Let's clear these misconceptions about Dangote Refinery and why we're celebrating him

1 - Dangote had tried to venture into the oil and gas industry since 2007, he proposed among other interests to buy the moribund Nigeria Refineries, the PDP and it's abracadabra politics frustrated every interested buyers and bidders until Yar'Adua came and cancelled the while process because it was filled with secrecy and frauds, even if they had bought then, it would have ended up like the Discos with epileptic service till date.

Then in 2013, he applied for a licence to build his own Refinery from the scratch, the value then was $9bn and he had secured over $3.3bn finance from within and expected to secure another $3bn from outside the country, with Dangote group providing the shortfall of $3bn dollars

This did not take off until late 2017 when the current govt showed enough will and readiness to support private Refinery, against all effort by oil marketers who felt threatened by the project

2 - Over 20 bidders applied for licence under former President Olusegun Obasanjo, but not a a not single one was allowed to see the light of day, you know why? Sabotage

3 - currently, there are about 3 Modular Refineries working in Nigeria with a combined capacity of 20,000 barrels per day, but like we all know, modular Refineries only refines one line of fuel, either PMS or diesel, unlike remain refineries that refines all

4 Our daily National demand is put at a little over 400,000 barrels per day so, the modular Refineries will not scratch anything

5 Bua is also building a 100,000 barrel capacity which is projected to commence refining by 2023

6 - Portharcourt Refinery is to be refurbished to its original installed capacity of 220,000 barrels per day

7 - Govt will take a decision on other 3 refineries with combine capacity of about 200,000 barrels per day

8 - Dangote Refinery will not sell petrol to Nigeria bellow the global market price

9 - Emergence of Dangote Refinery will reduce the inherent pressure on Naira value, thereby most likely reduce exchange rate.

10 - Exchange rate will affect crude price to Dangote, thereby reducing the landing cost of the PMS at depots

11 - There are so many associated cost in PMS import that will be eliminated when we buy from Dangote Refinery, so many costs in dollars will be eliminated, these also will affect the price

12 - Over the years, there will be competition, it happened in the telecoms sector, MTN ridiculed us until the game changer (Glo) entered the market

13 - Because we have crude, most investors who were either to sceptical will also approach Nigeria for licence and there will not only be competition, but there will be prosperity and employment opportunities in the oil business value chain

14 - Now listen to this, the oil and gas value chain is so large that the potential employment opportunities from the 3 main Refineries currently in the pipe line will not be less than 5million direct and indirect labour, don't ask me how, just ask yourself, how has the telecoms employed over 10m direct and indirect labour across the cities of Nigeria

15 - Govt revenue will increase by not less than 45% quote me on this, that's the potential of oil and Gas sector

16 - Dangote Refinery will change the face of business and investment in Nigeria, it will will turn our economy Sugar that ants will begin to infest in droves

17 - Stop castigating Dangote, he currently have investment in 17 African countries, if you drive him out of Nigeria, which I know can never happen, there are over 100 countries in Europe, America and Africa and Asia ready to absorb him whole heartedly

18 - Only Buhari can see such potential and plug the Nation into it

19 - Yes having said all the turenchi above, price of PMS will ultimately reduce with Dangote Refinery

20 - Dangote Refinery needs Nigeria as much as Nigerians need Dangote Refinery

all this is storyline

Its about time that Nigeria had working refineries in all the oil producing states. At least the Federal govt should be running about 9 refineries in this country. Its really about time. Companies like Dangote group and BUA are trying no doubt...but our petroleum funds in the Natl coffers need to be pu to good use immediately for a brighter future!

Tell them pls.

It’s so heartbreaking that for decades we’ve refined our crude oil overseas, and these are some of the derivatives from crude oil beside petrol, kerosene and diesel:

1. Asphalt
2. Jet fuel
3. Liquified petroleum
4. Tires
5. Ink
6. Wax
6. Upholstry
7. Petroleum Jelly
8. Pens
9. Plastic
10. Benzoaite
11. Food preservatives
12. Nail polish
13. Cortisol
14. Football
15. Curtains
16. Floor wax
17. Polish
18. Percolators
19. Some type of medicine
20. Fertilizers
21. Finishers
22. Umbrellas
23. Paint rollers
24. Aspirin
25. CD/DVD/Helmet and other hard plastic items
26. Hand lotion
27. Shampoos
28. Sanitizers
29. Soap chemical
30. Water pipes and other types of PVCs
31. Boots
32. Insecticides
32. Pesticides
33. Roofing materials (gerrard)
34. Paint
35. Air conditioning gas

And over 1,000 other derivatives
As you can see, all our leaders are cursed and their entire generation. I mean, how can you deny you people of this live saving benefits because you want to steal? I mean, ddddaaaaamnnnnn them and may God bless Dangote and Tinubu for seeing this vision and providing him the land for the project

NASTYNASOSO:
Let's clear these misconceptions about Dangote Refinery and why we're celebrating him

1 - Dangote had tried to venture into the oil and gas industry since 2007, he proposed among other interests to buy the moribund Nigeria Refineries, the PDP and it's abracadabra politics frustrated every interested buyers and bidders until Yar'Adua came and cancelled the while process because it was filled with secrecy and frauds, even if they had bought then, it would have ended up like the Discos with epileptic service till date.

Then in 2013, he applied for a licence to build his own Refinery from the scratch, the value then was $9bn and he had secured over $3.3bn finance from within and expected to secure another $3bn from outside the country, with Dangote group providing the shortfall of $3bn dollars

This did not take off until late 2017 when the current govt showed enough will and readiness to support private Refinery, against all effort by oil marketers who felt threatened by the project

2 - Over 20 bidders applied for licence under former President Olusegun Obasanjo, but not a a not single one was allowed to see the light of day, you know why? Sabotage

3 - currently, there are about 3 Modular Refineries working in Nigeria with a combined capacity of 20,000 barrels per day, but like we all know, modular Refineries only refines one line of fuel, either PMS or diesel, unlike remain refineries that refines all

4 Our daily National demand is put at a little over 400,000 barrels per day so, the modular Refineries will not scratch anything

5 Bua is also building a 100,000 barrel capacity which is projected to commence refining by 2023

6 - Portharcourt Refinery is to be refurbished to its original installed capacity of 220,000 barrels per day

7 - Govt will take a decision on other 3 refineries with combine capacity of about 200,000 barrels per day

8 - Dangote Refinery will not sell petrol to Nigeria bellow the global market price

9 - Emergence of Dangote Refinery will reduce the inherent pressure on Naira value, thereby most likely reduce exchange rate.

10 - Exchange rate will affect crude price to Dangote, thereby reducing the landing cost of the PMS at depots

11 - There are so many associated cost in PMS import that will be eliminated when we buy from Dangote Refinery, so many costs in dollars will be eliminated, these also will affect the price

12 - Over the years, there will be competition, it happened in the telecoms sector, MTN ridiculed us until the game changer (Glo) entered the market

13 - Because we have crude, most investors who were either to sceptical will also approach Nigeria for licence and there will not only be competition, but there will be prosperity and employment opportunities in the oil business value chain

14 - Now listen to this, the oil and gas value chain is so large that the potential employment opportunities from the 3 main Refineries currently in the pipe line will not be less than 5million direct and indirect labour, don't ask me how, just ask yourself, how has the telecoms employed over 10m direct and indirect labour across the cities of Nigeria

15 - Govt revenue will increase by not less than 45% quote me on this, that's the potential of oil and Gas sector

16 - Dangote Refinery will change the face of business and investment in Nigeria, it will will turn our economy Sugar that ants will begin to infest in droves

17 - Stop castigating Dangote, he currently have investment in 17 African countries, if you drive him out of Nigeria, which I know can never happen, there are over 100 countries in Europe, America and Africa and Asia ready to absorb him whole heartedly

18 - Only Buhari can see such potential and plug the Nation into it

19 - Yes having said all the turenchi above, price of PMS will ultimately reduce with Dangote Refinery

20 - Dangote Refinery needs Nigeria as much as Nigerians need Dangote Refinery

so why dangote with a huge key cement factories all over nigeria.the cost of. cement didn't fall

Dangote doing things..

As in

Asgard13:
Dangote doing things..

NASTYNASOSO:
Let's clear these misconceptions about Dangote Refinery and why we're celebrating him

1 - Dangote had tried to venture into the oil and gas industry since 2007, he proposed among other interests to buy the moribund Nigeria Refineries, the PDP and it's abracadabra politics frustrated every interested buyers and bidders until Yar'Adua came and cancelled the while process because it was filled with secrecy and frauds, even if they had bought then, it would have ended up like the Discos with epileptic service till date.

Then in 2013, he applied for a licence to build his own Refinery from the scratch, the value then was $9bn and he had secured over $3.3bn finance from within and expected to secure another $3bn from outside the country, with Dangote group providing the shortfall of $3bn dollars

This did not take off until late 2017 when the current govt showed enough will and readiness to support private Refinery, against all effort by oil marketers who felt threatened by the project

2 - Over 20 bidders applied for licence under former President Olusegun Obasanjo, but not a a not single one was allowed to see the light of day, you know why? Sabotage

3 - currently, there are about 3 Modular Refineries working in Nigeria with a combined capacity of 20,000 barrels per day, but like we all know, modular Refineries only refines one line of fuel, either PMS or diesel, unlike remain refineries that refines all

4 Our daily National demand is put at a little over 400,000 barrels per day so, the modular Refineries will not scratch anything

5 Bua is also building a 100,000 barrel capacity which is projected to commence refining by 2023

6 - Portharcourt Refinery is to be refurbished to its original installed capacity of 220,000 barrels per day

7 - Govt will take a decision on other 3 refineries with combine capacity of about 200,000 barrels per day

8 - Dangote Refinery will not sell petrol to Nigeria bellow the global market price

9 - Emergence of Dangote Refinery will reduce the inherent pressure on Naira value, thereby most likely reduce exchange rate.

10 - Exchange rate will affect crude price to Dangote, thereby reducing the landing cost of the PMS at depots

11 - There are so many associated cost in PMS import that will be eliminated when we buy from Dangote Refinery, so many costs in dollars will be eliminated, these also will affect the price

12 - Over the years, there will be competition, it happened in the telecoms sector, MTN ridiculed us until the game changer (Glo) entered the market

13 - Because we have crude, most investors who were either to sceptical will also approach Nigeria for licence and there will not only be competition, but there will be prosperity and employment opportunities in the oil business value chain

14 - Now listen to this, the oil and gas value chain is so large that the potential employment opportunities from the 3 main Refineries currently in the pipe line will not be less than 5million direct and indirect labour, don't ask me how, just ask yourself, how has the telecoms employed over 10m direct and indirect labour across the cities of Nigeria

15 - Govt revenue will increase by not less than 45% quote me on this, that's the potential of oil and Gas sector

16 - Dangote Refinery will change the face of business and investment in Nigeria, it will will turn our economy Sugar that ants will begin to infest in droves

17 - Stop castigating Dangote, he currently have investment in 17 African countries, if you drive him out of Nigeria, which I know can never happen, there are over 100 countries in Europe, America and Africa and Asia ready to absorb him whole heartedly

18 - Only Buhari can see such potential and plug the Nation into it

19 - Yes having said all the turenchi above, price of PMS will ultimately reduce with Dangote Refinery

20 - Dangote Refinery needs Nigeria as much as Nigerians need Dangote Refinery

good aftanuun sir why is cement that is produced in objana sold 4500 in Enugu or did he produced the cement is Argentina?