Reno Omokri: Why Dangote Refinery Is Buying Crude Oil From The US

 

Some people are so desperate to see Nigeria fail so they can get their desired secession that they lose their common sense. See them celebrating the purchase of US crude by the Dangote Refinery as a failure of the refinery and the NNPCL.

Nigeria's crude oil cargoes have already been contracted far into the future. And we have a quota from OPEC. This is not new. When then President Obasanjo and Yar'adua introduced the National Integrated Power Project, the NNPC could not supply the NIPP gas because Nigeria's gas had already been purchased in future contracts far into the future. And if you break those contracts, Nigeria would be taken to arbitration. That is why the Dangote Refinery is buying crude from America. Because it is a private company that will get its supply from anywhere it can to meet its own set targets and timelines.

The same America also buys crude oil from Mexico, Canada, Saudi Arabia and Iraq. It is business. You buy from anywhere you can get your raw materials. That does not mean the NNPCL or the Dangote Refinery has failed. But it certainly means that your own senses have failed BIG TIME!!!

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