The Nigerian National Petleum Corporation yesterday said $2.2 billion had been saved from refining over 40 billion litres of crude oil abroad through the nation’s Direct Sale and Direct Purchase scheme.
Adopted to replace the Crude Oil Swap and the Offshore Processing Arrangement, the DSDP allows the NNPC to sell crude directly to off-shore refiners and get products in return. The GMD maintained that the project delivers value optimisation to the federation and provides a more efficient and cost-effective system as well as a better option to address the loopholes in previous schemes.
And how much did we lose by growing rice here instead of importing!
Shameless liars!
Will save even more when crude is refined locally
Quadruple of that amount may have been saved if refining domestically with plentiful multiplier positive effects on the economy
Country build with lies what do you more expect from her
Where is the money for the bi-products?
Baru Baru! Always hoping to break the good news and leave the bitter truths with IbeKachikwu to burst.
You guy need to weak up if you live this country
Liars. They won’t tell how much they have looted
We are not seeing the impact
Where is the fucking money?
NIGERIANS are not impressed with your abysmal performances that has made energy a constant issue in our lives!!!
Disgraceful. No shame at all
How?
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