Forex with Ahmed

01/04/2026

24/03/2026

to persistent bottlenecks, the company has had to rely on imported crude just to utilize its idle capacity — driving up costs and eroding its natural competitive advantage.

However, recent government policies are beginning to shift the landscape.

The Crude-for-Naira initiative is a strategic move aimed at strengthening the local currency by mandating crude sales in Naira. Alongside this, increased tariffs on imported fuel and stricter licensing for importers are designed to significantly reduce fuel importation and promote local refining.

That said, a major constraint remains:
NNPC’s forward contracts — locked in until 2030 to 2034 — limit how much domestic producers can fully benefit from Nigeria’s own crude supply.

This means the company will still not be able to take advantage of its cost advantage until around 2030.

Bottom line:
The long-term outlook is strong, but the next 4 years will be critical. The foundation is being laid — yet structural challenges could define how much of this opportunity is truly realized.

08/02/2026

…….

04/02/2026

Shouts to

12/12/2025

The magic of Christmas starts long before the day arrives. Merry Xmas 🎅

12/12/2025

The magic of Christmas starts long before the day arrives.

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No caption 💔 💔 . View the art and Blaqbonez’ . See if it invokes a feeling. If not, Otilor niyen 😎😎

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“Great music acts like a seed — once planted in a creative mind, it grows into more melodies, new rhythms, and even complete songs”- Ahmed O.

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