lastmessenger:

Those who sell second hand cloths are still the ones who developed Lagos. Go and check the number of igbos who own houses in Lagos and you will know.
We all know how dangote made his money but we are happy because he is investing in the Nigeria economy.He only needs to work on his greed. When I say greed I mean why cement price automatically came down to 1000 when some years back he sold cement over 2k to Nigerians.

a9nyc2020:
Monopoly @its peak...well done sha...more sweat 2 ur aimpit....in advanced countries dere is hardly monopoly...

Akoja360:
MONOPOLY

SLIDEwaxie:
I can't wait. This corruption is just too much.
Our refineries are working at 40% capacity..

And at 40% capacity, it will produce 600 barrels per day..

Nigerians use less than 500 barrels per day..and yet, we import..

Import what? What happened to the ones produced by our refineries?

Even NNPC claimed to be importing...

All scam!!

aadoiza:


I Feel you bro. And I assure you today it will pass Insha Allah.

smallJagaban:
WHY IS IT THAT THERE'S NO MAJOR INVESTMENTS IN SOUTH BEA..ST?

MAYBE BECAUSE OF THE LAND OVER THERE IS BARREN

major466:

To cary out a thorough maintenance work on our existing refineries will be not be cost effective. It will be a total waste of funds. This is because the four refineries are so old that components needed for their maintainance are not in production all over the world.
The quack mire was brought about by economic centralization (a policy excessive government monopoly) for many years since 1975 until about 2006 when the sector was opened up for private sector participation in petrochemicals development.
Unfortunately the private sector had not been able to make use of this opportunity because petroleum products prices are still being regulated. No investor especially foreign investors will invest in a regulated economy were prices are fixed. That's why no refineries were build even after seven or more licenses were approved to begin construction of refineries. It was as a result of this delima that the present government in January 2012 attempted to completely remove fuel subsidy and allow market forces to control prices to encourage private investors to build refineries but Nigerians kicked against the removal.
Dangote is building the refineries out of patriotism because he's a Nigerian and a wealthy one at that. He can afford to build a refinery and still make a substantial profit even in the present condition of government intervention in prices.

SLIDEwaxie:
I can't wait. This corruption is just too much.
Our refineries are working at 40% capacity..

And at 40% capacity, it will produce 600 barrels per day..

Nigerians use less than 500 barrels per day..and yet, we import..

Import what? What happened to the ones produced by our refineries?

Even NNPC claimed to be importing...

All scam!!

Williamso:


You should take a tour round Nigeria! There are MAJOR INVESTMENTS in the S/E. We should stop this bigotry for god's sake!!!

P.S.: I'm not from the South East...

Akoja360:
MONOPOLY

zubby29:
dangote is a giant,he sees d future,jst like wat he did in cement sector,i blv d issues of petroleum products import will soon b a tin of d pst,i am coming to take over from him!

SLIDEwaxie:
I can't wait. This corruption is just too much.
Our refineries are working at 40% capacity..

And at 40% capacity, it will produce 600 barrels per day..

Nigerians use less than 500 barrels per day..and yet, we import..

Import what? What happened to the ones produced by our refineries?

Even NNPC claimed to be importing...

All scam!!

But on the other hand, Nigerians deserve the kind of criminals they vote into power...
Your Vote is your Power, if you decide to sell it for "Stomach infrastructure" or some 'crumbs of Niara' through "TAN, Forty Laptops" or some other derivatives of such or even for a Gallon of Ground Nut Oil and One bag of Rice , then you deserve to suffer very well, after all, it was your CHOICE!

AJINATU:
Let those who sell fake drugs and second hand clothes inside their 2x2 inches shop continue to deceive themsleves about how they control the economy of Lagos while real enterpreneurs put their money where their mouth is

F117AA:
Nigerians(igbos) are always there to dilute any potential monopoly.

edogho:
Big Scam I Tell Ya. buh this moves this man's making dey make me shiver. when all facets of our economy revolves around him, we should brace ourselves up for trouble. don't forget he's a northerner and no one knows his mind as to d situations in d north and country in general, they only see him as a businessman buh businessmen as we know are ruthless risk and decision makers. i'm beginning to untrust these a*b*o*k*i dem since one point gun for mi head. mr aliko dangote is up to something, i just hope it favours me and mi country ppl sha... and i pray it shouldn't be "nation wide sharia or no food for una"...

lastmessenger:

Those who sell second hand cloths are still the ones who developed Lagos. Go and check the number of igbos who own houses in Lagos and you will know.
We all know how dangote made his money but we are happy because he is investing in the Nigeria economy.He only needs to work on his greed. When I say greed I mean why cement price automatically came down to 1000 when some years back he sold cement over 2k to Nigerians.

Williamso:



It's monopoly when you 'unfairly' fight the competition into oblivion. He's building the first private refinery, and while he most certainly may be monopolizing other business sectors, I don't see a monopoly in this case...

smallJagaban:


YOU CAN LIST THE MAJOR INVESTMENTS THERE...

Wittylens:
Why didn't he give the contract to Nigerian Engineers?


Or are our engineers not good enough?

Qoigord:
This is bad news for the Nigerian economy as a whole. Anyone who thinks this is good for the country must be a very uneducated person. This will only make Dangote richer and Nigeria poorer. Nigeria won't grow till we stop depending on oil and find other means of revenue.