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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...

84,483 次观看 • 2 年前 •via X (Twitter)

10 条评论

Arsenalboi 的头像
Arsenalboi2 年前

(1/2) $20b that's the amount of money he injects into the Nigeria economy do you even understand what that means?? and if all the importers will turn to Dangote to buy the product do you understand what that means??? it means steady, stronger Naira

The Learning… 的头像
The Learning…2 年前

What Dangote said wasn’t 💯 true. What NNPC said wasn’t 💯 lie. But the issue is that NNPC brought down their refineries because of corruption. So if NNPC want our support to fight Dangote who built his refinery and ready for business, they shld revive all our refineries.

⭐️Fęmi ⭐️ 的头像
⭐️Fęmi ⭐️2 年前

The cabals have sent you on a short PR gig ba?! It will end in tears 😭

ABM🇳🇬 的头像
ABM🇳🇬2 年前

The video doesn't correlate with what you typed, bro. What are you trying to pass?

Abu Fareedah 的头像
Abu Fareedah2 年前

As a regulator, he can do whatever to break the monopoly in the oil industry and will surely be good for Nigerians. But crossing the line as a regulator to the extent of condemning a competitor's products, is totally bad, unprofessional and unacceptable

ibrahim tafida 的头像
ibrahim tafida2 年前

How can he dominate the market when we have the govt refineries and also BUA will soon join the market and other modular refineries. This guys are trying to protect their primary source of income which is importation of refined product that is the only work of nnpc

BABBA_AGK🪡 的头像
BABBA_AGK🪡2 年前

Some people just hate dangote, that’s why they are always against him for everything. In a serious country, if a domestic investor can invest upto $20b he should be given the government direction especially on economic matters. Unless in nigeria where there are alot of cabal

abdoul23i 的头像
abdoul23i2 年前

But why is he saying the refine oil is not up to standard

muhd 的头像
muhd2 年前

The nnpc refineries he’s talking about are not enough to satisfy the demand of the country that was why importation was necessary, dangotes on the other hand is more then enough that Nigeria will start exporting so I think he’s just making a fool of himself saying all this!

Icon 🇳🇬🇳🇬 的头像
Icon 🇳🇬🇳🇬2 年前

It seems the presidency is confused. U have a solution to your Fx crisis and u stil want to sustain importation bcos of risk of monopoly. Was risk of monopoly not the reason Buhari 1. Directed @nnpclimited to take 20% shares of the Dangote refinery 2. Supports establishment of modular refineries 3. Commenced total overhaul of port harcourt and Warri refineries

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HOW INTL OIL ‘SABOTAGED’ AFRICAN REFINERY Neo-colonialism, as defined by Kwame Nkrumah, is the practice of using economic, political and cultural tools to control a country without direct military occupation. The effective sabotage in 2024 of Nigeria’s Dangote Refinery is a textbook example of neo-colonialism at play. It demonstrates how multinational corporations and foreign governments work together to maintain a system that benefits the West at Africa’s expense. When Africa’s richest man, Aliko Dangote, announced his ambitious plan to build a $20-billion refinery in Nigeria, it sent shockwaves through the oil industry. Its goal is nothing short of revolutionary: to meet Nigeria’s domestic demand for refined petroleum products, eliminate the need for imports and even export to other African countries. But such a move was never going to be welcomed by those who benefit from the status quo. One of the most blatant acts of sabotage came from international oil companies, which essentially refused to sell Nigerian crude oil to the Dangote Refinery. Instead, they demanded a $6 premium above the market price, a move designed to make the refinery’s operations financially unviable. Forced to look elsewhere, the Dangote Refinery had to source crude oil from Brazil and the United States at higher costs, further straining its operations, even though the local market desperately needs petroleum products and the country wastes fortunes importing them. The sabotage of the Dangote Refinery is a stark reminder that the fight for African independence is far from over. While the days of formal colonialism may be behind us, the structures of exploitation remain firmly in place. Over the years, numerous attempts by African nations to build refining capacity and move up the value chain have been thwarted by the stranglehold of foreign corporations. For example, Angola, Africa’s second-largest oil producer, exports most of its crude oil - while importing over 80% of its refined petroleum products. Efforts to build local refineries have been repeatedly delayed or derailed, often due to pressure from foreign interests. The situation extends beyond oil. Africa’s vast reserves of minerals, timber, and agricultural products are similarly exported as raw materials, with the value-added processing taking place in Europe, North America, or China. Despite the interference, it’s hoped Dangote’s refinery will - eventually - boost pan-African integration and pave the way for a more self-reliant energy future across the continent.

African Stream

13,884 次观看 • 1 年前

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 次观看 • 2 年前