onumadu:
This is a really remarkable project.
I don't know whether it is a 100% Lagos state funded project, or whether the Federal govt contributed in part or whole to its funding.
I strongly suspect federal funding because this is Nigeria.
If Lagos state funded it solo, then there's no reason why Ibaka seaport should not have been completed by now.
Governments of eastern states should learn from Lagos about delivering big projects.
Truth.

The SE governors have better ideas, blame FG after collecting federal allocation, and wail marginalization.

nairavsdollars:
The first way to Nigeria's Liberation is to separate North from South

And SW from the rest of Southern Nigeria.
Everyone to their tents.

BabaRamota1980:


You cant tell i never hear that word before if not for Professor.

Ok, I am ethnophilic, a very sharp shooter for anything Yoruba.

Anybody that hate Yoruba, will come to us for food this time next year.

ASE wa!.

Biodun556:
There are many abnormal jobs in Nigeria that would disappear as things get better

Don't mind those reapers, they are everywhere exploiting the people and and blaming the government.

PureFace1:



yen yen look at you wailing as if there are not also accounts that create topics only for Igbo, all what your generation is good at is playing the victims

For those of you that says Yoruba is successful in this country because of government,
Yoruba is the most successful in UK and USA too, UK and USA government must be helping Yoruba to marginalize Igbo

Chai.

flokii:
That's like a mall na.. where people go to get all sorta things.

Don't be surprised that the Nigerians into that business of selling African foods place unreasonable high prices on those food items while the Indians, Chinese and co. the poster of the video is talking about sell at cheaper prices. We sef get our own for body, always in a rush to make money not
the after effects.

Indians Don't joke with business opportunities, so I'm no surprised.

chidiokay:



Prices are determined by cost, (i won't want to say market forces in the case of Nigeria) however local refinery in Nig means freight cost and other related cost to export & import are gone ... by common sense Pms dangote can't sell his fuel at the same price as the current pump price
Maybe the differences might not be really much but local refining will reduce the price and not even dangote can deny it

You get time dey explain.

Creeknigga:

How is it lopsided?
First of; its his business
Secondly; most companies listed are major marketers so, the 'SE owned company' can easily buy from the listed major marketers.
Must everything/action be marginalization?

E shock you?.

Flier:
The price will be the determinant if we are going to thank him,Dangote can not be trusted could make things more difficult for Nigerians.

No matter what, Dangote cannot add loading, shipping and clearing cost to his products in Nigeria, no more fuel importation.
The price of petroleum products will definitely go down in Nigeria and no more gbajue subsidy too.
A win win for Nigeria.

lilytender:


That is the main benefit to the nation, not necessarily price reduction, but the nation will not be importing the products with Dollars again. This will definitely have a positive effect on the Exchange Rate

I hope you know most Nigerian youths only brandish certificates, capacity for SWOT analysis is actually non existent, in close to 45% of the youth population.

unclejb2:
So Dangote shun all these marketers from the north that Buhari gave unlimited and limitless empowerment to plunder our oil industry.....

AA Rano
Shema Oil
AYM Shafa
Emadeb.......

Ever heard of distribution channels?.
Relax those you see on that Dangote list are mega distributors.
Ordinary distributors and wholesaler will have to line up and buy from those mega distributors.
Na the wholesalers go sell for those road side fueling stations.
Na the fueling stations go sell for vehicles and generators.
Any other questions?.

Malroux:
Sharap. Bigot.

E pain you?, e no suppose pain you.
By your mouth you are blessed, by your mouth you are cursed.
Your people lives in the remotest villages in Yoruba land, yet you lots opened that gutter you called mouth to insult Yoruba land and her people.
Iye le o ma wo, e o to eye ri.
Epe ni pa eru, epe ni pa ole, kaa daa fun yin.
Eyin akin dani dani, afo ifun gbee mu wonyi.

W

W

Donsheddy:


See gu today naw... I sold and set sl 26950
Dem pick sl start tp drop

Work on your entry.
Stop loss is subject to entry.
Best of luck.

Malroux:
I have been thinking along this line and I think Ekpa is right. Why did it happened in the Igbo dominated area? Too many questions begging for answers.

But Igbos only live in RAGOS na, moreover what will an Igbo man be doing in a " blown loof enviloment " like Ibadan?.

Ozommadu:


You forgot rehabilitation and releasing terrorists back to the society.


Apc is evil

Rehabilitation kor revitalization ni, oh how I love Chinese solutions.
Lace their worthless bodies with masked poisons and release them to die miserably at home.
Those who inflict pains on others deserve no considerations, even God is a killing machine, no peace for the wicked.

o123456789:
Unemployment can't go away easily by creating jobs. The question is that how many people can these companies employ, and can they even pay a decent salary or wage? The government should give out grants to the teaming youths of Nigeria to encourage self employment, and unemployment alongside underemployment will be reduced to single digit.

Chai, they encourage job creation everywhere even in America.
Ever heard of Non farm payroll?.
Government can empower the youths to be self employed, when the self employed youths eventually grow their business, they will still be creating jobs and be employing people or are you anti job creation?.

opamoses1:

LMAO. Abeokuta which the dahomeans fought was NEVER conquered. Only Abeokuta ooo, and not even the whole Yoruba land. They invaded and were repelled. Abeokuta now took the war to their land to finish them of. Dahomey was even under Oyo.

https://guardian.ng/life/the-1851-invasion-of-abeokuta-by-the-lethal-dahomey-amazon-warriors/

The was a liberation war, after a 100 years of subjugation to Oyo empire.
Oyo was already collapsing due to constitutional crisis in Oyo.
Everything is written in the West African history.

Raf4:


All their villages + all their towns + all their cities + all their bushes + all their farms + all their markets + all their huge population + all their everything is just about the size of Oyo state.

Chai

Omoawoke2:


His soul and the soul of every con artist out there will never rest in peace.

Funny thing is that this pastors with their fake miracles confuse the gullible to abandon medication and their case get worse or they even die while they and their family have access to one of the best medical services in the world

Con - vinced not forced.
You self think am na.
Even I was almost con - fused.
Thank God for the king James version of the Bible, I escaped.
Guyana massacre, Stargate, heavens gate mass suicide and hosts of other religious hogwash, culminating in avoidable deaths, no be today bro, e don tey.
Nigerian Christians should read and understand their bibles, this is the only way out.
So that when a motivational speaker begins to preach nonsense, they can quickly jump out, before he carry dem go where dem no know.

DMerciful:
What will this do for you?

It will do this country a lot of good.
You can't know where you're going, if you don't know where you're coming from.

N3TRAL:
Growing up amongst people who are geographically from the South of the country has made me realize that phrases like "power must return to the south" are laced with deceit.


There is actually no "South" in the heart of the average person from this part of the country. The part of the country hates and despises others in the deeper south and East while loving and revering our fellow citizens up North.

I had a conversation recently with about 10 young professionals from the part of the country. They were all in their early 20s. All of them confessed that they loved the Northerners more than those from "South South" or the "South East". Their reason was that the Northerners were "humble" and "did not like money".

It is heart breaking that a younger generation have inherited the hate of their parents against a group that contribute meaningfully to the economic life of their towns while loving those who have only tried to conquer their enclave starting from Ilorin.

Sometimes I think that the hate is motivated by envy and deep rooted jealousy.

This one choke o, accept my sympathy.
I guess the current president is not from the South, your heart aches though.
But still na the thing wey your grandparents cook you go chop.
Iyan egberun odun ma ngbona feli feli, ask the Chinese.

bestman09:
Confused and selfish lots. This is what OBJ tried to do 17 years ago and this same tinubu and his gang fought against it raining insults on OBJ till Yaradua cancelled the process. 17 good years wasted chasing shadows

Really? But he succeeded in selling NITEL, Nigeria Airways, Alscon and Aladja steel rolling mills, he even sold 1004 flats, throwing Nigerians out if jobs and on the streets.
Where are those companies today?. privatisation of these businesses were supposed to make them profitable or am I missing something?.
Una go just come online to dey misyern, victims of unprofitable privatisation policy are yet to collect their pensions and gratuities, while some are even dead.
E no go ever better for anyone, that was ever a member of PDP.
Long story short, it shall forever be ill with PDP and their supporters.

Iceberg3:
This is a big opportunity for the south to come together and make such positive moves cos we know the north will not agree to this.

Remove my West from your South.

Judolisco:
Na so... Some people said dangote built only a depot not a refinery....d same people dat believed buhari was cloned and replaced with jubril from Sudan.... Dem go soon dey vex with dis good news now

Their problem, if they like let them commit suicide, ko kan aye.
Blessed are those who did not see but believed.
God bless the man wey see front, Akanbi omo olodo ide.

Dobodobo04:


Not entirely true.

If Dangote buys Nigeria’s crude at market rate, he refines the crude, sell to Nigerians at competitive rate in Naira, sell to international market also at competitive rate and hopefully make profit from both local and international market to pay off his debt and keep the refinery operating.

If he sells to the Nigerian market in Naira, which he should do by law, there would be less burden on forex.

Don’t forget that some of the crude derivatives have bigger demand overseas than in Nigeria, so he should be able to attract forex with ease in the overseas market.

Only way there could be a problem is if he has no money to buy crude.
As long as he buys his crude in Naira equivalent of a USD/barrel and sells to Nigeria in Naira , no issue.

Also, we avoid Dollar/Naira volatility. If Dangote buys let’s say 600,000 barrels from Nigeria a day from now for the whole year

600,000 x 366 x (78 Dollar/b *800 exc rate)=

Approx N15 trillion Naira stays in Nigeria. Which can be used to fund half of our budget a year.

Also, that’s N15 trillion naira staying in Nigeria. Imagine the multiplier effects on the economy!!

Stop explaining to folks like this, a smart 10 years old will solve this kinds of equation.
What they wish the country is about to hit them, their projections for petrol and dollar has run into a ditch.
Let them sell their #1,200 per liter petrol on X, Nigerians will buy from Dangote.
God bless Nigeria.

coleon:

I have consistently informed anybody that cares to read on this forum that Dangote will not boost Nigeria's forex earnings and you are still making this nonsense submission.
PresentlyNigeria is exporting her crude oil to earn FX or adopting the NNPC model to swap crude for petrol. Either way crude and fx change hands.
Now if instead of using that crude to get FX you give Dangote to refine then the alternative forgone is FX that should have been earned selling the crude. If after Dangote refines and he exports then the crude returns to Nigeria for which he will repay shell and co that he sources the crude from.
Now any profit Dangote makes in the process will go into settling his enormous debt for the refinery or his escrow account offshore which is the model all the oil companies in Nigeria runs.
They all do not save any of their proceeds in Nigeria but with JP Morgan chase in US and you can't blame them because the oil market is internationally denominated in USD.
So please and please forget Dangote to come and solve your FX problems for you and look elsewhere.

As long as Nigeria won't be spending her scarce FX to import fuel and pay some stinking fuel subsidies, better days are here.

theowane:

Are you OK at all?!
Even if we are all criticising Buhari, he should take 90% of the glory.

Those who facilitate the siting of the refinery at Ibeju Lekki should take the glory.
Guess who?, the person is still Tinubu.