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$19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil - Business (4) - Nairaland

Nairaland ForumNairaland GeneralBusiness$19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil (16493 Views)

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Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by LaIabobo: 6:12pm On Dec 21, 2023
ufotunang:
.... nigeria has abundant crude oil and crude oil reserves...God has blessed nigeria with abundant crude oil as our natural resources...... and they are not giving the crude oil free to Dangote refinery m . Dangote is paying for the crude oil supplied to his refinery
Nigeria cannnot meet its agreed supply to dangote because most of our oil has been agreed as loan payback. Our govt borrowed money to payback with oil
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by CandyOps(m): 6:16pm On Dec 21, 2023
drlateef:
Because we abandoned cocoa, rubber, groundnut and cotton plantation including palm oil production...,
Abandoned it for what?

No be oil we abandon am for? Abi did we abandon it for agbado? Then what are you saying?
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by LaIabobo: 6:19pm On Dec 21, 2023
lanrecisse30:
[Nigeria can produce 2m barrel of crude in day Oga go and verify.quote author=LaIabobo post=127556948]Unimpressive. I feel Nigeria wont be able to meet the crude oil demands of this refinery. This refinery has starting production capacity of 350,000 barrels per day.
It’ll use up all these crude in less than one week. Then wait again??
Most of the oil has been tied to loan and other oil swap deals. The is barely any free oil left with OPEC reducing our output quota. Why do you think there is dollar scarcity

Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Swaibokmikang(m): 6:21pm On Dec 21, 2023
Good development, only if it can favor the poor masses🙏🙏🙏
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by erico2k2(m): 6:24pm On Dec 21, 2023
bennybuhari:
I hope this refinery will lead to drop in fuel price
Nop it won't, if for anything it will increase! But God grant all of us on here long life to witness the increase or decrease.
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Barcalee: 6:26pm On Dec 21, 2023
AqualinaXYZ:
Without Niger delta this country would have been eating grass now



We’re truly treasure base of the nation



Na we dey feed una
Elenu
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by abba99: 6:31pm On Dec 21, 2023
LordGuru1:
Definitely!!! I voted for Obi but now I'm beginning to Thank God that Tinubu won the Presidency. Just as he said that his economic reform would cause short initial stress but would soon make Nigerians smile from 2024 onward, happening exactly. Indeed, God shall use him to make Nigeria great.

Is the refinery tinubu initiative?
Mention one thing tinubu solely do that will make economic reform next year





You mean those that hate the Truth which Judiciary is already telling the one they are pushing into polical abyss.
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Slurity(m): 6:45pm On Dec 21, 2023
AqualinaXYZ:
Without Niger delta this country would have been eating grass now



We’re truly treasure base of the nation



Na we dey feed una
No, you are very wrong, Without Niger delta, Nigeria could have been wiser and even richer. The research that led to the discovery of oil and gas was finance by huge money made from cotton, tobacco, timber, groundnuts and palm oil that came from other region and not even Niger delta. Above all, all state that is hosting the oil and gas are specially compensated with extra 13% derivatives which should have made those state far better than any other state that dont produce oil. You can see that that statement you made is an empty chest beating that is not making us thing well as Nigerians, Other resources that we have could have made everybody, or every state wake up and grow faster than the level we.
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Blackdisciple(m): 7:30pm On Dec 21, 2023
Another story
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by IgweBUIKE1(m): 7:32pm On Dec 21, 2023
I have a site close to dangote and I can tell you for free nothing is happening
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by patrickcollins: 7:52pm On Dec 21, 2023
dibunotion:
Some ppl will still complain
ok I heard the price of fuel will come down because of the Dsngote and PH refineries that are functional
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by drlateef: 8:34pm On Dec 21, 2023
CandyOps:
Abandoned it for what?

No be oil we abandon am for? Abi did we abandon it for agbado? Then what are you saying?
That’s why I said it is a curse, an evil thing to have discovered oil.
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by PHAYOL81: 9:15pm On Dec 21, 2023
Great
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by EmekaBlue(m): 9:52pm On Dec 21, 2023
This project has been on for years...let this government don't take the glory
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by XAUBulls: 10:33pm On Dec 21, 2023
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Afara1stSon: 1:32am On Dec 22, 2023
Some one should correct me if I’m wrong, is the refinery not supposed to just charge local oil producing companies for refining its oil, and not buying it outrightly??

Something doesn’t seem right to me here
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by todugo(m): 5:35am On Dec 22, 2023
UrgentNeeds:
Soon enough, the price of fuel may go down.
like price of Dangote cement is going down abi?
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by yankison(m): 12:28pm On Dec 22, 2023
OkayDaddy:
Just for a minute imagine if Dangote put this refinery in Onitsha or Aba. grin
Oloriburuku person don't start .. Everywhere for Nigeria has his own usefulness .. Do u know how many things people order from ABA at a cheaper rate instead of going to other countries from where I stay ?

Let me warn you tribal bigots here .. There is a system in place to track you down in person and mute you .. So if you don't like ursef continue ur senseless tribalism .

You will be muted in person soon
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by StarRida: 2:20pm On Dec 22, 2023
accordadoga25:
Hehehe

Haters of good news won't like this news.

This Nigeria is our country and it must be great.

Only a bastard does not want his fatherland to progress
see my brother nobody hate Nigeria but any Government without opposition will not be serious... perhaps it's a good news to every Nigerian.... peace
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Ikaeniyan0: 9:54pm On Dec 22, 2023
IgweBUIKE1:
I have a site close to dangote and I can tell you for free nothing is happening
You will always know an IPOBdient by their bitter comments grin
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by IgweBUIKE1(m): 7:27am On Dec 24, 2023
Ikaeniyan0:
You will always know an IPOBdient by their bitter comments grin
lol,,, you go soon collect ban,,,, seun no de play with tribal bigot like you again,,, why not debunk what I said instead of masturbating like a girl without a man
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Ikaeniyan0: 7:32am On Dec 24, 2023
IgweBUIKE1:
lol,,, you go soon collect ban,,,, seun no de play with tribal bigot like you again,,, why not debunk what I said instead of masturbating like a girl without a man
The joke is on you IPOBdient grin
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by IgweBUIKE1(m): 12:34pm On Dec 24, 2023
Ikaeniyan0:
The joke is on you IPOBdient grin
lol,,, is everyone that's is suffering from the bad economy, despite the bad economy I still had a great year,,, but you see your like are the one begging,,, bad economy knows no tribe, so if asking for good governance means amnt IPOBdient so be it
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Ikaeniyan0: 1:03pm On Dec 24, 2023
IgweBUIKE1:
lol,,, is everyone that's is suffering from the bad economy, despite the bad economy I still had a great year,,, but you see your like are the one begging,,, bad economy knows no tribe, so if asking for good governance means amnt IPOBdient so be it
You live close to the Dangote refinery and you know the refinery didn't receive 2 million barrels of crude oil grin
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by IgweBUIKE1(m): 8:37pm On Dec 24, 2023
Ikaeniyan0:
You live close to the Dangote refinery and you know the refinery didn't receive 2 million barrels of crude oil grin
I livd in amen estate at eleko, so I know what am saying man
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Ikaeniyan0: 9:01pm On Dec 24, 2023
IgweBUIKE1:
I livd in amen estate at eleko, so I know what am saying man
So the Dangote refinery didn't receive 1 million barrels of Agbami light crude from shell and 1 million barrels of Bonny light crude from NNPCL 🤡?
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by IgweBUIKE1(m): 10:50pm On Dec 24, 2023
Ikaeniyan0:
So the Dangote refinery didn't receive 1 million barrels of Agbami light crude from shell and 1 million barrels of Bonny light crude from NNPCL 🤡?
not at all
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Indifferent12: 10:49am On Dec 29, 2023
LordGuru1:
Definitely!!! I voted for Obi but now I'm beginning to Thank God that Tinubu won the Presidency. Just as he said that his economic reform would cause short initial stress but would soon make Nigerians smile from 2024 onward, happening exactly. Indeed, God shall use him to make Nigeria great.


You mean those that hate the Truth which Judiciary is already telling the one they are pushing into polical abyss.
This doesn’t make any sense, regardless of who won the election, Dangote refinery would have work. A 20 billion dollars refinery is too big to fail regardless of who won the elections.
You are sounding like if Peter Obi won the refinery wouldn’t have work.

Peter Obi will always make a better president than Tinubu anytime and day.
Re: $19 Billion Dangote Refinery Gets Another 1 Million Barrels Crude Oil by Indifferent12: 10:55am On Dec 29, 2023
bennybuhari:
I hope this refinery will lead to drop in fuel price
It will not, the aim of this refinery is not to reduce fuel price, fuel price is determined by the international crude oil price, dangote doesn’t have control over that.
Fuel price might even go up but the good thing is that we will no longer use dollars to import fuel, that will give our Naira some value, and when dangote start to export the naira will even gain more to the dollars.
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