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Nairaland Forum / Nairaland / General / Politics / EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? (25066 Views)
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Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Ikaeniyan0: 1:01pm On Jan 05 |
citygarden:Which Faruq are you talking about? |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by MASTAkiLLAh(m): 1:06pm On Jan 05 |
The igbo man is supposed to shut up and take the blame for a crime committed by everybody. I see what the op is doing |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by 3lami: 1:09pm On Jan 05 |
Rich getting richer , poor getting porrer. |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by adecz: 1:10pm On Jan 05 |
Buhari and Emefiele simply ran CBN like a limited liability company with Emefiele as CEO and Buhari as Chairman❗️❗️❗️ Both of them shared the profits, but if there are losses, the Nigerian citizens pay for the losses. 2 Likes |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Ikaeniyan0: 1:18pm On Jan 05 |
GVTAsiwaju:Faruq Lawan. 1 Like |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by HNICEARTH: 1:30pm On Jan 05 |
aminulive: Why didnt they raid Tunde sabiu and isa funtua's children Dey play! The person wey send them know where him send them go, know why him send dem go there. Refinery share no gree share |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by alcuin(m): 1:31pm On Jan 05 |
Nothing will give me more pleasure than to see these guys as targets for a firing squad. Anini no do reach this one. |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by galadima77(m): 1:38pm On Jan 05 |
Primebuilders: Exactly... I'm not seeing any bus, let alone "throwing". Or you don't want Emefiele to say what happened? |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by citygarden(m): 1:40pm On Jan 05 |
He was having issues with Otedola, but he implicated Faruq the former House of Representatives with bribery allegations Sheuns: |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by citygarden(m): 1:41pm On Jan 05 |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by SpatialKing(m): 1:42pm On Jan 05 |
Tinubu has betrayed Dangote The first president to do so 2 Likes |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by ayokellany: 1:50pm On Jan 05 |
Which I support Tinubu instead of Obi. Tinubu will at least generate n steal from what he generated but this fools will collect loan n steal the same loan as if it won't be paid back. grandstar: 2 Likes |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Ikaeniyan0: 1:54pm On Jan 05 |
citygarden:Otedola accused Faruq of asking for bribe, not Dangote . |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by goody234: 1:58pm On Jan 05 |
These ppl have finished this country get ready for a spate of armed robbery and kidnapping all over the country this is what the poverty is going to do |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by maxzzo1(m): 2:06pm On Jan 05 |
Naija govt may end sealling dat refinery cos most criminals put naija money inside...... |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Khyrvxjzy: 2:14pm On Jan 05 |
[quote author=Elvis2kay post=127789561]If Dangote can refine crude oil for Nigerians for free in the next 12 years, he should be pardon [/quote ipob kuku go there with iron condemn and take your own share |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by HighTable(m): 2:26pm On Jan 05 |
People look up to dangote as an hardworking and complex man doing complex things to make money. Bullshit Generally If you like attach hardwork to money, that will be your reality, if you attach softwork to money, that will be your reality, if you attach smart work (aka no work) to money that will also be your reality. Everyone is getting it according to their own mentality knowingly or unknowingly. 2 Likes |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by djon78(m): 2:34pm On Jan 05 |
Fiscus105: Most of these billionaires make there money From the corridors of power So they can easily go down easily If New Government doesn't favor them Aliko has been enjoying so much Maybe he don reach him peak and about to go down now Just maybe |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by missionmex(m): 2:45pm On Jan 05 |
NaughtyBrainiac:Plus you. You have never heard of lesser evil? |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by LongT(m): 2:52pm On Jan 05 |
oz4real83:Exactly. Except the punitive measure for corruption is made stringent, people will continue to thread on that path without fear. May be then we will begin to have reluctant leaders, as it is in the past. |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by deenee: 3:25pm On Jan 05 |
Too many ignorant people on this thread. The comments show this. 1 Like |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by gidjah(m): 3:55pm On Jan 05 |
Chijeep: |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by iyke2frankeze: 4:14pm On Jan 05 |
So all this long rubbish is to exonerate Dangote in a crime involving him transfering Nigerias Hard currencies to Dangote group for no reason? |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Gboss247(m): 6:02pm On Jan 05 |
aminulive:So, what is actually the case here if I may ask? |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Gboss247(m): 6:04pm On Jan 05 |
Fiscus105:Continue to dream while EFCC entertain you with half-bake news. |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Gboss247(m): 6:13pm On Jan 05 |
Bigchristo:So,in your mind CBN borrowed money gave Dangote freely? |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Gboss247(m): 6:17pm On Jan 05 |
sparko1:Don't also forget that multinational firms like Dangote Group bring billions of dollars into Nigeria and expecting him to buy forex that he owns looks stupid. |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Fiscus105(m): 6:21pm On Jan 05 |
Gboss247: Indeed you are hulucinating , perhaps u still on agro of nonsense u smoke across crossover. Check the person u mentioned or u give it phone for person who can interpret English for u. May you not see psychiatrist cos of excessive Colorado" intake. |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by ira3oladosu: 6:48pm On Jan 05 |
WahalaWahala... |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by deenee: 7:02pm On Jan 05 |
First, the EFFC search light isn't on Dangote alone but on about 55 other companies that had access to FX from CBN. I can bet you that nothing will happen because all transactions were done by the book. The man entered into a forward contract to buy FX from the CBN at official rate to import machinery,equipment and pay for technical and advisory services and expatriates wages building his refinery. For the morons that are happy that he isn't the richest man in Africa again, let me explain what a forward contract is. "A forward contract is a customized contract between two parties to buy or sell an asset at a specified price on a future date. A forward contract can be used for hedging or speculation, although its non-standardized nature makes it particularly apt for hedging" CBN based on FX availability supplied him at different intervals and published the allocations in several national dailies for the world to see at the request and instance of Dangote. At some point and due to Covid 19 restrictions which obviously affected dollar inflows, CBN had to resort to accessing USD from Afrexim Bank to meet this committed obligations and to mitigate the impact of USD scarcity and devaluation from their side. That amount is 1 billion USD, out of which 750m was transferred for the payment of technical and advisory services and also payment to the expats working on site to build the refinery. The same way Nigeria has access to funds from Afrexim to settle most of the forward options that have matured with CBN late last year. BUA,Oando, Nest Oil , Nestle, Olam,TGI,Tolaram etc all have these arrangements with CBN and they are have been asked to present their documents for review. This kind of sensational journalism is what kills the country and y'all expect foreign investors to invest? Keep playing For those shouting. FX allocation before the unification of rates was based on priority and as such CBN would only allocate to critical sectors investing in the creation of jobs in manufacturing, oil and gas,agriculture etc. Therefore your request for PTA or BTA or even payment of foreign schools which has no economic impact on the country would not be given top priority. And this is the reason most allocations for the latter are usually not met in a timely manner. I hope y'all understand now? The same still applies till today. By the way Dangote Refinery has received 4 million barrels of crude from NNPCL. Remaining 2 million barrels to kick start the refinery and he will be back at number one. The drop in Forbes rankings happened to everybody from Dangote, BUA, Adenuga and Otedola. They made more money in naira but devaluation affected them. Infact Dangote increased his wealth by 3.5 trillion naira in 2023 for those that don't know. God bless Dangote God bless Nigeria God open the eyes of understanding and increase the intellectual capacity of the morons here so they can understand 1 Like |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by UNDFTD: 8:07pm On Jan 05 |
Are we talking about the so-called quota system billionaire, Aliko Dangote, who used the Central Bank of Nigeria (CBN) as his personal piggy-bank under former CBN governor, Emefiole and others before him? Truth be told, no reasonable person truly believed or was enamored by Mr. Dangote's FAKE title as the richest man in Africa. This is a Fulani man who the Fulani Government of Nigeria (FGN) enabled to monopolize every aspect of the economy of the useless and failed Nigeria. Now, tell me, even if you're the dumbest person ever, would you NOT become the richest man in Africa if the Nigerian government helps you by offering you FREE money and creates a monopoly for you? It would be foolhardy if Mr. Emefiole allows himself to be the only fall guy after he had been used, abused and dumped by the Fulanis, Presidiot Muhammad B0K0HARI and his family, to be precise. |
Re: EFCC Raid: Has Emefiele Thrown Dangote Under The Bus? by Yankee101: 8:23pm On Jan 05 |
Hausa reign is over for now If not who would have thought they’d touch Dangote despite all his economic sabotage all these years? |
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