Politics
“This Country Is A Scam”- Deji Adeyanju Throws Shades As Dangote Prepares To Import Crude Oil From America
“This Country Is A Scam”- Deji Adeyanju Throws Shades As Dangote Prepares To Import Crude Oil From America....KINDLY READ THE FULL STORY HERE▶
Written By Oshiobugie John
Political commentator and activist Deji Adeyanju has taken a swipe at Africa’s richest man, Aliko Dangote, as his twenty-billion-dollar refinery, located on the Lagos axis, gears up to import crude oil from the United States, just weeks after commencing operations, as reported by reliable news platforms. CONTINUE READING
Adeyanju, responding to the headline of Dangote Refinery importing crude oil, expressed his sentiment with a laughing emoji, stating, “This country is a scam.”
The 650,000 barrels per day Dangote Refinery is reportedly poised to import crude from the United States in the coming months, marking a significant departure as it has typically relied on Nigerian crude. Trafigura Group, according to Bloomberg, sold 2 million barrels of WTI Midland to the Dangote refinery for end-February delivery, a move unprecedented in its history.
The refinery, touted as a game-changer in Nigeria’s energy landscape, had earlier commenced the production of diesel and aviation fuel. The company announced this milestone, revealing that it had received six million barrels of crude oil at its two Single Point Mooring (SPM) terminals located 25 kilometers from the shore. The crude deliveries began on December 12, 2023, and the sixth cargo was received on January 8.
The initial cargo, sourced from Agbami crude grade via Shell International Trading and Shipping Company Limited (STASCO), marked the beginning of the refinery’s journey into the production of refined petroleum products. The subsequent receipt of an additional one million barrels of crude bonny light from the Nigeria National Petroleum Company (NNPC Ltd) further solidified the company’s commitment to refining operations.
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