IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote (14653 Views)
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by elipheleh(m): 9:43am On Jul 18, 2024 |
Dangote cement does worst than this. Somebody went to dangote cement factory to buy 1 lorry load of cement. The company sent the person back to go and pay extra 250k into aa company agent account before they will sell to the person. Dangote cement said all d eals must go through one if ther numerous direct sales agents. This happens as far back as 7 -10 years ago. Imagine extra 250k as at that time |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Image123(m): 9:44am On Jul 18, 2024 |
ElSudani:i'm referring to Dangote as a business or business owner, you are referring to Dangote refinery. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by CapitalBank: 10:01am On Jul 18, 2024 |
Funkyswagzz:there is going to be convergence soon by the North and it will be the North vs Tinubu. Just pay attention to what is snowballing gradually. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by CapitalBank: 10:02am On Jul 18, 2024 |
elipheleh:Those agents have monopolized the business like a racket. It happens in almost every Nigerian sector. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Konquest: 10:03am On Jul 18, 2024 |
Islie: |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Funkyswagzz(m): 10:04am On Jul 18, 2024 |
CapitalBank:I doubt if tinubu has the ability to fight the north instead he will try to make peace |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by dododawa1: 10:05am On Jul 18, 2024 |
We are watching and observing DANGOTE Too |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by CapitalBank: 10:10am On Jul 18, 2024 |
Funkyswagzz:Tinubu is willing to spend money and blood to buy anybody that can be bought. Did you notice suicide bombing recently? That is just warning ⚠️ to him. He go too collect. My advise to Southerners in the North is to be watchful of the night movement cos I foresee a situation where suicide bombing will be back as time goes on. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by TheAlchemist: 10:19am On Jul 18, 2024 |
I guess the IOCS learnt from the Merchant of |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by TalkingBird: 10:20am On Jul 18, 2024 |
They want the common man to help them cry and after they will crush the common man with a high price like they are doing in Cement. Carry your problem, because you do not care about the common man. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 10:22am On Jul 18, 2024 |
DMerciful:The Agbadorians talking down on Air Peace Boss are cretins and never do wells who have not been to airport talk less of Boarding planes. They make noise loudest and don't know how economy operates. Illiterates. They should be ingnored! |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 10:32am On Jul 18, 2024 |
NOETHNICITY:You see how ignorant you are! Air Peace Boss is fighting for the common good of the people,air travellers,and you are spewing hate and absolute nonsense. Anyway, you should be ignored because you are not air traveller and you don't know the road to airport. He was talking for the good of air travellers and business Men who patronize Air flights. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 10:37am On Jul 18, 2024 |
Before you react Engage your brain Dangote says IOCs are selling oil $4 above the market price That means there are some mumus somewhere who choose to pay $4 above market price e.g. at 1 million barrels a day someone is spending extra $4 million a day which is nearly $1.5 billion a year Let us assume that is true 60% of that money will go the the federation account for the FG and states to share so why is it a problem? Besides if it is $4 above market price simply enter the market and buy at market price Angola is there Libya is there and so on Stop deceiving yourself and whipping up sentiments |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by jaxxy(m): 10:47am On Jul 18, 2024 |
Hmmm |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by engrchykae(m): 11:08am On Jul 18, 2024 |
AntiChristian:Allah is the problem of Nigeria |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by engrchykae(m): 11:12am On Jul 18, 2024 |
DOES IT MEAN THAT FEDERAL GOVERNMENT CANT GIVE DANGOTE CRUDE OIL. OR DONT WE HAVE CRUDE OIL AGAIN? WHY WILL DANGOTE LOOK FOR OUTSIDE WHAT IS IN NIGERIA? EVIL COUNTRY LOVED BY HYENAS |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 11:26am On Jul 18, 2024 |
engrchykae:Do you believe everything you hear? Dangote says IOCs are selling oil $4 above the market price That means there are some mumus somewhere who choose to pay $4 above market price e.g. at 1 million barrels a day someone is spending extra $4 million a day which is nearly $1.5 billion a year Let us assume that is true 60% of that money will go the the federation account for the FG and states to share so why is it a problem? |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by NOETHNICITY(m): 11:32am On Jul 18, 2024 |
Umuinyioku:When Igbos turned Air peace into an airline owned by a particular tribesman what effort did Allen Oyeama make to correct his people Igbos were the ones who started pointing out the tribes of airline owners They pointed out the tribes of Automakers All these and many more are the characters Of Igbos |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by engrchykae(m): 11:37am On Jul 18, 2024 |
Gajagojo:the gains are nothing compared to the gains will will come from when an indigenous refinery starts working. The fg government is supposed to make it easy for DANGOTE in particular and Nigeria in general |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 11:40am On Jul 18, 2024 |
engrchykae:An indigenous refinery working is totally parallel An indigenous refinery does not need local crude The largest refineries in the world are in Singapore Korea India which are not known as crude producers Spain has a refining capacity of 1.5 million barrels a day and is an exporter Those countries we are buying petrol from today do not have crude Any country can have working refineries So they are unrelated issues and I do not seethe logic in your statement Unfortunately in Nigeria we do not analyse facts we just talk emotionally and sentimentally |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by descarado: 4:34pm On Jul 18, 2024 |
Why is he complaining |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by engrchykae(m): 7:07pm On Jul 18, 2024 |
Gajagojo:assuming Spain has crude oil,are you saying that there won't be advantages meant for the refinery owned by Spanish business man ? |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 7:42pm On Jul 18, 2024 |
engrchykae:Not necessarily It is not a theoretical issue but a practical one These are businesses not governments often these companies are competitors across different countries All I am saying is talk with facts not theoretical assumptions 5hat have no factual basis When you say advantages Advantages to whom? You need to be specific What advantages and to whom exactly |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by engrchykae(m): 7:47pm On Jul 18, 2024 |
Gajagojo:there is a policy we had before SAP. That anything a Nigerian is producing,no importer is allowed to import it into Nigeria. Am not a fan of DANGOTE ,I hate his monopolistic approach to Nigeria market. But I know that he is supposed to get Nigerian crude cheap and easy. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 7:55pm On Jul 18, 2024 |
engrchykae:Why should he get Nigerian crude cheap? What is Nigerian crude? Many of you talk ignorantly about things you don't know Oil companies like Mobil and Chevron are herefor business not charity They have invested billions to find oil and OWN the oil 60/40 It is their oil too They want to get the maximum cost they can and pay the government share to the federation account So Dangote can buy from them if he likes Anything else is subsidy and those companies will NEVER absorb that So let us stop all this ignorant and sentimental talk There is nothing like Nigerian oil or Nigerian Yam Is Dangote cement Nigerian cement? Does government get it cheaper to build roads Any producer is a business and their sole responsibility is to pay tax not sell cheap |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 8:13pm On Jul 18, 2024 |
NOETHNICITY:See how you are lying and very bold. Igbos never profiled airlines or automakers. They only blush or visciplate on the achievement of their tribesmen. Does that make them tribalist? I think you lack ideas. Hence the baseless accusations. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by NOETHNICITY(m): 8:18pm On Jul 18, 2024 |
Umuinyioku:How many times do you see other tribes praising or glorifying the achievements of their tribesmen who are into private business? I have never seen a northerner praising Dangote for being the richest Blackman or Adenuga or otedola praised by Yorubas |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 8:34pm On Jul 18, 2024 |
NOETHNICITY:It's a matter of choice. We all don't behave same. So, Igbo have peculiar life style and behavioral pattern. Don't crucify them for their chosen lifestyle. They can't change because you can't learn to be a LEFTEE at Old age. We cherish our lifestyle and heritage. |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by NOETHNICITY(m): 9:56pm On Jul 18, 2024 |
Umuinyioku:When you are called out for your greedy chest beating lifestyle, don’t argue . Accept that you are arrogant, greedy and proud and empty in most cases |
| Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 10:44pm On Jul 18, 2024 |
NOETHNICITY:We are not. Very proud people and Republican in nature. You have to deal with it.! |
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