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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 просмотров • 2 лет назад •via X (Twitter)

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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 export out of Nigeria, just how they export their diesel and jet fuel. This is was yesterday, when the refinery was yet to reach an agreement with NNPCL. But, now NNPC have reached an agreement with Dangote to supply him crude in Naira. And this month the refinery will supply them 25million litres of fuel, and 30million next month. The refinery is expected to produce 650k barrels per day. But NNPC failed to provide them enough crude oil, which resulted to the delay in commencement of their operation. NNPC being exclusive buyers means that, they will reach an agreement with Dangote prompting them to only purchase PMS from Dangote for an agreed period of time. And, understanding that NNPC is in serious international debt with no international supplier willing to supply them Petrol. - One can arguably say that Dangote has gotten what he wanted, and is on course to secure Oil Monopoly. Recall that in July NNPC accused Dangote of seeking oil monopoly with poor fuel quality. Which frustrated him to to opt out of building a steel plant and suggesting that Dangote Refinery was up for sale. This morning Aliko Dangote used the opportunity to show Nigerians that the real color of quality fuel is "colorless", like water. And he assured Nigerians that, this is what they will be getting from his refinery, unlike the bad product that has been circulating the country for nearly three decades. Assuring Nigerians that their vechicles will last longer, and the environment will be safer. Dangote refinery will be the first refinery to work in Nigeria since 1996. Yet, Nigerians are saying it's not enough. That to properly combat the now natural fuel shortage, FG should allow independent suppliers to give NNPC competition.
0:42

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 export out of Nigeria, just how they export their diesel and jet fuel. This is was yesterday, when the refinery was yet to reach an agreement with NNPCL. But, now NNPC have reached an agreement with Dangote to supply him crude in Naira. And this month the refinery will supply them 25million litres of fuel, and 30million next month. The refinery is expected to produce 650k barrels per day. But NNPC failed to provide them enough crude oil, which resulted to the delay in commencement of their operation. NNPC being exclusive buyers means that, they will reach an agreement with Dangote prompting them to only purchase PMS from Dangote for an agreed period of time. And, understanding that NNPC is in serious international debt with no international supplier willing to supply them Petrol. - One can arguably say that Dangote has gotten what he wanted, and is on course to secure Oil Monopoly. Recall that in July NNPC accused Dangote of seeking oil monopoly with poor fuel quality. Which frustrated him to to opt out of building a steel plant and suggesting that Dangote Refinery was up for sale. This morning Aliko Dangote used the opportunity to show Nigerians that the real color of quality fuel is "colorless", like water. And he assured Nigerians that, this is what they will be getting from his refinery, unlike the bad product that has been circulating the country for nearly three decades. Assuring Nigerians that their vechicles will last longer, and the environment will be safer. Dangote refinery will be the first refinery to work in Nigeria since 1996. Yet, Nigerians are saying it's not enough. That to properly combat the now natural fuel shortage, FG should allow independent suppliers to give NNPC competition.

Trending Explained

143,829 просмотров • 2 лет назад

Dangote Debunks NMDPRA's Claim on Inferior Refined Product, Says Refinery Produces Best AGO in Nigeria Against the narrative of the regulator, NMDPRA, our product today after test is 87.7ppm and by the end of August, we will be at 10ppm. All the laboratory certificates people are floating around to justify numbers are fake certificates. The demarketing of a company by a regulator who is supposed to act as a protector is very unfortunate. Dangote Refinery produces the best diesel in Nigeria. Aliko Dangote, President, Dangote Group
7:02

Dangote Debunks NMDPRA's Claim on Inferior Refined Product, Says Refinery Produces Best AGO in Nigeria Against the narrative of the regulator, NMDPRA, our product today after test is 87.7ppm and by the end of August, we will be at 10ppm. All the laboratory certificates people are floating around to justify numbers are fake certificates. The demarketing of a company by a regulator who is supposed to act as a protector is very unfortunate. Dangote Refinery produces the best diesel in Nigeria. Aliko Dangote, President, Dangote Group

ARISE NEWS

35,703 просмотров • 2 лет назад

“The land that Dangote has built the refinery on, was it given to him for free? Who are the subsidiary shareholders of the company?” – Nyandarua Senator John Methu raises questions about the newly launched oil refinery in Mombasa.
1:56

“The land that Dangote has built the refinery on, was it given to him for free? Who are the subsidiary shareholders of the company?” – Nyandarua Senator John Methu raises questions about the newly launched oil refinery in Mombasa.

The Kenyan Vigilante

10,973 просмотров • 11 дней назад

DANGOTE EAST AFRICA REFINERY: This post is for archives. It will be useful soon when the dust settles. Anyone who knows this government knows one thing, every popular project and program is usually the most vulnerable to Patronage. They always know you can always get away with anything and attack those who ask credible questions as “wale hawataki tujenge this or that”. We are all in support of Foreign Direct Investments and especially from our African investors like Dangote. The questions and responsibilities is on the Government of Kenya who must not blubber but just make everything public. 1. We asked about the shareholders of the Kenyan subsidiary of Dangote refinery - Dangote East African Refinery. The response from the President was lengthy but didn’t provide such a simple request. Who are the shareholders of the Kenyan Subsidiary of Dangote East African Refinery? Simple. No anger, no explanation. Just the shareholders list. 2. How much land are we ceding to Dangote refinery? Is the value being converted to Equity or shareholding? What is the value? 3. How much has Kenya committed to invest directly into Dangote East Africa Refinery? Is there premium in the amount? 4. In the Lagos Refinery, the company had to build their own infrastructure including a Port and roads. Will the investment done by the previous governments in regard to Port and all count for anything? How much? 5. Is there any agreement committing Kenya into off take of the refined products? At what cost? As I type this, Nigeria where Dangote Cement is dominant has the highest retail prices of Cement in Africa. This is based of policies and agreements like the ones we must now make public. If the government cannot provide these details, we will do so on their behalf. We are not asking these questions because we don’t know the details, we are only giving them a chance to do what a responsible government should do. We are African and Africa is our Business..
4:26

DANGOTE EAST AFRICA REFINERY: This post is for archives. It will be useful soon when the dust settles. Anyone who knows this government knows one thing, every popular project and program is usually the most vulnerable to Patronage. They always know you can always get away with anything and attack those who ask credible questions as “wale hawataki tujenge this or that”. We are all in support of Foreign Direct Investments and especially from our African investors like Dangote. The questions and responsibilities is on the Government of Kenya who must not blubber but just make everything public. 1. We asked about the shareholders of the Kenyan subsidiary of Dangote refinery - Dangote East African Refinery. The response from the President was lengthy but didn’t provide such a simple request. Who are the shareholders of the Kenyan Subsidiary of Dangote East African Refinery? Simple. No anger, no explanation. Just the shareholders list. 2. How much land are we ceding to Dangote refinery? Is the value being converted to Equity or shareholding? What is the value? 3. How much has Kenya committed to invest directly into Dangote East Africa Refinery? Is there premium in the amount? 4. In the Lagos Refinery, the company had to build their own infrastructure including a Port and roads. Will the investment done by the previous governments in regard to Port and all count for anything? How much? 5. Is there any agreement committing Kenya into off take of the refined products? At what cost? As I type this, Nigeria where Dangote Cement is dominant has the highest retail prices of Cement in Africa. This is based of policies and agreements like the ones we must now make public. If the government cannot provide these details, we will do so on their behalf. We are not asking these questions because we don’t know the details, we are only giving them a chance to do what a responsible government should do. We are African and Africa is our Business..

Ndindi Nyoro

253,289 просмотров • 13 дней назад

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 просмотров • 4 месяцев назад

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 просмотров • 1 год назад

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 просмотров • 2 лет назад

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

85,788 просмотров • 6 месяцев назад

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 просмотров • 6 месяцев назад

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 просмотров • 1 год назад

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 просмотров • 4 месяцев назад

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

85,304 просмотров • 6 месяцев назад

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

37,113 просмотров • 3 месяцев назад

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 просмотров • 2 лет назад

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 🇸🇰

27,299 просмотров • 7 месяцев назад

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

176,231 просмотров • 5 месяцев назад

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

328,602 просмотров • 5 месяцев назад