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Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation - Business (2) - Nairaland

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Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by money121(m): 6:56am On Jun 16, 2022
Lobatan
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Eriokanmi: 6:56am On Jun 16, 2022
anonimi:


So that he can miserly share stomach infrastructure instead of facilitating mega factories for private sector to flourish?
Or what else is he doing in Labour Party
What would you say about this, Mr agent? Just spot the difference in this picture.

1 Like

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by McGg: 6:57am On Jun 16, 2022
anonimi:


Just as the fake fraudster, Obi does not have the time of Ekiti people but ran to Egypt to avoid another embarrassing failure like what would have happened to him in the PDP primaries if he did not step down for Atiku.




Get a life man
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by anonimi: 6:58am On Jun 16, 2022
Eriokanmi:
What would you say about this, Mr agent? Just spot the difference in this picture.

See below.
Same category all of them on stomach infrastructure after looting. No room for pretense.

2 Likes

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by michlins(m): 7:00am On Jun 16, 2022
anonimi:


So that he can miserly share stomach infrastructure instead of facilitating mega factories for private sector to flourish?
Or what else is he doing in Labour Party
name one mega factory built by APC in the last eight years. How many MW did they add to the national grid in the last eight years? The four refinaries that were promised, where's one.

It's not by making big promises,do what you can and lay the foundation for many more to happen.

The ECA which Jonathan was crucified for has been completely depleted and still no single infrastructure to justify it and our Naira is at all time low. You can not purchase anything more than $50 on the internet right now
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by MyVILLAGEpeople(m): 7:02am On Jun 16, 2022
EdoBoy90:
Four key areas need urgent attention and I think that the next President of Federal Republic of Nigeria should focus on;

>Security
>Electricity
>Agriculture
>Education & Health

Security: No where is safe anymore; church, mosque, farm, schools and gatherings. Therefore, this should be a top priority for any presidential candidate. Tell Nigerians the security mechanism you would like to put in place that would be better than what we have currently. What should be done differently.

With our current population of more than 200 million people and a projection of 400m people by 2050, no presidential candidate should have nothing less than 80,000MW of electricity Generation as a target with a subsequent increment plan. Nigeria has 209.5 trillion cubic feet of proven natural gas reserves as reported, hydro and sunlight to meet industrial demand. No electricity, economy collapses. Businesses can't function effectively. Relying on generators is not sustainable in a country with over 200m people.

Agriculture: Food, food and food for sustainable healthy life among Nigerians is very important. Food provides chemical energy/nutrient which enable one to grow and live healthy. Without food, people can't work or carry out daily activities. Currently, food in Nigeria is not sufficient. People are hungry. Farmers need to be safe in their farm. And security should be a top priority. Mechanized farming is key. There is arable land for agriculture. This should be harnessed effectively. Kaduna State alone can feed the whole country (Nigeria). Nigeria has 691234 sq. Km agricultural land in 2018, according to the World Bank Data.

Education: ASUU is on labour strike. What ASUU is demanding is less than N80bn. Quality education is key to sustainable development. Without education, forget the prosperity of any nation. My people are destroyed for lack of knowledge said the Holy Scripture.

A healthy people is a healthy nation. The health sector needs a revamp. 7 World class hospitals should be built in the 6 Geopolitical Zones and FCT. While State Governors should build 3 world class hospitals in each senatorial zone at the state level. This can be achieved in less than 6 months in office. Subsequent plan for advancement should be implemented. Healthcare service should be made affordable to the least person in the society. A good society should be able to cater for the least.

I write to appeal to the next President to look into the above. Nigerians have suffered a lot. Good economy and governance are not expensive. People prosper more in a good economy.

2023 Electioneering campaign shouldn't be insults or abuses but how to make Nigeria great. Stop insulting others.


Written by: Michael Yahaya.
Michael is an Energy Expert with interest in power generation for sustainable development, good governance and economy.

I thought ASUU is demanding for 1.3 trillion Naira? It’s not 80 billion sir.

How can the whole federal universities under ASUU demand for 80 billion?
No na
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by anonimi: 7:02am On Jun 16, 2022
Eriokanmi:
What would you say about this, Mr agent? Just spot the difference in this picture.

See below.

teeebugs:
According to former vice president Atiku Abubakar, 15 of the Chibok girls who escaped from Boko Haram abductors have been been admitted into the American University of Nigeria Academy in Yola, Adamawa state on a scholarship.

http://monitor9ja.com/2014/08/photonews-15-escaped-chibok-girls-admitted-aun-academy-scholarship/

Nwaforj44:
The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, has condoled with the Nigerian Army over attacks by Boko Haram on Sunday that led to loss of officers and men of the 157 Task Force Battalion in Maitile, Borno State.

He also declared an endowment to provide full financial scholarships to five children of the slain soldiers of the battalion up to whatever level they are able and willing to reach at the American University of Nigeria, Yola.

Full details at https://www.akelicious.net/2018/11/atiku-awards-scholarships-to-slain.html

1 Like

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by anonimi: 7:03am On Jun 16, 2022
McGg:
Get a life man

You need your own advice more.
Thank me later smiley

1 Like

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Eriokanmi: 7:06am On Jun 16, 2022
anonimi:


Please where is the propaganda about the news shared?
It's everywhere as shared by blind supporters of corrupt political moneybags like you. Please keep them coming but its meaningless to us at this point cheesy. Its laughable to say Obi spent Anambra money on purchase of property. They even asked the EFCC to arrest him. On getting to Obi, they got to know that the alleged property was bought in 1996, years before democracy was even restored in Nigeria but we all undestand. They're fighting their last failed fight. I'd urge you join us and ignore all their smear campaigns.

Obi is coming!

1 Like

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Confirm4real(m): 7:10am On Jun 16, 2022
Okay next please...
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Eriokanmi: 7:13am On Jun 16, 2022
anonimi:


See below.



Atiku isn't doing anyone a favour by admitting those students. He made all his money from the government, by hook and crook. The sale of federal government properties in the name of privatisation easily comes to mind. Go and ask Obj why he chased him out of the vila as VP disgracefully. Its shameful to even note that the supposed presidential aspirant spent thousands of dollars in buying people's conscience to get a ticket. I wonder what he would do if he ever gets there. Not even father Christmas would dole out such huge sum without first thinking of how he wouid recoup the money in triple folds after winning. We are wiser now. Obi was a multi billionaire and a successful banker before becoming governor.

Never again!

1 Like

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by hupo: 7:26am On Jun 16, 2022
[quote author
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by 2tpick: 7:30am On Jun 16, 2022
michlins:
name one mega factory built by APC in the last eight years. How many MW did they add to the national grid in the last eight years? The four refinaries that were promised, where's one.

It's not by making big promises,do what you can and lay the foundation for many more to happen.

The ECA which Jonathan was crucified for has been completely depleted and still no single infrastructure to justify it and our Naira is at all time low. You can not purchase anything more than $50 on the internet right now
Baba stop quoting bots. Even zombies don get sense las las. Which reasonable individual will come to a thread where a billionaire business man is complaining of high cost of production without knowing that he is indirectly warning us to expect more increase in cost of basic goods? Save ur energy and debate with humans and not programmed bots
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Jamesbiodun(m): 7:50am On Jun 16, 2022
Dangote cement too is now cost nah
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Nobody: 8:05am On Jun 16, 2022
Although the Government Job is to create the enabling environment by putting out the right policies , but sometimes the Government are too quick to spend the money they have not earned. I am very sure all the gains that should be accrued from jump starting the Dangote Refinery must have been spent , I just hope President Buhari would deem it fit to give them $1billion grant to fast track the process, so they can use it as bragging right to attract other F.D.I and L.D.I .. I look at the picture at the AGM , I can't but help see Alhaji Hair looking white as snow, I know that only happens when he is overworking or doing serious intellectual work. If you generate your own electricity, invest in your own infrastructure and Government spending still won't allow you survive, it is better to move part of your investment to countries where you do source part or raw materials... so you don't feel the effect of foreign exchange fluctuations.
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by anonimi: 8:08am On Jun 16, 2022
Eriokanmi:
Atiku isn't doing anyone a favour by admitting those students. He made all his money from the government, by hook and crook. The sale of federal government properties in the name of privatisation easily comes to mind. Go and ask Obj why he chased him out of the vila as VP disgracefully. Its shameful to even note that the supposed presidential aspirant spent thousands of dollars in buying people's conscience to get a ticket. I wonder what he would do if he ever gets there. Not even father Christmas would dole out such huge sum without first thinking of how he wouid recoup the money in triple folds after winning. We are wiser now. Obi was a multi billionaire and a successful banker before becoming governor.
Never again!

Promote your thief thief Obi Pandora with facts, and not with useless lies.
Got it
By the way was Saint Obi ignorant of all these when he accepted to be Atiku's running mate three years ago?

Indorama Eleme Petrochemical Limited (IEPL), located in Port Harcourt, Rivers State, Nigeria, a Group Company of Indorama Corporation, is a Poly-Olefins producer of a range of Polyethylene and Polypropylene products. IEPL was a 100% subsidiary of Nigerian Government owned Nigerian National Petroleum Corporation (NNPC) with the name Eleme Petrochemicals Company Limited (EPCL). When the erstwhile EPCL was privatized, under the Privatization Program, the Indorama Corporation emerged as the core investor and acquired the Unit in August 2006. Since then, IEPL has recorded several achievements of smooth & stable operations, enhanced production capacities, winning of several global awards & certifications and has become a successful model of the Nigeria's Privatization Program.

https://www.indoramaeleme.com/about-iepl.php

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by austinceasar(m): 8:09am On Jun 16, 2022
EdoBoy90:
Four key areas need urgent attention and I think that the next President of Federal Republic of Nigeria should focus on;

>Security
>Electricity
>Agriculture
>Education & Health

Security: No where is safe anymore; church, mosque, farm, schools and gatherings. Therefore, this should be a top priority for any presidential candidate. Tell Nigerians the security mechanism you would like to put in place that would be better than what we have currently. What should be done differently.

With our current population of more than 200 million people and a projection of 400m people by 2050, no presidential candidate should have nothing less than 80,000MW of electricity Generation as a target with a subsequent increment plan. Nigeria has 209.5 trillion cubic feet of proven natural gas reserves as reported, hydro and sunlight to meet industrial demand. No electricity, economy collapses. Businesses can't function effectively. Relying on generators is not sustainable in a country with over 200m people.

Agriculture: Food, food and food for sustainable healthy life among Nigerians is very important. Food provides chemical energy/nutrient which enable one to grow and live healthy. Without food, people can't work or carry out daily activities. Currently, food in Nigeria is not sufficient. People are hungry. Farmers need to be safe in their farm. And security should be a top priority. Mechanized farming is key. There is arable land for agriculture. This should be harnessed effectively. Kaduna State alone can feed the whole country (Nigeria). Nigeria has 691234 sq. Km agricultural land in 2018, according to the World Bank Data.

Education: ASUU is on labour strike. What ASUU is demanding is less than N80bn. Quality education is key to sustainable development. Without education, forget the prosperity of any nation. My people are destroyed for lack of knowledge said the Holy Scripture.

A healthy people is a healthy nation. The health sector needs a revamp. 7 World class hospitals should be built in the 6 Geopolitical Zones and FCT. While State Governors should build 3 world class hospitals in each senatorial zone at the state level. This can be achieved in less than 6 months in office. Subsequent plan for advancement should be implemented. Healthcare service should be made affordable to the least person in the society. A good society should be able to cater for the least.

I write to appeal to the next President to look into the above. Nigerians have suffered a lot. Good economy and governance are not expensive. People prosper more in a good economy.

2023 Electioneering campaign shouldn't be insults or abuses but how to make Nigeria great. Stop insulting others.


Written by: Michael Yahaya.
Michael is an Energy Expert with interest in power generation for sustainable development, good governance and economy.

Just focus on only security & electricity, Nigerians will find their way....the next president only have 4years to use (solving this 4problems to a *reasonable standard* in the next 4years is nearly impossible)
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by yusluvad(m): 8:18am On Jun 16, 2022
EdoBoy90:
Four key areas need urgent attention and I think that the next President of Federal Republic of Nigeria should focus on;

>Security
>Electricity
>Agriculture
>Education & Health

Security: No where is safe anymore; church, mosque, farm, schools and gatherings. Therefore, this should be a top priority for any presidential candidate. Tell Nigerians the security mechanism you would like to put in place that would be better than what we have currently. What should be done differently.

With our current population of more than 200 million people and a projection of 400m people by 2050, no presidential candidate should have nothing less than 80,000MW of electricity Generation as a target with a subsequent increment plan. Nigeria has 209.5 trillion cubic feet of proven natural gas reserves as reported, hydro and sunlight to meet industrial demand. No electricity, economy collapses. Businesses can't function effectively. Relying on generators is not sustainable in a country with over 200m people.

Agriculture: Food, food and food for sustainable healthy life among Nigerians is very important. Food provides chemical energy/nutrient which enable one to grow and live healthy. Without food, people can't work or carry out daily activities. Currently, food in Nigeria is not sufficient. People are hungry. Farmers need to be safe in their farm. And security should be a top priority. Mechanized farming is key. There is arable land for agriculture. This should be harnessed effectively. Kaduna State alone can feed the whole country (Nigeria). Nigeria has 691234 sq. Km agricultural land in 2018, according to the World Bank Data.

Education: ASUU is on labour strike. What ASUU is demanding is less than N80bn. Quality education is key to sustainable development. Without education, forget the prosperity of any nation. My people are destroyed for lack of knowledge said the Holy Scripture.

A healthy people is a healthy nation. The health sector needs a revamp. 7 World class hospitals should be built in the 6 Geopolitical Zones and FCT. While State Governors should build 3 world class hospitals in each senatorial zone at the state level. This can be achieved in less than 6 months in office. Subsequent plan for advancement should be implemented. Healthcare service should be made affordable to the least person in the society. A good society should be able to cater for the least.

I write to appeal to the next President to look into the above. Nigerians have suffered a lot. Good economy and governance are not expensive. People prosper more in a good economy.

2023 Electioneering campaign shouldn't be insults or abuses but how to make Nigeria great. Stop insulting others.


Written by: Michael Yahaya.
Michael is an Energy Expert with interest in power generation for sustainable development, good governance and economy.
Apt!
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by MICHEALADEX(m): 8:22am On Jun 16, 2022
Who much is independent power plant...then he's foolish if he spends half of that in 2022.
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by ufotunang: 8:27am On Jun 16, 2022
That is why the price of his cement are expensive ... increase in overhead costs and expenses..and I do not blame dangote but the federal government of not providing a conducive environment for bussinesses to strive and reduce their costs of production and overhead costs.... constant electricity power supply is important for industries and companies but the federal government cannot provide that
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by ufuosman(m): 8:29am On Jun 16, 2022
Hmmm
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by ufotunang: 8:31am On Jun 16, 2022
gambojimeta:
He would gladly pass on the cost to the consumers.

Diesel is being speculated to reach 1500 naira per liter. With this announcement by Dangote, we can expect prices of commodities like cement, sugar, salt, tin tomatoes e.t.c. to go up in the next couple of weeks grin

...that is why federal government should be blamed for not making the refineries to work..if the refineries were working... fuel, disel ,gas will be cheap and the cost of production will be low and prices of goods , food stuffs will be cheap
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Diligence: 8:40am On Jun 16, 2022
According to Mr Peter Obi...Solve electricity challenge and convert that N196BN to thousands of workers salaries.

Tested and Trusted...Mr Peter Obi will use public funds for the public benefits. He Will not steal and he will reduce the cost of governance...
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by claudiofaceoff: 8:49am On Jun 16, 2022
This is no news because consumers already paid the cost as they usually factor in all costs incurred.

Now what about the profit they made?

Why didnt they tell us that? If you know the profit they made after all expenses, then you will agree with me that this news is not necessary.

But then, it serves as a reminder to us to vote wisely because the power is nothing to write home about. And the cost of petroleum products has further made the prices of goods and services to skyrocket.
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Nobody: 9:23am On Jun 16, 2022
And you ask why are the refineries not working? The govt has borrowed money that's enough to build refineries, why are we waiting for a one man refinery?
Why can't sea ports in Akwaibom, Deltavand Cross river function?

Why can't we produce cement locally, we be got limestone.

Why can states generate and distribute their electricity?

Waiting for the useful idiots to blame Ukraine and Russia.
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Nobody: 9:25am On Jun 16, 2022
anonimi:


See below.
Same category all of them on stomach infrastructure after looting. No room for pretense.

At the end of the day, their ultimate goal is to reduce all of us to beggars.

1 Like 1 Share

Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Nobody: 9:28am On Jun 16, 2022
ufotunang:
...that is why federal government should be blamed for not making the refineries to work..if the refineries were working... fuel, disel ,gas will be cheap and the cost of production will be low and prices of goods , food stuffs will be cheap

Someone raised this issue, but some idiot on this forum said it was not sustainable, imagine!, for a raw material that is your backyard.
The only reason why does refineries can never work is because some crooks somewhere up north will lose money.
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by okewumi: 10:19am On Jun 16, 2022
But we have abundant untapped natural Gas. Manufacturing company can run on gas now. What's the problem of this country ?
Oando {Axxela) were laying gas pipeline from Lagos to Sagamu but all of a sudden, l did not see the project again. Why not lay the pipe to Ibadan in their industrial hubs (along express] and Ore so that industries can enjoy the loop?
Sincerely if developed countries colonise us again, they will transform the country within short period.
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by EdoBoy90(m): 11:02am On Jun 16, 2022
MyVILLAGEpeople:


I thought ASUU is demanding for 1.3 trillion Naira? It’s not 80 billion sir.

How can the whole federal universities under ASUU demand for 80 billion?
No na
.

1.3 trillion will span 4 years or more according to initial agreement. Less than 80bn naira what is required instantly to call off the strike.
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by MyVILLAGEpeople(m): 11:22am On Jun 16, 2022
EdoBoy90:
.

1.3 trillion will span 4 years or more according to initial agreement. Less than 80bn naira what is required instantly to call off the strike.


Ohh really? Didn’t know about that. Thanks for the info
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by jeremiah0817(m): 11:22am On Jun 16, 2022
Guy your company is big enough to generate light for Ur usage

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