Following bilateral agreements between Nigeria’s President Muhammadu Buhari and President Mahamadou Issoufou, talks have been on-going between two countries for over four months – through the Nigerian National Petroleum Corporation and Niger Republic’s National Oil Company, Societe Nigerienne De Petrole (SONIDEP), on petroleum products transportation and storage.
Niger Republic’s Soraz Refinery in Zinder, some 260km from the Nigerian border, has an installed refining capacity of 20,000 barrels per day. Niger’s total domestic requirement is about 5,000bpd, thus leaving a huge surplus of about 15,000 bpd, mostly for export.
A release by the GGM/SA Media to the Minister of State for Petroleum Resources, Garba Deen Muhammad, stated that the MoU was signed by the GMD NNPC, Mallam Mele Kyari, and the Director-General of SONIDEP, Mr. Alio Toune under the supervision of the two countries’ Ministers of State for Petroleum, Çhief Timipre Sylva and Mr. Foumakoye Gado, respectively with the Secretary General of the African Petroleum Producers Organisation (APPO), Dr. Omar Farouk Ibrahim in attendance.
Speaking shortly after the MoU signing, the Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva expressed delight over the development, describing it as another huge step in developing trade relations between both countries.
“This is a major step forward. Niger Republic has some excess products which needs to be evacuated. Nigeria has the market for these products,” he said. “Therefore, this is going to be a win-win relationship for both countries".
From Channels TV
Was it why they were building railway to run across both countries?
ReplyDeleteNigeria produces 1,938,542.73 barrels of crude per day while Niger produces less than 15,000 barrels per day, I’m crying for Nigeria and I’m crying for south-south people because it’s their land that will become barren and useless after all the oil spillage, Lauretta Onochie and the rest no go die better, thunder don kukuma fire buhari that’s why him no fit show face, Lai Mohammed go run mad last last, wicked selfish set of demonic entities
DeleteWell...I know for a fact that everything Buhari and his illierate cohorts turns to dust. Same way Nigerian Airways turned to stories that touch the air. They are just trying to ensure that southern controlled resources are no longer feasible.
ReplyDeleteDon't worry, we will soon hear that the North wants to merge with Niger republic. The earlier we restructure the better. This people are taking us back to stone ages with their stupidity.
This ur 'merger' talk make sense, sha. What else explains the man's obsession with Niger Republic, except say he be Jubrin true, true.
DeleteShameless people, of all the fake promises he made in 2015 not even 1 out of them all could he fulfill.
ReplyDeleteShameless people, of all the fake promises he made in 2015 not even 1 out of them all could he fulfill.
ReplyDeleteSo we cant fix our refineries with the billions they have being borrowing? Now Niger will import petrol to us till dangote finishes his refinery?😂😂... There was a country called Nigeria
ReplyDeleteWhat a shame to the south south especially, well, you get the leaders you deserve, well done to our Nigeriens who have colonized Nigeria. Lost and sold to Niger Republic.
ReplyDeleteA typical Fulani man. He put his kinsmen fro other country rather than his country Man. Buhari has been investing in Niger since he became the president
ReplyDelete😂 Nigeria just made a clique of northern men richer for life. They have thought this through long before now and built a refinery there. Moving Nigeria’s crude oil over there and importing it back. Y’all can now see the people behind the death of Nigerian refineries. First was agriculture now fuel. It’s just a matter of time. We need to wake up, put our differences aside and kick these destroyers and enemies of progress out of our country.
ReplyDelete