₦airaland Forum

The Nigerian National Petroleum Corporation, NNPC, Limited has asked for office space for about 10 of its staff at Dangote Refinery as part of their crude supply deal...




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For a close watch or what?

Toh

COMRADES, NNPC owns 6% stake in the Dangote's refinery, could this be the reason why they wanted the permanent space there?

The corruption in NNPC alone is bigger than the whole of Ghana's annual budget

Sonnobax15:

The corruption in NNPC alone is bigger than the Ghana's annual budget

You're very much on point.

Hmm, that's what Oga at the top must have told NNPC to ask for.

Good

This is a welcome development.

Ok

Office space ke?

Is NNPC a regulator or competitor? I don't even understand anymore. NNPC is seen as a competitor to Dangote and they will not disclose secret trade to them. NNPC has 4 refineries that it can put its staff at, it's the 1 working refinery they are looking for space.

dwin revealed: “NNPC has informed us that they intend to station a team of 6 to 10 people permanently at our refinery.

“They’ve asked us to provide office space for them since they will be supplying the crude, overseeing the production, and buying back the products in Naira.”

Dangote shouldn't give them any single office

Of course that's the standard practice anywhere there's fractional distillation going on. Also, custom officers will also demand for a space.

I wonder what the president is waiting for to fire most of these Directors in NNPC

Smart move by NNPC.

immortalcrown:
For a close watch or what?

For custody transfer calculations and reconciliations.

immortalcrown:
For a close watch or what?

Yes, for monitoring

kolamilan:
Of course that's the standard practice anywhere there's fractional distillation going on. Also, custom officers will also demand for a space.

Dangote thinks he is talking to his Almajari brothers who do not know their left from right

They want to protect their investments 😜🤣🤣

immortalcrown:
For a close watch or what?

NNPC is part owner of the Dangote refinery

immortalcrown:
For a close watch or what?

where your stamp from NNPC office...you no get stamp aboki remove your truck.

Solooo makinde,ooo!!!!

FreeStuffsNG:
NNPC is part owner of the Dangote refinery

Part owner does not mean they can mandate workers from Conoil to work there. They are part owners through shares and whoever works there should be a staff of Dangote. By the way, NNPC is a part owner of NLNG. Shell owns part of it,are they setting up offices there too

papyjaypaul:
Part owner does not mean they can mandate workers from Conoil to work there. They are part owners through shares and whoever works there should be a staff of Dangote. By the way, NNPC is a part owner of NLNG. Shell owns part of it,are they setting up offices there too

Smh. NNPC is the largest shareholder of NLNG. It's even preposterous to ask if they have representatives there.

There's nothing unusual when NNPC have its officials there and I doubt if even Alhaji Dangote will challenge such. NNPC supplies the crude oil in Naira and needs to keep an eye on it before Dangote starts exporting the products.

Most of you don't know about this oil and gas industry, the stakes are high and nobody wants to get burnt.

Significant shareholding starts from 5% yet NNPC owns way more than 5% of the refinery, it has a say! It's in the interest of NNPC and Nigeria for NNPC to have its own people there.

What is kyari still doing in nnpc as md? Can someone explain this albatross

NNPC, a very corrupt parastatal

I suspect Tinubu and NNPC

etrouble:
Dangote thinks he is talking to his Almajari brothers who do not know their left from right

The guy dished lies to you and you dey lick the plate. Na wa o

NNPC is looking for a means to cripple dangote refinery the same way they crippled other Nigerian refineries so that they can continue their corruptions

It’s not irregular for a regulator to be permanently on site at sensitive productive industries