BREAKING: Sell crude oil shipment comparable to local consumption to Dangote and other declares FEC to NNPC.

On Monday, the Federal Executive Council approved the sale of crude oil to Dangote Refinery and other local refineries in naira rather than dollars.

President Bola Tinubu presided the meeting at which the approval was granted. During the meeting, President Tinubu offered to support the Dangote Refinery by recommending that NNPC Ltd sell crude to the refinery in Naira, giving a vital lifeline.

THE WHISTLER learns that the Federal Executive Council adopted Tinubu's request during the meeting to keep fuel prices and the dollar-Naira exchange rate stable.

The concept calls for selling crude oil to the Dangote Refinery and other new Naira refineries. The Dangote Refinery currently requires 15 shipments of crude oil per year, costing a total of $13.5 billion.

It was learned that NNPC Ltd has agreed to furnish four of these cargoes. The FEC also agreed to make available 450,000 barrels for domestic consumption, which will be distributed to Nigerian refineries in Naira, with the Dangote Refinery serving as the first test.

The exchange rate will be unchanged during the transaction. Based on the approval, THE WHISTLER can confirm that only the amount appropriate to domestic use will be billed in Naira.

This means that only the Nigerian National Petroleum Company would sell crude oil to

Comments

HAUSA PRAISE & WORSHIP MEDLEY LYRICS

HAUSA PRAISE & WORSHIP MEDLEY LYRICS HAUSA PRAISE & WORSHIP MEDLEY LYRICS YESU MUNGODE MAKA YAU (JESUS WE’RE SAYING THANK YOU LORD) UBANGIJI KAI KADAI KA ISA YABO O (OUR SAVIOUR YOU ALONE ART WORTHY TO BE PRAISE) KAI KADAI [3X] UBANGIJI KAI KADAI ISA YABO (YOU ALONE [3X] OUR SAVIOUR YOU ALONE ART WORTHY TO BE PRAISE) YA YESU NA ….. (OH JESUS) KAI ISA DAUKAKA (YOU ARE WORTHY TO BE LIFTED UP) YA YESU NA (MY JESUS) KA ISA YABO (YOU ARE WORTHY TO BE PRAISE) KA ISA YABO [2X] (YOU ARE WORTHY TO BE PRAISE [2X]) KAI ISA DAUKAKA (WORTHY TO BE LIFTED UP) YA YESU NA ….. (OH JESUS) KA ISA YABO (YOU ARE WORTHY TO BE PRAISE) MAI ZA MU BA WA YESU MAI MU KEDESHI (NOTHING BUT THANKS) MAI ZA MU BA SA WANDA YA WUSE GODIYA (JUST THANKS, NOTHING BUT THANKS) SAI GODIYA [2X] MAI ZA MU BA SA WANDA YA WUSE GODIYA (JUST THANKS, NOTHING BUT THANKS) CHAN SA MA NI YA,CHAN SAMA NIYA , CHAN SA MA NI YA CHAN CH...

HAPPY BIRTHDAY @ DR SAMSON ADEWALE ADEGOKE FROM TIMBLOGGIST.COM

To the man who taught me.that everything about life is simplle. Love you, "To the king of our castle, and my personal hero. "Thank you for your wisdom, your guidance, and your unwavering support. You are my greatest gift. Your love and sacrifices have made me who I am today. Thank you for everything. "Happy birthday to the world's best "Thanks for everything sir. You deserve the best!" "You're my hero, my role model, and my best friend. "Wishing you a day as amazing as you are. Happy birthday, Sir!"

SWAN: Team Nigeria's appalling performance at the Paris Olympics is unacceptable.

The performance of Team Nigeria in the 2024 Olympic Games has been characterized as significantly below expectations by the Sports Writers Association of Nigeria (SWAN). Through the Secretary-General of the Association, Amb. Ikenna Okonkwo, SWAN President Mr. Isaiah Benjamin issued a statement stating that Nigeria's failure to return from the recently concluded Olympics with a medal was unacceptable. The Association blamed the country's enormous failure in Paris on administrative incompetence and ignorance, which became evident when the name of Favour Ofili, a highly regarded track and field athlete from Nigeria, was discovered to be missing from the list of competitors for the 100-meter event. After the Games, SWAN questioned why there were so many claims of medal hauls that administered by the sports authorities despite their full knowledge that nothing, not even the amount of preparation necessary to ensure a podium finish, was in place. Nigerians were led to believe that ev...

TIMBLOGGIST.COM

Search This Blog