omowolewa:
Na lie

What happened to selling it to Dangote Refinery that currently buys oil from USA. Bonny light is sweeter.

What happened to the forwards contracs, go and Dock the ships at their yard, let them pay demorage.





When it comes to National income, just see Nigeria as one entity using one single account. The activities of one entity affects us generally.

What difference will selling out of Nigeria and buying into Nigeria have, if not increased Transportation cost which may be citizen's gain.

You've just made every point I wanted to state

What the hell?
Nigeria is the only country that gives God headache.
They told us they've sold our oil in future contracts, that's why Dangote has to buy from US. Now they are struggling to sell 30 cargoes, like wtf?

Very rich country... Yes resources aren't maximized

UHLmoving:
Supply to Dangote for half the price, so diesel can drop to 350 per liter, and fuel 120 per liter

Greed won't allot dangote group sell half d price even if them share crude to them for free..

If Nigeria can Subsidized refined crude oil for many decades.. and we still suffer for it..

Why not subsidized crude for product to Dangote, so that this would relieve the Nigerian market value chain.

This is totally confusing and in conflict with what is it in public domain that Nigeria already sold their oil upfront for loan taken. Our journalists need to do better and I think they contribute more woes to Nigeria situations than the government. Is there any logic in what already been sold not to be marketable again, I may be wrong, somebody please enlighten me. Moreover, Dangote is there, that you earlier said is buying from abroad, this is totally illogical

Dangote travel?

Not a hopeless situation. Reroute to Dangote refinery. Finnish!

nlfpmod:


https://www.bloomberg.com/news/articles/2024-04-12/nigerian-unsold-oil-starts-to-build-up-as-buyers-take-their-time?cmpid%3D=socialflow-twitter-africa&utm_medium=social&utm_content=africa&utm_source=twitter&utm_campaign=socialflow-organic

Lanre1st:


There is more to it than your simple analysis.

All these Western countries are evil 😈 to Africa development and our leaders have little options to decide. To a normal human thinking, Dangote shouldn't being buying from US, but US will loss part of it revenue from Nigeria (including shipping business) that is why they demand Dangote must continue buying from US which is still as if we are importing petroleum from them.

You can see why I can't blame all those countries that stage coup and align towards Russia

Dangote refinery and aligning towards Russia in one sentence?
It is clear you don't know what you are talking about.

latonione:
This is totally confusing and in conflict with what is it in public domain that Nigeria already sold their oil upfront for loan taken. Our journalists need to do better and I think they contribute more woes to Nigeria situations than the government. Is there any logic in what already been sold not to be marketable again, I may be wrong, somebody please enlighten me. Moreover, Dangote is there, that you earlier said is buying from abroad, this is totally illogical

The idea of our oil being sold into the future is pure exaggeration.
Yes, some oil was used for loan but it is a very small part of our overall production.

You are right though, we have the most lazy and incompetent journalist in the world,
they never fact check their stories. As long as the headline is enticing, they are satisfied.

pansophist:


I like your humour. Salute

I thought you would thank me for educating you.

ivolt:

Dangote refinery and aligning towards Russia in one sentence?
It is clear you don't know what you are talking about.

Where did you see Dangote refinery and aligning toward Russia in the same sentence? Did you even know what they called sentence?

I mention aligning toward Russia, in another paragraph to refer to coup countries (like Niger, Mali and Bokina faso). It doesn’t has anything to do with Dangote refinery.

I’m suspecting you to be a school dropout, because you can’t read and digest a simple expression.

They should sell to dangote and stop disturbing our head with stupid news ..🤔

kenny714433:
If they start rejecting our oil, Nigeria will further nosedive to its lowest low.

Not now that Tinubu is trying to steer the country from Buhari's mess.

From his own mess actually

No refineries again?
Shameless slots.
People wey no Sabi business dey manage government business.

If that's d case why are we still buying petrol and diesel at d same price?

Yet DANGOTE refinery is being denied steady supply, a process （such steady supply）that's expected to help and improve our economy and GDP on the short and long run.

Competition from Russia too.

https://www.thecable.ng/report-nigeria-struggling-to-find-oil-buyers-over-demand-shortfall-in-europe/amp/

Asquare84:
Nigeria is a very funny country, earlier this year we herd that there is no enough crude oil supply to Dangote refinery and this is making Dangote to source for crude oil from US. today we are hearing story of Nigerian crude oil is struggling to find buyers in abroad

Honestly, this country is like a horror movie

bmaster2000:


Every bad news about the country is what gives you and your Tribal group joy....the evil mindset about you and your people does not get part 2 ...
Hear this: your mind can be filled with evil things towards your country and expect good in your life ..not possible....

You're busy attacking someone who is exposing the foolishness of your government. Wasn't it a few weeks ago that your government told us their predecessor has sold all our oil for the next 6 months? Why are they now saying they can't find buyers for the oil?

Sense, una no get