| Re: Dangote Promises To End Fuel Import In 4 Years by EkoIle1: 7:07pm On May 24, 2013 |
@ bloggernaija:
You are 100% correct. 1 Like |
| Re: Dangote Promises To End Fuel Import In 4 Years by EkoIle1: 7:24pm On May 24, 2013 |
The Ok Free Trade Zone is developed by the OK Free Trade Zone Enterprise (OKFTZ Enterprise) a Public-Private-Partnership (PPP) between the two States Ogun and Ondo State and the Belgian Company IPEM.
IPEM (International Port Engineering and Management) is a European engineering and investment company specialised in port related infrastructures and Free Trade Zones.
While the zone is promoted by the two state Governments of Ogun and Ondo State, IPEM is the technical Partner in the PPP and brings it financial and technical capabilities to the project. In this way, the strengths of both the private and public sector are combined to turn this development into a success.
With its Headquarters and commercial department in based in Lagos and operational and technical department based in the OK Free Trade Zone, the OKFTZ Enterprise has a strong structure in place to assist your developments and to serve all your needs and requirements.    |
| Re: Dangote Promises To End Fuel Import In 4 Years by mayorjo4u: 7:27pm On May 24, 2013 |
You are thinking well for nigeria. I support your idea |
| Re: Dangote Promises To End Fuel Import In 4 Years by NOIBMUUL(m): 7:36pm On May 24, 2013 |
Mad Cow: Why would he build the refinery in Ondo State?! Does Ondo State have oil wells or does he intend to run pipes from Ondo to the South-South?! Ondo state has crude oil. |
| Re: Dangote Promises To End Fuel Import In 4 Years by iverson2319(m): 8:20pm On May 24, 2013 |
strangest: Locating the refinery in Ondo is okay... But how about the cost of transpoorting the crude to that part? Or afterall the consumer will pay keep quite kaduna refinary nko?? Which cost are u talking about nigeria transport oil from lagos to usa for refining what abt the cost Huh??you don't like better thing at all |
| Re: Dangote Promises To End Fuel Import In 4 Years by JaaizTech: 8:54pm On May 24, 2013 |
Mad Cow: Why would he build the refinery in Ondo State?! Does Ondo State have oil wells or does he intend to run pipes from Ondo to the South-South?! Basic Economics; among the factors of Production is "Nearness to Market Place" and "Nearness to raw materials". Ondo appears to fulfill both criteria in a well-balanced way. Ondo is quite close to the Niger-Delta and in fact also own oil wells hence fulfilling the "nearness to raw materials" criterion to a feasible degree, also Ondo is closer to Lagos (the bulk of the market) to a very feasible degree, hence fulfilling the "nearness to market " criterion. Ondo actually turns out to be a well thought out location. 1 Like |
| Re: Dangote Promises To End Fuel Import In 4 Years by Smooyis(m): 10:05pm On May 24, 2013 |
bloggernaija:
He will build it in ondo because.
1 the yorubas are accommodating
2 even if the country disintegrate,his property rights will be respected
3dangote has spent most of his life in the SW that he can be considered a yoruba (no different from getting a US passport after 5 yrs)
4 SW customary laws are unambiguous (no ifs or but )
5the yorubas are socially and politically sophisticated
6 the yorubas are open to good ideas and willing to adopt them .
7 the yorubas at the very core are not religious bigots so dangote is treated as a person , not as a Christian/Muslim /animist.(when Abacha was killing yorubas ,dangote was still treated as one of ours and was prospering )
8 ondo state is part of a largely homogeneous group.so there are no ijaw vs urhobos vs ikwerre vs ika vs ibiobio problem to anticipate
9the land will probably be given to him free of charge . (Yes we love this kind of development that if he wants the landscaping to be done for him, we will)
Business and economical reason
The investment climate in the southwest is the best in nigeria
1it is the safest
2it is the most populated with huge towns. In fact ondo state has more real urban areas than any other state outside the southwest ondo ,akure,owo,akoko,idanre,ile oluji,Idoani akoko,ore etc
3 it has the highest concentration of middle class in nigeria
4 it is close to the huge Lagos ,Ibadan ,OGUN industrial market and the other market west of Lagos
5 the coast east of Niger is littered with criminals gangs.
6 most of the other parts of the country are socially unstable(the leadership are almost never respected by their subject)
7 ondo state iis an oil producing state
About oil the raw material
Ondo state has oil and bitumen ,Lagos state has oil,there are potential in OGUN. OGUN has bitumen as well ,edo state too has some bitumen in the okada axis. Bitumen is simply heavier form of crude oil. It can be broken down to oil.
NOTE :the reserve of bitumen in ondo is larger than the Nigeria's entire crude oil reserve .
Refining oil is a value added service . You will still have to buy the oil at the international rate,your profit comes from refining and selling the product.
So if dangote cannot source crude oil from the Niger delta, he can by oil from Liberia,equatorial guinea,Cameroun, Ghana ,Libya ,Angola etc
So a refinery in ondo state ,Lagos,Benin ,Ibadan does not need the oil from the Niger delta to be profitable. It is an international market.
Loba pari. What else? |
| Re: Dangote Promises To End Fuel Import In 4 Years by Mavor: 10:11pm On May 24, 2013 |
exbash:
Why is there a refinery in Kaduna?.... He owns the business and all the feasibility studies have been done.... no be akara dem won fry there... A refinery does not have any business being in the north in Nigeria. Political decision by former military rulers. End of story |
| Re: Dangote Promises To End Fuel Import In 4 Years by Smooyis(m): 10:12pm On May 24, 2013 |
bloggernaija:
He will build it in ondo because.
1 the yorubas are accommodating
2 even if the country disintegrate,his property rights will be respected
3dangote has spent most of his life in the SW that he can be considered a yoruba (no different from getting a US passport after 5 yrs)
4 SW customary laws are unambiguous (no ifs or but )
5the yorubas are socially and politically sophisticated
6 the yorubas are open to good ideas and willing to adopt them .
7 the yorubas at the very core are not religious bigots so dangote is treated as a person , not as a Christian/Muslim /animist.(when Abacha was killing yorubas ,dangote was still treated as one of ours and was prospering )
8 ondo state is part of a largely homogeneous group.so there are no ijaw vs urhobos vs ikwerre vs ika vs ibiobio problem to anticipate
9the land will probably be given to him free of charge . (Yes we love this kind of development that if he wants the landscaping to be done for him, we will)
Business and economical reason
The investment climate in the southwest is the best in nigeria
1it is the safest
2it is the most populated with huge towns. In fact ondo state has more real urban areas than any other state outside the southwest ondo ,akure,owo,akoko,idanre,ile oluji,Idoani akoko,ore etc
3 it has the highest concentration of middle class in nigeria
4 it is close to the huge Lagos ,Ibadan ,OGUN industrial market and the other market west of Lagos
5 the coast east of Niger is littered with criminals gangs.
6 most of the other parts of the country are socially unstable(the leadership are almost never respected by their subject)
7 ondo state iis an oil producing state
About oil the raw material
Ondo state has oil and bitumen ,Lagos state has oil,there are potential in OGUN. OGUN has bitumen as well ,edo state too has some bitumen in the okada axis. Bitumen is simply heavier form of crude oil. It can be broken down to oil.
NOTE :the reserve of bitumen in ondo is larger than the Nigeria's entire crude oil reserve .
Refining oil is a value added service . You will still have to buy the oil at the international rate,your profit comes from refining and selling the product.
So if dangote cannot source crude oil from the Niger delta, he can by oil from Liberia,equatorial guinea,Cameroun, Ghana ,Libya ,Angola etc
So a refinery in ondo state ,Lagos,Benin ,Ibadan does not need the oil from the Niger delta to be profitable. It is an international market.
Loba pari. What else? |
| Re: Dangote Promises To End Fuel Import In 4 Years by Smooyis(m): 10:14pm On May 24, 2013 |
bloggernaija:
He will build it in ondo because.
1 the yorubas are accommodating
2 even if the country disintegrate,his property rights will be respected
3dangote has spent most of his life in the SW that he can be considered a yoruba (no different from getting a US passport after 5 yrs)
4 SW customary laws are unambiguous (no ifs or but )
5the yorubas are socially and politically sophisticated
6 the yorubas are open to good ideas and willing to adopt them .
7 the yorubas at the very core are not religious bigots so dangote is treated as a person , not as a Christian/Muslim /animist.(when Abacha was killing yorubas ,dangote was still treated as one of ours and was prospering )
8 ondo state is part of a largely homogeneous group.so there are no ijaw vs urhobos vs ikwerre vs ika vs ibiobio problem to anticipate
9the land will probably be given to him free of charge . (Yes we love this kind of development that if he wants the landscaping to be done for him, we will)
Business and economical reason
The investment climate in the southwest is the best in nigeria
1it is the safest
2it is the most populated with huge towns. In fact ondo state has more real urban areas than any other state outside the southwest ondo ,akure,owo,akoko,idanre,ile oluji,Idoani akoko,ore etc
3 it has the highest concentration of middle class in nigeria
4 it is close to the huge Lagos ,Ibadan ,OGUN industrial market and the other market west of Lagos
5 the coast east of Niger is littered with criminals gangs.
6 most of the other parts of the country are socially unstable(the leadership are almost never respected by their subject)
7 ondo state iis an oil producing state
About oil the raw material
Ondo state has oil and bitumen ,Lagos state has oil,there are potential in OGUN. OGUN has bitumen as well ,edo state too has some bitumen in the okada axis. Bitumen is simply heavier form of crude oil. It can be broken down to oil.
NOTE :the reserve of bitumen in ondo is larger than the Nigeria's entire crude oil reserve .
Refining oil is a value added service . You will still have to buy the oil at the international rate,your profit comes from refining and selling the product.
So if dangote cannot source crude oil from the Niger delta, he can by oil from Liberia,equatorial guinea,Cameroun, Ghana ,Libya ,Angola etc
So a refinery in ondo state ,Lagos,Benin ,Ibadan does not need the oil from the Niger delta to be profitable. It is an international market.
Loba pari. What else? |
| Re: Dangote Promises To End Fuel Import In 4 Years by Smooyis(m): 10:14pm On May 24, 2013 |
bloggernaija:
He will build it in ondo because.
1 the yorubas are accommodating
2 even if the country disintegrate,his property rights will be respected
3dangote has spent most of his life in the SW that he can be considered a yoruba (no different from getting a US passport after 5 yrs)
4 SW customary laws are unambiguous (no ifs or but )
5the yorubas are socially and politically sophisticated
6 the yorubas are open to good ideas and willing to adopt them .
7 the yorubas at the very core are not religious bigots so dangote is treated as a person , not as a Christian/Muslim /animist.(when Abacha was killing yorubas ,dangote was still treated as one of ours and was prospering )
8 ondo state is part of a largely homogeneous group.so there are no ijaw vs urhobos vs ikwerre vs ika vs ibiobio problem to anticipate
9the land will probably be given to him free of charge . (Yes we love this kind of development that if he wants the landscaping to be done for him, we will)
Business and economical reason
The investment climate in the southwest is the best in nigeria
1it is the safest
2it is the most populated with huge towns. In fact ondo state has more real urban areas than any other state outside the southwest ondo ,akure,owo,akoko,idanre,ile oluji,Idoani akoko,ore etc
3 it has the highest concentration of middle class in nigeria
4 it is close to the huge Lagos ,Ibadan ,OGUN industrial market and the other market west of Lagos
5 the coast east of Niger is littered with criminals gangs.
6 most of the other parts of the country are socially unstable(the leadership are almost never respected by their subject)
7 ondo state iis an oil producing state
About oil the raw material
Ondo state has oil and bitumen ,Lagos state has oil,there are potential in OGUN. OGUN has bitumen as well ,edo state too has some bitumen in the okada axis. Bitumen is simply heavier form of crude oil. It can be broken down to oil.
NOTE :the reserve of bitumen in ondo is larger than the Nigeria's entire crude oil reserve .
Refining oil is a value added service . You will still have to buy the oil at the international rate,your profit comes from refining and selling the product.
So if dangote cannot source crude oil from the Niger delta, he can by oil from Liberia,equatorial guinea,Cameroun, Ghana ,Libya ,Angola etc
So a refinery in ondo state ,Lagos,Benin ,Ibadan does not need the oil from the Niger delta to be profitable. It is an international market.
Loba pari. What else? |
| Re: Dangote Promises To End Fuel Import In 4 Years by ayoJ21(m): 11:23pm On May 24, 2013 |
Uyi Iredia:
I once heard from a source he owns a large farm in Port-Harcourt. Satisfied ? rivers-portharcourt is a SS state.satisfied? |
| Re: Dangote Promises To End Fuel Import In 4 Years by ayoJ21(m): 11:36pm On May 24, 2013 |
saintedwards: Mr Dangote is truly a visionary unlike our former ex president selling bread around. Ride on sir Nigerian are happy with u Mr dan hm former ex president?nawao...daz tautology my broda |
| Re: Dangote Promises To End Fuel Import In 4 Years by jaybee(f): 12:09am On May 25, 2013 |
enesy4u:
Se NA only south south oil well dey 4 naija. Ondo state have producing crude oil since 1999 and for the records its d most peaceful oil producing state in Nigeria. So please stop hating on my DEAR STATE NO SIR. OIL PRODUCTION IN ONDO STATE HAVE BEEN A GOING CONCERN SINCE EARLY 1960s. Check out with the predecessors of Chevron. Gulf oil and Texaco. 2 Likes |
| Re: Dangote Promises To End Fuel Import In 4 Years by porka: 3:13am On May 25, 2013 |
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| Re: Dangote Promises To End Fuel Import In 4 Years by meetvic: 3:17am On May 25, 2013 |
Make we dey careful o! Very soon, we go hear and see say Dangote refinery dey recruit. because our ear dey stnd once we hear OIL |
| Re: Dangote Promises To End Fuel Import In 4 Years by porka: 3:32am On May 25, 2013 |
Eko Ile: I'm no fan of Mimiko, but one think I do respect in creativity and vision.
[/b]They don't have access to the sea in Ondo state, but they've managed not only to create access to the sea, they've also managed to so spun their oil and Natural resources into a major Energy and manufacturing hub with the [b]OK free trade zone and other emerging investments..
For them to gain access to the sea and move their goods and services to major markets all the way down to Lagos, they teamed up with Ogun to actualize the joint free trade zone because Ogun state via Lagos has little access to the sea.
Now they have access to a deep see port attache to the trade zone under construction as we speak and I'm also 100% sure Dangote saw this before making the decision to site his refinery in Ondo state. Moving his products to major markets and the outside world is a safe and straight shot from Ondo to industries in Ogun, Lagos and the deep sea port....
This is a win win situation for job seeking Nigerians, the investors including Dangote, Ogun state government and Ondo state government and by extension, the Lagos state government because the HQ for the free trade zone is in Lagos state so corporate taxes goes to the Lagos state government.
There is no handicap anywhere, the only handicap is you limiting yourself by not finding creative ways to walk around your handicap... 1) Mimiko is a master-strategist and a first-class performer but OKFTZ predates his administration. 2) Corporate taxes goes to the Federation Account. |
| Re: Dangote Promises To End Fuel Import In 4 Years by John317: 5:00am On May 25, 2013 |
So much ignorance in Nigeria. People know Wizzkid's mother's name but do not know that Ondo is not only an oil producing state, but a refiners dream. It is along the coast so pipelines can easily be layed to Escravos or to the several marginal fileds onshore the western Niger delta.
Also, the brand of the so called South South is totally destroyed when it comes to major capital projets. Ask Shell, Chevron and other IOCs. Only a foolish businessman will invest his money where the citizens are constantly threatening to secede, do gbege, force you to employ thousands of labour force you dont need and have a larger than life sense of entitlement. Only a fool. And Dangote is not one. Kudos to Ondo state and all other sensible states for being cool headed and business focused. 1 Like |
| Re: Dangote Promises To End Fuel Import In 4 Years by John317: 5:09am On May 25, 2013 |
Eko Ile: I'm no fan of Mimiko, but one think I do respect in creativity and vision.
They don't have access to the sea in Ondo state, but they've managed not only to create access to the sea, they've also managed to so spun their oil and Natural resources into a major Energy and manufacturing hub with the OK free trade zone and other emerging investments..
For them to gain access to the sea and move their goods and services to major markets all the way down to Lagos, they teamed up with Ogun to actualize the joint free trade zone because Ogun state via Lagos has little access to the sea.
Now they have access to a deep see port attache to the trade zone under construction as we speak and I'm also 100% sure Dangote saw this before making the decision to site his refinery in Ondo state. Moving his products to major markets and the outside world is a safe and straight shot from Ondo to industries in Ogun, Lagos and the deep sea port....
This is a win win situation for job seeking Nigerians, the investors including Dangote, Ogun state government and Ondo state government and by extension, the Lagos state government because the HQ for the free trade zone is in Lagos state so corporate taxes goes to the Lagos state government.
There is no handicap anywhere, the only handicap is you limiting yourself by not finding creative ways to walk around your handicap... Did i read you correctly? "They dont have access to the sea in Ondo state?" Have you see the Nigerian map at all? |
| Re: Dangote Promises To End Fuel Import In 4 Years by EkoIle1: 5:21am On May 25, 2013 |
John_316:
Did i read you correctly? "They dont have access to the sea in Ondo state?" Have you see the Nigerian map at all? They do, look up there for the correction. Fact is, they picked a safer and better access to Lagos, other markets and beyond via Ogun state. |
| Re: Dangote Promises To End Fuel Import In 4 Years by EkoIle1: 5:26am On May 25, 2013 |
porka:
1) Mimiko is a master-strategist and a first-class performer but OKFTZ predates his administration.
2) Corporate taxes goes to the Federation Account.
Not according to the Lagos state government. You can not set up shop in Lagos without paying something to the state even plus employee parole tax.. |
| Re: Dangote Promises To End Fuel Import In 4 Years by Donald1987(m): 7:54am On May 25, 2013 |
Mad Cow: Why would he build the refinery in Ondo State?! Does Ondo State have oil wells or does he intend to run pipes from Ondo to the South-South?! bros is like ur ignorrant in dis part of d world,is ondo nt part of niger delta again,try n cross check fact b4 u comment or u wil b ban frm nl |
| Re: Dangote Promises To End Fuel Import In 4 Years by muktarmtt(m): 9:03am On May 25, 2013 |
Exponental: If he can achieve this, I will join his campaign for presidency if he has interest. He will not so dat u have a chnce say some rubbish ting abt him coursenn hin nd say nd call him aboki he chop ur money, he will not contest get lost, I tot u said all abokis r jst lyk cows wat happn 2 d u wanna cow 2 rule u now daz make all cows hahaha dis ppl emaze mtsw |
| Re: Dangote Promises To End Fuel Import In 4 Years by olivertwist: 9:11am On May 25, 2013 |
J12: How does he intend to make a profit from his refineries? This is a very difficult question for me as well. Let me call this 2year old boy next door to come and help us...***I'll be right back*** Emeka! Emeka!! Emeka!!! |
| Re: Dangote Promises To End Fuel Import In 4 Years by muktarmtt(m): 9:17am On May 25, 2013 |
Mad Cow: Why would he build the refinery in Ondo State?! Does Ondo State have oil wells or does he intend to run pipes from Ondo to the South-South?! U tink say Aboki na. Get brain u want dere so dat ur stupid militance dukuboo, clark, etc will not go there nd start anoda war jst 2 get money frm him useless ppl |
| Re: Dangote Promises To End Fuel Import In 4 Years by muktarmtt(m): 9:19am On May 25, 2013 |
Mad Cow: Why would he build the refinery in Ondo State?! Does Ondo State have oil wells or does he intend to run pipes from Ondo to the South-South?! U tink say Aboki no Get brain u want dere so dat ur stupid militance dukuboo, clark, etc will not go there nd start anoda war jst 2 get money frm him useless ppl |
| Re: Dangote Promises To End Fuel Import In 4 Years by muktarmtt(m): 9:25am On May 25, 2013 |
Nairaplus: But, why Ondo? Maybe he's afraid of militancy in the Niger Delta!
Militants fit migrate o! Or even self, dem fit evolve! Make una help me tell am. let dem come 2 ondo nd see wat hppnd useless ppl 1 Like |
| Re: Dangote Promises To End Fuel Import In 4 Years by naptu2: 9:55am On May 25, 2013 |
olivertwist:
This is a very difficult question for me as well. Let me call this 2year old boy next door to come and help us...***I'll be right back*** Emeka! Emeka!! Emeka!!! Hahahahahahahahahahahahahahahahahahahahahhaha! |
| Re: Dangote Promises To End Fuel Import In 4 Years by ddeola: 3:55pm On May 25, 2013 |
Na today ! Abi U don tire to dey loot? |
| Re: Dangote Promises To End Fuel Import In 4 Years by Yusluv77(m): 4:06pm On May 25, 2013 |
I dont knw how some people are even thinking, bringing it to Ondo state is not a good thing, but it's good has our clueless leader keep taken it out of the Country to refine in Texas with huge amount of money that doesn't have any good effect on citizen... #Dangote ride on# More strength to your elbow... "One LoVe Nigeria.." |
| Re: Dangote Promises To End Fuel Import In 4 Years by adexy1234: 4:20pm On May 25, 2013 |
very good |
| Re: Dangote Promises To End Fuel Import In 4 Years by emmatok(m): 5:10pm On May 25, 2013 |
LOL, this thread is an eye opener.
When I tell people that the SW is the most productive part of Nigeria both in Natural and Human resources, dem go dey vex.
All they know is Lagos. |
