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Dangote Refinery Begins Operations Amid Lingering Fuel Crisis - Business (7) - Nairaland

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Dangote Refinery Begins Operations / Giant Dangote Oil Refinery Begins Production In 3rd Quarter / Japanese Company Miniso Begins Operations In Nigeria (2) (3) (4)

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Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by erico2k2(m): 6:51pm On May 12, 2023
Pascal9:
you are a local Nigeria engineer , you got nothing upstairs , combustion win then because of John d Rockefeller standard oil monopoly , Nigeria engineer ask yourself, why all the major auto industries are investing billions of dollars in electric vehicles development, Volkswagen is investigating close to 80 billion dollars, Daimler is investigating 60billion dollars, ford general motors, and leader Tesla in investing billions of dollars and a local hungry Nigeria engineer is predicting the demise of an industry that is a game changer
You see people who talk like you have no clue,So you think the Nigerian Engineers have no real knowledge how the world works? This shows you are not educated. YI I'm a UK trained Fluid Engineer with more than 20 years' experience, My job has taken me round the globe,I have worked in the Automation of both Land rover and BMW plants in German and in the Uk,In EU this was how they hyped Diesel cars but the Americans did not buy the idea, look what happened
Now we got that out of the way let me lecture you a bit
In the year 1881: French inventor Gustave Trouve exhibits a three- wheeled car with a rechargeable battery at the International Exhibition of Electricity held in Paris and also in 1882: English professor William Ayrton together with an Irish professor John Perry invent a three-wheeled electric vehicle that could travel up to 25 miles at 9 mph.
FYI
https://www.caranddriver.com/features/g43480930/history-of-electric-cars/

The first commercially successful internal combustion engine was created by Étienne Lenoir around 1860, and the first modern internal combustion engine, known as the Otto engine, was created in 1876 by Nicolaus Otto.

Mr Heaven Engineer as you can see Electric cars has been around for almost as long as IC Engines!

1 Like

Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 8:17pm On May 12, 2023
erico2k2:

You see people who talk like you have no clue,So you think the Nigerian Engineers have no real knowledge how the world works? This shows you are not educated. YI I'm a UK trained Fluid Engineer with more than 20 years' experience, My job has taken me round the globe,I have worked in the Automation of both Land rover and BMW plants in German and in the Uk,In EU this was how they hyped Diesel cars but the Americans did not buy the idea, look what happened
Now we got that out of the way let me lecture you a bit
In the year 1881: French inventor Gustave Trouve exhibits a three- wheeled car with a rechargeable battery at the International Exhibition of Electricity held in Paris and also in 1882: English professor William Ayrton together with an Irish professor John Perry invent a three-wheeled electric vehicle that could travel up to 25 miles at 9 mph.
FYI
https://www.caranddriver.com/features/g43480930/history-of-electric-cars/

The first commercially successful internal combustion engine was created by Étienne Lenoir around 1860, and the first modern internal combustion engine, known as the Otto engine, was created in 1876 by Nicolaus Otto.

Mr Heaven Engineer as you can see Electric cars has been around for almost as long as IC Engines! what is this novice talking about, I gave you reason why electric car was suppressed then by vested interest, and you are here talking about people that couldn't commercialise their inventions, mumu in 1860 or1876, is electricity mainstream, you are not an engineer, you are claiming what you are not.you are wiser than the CHINESE and AMERICAN BUSINESS MEN INVESTING BILLIONS IN NEXT GENERATION BATTERY, even with current battery milage, one can drive up 500km before needing to recharge, Oga you don't know a jack

Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 8:21pm On May 12, 2023
erico2k2:

You see people who talk like you have no clue,So you think the Nigerian Engineers have no real knowledge how the world works? This shows you are not educated. YI I'm a UK trained Fluid Engineer with more than 20 years' experience, My job has taken me round the globe,I have worked in the Automation of both Land rover and BMW plants in German and in the Uk,In EU this was how they hyped Diesel cars but the Americans did not buy the idea, look what happened
Now we got that out of the way let me lecture you a bit
In the year 1881: French inventor Gustave Trouve exhibits a three- wheeled car with a rechargeable battery at the International Exhibition of Electricity held in Paris and also in 1882: English professor William Ayrton together with an Irish professor John Perry invent a three-wheeled electric vehicle that could travel up to 25 miles at 9 mph.
FYI
https://www.caranddriver.com/features/g43480930/history-of-electric-cars/

The first commercially successful internal combustion engine was created by Étienne Lenoir around 1860, and the first modern internal combustion engine, known as the Otto engine, was created in 1876 by Nicolaus Otto.

Mr Heaven Engineer as you can see Electric cars has been around for almost as long as IC Engines!

Electric cars has been around for almost as long as IC Engines! what is this novice talking about, I gave you reason why electric car was suppressed then by vested interest, and you are here talking about people that couldn't commercialise their inventions, mumu in 1860 or1876, is electricity mainstream, you are not an engineer, you are claiming what you are not.you are wiser than the CHINESE and AMERICAN BUSINESS MEN INVESTING BILLIONS IN NEXT GENERATION BATTERY, even with current battery milage, one can drive up 500km before needing to recharge, Oga you don't know a jack
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by erico2k2(m): 9:07pm On May 12, 2023
Pascal9:
Electric cars has been around for almost as long as IC Engines! what is this novice talking about, I gave you reason why electric car was suppressed then by vested interest, and you are here talking about people that couldn't commercialise their inventions, mumu in 1860 or1876, is electricity mainstream, you are not an engineer, you are claiming what you are not.you are wiser than the CHINESE and AMERICAN BUSINESS MEN INVESTING BILLIONS IN NEXT GENERATION BATTERY, even with current battery milage, one can drive up 500km before needing to recharge, Oga you don't know a jack
Look at this ignorant one calling Chinese, do you know how many Chinese personal I have trained over the years? apart from Gun powder what has the Chinese ever invented in whole? I have gone fru your post on NL since 2018 you joined, all you got to talk about is Politics, you don't engage in science except one liner about American war ship firing Laser that was your bread and butter. You have never been in an Electric car I don't even believe you have seen one in your entire miserable life. The worlds 5% greedy persons are screaming EVs you too follow, there is zero advantage of electric cars to the man on the street.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by kingsclass: 10:16pm On May 12, 2023
LeoDeKing:
God bless Dangote, the CEO
God bless BAT, the president elect.
God bless PMB and PYO
God bless Nigeria and Nigerians
God bless SW SS NW NE and NC
Very very childish comment.A hate filled soul.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Papilagreen: 2:56am On May 13, 2023
We agree to disagree I guess but I understand where u coming from..
Its all good



nairalanda1:



Well, I am an enthusiast for green tech, and I believe in electric cars, and as a result I have done a bit of reading around the topic.We will get to a point where electric cars surpass petrol cars, but we are still decades away from that, the main issue being the battery problem.

You don't have to agree with me though.

Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Papilagreen: 2:59am On May 13, 2023
Saga16:


Are oil companies still into exploration?

If so, what for?

Good question

1 Like 1 Share

Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by MeineMutter: 9:03am On May 13, 2023
nairalanda1:


The guy i responded to has every right to be worried. Electric vehicles are getting better, and developed countries are putting in place measures to reduce dependence on petrol vehicles.

However, we are not yet at the point where EVERYONE would use EV, and even then, there is the issue of generating more power due to everyone needing to charge their batteries.......which means you still need a crude oil refinery because.....gas and diesel. Plus a lot that is used to make a car is plastic....refinery needed.

I don’t say he shouldn’t respond jare. I expect him to respond constructively and be fair. It is we’re to be somebody from his tribe that built that refinery, I am certain he would be happy and won’t be talking the way he talked.
Even over here in Europe, electric car owners go miles before they could find charging station. Most of their houses built before the advent of electric cars do not have the facilities or space to park the car and charge. Those (few) that make custom charging point in their houses pay heavily.
It’s because the guy doesn’t know how poor Africa is and how backward Africa is. That’s why he thinks electrical is something Africa needs now. We need to get out miles above th e poverty line first before we start thinking of EVs.

I don’t know what he would say when he hears that most of these automobiles manufacturers are also developing hydrogen fuel vehicles. Though this one is like water but how will Africa plug in to this, when some homes cannot buy N1,000 detergent to wash their clothes in Africa.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 3:38pm On May 13, 2023
erico2k2:

Look at this ignorant one calling Chinese, do you know how many Chinese personal I have trained over the years? apart from Gun powder what has the Chinese ever invented in whole? I have gone fru your post on NL since 2018 you joined, all you got to talk about is Politics, you don't engage in science except one liner about American war ship firing Laser that was your bread and butter. You have never been in an Electric car I don't even believe you have seen one in your entire miserable life. The worlds 5% greedy persons are screaming EVs you too follow, there is zero advantage of electric cars to the man on the street.
na mouth you get, keyboard engineer , local Nigeria man , I don't claim to be what I'm not
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by nairalanda1(m): 4:46pm On May 13, 2023
Abudu2000:
Dangote is one of the reasons nigeria will never have steady power because they are directly benefiting from it.

People like Dangote wants steady power supply...because steady light BENEFITS him a lot....reduced generator costs for all his factories.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by erico2k2(m): 9:35pm On May 13, 2023
Pascal9:
na mouth you get, keyboard engineer , local Nigeria man , I don't claim to be what I'm not
Unfortunately for you, I'm just stating the obvious. You are far from reality to acknowledge the bare fact that Nigerians abroad are doing unimaginable things and lead in various disciplines. You belong to them school of thought who think we all wash dishes and sweep the streets of the Uk or wash dead bodies or are carers.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by erico2k2(m): 9:39pm On May 13, 2023
Papilagreen:
Okay let me add my 2cents.. see to me I believe dangote refinery is already dead on arrival..

My points below..

I live in America and I can see the fast evolutions of mobility..
In the present day where we have trains that are faster that a speeding bullet shot out of the barrel of an AK-47..

Firstly 8 states in America already passed a bill to ban all petroleum fuel cars and switch to electric..
Hell I live in a mini town I won't say small but mini cause the town get level pass Abuja Lagos and jos put together is nothing compare. So when I stand outside my front yard say I take my dog out to go do her poop thing.. if I count 20 card drive by 12 are either all electric or hybrid..

Infact every car manufacturing companies are now switching to EV..

It's not just America it balls down to China Germany Russia Japan etc u name it..

Unless dangote wants to lobby in the Senate house to pass a bill for only petroleum cars and even at that, all automobile companies plan to switch to full EV by 2030.. it's already done on arrival.. unless dangote plans to build a car manufacturing company in Nigeria solely for gas cars i.e petroleum fuel car, if that's not his aim then that company is dead on arrival..

Funny part is our leaders they all stupid they travel abroad and they see all these and they still mumu think say petroleum n the future..
It's not.. even Dubai and Saudi Arabia are now switching from oil which they have in over mass quantity and switching to tech like AI and robotics because they know the petroleum they have will be obsolut soon enough. I guess dangote don't have goo business and financial advisors..
What he would have done if I was him is build a battery powered plant Nigeria have huge deposited of lithium if he was smart enough then he would have been the one supplying EV batteries to all EV companies and while those EV will be at competition he would have been on the safe side cause he will do good business world wide... Maybe na fuel for generators him wan dey supply for in the future I guess .
Let me ask one question here, what are the benefit of electric cars? And who does it benefits?
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 10:11pm On May 13, 2023
erico2k2:

Unfortunately for you, I'm just stating the obvious. You are far from reality to acknowledge the bare fact that Nigerians abroad are doing unimaginable things and lead in various disciplines. You belong to them school of thought who think we all wash dishes and sweep the streets of the Uk or wash dead bodies or are carers.
you are not in any abroad, you are too local in reasoning
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by erico2k2(m): 10:23pm On May 13, 2023
Pascal9:
you are not in any abroad, you are too local in reasoning
Typical. You own the monopoly for backward reasoning.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by michlins(m): 10:26pm On May 13, 2023
Papilagreen:
Okay let me add my 2cents.. see to me I believe dangote refinery is already dead on arrival..

My points below..

I live in America and I can see the fast evolutions of mobility..
In the present day where we have trains that are faster that a speeding bullet shot out of the barrel of an AK-47..

Firstly 8 states in America already passed a bill to ban all petroleum fuel cars and switch to electric..
Hell I live in a mini town I won't say small but mini cause the town get level pass Abuja Lagos and jos put together is nothing compare. So when I stand outside my front yard say I take my dog out to go do her poop thing.. if I count 20 card drive by 12 are either all electric or hybrid..

Infact every car manufacturing companies are now switching to EV..

It's not just America it balls down to China Germany Russia Japan etc u name it..

Unless dangote wants to lobby in the Senate house to pass a bill for only petroleum cars and even at that, all automobile companies plan to switch to full EV by 2030.. it's already done on arrival.. unless dangote plans to build a car manufacturing company in Nigeria solely for gas cars i.e petroleum fuel car, if that's not his aim then that company is dead on arrival..

Funny part is our leaders they all stupid they travel abroad and they see all these and they still mumu think say petroleum n the future..
It's not.. even Dubai and Saudi Arabia are now switching from oil which they have in over mass quantity and switching to tech like AI and robotics because they know the petroleum they have will be obsolut soon enough. I guess dangote don't have goo business and financial advisors..
What he would have done if I was him is build a battery powered plant Nigeria have huge deposited of lithium if he was smart enough then he would have been the one supplying EV batteries to all EV companies and while those EV will be at competition he would have been on the safe side cause he will do good business world wide... Maybe na fuel for generators him wan dey supply for in the future I guess .
you will still need diesel to charge your electric car. Forget all these emissions standard and stuff, they're there for those conferences they attend and sign for more loans

Mark it somewhere, petrol will still power the greater part of industrialization for the next century.

Heck, crude and diesel are cheaper than electric. Lithium is very very scarce and it's a race to get enough. What is currently happening in the chip industry is nothing to what is coming
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 10:27pm On May 13, 2023
sparko1:


I don't know where you stay but I see horse almost every day, come to Lagos beach and see how lucrative having a horse is.
can you imagine
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 10:30pm On May 13, 2023
erico2k2:

Unfortunately for you, I'm just stating the obvious. You are far from reality to acknowledge the bare fact that Nigerians abroad are doing unimaginable things and lead in various disciplines. You belong to them school of thought who think we all wash dishes and sweep the streets of the Uk or wash dead bodies or are carers.
if you are truly living abroad, you won't reason like this, honestly
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by erico2k2(m): 10:56pm On May 13, 2023
michlins:
you will still need diesel to charge your electric car. Forget all these emissions standard and stuff, they're there for those conferences they attend and sign for more loans

Mark it somewhere, petrol will still power the greater part of industrialization for the next century.

Heck, crude and diesel are cheaper than electric. Lithium is very very scarce and it's a race to get enough. What is currently happening in the chip industry is nothing to what is coming
This was what Im trying to say here, but one ignorant user on here Pascal9 is masturbating on the term EV,These people speculating on EV don't even use EV, they are just how much money they are going to make until the fuss dies down again .The way 4ward is Hybrid. Imagine a journey from Southampton to Scotland with your family that will take about 6 hours straight drive, you will have to stop at least 2 times to charge and that might increase your travel time to 10 hrs, then if its i n the winter your car is going to take 3 times more to charge cos you will need to sit in your car to charge it and heating must be on cos you will freeze.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by michlins(m): 3:32am On May 14, 2023
erico2k2:

This was what Im trying to say here, but one ignorant user on here Pascal9 is masturbating on the term EV,These people speculating on EV don't even use EV, they are just how much money they are going to make until the fuss dies down again .The way 4ward is Hybrid. Imagine a journey from Southampton to Scotland with your family that will take about 6 hours straight drive, you will have to stop at least 2 times to charge and that might increase your travel time to 10 hrs, then if its i n the winter your car is going to take 3 times more to charge cos you will need to sit in your car to charge it and heating must be on cos you will freeze.
what is happening is that some people are basing opinion on what they hear on the news without adding practicality.

No single country has met its emissions goals and standard but someone thinks that companies will meet theirs in 2030.

But what's funny is that one johnny thinks he knows better than Dangote. Like how do you begin to think about it? Dangote will invest over $20bn in a project without a laid down rules on how to get returns on investment?

The defense industry has the highest carbon footprint but you have never heard them discuss electric car or emissions standard.


We're long way away from leaving crude oil. Even coal is still powering UK and I think Germany fired up its coals to beat energy deficiency due to Russia and Ukraine war
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Menclothing: 8:53am On May 14, 2023
GodsOwn2004:
Please how much is a bag of a locally produced Dangote cement at the moment?

How much is a bag of Uni cem
And elephant cement dangote is cheaper than them
If it’s east run it
Production price determines sp

How much is Air peace and other airlines
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 2:38pm On May 14, 2023
michlins:
what is happening is that some people are basing opinion on what they hear on the news without adding practicality.

No single country has met its emissions goals and standard but someone thinks that companies will meet theirs in 2030.

But what's funny is that one johnny thinks he knows better than Dangote. Like how do you begin to think about it? Dangote will invest over $20bn in a project without a laid down rules on how to get returns on investment?

The defense industry has the highest carbon footprint but you have never heard them discuss electric car or emissions standard.


We're long way away from leaving crude oil. Even coal is still powering UK and I think Germany fired up its coals to beat energy deficiency due to Russia and Ukraine war
you people are ignorant, Tanzania is building a 42billion dollars LNG, which will power the country, produce enough for ordinary people, with long term viability, but here, local mofos like you is hyping an outdated business that is dying. Electric car and trucks have come to stay. U can continue with your fusil fuel car but don't drag anybody back ward.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 2:41pm On May 14, 2023
erico2k2:

Typical. You own the monopoly for backward reasoning.
nobody will wait for backward and ignorant fellow like you
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by michlins(m): 3:52pm On May 14, 2023
Pascal9:
you people are ignorant, Tanzania is building a 42billion dollars LNG, which will power the country, produce enough for ordinary people, with long term viability, but here, local mofos like you is hyping an outdated business that is dying. Electric car and trucks have come to stay. U can continue with your fusil fuel car but don't drag anybody back ward.
you're so smart and I am ignorant.

Ikorodu Nikola Tesla, you're well done
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by erico2k2(m): 5:25pm On May 14, 2023
michlins:
what is happening is that some people are basing opinion on what they hear on the news without adding practicality.

No single country has met its emissions goals and standard but someone thinks that companies will meet theirs in 2030.

But what's funny is that one johnny thinks he knows better than Dangote. Like how do you begin to think about it? Dangote will invest over $20bn in a project without a laid down rules on how to get returns on investment?

The defense industry has the highest carbon footprint but you have never heard them discuss electric car or emissions standard.


We're long way away from leaving crude oil. Even coal is still powering UK and I think Germany fired up its coals to beat energy deficiency due to Russia and Ukraine war
What you talking lol EDF is building in new coal mine as we speak I worked there for two weeks last year.Cina has more coal mine than anyone else and they aint shutting down,Like I said Hybrid is the way to go not these Electric car bro haha gaolable are buying into.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by michlins(m): 6:41pm On May 14, 2023
erico2k2:

What you talking lol EDF is building in new coal mine as we speak I worked there for two weeks last year.Cina has more coal mine than anyone else and they aint shutting down,Like I said Hybrid is the way to go not these Electric car bro haha gaolable are buying into.
our ikorodu Nikola Tesla believes that because Tanzania is building a gas plant, the world is rushing to electric
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 7:34pm On May 14, 2023
michlins:
you're so smart and I am ignorant.

Ikorodu Nikola Tesla, you're well done
im not any tesla, but my brother, let us be honest, This guy enjoy soo much surport from the FG controld by his kinsmen, at least with the vast resources at his disposal, he should be building companies that should position the country in the technology map, if Chinese big boys were building refineries , china would lag behind.stop surporting mediocrity
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Parachoko: 8:36pm On May 14, 2023
Abudu2000:
you are kidding electric cars aside it being expensive and another reason is low power output thus making it infeasible for trucks and heavy duties, it’s selling fast in the state now. Though the batteries depreciate fast but compared to the cost of maintaining combustion engines and parts replacements not to mention its zero noise emission it is worth every penny spent on it.
Do you realize the amount of damage these exhaust smokes is causing to this plannet, most cancers have been traced to it.

At this era when everyone is working towards every option to phase out combustion engines, even top car brands like jaguar,volvo, benz and others have announced they will be shifting production into electric cars. Toyota is exploring more into electric cars since their hybrid variat performance was poor with bad reviews they ve announced to invest more in electric vehicles meanwhile dangote is here throwing billions buying steel pipes to convey oil, misplaced priorities.

You want to know why nigeria is yet to have 24hours electricity meanwhile small ghana here has moved on from darkness, these billionaires are the reason we are still suffering in this country. I even heard power distribution companies take bribes from filling stations to turn power of hust to sell fuel.
Crude Oil and Petrol will still be an essential commodity for at least 70 years.

1 Like

Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by michlins(m): 8:43pm On May 14, 2023
Pascal9:
im not any tesla, but my brother, let us be honest, This guy enjoy soo much surport from the FG controld by his kinsmen, at least with the vast resources at his disposal, he should be building companies that should position the country in the technology map, if Chinese big boys were building refineries , china would lag behind.stop surporting mediocrity
Ok your problem is that Dangote is not doing what you want him to do because of the amount of support he gets from the government?

Here's my advice, instead of hating on Dangote,learn what he did to get to where he currently is that every government plays by his own tune.

Just so you know, his refinery will turn profit in less than a decade of operation
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 10:27am On May 15, 2023
michlins:
Ok your problem is that Dangote is not doing what you want him to do because of the amount of support he gets from the government?

Here's my advice, instead of hating on Dangote,learn what he did to get to where he currently is that every government plays by his own tune.

Just so you know, his refinery will turn profit in less than a decade of operation
continuing this conversation is waste of time, go mark it today, that refinery can never make profit, unless FG is giving him free crude, even at that it will still be difficult, what Will he gain in commissioning an uncomplicated refinery just for buhari to claim it was built during his administration.how many nigerians will buy fuel at 700naira. Bunkering will finish his business
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by michlins(m): 10:50am On May 15, 2023
Pascal9:
continuing this conversation is waste of time, go mark it today, that refinery can never make profit, unless FG is giving him free crude, even at that it will still be difficult, what Will he gain in commissioning an uncomplicated refinery just for buhari to claim it was built during his administration.how many nigerians will buy fuel at 700naira. Bunkering will finish his business
you're the this intelligent and smart businessman and know better than Dangote but still not as rich as his drivers. But keep at it if it makes you happy
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by Pascal9: 11:06am On May 15, 2023
michlins:
you're the this intelligent and smart businessman and know better than Dangote but still not as rich as his drivers. But keep at it if it makes you happy
i may not be as rich as dangote or as smart as him, but am definitely not a fool, many big business have gone bankrupt because bad business decision, do you know how much tax payers money the FG have given to him, billions of dollars, he is indebted to many local and international lenders to the tone of 16billion dollars, he is paying close to a billion dollars in debt servicing to lenders, you people are right and I am wrong but time will tell.
Re: Dangote Refinery Begins Operations Amid Lingering Fuel Crisis by CyberHustle: 1:18pm On May 15, 2023
This is a fantastic investment irrespective of renewable and rechargeable techs.
We have electric pumps but so many people depend on petrol gen sets to pump water. Electric vehicle asides being very expensive will be hard to recharge without involving petrol driven engines. dangote is on the right path.

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