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Nairaland Forum / Nairaland / General / Politics / The Real Reason Dangote Abandoned Nigeria's Crude Oil (2831 Views)
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Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by shortgun(m): 8:35am On Feb 10 |
coputa:This is not true, the refinery was initially designed specifically for refining Nigerian crude, it will have to be modified to process crude from other sources. |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by DirectTokunbo: 8:37am On Feb 10 |
If Nigeria's crude oil has been pre-sold, doesn't Nigerians deserve to know the value of that sale and what was done with the money? Or maybe we don't 1 Like 1 Share |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by Peppysco: 9:55am On Feb 10 |
shortgun: Don't shift the goal post. Your earlier comment suggested you had a grasp of the subject matter, let's focus on that. |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by MichaelSokoto(m): 10:05am On Feb 10 |
coputa:NNPCL is solely owned by northerners while federal government is owned by both northerners and southerners! ![]() |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by SouthSouth1914: 10:16am On Feb 10 |
BlakKluKluxKlan: Oil and gas businesses in Nigeria are done in USD. His assertions are baseless, myopic and a figment of his imagination. |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by Nicepoker(m): 10:55am On Feb 10 |
BlakKluKluxKlan:Who made it a foreign exchange earner the USA. we can change that selfish ideology. Business within the territorial boundaries of the country should be exchanged with the country's currency. |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by shortgun(m): 11:05am On Feb 10 |
Peppysco:My answer is obviously yes hence the examples I provided. If imported cement is cheaper than our locally produced cement what makes you think imported crude oil won't be cheaper for Dangote than local crude? I hope you're not suggesting that you believe every imported item should inevitably be more expensive than its locally-produced equivalent |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by BlakKluKluxKlan(m): 11:28am On Feb 10 |
[quote author=SouthSouth1914 post=128380809] Oil and gas businesses in Nigeria are done in USD. His assertions are baseless, myopic and a figment of his imagination.[/quote ] Thank you. |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by coputa(m): 4:26pm On Feb 10 |
shortgun:wrong, Dangote refinery was designed to refine crude from around the world because nigeria cannot sustain the supply chain due to a lot of factors of which some is at play now Dangote knew this,so,he can source for crude anywhere in the world |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by Peppysco: 6:13pm On Feb 10 |
shortgun: Economic analysis are not based on assumptions. Since you have no facts or data to prove your previous comment, I rest my case here. Ciao |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by DaddyJapan(m): 7:18pm On Feb 10 |
shortgun: Another view... The Dangote refinery boss did not disclose the other entities receiving the oil company’s crude but NNPC disclosed last month it had entered into a $3bn crude oil-for-loan deal with African Export-Import Bank. The deal allowed the company to pledge future oil production to the bank as repayments for the loan.Source: https://punchng.com/dangote-refinery-imports-crude-as-nnpcl-swaps-oil-for-loans |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by Obierika(m): 9:12am On Feb 11 |
shortgun: Between this bullshit you wrote and the earlier one posited by Omokri which one do you think sounds more plausible? I still do not understand how a person can put out so much trash and misinformation in public with so much confidence! |
Re: The Real Reason Dangote Abandoned Nigeria's Crude Oil by shortgun(m): 2:14pm On Feb 11 |
Obierika:Myopic and shallow-minded will expect everything in this country to always make sense and to have a logical explanation, yet events here persistently defy logic everytime, yet their narrow mindset remains fixated on the illusion that everything should be plausible. Think man! Think! ![]() ![]() ![]() |
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