You are quite unfortunately slow so I will use simple, baby words that you can hopefully grasp. What economic sense does it make to sell crude and import refined crude? The three countries you mentioned: Russia, China and the USA, which of them is 100% dependent on importation of petrol and other by-products of crude without domestic refining capacity the way Nigeria is? What does it take Nigeria to set up and maintain her own refineries to take care of domestic needs and even export? It is even acceptable if we have working refineries and then still import because of the high consumption level but is that the position?
This government has made buying Nigerian to grow Nigeria one of its many, obviously empty policies. This is one ostensible reason why the land borders were closed to promote our agriculture and the manufacturing sector generally. The import of petrol and other crude products deplete our foreign reserves significantly; that is the same position for importation of every other item from vehicles to food and so on. So why is it okay to shut down the land borders (never mind that Dangote and BUA have still been given waivers, creating an uneven playing field and monopoly as well) while no effort is made to create and maintain local refining of crude in Nigeria?

Where again is the sense in strengthening relations between countries when one (Nigeria) comes from a sickening position of weakness? Such supposed strengthening would be more beneficial if Nigeria was partnering with Niger to build refineries in targeted areas of the country as they have built theirs since we are pathetically unable to maintain existing ones or build new ones and the long-awaited Dangote refinery is still a pipe dream!

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

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.

The garri in your brain has clogged up room for reasoning and it is indeed official!