dexmond:
The south is very naive for relying on Dangoye to supply them fuel. Since it's a private business, he can close not sell to the SE or Middle Belt.

DMerciful:
Subsidy will not be removed in the next 2yrs. With a possible sack of Tinubu by the tribunal, he dare not contemplate subsidy removal

erniok:

The agreement was signed with the Nigerian govt. Not with the southern govt.

proeast:
Hmnn. So, Nigerian government has been funding and even obtaining loans on behalf of Dangote's refinery?

Even now, there is no assurance that it will be completed soon enough. Yet those promoting subsidy removal keep making reference to the refinery.

Is it greediness or what? Why wouldn't Dangote build a smaller refinery and have it completed on time? He just want it to be referred as the single largest train refinery in the world. SMH.

proeast:
Hmnn. So, Nigerian government has been funding and even obtaining loans on behalf of Dangote's refinery?

Even now, there is no assurance that it will be completed soon enough. Yet those promoting subsidy removal keep making reference to the refinery.

Is it greediness or what? Why wouldn't Dangote build a smaller refinery and have it completed on time? He just want it to be referred as the single largest train refinery in the world. SMH.

dexmond:


Can you share link to copy of the agreement since you know what's in the agreement?

sisisioge:
Nigeria just tire me! Why is it that it is one private entity we are looking up to for a refinery while Nigeria as a nation has been unable to build or refurbish it's own refinery. It is well jare....the country just dey somehow!

erniok:

That's what I keep telling proponents of "subsidy must go" who rely on dangote refinery. Let it be up and running before bringing subsidy removal that is dependent on it to the table else 22% inflation rate would look like a 1990 stuff.

aminulive:
The Dangote Refinery, announced in 2013 with an initial $3.3bn loan deal with local and foreign banks to fund the construction, was expected to transform Nigeria's reliance on imported petroleum products and boost the country's economy. With an initial completion date of 2018

proeast:


Dangote has fuked them up. They put all their hopes on his refinery not knowing it can't be completed until 2025. Who knows they might even extend the date again to 2030

If Dangote is not careful, that refinery might end up as white elephant project. He is already paying 700 million as interest on loans and has continued to borrow endlessly. He has even exceeded his limit for borrowings yet completion date is not in sight!

I don't see subsidy being removed, especially not when a questionable and unpopular government like that of Tinubu takes over. Obi might even contemplate it considering he still enjoys massive support and control of social media narrative.

If Tinubu is inaugurated as president and he dares remove subsidy, his government will collapse within 6 months.

erniok:

I think the problem with our refineries is that most of them are obsolete. The TAM routinely done is just an Avenue to siphoned funds.

proeast:
If Tinubu is inaugurated as president and he dares remove subsidy, his government will collapse within 6 months.

We’ll remove fuel subsidy even if Nigerians protest – Tinubu

December 23, 2022

The flagbearer made the pledge on Thursday at a business luncheon with business owners in Lagos.

The former governor said if elected he would take bold decisions that would turn the nation’s economy around.

Tinubu declared that Nigeria would not continue to subsidise fuel consumption in neighbouring countries.

“How can we subsidise the fuel consumption of Cameroon, Niger, Benin Republic?

“No matter how long you protest, we are going to remove the fuel subsidy”, he vowed.

https://dailypost.ng/2022/12/23/2023-well-remove-fuel-subsidy-even-if-nigerians-protest-tinubu/?amp=1

aminulive:
By Sylvester Audu



https://politicsnigeria.com/fueling-uncertainty-investigating-nigerias-subsidy-removal-and-the-dangote-refinery-debacle/

DMerciful:
Subsidy will not be removed in the next 2yrs. With a possible sack of Tinubu by the tribunal, he dare not contemplate subsidy removal

AntiChristian:
May God Bless me in Nigeria! Same God that blessed Alhaji Aliko Dangote
May God Bless Jagaban!
May God Guide the President Elect!
May God bless the Federal Republic of Nigeria!
May the enemies of Nigeria fail and keep failing till their end!

Where is Jagaban?
Jagaban, Oyoyo!
Jagaban, Oyoyo!
Jagaban, Oyoyo!

ransomed:
The spirit that worked against NNPC refineries is still alive to make Dangote refinery moribund.
I am so sure of my assertion because enemies of Nigerians are alive and in control.

dominic17:
God save Nigeria

sisisioge:


So why cant we build? If Dangote can start building,why cant Nigeria as a nation build? Yet we spend so much on frivolities, waste on politicians and have a ton stolen by humans....why? It is so unreasonable.

Remember one time that the banking sector was given a mandate that for any bank to operate in the country they must have a reserve of about 20 billion then? A lot that couldnt meet up merged. Why cant the FG give the oil sector a mandate to own refineries or even build one for the nation? E really get as e be. The country is such a disappointment! Soon Dangote will do to oil what he did to sugar when he had monopoly of the product. It is so sad!

Blitzking:

We av started it and we must finish it..the west won't be happy and those nations we have been importing refined products from...they will warn their financial institutions from giving any money..and would raise fake media to raise both the masses and the govt against such live changing project for the future of Nigerians yet unborn. We must not allow this project become another ajaokuta steel mill..of course such a project would instantly make dangote among the top 20 richest men in the world..but then the masses will feel the impact.