AnanseK:

The substance of the story (simplified) is that Dangote's move is more likely to happen than those you mentioned.

thats very true-he is a finisher- the rest are more likely to complain, play hard ball with national assembly, get tangled with western contracts and sophisticated finance and consequently get carried away by easier projects-trading

Honestly, I like the analytical prowess of this reporter. I really enjoyed it. With the level of success this man has attained in life, I'm sure he will intermittently be feeling sad that why is death part of life.

naptu2:

that's what I mean. The new refinery in Niger Republic, the planned refineries in Ondo, Lekki and Badagry all remind me of this.




http://www.vanguardngr.com/2012/03/why-we-cant-build-refinery-in-nigeria-shell/

even that number is not enough for the population of West/central africa vs the population- the economy is 'growing'- more taste for cars and so on

Shell wants to concentrate on crude exploration, they have more interesting projects- they will make more from importing and collecting the difference from the govt- easier than paying some touts and high chiefs all the time

3ace: Honestly, I like the analytical prowess of this reporter. I really enjoyed it. With the level of success this man has attained in life, I'm sure he will intermittently be feeling sad that why is death part of life.

are you saying nigerian analysts/reporters are jeun jeun

AnanseK:

The substance of the story (simplified) is that Dangote's move is more likely to happen than those you mentioned.

True. Dangote's move is more likely to happen, but that doesn't mean that the others won't happen.

Dis Guy:

even that number is not enough for the population of West/central africa vs the population- the economy is 'growing'- more taste for cars and so on

Shell wants to concentrate on crude exploration, they have more interesting projects- they will make more from importing and collecting the difference from the govt- easier than paying some touts and high chiefs all the time

Finally! That's my point. Nigerians put pressure on Shell to build a refinery. Shell said no, because there's over capacity and it won't make any money. Some also put pressure on the government to build more refineries and government officials used the same excuse of over capacity.

Yet here we have Dangote, Niger Republic, Oando, etc building refineries. That means that the problem was not over capacity to begin with.

You've also probably highlighted one of the reasons why Dangote chose Ondo.

davedave1:
Sharap dia, u are adviced to remain silent, anything u say now will be used against u in d court of law, u have right for an attorney, if u cannot afford one, nairaland will produce one for u !!!

you have been found guilty of smoking indian hemp. you are hereby sentenced to 72years ban.

Imagin 5 or 6 more refineries around the country, the employment opportunities etc
This is very old news,
The govt should immediately take the following steps,
-privatize the govt owned refineries
-fully deregulate the downstream sector, pull NNpC out completely
-initiate policies to impose punitive taxes on imported petroleum products
-initiate policies to impose punitive taxes on exportation of crude oil
-initiate policies to encourage exportation of refined petroleum products

This along with the deregulated power sector will provide the necessary jump start for the Nigerian economy.

DaLover: Imagin 5 or 6 more refineries around the country, the employment opportunities etc
This is very old news,
The govt should immediately take the following steps,
-privatize the govt owned refineries
-fully deregulate the downstream sector, pull NNpC out completely
-initiate policies to impose punitive taxes on imported petroleum products
-initiate policies to impose punitive taxes on exportation of crude oil
-initiate policies to encourage exportation of refined petroleum products

This along with the deregulated power sector will provide the necessary jump start for the Nigerian economy.

And that's the second point that I was trying to make. Not too long ago Dangote and Otedola wanted to buy the Port Harcourt Refinery. What happened to that?

DaLover: Imagin 5 or 6 more refineries around the country, the employment opportunities etc
This is very old news,
The govt should immediately take the following steps,
-privatize the govt owned refineries
-fully deregulate the downstream sector, pull NNpC out completely
-initiate policies to impose punitive taxes on imported petroleum products
-initiate policies to impose punitive taxes on exportation of crude oil
-initiate policies to encourage exportation of refined petroleum products

This along with the deregulated power sector will provide the necessary jump start for the Nigerian economy.

nigeria is a funny country how ever you look at it

when the 'refineries' were privatised[albeit hurriedly], people shouted monopolisation
when he puts his money- there are still some murmuring monopoly
Seems it would take someone who will jus tignore the noise and get on with it


I wonder what happened to all those high chiefs that bought license for refineries

Dis Guy:

nigeria is a funny country how ever you look at it

when the 'refineries' were privatised, people shouted monopolisation

when he puts his money- there's still some murmuring monopoly


I wonder what happened to all those high chiefs that bought license for refineries

God bless you.

F*uck this report. Nonsense write up by a re*tard. So what if the economic power is in the hand of one man. If the churches prefer to build prayer camps with the free monies they are getting instead of investing in the economyetc and the other rich Nigerians prefer to buy houses in Florida and Miami instead of investing in sectors crying for investments,,,then the man that choose to take up the risk should be encouraged. Dangote pick it up and buy the Nigeria railway corporation and fix it. We need people with brains to invest in the economy...

naptu2:

And that's the second point that I was trying to make. Not too long ago Dangote and Otedola wanted to buy the Port Harcourt Refinery. What happened to that?

Govt definitely has to revisit he privatization efforts, I think they did a good job with he power sector, I don't know how they did it but there very little or no complaints, not even the highly negative APC stalwarts saw negatives in this privatization process.

If this can be applied to the refineries, I think we will be better for it.

Okontami: F*uck this report. Nonsense write up by a re*tard. So what if the economic power is in the hand of one man. If the churches prefer to build prayer camps with the free monies they are getting instead of investing in the economyetc and the other rich Nigerians prefer to buy houses in Florida and Miami instead of investing in sectors crying for investments,,,then the man that choose to take up the risk should be encouraged. Dangote pick it up and buy the Nigeria railway corporation and fix it. We need people with brains to invest in the economy...

Support this post

Majikals: I praised him too but it wasn't well documented

and who are you. By the way

Okontami: F*uck this report. Nonsense write up by a re*tard. So what if the economic power is in the hand of one man. If the churches prefer to build prayer camps with the free monies they are getting instead of investing in the economyetc and the other rich Nigerians prefer to buy houses in Florida and Miami instead of investing in sectors crying for investments,,,then the man that choose to take up the risk should be encouraged. Dangote pick it up and buy the Nigeria railway corporation and fix it. We need people with brains to invest in the economy...

Interestingly his great-grandfather, Alhassan Dantata, was a member of the board of the railway corporation in the 1940s and '50s (he was one of their biggest customers. Entire trains ferried his groundnuts from Kano to the south and took his kolanuts to the north on the return journey).

Vice President -North.*
Senate President -North
SpeakerHouse of Reps -North.
PDP National Chairman - North.
Head of Service -North.
INEC Chairman North.
Inspector General of Police -North.
CBN Governor- North
Chief Justice of federation North.
President Court of Appeal -North
EFCC Chairman -North.
President Federal high court North.
National Security Adviser -North.
Chief of Defense Staff North.
Controller,Customs Service North.
Controller Prison Services -North.
Richest man in Africa -North
85% of Petroleum Marketers in Nigeria -
Northerners.

80% of Oil Block Owners in Nigeria Northerners. Hmmmm!Dangote

99% of beggars in Nigeria - Northerners
Boko Haram - North.
Anti-Biafra -Northerners

Yet, the Poorest states in Nigeria and
Educationally backward areas in Nigeria are in the North. Now ask yourself, what are other areas like South-south, West,East doing that these people have stripped the country of all the goodies.

And that's the kind of thinking that draws us backwards.

[img]http://www.nairaland.com/attachments/660163_Al-Hassan20Dantata_jpg2dfea4475cf89fab41aeec1ca067e40e[/img]

www.nairaland.com/attachments/663490_Alhassan20Dantata202_jpgba058dc06f92c7405a9a5016e7579980

Alhaji Alhassan Dantata (Aliko Dangote's great-grandfather)

(1877-Aug 17th 1955). The wealthiest man in West Africa. 



Alhaji (Dr) Aminu Alhassan Dantata
(May 1931-). Aliko Dangote's grand-uncle.

www.nairaland.com/attachments/660164_Aminu20Dantata_giff33170ebf4f970c6a70bb8e00f7145dd



Sanusi Dantata (Aliko Dangote’s grandfather)
www.nairaland.com/attachments/1126439_947130_651635298183835_1557471046_n_jpg6a3a58e3cc39ad89ef65c2a9ac02c4e7


Abdulkadir Sanusi Dantata, September 1 1945- February 7 2012 (Aliko Dangote's uncle). He gave Aliko Dangote a business loan with which Dangote started the Dangote Group
www.nairaland.com/attachments/660468_abdulkadir_dantata_200_150_jpg538ec72a3e0075751e0afbb6b57a4032


Alhaji Aliko Dangote
www.nairaland.com/attachments/660801_dangote_jpgb76b8418fae8e5dcfc3177215383c6c1


Alhaji Tajudeen Aminu Dantata.
www.nairaland.com/attachments/737877_Tajudeen20Dantata_jpga68d356e510a6c7b332fef4a806bb4db


Alhaji Sayyu Dantata
www.nairaland.com/attachments/660816_sayyu_jpgce9b156c26d7c674ccd176f3ed0e1aa4

Read more here: https://www.nairaland.com/891985/dantata-dangote-story-how-create

naptu2: And that's the kind of thinking that draws us backwards.

That type of thinking happens everywhere in the world, go to America and see people complain about each other, go to k and see the Scottish complain, what is really drawing us back is the faulty structure that encourages laziness and dependency on oil by components of the country, 774 lgas and 36 states...

DaLover:

That type of thinking happens everywhere in the world, go to America and see people complain about each other, go to k and see the Scottish complain, what is really drawing us back is the faulty structure that encourages laziness and dependency on oil by components of the country, 774 lgas and 36 states...

Our faulty structure is drawing us back (God knows I've complained about that endlessly), but the type of thinking that encourages people to be put in positions or to get benefits simply because of where they are from (regardless of whether they merit it or not) is also drawing us back.

My question is with all this positions our western brothers still want to help them to get the president seat,Are they going to drop these posts or 'll they add more to them?

eluquenson: Vice President -North.*
Senate President -North
SpeakerHouse of Reps -North.
PDP National Chairman - North.
Head of Service -North.
INEC Chairman North.
Inspector General of Police -North.
CBN Governor- North
Chief Justice of federation North.
President Court of Appeal -North
EFCC Chairman -North.
President Federal high court North.
National Security Adviser -North.
Chief of Defense Staff North.
Controller,Customs Service North.
Controller Prison Services -North.
Richest man in Africa -North
85% of Petroleum Marketers in Nigeria -
Northerners.

80% of Oil Block Owners in Nigeria Northerners. Hmmmm!Dangote

99% of beggars in Nigeria - Northerners
Boko Haram - North.
Anti-Biafra -Northerners

Yet, the Poorest states in Nigeria and
Educationally backward areas in Nigeria are in the North. Now ask yourself, what are other areas like South-south, West,East doing that these people have stripped the country of all the goodies.

chebeoc: My question is with all this positions our western brothers still want to help them to get the president seat,Are they going to drop these posts or 'll they add more to them?

Westerners are not too good when it comes to politics, that's why they always conspire with the Northerners as the like of Obasanjo & Abiola, Akintola & so on, we all aware of another story""APC""" of a thing which I don't think can rip GEJ the position next season.

I give kudos to the Northerners for a well crafted job, so let others sit right.

eluquenson:

Westerners are not too good when it comes to politics, that's why they always conspire with the Northerners as the like of Obasanjo & Abiola, Akintola & so on, we all aware of another story""APC""" of a thing which I don't think can rip GEJ the position next season.

I give kudos to the Northerners for a well crafted job, so let others sit right.

and the easterners are the best when it comes to politics- No wonder the Niger deltans even beat them to the position theyve always agitated for

eluquenson: Vice President -North.*

Yet, the Poorest states in Nigeria and
Educationally backward areas in Nigeria are in the North. Now ask yourself, what are other areas like South-south, West,East doing that these people have stripped the country of all the goodies.

at this rate you'd think all the senators and national assembly members are northerners, what were/are all the 'brilliant eastern politicians' doing whilst these 'backward' people are pulling everything?

eluquenson: Vice President -North.*Senate President -North
SpeakerHouse of Reps -North. PDP National Chairman - North.Head of Service -North.
INEC Chairman North.Inspector General of Police -North.CBN Governor- NorthChief Justice of federation North.
President Court of Appeal -NorthEFCC Chairman -North.President Federal high court North.National Security Adviser -North.
Chief of Defense Staff North. Controller,Customs Service North.Controller Prison Services -North.Richest man in Africa -North85% of Petroleum Marketers in Nigeria -
Northerners.
80% of Oil Block Owners in Nigeria Northerners. Hmmmm!Dangote99% of beggars in Nigeria - Northerners
Boko Haram - North.Anti-Biafra -NorthernersYet, the Poorest states in Nigeria and
Educationally backward areas in Nigeria are in the North. Now ask yourself, what are other areas like South-south, West,East doing that these people have stripped the country of all the goodies.

This small list for the north? If you start listing similar positions for the south even 5 pages of NL will not be enough. You are just a greedy and envious character. Nothing will ever satisfy your type.

eluquenson: Vice President -North.*Senate President -North
SpeakerHouse of Reps -North. PDP National Chairman - North.Head of Service -North.
INEC Chairman North.Inspector General of Police -North.CBN Governor- NorthChief Justice of federation North.
President Court of Appeal -NorthEFCC Chairman -North.President Federal high court North.National Security Adviser -North.
Chief of Defense Staff North. Controller,Customs Service North.Controller Prison Services -North.Richest man in Africa -North85% of Petroleum Marketers in Nigeria -
Northerners.
80% of Oil Block Owners in Nigeria Northerners. Hmmmm!Dangote99% of beggars in Nigeria - Northerners
Boko Haram - North.Anti-Biafra -NorthernersYet, the Poorest states in Nigeria and
Educationally backward areas in Nigeria are in the North. Now ask yourself, what are other areas like South-south, West,East doing that these people have stripped the country of all the goodies.

This small list for the north? If you start listing similar positions for the south even 5 pages of NL will not be enough. You are just a greedy and envious character. Nothing will ever satisfy your type.

Dangote.....the only good thing dat came out from the north.........#my opinion

Dis Guy:

and the easterners are the best when it comes to politics- No wonder the Niger deltans even beat them to the position theyve always agitated for

Mind you Easterners have no gain in this country, thats why they are always singing Biafra Anthem.....Lol

AnanseK:

This small list for the north? If you start listing similar positions for the south even 5 pages of NL will not be enough. You are just a greedy and envious character. Nothing will ever satisfy your type.

What i listed is nothing but the gospel truth.
I am a Westerner but that doesn't mean i shouldn't speak the truth.
Can you please, enlighten us more on your agitation may be by listing all the strategic post South hold....
To be candid, South are just a mere minority that's why we have the likes of MEND.

Dis Guy:



at this rate you'd think all the senators and national assembly members are northerners, what were/are all the 'brilliant eastern politicians' doing whilst these 'backward' people are pulling everything?

They are just busy fighting each other, i like Northerners just for one reason...UNITY, they use one voice for all, they follow one principle, but others are always envy of their brothers, no unity among them, no cooperation.
Frankly speaking, Northerners are very eager for power that's why they are very much aggrieved with the demise of Yaradua

I wish him the best of luck and success in his endeavours. Please send me an email of the prospectus when the business is finally going public. I wan buy the shares