see as the NORTHERNERS dey use SOUTHERNERS, na dem be billionaires, na dem corner all the industries. na dem own the constitution.

CSTRR:
This dangote better satisfy the Nigerian market, first.

The supply should so much that the prices crashes in Nigeria.

Any artificial supply controls should be resisted by the govt.
It's our resources.

You can't use our crude to satisfy your thirst for foreign dollars at our expense.

He is not getting the crude for free
He paid for it

let the start operations abeg this expectation is too much

Quintopia:
.
.
By the way, this refinery actually positions Nigeria officially as the most industrialised black nation on Earth, with no competitor.

According to wiki:

''The Dangote Refinery is an oil refinery owned by Aliko Dangote that is under construction in Lekki, Nigeria. When completed, it is expected to have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in the world. The investment is over 25 billion US dollars.

High complexity

The Dangote Oil Refinery will have a Nelson complexity index of 10.5 which means that it will be more complex than most refineries in the United States (average 9.5) or Europe (average 6.5).

(The Nelson complexity index basically increases with the number and capacity of chemical procedures after the distillation, e.g. hydrocracking, NHT, CCR, RFCC, polymerization etc.)

At full production, the facility will process about 650,000 barrels of crude oil daily, transported via pipelines from oil fields in the Niger Delta, where natural gas will also be sourced to supply the fertilizer factory and be used in electrical generation for the refinery complex.

This corresponds with 50,000,000 litres (13,000,000 US gal) of Euro-V quality gasoline and 17,000,000 litres (4,500,000 US gal) of diesel daily, as well as aviation fuel and plastic products.

With a greater capacity than the total output of Nigeria's existing refining infrastructure, the Dangote Refinery will be able to meet the country's entire domestic fuel demand, as well as export refined oil and petroleum products.

https://en.wikipedia.org/wiki/Dangote_Refinery

The most industrialised Black Nation,with 5000MW of electricity?
Ogbeni,Nigeria is more than half the population of West Africa..
Being the most industrialised Black Nation,if true,is nothing to brag about..

dominique:
Once again other African countries will enjoy his products at cheaper prices while we'll have to pay through our noses for same. Can't wait!

I though I was the only one that see it so, Just as those PHCN, And their people, Are constantly bleeding us of our hard earned money, Without reasonable Lights,

That's how I fear for This too, Dangote other products, are costlier at home here, But Cheaper in other countries,

It's as if they are making us pay for the shortfalls of Those other countries,

Parachoko:
If is not for Asiwaju, there will be no Dangote Refinery in Lekki.

That's a lie

When Ghana is saying this what is Nigeria too saying. Nigeria soro soke

tamdun:

What do you mean by monopoly? Fed govt gave several people licence to build refinery so where did you see monopoly?

Thesame way fg gave other several ppl to produce sugar and cement abi..de wine yasef

Refinary neva reduce our own pump price na that of ghana it wants to reduce?
Ghana should wait in line abeg.

Quintopia:


lol

I'm sure Atiku and Obi would have something to say about that.

But whoever wins, it is clear that their job will be made a whole lot easier by the commencement of this giant industrial behemoth.

Exactly exactly that's why I really feel for APC they came in at a very bad time tho they have their own plenty bad side too

Buhari must ensure this project take off under his administration and be the one who commissioned or he should consider himself a big failure

Vote4Obi:


With Dangote refinery coming on stream and Obi in Aso rock, Nigeria would be on its way to truly becoming a great nation.

An old, sick and corrupt man like Tinubu should never be any country's president. Nigerians have already rejected him but we will continue fooling him that he stands any chance so he can bring out some of his loot.

Typical brainless ObiZombie

Quintopia:
.
.
By the way, this refinery actually positions Nigeria officially as the most industrialised black nation on Earth, with no competitor.

According to wiki:

''The Dangote Refinery is an oil refinery owned by Aliko Dangote that is under construction in Lekki, Nigeria. When completed, it is expected to have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in the world. The investment is over 25 billion US dollars.

High complexity

The Dangote Oil Refinery will have a Nelson complexity index of 10.5 which means that it will be more complex than most refineries in the United States (average 9.5) or Europe (average 6.5).

(The Nelson complexity index basically increases with the number and capacity of chemical procedures after the distillation, e.g. hydrocracking, NHT, CCR, RFCC, polymerization etc.)

At full production, the facility will process about 650,000 barrels of crude oil daily, transported via pipelines from oil fields in the Niger Delta, where natural gas will also be sourced to supply the fertilizer factory and be used in electrical generation for the refinery complex.

This corresponds with 50,000,000 litres (13,000,000 US gal) of Euro-V quality gasoline and 17,000,000 litres (4,500,000 US gal) of diesel daily, as well as aviation fuel and plastic products.

With a greater capacity than the total output of Nigeria's existing refining infrastructure, the Dangote Refinery will be able to meet the country's entire domestic fuel demand, as well as export refined oil and petroleum products.

https://en.wikipedia.org/wiki/Dangote_Refinery

But before now Nigeria had four Refineries that were running, why did we not attain the status of the most industrialized black Nation?

Quintopia:
.
.
By the way, this refinery actually positions Nigeria officially as the most industrialised black nation on Earth, with no competitor.

According to wiki:

''The Dangote Refinery is an oil refinery owned by Aliko Dangote that is under construction in Lekki, Nigeria. When completed, it is expected to have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in the world. The investment is over 25 billion US dollars.

High complexity

The Dangote Oil Refinery will have a Nelson complexity index of 10.5 which means that it will be more complex than most refineries in the United States (average 9.5) or Europe (average 6.5).

(The Nelson complexity index basically increases with the number and capacity of chemical procedures after the distillation, e.g. hydrocracking, NHT, CCR, RFCC, polymerization etc.)

At full production, the facility will process about 650,000 barrels of crude oil daily, transported via pipelines from oil fields in the Niger Delta, where natural gas will also be sourced to supply the fertilizer factory and be used in electrical generation for the refinery complex.

This corresponds with 50,000,000 litres (13,000,000 US gal) of Euro-V quality gasoline and 17,000,000 litres (4,500,000 US gal) of diesel daily, as well as aviation fuel and plastic products.

With a greater capacity than the total output of Nigeria's existing refining infrastructure, the Dangote Refinery will be able to meet the country's entire domestic fuel demand, as well as export refined oil and petroleum products.

https://en.wikipedia.org/wiki/Dangote_Refinery

Plenty talk, minimal action.We don hear refinery matter tire till now...not complete.Mind u Elon musk purchased twitter for $44B.As far as am concerned, Dangote refinery might not come in till 5 yrs time, mind u its already 2yrs below schedule

Moh247:



Africas Largest Refinery


game changer for the next administration of His Excellency Incomming President Bola Ahmed Tinubu

.

U never surprised that Nigeria is importing oil from Ghana that just discovered oil in their land not long ago ahhhhhhhh. Heartless politicians don finish ooooooo!!!!!!!

Oddfinder001:
Its time Nigerians stopped expecting much from the dangote refinery. Dangote is a crooked bussiness man who thrives only on monopoly. No amount of profit is enough for a bussiness man like him and hence the tendency that noting serious will happen when the refinery start operation..this is evident from the way he handles the sugar and cement industry. He owns a cement plant in kogi but cement is more expensive in kogi than in kano where it's being exported to.

Emeka, focus on the insecurity in the EAST. Leave our Dangote alone.

Moh247:



Africas Largest Refinery


game changer for the next administration of His Excellency Incomming President Bola Ahmed Tinubu

.

Stop the joke!

Where do you place Atiku and Obi?

Mtchweeeeee!

Backpedal:

He is not getting the crude for free
He paid for it

At below market Price.

And I am not even talking about all the cheap dollars he got from the CBN to build his refinery.

The Nigerian govt helped him massively with tax payers money and import waivers.

That refinery belongs to Nigeria in Truth.

Vote4Obi:


With Dangote refinery coming on stream and Obi in Aso rock, Nigeria would be on its way to truly becoming a great nation.

An old, sick and corrupt man like Tinubu should never be any country's president. Nigerians have already rejected him but we will continue fooling him that he stands any chance so he can bring out some of his loot.

But you forgot that it is Tinubu’s vision of LFTZ in 2006 that is now the host community of Dangote Refinery and Lekki Deep port. Without that vision, maybe Dangote would hv taken his refinery elsewhere. Hate him or love him, Tinubu is a visionary. No present presidential candidate comes close to his ingenuity. Even The Eko Atlantic Thant now houses the biggest US embassy is also the brain child of Tinubu in 2003.

Thank you ooh, naa why I dey laugh people wey dey rejoice, this man is not coming to solve any problem, by the time his monopoly on petroleum starts Nigerians will cry. Pure capitalism at work

DeGLORIOUS:
I don't have any hope of things getting better for the country even with the completion of the refinery. The price may not be even different from what we are facing. The price of his cement is a prove of that. Until we receive sense to see ourselves as one, we will continue to grob amidst abundance.

cyrilamx:
But you forgot that it is Tinubu’s vision of LFTZ in 2006 that is now the host community of Dangote Refinery and Lekki Deep port. Without that vision, maybe Dangote would hv taken his refinery elsewhere. Hate him or love him, Tinubu is a visionary. No present presidential candidate comes close to his ingenuity. Even The Eko Atlantic Thant now houses the biggest US embassy is also the brain child of Tinubu in 2003.

Make una rest abeg. Tinubu is past his prime. The Tinubu of 2003 is different from tinubu of 2022..

CSTRR:

At below market Price.

And I am not even talking about all the cheap dollars he got from the CBN to build his refinery.

The Nigerian govt helped him massively with tax payers money and import waivers.

That refinery belongs to Nigeria in Truth.

Yes o.. there's already an agreement btwn the fg and dangote as regard ur 1st statement. Dangote will get crude below market price.

lansile:
Buhari must ensure this project take off under his administration and be the one who commissioned or he should consider himself a big failure

He's already a big failure. Thesame buhari that promised 1 refinery every year!

Oddfinder001:

U be fool.. if having a sound mind makes me an Emeka den i gladly accept the name..ode

Emeka why the thing dey pain you?

Since over 70% of all our import is on oil and gas and now that dangote is coming up, what happens to our naira?
I.e ,70% less dollar will be spent and 70% more naira will be spent but this time in Nigeria through export. We now v more money brought into the country in naira.
I.e, naira will start appreciating against other stronger currencies like $€£,
Other 30% import will be just minimal .
Pressure on naira will be less and naira will become more robust.

So, in all pls analyst where do u see our exchange rate to USD?

I'm postulating 107 naira to 1USD...

CSTRR:

At below market Price.

And I am not even talking about all the cheap dollars he got from the CBN to build his refinery.

The Nigerian govt helped him massively with tax payers money and import waivers.

That refinery belongs to Nigeria in Truth.

Refinery belongs to Nigeria?
It's like saying Tesla belongs to the USA
Cos of the waivers

The unpatriotic Nigeria that love to rate Ghana over Nigeria, food don done o..
Foolish Nigerians that say Ghana is better because cedis is stronger than Naira but don't know cedis is also stronger than the Japanese yen and South Korean Won.

Exchange rate doesn't make a country bigger or small than the other.

dominique:
Once again other African countries will enjoy his products at cheaper prices while we'll have to pay through our noses for same. Can't wait!

Currently, fuel is cheaper in Nigeria than Ghana.
With Dangote's refinery here, fuel cannot be more expensive in Nigeria there than Ghana that will import from us

Backpedal:

That's a lie

Ignorant is a diseaee

Dangote had no plan of building the refinery in Lekki, go and verify and cure your ignorance.

If Delta State had politicians with vision like Asiwaju, this refinery would have been located in Ondo State.

Ondo State also lose the opportunity of having this gigantic project in the state.

So they are not even building it for Nigerians!! They re building for Ghana, and we get to foot their bills? This is crazy, no wonder we have fuel scarcity , most of these petroleum products are going to other African countries, and we re left to pick up the bills in high cost of fuel diesel and kerosene. ,

Backpedal:

He is not getting the crude for free
He paid for it

Stop talking rubbish , were you there when he signed the deal?, Stick your fat nose in your indomie if you dont have anything useful to say.

We are being exploited as a nation and you re talking thrash.