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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Shell Defends 'Difficult' Decision To Buy Russian Crude Oil (12084 Views)
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Re: Shell Defends 'Difficult' Decision To Buy Russian Crude Oil by Elporo(m): 1:03pm On Mar 07, 2022 |
DeLaRue: Shell was formed in 1907 through the merger of the Royal Dutch Petroleum Company, based in the Netherlands, and the "Shell" Transport and Trading Company, based in the United Kingdom. |
Re: Shell Defends 'Difficult' Decision To Buy Russian Crude Oil by MyMouth(m): 3:48pm On Mar 07, 2022 |
Cognitivereason: |
Re: Shell Defends 'Difficult' Decision To Buy Russian Crude Oil by Cognitivereason: 4:07pm On Mar 07, 2022 |
[quote author=MyMouth post=110828028][/quote] The refinery is built to make profit..therefore it becomes a business....it doesn't matter weather it government that builds and own it or a private entity... If we assume govt..builds one...the refinery will operate like every standard company and buy crude at the standard international price but it will be in naira instead of dollars..refine it and sell it back to Nigeria at the standard international price in naira as well.. Government makes profit from the company and use part of it maintain the facilities and keep them from become rotten like what we have today.. What ur saying is what NNPC used to practice with our refinery when they were first commissioned... Ask urself..how are dey doing now.. The funny part is DAT Dangote wanted to buy portharcourt refinery from government but stupid and dumb ass Yar adua refused.. D same slowpoke continued subsidizing petroleum products to the point that it even went cheaper during his time..and Nigerians loved him for DAT.. Today how fa? Everybody now dey eye dangote refinery |
Re: Shell Defends 'Difficult' Decision To Buy Russian Crude Oil by Cognitivereason: 4:10pm On Mar 07, 2022 |
MyMouth: The refinery is built to make profit..therefore it becomes a business....it doesn't matter weather it government that builds and own it or a private entity... If we assume govt..builds one...the refinery will operate like every standard company and buy crude at the standard international price but it will be in naira instead of dollars..refine it and sell it back to Nigeria at the standard international price in naira as well.. Government makes profit from the company and use part of it maintain the facilities and keep them from become rotten like what we have today.. What ur saying is what NNPC used to practice with our refinery when they were first commissioned... Ask urself..how are dey doing now.. The funny part is DAT Dangote wanted to buy portharcourt refinery from government and probably all the Nigerian refinery , repair them at his own cost and run it the proper way but stupid and dumb ass Yar adua refused.. D same slowpoke continued subsidizing petroleum products to the point that it even went cheaper during his time..and Nigerians loved him for DAT.. Today how fa? |
Re: Shell Defends 'Difficult' Decision To Buy Russian Crude Oil by maasoap(m): 10:45pm On Mar 07, 2022 |
MyMouth: That's what I said. Subsidised price is FG's decision, not Dangote's. Cement is not subsidised but it is available |
Re: Shell Defends 'Difficult' Decision To Buy Russian Crude Oil by maasoap(m): 10:46pm On Mar 07, 2022 |
Sheggy13: Yes, that's my point. |
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