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Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery (31676 Views)

EFCC Investigating Nigeria Air Deal, Says Keyamo / Nigeria Subsidy Removal Puts Pressure On EU Refineries / Seyi Tinubu Greets Obasanjo, Osinbajo And Dangote At Otedolas Mums Birthday-phot (2) (3) (4)

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Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Jostoman: 7:47pm On Apr 24, 2023
Realguyman1:
The kind suffer wey many common Nigerians go suffer after the Nigeria useless government done finally remove this scam called fuel subsidy ehn, nor be here o.

Imagine the Nigeria government funding and even obtaining loans on behalf of Dangote refinery. Same refinery that was built by pass government that this present useless Nigeria government(especially that of Buhari) can't even maintain, is what they are now funding and obtaining loans on behalf of Dangote refinery for. Nigeria matter loud

Government officials embezzling the money made for public projects has been the reason Nigeria is where it is today and not because of subsidy. I was hoping that Buhari was going to fix those issues when he became president. But no, the old man rather ended up becaming the worst president Nigeria ever had since existence.

The Nigeria useless government are just
suffering the poor masses for nothing, and what surprises me most is that most Nigerians are even comfortable with the suffering. They all know where the problems is but they rather prefer suffering the poor masses than fixing it.

Nor be fuel subsidy dey hold Nigeria from developing or making Nigerians not to enjoy those good things the citizens of those advance countries are enjoying, but the embezzlement of public fund by the government of all sectors in the country. And if those embezzlement don't stop, removing of subsidy or not will not change anything but rather add more suffering upon common Nigerians.
thank you

2 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Frezhkid10(m): 7:48pm On Apr 24, 2023
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 cheesy cheesy

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.
How will it collapse??..if dem call you out for protest will you come out to protest
Who are the people majorly on protest grounds…the agbero’s…and who controls them
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Ezmans: 7:48pm On Apr 24, 2023
olyrayy:


Abi O. That's what I heard. Why are these people trying to confuse us?
dangote refinery will be available in 36 months time, this government can't tell you truth

2 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Kukutenla: 7:48pm On Apr 24, 2023
erniok:

Sir, those refineries were built with the tech available those days and that's why they keep having problems maintaining it. So saying they are out of date in in order.Also bear in mind those refineries were built for a certain population and with population explosion we are witnessing, they simply won't serve.
That's not correct. They are not serious about maintaining the refineries because of other interests.
And the refineries combine can cater to Nigeria's fuel needs definitely

2 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Jostoman: 7:48pm On Apr 24, 2023
helinues:
Toh
only toh?

2 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by BreconHills(m): 7:48pm On Apr 24, 2023
aminulive:
By Sylvester Audu



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

Sounds like the "repair the refinery" people are going into over drive for one more loot Nigeria blind" exercise

1 Like

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Frezhkid10(m): 7:49pm On Apr 24, 2023
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!
The oil sector gave a condition for refineries to be built…Subsidy must go!!!!!!
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by helinues: 7:50pm On Apr 24, 2023
Jostoman:
only toh?

Come and force me now
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by sisisioge: 7:54pm On Apr 24, 2023
Frezhkid10:

The oil sector gave a condition for refineries to be built…Subsidy must go!!!!!!

So they are the ones paying the subsidy on behalf of the govt at the moment? What was Dangote's condition for building one? The country makes the rules not them! If Nigeria is serious, we would have had quite a number of refineries by now!

2 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by 1stGenAmerican(f): 7:58pm On Apr 24, 2023
Kimber35:
Dangote the king of industries


https://www.youtube.com/watch?v=8CDU3WO7VJA

The king of industries who is pressuring your government to take out $4 billion in loans in order to complete his refinery?

3 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Jostoman: 7:59pm On Apr 24, 2023
helinues:


Come and force me now
Atiku is Coming
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by tommy589(m): 8:03pm On Apr 24, 2023
DeLaRue:
Dangote should have gone for a European build.

The initial cost would have been higher, but quality would be better and time frame for completion would have been more certain.

It seems he went for a predominantly Indian managed option.

Indians are not reknowned for being the best in delivering this kind of mega project. Now, the project will probably cost far more.

If this report is correct, the Chinese have now been invited to help complete the project. They might want to start start some designs and fabrications afresh.

I suspect the Indians have made some big errors with the project and can't find a way out.

Which kind wahala is this now

And Nigerians have put all their economic hope in Dangote refinery.

This is going to make Tinubu's already challenging task even harder.


Your post got me thinking of a write up I read 4/5 years ago on this refinery. The write up having pictures was about 500 Nigerian dangote staffs on their way to India for technical training. As a layman it got me wondering why 500 staffs at a haul on a project that is no where near completion
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Truthshscrazy: 8:04pm On Apr 24, 2023
undecided
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Okulevan: 8:04pm On Apr 24, 2023
tunwumi:
Be informed that the refinery is coming on stream third quarter
do you have a source for this info? The writeup says 2025.
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by helinues: 8:07pm On Apr 24, 2023
Jostoman:
Atiku is Coming

Inside Titi right?

1 Like 1 Share

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by CodeTemplar: 8:12pm On Apr 24, 2023
abobote:
Nigeria now depends on Dangote for everything
according to the article, it is Dangote who now depends on the govt for so much. I hope that's not true and the refinery kicks off operation soon.
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Jostoman: 8:12pm On Apr 24, 2023
helinues:


Inside Titi right?
Atiku is Coming not Cuming
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by helinues: 8:13pm On Apr 24, 2023
Jostoman:
Atiku is Coming not Cuming

Except if there is another server in Pluto this time around.

grin
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by 27Pushing30: 8:14pm On Apr 24, 2023
dexmond:


The south claims 5o be educated yet are the ones paying the bulk of the money into the federation account that the North the bulk of the money.

Am I ignorant. You can educate me

Anyone over 25 can no longer be educated... to free themselves of ignorance they must seek out knowledge on their own.

Anyway maybe you can start by googling how refineries make sales at least that will cure the ignorant talk of Dangote wont sell to SE and MB.

Also cure yourself on attache by force
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by CodeTemplar: 8:14pm On Apr 24, 2023
helinues:


Inside Titi right?
Not funny.

1 Like

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Scientheosopher(m): 8:22pm On Apr 24, 2023
It's shamefully strange that the FG is depending on Dangote's Refinery, instead of seriously working on how to put our refineries into shape as well as turning bunkery ones into mini-refineries!
#Maybe our leaders have vested interest in Dangote's Refinery.

3 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by dexmond: 8:29pm On Apr 24, 2023
27Pushing30:


Anyone over 25 can no longer be educated... to free themselves of ignorance they must seek out knowledge on their own.

Anyway maybe you can start by googling how refineries make sales at least that will cure the ignorant talk of Dangote wont sell to SE and MB.

Also cure yourself on attache by force

The useful idiot article is very apt. It captures the twisted and demented mind of the boot lickers who are under spell of the ...

1 Like

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Greattha: 8:33pm On Apr 24, 2023
N'tori Olorun...Ha!

Nigeria is in trouble....only God can save her now.

Yet some say this government is the best thing to happen to Nigeria after jollof rice. embarassed

3 Likes

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by CodeTemplar: 8:35pm On Apr 24, 2023
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!
Anti Christ-like people.
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by pcagbaji(m): 8:35pm On Apr 24, 2023
seguno2:


Subsidy that APC removed in 2016? Or there is another subsidy



Stop being mischievous you are very aware that after removing the subsidy the re implemented it again ,why are you deceiving people

1 Like

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Taigaban: 8:40pm On Apr 24, 2023
Subsidy fraud necessitate the removal of subsidy. How can Nigeria subsidies fuel for the entire west Africa? The quantity of fuel alledged to have been subsidies by Nigerian government is far more than the quantity consumed by the United States with far more cars than it's available in the entire west Africa. This is absurdly fraudulent.

1 Like

Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Gentew(m): 8:42pm On Apr 24, 2023
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

Ipob spotted, by their comments we shall know them.
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by AntiChristian: 8:51pm On Apr 24, 2023
CodeTemplar:
Anti Christ-like people.

Christ didn't fight religious war like our thank you daddy!
God bless you Zaddy!
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by saysoo: 9:02pm On Apr 24, 2023
erniok:

Read the post again. The issue is obligor limit and not really the cash.
Am not making this comment now find out the starting point of that refinary and the issues Dangote had with Nigerian banks.
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by Demurray: 9:08pm On Apr 24, 2023
The right time to remove subsidy is the time government are able to provide sustaining environment for the public otherwise , we are in for a long ride. The poor masses , which is the largest population will feel it most
.
Tinubu will never remove the subsidy until enabling environment is achieved. He will keep giving excuse upon excuse till the right time to remove it .
Re: Fueling Uncertainty:investigating Nigeria's Subsidy Removal And Dangote Refinery by seguno2: 9:32pm On Apr 24, 2023
pcagbaji:

Stop being mischievous you are very aware that after removing the subsidy the re implemented it again ,why are you deceiving people

How is it my business that you are mischievous in understanding what Kachikwu, Tinubu and Osinbajo said seven years ago?
Can you please explain this in a non-mischievous way, so that we know who are those deceiving people

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