Nigeria signs MoU to import fuel from Niger Republic
November 20
10:14
2020
by Oluseyi Awojulugbe
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The Nigerian government, through the ministry of petroleum resources, has signed a memorandum of understanding with the government of Niger Republic for petroleum products importation.

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According to a statement released by the ministry, Soraz Refinery in Zinder, Niger Republic, has an installed refining capacity of 20,000 barrels per day compared to the nation’s 5,000bpd domestic requirement.

This leaves a surplus of 15,000 barrels per day.

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), signed the MoU on behalf of Nigeria while Alio Toune, director-general of Niger Republic’s National Oil Company, Societe Nigerienne De Petrole (SONIDEP), signed on behalf of his country.

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The signing was witnessed by the ministers of state for petroleum of the two countries, Timipre Sylva for Nigeria and Foumakoye Gado for Niger Republic.

“This is a major step forward. The Niger Republic has some excess products which need to be evacuated. Nigeria has the market for these products. Therefore, this is going to be a win-win relationship for both countries,” Sylva said.

“My hope is that this is going to be the beginning of deepening trade relations between Niger Republic and Nigeria.”

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In his remarks, Kyari said the two countries have had long engagements in the last four to five months with a view to restoring the importation of petroleum products (excess production) from Niger into Nigeria.

“With this development, we hope to have a long-lasting and sustainable commercial framework to have a pipeline from the Soraz Refinery in Zinder (Niger) into the most proximate Nigerian city so that we can develop a depot.

“We are happy that we have reached that conclusion and our two ministers have endorsed this framework. We are also working on a detailed MoU between our two companies so that we can continue the execution process immediately.”

Nigeria currently imports refined petroleum products despite having four refineries. As a result, scarce forex is spent to ensure that there is no scarcity in the country.

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Government officials have expressed hopes that the 350,000 capacity Dangote refinery being constructed will end the era of petroleum products importation in Nigeria.
https://www.thecable.ng/nigeria-signs-mou-to-import-fuel-from-niger-republic

Wetin remain for dis cowtry?

please read the news before commenting.
The deal was to strengthen relationship between the two countries, Niger R. needs only 5,000bpd but produce 20,000 therefore it has 15kbpd excesses and Nigeria has the market to buy it, our market is bigger than our production capacity and buying from others isnt a bad deal, even USA, Russia, China produce and still buy.
USA produce as much as 19.5million bpd yet them no deh stop to buy, some people just need to stick to romance section and discuss what food is best to maintain erection. Politics section is too much for u lot

Before ppl start to rain curses on the country.

MODIFIED: I never type finish, dem don start to insult d country

You have multibillion-dollar refineries are in Nigeria. But they have been deliberately crippled by the thieving ruling class for their personal interests. They borrow money for questionable projects but cannot borrow to fix at least 1 refinery. You have a large cassava farm and a garri processor which can be fixed for little money,but you sell your cassava,misuse the money and you borrow money to keep buying garri at a very high rate. How can we be sure that Nigerians are not the ones selling petroleum products to Nigeria? At least that can explain some of this madness. With all of this, refinery staff are still being paid, for producing what? HOW CAN PETROL EVER BE CHEAP? SHAME ON THEM!

Nigeria shaaa! SMH
No same at all and I am sure that if you check well, the owner of the refinery in Niger has very strong links with the demonic Nigerian politicians that have been milking the country dry since time immemorial.

This is the type of country zombies and afonjas are proud of.
Spits

This is so disheartening!

farem:
Wetin remain for dis cowtry?

freeze001:
Nigeria shaaa! SMH
No same at all and I am sure that if you check well, the owner of the refinery in Niger has very strong links with the demonic Nigerian politicians that have been milking the country dry since time immemorial.

deboysben:
This is the type of country zombies and afonjas are proud of.
Spits

gurunlocker:
This is so disheartening!

You these children should just stick romance section or if you must make comments in the politics section, make sure you have at least an average grasp of diplomacy and International relations.

Don't just jump on every thread because of the catchy headline and begin to cry for no good reasons.

don't tell me this is true......giant of Africa for mouth

okay now, politicians build refinery in Niger, they lift crude oil from Naija to Niger, refine it in Niger and transport fuel back to Nigeria to sell,....weldone Sir.......enough cashing out now that the fuel price has increased

Officialgarri:



You these children should just stick romance section or if you must make comments in the politics section, make sure you have at least an average grasp of diplomacy and International relations.

Don't just jump on every thread because of the catchy headline and begin to cry for no good reasons.

No one expects anything better from a blockhead zombie.....

Diplomacy is for a country calling herself the giant of Africa, not having a working refinery?

Signing Mou with a country that Nigeria can buy?

Supporting a government doesn't mean you should be blind and not use your brain when necessary.

dukeprince50:
please read the news before commenting.
The deal was to strengthen relationship between the two countries, Niger R. needs only 5,000bpd but produce 20,000 therefore it has 15kbpd excesses and Nigeria has the market to buy it, our market is bigger than our production capacity and buying from others isnt a bad deal, even USA produce and still buy from Nigeria

Before ppl start to rain curses on the country.

MODIFIED: I never type finish, dem don start to insult d country

why would the giant of Africa be importing from small Niger republic and you're there defending trash

JerryGent1983:
why would the giant of Africa be importing from small Niger republic and you're there defending trash

USA(the most oil producing country) produces 19.51million BPD but buys from Nigeria.
U should ask me why would the world power buy from ordinary 3rd world country.

‪So our oyel people are still fighting igbos while their oil are loaded and moved to niger republic ‬
‪Note:we also have oil,but is irrelevant to hadwokin ppl,but some idi@t took it personal,to extent that people that have oil now became one tribe called niger delta tribe����‬

gurunlocker:


No one expects anything better from a blockhead zombie.....

Diplomacy is for a country calling herself the giant of Africa, not having a working refinery?

Signing Mou with a country that Nigeria can buy?

Supporting a government doesn't mean you should be blind and not use your brain when necessary.

Officialgarri was right, guy, just stick to romance section, I think they are discussing about one herbal concoction that can make u last 45mins on a woman currently, u should stick to that.
Politics isn't for 16years old jambites

gurunlocker:


No one expects anything better from a blockhead zombie.....

Diplomacy is for a country calling herself the giant of Africa, not having a working refinery?

Signing Mou with a country that Nigeria can buy?

Supporting a government doesn't mean you should be blind and not use your brain when necessary.

Your defence rather being intelligent reeks so much illiteracy, cluelessness and arrogance, all at once.

You will learn nothing this way son.

You are just wasting space meant for intellectual contributions. That's why politics section these days tend to be boring and unproductive.

dukeprince50:
Officialgarri was right, guy, just stick to romance section, I think they are discussing about one herbal concoction that can make u last 45mins on a woman currently, u should stick to that.
Politics isn't for 16years old jambites

Nigeriabiafra80:
‪So our oyel people are still fighting igbos while their oil are loaded and moved to niger republic ‬
‪Note:we also have oil,but is irrelevant to hadwokin ppl,but some idi@t took it personal,to extent that people that have oil now became one tribe called niger delta tribe����‬

lol, this one needs to go to game section and play some forum games

ok

The southern politicians are the most use politicians on the face of the earth.
can you imagine what this few fulanis are doing with the mighty educated southern Nigeria?

shame on all of us

MOU IS PART OF TREATIES AFTER APREC-AUTONOMOUS POLICING RESOURCING AND ELECTIONEERING CONTROL FOR OUR 36 CONSTITUTIONAL STATES.

MOU IS PART OF TREATIES, RESPONSIBILITIES OF F.G. AFTER APREC-AUTONOMOUS POLICING RESOURCING AND ELECTIONEERING CONTROL FOR OUR 36 CONSTITUTIONAL STATES.

It will never be well with the vegetable and his descendants till his 4th generation.

Is it good standard quality or the one that will knock cars and futher distress suffering Nigerians?

Who remembers Abacha's kerosine imported by the "office of the first daughter”?

If this alliance is just another avenue to further fulani agenda, then it will spell doom for the country

Giant of Africa indeed!

dukeprince50:
please read the news before commenting.
The deal was to strengthen relationship between the two countries, Niger R. needs only 5,000bpd but produce 20,000 therefore it has 15kbpd excesses and Nigeria has the market to buy it, our market is bigger than our production capacity and buying from others isnt a bad deal, even USA, Russia, China produce and still buy.
USA produce as much as 19.5million bpd yet them no deh stop to buy, some people just need to stick to romance section and discuss what food is best to maintain erection. Politics section is too much for u lot

Before ppl start to rain curses on the country.

MODIFIED: I never type finish, dem don start to insult d country

Sharap man and have some shame

dukeprince50:
please read the news before commenting.
The deal was to strengthen relationship between the two countries, Niger R. needs only 5,000bpd but produce 20,000 therefore it has 15kbpd excesses and Nigeria has the market to buy it, our market is bigger than our production capacity and buying from others isnt a bad deal, even USA, Russia, China produce and still buy.
USA produce as much as 19.5million bpd yet them no deh stop to buy, some people just need to stick to romance section and discuss what food is best to maintain erection. Politics section is too much for u lot

Before ppl start to rain curses on the country.

MODIFIED: I never type finish, dem don start to insult d country

How much did it take Niger Republic to do this and don't we have several times the capacity to replicate such in many places here in Nigeria? Do you know the impact of having a refinery in a country? The positive ripple effects?
Stop trying to defend absurdities.

Officialgarri:



You these children should just stick romance section or if you must make comments in the politics section, make sure you have at least an average grasp of diplomacy and International relations.

Don't just jump on every thread because of the catchy headline and begin to cry for no good reasons.

Elderly adult, can you tell who owns the refinery(s) and when it was established and at what cost? Do not forget to disclose the identities of the owners) since you seem to know so much than everyone here

Shameful

dukeprince50:
USA(the most oil producing country) produces 19.51million BPD but buys from Nigeria.
U should ask me why would the world power buy from ordinary 3rd world country.

America buys raw crude from Nigeria but not refined product... Don't twist the narrative to suit your warped view...