lonecatt:
good for him
dangote doesn't need illegal inauguration of his refinery.

What makes it illegal Mr. Lonecatt. Just want to know if you have common sense.

I pray for a greater Nigeria of equal opportunity


If tinubu was never a gov of Lagos that state will be like rivers state


There is a special oil on that man from Lekki to Epe it’s transformed

Akwa ibom needs a leadership structure that will be consistent in a simple map out growth


Most state in Nigeria waste money on incomplete projects due To change in government and policy but since 1999 Lagos is following a fiscal policy by the Tinubu government

Timmi:


What makes it illegal Mr. Lonecatt. Just want to know if you have common sense.

the courts have not validated him mr sensible

freemanq:
Fuel will now be sold at 85 per liter

if I hear

HacheNoire:
Dangote is one brilliant dude!

Already servicing debt without starting production.

Dudes calculations coming thru!

He is not. He is just one lucky dude who accepts to play by the tunes of Nigeria dumb wicked politicians to milk and country and extort the poor masses.
Take for instance cement. Just 4 or 5 of them in that industry, now fuel, only him they let build refinery.
If this dude thinks he is smart, let him come into European, American or Asian market come play, where you have big, smart money.
After all, American, European, Asian billionaires are coming to Africa to invest.
Let him as richest African go that side go invest.
Then, if he succeeds, I will believe him.

lonecatt:
however buhari is he is still more legal than that thiefing drug lord.

And your Peter Obi is the worst of them all ObiZombie

odi1278:
How is it possible that a project that hasn’t commenced revenue generation has paid back almost 70% of the loan. Please use your church mind na… God give you brain to be able to reason.

He can repay that loan from cash flow from other business like dangote cement, sugar, salt and fertilizer. Dangotes personal dividend from those companies will be hundreds of billions of Naira per year. And I'm sure he's paying back at official exchange rate, not black market.

lonecatt:
the courts have not validated him mr sensible

Obviously you just proof my point, is it not Buhari that commissioned it, so who needs to be validated by the court.

richmond500:
I wonder why people hate this man

If u become rich today people will hate u, it is just natural

KunleAkingbadeh:
Trust Emefiele at your own peril!

A man that can successfully deceive a whole nation with his new naira redesign policy, would not find it hard to deceive few individuals on seat.

Dont lose guard!

We need proof, don't believe a single word that comes of these discredited and deceitful government officials.

HacheNoire:
Dangote is one brilliant dude!

Already servicing debt without starting production.

Dudes calculations coming thru!

Believe Emefiele at your own peril.

Lovenorth:
This guy would be seriously dealt with by Tinubu and his Boyz early next week

Dey play. Someone that is going on study leave. If na you,you go wait make them deal with you?

Goodygoody76:
Debt as how?

Alhaji Dangote borrow money build that Refinery. The CBN Governor come yarn say, Alhaji Dangote don dey pay back small small.

freemanq:
Fuel will now be sold at 85 per liter

This commissioning is a prelude to fuel subsidy removal, which will enable Dangote and its shareholders to recoup their investment faster and quicker.Be prepared to buy fuel @700 naira per litre.

You must be a joker… $7bn? You must be having a laugh… I don’t know how Nigerians cannot just think.

COMPAQ:


He can repay that loan from cash flow from other business like dangote cement, sugar, salt and fertilizer. Dangotes personal dividend from those companies will be hundreds of billions of Naira per year. And I'm sure he's paying back at official exchange rate, not black market.

odi1278:
How is it possible that a project that hasn’t commenced revenue generation has paid back almost 70% of the loan. Please use your church mind na… God give you brain to be able to reason.

He can pay back from his numerous other Businesses. Dangote Cements, Dangote Fertilizer etc. Remember it is The Dangote Group. Though departmentalized in some ways but ultimately he owns them all. So, he can actually back some/part of the Loan.

I would also raise an eyebrow if we are told he has paid down 100% which is not suggested in the CBN Gov. speech.

HacheNoire:


You are still pained!

Be patient! Obi can still win in 2031

Remember, the patient dog eats the fattest bone.

Obi dog 🐕 don kpai....
Hunter don kill Obi dog 🐕

Islie:


https://dailytrust.com/refinery-dangote-already-repaying-debts-emefiele/

Where did the money for repayment come from?

From hapless Nigerians who pay exorbitant amount for Dangote products. Cement that should ordinarily cost #2000 is being sold for #4500 plus.

People will keep building houses making Dangote more money.


If only the next president will make the playground level.

I always knew the Ewele guy was the one that made this huge funds available for dangote. When the project stalled and the huge loan couldn't be serviced, he brought in many policies for commercial banks to ripp off people. Changing goalposts always for legit account holders

My bank will deduct like 3-4 different fees for making one single transfer.,!

The time I got mad was when they suddenly stopped sending account statement every month like they used to. Then after months they continued but my dollar account which I haven't transferred from and usually just left there without seeing debits, just reduced!

I quickly went there the following day to collect it sharperly. The lady in charge of forex was telling me there was no deduction. Shey she dey whine me? They prolly thought I had forgotten the small dollars there.

Emefiele is a thief! You will have money, you can't withdraw etc was to keep our hard-earned money away from the owners because of people like dangote! From study leave, he quickly came out to take glory .. idiota

For poor ppl this is how Nigeria was sell to one person.
Did you know that the almost of the 18 billion dollars was borrowed?you see?

fuckJones:
that will not happen, Dangote occupied a monopolistic seat in that field now, he will influence the price and nothing will happen

That monopoly is my fear but on the other hand it will boost the value of our Naira because we will stop sourcing for dollar to buy fuel from abroad.

shezy14:
Wetin dey pain you like this?

I dey okay my brother.na cheap flight I dey find like dis.. nothing concern me o

fuckJones:
that will not happen, Dangote occupied a monopolistic seat in that field now, he will influence the price and nothing will happen

any business dangota enters price never remain the same. He will first monopolize it. More suffering to Nigeria and inflation.

Oscarchims:

Yes my brother... Privatization is the best solution, but they don't want...

..abi,. the government wants to be in charge of those government owned refineries so that any money allocated to those refineries for repairs and rehabilitation of the refineries the
federal government and government officials will embezzle and loot the money to their pockets and bank accounts., nawaoooo

ojun50:

Dey play, just prepare to buy at 500 plus, ones the refinery is ready we remove subsidy

Keep quiet 🤫 if you don’t know what to say, you don’t read do you?

The Dangote refinery which has the capacity to process 650,000 barrels of crude oil per day, is the largest single-train refinery in the world. Given this processing capacity, the refinery is more than able to meet all of Nigeria’s domestic fuel consumption, which is about 450,000 barrels per day; whilst the excess production will be available for export.

ufotunang:
..abi,. the government wants to be in charge of those government owned refineries so that any money allocated to those refineries for repairs and rehabilitation of the refineries the
federal government and government officials will embezzle and loot the money to their pockets and bank accounts., nawaoooo

Private sector is the solution to the bad economy and country and solution to poverty, hunger, unemployment, hardship nigerians are facing... that is why the government should provide a conducive environment for bussinesses to strive, excel and expand so that jobs can be created for the youths and nigerians

fuckJones:
that will not happen, Dangote occupied a monopolistic seat in that field now, he will influence the price and nothing will happen

Until then!!! I’m
You don’t read that

The Dangote refinery which has the capacity to process 650,000 barrels of crude oil per day, is the largest single-train refinery in the world. Given this processing capacity, the refinery is more than able to meet all of Nigeria’s domestic fuel consumption, which is about 450,000 barrels per day; whilst the excess production will be available for export.

freemanq:
Fuel will now be sold at 85 per liter

you can build your own and sell at 50 Kobo per litre

This idiot never resign.... after his misconceived shambolic and disastrous new naira notes introduction.

HacheNoire:


You are still pained!

Be patient! Obi can still win in 2031

Remember, the patient dog eats the fattest bone.

The Pathological liar can't be my President.
I would rather burn my pa$$port than having me as my President.

Emefelie I don't believe u.
Trust emefelie at ur own peril