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Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation (7974 Views)

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Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by ufotunang: 11:56am On Jun 16, 2022
quentin06:


Someone raised this issue, but some idiot on this forum said it was not sustainable, imagine!, for a raw material that is your backyard.
The only reason why does refineries can never work is because some crooks somewhere up north will lose money.
...yes those politicians and government officials that are benefiting from the fuel subsidy and importation of fuel, disel will not allow it to work
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by anonimi: 2:03pm On Jun 16, 2022
quentin06:
At the end of the day, their ultimate goal is to reduce all of us to beggars.

What should be our own ultimate goal? Work hard to ensure their own ultimate goal is not attained

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Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by anonimi: 2:05pm On Jun 16, 2022
quentin06:
Someone raised this issue, but some idiot on this forum said it was not sustainable, imagine!, for a raw material that is your backyard.
The only reason why does refineries can never work is because some crooks somewhere up north will lose money.

Even though Bubu of integrity has been petroleum minister since 2015 when we got rid of Diezani shocked

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Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Yankee101: 4:03pm On Jun 16, 2022
I doubt this
Seems inflated for tax purposes
The more your expenses the less your profit, the less the tax and dividends you have to pay
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Cromagnon: 4:28pm On Jun 16, 2022
chatinent:
The major area that needs attention is the government. It needs to change and stop enriching Dangote deliberately at the cost of its citizens.
how does govt enrich dangote? Don't blame your laziness on another man o
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Wwwq: 4:50pm On Jun 16, 2022
Elshaddai
Re: Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation by Uchek(m): 8:52pm On Jun 16, 2022
Restructuring is what will save Nigeria.

EdoBoy90:
Four key areas need urgent attention and I think that the next President of Federal Republic of Nigeria should focus on;

>Security
>Electricity
>Agriculture
>Education & Health

Security: No where is safe anymore; church, mosque, farm, schools and gatherings. Therefore, this should be a top priority for any presidential candidate. Tell Nigerians the security mechanism you would like to put in place that would be better than what we have currently. What should be done differently.

With our current population of more than 200 million people and a projection of 400m people by 2050, no presidential candidate should have nothing less than 80,000MW of electricity Generation as a target with a subsequent increment plan. Nigeria has 209.5 trillion cubic feet of proven natural gas reserves as reported, hydro and sunlight to meet industrial demand. No electricity, economy collapses. Businesses can't function effectively. Relying on generators is not sustainable in a country with over 200m people.

Agriculture: Food, food and food for sustainable healthy life among Nigerians is very important. Food provides chemical energy/nutrient which enable one to grow and live healthy. Without food, people can't work or carry out daily activities. Currently, food in Nigeria is not sufficient. People are hungry. Farmers need to be safe in their farm. And security should be a top priority. Mechanized farming is key. There is arable land for agriculture. This should be harnessed effectively. Kaduna State alone can feed the whole country (Nigeria). Nigeria has 691234 sq. Km agricultural land in 2018, according to the World Bank Data.

Education: ASUU is on labour strike. What ASUU is demanding is less than N80bn. Quality education is key to sustainable development. Without education, forget the prosperity of any nation. My people are destroyed for lack of knowledge said the Holy Scripture.

A healthy people is a healthy nation. The health sector needs a revamp. 7 World class hospitals should be built in the 6 Geopolitical Zones and FCT. While State Governors should build 3 world class hospitals in each senatorial zone at the state level. This can be achieved in less than 6 months in office. Subsequent plan for advancement should be implemented. Healthcare service should be made affordable to the least person in the society. A good society should be able to cater for the least.

I write to appeal to the next President to look into the above. Nigerians have suffered a lot. Good economy and governance are not expensive. People prosper more in a good economy.

2023 Electioneering campaign shouldn't be insults or abuses but how to make Nigeria great. Stop insulting others.


Written by: Michael Yahaya.
Michael is an Energy Expert with interest in power generation for sustainable development, good governance and economy.

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