dre11:



Dangote Refinery is due to deliver its first fuel into the local market within weeks, four sources confirmed to Reuters, in a key milestone towards…





https://dailytrust.com/dangote-refinery-set-to-deliver-first-fuel-in-weeks/

naijaboy756:
Within weeks

There is no specific date?

See see finish ooo

iampeterben:

I am excited cos money used for importation will be used for something meaningful in the country.

Paraman:
Even though this news put a smile on my face but "in weeks" tu ni? 😦

NNPCL won't need to spend billions of dollars importing petrol, jet fuel, kerosene, diesel etc once the PH and Dangote refinery start selling. this will lead to the naira breathing some fresh air soon.

naijaboy756:
Within weeks

There is no specific date?

See see finish ooo

uniquetechng:
Dangote refinery will spend dollars to import crude, and the refinery will sell at current dollar rates so nothing changes.

seborrhic:

Evolving to darkness.
The dimwit removed fuel subsidy without thought then devalued the Naira,based on his short sighted idea of those being the magic wand to set nigeria to an Eldorado.
But due to his devaluation of the Naira that has now gone into free fall as everyone that has some sense and is a good student of history knows,now they are back to paying subsidy through the backyard,so as to hide their dumbness and shame.
If you doubt subsidy is still being paid:in October last year landing cost of petrol with exchange rate of about ₦800/$ was ₦720.Then fuel was still sold at 650-670.
In 2024,dollar has been at least ₦1300,but petrol is still being sold @₦650.What magic formula are they using to keep fuel at ₦650 when naira has depreciated by about 60% since the known landing cost of 720 last year?
The formula is subsidy but they feel ashamed to admit so because babablu has now boxed himself to a dead end:truly remove the subsidy caused by further Naira free fall and see fuel sell for 1200-1300 or keep it and continue paying while lying that you are on tract on your pronouncements.

Paraman:
Even though this news put a smile on my face but "in weeks" tu ni? 😦

NNPCL won't need to spend billions of dollars importing petrol, jet fuel, kerosene, diesel etc once the PH and Dangote refinery start selling. this will lead to the naira breathing some fresh air soon.

Paraman:
Dangote refinery won't be the only refinery operating in Nigeria. NNPCL will also be selling petrol and they won't be importing crude. If Dangote refinery petrol is more expensive than NNPCL petrol, marketers will only be buying from the NNPCL. Dangote refinery will have to sell to international customers and earn dollars.

uniquetechng:
Dangote refinery will spend dollars to import crude, and the refinery will sell at current dollar rates so nothing changes.

matify83:
The last time, we were informed that it's the quality control regulators that are yet to clear the jet A1 fuel and diesel produced for delivery into the market .

Does it take eternity for a product to meet regulators specifications?

uniquetechng:
NNPCL said last year that they might import crude from Venezuela as our crude has been sold in advance, guess you were not aware of that.

https://guardian.ng/news/kaduna-dangote-bua-refineries-may-source-crude-oil-from-abroad/

seborrhic:

Evolving to darkness.
The dimwit removed fuel subsidy without thought then devalued the Naira,based on his short sighted idea of those being the magic wand to set nigeria to an Eldorado.
But due to his devaluation of the Naira that has now gone into free fall as everyone that has some sense and is a good student of history knows,now they are back to paying subsidy through the backyard,so as to hide their dumbness and shame.
If you doubt subsidy is still being paid:in October last year landing cost of petrol with exchange rate of about ₦800/$ was ₦720.Then fuel was still sold at 650-670.
In 2024,dollar has been at least ₦1300,but petrol is still being sold @₦650.What magic formula are they using to keep fuel at ₦650 when naira has depreciated by about 60% since the known landing cost of 720 last year?
The formula is subsidy but they feel ashamed to admit so because babablu has now boxed himself to a dead end:truly remove the subsidy caused by further Naira free fall and see fuel sell for 1200-1300 or keep it and continue paying while lying that you are on tract on your pronouncements.

Paraman:
They said "they might".

But they haven't.

https://punchng.com/shell-supplies-475000-barrels-of-crude-oil-to-pharcourt-refinery/?amp

Okoroawusa:
I Love Bola Ahmed Tinubu

Paraman:
you didn't answer my question. How many barrels of oil will Dangote refinery be consuming compared to what Nigeria is producing?

He's not only importing crude from abroad, he's also buying in Nigeria. NNPCL will deliver 2 million literes of crude to him this month and deliver 4 million litres to him next month. He's getting 2 million barrels from the USA this month too.


NNPCL don't import crude at all, if prices of refined crude from Dangote is too much, Marketers will buy from NNPCL refineries alone which will be cheaper. And Dangote will export his refined crude and earn dollars for Nigeria

newnigerdelta00:






Na owner dey pray make Nigeria nor better

naijaboy756:
Within weeks

There is no specific date?

See see finish ooo

kokoA:
Even pregnant woman no dey Tay deliver reach like dis.

naijaboy756:
Within weeks

There is no specific date?

See see finish ooo

Okoroawusa:
I Love Bola Ahmed Tinubu

Okoroawusa:
I Love Bola Ahmed Tinubu

Paraman:
Even though this news put a smile on my face but "in weeks" tu ni? 😦

NNPCL won't need to spend billions of dollars importing petrol, jet fuel, kerosene, diesel etc once the PH and Dangote refinery start selling. this will lead to the naira breathing some fresh air soon.

dre11:



Dangote Refinery is due to deliver its first fuel into the local market within weeks, four sources confirmed to Reuters, in a key milestone towards…





https://dailytrust.com/dangote-refinery-set-to-deliver-first-fuel-in-weeks/

Okoroawusa:
I Love Bola Ahmed Tinubu

Okoroawusa:
I Love Bola Ahmed Tinubu