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Nairaland Forum / Nairaland / General / Business / Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos (59641 Views)
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Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by TheAlchemist: 5:58pm On May 10, 2019 |
Kudos on Dangote refinery, so no modular refineries would be completed before dangote refineries come on stream. I believe it is in the strategic interest of national security to have modular refineries in all the geo political zones of the country to complement Dangote"s effort.... we can not afford to put all our eggs in one basket |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by vaxx2: 5:59pm On May 10, 2019 |
BrainSanitizer:One idiot just say a state in the usa embarg on a project of 120 billion dollars. I wonder if they know what they are saying |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by FemiMaduka(m): 6:10pm On May 10, 2019 |
AutoReportNG: Baba there is no way the figure is $130bn! How much is Dangote worth? At his peak he was valued at $25bn. Even Nigeria cannot sink such in a single project; we simply don't have that kind of sum. Not long ago our annual national budget was in the range of $35bn. The 40,000MW Three Gorges Dam, one of the biggest projects ever undertaken, gulped about $23bn. Consequently, Dangote refinery, which is not even the biggest in the world - the Ajaokuta Steel complex is still way bigger, can not take such an amount. It is definitely an oversight. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by buharitill2023: 6:15pm On May 10, 2019 |
anambraamaka:run down by evil pdp |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Expensivemary: 6:21pm On May 10, 2019 |
dalaman: I wonder ooo. When his net worth is around 10.3billion USD. Na to dey compete with Bill Gates remain na. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by alezzy13: 6:22pm On May 10, 2019 |
FemiMaduka: I wonder o. And to think the capacity is just a measly 650,000bpd. Clearly something or someone is wrong here |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 6:25pm On May 10, 2019 |
grandstar: Multiply this several all over the country and you realise that millions of people make a living from imports as businessmen, employers and employees This is precisely why Nigeria is not like South Korea or Malaysia or Thailand etc. Theses are countries that were on the same level of development as Nigeria when Nigeria became independent in 1960. No country can survive on importing everything like we do. The effects are there for everyone to see with millions of people without jobs. The number of people currently employed in importation are just a tiny fraction of the population. Many more Nigerians could be employed if we produce most of the things we need for ourselves and for exports. This is the difference between the rich countries and the poor countries. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Nobody: 6:26pm On May 10, 2019 |
oyatz:i am tempted to say aswear. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Nobody: 6:26pm On May 10, 2019 |
Its 130 billion naira o. Not dollars. Stupid Bloggers |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by blowjohn(m): 6:27pm On May 10, 2019 |
AutoReportNG: Oga OP, do u know what 130 billion dollars is? Ur saying ur saying they used one third the GDP of Nigeria to build a refinery? Which banks raised such loan facilities? The total cost of that project is less than 20 billion dollars. Maybe u meant 130 billion naira or something |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by alezzy13: 6:27pm On May 10, 2019 |
Dangote in an interview with Reuters disclosed that the refinery, estimated to cost some $12 billion, would have the capacity of 650,000 barrels of oil per day https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.africanews.com/amp/2016/06/24/dangote-plans-12m-private-crude-oil-refinery-in-nigeria-by-2019/ |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by alezzy13: 6:30pm On May 10, 2019 |
soul95: Wetin be 130 billion naira? That peanut when it comes to building a refinery It's actually dollars but not up to 130b. Just about 12-13billion dollars |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by SocialJustice: 6:30pm On May 10, 2019 |
AutoReportNG:Guy correct yourself. Dangote has not spent anything near $130bn on that Refinery. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by emmanuel4758(m): 6:37pm On May 10, 2019 |
quincyshakur:upon fire is best my brother.. Pure gas is a waste of resources |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 6:41pm On May 10, 2019 |
SocialJustice: Between 12 and 13 billion dollars. That is what Dangote said. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Bluntemperor: 6:49pm On May 10, 2019 |
someone is already complaining Dagote has monopolized everything.Where were you when this man started to go and come in with his Cousin?. Where were you,your Senators,your Governors,and the whole Nigeria Govt.who saw a local content in what the man was doing.Wake up man,Dangote did not run out of Nigeria to develop other nations but indeed a Patriotic gem.proud to be like him. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Nobody: 6:52pm On May 10, 2019 |
alezzy13: Read well again and comprehend. I corrected the Post's quote that 130 billion (naira) has BEEN SPENT SO FAR,I never said the refinery costs 130 billion naira. I'm not uninformed to know that refineries costs multiple billion dollars |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by grandstar(m): 6:55pm On May 10, 2019 |
Guestlander: Malaysia which you mentioned has 0% import duty on most goods and yet their industries are flourishing Even Thailand does not have high import duties on goods All the above countries you mentioned industrialised through exportation. Only South Korea could be accused of being protectionist bit it too industrialised primarily through exportation. China with it's massive population industrialised through exportation. As least, you do see their products everywhere. You said that is the difference between rich and poor countries. That is not backed by facts. Where do you get such stats from? Completely flase 1 Like |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by seenter84: 6:55pm On May 10, 2019 |
dalaman: Bros I weak o. 130 billion dollars. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 7:07pm On May 10, 2019 |
grandstar: These countries industrialized through exportation but you think Nigeria should allow unbridled importation because it provides employment for some people? I don't think you know what you are talking about. Malaysia exports far more than they import, does that look like Nigeria? |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Pebcak: 7:21pm On May 10, 2019 |
This is what brings wealth to the nation, I wish we can get more infrastructure from private sector and even religious body because as it seems if we wait for the government "we go wait tire". Jokes aside nothing stop religious institution from building world class affordable hospitals. Catholic church, winners, redeem can pull that off or come together and start a world class hospital in the Southern part of Nigeria and hopefully the big islamic organization can follow Then country will develop, jobs will be created and wealth will start manifesting but if rely only on go to church on monday tuesday....monday then I knw God will tag us as not serious |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Adakintroy: 7:25pm On May 10, 2019 |
Fucking north is privatizing this country. When is money we will lost all objectivity.. This oil is from the south. But a northern man is taken the oil and building refinery elswhere. But if the white man choke a black man on the street. We protest. How is this different from choking the southern man on the strt? When Jonathan wanted to release a report about how oil blocks belong to the north. And subsequently failed to renew licence. He was forced out. Incompetence, clueless. Here we are. In a federal system a people from another state is controlling another state resource. This is happening after colonialism supposedly has ended. Well done! |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by gcof(m): 7:35pm On May 10, 2019 |
I am not a pessimist but the truth is that even with this project at 100% functioning, it will not change the current situation of petroleum products in Nigeria, both the price and availability of fuel. You know why, to an average black Man, any idea or invention is more of making profit than meeting people’s needs. Kudos to Dangote on his unrelenting effort to expand his empire. At least all the subsidies will now be channeled to one man DANGOTE and for the Nigerian citizens, nothing changes |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by xaggar(m): 7:40pm On May 10, 2019 |
What's the use? The world is drifting away from oil dependency! It's going clean energy & no longer fossil fuel. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by LaIabobo: 7:45pm On May 10, 2019 |
AutoReportNG: Watch 26:30, he clearly mentioned that the cost is $12b. Please always verify facts, especially numbers that you publish. Especially now that people see you as an industry name. Keep up the good job though. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by johnsonsegxy: 7:52pm On May 10, 2019 |
dharrey2012: You can fọ́ọ́l some people sometimes but u can't fọ̀ọ̀l everyone everytime... No be everybody wey dey Nairaland be fool... Now read bellow Newsom said the state will complete a 119-mile (191 km) high-speed rail link between Merced and Bakersfield in the state's Central Valley. In March 2018, the state forecast the costs had jumped by $13 billion to $77 billion and warned that the costs could be as much as $98.1 billion |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Tekkyboy(m): 8:05pm On May 10, 2019 |
oyatz: |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by JimohMomoh: 8:26pm On May 10, 2019 |
Who have noticed that since dangote cement dominated Nigeria market rate of building collapse increased |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Rossikk(m): 8:37pm On May 10, 2019 |
vaxx2: Probably less of a lie than editorial carelessness. |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by zoedew: 8:49pm On May 10, 2019 |
To the tweet of a Senator Ben Murray Bruce this is not it because electric cars are the in thing. I bet if Dangote had had the piece of mind and business friendly environment in the one street capital of Bayelsa State the refinery would have been sited in the State! |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by iragbmite: 9:03pm On May 10, 2019 |
Hausas fulani neo colonialism |
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by DBLISSDEE(m): 9:31pm On May 10, 2019 |
In a situation whereby a country can’t own a functioning refinery of thr own for more than 50yrs of existence , but here is an individual making this massive Project coming into a reality ... Kudos to Alhaji dangote .. |
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