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Nairaland Forum / Nairaland / General / Business / Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story (35156 Views)
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Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Opinionated: 4:23pm On Feb 12, 2018 |
Paddy Adenuga is in the news again. This time his story of how he almost bought Chevron Netherlands has been dissected by popular Economic analyst, Feyi Fawehinmi for Quartz Africa, his article can be summed-up in this except: “There’s much to commend in Adenuga’s tenacity and willingness to take a big bet. Certainly the Nigerian economy could do with a lot more bold and daring entrepreneurs willing to go against the grain of what is the acceptable way of doing things. The trouble is that his story is none of these at all. It is the same kind of story that has caused so many problems of late in the Nigerian economy.” He also compared Paddy’s tactics to that of his father billionaire businessman, Mike Adenuga: “In essence, these loans were taken out and then handed over to the taxpayer when they went bad. Around a third of these loans relate to the oil and gas ‘enclave’ as the chart from AMCON’s website shows. “Indeed, Adenuga senior was revealed to be a debtor to AMCON, among others, by a newspaper a couple of years ago. The last time AMCON published a list of its top 100 debtors, the top three were all oil and gas companies with close to $1 billion outstanding among them. All of them taken out in the heady days of $100 oil and aggressive assumptions about how much money it was possible to make.” The Article has not gone down well with Paddy, who tweeted: the #qzafrica article’s attempt to tie my chevron NL acquisition with AMCON is dangerous, ill-informed, and a case of poor journalism. i’d never use Nigeria’s tax payer money for a private European deal – NEVER! i’m open to criticism – i am just not open to lies and falsehoods. What do you think, is Feyi Fawehinmi right about Paddy’s business strategies? You can drop your comment below. souce: http://www.opinions.ng/paddy-adenuga-feyi-fawehinmi-clash-chevron-netherlands-story/ 4 Likes
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Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Johnnyakins: 4:24pm On Feb 12, 2018 |
Na Dem sabi 25 Likes 1 Share |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by zekepio(m): 4:36pm On Feb 12, 2018 |
i 3 Likes 1 Share |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Sharon6(f): 6:07pm On Feb 12, 2018 |
Whatever rocks their boats. GET RID OF SKIN TAGS IN JUST 5 DAYS... CHECK MY SIGNATURE! 2 Likes |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by justi4jesu(f): 6:07pm On Feb 12, 2018 |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Nobody: 6:07pm On Feb 12, 2018 |
I expected Paddy to ignore all these people talking cos of envy, who wudnt want to ride on their fathers wealth to achieve something greater for themselves. These are pained and envious set of people that dont deserve attention simple. I follow these guy on twitter and i tell you, he doesnt talk or should i say type like all these rich spoilt brats, he connotes intelligence which is very very rare. 67 Likes 3 Shares |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by simplemach(m): 6:08pm On Feb 12, 2018 |
Lies everywhere Shithole zoo |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Nobody: 6:08pm On Feb 12, 2018 |
Hmm |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Nobody: 6:09pm On Feb 12, 2018 |
If you are part of the team that doesn't give a hoot about this clash abi na crash. Come over here. It is fellowship time. Let's share the grace. 58 Likes 1 Share
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Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Authoreety: 6:09pm On Feb 12, 2018 |
Im d refree |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by MorataFC: 6:09pm On Feb 12, 2018 |
Clash of titans |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Nevee: 6:10pm On Feb 12, 2018 |
Only 1 Like |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by TenPassfour(m): 6:10pm On Feb 12, 2018 |
As it they hot like fire. |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by chloedogie(m): 6:10pm On Feb 12, 2018 |
One is trying to build an empire with or without the father's or family's support. I will always give credit to his likes. Alima Dangote and sisters are there too making waves unlike the so many prodigal sons of most billionaires in this country who all they do is party, sleep and wake up on social media pages. And here is one Feyi Fawehinmi trying to pull the guy down with fact that might be right or wrong. Checked his profile though, what do you expect from an analyst? Met with many of the Paddy Adenuga type and boy, they are rare. 27 Likes 4 Shares |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by NextGovernor(m): 6:10pm On Feb 12, 2018 |
I said it.... U for jejely dey anonymous as u were. People will start talking and bringing up stories about u soon and some will insult u.. 3 Likes 1 Share |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by kestolove95(m): 6:11pm On Feb 12, 2018 |
but ur dad is wanted na |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by CROWNWEALTH019(m): 6:11pm On Feb 12, 2018 |
Chi59:Cute teeth from this 1995 babe 1 Like |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by olapluto(m): 6:11pm On Feb 12, 2018 |
It is very simple. Wealth is generated by production and services. We do not produce much in Nigeria as our industries are mostly down. MOST rich Nigerians make their money from the populace. With a few millions, it is possible to infiltrate government pocket to get billions...e.g oil wells, subsidy payments, LEKKI TOLLGATE collections... 7 Likes |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Wiseandtrue(f): 6:15pm On Feb 12, 2018 |
Paddy Adenuga said it all. He is open to criticism but not lies! Some people can't do without pulling their fellow being down! Fawehinmi should support his assertion with evidence(s) or forever keep quiet! 23 Likes |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Xisnin(m): 6:15pm On Feb 12, 2018 |
olapluto:Everywhere in the world, rich people make money from populace(consumers). Nobody can ever become rich without selling goods or services to consumers. 22 Likes 1 Share |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by ODVanguard: 6:15pm On Feb 12, 2018 |
. |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by LordKO(m): 6:16pm On Feb 12, 2018 |
The Feyi of a guy has limited knowledge about project finance funding. Understanding will always remain superior to knowingness. 26 Likes 1 Share |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Nobody: 6:16pm On Feb 12, 2018 |
CROWNWEALTH019:thank you |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by RichDad1(m): 6:16pm On Feb 12, 2018 |
EP everywhere. Book economists/ analysts. Paddy, nothing don you jare. 3 Likes |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Empress2014(f): 6:23pm On Feb 12, 2018 |
"Silence is the best answer for a f*ol", you dont reply everyone. 1 Like |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by chijokz(m): 6:24pm On Feb 12, 2018 |
desreek9:I concur with you babe..i also follow him and I applaud his simplicity, humility and intellect. 3 Likes |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by kernel504(m): 6:24pm On Feb 12, 2018 |
desreek9: What if they are right? 4 Likes |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Nobody: 6:26pm On Feb 12, 2018 |
BIG TIME CLASHES.... |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by ObaKlaz: 6:29pm On Feb 12, 2018 |
kestolove95:...By you? 1 Like |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by benzion72(m): 6:29pm On Feb 12, 2018 |
desreek9: There fathers wealth, which wealth. How wealthy is his father who is a top nothcher in AMCOM debit profile. If anybody is owning AMCOM the person is owning me and you. Sis kindly weigh contributions before you take side 11 Likes |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Ekiseme(m): 6:30pm On Feb 12, 2018 |
Don't really care 1 Like |
Re: Paddy Adenuga And Feyi Fawehinmi Clash Over Chevron Netherlands Story by Nobody: 6:31pm On Feb 12, 2018 |
kernel504: Sir believe me when i tell u, from my point of view they r not right |
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