MindOnMatters00:


And every other week too. Keep playing

ogododo:


If we dey produce for Naija, he for pay us. Look at Japan.

AroOkigbo:


Do you really believe Dangote refinery, after importing crude at international market price, will save the naira?
Dude is in business to make money, not some father Christmas.

Ikaeniyan0:


E will never get back his #8 million as things dey go

jaxxy:



dangote who is looking for how to import crude oil for his refinery?

Kachidubem:

Be calm...

Those hoarding dollars go hear am hot hot ...

Naira will gain massively...just be watching this space

Kachidubem:

After he imports the oil... Who is he selling the oil to ?

Shey be na NIGERIA...abi is he selling to America.

We go pay am na...normal level

We are paying someone who will still pump 80% of that money to the Nigeria economy via his investments and business

Atk1nson:


Nigeria will devalue more as we go into Dec & Jan.

Nigeria will be delisted from many key indices in Jan 24, fundamentals of the economy remain the same.

A significant amount of crude is now used to settle oil-back loans, even Dangote refinery cannot get feedstock.

payaseriy:
in your village Abi ?

Ur papa dey hoard dollar ? Always pointing fingers wen it doesn't favor u and claiming genius when it favors u

jaxxy:


selling fuel to or kerosene to?

Ikaeniyan0:
The CBN needs to clear some of the backlog again this week

emmachukwu99:


Na every week dem godey clear backlog?

Ikaeniyan0:
I disagree with you, the naira will strengthen more against the dollar

Dangote will get 6 million barrels of crude from the NNPCL in December.

Atk1nson:


ok, wait and see

IVORY2009:
Propaganda govt

The have agents in all sectors of the economy, media houses, Here on nairaland, etc lies upon lies

magoo10:
tinubu and his fire brigade approach to the economy is making the naira look stupid.

After borrowing billions in the pretense of saving the naira they use the money in buying yatch and exotic vehicles while their dummy supporters come online to drink their pee.

Kachidubem:


...you wan give that 8 million naira guy heart attack.

Imagine the guy hearing $30 billion dollars incoming to clear backlog...I swear that nigha go slump for ground

Ikaeniyan0:
I disagree with you, the naira will strengthen more against the dollar

Dangote will get 6 million barrels of crude from the NNPCL in December.

Kachidubem:
The site of Dangote refinery is already sending down shivers to dollar hoarders

They will learn the hard way

This is the biggest refinery in Africa...it will enable us generates more FX ,coz other nations will also buy from Nigeria...and they will be needing the NAIRA to Dangote oil in Lagos Nigeria

Naira will gain massively

Patriotsleague:
Nigeria is the only country where its own citizens pray for it's currency to fall, and it's economy destroyed, what an evil people. No other country in the world do people speculate with dollars, hoarding it, praying our currency falls so their hoarded dollar rises. Very stupid dumb myopic people.

Kachidubem:

True ...but the main reason why naira is weak is because we source for over $15 billion dollars bringing refined oil from overseas....


Once Dangote kick start....he will save us the stress of sourcing $15 billion and in return 80% of the money we pay to Aliko , bad man will still pump it into the eco system

Inorder words , money isn't really leaving our shores.

nairalanda1:
Make more things at home, export more homemade products, see naira crash to N10 to one dollar.

Kachidubem:


Never ever ... see. How that nigga Don trap him money...

Let now imagine , dollar gets back to 1280 in 5 years time ... so this nigga will have to leave that money dere for 5 years to get back his 8 million...

that thing wey 8 million fit buy now ,in 5 years time , e fit come double or triple in price..lol

Wetin exactly him gain ?

Sha Sha ... Naira is on a project heading for 550/1$ by the time Dangote starts to save us $30 billion... I can't wait for 2024.

God bless Nigeria
God bless Dangote refinery

Dollar hoarders go collect wotowoto back to back

Patriotsleague:
Nigeria is the only country where its own citizens pray for it's currency to fall, and it's economy destroyed, what an evil people. No other country in the world do people speculate with dollars, hoarding it, praying our currency falls so their hoarded dollar rises. Very stupid dumb myopic people.

sonofthunder:




It's still not as simple as that from my point of view.


We need to up our production capacity so that local refiners don't deplete crude oil being exported. Even the Crude exports needs to go up.

We should be looking to produce as much as 3.5 million barrels/day for both export and local refineries.

Calitoscassius:
And next monfh and the next and the next, what about next year? And the year after? they are just clueless