I have gotten some calls within the last few weeks asking me what Seyi is running for. He is running after his father. - President Tinubu You can tell that President Tinubu is proud of seyi Tinubu. Nice words from a father to a son. #CBMmeetsPBAT

“Dangote will take whatever he is able to get, at whatever price. Freight costs have gone up because the number of vessels available around the world is constrained. Insurance costs have also increased, and financing costs must be factored in. Before you bring the crude here and refine it, you are paying 30 per cent interest. You have to factor that in. “We don't have free crude oil in sufficient quantities to meet the demand of local refineries. And even if we did, selling it below the market price would create market distortions, because that is a subsidy. “Consumption will go up, and you will end up subsidising all your neighbouring countries. Corruption will return to that area. We will deplete the treasury, we will not be able to pay salaries, and we will print naira. Remember, we printed more than ₦30 trillion. “We need to be clear about what we want for our country. If you want the applause of the people, just tell them the crude oil is in your backyard and that you can even give it to them for free. But some people doing their arithmetic should tell us: in which country does that work?” — Minister of Finance and Coordinating Minister of the Economy