Queues have returned to the UK

Kokaine:
why don't we refine here exactly? How does it work.
We have crude oil, so how do we export it and then import it again? And after exporting it, will they decide not to give it back to us and direct it to Europe? Or do we buy back what we have sent?

What does dangote refinery add to this exactly

Exactly. Leave Dangote. Young boys in Rivers and Bayelsa states have the know how to refine and get fuel from crude oil. PMS. This is the time to give them extra training and let them refine for all of us.

InvertedHammer:

/
US writes the economic policies that move the world. When she coughs, others catch cold. They have many financial gimmicks in their arsenal to cushion any adverse effects including sending money to their citizens, quantitative easing, etc.

You should be more worried about how it will affect Nigerians. With crude oil at $130/barrel, expect scarcity in Nigeria soon since your government has failed to implement local refining of crude oil.

/

/

We all know the universal use of dollars as international exchange is what is helping with their inflation

By next month USA will start producing vehicles using Coca-Cola and Fanta instead of fuel.

Cool

Kaiser20:
By next month USA will start producing vehicles using Coca-Cola and Fanta instead of fuel.

Not funny

WarriAproko:
have u been to North Korea. Or u saw it from the western media

good question

Teaser4:
I’m waiting for the EU countries to follow , I wan check something… it’s just 4% inconsequential … Nah Germany Dey my mind… Germany with balls pls ban Russian oil and gas… UK want to wait till the end of the year, dem suppose act asap… pls ban immediately… Jokers!!!

It won’t change anything, only diplomacy go settle this matter…. Make dem meet and negotiate so Ukrainians will have peace and return to their homeland, no place like home….

actually Russia had earlier stated that they will cut gas supply to Germany as soon as the US ban the importation of thier oil. Let's see how the whole thing will unfold

Emmyxclusive:
actually Russia had earlier stated that they will cut gas supply to Germany as soon as the US ban the importation of thier oil. Let's see how the whole thing will unfold

bullshit

Kokaine:
why don't we refine here exactly? How does it work.
We have crude oil, so how do we export it and then import it again? And after exporting it, will they decide not to give it back to us and direct it to Europe? Or do we buy back what we have sent?

What does dangote refinery add to this exactly

So pathetic.....Nigeria exports unrefined crude oil as a business link and imports refined Fuel, gas/ cooking gas and kerosene alone as other products of crude oil will be lost due to no refinery in Nigeria to gain all.

So while the Nigerian government makes revenue from exporting crude oil, they end up paying huge subsidy to oil markerters to import only these four items, if not for the subsidy, fuel pump price will be up to #1,500 including other items.

But the funny thing is that,......while the price of oil increases, the cost of importing also increases and assuming if Nigeria has a working refinery and exports as well, the gains will be huge but here we are , failed leaders every where you go in Nigeria like MTN.

Let's watch and see what Dangote the god of Nigeria can do.....we are subject to his decision while our government looks like mumu.

Bellerophon:


Stop the misinformation, no party has ever unified the government at a federal level controlling the Whitehouse and the bicameral American parliament since Bush in 2002, every midterm elections has seen the minority party regain majority even during Obama’s and Trump’s administrations, Biden’s only been the recent exception! The Republican Caucus in both the house and senate always stood a better chance of reclaiming majority this midterm given what you may rightly describe as Biden’s lackluster leadership given the shift of focus on the American public space from COVID to issues like economic recovery, the shoddy withdrawal from Afghanistan, the perception that the democratic left has hijacked the party establishment and is trying to propagate a socialist agenda as is referenced in the flagship programs of the Biden Administration like the American Rescue plan and his signature bills on expanding social infrastructure.

Educate the poverty of your mind, you should be ashamed of parroting opinions on issues you have not even the slightest inkling about!

Lmao. In your self-glorifying goblin rant, you just reaffirmed the reality on the current Let's Go Brandon's maladministration and lunatic foreign and economic policies.

A great reset is unfolding, and it's one that the American empire will be at the losing end. Those pushing Mr Brandon now will be the one to mock him by the time this circus show is over.

rofanx13:
Nigeria will cash in big time.
Lete see how ApC government will handle the oil proceeds.
Congratulations to Nigeria

at the end they go to dubai to waste the money No proper infrastructure.

EmmanuelScott1:
JUST IN - Average gas prices in the U.S. reached $4.17 per gallon today, the highest in history, breaking the previous record of $4.11 set in July 2008.

@disclosetv

Russia will suffer more pain than they are inflicted on Ukraine. Their economy will be worse than Ukraine by the time the West is finished with them.

U don’t invade a democratic sovereign nation just because u can.

Emmyxclusive:
actually Russia had earlier stated that they will cut gas supply to Germany as soon as the US ban the importation of thier oil. Let's see how the whole thing will unfold

No Russia said if the Eu should cut oil not the us

ceaser:
Na US citizens go suffer am. By the time better cold hold the citizens well, dem no go tell Biden before he relaxes the ban.

Abeg, Vladimir helep us reroute your LPG to Nigeria make well get price crash. Like buying 12.5kg for 700 naira.

an average US and EU citizen is ready to spend more just to see putin suffer. They know the will suffer, but they also know Putin will suffer the most

InvertedHammer:

/
High inflation. Then the Fed will be forced to raise interest rate. Like I stated, US has many weapons in her arsenal to formulate policies to cushion adverse effects in her economy.

/

US is running out of options. In the present case, they now sanction one country by replacing them with another country in their sanctions list. Imagine running to Venezuela or Iran for oil supply.

Moreover, this rash of sanctions helps no one. It will easily lead to global economic recession and also bring the 'BRICS' together, creating a separate and viable economic sphere of influence for the Chinese. This will hurt the west in the long run.

jaxxy:



Russia will suffer more pain than they are inflicted on Ukraine. Their economy will be worse than Ukraine by the time the West is finished with them.

U don’t invade a democratic sovereign nation just because u can.

Everybody go suffer am

Then,he can relax the sanctions on Venezuela- a country the US tried to suppress.

It's getting serious

baralatie:

Everybody go suffer am

Nothing like everybody. Russia will carry their cross alone.

Rexymania:
Increase everything. Na una go suffer am nob Russians

One blind clown spotted

EmmanuelScott1:


https://www.google.com/url?sa=t&source=web&rct=j&url=https://amp.marca.com/en/lifestyle/us-news/2022/03/08/62277c52268e3ef83f8b457e.html&ved=2ahUKEwiE1J73_bb2AhXB6aQKHaqnAK0Q0PADKAB6BAgTEAE&usg=AOvVaw3ChBsnzhPm2IO0HnVOg2Qf
Lalasticlala

American citizens will suffer the effects as gas price has started sky rocketing

jaxxy:


Nothing like everybody. Russia will carry their cross alone.

If the American dollar gets hit by inflation will it not affect Nigeria

baralatie:

I need help here if dollar loose value.
Will it not drag Nigeria?

I think the Naira will start gaining against the dollar instead

ceaser:
Na US citizens go suffer am. By the time better cold hold the citizens well, dem no go tell Biden before he relaxes the ban.

Abeg, Vladimir helep us reroute your LPG to Nigeria make well get price crash. Like buying 12.5kg for 700 naira.

Another blind clown spotted

Bollinga:

I think the Naira will start gaining against the dollar instead

How will it gain when Nigeria are gross importers?

Frankiss44:


Everytime na the percent dey reduce lol.. All these Putin online bugs nor go kill me.. First u guys said america can't do without Russian gas.. Now the narrative has changed to the ban being meaningless �

Can they?

Armaggedon:
US is running out of options. In the present case, they now sanction one country by replacing them with another country in their sanctions list. Imaging running to Venezuela or Iran for oil supply.

Moreover, this rash of sanctions helps no one. It will easily lead to global economic recession and also bring the 'BRICS' together, creating a separate and viable economic sphere of influence for the Chinese. This will hurt the west in the long run.

/
You probably don't know that US has a huge oil reserve that's not being drilled because of political consideration.

In the oil market, what do you think WTI stand for? Ever heard of Baker Hughes oil rig count report?
/

Ukraine president is very disrespectful, see how he's causing trouble for the Old grandpa Biden.

Now Biden will start running up and down to her enemies in Venezuela, Iraq, Iran looking for Oil and gas for American people.

$4.02 for regular pump price! We not highest exporter shii

Bellerophon:


Why do you type gibberish and masquerade them as comments?! The US is in no way reliant on Russian energy imports and as a matter of foreign policy has made self reliance and self sufficiency a cardinal focus of their energy plan hence the increase in investment in shale technology! I guess you are either misinformed or unaware of the energy capacity of the USA as the highest producer of energy in the world and one of the highest exporters as well! Be informed, don’t be blinded by your mad hate for western economic ascendancy!

kokomilala:
Then,he can relax the sanctions on Venezuela- a country the US tried to suppress.

Venezuela and Russia are buddies!