favor914:
The one claiming it is a Yoruba that wrote the article, and The culprit that wrote the article, must everything have an ethnic undertone, now Dangote is a bad person, IBeto is a good businessman?

I just don't understand all this ethnic thrash.

favor914:
So you want CBN & NNPC to sell crude oil to Dangote in dollars?, do you buy petrol at the pump with dollars although the gasoline is imported? Hypocrisy will kill some people in Nigeria.

Is Nigeria selling crude oil in Naira or dollar Is the benchmark for crude oil in Naira or dollar
Nigeria foreign exchange comes from crude oil sales and 40-50% Nigeria total crude oil will be sold to Dangote in Naira

tutudesz:

They are can take such risk because of Government backing. Nobody make large investment with speaking with FG 1st and negotiating some benefit.

After high risk, if they make a loss you laugh & call them greedy, if the business is profitable you whine, & bite your teeth in anguish?

tutudesz:

Is Nigeria selling crude oil in Naira or dollar Is the benchmark for crude oil in Naira or dollar

Are you arguing with the people that made the law, & will execute it as they please, are you questioning Godwin Emefiele & the CBN for selling crude oil to Dangote in Naira? Maybe you want to go & report the FG to the IMF, or World Bank?

We are all shouting here, but the real stakeholders are having their bank accounts greased to push this policy if not already greased.

favor914:
Are you arguing with the people that made the law, & will execute it as they please, are you questioning Godwin Emefiele & the CBN?

am questioning their decision Were you aware that Dangote will be buying crude oil in Naira before yesterday Is this not the same Emefiele that was shouting Nigeria is facing dollar shortage, due to reduction in crude oil sales

tutudesz:

Is Nigeria selling crude oil in Naira or dollar Is the benchmark for crude oil in Naira or dollar
Nigeria foreign exchange comes from crude oil sales and 40-50% Nigeria total crude oil will be sold to Dangote in Naira

Lazy man the sooner you & your friends go & start your own small modular refinery the better, Dangote will only bring more foreign exchange to you & your country. 16 billion dollars investment is no joke, wasting time relating with poor minded people like you, is actually a waste of time.

favor914:
Lazy man the sooner you & your friends go & start your own small modular refinery the better, Dangote will only bring more foreign exchange to you & your country. 16 billion dollars investment is no joke, wasting time relating with poor minded people like you, is actually a waste of time.

Apt!

favor914:
Lazy man the sooner you & your friends go & start your own small modular refinery the better, Dangote will only bring more foreign exchange to you & your country. 16 billion dollars investment is no joke, wasting time relating with poor minded people like you, is actually a waste of time.

Poor minded tank God for Nairaland O! For making it's easy to relate with one another other let me carry my poor minded self to bed

tutudesz:

am questioning their decision Were you aware that Dangote will be buying crude oil in Naira before yesterday Is this not the same Emefiele that was shouting Nigeria is facing dollar shortage, due to reduction in crude oil sales

Hate Bring Them Down Syndrome is what will destroy people like you, whether Dangote buys crude in yuan or Naira, how does it effect you? Mumu you may not know, natural crude oil is not Nigeria’s problem, we have that in abundance, refining the natural crude is the problem, you pay dollars when commodities are exported, can crude oil sold to Dangote in Nigeria be classified as export? Dangote’s refinery will add another 660,000 barrels a day to Nigeria’s export.

tutudesz:

Poor minded tank God for Nairaland O! For making it's easy to relate with one another other let me carry my poor minded self to bed

Good Night, good riddance to bad rubbish, sleep well.

favor914:
Hate Bring Them Down Syndromes is what will destroy people like you, whether Dangote buys crude in yuan or Naira, how does it effect you? Mumu you may not know, natural crude oil is not Nigeria’s problem, we have that in abundance, refining the natural crude is the problem, you pay dollars when commodities are exported, can crude oil sold to Dangote in Nigeria be classified as export?

Bring down syndrome

tutudesz:

Bring down syndrome

Yours is an accumulation of hate, probably from an early childhood?, penury is not a good thing, if only you could get just 1 Dangote cement truck your life will be changed forever, stop hating, Ordinary refinery you & your people can’t fix, Useless Hypocrite a beggar has no choice, NNPC is your only other option.

MansoryMX:
Only a matured mind will take his/her time to read up this beautiful article and see the danger that lies ahead for Nigerians. I drove down to a nearby refilling station to buy petrol this evening and i was shocked it’s now sold for 175-190/liter (excluding the already tampered fuel pump). It shall never be well with Buhari, his thieves and all those who voted this evil government in power. As for those of you still supporting this government because of stipends y’all benefits from them, Doomsday will visit you all!

I am certain that those who voted for Buhari, did not do so or expect he will become this Evil, so why do you guys keep cursing them?
If it is just because of "Jonathan", then you are wasting your curses because even Jonathan has joined Buhari, for his own personal, financial benefit, having turned himself to an errand-boy of Buhari.

I agree that Buhari portends great danger to the corportate existence of Nigeria, in fact, l liken him to an "enemy-ruler" of a conquered, hated territory who is bent on doing the worst damage to that territory, before he leave in 2023!

The Oligarchs and the head of this current Government are one and the same, working for the same purpose of total domination of other Regions of Nigeria, working to be in a position to "squeeze the life" of of them, at anytime and day they chose.
I wonder how this space called Nigeria would looklike, say in 2035 or if it will still be in existence? I just wonder at times.
Danger lied ahead

favor914:
Yours is an accumulation of hate, probably from an early childhood?, penury is not a good thing, if only you could get just 1 Dangote cement truck your life will be changed forever, stop hating, Ordinary refinery you & your people can’t fix, Useless hypocrite.

Can't you make a single comment without insulting Serioiously because we are in a faceless forum, doesn't mean we can respect ourselves

smallsmall:


I am certain that those who voted for Buhari, did not do so or expect he will become this Evil, so why do you guys keep cursing them?
If it is just because of "Jonathan", then you are wasting your curses because even Jonathan has joined Buhari, for his own personal, financial benefit, having turned himself to an errand-boy of Buhari.

I agree that Buhari portends great danger to the corportate existence of Nigeria, in fact, l liken him to an "enemy-ruler" of a conquered, hated territory who is bent on doing the worst damage to that territory, before he leave in 2023!

The Oligarchs and the head of this current Government are one and the same, working for the same purpose of total domination of other Regions of Nigeria, working to be in a position to "squeeze the life" of of them, at anytime and day they chose.
I wonder how this space called Nigeria would looklike, say in 2035 or if it will still be in existence? I just wonder at times.
Danger lied ahead

You people in the south claim to be knowledgeable but actually know nothing, so it is President Buhari from Katsina State that wrecked Nigeria, I believe Godwin Emiefele & The People that control the CBN Governor Jim Ovia. Atedo Petersaide, Segun Agbaje, Wigwe & co his banker friends that control banking in Nigeria are Northerners? Keep living in the dark.

tutudesz:

Can't you make a single comment without insulting Serioiously because we are in a faceless forum, doesn't mean we can respect ourselves

Stop spreading & prompting soft hate just because you feel you have an opinion. Hypocrites everywhere that mean no good.

favor914:
Stop spreading & prompting soft hate just because you feel you have an opinion.

So asking questions translate to hate Madam I don hear You

tutudesz:

So asking questions translate to hate Madam I don hear You

Stop trying to play smart, & not been clever Mr Man.

tutudesz:

am questioning their decision Were you aware that Dangote will be buying crude oil in Naira before yesterday Is this not the same Emefiele that was shouting Nigeria is facing dollar shortage, due to reduction in crude oil sales

Just allow that poster to wallow in his/her mental paucity.
Most people cant reason beyond "money", once they hear of a large sum of Money, they go bunkers and their brain becomes numb.
If he cant see the danger posed by Monopoly in an unregulated economy where Regulations for price Fixing are non-existent, then you have no business even responding to him.
And he probably does not even know that this Crude oil accounts for majority of our Dollar reserves and Dangotte paying for it in Naira, further reduces our receipts of such forex and him selling the refined product (I hear he will be exporting most of it) outside Nigeria and collecting forex, enriches him at the expense of 200M Nigerians.

Once you engage people like him who cant see the big picture and analyse issues beyond their Pedestrian reasoning, they will find a "label" for you...like "Poor Mentality", even when they dont know your financial position or do they expect every Nigerian to have the same bank balance as Dangotte, ............. when we all dont all enjoy the same "tribal cronyism" and preferential treatment he has been enjoying since the days of successive, Northern military junta's fiat.

Issues like this are Multi-faceted and only those who can see, understand and cover all the angles, should dabble into discussing it.
All these runt shouting "hate" up-and-down are only looking at it from one side: The man is Rich and you hate him for that!
How puerile and simplistic can such naive conclusion be?

kirajustice:
TAYO IRANTIOLA, Lagos


https://politicsnigeria.com/backward-integration-in-sugar-cement-and-now-petroleum-who-are-the-real-beneficiaries/

Tayo Irantiola writes from Lagos Nigeria...

Children of hates. You celebrate your criminal rich and hate those into legitimate business. Your ppl sell drugs, traffic people for slavery, and were on several occasions given many licence and billions of naira CBN loan to build modular refineries but ended up siphoning the money and diverting it for personal gratification but all these isn't enough. Out of less than 300 people Nigeria owe more than N3trillions are southerners, they failed to do anything with the what they collected.
If not because of Dangote we would be buying cement at more than 30k/bag.
About the issue of selling and buying of crude oil in naira, u need to understand the concept and economic benefits of it not just come here and advertise ur ignorance. Your people are only investing in building churches and media propaganda while others are building Nigeria's economy but u're are still not happy with it; u only want to see whites people controlling our economy not our fellow citizens. What have u said abt Shell and other IOCs operating in Nigeria, looting and corrupting the sector? Nobody knows the exact crude oil Nigeria produces everyday excerpt them and u kept mute as if u're gag.
Family of Dangote and BUA were extremely rich before Nigeria was amalgamated, u need to learn history.
If not because of u're educationally illiterate, how can govt buy Dangote petrol, govt will only be a guide in making laws on how the business should be conducted because this the first time we've such a big private refinery & he want to forestall the potential conflict in the market.
Idiot ppl, children of hates; this attitude can't even be seen in animals kingdom.

smallsmall:


Just allow that woman to wallow in his mental paucity.
Most people cant reason beyond "money", once they hear of a large sum of Money, they go bunkers and their brain becomes numb.
If he cant see the danger posed by Monopoly in an unregulated economy where Regulations for price Fixing are non-existent, then you have no business even responding to him.
And he probably does not even know that this Crude oil accounts for majority of our Dollar reserves and Dangotte paying for it in Naira, further reduces our receipts of such forex and him selling the refined product (I hear he will be exporting most of it) outside Nigeria and collecting forex, enriches him at the expense of 200M Nigerians.

Once you engage people like him who cant see the big picture and analyse issues beyond their Pedestrian reasoning, they will find a "label" for you...like "Poor Mentality", even when they dont know your financial position or do they expect every Nigerian to have the same bank balance as Dangotte, ............. when we all dont all enjoy the same "tribal cronyism" and preferential treatment he has been enjoying since the days of successive, Northern military junta's fiat.

Damned if you do, damned if you don’t, go and fix the refineries in your country & stop waiting for cheap gasoline, you can’t because your country doesn’t have the money, & can’t run an ordinary refinery, whose fault is it? Was it Aliko Dangote that made the refineries comatose? Why are you wailing? Let NNPC give you & your 200 million People gasoline, did anyone tell you that you must buy from Dangote?

smallsmall:


Just allow that poster to wallow in his/her mental paucity.
Most people cant reason beyond "money", once they hear of a large sum of Money, they go bunkers and their brain becomes numb.
If he cant see the danger posed by Monopoly in an unregulated economy where Regulations for price Fixing are non-existent, then you have no business even responding to him.
And he probably does not even know that this Crude oil accounts for majority of our Dollar reserves and Dangotte paying for it in Naira, further reduces our receipts of such forex and him selling the refined product (I hear he will be exporting most of it) outside Nigeria and collecting forex, enriches him at the expense of 200M Nigerians.

Once you engage people like him who cant see the big picture and analyse issues beyond their Pedestrian reasoning, they will find a "label" for you...like "Poor Mentality", even when they dont know your financial position or do they expect every Nigerian to have the same bank balance as Dangotte, ............. when we all dont all enjoy the same "tribal cronyism" and preferential treatment he has been enjoying since the days of successive, Northern military junta's fiat.

Nigeria is this bad because we refuse to question certain decision of Government and when we do, they label us has hater's, poor, bring them down syndrome
I guess she is very rich

Kubernetes:
Its take courage and determination to risk your funds in business

And so in return you must strangle and starve the same people you're supposed to bring solution to their needs?

Asswipemod:


And so in return you must strangle and starve the same people you're supposed to bring solution to their needs?

Business is for profit, not for social benefit. You can go to North Korea if it is socialism you desire. Maybe you think Dangote borrowed 16 billion dollars to come & make life pleasant for ungrateful peeps like you?

Asswipemod:


And so in return you must strangle and starve the same people you're supposed to bring solution to their needs?

No one forced you to buy refined crude from Dangote Oil, you can still purchase from NNPC if you so choose, now we have an option the choice is yours.

tutudesz:

Nigeria is this bad because we refuse to question certain decision of Government and when we do, they label us has hater's, poor, bring them down syndrome
I guess she is very rich

Question what?, a blind man that can’t see says he wants to count the birds as they fly by? Are you kidding me, what do you know about finance? Aliko Dangote is adding an extra 660,000 barrels of crude everyday to our stock, yet some people are complaining?

favor914:
Business is for profit, not for social benefit. You can go to North Korea if it is socialism you desire.

And does that mean making profit should be without a human face?

North Korean visa is hard to come by. I would have taken your sister along with me.

favor914:
Damned if you do, damned if you don’t, go and fix the refineries in your country & stop waiting for cheap gasoline, you can’t because your country doesn’t have the money, & can’t run an ordinary refinery, whose fault is it? Was it Aliko Dangote that made the refineries comatose?

Even the questions you ask shows how pedestrian your thinking is so, it will be a waste of time and a futile dissipationof energy, if l start by drawing a parallel between how those who enjoy undue Monopolistic Control, occasioned by unfair practices of tribal cronyism. as practiced in Nigeria, contribute to the comatose state of our Refinery.
I should not even direct you to take a look at the Staff list of NNPC (or any of its subsidiaries like the DPR), so you know how Dangotte relates to the same people who churn out and implement POLICIES that got our Refineries to where they are today, despite all the Billions of naira in Turn-Around Maintenance they have handled on our behalf, over the years.

Our Refineries not working (and still gulping an "Annual Running Cost" in the range of #10B every year) is not a function of lack of Knowledge or ability to fix it, it is borne out of CORRUPTION, the same Corruption that underlines Monopoly and Price Fixing/Gauging that Dangotte (and his likes) uses to enrich himself.

But hey, since you write in the "third-person" tense of speech, l guess you are not a Nigerian and thus just want o vent your anger, that is your right, whether you are being honest to yourself or not.
Keep Venting, Louder please.

favor914:
Question what?, a blind man that can’t see says he wants to count the birds as they fly by? Are you kidding me, what do you know about finance?

Insults upon insults Serioiously

favor914:
No one forced you to buy refined crude from Dangote Oil, you can still purchase from NNPC if you so choose, now we have an option the choice is yours.

Were will NNPC be getting their refined product from

Asswipemod:


And does that mean making profit should be without a human face?

North Korean visa is hard to come by. I would have taken your sister along with me.

I see why you are there at the bottom pit, you have a very poor mentality, be waiting for cheap crude from Dangote, just the same way you are waiting for free data from Airtel, or is it MTN?