iammo:




Dangote built his refinery to function without Niger Delta oil, he intentionally went far off Niger delta because of silly talks like this.. he co sponsored Lagos to build a jetty/port at ibeju lekki free trade zone to cut Nigerian off his business, he intends to buy and ship crude from who ever is selling that's why he never bothered to run cheaper pipe to Niger Delta but built a port .. Dangote is a third generation billionaire, his fourth ancestors tilled the land for groundnut, calling a 4th generation rich man dependant on government is shameful


Innosun is a greedy fool(unlike Allen Onyeama of airpeace) , and he has being that way since.. if he wants to produce let him produce, ibo land has only 4 ventilators all thanks to Dave Umahi (God bless him), no manufacturer ask for permission to produce except his business model revolves around milking governments, its a great shame seeing how Ibo so called Audio billionaire see this pandemic, from people like author eze keeping shut during donation yet donated 1 billion to buhari re-election campaign, to Peter Obi gallantly debunking news of his donation, yet refused to donate, same guy that invested 75 billion of Anambra's fund in a private business linked to his family, paid 250million to get VP slot and leaves in ikoyi towers

Second recorded death is an Ibo man, a billionaire returning from Europe, he is from Imo state and nobody is resistant to this virus

.

Oil deals doesn't work like this. And Nigeria doesn't operate on a blue sky background.

No business man will produce what no one will buy or intend to produce what will have a low patronage. After Corona is gone, we know Ng, no hospitals will buy ventilators again. Even at the height of it, they would find a means why they won't buy. Days ago, one of them said they won't need ventilators to treat patients(not verbatim)

And to Dangote fourth generation billionaire, Edsion said, " our greatness today is because we build on the shoulders of others"

Dangote on leverage on what the Govt can't do in terms of having a effective refineries. And we all know that, same people use him to front on this deal so they can hijack the deals from the Govt later. Watch as they privatise the sector soon.

Many people don't understand how Oil refineries work.

# The oldest functional refinery in the World is in India which does NOT produce crude oil.

#There are many Countries (e.g Switzerland) that don't have crude oil but have oil refineries.

In reality, these refineries can be compared to Mills where different farmers/traders take their grains to for the grains (e.g wheat, rice, maize) to be granded into fine flours while they pay the owners of the Mills.


The Port Harcourt Refinery which was built by Shell in 1965 operated on this model before the FG completely took over the refinery.

When the Port Harcourt Refinery was been managed by Shell, they concentrated their energy, resources and time on the refinery operations.

Different oil companies (e.g British Petroleum now known as ConOil) bought crude oil in varying qualities which were then pumped to the refinery to refine into Petrol, Kerosene, Diesel oil, Engine oil, Aviation fuel and a host of other products.

These down stream petroleum companies through a network of depots and dealers distributed the refined products throughout Nigeria.
There was nothing like fuel scarcity or centralized trade unions like NUPENG during this period.

These oil companies could share the profits from the sales of the products with the Refinery or they could pay upfront if they had enough money.


The Federal Military Government took over the Refinery and lumped several sectors of the oil Business under one centralized Company called NNPC which was managed as a Government Monopoly.

This is the genesis of the problems in the Nigerian Oil industry.

tiredoflife:


He built his refinery away from niger delta oil
U really typed this or u were having a mental crisis
So if the oil is from niger delta
U have a tool to test it to know
I pity the fufu u call a brain

iammo:




Dangote built his refinery to function without Niger Delta oil, he intentionally went far off Niger delta because of silly talks like this.. he co sponsored Lagos to build a jetty/port at ibeju lekki free trade zone to cut Nigerian off his business, he intends to buy and ship crude from who ever is selling that's why he never bothered to run cheaper pipe to Niger Delta but built a port .. Dangote is a third generation billionaire, his fourth ancestors tilled the land for groundnut, calling a 4th generation rich man dependant on government is shameful


Innosun is a greedy fool(unlike Allen Onyeama of airpeace) , and he has being that way since.. if he wants to produce let him produce, ibo land has only 4 ventilators all thanks to Dave Umahi (God bless him), no manufacturer ask for permission to produce except his business model revolves around milking governments, its a great shame seeing how Ibo so called Audio billionaire see this pandemic, from people like author eze keeping shut during donation yet donated 1 billion to buhari re-election campaign, to Peter Obi gallantly debunking news of his donation, yet refused to donate, same guy that invested 75 billion of Anambra's fund in a private business linked to his family, paid 250million to get VP slot and leaves in ikoyi towers

Second recorded death is an Ibo man, a billionaire returning from Europe, he is from Imo state and nobody is resistant to this virus

.

your write-up is filled with shit. It has been adressed by the other guy but I want to tell U that dangote grew through patronage, help and waivers from succsesive nigeria govts. A lot of monopolies he enjoyed especially during Obasanjo regime. Other cement manufacturers were suffocated to make way for him. Obasanjo closed Ibeto cement, minaj etc to make way for him. If not for Yaradua that came n lifted de ban Ibeto cement would have died in de wake of de onslaught. He enjoyed franchise on importation of cement, rice, sugar etc. Inshort I wont continue. I see U were writing from a tribal hatred perspective. U just wanted to deride the Igbos.

LibertyRep:
Does the government need ventilators at this moment? Yes

Can Innoson produce the ventilators? Maybe Yes

Are the ventilators readily available in the market? Obviously No

Does the government have the money Innoson is requesting for? Absolutely Yes!

My Advice
If Innoson is sure he can produce the ventilators within the stipulated time, the government should try him with half of what he demands (#2b). If he's able to deliver, pay him to produce more. Not just for Nigeria, maybe for Africa. it's win-win for both parties.

There's absolutely no need for this back and forth bickering between the parties.

What is good for an 'Aboki' should also be good for an 'Nwafor'. I am sure Innoson Group would have been granted a credit line, by the CBN, to produce the needed ventilators were it to be that the owner is an Hausa-Fulani or probably, a Yoruba entrepreneur. The discrimination is prevalent everywhere in our National life starting with the evil called 'Quota system', where a Nigeria child, from certain parts of the country, suffers discrimination all his life because of the state or region is parents hailed from.
Quota system has been used to kill the dreams and aspirations of most Nigerians from the Southern parts of the country and has been used to 'promote' mediocres or below average government officials to position of greatness and authority like Military Generals, Police top brass, Head of government parastatals etc.
Some of these misfits later ended up presiding over our destinies as Military Heads of state, Military Governors, Federal and State Commissioners under successive military and civilian governments. The system has been in existence since independence to accelerate growth and development in Northern part of the country and 60 years after its enactment, Northern Nigeria is ahead of most Nations with the highest negative indices in the world.

You just have to dialog with government not that you'll be using social media stunt.....

If Dangote Is doing this way, he won't have been where he was now.

Igbo people needs to know politics

sammyj:
I don't like capitalism that much but I believe Dangote started the refinery with secured loans from the banks before the buy in of the government. Why this cry baby on about this Innossin motors grant from the government. Let him secure a loan if he is a good creditor, start the business and get the government buy in if he so believe in his business plan.

Innoson needs to be friend of the government...

iammo:




Dangote built his refinery to function without Niger Delta oil, he intentionally went far off Niger delta because of silly talks like this[color=#000099][/color].. he co sponsored Lagos to build a jetty/port at ibeju lekki free trade zone to cut Nigerian off his business, he intends to buy and ship crude from who ever is selling that's why he never bothered to run cheaper pipe to Niger Delta but built a port .. Dangote is a third generation billionaire, his fourth ancestors tilled the land for groundnut, calling a 4th generation rich man dependant on government is shameful


Innosun is a greedy fool(unlike Allen Onyeama of airpeace) , and he has being that way since.. if he wants to produce let him produce, ibo land has only 4 ventilators all thanks to Dave Umahi (God bless him), no manufacturer ask for permission to produce except his business model revolves around milking governments, its a great shame seeing how Ibo so called Audio billionaire see this pandemic, from people like author eze keeping shut during donation yet donated 1 billion to buhari re-election campaign, to Peter Obi gallantly debunking news of his donation, yet refused to donate, same guy that invested 75 billion of Anambra's fund in a private business linked to his family, paid 250million to get VP slot and leaves in ikoyi towers

Second recorded death is an Ibo man, a billionaire returning from Europe, he is from Imo state and nobody is resistant to this virus

.

Don't come on the internet and talk rubbish if you don't know anything. Wait until the refinery starts operating and you will see where supply to the refinery is coming from. Do u know how many gas wells that are going to be channeled from bayelsa alone??

seunmsg:


I’m no longer against you guys argument. However, instead of waiting for the FG to provide N4b to Innoson for the ventilators, we can as well encourage the five south east governors to contribute N800m each for the production. Once Innoson delivers on the ventilators, they will be used in hospitals all over the south east. Pessimistic minds like us will be charged through our noses if we ever need to use them in your region. That’s a better proposition, don’t you think?

Produce ventilators in mass without a ready market when even the USA before the pandemic never had more than 5,000 ventilators while Nigeria had less than 100 for decades.. that is the kind of business you tell someone to venture in mass produce without supply assurance?..

Point of correction, a refinery doesn't need to be tied to or own an oil well. Refineries buy crude oil and bring them in in tankers (ships) for refining.

Innoson doesn't need to collect money from Government or get an order before he decides to dabble into ventilators. There is a strong demand for ventilators at the moment due to COVID 19 and he can be sure of selling them weather in Nigeria or elsewhere.

Esseite:


Produce ventilators in mass without a ready market when even the USA before the pandemic never had more than 5,000 ventilators while Nigeria had less than 100 for decades.. that is the kind of business you tell someone to venture in mass produce without supply assurance?..

We have five states in the south east, they can buy up whatever Innoson produces and use them to equip their hospitals.

The entire south east is bigger than some countries in terms of landmass and population. They can place the order without the help of FG. At least, if Biafra is already a reality, they won’t be begging FG of Nigeria to come place orders before Innoson can produce.

Esseite:


You just might lack knowledge on how to run and manage a business.

Ventilator is not an essential commodity like crude oil used to power your cars every single day..

Ventilator surge now is artificial, if this pandemic never happened, has Nigeria not coped for years with its limited quantity..

Didn't Nigeria pay the US $1bn for fighter jets to be delivered in 2021 because of the type of commodity?

If innoson makes it in large quantity, how many finished manufactured mechanical products are exported from Africa, talk more of a rarely used ventilator which can be improvised.. can Nigeria buy crude oil from Angola?

Of what point is making ventilators in large quantity without order when your hospitals are below par and are barely standing, and china being a stone throw away for single import.

Do you think mass production is done by hand? Automated Machines do these things and they dont come cheap..

: - On your tribal slurs on SE politicians not donating


- They are politicians aswell, they know how corrupt the leaders are.. they steal everything down to even pen and paper..

- They have donated in their private capacity aswell as their charities which they can control and manage properly..

- Moreover Peter Obi never makes his donations known, even mbaka tried forcing him, he still never did..

You can take your hate and insults to your family..

All your logic here is plain Okoro-logic.

Once he makes his ventilators he can always sell it anywhere in the world. If we want to talk about corporate entities capable of making ventilators in Africa or Nigeria, innoson won't even be heard of.

seunmsg:


We have five states in the south east, they can buy up whatever Innoson produces and use them to equip their hospitals.

The entire south east is bigger than some countries in terms of landmass and population. They can place the order without the help of FG. At least, if Biafra is already a reality, they won’t be begging FG of Nigeria to come place orders before Innoson can produce.

You could have just said you have something against the SE rather than discussing business strategies and manufacturing.

CodeTemplar:
All your logic here is plain Okoro-logic.

Once he makes his ventilators he can always sell it anywhere in the world. If we want to talk about corporate entities capable of making ventilators in Africa or Nigeria, innoson won't even be heard of.

You can help with mentioning one corporate entity making ventilators in Africa and Nigeria.. let's start from that..

The US with over 300m population and in existence for hundreds of centuries had less than 5,000 ventilators, while Nigeria had less than 100.. is that the product you claim Africa makes..

From your comment.. it only shows you are just bias Innoson was first to make such request fro. The FG and nothing more..

I guess if it was china that made such request, wont you applaud it while writing a cheque?..

Esseite:


You can help with mentioning one corporate entity making ventilators in Africa and Nigeria.. let's start from that..

The US with over 300m population and in existence for hundreds of centuries had less than 5,000 ventilators, while Nigeria had less than 100.. is that the product you claim Africa makes..

From your comment.. it only shows you are just bias Innoson was first to make such request fro. The FG and nothing more..

I guess if it was china that made such request, wont you applaud it while writing a cheque?..

Corporate entities capable of making ventilators. Stop sampling irrelevant facts while replying to your own imagination.

Esseite:


You could have just said you have something against the SE rather than discussing business strategies and manufacturing.

You could have just said you want Innoson to eat FG’s N4b knowing fully well he cannot produce any ventilator in the next 6 months.

seunmsg:


You could have just said you want Innoson to eat FG’s N4b knowing fully well he cannot produce any ventilator in the next 6 months.

Innoson never requested for N4bn instant, innoson was only seeking an MOU with monopoly, moreover contracts can always be amended to suite both parties and payment segmented.. or even the FG can request for ventilator manufacturing bid from all parties to get the best.

Rather than see the bigger picture of employment, manufacturing growth etc... you would rather see it from your perspective..

CodeTemplar:
Corporate entities capable of making ventilators. Stop sampling irrelevant facts while replying to your own imagination.

You claimed African companies make ventilators, and I ask you mention just one, yet you are still rambling..

Mention just one.. you can google to make it easier..

Esseite:


Innoson never requested for N4bn instant, innoson was only seeking an MOU with monopoly, moreover contracts can always be amended to suite both parties and payment segmented.. or even the FG can request for ventilator manufacturing bid from all parties to get the best.

Rather than see the bigger picture of employment, manufacturing growth etc... you would rather see it from your perspective..

I agree that FG and myopic bigots like myself have refused to see the bigger picture. What about the five south east governors? Can’t they see the bigger picture? Why can’t they partner with Innoson?

when you hear the word dangote, you think they're talking about one man. the word dangote simply means "the Nigeria government".

ODB2:


Dantata was nicknamed that name over his closeness to a slave who nursed him (Tata).

Dantata was heavily involved in agriculture farming. He made his money from produce from his many slave plantations and from other plantations in the feudal north.

He was the largest depositor of First Bank when it opened in Nigeria. He made a deposit of 30 camel loads of silver. How you think he got so rich.

He is descended from a lineage of Fulani jihadist and slavers.

Slavery only got abolished in the north as late as 1938. Google it.

oga don't twist history on it'd head Dantata is hausa not fulani, he himself was captured as a slave at a point.

Esseite:


You claimed African companies make ventilators, and I ask you mention just one, yet you are still rambling..

Mention just one.. you can google to make it easier..

Why not just sample where I made the claim instead of spamming the thread senselessly?
Either you refused to re-read my comment to ascertain what I wrote or you too embarrassed to admit your error or you just being plain arrogant and mischievous, you are not worth all this.