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Nairaland Forum / Nairaland / General / Politics / Refinery: Dangote Already Paying Debts – Emefiele (36227 Views)
Tinubu Encouraged Me To Start Refinery – Dangote / Mele Kyari On Refinery: Dangote Not Happy With NNPC Proposed Stake Acquisition / China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" (2) (3) (4)
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Re: Refinery: Dangote Already Paying Debts – Emefiele by Lovenorth: 11:00pm On May 22, 2023 |
happney65:Ipob terrorists are very useless |
Re: Refinery: Dangote Already Paying Debts – Emefiele by enobongalfred: 11:28pm On May 22, 2023 |
Re: Refinery: Dangote Already Paying Debts – Emefiele by Owopumpy: 11:33pm On May 22, 2023 |
We will hunt you down after may 29 |
Re: Refinery: Dangote Already Paying Debts – Emefiele by COMPAQ(m): 1:09am On May 23, 2023 |
Jnkay: Calm down. A lot of that is due to naira devaluation and Nigeria's poor infrastructure and business environment. So iphone that was N400k 4years ago and now N1.2mln na Dangote? Car that was N7mln 5 years ago and now N18mln na Dangotes? Diesel that was N250 1 year ago and now N700 na Dangote? |
Re: Refinery: Dangote Already Paying Debts – Emefiele by COMPAQ(m): 1:31am On May 23, 2023 |
odi1278:. Considering that we are in Nigeria, I can understand your skepticism,however I would appreciate you temper your insults. You are not the only intellectual on this platform. Unfortunately,too many Nigerians think they are the best thing since sliced bread, not knowing what they think they know 100% is only 20% of the subject matter. While I find it hard to believe, my comment was to get your mind thinking a bit wider from the narrow, pessimistic view you have. Dangotes cement paid N340bln in dividends in 2023. If Dangote owns 70% of that then over the last 3 years he might have earned circa N720bln which is almost $2bln. Dangotes could have raised equity to replace high interest debt. I recall Femi Otedola invested large when he sold Forte oil a few years back. That could be another $1bln from Otedola and co. If a bank like AFREXIM or other multilateral investors invested, he could have got a few billion dollars to pay down the debt further. The Point is that there many deals that could have been executed to pay down the debt. It's also possible the numbers emefiele quoted are not quite right, but if you take that information as 50% right and 50% wrong, the 50% right part is not absolutely undoable!! 1 Like |
Re: Refinery: Dangote Already Paying Debts – Emefiele by Believeintruth: 2:58am On May 23, 2023 |
prof22: Oga go and relax jare it is a waste of energy fighting you because you are not worth the challenge. |
Re: Refinery: Dangote Already Paying Debts – Emefiele by bigcasava1(m): 3:10am On May 23, 2023 |
richmond500:how is dangote cement? Go school make you get sense |
Re: Refinery: Dangote Already Paying Debts – Emefiele by bigcasava1(m): 3:13am On May 23, 2023 |
JackDaAlienz:the northerners are still the one ruling after buhari goes, Tinubu is just a shadow, they help him rig and they will also detect the tune of the incoming govt |
Re: Refinery: Dangote Already Paying Debts – Emefiele by motih35295(m): 3:40am On May 23, 2023 |
Good one from Dangote Check my profile fridge for sell Location PH 300k Condition good Hisense double door fridge Contact me asap Receipt available
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Re: Refinery: Dangote Already Paying Debts – Emefiele by Giftexx: 5:03am On May 23, 2023 |
Becareful of capitalist...price cud shoot up to 1000#/ltr |
Re: Refinery: Dangote Already Paying Debts – Emefiele by Brushstrokes20: 5:49am On May 23, 2023 |
While the disastrous combo of you and Mr lifeless wrecked the shithole beyond redemption! |
Re: Refinery: Dangote Already Paying Debts – Emefiele by Slurity(m): 6:38am On May 23, 2023 |
lonecatt:You knows nothing about business strategies around marketing. |
Re: Refinery: Dangote Already Paying Debts – Emefiele by dododawa1: 7:00am On May 23, 2023 |
EMEFELIE |
Re: Refinery: Dangote Already Paying Debts – Emefiele by oladiran2(m): 9:16am On May 23, 2023 |
This your thinking get as he be ooo. Which subsidy are you removing again when no more export of crude and crude can only be sold out for foreign exchange and tnus hopefully bring down d dollar rate. ojun50: |
Re: Refinery: Dangote Already Paying Debts – Emefiele by Mustack: 10:27am On May 23, 2023 |
richmond500: I tire ohh.. those labourer people have hate in there DNA 🧬 |
Re: Refinery: Dangote Already Paying Debts – Emefiele by Codes151(m): 11:58am On May 23, 2023 |
Stupid country. That what happens when you inhabit a country with tribal idiots. Why should Dangote own a refinery in Nigeria! |
Re: Refinery: Dangote Already Paying Debts – Emefiele by HBB1(m): 12:26pm On May 29, 2023 |
OChimex: Bragging about a phone? Jeez! This is so sad. You are broke bro. |
Re: Refinery: Dangote Already Paying Debts – Emefiele by OChimex: 12:33pm On May 29, 2023 |
HBB1: Are you sure you well so? Who is your bro? |
Re: Refinery: Dangote Already Paying Debts – Emefiele by OChimex: 3:48pm On May 29, 2023 |
HBB1: For calling me broke, drop your account number make I wire you Aza to show you I no be broke |
Re: Refinery: Dangote Already Paying Debts – Emefiele by HBB1(m): 5:19pm On May 29, 2023 |
OChimex: I could give you my HSBC account, but I would not want to divulge confidential information here. Would have loved to see you knock your self out trying to send me Pounds. Na you go tire! |
Re: Refinery: Dangote Already Paying Debts – Emefiele by melonsgroup: 7:11pm On Jun 17, 2023 |
How can somebody borrow billions of dollars to build a refinery and paid back 70% of the same money when the refinery is yet to produce a single drop of petrol ? Thieves |
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