The government and people of Ghana are freaking out over the gigantic, world-class, game-changing Dangote Refinery roaring into life this year, and set to position Nigeria as the Number 1 industrial powerhouse of West Africa, and the foremost producer and exporter of refined crude oil, and the Number 1 manufacturer of petroleum products in Africa, set to supply the entire continent and beyond.

The Ghanaian minister from that country's Petroleum Commission, says his country is very jittery about how Nigeria will halt the growth of the fledgling Ghana oil industry, monopolising the entire African market, with the gigantic 15 billion dollar facility - the largest single train oil refinery in the world.

He called for special arrangements to be made to prevent the crowding out of smaller oil industries across the West African sub-region, to maintain regional competitiveness in industrial development.

The Dangote complex in Lagos also includes the largest fertilizer plant in Africa, as well as the largest urea manufacturing facility on Earth, further compounding the Ghanaian minister's problems.

See video for full interview.


https://www.youtube.com/watch?v=GnQv2d_iuGc&ab_channel=AriseNews

Ever since Ghana detected the oil discovery in their country, their electricity has not been stable again

The Ghanaian Petroleum Minister's concerns are valid I guess but it is what it is.

How e take concern us biko

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Shatter Wale will soon react too.

When will Ghana and it’s offsprings stop being a “crybaby”?

So Nigerians should suffer because it will affect you guys.

Its now you all know we are big brothers and you want us to compete favourably with you guys while we Nigerian continue to suffer.

Una better get used to it cos good life is not to be monopolized.

Chai... Not another Jollof rice competition!

Meanwhile, don't forget to visit www.uptownerd.com , the number one independent Nigerian blog for more interesting reads.

That is business for you sir

Bigger fish eats smaller fish

When Nigeria grows, Ghana grows, when Nigeria sneezes, Ghana shakes. Nigeria is really the leader

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Something in me always pray for Dangote to have a longer life and see so many things done to put Nigeria on the map.

Now, our Ghanaians brathez and sistez are crying already. This giant will wake up someday.

Shatter bundle and shatter wale

These Gayna people

If not bad leadership, Ghana cannot be contesting with Nigeria,in terms of everything God bless Nigeria

God bless Dangote

Whites have been doing it all these while una no complain fellow black and African decides to do it then it becomes a threat. These people self

dasparrow:
The Ghanaian Petroleum Minister's concerns are valid I guess but it is what it is.

lol

Coldie:
Whites have been doing it all these while una no complain fellow black and African decides to do it then it becomes a threat. These people self

Don't mind them.

Leave nepotism and corruption out now...

The whole world knows Nigeria is the giant of Africa...Our growth reflects the growth of the African Continent.
They view us as a threat that's why we became riddled with myriads of problems to stall our growth...

The youth who should be the leaders of tommorrow have been tucked into a life of unproductivity...

To the remaining sensible ones reading this, make sure your everyday steps contributes to the development of humanity.
It doesn't matter if the absolute majority are doing it wrong and getting away with it, take your steps to make a positive difference to your environment -immediate or general.

My2kobos

How come no one is talking (as usual) about how Dangote is about to "monopolize" the oil sector in Ghana or Africa?

You never che chun yum

Una dey complain on top wetin dey happen for Naija again, enemies of progress everywhere.

Biggcake:
Shatter Wale will soon react too.

Dangote refinery is not coming to make petrol sell for less than N165 .
His cement in Nigeria is the most expensive in Africa.
Nothing to be excited about for Nigerians. Ghana is just fearful over nothing

Caseless:
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Something in me always pray for Dangote to have a longer life and see so many things done to put Nigeria on the map.

Same here but do we actually deserve that man, given the level of criticism and insults he gets daily for investing his money in Africa rather than buying up estates in Dubai and the U.S. like his mates do?

Dangote is certainly one of the world's biggest industrialists. I would even love to see him launch a University of industrial education. In the age where everyone believes that money cannot be made outside of Tech, his consistency year after year has validated the need for more of his kind.

People like Dangote understood the fact that we can't match global forces when it comes to, for example, space exploration and high-tech. Why run to space to compete with people who have been there for decades when we can simply leverage our resources (oil, limestone, agriculture) and achieve a good comparative advantage? That's the Dangote mindset and I wish he would explore other abandoned sectors like steel

Caseless:
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Something in me always pray for Dangote to have a longer life and see so many things done to put Nigeria on the map.

Now, our Ghanaians brathez and sistez are crying already. This giant will wake up someday.

Dangote is a force for good overall. I like how he has stayed away from involvement in partisan politics for decades and from one government to another.

Ghana has to be innovative and creative to retain/protect their share of the market. The issues raised is not the concern of Nigeria at all.

Dangote is a man out of millions, his strong heart to go for the risky business is awesome, where whites jittery with all their resources and knowledge is where Dangote is delving into. May God continue to bless you. If only God can give any of Nigeria president one quarter of Dangote's brain, we would be soaring like eagles.

What Nigeria government cannot do in 60year is what Dangote has done in 10years. Our politicians should be ashamed of themselves

femicyrus:
Dangote refinery is not coming to make petrol sell for less than N165 .
His cement in Nigeria is the most expensive in Africa.
Nothing to be excited about for Nigerians. Ghana is just fearful over nothing

What a load of rubbish. You have no idea what's going in that place. You have no idea what the price of fuel will be. And this is about more than the price of fuel.

Are you even aware there's a 2.5 billion dollar fertilizer plant there?

Do you know what it means for Nigeria in terms of savings, to stop importing refined petrol, become self-sufficient in petroleum products, and to turn net exporter of same?

Do you know the impact of that on ancillary local businesses and industries here?

Do you know the Dangote plant employs 40,000 Nigerians, from engineers to IT and security staff?

I just don't know how some of you guys reason.

Starlight252:
Leave nepotism and corruption out now...

The whole world knows Nigeria is the giant of Africa...Our growth reflects the growth of the African Continent.
They view us as a threat that's why we became riddled with myriads of problems to stall our growth...

The youth who should be the leaders of tommorrow have been tucked into a life of unproductivity...

To the remaining sensible ones reading this, make sure your everyday steps contributes to the development of humanity.
It doesn't matter if the absolute majority are doing it wrong and getting away with it, take your steps to make a positive difference to your environment -immediate or general.

My2kobos

GOLDEN!

Ttalk:
Dangote is a man out of millions, his strong heart to go for the risky business is awesome, where whites jittery with all their resources and knowledge is where Dangote is delving into. May God continue to bless you. If only God can give any of Nigeria president one quarter of Dangote's brain, we would be soaring like eagles.

What Nigeria government cannot do in 60year is what Dangote has done in 10years. Our politicians should be ashamed of themselves

Dude, it is not only in Nigeria that government projects are known to be inefficient. Even in Europe they had the same problems, leading to mass privatisation of industries from the 1970s till date.

The US has ALWAYS done it the private way. It is simple human nature that when you invest your private money into a business, with a profit motive, you will run it far more efficiently than a government enterprise, which tends to belong to ''everyone and no one'', so to speak.