If passed in its current form, the Senate version of the Petroleum Industry Bill will only permit two entities to import petroleum products into Nigeria: those who own active refining licenses and the Nigeria National Petroleum Corporation Limited.
The law also provides for the continuation of the NNPC's Direct Sale Direct Purchase contract, which experts have questioned for being fraught with inconsistencies. Backward integration primarily refers to a move by companies to source materials they imported prior locally. "Import volume to be allocated between participants based on their respective production in the preceding quarter."
"Players like Walter Smith, who are just doing about 5,000 liters of diesel, will get little or no quota if they have to import PMS based on their production in the previous quarter." "If you have someone with a refinery whose cost is too high, the person could go to Ghana where it is cheaper and bring in the product, effectively leaving his plant moribund. Everybody should be allowed to import."
AlikoDangote DangoteGroup NNPCgroup I wonder the type of advisers you people have in this abomination called country
AlikoDangote DangoteGroup NNPCgroup eranAbamie Emerald06244144 seen this yet?
AlikoDangote DangoteGroup NNPCgroup A Great Prophet once said “Dangote, Dangote, still dey find money” and we all slept on the message . . ❤Follow for love.. I Follow Back immediately👍😂🏃
AlikoDangote DangoteGroup NNPCgroup CBN restricts sugar Importation to Dangote, BUA, FMN. Aliko Dangote and Abdulsamad Rabiu will come out tomorrow, and tell the youths & others to work hard, they won't talk about the privileges and government backings that made them Billionaires in dollars. God dey sha.
AlikoDangote DangoteGroup NNPCgroup These niggas wild af It's so obvious
AlikoDangote DangoteGroup NNPCgroup Capitalism make few rich,millions poor
AlikoDangote DangoteGroup NNPCgroup The greed of one man. They have handed this whole country over to him. Evil
AlikoDangote DangoteGroup NNPCgroup Isn't the Dangote refinery's function to produce same fuel they'd be importing?
AlikoDangote DangoteGroup NNPCgroup All of you sharply commenting , have yu all find time to read and digest the PIB bill?
AlikoDangote DangoteGroup NNPCgroup olaniyihassan01 Hassan_usman01 Now you see why Atiku advise we privatize the Nnpc
Divineze AlikoDangote DangoteGroup NNPCgroup The government favors dangote a lot
AlikoDangote DangoteGroup NNPCgroup Can you imagine
AlikoDangote DangoteGroup NNPCgroup Rigged
AlikoDangote DangoteGroup NNPCgroup what sort of hegemonic bill is that ?
AlikoDangote DangoteGroup NNPCgroup This wrong they know it but greed won't make do want is right, competitiveness makes great economy
AlikoDangote DangoteGroup NNPCgroup Post colonization is what we are experiencing
AlikoDangote DangoteGroup NNPCgroup That is slavery
AlikoDangote DangoteGroup NNPCgroup How they want to turn national cake to family inheritance...asif they won't die...please what's the reward or award for wickedness self
AlikoDangote DangoteGroup NNPCgroup That’s terrible
AlikoDangote DangoteGroup NNPCgroup The law and the authorities should protect the market (other players including Nigerian entrepreneurs) and the consumers rather than encourage monopoly/duopoly by locking out competition.
AlikoDangote DangoteGroup NNPCgroup Steal big from us and give back crumbs... typical Almagiri Republic of Nigeria
AlikoDangote DangoteGroup NNPCgroup Nigeria is useless and zoo country
AlikoDangote DangoteGroup NNPCgroup Wetin dey happen for this Nigeria bikonu!
AlikoDangote DangoteGroup NNPCgroup Northern agenda, total islamization
AlikoDangote DangoteGroup NNPCgroup When there's a total 'DISCONNECT' between the people and their Representatives, what more do you expect? Once they are favored enough, they just move on to the next agenda of the day & get paid for sleeping.
AlikoDangote DangoteGroup NNPCgroup Monopolies billonia even if your a moron you will be the richest man in the world not only Africa
AlikoDangote DangoteGroup NNPCgroup Baddest northerner's agenda to recolonize us It won't work
AlikoDangote DangoteGroup NNPCgroup Dis guys wealth is simply the government policies supporting him. Dats why he is not supporting the masses
AlikoDangote DangoteGroup NNPCgroup God, please punish Luggard and everyone that signed that document than is still binding us together since 1914.
AlikoDangote DangoteGroup NNPCgroup Fulanization in full gear!
AlikoDangote DangoteGroup NNPCgroup The last time I checked Dangote is not building refinery to import fuel
AlikoDangote DangoteGroup NNPCgroup Is this your genius businessman?
AlikoDangote DangoteGroup NNPCgroup Did you see the one Nigeria? Very soon there won't be a country called Nigeria.
AlikoDangote DangoteGroup NNPCgroup Dangote is a criminal I swear
AlikoDangote DangoteGroup NNPCgroup One day that refinery will be nationalized.
AlikoDangote DangoteGroup NNPCgroup And where are the Southern Law Makers during the debate.
AlikoDangote DangoteGroup NNPCgroup Islamization.. Islamization... Southerners wake up
AlikoDangote DangoteGroup NNPCgroup This is creating monopoly and giving opportunity for inefficiency. Subsidise production by giving him cheap crude oil. If you must do it it must be via regulation not laws that are meant to be immutable
AlikoDangote DangoteGroup NNPCgroup One Nigeria
AlikoDangote DangoteGroup NNPCgroup That has always been their hidden plan... MaziNnamdiKanu said it more than a thousand times... Our refineries were purposely shut down in other to build dangotes refinery in the West... But fools don't know...
AlikoDangote DangoteGroup NNPCgroup So the SS people who shout 'Our Oyel' will keep quiet. If na Igbo muscle go full their useless body
AlikoDangote DangoteGroup NNPCgroup Okay let's see how it goes. When boys for creek begin blast pipeline even one drop of oil una no go see. He be like say all of una dey ment.
AlikoDangote DangoteGroup NNPCgroup Bribery and corruption finished southern leaders 🤣
AlikoDangote DangoteGroup NNPCgroup Why should he import when he is in the business of refining. The mega refinery is not supposed to be a white elephant.
AlikoDangote DangoteGroup NNPCgroup Sometimes I asks myself is Dangote the only Nigerian who have access to all Government back up ?
AlikoDangote DangoteGroup NNPCgroup Nigeria has proven to be a corrupt business enterprise,from Royal Niger company owned by British Gov't to Dangote owned by Fulani northerners. How can 200 massive million people be held ransom under this evil umbrella? Every Patriot angry with this shit should rise up against her
AlikoDangote DangoteGroup NNPCgroup The funny thing is that they finish selling Nigeria, Nigerians will still be the ones to be enslaved...
AlikoDangote DangoteGroup NNPCgroup Seriously
AlikoDangote DangoteGroup NNPCgroup The main question is why do our southern politicians let these guys have their way?
AlikoDangote DangoteGroup NNPCgroup One Nigeria kwenu heey!!! One Nigeria kwenu heey!!! One Nigeria kwezuonooooo heeeeeeeeee!!!!!!!!!!!! zoo🇳🇬
AlikoDangote DangoteGroup NNPCgroup Woh! I don’t want to believe this. We can’t be this dumb in a Nigeria. No
AlikoDangote DangoteGroup NNPCgroup They're doing everything to move wealth out of Nigeria
AlikoDangote DangoteGroup NNPCgroup The government of Fulani, by Fulanis and for Fulanis. MAD ANIMALS EVERYWHERE IN THE ZOO🇳🇬
AlikoDangote DangoteGroup NNPCgroup ONE-NIGERIA for FULANI JANJAGWEEDISM CALIPHATE, those who think NIGERIA IS ONE, this NEWS is for you, ALL HAIL BIAFRA and ODUDUWA NATION.
AlikoDangote DangoteGroup NNPCgroup I know that already and then gas prices are going to be high than our imaginations
AlikoDangote DangoteGroup NNPCgroup Majority of Nigerian woes can be traced to this monopoly king aka dangote. When will he be stopped?
AlikoDangote DangoteGroup NNPCgroup Monopoly
AlikoDangote DangoteGroup NNPCgroup etubom_virtuoso otida
AlikoDangote DangoteGroup NNPCgroup Import license racket is about to start again.
AlikoDangote DangoteGroup NNPCgroup Cry 😿 more if it pains you.
AlikoDangote DangoteGroup NNPCgroup Who doesn’t know this?
AlikoDangote DangoteGroup NNPCgroup Those Southern one Nigerianists, over to you.
AlikoDangote DangoteGroup NNPCgroup and their lies . Anyway those who will believe will still do
AlikoDangote DangoteGroup NNPCgroup mayorofnigeria
AlikoDangote DangoteGroup NNPCgroup Yimu make I hear say e work
AlikoDangote DangoteGroup NNPCgroup This man will buy the whole Nigeria one day. How can a person be controlling the economy of 200m citizens...
AlikoDangote DangoteGroup NNPCgroup Federal Republic of N̵i̵g̵e̵r̵i̵a̵ ̵ Dangote
AlikoDangote DangoteGroup NNPCgroup Outrightly fulanizing the importation of refined petroleum products into the Country pending when non fulanis have refineries, outside the moribund NNPC's refineries. Kudos to Fulanization agenda of Fascist PMB's Regime.
AlikoDangote DangoteGroup NNPCgroup The one Nigeria
AlikoDangote DangoteGroup NNPCgroup Dangote is a foolani man and an illiterate, if giving the kind of opportunity he has I will become world richest man.. that’s what you see from a fool in a top position they don’t see from every angle but one sided.. Dangote is the most poorest man in the world
AlikoDangote DangoteGroup NNPCgroup Which kind complicated mathematics be this. How can Dangote be importing fuel when he was licensed to be a refinery to stop importation. Which kind Nigeria be this
AlikoDangote DangoteGroup NNPCgroup That's how they have managed to keep him the richest in Nigeria, no wonder the country is sinking
AlikoDangote DangoteGroup NNPCgroup Another monopoly business for dangote again, this man is doing more harms than good
AlikoDangote DangoteGroup NNPCgroup This news is totally incomplete. Every refinery with license will be allowed to import fuel, don't be misled
AlikoDangote DangoteGroup NNPCgroup That's just the game. Ehh
AlikoDangote DangoteGroup NNPCgroup Nonsense
AlikoDangote DangoteGroup NNPCgroup The north think it’s all about them my problem with the south is that people are not risen enough to stop this nonsense
AlikoDangote DangoteGroup NNPCgroup What a nonsense law. I can tell you that AlikoDangote and his DangoteGroup is one of the most corrupt company in Africa. We know how is company sponsor corrupted political and business associates to run for political office so His companies can exploit Nigerians & Africans.
AlikoDangote DangoteGroup NNPCgroup If the AlikoDangote and DangoteGroup think they will destroy Nigerians the way they are doing to us with cement they have so much coming for them. No wonder separating Nigeria and the expensed of destruction of humanity is been allowed. Divide Nigeria now.
AlikoDangote DangoteGroup NNPCgroup Remove all this thing dangote will never March any igbo man in business!
AlikoDangote DangoteGroup NNPCgroup The north want to monopolize everything lol
AlikoDangote DangoteGroup NNPCgroup Good will punish who ever is subjecting this country to poverty by monopolizing every market to enslave this Nation... instead of that cow sitting in aso rock to train those guys in the creek refining oil locally they prefer killing them to enrich their selfish desire.
AlikoDangote DangoteGroup NNPCgroup C L E A R A N C E SALES!!! Get quality Fairly UK used men's corporate shoe for as low as 6k and 7k Send a DM to order. OFFER VALID TILL WHILE STOCK LASTS!
AlikoDangote DangoteGroup NNPCgroup Tufiakwa
AlikoDangote DangoteGroup NNPCgroup This is very good for our local refineries operator. So many importer of the petroleum product can now actually think of investing in our country rather than collecting subsidy from government yearly.
AlikoDangote DangoteGroup NNPCgroup Wtf. Hence why he is the richest man in Africa. monopoly