₦airaland Forum

Your analysis is not different from what a 5 year old w knows on this matter. So what did you waste your time doing...?

Kenochi:
I have taken my time to go through all this back and forth on this issue.The truth is that both sides cannot be absolved of blame
Dangote started by insinuating that NNPC has only 7% out of the 20% earlier agreed,NNPCL through the NMDPRA fired back that the refinery is incomplete and the products are substandard.They also said he wants to run a monopoly
Dangote fired back by saying that his products are standard and the NNPCL can buy him out so that he will not be in the way of being a monopoly
This is a classic game of thrones,who blinks next because I know Dangote is fighting a lot of demons,mafias and principalities holding Nigeria back

Chinkoalhaji34:
Na wa o! Why all this media wahala? Instead of fighting, let’s focus on building and supporting our own. Dangote is doing great things; we should be celebrating that instead of throwing shade. Unity na wetin we need right now!

Stop confusing thunder Oga

okoloto:
Farouk won't talk if it is not true. If the fuel is inferior, how would you know as an end user?
It is the responsibility of the regulatory authority to alert the public and which farouk has done.
What do we have to say about building collapse happening in the country. Nobody blames the cement used but only maybe the contractors.
We should not whip sentiment in everything. We expect dangote to prove farouk wrong but not whip sentiment.

Proving farouk wrong? I think he did that in the interview he has with house committee on petroleum when they paid him a visit? The video is online.

LegendHero:
I don't think Tinubu has any reason to fight Dangote. He just recently appointed him as part of the economic team he set up and etc.

This is a matter between Dangote and NNPC. All those alarm from Dangote is to call NNPC and their cabal out and force Tinubu to wade in faster.

I am sure in the coming days, it will be resolved. Tinubu need Dangote now more than ever.

Appointment could be audio or ceremonial. Isn't tinubu the minister of petroleum who farouk and co report to?
Except you are saying tinubu is not the boss or "awia" of happenings in his own ministry.

Clowns

Voice of Farouk, hand of Tinubu.

Make una dey deceive una sef. Who is the illegitimate minister of petroleum?

LegendHero:
Source: https://saharareporters.com/2024/07/22/nigerias-house-reps-orders-dangote-nmdpra-others-stop-media-attacks-pending-conclusion

How is Dangote saying NNPCL has 7.5% stake an attack when Nigerians erroneously think its 20%? You don't expect him to set the record straight?

Kenochi:
I have taken my time to go through all this back and forth on this issue.The truth is that both sides cannot be absolved of blame
Dangote started by insinuating that NNPC has only 7% out of the 20% earlier agreed,NNPCL through the NMDPRA fired back that the refinery is incomplete and the products are substandard.They also said he wants to run a monopoly
Dangote fired back by saying that his products are standard and the NNPCL can buy him out so that he will not be in the way of being a monopoly
This is a classic game of thrones,who blinks next because I know Dangote is fighting a lot of demons,mafias and principalities holding Nigeria back

Kenochi:
I have taken my time to go through all this back and forth on this issue.The truth is that both sides cannot be absolved of blame
Dangote started by insinuating that NNPC has only 7% out of the 20% earlier agreed,NNPCL through the NMDPRA fired back that the refinery is incomplete and the products are substandard.They also said he wants to run a monopoly
Dangote fired back by saying that his products are standard and the NNPCL can buy him out so that he will not be in the way of being a monopoly
This is a classic game of thrones,who blinks next because I know Dangote is fighting a lot of demons,mafias and principalities holding Nigeria back

Is there anything Dangote pointed out that is not True

Did Nnpc refute they own more than 7%

IF dangote is half complete then why did Nnpc supply him 1st batch of crude

Ex pres. Buhari commissioned Dangote refinery, how does it turn out what a president commission don't have license

NNpc is the sole importer of fuel in Nig. what makes there's less "monopoly" ..

why NMDPRA no take Dangote challenge for an independent test ... i don't see how dangote get blame

tikco:
One thing is certain that this political big guns and the elite knows what they ate doing.. Accuse each other for nothing. Me i am sure that wen dangote is done with us we'll beg the government to buy this refinery cuz seeing is believing.. He has done what he knows best in cement sector.

Your assertion are baseless, there is no way dangote can refinery and sell higher than the present pump price ... anyhow you chose to look at it

Infact, it is NNPC/Govt that Nigerians need to be delivered from, they are the worst that can ever happen to any country

Good. Mature minds don't bicker around

LegendHero:
I don't think Tinubu has any reason to fight Dangote. He just recently appointed him as part of the economic team he set up and etc.

This is a matter between Dangote and NNPC. All those alarm from Dangote is to call NNPC and their cabal out and force Tinubu to wade in faster.

I am sure in the coming days, it will be resolved. Tinubu need Dangote now more than ever.

Exactly. I see no reason why Tinubu will frustrate him also

PresidObi:
They are slapping the man and you advice him not to wail ?

I don't understand you guys o

this is the cabal in action and nnpc is the headquarters of the cabal,this people are trying everything to frustrate dangote

This public attack on the person of dangote is not healthy for our economy, we need to encourage local content yet we are here talking about quality,is there any quality product in Nigeria?

DMerciful:
How is Dangote saying NNPCL has 7.5% stake an attack when Nigerians erroneously think its 20%? You don't expect him to set the record straight?

You said Nigerians erroneously think it is 20%?

Nigeria has been shortchanged and there is nothing anybody can do.

It is good that Tinubu is the President and we have Cardoso as CBN Governor and Wale Edun as Finance Minister. So many hidden things that have not allowed concrete decision to be taken by South West elites will now be made open. When special investigator was appointed to probe CBN operations under Emefiele, I know so many things would be revealed.

The way Kogi State Government shares in Obajana Factory diminished to zero is the same way NNPC's share of 20% diminished to less than 10% and may eventually reduced to 2% or nothing. It is very easy when Dangote is dealing with full time politicians but it may be difficult to accept when dealing with politicians that understand business and economy.

All the incentives given to Dangote by FG with loans to be paid by Nigeria is now zero. Thank God, naira is now floated. My last write-up on Dangote Refinery few weeks ago, I said I am confused and I don't know what is happening again. I said I became confused when he said he has almost settled all the loans taken to build the refinery when the refinery is yet to fully takeoff. I said I suspect Nigeria has been shortchanged. Something went wrong somewhere. I said for Dangote to have visited Tinubu with his mother and the eldest Dantata an old man last year, it means something.

Despite all the sacrifices and hope Nigeria has placed on this refinery, at the end, the owner said Nigeria has no stake in it. He is the one in charge, he determines how much has been committed to the project to determine the percentage of NNPC shares. All dollars incentives and windfalls from CBN are nothing now at this stage. At the end, NNPC share may become 2% as Tinubu, Cardoso and Edun can never play ball as it was under Buhari.

You've prejudice, thats why you've not taken time to read why Dangote said we now have 7.5%. We were supposed to purchase the remaining stake with crude that the NNPC refused to supply Dangote.

Tinubu is actually responsible for this stake reduction

professorPABX:
You said Nigerians erroneously think it is 20%?

Nigeria has been shortchanged and there is nothing anybody can do.

It is good that Tinubu is the President and we have Cardoso as CBN Governor and Wale Edun as Finance Minister. So many hidden things that have not allowed concrete decision to be taken by South West elites will now be made open. When special investigator was appointed to probe CBN operations under Emefiele, I know so many things would be revealed.

The way Kogi State Government shares in Obajana Factory diminished to zero is the same way NNPC's share of 20% diminished to less than 10% and may eventually reduced to 2% or nothing. It is very easy when Dangote is dealing with full time politicians but it may be difficult to accept when dealing with politicians that understand business and economy.

All the incentives given to Dangote by FG with loans to be paid by Nigeria is now zero. Thank God, naira is now floated. My last write-up on Dangote Refinery few weeks ago, I said I am confused and I don't know what is happening again. I said I became confused when he said he has almost settled all the loans taken to build the refinery when the refinery is yet to fully takeoff. I said I suspect Nigeria has been shortchanged. Something went wrong somewhere. I said for Dangote to have visited Tinubu with his mother and the eldest Dantata an old man last year, it means something.

Despite all the sacrifices and hope Nigeria has placed on this refinery, at the end, the owner said Nigeria has no stake in it. He is the one in charge, he determines how much has been committed to the project to determine the percentage of NNPC shares. All dollars incentives and windfalls from CBN are nothing now at this stage. At the end, NNPC share may become 2% as Tinubu, Cardoso and Edun can never play ball as it was under Buhari.

madridguy:
Tinubu should stop using Farouk Ahmed to fight Dangote. Dangote himself is not a saint but frustrating a business of over 10 billion dollar will not help our economy but send negative signals to foreign and local investors.

Must you always drag Tinubu to issues bothering on government agencies?

DMerciful:
You've prejudice, thats why you've not taken time to read why Dangote said we now have 7.5%. We were supposed to purchase the remaining stake with crude that the NNPC refused to supply Dangote.

Tinubu is actually responsible for this stake reduction

Which prejudice? I have heard it before it was public. What he said was an afterthought.

I have been the most consistent supporter of Dangote Refinery since 2017 while posting as babaolofin. Before then, I have fought and defended Dangote Cement against IBETO during Jonathan bad governance. On the Okpella case between BUA and Dangote, I was on the side of Dangote. Right from the time of Kemi Adeosun as Finance Minister Dangote has enjoyed support from Federal Government on the establishment of this refinery with the hope that it would lessen the burden on Nigeria. He has enjoyed incentives and windfalls from Federal Government under Emefiele and Buhari. We know this thing. Dangote cannot come out to say he has not gotten any incentive from Federal Government. That is an insult to our intellect.

Kyari is the GMD of NNPC when the 20% deal was sealed under Buhari. Who represented FG and who represented Dangote Refinery? Was it just gentleman Rankadede agreement? What are the terms? What about the legal documents as at that time? Emefiele should speak because we all know when NNPC acquired the 20% share .

As it is, NNPC should just forget about Portharcourt Refinery or Warri or Kaduna, they will never be allowed to work except they are sold. They will frustrate them, they can even burn them. No NNPC refinery will be made to work except Dangote Refinery is accepted by NNPC.

wchiturn:
Tinubu leave Dangote alone!

simply becux he didnt allow him to skyrocket the price of fuel to ₦1000 per litter?
Dnt know how u guys reason sometimes later u ppl will be calling Tinubu left right & center... Guy reason naw..
WHT did he wanted to av monopoly over everything?
Cement price is still there Frm 3500 to 9800.

You're writing unnecessary epistle to convince yourself that you're not biased.

Simple question, did the fg pay for 20% or 7.5%? Leave cho cho cho.

professorPABX:
Which prejudice? I have heard it before it was public. What he said was an afterthought.

I have been the most consistent supporter of Dangote Refinery since 2017 while posting as babaolofin. Before then, I have fought and defended Dangote Cement against IBETO during Jonathan bad governance. On the Okpella case between BUA and Dangote, I was on the side of Dangote. Right from the time of Kemi Adeosun as Finance Minister Dangote has enjoyed support from Federal Government on the establishment of this refinery with the hope that it would lessen the burden on Nigeria. He has enjoyed incentives and windfalls from Federal Government under Emefiele and Buhari. We know this thing. Dangote cannot come out to say he has not gotten any incentive from Federal Government. That is an insult to our intellect.

Kyari is the GMD of NNPC when the 20% deal was sealed under Buhari. Who represented FG and who represented Dangote Refinery? Was it just gentleman Rankadede agreement? What are the terms? What about the legal documents as at that time? Emefiele should speak because we all know when NNPC acquired the 20% share .

As it is, NNPC should just forget about Portharcourt Refinery or Warri or Kaduna, they will never be allowed to work except they are sold. They will frustrate them, they can even burn them. No NNPC refinery will be made to work except Dangote Refinery is accepted by NNPC.

[quote author=UstazAhmed post=131089728]We told Dangote not to invest in Yorubaland, he refused to listen. Now he's crying like a bush baby[/QUOTE... why are u guys full of hatred?? Jealousy & ENVY?
SINCE U ARE HIS ADVISER WILL U NOW SUDGGEST TO HIM HE SHOULD RATHER INVEST IN ABIA? FOR UR PPL TO KIDDNAP HIM?

DMerciful:
You're writing unnecessary epistle to convince yourself that you're not biased.

Simple question, did the fg pay for 20% or 7.5%? Leave cho cho cho.

He said so. The agreement was in July 2021 for 20% acquisition. We all applauded NNPC that time. We were told the Refinery was 90% completed. If in 2024 NNPC cannot meet the terms and he said 7.5% no problem. Are you OK with that?

Chief Timpre Sylvia the Minister of State for Petroleum in 2021 was just a passenger in that deal. Tinubu, Cardoso and Edun can never play ball and that Mallam Farouk is a very principled man. Besides, things are not that easy for the economy.

Good night.

LegendHero:
I don't think Tinubu has any reason to fight Dangote. He just recently appointed him as part of the economic team he set up and etc.

This is a matter between Dangote and NNPC. All those alarm from Dangote is to call NNPC and their cabal out and force Tinubu to wade in faster.

I am sure in the coming days, it will be resolved. Tinubu need Dangote now more than ever.

Does this mean Ndume was right that Tinubu is not accessible?

This is a shameful attack on Dangote. Some people would rather sell this country to foreigners than make it work for its citizens.

If Dangote sells up and moves his money abroad it means that this country has been sold in totality.

Shame on Farouq allowing himself to be used against his own. Shame

I believed in Tinubu because I felt that he understood the need for a strong economy. However between the nonsense his boys are doing in the states Kano and Rivers and now this it seems we need to be worried at what the future holds

Namigotalktru:
This is a shameful attack on Dangote. Some people would rather sell this country to foreigners than make it work for its citizens.

If Dangote sells up and moves his money abroad it means that this country has been sold in totality.

Shame on Farouq allowing himself to be used against his own. Shame

I believed in Tinubu because I felt that he understood the need for a strong economy. However between the nonsense his boys are doing in the states Kano and Rivers and now this it seems we need to be worried at what the future holds

I won't put it past Tinubu to frustrate Dangote to acquire it for himself just like the rumor of Intels

madridguy:
Tinubu should stop using Farouk Ahmed to fight Dangote. Dangote himself is not a saint but frustrating a business of over 10 billion dollar will not help our economy but send negative signals to foreign and local investors.

Factos. Succinctly put