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?

Death penalty for corruption in China the law is different

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.

Idiots and nincompoops don’t think.

Maybe Tinubu’s TVC is also a monopoly because it is the only television station in the country. Useless fools

richidinho:


The BUA refinery in Akwa Ibom is only 0.5% completion

They are still clearing bush where it will be cited

Don't mind them

N3TRAL:


The licenses are not granted free of charge. Not everyone has what it takes to get the license. If you're capable, you'll get the license when you apply for it.

Not everyone has what it takes

What about rumors of politicians owning refineries outside the country?

It's all political.
U can't tell me there is no one aside dangite that has the capacity to build a refinery

richidinho:


The BUA refinery in Akwa Ibom is only 0.5% completion

They are still clearing bush where it will be cited

And the three or four government refineries nko?

`This is simple, his people and the people he's leading are used to sitting at home and they are not productive, but the rest of Nigeria won't join you because sitting at home is not our culture and way of life

SmartyPants:



Of course they are doing that. As we speak the process is ongoing and it was announced publicly.

Yes I heard about it last week or so.

Why haven't they granted other people licences for the past decades?


Ur guess if true, is as good as mine

Emotional set of backward people
Saying dangote is operating a monopoly in cement shows this man is shameless

42 license where given all tribes what stop your tribe men and mine tribe men from building

Innoson is the only person coupling cars do any one fight him

richidinho:


The BUA refinery in Akwa Ibom is only 0.5% completion

They are still clearing bush where it will be cited

Whose fault you that you people haven’t built private refineries? You people are just too lazy minded in that country, Government must do everything for you lazy things?

Private business jurisdiction, you want government to handle for you lazy things?

Come west. & see private sector driving the economy.

This Union guy is not thinking right how about if he go on strike and the government refuse to reverse to the old price, what is going to be his next line of action, because as it is now I don't see government reversing to old price. Going on strike is a wrong decision.

9jaRealist:


They are/were at least 28 licenses granted for private refineries BEFORE Dangote Group was granted a license…
>

So what happened to them?

Threats? Were they just formalities.
Or they decided not to go for it again?
Don't tell me they cudnt source for money o

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?

Did you explain this to Jonathan?

sapele914:
Whose fault you that you people haven’t built private refineries? You people are just too lazy minded in that country, Government must do everything for you lazy things?

Sharraaap there, fugitive bast@rd

OGHENAOGIE:
you aren't wise... China and Nigeria nobi same.. in china it's a state run economy... Nigeria isn't... Simple... The govt is Also ur own even if some of u think a loser Obi ll win in court

I wrote India and you are talking China. Your own thinking na b@b@blu.

richidinho:


Sharraaap there, fugitive bast@rd

Like Simon Ekpa & Nnamdi Kanu .

Hope ipob allows you to leave your cave today to go buy akpu to munch?

FreeStuffsNG:
You will soon calm down when reality of the division in NLC hits you.

The deal is how will the division be beneficial to the masses. What sort of people full this Nairaland sef. Celebrating failure always just to spite another

We dont have light, no good roads, no good health care yet the only thing that the citizens have benefitted is subsidized fuel and yet the removed it, saying to want to channel the money to road and other infrastructure.
Ordinary 1.6trillion spent on subsidy and buhari has borrowed 17trillion naira and yet no result on the masses.
The citizens have lost trust in their government and the only way to redeem it is by rehabilitating the refineries or build new ones, before removing subsidy.
We must not allow this to happen else there will be high inflation.

Dotherightthing:
Rubbish!

Subsidy is gone!!

Ask for pay rise!!!

Why do we have to ask for pay rise?? Did we ask for subsidy removal?? Why can't the government raise the pay before removing the subsidy? Una go soon get sense by force

kayode4arch:
Go to those countries and buy and make more profile here now, just spitting out rubbish

kayode kayoto Before you quote me next time make sure you ain't stewpeeed....

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?

Bros leave them, Aramco is government owned its the third most valuable company today. Saudi government own it 90% so if we can't replicate that then it makes no sense.

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.

u don't know anything,dangote is a company politicians invest their looted money,and u think they wount frustrate every other thing to see the company grow

Menclothing:
Emotional set of backward people
Saying dangote is operating a monopoly in cement shows this man is shameless

42 license where given all tribes what stop your tribe men and mine tribe men from building

Innoson is the only person coupling cars do any one fight him

Chaaiii, they have already sacrificed you. Your eyes no clear again

Wodu89:
God Bless You Joe. tell them

Ibos are just bitter because of the completion of Dangote refinery.
Those imaginary billionaires from the South East should go and apply for licence to build refinery too.
Is it only importation of substandard Chinese products they know how to bring in?
Chai!

9jaRealist:


At least 28 licenses for private refineries were (or have been) granted going back to the OBJ administration…
This includes BUA, Orient, Waltersmith, etc. And is apart from the promised “4 Greenfield Refineries” by NNPC.

Dangote is not the only Nigerian with money…
But remains one of the few who invests in MANUFACTURING (in infrastructure-poor Nigeria), rather than trading.

All of the world’s biggest corporations/businesses take loans (or other debt capital)…
Nonetheless, loans are not given out for free, and with this refinery Dangote Group provided HALF of the funding.

Peculiar thing about Nigeria is the perchance to denigrate success (while often celebrating failures)…
If Dangote was a trader investing only in his own village or state (instead of across Nigeria/Africa), he’ll be venerated.
>

Am happy u mentioned that the licences were granted by nnpc the supposedly corrupt body.
It's like u fail to view dangote domination as monopoly and unfair business tactics.

If u believe dangote coughed out 9 billion USD of the 18 billion USD for the refinery then u can believe anything.


That's why I tell u that it's Monopoly.

There are many people of other tribes that can build refineries but for some reasons best known to whoever it doesn't happen


The day we have at least 10 refineries frm different people, that will be the day prices of things crash.

ambale:


See the excuse you are giving for the failures of the governments you spend heavy taxes to cater for

So government cannot handle simple issues that private owners can and we should celebrate them for that🤣

People that talk like this don't pay tax.

Johnn74:

Dangote is in Lagos. The poster said [b] BUA refinery in Akwa Ibom is 0.5% completion.[/b]That he is still clearing bush at the site of one of Dangote's refinery potential formidable competitor in the private sector.

(Since na crime (organised crime) for government refineries to ever work at full capacity, despite gulping billions of dollars in repairs & maintenance fees annually ))

Oh ok.
You still have to confirm it.

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

there is also imported fuel.

If they ban importation of fuel, then that's when you should be worried about dangote.

hisexcellency34:
That's why Dangote is kneeling down in front of Tinubu

before nko.do u know how much looted fund he invested in that refinary

hisexcellency34:
That's why Dangote is kneeling down in front of Tinubu

e dey tell am say... He don misyarn oh about subsi5

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.

apart from that, they didn't ban fuel importation like cement.

So if dangote price is not favorable, then we can shift to imported fuel.

The man is partisan and needs to be get rid of asap.

richidinho:
Dangote refinery will start work in 2025

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

Be guided kid.

The refinery is working already.
We are rolling out the first batch of PMS on July 1st.

I'ma Dangote Staff.