Heat this and have peace, subsidy has been removed according to the budgeting allocation as then even if the president didn't utter any word with regards to that, if he didn't say so, will that bring money for subsidy as at then?!
Why refine locally and you can't get the price below #500. NNPC should work with Dangote to achieve this. Produce more crude and sell at wellhead markup to Dangote. Dangote should extend his pay back period as well to accommodate this price. His profitability model and PBP seems too front loaded.
The reason why they are having an ISSUE is because of one word....capitalism. The government is trying to make money off their oil from their own people. They are not in the business of selling oil to general public. Saudi Arabia sells oil to the world. Most African countries sell oil ONLY to their own population. The oil companies run a beautiful scheme. They discover your oil and they turn around and sell it back to you for a profit while making money off the surplus. You only make money from the sell to the oil company. You have to buy back your own oil and then sell it to your own people. The oil refinery is going to be more trouble than good. People are going to get jealous of the refinery ESPECIALLY when they realize there is no savings. The refinery can work. It has to work for the good of the country. Create low gas prices and no ques. The government has to kick all private gas companies out. They have to control all gas stations so that they have an absolute monopoly to maximize revenue. They also have to buy a stake in the refinery. Nigeria biggest mistake was NOT to buy a 50% stake in the refinery. Africans are stupid like that. Having stake in the refinery. You are able to create revenue global from other African countries who cannot refine their oil. Buy and refine and sell back to the export country at lower prices than the Saudis. This creates a free market. Capitalism and greed are most countries downfall. Nigeria is going to show you exactly what I am talking. This is an excellent case study about to happen before your eyes.
I hope are still reminding that animal you have as your president that is few months to complete his 2 years in power His ojegida Molulee Ojesikolo Molulee Ojeginiwa Molulee His turn to show Nigerian shege and renewed hopeless agenda That fuel is #1500 from #30 per a liter in the last 20 years ago. ? Is he still building Nigeria as he built Lagos state or did he forget his tools ? Read "Goodluck Jonathan pushed us into this mess called APC regime. No matter how bad PDP was, its time was milky. The two can't be compared for whatever reason. Buhari is way better than Tinubu. Anybody who claims it's their turn in anything at all is a timed disaster. We've seen it in Tinubu and other examples. Tinubu and Buhari are never PDP members, so, they should have exemplified how better they were than PDP elements. Jonathan disappointed us in 2015. The blood he was afraid of flowing if he dared to retain the seat has quadrupled in flowing since the inception of APC. We would have been managing PDP as bad as its leadership was. If the current economic situation persists, Aso Rock won't be large enough to accommodate hungry and frustrated Nigerians. This will happen organically. It will not be planned." Empty threat deceived him to handover to ghost now ghost has handover to spirit Nigeria is shaking just like he was shaking 2023
Heat this and have peace, subsidy has been removed according to the budgeting allocation as then even if the president didn't utter any word with regards to that, if he didn't say so, will that bring money for subsidy as at then?!
Okay.. Okay
Why refine locally and you can't get the price below #500. NNPC should work with Dangote to achieve this. Produce more crude and sell at wellhead markup to Dangote.
Dangote should extend his pay back period as well to accommodate this price. His profitability model and PBP seems too front loaded.
The reason why they are having an ISSUE is because of one word....capitalism.
The government is trying to make money off their oil from their own people. They are not in the business of selling oil to general public.
Saudi Arabia sells oil to the world. Most African countries sell oil ONLY to their own population.
The oil companies run a beautiful scheme. They discover your oil and they turn around and sell it back to you for a profit while making money off the surplus. You only make money from the sell to the oil company. You have to buy back your own oil and then sell it to your own people.
The oil refinery is going to be more trouble than good. People are going to get jealous of the refinery ESPECIALLY when they realize there is no savings.
The refinery can work. It has to work for the good of the country. Create low gas prices and no ques. The government has to kick all private gas companies out. They have to control all gas stations so that they have an absolute monopoly to maximize revenue. They also have to buy a stake in the refinery. Nigeria biggest mistake was NOT to buy a 50% stake in the refinery. Africans are stupid like that. Having stake in the refinery. You are able to create revenue global from other African countries who cannot refine their oil. Buy and refine and sell back to the export country at lower prices than the Saudis. This creates a free market.
Capitalism and greed are most countries downfall. Nigeria is going to show you exactly what I am talking. This is an excellent case study about to happen before your eyes.
I hope are still reminding that animal you have as your president that is few months to complete his 2 years in power
His ojegida
Molulee
Ojesikolo
Molulee
Ojeginiwa
Molulee
His turn to show Nigerian shege and renewed hopeless agenda
That fuel is #1500 from #30 per a liter in the last 20 years ago. ?
Is he still building Nigeria as he built Lagos state or did he forget his tools ?
Read
"Goodluck Jonathan pushed us into this mess called APC regime. No matter how bad PDP was, its time was milky. The two can't be compared for whatever reason.
Buhari is way better than Tinubu. Anybody who claims it's their turn in anything at all is a timed disaster. We've seen it in Tinubu and other examples.
Tinubu and Buhari are never PDP members, so, they should have exemplified how better they were than PDP elements.
Jonathan disappointed us in 2015. The blood he was afraid of flowing if he dared to retain the seat has quadrupled in flowing since the inception of APC.
We would have been managing PDP as bad as its leadership was.
If the current economic situation persists, Aso Rock won't be large enough to accommodate hungry and frustrated Nigerians.
This will happen organically. It will not be planned."
Empty threat deceived him to handover to ghost now ghost has handover to spirit
Nigeria is shaking just like he was shaking 2023