The Lies and Obfuscations of Reno Omorkri on Dangote Refinery Purchase of Crude Oil from the USA. This is unpatriotic and an attempt to be clever by half.

Recently, there was news that Nigeria's Crude Oil was washed in the Ocean waiting for buyers and in another instance, Nigeria was quoted as selling below market prices.
https://punchng.com/30-nigerian-oil-cargoes-dumped-over-sluggish-demand/
If you are a regular reader of Reno Omokri's X, formally Twitter feeds, you will think that Nigeria has sold all her allocated crude quota till 2027 but these are lies.

In some instances, Nigeria has sold crude oil below market prices because of geopolitics.

Secondly, if Nigeria had the capacity, it could exceed its OPEC quota as has been consistently done by Saudi Arabia at the insistence of US Presidents at several points in history.

For example, in 1986, Saudi Arabia increased its oil production significantly, causing a sharp decline in oil prices and inflicting economic pain on other OPEC members. This move led to confrontations within the organization and strains on Saudi Arabia's relationships with fellow OPEC countries. While Saudi Arabia faced criticism for its actions, it did not face any formal penalties as a result.

Moreover, in recent years including during Donald Trump's presidency, Saudi Arabia has occasionally exceeded its production quota to maintain market share and influence global oil prices. This has sometimes led to disagreements within OPEC, with other member countries expressing frustration over Saudi Arabia's actions. Despite these concerns, formal penalties or consequences have not been consistently applied.

While there have been discussions to strengthen the enforcement of production quotas within OPEC, the organization often faces challenges in maintaining discipline among its member countries. Balancing individual interests with collective goals remains a complex task, and ensuring compliance can be difficult.

Reno should not be serving politicians and cooperation at the expense of the collective interest of Nigerians.

Only deluded ignoramus and vagabonds take that useless reno seriously. If I was Seun, I will stop dignifying the bastard by taking his meaningless post to front page.. I wonder the imps who follow that idiot..

Dangote can't buy costly in dollars and sell cheap in naira