The Group Managing Director of the Nigerian National Petroleum Corporation , Mallam Mele Kyari, said buyers were begged to purchase the Nigerian crude oil at $ 9 per barrel in April .
The global oil benchmark, Brent crude , plunged to as low as $15. 98 per barrel in April , its lowest since June 1999 amid the collapse in demand and the price war between Saudi Arabia and Russia.
“ Actually , we sold oil at $9 per barrel in April , and practically we begged people to come and take,” Kyari said while addressing energy correspondents in Abuja on Friday.
He said the country achieved a production level of 2.49 million barrels per day in April , adding that the target of three million bpd was achievable.
The NNPC boss said 2020 had been a difficult year for the industry and the world economy , adding that the industry fundamentals had changed.

source: https://punchng.com/we-begged-people-to-buy-oil-at-9-nnpc/

After importing from Niger Republic right? When NNPC didnt process even a drop of crude oil this year?

Mad man. Yet National Assembly have refused to cut their allowances

I even pray the Oil drys up so we can grow up for once. Because that is our greatest undoing as nation

All it’s just to justify the price of fuel in Nigeria.
As an oil producing nation, must we beg people to buy our crude before we will get petrol?

There are other by-products of crude oil, our illiterate leaders are uninformed that they can work on our existing refineries and also build new ones to process our crude and also extract other by-products of crude oil.

Idiotic man.... We run an oil mono economy and NNPC is as useless as fvck

Aramco is the equivalent of Saudi's NNPC and the make a staggering $80 billion profit... They are into everything from Oil mining to Oil Refinery, Manufacturing, Investment around the world, Even Petrol station accross Arab nations

Imagine if Nigeria builds standard Refinery, and maintain the remaining ones, and NNPC builds Gas stations across nooks and crannies of West. Africa, imagine how much billions NNPC would make


.

Nigeria needs to diversify

Bastards that have reduced a supposed rich country to dirt poor and poverty capital of the world.

Every one of you ought to rot in hellfire. I just pray that electric cars would be fasttracked so that oil will become worthless.

oil is becoming useless.... now we need to look at a cleaner energy.. which is the energy of the future and that's gas....





Thread seen..

Good for you! Why can't our refineries function while those of Niger Republic do?

HandmadeD:
I even pray the Oil drys up so we can grow up for once. Because that is our greatest undoing as nation

Yes! Amen to that!

Yet, the NNPC is still looking for oil in the north, wasting millions.

Then share us our thing to bath with now...

People wey get Gen go dey pour dere thing inside Gen nd people with car go dey pour inside car... People wey no get any gey bath with it.... is a win win for everyone...

Flabagasted, nigeria is finished.

B

HandmadeD:
I even pray the Oil drys up so we can grow up for once. Because that is our greatest undoing as nation

Even if the oil goes Nigeria won't still grow

Racoon:
After importing from Niger Republic right? When NNPC didnt process even a drop of crude oil this year?

Don’t you know the difference between crude oil and petrol? How can we be importing crude oil from any country?

imagine if we could refine all the crude we were busy begging ppl to buy for 9dollars we for dey buy petrol for 50naira per litre.

And so what

The easiest way of safeguarding our future is to diversify. Nigeria is good at copying other countries, so why won't we copy UAE?

techmo:





Idiotic man.... We run an oil mono economy and NNPC is as useless as fvck

Aramco is the equivalent of Saudi's NNPC and the make a staggering $80 billion profit... They are into everything from Oil mining to Oil Refinery, Manufacturing, Investment around the world, Even Petrol station accross Arab nations

Imagine if Nigeria builds standard Refinery, and maintain the remaining ones, and NNPC builds Gas stations across nooks and crannies of West. Africa, imagine how much billions NNPC would make


.

shortsighted people in nnpc....

Tell another lie

juniorstar:
imagine if we could refine all the crude we were busy begging ppl to buy for 9dollars we for dey buy petrol for 50naira per litre.

It is good to refine all our petroleum products locally. However, it’s extremely important we sell our crude oil as well for now. Crude oil sales account for over 80% of our foreign exchange earnings.

God punish NNPC all the oil that you're been selling where is the development and where the money

seunmsg:
Don’t you know the difference between crude oil and petrol? How can we be importing crude oil from any country?

No! I dont know but only you know.What business does a country like Nigeria have with importing whether crude oil or petrol/petroleum products from Niger Republic?

A clueless government of a so called giant of Africa headed by a dunce is embarking on nonsensical policy of this nature while the petroleum industry back is nothing to write about.Privatize the NNPC-they said no! Why did he took up the minister of petroleum portfolio?

https://www.google.com/amp/s/thenationonlineng.net/nigeria-signs-pact-to-import-petrol-from-niger/amp/