₦airaland Forum

Ojuntana:
I made my research
There was no violent protest

https://www.youtube.com/watch?v=EhXm_tolCU8?si=i78GLxZJtdAVL8C2

https://saharareporters.com/2024/01/19/breaking-protest-breaks-out-nasarawa-businesses-shut-after-supreme-court-ruling-affirmed

https://newtelegraphng.com/nasarawa-guber-violent-protests-hit-lafia-as-scourt-affirming-gov-sules-election/

https://www.nairaland.com/7974972/protest-erupts-lafia-over-supreme

https://21stcenturychronicle.com/violent-protest-in-nasarawa-over-supreme-court-judgement/

https://www.thecable.ng/police-arrest-38-for-public-disturbance-in-nasarawa-after-scourt-judgment/amp

DMerciful:
Tinubu has only one term. Even this term, he did not win but was stolen

Tinubu will rule till 2031

DMerciful:
Tinubu has only one term. Even this term, he did not win but was stolen

A lot of people like you claimed he won't get the APC ticket, but he got the ticket

A lot of people like you claimed he won't win the 2023 presidential election, but he won it

A lot of people like you said Buhari and the cabals will never hand over to him, but he's the president of Nigeria today.

A lot of people like you said the court will remove him, but the court didn't remove him.

You and obi had the chance to prove how Tinubu stole

DMerciful:
Stop bringing tribalism to everything. A Northern president will likely reverse it so the Op is making a valid point.

I'm stating the fact. Let's wait till 2031 and find out.

DMerciful:
It should but may not. The dollar might be used to import something else like more frivolities for politicians

It will have a positive effect on the naira. There will be enough dollars for them to buy the frivolities

aderadio1:
Although I also thought GEJ was not good but now I know. Under him the economy was stable. Pounds then never go up more than 5 naira. For months it will remain £1/245 naira. The only time it went higher was towards the end of his tenure.

GEJ tried more than buhari. Baba just entered so I am giving him some slack.
Though he is still better than Obi and Atiku.

Under GEJ, the economy was doing fine, I agree with you. Buhari destroyed Nigeria economy.

But both of them are both failures.

Ojuntana:
When did protesting become unleashing violence

No one said protesting is a crime but they protested violently. Go and make your research.

kettykin:
Cbn has offices all over Nigeria, in a Nigeria state capital, Abuja is the federal capital, relocating regulatory department to Lagos is wrong it is even against the basics for creating Abuja.
Lagos is no longer the federal capital and is just one of the states of the federation .

Bringing FAAN and cbn back to Lagos will give Lagos some power as a capital which it is not.
Emefiele, Sanusi, soludo all acted in good faith by leaving the department in Abuja

All this thing you're saying shows you just want to complain sha, no matter the explanation.

Well, the deed has been done, your complains won't change anything.

Armaggedon:
so branch is now headquarters abi?

I don't understand you

Ikinternational:
Somebody that won because of split votes and you're here acting as if na majority vote am. Smh

Your excuse holds no water.

kettykin:
They can expand the hq, Abuja has the land, Abuja is the federal capital. The move to Lagos is is wrong because Lagos is no longer the federal capital but a yoruba city

You should have told Sanusi and Emefiele not to build CBN branches in Lagos, Oyo etc. CBN staffs won't be sent to Lagos state alone though

Whatisurproblem:
west that gave you democrary do protest, you are just a kid without future

Please, try to always quote me responsibly so I won't report your comment to the mods. Is not a must you quote me.

Read and pass, instead of insulting me because of my opinion which I am not forcing on you.

Point to a western country where people unleash violence because their candidate lose at the election tribunal

ivolt:
That's not how it works.
Some forex will be saved but nothing close to $10 billion.

Nigeria spent over $10 billion importing refined crude last year, If the Dangote refinery can take care of Nigeria needs, are you telling me will still be dashing out over $10 billion dollars to foreign refiners?

In 2022, we spent about $21 billion importing oil

Please explain, I want to learn.

One of my number is barred while the rest are not

Nigeria won't need to spend over $10 billion importing refined crude again. It will have a positive effect on the naira on the short, medium and long run

Magnetic010:
For those that understand economics more, is this good or bad for our naira?

It's good for the naira.

He will only sell in dollar when he export

DMerciful:
I dont have time to further engage you else I'd insist on data. If I insist on data now, you'd start deflecting

You can release the data to prove me wrong.

gidgiddy:
They had no reason to protest? Don't you know that the constitution gives everyone freedom of expression? Nobody needs reason to protest, its a constitutional right. Your security agents are shameless. All the insecurity in Nigeria, it is 38 female protesters they can lock up and charge to court

What a disgrace

The supreme court gave a judgement on the case, why do they have to protest? The protest could have led to anarchy.

Adults must be ready to take their L in peace. They were suppose to be preparing for the 2027 governorship election

DMerciful:
You're not being truthful. Jonathan govt doubled the minimum wage. People were buying cars, generators, DSTV, taking local flights for N3k-10k.

Even though there were some people in poverty, many people were being pulled out of poverty. Nigerian economy was the fastest growing in Africa and third fastest in the world

Again, Nigerians were rated the happiest people on Earth during GEJ administration.
Let that sink in.

You're lying

How many airlines do we even have under Jonathan? There are more people flying right now than we have under Jonathan.

You lied again, people kept on falling into abject poverty under Jonathan. Nigerians thought Jonathan could safe the country, he won in 2011 but lose in 2015 because of his poor performance.

Who rated Nigerians as the happiest people on earth under Jonathan? It seems you have forgotten how prices of goods and services rise under Jonathan.

Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday.

Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant.

It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility.

On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel.

The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals. This is a big day for Nigeria. We are delighted to have reached this significant milestone.

“This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. This is a game changer for our country, and I am very fulfilled with the actualisation of this project.”

Following that announcement, The PUNCH exclusively reported on January 15, 2023, that seven major oil marketers in Nigeria had registered with the refinery for the lifting and distribution of refined petroleum products produced by the plant.

The seven major marketers include 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc and NNPC Retail.

Also as a follow-up, The PUNCH reported again on Monday that the refinery would supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of IPMAN.

But some Nigerians have expressed concern over the supply of crude to the plant in dollars, and whether this could make the managers of the refinery to sell refined products in dollars, since the plant is located in the free trade zone.

The Dangote Petroleum Refinery and Petrochemical Project, a subsidiary of Dangote Industries Limited, is a 650,000 barrels per day crude oil refinery, located in Dangote Industries Free Zone, Ibeju-Lekki, Lagos, Nigeria.

Responding to the an enquiry on whether the plant would dispense its products in dollars, the National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, admitted that it was true that crude oil, being an international commodity, was sold to the plant in dollars.

He, however, told our correspondent that this would not make the plant to sell refined petroleum products to the Nigerian market in dollars, stressing that other businesses operated in Nigeria by Africa’s richest man were carrying out their transactions in naira.

“The legal tender in Nigeria is the naira. The cement being sold by Dangote Cement is done in naira, not in dollar. The spaghetti and other essential commodities that he is involved in are all sold in naira.

“So why should one think that he will now sell fuel in dollars? Except for the offshore sales for those who want to move the refined products out of Nigeria using vessels to transport them to other countries. Such customers may get theirs in dollar equivalent,” Ukadike stated.

He, however, noted that another important thing was for the Nigerian government to be able to close up the widening gap in the foreign exchange rate.

“If the exchange rate for the dollar is low, petroleum products would have been cheap in Nigeria, because the products are imported. So I believe that Dangote will definitely sell the products in our local currency, which is naira,” he stated.

Asked if marketers had been briefed on whether products would be sold in naira or dollars, considering the fact that crude was supplied to the plant in dollars, Ukadike replied, “No, the pricing template has not come out. What is going on now is legislation. The template is not yet out.

“And I must state that there is no way the NNPC will bring out its template in naira and Dangote will bring out its own in dollars. It is not possible! So for the cost of their products, I think they are still trying to fix the prices with the regulatory agencies of the Federal Government.

“They will also look at the feasibility of the market and other factors, before announcing their prices for diesel and aviation fuel, which are the products they are producing now. So the price is not out, for once it is out, you’ll be informed.”

Ukadike also stated that more oil marketers were registering with the refinery, adding that IPMAN had been at the forefront of the registration process.

“More applications for registration are being sent to the refinery by marketers and I think the process has been ongoing for some time now. It is a good thing for the country to have a refinery that refines its crude domestically,” the IPMAN official stated.

Another major marketer confirmed that the pricing template for refined products from the facility has not been released yet, but noted that there had been a series of meetings with the regulators on this.

Asked whether the pricing template for refined products had been released, the dealer, who pleaded not to be named due to lack of authorisation, replied, “No, not yet. We have not received any template yet, not to my knowledge.

“But it is possible that the template should be out soon because various meetings by officials of the refinery with dealers and regulators have been ongoing lately. The meetings are to give insights about activities at the plant. And I believe the template is going to be in naira.”

The Dangote Petroleum Refinery is an industrial plant that transforms crude oil into various usable petroleum products such as diesel, gasoline, jet fuel and kerosene.

Dangote Petroleum Refinery with a capacity to refine 650,000 barrels of crude oil per day covers an area of approximately 2,635 hectares in the Lekki Free Trade Zone in Lagos.

The refinery has so far received six million barrels of crude oil at its two SPMs located 25km from the shore. The first crude delivery was done on December 12, 2023, and the 6th cargo was delivered on January 8, 2024.

The refinery can load 2,900 trucks a day at its truck-loading gantries. The products from the refinery will conform to Euro V specifications, according to the firm.

“The refinery design complies with the World Bank, US EPA, European emission norms, and Department of Petroleum Resources emission/effluent norms, employing state-of-the-art technology,” the company had stated in statement.

https://www.google.com/amp/s/punchng.com/marketers-will-pay-naira-for-dangote-fuel-says-ipman/%3famp

rofanx13:
Tell me something.
Let me know where Wike and Tunubu derived their powers to turn our constitution to ordinary tissue paper
Fubara will wake up after supreme court judgment. Just watch the drama unfold

The state assembly is under the control of wike, the battle is still 50/50.

fergie001:
Both were Federal High Courts in the same Abuja

😦

DMerciful:
People did not protest under Jonathan? Liar!

What suffering was under Jonathan? Fuel at N97 then N87? Bag of rice at N8k? Nigerians were rated the happiest people on Earth during Jonathan. The reason he was voted out was because of bokoharam which was sponsored by the North and amplified by the West.

The suffering started with Bubu(APC)

There was a lot of people suffering under Jonathan. How much is fuel in 1999? How much is a bag of rice in 1999?

Suffering started in Nigeria in Nigeria more than 33 years aho

fergie001:
SOURCE

Is there no way a new law can be made to put an end to this mess by federal and state high courts?

PROUDIGBO:
Stupid argument!

Were we given the option of a referendum and we rejected it to go out and vote massively for Pierre Obi?

A very stupid argument

You should all have stayed away from the presidential election to pass a message across.

Keep on playing

gidgiddy:
What a country, what a disaster of a county

You lock up 38 women just for protesting

Chei!

They had no reason to protest. They were causing public disturbance and mischief. Their senseless action could have lead to anarchy in Nassarawa state.

They must be use as an example so that some set of people who find it hard to accept defeat won't also do it in 2027.

BloomingDale:
Please let us make noise concerning this issue. It might be us tomorrow.

Why should we make noise about this good news?

Good one

DMerciful:
Not to be docile but protest in large numbers

This is not the first time there will be hardship in Nigeria.

Under Jonathan, people endured and didn't protest, under Buhari, people endured and didn't protest. We will also endure this little hardship under Tinubu till things start getting better.Things will be better in Nigeria by this time next year sha, so let's endure a little bit more

DMerciful:
Not to be docile but protest in large numbers

Under Jonathan, there was hardship, inside the hardship, Jonathan increased fuel price. while people were protesting in all the states in the south west, the people in the south east didn't partake in the protest.

If you are not comfortable with this little hardship, start your protest in the east, we in the west will be following the protest on twitter and nairaland.

The incarceration of Kanu is not an unjust one.