Dangote Accuses International Oil Companies In Nigeria Of Manipulating Petrol Prices

Рет қаралды 10,799

10 күн бұрын

International Oil Companies, IOCs, operating in Nigeria, seek to undermine the operations and profit margins of Africa's largest refinery, Dangote, by asking for high premiums for domestically produced crude oil.
A senior official of the refinery made the assertion while addressing the media.
The Vice President of Dangote Industries Limited, Devakumar Edwin adds that while the Nigerian Upstream Petroleum Regulatory Commission is trying its best to allocate crude oil to Dangote Refinery, the IOCs are willfully frustrating their efforts.
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Пікірлер: 68

@imotumbokanaka4157 7 күн бұрын

bros grow up, buhari have sold nigerian crude for advance loan for 3 years, those guys has already paid nigerian government , dangote will buy with dollars he knows that, if nigeria go to court, it will lose.

@trancepriest 8 күн бұрын

The curse will be broken brothers... by all our good will and actions... things will function well for Nigerians. This is a glorious fight. Beyond oil I see semiconductor chip manufacturing... huge growth for Africa. Thank you African brothers... love and respect from Jamaica.

@olumuyiwaabeabe9587 7 күн бұрын

The problems of petroleum refining in Nigeria and all Nigeria’s problems are just coming to the forefront. The military leaders and all their oil well allottees and benefactors- the cabal are the problem with our refining and hence our progress. They are all in agreement not to let Nigeria benefit from the resources of that country . They want it for themselves to keep them in Power over Nigeria. Nigerians should wake up and take the country back from these people ..They do not like what the Tinubu government is doing , he’s perceived as having duped them into believing he is one of them but now is quietly dismantling dismantling the gargantuan edifice that they have constructed to capture the soul and spirit of the Nigerian people .This fight against the old military leaders / Cabal of people has been going on during Buhari’s time and now they are aiming to return to power through Atiku who is one of their people . Nigerians should wake up . This only the beginning of the fight against the stranglehold of these oligarchs on the life of Nigerians .

@afinniolakunle473 5 күн бұрын

Thank you for bringing this up. It is just pathetic this is happening and the government should take action. Nation comes first, not individual rent-seeking behaviors.

@sunny-xu6vz 8 күн бұрын

A nation without a clear sense of purpose and direction may find itself vulnerable to the influence and control of other nations with more defined objectives and strategies. Nigeria currently lacks a clear direction and sense of purpose.

@mandybello9276 6 күн бұрын

Lacks outright political wills to do the right thing rather..

@idiaidia6082 8 күн бұрын

Let FG give Dangote oil well to enable him extract crude.

@Ukdk5180 4 күн бұрын

WHAT GOES AROUND COMES AROUND.. What happened to Port Harcourt refinery. You ain’t seen nothing yet. HOW DID HE MAKE THAT MONEY TO BUILD THE REFINERY?

@chijiokwuelvis7356 8 күн бұрын

Bko , there's complicit in this matter, our leaders are wicked, the rich has vowed to eliminate all the poor pple in Nigeria

@fatfarmers7360 7 күн бұрын

Why do you igbo people always sound stupid? What's the sense in what you said now?

@prudence7997 Күн бұрын

Do we keep mute and watch them?

@kabirumusa1350 8 күн бұрын

The Devil's Horn 🥳 begins to Emerge. Nigeria is a Country where if Things do not go Wrong; Wrong would be made go Things.

@danieltob6362 5 күн бұрын

Funny. Like the international oil companies don't work for our people . Abi we still dey under slavery?. No be still our people they use them?.

@izoduwaogbebor1373 4 күн бұрын

The Nigerian refinary should be given a special discount by the constitution.

@user-yy3qu5gn3u 3 күн бұрын

Pls what happened to our old refineries as well

@ojetolazion6328 2 күн бұрын

Thanks

@philob4902 3 күн бұрын

The Analyst on the left Mr. Jide is a patroitic Nigerian, judging from his thoughts and analysis.

@metrictonnes8971 8 күн бұрын

It’s now becoming clearer why the 3 state owned refineries defied all efforts by successive governments to work and remain operational. Thank you Dangote! Nigeria & Nigerians will win the international cartel behind our ordeal from time immemorial.

@mandybello9276 6 күн бұрын

You have just succinctly summed up my thoughts and submission on this critical matter. Ditto applies to fraudulent privatisation of PHCN to the current rogue Disco Companies under the supervision of the equally compromised NERC.

@izoduwaogbebor1373 4 күн бұрын

The federal government should immediately ban the importation of petroleum products.

@ekeneekene730 7 күн бұрын

Though I didn't finish listening, but if you , You the journalists those not call out the Names of the individuals both foreign and Nigerians involved in this , then you are Not Solving Anything.

@RobertMorgan-ne4tb Күн бұрын

Nigeria has 20% in dangote Refinery

@jacquesahouansou 5 күн бұрын

With the removal of subsidy, the price of fuel smuggled from Nigeria into Benin Republic has doubled over there. It is no longer profitable to buy "Kpayo" fuel. Motorists rather buy from gas stations. The better for Nigeria. Bad business for the smugglers!

@abayomiagunbiade3711 8 күн бұрын

It's now obvious, that, the same forces, hindering our refineries from working, are the ones against Dangote refinery now, I strongly believe there are people ( within/without) benefiting from the sufferings of Nigerians. Some of these people have their own refinery outside Nigeria, making hell of money from the travails of our country. President Tinubu should take the bulls by the horn & help us.

@livingroomtv9467 8 күн бұрын

MY God bless m

@prudence7997 Күн бұрын

I enjoyed the conversation and the angle from which the analysts looked at the issues. However, ending the conversation with "God will not allow them" is wrong. Amidst the conversation, they called on the president to take actionable steps to nip in the bud the sinister role of IOC in Nigeria, which is the right thing to do, but ending the conversation with "God will not allow them," signals the president and other in charge that the ball is no longer in their court. We cannot shift our responsibility to God. Nigeria's problem is within us, and until we realize this and prepare to engage in all it takes to resolve it, the problem will persist. While God has His role to play in all things, we must learn to strive to do our part first and wait for God, not expecting God to do everything for us.

@KunlireTemidayo-eq8vr 7 күн бұрын

not africa devt bank. It was afrix bank

@user-ho3mu2yx2j 3 күн бұрын

Western oil companies investing in Nigerian oil have gained pricing power over Nigerian crude oil, which is the fundamental reason for the problem

@user-ho3mu2yx2j 3 күн бұрын

We should not always rely on investment from Western oil companies, but strive to establish our own oil giant.Saudi Arabia has achieved this, and their Aramco market value has reached $2 trillion. They do not allow foreign oil companies to explore oil in Saudi Arabia

@alabivictorabiodun8237 7 күн бұрын

Bko pls is the progress on yahaya Bello's case with efcc

@adefemiojokanke5222 8 күн бұрын

That's why we told you that Nigeria is not a country Nigeria can never work

@mikhel7183 6 күн бұрын

be like agbado don dey short 4 dis orobo pocket! Is he now complaining about d failed promised take-off date for crude refining by his enslaver? He should calm down, ejoor! 😅

@joguns8257 6 күн бұрын

Tinubu is too slack on the Refineries. What he doesn't know is that time is ticking; Nigerians will judge him based on those Refineries working.

@oluwadareajayi3236 5 күн бұрын

Cabal together with Inec would secure 2nd term , I thought our election got him elected. Wise up brother. Nigeria election is simply a joke.

@olubiyimohammed7411 8 күн бұрын

THE DANGOTE V P SAYS THEY INCREASE THE A BARRELL WITH 6 DOLLARS, THEY REFUSE

@christiananyakora 7 күн бұрын

Are really humans in this country?

@livingroomtv9467 8 күн бұрын

Dey want to spoil Nigerian

@abayomiagunbiade3711 8 күн бұрын

Why should we be helping other countries/few wicked people prosper & we, Nigerians keep living, in penury? This oil belongs to us & not to other countries. The western world planned all this long time ago, when they introduced all this international prices etc. to make us serve them, forever.

@oyedepoolaoluwa2429 2 күн бұрын

Y do u think dey borrow u money. 😂 Even Buhari sold in advance

@moonlightchannel-wr1ud 6 күн бұрын

Enemy of progress is every were.some countries are benefiting from Africa downfall. Even china development and innovation make me to understand that the the good things you bring up some countries are not happy about that.

@livingroomtv9467 8 күн бұрын

@maquindesign9158 8 күн бұрын

Dangote wants to sell at a higher price. What he has done to the price of cement is what he wants to do to petrol....

@stephenadesanya 8 күн бұрын

Listen to the message before you comment

@waheedakinrinade3545 8 күн бұрын

Mumu dey smell

@AbdulafeezAbdulaihOgunsanya 8 күн бұрын

go and built your own cement plants and stop complaining about Dangote

@faskwillad4765 7 күн бұрын

Dangote should seek license to explore crude for his refinery. Shell is also selling their stakes in Nigeria i think Dangote can get it and also buy new oil fields that FG is selling. If Dangote in the course of building this refinery can break many grounds especially solving many problems associated with construction he can also do it.

@joguns8257 6 күн бұрын

@@faskwillad4765 The way AirPeace wanted to have monopoly?

@adeyemiyusuff6458 8 күн бұрын

JIDE YOU ARE TOO MUCH

@olubiyimohammed7411 8 күн бұрын

EFCC SHOULD QUICKLY ARESST THE C/O OF INTERNATIONAL OIL COMPANY BEFORE THEY RUN OUT OF THE COUNTRY

@godwinpatrick1763 8 күн бұрын

Efcc should arrest them because Nigeria government gave them money to produce oil? Government are taking taxes, sharing trillion every month from the proceed of oil. Do you the cost of drilling one deepsea well? Is easy for ignorant voice out on the Television.

@michaelfredrick6355 8 күн бұрын

Why are u people in the studio pretending not to know that the government is complicit in this game ?

@godwinpatrick1763 8 күн бұрын

TVC, before you go on talking what you don't know, First, ask Nigeria government or NNPC conditions given to IOC. Do you think that is easy to drill and complete one Deepsea well?

@derysylvester3180 8 күн бұрын

Nothing is easy in this world but it is been done anyway so what are u talking about?

@mandybello9276 6 күн бұрын

You tell us the peculiar conditions given to the IOC to operate in the upstream sector that is different from what is at stake in other oil producing countries.

@godwinpatrick1763 3 күн бұрын

Very different go to Saudi Arabia or Qatar, conditions are very different and favourable for investors. Here in Nigeria, oil wells drilling and production is done in Dollars. Supply boats and other services are charged in Dollars. How do you expect the investors to sell their investments in Naira? Dangote, when contracting the refinery, Emefiele sold Dollars to him at a very ridiculous rate to facilitate the project. Ask yourself, is Dangote buying oil from US with naira? Let be truthful to ourselves.

@BamideleAdegoroye 4 күн бұрын

What arrant nonsense. Who are the ioc, . This is not acceptable. I wonder what the president is doing!

@KunlireTemidayo-eq8vr 7 күн бұрын

not africa devt bank. It was afrix bank

@Ukdk5180 4 күн бұрын

WHAT GOES AROUND COMES AROUND.. What happened to Port Harcourt refinery. You ain’t seen nothing yet. HOW DID HE MAKE THAT MONEY TO BUILD THE REFINERY?