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We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL (12269 Views)

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We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by dre11(m): 4:05pm On Sep 05, 2024
The Nigerian National Petroleum Company Limited (NNPCL) says it has supplied 30 million barrels of crude to the Dangote refinery so far.

The Executive Vice President of NNPCL Downstream, Adedapo Segun, who disclosed thi[/b]s on Thursday on Arise Television, said plans were underway to supply an additional 17 million barrels to the refinery soon.

He said the company would supply 6.3 million barrels of crude in September and 11.3 million barrels in October.

“[b]We have supplied about 30 million barrels to Dangote so far—6.3 million this month, and we will supply 11.3 million in October,” Segun stated.

He stated that the development was part of the Federal Government’s decision to sell crude to local refineries, adding that the 6.3 million barrels would be delivered in seven cargoes.

“The pump price today is not reflective of the market. NNPCL is the sole importer of Premium Motor Spirit (PMS) in the country, which is abnormal. We should be moving towards a situation where the free market determines prices,” he added.

He explained that the NNPCL’s role as the sole importer of petrol was not deliberate, but rather a response to market conditions.

“Let me put it into proper perspective. NNPC is not a regulator. We didn’t choose to be the sole importer. We don’t determine who participates in the market. We stepped in when others reduced their participation. It is not about us wanting to be monopolists,” Segun stated.

According to him, achieving a stable fuel supply and price requires ideal market conditions, including a more liquid foreign exchange market.

“Market conditions need to be ideal, and there needs to be FX liquidity,” he added, suggesting that broader economic reforms may be needed to address the fuel pricing issue,” he said.

https://dailytrust.com/we-have-supplied-30m-barrels-of-crude-to-dangote-refinery-nnpcl/#google_vignette

4 Likes

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Standing5(m): 4:08pm On Sep 05, 2024
Good step but refining can yield different output depending how the refiner chooses to refine. That means petrol output can be avoided based on market realities and diesel output increased.

2 Likes

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by CyrusVI(m): 4:10pm On Sep 05, 2024
cheesy

I like this transparency from Dangote and NNPC. Accountability will be sure easier that way, you can now track each crude barrel supplied and what barrel of each products were rolled out back to NNPC in sales


Kyari may not have where to hide anymore

CBN will be watching from a far. KMPG will do the last-quarter audit by December.

The future promises to to great

God bless PBAT

30 Likes 8 Shares

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by ranhoyl: 4:11pm On Sep 05, 2024
A liter is now 1,200 here.

5 Likes 1 Share

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by CyrusVI(m): 4:15pm On Sep 05, 2024
ranhoyl:
A liter is now 1,200 here!
"

They are fixing it from the top, you will start seeing the effect soon

Dont panic...we are almost there

10 Likes 3 Shares

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Mbanda(m): 4:15pm On Sep 05, 2024
dre11:



The Nigerian National Petroleum Company Limited (NNPCL) says it has supplied 30 million barrels of crude to the Dangote refinery so far. The Executive Vice…





https://dailytrust.com/we-have-supplied-30m-barrels-of-crude-to-dangote-refinery-nnpcl/#google_vignette

Nlfpmod

What sort of nonsense story is this? Bring down the fuel price to 180 a litre and you people are there telling angry Nigerians, how many barrels of crude una supply to dangote.

Nonsense!

13 Likes 1 Share

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Thewrath(m): 4:16pm On Sep 05, 2024
Hmm,na crude our cars go use? Rubbish!

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Racoon(m): 4:31pm On Sep 05, 2024
Another corruption rhetorics and grammatical bunkum to deceive the gullible zombies.

8 Likes

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by We32pq: 4:32pm On Sep 05, 2024
I pray all these resolve the challenges

2 Likes

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Anither563: 4:33pm On Sep 05, 2024
Great news!

1 Like 1 Share

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Crimecity: 4:33pm On Sep 05, 2024
CyrusVI:
"

They are fixing it from the top, you will start seeing the effect soon

Dont panic...we are almost there

Clown.

Say na your papa loan Dangote money to build the Refinery 😂

24 Likes

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Yugoslavia247(m): 4:33pm On Sep 05, 2024
Helinues has a new name.

CyrusVI.

Same operandi
Philosophical names.
Very dull

This guy is just online and lies

Claims to be phd holder.

Man PhD holders I know have things doing.


All you do is Nairaland.


Dangote is a business man just like MTN.
If you want price to fall. Create glo and airtel


Sell other refineries or make more refineries come onto the country

10 Likes

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Obviouslyblunt: 4:33pm On Sep 05, 2024
Anyone notice the back and forth between the Dangote’s team and NNPC. This is the only way you can do business with this government else they’ll lie to the public and put you as the main reason for their own failure. You hold them accountable and report everything to the public as it occurs.

4 Likes

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by DeepSight(m): 4:33pm On Sep 05, 2024
Racoon:
Another corruption rhetorics and grammatical bunkum to deceive the gullible zombies.

Can you believe that barely a month after the protests, there is a hike in the prices of PMS?
As in, its surreal.
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Melagros(m): 4:33pm On Sep 05, 2024
COMRADES are speechless, hope tomorrow Dangote will not come out (counter) with his own version of procurement?
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Djele: 4:33pm On Sep 05, 2024
Kurubu is a failure
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by osuofia2(m): 4:33pm On Sep 05, 2024
Today NNPC reply Dangote tomorrow Dangote reply NNPc

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by dododawa1: 4:34pm On Sep 05, 2024
This man fault

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by merits(m): 4:34pm On Sep 05, 2024
dre11:


https://dailytrust.com/we-have-supplied-30m-barrels-of-crude-to-dangote-refinery-nnpcl/#google_vignette
stop this story when are we enjoying the dividends of crazy demo? Useless government
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Shikini: 4:34pm On Sep 05, 2024
Lol
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by id4sho(m): 4:35pm On Sep 05, 2024
Bunch of cunny mentongue

1 Like

Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by INTEGRITYA1(m): 4:35pm On Sep 05, 2024
Things should start working out, we have tired of we are supplying/have supplied NNPC.

Nigerians need results, practical ones not theoretically expression that didn't benefit the populace in any way.

I will likely become the Governor of my State one day. We want results for the betterment of all and sundry. Not stories.
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by yesloaded: 4:35pm On Sep 05, 2024
Yen yen yen


TOO MUCH TALK
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Michael547(m): 4:35pm On Sep 05, 2024
Ok
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by chudez0147(m): 4:36pm On Sep 05, 2024
Lamba cool
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by Oghene86: 4:37pm On Sep 05, 2024
dre11:


https://dailytrust.com/we-have-supplied-30m-barrels-of-crude-to-dangote-refinery-nnpcl/#google_vignette

But we can't see the PMS in the market from your crude supplied
Re: We’ve Supplied 30m Barrels Of Crude To Dangote Refinery –NNPCL by kheny12(m): 4:37pm On Sep 05, 2024
What's the benefit of the poor masses from this dangote refinery angry. This people's are just playing poilitcs with the citizens. God will help us and may those causing pain to us .... See the Anger of God with their families.

1 Like

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