Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos (2618 Views)
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| Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by iamnigeria: 12:13pm On Dec 28, 2013 |
Mr. Dangote now has a plan to quintuple his wealth—and become one of the five richest people in the world. He will spend $9 billion to build the largest privately owned refinery in Nigeria, which produces more oil than any other African country but must import most of the motor fuel and diesel it uses because existing refineries are dilapidated and inefficient. Within about two years, the new refinery in a stretch of swampy shoreline outside Lagos could start piping in crude from roughly 7 miles offshore, bypassing a traffic jam of tankers often stuck for weeks. Competing against four government-managed refineries that run at barely 20% of their capacity, Mr. Dangote would double the country's maximum refinery output. The refinery project is a bet that Africa's economy will keep growing much faster than the rest of the world, especially as a wave of consumerism sweeps the continent. New airlines are taking off so quickly that some jet-fuel sellers, hurt by a shortage, have been caught trying to fill airplane tanks with kerosene instead. Car imports through Nigeria's main port have risen to about 300 cars a day. As a result, Africa now is the world's fastest-growing oil user, and the International Energy Agency expects oil consumption in Africa to surge about 30% to 4.5 million barrels a day by 2018. The jump represents 15% of the world's projected rise in oil demand. Fore more: http://www.iamnigeria.net/2013/12/aliko-dangote-set-to-spend-9-billion-on.html |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by Nobody: 12:19pm On Dec 28, 2013 |
LAGOS again? This city is blessed..... 7 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by agbameta: 12:41pm On Dec 28, 2013 |
Eko o ni baje o SW o ni baje o 1 Like |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by obitwo: 12:52pm On Dec 28, 2013 |
Laaaaaaagos! God bless Olu Eko God bless the Yoruba ingenuity Aliko, your head dey there 3 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by agbameta: 2:20pm On Dec 28, 2013 |
 $8 Billion refinery in Olokola $9 Billion refinery in Lagos Dangote o ni baje o... 3 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by geeez: 2:40pm On Dec 28, 2013 |
God bless Yorubaland What more can I say? Bring it on From the East, West, North and South 1 Like |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by mascot87(m): 3:47pm On Dec 28, 2013 |
God bless me God bless my family God bless my community God bless Abeokuta North God bless Ogun State God bless Lagos state God bless SIA God bless BRF God bless Dangote God bless SW Nigeria SW o ni baje o Yoruba o ni baje o 1 Like |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by taharqa: 4:17pm On Dec 28, 2013 |
OLODOS, it is d same Refinery and Petrochemical Complex in Ondo, not Lagos. The Article only said that d pipelines that wud feed d Complex wud pass through/laid off d coast of Lagos... 2 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by Jeboy(m): 4:27pm On Dec 28, 2013 |
u see simple comprehension they cant show and someone will call GEJ clueless? 2 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by agbameta: 4:29pm On Dec 28, 2013 |
taharqa: OLODOS, it is d same Refinery and Petrochemical Complex in Ondo, not Lagos. The Article only said that d pipelines that wud feed d Complex wud be pass through/laid off d coast of Lagos... Maybe you are right, but please explain the quote below... Within about two years, the new refinery in a stretch of swampy shoreline outside Lagos could start piping in crude from roughly 7 miles offshore |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by agbameta: 4:30pm On Dec 28, 2013 |
What difference does it make anyways? It's still a win win situation for the SW and lose lose for your village so stop crying with irrelevant nonsense.. 1 Like |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by seanet02: 4:34pm On Dec 28, 2013 |
jmaine watching with mouth closed |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by IGBOSON1: 5:09pm On Dec 28, 2013 |
How comes all the peeps above are praying good fortunes and 'oni baje' for South West only......aren't we 'one Nigeria' anymore?  |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by Nobody: 5:34pm On Dec 28, 2013 |
taharqa: OLODOS, it is d same Refinery and Petrochemical Complex in Ondo, not Lagos. The Article only said that d pipelines that wud feed d Complex wud pass through/laid off d coast of Lagos...Okay we'v heard you. Ati Lagos Ati Ondo, ile yoruba na ni mejeji. Now f*ck off 2 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by geeez: 6:06pm On Dec 28, 2013 |
KIRIJI: Okay we'v heard you. Ati Lagos Ati Ondo, ile yoruba na ni mejeji. Now f*ck off Lol! Oya mi lenu o Progressive people dey discuss omo ti erosion ti fa brain e danu so pe I get idea 3 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by tigger56: 6:11pm On Dec 28, 2013 |
[b][/b] God bless the south west!!!! God bless yoruba land.....YORLAND!!!!! |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by IbokUtoroh(m): 6:40pm On Dec 28, 2013 |
NICE MOVES...... |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by T9ksy(m): 6:51pm On Dec 28, 2013 |
IGBO-SON: We are not like you bad belle people so if ever we hear any such good tidings from your erosion ravaged caves, we will surely 'oni baje' the SE. In the interim, shhut the fvck up and expend your energy on your cursed villages. 2 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by agbameta: 6:53pm On Dec 28, 2013 |
T9ksy: Well said... |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by IGBOSON1: 8:11pm On Dec 28, 2013 |
T9ksy: ^^^Hehehehe  Haba nwokem! Why the bile? I just asked an innocent question!  'Cursed villages' you say? Which ones are you referring to specifically?.....and who cursed them? 3 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by ba7man(m): 8:18pm On Dec 28, 2013 |
IGBO-SON:You're not totally a bad guy. I've noticed you're not messed up like some trolls from your region that comment here. |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by Horus(m): 8:30pm On Dec 28, 2013 |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by hercules07: 8:39pm On Dec 28, 2013 |
I think there is a need to hope that the development spreads all over the country, SE, SS, NW and NC and even NE when they are through with killing themselves. Lagos state is too crowded, we need to depopulate the state by spreading development. I am happy with Dangote's investments in the SW. |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by T9ksy(m): 9:02pm On Dec 28, 2013 |
IGBO-SON: Answers below............. http://m.naij.com/news/55000.html |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by jmaine: 9:29pm On Dec 28, 2013 |
seanet02: jmaine watching with mouth closed Your nauseating idiocy is getting out of hand .You are advised to go for medical check up before it's too late. 2 Likes |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by agbameta: 9:37pm On Dec 28, 2013 |
jmaine: Oponu jamiu. Why you too open mouth like village mumu....? |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by jmaine: 9:39pm On Dec 28, 2013 |
Oponu_Meta: |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by Nobody: 9:47pm On Dec 28, 2013 |
agbameta: What difference does it make anyways? It's still a win win situation for the SW and lose lose for your village so stop crying with irrelevant nonsense.. See this one posing with another man's oil. Does one drop of oil flow from SW? Better don't talk too much crap before the SS and SE decide they will NOT let you have any oil to work your refinery.... Maybe you can refine cocoa and palm wine instead. |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by geeez: 10:56pm On Dec 28, 2013 |
ROSSIKE: Oil flowing in the SW? Maybe not However, Lagos, Ogun and Ondo are states that have commercial quantities of oil Can they be mined? Hell yes When? Not for you to decide |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by phillippiano(m): 10:58pm On Dec 28, 2013 |
@Rossik, Hey dude, Ondo state has oil. Guess ondo is in the SE ;DHey dude, Ondo state has oil. Guess ondo is in the SE osedg.org/index.php?option=com_content&view=category&layout=blog&id=29&Itemid=27 www.ondostate.gov.ng/mineral.php |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by agbameta: 11:01pm On Dec 28, 2013 |
ROSSIKE: 1. Last time we checked, Ondo state is in the SW. Obviously, they don't teach you illiterate villagers social studies, civic education and geography. 2. The oil in every corner of Nigeria belongs to Nigeria you dumb olodo 3. Who dash your erosion ravaged village oil? stop smoking igbo.. 4. Oil is for sale, not for drinking or eating akpu.... |
| Re: Aliko Dangote Set To Spend $9 Billion On Refinery Project In Lagos by strangest(m): 12:03am On Dec 29, 2013 |
T9ksy:ffk.. This would have been long achieved if the likes of you didnot loot our treasury dry @OP Nice move by dangote, he will sure make a good APC Presidential candidate.. 1 Like |
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