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Newmaonza's Posts

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PoliticsRe: Pib To Compel Oil Majors ( Shell, Mobil, Etc) To Establish Refineries by newmaonza: 9:55am On Feb 11, 2012
Gideonyte:
If this goes through then it will be great!!!! The truth is no Nigerian company has the internal expertise and experience to build refineries, none has ever done it before so it will be great to allow these companies do it for us, however, Exxon and Co should assume the role of contractors and technical partners. They will build it, run it for some time whilst training our people. We need jobs in this country! You may not have an idea of the thousands of jobs oil from Nigeria creates in the US, these jobs are needed in the country!

Have you ever wondered how Nigeria is building one of the largest LNG plants in the worldhuh The contract signed by TSKJ consortium is such that they are paid not by CASH but by LNG! So basically these guys build what pays them! That's why NLNG has grown astronomically over the years!

Another case in point is the Afam Power plant (650MW) built by Shell and NNPC. Do u know that NNPC initially did not contribute their usual quota to that project but Shell did it anyway in record time for $2.5b.

I'm not saying we shouldn't encourage indigenous companies but pray tell which indigenous company can prove that it has all the expertise to build a refinery? It takes a lot o, to even find and get the oil from the ground is not easy at all. Many of the indigenous companies will still subcontract it out to foreign firms and of course you know it will open terrible avenues for corruption.
I support this abeg!
Bros Well said, The sooner we start telling our selves the truth the sooner things will change in this country, Letz our leaders just admitt dat we have failed as a country, You want to force business men to do business  IMPOSSIBLE!!!!![size=8pt][/size][b][/b][color=#990000][/color]. iF IT HAD BEEN PROFITTABLE TO BUILD REFINERIES IN NIGERIA, THEY WOULD HAVE DONE IT BEFORE OUR GOVERNMENT EVEN THINKS ABOUT IT
BusinessRe: Innoson To Begin Tyre Production In Nigeria by newmaonza: 9:30am On Feb 11, 2012
rhymz:
seriously, Aljaharam are you calling other people's distribution shops and malls Dangote's?? And even so, how is a distribution outlet similar to having a well defined office corner or factory to co-ordinate the sales of his product in the region? Forget abg everyone is getting wiser and people are begining to realize that the only safest place to have your investment in the Nigeria of today- where you are seen as a visitor in other parts of Nigeria instead of Nigerian-is home, your region where you can control and understand better the mindset of your own ppl. Besides, there is no need for him to even go up north, when you have places like lagos and portharcourt with better potentials for sales and distribution.
Another thing, I don't respect Dangote's business philosophy. He is more of a political business man than anything else.
I am in the manufacturing industry and can tell you that his philosophy is to some extent flawed. He is not the type to compete in a sector, he goes into a sector and sought to kill the biggesy players there through dishonest political manuevering and inciting the government to come up with stifling policies that that kills his competitor and put them out of business so he can take their place, monopolize the sector and fix prices at his whims and caprices. When competitors are very strong he resorts to sabotage, gangsterism, formation of cabal and even buying over experienced workers from competitors just to weaken their resolve. The reason why Dangote has become so wealthy is majorely because of his monopoly of many of the sectors, unfair advantages giving to just him as opposed to other Nigerian business men, his political connection, forming a gangstar bloc that fixes prices unfairly and dubious deals that award with defunct companies whose worth were grossly underpriced. Seriously, Mr Dangote is not your average hard working entreprenuer, he is a political business man and rely on politics to advance his conglomerate. Unlike Chukwuma who has not been giving thesame advantages but is making heads anyway and investing in where it realy matters in manufacturing. We need people to go into aspects of manufacturing that are heavy and capital intensive, not just the traditional manufacturing alone.
'"Please Dont Beef the Player'" Hate The GAME!!!!!, [color=#770077][/color], You Guyz now have a feel of what a real entrepreneur is like, The same thing that drives Dangote is the same thing that drive Steve jobs, Bill gates , et al, Letz pray innoson learns from Dangote
BusinessRe: Innoson To Begin Tyre Production In Nigeria by newmaonza: 10:47pm On Feb 10, 2012
A country like Nigeria dat does not have any acceptable Standard in place, This development really worries me, michelin and Dunlop practically ran out of Nigeria cause of hard condition, What type of tyres will Innoson be offering us, @ what standards would this be produced, What is the government doing to support dis initiative, This is Nigeria, we no longer call used items names like GBANJO, TOKUMBO, BEND DOWN SELECT, now we call used items O.K , and i suspect itz because of their durability, What really am i saying ''Letz give Innoson benefit of doubt '"
AutosI Want To Be An Auto Mechanic "where Do I Get Good Solid Training". by newmaonza(op): 10:57pm On Jul 12, 2011
Hello Naira landers, it's so annoying to surf the web and finding no auto-repair training centres in Lagos now that i want to shun IT for good , pls can some-one help me out with a good quality place to start with.
RomanceRe: To Love With A Reason Or Without A Reason? by newmaonza: 10:40pm On Jul 12, 2011
when u have a reason to "love" someone then in truth u r not in LOVE, Real Love is Loving some-one to the extent of over looking his or her faults, any other thing is selfishness

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