Chicfarmer's Posts
Nairaland Forum › Chicfarmer's Profile › Chicfarmer's Posts
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Rossikk:You started this topic well but you let your emotions get in the way. There is nothing wrong with people expressing an opinion. You simply counter with superior argument or you persuade them with logical reasoning. let's stop insulting those who hold contrary opinions, please. Back to your original post, we have leaders who do not THINK and that is where we have a problem. The Governors especially are the worst set of politicians we have. Any project that will not benefit them in billions will never be considered. We have a long way to go jare.. |
ChatterHouse:Stop insulting people. Everyone must not share your opinion. Why have these so called importers who have stolen trillions in subsidies not been able to build refineries with their loot? Why can NNPC not make even ONE refinery work? How long do we continue to import a product we more or less produce? If these greedy importers are so concerned about Nigerians then let them build their own refineries and slash product prices! |
This is vegetable oil fried rice ![]() |
Bestjoy:Gbam. I almost wanted to uninstall and reinstall before I saw this your comment. |
Omo I no wan hear say Nestlé fold up o. They are systemically important in the fmcg industry. The job losses no go funny at all |
bizbro:Omo.. |
JAPAHTML:I swear I dey miss Dan die. |
Guys, Please is there any way to get Afternic to accept push at SAV? This Dan demise na serious problem o. ![]() |
Congrats! @Gpexchange. |
This is disgraceful. We keep sending the wrongest signals to investors and the international community. |
Looks good and innovative. Happy sales! |
Pawa100:Exactly! NNPC should first answer this question before their empty propaganda. They just want to continue their criminal import operations. |
So I have received a lot of responses to my original comment on this issue and would like to make some general replies. First I commend most of the responders for keeping it civil. We don't have to throw insults because we just want a better country, so kudos to you guys. I also admit that you made some valid points although I can deduce that your fears are borne out of what could happen if we have a monopoly in oil refining with the Dangote refinery. However, let's consider the following points: 1. Dangote refinery is NOT a monopoly. There are several other private refineries both working and those in progress including BUA's 200,000 bpd refinery (although I cannot confirm its current status) 2. Dangote is NOT SEEKING for a monopoly in refining petroleum products. Like I said earlier, there are other local refineries and the PIA act provides for continued issuance of permission to new investors once they meet the criteria for refinery license. 3. Local refiners CANNOT compete with importers. These importers are a cartel that have accumulated vast wealth through the fraudulent subsidy scheme over the decades. They can afford to slash their profits just to undercut and kill the local refiners; and then we will be at their mercy, believe me they won't be kind to us after they have gotten rid of local refiners. If they are so benevolent then why have NONE of these same billionaire importers invested in a local refinery all these years they have sapped our subsidy money fraudulently? 4. Allowing further importation of petroleum product will kill incentive for new investors into local refining. Shall we continue to import forever? Where has importation which we have done for over 3 decades gotten us to? No sane investor will build a refinery only to compete with importers. This simply defeats the essence of the new PIA act which seeks to encourage local investment in the petroleum industry. 5. NNPC is responsible for all this mess. It is a monumental disgrace that the NNPC cannot maintain ANY of their FOUR refineries. It is unconscionable. They are simply interested in issuing imported licenses and collecting kickbacks from fraudulent importers. 6. For those afraid of Dangote being a monopolist in this sector I think the emphasis should be on the regulator to ensure that no undue advantage is granted to any local player over the others. Conclusively, this suit is to test the new PIA act in the law court. If indeed granting more import licenses is against the law, then Dangote, and indeed any local refiner reserves the right to test this assertion in court. Remember, if Dangote wins this war, more investors will invest in local refining. God bless everyone. |
millionboi2:Keep it civil. You can't compete with importers. They will undercut and kill local refiners and then we will be at their mercy. Now tell me which investor in his right mind will build a refinery when he can simply import and make fast money? If these importers are so patriotic why haven't they built refineries all these years they have been chopping subsidy money? |
Kobojunkie:I get your point, but read my response to @ Emeenaka to see why I support this action by Dangote. These guys are not importing because they love Nigeria so much. |
EmeeNaka:I agree with you that there should be competition but certainly not with these selfish importers. Their aim is to undercut and kill that refinery and then turn around to deal with Nigerians. If they love their country so much why haven't these importers who have been fleecing us through subsidy all these years not been able to pool their resources to build a refinery? Besides, Dangote has a right to go to court if he feels that NMDPRA has violated the PIA act by issuing licenses to these importers. |
Dangote has a valid claim if indeed NMDPRA is in violation of the new PIA act by issuing those licenses. Why must we continue to import just to enrich a few fat cats to the detriment of Nigerians? The man needs to fight for his business before they cripple him. Let the Court decide. |
How would they loot big money if they don't award bogus jumbo contracts? ![]() |
ThaThinka:Thanks bro. |
Ludakay:Thanks. |
Guys please which Afternic nameservers display BIN? |
Ludakay:This is correct. |
Omo, this baba just dey wait for future in-laws to show up like this. Time to carry grandchildren don reach . Congrats man. |
cococandy:You're very correct. Na sausage we dey call am when we were kids. The thing sweet die. ![]() |
Omo! 600 kpa |
Learner47:Congrats! This looks good. |
Learner47:Great insight. Just to update that Daaz jerked up commission to 9% effective July this year. |
Learner47:Great. Please keep us posted on enduser response to Daaz. I think I'll also jump on this bandwagon. I did a couple of $50 deals with them in the past and their services are just like Dan's. Thanks for your perspective. |
@ cornoak, What do you think about using Daaz lander for fast push and payout? Other opinions are also welcome, house. |
This is an outrage. ![]() |
CapitalBank:Check your email. |
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