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There are serious problems in our oil & gas sector, including confounding instances of corruption such as the oil theft ridicule. With the Dangote Refinery on stream, the problems are now popping up like popcorn. But we owe it to ourselves that the Dangote Refinery succeeds: it's about the...

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Laolu Akande

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12,722 görüntüleme • 2 yıl önce •via X (Twitter)

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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 görüntüleme • 2 ay önce

Dangote has made his problem our problem as a nation… and whether we like it or not, Nigeria cannot afford for him to fail.” From cement to a $20B refinery, Aliko Dangote has done what NNPC couldn’t in four decades. But should one man carry the weight of Nigeria’s industrial future? 🇳🇬⚖️ 🎙️ Catch the full conversation on YouTube Nairametrics.tv
1:24

Dangote has made his problem our problem as a nation… and whether we like it or not, Nigeria cannot afford for him to fail.” From cement to a $20B refinery, Aliko Dangote has done what NNPC couldn’t in four decades. But should one man carry the weight of Nigeria’s industrial future? 🇳🇬⚖️ 🎙️ Catch the full conversation on YouTube Nairametrics.tv

Nairametrics

39,516 görüntüleme • 10 ay önce

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 görüntüleme • 8 ay önce

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 görüntüleme • 1 yıl önce

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 görüntüleme • 1 yıl önce

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 görüntüleme • 4 ay önce

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

42,095 görüntüleme • 4 ay önce

Aliko Dangote in Tanzania: "The governments of East Africa will be part owners of this refinery. It doesn't matter where the location is. And Tanzania, we have offered Tanzania to also be a part owner of this refinery. So the technical teams who have agreed they are going to look at where it's best suited and wherever it's best suited we'll do that refinery."
5:34

Aliko Dangote in Tanzania: "The governments of East Africa will be part owners of this refinery. It doesn't matter where the location is. And Tanzania, we have offered Tanzania to also be a part owner of this refinery. So the technical teams who have agreed they are going to look at where it's best suited and wherever it's best suited we'll do that refinery."

Kenyan Wall Street

66,582 görüntüleme • 3 ay önce

This video from a previous interview with the downstream oil and gas regulator in Nigeria explains the current saga. Apparently, Dangote refinery approached the regulator to force all dealers to buy diesel through the refinery alone since the refinery is in a free trade zone where it is not expected to pay taxes to Nigeria and can only sell its products as exports to the local markets if it wants to bring products into the county. This matter looks like it is going to be long. Will the government bend and force the regulator to give the refinery total control over refined product prices since all dealers may be compelled to buy from him only?
2:09

This video from a previous interview with the downstream oil and gas regulator in Nigeria explains the current saga. Apparently, Dangote refinery approached the regulator to force all dealers to buy diesel through the refinery alone since the refinery is in a free trade zone where it is not expected to pay taxes to Nigeria and can only sell its products as exports to the local markets if it wants to bring products into the county. This matter looks like it is going to be long. Will the government bend and force the regulator to give the refinery total control over refined product prices since all dealers may be compelled to buy from him only?

Sardaunan Matasa ✊🏻

84,483 görüntüleme • 2 yıl önce

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 görüntüleme • 4 ay önce

BROWDER: Putin never likes to admit any kind of fault or weakness. Russians having serious problems in Ukraine. The fact that Putin has admitted it means he's having real problems. Pretty remarkable what Ukrainians have been able to achieve in terms of blowing up oil refineries. Every day there's a new image of an oil refinery on fire in Russia. Ukrainians have also blown up all sorts of logistics connected to the war in Crimea, oil terminals in the Baltic, and so on. There's no way that Putin can get around it. His economic capacity is being systematically destroyed by Ukrainian drones.
0:39

BROWDER: Putin never likes to admit any kind of fault or weakness. Russians having serious problems in Ukraine. The fact that Putin has admitted it means he's having real problems. Pretty remarkable what Ukrainians have been able to achieve in terms of blowing up oil refineries. Every day there's a new image of an oil refinery on fire in Russia. Ukrainians have also blown up all sorts of logistics connected to the war in Crimea, oil terminals in the Baltic, and so on. There's no way that Putin can get around it. His economic capacity is being systematically destroyed by Ukrainian drones.

Kate from Kharkiv

37,089 görüntüleme • 1 ay önce

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 görüntüleme • 2 yıl önce

Aliko Dangote: I applaud President Museveni for his bold decision to ban the export of unprocessed minerals. I also want to commit to the two presidents here that, with their support for the refinery, we will build a similar one in East Africa like the one we have in Nigeria.
3:22

Aliko Dangote: I applaud President Museveni for his bold decision to ban the export of unprocessed minerals. I also want to commit to the two presidents here that, with their support for the refinery, we will build a similar one in East Africa like the one we have in Nigeria.

UBC UGANDA

328,019 görüntüleme • 3 ay önce

SLOVAKIA WILL NOT BE BLACKMAILED THROUGH ENERGY In light of the current events in the Middle East, it should now be clear to everyone that the struggle of the Slovak government to secure safe supplies of oil and gas is the main task of the day. It is also clearer than ever that the future of Slovakia’s energy sector must be closely linked to the development of nuclear energy, in which Slovakia ranks among the most significant players. I am proud that Slovaks were able to clearly see into the future and did not succumb to pressure to phase out nuclear energy. On the contrary, we rejected utopian ideas and worked on further projects. We are not resting on our laurels and we are moving forward. Only in this way can we secure Slovakia’s strategic needs for the coming decades.
5:45

SLOVAKIA WILL NOT BE BLACKMAILED THROUGH ENERGY In light of the current events in the Middle East, it should now be clear to everyone that the struggle of the Slovak government to secure safe supplies of oil and gas is the main task of the day. It is also clearer than ever that the future of Slovakia’s energy sector must be closely linked to the development of nuclear energy, in which Slovakia ranks among the most significant players. I am proud that Slovaks were able to clearly see into the future and did not succumb to pressure to phase out nuclear energy. On the contrary, we rejected utopian ideas and worked on further projects. We are not resting on our laurels and we are moving forward. Only in this way can we secure Slovakia’s strategic needs for the coming decades.

Robert Fico 🇸🇰

27,221 görüntüleme • 5 ay önce

ERIKA KIRK: “As Americans, we are all privileged to live in the greatest country in the world.” “Is it perfect? No, it's not. Do we have problems to solve? Of course, of course we do. But our country is the best that we have, and I do not want to lose it.”
0:28

ERIKA KIRK: “As Americans, we are all privileged to live in the greatest country in the world.” “Is it perfect? No, it's not. Do we have problems to solve? Of course, of course we do. But our country is the best that we have, and I do not want to lose it.”

Fox News

176,201 görüntüleme • 4 ay önce

🚨Cartel Oil Theft in the Permian Basin Case Chambers, an Oil and Gas expert who's been in the industry for years, details the blatant theft of oil in the Permian Basin by cartels as "they're pulling in with tankers in the middle of the night; they're just pulling straight up to the tanks loading." Dallas executives at the petroleum club are well aware of the theft and write it off as it's considered a byproduct of the industry, "but most of the bigger oil companies will tell their guys in the field: don't confront these guys if you run across them. We don't know who they are." Oil is the number one source of energy production in the United States, and over half of it is produced in the Permian Basin. To watch this full podcast, go to the link below, or catch the audio on any podcast platform at the "Sam Shoemate Podcast."
2:46

🚨Cartel Oil Theft in the Permian Basin Case Chambers, an Oil and Gas expert who's been in the industry for years, details the blatant theft of oil in the Permian Basin by cartels as "they're pulling in with tankers in the middle of the night; they're just pulling straight up to the tanks loading." Dallas executives at the petroleum club are well aware of the theft and write it off as it's considered a byproduct of the industry, "but most of the bigger oil companies will tell their guys in the field: don't confront these guys if you run across them. We don't know who they are." Oil is the number one source of energy production in the United States, and over half of it is produced in the Permian Basin. To watch this full podcast, go to the link below, or catch the audio on any podcast platform at the "Sam Shoemate Podcast."

Shoe

129,302 görüntüleme • 8 ay önce

The UK buys most of it's oil from Norway. Norway gets it's oil from the same oil fields that the UK has access to in the North Sea. We are literally buying our own oil for a markup, instead of drilling it ourselves for half the price. Why are we doing this?
1:12

The UK buys most of it's oil from Norway. Norway gets it's oil from the same oil fields that the UK has access to in the North Sea. We are literally buying our own oil for a markup, instead of drilling it ourselves for half the price. Why are we doing this?

Alex Barnicoat

225,916 görüntüleme • 8 ay önce

I just pity people wey dey take Hundeyin serious. Project delays happen all over the world and I don't know when it became a crime for a project to miss its projected delivery date due to unforeseen circumstances. David Hundeyin won't tell his audience that Dangote bought our refineries in 2007 only for Yaradua to reverse the sale. Dangote then decided to build his own from the scratch. Eventually he found a home in Lagos at the Lekki Free Trade Zone. The question any right thinking person needs to ask is this, if Dangote has no intention of refining crude oil, why expend close to $21 billion to build the largest single train refinery in the world with a deep sea terminal, 430mw power plant in an area over thrice the size of Victoria Island? If he wants to be selling crude oil like Hundeyin wants his zombies to believe, all he needs to do is to go and acquire an OML and set up an oil exploration company. If he wants to be importing refined fuel, by now he would have dethroned NNPCL as the biggest importer of refined petroleum products. He doesn't have to do a merry-go-round of building a refinery na. The lamentations of David Hundeyin simply makes no single sense but because his audience have auctioned their brains to him, they can't see it. He's simply bitter that the Dangote refinery they're told their minions was a scam is finally set to begin operations. Many bitter souls and enemy of progress simply needed a naysayer to cling unto to display their frustration over the good news that is the Dangote refinery. Long may their wailing and frustration last as Nigeria keeps rising!
0:23

I just pity people wey dey take Hundeyin serious. Project delays happen all over the world and I don't know when it became a crime for a project to miss its projected delivery date due to unforeseen circumstances. David Hundeyin won't tell his audience that Dangote bought our refineries in 2007 only for Yaradua to reverse the sale. Dangote then decided to build his own from the scratch. Eventually he found a home in Lagos at the Lekki Free Trade Zone. The question any right thinking person needs to ask is this, if Dangote has no intention of refining crude oil, why expend close to $21 billion to build the largest single train refinery in the world with a deep sea terminal, 430mw power plant in an area over thrice the size of Victoria Island? If he wants to be selling crude oil like Hundeyin wants his zombies to believe, all he needs to do is to go and acquire an OML and set up an oil exploration company. If he wants to be importing refined fuel, by now he would have dethroned NNPCL as the biggest importer of refined petroleum products. He doesn't have to do a merry-go-round of building a refinery na. The lamentations of David Hundeyin simply makes no single sense but because his audience have auctioned their brains to him, they can't see it. He's simply bitter that the Dangote refinery they're told their minions was a scam is finally set to begin operations. Many bitter souls and enemy of progress simply needed a naysayer to cling unto to display their frustration over the good news that is the Dangote refinery. Long may their wailing and frustration last as Nigeria keeps rising!

Michael Chibuzo®

350,759 görüntüleme • 2 yıl önce

🚨🇻🇪🇨🇳 "CHINA'S CARIBBEAN OIL REFINERY IS THE REAL REASON TRUMP IS CIRCLING VENEZUELA WITH CARRIER GROUPS" China built a massive refinery in the Caribbean to process Venezuela's ultra-heavy crude after U.S. sanctions. Now Beijing refines it on-site, skips the Atlantic crossing, and pockets the profit. Ex-CIA officer John Kiriakou just dropped the quiet part out loud on stream: "If you want to know when America is serious about attacking a country, always watch for naval movements. A month ago, I said 'no invasion of Venezuela' because we hadn't sent one. Then the USS Gerald R. Ford and 11 warships showed up. Now we're serious. We're not at war with Venezuela. We don't buy their oil anymore. The drugs transiting Venezuela are Colombian/Ecuadorian headed to Europe, not America. The Indians and the Chinese built new refineries to handle Venezuelan oil, and they ship the oil there. The Chinese are swimming in money. They decided instead of shipping the Venezuelan oil all the way to China, they'll just build the refinery in the Caribbean, refine it right there, and ship it out from the Caribbean. And the United States doesn't like that." John Kiriakou
3:45

🚨🇻🇪🇨🇳 "CHINA'S CARIBBEAN OIL REFINERY IS THE REAL REASON TRUMP IS CIRCLING VENEZUELA WITH CARRIER GROUPS" China built a massive refinery in the Caribbean to process Venezuela's ultra-heavy crude after U.S. sanctions. Now Beijing refines it on-site, skips the Atlantic crossing, and pockets the profit. Ex-CIA officer John Kiriakou just dropped the quiet part out loud on stream: "If you want to know when America is serious about attacking a country, always watch for naval movements. A month ago, I said 'no invasion of Venezuela' because we hadn't sent one. Then the USS Gerald R. Ford and 11 warships showed up. Now we're serious. We're not at war with Venezuela. We don't buy their oil anymore. The drugs transiting Venezuela are Colombian/Ecuadorian headed to Europe, not America. The Indians and the Chinese built new refineries to handle Venezuelan oil, and they ship the oil there. The Chinese are swimming in money. They decided instead of shipping the Venezuelan oil all the way to China, they'll just build the refinery in the Caribbean, refine it right there, and ship it out from the Caribbean. And the United States doesn't like that." John Kiriakou

Mario Nawfal

905,234 görüntüleme • 8 ay önce