iamoyindamola:

It’s surprising she’s dead
Seeing that video too it might be kidney

raumdeuter:


Did he actually see the bandits waiting or he sensed something was not right?

larride:


Is there a link to the actual story that mentioned the amount of crude oil nnpc pledged for the loan?

Unlimited22:

😂🤣🤣😂🤣🤣🤣🤣🤣😂😂

He did NOT WANT THAT SMOKE

liveLongNprospa:


https://www.thecable.ng/exclusive-nigeria-to-pay-afrexim-nnpc-3-3bn-loan-with-12bn-worth-of-oil/amp/

A40:
Tigress pulled off an incredible upset. If you put any amount of money on them winning you would be crip walking to the bank. Almost 20x your money

larride:


I've read the article and really dont know what such deal work. Maybe Ibime can shed more light for us as the finance guru.

Ibime:


But that was just the smaller dragon wey make am run, what if he come meet Thermidor

PDPGuy:

Man, they had monster 2nd and 4th quarters!!

OasisX:


What the government has done with this is use one stone to kill two birds.



It will also free Dangote from IOC bottlenecks. The frustration he is getting from IOC has to some extent comes to a halt - since he will directly be supplied locally henceforth.

.

OasisX:


What the government has done with this is use one stone to kill two birds.



It will also free Dangote from IOC bottlenecks. The frustration he is getting from IOC has to some extent comes to a halt - since he will directly be supplied locally henceforth.

BlueRayDick:
Daily 2k successfully secured- Courtesy Federal Government of Nigeria

larride:


I doubt if Dangote refinery can sufficiently cater to local demands though and there's no way Dangote can sale below 800 naira if he's going to make profit..

We'll see what happens on August 14 sha.

liveLongNprospa:


Lmao.. Them Don run subsidy for Dangote.
That has always been the end game of everything.

liveLongNprospa:


Lmao.. Them Don run subsidy for Dangote.
That has always been the end game of everything.

OasisX:
BREAKING: President Tinubu has extended an offer of support to the Dangote Refinery by proposing that NNPC sells crude to the refinery in Naira, providing a valuable lifeline.

In order to maintain the stability of fuel prices and the exchange rate between the dollar and the Naira, the Federal Executive Council accepted a suggestion put forward by President Tinubu today. The proposal involves selling crude oil to Dangote Refinery and other new refineries in Naira.

The Dangote Refinery currently needs 15 shipments of crude oil annually, amounting to a total cost of $13.5 billion. NNPC has pledged to provide four of these cargoes.

The FEC has agreed to make available 450,000 barrels for local consumption, which will be offered to Nigerian refineries in Naira, with the Dangote refinery being the initial test. The exchange rate will remain constant throughout this transaction.

Afreximbank and other Nigerian settlement banks will support trade between Dangote and NNPC Limited, improving the process by removing the requirement for international letters of credit. It will also result in significant cost savings for the country by reducing the billions of dollars spent on importing refined fuel.

larride:


So is Tinubu fighting Dangote or not?

izzou:
E be like say na North wan set the country on fire..

All the preludes and highlights wey i don see na only North.

And for you in the South that will be happy that it is not in your region, think again!

The price of food items is about to go quadruple

BlueRayDick:
iamoyindamola, I think I remember Vikings Vallaha now. I think I watched the season one, but now sure if I watched two.

Help me with link to season two and three

Theflint1:
It's not in Nigeria's destiny to be successful.

Person use the destiny play 2 odds

I am hoping this protest doesn't hold. E go really scatter my plans.

But then, i hope the government and their voluntary spokespersons can now see that the protesters are not under any Union or group.

All those NLC, TUC, IIC memo wey dem share last week is as useful as a wet tissue paper.

Segedinho:

There were several questions and no one would noticed if he had ignored it..



If he must reply,it would have been...."you can assist with information to fish out the corrupt ones"....

Simple sturv...

AIT1:
Ibime


With the news that Tinubu has ordered the sales of Crude oil to Dangote in naira. How do you think this would affect the USD to NGN exchange rate?

Unlimited22:

You mean Vermithor 😉

izzou:


As long as Tinubu has the means to keep fuel at 568 in NNPC, Dangote will still cry, marketers will still laugh.

Can Dangote sell below 800?

If dem like, collect bags of corn from Dangote, in exchange for crude oil, 568 will still not let him sell shi shi

Ibime:


He'll be sourcing less dollar to buy abroad for one, but at the same time NNPC will be earning less dollar since they are not selling that crude abroad. If procured at more or less the international price (reflected in Naira), it should net off and have little effect for that transaction, but it will have a positive effect on net dollar demand later downstream if Dangote then sells refined products to distributors in Naira

LordAdam16 and User09 can give us further breakdown as they are closer to Nigeria internal workings