₦airaland Forum

strangest:
But Reno O'Mockery said that Nigeria has sold all the crude oil till infinity and that it was Buhari that signed it. Where did this crude for Dangote came from? Or is it because he whine dem about MALTA HEIST DEAL

DevilsEqual:
Tinubu has a lot of work to do

How could NUPRC be pushing that hard and the IOC still dont wanna do the needful?

Is the IOC not answerable to any higher body?

cant NUPRC report the IOC to a higher body?

It seems there are too many loopholes in that ministry and FG might prolly have to overhaul the entire ministry to fight the corruption

6 of 15 isnt 60% by the way

DevilsEqual:
Tinubu has a lot of work to do

How could NUPRC be pushing that hard and the IOC still dont wanna do the needful?

Is the IOC not answerable to any higher body?

cant NUPRC report the IOC to a higher body?

It seems there are too many loopholes in that ministry and FG might prolly have to overhaul the entire ministry to fight the corruption

6 of 15 isnt 60% by the way

SocialJustice:
Dangote should have just gathered $5bn extra to buy OMLs. All his businesses produce from assets they own, they don't buy raw materials from anybody. There is even a fertiliser company that bought OML just to secure gas supply for their factory.

If this refinery was in Niger delta, Dangote will simply site the refinery on his OML. Even greenville lng has their own OML.

Ever before building this refinery, Dangote should have been buying OMLs.

SocialJustice:
Dangote should have just gathered $5bn extra to buy OMLs. All his businesses produce from assets they own, they don't buy raw materials from anybody. There is even a fertiliser company that bought OML just to secure gas supply for their factory.

If this refinery was in Niger delta, Dangote will simply site the refinery on his OML. Even greenville lng has their own OML.

Ever before building this refinery, Dangote should have been buying OMLs.

Timmi:
ObiZombie concoction of conspiracy theories but all are lies, innuendos and follies concocted by imbecilic mind from the people from the land of rising wailers

4words:
It's local content because the company is located In Nigeria and pay tax on some things to Nigeria, employ locals to work in the company who also in turn pay tax and it cascade down to their families. He will make the petroleum products available meaning scarcity will be reduced or eliminated. Now he will sell at internatuonal price because he buys the crude at international price, if you want him to sell cheap, sell crude to him cheap.
what we are saying is sell to him first.

tundesto:
Now if he brings out money to try to buy OML, they will never sell to him. It is like conspiracy. Somebody is not happy with him somewhere.

SocialJustice:
Dangote should have just gathered $5bn extra to buy OMLs. All his businesses produce from assets they own, they don't buy raw materials from anybody. There is even a fertiliser company that bought OML just to secure gas supply for their factory.

If this refinery was in Niger delta, Dangote will simply site the refinery on his OML. Even greenville lng has their own OML.

Ever before building this refinery, Dangote should have been buying OMLs.

SmallmebigGod:
There is plenty sense here. But you know MTN nigeria is not local right? There are many ways government can leverage on the Refinery being in Nigeria. Crude swap for refined products is one but other refinery must work let's not enter into a dangerous monopoly

WhiteIverson:
You still dey buy twitter?

Niok:
year and how many followers

Reloadedisraelp:
lol... It doesn't work like dat.... Except it's a local refinery... The refinery capacity is too big for this ....and the refinery need crude for Continuos run of production... Risk are also involved then maintenance...lol... Not an easy task

WhiteIverson:
9 years, 364 followers

Niok:
send me the profile link for whatsapp

4words:
Are you suggesting we should wait for all other refinery to work before we start producing or supporting local refinery that is ready to operate?

How long do we need to wait for other refinery to work? Don't forget we have being waiting forever for Nigerian refineries to work but to no end and you want us to keep waiting. Haba now, thats not fair on us.

I don't know why dangote is even bothered. If I was him, I will import my crude from other African countries and also sell to them and other African countries. At the end, its Nigerians that will come begging.

Mtn is local even though the investors are partly south Africans and others, but its still local. So long it pays taxes to your government and employ your people then its local... don't also forget, taxes are meant to be use to create viable environment and infrastructure for the said business that is paying it to strive, so yea MTN is local with diverse investors.

Niok:
send me the profile link for whatsapp

Salewa97:
I appreciate Dangote for always keeping us in the loop. Transparency is key in this game, and his proactive approach is refreshing. This clarification will help dispel any rumors and keep the focus on the refinery’s progress. We are rooting for you, Dangote! Let’s get this refinery running smoothly.

DevilsEqual:
Tinubu has a lot of work to do

How could NUPRC be pushing that hard and the IOC still dont wanna do the needful?

Is the IOC not answerable to any higher body?

cant NUPRC report the IOC to a higher body?

It seems there are too many loopholes in that ministry and FG might prolly have to overhaul the entire ministry to fight the corruption

6 of 15 isnt 60% by the way

DaddyCoool:
Which parts are lies abd how. Please educate us. I just re-posted

SmallmebigGod:
I am suggesting that we should allow market fair play. All refineries be it private or government own should get share of available crude based on capacity.

Glo is coexisting with MTN that is true privatization. The masses have benefited from the competition in that sector. Leading to price being more favorable . Monopoly is never a good option.

Salewa97:
I appreciate Dangote for always keeping us in the loop. Transparency is key in this game, and his proactive approach is refreshing. This clarification will help dispel any rumors and keep the focus on the refinery’s progress. We are rooting for you, Dangote! Let’s get this refinery running smoothly.

WhiteIverson:
Your contact??

Watcharena:
at least it will reduce pressure on exchange rate , again does it make sense for you to extract your own crude export it to Europe then you go to Europe and still buy it as crude in order to import it back

portacabin:
it will 100s of billions of dollars and several years to ramp up production from several OMLs to meet production of 650 ,000 bold. Do you know that SPDC ( not Snepco) is producing about 130,000 bold now. This was a company that produced more than 1 million bopd years ago. Even the total oil production from the fields sold by SPDC is not up to 150,000 nopd