kuku change our currency to dollar naw

haha....you wan suffer....you will just be another ghana....
nigerias own would be even worse with 200 million people....

IT WILL NEVER BE WELL WITH THOSE PRODUCERS AND EVERYONE INVOLVED WITH THEM.

Any producer that demands for dollars should be arrested, JAILED and that producing company SHOULD BE REPOSSESSED BY GOVERNMENT.

tsdarkside:


you have no prove but you automaticaly assume....

prove it....

I got nothing to prove to you, we all read news and know how the FG operates when it comes to bidding fees for operating licenses in different sectors in Nigeria.

This is just a typical way of the FG :

https://www.arise.tv/nigeria-to-auction-two-additional-5g-licences-for-547-2m/#:~:text=The%20Nigerian%20Communications%20Commission%20(NCC,%24273.60%20million%20for%20each%20licence.

Now if this network companies come out to say their charges will be in dollar, are we to totally blame them?

how some of you reason is very dangerous....

you cant just put yourself in trouble out of jealousy for western nations....
you cant be europeans or america....

you blacks always forget they got their wealth through robbin and killin....
they didnt get their through hardwork....

the question now is,who do you want to rob and kill from to reach their level....

All the years of NNPC existence, Nigeria's crude is not directly in Nigeria's possession, strange😥

dallyemmy:
WE DON'T SPEND DOLLAR IN NIGERIA. NAIRA IS OUR CURRENCY. DON'T DESTROY OUR ECONOMY.

DOMESTIC CRUDE SUPPLY OBLIGATION SHALL ONLY BE IN NAIRA. WE SPEND NAIRA IN NIGERIA.

WHEN THE CRUDE COMES FROM AMERICA, NIGERIA WILL PAY IN DOLLAR.

NIGERIA MUST DEMAND THAT SACRIFICE FROM THEM.

But your president bribed APC delegates with dollars. Who are you telling that nonsense. Of the president and other government officials can spend dollars in Nigeria why can't any other one?

Let the country sink after all the ZOO was never destined to be great. We warned you guys but you called us wailers.