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Nairaland Forum / Nairaland / General / Politics / First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel (38549 Views)
Dangote Refinery’s Second Crude Oil Shipment Leaves US For Nigeria / NNPC Fails To Account For 107 Million Barrels Of Crude, - Auditor General / Oil Price Collapses To $11 Per Barrel Amid Covid-19 Pandemic (2) (3) (4)
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Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Evolutionism: 6:24pm On Dec 07, 2023 |
Jorussia: Keep praying lol. Keep deceiving yourselves and being highly delusional. Praying ko, Player nii You will all buy fuel at N1000. Save this Post. F******Ls, The most docile and unrealistic beings in the world. 4 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by kellybently(m): 6:24pm On Dec 07, 2023 |
Hez143: So you can't read to understand simple English language above. Crude arrived is different from production have commence. 1 Like |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Spandau: 6:25pm On Dec 07, 2023 |
patrickcollins: It's high time you folks learn the difference between "sale" and "sell". |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Fujiyama: 6:26pm On Dec 07, 2023 |
1 Like |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Godfullsam(m): 6:26pm On Dec 07, 2023 |
Ikaeniyan0: Majority of the people given license to build refineries where using the license to import fuel into the country. Thank God FG is already planning to withdraw their licenses. 7 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Funkyswagzz(m): 6:28pm On Dec 07, 2023 |
Ikaeniyan0: The way agbado miscreants defend dangote refinery like it's their fathers property. Soon dem go say na dem build the refinery. 😂😂😂 3 Likes
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Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by kindlyheart: 6:28pm On Dec 07, 2023 |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Kukutente23: 6:28pm On Dec 07, 2023 |
Ikaeniyan0:You're correct But it is also true that he got a lot of support that someone not of his status will find difficult to get |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Evolutionism: 6:29pm On Dec 07, 2023 |
dominique: Now see my personal person who is in touch with Reality. Intellectual Ladies like you are Rare Gem most especially in a country like Nigeria. Infact you have SENSE more than 90% of Nigerian men. I pray i get married to someone like you❤ 4 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Frezhkid10(m): 6:29pm On Dec 07, 2023 |
DEXTROVERT:Hahahaaa.. Haven’t you heard that payment for the crude will be in dollars.. |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by courage89(m): 6:31pm On Dec 07, 2023 |
Very nice |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by nairalanda1(m): 6:31pm On Dec 07, 2023 |
Jorussia: GEJ also gave licences to other private operators of refineries, dozens of them None of them built the refinery they were licensed to do, except a few of them (five to be exact). Dangote built a large refinery not because of government favour. He was able to build the refinery because he had the collateral to show the banks when he asked them for a loan...which the banks gave because they know that if he defaults...they take over his lucrative businesses via AMCON and pay themselves back. But the main reason why most of the refineries licenced are not working is subsidy. Subsidy means fuel is sold at a price below market price. With that type of risk, why would bank want to give loan to a potential refinery operator, when government would force him to sell at low price in the name of subsidy? See why GEJ wanted to remove subsidy in 2012? 4 Likes 1 Share |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by nairalanda1(m): 6:33pm On Dec 07, 2023 |
Ikaeniyan0: There are four to five other refineries, and BUA is building his own refinery self. 1 Like |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by legba1(m): 6:34pm On Dec 07, 2023 |
SeeWahala: Haba read now, atleast read.... 3 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by treatise: 6:35pm On Dec 07, 2023 |
DEXTROVERT:Are other Dangote products cheaper today? 1 Like |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by francotunsco: 6:35pm On Dec 07, 2023 |
Where is my stethoscope? I am around Awoyaya, let me see if i can see the vessel. |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by BeLookingIDIOT(m): 6:37pm On Dec 07, 2023 |
Ikaeniyan0:They'll later start crying monopoly later. 3 Likes 1 Share |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by legba1(m): 6:41pm On Dec 07, 2023 |
Jorussia: Haba, Bua also has a refinery that is almost ready in akwa ibom. If you have the money, you also can apply for a license.... Once You can fulfill the requirements . 7 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by YesDaddyTill203: 6:41pm On Dec 07, 2023 |
Bad news for the naysayers. They will soon come up with another wailing theory. 5 Likes 1 Share |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by londonzona: 6:42pm On Dec 07, 2023 |
seunmsg:I pity your like, a crude producing country is now Importing crude.And you see nothing in there |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Anunakeeh: 6:43pm On Dec 07, 2023 |
nearline: You go observe reach 2028 and nothing tangible will a common man benefit from the project except improved gnashing of teeths. 6 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by adecz: 6:43pm On Dec 07, 2023 |
🛢️🛢️🛢️🛢️🛢️⛽️⛽️⛽️🛢️🛢️🛢️🛢️ Commencement date of Dangote refinery has become like the coming of Jesus Christ✝️ the Messiah. Christians know Christ will return, but nobody can say when He will return. Now, everyone knows that Dangote refinery will one day begin operations, but even Dangote himself doesn't know when. Anything that Buhari put hand nor go ever succeed. He put hand for Nigeria and now na woto-woto we dey see, and the way things are, Tinubu may likely be worse. Buhari wasn't a criminal by nature, but more of an inept mumu religious bigot & ethnic jingoist. But Tinubu na confirmed ogbologbo criminal drug lord, money launderer and believes in stealing public money to buy everyone😐😐😐😐 |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Basic123: 6:44pm On Dec 07, 2023 |
fabolouz1: This mumu didn't even read the news lol 😂 1 Like |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Dbakre1: 6:44pm On Dec 07, 2023 |
gbaskiboy: Read well and try comprehend before commenting Oga, Agbami crude is produced by Chevron in Nigeria sir. The Suezmax tanker carrying the 950,000 barrel cargo was chartered by the state-owned Nigerian National Petroleum Company (NNPC) The report you didnt read well even informed that the Agbami, operated by Chevron, stands as one of Nigeria’s major deepwater developments, boasting a daily output of approximately 100,000 b/d in the central Niger Delta. 7 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by nairalanda1(m): 6:45pm On Dec 07, 2023 |
dominique: The problem is simple. Dangote has to 1.Pay his workers competitive wages. He is not competing with local refineries, he is competing with world refineries. And yes, Nigerian oil workers japa well well well 2.Pay for maintenance and replacement parts if need be. Remember , all those stuff comes from abroad. It is not made in Nigeria for the most part. 3.Pay heavy taxes...because I guess both Lagos and federal government would be extracting their bit now. All that costs money. And all that adds up. Unless you want the government to pay another subsidy, on top of the fact that our economy is broke thanks to years of low oil prices, and APC mismanagement and failure to diversify, fuel sold from Dangote refinery is not going to be lowly priced. Heck even the experts say we would pay N70 less than what we pay now. The fact is, fuel is not cheap, and it never has been cheap. We lied to ourselves it was for decades, and we lost 4 refineries, and ended up importing badly refined fuel to save costs. It's not popular view, and maybe some people should have gone into refining. But we don't have enough people doing refining, because years of subsidy means that anyone setting up a refinery is going to run it at a loss....and no bank would loan money to you for that. Dangote got away with it because of his lucrative other buisnesses...whcih can be used to pay back the loan, should the worst happen. Anyway, hopefully, this APC government would totally remove subsides, and maybe prices might come down a bit. Maybe.After competition. (But if we want cheap fuel, we have to totally diversify our economy, and with the way government is fixing prices in the power sector, I am already doubtful they will be serious on that) But if fuel costs above N900 in our neighbours Niger, and Ghana, who both have working (and in Niger;s case exporting) refineries, why should we be buying N200 fuel in Nigeria? Or we expect Dangote to be maintaing refinery at a loss, because we want to buy cheap fuel? Would we allow government to set prices below market price for our businesses? And let's be frank, our government was WRONG to spend money on cars and COP 28, but if it was used for subsidy instead, it won't last the month self. 6 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Khyrvxjzy: 6:45pm On Dec 07, 2023 |
Ikaeniyan0: SeeWahala joyandfaith Igbodicool racoon phorget bigpicture001t TINUBUISMAD Chiefpriestt Joy2dworldxyz MadamVanessa say something on this you don't like it? you hate it? 2 Likes |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by numericalguy(m): 6:45pm On Dec 07, 2023 |
Ikaeniyan0: I dey tell you... Every IPOB cannibal Ben claiming they know someone working in Dangote refinery who told them that the refinery will not work untill 2027 This news go pain hateful and bitter IPOB cannibals no be small 7 Likes 1 Share |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by numericalguy(m): 6:47pm On Dec 07, 2023 |
Jorussia: IPOB cannibals and envy... If the licence was given to an Igbo man, you would have been shouting Igbo amaka upandan 8 Likes 2 Shares |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Khyrvxjzy: 6:48pm On Dec 07, 2023 |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by Basic123: 6:48pm On Dec 07, 2023 |
Zeebuy: 1 Like
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Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by nairalanda1(m): 6:49pm On Dec 07, 2023 |
kindlyheart: The experts say it would crash fuel price...by N70. That's even the extreme optimists speaking. In reality, fuel prices would be higher. APC has so messed up they do not have the money to pay for subsiding fuel to below N300 per liter , even N40 per liter anymore. 1 Like |
Re: First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel by numericalguy(m): 6:49pm On Dec 07, 2023 |
Ikaeniyan0: Help me tell them ooo How can someone even blame Dangote for the inability of others cc: Jorussia 2 Likes |
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