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Nairaland Forum / Nairaland / General / Business / Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. (48811 Views)
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Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by Chudichu(m): 7:05am On Sep 18, 2016 |
Byko899:As a leader of a nation like Nigeria, stubbornness is a very important attribute. Why? you could as Margaret Thatcher. The former finances minister spoke of how State Governors pressured GEJ to spend and share money that was supposed to be saved for a time like this, but he bent over now he are struggling. Stubbornness or been strong willed is an attribute of a leader standing firm on what you believe in, there is a saying "If you do not stand for something, you did fall for everything". 1 Like |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by davidif: 7:55am On Sep 18, 2016 |
My own suggestion before was that they should even sell 100 percent of NLNG. I don’t think government should be in any business of investing in sectors of LNG. Man, why didn't we appoint this guy as minister of finance? |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by lastpage: 7:59am On Sep 18, 2016 |
idupaul: Since the Nigerian Govt have been selling its Assets, from NITEL, to Ajaokuta, to NEPA, e.t.c, What benefit has come to the "common citizens" in these fire-sales, apart from PAYING HIGHER PRICES FOR NON-EXISTING SERVICES while further enriching the same looters who loot our treasury to acquire these Assets at rock-bottom prices. I am sure all the looters are already lining up to acquire the LNG, so launder their stolen wealth while Dangotte sef wants to use the opportunity of his "Mallam" to acquire it. We have criminals ruling us since 1979, we know it and they know it. Lastpage! 1 Like |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by evy1(m): 8:00am On Sep 18, 2016 |
kushe:So Singapore that has one of the greatest economy in the world, Did there go through that same route? |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by lastpage: 8:18am On Sep 18, 2016 |
kingmekus: Silliness of people like you is that once your hear GEJ's name mentioned, your brains goes into OVERDRIVE! Even if someone told you that the Earth is bigger than the Sun, you will admit it as fact but if they just said GEJ did something, then you will start foaming in the mouth. And to think that those of you rabidly defending the clueless clown did not benefit from his looting and mismanagment? SMH Lastpage! 1 Like |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by davidif: 8:51am On Sep 18, 2016 |
rusher14: Why should the govt be involved in the energy industry the first place? Isn't there job just to collect taxes, regulate and to make sure everyone is following the rules? In developed countries, govts (be it central, state or local) usually have no business getting involved in the oil business or controlling resources, they simply leave that to the free market. Naija would be out of a recession if they too had there hands out of business like Natural gas (or oil) and leave it to private enterprise. Until we learn private property rights and the power of the free markets in this country, the country might not reach its potential. I have said it before and i would say it again, STATISM does not work. There is a reason why Nigeria and other African countries are poor and that's partly because statist policies in those countries that stifle innovation and job creation. If you think i am lying check out Nigeria's rank in the Economic Freedoms Index, you would see that Nigeria ranks #116 and they are wondering why Nigeria is still poor. http://www.heritage.org/index/ranking [size=14pt]stat·ism[/size] ˈstātˌizəm/Submit noun a political system in which the state has substantial centralized control over social and economic affairs. Example: Nigeria practices statism. Another example: Statism has failed woefully in Nigeria. 1 Like |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by davidif: 8:53am On Sep 18, 2016 |
Businessideas: stat·ism ˈstātˌizəm/Submit noun a political system in which the state has substantial centralized control over social and economic affairs. Example: Nigeria practices statism. Another example: Statism has failed woefully in Nigeria. Dude, Dangote is right. The fed govt has noooooooooooo business getting involved in business like the energy industry. There job is to monitor, regulate and collect taxes. This (statism) is one of the things that has been holding Nigeria back for decade. 1 Like |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by badman007(m): 9:52am On Sep 18, 2016 |
We can do this guys... Whoever has stolen our funds, abeg this is the time to bring it out and safeguard the future of our children and generations yet unborn. I'd hate to see a British, American or Chinese company codedly owning our assets. Say no to coded colonisation. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by badman007(m): 10:02am On Sep 18, 2016 |
ayobase: A potentially Powerful country selling off its powerful assets to powerful countries. Fantastic key to power! Clap for yourself. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by kingmekus(m): 10:19am On Sep 18, 2016 |
And I guess blaming him every time makes you feel better abi? Hope you won't blame him for your incapabilities to act like a man someday?? cos it really sucks that any slightest issue you bring Gej's name I think you should blame your father for not giving the life you so desire.. iranu |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by ennecco: 12:39pm On Sep 18, 2016 |
my opinion IT IS TIME FOR NIGERIA TO TELL BUHARI TO RESIGN .by fire by force |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by slendxy: 1:19pm On Sep 18, 2016 |
Businessideas:the blame game ain't working. This present administration wants us all to toe that line but it should be rejected by every progressive mind. How can you tell me that the last administration was very corrupt and that PDP is a very corrupt Party while most of the people from that "corrupt" party are enjoying immunity just because they defected to APC. This administration have been lying to us, infact they got our votes through lies and in my place it is said that "a liar is worse than a thief". The fact that this administration is more vocal than the past one does not mean that there words is " a and amen". I wonder why of all the past leaders, only GEJ is singled out for this blame game. Could it be that the others know what Buhari knows or they fight dirtier than GEJ and Buhari knows it? I just want Buhari to move us forward chikina. I want him to appoint the best minds to turn things around for good in this country. GEJ is past tense. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by MrSly(m): 1:45pm On Sep 18, 2016 |
idupaul:You are just intelligent. Don't mind the e-warrior. He is APC payroll and as rightly pointed out, he has myopia. 1 Like 1 Share |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by Blue3k(m): 2:44pm On Sep 18, 2016 |
dunkem21: That's not patrotism that's stupid. Firstly government has no business running business. That should be left to market. Second you have seen them run business into ground and you're suggesting to throw them more in for them to waste. This is how I know Nigerians are addicted to failure. Instead of adopting free market principles and privation of industry. People like you and millions other cry for same thing and expect different results. They failed in power generation NEPA, Failed at Telecom, failed in oil business, failed at infastrure and land management. Now you want people to throw more money in blind statist worship instead of trusting your own country men in business to run it profitably. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by Nobody: 3:28pm On Sep 18, 2016 |
Mockinbird:Are you alright? when did observing happenings in this country become zombiism Plz don't ever class me with brainless people again unless u want shoponu and amadioha to consider your case |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by winnah(f): 4:33pm On Sep 18, 2016 |
rusher14:Take it o leave it I agree with him. He is right. It's all about th country to boost her reserve sell off those toxic asset. Then use the proceed to boost our foreign reserves. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by rusher14: 4:52pm On Sep 18, 2016 |
winnah: But is the NLNG a toxic asset? |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by ayobase(m): 7:56pm On Sep 18, 2016 |
badman007: See this one. I culled out to you the point you missed cos you refused to read and understand, and here you are ranting. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by Khez: 9:27pm On Sep 18, 2016 |
HE WOULD HAVE JUST TOLD US STRAIGHT UP TO SELL TO HIM ONYE ARA , SINCE HE WANTS TO EVEN BUY US JOIN........ |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by winnah(f): 11:56pm On Sep 19, 2016 |
rusher14:I will say "yea" to an extent. "Ask me why" because it's not yielding to its purpose. What is toxic asset? It's an asset who's value has fallen significantly. Brother please let's be realistic, any firm, or establishment that is under the control of government is bound to fail or mismanagement most especially in our country Nigeria . It's way more better in the hands or control by the private entity. Use America as a reference point. We glamour that we have liquefied natural gas yet we haven't taped it to our best advantage. the government is incompetent to manage this sector so let it be run by the private. It just my own observation. 1 Like |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by rusher14: 12:05am On Sep 20, 2016 |
winnah: The NLNG has been one of our best performers hence the reason why a businessman such as Dangote realising the desperate situation of the country is already declaring interest albeit surreptitiously. It is mostly managed by the JV partners. The deals of sales are more straightforward and long term. Dangote is simply trying to cash in on desperate times of the Nation rather desperate times for NLNG. I can give him a few pointers to what he should be looking - the national stadium in Surulere might be of use to him after all, he once proclaimed his intention to buy arsenal football club yet another successful brand. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by badman007(m): 2:16am On Sep 20, 2016 |
ayobase: I refused to read and understand? That's the problem with the likes of you, you like to read and swallow everything hook line and sinker. I pray you'd grow up one day and learn to think for yourself and ask questions. Mbok, would you sell your car to buy petrol? |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by ayobase(m): 10:40am On Sep 20, 2016 |
badman007: You don't need to misinterpret someone to satisfy your curiosity. The message is clear as Dangote related. He didn't mention only China. Nevertheless, one looks more stupid when one fails to accept one's mistake, but covering it up. I have given up you. Take care. 1 Like 1 Share |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by DarkRed(m): 11:30am On Sep 20, 2016 |
Hmmm...this man wan use Nigeria blow. Damn. But at least it's Dan Gote. |
Re: Dangote To FG: Sell NLNG, Beef Up Reserves, And Recession Will Go By December.. by Boxer007(m): 5:33pm On Aug 15, 2018 |
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