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TravelRe: General Austria Study/visa( Process And Requirements) by MeineMutter: 10:10am On Jan 16, 2024
MTFindout:
If I'm to use my WAEC, won't the school ask for secondary school transcript?
Check the school’s documents requirements first on their website before asking this question.

Secondary schools usually have testimonials but not transcript.
TravelRe: General Austria Study/visa( Process And Requirements) by MeineMutter: 10:08am On Jan 16, 2024
janda1:
THE JOURNEY OF AUSTRIA LEGALIZATION

Starting from the Ministry of Education down to the Austria embassy.

📍 If you are doing all the process by yourself. It may be tiresome, but you just have to endure. First before preparing to go to the MOE, ensure that you have uploaded your document online and make payments through the remita portal (1000 per document). An appointment slip and remita generated receipt should be printed along with your *original documents* for authentication at the MOE.

📍 Please, ensure to be at the MOE before 6 a.m. If you get there by 7 a.m., I can say your chance of getting a number is 10%. The reason is that they usually attend to the first 50 people who come for authentication. You will put down your name and before they can issue you a number or tally, they will check *if you are with your appointment slip and remitta generated receipt*. If you don't have the two, they will not give you the number.

📍 Ensure you have photocopies of all your credentials/documents with you and any valid means of identification.

📍 Now the process begins, they start attending to people by 9:30 a.m. or 10:00 a.m. (as the spirit leads them). They will check your appointment slip, remitta to receipt and your educational documents, then move to the next table with a sticker will be generated for your certificate. At this second stage, if your documents were not uploaded very well, they will ask you to go and re-upload. Do you know what this means? You will have to pay another money for re-uploading which is #1,000 per document. I saw people who re-upload their documents 3 times before they were issued the sticker.

📍 After you have been issued the sticker, you will take all your documents together with the photocopies to where you will submit them for signature. Here, you will be asked to buy an envelope (#100) to pack your documents. Then you will be waiting to collect your documents after it has all been signed. Note that it is not easy as I have narrated my experience, you will have to queue and pen down your name in every stage I have mentioned. 6. After the collection of your documents, you can request for *ELIGIBILITY LETTER AND ENGLISH PROFICIENCY LETTER*. I got the two documents that same day after I finished with the authentication but here, *you will have to do the needful* to get it that same day and that is if you know the right channel. Actually, it is *FREE* but you may not get it that same day. 

🔺MINISTRY OF FOREIGN AFFAIRS 🔺Then to the Ministry of Foreign Affairs. This is as simple as ABC, there is no stress or any kind of hassle. Just payment remitta payment of *#300 per document* here. If all your original documents are 10 (for example), and you want the MOFA to authenticate both the original and photocopy for you, that means you will have to make payment for the photocopy as well. ( But I don't think it is necessary since the Austria Embassy doesn't need photocopies of your document). Also, the MOFA will request for their copy too for record purposes and you should have a *passport photograph* with you because they will request one copy of your passport.
The reason why I said this stage is easy is that you don't need to go earlier to the ministry but *just ensure you're there before 12 pm or 1 pm so*. The time for collection starts by 3 pm (after you have submitted your documents)

🔺Now to the *AUSTRIA EMBASSY*🔺

This is the stage where you will go and submit your credentials with the sum of *#200,000 payable in cash*. Please, note that any denomination less than *#500* will not be accepted by the embassy. Here you are not allowed to go in with your phone. The security at the entrance of their office will scrutinize you and s/he will help you keep your phone. 

At the Austrian embassy, two of my documents (digital age declaration and the other affidavit I attached to my document) were rejected based on the reason that *THEY ARE NOT PRINTED IN COLOUR COPY* 

*PLEASE, THIS IS VERY IMPORTANT. ENSURE THAT YOUR DIGITAL AGE DECLARATION FROM THE HIGH COURT OR ANY OTHER DOCUMENTS FROM THE HIGH COURT ARE PRINTED IN COLOUR*

I was asked to provide it within the next two weeks. But thank God, I have the soft copy sent to my phone but I will have to print it in color and authenticate it at the MOFA before taking it to the embassy for final submission.
That was my experience with the process.
Good write up. You can modify this and help them put necessary web links that you used then to guide them.
TravelRe: General Austria Study/visa( Process And Requirements) by MeineMutter: 9:58am On Jan 16, 2024
lextube:
For point 7, the accommodation part. I want to state that although you can get a shared apartment for €350. Sometimes in some shared apartments, these €350 excludes utility bills such as electricity, water and internet.

Also, I don't know about other States in Austria, but in Vienna, accommodation is a little bit scarce and getting a student apartment in a dormitory is quite challenging. Sometimes you may apply for accommodation and would be on the waiting list for up to 3 months before you get a student-shared apartment within the price tag of €350 - €370. Because shared apartments don't come easily, and you must present to MA35 an apartment which you have secured and can register at the local district you hope to reside in (Medezettel) before they give you your residence permit, I will advise you to budget at least €400 - €500. I know it sounds expensive, but Austria is experiencing Inflation and the price of renting an apartment is surging too. Budget at least €1000 for security deposit (This would be paid to the landlord/landlady when you move into the apartment).

Make a solid plan for yourself as to how you will survive when you get into Austria. These rents are paid every month and don't expect to get a job immediately you land in Austria, no matter how skilled you think you are. So come along with some foodstuff and some funds that may last you for at least up to 3 months. If you can afford to come along with funds that will last you for 5 months - 6 months, then all the best.

If you are physically, mentally and psychologically prepared to study, live and work in Austria, then please start learning German. Start learning it from Nigeria, you will thank me later for this advice. Life will be easy for you if you can learn German to B2 level before moving to Austria. Learn some other skills like barbing, phone repairs, plaiting of hair, graphics design, photography etc. These skills can help you survive the first few months when you arrive in Austria.

Remember, it is not easy in Austria. Getting a job as a student in Austria is not easy especially in Vienna, because of the language barrier. So you need to prepare. Well I don talk finish sha.
Accommodation is not scarce in Vienna. It’s because you don’t have the right information.

You can get shared accommodation for €350 all bills included. Just know the right direction to look for accommodation. Stop putting fears in people.
It’s good to apply early though to get accommodation in city centers. But no matter where you get accommodation, everywhere is accessible and it’s extremely easy to move around. Their outer city Districts (which you and I can call villages) have everything that you need to survive. They are better than our FCT.
TravelRe: General Austria Study/visa( Process And Requirements) by MeineMutter:
janda1:
What nonsense is this

How can you be selling date

When he can book by himself.... Boss date will be available tonight by 11:59

You are set of people who make things hard for Nigerians

This is what happened to Poland also that they got mad with Nigerians
Don’t mind that man. For Visa-D (which is long stay - part of which study visa is categorized) o, nobody is helping anybody to pick date.
They can be helping them to pick date at VFS office for Austrian Visa-C ( short stay, which is not more than 3 months).

Anybody who pays anybody to pick date for Visa-D at Austrian embassy in Abuja should kiss his/her money bye bye. Even with some insiders I have the opportunity to know there, you can’t influence the appointment date.
TravelRe: General Austria Study/visa( Process And Requirements) by MeineMutter: 9:39am On Jan 16, 2024
beevalley:
Hi guys
Please i have a few question.

- after the verification by the lawyer at the embassy, is it a must to pay the € immediately for the documents to be authenticated?? Or can i pay for some, then come back to pay for the others if needed?

- when playing for documents, if transcript has 2 pages, am i to pay for just the transcript or the pages?
And does this also go for the declaration and attestation.

Abeg who can clarify for me.
Thanks
You meant document to be legalized not document to be authenticated.

- Authentication is done at MOE and MOFA

- Verification is done by appointed lawyer by the Austrian embassy.

- Legalization is done by Austrian embassy and it depends on the number of documents you intend to do.

That’s the sequence.

Back to your question: you can choose not to legalize immediately after verification is concluded and a verification mail/certificate says all is ok.

But why will you chose not to legalize since you have to send legalized docs to Austrian universities for them to offer you admission? Except if one doesn’t have cash, I see no reason why you should not legalize.

It is good you legalize all documents that your university will require to consider you for admission, in addition to your police character certificate, birth certificate, marriage cert/spinster/bachelorhood certificate l. Those last 3 certificates are compulsory because they will be used to process your RP from inside Austria.

I hope this helps.
TravelRe: General Austria Study/visa( Process And Requirements) by MeineMutter: 9:30am On Jan 16, 2024
FRS:
Pls house, I was born 1988....what type of age declaration should I take along to Abuja? Is it the normal birth certificate or NPC certificate? If the latter applies to my situation, how can I go about it? Thanks in anticipation of your responses.
NPC was established in 1992. You can’t use that small grey paper certificate because you were born in 1988. That’s before NPC was established.

Somebody who is, at least, 8 years above your age must do age declaration for you in a competent law court. Don’t do it at magistrate courts o or at courts where they don’t usually come to work.

Let your declarant go to state High Court of Federal High Court where their staff normally come to work regularly.

After getting the age declaration done, your delarant can then proceed to NPC to get a birth certificate for you on their letter-head that would include the passport of your declarant.

The person declaring for you would be the one Austrian lawyer would talk to and the person must know 99% things about you.

It’s better the person is your family member or uncle or aunt etc. don’t use your friends o.

Also, DONT FORGET TO INCLUDE THE PERSON’S (DECLARANT’S) NAME ON THE FORM YOU FILL THAT YOUR ARE SUBMITTING AT THE EMBASSY, AS PART OF YOUR RELATION. OF YOU FAIL TO DO THIS, THE EMBASSY LAWYER WILL PICK IT AGAINST YOU AND TOU WILL HAVE TO DO ANOTHER AGE DECLARATION AND BIRTH CERTIFICATE AND PAY ANOTHER 200k TO THE EMBASSY.

SO, MAKE SURE YOU STATE YOUR RELATIONSHIP WITH THE PERSON ON THE FORM TOO AND IT HAS TO CONFORM WITH THE ONE YOU USE ON THE AGE DECLARATION AND BIRTH CERTIFICATE.
FamilyRe: What Should I Do by MeineMutter: 1:48pm On Jan 15, 2024
First of all, look for her bank account and wire to her what she could have reasonably spent on your daughter before you even initiate any talk with anybody - whether her o or her friends, her families, your friends, or your family.

Don’t forget to send her what she could have spent on herself for the whole years you have absconded and gone AWOL.

You nor do well at all.
CrimeRe: Tokunbo Afikuyomi: How Scammers Hacked My Phone, Defrauded My Friends by MeineMutter: 9:34am On Jan 15, 2024
mrksquare:
Yesterday I received a call from a fraudster who inquired from me if I was aware of the Zoom meeting of my secondary school Alma Mata billed for this week. That I should check the WhatsApp group and register accordingly.

The moment the call ended, I saw a prompt on my phone requesting me to accept the new WhatsApp security code.

Meanwhile, I did two factor authentication on my WhatsApp.

When I saw the prompt I was smart enough to know that the guy had wanted to hack my WhatsApp. I quickly declined the prompt. And sent him an SMS message that he has failed in his device.

We should be smart. Even with two factor authentication, your WhatsApp can be compromised.
This same format has been trending on my alma mata’s forum.
In fact, the hac.kers have been attempting to hack my WhatsApp for over 2 weeks now.

He has called me with 2 different numbers, sent me a code. I guess he is getting tired because before, on a daily basis, he would send at least 12 email messages to WhatsApp, requesting to reset (turn-off) my 2-Step verification.

In recent time, he has reduced it to may be 2 emails in a day.

I have his numbers and I can share it here so that users can save them and be able to block them.

One of the hackers trailing me is on NL here. He even follows me. And I know him. He knows himself. 😁
PropertiesRe: General Topic Thread-To Discuss Anything And Everything in Building Construction by MeineMutter: 11:39pm On Jan 14, 2024
This may be or sound out of order but it is good we are aware and careful of sone doors we buy and use in our houses.

Good we watch this:
https://www.youtube.com/watch?v=hoQgeoja5K0&ab_channel=Chamanskills

Some are not even made as strong as the one shown in this video.
BusinessRe: Video Of production Flaring At Dangote Refinery by MeineMutter: 10:16pm On Jan 14, 2024
pacespot:
If your Dangote can survive with his parasitic business style without Federal government propping him up, why are you Yorùbá and Fulani afraid of restructuring of Nigeria to bring about truly independent states across the country?

I know your useless father didn't teach you about the etiquette of a decent conversation, so will let your childish and lunatic rants pass and focus on the main subject, Dangote isn't the sole owner of that Refinery that is built on his name, there are other stakeholders and investors as well who contributed to bring about its success, I don't even know this is open to any argument with a sane mind.
Deal with it for life. It’s a wound that won’t heal in your region. That’s the same way your blodas are crying all over the US and Europe.

DANGOTE has added many chapters and verses to your Book of Lamentation.
PoliticsRe: Dangote Refinery Seeks Approval To Hit Market With Diesel, Aviation Fuel by MeineMutter: 2:01pm On Jan 14, 2024
DMerciful:
The approval is not news, it has to be approved because the approver is also part owner. The news would be when exactly will Nigerians start buying and at what price!
Thanks for shedding more light on it. Most people think it’s just child’s play.
PoliticsRe: Dangote Refinery Seeks Approval To Hit Market With Diesel, Aviation Fuel by MeineMutter: 2:01pm On Jan 14, 2024
justtoodark:
okay....thx for the infos....
You are welcome, bro.
BusinessRe: Video Of production Flaring At Dangote Refinery by MeineMutter: 1:41pm On Jan 14, 2024
pacespot:
If you guys don't have short memory, do you know how much of our forex was doled out to Dangote by former president Buhari to fund that Refinery, that project was one of the reasons for dollar scarcity and crash in Naira.

And mind you, you forget that the federal government has 20% stake in that Refinery which can also be increased depending on its performance
Did FG dole it our freely? Talking like a kalatobo.
It’s not one of the reasons Dollar was scarce. It’s your state governor and politicians and your ndi billionaires that are importing nonsense that cause scarcity of dollar.
Mind you, most of what Dangote spent on that refineries were borrowings from consortium of banks - both home and abroad.

Didinrin. Were you there when they signed the contract to know that government can increase its stake in Dangote? So you have a copy of such documents? If you have, share it here for all to see. Copycat from Arise TV disgruntled analysts.

No wonder you graduated since and couldn’t find job. Very lazy and unemployable youth.
PoliticsRe: Dangote Refinery Seeks Approval To Hit Market With Diesel, Aviation Fuel by MeineMutter: 11:21am On Jan 14, 2024
justtoodark:
a south easterner didnt even knew how many liters of crude is in a barrel....

those people just japp without facts....
he was sayin nigeria should only concentrate on gettin everything only with crude....

very annoyin people them....

anyways back to topic....
if nnpc has shares of dangote refinery and deliver crude to dangote for free,then nnpc still profit....

in a way its still sometype of subsidy....
nothing wrong with this practice....

south korea subsidys south korean companies alot....
It’s not a subsidy, supplying crude to Dangote. FG (NNPC) is not selling/supplying crude for free to Dangote.

The supply cannot be called inter-company transaction, (in accounting) either, which would be ‘nilled’ off (canceled out) when preparing consolidated group account.

FG’s investment in DANGOTE is just a simple investment (in DANGOTE) in the books of our Federal Government - except if the FG’s intension is to gain CONTROL (above 50% stake in DANGOTE) or exercise SIGNIFICANT INFLUENCE (up to 49% stake in DANGOTE) later.

FG (NNPCL) will record the crude shipped to DANGOTE as sales in its books.

Dangote will record it as purchases of stocks (raw materials) in its books.

At the end of the year when FG is paid by DANGOTE from the profit DANGOTE would have made, FG will record any dividend received from DANGOTE as other income or whatever name it wants to call it.

DANGOTE will record whatever it pays/paid FG as dividend paid/payable after deducting withholding tax and he is still going to pay the withholding tax he could have deducted back to Lagos State where the refinery is.

DANGOTE would be paying monthly withholding taxes to Lagos State government on CHARGEABLE SUPPLIES made to it by vendors who are outside the Free Trade Zone (FTZ).

Where Dangote could have taken delivery of those crude and not have paid for it is if FG is using the crude as all or part of its value of (20%) stocks held in Dangote.
In this case, FG would record all crude that can cover the value of of investment in DANGOTE as SIMPLE INVESTMENT, while DANGOTE would record the receipt of such crude as EQUITY.

It is after the FG has finished sending the crude to be swapped for cash (as investment) to Dangote that Dangote will then start recording any subsequent crude receipts from FG as STOCK (of raw materials), which he would have to pay when invoice is sent to Dangote by FG.

Note: It is ONLY companies established within the FTZ that would not pay state taxes to Lagos State.

Companies (established outside FTZ) supplying things to companies within the FTZ will pay appropriate taxes to their respective tax jurisdictions on all chargeable supplies (this would be used to reduce overall tax payables at the end of the year).

Our tax experts would understand this better because it is a little bit interwoven but not complex. Tax experts in the house can also shed more light on this and correct me where I could have gone wrong because the law for don change.
PoliticsRe: Dangote Refinery Seeks Approval To Hit Market With Diesel, Aviation Fuel by MeineMutter: 10:32am On Jan 14, 2024
harjay1986:
This is the kind of internal investment that can be subsidies for Nigerian just like in Saudi, because we don't need dollar to subsidize the product through dangote, Naira will be the mode of transaction my fear now is we the citizen some people will see the gesture as a way to make money outside the country by smuggling
I like your suggestion very well.
If Tinubu wants to crash the price, he can subsidize 50% of the DANGOTE fuel with Naira for Nigerians and the price could come back to something like N250 per liter.
This would mean we won’t be looking for dollar to defend Naira again because there is no more fuel importation.
PoliticsRe: Dangote Refinery Seeks Approval To Hit Market With Diesel, Aviation Fuel by MeineMutter: 10:22am On Jan 14, 2024
DMerciful:
Out of the $20billion, fg invested about $3 billion cash and crude so what approval are they seeking as if fg is not part owner?

We should stop playing to the gallery
You don’t do things like that in business works. This is a thing that can affect a country, positively or negatively.

It has to be approved and be on government’s records before he can start selling.

All is just formality but that’s how it has to go.
BusinessRe: Video Of production Flaring At Dangote Refinery by MeineMutter: 9:40am On Jan 14, 2024
Richtaiwo:
The expression in bold is not true. At exchange rate of N1,300/$, $1billion is equivalent to 1,300 billion Naira, not trillion. Which is 1.3 trillion.
Thanks for pointing out this. Believe me, it’s never meant to mislead anybody. It’s a typo.
CareerRe: This Happened In My New Work Place. Please advice by MeineMutter: 8:14pm On Jan 13, 2024
Sheffieldconsul:
This is a terrible work place! A "proper company, firm, organization or whatever, have a salary structure or pay scale. Your salary will be inline with that pay scale, regardless of what your salary expectations are or the answer you give to that question. It is either you're cooking up this story or you're in a sh*tty firm.
Even if a company has salary structure, it doesn’t mean an employer is not ready to pay above that when they see an outstanding candidate.
Some hiring managers can go out of their budget for that role by convincing their manager or business heads why they need a candidate even though such candidate is asking for salary outside what is budgeted for.

Don’t forget, a candidate is a like a product or a commodity. An employer needs you more than you need them but due to the fact that you don’t want to loose the job or you want to use the job to dey pepper your enemies and brag among your friends and families, you come go undervalue yourself.

I see no reason why an applicant won’t insist on what you want to be paid even though it seems higher to your employer. Let them price you for you to know if you can come down a bit.

But someone who doesn’t have any job before would think MAKE I DEY TAKE THIS ONE SEE ROAD FEZ. Those are the main reasons lots of candidates earn less.

And OP shouldn’t listen to what people are saying.
The maximum rise in salary he can get in a year is 10%, out of which a minimum of 20% additional tax on that 10% will be deducted. So everything will be back to ground zero because inflation is also there to contend with.

He should quickly look for another job and live. If they want him to stay, they will then renegotiate.
CareerRe: This Happened In My New Work Place. Please advice by MeineMutter: 8:05pm On Jan 13, 2024
Jackanda1:
I recently applied to work in an organisation.

After passing the interview and checks, the management was impressed and decided to hire and give me a major role in the company.

When i asked about the payment for my position, they threw me a popular question;
HOW MUCH DO YOU THINK WE SHOULD PAY YOU?

I gave them a figure in mind, a little above what i got in my former job. Their facial expression was 'WoW'.

I started work on tuesday and after making friends and chating the secretary, i found out that i earn twice less than the staffs in the company in the same position.

Infact, i earn a little more than the gateman and cleaner. The secretary even earns more.

Its my fault, should have done some checks on the strength and salary structure of the firm before applying.

I feel discouraged. With this information, i won't be able fuction properly. Plus this secretary with her loud mouth will spread the news in the company, making me feel worst.

Anyone with this experience? Please console me.
Console ke. You have underpriced yourself.

Start looking for another job or else, life would be miserable for you enemy there. Assuming you don’t know you bargained less, you may not be psychologically affected. But now that you know, e go be like MONKEY DEY WORK…

You don’t know that when you are negotiating or striking a business deal or bargaining for something, the first offer is never the best offer.

They have left you.
EducationRe: FG Unbundles HND Computer Science Across Nigeria by MeineMutter: 7:58pm On Jan 13, 2024
Nice one, though long over due.

They would need more lecturers. I am certain, they would suffer to get lecturers for AI because they are very very very scarce. What of the salary to pay them?
CelebritiesRe: Meet Abuja Young Pretty Female MC Who Is A Mother Of Four by MeineMutter: 7:54pm On Jan 13, 2024
Unlimitedwords:
Abuja Fine Female MC, Event Compere Who Spices Up Your Event With Unique Professionalism
Who send you to write this epistle? Na your wife she be or gf or family or friend? Abi you theu try advertise her profession here without paying Seun?

Make she go wash off that two drums of paints and putty fez. I wan check something.
PoliticsRe: CBN Moves Departments To Lagos State by MeineMutter:
nlfpmod:
https://punchng.com/cbn-decongests-head-office-moves-departments-to-lagos/
They would resist it. Apart from the fact that half of them are from that upward region, they make a lot of money on bank supervision and MOVEMENT (of cash - wether to banks or for destruction).

O ti dun mon won. Come to think of it, a lot of them lobbied to be posted to Abuja ni o.

I have worked in CBN so I know what I am saying.

They are bunch of saboteurs.

Some don’t touch their monthly salaries, year-round.

Throw them out. Let them go and face the fast-pace of life in Lagos.
PoliticsRe: We Will Have Diesel, Aviation Fuel In The Market This Month - Dangote Refinery by MeineMutter:
Jeezuzpick:
If that's the case, then we might hope for a price difference.

Let's wait till then.
I meant NNPC.

Be rest assured. There would, for sure, bè price difference.
What will DANGOTE gain if he can’t sell petrol also?

Do you know the number of vehicles on the road in Lagos alone, including those that come from interstate? They can’t be lesser than 4million.
With an average of 10 liters of PMS per day per vehicle, Lagos alone will consume 20million liters from the nearly 41million liters of PMS Dangote will refine per day.

The refinery is mainly designed to refine Nigerian-grade crude, although it can refine other grades after a little tweak to the equipment and its recipe.

That’s the main reason DANGOTE would prefer to sell locally because he won’t want to be modifying his new equipment just to be able to refine Arabian or American oil grade.

Other West African countries are already used to our refined crude. So, it’s a multiple win for the refinery.
PoliticsRe: We Will Have Diesel, Aviation Fuel In The Market This Month - Dangote Refinery by MeineMutter:
Jeezuzpick:
Uncle,

The extractive industry is not like manufacturing where you can choose your product.

If you smelt iron ore, you'll get iton, not gold or copper.

If you refine petroleum, PETROL MUST BE ONE IF THE PRODUCTS!!

Loss or no loss, there will be PMS and DPK among the products.

Unlike when we have been importing products and can select what we wanna buy, the refinery will spit out PMS and DPK whether they like it or not!

Why are they not telling us petrol will also hit the market?

Mmmmmmmmmm?
Dangote will crack PMS but won’t sell it until NNPC and marketers fully exhaust their stock imported. That’s the deal.
PoliticsRe: We Will Have Diesel, Aviation Fuel In The Market This Month - Dangote Refinery by MeineMutter: 7:14pm On Jan 13, 2024
Menclothing:
In addition, the refinery can load 2,900 trucks a day at its truck-loading gantries


Massive employment opportunities they should link it with train
That’s what I am saying. They think the guy has come to play.

He still has other loading bays at sea o for export.
BusinessRe: Video Of production Flaring At Dangote Refinery by MeineMutter: 7:02pm On Jan 13, 2024
gare:
Is there going to be a downward reduction in price of PMS and other refined products from Dangote refinery, since freighting charges would out of it
Yes. emphatically.

DANGOTE has everything to his advantage. The economy of scale is there. The refinery is new. They won’t even think of repair at all for now, other than minor fine-tuning. So his Opex won’t go beyond what he has projected.

Don’t forget the refinery is being run majorly by Indians and Indians know how to cut, optimize or minimize cost. Its COGS too would be moderate.
Once he gets his procurement right, he can easily bring down the price, in no-distant time.

He has most modern loading system, robust end-to-end ERP systems, modern cargo tracking, world-class consultant who would be on ground till everything takes shape because their cost of doing this has been included in building the refinery. I do not say he won’t need other consulting services o but it would be minimal.

I see him selling selling at N400 before the year runs out.

Do for forget he will have fuel of different grades. Don’t expect all their prices to be the same.

You will soon start seen different pumps at our filling stations with different grades of fuel the way it is being down abroad.
PoliticsRe: We Will Have Diesel, Aviation Fuel In The Market This Month - Dangote Refinery by MeineMutter:
kingralph:
Wait o. The plant refines 650,000 barrels per day and it just recieved 6 millions barrels from NNPC. This is a 10 day stock after which the 6 million barrels would have been exhausted. There is no mention of continuous supply of crude for continuous refining beyond the 6 million delivered. Will crude oil refining then stop after 10 days like the Port Harcour Refinery debacle?
No. They don’t calculate like that. 😁😁. Talk to our industrial chemists. They will break it down for you.

That 650k you see is for concentrated crude. By the time they add so many things to it and water, they will get 159 litres of petro from 1 barrel. That’s a standard o. They can get more or less.

The refinery would not even operate at 100% installed capacity, for now. Max, May be at 50% of installed capacity.

Let’s do a simple arithmetic.

Assuming the plant is operating at 40% capacity, it means the refinery will use: 40% x 650,000bpd to derive other things among which petrol is included.

So Dangote will use 260k barrel of crude oil in a day.

Don’t forget we said 1 barrel of crude will give us a standard of 159 liters of petrol (among other derivatives).

Therefore, from 260k barrels of crude oil, we expect DANGOTE to get 159 x 260,000 which = 41,340,000 litres of petrol per day.

If our local consumption is pegged at 35m litres per day, it means DANGOTE will have an average of 6millions liters of petrol left per day after selling the 35million liters to Nigeria. He can then do whatever it likes with the remaining 6million liters.

The supply of crude oil he is getting is on a continuous basis. He needs a minimum of 6m barrels before he could start.
That 650k bpd crude can give DANGOTE more than 120m liters of petrol which can serve Nigeria for more than a week because our consumption is not static on 35m liters per day.

We can then deduce that the 6million initial crude he received can give him 10 weeks of petrol to be supplied to the market after which he would have received another batch of 6million barrels of crude oil.

I hope this is clear.
PoliticsRe: We Will Have Diesel, Aviation Fuel In The Market This Month - Dangote Refinery by MeineMutter: 6:32pm On Jan 13, 2024
Shikini:
Why are all of them avoiding PMS?

Even the greenfield refinery in Imo State also said they are starting with Diesel (AGO)
.
Those ones, other than BUA and DANGOTE, don’t have catalytic converters to process into PMS. They only got their licenses just to be producing diesel and be exporting to neighboring countries.
PoliticsRe: We Will Have Diesel, Aviation Fuel In The Market This Month - Dangote Refinery by MeineMutter: 6:28pm On Jan 13, 2024
SeeWahala:
What about kerosene and petrol?

Wetin concern the common man on the street with diesel and aviation fuel? undecided
Diesel is the number reason things are costly. Trucks that move farm produce and other goods around use them. Less than 20% of trucks you see on our roads use petrol.

More so, a lot factories use diesel generators to power their equipment and machines. This contributes to high cost of production.

Only lite vehicles like cars, vans, okada, semi-trucks etc that carry you and I from point A to point B use petrol.
I don’t say this doesn’t add to cost of production o, but you can’t compare their impact with that of diesel.

A truck driver was interviewed recently and he said to move product from one of the northern states to one of the eastern states costs him N1.2m in diesel alone. That’s just one way o. He would also pay police at check points, which could cost between N450k and N600k.

Aviation fuel too is important because a lot of air fares and air shipments have to come down quickly.
No airline would prefer to buy costly Jet A1 fuel from abroad again since they can buy with Naira in Nigeria. Also, foreign airlines can be rest assured that the product will always be available at top grade which could force them to reduce a little from their air fares.
BusinessRe: Video Of production Flaring At Dangote Refinery by MeineMutter: 6:15pm On Jan 13, 2024
nairalanda1:
Well, the fact that things have to be sold at a profit should not make you lose your temper for nothing, good sir
I am not loosing an iota of temper over you or anybody. I have told you the simplest truth.

Lots of you talk or contribute like babies that are still suc.k1ng bobi.
BusinessRe: Video Of production Flaring At Dangote Refinery by MeineMutter: 6:14pm On Jan 13, 2024
Realtruth2023:
So let me ask you do you know what they considered? You don't even know and you are talking.
Tell the whole world. Let’s hear you. We will know if it’s one from one of those talk shops given by 8ters of Nigeria.
BusinessRe: Video Of production Flaring At Dangote Refinery by MeineMutter: 4:31pm On Jan 13, 2024
nairalanda1:
Thank you for being so nice. Unfortunately,I don't talk to nice people

Good bye
You could have waited now. Olodo. Just joining the bandwagons of Olodo. Set awon Olodo.

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