We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL - Politics (2)

We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL (12661 Views)

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Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by tiswell(m): 4:37pm On Sep 05, 2024

Too much noise already about this refinery sad

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Brushstrokes20: 4:37pm On Sep 05, 2024

ENOUGH OF THESE STUPID STORIES!
Nigerians want RESULTS 👀💯💯

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by nedekid: 4:38pm On Sep 05, 2024

CyrusVI:

I like this transparency from Dangote and NNPC. Accountability will be sure easier that way, you can now track each crude barrel supplied and what barrel of each products were rolled out back to NNPC in sales

Kyari may not have where to hide anymore

CBN will be watching from a far. KMPG will do the last-quarter audit by December.

The future promises to to great

God bless PBAT

MANNABBQ, you forgot to add "darling" country.

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Babaken: 4:38pm On Sep 05, 2024

Waiting patiently for Dangote confirmation is true or false

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by AjegunleBoy(m): 4:39pm On Sep 05, 2024

CyrusVI:

I like this transparency from Dangote and NNPC. Accountability will be sure easier that way, you can now track each crude barrel supplied and what barrel of each products were rolled out back to NNPC in sales

Kyari may not have where to hide anymore

CBN will be watching from a far. KMPG will do the last-quarter audit by December.

The future promises to to great

God bless PBAT

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Nobody: 4:39pm On Sep 05, 2024

Let's wait for Dangote's reply

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by givedemwotowoto: 4:39pm On Sep 05, 2024

CyrusVI:
"

They are fixing it from the top, you will start seeing the effect soon

Dont panic...we are almost there

Almost there?

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by OJojossy10: 4:40pm On Sep 05, 2024

dre11:
https://dailytrust.com/we-have-supplied-30m-barrels-of-crude-to-dangote-refinery-nnpcl/#google_vignette

You know this hunger regime eh, some of us find it hard to reason numbers and calculations well o.
Some body please help me out... 30 million, and 6.3million, which one is higher na? They have supplied 30million already, yet hope to supply 6.3million by the end of September?

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by akmome: 4:40pm On Sep 05, 2024

They should tell Nigerians the price they supply Dangote of crude oil per litre.

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Hushpuppy20(m): 4:42pm On Sep 05, 2024

Cyrus the virus mumu man, you people should just keep quiet when the intelects are talking, you guys are dull, only what you know how to do is to antagonize and abuse.

Yugoslavia247:
Helinues has a new name.

CyrusVI.

Same operandi
Philosophical names.
Very dull

This guy is just online and lies

Claims to be phd holder.

Man PhD holders I know have things doing.

All you do is Nairaland.

Dangote is a business man just like MTN.
If you want price to fall. Create glo and airtel

Sell other refineries or make more refineries come onto the country

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Sonyboom765: 4:43pm On Sep 05, 2024

God will not bless BAT or his household until he does away with all the affliction he brought upon Nigerians especially those of us that supported his candidacy.

CyrusVI:

I like this transparency from Dangote and NNPC. Accountability will be sure easier that way, you can now track each crude barrel supplied and what barrel of each products were rolled out back to NNPC in sales

Kyari may not have where to hide anymore

CBN will be watching from a far. KMPG will do the last-quarter audit by December.

The future promises to to great

God bless PBAT

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by SmartPolician: 4:45pm On Sep 05, 2024

Mbanda:
What sort of nonsense story is this? Bring down the fuel price to 180 a litre and you people are there telling angry Nigerians, how many barrels of crude una supply to dangote.

Nonsense!

That thing you asked for is impossible. You'd better wake up to reality. The value of naira has depreciated. The best price Nigerians can get is #600 per litre.

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by 9iceprince(m): 4:46pm On Sep 05, 2024

OJojossy10:
You know this hunger regime eh, some of us find it hard to reason numbers and calculations well o.
Some body please help me out... 30 million, and 6.3million, which one is higher na? They have supplied 30million already, yet hope to supply 6.3million by the end of September?

PMS, DIESEL and co are products from Crude oil … So they can’t be supplied crude oil and roll out cruide oil again, so what’s the meaning of refinery if crude oil is not refined into products

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by CommentOfDMatch(f): 4:47pm On Sep 05, 2024

dre11:
https://dailytrust.com/we-have-supplied-30m-barrels-of-crude-to-dangote-refinery-nnpcl/#google_vignette

I would have said NNPC can lie.... Considering there is no direct crude oil Pipeline to Dangote refinery, when did 30 Tankers of 30millon berth at Dangote refinery but then I cannot confirm the above.

Was it not Last month that Dangote was lamenting of NNPC not giving him Crude Oil...

Anyways...

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Ijaya123: 4:48pm On Sep 05, 2024

Mbanda:
What sort of nonsense story is this? Bring down the fuel price to 180 a litre and you people are there telling angry Nigerians, how many barrels of crude una supply to dangote.

Nonsense!

Mention just one country in the world that sell petrol at the equivalent of N180 per litre.

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by jamafa: 4:56pm On Sep 05, 2024

Mbanda:
What sort of nonsense story is this? Bring down the fuel price to 180 a litre and you people are there telling angry Nigerians, how many barrels of crude una supply to dangote.

Nonsense!

Even if u are given opportunity to rule the country at present, you cant take fuel price to 180 per litre. You think governance is easy.

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by ecomalchemistt(m): 4:56pm On Sep 05, 2024*

Good job

Get good deals on Baseus Powerbanks , Remax Powerbanks, Zealot and JBL speakers.

We have wholesale and Retail deals available , Dropshippers looking for a side hustle can also come in.

Get my contact from signature

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Blazetrailer: 5:00pm On Sep 05, 2024

This was one o the reasons i laughed ouylt loud whn one idiot here kn nairaland named yinkkus was jubilating on the dangote refinery news.

Its a clash of interests...one of monopolies snd corrution ridden entities...if you can think deeper...as it is structured, it will never work. You cant subject a monopoly to state run structure and expect it to work...NEVER

osuofia2:
Today NNPC reply Dangote tomorrow Dangote reply NNPc

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Odua4life: 5:13pm On Sep 05, 2024

Very nice

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by lexy2014: 5:24pm On Sep 05, 2024

Standing5:
Good step but refining can yield different output depending how the refiner chooses to refine. That means petrol output can be avoided based on market realities and diesel output increased.

which "market realities" be that?

are you living under a rock or are you sleeping and slumbering?

is it "market realities" that fixed price of fuel at N897?

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by tj2018: 5:28pm On Sep 05, 2024

Audio Supply, until I hear from Dangote, I don't trust this people, they can say anything to douse the tension. Crooks too plenty for this govmenty

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Geometrix(m): 5:28pm On Sep 05, 2024

Please o! Someone should clear me on this! How much is Nigeria daily crude oil output? I thought they said it's in the region of 1.3 millions barrel per day. Does it mean that we are no longer using a part of the oil to pay for debts that NNPCL can supply up to 30million barrels to Dangote?

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by lexy2014: 5:34pm On Sep 05, 2024

SmartPolician:
That thing you asked for is impossible. You'd better wake up to reality. The value of naira has depreciated. The best price Nigerians can get is #600 per litre.

why are nigerians not getting the fuel for N600?

pls explain how the value of the naira affects price of fuel that is produced locally?

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by lexy2014: 5:34pm On Sep 05, 2024

Geometrix:
Please o! Someone should clear me on this! How much is Nigeria daily crude oil output? I thought they said it's in the region of 1.3 millions barrel per day. Does it mean that we are no longer using a part of the oil to pay for debts that NNPCL can supply up to 30million barrels to Dangote?

the more you look, the less you see

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by rayvelez(m): 5:45pm On Sep 05, 2024

Let’ sit down and wait for Dangote to debunk this news

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Kaiser20: 5:51pm On Sep 05, 2024

CyrusVI:
"

They are fixing it from the top, you will start seeing the effect soon

Don't panic...we are almost there

We are there today.
By tomorrow, the Naira will gain value #900 to $1
PMS #500 per Liter
Double+Double renewed Shege!

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by chaloskyx: 6:04pm On Sep 05, 2024

lies = APC

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by ufotunang: 6:06pm On Sep 05, 2024

CyrusVI:
"

They are fixing it from the top, you will start seeing the effect soon

Dont panic...we are almost there

.. from the top.? ..in heaven or where? 🙄

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by ufotunang: 6:08pm On Sep 05, 2024

Also supply other private modular refineries crude oil.. some private modular refineries says they are ready to produce petroleum products if NNPC can supply them crude oil... supply them so that they can be competition in the petroleum refinery sector which will reduce the price and bring it down

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by SmartPolician: 6:13pm On Sep 05, 2024

lexy2014:
why are nigerians not getting the fuel for N600?

pls explain how the value of the naira affects price of fuel that is produced locally?

Why are nigerians not getting the fuel for N600? That's because the landing cost (I assume you know what this means) of refined PMS at our port is #1200 per litre. If the NNPC decides to sell anything less than that, it means the government is still paying subsidy. Since Tinubu has refused to pay the subsidy, NNPC is selling at half the price, thereby owing companies that supply PMS to Nigeria billions of dollars.

How does the naira affect the price? Crude oil is an international commodity traded in USD. In other words, even if I want to sell to you in naira, I will have to sell in naira equivalent. When Tinubu came in, the USD was about 600 or so. Now, he floated the naira; it's now one USD to #1600. Can you now see how we cannot get cheap PMS again?

The only way we can buy PMS for 160 is if the FG decides to dash 😂😂 crude oil to Dangote, which is impossible because the IOCs have joint partnership with the NNPC and ought to get a share for every drop of crude oil they extract.

Some background information
Nigeria is a member of OPEC, an international organisation that fixes prices for crude oil and gives her member nations their supply quota. It means that the price and quantity Nigeria sells in the international market is determined by OPEC.

Now, the IOCs (Shell, ExxonMobil, Chevron, etc) help Nigeria to extract this crude oil. NNPC represents Nigeria in this context. Once crude oil is extracted, the NNPC will determine the quantity Nigeria will sell to the foreign market according to OPEC requirements.

Afterwards, the NNPC will also determine the quantity we will refine locally in our 4 refineries. Unfortunately, these refineries aren't working now.

Since Tinubu has ordered the NNPC to sell crude oil to Dangote in naira, the NNPC will only sell the crude oil to Dangote according to OPEC price (because Nigeria is under their treaty).

However, the FG can intervene and say we are giving a subsidy to Nigerians. This means that instead of the NNPC selling the crude oil at say $100 per barrel (I am assuming this is the current price of crude oil) to Dangote, they will sell it at $80 per barrel.

In other words, the FG is dashing us Nigerians $20 for every barrel refined. Because the FG has done this, Dangote will now sell his PMS at say #600 - 700 per litre because he knows that if he imports it, he will buy it at $100 per barrel or even more.

All this requires a lengthy explanation, but I believe you understand this.

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by chidiokay: 6:22pm On Sep 05, 2024

CyrusVI:

I like this transparency from Dangote and NNPC. Accountability will be sure easier that way, you can now track each crude barrel supplied and what barrel of each products were rolled out back to NNPC in sales

Kyari may not have where to hide anymore

CBN will be watching from a far. KMPG will do the last-quarter audit by December.

The future promises to to great

God bless PBAT

NNPC as no choice, Dangote is dragging them into a transparency they want, make e no be like say naa only dangote sabi talk

Besides transparency with "Input " info is as useless info to Nigerians, with NNPc imposing itself as sole distributor will Nigeria ever have a true estimate of " output" distributed and total consumption

Output is the info Nigerians need to know for transparency and accountability ... Can NNPc do mistake nd say the truth

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by rajiedreez: 6:28pm On Sep 05, 2024

That's $2.1b

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