Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,015 members, 7,817,993 topics. Date: Sunday, 05 May 2024 at 02:33 AM

FG Signs Fuel Transportation, Storage Deal With Niger Republic - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Signs Fuel Transportation, Storage Deal With Niger Republic (19602 Views)

Tinubu Opens Land, Air Borders With Niger Rep, Lifts Other Sanctions / Buhari Sympathizes With Niger Republic Over Terrorist Attack That Killed 70 / FG Signs $3.9bn Deal With Chinese Firm For Abuja-itakpe Railway Construction (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by lymelyte(m): 7:34am On Nov 20, 2020
Conze:
THEY FINALLY SPONSORED AND BUILT A REFINERY NEARBY AND THEN SEND FINISHED PRODUCT BACK TO NIGERIA.. IT IS WELL
that's exactly what they have done..fact#
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 7:34am On Nov 20, 2020
One4me:





Is this Niger Republic is becoming the 37th State of Nigeria or am l missing something? shocked

Well, I agree that our government needs changing.

But you cannot buy fuel at N99 naira, sell it at N65 naira and expect aa profit (as at 2011)....or even now, import fuel at N200, sell it at N170 and expect a profit

We have been selling fuel below the price of its production here in Nigeria. That's why we can't have refinereis because they would end up all losing money. That's why no investor wll come and buy our refinereis because subsidy means they would refine at a loss.. (And the new private ones coming up, with the exception of Dangote are focusing on diesel, kerosene and gas which have no subsidy)
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by nobilie: 7:35am On Nov 20, 2020
I'll bet that the refinery was built by a Nigerian.
If our refineries are not working, can not work, why is federal govt still allocating billions for its maintenance?
Buhari's heart is in Niger republic reason he is building rail to join Niger, signing oil deals with Niger. Selling power to Niger when we don't have enough. Now I remember that a top northerner claimed that federal positions occupied by the people from that country in this dispensation is large. Buhari's poster was even used in the last election there to gain support.
Let's be watching.

1 Like

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 7:38am On Nov 20, 2020
Conze:
THEY FINALLY SPONSORED AND BUILT A REFINERY NEARBY AND THEN SEND FINISHED PRODUCT BACK TO NIGERIA.. IT IS WELL
lymelyte:
that's exactly what they have done..fact#

In Niger, fuel costs N350 and above per liter.

As a result, Niger has enough cash to build and fund a refinery because their domestic oil industry is making enough profit to do so.

In Nigeria, until recently, fuel has been sold below the production price because chaps like you think we have the money to subsidse fuel

As a result, there isn't enough profit to build, maintain, and run refinereis. By 2011, 80% of our petrol was imported from abroad.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by MondayOsunbor(m): 7:40am On Nov 20, 2020
mosdii:
We are not even ashamed of ourselves as a major oil producing nation.

Small Niger has a working refinery that refines 20,000 barrels more than the three dormant refineries we have in this country.

Niger will now be supplying us pms...what a shame and disgrace to the almighty giant of Africa.

For Nigeria to agree to a deal like this, there is something fishy or something behind.
Is either the owner of the refinery is a Nigerian (probably a top government official or politician) or it is a tit for tat deal.

For over 60 years of oil exploration in the country, we have not been able to export refined product for once. With this deal now, direct and indirect jobs will be created in Niger, IGR will rise in Niger and also the country's GDP will increase significantly.
Niger is leveraging on the inadequacies of our failed policies.

SO YOU CAN NOT READ BETWEEN THE LINES

OWNERS ARE BUHARI FAMILY FOR SURE

QUESTION IS WHERE ARE THEY GETTING THE CRUDE FROM?
AND WHY IS FUEL PRICE PUSHED UP IN NIGERIA TO MEET SOME TARGET BEFORE SIGNING THIS DOCUMENT!
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by VULCAN(m): 7:41am On Nov 20, 2020
Powerful excerpt but you did not do well by not providing attribution.

Or are you claiming that you wrote this piece?

Kneebow:
His sin was unbelief. He doubted the promise of God. In this particular case unbelief took the form of a doubt of the divine veracity, or a mistrust of God's power. Either he doubted whether God really meant what he said, or whether it was within the range of possibility that God should fulfill his promise. Unbelief hath more phases than the moon, and more colors than the chameleon. Common people say of the devil, that he is seen sometimes in one shape, and sometimes in another. I am sure this is true of Satan's first-born child—unbelief, for its forms are legion. At one time I see unbelief dressed out as an angel of light. It calls itself humility, and it saith,


"I would not be presumptuous; I dare not think that God would pardon me; I am too great a sinner." We call that humility, and thank God that our friend is in so good a condition. I do not thank God for any such delusion. It is the devil dressed as an angel of light; it is unbelief after all. At other times we detect unbelief in the shape of a doubt of God's immutability: "The Lord has loved me, but perhaps he will cast me off to-morrow.


He helped me yesterday, and under the shadows of his wings I trust; but perhaps I shall receive no help in the next affliction. He may have cast me off; he may be unmindful of his covenant, and forget to be gracious." Sometimes this infidelity is embodied in a doubt of God's power. We see every day new straits, we are involved in a net of difficulties, and we think "surely the Lord cannot deliver us." We strive to get rid of our burden, and finding that we cannot do it, we think God's arm is as short as ours, and his power as little as human might.


A fearful form of unbelief is that doubt which keeps men from coming to Christ; which leads the sinner to distrust the ability of Christ to save him, to doubt the willingness of Jesus to accept so great a transgressor.

But the most hideous of all is the traitor, in its true colors, blaspheming God, and madly denying his existence. Infidelity, deism, and atheism, are the ripe fruits of this pernicious tree; they are the most terrific eruptions of the volcano of unbelief.

Unbelief hath become of full stature, when quitting the mask and laying aside disguise, it profanely stalks the earth, uttering the rebellious cry, "No God," striving in vain to shake the throne of the divinity, by lifting up its arm against Jehovah, and in its arrogance would

"Snatch from his hand the balance and the rod,
Re-judge his justice—be the god of God."

Then truly unbelief has come to its full perfection, and then you see what it really is, for the least unbelief is of the same nature as the greatest.

I am astonished, and I am sure you will be, when I tell you that there are some strange people in the world who do not believe that unbelief is a sin. Strange people I must call them, because they are sound in their faith in every other respect; only, to make the articles of their creed consistent, as they imagine, they deny that unbelief is sinful.

I remember a young man going into a circle of friends and ministers, who were disputing whether it was a sin in men that they did not believe the gospel. Whilst they were discussing it, he said, "Gentlemen am I in the presence of Christians? Are you believers in the Bible, or are you not?" They said, "We are Christians of course." "Then," said he, "does not the Scripture say, 'of sin, because they believed not on me?' And is it not the damning sin of sinners, that they do not believe on Christ?" I could not have thought that persons should be so fool-hardy as to venture to assert that, "it is no sin for a sinner not to believe on Christ."


I thought that, however far they might wish to push their sentiments, they would not tell a lie to uphold the truth, and, in my opinion this is what such men are really doing. Truth is a strong tower and never requires to be buttressed with error. God's Word will stand against all man's devices. I would never invent a sophism to prove that it is no sin on the part of the ungodly not to believe, for I am sure it is, when I am taught in the Scriptures that, "This is the condemnation, that light is come into the world, and men love darkness rather than light," and when I read,

"He that believeth not is condemned already, because he believeth not on the Son of God," I affirm, and the Word declares it, unbelief is a sin. Surely with rational and unprejudiced persons, it cannot require any reasoning to prove it. Is it not a sin for a creature to doubt the word of its Maker? Is it not a crime and an insult to the Divinity, for me, an atom, a particle of dust, to dare to deny his words? Is it not the very summit of arrogance and extremity of pride for a son of Adam to say, even in his heart, "God I doubt thy grace; God I doubt thy love; God I doubt thy power?"

Oh! sirs believe me, could ye roll all sins into one mass,—could you take murder, and blasphemy, and lust, adultery, and fornication, and everything that is vile and unite them all into one vast globe of black corruption, they would not equal even then the sin of unbelief. This is the monarch sin, the quintessence of guilt; the mixture of the venom of all crimes; the dregs of the wine of Gomorrah; it is the A1 sin, the master-piece of Satan, the chief work of the devil.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by lymelyte(m): 7:42am On Nov 20, 2020
afrika:
I am trying to understand Buhari's agenda.

The thing the north wants but does not want to propagate.

This Niger thing all the time.

Rail way to Niger.
Road to niger
Refinery to niger

Tell us the north is preparing to break up while using Nigeria money to prepare themselves.

Well done buhari
on or before 2023, they would have perfected or done 70 or 80% of the job.. That's why a northern is heading every top leadership position in Nigeria..
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by MondayOsunbor(m): 7:42am On Nov 20, 2020
PhiliptheArab:



In Niger, fuel costs N350 and above per liter.

As a result, Niger has enough cash to build and fund a refinery because their domestic oil industry is making enough profit to do so.

In Nigeria, until recently, fuel has been sold below the production price because chaps like you think we have the money to subsidse fuel

As a result, there isn't enough profit to build, maintain, and run refinereis. By 2011, 80% of our petrol was imported from abroad.

IMAGINE !
HOW MUCH DOES IT COST NIGERIA TO GET A BARREL OF CRUDE AND HOW MUCH DOES IT COST NIGER!
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 7:43am On Nov 20, 2020
nobilie:
I'll bet that the refinery was built by a Nigerian.
If our refineries are not working, can not work, why is federal govt still allocating billions for its maintenance?
Buhari's heart is in Niger republic reason he is building rail to join Niger, signing oil deals with Niger. Selling power to Niger when we don't have enough. Now I remember that a top northerner claimed that federal positions occupied by the people from that country in this dispensation is large. Buhari's poster was even used in the last election there to gain support.
Let's be watching.

Niger's refinery was a JV between CNPC a chinese company and the Niger government.(information here )

Zinder refinery
The JV refinery between CNPC and Niger Government is located at the southern city of Zinder, with a designed crude processing capacity of 1Mt/a. In October 2008, foundations were laid for the Zinder refinery. On November 28, 2011, Zinder Refinery became operational, marking the completion of the Phase-I Agadem upstream and downstream integrated project.

2012 witnessed the first full year of the operation of our upstream-downstream integrated projects in Niger, which achieved excellent performance in oilfield production, pipeline operation, and crude refining. Zinder Refinery smoothly fulfilled its operating objectives, and produced diesel, gasoline, and LPG products meeting local market demand. In 2014, Zinder Refinery was overhauled and fulfilled the annual production target. In 2015, the refinery achieved safe, steady and efficient operation.

In 2016, Zinder Refinery made significant progress in negotiations with Sonidep on sales and pricing of oil products and signed a new sales agreement.

Niger does not subsidise fuel like we do, so they earn enough profit to keep the refienry running. That's why the chinese company felt comfortable building a refinery there...since petrol is sold at N350 in Niger....enough profit for everyone.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by mosdii(m): 7:45am On Nov 20, 2020
MondayOsunbor:


SO YOU CAN NOT READ BETWEEN THE LINES

OWNERS ARE BUHARI FAMILY FOR SURE

QUESTION IS WHERE ARE THEY GETTING THE CRUDE FROM?
AND WHY IS FUEL PRICE PUSHED UP IN NIGERIA TO MEET SOME TARGET BEFORE SIGNING THIS DOCUMENT!




Good observation, the NNPC is very guilty here.

Questions begging for answers.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 7:45am On Nov 20, 2020
MondayOsunbor:


IMAGINE !
HOW MUCH DOES IT COST NIGERIA TO GET A BARREL OF CRUDE AND HOW MUCH DOES IT COST NIGER!

Probably higher in Nigeria...difficult terrain, etc.....especially as most of our crude is in the dense mangrove and offshore.

Niger's reserves are in the desert
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by adecz: 7:45am On Nov 20, 2020
.You see Buhari govt with their
Hausa Fulani poverty senses?

Instead of us repairing our own refineries,
we are going about looking for more
foreign sources of finished goods &
they are busy clapping for themselves.

Do you now understand why this country
is so broke & Buhari moves around the
world, cap in hand, begging for money
to keep Nigeria afloat.


➿❌❌❌❌❌❌❌
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 7:49am On Nov 20, 2020
MondayOsunbor:


SO YOU CAN NOT READ BETWEEN THE LINES

OWNERS ARE BUHARI FAMILY FOR SURE

QUESTION IS WHERE ARE THEY GETTING THE CRUDE FROM?
AND WHY IS FUEL PRICE PUSHED UP IN NIGERIA TO MEET SOME TARGET BEFORE SIGNING THIS DOCUMENT!


The refienry in Niger is owned by the Niger Government and the Chinese company CNPC.

No Nigerian ownership whatsoever. Unless Buhari rules Niger too and no one told me.

Also, Niger has crude oil. Since 2003 self. As at 2013...they were estimated to have 1 billion barrels of crude in the ground.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 7:52am On Nov 20, 2020
adecz:



.You see Buhari govt with their
Hausa Fulani poverty senses?

Instead of us repairing our own refineries,
we are going about looking for more
foreign sources of finished goods &
they are busy clapping for themselves.

Do you now understand why this country
is so broke & Buhari moves around the
world, cap in hand, begging for money
to keep Nigeria afloat.


➿❌❌❌❌❌❌❌

We can't 'repair our refinereis' because fuel subsidy means that the refienreis would be producing fuel at a loss....making even repairs look like money being wasted.

For over 40 years we have been selling fuel at a loss. So long as we made enough income from oil, we got away with it...until the 1990's when problems started.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by lymelyte(m): 7:54am On Nov 20, 2020
[quote author=gbolaekemode post=96237228][/quote]

It is just so obvious.. The truth is that, if you must steal, you steal outside and hide it in your house to be comfortable and not the other way around. Nigeria is not the home of the north. They know thier history very well more than the Koran itself. They have been looting and stealing outside(Nigeria) and hiding it in thier home(niger,Chad,Sudan).
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by babamoha(m): 7:57am On Nov 20, 2020
This is what you will see when you have leaders that are without leadership ability and positive orientation about governance
Nigeria is just like a bounty unto our leaders

1 Like

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by lymelyte(m): 7:58am On Nov 20, 2020
PhiliptheArab:


The refienry in Niger is owned by the Niger Government and the Chinese company CNPC.

No Nigerian ownership whatsoever. Unless Buhari rules Niger too and no one told me.

Also, Niger has crude oil. Since 2003 self. As at 2013...they were estimated to have 1 billion barrels of crude in the ground.
your lies won't work. Stop trying to convince people with your fake agenda idiot.

1 Like

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:05am On Nov 20, 2020
lymelyte:
your lies won't work. Stop trying to convince people with your fake agenda idiot.

Thank you and good morning.

I'm grateful you took the time to respond to my post without any actual proof that I lied.

1 Like

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:06am On Nov 20, 2020
Enudapan:
Nah eh! No qualms
This is so unsophisticated

I thought we should be they ones
Exporting fuel to this mudafucking African countries
With less refinery
Buh what do i know
Maybe FG knows the Best

It's sad. And if you check properly you find out that some northern politicians own majority shares in that Nigerien refinery...some of them are secretly from Niger, pretending to be Nigerians since they are Fulani
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Raydos: 8:08am On Nov 20, 2020
In no time Buhari will merge Niger with Nigeria and that will give Niger citizen the avenue to troop into Nigeria in Millions and finally dominate the SS, SE, SW and finally, Nigeria will be islamized

And Emir will be installed in SE, SS, SW, And The main indigene Of these regions will be reduced to nothing!!



Igbo and Yoruba act like they are smart but these two tribes are the dumbest set of Human beings, Keep on fighting eachother instead of facing this Fulani agenda

3 Likes 1 Share

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:09am On Nov 20, 2020
Kneebow:
His sin was unbelief. He doubted the promise of God. In this particular case unbelief took the form of a doubt of the divine veracity, or a mistrust of God's power. Either he doubted whether God really meant what he said, or whether it was within the range of possibility that God should fulfill his promise. Unbelief hath more phases than the moon, and more colors than the chameleon. Common people say of the devil, that he is seen sometimes in one shape, and sometimes in another. I am sure this is true of Satan's first-born child—unbelief, for its forms are legion. At one time I see unbelief dressed out as an angel of light. It calls itself humility, and it saith,


"I would not be presumptuous; I dare not think that God would pardon me; I am too great a sinner." We call that humility, and thank God that our friend is in so good a condition. I do not thank God for any such delusion. It is the devil dressed as an angel of light; it is unbelief after all. At other times we detect unbelief in the shape of a doubt of God's immutability: "The Lord has loved me, but perhaps he will cast me off to-morrow.


He helped me yesterday, and under the shadows of his wings I trust; but perhaps I shall receive no help in the next affliction. He may have cast me off; he may be unmindful of his covenant, and forget to be gracious." Sometimes this infidelity is embodied in a doubt of God's power. We see every day new straits, we are involved in a net of difficulties, and we think "surely the Lord cannot deliver us." We strive to get rid of our burden, and finding that we cannot do it, we think God's arm is as short as ours, and his power as little as human might.


A fearful form of unbelief is that doubt which keeps men from coming to Christ; which leads the sinner to distrust the ability of Christ to save him, to doubt the willingness of Jesus to accept so great a transgressor.

But the most hideous of all is the traitor, in its true colors, blaspheming God, and madly denying his existence. Infidelity, deism, and atheism, are the ripe fruits of this pernicious tree; they are the most terrific eruptions of the volcano of unbelief.

Unbelief hath become of full stature, when quitting the mask and laying aside disguise, it profanely stalks the earth, uttering the rebellious cry, "No God," striving in vain to shake the throne of the divinity, by lifting up its arm against Jehovah, and in its arrogance would

"Snatch from his hand the balance and the rod,
Re-judge his justice—be the god of God."

Then truly unbelief has come to its full perfection, and then you see what it really is, for the least unbelief is of the same nature as the greatest.

I am astonished, and I am sure you will be, when I tell you that there are some strange people in the world who do not believe that unbelief is a sin. Strange people I must call them, because they are sound in their faith in every other respect; only, to make the articles of their creed consistent, as they imagine, they deny that unbelief is sinful.

I remember a young man going into a circle of friends and ministers, who were disputing whether it was a sin in men that they did not believe the gospel. Whilst they were discussing it, he said, "Gentlemen am I in the presence of Christians? Are you believers in the Bible, or are you not?" They said, "We are Christians of course." "Then," said he, "does not the Scripture say, 'of sin, because they believed not on me?' And is it not the damning sin of sinners, that they do not believe on Christ?" I could not have thought that persons should be so fool-hardy as to venture to assert that, "it is no sin for a sinner not to believe on Christ."


I thought that, however far they might wish to push their sentiments, they would not tell a lie to uphold the truth, and, in my opinion this is what such men are really doing. Truth is a strong tower and never requires to be buttressed with error. God's Word will stand against all man's devices. I would never invent a sophism to prove that it is no sin on the part of the ungodly not to believe, for I am sure it is, when I am taught in the Scriptures that, "This is the condemnation, that light is come into the world, and men love darkness rather than light," and when I read,

"He that believeth not is condemned already, because he believeth not on the Son of God," I affirm, and the Word declares it, unbelief is a sin. Surely with rational and unprejudiced persons, it cannot require any reasoning to prove it. Is it not a sin for a creature to doubt the word of its Maker? Is it not a crime and an insult to the Divinity, for me, an atom, a particle of dust, to dare to deny his words? Is it not the very summit of arrogance and extremity of pride for a son of Adam to say, even in his heart, "God I doubt thy grace; God I doubt thy love; God I doubt thy power?"

Oh! sirs believe me, could ye roll all sins into one mass,—could you take murder, and blasphemy, and lust, adultery, and fornication, and everything that is vile and unite them all into one vast globe of black corruption, they would not equal even then the sin of unbelief. This is the monarch sin, the quintessence of guilt; the mixture of the venom of all crimes; the dregs of the wine of Gomorrah; it is the A1 sin, the master-piece of Satan, the chief work of the devil.

What is this crap, where is the spambot when you need it

From nonsense dogma like this you zombies graduate to cutting off other people's heads

2 Likes

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:11am On Nov 20, 2020
PastorGbewiri:


It's sad. And if you check properly you find out that some northern politicians own majority shares in that Nigerien refinery...some of them are secretly from Niger, pretending to be Nigerians since they are Fulani

Well, I have checked...

And Niger's refienry is a JV between the Niger government and CNPC , a chinese oil company. No Nigerian, Fulani or other interests whatsoever.

And their refinery works because they sell fuel above N300 naira in Niger...meaning there is enough profit to fund refinery maintenance and other matters there.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by arsenal444(m): 8:13am On Nov 20, 2020
mosdii:
We are not even ashamed of ourselves as a major oil producing nation.

Small Niger has a working refinery that refines 20,000 barrels more than the three dormant refineries we have in this country.

Niger will now be supplying us pms...what a shame and disgrace to the almighty giant of Africa.

For Nigeria to agree to a deal like this, there is something fishy or something behind.
Is either the owner of the refinery is a Nigerian (probably a top government official or politician) .
I suspect Dangote and him people, period.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:16am On Nov 20, 2020
PhiliptheArab:


Niger has a working refinery because they dont subsidise fuel

Fuel in Niger costs over 350 naira per liter. Meaning there is enough cash to pay for thw upkeep and upgrade of the refinery

Its simple really. Sell fuel at a profit, earn cash that is enough to fix your refinery

We would have had working refineries if you guys had allowed GEJ to remove fuel subsides completely in 2011.

And if we had removed fuel subsides since 1993 when the idea was suggested to us, we would have been exporting fuel everywhere by now.

It is only just now that the apc government is making a decision that should have been made ages ago
Are you aware port Harcourt refinery wasn't built by the Nigeria government? The same refinery built by the British colonizers there about in 1963 was sold to the Nigerian government, is still operating on the same capacity still today.
Check the prices of crude oil from 2009 to late 2014, crude oil prices were up, there were excess in profit, the then finance Minister proposed a excess crude oil account it was opposed, later it was agreed that was how the excess crude oil Account came about.
Check what diezani madueke looted from the time of crude oil boom you will wipe, most of those politicians were part of the government when all these looting was going on.
Buhari's government came and made promises to Nigerians that wasn't feasible in the long run to Nigerians by saying he will make 1 naira = 1 dollar. He will build a new refinery in 3 years (where is the refineries he promised to build?)
The reason buhari is blamed is because he made a promise to Nigerians and that promise is unfulfilled.
The reason others are blaming the government is that this Buhari's administration is part of the government that has also failed because of the promise they've failed to deliver.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Masterchef(m): 8:16am On Nov 20, 2020
Except the Rep. of Niger is paying us for transportation and storage, wouldn't it have been more value for money to simply buy their excess crude for cheap and set up one or two 5000 bpd modular refineries in Northern Nigeria?
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by BIZZWEALTH: 8:17am On Nov 20, 2020
Inverter Battery Bank
Batteries are required to store energy from NEPA, Generator or a renewable energy source, e.g. solarxx panels. Batteries are an essential part of any power backup system, and the performance and longevity of your inverter system will mainly be dependent on the quality of the batteries you use.

The voltage requirements of your inverter will determine the minimum required size of your battery bank. A 12-volt inverter, for example, requires 12 volts and will work if you connect it to a single 12v battery. A 24-volt inverter will require 24 volts, which you can achieve by connecting two 12 volt batteries in series.

Think of a battery like a bucket of energy. It will only hold a certain amount, and no amount of praying and hoping will make it hold more. Battery capacities are given in Ampere Hour (AH), explicitly indicating the inverter’s current supply rate per hour of operation, for instance, a 200 AH inverter battery can deliver 200AH of current for every 60 minutes of activities.

The most common inverter battery capacities available in Nigeria are 12v 100AH and 200AH.

The minimum required battery bank size may or may not be enough to meet your needs. You can determine the correct sizing for your home by using the Mercury Battery Backup Time Calculator following formula.

Amp rating of battery x inverter voltage (assuming 80% efficiency and depth of discharge ) ÷ total load wattage.

Example:

200ah (Amp rating of battery) x 24v (Voltage of inverter) assuming 80% efficiency and depth of discharge ÷ 385 watts (Load) = approximately 7 hours.

The above is the result of a continuous 385 watts load; in reality, the backup time could be increased significantly by managing the number of appliances you have on at any given time. For example, you may decide to only turn on your TV when your favourite programs are on.

Adopting such a disciplined approach could save you a substantial amount of money. You can start with a small battery bank and add more batteries later on if your requirements change. We do not charge for installation, so long as you purchase your system components from mercurydirect.com.ng

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Ubanz: 8:22am On Nov 20, 2020
same interests that frustrated Nigerian refineries re stakeholders of the Nigeriene refinery.

" Speaking shortly after the MoU signing, Sylva expressed delight over the development, describing it as another huge step in developing trade relations between both countries"
shame on Amechi and his fellow cohorts who betrayed their region for personal interests.
first it was rail line to Niger, today it's petroleum products storage, tomorrow will be transfer of Nigeria's crude to Niger for refining.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:24am On Nov 20, 2020
onyechez:

Are you aware port Harcourt refinery wasn't built by the Nigeria government? The same refinery built by the British colonizers there about in 1963 was sold to the Nigerian government, is still operating on the same capacity still today.
Check the prices of crude oil from 2009 to late 2014, crude oil prices were up, there were excess in profit, the then finance Minister proposed a excess crude oil account it was opposed, later it was agreed that was how the excess crude oil Account came about.
Check what diezani madueke looted from the time of crude oil boom you will wipe, most of those politicians were part of the government when all these looting was going on.
Buhari's government came and made promises to Nigerians that wasn't feasible in the long run to Nigerians by saying he will make 1 naira = 1 dollar. He will build a new refinery in 3 years (where is the refineries he promised to build?)
The reason buhari is blamed is because he made a promise to Nigerians and that promise is unfulfilled.
The reason others are blaming the government is that this Buhari's administration is part of the government that has also failed because of the promise they've failed to deliver.

1.I am aware of all the looting...but even then the amount looted won't be enough to fix things. You need far more money than what has been looted under PDP and APC to have a running and exporting petroleum products industry.

2.We can't fix refineres because subsidies means that fuel would be at the end of the day sold below the production cost.....which means any refinery in Nigeria would be working at a loss and not making enough money to keep functioning properly (which is why all our refinereis are in a mess in the first place.). It is for that same reason that we can't build new refienres. Whybuild a new refinery, refine fuel above N160 NAIRA and sell at N120 NAIRA (labour price ) N90 (Atiku price) N86 (gej supporters price) or N40 (Buhari supporters price).

You won't make a profit to be able to keep the refienry running.

Niger has the same level of crrupt and inefficent leaders...and their fuel industry wroks because the government does not intervene to force fuel to be sold below N150 per liter. Instead they sell fuuel at N350 per liter and earn enough profit to have a great well runnign refinery...that was even built as a JV...and exports to three African countries...Nigeria is no 4.

Yes, our leaders are corrupt...but if you made bread at N200 a loaf, and sold it at N50 a loaf, and acceted a subsidy oof N30 per loaf sold....you won't make enough profit to even fix your machines when they break.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Valkrie: 8:25am On Nov 20, 2020
Una sure Buhari the president is a Nigerian or Nigerien?

1 Like

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Agbegbaorogboye: 8:28am On Nov 20, 2020
adaragbotemi:
Hmmm, if we can import fuel from niger, why cant we import rice from coutonu? Just asking
Benin Republic no get Fulani

1 Like

Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:28am On Nov 20, 2020
yes they re preparing for that day.

The idiots in the south will keep ranting about insults to their traditional rulers and elders, people who have been reduced to errand boys by their own sons who are governors.

They won't think about building a refinery in the south.

Thank to the Owerri Amaka crew that is working on that project.
Re: FG Signs Fuel Transportation, Storage Deal With Niger Republic by Nobody: 8:31am On Nov 20, 2020
quentin06:
yes they re preparing for that day.

The idiots in the south will keep ranting about insults to their traditional rulers and elders, people who have been reduced to errand boys by their own sons who are governors.

They won't think about building a refinery in the south.

Thank to the Owerri Amaka crew that is working on that project.

Well, there are at least 4 refineries ongoing in the South ( dangote inclusive) one in imo, one in rivers and one in edo...and then there is Dangote

There could be more if NNPC allows marketers the right to control the price of the crude they sell ie total deregulation which would make refining petrol profitable in Nigeria.

(1) (2) (3) (4) (5) (6) (Reply)

Tinubu Appoints New Board, Management For NDDC / Even If A Cup Of Garri Goes For ₦1000, I Will Vote Tinubu Come 2027 / Ambode, Oshiomhole, Tambuwal, Adeosun At NEC Meeting Today - Photos

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 103
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.