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Dangote Refinery To Import Crude Oil From The United States - Business (3) - Nairaland

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Re: Dangote Refinery To Import Crude Oil From The United States by olisaEze(m): 2:45am On Jan 30
shortIGBOman:


Emeka, when you don construct your own Refinery, you fit do as you like. But leave Dangote alone.


Rather than contribute when Emeka eventually constructs his own refinery, the FG will tax the living shyte outta him! But Dangote that CBN dashed half of the forex in their vaults to, should be left alone to do as he likes?? Something must be wrong with ya head if that's how you think business is done!

2 Likes

Re: Dangote Refinery To Import Crude Oil From The United States by BadMaster: 2:55am On Jan 30
I see so many idiots defending this move by Dangote. What happened to all the crude oil we have been producing and still producing? Why isn't Dangote getting from our own crude oil? Why is he importing from far away US?

And some fools actually believed Dangote refinery would make petroleum products cheaper. Isn't it idiotic to think it would be cheaper when he is importing for refining? Moreover, this would further deplete our US dollar reserve.

This country is useless.

2 Likes

Re: Dangote Refinery To Import Crude Oil From The United States by shortIGBOman: 3:36am On Jan 30
olisaEze:



Rather than contribute when Emeka eventually constructs his own refinery, the FG will tax the living shyte outta him! But Dangote that CBN dashed half of the forex in their vaults to, should be left alone to do as he likes?? Something must be wrong with ya head if that's how you think business is done!

Emeka no get money to build a Refinery. No be fake drugs, drinks or spare parts business we dey talk about.

1 Like 1 Share

Re: Dangote Refinery To Import Crude Oil From The United States by blacknp(m): 3:47am On Jan 30
BadMaster:
I see so many idiots defending this move by Dangote. What happened to all the crude oil we have been producing and still producing? Why isn't Dangote getting from our own crude oil? Why is he importing from far away US?

And some fools actually believed Dangote refinery would make petroleum products cheaper. Isn't it idiotic to think it would be cheaper when he is importing for refining? Moreover, this would further deplete our US dollar reserve.

This country is useless.
Quite obvious that you are referring to yourself? Now you come dey vex for yourself for believing a fallacy, because you deceived yourself that Aliko Dangote built Petroleum refinery for you with his money?

Typical lazy minded poor man mentality, cheaper indeed.
Re: Dangote Refinery To Import Crude Oil From The United States by ednut1(m): 3:52am On Jan 30
BadMaster:
I see so many idiots defending this move by Dangote. What happened to all the crude oil we have been producing and still producing? Why isn't Dangote getting from our own crude oil? Why is he importing from far away US?

And some fools actually believed Dangote refinery would make petroleum products cheaper. Isn't it idiotic to think it would be cheaper when he is importing for refining? Moreover, this would further deplete our US dollar reserve.

This country is useless.
https://twitter.com/seunonigbinde/status/1752061490989805955?t=Wu2IrqtOhfRX1uQX8TARng&s=19
Nigeria doesn’t have enough oil
Re: Dangote Refinery To Import Crude Oil From The United States by djwealth: 4:52am On Jan 30
Dangote is a business man, what do we expect him to do. Who knows whether the US crude oil sold to him was very cheaper than that from Nigeria.
Who knows whether there's a business talk btw them.
I sha dey pray wey everything no go spoilt beyond control now.
Re: Dangote Refinery To Import Crude Oil From The United States by Gerrard59(m): 5:09am On Jan 30
BadMaster:
I see so many idiots defending this move by Dangote. What happened to all the crude oil we have been producing and still producing? Why isn't Dangote getting from our own crude oil? Why is he importing from far away US?

And some fools actually believed Dangote refinery would make petroleum products cheaper. Isn't it idiotic to think it would be cheaper when he is importing for refining? Moreover, this would further deplete our US dollar reserve.

This country is useless.

Nigeria doesn't produce enough crude oil and the amount we produce has been locked up for sale in exchange for debts. That is, the current crude being drilled as I write has been sold even before it gushes out. Blame those who campaigned and voted for Buhari to phight kwarruption and Osinbajo to pprateckt the hekonomi

1 Like

Re: Dangote Refinery To Import Crude Oil From The United States by Gerrard59(m): 5:13am On Jan 30
Anyway, with this news, I hope Nigerians have realised that petrol would not be cheap and should it be sold for less than the prevailing exchange rate between the dollars and naira, it means there is subsidy. Also, subsidies cannot continue because most of them are via loans.

God punish the bastards who campaigned and voted for Buhari in 2015! Some of them fled to white dominated countries and currently battle with freezing temperatures!

5 Likes 1 Share

Re: Dangote Refinery To Import Crude Oil From The United States by owagbeba: 5:51am On Jan 30
Topman7:
Nothing strange. They have the capacity to refine and supply beyond the Nigerian market, so they will be happy to take on foreign oil to keep their refinery in production.

This is a private-sector business.

Dem no send anybody.




Why buy US crude oil, what happened to Nigerian crude oil?
Re: Dangote Refinery To Import Crude Oil From The United States by UptownVibes(m): 7:53am On Jan 30
Most Nigerians are gullible people. Until you tell the APC government to stop making fool of you with empty promises,things will keep getting worse. Dangote refinery crew,how market?

3 Likes 1 Share

Re: Dangote Refinery To Import Crude Oil From The United States by bdon123(m): 8:00am On Jan 30
Otilo
Re: Dangote Refinery To Import Crude Oil From The United States by bdon123(m): 8:01am On Jan 30
owagbeba:


Why buy US crude oil, what happened to Nigerian crude oil?
We did future sales wit ours so its been paid for un advance.tanks to agbado n buhari
Re: Dangote Refinery To Import Crude Oil From The United States by autodoctor: 8:02am On Jan 30
What a big joke.
Re: Dangote Refinery To Import Crude Oil From The United States by davidtemi(m): 8:02am On Jan 30
So dat dey will tell us dollar to import is high abi
Re: Dangote Refinery To Import Crude Oil From The United States by Ibrahimcoomasie: 8:02am On Jan 30
Oghene86:


So we don't have crude to sell to Dangote? Or is it confirming news going around that Buhari sold and collected money for crude in advance, so whatever that's being produced now has been paid for and the money spent by the last government, what we don't know is how.many years this deal will last.

We are in a deep shit.
He has brought some from Nigeria too. His oil traders would not be limited to just a few Nigerian suppliers.

The first cargo that arrived at the refinery plant was from Agbami crude, sold by a trading unit of Shell Plc. This was followed by more Nigerian barrels including the nation’s Amenam, Bonny Light and CJ Blend streams.
Re: Dangote Refinery To Import Crude Oil From The United States by Chukwuka319(m): 8:03am On Jan 30
kokoA:
How Manny barrels of crude does Nigeria produce a day? How many have already been sold in advance? How many is remaining to feed local refineries?
Really unfortunate.Only God can help Nigeria at this point.
Re: Dangote Refinery To Import Crude Oil From The United States by just2endowed: 8:07am On Jan 30
What a scam
Re: Dangote Refinery To Import Crude Oil From The United States by MichaelSokoto(m): 8:09am On Jan 30
Up tilumbunation!
Up tilumbunation!
grin

1 Like

Re: Dangote Refinery To Import Crude Oil From The United States by Honestey: 8:09am On Jan 30
If Nigeria government allow this despite we have more than crude oil to supply Dangote then our country would be better without any government anywhere in Nigeria

1 Like

Re: Dangote Refinery To Import Crude Oil From The United States by Anunakeeh: 8:11am On Jan 30
alsudan:
Nigerians should prepare to buy fuel for 1500 this year and exchange 1 dollar for 3000 Naira very soon.

Where's the Port Harcourt refinery that the cocaine sniffing thug promised was gonna start running in December Last year.
Re: Dangote Refinery To Import Crude Oil From The United States by anyination: 8:11am On Jan 30
Let the zoo crumble....
Re: Dangote Refinery To Import Crude Oil From The United States by anyination: 8:13am On Jan 30
alsudan:
Nigerians should prepare to buy fuel for 1500 this year and exchange 1 dollar for 3000 Naira very soon.

Where's the Port Harcourt refinery that the cocaine sniffing thug promised was gonna start running in December Last year.


Lolzzzz
Re: Dangote Refinery To Import Crude Oil From The United States by stasius: 8:13am On Jan 30
Sorry for Nigeria.

You see what years of mismanagement and corruption has done to us?

5 Likes

Re: Dangote Refinery To Import Crude Oil From The United States by Acidosis(m): 8:16am On Jan 30
blacknp:
Quite obvious that you are referring to yourself? Now you come dey vex for yourself for believing a fallacy, because you deceived yourself that Aliko Dangote built Petroleum refinery for you with his money?

Typical lazy minded poor man mentality, cheaper indeed.

If he's not going to sell cheaper petrol, why then did you support a government that pumped billions of dollars into this project? To what end? Are we not better off paying subsidies to our marketers?
Re: Dangote Refinery To Import Crude Oil From The United States by Stevosty: 8:16am On Jan 30
Naira will depreciate further, all these unauthorised nairaland govt spokepersons, una welldone, sorry for Nigeria.

1 Like

Re: Dangote Refinery To Import Crude Oil From The United States by Lomprico2: 8:16am On Jan 30
This will be his excuse to sell the refined products as expensive as we buy it today.

Corrupt Nigerian governments are the ones that made this man super rich.

4uckdup country.

1 Like

Re: Dangote Refinery To Import Crude Oil From The United States by israelmao(m): 8:17am On Jan 30
Of what use it is his refinery to Nigeria then if he starts importing crude oil to Nigeria?

1 Like 1 Share

Re: Dangote Refinery To Import Crude Oil From The United States by toujurs: 8:18am On Jan 30
grin grin Bunch of agbado fools. Dangote wants to cause more tears. Agbado tears will flow. The suffering hasn't started yet. This is just 9 months, and the drama has been way too much. Mali, Burkina faso and one other country just left ecowas, under tinubu watch. Tinubu is the worst decision, ever made by some nigerians out of bigotry.

Dangote definitely would buy these crude, in dollars, and sell them in naira, and the exchange rate now is 1,500naira to 1 dollar. How do a common man survive. When buhari left, a dollar was 850. This is just 9months under tinubu, and it's times 2. Prices of basic things, sma gold is now 12000 for just a tin o!

2 Likes

Re: Dangote Refinery To Import Crude Oil From The United States by sweetjohn(m): 8:18am On Jan 30
Nigeria is a country where criminals are criminalizing and some tribes (Hausas and Yorubas) will be applauding them. Igbos dont deserve to be in the same country with this lowlife animals.

2 Likes

Re: Dangote Refinery To Import Crude Oil From The United States by NOETHNICITY(m): 8:19am On Jan 30
Solofresh2:
Hahaa
When I tell Nigerians that Dangote was only working for his own pocket,they taught I was lying grin
Could you please intellectually explain what you mean?
Re: Dangote Refinery To Import Crude Oil From The United States by ufotunang: 8:21am On Jan 30
Femmyfamous4u:
What most people don't know is that the refinery can refine all kinds of crude including US shale oil. With Nigerian crude it can only do 350k per day thereby not reaching full potentials.
..but by importing crude oil he is putting more pressure on the dollars... dollars will be rising and depreciating the naira and the naira losing value.. because he will but the crude oil with dollars that is dollars that is scare in nigeria

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