PMS Refining: It's Likely that Dangote Will Purchase Crude Oil at International Prices - Ihetu

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  • Опубліковано 16 жов 2024

КОМЕНТАРІ • 75

  • @debrawarren2362
    @debrawarren2362 10 місяців тому +1

    Congratulations, keep moving forward Aliko Dangote and the Dangote Group.

  • @debrawarren2362
    @debrawarren2362 10 місяців тому +1

    Congratulations, Aliko Dangote for all of the hard work that you , your family, and staff have performed on behalf of your goals, and mission. May God continue to bless you, your family, staff and Africa and it's people.

  • @olayinkaadeleye3134
    @olayinkaadeleye3134 10 місяців тому +8

    You need to bring in people from Dangote Industries Limited to talk about their refinery. The project manager and the operations manager for the refinery will be better equipped to answer your questions.

  • @debrawarren2362
    @debrawarren2362 10 місяців тому +1

    Hi, my cell was hacked, my computer was hacked. Someone that knows about technology, is typing negative comments that I surely did not type. I am always very positive most of the time concerning the progress of Africa and African People.

  • @debrawarren2362
    @debrawarren2362 10 місяців тому +1

    Dr. Claude Anderson Inappropriate Behaviour A Road Block To Empowerment.

  • @IkechukwuAugustine-xg2ys
    @IkechukwuAugustine-xg2ys 10 місяців тому

    Nice and good

  • @debrawarren2362
    @debrawarren2362 10 місяців тому +1

    I am tired of my computer and cell phone being hacked and imposters putting negative comments on this platform.

  • @mediatoryemiakisanya1541
    @mediatoryemiakisanya1541 10 місяців тому

    Direct and frank answers - no posturing or playing to the gallery - from an eminently qualified guest speaker. Underscores the continuing reality: that all the answers and solutions are not hidden, and do not require rocket science. Always boils down to two things: 1. Is there the will in appropriate quarters to do what needs to be done? 2. Can private self-serving interests be set aside, for once, and these solutions vigorously pursued?
    On a more positive note, it is now clear that Nigeria needs, is long overdue for a distinct Mid-stream of Pipeline Operators, separate and distinct from the E&P operators!
    Thanks to Dr. Ihetu for candid, experience driven insights and to Rufai, for an excellent interview.

  • @godfreyunaka6938
    @godfreyunaka6938 10 місяців тому +4

    Dangote refinery is a for profit privately owned company, he will buy crude at the international price in dollars, and will sell crude to any willing buyer at the international price in dollars. So prices will go down when the international price drops and will go up when the price goes up. Its called the free market. The only other way the price can come down is if the exchange rate between the Naira and the dollar improves. Tinubu made a big mistake in floating the Naira. Now putting it in perspective if 1USD is over a 1000 Naira, then 600 Naira is about 60 cents which means you are paying about 2.4 dollars a gallon which is still globally quite cheap. Note the guest did not explicitly say it but corruption is why crude is stolen, pipelines not working, and the 4 refineries are not working. Until Nigerians tackle corruption nothing will work properly. Naija we hail thee an upside down abnormal Country

    • @sterlingferguson1704
      @sterlingferguson1704 10 місяців тому +1

      Great comment, however, Tinubu had no choice, but to float the Naira because this country is broken.

    • @philob4902
      @philob4902 10 місяців тому +1

      @@sterlingferguson1704 And may be one of the requirement in Order to get loans from those bodies ready to borrowing Nigeria at a very high interest rate.

    • @philob4902
      @philob4902 10 місяців тому +1

      Why do People compare the price of fiel abroad to the Preis in Nigeria. The Minimum 😀 wage in American is almost 2Million Naira. So the Money or loans in Nigeria are wide apart. It is wrong to try to convert the Preis of Petrol per Litre to that of Nigeria.

    • @philob4902
      @philob4902 10 місяців тому +1

      We are Oli producing Why should Nigeria be forced to buy her own oil in foreign currency? We should Take an Advantage as an oil producing Country excecpt the multi National Companies exploiting the oil in Nigeria wants to enslave Nigeria.

    • @sterlingferguson1704
      @sterlingferguson1704 10 місяців тому

      That refinery costs 19B USD and has to be paid in dollars plus interest. The oil has to be sold in dollars to make a profit. @@philob4902

  • @nelsonemmanuel900
    @nelsonemmanuel900 10 місяців тому

    Arise news need to invite NNPC CEO and dangote production director for more clarification

  • @debrawarren2362
    @debrawarren2362 10 місяців тому +1

    The African Diaspora News Channel. Them Folks had To Change The Image of Christ For The World To Accept The Con.

  • @ted.n9609
    @ted.n9609 10 місяців тому +2

    There is nothing like cleaning up the pipes before the the refinery kick out the product. Arise producers should invite refinery technical experts to shade lights on how refinery works. Why inviting somebody who has not much to contribute to the discursion. Why should Nigerian refineries be buying crude at international market price.

  • @persiusonime1509
    @persiusonime1509 10 місяців тому +1

    Nigeria does not necessarily have to sell to dangote and other refineries at exact crude oil price. Marginal reduction could help cushion higher pms prices especially

    • @olayinkaadeleye3134
      @olayinkaadeleye3134 10 місяців тому +1

      That is how corruption will start. Sell at international price please.

    • @persiusonime1509
      @persiusonime1509 10 місяців тому

      @@olayinkaadeleye3134 In the absence of proper transparency,this is likely going to be the outcome

  • @oluseyedavidalo2420
    @oluseyedavidalo2420 10 місяців тому

    What's the public got to do about details of what a new refinery is doing if not that Nigeria has become a theatre of the absurd. I don't think the public's anxiety was pushed to the limits in the 60s and 70s when Portharcourt, Warri and Kaduna refineries were built and commissioned.

  • @okhuarobonosa415
    @okhuarobonosa415 7 місяців тому

    Last last the refinery done done dey refine fuel.for nigerians now

  • @persiusonime1509
    @persiusonime1509 10 місяців тому

    Too many questions going unanswered. Let's not hip our hope on the dangote refinery alone.

  • @okhuarobonosa415
    @okhuarobonosa415 10 місяців тому +4

    The refinery is not yet ready just be clear to the people, why buhari open a refinery that is not working yet

    • @afolabifatusin7211
      @afolabifatusin7211 10 місяців тому

      Go and complete it

    • @okhuarobonosa415
      @okhuarobonosa415 10 місяців тому

      @@afolabifatusin7211 mugu I will go complete it

    • @philob4902
      @philob4902 10 місяців тому +1

      ​​@@afolabifatusin7211What a Sense free answer. Is He the contractor? Was he the one who established this company even with so much support from the Nigerian State. A Country without technology that shall be an Up hill Task.Why waste the Money If you are Not capable.

    • @MyKing22896
      @MyKing22896 10 місяців тому

      @@afolabifatusin7211 Why cant you build your own refinery, invite Buhari to commission it, and make it ready?

    • @okhuarobonosa415
      @okhuarobonosa415 10 місяців тому

      @@MyKing22896u how just senseless

  • @saiduabdul4635
    @saiduabdul4635 10 місяців тому +2

    Salient point.... If Nigeria produces 1.6MBD only half of that belongs to Nigeria, the remaining half belongs to the JV responsible for the mining..... So we need to start doing calculation with half of whatever is announced as our production capacity.... 🤥🤥🤥

  • @maquindesign9158
    @maquindesign9158 10 місяців тому +1

    This is the size of ocean tanker used to steal crude in Nigeria. JTF and the Nigerian Navy will catch these ones. That CAN they burnt some months ago was a joke. 😅

  • @el-sig2249
    @el-sig2249 10 місяців тому

    Where are the NNPC and Dangote officials
    Any other person trying to answer questions is only speculating.

  • @oladmejiakogun1263
    @oladmejiakogun1263 10 місяців тому

    I told y’all dangote refinery won’t bring down price but goat 🐐 Nigerians won’t listen dejavu

  • @chitokussein
    @chitokussein 10 місяців тому

    Dangote will. End up exporting everything if these challenges continue
    Africa eeeeeh

  • @timothydayo6571
    @timothydayo6571 10 місяців тому

    Not only 33,000 lts trucks capacity, there's 40,000lts, 45,000,50,000 and 60,000

  • @oladmejiakogun1263
    @oladmejiakogun1263 10 місяців тому

    This is what u get when u don’t have interstate trains??

  • @CuriousConnoisseurs
    @CuriousConnoisseurs 10 місяців тому

    The Background noises are annoying. Like closing doors and so on.

  • @Mzee2t
    @Mzee2t 10 місяців тому

    There is too much publicity and events on this refinery already. They should start operations.

  • @dagogodboss6766
    @dagogodboss6766 10 місяців тому

    Hope he is paying for the crude because Nigerians will pay for the refined products.

  • @akpowarri3504
    @akpowarri3504 10 місяців тому

    Why Nigeria requires a more developed rail and river network.

    • @TabsT-vy5jy
      @TabsT-vy5jy 10 місяців тому +1

      need a more developed everything. They couldve redeveloped the coal mining in enugu

  • @okhuarobonosa415
    @okhuarobonosa415 10 місяців тому +2

    Nigerian have start with there story again crude oil with take day to start refining story upon story

    • @francesca-en8nm
      @francesca-en8nm 10 місяців тому

      😂 😂 😂 😂 😂 😂 😂😂😂😂 Agbadorians

  • @timothydayo6571
    @timothydayo6571 10 місяців тому

    With due respect to your guess and your station, i disagree with the analysis base on the fact that he's not an expert in refined expert according to his statement and he doesn't knows many things, he not quite sure, etc, bring expert in order to enlightened your viewers.

  • @NuaVictor
    @NuaVictor 10 місяців тому

    Una don start

  • @philob4902
    @philob4902 10 місяців тому +4

    From the temple of truth it is alleged that only 50%of the so called refinery is ready and May be it shall take Up to 5years , If a at all to refine Petrol from this facility.The question is why are they scaming Nigerians? First by commissioning a refinery that is not ready to produce Petroleum products. Could it be the reasons they are saying even with Dangote Refinery,Nigerian shall still buy fuel at the current price If Not more? Because the refinery is a scam?

    • @Mike_tradehub
      @Mike_tradehub 10 місяців тому

      Hey you don’t know what you are saying absolutely nonsense

    • @isyakubalaibrahim
      @isyakubalaibrahim 10 місяців тому +1

      simply your opinion, when it starts bringing out refined products january 2024, this 'scam" then delivers to Nigerians and africans. traducer like you are expected.

    • @Mike_tradehub
      @Mike_tradehub 10 місяців тому

      @@isyakubalaibrahim Maybe he is a Ghanaian bad belle jealous people Dangote Refinery ranks the seventh best and biggest in the world higher than the once in the USA

    • @ayantolasaheed7425
      @ayantolasaheed7425 10 місяців тому

      ​@@Mike_tradehubHe is IPOBIDIENTS....they hate good news from Nigeria especially from a fulani man!

  • @ovalinnocent6398
    @ovalinnocent6398 10 місяців тому

    Is going to pay or just scam Nigerians.

    • @ebenezeradeola4159
      @ebenezeradeola4159 10 місяців тому

      It's definitely a blessings in disguise for the country at large and also the world.

  • @timothydayo6571
    @timothydayo6571 10 місяців тому

    How can you bring this kind of man to this significant issi, Arise news is gradually having a bad reputation.

    • @dorisc.9073
      @dorisc.9073 10 місяців тому

      Do you know him..?
      You shouldn’t open your snout and talk when professionals are talking, you’re only exposing how ignorant you are.

  • @steveidogun7656
    @steveidogun7656 10 місяців тому +1

    The negativity of Rufai alongside his assuming nature riles me. You cannot ask a question and will not allow the guest to answer freely. If you can answer the question, then be the guest. Our country is making progress slowly but surely. Does it take rocket science to know that if fuel is produced locally, it will reduce the pressure on the naira?

  • @TabsT-vy5jy
    @TabsT-vy5jy 10 місяців тому

    This guy didnt even do anything for this segment. He started off saying he is not expert of refinery. Yet somehow is former director of NNPC. See how useless nigeria has been. This dangote refinery is doomed, nigeria is doomed.

    • @ayantolasaheed7425
      @ayantolasaheed7425 10 місяців тому

      Personalize it...say "YOU ARE DOOMED"....Allow other Nigerians to say theirs!

    • @TabsT-vy5jy
      @TabsT-vy5jy 10 місяців тому

      @@ayantolasaheed7425 I see you work for government

  • @OkechukwuChinonso-fb2sl
    @OkechukwuChinonso-fb2sl 10 місяців тому

    These guest in the studio must be drunk by the way he is analyzing the issues