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Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP - Business (2) - Nairaland

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Lagos’ ICT Cluster Takes Off, Targets $10bn Revenue / Total: We Have Injected $10bn Into Nigeria’s Economy / Dangote/black Rhino Group To Construct $10bn Power Plants In Kano (2) (3) (4)

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Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by toprealman: 10:02am On Mar 08, 2016
lekjons:
Good development!
Your English is good news to teachers!

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Daniel058(m): 10:02am On Mar 08, 2016
Boi
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by lekjons(m): 10:10am On Mar 08, 2016
toprealman:
Your English is good news to teachers!
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by tickles2luv2016(m): 10:12am On Mar 08, 2016
MIKOLOWISKA:
does dangote look like a learner to you. all Omo onile will be settled and army will be deployed to the pipeline with latest security (anybody wey near that pipeline will blame himself.) unless they are suicide bombers they will be caught and jailed. all others will take dressing

Na true talk when baba dangote is talking who is original "land owner"that will want to disrupt progress,is it easy to be africa's richest,they have to concur.
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by repogirl(f): 10:13am On Mar 08, 2016
This sounds good.
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Emancipation: 10:14am On Mar 08, 2016
This is the geographical south east which is akwa ibom state and not the political Nigerian south east (Igboland)

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Nobody: 10:15am On Mar 08, 2016
MIKOLOWISKA:
does dangote look like a learner to you. all Omo onile will be settled and army will be deployed to the pipeline with latest security (anybody wey near that pipeline will blame himself.) unless they are suicide bombers they will be caught and jailed. all others will take dressing

How do u plan 2 man thousands of kilometres of pipeline u be witch

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by elopee3000(m): 10:17am On Mar 08, 2016
fulanimafia:
This is a welcome development, I hope all those misguided 'yoots' that have been calling the Emir a bigot are reading this.

Kudos to Dangote and Emir Sanusi, spearheading the much needed energy revolution in Nigeria.
so u mean they will take coal from enugu and use it to power kano state u people re kidding why don't they use deserts sand or fulani cow shit to power thier light in the north angry
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Emancipation: 10:18am On Mar 08, 2016
I thought Lagos has oil and gas? Why does he need to draw gas from akwa ibom?
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Emancipation: 10:20am On Mar 08, 2016
Wouldn't it be easier to site his industries at the source of the gas which saves him money and prevents vandalism?
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by mamaafrik(m): 10:20am On Mar 08, 2016
How i wish innoson(a +ve) and Dangote (a -ve)terminals can come together to give an Nigerian auto-industry light,it'll be a another U23 bomb not in nagazaky this time but in Nigeria,toyota,honda and those foreign companies'll dove their sadhust hat.

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by freshvine(f): 10:22am On Mar 08, 2016
Udom Emmanuel shouldn't accept using Akwa ibom gas to power Kano and Lagos.

2 Likes

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by yang(m): 10:24am On Mar 08, 2016
Its a joke that the criminal monopolists thinks he can come to B-iafraland to steal gas

This is a joke

Just like the refinery

we are waiting for him and the Hausa/Fulani Invaders
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Gamesmart: 10:24am On Mar 08, 2016
kendrick9:
why is dangote so biased against the igbos

Why don't you answer your own stupid question, lets hear.
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Forwetinnah: 10:25am On Mar 08, 2016
South East better open their eyes...this was the same way they encroached the ND. Coming to Load coal from the East to Kano?? Make una no gree o!! If you tell them to bring anything from the North to benefit the South, they'll strongly kick against it

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Misterdhee1(m): 10:32am On Mar 08, 2016
The rich keeps getting richer obviously!
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by fulanimafia: 10:33am On Mar 08, 2016
elopee3000:
so u mean they will take coal from enugu and use it to power kano state u people re kidding why don't they use deserts sand or fulani cow shit to power thier light in the north angry

Don't be daft. I'm sure you read in the article that solar power would be the energy source, and nowhere was the movement of coal from Enugu mentioned...so stop portraying yourself as an irreverent bigot.

3 Likes

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by judondasylva(m): 10:39am On Mar 08, 2016
Hmmmm I tire for this country Nigeria so nobody care to ask where sanusi got this huge amount of money from? $5billion dollars. is it because he is an APC member? he should be investigated if truly they fighting corruption.

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by chukel(m): 10:43am On Mar 08, 2016
What is nice about this development. Taking natural resources from the south and developing the North and west? If the source of gas for his refinery is in akwaibom, y set up the refinery in lagos abi na ogun.

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by abdulwastecx(m): 10:47am On Mar 08, 2016
elopee3000:
so u mean they will take coal from enugu and use it to power kano state u people re kidding why don't they use deserts sand or fulani cow shit to power thier light in the north angry

My friend there are coal deposit in so many northern state like Nassarawa, kogi, zamfara etc. It is a good iniatives to invest in Coal thermal station.

Investment in power will be a very profitable venture in South eastern Nigeria, city like onitsha, nnewi, aba etc will provide a huge market because of her large middle income class

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by elopee3000(m): 10:48am On Mar 08, 2016
fulanimafia:


Don't be daft. I'm sure you read in the article that solar power would be the energy source, and nowhere was the movement of coal from Enugu mentioned...so stop portraying yourself as an irreverent bigot.

read it again a time u people behaves like ur cows angry
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by abdulwastecx(m): 10:54am On Mar 08, 2016
chukel:
What is nice about this development. Taking natural resources from the south and developing the North and west? If the source of gas for his refinery is in akwaibom, y set up the refinery in lagos abi na ogun.

My friend that is capitalism for you. The market is the major determinant of location of industry, the demand is the key. These are men investing their money on productive ventures not some government elephant project.

I visited a Mable film in onitsha (anambra) some weeks ago... The raw materials for such maples were imported from ondo state. It doesn't really make financial sense to the man we went their together, he was of the opinion that the man could have set up the factory in ondo and then bring in the finished product to anambra.
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by fairheven: 10:55am On Mar 08, 2016
Guyman02:
It is because of his interest in this company that Emir Sanusi has been putting pressure on the FG to devalue the Naira.
When you devalue, Foreign companies and buyers commonly have bigger interest with cheaper rates and they can certainly compete on the market more favourably.



You are right Akwa Ibom is actually in the South East [b]but for political expediency and the oil[/b]they were lumped into South South and Ondo which is part of the Niger Delta was politically kept as Niger Delta in the South West.

Gowon made sure no single drop of oil was in South East, including selling bakassi Peninsula to cameroun, but God pass them.

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Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by tranxo(m): 10:55am On Mar 08, 2016
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by fulanimafia: 10:59am On Mar 08, 2016
elopee3000:
read it again a time u people behaves like ur cows angry

Quit that ogogoro Mr man and stop sounding like your gala sellers. Go back and read the article.
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by jeffooh999(m): 11:03am On Mar 08, 2016
Is money that was recovered 4rm some individuals in de name of fighting corruption,buhari has diverted it dangote to use it indirectly as his own money!that is what de hv been doin right fron de begning...!!!!!
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by fairheven: 11:03am On Mar 08, 2016
abdulwastecx:


My friend there are coal deposit in so many northern state like Nassarawa, kogi, zamfara etc. It is a good iniatives to invest in Coal thermal station.

Investment in power will be a very profitable venture in South eastern Nigeria, city like onitsha, nnewi, aba etc will provide a huge market because of her large middle income class

But seriously in this age and time, the world is talking about renewable energy, not coal that will do more harm to the environment.
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Nixon55(m): 11:08am On Mar 08, 2016
Emekamex:
Deceptive heading, the "South East" mentioned here is clearly Akwa Ibom from the article cited.
FYI, bulk of the investment will be in Lagos where Dangote's refinery is based, the only investment in Akwa Ibom is supplying gas from there to Lagos and Ghana.

Is it that they no longer teach reading and comprehension in Nigerian schools or just that the students outrighlty refuse to learn.
The article clearly stated that the Black Rhino group is investing in three power related projects.
1. Solar plant in Kano (100mw)
2. Coal power plant in South East (1000mw)
3. Gas pipe line from Akwa Ibom to Lagos and onwards to Ghana.

Is this hard to comprehend? What's the fuss about Akwa Ibom being in South East or South South?
Nigerian masses being their own enemies...
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by elopee3000(m): 11:19am On Mar 08, 2016
fulanimafia:


Quit that ogogoro Mr man and stop sounding like your gala sellers. Go back and read the article.
gala seller is better than almajiri or sucide bomber, eze gworo like u

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by sleekman(m): 11:19am On Mar 08, 2016
dustydee:


http://businessdayonline.com/2016/03/black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-projects/
It amazes me when people don't ask the right questions. Na where Sanusi see $5b? Chei this guy must have bled 1st bank and d CBN dry. No wonder d country is facing challenges.
Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by dustydee: 11:23am On Mar 08, 2016
sleekman:
It amazes me when people don't ask the right questions. Na where Sanusi see $5b? Chei this guy must have bled 1st bank and d CBN dry. No wonder d country is facing challenges.
No where does it say Sanusi will invest $5b but rather Black Rhino.

1 Like

Re: Black Rhino, Dangote Conclude Plans To Invest $10bn In Kano, South East IPP by Ucheosefoh(m): 11:23am On Mar 08, 2016
Black Rhino, an indigenous portfolio company of Blackstone Energy Partners, and Dangote Group of Companies, are to jointly invest up to $10 billion in energy infrastructure projects in Kano State and in East South Nigeria.

The projects are with particular emphasis on renewable energy, power transmission and building of pipelines.

Muhammadu Sanusi II, emir of Kano, who is the chairman of Black Rhino Group, disclosed that his group and Dangote Industries would contribute $5 billion each for the construction of a coal power plant and a solar energy project in Kano, as well as gas pipeline project from Akwa Ibom to be constructed to South West, where Dangote Industries were concentrated.

Speaking during a courtesy visit to the state governor, Abdullahi Umar Ganduje, the Emir said the consortium decided to embark on the power projects in Kano because of the power crisis in the state.

He further disclosed that the coal project and the solar energy project would produce about 1,000mw and 100mw, respectively.

Emir Sanusi expressed optimism that the projects would, to a large extent, improve electricity power generation in the state for both the consumption of residents and for the revival of the ailing industries in the state.

In his remarks at the occasion, Aliko Dangote, chairman, Dangote Group, expressed optimism on the viability of the projects, assuring that it would improve power generation in the state and resuscitate industries to generate employment opportunities for the teeming youth and make the economy vibrant.

Dangote said the gas project from the South East to Western Nigeria would extend to Ghana, and would go a long way in addressing the energy needs of industries within the region, particularly those under the Dangote Group.

On his part, the state governor expressed hope that “the project would bail Kano State out of its prevailing economic depression and uplift the state to another level of economic prosperity and development.

“Now that the national economy is dwindling, we have no better way to revive it than to invest in agriculture and resuscitate our industries.”

He promised that the state government would provide land, among other things, to enable the project materialise.

Stressing that power is very critical to the survival of industries in the state, he announced that the state was also making modest effort to provide electricity through the ongoing multi-billion naira Independent Power projects at Tiga and Challawa, which would generate 35mw of electricity.
The news did not state where they will site this project at bold

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