blamingthedevil:
Nigeria to Compel Oil Firms to Sell Crude to Domestic Refineries

lowkey0147:

Dangote and this useless business monopoly; why can't he accept comp

ivolt:

Mr competitor, do you own a refinery?
Do you even understand the topic?

lowkey0147:

Dangote and this useless business monopoly ; why can't he allow competitions so people can make choices..

Give him 2yrs and see him tripple his price, same way he duped Nigerians with cement and the rest of his products.

article1:
Did Dangote stop anyone from building private refinery?Build your own refinery and join the competition and then see whether Dangote will stop you or not.

lowkey0147:

Since you understand it, then tell us why they want to compel the market because dangote joined the refinery business..

Use ur ewedu head for once.

ivolt:

Compel which market?
The Federal Government owns the oil and it can direct where it should be sold or not.
Why are you angry that local refineries may be prioritised and why
are you crying on behalf of the imaginary market?



I knew you were very dull given your initial response, I mentioned you
so you don't mislead unsuspecting readers.

lowkey0147:

Dangote and this useless business monopoly ; why can't he allow competitions so people can make choices, why compelling the global market because of one man?..

Give him 2yrs and see him tripple his price, same way he duped Nigerians with cement and the rest of his products.

michlins:
what is this nonsense you just uttered?


The biggest manufacturer of this continent. This type of hate will destroy you and instead of you to learn how he made it, you will be wallowing in your hate

You don't want Nigeria to prioritize and protect local manufacturers but you want them to grow

lowkey0147:

Shut up.. the hate is already destroying you with ur ab*ki brain, dumb f*ckers.

No thinking faculties at all.

michlins:
well I employ about four to five people. How many people do you directly employ?

You think life is about talking without sense on social media. You will come back to the job market and beg Dangote for a job

lowkey0147:

You're a big proud f**l..

Do you know if I'm richer than you? Stop making urself appear like a fool.

michlins:
your life revolves around sex so that is just about it.

Until you can do something exceptionally well and need to employ others in the venture, you have zero right to criticize people who kill it out there

michlins:
your life revolves around sex so that is just about it.

Until you can do something exceptionally well and need to employ others in the venture, you have zero right to criticize people who kill it out there

The Federal Government through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has introduced new regulations requiring its oil producers to sell crude oil to local refineries in a move to reduce the country’s dependence on imported refined products.

The new regulations mandate that all oil companies in Nigeria must supply crude to domestic refineries that are unable to procure it locally. Only after fulfilling these domestic supply commitments are producers permitted to export crude.

The NUPRC will serve as a middleman between local refiners and producers when agreements on crude supply cannot be finalized, helping to arrange a sales purchase agreement based on a willing-buyer, willing-seller model.

According to the regulations, payments for crude to domestic refiners can be made in dollars, naira, or a combination of both.

The regulator plans to implement the Domestic Crude Oil Supply Obligation initiative in the second half of the year. The specific quantity of crude each refinery is required to procure has not yet been determined.

lowkey0147:

Since you understand it, then tell us why they want to compel the market because dangote joined the refinery business..

Use ur ewedu head for once.

hakeemhakeem:


If fg had said everyone should fly air peace before foreign air lines hope you aren't going to say this.once the local refinery are fully supply there's no needs of importing petrol and co

lowkey0147:

And ofcourse he didn't do it, because it wasn't the dangotees.
How many businesses will dangote monopolize in this country before you punks get the message.

Illiteracy is the major problem nigeria is having today.