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Nairaland Forum / Nairaland / General / Politics / Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria (40115 Views)
Keep Your Dollars Closer! - Aisha Yesufu / Do Not JAPA Before Dangote Refinery Starts. You Might Regret / Reno Omokri To Buhari: You Are Always In Shock, We Don't Need A Shock Absorber (2) (3) (4)
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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Ibkay32(m): 8:03pm On Apr 04 |
Barzinime: Na her type dey holding iPhones, shaking bumbum on tiktok Beauty without brain π |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Barzinime(m): 8:05pm On Apr 04 |
Go and buy na cos there will always be your type around to balance the profit and loss equation. HNICEARTH: |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by NOETHNICITY(m): 8:07pm On Apr 04 |
Splashme:One of Renoβs prophecy that came to pass was his prediction that PO contesting the 2023 presidential elections under the LP was going to cost the PDP and the APC would win A very simple commonsense logic which obidense folks failed to grasp 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by harjay1986: 8:11pm On Apr 04 |
Splashme: Around 70% of Fx usage in Nigeria is attributed to fuel importation, so if we we can refine what we use in term of fuel consumption then, we have reduce the demand for dollar by 70% so other manufacturer sector we have enough to work with and it will be surplus 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by 2Radii: 8:14pm On Apr 04 |
mariahAngel:So how does tinubu enter the equation in ur side?? Ani weyrey ni gbogboyin se, tokunrin tobirin yin 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by dreamxhaser: 8:15pm On Apr 04 |
Anytime is see APC boys on NL supporting and predicting anything related to the economy of this country. I always bet against it and go the opposite way. Guess what? It works like magic 2 Likes |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by lesbiconverter: 8:20pm On Apr 04 |
Reflect7:And reduce your IQ ,abi? The guy is a dullard. Why didn't he advise his dementia stricken thie.fnubu to fix refineries before removal of subsidy? Instead he placed the cart before the horse. 1 Like 1 Share
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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Babangidapikin: 8:23pm On Apr 04 |
Everybody don forget say we get Petrochemical plant ...all eyes on PMS |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by oziezu: 8:23pm On Apr 04 |
Reflect7: Please what is the landing price of American crude oil per barrel, compared to the Nigerian crude? Do not twist facts. Raw materials were bought by the Europeans and Asians because they do not have them in large quantities. Soon, America will buy our crude oil and sell back to Dangote. 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Raylight2(m): 8:25pm On Apr 04 |
Is #1,225 still not too high for Diesel? |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Zetty177x: 8:28pm On Apr 04 |
Reno, always boasting. Na today? |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by oziezu: 8:30pm On Apr 04 |
harjay1986: I agree with you. But, it is outrageous for us to allow Dangote to spend the needed hard currency to import crude oil. It is unthinkable in advanced world, especially when our crude is of good grade sought after by other countries. Haba! The net gain in dollars will fall short of expectations. |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by babaniyen2024: 8:31pm On Apr 04 |
Richtaiwo: No mind the guy.olodo |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by sucess001(m): 8:36pm On Apr 04 |
Richtaiwo: Are they going to pay Dangote Naira or Dollars |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Cj4charles(m): 8:39pm On Apr 04 |
mightyhazel:don't mind all of them, pretending to be lovers of Nigeria why secretly crumbling the country |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by tefund(m): 8:40pm On Apr 04 |
Splashme:He will be sourcing dollar locally to import crude from US. |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Ezmans: 8:41pm On Apr 04 |
Richtaiwo:idiot is telling poor nigerians to change there dollar to naira, can he tell us how many dominiciary accounts dangote & nigerian polithifians have? 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Blakjewelry(m): 8:42pm On Apr 04 |
mightyhazel:180 wasn't the actual worth of the naira back then, it was only pegged by cbn and was using the dollar stored during oil boom to defend it at that price. Now with that there is no way to build the reserve which in turn put us were we are. Tinubu might have his flaws the step he took was a brave one, many people will avoid it and ruin the economy more and also postponing the inevitable. With the new policy the naira will find it true value and when dangote starts selling, it reduce the pressure on the dollar since we won't be spending dollar abroad to get Petroleum product. I pray some of the reform in the power sector actual bring about the desire changes the economy bounce back. 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Blakjewelry(m): 8:45pm On Apr 04 |
ElSudani:I am telling you myopic people don't see it from that angle, if half of Nigeria millionaires and billionaires are investing heavily in Nigeria we won't be looking to government for everything. 2 Likes |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by commoditiesnig: 8:46pm On Apr 04 |
AmazingGenius:Reno is right on this |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by lailo: 8:51pm On Apr 04 |
mariahAngel:How is Tinubu the biggest hater? Someone that is doing everhthig possible to make Nigeria work? How many past presidents faced Nigeria problems headlong the way he is going about it? Fuel subsidy, Dollar subsidy, Refineries, Security issues, Look at the way he has handled these nigeria's perennial problem in less than a year in office. Issues that all formal presidents were dodging and would leave for next president to solve? Have sense bro. Na u hate fill im belle for Nigeria. Our president is heaven sent, doing great. 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by nathyx(m): 9:04pm On Apr 04 |
Some Nigerians are highly pained that Naira is gaining against Dollar. That's black man for you always full of ignorance 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Acidosis(m): 9:09pm On Apr 04 |
Richtaiwo: I hope you won't come back in a few years to change your words? We see everyday how most of you cry about prices of Cement. |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by NOETHNICITY(m): 9:09pm On Apr 04 |
mariahAngel:How has Dangote prevented you or any other person from building your own refinery? Last time I checked other investors are also building other refinery. There is already one I Edo. Some others coming on stream! Whatβs the envy all about for? Because he is not from your tribe you want to bring him down at all cost 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by oyatz(m): 9:13pm On Apr 04 |
Splashme: Importation of crude oil have lesser impact on the exchange rate than importation of refined petroleum products. With time, about 80% of the crude oil will be sourced locally in Naira ,which will drastically reduce the demand for the dollar. Thus the Naira will gain strenght. 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by pocom16: 9:15pm On Apr 04 |
Elsueno: Person wey dey take risks and borrow heavy from banks to invest in a shit hole system...make the same person come get pity for you? If e easy why are there so little competition in his businesses... its because they know the risk in there . Ask yourself for over 40 years Nigeria has been selling oil why have all the multinationals decided to drill for oil and sell raw.. why didn't they build refinery or you think refinery is restricted to government only..do you know the richest indian makes most of his money from his refinery.. Dangote took risk to invest 20 billion USD over 8 damn years..now he wants to begin selling ..make e come get pity for you? Dey play 2 Likes |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Gooding55(m): 9:16pm On Apr 04 |
AmazingGenius:But is Dangote not also using dollar to import the crude? |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by oyatz(m): 9:16pm On Apr 04 |
mightyhazel:Nigeria has no power the dollar but has power over Naira. When the exchange rate was $1= N180, the exchange rate was heavily subsidized by the CBN (meaning CBN was selling dollar to Nigerians below the market value). 1 Like |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by oyatz(m): 9:17pm On Apr 04 |
mariahAngel: You actually start your refinery too. |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by 4KNGOATS(m): 9:23pm On Apr 04 |
[quote author=AmazingGenius [/quote] Rubbish talk of a fkn drunkard na b today una don dey give us false hope |
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts β Omokri To Nigeria by Jayhome24: 9:24pm On Apr 04 |
mariahAngel: You this guy I don't even know your problem. Omokri was in Nija some weeks ago and even spend more than a month and he even announced it that he is here in Nigeria why didn't you go and kill him? Na only this bragging and chest beaten you sabi but when the ballers shows up you turn muted and become local radio with low battery. |
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