₦airaland Forum

Farki:
We have been importing rice for decades but because Buhari wanted to continue where he left off in 1984 he closed the borders and started selling bullshit about local rice production, greater IGR and cheaper products that never happened.

Buhari is simply a hypocrite serving his own agenda.

this one will be talking about diversification later and speaking from both side of the mouth.

PhiliptheArab:
Niger has a working refinery because they sell fuel at 350 naira a liter

That raises enough profit to keep thw refinery running well

Wrong!! They sell fuel at N350 per liter because that's the price fixed by the Chinese to recoup their investment.
The refinery has been working since 2011 with free crude from Niger's oilfield.
Why hasn't the price of their fuel gone down since 2011?
Now, we are importing and have deregulated according to govt and our fuel per liter is cheaper than those with a refinery. Does it not mean importing is cheaper than local refinery?
Lastly, where's the wisdom in importing fuel from a country that sells at higher price than us?
Does that mean we should expect our fuel price to go to N400 soon?

mfm04622:
1. Nigeria imports PMS. That is a given fact.
2. What dies it matter where we import from? Why the noise when we are to import from Niger? What is the difference from importing through seaports and importing from Niger?
I need someone to explain this as I don't understand it at all

Your comment already shows you can't understand anything.

>:

YorubaKinging:
The end is near

Prepare

Buhari's administration exists solely for the advancement of fulani hegemonic agenda. The plan is to make Nigeria the supreme home for all fulanis of west Africa. This plan however is destined for failure but it will be pushed aggressively. We will all begin to see wonders around 2022/2023. Let's wait and see.

There may not be a peaceful transition in 2023. When Buhari was crying in 2011 after his failed presidential bid,he was not crying because of his good intentions for Nigeria. He cried because he felt the fulani ethbicl agenda was fading away; he was angry and scared !

Another man with the same mindset as Buhari is El- Rufai. Southerners will do themselves a lot of good by avoiding,politically that man too.

PhiliptheArab:
My communist friend, hope you can see that selling petrol at a profit and not at a loss in the name of subsidy means that the Nigeriens have money to run their refinery

Niger sells fuel at 350 naira per liter. Thats why they have the cash to maintain that refinery. And why there is mass incentive to keep the refinery running

The incentive to keep the refinery running has more to do with the investor not the price.
The refinery is being run by Chinese not Nigeriens.
Why have other investors not rushed there to build since the price guarantees a profit according to your theory

Agbegbaorogboye:
How many exactly?
It's not like that 15000 bpd will be met by the refinery not to mention our demand is far above that

It will reduce stress on Ibadan express way

NGpatriot:
That's your own personal opinion and it has zero bearing on the next Nigeria. As a Nigerian, what you expressed doesn't apply to me and knowing who and what you represent and stand for, I won't take you and your kind seriously.

And wat the heck do you mean by what i stand For ?
so when i see truth staring glaringly at me i should debunk it and zombilically reject it

Every sane person knows Nigeria have never seen this level of Suffering,poverty and hardship since 1914 its not rocket science that in a bid to sort out the problems incurred by pdthief we find ourselves in a much bigger mess

Just bcus of supporting useless political parties you decide to play defiant to truth and common sense
maybe you take your proof of vote to filling station and buy fuel #85 per liter or you buy rice for #7500 per bag

anybody still supporting Apcheat is one of the reason Some see hopelessness in The Country

mind you i am not a Pdthief Fan

Government is not interested in repairing these refineries anymore cause they are a drain pipe to scarce resources. government is bidding its time till Dangote come on stream.

Agbegbaorogboye:
The incentive to keep the refinery running has more to do with the investor not the price.
The refinery is being run by Chinese not Nigeriens.
Why have other investors not rushed there to build since the price guarantees a profit according to your theory

Because the Niger market is small

If we sold fuel at a profit in Nigeria., not only would there be an influx of investors, we could become exporters. And even have our jv owned refineries

Like Niger which exports to other african countries apart from Nigeria

Misterone:
this one will be talking about diversification later and speaking from both side of the mouth.

What did we diversify by closing the borders? What did we gain?

If capital flight is wrong when it comes to Benin, Togo and Ghanaian products but OK when it comes to oil from Niger and selling Dangote's products?

Agbegbaorogboye:
Wrong!! They sell fuel at N350 per liter because that's the price fixed by the Chinese to recoup their investment.
The refinery has been working since 2011 with free crude from Niger's oilfield.
Why hasn't the price of their fuel gone down since 2011?
Now, we are importing and have deregulated according to govt and our fuel per liter is cheaper than those with a refinery. Does it not mean importing is cheaper than local refinery?
Lastly, where's the wisdom in importing fuel from a country that sells at higher price than us?
Does that mean we should expect our fuel price to go to N400 soon?

It is the price now, it was lower in 2015.

Either way, you cannot run your business at a loss. That's the lesson of subsidy

And to be honest i dont like it. If i was in charge, i will sell fuel at 30 naira per liter. I also know that would lead to mass scarcity and black marketing

Josywhyte:
That refinery in Niger Republic was built right from when PMB assumed office as the president of this God forsaken country by one prominent politician who doesn't want his name in print. The refinery is ready for production of PMS and other by-products of crude oil. Hence,we'll start buying fuel from our politicians as usual...
Useless country....shame on Buhari and his administration

And after you people will be calling lai mohammed lie

The refinery in Niger has been in operatipn since 2011. It is a JV between the Niger government and the chinese oil company CNPC

No Nigerian ownership at all

You can google for more information

BENUE SADDLE UP I SMELL WAR



https://www.vanguardngr.com/2020/11/onuesoke-blasts-fg-over-plan-to-import-petroleum-from-niger-rep/[/quote]

NORTHERNERS ARE SETTING THIS COUNTRY BACKWARD.

Not only backward but to a degrading status in the comity of nations.

They think they are clever.

Accept restructuring the north do not want to accept.

Allow the south to use its resources to better its own people the north is refusing.

Niger of all country.

Niger a poor country that even the french colonial master could not bail out of poverty.

Nigeria want to waste scarce resources extending railway to Niger republic whereas many towns and cities in Nigeria has no rail link.

Going to petroleum matter, what is the special interest the federal government is having in laising with the Nigerien government in crude oil export.

TIMPRE PREYE SILVA AND AMAECHI ARE TWO SONS OF THE NIGER DELTA REGION.

One can see how the Fulani government is using this men to perpetuate bad leadership in Nigeria.

What is Buhari's ties with this Niger Republic? Why always them. He is hell bent on empowering these people at all cost. I bet if you trace his root, you will find him a bonafide member of a community in Niger. Let the South continue to fight themselves, while the North is pushing an agenda that will soon drown us all.

tamdun:
It will reduce stress on Ibadan express way

By a small inconsequential margin
Rather, you should be concerned that, the northern part of Nigeria will no longer depend on the southern part for fuel and by that, their fuel can be easily subsidized by the northocratic govt while the south is left to roast if you understand what i'm talking about

PhiliptheArab:
My communist friend, hope you can see that selling petrol at a profit and not at a loss in the name of subsidy means that the Nigeriens have money to run their refinery

Niger sells fuel at 350 naira per liter. Thats why they have the cash to maintain that refinery. And why there is mass incentive to keep the refinery running

First of, stop putting me in a box. That I'm asking govt to own up to its responsibility does not make me a communist. Or does capitalism mean being an irresponsible govt? Same way you called GEJ my hero and Buhari my enemy. GEJ is neither my hero nor Buhari my enemy though I will confess that after seeing both in govt, I think GEJ is by far better a leader for Nigeria than Buhari. But that does not mean I'm his supporter.
With that out of the way, I hope you can also see that Nigerien refinery is part-govt owned and is actually "foreign". Is that what you want for Nigeria?

PhiliptheArab:
Because the Niger market is small

If we sold fuel at a profit in Nigeria., not only would there be an influx of investors, we could become exporters. And even have our jv owned refineries

Like Niger which exports to other african countries apart from Nigeria

Niger market is small yet it suddenly makes enough to run a refinery from same small market while Nigeria's big market can't keep one out of four refineries running and you put that blame wholly on price?
Are you for real?

SeriouslySense:
O I see, for how long have they planned this, and now there is a train to Niger, and of course, some local refinery in Kano

Some people are yet to understand what Kalu is crying about.

PhiliptheArab:
It is the price now, it was lower in 2015.

Either way, you cannot run your business at a loss. That's the lesson of subsidy

And to be honest i dont like it. If i was in charge, i will sell fuel at 30 naira per liter. I also know that would lead to mass scarcity and black marketing

I'll rather think the lesson of subsidy in Nigeria as with other policies is that corruption ruins everything. Even private businesses. The US rolled out billions of dollars to save it's real estate business after 2008. That was some form of subsidy. Yet the real estate is back up and running. Subsuidy is not an evil in itself. It's the corruption embedded in it that is evil.
As I was saying, I'm not a communist. I'm rather a crusader for responsible government. Cause that's what I see we lack in this country. If we think where govt has failed, capitalists are going to come and be gentlemen, we are actually riding a tiger.

NGpatriot:
You are the one missing the point.

The point and the topic is Nigeria importing fuel from Niger, not about building refineries.

The largest single refinery in the world is about to be commissioned here in Nigeria with more than enough capacity to satisfy our needs with much more to export for foreign exchange, stop crying over spill milk.

Mumu backtracking from his point!

Please read the first line of your response to me!

It was you who brought in the topic of the last administration not building any refinery in the last 16 years.

You really are my idiot of the day!

this is 1 of d highest form of nepotism from this buhari fg where d favour mostly people from niger republic who enter nigeria, this show 1 of d hidden agenda of buhari, which is 2 empower d people of niger republic, he may not care how other people are suffering in nigeria

mfm04622:
1. Nigeria imports PMS. That is a given fact.
2. What dies it matter where we import from? Why the noise when we are to import from Niger? What is the difference from importing through seaports and importing from Niger?
I need someone to explain this as I don't understand it at all

No shame

chinchum:
Good questions that should force critical reasoning.

If we are already importing refined oil from outside Nigeria, then what could be the hullabaloo about importing from Niger?

I think the complain should be why we are importing refined oil , it is not the stupid pride or hate filled statements i see flying around.

Niger refines 20,000 barrels of oil and only needs 5,000 barrels. Nigeria needs about 400,000 barrels per day.

You just spoke my mind 100%.... The people lamenting dont seem to have a problem with Nigeria importing refined products, rather their problem is why it has to be from Niger... If Nigeria can import petrol from South America or Europe or Asia with the more expensive logistic costs, why cant we import from Niger if they have the products we need? You said it all, it's stupid pride!

I just hope they will not understand when its too late, and they will start crying as usual

Alwaysachick:
Some people are yet to understand what Kalu is crying about.

tamdun:
Until they fix those refineries, we have no choice and yes, importing from niger is cheaper, now imagine how many tanker will leave Lagos/ibadan express way..

How is importing from Niger cheaper when they sell fuel for N350 and we sell for N170

backnbeta:
The"whatever reason" why they are empowering Niger is not farfetched- it's a case of tribe and Country of Origin over 'Country of Residence'

Nigeria for the past 21 years has been importing petrol largely from the Netherlands and from Belgium, shipping billions upon billions of dollars every year to white countries, but we dont seem to have any problem with that. But now the govt chose to also buy a little fraction from a fellow black African country and all hell is let loose... Just imagine the sheer number of people opposed to this on this thread, not to talk of the countless herd on facebook.

@backnbeta
You call it "empowering Niger"? You dont have a problem that we're empowering Spain, Belgium, the Netherlands, but you hate the idea of patronising Niger?

We blacks still have a very bleeped up slave mentality still creeping through our heads but we dont know it; this self hate mentality explains why Africa will continue to be a shithole continent.

obailala:
Nigeria for the past 21 years has been importing petrol largely from the Netherlands and from Belgium, shipping billions upon billions of dollars every year to white countries, but we dont seem to have any problem with that. But now the govt chose to also buy a little fraction from a fellow black African country and all hell is let loose... Just imagine the sheer number of people opposed to this on this thread, not to talk of the countless herd on facebook.

@backnbeta
You call it "empowering Niger"? You dont have a problem that we're empowering Spain, Belgium, the Netherlands, but you hate the idea of patronising Niger?

We blacks still have a very bleeped up slave mentality still creeping through our heads but we dont know it; this self hate mentality explains why Africa will continue to be a shithole continent.

Keep quiet and stop pandering to emotions.
Nigeria has been importing fuel from Niger before now. It's not a new thing. The reason this is on the front burner is because the closed border means products from Niger can't come in. So, this is like opening a special window for Niger to import its fuel to Nigeria. Just like border was opened for Dangote.
Same border that was accused of being the smuggling route o.
I hope you can see the bigotry and clannishness embedded in this stupid decision

Besides, should you not be wondering how Niger that sells fuel for N350 will now be able to sell its fuel to Nigeria that sells fuel for N170? Can you smell the abracadabra? Can you?

Agbegbaorogboye:
Keep quiet and stop pandering to emotions.
Nigeria has been importing fuel from Niger before now. It's not a new thing. The reason this is on the front burner is because the closed border means products from Niger can't come in. So, this is like opening a special window for Niger to import its fuel to Nigeria. Just like border was opened for Dangote.
Same border that was accused of being the smuggling route o.
I hope you can see the bigotry and clannishness embedded in this stupid decision

Okay so the problem now is that Nigerian government is importing fuel from Niger when the border is closed for ordinary Nigerian citizens to import anything?

You're saying your problem and the problem of the hordes of bitter people on this thread is that the Nigerian Government shouldnt be bringing in fuel through land borders? That is what the bone of contention is on this thread?

obailala:
Okay so the problem now is that Nigerian government is importing fuel from Niger when the border is closed for ordinary Nigerian citizens to import anything?

Exactly. You get it now. The bias for everything north in this govt is too loud and clear. They want to reduce import duty on foreign cars so as to kill the local auto market which is southern dominated and also kill the Benin port while opening the border for Niger to bring its fuel into Nigeria. Samw Niger that housed Boko Haram

Mind you Niger sells fuel at N350 per liter. So how exactly will the fuel be sold at N170 in Nigeria. Can you see the rigmarole? Look very well and you will see where dis is going to

Farki:
What did we diversify by closing the borders? What did we gain?

If capital flight is wrong when it comes to Benin, Togo and Ghanaian products but OK when it comes to oil from Niger and selling Dangote's products?

your journey too far. you need to go for an economics crash course for you to come to level. on the other hand let me give you some head start.
1. when you export, you increase your foreign exchange, create jobs and improve the economy.
2. when you import your foreign exchange is depleted, it means you are paying the salaries of those workers in those countries while industries in your country will be closing shops. companies are closing shops because they cannot compete with foreign companies who see Nigeria as a dumping ground.
3. on the refineries, one thing you should know is that government has no business in business. government is all about welfare so it is right for government to want to deregulate the oil and gas industry. when Dangote come on stream, those 4 refineries would be dead. so why fix them?