₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,327,196 members, 8,429,762 topics. Date: Friday, 19 June 2026 at 12:00 PM

Toggle theme

IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsIOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote (14416 Views)

1 2 3 4 Reply (Go Down)

Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by BALLOSKI: 1:11am On Jul 19, 2024
“These international trading arms are non-value adding middlemen who sit abroad and earn margin from crude being produced and consumed in Nigeria. They are not bound by Nigerian laws and do not pay tax in Nigeria on the unjustifiable margin they earn.
Just imagine the kind of nonsense we allow to go on in our country.

You don't try this in another country.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 3:57am On Jul 19, 2024
Umuinyioku:
We are not. Very proud peopl
Republican in nature. You have to deal with it.!
Please explain what do you mean by Republican in nature
This is another myth of self deception
The Igbos were a slave owning and slave dealing people help me understand how that chimes with being Republican
Ibo women were not allowed to inherit land and had no say in governance

The truth is what you choose to see about yourself is very different from how others see you
That is the fundamental thing about you an it bears repeating

HOW YOU CHOOSE TO SEE YOURSELF IS VERY DIFFERENT FROM HOW OTH3RS SEE YOU
you are a people that can be ruled by any body that has money
A person with money speaks before elders in your community that is how others see you
Any person without money has no say
There is nothing Republican about that
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by victorDanladi: 4:52am On Jul 19, 2024
NOETHNICITY:
Air peace was complaining about what exactly? Oya tell us
Everything to you is about tribe

Have you seen any northerner tribalize the challenges Dangote is going through?
This is how other tribes differ from you
You are right ooo

If Dangote is Igbo they will have started playing victim and exhibiting persecutor delusion.


Telling us how FG hate their progress.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Fujiyama: 6:44am On Jul 19, 2024
bet9ja:
Shouldn't there be a law in place for each regime not to sell oil in advance above there tenure in office.
^^^
Good question. Very good question!

This is one of those questions that more Nigerians should ask. Questions like "why are Nigerian federal lawmakers not being paid minimum wage and minimum wage only?"...or "why does Nigeria need a bicameral legislature?"...or "why do Nigerian federal lawmakers have to sit full time?", etc.

Instead of performing their constitutional responsibilities of checking Executive excess, our lawmakers are just one big, bulbous rubber stamp. undecided I usually don't criticize the physical appearance of others (after all, I'm no Greek god myself) but I couldn't help noticing how most of our recent senate presidents are corpulent men with puffy, swollen faces - first Ahmed Lawan and now Godswill Akpabio. undecided They are there to eat, full stop.

They do all this because We the People, let them. undecided
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Fujiyama: 6:59am On Jul 19, 2024
Ttalk:
we can't be molested by our criminal politicians and still be bleeped by foreign investors
^^^
grin

Troubling, disturbing analogy but your point is noted.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by engrchykae(m): 9:51am On Jul 19, 2024
Gajagojo:
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
I was thinking that we had the full right to our oil deposits.
It's like the iocs own everything
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 10:03am On Jul 19, 2024
engrchykae:
I was thinking that we had the full right to our oil deposits.
It's like the iocs own everything
Who is this we you people keep talking about

Help me understand
Is Dangiote WE ? Dangote's refinery is HIS refinery not our refinery

I get frustrated listening to rubbish like this
Is Dangote not mining limestone and making cement?

This we that you refer to Do WE have full rights to the cement Dangote produces?
Why is oil different
Even if we have full rights to oilWEare not Dangote
Dangote is not US

The oil belongs to the government and the IOCs
THEY SIGNED A DEAL PRODUCE THE oil ANDSELLTO THE HIGHEST BIDDER
PAY US 60% AND PAY TAX

So what is the problem?
I really do not get it is the government not getting paid for the oil.

Dangote can buy from them if he likes but he should stop looking for discount/ subsidy because the oil companies will not pay for that
They willdeduct any discount from what they pay which means that government is subsidizing Dangote refinery
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Max24: 10:37am On Jul 19, 2024
DMerciful:
I remember when Air Peace boss was lamenting, agbados said if he cannot compete, he should shut up.

Now let's see what they'll say to the lamenting Dangote grin
Everything is about tribalism and victim mentality to you. If not Obi then no one else. That's the motive of all your anti-Tinubu comments.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 11:00am On Jul 19, 2024
Gajagojo:
Please explain what do you mean by Republican in nature
This is another myth of self deception
The Igbos were a slave owning and slave dealing people help me understand how that chimes with being Republican
Ibo women were not allowed to inherit land and had no say in governance

The truth is what you choose to see about yourself is very different from how others see you
That is the fundamental thing about you an it bears repeating

HOW YOU CHOOSE TO SEE YOURSELF IS VERY DIFFERENT FROM HOW OTH3RS SEE YOU
you are a people that can be ruled by any body that has money
A person with money speaks before elders in your community that is how others see you
Any person without money has no say
There is nothing Republican about that
Lol

You are outside the ambit of Igbo cultural heritage. You need to investigate more based on your allegations for enlightenment.

Republicanism in Igbo Land connotes freedom and ability to do things without interference and apprehension within the purview of acceptable moral standard.

You won't understand because of primordial mindset and fable tales about Igbo ethnicity.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 11:17am On Jul 19, 2024
Umuinyioku:
Lol

You are outside the ambit of Igbo cultural heritage. You need to investigate more based on your allegations for enlightenment.

Republicanism in Igbo Land connotes freedom and ability to do things without interference and apprehension within the purview of acceptable moral standard.

You won't understand because of primordial mindset and fable tales about Igbo ethnicity.
Republicanism is not an Ibo word

You cannot make it mean whatever you want it to mean
Ibo society is traditionally misogynistic, and very much rooted in slavery.
If you don't know inquire
Slavery even for debtors who cannot pay debts and that includes brothers for whom siblings have paid bride price. With a brother acquiring the offspring of such marriages
You can tell yourselves whatever you like to feel goo but republicanism has a meaning that is very far from traditional Ibo society
Ibo society is traditionally diverse depending on whether you are in Nnewi, Owerri , Aba or Oguta

Nut in Anambra that we know
It is Oligarchic in nature where rich men dominate society with women having no say

No society that excludes women and denies them the right to inherit their father's property can claim to be republican
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 11:30am On Jul 19, 2024
Gajagojo:
Republicanism is not an Ibo word

You cannot make it mean whatever you want it to mean
Ibo society is traditionally misogynistic, and very much rooted in slavery.
If you don't know inquire
Slavery even for debtors who cannot pay debts and that includes brothers for whom siblings have paid bride price. With a brother acquiring the offspring of such marriages
You can tell yourselves whatever you like to feel goo but republicanism has a meaning that is very far from traditional Ibo society
Ibo society is traditionally diverse depending on whether you are in Nnewi, Owerri , Aba or Oguta

Nut in Anambra that we know
It is Oligarchic in nature where rich men dominate society with women having no say

No society that excludes women and denies them the right to inherit their father's property can claim to be republican
Who told you women are being denied their rights in Igbo Land?

Do you know better than many of us s honed and raised in East? Such negative contraception has been the misplaced narrative of Igbos by outsiders like you.

Go closer and find out the Truth than relying on revisionism.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Gajagojo: 12:24pm On Jul 19, 2024
Umuinyioku:
Who told you women are being denied their rights in Igbo Land?

Do you know better than many of us s honed and raised in East? Such negative contraception has been the misplaced narrative of Igbos by outsiders like you.

Go closer and find out the Truth than relying on revisionism.
The Supreme Court of Nigeria had to strike down the barbaric practice
https://www.vanguardngr.com/2020/08/supreme-courts-decision-on-female-inheritance-divides-igbo/
That is why I say you are deceiving yourselves
The way you choose to see yourselves is very different from reality
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by DMerciful(m): 1:13pm On Jul 19, 2024
Where did you see Tinubu in the post?

Or you don't even know Tinubu is fighting Dangote?
Max24:
Everything is about tribalism and victim mentality to you. If not Obi then no one else. That's the motive of all your anti-Tinubu comments.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Umuinyioku: 1:36pm On Jul 19, 2024
Gajagojo:
The Supreme Court of Nigeria had to strike down the barbaric practice
https://www.vanguardngr.com/2020/08/supreme-courts-decision-on-female-inheritance-divides-igbo/
That is why I say you are deceiving yourselves
The way you choose to see yourselves is very different from reality
Needless further argument because of your primordial mindset.

Thanks for making your opinion known.

Bye
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Max24: 2:40pm On Jul 19, 2024
DMerciful:
Where did you see Tinubu in the post?

Or you don't even know Tinubu is fighting Dangote?
I don't know ooo. Tell me something. So, Tinubu is fighting everybody now. Does that not mean that Tinubu will lose the next election and Obi will be installed in 2027 ? If so, may your delusions continue... may you labour in vain again in 2027....
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Sapasenator: 2:50pm On Jul 19, 2024
Enddy50ty:
Even Dangote does not have access to the crude oil that’s in abundance in his father’s land, they even had to make him go all the way to the international market to source for it.
There is zero crude on Dangote's father land.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by DMerciful(m): 2:50pm On Jul 19, 2024
Because you're focusing on Obi all the time, you've refused to read the handwritings on the wall regarding the Dangote refinery.

Yeye dey smell
Max24:
I don't know ooo. Tell me something. So, Tinubu is fighting everybody now. Does that not mean that Tinubu will lose the next election and Obi will be installed in 2027 ? If so, may your delusions continue... may you labour in vain again in 2027....
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Max24: 3:01pm On Jul 19, 2024
DMerciful:
Because you're focusing on Obi all the time, you've refused to read the handwritings on the wall regarding the Dangote refinery.

Yeye dey smell
All your past predictions about Tinubu failed. You Obidients told us Tinubu will not make it through APC primaries, then through the elections, then he won't be sworn in , then so many others including this one you are carrying about Dangote. Many of your seniors in the same trade have been run down by Tinubu. Where is Successmatters today? Again my advice to you as a brother is that you should not continue to labour in vain.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by DMerciful(m): 3:21pm On Jul 19, 2024
But Tinubu is impoverishing you
Max24:
All your past predictions about Tinubu failed. You Obidients told us Tinubu will not make it through APC primaries, then through the elections, then he won't be sworn in , then so many others including this one you are carrying about Dangote. Many of your seniors in the same trade have been run down by Tinubu. Where is Successmatters today? Again my advice to you as a brother is that you should not continue to labour in vain.
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by Max24: 3:25pm On Jul 19, 2024
DMerciful:
But Tinubu is impoverishing you
But seriously speaking where is Successmatters ?
Re: IOCs Selling Crude At $4 Per Barrel Above Market Price — Dangote by meobizy(m): 8:09am On Jul 29, 2024
Excuses will roll for the next ten years until he finally admits that the facility cannot meet demands.
1 2 3 4 Reply

We Have Not Fixed Petrol Price - DangoteNiger Delta Militants Make 5 Demands, Write IOCsOil Price Collapses To $11 Per Barrel Amid Covid-19 Pandemic234

Customs, FAAN Clash At Lagos Airport, Security Director Locked UpOba Oladele Olashore Of Iloko Ijesha Is DeadEnugu State Police Warns IPOB, BIM, Says It'll Resist Sit-at-home On Biafra Day