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Dangote Refinery is trending because, Aliko Dangote's refinery has started selling Petrol to the public. But, NNPC will be the exclusive buyers. - Monopoly achieved ? The Vice President of Dangote Refinery hinted that should any sabotage arise, and no one buys from them, they will not hesitate to...

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Trending Explained

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Profilbild von O L A M I L E K A N
O L A M I L E K A Nvor 1 Jahr

They accuse him of monopoly now they are about to do thesame thing why should NNPC be the only one to buy from Dangote Why can’t other marketers buy directly from them

Profilbild von Naike💎
Naike💎vor 1 Jahr

Which NNPC are you people shouting Tinubu’s OandO

Profilbild von Oluwa Jaybaster
Oluwa Jaybastervor 1 Jahr

Perhaps Dangote should build fuel stations and sell directly to final consumers

Profilbild von Cashityoung
Cashityoungvor 1 Jahr

Baba wan finish nnpc So na rubbish we dey buy since 🙆‍♂️ Nnpc no go gree go 😂 Dis wan go spoil market 😂😂

Profilbild von Saviola
Saviolavor 1 Jahr

We need more refineries in Nigeria.. If you have like 10 workable refineries, menh the price of fuel will definitely come down. Now that Dangote refinery is here, let’s watch see how it will play out

Profilbild von jamesagada
jamesagadavor 1 Jahr

Just supply the fuel. PMS is not meant to be colorless.

Profilbild von BLACK ROMAN🌍
BLACK ROMAN🌍vor 1 Jahr

Nw dt Dangote Refinery secured a monopoly with NNPC, Nigeria risks having its fuel market controlled by a single entity, potentially stifling competition and innovation, with long-term impacts on prices and supply. Ds may just b d beginning of many woes

Profilbild von Umar Amg
Umar Amgvor 1 Jahr

Hahahahahah. Na very simple answer. They want Dangote to come and slash the current price to like 750. And the people will start celebrating Dangote as being considerate. All na decit. They still have huge share in the Dangote fuel. Well, I am not surprised. How many people have

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Farouk Ahmed is trending because lovers of Nigeria are calling for the resignation of the NMDPRA Chief, after he revealed that; 1. Dangote's refinery is not licensed, 2. It's incomplete, only 45% built, 3. Dangote wants NNPC to give him monopoly on petroleum products in the country. 4. Dangote's product are not authentic. Dangote in turn said; his products are better than any product they (NNPC) import. And if they want they should test the diesels across the country and test his own to confirm the qualities. Aliko Dangote felt frustrated, opted out of building the steel plant and prepares to put Dangote Refinery up for sale. So, Nigerians believe Farouk Ahmed made a reckless statement that will tarnish the 'governments' image internationally and locally.
1:29

Farouk Ahmed is trending because lovers of Nigeria are calling for the resignation of the NMDPRA Chief, after he revealed that; 1. Dangote's refinery is not licensed, 2. It's incomplete, only 45% built, 3. Dangote wants NNPC to give him monopoly on petroleum products in the country. 4. Dangote's product are not authentic. Dangote in turn said; his products are better than any product they (NNPC) import. And if they want they should test the diesels across the country and test his own to confirm the qualities. Aliko Dangote felt frustrated, opted out of building the steel plant and prepares to put Dangote Refinery up for sale. So, Nigerians believe Farouk Ahmed made a reckless statement that will tarnish the 'governments' image internationally and locally.

Trending Explained

80,016 Aufrufe • vor 2 Jahren

NNPC is trending because Aliko Dangote has openly told them to STOP importing fuel. Today, after a meeting with Pres. Tinubu, Dangote hinted that fuel is scarce in some parts of Nigeria, but if marketers patronize him, the scarcity will disappear. Because they have half a billion litres of fuel just sitting idle at the factory. Dangote called on, NNPCL, marketers to stop importing. When his refinery is producing more than enough to supply the entire country. Dr. Aliko Dangote said the refinery can produce up to 30M litres daily, if only NNPC can supply him enough crude oil, and even if the country needs 55M per day, his refinery is up to the task. Adding that they have 500M litres in their tank waiting to be lifted. But marketers won't patronize them, and he can't do anything about the scarcity because he is not a retailer. That, he doesn't understand why they prefer to import and distribute products that he already has in excess at his factory, when they can just simply distribute from his factory. Nigerians are of two opinions; some believe he is not being transparent with NNPC and Nigerians, that's why they are not buying from him. While other analysts think it's all a conspiracy to force him out of business, and Malta has fingers in it. Ultimately, Nigerians don't think there is fuel scarcity. Instead, the inability of people to afford it. ICYMI: Dangote dragged NNPC and NMDPRA to court and slammed them ₦100bn in damages for permitting companies to import petrol into the country, when his refinery is producing more than required. Which therefore violates Sections 317(8) and (9) of the 2021 PIA. Which states that ; Section 317 (8) The Authority may apply the Backward Integration Policy in the downstream petroleum sector to encourage investment in local refining. (9) Pursuant to subsection (8), licence to import any product shortfalls may be assigned to companies with active local refining licences or proven track records of international crude oil and petroleum products trading. Simply meaning that, you can award import license to companies, only if the local ones are not producing up to the required capacity. However, the law said "may" not "shall". So it is debatable and not definite. The case was adjourned to January 20th, 2025. But Dangote Refinery has revealed that, the case will be settled out of court. Get detailed analytics on your energy consumption • water, electricity & gas. With Vendr Sub-Meters! Inquire now: Vendr Utilities || iOS • Web • Android || info@vendr.ng ||
1:27

NNPC is trending because Aliko Dangote has openly told them to STOP importing fuel. Today, after a meeting with Pres. Tinubu, Dangote hinted that fuel is scarce in some parts of Nigeria, but if marketers patronize him, the scarcity will disappear. Because they have half a billion litres of fuel just sitting idle at the factory. Dangote called on, NNPCL, marketers to stop importing. When his refinery is producing more than enough to supply the entire country. Dr. Aliko Dangote said the refinery can produce up to 30M litres daily, if only NNPC can supply him enough crude oil, and even if the country needs 55M per day, his refinery is up to the task. Adding that they have 500M litres in their tank waiting to be lifted. But marketers won't patronize them, and he can't do anything about the scarcity because he is not a retailer. That, he doesn't understand why they prefer to import and distribute products that he already has in excess at his factory, when they can just simply distribute from his factory. Nigerians are of two opinions; some believe he is not being transparent with NNPC and Nigerians, that's why they are not buying from him. While other analysts think it's all a conspiracy to force him out of business, and Malta has fingers in it. Ultimately, Nigerians don't think there is fuel scarcity. Instead, the inability of people to afford it. ICYMI: Dangote dragged NNPC and NMDPRA to court and slammed them ₦100bn in damages for permitting companies to import petrol into the country, when his refinery is producing more than required. Which therefore violates Sections 317(8) and (9) of the 2021 PIA. Which states that ; Section 317 (8) The Authority may apply the Backward Integration Policy in the downstream petroleum sector to encourage investment in local refining. (9) Pursuant to subsection (8), licence to import any product shortfalls may be assigned to companies with active local refining licences or proven track records of international crude oil and petroleum products trading. Simply meaning that, you can award import license to companies, only if the local ones are not producing up to the required capacity. However, the law said "may" not "shall". So it is debatable and not definite. The case was adjourned to January 20th, 2025. But Dangote Refinery has revealed that, the case will be settled out of court. Get detailed analytics on your energy consumption • water, electricity & gas. With Vendr Sub-Meters! Inquire now: Vendr Utilities || iOS • Web • Android || [email protected] ||

Trending Explained

31,657 Aufrufe • vor 1 Jahr

They say it couldn’t be done, they say he couldn’t do it, that we couldn’t produce PMS in this refinery - The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, replied to critics who doubt that the Dangote refinery will work, and he congratulated Aliko Dangote for delivering the refinery.
2:26

They say it couldn’t be done, they say he couldn’t do it, that we couldn’t produce PMS in this refinery - The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, replied to critics who doubt that the Dangote refinery will work, and he congratulated Aliko Dangote for delivering the refinery.

Imran Muhammad

100,305 Aufrufe • vor 1 Jahr

I Don't See the Significant Impact Dangote Refinery Will Have on Petrol Price - Oluwafemi As much as Dangote Refinery has been met with so much positivity regarding supply, it's sad that NNPCL who use to run four refinaries in Nigeria, is queuing to lift PMS from a private Refinery. The back and forth we have witnessed in the past week is symbolic of how powerful commodity traders are globally, and the Dangote refinery will, unfortunately be no different Akinbode Oluwafemi Director, Corporate Accountability and Public Participation Africa (CAPPA)
1:57

I Don't See the Significant Impact Dangote Refinery Will Have on Petrol Price - Oluwafemi As much as Dangote Refinery has been met with so much positivity regarding supply, it's sad that NNPCL who use to run four refinaries in Nigeria, is queuing to lift PMS from a private Refinery. The back and forth we have witnessed in the past week is symbolic of how powerful commodity traders are globally, and the Dangote refinery will, unfortunately be no different Akinbode Oluwafemi Director, Corporate Accountability and Public Participation Africa (CAPPA)

ARISE NEWS

11,006 Aufrufe • vor 1 Jahr

NNPC's Claim of Monopoly Against Dangote Is Embarrassing, a Clear Case of Sabotage – Oye It’s embarrassing that Dangote had to go to court to fight claims of becoming a monopoly. During the Middle East crisis that disrupted global energy supply, Dangote maintained a steady supply of PMS to Nigeria when most developed countries faced shortages, even with increased pump prices. Dangote’s emergence broke NNPC’s monopoly. For NNPC to now claim it wants to open the field for Dangote Refinery to compete with foreign refineries is disingenuous – it wouldn’t be a level playing field. Local refining is the way forward, and we should protect players like Dangote Refinery. Dele Oye, Former President, Organised Private Sector
3:40

NNPC's Claim of Monopoly Against Dangote Is Embarrassing, a Clear Case of Sabotage – Oye It’s embarrassing that Dangote had to go to court to fight claims of becoming a monopoly. During the Middle East crisis that disrupted global energy supply, Dangote maintained a steady supply of PMS to Nigeria when most developed countries faced shortages, even with increased pump prices. Dangote’s emergence broke NNPC’s monopoly. For NNPC to now claim it wants to open the field for Dangote Refinery to compete with foreign refineries is disingenuous – it wouldn’t be a level playing field. Local refining is the way forward, and we should protect players like Dangote Refinery. Dele Oye, Former President, Organised Private Sector

ARISE NEWS

22,393 Aufrufe • vor 2 Monaten

NNPC Limited is set to supply 300,000 barrels of crude to Dangote Refinery for the commencement of operations. The company’s GCEO, Mele Kyari, OFR gave this assurance at the 2023 Nigerian Oil and Gas Opportunity Fair organised by NCDMB, held in Yenagoa, Bayelsa State. This reassurance of energy sufficiency comes ahead of the inauguration of the Dangote Refinery. #EnergyforToday #EnergyforTomorrow
0:31

NNPC Limited is set to supply 300,000 barrels of crude to Dangote Refinery for the commencement of operations. The company’s GCEO, Mele Kyari, OFR gave this assurance at the 2023 Nigerian Oil and Gas Opportunity Fair organised by NCDMB, held in Yenagoa, Bayelsa State. This reassurance of energy sufficiency comes ahead of the inauguration of the Dangote Refinery. #EnergyforToday #EnergyforTomorrow

NNPC Limited

64,953 Aufrufe • vor 3 Jahren

"Nigerians too will have an opportunity in the next maybe maximum 4 or 5 months, they will actually be able to buy their shares. And what I promised before, people will have a choice either to get their dividends in Naira or to get their dividends in dollars"- Aliko Dangote speaking as he receives the NNPC Group CEO, Bayo Ojulari at the Dangote Petroleum Refinery and Petrochemicals. 🎥Channels TV
0:55

"Nigerians too will have an opportunity in the next maybe maximum 4 or 5 months, they will actually be able to buy their shares. And what I promised before, people will have a choice either to get their dividends in Naira or to get their dividends in dollars"- Aliko Dangote speaking as he receives the NNPC Group CEO, Bayo Ojulari at the Dangote Petroleum Refinery and Petrochemicals. 🎥Channels TV

Nairametrics

41,727 Aufrufe • vor 6 Monaten

NNPC is trending because they want to sue th tiktoker for doing a video showing how their fuel burnt faster than Dangote’s fuel. But the interesting thing is in paragraph 3. Also, they’re are still importing fuel, perhaps Malta, allegedly. Few days, ago a content creator bought 1ltr of Dangote Refinery’s fuel from MRS, and 1ltr of NNPC’s fuel. Put the two in different brand new generators. Alas, NNPC lasted 17mins, while Dangote’s lasted 30mins. Nigerians argued that the experiment was flawed, citing generator engine difference. Today, NNPC released a six paragraphed statement debunking the claims. Stating it is an attack from saboteurs, they will pursue legal steps and the experiment is amateur. In paragraph 3. They argued that the “NNPC” fuel the guy used in the experiment was gotten from an independent NNPC retailer who perhaps sourced their products from Dangote.. — Dangote, who “adheres” to strict industry standards. Basically implying that Dangote’s fuel is more quality than theirs. As their’s is focused on affordability, in context. Recall, during the peak of NNPC & Dangote beef, NNPC categorically said Nigerian do not need premium fuel. Despite claims that Warri Refinery, Port Harcourt refineries are now working, according to NairaMetric, NNPC imported over 200M litres of petrol just between February 1, 2025, and February 12, 2025. Anyways, before this video.. a lot of people have given positive reviews of Dangote’s fuel, and it’s contrast with NNPC’s. All insisting that Dangote’s lasts longer than NNPC. Dangote went into partnership with MRS to sell his fuel. MRS is owned by his step brother Sayyu I. Dantata. Ad• Use Vendr Utilities to effectively manage your estate! Fraud proof remote utility collection, allocation and disconnections for Gas, Water, Electricity (Gen/Nepa). Inquire now: Vendr Utilities || iOS • Web • Android || info@vendr.ng ||
1:39

NNPC is trending because they want to sue th tiktoker for doing a video showing how their fuel burnt faster than Dangote’s fuel. But the interesting thing is in paragraph 3. Also, they’re are still importing fuel, perhaps Malta, allegedly. Few days, ago a content creator bought 1ltr of Dangote Refinery’s fuel from MRS, and 1ltr of NNPC’s fuel. Put the two in different brand new generators. Alas, NNPC lasted 17mins, while Dangote’s lasted 30mins. Nigerians argued that the experiment was flawed, citing generator engine difference. Today, NNPC released a six paragraphed statement debunking the claims. Stating it is an attack from saboteurs, they will pursue legal steps and the experiment is amateur. In paragraph 3. They argued that the “NNPC” fuel the guy used in the experiment was gotten from an independent NNPC retailer who perhaps sourced their products from Dangote.. — Dangote, who “adheres” to strict industry standards. Basically implying that Dangote’s fuel is more quality than theirs. As their’s is focused on affordability, in context. Recall, during the peak of NNPC & Dangote beef, NNPC categorically said Nigerian do not need premium fuel. Despite claims that Warri Refinery, Port Harcourt refineries are now working, according to NairaMetric, NNPC imported over 200M litres of petrol just between February 1, 2025, and February 12, 2025. Anyways, before this video.. a lot of people have given positive reviews of Dangote’s fuel, and it’s contrast with NNPC’s. All insisting that Dangote’s lasts longer than NNPC. Dangote went into partnership with MRS to sell his fuel. MRS is owned by his step brother Sayyu I. Dantata. Ad• Use Vendr Utilities to effectively manage your estate! Fraud proof remote utility collection, allocation and disconnections for Gas, Water, Electricity (Gen/Nepa). Inquire now: Vendr Utilities || iOS • Web • Android || [email protected] ||

Trending Explained

30,831 Aufrufe • vor 1 Jahr

Now that Dangote has opted for Kenya for his refinery and not Tanga, now watch this script predicted a few days ago by this gentleman unravel. Wantam, activists about to go to work! “If for some reason the President met Aliko Dangote and they agreed in Changamwe will be a refinery that will be producing 400 to 500 barrels of refined oil per day, the first thing you’ll realize is a Senator claiming that he has received documents from Nigeria that are privy to him that there is a deal where President Ruto has a stake in the refinery in Changamwe. The next day there’ll be a lawyer in glasses whose degree we can’t verify in court in Kerugoya asking for a court order to bar that investment because there was no public participation and that way, they will have a preliminary order stopping that investment pending hearing.”
4:21

Now that Dangote has opted for Kenya for his refinery and not Tanga, now watch this script predicted a few days ago by this gentleman unravel. Wantam, activists about to go to work! “If for some reason the President met Aliko Dangote and they agreed in Changamwe will be a refinery that will be producing 400 to 500 barrels of refined oil per day, the first thing you’ll realize is a Senator claiming that he has received documents from Nigeria that are privy to him that there is a deal where President Ruto has a stake in the refinery in Changamwe. The next day there’ll be a lawyer in glasses whose degree we can’t verify in court in Kerugoya asking for a court order to bar that investment because there was no public participation and that way, they will have a preliminary order stopping that investment pending hearing.”

Kenya West

37,217 Aufrufe • vor 3 Monaten

Dangote Refinery Receives Its Maiden Crude Cargo - Rotus Oddiri In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day. The STASCO cargo contained 1 million barrels from Agbami and sailed to Dangote Refinery’s Single Point Mooring (SPM) where it was discharged into the refinery’s crude oil tanks. The maiden 1 million barrels, which represent the first phase of the 6 million barrels of crude oil to be supplied to Dangote Petroleum Refinery by a range of suppliers, should sustain the initial 350,000 barrels per day to be processed by the facility. The next four cargoes will be supplied by the NNPC in two to three weeks and the final of the six cargoes will be supplied by ExxonMobil.
19:55

Dangote Refinery Receives Its Maiden Crude Cargo - Rotus Oddiri In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day. The STASCO cargo contained 1 million barrels from Agbami and sailed to Dangote Refinery’s Single Point Mooring (SPM) where it was discharged into the refinery’s crude oil tanks. The maiden 1 million barrels, which represent the first phase of the 6 million barrels of crude oil to be supplied to Dangote Petroleum Refinery by a range of suppliers, should sustain the initial 350,000 barrels per day to be processed by the facility. The next four cargoes will be supplied by the NNPC in two to three weeks and the final of the six cargoes will be supplied by ExxonMobil.

Imran Muhammad

53,271 Aufrufe • vor 2 Jahren

Q: Why is there always a discrepancy in the monthly fuel production data released by NMDPRA and that from the Dangote Refinery? Dangote: The regulator, Farouk, is very smart. What he is doing is only telling Nigerians what was being taken out of the refinery. What has been taken out of the refinery is totally different from what has been produced. When we got tired of all this misleading information, we wrote him a letter telling him to come every day to check our stock and publish what we produce and what we have in stock.
3:06

Q: Why is there always a discrepancy in the monthly fuel production data released by NMDPRA and that from the Dangote Refinery? Dangote: The regulator, Farouk, is very smart. What he is doing is only telling Nigerians what was being taken out of the refinery. What has been taken out of the refinery is totally different from what has been produced. When we got tired of all this misleading information, we wrote him a letter telling him to come every day to check our stock and publish what we produce and what we have in stock.

Imran Muhammad

88,547 Aufrufe • vor 8 Monaten

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. ~ TUC President Festus Osifo urges the federal government
1:34

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. ~ TUC President Festus Osifo urges the federal government

Nigeria Stories

42,097 Aufrufe • vor 4 Monaten

“What we are trying to do is replicate another line. This will give us better security, so that even if you going to shut down the refinery for 40 days, at least 50% of the refinery will still work.” - Dangote added that he will not reveal how much it will cost him to expand the refinery for now because of internal and external competitors.
4:11

“What we are trying to do is replicate another line. This will give us better security, so that even if you going to shut down the refinery for 40 days, at least 50% of the refinery will still work.” - Dangote added that he will not reveal how much it will cost him to expand the refinery for now because of internal and external competitors.

Imran Muhammad

76,356 Aufrufe • vor 10 Monaten

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. - TUC President Festus Osifo urges the federal government to use excess crude revenue to subsidise local refineries
1:44

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. - TUC President Festus Osifo urges the federal government to use excess crude revenue to subsidise local refineries

Nigerian Affairs Journal

85,190 Aufrufe • vor 4 Monaten

This particular statement in this video clip is sensational, misleading, baseless and downright stupid to say the Nigerian govt wants to pull Dangote refinery down. I wish this anchor would juxtapose the facts on ground and our Federal Competition and Consumer Protection Act (FCCPA) of 2018 and he will appreciate the obligation the regulator has to ensure competition and no monopoly or market dominance. There may be a crisis of confidence in that industry, but the reason Dangote refinery is a success today is because of the support of this government
0:28

This particular statement in this video clip is sensational, misleading, baseless and downright stupid to say the Nigerian govt wants to pull Dangote refinery down. I wish this anchor would juxtapose the facts on ground and our Federal Competition and Consumer Protection Act (FCCPA) of 2018 and he will appreciate the obligation the regulator has to ensure competition and no monopoly or market dominance. There may be a crisis of confidence in that industry, but the reason Dangote refinery is a success today is because of the support of this government

D. H Bwala

96,176 Aufrufe • vor 1 Jahr

Crude-for-Naira: Dangote Refinery Receives Only 5 Out of Mandatory 15 Cargos of Crude Monthly - Bird Dangote Refinery is operating at full capacity, processing 650,000 BPD, meeting not only Nigeria's fuel demand but also the regional demand. We've been vocal about the existing arrangement with the Federal Government under the crude-for-naira programme, which is often misunderstood as a pricing regime. It's actually priced at the full international benchmark without the foreign exchange implication, which has helped stabilise the FX market. However, that agreement isn't being met, not just in terms of volume but also quality allocation. We urge the government to be transparent with the allocation methodology. We should be receiving 13 to 15 cargoes of crude monthly to meet Nigeria's demand. David Bird, CEO of Dangote Refinery
4:46

Crude-for-Naira: Dangote Refinery Receives Only 5 Out of Mandatory 15 Cargos of Crude Monthly - Bird Dangote Refinery is operating at full capacity, processing 650,000 BPD, meeting not only Nigeria's fuel demand but also the regional demand. We've been vocal about the existing arrangement with the Federal Government under the crude-for-naira programme, which is often misunderstood as a pricing regime. It's actually priced at the full international benchmark without the foreign exchange implication, which has helped stabilise the FX market. However, that agreement isn't being met, not just in terms of volume but also quality allocation. We urge the government to be transparent with the allocation methodology. We should be receiving 13 to 15 cargoes of crude monthly to meet Nigeria's demand. David Bird, CEO of Dangote Refinery

ARISE NEWS

85,577 Aufrufe • vor 5 Monaten

Dangote has raised his three Daughters strategically, anyone of them can take over his position, and deliver it as perfectly as their father, so there's nothing to fear as far as the issue of leadership is concerned Secondly, Dangote has apparently made a very careful calculation before building this refinery, he knows very well that challenges are forthcoming, that getting Nigeria's Crude Oil would not be easy and satisfactory, because of the volume of corruption associated with our oil sector, that's why he had a plan B in place, which include importing Crude Oil from outside Thirdly, the idea of building another refinery is strategic and carefully calculated, he would not just build oil refinery in East Africa, he's building Africa's self reliant on energy, as well as moving his empire to the next Level Forthly, I believe by the time Dangote completed his new rrginery in the East Africa, he would begin oil exploration in those Eastern African countries, which means he would own the refinery and the oil field combined, which means his refineries might be independent of Nigeria's crude in the next 10-15 years Fifthly, By investing so much in the whole of African Continent, Dangote is providing a playing field for international investors, because investors would never invest in Africa, until they see someone is actually investing in Africa, and nobody can do that but an Aftican industrialist like Dangote Sixthly, Dangote can only have the courage to convince the world industrialist to invest in Africa, if he's actually leading it Seventhly, i believe that other Nigeria's industrialist like Abdusamad Rabiu BUA, Otedola, would also join the race, in investing so much in Africa Eighthly, This refinery would provide thousands of jobs to the people of East Africa Ninthly, This would be the renaissance of Africa And Tenthly Africa would be librated economically
9:53

Dangote has raised his three Daughters strategically, anyone of them can take over his position, and deliver it as perfectly as their father, so there's nothing to fear as far as the issue of leadership is concerned Secondly, Dangote has apparently made a very careful calculation before building this refinery, he knows very well that challenges are forthcoming, that getting Nigeria's Crude Oil would not be easy and satisfactory, because of the volume of corruption associated with our oil sector, that's why he had a plan B in place, which include importing Crude Oil from outside Thirdly, the idea of building another refinery is strategic and carefully calculated, he would not just build oil refinery in East Africa, he's building Africa's self reliant on energy, as well as moving his empire to the next Level Forthly, I believe by the time Dangote completed his new rrginery in the East Africa, he would begin oil exploration in those Eastern African countries, which means he would own the refinery and the oil field combined, which means his refineries might be independent of Nigeria's crude in the next 10-15 years Fifthly, By investing so much in the whole of African Continent, Dangote is providing a playing field for international investors, because investors would never invest in Africa, until they see someone is actually investing in Africa, and nobody can do that but an Aftican industrialist like Dangote Sixthly, Dangote can only have the courage to convince the world industrialist to invest in Africa, if he's actually leading it Seventhly, i believe that other Nigeria's industrialist like Abdusamad Rabiu BUA, Otedola, would also join the race, in investing so much in Africa Eighthly, This refinery would provide thousands of jobs to the people of East Africa Ninthly, This would be the renaissance of Africa And Tenthly Africa would be librated economically

Senior Pastor Okezie James Atañi

11,188 Aufrufe • vor 3 Monaten