₦airaland Forum

UltraSolid:
100% correct. Glad we still have people from Nigeria who can see the big picture and not only self-hater who automatically and blindly applaud whatever negative others say about Nigeria without understanding our nation and people are being used for the personal ambitions and parochial agendas of others.

Britain is my second nation and I have had her passport from birth though I now live and work In Nigeria Very happily. The UK is so tough now that all my friends, associates and family there are complaining.

Yet the likes of Kemi think throwing their nation of origin under the bus, and attacking immigrants everyday, can somehow make the real problem of the UK dissappear which is a dearth of new income opportunities and new wealth creation avenues in the system that can sustain appreciable economic growth and increase GDP plus per capita income.

Every budget year, for as far back as I can remember, all the UK Chancellor does is Rob Peter to pay Paul. I.e take 2 pence away from a group of tax payers to then use claiming tax reduction for the "most burdened".

Yet Nigeria has so much unexploited wealth and opportunities, from her human and mineral resources to virtually brand new sectors like tourism, that remains condemnably underdeveloped. Meaning if we get it right then we can live better than Arabs even.

This is why I am angry it is our Vice President who penned a response to the antics of Kemi instead of Shetimma viewing her insult against us as a challenge for Nigerian leaders to be up and doing to gain our nation her place and respect in the comity of nations.

Is the UK even 5% as endowed as Nigeria in terms of potential human and material resources plus stupendous endowment of superb weather all year round and land with magnificent valleys, mountains, Waterfalls etc that are tourist-attracting creations of nature?

The likes of a Shetimma should get to work so in 10 to 20 years time it will be Britons of African and even Caucasian origin scrambling to move to Nigeria. It is possible if we start politics of progress and merit today. Instead insecurity has rendered the North a no go area yet Shetimma has time to lambast Kemi Badenoch.

It is the failings of our leaders that makes unexposed ignoramuses think life is paradise in the West. Below is Robert Kiyosaki, author of the iconic book " Rich dad, Poor dad", and worth over $100 million dollars, complaining about the burden on the younger generation when a normal egg sandwich from Waikiki, a chain restaurant like Tasty fried chicken of Nigeria, cost $14 which is around 25k Naira. Yet I bought same egg sandwich from Shoprite Jakande Lekki for around 700 Naira yesterday

The solution is to choose leaders wisely, instead of getting consumed with self hatred of ourselves, and Nigeria can be a paradise. With a revolution in key sectors of agriculture plus human and material resources development tten Nigeria can be a developed nation in 30 to 40 years time. Morgan Stanley already predict us to be the 6th biggest economy of the world by 20250 above the UK and most European nation because of our untapped wealth of human and material resources.

Their assumption is predicated on on us continuing to do the right things, reforming and moving in an upward trajectory. Leaders like Shetimma should simply get to work, to make our predicted success a reality, and stop joining issues with clout chasers.

https://finance.yahoo.com/news/price-hard-swallow-robert-kiyosaki-101100878.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGOltsKx4EvuoQ8LqTgh6UyWleEeXDk1KromeICvMtRBBv-vVm5QG37W8t8v3iKNLboC6G1Jautmc2dS6urLqA5kX1W6rW_zxhzhsxM-5qq8qPPZsUlWeDm61tAMFbb1BoAUoNXODRlt6z3rnsp9A8IZKIHSiJN5clBJuK9asCKn

Donaldoni:
What a senseless post!!!

I don't even know why Isreal accepted the ceasefire. Hezbollah was dying slowly. They would have run out of rockets.

I think Isreal doesn't really care about Lebanon. All their eyes are on Gaza. They want to reoccupy Gaza, maybe.

Lamasta:
You are just sounding pained asive Dangote is the source of your unhappiness.....
You better and do something positive for yourself like Dangote and stop the open hypocrisy and jealousy of yours

Thegamingorca:
He must succeed so that this nation will move forward from it's poor economic status. We must move from consumption to production. It's high time Nigerians join the fight and support Dangote. It's the only conceivable way foreign investors will come to Nigeria

gare:
The refineries in this countries do you know how much they buy their crude? I believe if the freighting fee is out and he gets his crude at the normal open prices then his by products will be cheap for us to buy

Edygrin:
When the CBN was selling dollar to Dangote at NGN200 per $1 and other businesses were forced to buy at NGN800, we didn't see Dangote complaining, when the previous government and some northern elite fought with BUA not to reduce cement price so that Dangote can keep selling at outrageous prices, Dangote didn't complain. Just a year after the same man he supported came to power and checked his monopoly he's all over the news and social media complaining.

When he paid the Lagos state government $100m for the refinery land, he didn't inform the public that he bought it for that price, they were even fighting with the land owners to pay a meager sum of $4m. Now they've fallen out he's now looking for sympathy.

Dangote is no different from these politicians.

gare:
He is not asking for free crude, he is asking for the same price sold in the international market, the IOC are asking for $5 extra, Nigerians should rally round him to ensure he gets the crude at the same price sold in the open market, because if he has to import and get crude which he is presently doing would increase the price of PMS and other products. He is not crying but Nigeria is only showing to the world that business can't be done well in Nigeria if we can't treat our own like this

leokid866:
Oga we enjoy the cheapest cement prices in West Africa.....the raw materials used in his other factories across Africa all come from Nigeria....Ghana that is just close by pays from 500 to 700 naira more for cement not to talk of others.....and of course Dangote is in it for himself.....if I put 20Billion $ on the table of course I'm going to want certain protections.....if it were you would you open your eyes down and watch any Tom dice and Harry be importing substandard goods to be competing with you?

Thegamingorca:
The monopoly he has on sugar and cement did it stop bua cement, ashaka cement from rising up


Dangote will definitely succeed continue wasting your saliva.

You and who owns oil? Better go and eat breakfast

leokid866:
Oga your thinking still makes no economic sense why are you selling your crude in the open market when you haven't secured local supply? It's like been a chicken farmer and asking your wife to bid for the chicken you will eat at home along side you other customers....and who told you Dangote is the only refinery we have in Nigeria? There are others of varying degrees from 45k bpd to 100k or more.....Dangote would only help increase supply.....and he can make other products the other refineries we have cant.....

leokid866:
you have no choice.....it makes no sense to deprive of him crude.....you will just be shooting yourself in the foot economically.....cause if you sell your crude outside you will still have to import it after it's refined.....it's 2024 bruv no one has time for that.....drop your hate I beg.....

kokoA:
Wetin your Papa been dey do when Dangote dey hustle?

gare:
Did he stop you from fixing your refineries? Government should go and ensure they complete the government refineries and stop being stupid

SmartPolician:
Dangote plans to start an IPO for the refinery so he can raise more funds, but I don't know the percentage he is willing to part with. I guess that's what you mean by Nigerians owning 50%. yes However, he shouldn't sell that refinery to the Nigerian government because NNPC will run it down like they always do.

Tinubu and co don't even understand what's at stake at this time. Dangote borrowed billions of dollars from several banks from CBN dollars through Emefiele to set up that refinery. Your money and my money were used to build that refinery. If that project fails, our economy is in trouble because banks will go down. If banks start running out of business, we are in trouble. So, that project must be protected at all costs. Nothing stops him from running his business completley independent of Nigerian governement. Indonesia has an economy dependent on its refinery, 100% crude is imported and diesel and PMS is exported.

To get that refinery enough products, Tinubu has to encourage local oil companies like Seplat that are willing to invest in E&P to do so. Support them to produce crude oil; he can help them to source loans from international lending institutions like the World Bank. That's the only way we can meet our OPEC quota, sell enough products to international buyers get USD and to refund AfreximBank loan and supply to Dangote and other modular refineries. If Dangote is the real business man that he claims, why cant he go to seplat and the other E&P companies to negotiate by himself. Why does Tinubu needs to get involved. Thats what everyone is saying he is using governement leverage to profit himself and pretending to be an independent business man.

Yes, the upstream industry is soo capital intensive that only foreign companies are running it in Nigeria and they are divesting now while others are leaving Nigeria because of their bad experiences in the Niger Delta region (insecurity and oil theft). No organisation can operate in a place where they feel insecure and their products are being stolen. Why they could not easily up and leave was that they are institutional investors, but they are doing that now. That's why we don't even meet our OPEC quota....very embarrassing. If they combine the black market crude and the official volume reported, we definitely exceed the OPEC quota. Thats why everyone wants full transparency in the crude oil exportation.

TBVH, Nigeria is in a big mess. When we tell people that leadership is hard and that you need to bring bright minds to run this country, they think we are joking.

Thegamingorca:
Sharap. If you think it's easy why can't you build your own refinery? Did anybody stop any other competitor from making their own refinery?

Kobojunkiee:
That is a lie! Dangote made the claim back in April. Since, then the price of diesel has risen, has it not? Diesel is sold at approximately Naira 1000- Naira 1200 today and much of it is supposedly subsidized by the government. So where is the crash?!

https://derollsynergy.com/diesel-prices-today/

Thegamingorca:
Dangote said he will crash prices of diesel, which is already happening.

For PMS he will sell at a competive rate to make gross profit. when he has cashed out it will get to a point that gradually when he sources crude from the motherland, he will even crash the prices further.

EcoNews:
Senseless take from a dull head.
Why can't you or your father take the initiative Dangote too to enjoy the reward he enjoys ?

You are too dull to even comprehend n would rather be OK hating on an innocent man.

EcoNews:
Obidient Ipob have started vilifying Dangote again, tomorrow if you remind them of this act they will say you are tribalistic.

Which country will have a refinery like Dangote n not provide it with all that is required to ensure it success ?!