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PHAYOL81's Posts

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PropertiesRe: Lagos Demolishes Traditional Shrine Over Environmental Violation (photos) by PHAYOL81: 6:46pm On Aug 09, 2024
Religion shouldn't be at the detriments of the society. If you can't do it right, you shouldn't bother to do it at all. Otherwise, things like this will keep happening to defaulting properties. Good one there, LASG.
GOD BLESS LAGOS STATE
FOR A GREATER LAGOS STATE
EKO O NII BAJE O
WE RISE!
SportsRe: Paris2024: Why We Couldn't Produce A Bike For Ese Ukpeseraye - Owan Enoh by PHAYOL81: 4:58pm On Aug 09, 2024
lexy2014:
what exactly has the highlighted got to do with the discussion?

can you show me where in the questions you responded to that saw crucifixion?

what circumstances?

where was the sports ministry when other countries were buying bikes for their athletes?
Typical lexi2014 exactly: baseless argument, obvious comprehension challenges and dumb questions. Of course, a sage once opined that no individual is exactly the same person he was yesterday, logically as daily events wisen everyone but somehow, in your case you seems to retrogress back into worse dumbness. It's a pity!
For my sanity, I'd rather leave you to continue wallowing in your muddy depth undisturbed. It seems to be your calling.
PoliticsRe: 10 Largest Refineries In The World by PHAYOL81: 11:58am On Aug 09, 2024
abbey621:
Stop using Google AI and do actual research, bfore you shout misinformation, go back and read what I wrote, AS OF 2023, the daily consumption was over 60 million. Moving on, even if Dangote's refinery could work at full capacity for the whole year, it still would prefer to sell its product to international clients than Nigeria. Remember this is not a public/government owned refinery.

Lastly, let's even assume you're right and that single refinery along with the local options could cater to both Nigerians and international clients, WHY IS THE GOVERNMENT STILL SPENDING 1 BILLION MONTHLY ON PMS IMPORT? Either your data is incorrect or the government sabi pass you. Either way do more research man, you clearly don't understand the difference between capacity and actual output!
Nigeria still import PMS, to begin with, because Dangote refinery is yet to supply the market with it. And in addition, even if we have 60million litres daily requirement of PMS in line with our recent consumption rate (which I later found out to have peak at 64millions in June)in support of your claim, yet with the Dangote refinery configure to produce exactly 55% (as against my goof of 35% in previous post)of PMS from each barrel of crude, then the refinery is self sufficient with little to spare.
A 55% of 650000bpd will give us 60775000litres. Now, consider there are other private players already onstream, with one or two having capacities as big as 100,000, then Dangote would always have spare for exportation. We should also bear in mind the lost to smuggling. And moreover, there's the PH refinery in the picture too, if you're an optimist like me.
You made an allegation of refineries not ever performing to the fullness of their capacities but findings show that's not always entirely the truth. Majority of them in USA and China do 98 or 99% throughput which is as good as 100% and the challenges for others underwhelming performance to hit the height of their capacities had often been identified as FEEDSTOCKS supply insufficiency, DEMAND insufficiency, and MAINTENANCE issues. So, it ain't like none has ever produce as much as its potential stipulates.
PoliticsRe: NNPC Supplies 60% Of Our Crude - Dangote Refinery by PHAYOL81: 11:03am On Aug 09, 2024
If true, good that!
PoliticsRe: Nigeria Is The Ninth Most Attractive Investment Location In Africa - RMB by PHAYOL81: 10:50am On Aug 09, 2024
With our potential, our available resources and our general ecosystems, ninth position is an insult. We should tell ourselves the bitter truth that we must improve and get ourselves to the very top of the ladder. That's exactly where we belong.
GOD BLESS NIGERIA
WE RISE!
PoliticsRe: Port Harcourt Refinery: NNPC’s August Deadline Realistic, Says IPMAN by PHAYOL81: 10:38am On Aug 09, 2024
Hopefully
SportsRe: Paris2024: Why We Couldn't Produce A Bike For Ese Ukpeseraye - Owan Enoh by PHAYOL81:
The comments here essentially shows why and how fast we have to restructure this country and transition permanently to parliamentarian system of government. The people just wann complain and castigate leaders not affiliated to their tribes even in the face of clear explanation that duly shows the contingents were caught unaware.
INTERNET search and platforms support the minister's explanation but certain insatiable individuals want more.


lexy2014:
what circumstances?

where was the sports ministry when other countries were buying bikes for their athletes?
This one didn't even bother to read the post before rushing to crucify the minister. He already has innate hate for the government so he jumps on anything or excuse he can get to abuse them.
PoliticsRe: $20bn Dangote Refinery Will Disrupt Europe’s Oil & Gas Industry – OPEC by PHAYOL81: 9:40am On Aug 09, 2024
Hopefully this is to the benefits of the Nigerian people.
PoliticsRe: NNPCL Demands ₦‎4.7 Trillion Petrol Imports Refund by PHAYOL81: 9:38am On Aug 09, 2024
This looks perfectly like INDIRECT DOLLARS SUBSIDY. Wow!
PoliticsRe: Lagos State Government Press Release In Yoruba - Opens Channels Of Communication by PHAYOL81: 6:39pm On Aug 08, 2024
That's good.
PoliticsRe: Power Generation Hits Three-Year High Of 5,105MW by PHAYOL81: 4:15pm On Aug 08, 2024
Still meagre but the improvement is welcomed. Pray it gets a lot better, by the way
PoliticsRe: O’tega Ogra Vs Bayo Onanuga: On President Tinubu’s Video On Social Media by PHAYOL81: 2:14pm On Aug 08, 2024
Obvious challenge of information mismanagement
PoliticsRe: Whatsapp Group For Seyi Makinde's Presidential Ambition In 2027 Launched by PHAYOL81: 2:11pm On Aug 08, 2024
Clowns
PoliticsRe: FG Moves To Revamp Textile Industries, Sanwo-Olu, Uzodimma To Lead by PHAYOL81: 1:55pm On Aug 08, 2024
Good. Fabric, paper, glass/screen, battery, leather (for shoe, bag, belt, jacket, seat, mat, etc), tyre factories should be revitalised and encourage to produce grade A qualities that would not only necessitate local patronage but also attract exportation and FX. Time we started taking serious action on manufacturing and be very bullish about the promotion for good quality and patronage. Nigeria will be great again.

WE RISE!
PoliticsRe: Gas Pipeline Debuts In Eko Atlantic City by PHAYOL81: 1:27pm On Aug 08, 2024
Great idea. This will enable easy transitioni to and development of independent power stations and energy plants for the constant supply of electricity, cooling/warming temperature and factory/manufacturing needs to drive industralization.
PoliticsRe: 10 Largest Refineries In The World by PHAYOL81: 11:43pm On Aug 06, 2024
abbey621:
Nigerians consume about 60 million liters per day as of 2023, that's approximately 400,000 barrel of oil per day. If Dangote's refinery is only producing 600,000 barrels per day, what will it do with it's obligation to refine oil for international clients?

Even if efficiency was increased to 100% WHICH IS IMPOSSIBLE as the best refineries in the world only operate at 80 to 90% capacity). How much of that 600,000 barrels per day will go to Nigerians rather than international clients where more money is made?

Whether we like it or not, we need at least 3 of such refineries to reap full benefits! The U.S has over 130, U.K has at least 6 and South Korea at least 5.........What makes you think one refinery can service Nigeria's oblgations?
I doubt Nigeria consume anything around 60 million litres per day. The number is between 30/33 million litres which is well short of the 53million litres dangote refinery would produce (of PMS). A monthly consumption rate or better put, our regular monthly importation of PMS data stands at an average of 1billion litres. So with the refinery configure to produce 53million litres everyday, it should be able to produce close to 1.6million litres monthly which covers our need and still leaves around 500million litres for FX generation. Remember, a chunk of the number we import (in PMS)are smuggled out through our leaking borders.
Besides, Dangote refinery ain't alone in the business in the country. We have many modular plants to help out and hopefully, some ongoing construction to help too even if we have to accept the national refineries are doomed never to function.
And to further correct another misinformation, Dangote refinery is 650k bpd capacity, not 600k.
CrimeRe: Police Foil Robbery Attempt, Arrest Suspect With N4.9m In Kano by PHAYOL81: 10:39pm On Aug 06, 2024
Taking advantage of the protest to perpetrate his innate crime but thank God the cops got right up to it. He deserves to rot in jail.
PoliticsRe: 10 Largest Refineries In The World by PHAYOL81:
Dangote refinery is at number 7 on overall capacity list but is the largest single train of such facilities in the whole wide world. And, as a thoughtful advantage, the facility is designed to accommodate expansion that can take the capacity to a million bpd.

abbey621:
Many of una know shin shin about economics, una just expect magic button wey go solve all problems. How much fuel is consumed monthly by Nigerians, now compare it to the maximum capacity of Dangote's refinery, you'll see that it would take at least 3 of such refineries to achieve the things you've listed above assuming they function at full capacity.
YOUR submission is misinforming and outrightly inaccurate. Nigeria hardly consume up to 300 million litres everyday while the refinery is designed to output PMS at around 35% of a barrel of crude. Mathematically, there should be surplus for exportation on daily basis as a barrel is equivalent of 155 litres which can increase as far up as 170 litres after refined (considering the addition of chemicals substances at the refining process). A massive refinery like that should take care all our petroleum needs and generate massive forex too by the time it operate at full capacity.
BusinessRe: Jeff Bezos, Mark Zuckerberg And Elon Musk Lose $149 BILLION In One Day by PHAYOL81: 5:11pm On Aug 06, 2024
It's a global dip so no problem as things would always retract back to the best. It's one of those things.
PoliticsRe: Protesters In Lagos Call Off Rally by PHAYOL81: 1:40pm On Aug 06, 2024
StUriah:
Not a pseudo name.
Alright. Thanks
Foreign AffairsRe: United Nations Says Nine Employees 'may Have' Been Involved In October 7 Attack. by PHAYOL81: 1:36pm On Aug 06, 2024
Damn bad
PoliticsRe: Protesters In Lagos Call Off Rally by PHAYOL81: 1:29pm On Aug 06, 2024
Hassan Soweto? A pseudo name?
EducationRe: Finally! My Siblings NELFUND Loan Came Through by PHAYOL81: 1:25pm On Aug 06, 2024
Yet some ! d!ots are hellbent on toppling the government bringing up all these initiatives because of political affiliations. Things ain't generally good but Rome wasn't built in a day. We have to exercise patience and look on the brighter sides.
With good policies like this, we should be able to commend them.
EducationRe: Student Loans: Students Confirm Payment Of Monthly Stipend In Their Accounts by PHAYOL81: 9:28am On Aug 06, 2024
Pleasant
PoliticsRe: Chris Uba Attacks Artisan Who Demanded Payment For Completed Work In London Home by PHAYOL81: 9:27am On Aug 06, 2024
Oh?
PoliticsRe: Our Huge Investment In Creative Industry Is To Boost State's Economy - Oyebanji by PHAYOL81: 9:09am On Aug 06, 2024
Alright
PoliticsRe: Protester Lament Low Turnout For The Hunger Protest In Lagos (Video) by PHAYOL81: 9:06am On Aug 06, 2024
Even that turnout , I'm sure, practically contains non-indigenes
PoliticsRe: NNPC Launches New Crude Oil Grade, Exports First Shipment To Spain by PHAYOL81: 9:00am On Aug 06, 2024
Great
PoliticsRe: Why Fuel Importers Will Frustrate Dangote – Obasanjo by PHAYOL81: 8:56am On Aug 06, 2024
Darkness hates light, of course.
PoliticsRe: Food Crisis: Register For N40,000 Rice - FG Tells Public Servants by PHAYOL81: 8:51am On Aug 06, 2024
This is a good move
PoliticsRe: Ogun Electric Bike Owners To Pay ₦‎2,500 For Charging Per Day by PHAYOL81: 4:29pm On Aug 05, 2024
Considering sustainance, it's fair for now if a fully charged battery can last throughout a day and if truly, there's an option of swap without extra cost to forestall time wastage at the charging station.
With time and more private investors participation in close future, things should vastly improve. Great they've taken the first step. It can only get better from here onward.
PoliticsRe: DJ Entertains #EndBadGovernance Protesters In Ojota, Lagos by PHAYOL81: 4:03pm On Aug 05, 2024
Trying to create a party setting to pull crowd and enliven the participants. No problem. Everything must be restricted to the confine of the law, though. Any attempt at disrupting public peace would be met with severe punishment

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