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Nairaland Forum / Nairaland / General / Business / Dangote Refinery Begins Operations (38388 Views)
Dangote Refinery Begins Reselling Of Imported Crude Oil Amid Domestic Crisis / Dangote Refinery Begins Operations Amid Lingering Fuel Crisis / Giant Dangote Oil Refinery Begins Production In 3rd Quarter (2) (3) (4)
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Re: Dangote Refinery Begins Operations by SaLongs1(m): 9:45pm On Jan 12 |
UrPapa:I am laughing bitterly at what ought to be fair and just. |
Re: Dangote Refinery Begins Operations by FutureFocus: 9:46pm On Jan 12 |
This should reduce our demand for dollar on importation of petroleum products, and so should strengthen the Naira 2 Likes |
Re: Dangote Refinery Begins Operations by kokoA(m): 9:46pm On Jan 12 |
Brendaniel:The money is retained within Nigeria. 1 Like |
Re: Dangote Refinery Begins Operations by thatigboman: 9:46pm On Jan 12 |
GOFRONT:has it not started since December deadline? Abi dem scam us? 1 Like |
Re: Dangote Refinery Begins Operations by Brendaniel: 9:47pm On Jan 12 |
kokoA: Which money? |
Re: Dangote Refinery Begins Operations by coputa(m): 9:47pm On Jan 12 |
Elemosho478:Dangote refinery cannot cater for the needs of Nigerians.we consume 32million litres of PMS everyday not to mention AGO, they will still import to bridge the gap until all the nations refineries will start producing at full capacity. . 1 Like 1 Share |
Re: Dangote Refinery Begins Operations by ppogba: 9:48pm On Jan 12 |
happney65: Blame the NLC and TUC that opposed the sale vehemently hence Yaradua' s decision to reverse the sale. 1 Like 1 Share |
Re: Dangote Refinery Begins Operations by Princeton92(m): 9:48pm On Jan 12 |
Is it good enough as a news to celebrate OR wonder? |
Re: Dangote Refinery Begins Operations by uniquelyspecial(m): 9:49pm On Jan 12 |
YorubaIsGreat:Oh! Your brothers are sadists? What a shame! 1 Like 1 Share |
Re: Dangote Refinery Begins Operations by jaxxy(m): 9:50pm On Jan 12 |
Nice |
Re: Dangote Refinery Begins Operations by ppogba: 9:51pm On Jan 12 |
coputa: The 32 million you are quoting is the figure for stealing subsidy money. Besides,.factors clear to you and I have ensured the quantity is reduced drastically now. 3 Likes |
Re: Dangote Refinery Begins Operations by aywagze(m): 9:51pm On Jan 12 |
wake me up when the first product is ready to hit market ..🤔 |
Re: Dangote Refinery Begins Operations by Elemosho478: 9:53pm On Jan 12 |
coputa: It was stated that the refinery can satisfy 100% Nigeria needs. It is the biggest refinery in the world so don't underestimate it potential. 3 Likes |
Re: Dangote Refinery Begins Operations by higgs: 9:55pm On Jan 12 |
Dangote is the greatest Nigerian that has ever lived,not any politician 4 Likes |
Re: Dangote Refinery Begins Operations by Jackiedemie(m): 9:57pm On Jan 12 |
Eagle360:The pressure on the dollars to naira will be reduce becos over 50% of our foreign earning (dollars) go directly to importation of fuel. 6 Likes 1 Share |
Re: Dangote Refinery Begins Operations by Evolutionism: 9:58pm On Jan 12 |
Audio. Real: High cost of Fuel. Just the usual round tripping among the elite and cos. Let him sell his fuel for N200 then i will retract my comment. Mtcheeew. Nonsense. 2 Likes 1 Share |
Re: Dangote Refinery Begins Operations by IPIGSRSHALLOW: 9:58pm On Jan 12 |
thatigboman: So December to January is too long for you abi? You guys don't understand the complexity of such large operations. Many unforeseen issues will come up in any such project. This is not a mom-and-pop operation. Even an ordinary Mechanic who promises you one can fail not to talk of an operation that is the largest in the whole world. If it's that easy, many people would have been doing it since. 3 Likes 2 Shares |
Re: Dangote Refinery Begins Operations by Jackiedemie(m): 10:02pm On Jan 12 |
coputa: Do you know the refinery capacity first? Secondly, even if by half, the other half will strengthen the naira. Hence reduce pressure on dollars for other thing 3 Likes |
Re: Dangote Refinery Begins Operations by amnesty7: 10:03pm On Jan 12 |
Wainey:..... spotted. 1 Like |
Re: Dangote Refinery Begins Operations by happney65: 10:08pm On Jan 12 |
ppogba: The ball stops at the table of the president and not NLC and TUC. The reversal was due to the fact that Yaradua was a socialist who believed government has a business doing business whereas it is the other way round. Government has no business doing business hence Obasanjo selling it off as he knew it won't work 2 Likes |
Re: Dangote Refinery Begins Operations by Quebec91(m): 10:11pm On Jan 12 |
For your mind UrPapa: |
Re: Dangote Refinery Begins Operations by Quebec91(m): 10:12pm On Jan 12 |
![]() Wainey: |
Re: Dangote Refinery Begins Operations by StrongAlphMale: 10:19pm On Jan 12 |
kokoA: You're yet to answer the question. Dude what will that benefit you? I don't know what is wrong with some of you. When GEJ was in power, fuel was at least #85 - #145. Now Tinubu is in charge with dangote about to start production yet you say you wouldn't mind buying it for 650 naira? Is your brain not leaking like this so? 4 Likes 1 Share |
Re: Dangote Refinery Begins Operations by coleon(m): 10:20pm On Jan 12 |
Dee60:I have consistently informed anybody that cares to read on this forum that Dangote will not boost Nigeria's forex earnings and you are still making this nonsense submission. PresentlyNigeria is exporting her crude oil to earn FX or adopting the NNPC model to swap crude for petrol. Either way crude and fx change hands. Now if instead of using that crude to get FX you give Dangote to refine then the alternative forgone is FX that should have been earned selling the crude. If after Dangote refines and he exports then the crude returns to Nigeria for which he will repay shell and co that he sources the crude from. Now any profit Dangote makes in the process will go into settling his enormous debt for the refinery or his escrow account offshore which is the model all the oil companies in Nigeria runs. They all do not save any of their proceeds in Nigeria but with JP Morgan chase in US and you can't blame them because the oil market is internationally denominated in USD. So please and please forget Dangote to come and solve your FX problems for you and look elsewhere. 3 Likes 1 Share |
Re: Dangote Refinery Begins Operations by yusuf0876(m): 10:21pm On Jan 12 |
OilandGasMarket:do u sell gas for skid? If yes at what rate? |
Re: Dangote Refinery Begins Operations by TimelineMag: 10:21pm On Jan 12 |
UrPapa:Story |
Re: Dangote Refinery Begins Operations by thatigboman: 10:22pm On Jan 12 |
IPIGSRSHALLOW:chairman forget all this big big grammar u are blowing. NNPC themselves said it, presidential deadline or no presidential deadline, port harcourt refinery will not work this year. 1 Like 1 Share |
Re: Dangote Refinery Begins Operations by mignone(f): 10:24pm On Jan 12 |
Omoawoke2:Thank u o ... I'm really surprised how people fell for this refinery scam. 1 Like 1 Share |
Re: Dangote Refinery Begins Operations by Dexy4yah(m): 10:26pm On Jan 12 |
kokoA: Mtcheewww 1 Like 1 Share |
Re: Dangote Refinery Begins Operations by Dexy4yah(m): 10:27pm On Jan 12 |
Brendaniel:Don't mind him, I don't know how some people reason in this country. 1 Like 1 Share |
Re: Dangote Refinery Begins Operations by Munzy14(m): 10:30pm On Jan 12 |
Wainey:Oga rest small..make we use this one hold body.. ![]() ![]() |
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