Business › Re: How Dangote Sold His Refinery To Gullible Nigerians by FSBoperator: 1:04pm On Sep 20 |
dmexy33: I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.
DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:
1. Why is DANGOTE going public with the IPO? I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.
2. Will you make profit from the buying into the DANGOTE IPO? Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.
3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising. So much ignorance. Crude may be on its way out as an energy source for transportation but it can never be replaced as a major energy input for electricity generation or as a major source for synthesised inputs. Look at your phone for one minute and just imagine there was no crude oil. That phone would probably weigh ten times it's current weight and cost 20 times what you paid for Now look at every electronic device in your surroundings and think of all the crude derivatives that were utilized in making it. The food you eat so cheaply will be 100 times what it's worth without fertilizers synthesized from crude oil. The drugs your doctor prescribed for you are synthesized from crude oil. Crude is valuable because it contains a rich hydrocarbon density that can be synthesized to any thing naturally occuring in nature. The dyes on your clothes would not be affordable without crude as dyes were sourced from plant flower material. And for you to even hold the biotic theory on rude formation shows you are ignorant Crude is not from fossilized bio material but was produced from deep from the earth's crust. Rockefeller is the one who pushed the biotic theory on crude above what most scientists were pushing which was the abiotic theory. Rockefeller needed crude to be finite as a resource so as to make it scarce and profitable. Abandoned oil wells in the Texas oil fields are now springing back to life after decades of running out. The Russians knew about this abiotic theory since the 50s but that played along with the biotic or rather fossil fuel fake science because it was to their advantage that crude being seen as finite. The US is abandoning crude because more and more people are realising that it is not a finite resource but one that is constantly being made by the earth Where do you think all that energy in volcanos comes from? So if the earth can generate so much energy from its very core , is it crude that it can't make? |
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Politics › Re: Peter Obi Vows Life Imprisonment For Hard Drug Importers If Elected President by FSBoperator: 11:07am On Sep 20 |
Kingzjayzee: The presidential candidate of the Nigeria Democratic Congress, NDC, Peter Obi, says that if he becomes President in 2027, anyone importing hard drugs into Nigeria will face a life sentence, irrespective of the person’s status.
Obi made the vow on Saturday during a town hall meeting with NDC members and supporters in Kaduna State.
He also urged candidates of other political parties to avoid making unrealistic campaign promises that they cannot fulfil if elected into office.
“If I assume office as President of Nigeria, anybody importing hard drugs will face a life sentence. Our youths have died a lot because of hard drugs,” he said.
He equally called on political parties to focus on the challenges facing Nigerians by engaging directly with the people.
The former Anambra State governor also pledged to spend his annual holidays in Nigeria rather than abroad if elected president.
According to him, the President should remain close to the people and use such periods to visit different parts of the country, especially communities facing insecurity and other challenges.
https://dailypost.ng/2026/09/20/peter-obi-vows-life-imprisonment-for-hard-drug-importers-if-elected-president/ Where has this one been - under a rock ? NASS passed an amendment for the sentencing guidelines to be life imprisonment for anyone who imports or manufacturers a class A drug. Also, just know if this charlatan ever gets into office , Nigeria will be inundated with fake drugs and products since he sided with the Onitsha fake drugs merchants against nafdac carrying out a raid and closure of their markets in Onitsha. |
Politics › Re: Do You Believe This Is The Coalition That Will Retire Tinubu In 2027(photos) by FSBoperator: 10:53am On Sep 20 |
greatiyk4u: We are talking about Champions League here you are making reference to division 2 league?
Who the people hate is Tinubu not all others who may be useful to their people NDC nah promotion team. They are only competing for 2031 season. NDC playing their Team B in 2027 to build up for 2031 season. Your Giringori that got drafted on free loan transfer will not get a new contract after 2027. |
Politics › Re: Do You Believe This Is The Coalition That Will Retire Tinubu In 2027(photos) by FSBoperator: 10:52am On Sep 20 |
greatiyk4u: Obi-Kwankwaso Alliance: The Coalition That Will Retire Tinubu in 2027
The team that many Nigerians believe will send President Bola Tinubu parking in 2027 is beginning to take shape — and at the center of it are Peter Obi and Rabiu Musa Kwankwaso.
After pulling over 10 million (actual)votes combined in the 2023 presidential election, Obi and Kwankwaso have remained the two most formidable opposition figures with massive grassroots followings — Obi with the Obidient movement across the South and urban youth, and Kwankwaso with the Kwankwasiyya structure that locked down Kano and the North-West.
Insiders say talks for a united front have intensified, with both camps agreeing that only a merger can break the APC's hold on power. Their message is simple: hardship, insecurity, and economic pressure have left Nigerians desperate for an alternative, and by the grace of God, 2027 will be the year of change.
Supporters who shared the now-viral photo of both leaders holding a whiteboard believe it captures the mood of the nation — confidence, determination, and a direct question to Nigerians: Do you believe us?
As 2027 draws closer, the Obi-Kwankwaso alliance is shaping up as the team to watch. Do you believe? Share your opinion i Story |
Politics › Re: Warning: Peter Obi's 2027 Candidacy Is In Danger by FSBoperator: 10:33am On Sep 20 |
yarimo: Peter obi like it or not he must participate 2027 presidential election. They are floating it now to prepare their obidient mob to accept voting Atiku . Lolz. |
Politics › Re: Warning: Peter Obi's 2027 Candidacy Is In Danger by FSBoperator: 10:23am On Sep 20 |
If he likes he should resign from the race , NDC will however remain on the ballot with his name on it. |
Politics › Re: NDC disassociates Party from Purported OK Movement's Campaign Council list by FSBoperator: 9:58am On Sep 20 |
franchasng: Dick abi Dickson should be very careful, he should know that Peter Obi is more than a political party and lay down low and focus on winning the trophy first before he uses his overzealousness to undermine the party's chances come 2027 which is what APC cult association is praying for and will soon start praising him for It should be now very obvious that the obidient are just still with Obi to repeat the campaign funds heist of 2023. What else will warrant such a statement from the quoted poster? Dickson knew how Obidients and their principal hijacked party funds in the LP and doesn't want a repeat of such nonsense. All these obidient OK movement are out to scam the public in the guise of raising campaign funds and that's why this one is hyperventilating over Dickson's latest decree banning them from representing the party. |
Politics › Re: Why I Think That The Government Is Behind The Chinese Invasion Of Retaii Busines by FSBoperator: 9:00am On Sep 20 |
T9ksy: Honestly! I tire for these guys and their cogenital shenannigans. However, when these guys finally gets their biafra, they will still be in out faces. Recently, at the conference held in abuja to restructure the country, see how they came out to frustrate the move, claiming everywhere in the old south eastern region are igbos.
The igbos need Nigeria more than Nigeria needs the igbos. They are thr major beneficiary of this pseudo- One united Nigeria.
Don't mind them. They will learn the hard way . People that are claiming Jews now want to claim others as Ibo. |
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Politics › Re: NDC disassociates Party from Purported OK Movement's Campaign Council list by FSBoperator: 11:00pm On Sep 19 |
franchasng: Dick abi Dickson should be very careful, [b]he should know that Peter Obi is more than a political party [/b]and lay down low and focus on winning the trophy first before he uses his overzealousness to undermine the party's chances come 2027 which is what APC cult association is praying for and will soon start praising him for Peter Obi is una god nah. Bunch of raving mad psychophants. |
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Politics › Re: APC Wins Dawakin Kudu Constituency By-election In Kano With Wide Margin by FSBoperator: 9:32pm On Sep 19 |
franchasng: Lolz just check out the dead parties APC contested election with and they are proud to announce the result as a victory for APC, very funny cult association  Do you know that both ADC and NDC candidates for the Kano elections dumped their respective parties and decamped to the APC? The dead parties are those whose candidates , would rather decamp than contest under their banners. |
Politics › Re: APC Wins Dawakin Kudu Constituency By-election In Kano With Wide Margin by FSBoperator: 9:30pm On Sep 19 |
franchasng: Lolz just check out the dead parties APC contested election with and they are proud to announce the result as a victory for APC, very funny cult association  Dead parties don't field candidates for an election. Where was your NDC and ADC? |
Politics › Re: Peter Obi Disowns Fake Letter To Obi Of Onitsha, Says Signature Was Forged by FSBoperator: 9:28pm On Sep 19 |
SeeWahala: This week alone, infact, just within the past 72 hours APC's henchmen have forged . . .
1. Newspaper 📰 🗞 article
2. Letter to Obi of Onitsha
3. Waterworks payment debt
All ontop Peter Obi's innocent head  I knew automatically that the newspaper headline was fake because Obi is still very much mad and has not been cured of his madness. |
Politics › Re: Peter Obi Disowns Fake Letter To Obi Of Onitsha, Says Signature Was Forged by FSBoperator: 9:27pm On Sep 19 |
Liar.
The backlash from that stupid letter he wrote begging the Obi of Onitsha to beg Solodu to stop exposing his criminal maladministration is why he is denying that letter . |
Politics › Re: Atiku Was Right: Subsidy Removal Left Nigerians Exposed To Every Global Shock by FSBoperator: 9:25pm On Sep 19 |
There's no fuel subsidy ever in the history of every other subsaharan country.
How is Ghana's, Senegal , Ivory Coast , Namibia, South Africa, etc economies doing well without fuel subsidies ?
You are just getting to understand that an undue and highly wasteful govt subsidy has been the only thing propping Nigeria's slim economic advantage . |
Politics › Re: End Political Thuggery Or Nigerians Will End It For You: Obidients To APC by FSBoperator: 7:36pm On Sep 19 |
Memphis357: Enter Warri and announce "Tinubu till 2031" if e sure for you. Who be dis Ibo boy ? |
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Foreign Affairs › Re: Saudi Arabia's Riyadh Major Airport Hit By Yemen Houthis Drones (photo & Video) by FSBoperator: 6:30pm On Sep 19 |
FreeStuffsNG: This is another defeat to Trump and US as the major source of free petrodollars for the US stock market, AI, bond, weapon industry etc is going down in humiliating defeat that will eventually sack the pro-West Saudi family regime ruling Saudi Arabia.
Saudi Arabia is the ATM machine of US and high-budget Venezuela. Smh.
Even with trillions of dollars that Saudi Arabia spent on expensive corruption-laden US weapons, it is taking the Yemeni Armed Forces few days to humiliate and defeat Saudi Arabia. This is a lesson to our Nigerian Armed forces that have been relying on these expensive western toys that lack the ruggedness required in realtime war situations.
The Saudis have lived in so much opulence and comfort that they have turned lazy and weak. This war may end up consuming the ruling family Saud dynasty!
Saudi is being beaten by Yemeni soldiers carrying guns and wearing bathroom slippers in rugged mountain terrains and deserts! Hegeseth just told Europe that the straits of Hormuz is their problem . America has washed it's hands from this war and by extension, the entire ME The Gulf kingdom states better negotiate a peace deal with Iran . Israel , on the other hand, has expired and won't exist on or before 2028. |
Politics › Re: How Soludo Allegedly Looted & Mismanaged CBN by FSBoperator: 6:08pm On Sep 19 |
Abeg this one nah civil war in Biafra.
In an attempt to disparage Solodu for exposing the crook and liar , Giringori , the mob has turned on Solodu.
Snake eating its own tail |
Politics › Re: How Soludo Allegedly Looted & Mismanaged CBN by FSBoperator: 6:05pm On Sep 19 |
Validated: 1. The Polymer Banknotes Contract Investigation (2013) The Allegation: In January 2013, the Economic and Financial Crimes Commission (EFCC) arrested and interrogated Soludo. The arrest followed a petition alleging that an Australian currency printing firm, Securency International, paid roughly ₦750 million in bribes to CBN officials between 2006 and 2008 to secure the contract for printing Nigeria’s ₦5, ₦10, and ₦50 polymer banknotes.The Outcome: Following an extensive investigation, the EFCC officially cleared Soludo of any wrongdoing, but looted fund still remain "not found". Soludo, where is the ₦750 million?
2. The $7 Billion External Reserves Allocation Controversy (2016) The Allegation: Renowned human rights lawyer Femi Falana (SAN) asked the EFCC to investigate Soludo for allegedly "doling out" $7 billion of Nigeria’s external reserves to 14 local commercial banks in 2006. Critics argued this money was given away unlawfully as unreturned loans. Soludo, where is the $7 Billion?
3. Banking Sector Mismanagement Criticisms (2015) The Allegation: Former Finance Minister Ngozi Okonjo-Iweala publicly criticized Soludo, alleging that his regulatory oversight of the banking sector was poor.
She argued that failures in banking supervision during his tenure allowed massive, bad non-performing loans to accumulate, which later forced the government into a ₦5.67 trillion taxpayer-funded bailout via AMCON under his successor. Lolz. The mob lame attempt at striking back. |
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Politics › Re: Peter Obi Arrives Kaduna For Townhall Meeting (Pics) by FSBoperator: 5:00pm On Sep 19 |
Richtaiwo: Do you think is a coincidence that of all sane people in Anambra, Peter Obi chose a mad man as his special adviser? That headline is even Lamba because Giringori is still not cured of madness . |
Politics › Re: Peter Obi Arrives Kaduna For Townhall Meeting (Pics) by FSBoperator: 4:57pm On Sep 19 |
He's going to tell northern elite that he will do one term and that he will do everything to reverse Tinubu's restructuring of the polity. |
Politics › Re: Think About It When You Are Free by FSBoperator: 4:56pm On Sep 19 |
SeeWahala: All your KYC this week has been fake oluwole junk so what new stuff can you conjure 
Tge fear of Igbos will be your end in this life and the next  Fear wetin? Big for nothing majority . Abeg shift. That presidency you are looking for you no go see am. The SS you want to do cut and join your trousers length region to form Biafra, you no go see am. Lolz |
Politics › Re: Political Thugs Attack Obi-Kwankwaso One Million Man March In Warri by FSBoperator: 4:50pm On Sep 19 |
SeeWahala: Who? YOU? 
For what naw you're just our lowly nairaland Pepsi and sprite distribution specialist 
Never get it twisted brua 😏 No be agbo jedi jedi again? You are free to assume my heritage for yourself. I know it pains you to know that some one from SS is giving your Biafra annexation a massive headache here. Tomorrow you will say I am from Kaduna tomorrow I am a northern Muslim fanatic. Well, all join as long as you know very well that I can never be from your pathetic side. |
Politics › Re: Think About It When You Are Free by FSBoperator: 4:47pm On Sep 19 |
SeeWahala: That is the 'abracadabra' of Nigeria 🇳🇬 for you  More verrification go drop this coming week. Giringori said we should do KYC on him. We do am and he no even get OTP wey him dey find. Sorry oh. |
Politics › Re: Think About It When You Are Free by FSBoperator: 4:46pm On Sep 19 |
Kemical23: Civil service end at 60 but your president is 80.. Go and change the section of the constitution if you are not happy. |
Politics › Re: Political Thugs Attack Obi-Kwankwaso One Million Man March In Warri by FSBoperator: 4:44pm On Sep 19 |
SeeWahala: Hehehe and that's why you're posting from oshogbo  I no be Reno again? |
Politics › Re: End Political Thuggery Or Nigerians Will End It For You: Obidients To APC by FSBoperator: 4:43pm On Sep 19 |
Small yansh dey shake |