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Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsKwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' (24071 Views)

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Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Nobody:
femicyrus:
Dangote refinery is not coming to make petrol sell for less than N165 .
His cement in Nigeria is the most expensive in Africa.
Nothing to be excited about for Nigerians. Ghana is just fearful over nothing
In how many Countries of the world do you think petrol sells for N165.00 per litre or less?

That's the whole point of fuel subsidy. Landing cost of refined derivatives of crude (i.e petrol) to Nigeria, from foreign refineries, is significantly more than N165.00 per litres.

Government subsidises the landed cost to make PMS affordable to Nigerians as a benefit of us being a major exporter of crude.

Dangote refinery will change that. Not only will we now have enough PMS for domestic use but we will have excess to export to gain appreciable income and forex for the FG.

You are wasting your own time fixating on cheap petrol.

What we have is artificial and cannot be sustained same as the UK could not sustain giving students free tuition grants to study at University and now issues loans for student to attend Uni thereby making University education one that the UK Student has to fund 100% as opposed to what obtained before.

Vital changes will sometimes have to be sudden...... especially when regressive and problematic situations have been allowed to go on for too long unaddressed.

There is a lot to be "excited" about. Just dont have the time to explain comprehensively. Bottom line is that Dangote refinery will not struggle for customers domestically, continentally and internationally for the PMS that will be produced.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Truvelisback(m): 5:48am On Jan 28, 2022
Of what positivee effect is Dangote's Refinery to Nigeria's poor and battered economy? Someone who is making his money for himself and for his unborn generations to come. The Ghanian government is seeing it as a threat without knowing that Nigeria have bagged Phd(Poverty in the highest degree).
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Nobody: 5:48am On Jan 28, 2022
Starlight252:
Leave nepotism and corruption out now...

The whole world knows Nigeria is the giant of Africa...Our growth reflects the growth of the African Continent.
They view us as a threat that's why we became riddled with myriads of problems to stall our growth...

The youth who should be the leaders of tommorrow have been tucked into a life of unproductivity...

To the remaining sensible ones reading this, make sure your everyday steps contributes to the development of humanity.
It doesn't matter if the absolute majority are doing it wrong and getting away with it, take your steps to make a positive difference to your environment -immediate or general.


My2kobos
Wow!! Word!!! Exactly what I try to do everyday. Advice that can make Nigeria great but advice largely ignored by most Nigerians to the continous detriment of our nation .
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Reflect7(op): 5:51am On Jan 28, 2022
Truvelisback:
Of what possible effect is Dangote's Refinery to Nigeria's poor and battered economy? Someone who is making his money for himself and for his unborn generations to come. The Ghanian government is seeing it as a threat with knowing that Nigeria have bagged Phd(Poverty in the highest degree).
Get rid of your government dependency syndrome.

Nigeria is a capitalist economy.

In capitalist economies, the private sector reigns supreme.

Every day you people talk about wanting to be like the US.

But anything worth anything in the US is private sector owned and operated.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by AFONJAPIG(m): 5:53am On Jan 28, 2022
Oil we will still buy more than what we are buying today... keep fooling unah selves
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by ICEWIN: 6:01am On Jan 28, 2022
Acidosis:
Same here but do we actually deserve that man, given the level of criticism and insults he gets daily for investing his money in Africa rather than buying up estates in Dubai and the U.S. like his mates do?

Dangote is certainly one of the world's biggest industrialists. I would even love to see him launch a University of industrial education. In the age where everyone believes that money cannot be made outside of Tech, his consistency year after year has validated the need for more of his kind.

People like Dangote understood the fact that we can't match global forces when it comes to, for example, space exploration and high-tech. Why run to space to compete with people who have been there for decades when we can simply leverage our resources (oil, limestone, agriculture) and achieve a good comparative advantage? That's the mindset and I wish he would explore other abandoned sectors like steel
bro are u referring to dangote as an individual or group company namehuh?
dangote (single person) networth is less than $20b. not the company.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by CSTRR: 6:01am On Jan 28, 2022
dasparrow:
The Ghanaian Petroleum Minister's concerns are valid I guess but it is what it is.
Valid for who?
It has no relevance to Nigerians.

We are not sharing in their wealth.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by CSTRR: 6:05am On Jan 28, 2022
Dapinski:
Dangote is a force for good overall. I like how he has stayed away from involvement in partisan politics for decades and from one government to another.

Ghana has to be innovative and creative to retain/protect their share of the market. The issues raised is not the concern of Nigeria at all.
They have not even started to build whatever they want to build.

It's just bad belle as usual.

I don't know why we are entertaining their concern on Nigerian Television.

How does it concern us?

Is Ghana going to employ Nigerians in their oil industry?
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Nobody: 6:05am On Jan 28, 2022
Reflect7:
Get rid of your government dependency syndrome.

Nigeria is a capitalist economy.

In capitalist economies, the private sector reigns supreme.

Every day you people talk about wanting to be like the US.

But anything worth anything in the US is private sector owned and operated.
100% correct. Not many nations can claim to be more socialist leaning than the UK. Yet the UK is having to change the way it has done things for many decades in some cases.

University education there is no longer free as was the case in the past. Reforms ongoing in the NHS to make it more profitable and thus more efficient.

Even the 'cornerstone' benefit system has seen tweaks over the past decade, and still ongoing, to cut down on government paying for a 'welfare State' and benefit addiction. Britain is now keen to make Britons less socialist and more capitalist in orientation.

It is the inevitable and only way nations must move in a world where resources are becoming more scarce and depleting quicker than the world can replace them. Governments will fail woefully trying to do it all.

Making people more accountable for their own sustenance is the main way to drive creativity and innovations that willl continue to ensure humanity continues to survives as optimally as possible.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by CSTRR: 6:08am On Jan 28, 2022
BTW, this is the same Ghana that for years have carried out policies to attract businesses away from Nigeria.

They would steal Nigeria's lunch if they can.

How dangote refinery affects them should be none of our concern.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by winterfell007(m): 6:11am On Jan 28, 2022
This overhyped refinery, a major polllutant is what Nigerians are feeling fly with undecided undecided. Such a pity.we should be priding ourselves in developing homegrown technologies that helps create cleaner and a more sustainable energy, in this period of energy transition but we are here rubbing shoulders with Ghana on who will be west-Africa heaviest pollutant
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Nobody: 6:12am On Jan 28, 2022
CSTRR:
They have not even started to build whatever they want to build.

It's just bad belle as usual.

I don't know why we are entertaining their concern on Nigerian Television.

How does it concern us?

Is Ghana going to employ Nigerians in their oil industry?
Abi OOO. Dangote refinery is even linked to the improvement of one of our most devasting perennial problem directly responsible for our stunted development i.e epileptic power. Something Ghanaians take pleasure mocking us over.


Should we therefore be anything but ruthless, given what is at stake, in the drive to make Dangote's Lekki refinery a resounding success? Ghanaians sef.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by ufotunang: 6:15am On Jan 28, 2022
Let the refinery start to work na...we are tired of hearing of dangote refinery everyday
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by NGpatriot: 6:16am On Jan 28, 2022
Dapinski:
In how many Countries of the world do you think petrol sells for N165.00 per litre or less?

That's the whole point of fuel subsidy. Landing cost of refined derivatives of crude (i.e petrol) to Nigeria, from foreign refineries, is significantly more than N165.00 per litres.

Government subsidises the landed cost to make PMS affordable to Nigerians as a benefit of us being a major exporter of crude.

Dangote refinery will change that. Not only will we now have enough PMS for domestic use but we will have excess to export to gain appreciable income and forex for the FG.

You are wasting your own time fixating on cheap petrol.

What we have is artificial and cannot be sustained same as the UK could not sustain giving students free tuition grants to study ay University and now issues loans for student to attend Uni today thereby making University education one that the UK Student has to fund 100% as opposed to what obtained before.

Vital changes will sometimes have to be sudden...... especially when regressive and problematic situations have been allowed to go on for too long unaddressed.

There is a lot to be "excited" about. Just dont have the time to explain comprehensively. Bottom line is that Dangote refinery will not struggle for customers domestically, continentally and internationally for the PMS that will be produced.
Hundreds of thousands of jobs and hundreds of thousands of Nigerians putting food on the table and massive IGR...

Over 40 thousand Nigerians are already on the ground.

People like the person you quoted are used to failure instead of success, and what is good for Nigeria is bad for them and what is bad for them is good for Nigeria..
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Nobody: 6:18am On Jan 28, 2022
winterfell007:
This overhyped refinery, a major polllutant is what Nigerians are feeling fly with undecided undecided. Such a pity.we should be priding ourselves in developing homegrown technologies that helps create cleaner and a more sustainable energy, in this period of energy transition but we are here rubbing shoulders with Ghana on who will be west-Africa heaviest pollutant
Is something wrong with you? Did we rub shoulder with anyone or is it that it is others complaining like babies while we stay in our lana, in our land, and chase solutions to our socio-economic problems?

When America was innovatively developing the Shale revolution, did they give a toss about the effect on the economy of others?

Some of you are such worthless self-haters you would even insult your own nation when she has done nothing wrong.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by lumidee2580(m): 6:23am On Jan 28, 2022
Reflect7:
What a load of rubbish. You have no idea what's going in that place. You have no idea what the price of fuel will be. And this is about more than the price of fuel.

Are you even aware there's a 2.5 billion dollar fertilizer plant there?

Do you know what it means for Nigeria in terms of savings, to stop importing refined petrol, become self-sufficient in petroleum products, and to turn net exporter of same?

Do you know the impact of that on ancillary local businesses and industries here?

Do you know the Dangote plant employs 40,000 Nigerians, from engineers to IT and security staff?

I just don't know how some of you guys reason.
And they put the Nigerians with more qualification under slavery to secondary school expatriate
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by tsdarkside(m): 6:23am On Jan 28, 2022
maintain regional competitiveness....

are this ghanaians serious atall....??
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Okhuadams(m): 6:27am On Jan 28, 2022
Reflect7:
The government and people of Ghana are freaking out over the gigantic, world-class, game-changing Dangote Refinery roaring into life this year, and set to position Nigeria as the Number 1 industrial powerhouse of West Africa, and the foremost producer and exporter of refined crude oil, and the Number 1 manufacturer of petroleum products in Africa, set to supply the entire continent and beyond.

The Ghanaian minister from that country's Petroleum Commission, says his country is very jittery about how Nigeria will halt the growth of the fledgling Ghana oil industry, monopolising the entire African market, with the gigantic 15 billion dollar facility - the largest single train oil refinery in the world.

He called for special arrangements to be made to prevent the crowding out of smaller oil industries across the West African sub-region, to maintain regional competitiveness in industrial development.

The Dangote complex in Lagos also includes the largest fertilizer plant in Africa, as well as the largest urea manufacturing facility on Earth, further compounding the Ghanaian minister's problems.

See video for full interview.


https://www.youtube.com/watch?v=GnQv2d_iuGc&ab_channel=AriseNews
foolish talk
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Nobody: 6:30am On Jan 28, 2022
AFONJAPIG:
Oil we will still buy more than what we are buying today... keep fooling unah selves
The price you are paying today is unsustainable. Get that into your ignorant head.

It should be where your education begins. Go and educate yourself. Your ignorance is bad and worrying for Nigeria considering most "educated" Nigerians are like you.

People, like you, who think the government must feed you, provide homes for you, find you jobs and wipe your azzes are the problem.

You don't know how much of a kid, in terms of knowledge, you are thinking Nigeria can keep prices of crude at today's level for much longer.

What is most annoying is that you will rush to insult others ignorantly instead of defering to humility and trying to get more knowledge so as to be informed and productive critics of government.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Okhuadams(m): 6:31am On Jan 28, 2022
Calling for cooperation, why didn't ur country say this b4 now you were enjoying everything. I just hope rthat the ioil marketers don't sabotage this project they are the real treat
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Nobody: 6:39am On Jan 28, 2022
lumidee2580:
And they put the Nigerians with more qualification under slavery to secondary school expatriate
Are you serious? Would hate to be around a needlessly negative person like you in real life.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by NGpatriot: 6:41am On Jan 28, 2022
tsdarkside:
maintain regional competitiveness....

are this ghanaians serious atall....??
They are never serious, they are always delusional with their flawed and absurd sense of entitlement.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by jaxxy(m): 6:44am On Jan 28, 2022
I’m yet to see the benefits of dangote refinery to Nigerians talkless of threat to Ghanaians. Nigerian businessmen and systems seems to work against the people than for the people because if greed and selfishness.

Which is a shame.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Kulikulitapa: 6:47am On Jan 28, 2022
May God bless your entire generation in Jesus mighty name � for this wonderful post.
Starlight252:
Leave nepotism and corruption out now...

The whole world knows Nigeria is the giant of Africa...Our growth reflects the growth of the African Continent.
They view us as a threat that's why we became riddled with myriads of problems to stall our growth...

The youth who should be the leaders of tommorrow have been tucked into a life of unproductivity...

To the remaining sensible ones reading this, make sure your everyday steps contributes to the development of humanity.
It doesn't matter if the absolute majority are doing it wrong and getting away with it, take your steps to make a positive difference to your environment -immediate or general.

My2kobos
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by tolue42(m): 6:50am On Jan 28, 2022
Reflect7:
What a load of rubbish. You have no idea what's going in that place. You have no idea what the price of fuel will be. And this is about more than the price of fuel.

Are you even aware there's a 2.5 billion dollar fertilizer plant there?

Do you know what it means for Nigeria in terms of savings, to stop importing refined petrol, become self-sufficient in petroleum products, and to turn net exporter of same?

Do you know the impact of that on ancillary local businesses and industries here?

Do you know the Dangote plant employs 40,000 Nigerians, from engineers to IT and security staff?

I just don't know how some of you guys reason.
More than 6 months Dangote has been exporting fertilizer to Brazil from that site....that's where I resides
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Acidosis(m): 6:54am On Jan 28, 2022
ICEWIN:
bro are u referring to dangote as an individual or group company namehuh?
dangote (single person) networth is less than $20b. not the company.
Dangote as an individual is an industrialist and the founder of the group. His vision drives the company.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by jaxxy(m): 6:57am On Jan 28, 2022
Reflect7:
What a load of rubbish. You have no idea what's going in that place. You have no idea what the price of fuel will be. And this is about more than the price of fuel.

Are you even aware there's a 2.5 billion dollar fertilizer plant there?

Do you know what it means for Nigeria in terms of savings, to stop importing refined petrol, become self-sufficient in petroleum products, and to turn net exporter of same?

Do you know the impact of that on ancillary local businesses and industries here?

Do you know the Dangote plant employs 40,000 Nigerians, from engineers to IT and security staff?

I just don't know how some of you guys reason.
U are just hyping which is fine bt we are yet to see real benefits to the economy as it stands. Dangote is already saying his refinery isn’t for Nigeria alone or Nigerias oil and we may still have subsidy issues only this time it will go totally into dangotes pockets. Everything is still uncertain.

Yes he’s creating 40,000 jobs allegedly bt the refinery has to reflect in our pump prices or else it’s like robbing Peter to pay paul.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by Ickes: 6:59am On Jan 28, 2022
jeffizy:
Sorry fellow African.

But it is a known fact that business can be shrewd at times and the shark feeds on the tilapia.

Although the concern raised is so valid.


Modified: The refinery will also have a fertilizer production plant.. Their fire control system got to be top notch o. No chances at all.
There are different plants to run independently, even though located with the same area.
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by membranus: 7:05am On Jan 28, 2022
Dangote don full ground yakata, everyone dey bow and shout "hail to the king".
Re: Kwaku Boateng: Dangote Refinery ''A Threat To Ghana's Oil Industry'' by chickenfoot: 7:06am On Jan 28, 2022
I don't even get what this man is saying, so make Nigeria no develop because of ghanahuh
1 2 3 4 5 Reply

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