9jaRealist:



>

onatisi:
judging from what this man has said , he seems to have some points that needs to be looked into and addressed .

LegendHero:
How is Dangote going to be a monopoly?

The man also spoke about Dangote cement being a monopoly. Is this man so daft? What about Lafarge, BUA, and etc? Are they also owned by Dangote?

So na the man wey dey head NLC be this? It’s obvious he dosen’t even understand what he is saying.

Dotherightthing:
Rubbish!

Subsidy is gone!!

Ask for pay rise!!!

LegendHero:
How is Dangote going to be a monopoly?

The man also spoke about Dangote cement being a monopoly. Is this man so daft? What about Lafarge, BUA, and etc? Are they also owned by Dangote?

So na the man wey dey head NLC be this? It’s obvious he dosen’t even understand what he is saying.

richidinho:
Dangote refinery will start work in 2025

Forget the lies they are telling you, that refinery is still @ 65% completion

seborrhic:
The one of Dangote is a fact.
I have been drumming it to the hears of people even last year when this Dangote refinery issue came up.
I posted in this forum on various threads that no one should expect Dangote to sell fuel at ₦185.I was even generous then when I opined that fuel from Dangote would sell at nothing less than ₦300-₦400.
Even in areas where Dangote has a bit of co-player,cement,he has muscled other minor players to be fixing prices at higher rates because the other players can meet only 10-20% of demand while he controls at least 70%.
Now imagine fuel,an essential product where he would be the only player since sourcing dollar at market rate to import fuel would be more like economic bankruptcy!Added to the fact he has massive debts to pay,in foreign currency!!
₦1000 or even ₦1200 by December is highly possible.

msquarewld:
What baffles me most in Nigeria is that a lot of us are too sentimental to actually reason well. If not, how we do not see that our refineries are not working because of this organized crime call subsidy.
The fact remains that, if different aspects of our economy is to develop, going forward this is a step in the right direction.
Believe me, with subsidy gone, watch and see our refineries working in no time.

richidinho:


The BUA refinery in Akwa Ibom is only 0.5% completion

They are still clearing bush where it will be cited

FreeStuffsNG:
You will soon calm down when reality of the division in NLC hits you.

nnamdi640:
Thunder fire any wicked soul that will say subsidy is gone without any proper planning on how to save the masses from the hardship the subsidy remover will bring

nnamdi640:
Thunder fire any wicked soul that will say subsidy is gone without any proper planning on how to save the masses from the hardship the subsidy remover will bring. The so called president would have considered pay rise before doing that if truly he care, beside what will be the fates of those working under private sector

Ezmans:
go and check where you reside how many cement stores have bua & lafarge cement

GeneralDae:

Do you work there? Why can't it start with 300,000 bpd?

richidinho:
Dangote refinery will start work in 2025

Forget the lies they are telling you, that refinery is still @ 65% completion

jmoore:

Chinese government owns and operate more than 38 refineries in China.
If your government can't run a business, then they can't run a government too.

Your corrupt politicians sold you a lie that government can't run a business. China that is doing it, do they have extra brains in their heads?

OGHENAOGIE:
China is a state capitalist economy Nigeria isn't... Don't compare two different things...

blowjohn:
Which licences did they give out?
Or u think it's only dangote that has money?

By the way, u think he uses his money to build his business?

Don't u know banks are the ones that fund his projects?


As urself are there no mega billionaires in Nigeria that can get loans frm banks to build refineries?

U think even peter obi cannot build one?
Or atiku?
Or some state governors?

Why is it only Dangote? Ask urself that question first.

kingsways:
It makes no sense to say market forces will determine price when you have only one supplier in the market

tsdarkside:


make him pay the subsidy from his own pocket....
they are all politicians,very useless people....all they know is talk all day....

9jaRealist:


At least 28 licenses for private refineries were (or have been) granted going back to the OBJ administration…
This includes BUA, Orient, Waltersmith, etc. And is apart from the promised “4 Greenfield Refineries” by NNPC.

Dangote is not the only Nigerian with money…
But remains one of the few who invests in MANUFACTURING (in infrastructure-poor Nigeria), rather than trading.

All of the world’s biggest corporations/businesses take loans (or other debt capital)…
Nonetheless, loans are not given out for free, and with this refinery Dangote Group provide HALF of the funding.

Peculiar thing about Nigeria is the perchance to denigrate success (while often celebrating failures)…
If Dangote was a trader investing only in his own village or state (instead of across Nigeria/Africa), he’ll be venerated.
>

renderme:
This IMO state guy is just being partisan. Everyone knows BUA will also finish his refinery next year.

So why not wait for BUA and other refineries to come up and then visit the subsidy issue? Why not put in place the palliative measures before removing subsidy?

What are the other options this country has?

- Combat smuggling and our porous borders.
- Fight corruption.
- Cut the cost of governance.
- Give tax incentives like zero tax/duties for food importation to help lower food prices.
- Do everything humanly possible to secure the North so that farmers can return to their farms by facing and eliminating the terrorists in the North that have chased locals from their homes and farms.
- Combat the issue of multiple road taxes and bribes food transporters face on the road to reduce cost of food transportation.
- Ensure transparency and accountability.
- Expedite the renovation of the local refineries.
- Encourage the set up of more modular refineries nationwide etc


Government can’t run any business. All their refineries keep swallowing money & is useless.

- Why can't government concession out the refineries to qualified private companies to renovate and manage?

Subsidy is a pit that also swallows money wt no benefit for expansion. Subsidy is gone. The goal is increasing states revenue generation and providing a living minimum wage.

ALL governments including the US, China and Russia give subsidies to ensure gas prices and food prices in their countries remain affordable in addition to establishing robust social welfare programmes. So my brother subsidy is not the problem but corruption in the subsidy process and this is what should be addressed head on.

Let's stop being political about this. Already 133 million Nigerians are living below the poverty line and you want to increase fuel price by 300%? How will the common man cope?

richidinho:


The BUA refinery in Akwa Ibom is only 0.5% completion

They are still clearing bush where it will be cited

9jaRealist:



ABSOLUTELY FALSE!

The refinery began test-running earlier in the year…
It should start receiving crude this month, and discharging products in Q3
>

LegendHero:
How is Dangote going to be a monopoly?

The man also spoke about Dangote cement being a monopoly. Is this man so daft? What about Lafarge, BUA, and etc? Are they also owned by Dangote?

So na the man wey dey head NLC be this? It’s obvious he dosen’t even understand what he is saying.

Ezmans:
go and check where you reside how many cement stores have bua & lafarge cement

N3TRAL:
.

It's because Dangote is a better business Man!

tsdarkside:


nigerias cant afford subsidy....thats just facts....
nigerians should be ready to pay international price for fuel....
because right now,nigeria doesnt produce refine enough for entire nigeria....

una are complainin....what about neighborin countries that cant produce enough too....