You make me laugh in pidgin English. Americans are the largest shareholders in World bank, Afdb, IMF, WTO. That is why they can single handedly decide who becomes the head or president of these organizations.

What makes you think Americans were so powerful preventing Okonjo Iweala and Akinwumi Adesina from heading these organizations?

ositadima1:


Wrong! World bank and IMF is certainly not controlled by america.

ositadima1:


Wrong! World bank and IMF is certainly not controlled by america.

controlled by Ghanaians ?

ahiboilandgas:
they have more problems to tackle in their home country than worrying about Nigeria business clime ......u have 10m homeless people over 1 trillion in student loan ,racism, white supremacist etc u jump all those na Dangote in west africa be ur problem

Their government is surely tackling their problems.

If something doesn't exist, no one would talk about it - Dangote business tactics is being discussed by some "news men" in usa not by US government.

emmasoft:


When it comes to operations priorities differ in the various units of the Holding company. Realities differ from what is on paper most times. You should be able to get FBNQuest through FBN but it may waste your time. The best thing to do is for you to be at the specific company in the Holdco that is in charge of what you need. In this case go to FBNQuest at kaffi Ikoyi.

What is the compensation or incentive for the fund manager of Vantage Guaranteed Income Fund, I know mangers of other funds get between 1% to 1.5% of the value of the fund under management as their fees

ositadima1:


But we have other players nah, we have microfinance banks, we have fintechs and etc. The space is open.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.nsenergybusiness.com/projects/waltersmith-modular-refinery/&ved=2ahUKEwjdvZ24na3vAhUI3BoKHfJ6Cr0QFjALegQIFRAC&usg=AOvVaw068Rk33eTHAS8D9SUvzEjy....pray make God pick your call to build a refinery not by visit visa to America na him be picking calls

OgogoroFreak:
Their government is surely tackling their problems.

If something doesn't exist, no one would talk about it. Dangote business tactics is being discussed by some "news men" not US government.

wilkeleak na whay the embassy Intel they transmit go white house....that why assange is been hunted down by the USA govt....

List of refinery license holder in Nigeria outside the ever hated Dangote https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.dpr.gov.ng/wp-content/uploads/2020/05/LIST-OF-VALID-REFINERY-LICENSES-AS-AT-MAY-2020.pdf&ved=2ahUKEwiPgYrQnq3vAhVRzRoKHcnNBikQFjAAegQIAxAC&usg=AOvVaw0NukHEPszQREoUZ6b5T3L6

ositadima1:


No to monopoly, we don't want dat. We don't want a few private individuals to control our economy.

.The Federal Government has concluded plans to issue 23licences to establish modular mini refineriesto increase local refining capacity, sustainable supplies and to stop importationof petroleum products into the country.

ahiboilandgas:
.The Federal Government has concluded plans to issue 23licences to establish modular mini refineriesto increase local refining capacity, sustainable supplies and to stop importationof petroleum products into the country.

Government "Plans to issue" and Government issue 23 licenses are completely different thing.

OgogoroFreak:
Government "Plans to issue" and Government issue 23 licenses are completely different thing.

what hard to understand..they have issued that the first list and plan to issue 23 more making 45 ....or I should use American accent

Donbrig:
You make me laugh in pidgin English. Americans are the largest shareholders in World bank, Afdb, IMF, WTO. That is why they can single handedly decide who becomes the head or president of these organizations.

What makes you think Americans were so powerful preventing Okonjo Iweala and Akinwumi Adesina from heading these organizations?

This is not correct. I agree they have a larger share but the outcomes of major decisions are subjected to votes based on voting power(Voting power is mostly based on monetary contributions). Currently, usa holds about 25% voting power in the world bank.

Besides, world bank has never forced any one to take loans.

ahiboilandgas:
what hard to understand..they have issued that the first list and plan to issue 23 more making 45 ....or I should use American accent

The fact still remains that dangote business tactics is dangerous to Nigeria economy.

In a sane world, people like dangote will not excel.

On the list 3 companies have a combine capacity of 350,000 barrels per day while dangote is 500,000 barrels day so that almost 70 percent of his capacity ...sp where the monopoly....

Donbrig:
You make me laugh in pidgin English.

Instead of looking inward to isolate d areas where our shortcomings are coming from we are busy shifting blame to other countries.

Did America force u to mismanage ur resources? Did they force you to borrow foolishly? Is this how u dey do ur things?

ositadima1:


Instead of looking inward to isolate d areas where our shortcomings are coming from we are busy shifting blame to other countries.

Did America force u to mismanage ur resources? Did they force you to borrow foolishly? Is this how u dey do ur things?

When people fail, they prefer to blame everyone else but themselves.

Donbrig:
@ahiboilandgas, thanks for educating ositadima1 on this issue. I don't really know how to argue with people, everyone is entitled to his/her own opinion, we all want the best for Nigeria.

We should also understand that oil and gas with new refineries are not the only sector that can improve our economy. There are several sectors that are yet to be tapped into, particularly agriculture and metalic minerals like, gold, silver, tin, copper, lead, zinc, iron, nickel, chromium and aluminum.

Nigeria could earn more billions of dollars from these metalic minerals if we can harness them judiciously.

Nigerians complaining now will not go into the metalic materials sector now. If Dangote finishes with the refinery now and moves into that sector, people will now jump out and be shouting about Dangote taking over the sector. Orient petroleum was given a refinery license decades ago. After the foundation laying with so much funfair, nothing else happened. I support the Dangote proposal of 'no refinery, no license to import'. MBA collected N170B from people. Wetin him take am do?. Live flashy lifestyle. Where are all those that collected huge sum from subsidy scam?. They should use the subsidy scam money to build a 5,000 barrel refinery. The various petroleum marketing unions should form an SPV and build a refinery for their members. That is how competition is done. The space is open and big enough for every player. Enough of this continous bashing of Dangote.

ahiboilandgas:
List of refinery license holder in Nigeria outside the ever hated Dangote https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.dpr.gov.ng/wp-content/uploads/2020/05/LIST-OF-VALID-REFINERY-LICENSES-AS-AT-MAY-2020.pdf&ved=2ahUKEwiPgYrQnq3vAhVRzRoKHcnNBikQFjAAegQIAxAC&usg=AOvVaw0NukHEPszQREoUZ6b5T3L6

This is good, that is if they actually build them.

OgogoroFreak:
The fact still remains that dangote business tactics is dangerous to Nigeria economy.

In a sane world, people like dangote will not excel.

according to Your God don pick call country....like they also said China 1 party system and communist state is bad and cannot bring prosperity but the ccp has succefully and verifiable brought out 500m people outside poverty and conquered extreme poverty......our eye are now open to the false narration on how to succeed as a Nation it must not be acceptable by trump and his cohort in America....our home grown model will work ...

ahiboilandgas:
they have more problems to tackle in their home country than worrying about Nigeria business clime ......u have 10m homeless people over 1 trillion in student loan ,racism, white supremacist etc u jump all those na Dangote in west africa be ur problem

Shuooo. So a whole America has homeless people?. How people go dey homeless in a supposedly heavenly country?.

NIGERIA IS THE LARGEST SHAREHOLDERS IN AFDB

Donbrig:
You make me laugh in pidgin English. Americans are the largest shareholders in World bank, Afdb, IMF, WTO. That is why they can single handedly decide who becomes the head or president of these organizations.

What makes you think Americans were so powerful preventing Okonjo Iweala and Akinwumi Adesina from heading these organizations?

I WILL ADD ALSO ALOT OF AMERICANS RE GOING TO EUROPE FOR HEALTH TREATMENT AND EDUCATION ESPECIALLY GERMANY

ahiboilandgas:
they have more problems to tackle in their home country than worrying about Nigeria business clime ......u have 10m homeless people over 1 trillion in student loan ,racism, white supremacist etc u jump all those na Dangote in west africa be ur problem

NL1960:


Nigerians complaining now will not go into the metalic materials sector now. If Dangote finishes with the refinery now and moves into that sector, people will now jump out and be shouting about Dangote taking over the sector. Orient petroleum was given a refinery license decades ago. After the foundation laying with so much funfair, nothing else happened. I support the Dangote proposal of 'no refinery, no license to import'. MBA collected N170B from people. Wetin him take am do?. Live flashy lifestyle. Where are all those that collected huge sum from subsidy scam?. They should use the subsidy scam money to build a 5,000 barrel refinery. The various petroleum marketing unions should form an SPV and build a refinery for their members. That is how competition is done. The space is open and big enough for every player. Enough of this continous bashing of Dangote.

I have no qualms against any one. Whatever dey do they should not allow a few individuals too much power.

ositadima1:


U said 5 and not 1

They became 5 because others went in instead of complaining whereas the space is open.

How many people are in cement?. Orient petroleum got a refinery license and did foundation laying decades before Dangote. Where the refinery?. BUA is taking advantage and is about to also start building. Did you hear him complain?.

NL1960:


Shuooo. So a whole America has homeless people?. How people go dey homeless in a supposedly heavenly country?.

even me shock ......long endless line of people depending on food stamps over 50m America

tempusfugit:
I WILL ADD ALSO ALOT OF AMERICANS RE GOING TO EUROPE FOR HEALTH TREATMENT AND EDUCATION ESPECIALLY GERMANY

cos their prosperity wasn't real....a rich country like Germany has tution free university while Americans carry endless loans for head unplayable be most is now a burden

ahiboilandgas:
even me shock ......long endless line of people depending on food stamps over 50m America

And yet, America has d highest number of billionaires, highest number of patents. Americas has been first in most things in d last century. Things like medical and technological advancements.

ositadima1:


This is good, that is if they actually build them.

only 5 are serious the rest and story teller for now they want crude first .......we are a lazy set of people we don't want Long term industrialization na sharp sharp like MMM,MBA , import collect subsidy allocation....just rent seeking no more

If u are extremely talented, ur most likely to make it in America than any where in d world. Fact!

If u have or know someone with great talent, America remains the best for that person.

ahiboilandgas:
according to Your God don pick call country....like they also said China 1 party system and communist state is bad and cannot bring prosperity but the ccp has succefully and verifiable brought out 500m people outside poverty and conquered extreme poverty......our eye are now open to the false narration on how to succeed as a Nation it must not be acceptable by trump and his cohort in America....our home grown model will work ...

Your government made US and most other countries a "God pick call" country to her citizens.

Our eyes are now open on how to succeed ke?
Why haven't Nigeria as a country been succeeding?

Infact, to make matters worse, the Nigeria of yesterday is even far better than the Nigeria of today. Like Nigeria is in an unrecoverable bear market.

OgogoroFreak:
Your government made US and most other countries a "God pick call" country to her citizens.

Our eyes are now open on how to succeed ke?
Why haven't Nigeria as a country been succeeding?

Infact, to make matters worse, the Nigeria of yesterday is even far better than the Nigeria of today. Like Nigeria is in an unrecoverable bear market.

it depends at a time NSE is the best performing stock in the world and over took south Africa as the biggest economy and the number destination for fdi and fpi in to Africa.....like wise Nigeria is a top destination for Indian,Labanese and Chinese industrialist and Nigerian banks are top in Africa opening branches abroad like wise Nigeria churches are well present ever where....meanwhile we have Bleep up in security,managing diversity,infrastructural and poverty.....so some labasene and Chinese see Nigeria as Good don pick there Call like mr Lee of Lee group ...

OgogoroFreak:
Your government made US and most other countries a "God pick call" country to her citizens.

Our eyes are now open on how to succeed ke?
Why haven't Nigeria as a country been succeeding?

Infact, to make matters worse, the Nigeria of yesterday is even far better than the Nigeria of today. Like Nigeria is in an unrecoverable bear market.

imagine all the imf loan ibb and co collected where are the projects compared to the loan airports built by china....have u use the Abuja metro ? Or the Lagos to ibadan....so our eye don open we rather use Chinese money than imf money

ositadima1:
If u are extremely talented, ur most likely to make it in America than any where in d world. Fact!

If u have or know someone with great talent, America remains the best for that person.

yes no doubt about that