engrchykae:
its people like you either out. of the ostrich nature in them or deliberate attempt to make people believe that all is well with the current system.
whether spdc or BP does not matter since they are managed by one parent body.
For. ur info,all the coupists in Nigeria who have been pretending to be strongmen like abacha ,ibb,obj are. all loyal or submissive to British and Americans demands.
ur country is governed from Downing street not from ur ceremonial aso villa.
by the way,I want to see where the argument will lead.

Dude you are all over the place..

You said: SPDC has monopoly in the Nigerian Oil Sector.. I challenged that claim, you jumped to Ken Saro-Wiwa killing, I challenged that you went to the Gulf of Mexico oil spill (which was BP not SPDC), now you are at 10 Downing Street..

Oga Continu. .

engrchykae:
the sectors that were successfully privatised such as telecom were successful because the Anglo American big daddies were not. interested in them.
but areas such as agriculture,petroleum/petrochemicals,ajaokuta/steel will never work because
_political friends are appeased with rice importation licences.
-tin gods of aso villa are appeased with petroleum products importation licenses.
power will not work because of mega power generator companies such as aggreko,john Holt,etc have a strong presence in Nigeria.
as a very big market as viewed by the West because they do not look at Nigeria as a people but as a market,Nigeria needs to be importing food which runs into trillions of dollars.
so all. the noise about agriculture,power refining petroleum locally will remain party manifesto for a long while

Sorry, but I am not a believer in all the conspiracy stories out there about sabotage by alternative service providers. Telecoms had numerous alternatives in the days of NITEL, there were local area networks, the walkie takie, short wave radio market was booming, then came Thuraya and others. Why aren't these alternate service providers and their 'foreign collaborators' not bombing solar and inverter providers, GENCOS and DISCOS or nuking Dangote's refinery being built. I once worked in a company that ran a combined capacity of 1 megawatt and had a reserve diesel fuel storage of one million litres standby and I can tell you none of the expats loved it. They were always at odds with the whole idea. If there was a conspiracy, they would know and will certainly not be a part of it because they equally suffered.

MadCow1:



Dude you are all over the place..

You said: SPDC has monopoly in the Nigerian Oil Sector.. I challenged that claim, you jumped to Ken Saro-Wiwa killing, I challenged that you went to the Gulf of Mexico oil spill (which was BP not SPDC), now you are at 10 Downing Street..

Oga Continu. .

they are all connected,and I wonder why you chose to work for free as an advocate for shell

engrchykae:
they are all connected,and I wonder why you chose to work for free as an advocate for shell

I am not advocating for anyone.. Simply saying your statement on Shells monopoly is false.

frisky2good:
The solution to our problem is micro refineries. Deregulate it completely and allow anyone that is interested to open and operate a refinery. Some big companies use up to 1 billion Naira worth of fuel every year. They will be willing to finance any micro refinery that can guarantee them fuel at a reduced rate. 10 diesel suppliers can source for funds and start a micro refinery. All those militants in the niger delta that made money from oil surveillance contracts can open micro refineries. If we are waiting for someone to open one big refinery to satisfy us all, we will still be like this in 30 years time.

Good idea.

Zoharariel:
They are waiting for Dangote. That means If Dangote dies, Nigeria is doomed!

It is a PLc in theory so it can get better or worse without him. But no doubt he is a visionaire extraordinary. Nigeria should actively build more like him. That is the task of the parrtnership between government and the people. Everywhere in the world, great industrialists have been built by such synergy.

This private refinery ambition will move at the pace of Dangote. He has the capital, the confidence of significant players, government and investors.
When his is finished, it will be a sure thing and it doesn't matter how many other private refineries flounder, he will fill their niche and no one will be concerned if he eventually secures a monopoly over Nigeria's private refinery market.
All we are waiting for is Dangote. It may take another 2-5 five years, but it is no small matter that he is workng right now on a refinery so productive that it can fill all of Nigeria's domestic petrol needs when running in good order.
Dangote just may rise to a level of wealth that rivals any on earth if his refinery business does well where all others flounder. Nigeria has the raw materials and the entire continent needs the product. Its enough to make him the world's richest man if he expands into African export markets.
I just hope the International oil companies don't do the usual games of political manipulation to limit the reach of Dangote's petrol products. The world Oil market is no joke. Militaries go to war for the oil market and nations are made or broken over world oil market status. When Dangote sets foot into that scene, it is going to be a wild ride and there are forces in the world that will not just sit by while an african man secures enough of the oil market to become the world's richest man.

But Africa is changing and maybe nothing can stop the growing economy of Africa from producing the World's richest man.
If Dangote is the only one who can make stable productivity for the people's needs in a huge Nigerian economy, then so be it, let him become the world's richest man.
He makes change in the market that brings very useful things to people's lives and makes it more affordable as well. And you never hear his mouth in Politics or promising change, he is too busy delivering it and in fact he is the major economic plan of the presiding government of Nigeria. They are waiting for him to make the real change while they do the promising and chopping the reward in advance even when there is none yet, so they just take from the coffers and chop reward they did not earn.

4wrd9ja:

This are fake economic theories that will never work here ,we are in this shit because some people keep repeating this line that has never work ,countries adopt economic models that suit their situation not some copy and paste, the private sector alone can not Solve a country's problem during the meltdown in the u s a it was still the government that bailed them out. you can't hand over the whole economy to one man monopolist dangote, its not in the interest of the country in the long run, the government has to wake up to its duty like a responsible father not all this excuses

I agree with you, but the Dangote monopoly is not a true monopoly. It is simply a natural selection of the only one at present who seems to do the job well enough for a stable industry and economy. Who are the other viable players whose hands Dangote has tied? And the issue of government involvement for intervention, is on point but is only applicable in countries with actual governments rather than circus of looting clowns masquerading as leaders.

We need effective industrial producers and effective governement and that has simply never existed in Nigeria. There were cement factories in Nigeria before Dangote but something was not quite right until Dangote came along and prices have since gone down with output going up. There was agriculture and other industry in Nigeria before Dangote but something was not quite right until Dangote came in.
Dangote did not come in as a monopoly, he came in as another producer who happens to have a rare ingredient in Nigeria- STABILITY.
Even NGN of Abuja sef does not have stability nor a healthy level of productivity, infact they are known only for consuming/chop-chop until all the wealth is gone into their pockets where they have no sense of how to make it benefit the economy and grow at the same time. Dangote has that sense.
Dangote is not a true Monopoly, he is simply the only one who has done the job with Stability and good progress. So people turn to him always. The door is open for others to step up, but it will take time because Nigeria's legacy as a whole is opposite of Dangote. Dangote is simply the most viable option right now.

Let Dangote lead the way and when there is a robust spread of good infrastructure and vital industry, the government can come in and force dangote to divest if he is running a Monopoly where other truly viable players are being excluded. But first we need a governement that is competent and honest enough in itself to not force Dangote into Divesting his monopoly into a nepotic scheme contrived by politicians who deliver the parts and peices of Dangote industry to their friends and family rather than to people who have the knowledge, moral fibre and personal stability to keep it from becoming another chapter in the book titled "Things fall apart". Lets not forget Nigerias "Fantastic" productivity level in the sector of being corrupt and it makes the break of all other sectors.

We can't let it slip our minds that Nigeria is conditioned in ways that are waiting every day around every corner, to set upon all that is good to drain every last drop of life out of it without putting anything into it to grow or sustain it. Thats why conventional economic theory is not completely viable in Nigeria. Nigeria is still a very corrupt circus where convetional good sense will be abused and wasted.
Productivity is what Nigeria needs most now ,to escape the treadmill of foriegn market dependency and economic instability. If Dangote is the only one doing well enough and fast enough, then let it be until Nigeria is saturated with enough productivity.
The great monopoly era during the rise of US industrial complex was centered around steel, railroads and then oil. The Monopoly issue was not taken up until the country had been saturated with all the productivity that the monopolized industries made. At that saturation level, there was enough of a safety net to absorb any disruption to productivity created by a breaking up of the monopolies. And in reality, the industries were so well organized and already set up as different parts of the same industry as if it was already decentralized other than at the top where all the profit went.
Nigeria is far from that productivity saturation or stability of production. Fuel crisis has barely passed away and matters like tomato scarcity happen in Nigeria. Nigeria has a long way to go. USA was highly integrated with railroads, manufacturing and delivery during their Monopoly crisis.
Let Nigeria take up a Monopoly crisis when the economy is stable and well founded, otherwise its just another stress added to enhance the risk of instability.

Zoharariel:
They are waiting for Dangote. That means If Dangote dies, Nigeria is doomed!

not really

that guy has a board n lots of "silent investors"

Joavid:
This month makes it one year since 65 companies were granted licences to build modular refineries in Nigeria.
So far only one company was in the news when it claimed that it's refinery will be ready before 2016 ends. They later moved it early 2017.
and this has confirmed my assertion that private enterprises will not solve Nigeria's infrastructure deficits, and the way out is for governments to build those infrastructure and then sell them to the public. If that means taking foreign loans from ADB, IDB, or the World Bank, so be it. Yes, there is a risk that those loans may be squandered - as happened in the past - but that is minimal, understanding the present federal government.
But then, I expect such things to be important enough for Nigerians to keep track of their progress, but over time we got distracted with what Ayo Fayose or Dino Melaye is saying. I think we should keep our eyes on the things that matter most.

#justthinkingaloud

Wrong! Govts are not good at running companies they should be left to private enterprise.