adecz:





Buhari simply killed our refineries in
order to make his fellow northern
Muslim takeover the Nigerian oil industry.

He handed Dangote the keys to the
wealth of the Niger Delta.

Southern leaders are too dumb, selfish
and politically naive to understand what I'd
going on.❌❌❌❌❌

LegendHero:
How is Dangote going to be a monopoly?

The man also spoke about Dangote cement being a monopoly. Is this man so daft? What about Lafarge, BUA, and etc? Are they also owned by Dangote?

So na the man wey dey head NLC be this? It’s obvious he dosen’t even understand what he is saying.

nairalanda1:


1.Qatar produces 1.8 million barrels of crude a day and shares it among 1.2 million people.

2. UAE produces 2.2 million barrels of crude a day and shares it among 15 million people.

3.Saudi produces 10 million barrels of crude a day and shares it among 40 million people.

4.Nigeria...produces 1.8million barrels of crude a day and shares it (the revenue from the oil) among 220 MILLION people.

We produce the same amount of crude as Qatar and have to share it among .......200 times the population.

That's why we are poor. The per capita oil wealth is too low to make us a rich nation....which is why we got to diversify this economy self.

Basicend:


They own Dangote refinery. . He is just a front man there.

Warlord2014:

I really love your comparison and fact....
But despite the Nigeria growing population, is the generated Revenue even shared across ?

dacool1:


Let him continue to wallow in his ignorance. OPEC DOES NOT regulate any price. They only try to influence. There are so many players in the energy market that don't belong to OPEC.

If you think subsidy removal will make Nigeria better then you are on your own.

The real questions should be how did the cost of subsidizing petrol for almost 16years of pdp suddenly become something we pay yearly to keep subsidies on.

Nobody should be quoting international prices of energy without comparing the general cost of living, earnings and standard of living.

Let them subsidize Nigerians abeg, let them arrest and prosecute those behind the subsidy scam. Why would over 200million people pay the price for the crimes of less than 50,000 people.

If Nigeria is so broke then let them start with themselves, why will less than 1million people get to enjoy about 25% of the statutory allocations legally and still have access to steal up to 50%.

No stupid increase in wage too. Are you all not tired of this persistent rate of inflation. If you think the government of Nigeria would give you a minimum wage that will buy a bag of rice you are on your own. The moment they increase the minimum wage the cost of every commodity will react to counter the benefits. Why do you think despite the increase in wage people are still poor all over the world. That's because it's the SYSTEM.

Capital punishment should be meted out to public officers who are found guilty of corruption.

Why do ignorant people think competition would drive prices of petrol down and make it cheaper. Haven't you heard of price rings? How much is a litre of LPG, Diesel, kerosene? E Don come down? Why is competition not driving the prices down.

It is the duty of government to regulate prices, there is no market that cannot be manipulated forget all these demand and supply theory, there is a reason why there are abnormal demand and supply curves. All they need do is create a disruption In The normal flow of things and blame it on an event.


How many times will they remove the so called subsidy self. Don't be surprised that after some months or years you will begin to hear subsidies again.

dacool1:


Please we are being robbed. Almost anyone can make that money working for ONE hour. How many people make 5000 naira in an hour in Nigeria?

Stop all these biased comparison.

renderme:


Normal northphobia propaganda. Oya u guys claim to be business men, enter the essential commodities market and compete na. You want to bring down the ones dt decided to do something.

jmoore:

Chinese government owns and operate more than 38 refineries in China.
If your government can't run a business, then they can't run a government too.

Your corrupt politicians sold you a lie that government can't run a business. China that is doing it, do they have extra brains in their heads?

obyno82:


That was the same MO standard oil was using against other operators. If you don't play ball, he will acquire your company and absorb it under standard oil.

richidinho:
Dangote refinery will start work in 2025

Forget the lies they are telling you, that refinery is still @ 65% completion

richidinho:
Dangote refinery will start work in 2025

Forget the lies they are telling you, that refinery is still @ 65% completion

renderme:
This IMO state guy is just being partisan. Everyone knows BUA will also finish his refinery next year.

What are the other options this country has? Government can’t run any business. All their refineries keep swallowing money & is useless.

Subsidy is a pit that also swallows money wt no benefit for expansion. Subsidy is gone. The goal is increasing states revenue generation and providing a living minimum wage.

Dotherightthing:
Rubbish!

Subsidy is gone!!

Ask for pay rise!!!

AareGaa:


Peter Obi is a dumb liar.

There's no way the price of fuel will come down to ₦100 even if refinery is sited in every local government

obyno82:

rule 2 violation.

9jaRealist:


There are thousands of NLC members “working” at those refineries…
>

franchasofficia:
Dangote is scamming Nigerians through Federal Government.



Dangote refinery is not even 70% ready, he hurriedly deceived Buhari to commission it to get more FOREX at CBN rate which is how Aliko Dangote and others like him have been making money off Nigerians.



Dangote will set up big company like oil refinery, cement plant, etc in the guise of helping to grow Nigeria's economy while shortchanging his Nigerian staffs who always resign and move to better firms, and then he hires plenty expatriates and quote high salaries in USD for these idle expatriates he uses as conduit to get dollar from CBN at CBN official rate which he goes to sell at black market rate to make billions.



Dangote Refinery isn't starting PMS refining anytime soon until around 2025 because even the cracker he hurriedly told Indians and Chinese to test run failed.



Are you dumb Nigerians not aware that Dangote applied for Petrol importation license last year and have gotten it? Why is someone building Petrol refinery still applying for PMS importation license and built massive tank farms at Ibeju Lekki?



We know their secrets and that is why they hate us for always exposing and daring them.




Dangote is deceiving you all while FG helps him to make billions off Nigerian people's sufferings and tears. Una eyes go soon clear

rukyboy:



The tank farms could be for crude oil.storage or storage of his own refined petroleum before shipment.

renderme:


They have already granted licenses to several modular refineries. Don’t argue if you’re not up to date or know nothing about a conversation.

kingsways:
It makes no sense to say market forces will determine price when you have only one supplier in the market

kingsways:
It makes no sense to say market forces will determine price when you have only one supplier in the market

Macphenson:


Stop saying whay u dont know about petroleum prices. Go.and make a little research about.OPEC and non.OPEC prices and sales.

If I start bringing out the sensitive information I have about petroleum non OPEC sales, you will marvel. You will u derstand that the greatest scam in this country is that we produce just two million baarrels a day.
Its only on this forum that u will see kids arguing what they have the slightest idea about.

nairalanda1:



The refineries were already in a mess long before Buhari took over. They were not producing up to capacity as at 2011, and they were depreciating as far back as the 1990's. The cold reason being subsidy forcing them to operate at a loss...so that we could have cheap fuel.

Plus the deal to build Dangote's refinery was signed under , and some of the loans were facilitated by GEJ's government.

Also, licences have been issued to private refineries since ...by 2011, there were dozens of refinery licences. That they were not taken up has more to do with the fact that no one is going to sell subsidised fuel from any refinery...one would lose money.

LegendHero:
How is Dangote going to be a monopoly?

The man also spoke about Dangote cement being a monopoly. Is this man so daft? What about Lafarge, BUA, and etc? Are they also owned by Dangote?

So na the man wey dey head NLC be this? It’s obvious he dosen’t even understand what he is saying.

OfoIgbo:


Are those modular refineries online presently? Because if they are not, just consider them another yahoo-yahoo promise from the Buhari/Tinubu stables.

No wonder Obi is considering issuing those licences to people who are currently refining illegally. At least there's a proof they can refine

Obis proposal remains the best

gabbytabby:
We know you like fighting, you are vindictive and destructive hence why you need to be ignored and contained by people looking to build and lead peaceful lives.