₦airaland Forum

PDPGuy:
I believe Kenya will be making their debut at a FIFA women’s tournament, as a result of this qualification

Is it that Ghana didn’t participate in the qualifiers?

vaxx:
I said kings oil in Ghana not Ghanaian kings oil.

This was your argument from your earlier post:

“that is a welcome development.presco is not actually doing well in the market, hopefully Nigerians management can utilize their skills to return them into profitable venture.

Kings oil in Ghana with a subsidiary in Nigeria is one of the biggest palm oil production in Africa ( and among the top five in the world) kings oil from Ghana are even available in Nigeria market, at times they just produce just so many for Ghana market , so they offload it to Asia or some part of Africa.

vaxx:
I said kings oil in Ghana not Ghanaian kings oil.

What are you saying? Wasn’t your initial argument against the guy who posted PRESCO entering Ghana, a reply to say that a Ghanaian company Kings oil is the biggest palm oil company in West Africa with some available in Nigeria ? or should I repost your comment?

vaxx:
isn't the same davon producing kings oil

Where is the Ghanaian Kings Oil Company you said is the biggest in West Africa?

vaxx:
A basic way to search the Google. "" Does Ghana produce kings oil"" and let's see what you find.

Okay I did and still this is what I found. Trust me, if this company is as big as you say, I wouldn’t have this trouble finding it. The companies that produce vegetable oil in Ghana are not as big as you described. So you clearly exaggerated.

Enugu drive through.


https://www.youtube.com/watch?v=qNdDO7_cgns?si=3A3Kt7qSKwbhOcB9

vaxx:
lol, personal issues, I even sent them an email as at yesterday, it is a mini city on its own. It has is own estates ,villages, farms, hotels and many expertrate close to about 1000


Just goggle kings oil Ghana and its location, you shouldn't be stressed out to find it on the Internet. And also checked for their volume of production. I think in the whole of Africa, only Nigeria can claim to have more palm oil output than Ghana.

I have googled it exactly as you suggested and I can’t find it. The closest I found are in India and Nigeria. If they are so big, it shouldn’t be this hard. Give me a link.

vaxx:
that is a welcome development.presco is not actually doing well in the market, hopefully Nigerians management can utilize their skills to return them into profitable venture.

Kings oil in Ghana with a subsidiary in Nigeria is one of the biggest palm oil production in Africa ( and among the top five in the world) kings oil from Ghana are even available in Nigeria market, at times they just produce just so many for Ghana market , so they offload it to Asia or some part of Africa.

I can’t find this King’s oil Ghana. The closest I found is Devon kings oil refined locally in Nigeria and no mention of Ghana. Can you give me a link please?

AfriqueDuZuid:
ANC:40%
DA: 21%
EFF: 9%
MK: 14%
PA: 2.%
IFP: 3.8%
VF plus:1%
ACTIONSA: 1%


ONLY WINNER here is MK of zuma.. DA has reached the glass ceiling, its only going down from here a lot of truths coming out.

If MK was not there PA would have been around 7%along with ACTIONSA, DA will never grow in SA

Isn’t DA the pro western party?

AfriqueDuZuid:
Kenyans will wake up when its too late

To be honest, I don’t think Ruto has been that disappointing. He’s been able to relatively stabilise the economy in the last 3 months.

Botswana, Libya, Eritrea have never borrowed from the IMF.

Smartphone sales in Nigeria grew in the fourth quarter of 2023, according to the International Data Corporation.

Nigeria overcame market volatility and a significant currency devaluation to record Africa’s second-highest growth rate thanks to a strong push by Chinese brands,” the data insight firm said.

In August 2023, Umar Danbatta, the then executive vice chairman of the NCC, disclosed that Nigeria was ranked 11th in internet penetration and seventh in mobile phone usage globally.

”Nigeria is a telecommunications powerhouse, accounting for 82 percent of the continent’s telecom subscribers and 29 percent of the continent’s internet consumption,he said.”

The FG of Nigeria will officially launch the reopening of freight services on the old narrow gauge rail line from Apapa Port in Lagos to Dala Inland Dry Port in Kano spanning a distance of 1132km within a few days as rehabilitation is complete.

jl115:
There is talk about a secret coalition between the DA and ANC, both parties however do not want to enter an official coalition due to the fact that they are worried about their reputation thus they are calling it a working agreement but it is infact a coalition

Would EFF also be in that coalition? What of Zuma’s party?

rvp2018:
Nairobi - Capital of Africa (I remember when I predicted this it sounded ridiculous - now everyone starting to acknowledge)

https://www.youtube.com/watch?v=jj3WkTNVsQw&t=594s

This YouTuber has great videos for all African countries. He also called Nigeria (Lagos) the center of black excellence and Abuja the capital of West Africa.

Heffalump:
I've never seen a country like Nigeria that loves the dollars more than the Americans that own it. We adore another country's currency as if our lives depended on it, and if not we all die!

I've been to other African countries and you don't see them speak much about the dollars. Who did this to us?

Because our lives actually depends on it. Those other countries you mentioned do not have unstable fx rates. When theirs get unstable, they also worry.

Step by Step. We move.

The jet fuel shipment to Europe is just the latest milestone achieved in the last few months. Dangote has already exported six jet fuel/kerosene cargoes, all delivered to Senegal, Togo or Ghana.

Malema my man 😀. What’s happening?

Sunnyson8:
This girl is bomb, in her first season as a Pro Baller. This girl really need to be talked about more like her PR team is very very weak, she needs more publicity, Going to Italy when the league is already past half gone and still putting in this number goals is something to be amazed about.

Randy need to play her more in that no.10 position as she might do better than Toni Payne who have also done well in that position than on the wing for the SuperFalcons. Let the No.10 spot just be a battle between Toni and Onyi, whosoever delivers should be the starter.

Also note that her first 5 games or thereabout were from the bench usually less than 20 minutes of play.

vaxx:
Are you aware naira is falling again? Naira only enjoy two weeks positive stability against dollar,

It would strengthen again. Nigeria has been repaying some debts (over 300 million dollars to IMF so far in May plus other debts), Dangote importing much crude oil, Companies repatriating dollars they couldn’t repatriate for years.
In time naira would settle.
Even Ghanaian cedis would begin to settle again most likely between now and June.

goatandyam:
But you go still dey import crude and petrol will not be cheap.

Thief

If he doesn’t import crude would NNPC give him all the crude he needs?

Dangote’s fuel oil exports hits Europe

Approximately 72pc of the fuel oil exported from Dangote has found its way to the US since the refinery initiated its first LSSR export tender in mid-February. The total delivery so far stands just shy of 620,000 tons.

According to trade analytics firm Vortexa, another LSSR shipment totaling 83,400 tons left the refinery on May 7. It is slated to arrive in France on May 22, although market participants speculate that this may not be its final destination.

The price assessments for LSSR, based on a fob Amsterdam-Rotterdam-Antwerp (ARA) basis, have remained at a $5 per barrel premium to front-month Ice Brent crude futures this week. This marks a narrowing from an 18-month high of $7.50 per barrel in mid-April.

Maintenance work, which commenced in the first quarter, has impacted fluid catalytic cracking (FCC) units at several refineries. These FCCs play a crucial role in utilising LSSR and low-sulphur vacuum gasoil to augment gasoline yields.

Port harcourt Aba rail completed and open for commercial operations.

Ma Kenyan people hope you guys are safe? We experienced this in 2022 as well. It’s crazy.

morikee:
When the going was smooth.

It wasn’t smooth

AntiMarxist:
Larry Fink is ruling Nigeria .

President Tinubu no be everything from BlackRock you go take.

This is pure Jewish ursury that only ends up bankrupting society .

The student loan thing is pure evil .

How is consumer credit bad? It is the best way for Government to stimulate economic growth because there would be high consumption which in turn fuels demand that fuels high production.

Dangote is set to make far more jet fuel than West Africa needs. Nigeria is by far the region’s biggest aviation market — accounting for more than two-fifths of passenger traffic in Central and West Africa, according to IATA figures. Dangote jet production is expected to reach 56,000 b/d, or four times higher than Nigeria's meager jet demand of 14,000 b/d. Some Dangote jet fuel has already gone to Togo and Gabon. Once the plant reaches full production, traders expect it to eventually flow to South Africa, Europe or the US depending on arbitrage economics. Exports will be sold on an f.o.b. basis via tender. So far only high sulfur gasoil has been sold that way, ahead of Africa's switch to 50 parts per million sulfur fuel next year, by which time Dangote will be making low-sulfur fuels.

Dangote started selling homegrown jet and gasoil to local fuel marketers earlier this month. MRS Nigeria Oil is understood to have bought the first 10,000 metric ton jet (78,800 barrel) shipment from the refinery, delivered just a few kilometers along the coast into Lagos. Another 20,000 ton parcel is already plying the same route. Around 75% of Dangote’s fuel production will be sent by sea — to ports in Nigeria as well as overseas — with the rest transported by road tanker. A new six-lane highway has already been built around the new refinery to handle mostly inland gasoline deliveries. Current refinery throughputs of just 30%-40% yield mainly high-sulfur gasoil and jet plus some naphtha. Heavyweight gasoline sales aren’t due to start until next month.

Dangote is set to flip Nigeria from a 100% jet fuel importer to a significant net exporter. “As of today, jet from India is still cheaper than Dangote barrels,” says one prospective jet fuel buyer for May delivery. Sources tell Energy Intelligence that Dangote is selling jet at a significant premium over c.i.f northwest European jet assessments for delivery into Lagos and wants pre-payment in US dollars. Prices should start to fall as the new refinery ramps up production, although local traders say imports are likely to remain competitive for the time being. Red Sea tanker diversions have dramatically improved jet availability in West Africa since Mideast and Asian tankers now routinely divert around Africa.

PressMyButton:
I was telling them on the thread when wailers were jubilating on the news on FP that PH was set for December, I said the mechanical works had already be completed while test running is ongoing and that marketers will be lifting fuel anytime soon. If your life is dedicated to negativity and bad energy, our own lives are dedicated to good, that's why good things follow us always.

The senate didn’t communicate the message well. I think the 60,000bpd refinery is what is about to start while the complete refinery with a total capacity of 210,000bpd all together is what most likely would be completed before December.

I would only put Ordega in reserve and replace her with Stella Mbachu. Ordega was great at her peak, but Mbachu was very consistent.

emkz:
Brother, we must. These people are not exposed at all. We have seen their likes set countries on fire. They have no clue about nation building and want to burn down things because they lost elections.

While my intention is not to change them because they are far gone, my efforts are to prevent others from being converted, especially their children and fencesitters who may be indoctrinated with their poison.

You are right. I observed some outflows yesterdays from naira as naira depreciated to 1170 from 1110. These people wanna scare foreign investors with their propaganda and Bloomberg’s report gave them orgasm yesterday.

Deltamani:
She doesn’t look like a woman Yes! But since FIFA and IOC already allowed her to play @ the World Cup & Olympics I don’t think there’s anything much they will do there.. Again she’s isn’t the only one that looks more like a man that’s playing in the NWSL.. Chawinga, Quinn etc are there!

Isn’t Chawinga currently in PSG?

The naira hit an eight-month high of 1000 per US dollar at the black market on Tuesday, a remarkable turnaround for a currency that had looked destined to hit N2000/$ barely two months ago.