flyinnizam:
USA and venezuela na same country? what rubbish are u saying. venezuela is a free and sovereign country

VikingKing:


You will defend the devil himself as long as he's willing to pay you. Where are the imaginary dollars you once said we will save from subsidy? How much is the naira which you said will gain massively when the imaginary dollars start trickling in? Your own na to just dey form expert on every topic when you know absolutely NOTHING! What's up with the dollars you said we will save after Binance? Empty barrel!

Please check my profile for the real free stuffs

VikingKing:


You will defend the devil himself as long as he's willing to pay you. Where are the imaginary dollars you once said we will save from subsidy? How much is the naira which you said will gain massively when the imaginary dollars start trickling in? Your own na to just dey form expert on every topic when you know absolutely NOTHING! What's up with the dollars you said we will save after Binance? Empty barrel!

Please check my profile for the real free stuffs

RepoMan007:
NNPC has four refineries under their control. What monopoly are you talking of?

FreeStuffsNG:
Petrol is cheap to buy and import from Malta because most oil companies are aware that it's cheaper to refine and produce Petroleum products in Malta.

If it gets expensive tomorrow, Petrol importers and refiners will go elsewhere. Watch out for Venezuela in few months time

Islie:
‘Nil from 2017-2022, $2bn in 2023’ — the sudden surge in Nigeria’s petroleum imports from Malta




https://www.thecable.ng/nil-from-2017-2022-2bn-in-2023-the-sudden-surge-in-nigerias-petroleum-imports-from-malta/amp/

malali:


Crude Oil is more than just NNPC
1-Crude Oil sales is the generator of revenue for the whole country- the whole 36 states.
2-We don't provide enough crude to fulfill export OPEC quota and local refineries existing before Dangote.
3-The crude market is the world most recognized international commodity market.

You get sense so?
We are talking how to bring down exchange rate you are talking about nnpc chosing who to sell to.

God why me in this country
4-Nigeria has the right to determine who they sell and buy crude from without any subjugation or coercion.
5-A lot of countries producing crude and exporting also import e.g USA, the crude they produce is not best suited for their refineries, so they export and import the Saudi crude in return, so crude trading is bilateral
6-Nigeria has established trading relationships with some crude buyers internationally for over 30 years, if we stop all of them and sell to dangote today and tomorrow dangote decides to not buy from Nigeria, it will be difficult to re-establish selling to our "plugs" because they might have found other customers.
7-Dangote refinery being a private business entity should source his crude from open market, make petrol and then we are sure of his capacity to function before doing business with him. Building a refinery and effectively running it are 2 different things.
8-If we get involved in Dangote refinery too early, he might use the Nigerian government to run his refinery.Because he is going to need funding and logistics to run the refinery.

Dangote Refinery is still a private business and must be treated as such. Crude oil sale is what the whole Nigeria depends on, we cannot give it to "one person" it doesnt make business sense or protect our sovereignty as a country.

RepoMan007:
NNPC has four refineries under their control. What monopoly are you talking of?

FreeStuffsNG:
Petrol is cheap to buy and import from Malta because most oil companies are aware that it's cheaper to refine and produce Petroleum products in Malta.

If it gets expensive tomorrow, Petrol importers and refiners will go elsewhere. Watch out for Venezuela in few months time

malali:


Yes, we want to save money, But we are not planning moving from frying pan to fire. We dont plan to give one business man with monopolistic business antecedents all the profit from crude oil sales to one business man.

FreeStuffsNG:
Petrol is cheap to buy and import from Malta because most oil companies are aware that it's cheaper to refine and produce Petroleum products in Malta.

If it gets expensive tomorrow, Petrol importers and refiners will go elsewhere. Watch out for Venezuela in few months time

VikingKing:


You will defend the devil himself as long as he's willing to pay you. Where are the imaginary dollars you once said we will save from subsidy? How much is the naira which you said will gain massively when the imaginary dollars start trickling in? Your own na to just dey form expert on every topic when you know absolutely NOTHING! What's up with the dollars you said we will save after Binance? Empty barrel!

Please check my profile for the real free stuffs

phemmie06:
He has a substantial amount flowing into his account

malali:


Yes, we want to save money, But we are not planning moving from frying pan to fire. We dont plan to give one business man with monopolistic business antecedents all the profit from crude oil sales to one business man.

Inspirer1:
Dangote may be right with this revelation.

udemzyudex:


Another clown, you want to give a business man monopoly, how?
I thought you lots said PH refinery will start operation by December?

What about the modular refineries, so all of them will stop operating because dangote is now into oil business?
Smh.

nerdjared:


Changing your account and writing with red won’t make you sound intelligent

MrBrownJay1:


- why are you worried about monopoly if/when whatever comes out of Dangote's refinery will be cheaper than what Nigerians get today?
- if Dangote's price are more than what Nigerians are getting to day then A) why would anyone buy from him and B) it would be very easy for the gov to solve the issue (aka buy back from these yeye Malta refineries and put Dangote out of business)
- so all the profit from crude oils is better to go to foreign companies that do nothing for Nigeria instead, abi?
- for +60yrs nobody has done anything to solve the issue, suddenly ONE MAN does something to better the lives of Nigerians by investing $20B of his own money (and expect to make money out of it), and you guys have a problem with it?
- why pay a foreigner to do what a Nigerian IN NIGERIA can do just as well?!

but here is the important question: WHO CARES IF DANGOTE HAS A MONOPOLY (OR NOT), SO LONG AS HE CAN GIVE NIGERIANS CHEAPER FUEL?!

malali:


Venezuela is under the worst Oil sanctions in the world. Go and read. They cannot sell their Oil.

malali:
The same way he gave Nigerians cheaper cement.........LOL
Oh my god....Cement is so cheap in Nigeria.

FreeStuffsNG:
Petrol is cheap to buy and import from Malta because most oil companies are aware that it's cheaper to refine and produce Petroleum products in Malta.

If it gets expensive tomorrow, Petrol importers and refiners will go elsewhere. Watch out for Venezuela in few months time.

May God bless Nigeria for ever! Check my signature for free stuffs!

malali:


Venezuela is under the worst Oil sanctions in the world. Go and read. They cannot sell their Oil.