₦airaland Forum

The investigation into the dangote feud with fg by the anonymous group.


https://x.com/AnonXNG/status/1816857417721712741?t=HHpj5ZgPMh43Z1XvNhbdeg&s=19

Fraud like never before.

..

^ Nobody should reply this idiot above. He wants to deflect the topic to himself. Let's stick to the topic please.

If u believe this terribly linked and unreasonably concocted lies, then your education is a waste

CyrusVI:
If u believe this terribly linked and unreasonably concocted lies, then your education is a waste

Okay

We no believe am

Tell us your truth.. maybe you will convince Nigerians


He too is trying hard to convince us..

So what’s the truth?


Yoruba man..

.

CyrusVI:
If u believe this terribly linked and unreasonably concocted lies, then your education is a waste

While I do agree with you, the "concocted lies" deserve some research.

CyrusVI:
If u believe this terribly linked and unreasonably concocted lies, then your education is a waste

If Tinubu, or indeed any politician actually pulls a stunt like this, there's no way in the world someone like you will be told. Your job begins and ends in supporting politicians, and fighting their perceived enemies.

I am merely taking what's trending in Twitter, and bringing it here, just like it happens for very dark man, ebidola badmus, the other cross dresser, and co.

budaatum:
While I do agree with you, the "concocted lies" deserve some research.

And Your research source is an "Anonymous" group on Twitter??

Do know why there's something called "Verifiable/reliable news outlet" and how their reputation is at stake if they ever carried silly news likr this??

I used to think you're a student of some philosophical school of thought

Information is power.

Eventually Nigerians will know their real enemies.

Some people just don't learn from history.

very useless country indeed

CyrusVI:
If u believe this terribly linked and unreasonably concocted lies, then your education is a waste

You are a cursed Criminal alongside your multiple accounts.

I never knew about this " anonymous explosive revelations"
But this is what i said here few days ago when the dangote refinery stuff began.

Massiveglory:
Something in my head tells me tinubu wants to do a lagos in Nigeria.
Something tells me behind all these is someone who intends to grab and have a key personal intrest in major key infrastructures in Nigeria the way he did in lagos so as to rule and take over the nation and buy whoever he likes the same way he did in lagos.

Just like the lagos calabar hiway trillions being handled by his personal intrest chaugoury.

While dangote has his own issues, the tinubu and his boys that i know are out to do his usual.
He wants to be a combination of Abacha, mobutu sesko and robert mugabe.
We are keenly watching.

CyrusVI:
And Your research source is an "Anonymous" group on Twitter??

Do know why there's something called "Verifiable/reliable news outlet" and how their reputation is at stake if they ever carried silly news likr this??

I used to think you're a student of some philosophical school of thought

No. My research source is not an "Anonymous" group on Twitter.

All that an "Anonymous group on Twitter" has provided is what one should go research for oneself from "Verifiable/reliable news outlet", like, does Tinubu own Oando for instance, and what such ownership might imply.

Massiveglory:
I never knew about this " anonymous explosive revelations"
But this is what i said here few days ago whrn the dangote refinery stuff began.

Immediately I saw that tweet, this your comment was the first thing that came to my mind.

Same anonymous that said Buhari will not hand over to Tinubu or it's another anonymous?

JagabanB:
Same anonymous that said Buhari will not hand over to Tinubu or it's another anonymous?

Tinubu fought his way to power. You and I know that. But let's stay on topic.

Odin13:
Okay

We no believe am

Tell us your truth.. maybe you will convince Nigerians


He too is trying hard to convince us..

So what’s the truth?


Yoruba man..

According to Oando neither they nor their principal, Wale Tinubu has any such interest in any such facility, and what's more, they say the so called Raz Hansir does not even exist! This is an interesting one...can you show proof, then, that Raz hansir exists??

https://www.vanguardngr.com/2024/07/raz-hansir-oil-doesnt-exist-oando-denies-malta-links/

CorrectionFLuid:
Tinubu fought his way to power. You and I know that. But let's stay on topic.

If anonymous was wróñg about several things during the elections, what's the guarantee that it's right about this.
A group of people who lives on what appeals to their sentiments are easily swayed.

This is the kind of narrative that keeps circulating without any substantial proof.

Instead of throwing around baseless accusations, why not focus on the visible impacts of his policies?

Tinubu is working tirelessly to stabilize the economy and provide relief for the masses.

Let’s see the bigger picture and support the progress being made rather than getting lost in conspiracy theories.

It’s time to rally behind the leadership and hold accountable those who truly need scrutiny.

My point is this Tinubu as a president has all the data know the true state of Nigeria

So I expect there is a point I steal money to and then you just relax

Infact in Nigeria there is nothing dangote can do that someone worth 50 million dollars can't do in Nigeria

Flying a private jet now is 20 million ... 1.5 million dollars a year would cover 100 trips

Cars 2 million dollars can get u all cars u want in nigeria

So what exactly do this people want...

JagabanB:
If anonymous was wróñg about several things during the elections, what's the guarantee that it's right about this.
A group of people who lives on what appeals to their sentiments are easily swayed.

Like I said earlier, I'm bringing Twitter trend to nairaland for wider deliberation. You and I are not the determiners of right or wrong.

Tinubu has the antecedent for taking over lucrative juicy positions and businesses. For example, all markets in Lagos (which Edo women just protested against in Benin), all Lagos advertising. Just to name a few.

So by antecedents tinubu is quite capable of this. Whether or not it is actually true, is subject to revelation with time and resources. No I am not swayed. Don't come at me. Stay on the topic.

JagabanB:
LOL.
Oil cabals has been existing the military era, all of a sudden, Tinubu will overshadow all the cabals by cornering everything to himself.
No documents to back up claims by anonymous, everyone is circulating same thing.
Anonymous will make their profits from X and they will look for the next big thing to feed the people on.

Well you've mentioned oil cabals, not me. A Nigerian president has almost absolute power don't you think. Reason why we had to snatch it, grab it, and run with it.

One thing you can't deny is that this deserves investigation. Whether or not that investigation happens is a matter for another day.

Due to his antecedents, the average Nigerian will not vouch for president Tinubu if they were told he did this.

Faceless group is fake News group

Show your face and your evidence

CorrectionFLuid:
Like I said earlier, I'm bringing Twitter trend to nairaland for wider deliberation. You and I are not the determiners of right or wrong.

Tinubu has the antecedent for taking over lucrative juicy positions and businesses. For example, all markets in Lagos (which Edo women just protested against in Benin), all Lagos advertising. Just to name a few.

So by antecedents tinubu is quite capable of this. Whether or not it is actually true, is subjected to revelation with time and resources. No I am not swayed. Don't come at me. Keep it on the topic.

LOL.
Oil cabals has been existing the military era, all of a sudden, Tinubu will overshadow all the cabals by cornering everything to himself.
No documents to back up claims by anonymous, everyone is circulating same thing.
Anonymous will make their profits from X and they will look for the next big thing to feed the people on.

Yes, he’s been paying subsidy to himself since 1999.

I hope this guy is not asking for donations from the mobs shar. Because when they conjure news like this, the next thing is donation.

Enjoy your life my guy, fleece those headlessss mobs of their shikini money. Where is Hyundai self?

SmartyPants:
According to Oando neither they nor their principal, Wale Tinubu has any such interest in any such facility,a nd what's more, they say the so called Raz Hansir does not even exist! this is an interesting one...can you show proof, then that Raz hansir exists??

https://www.vanguardngr.com/2024/07/raz-hansir-oil-doesnt-exist-oando-denies-malta-links/

Budaatum see this

What's your source again

hisgrace090:
Fraud like never before.

Walahi talahi!

CorrectionFLuid:
^ Nobody should reply this idiot above. He wants to deflect the topic to himself. Let's stick to the topic please.

Na mumu man....Wetin concern what he's posting with the topic here

CyrusVI:
Budaatum see this

What's your source again

budaatum:
While I do agree with you, the "concocted lies" deserve some research.

I think you mistake me for someone who believes any of the unverified allegations made here when all I've said is "the "concocted lies" deserve some research", which is what you are doing here.

I did not claim Wale Tinubu has interest in Raz Hansir. Tinubu's interest in Oando does however concern me if it does not align with Nigeria's interest.

I'll just paste this here.

GerogeI:
@OP
You got a couple of things wrong, but yes, you are sniffing something, but Dangote is also not innocent.

1. Upstream oil production has no direct link to Downstream retail of petroleum products. So do not link Agip to petrol import, even though we know the acquisition by Oando might not have sailed through without Tinubu as president. But big oil companies are looking to leave Nigeria, all of them. Not just because of electric vehicles in future, but because Nigeria has constantly been annually forecasted for implosion since Niger Delta militancy in 2008.

2. How Wale Tinubu got to own Oando is another story altogether, but in 2016 he sold the down stream part of Oando to Vitol and Helios, cause of his poor forcast of oil prices in buying ConocoPhillips oil assets between 2013 and 2015. So Wale Tinubu has little or nothing to do with those Oando filling stations that NNPC just bought since 2016. Infact, one might say he was fighting to get them back since Tinubu became president. If you check House of Reps, supended the sale of OVH Energy assets by Vitol and Helios to NNPC, after money has been paid.

3. However, MRS and Oando have been long term competitors since 2010 or 2012, not sure of exact date. I can also tell you the Dangote Refinery as built by Dangote, was originally an Oando Refinery Proposal. How Dangote got them and implemented them is a mystery. So I expect there is a lot of bad blood between the two sides, especially if Wale Tinubu is watching a competitor implementing his pet Project which was botched from inside, by his own executives around 2011.

4. Monopolization of Petroleum products import was not started by Tinubu, but by Buhari, with northern business interests. Sometime early in his second term, he claimed to suspend subsidy payment, and them proceeded to run an arrangement where only NNPC could recieve subsidy for petroleum import. So since 2016 only NNPC has been importing petroleum products because any other person that does will make a loss. That is precisely why global petroleum Giant like Vitol, became desperate to sell Oando Marketing(OVH Energy), even though they could drown Nigeria in petrol and diesel without any forex problems. Infact that was why they entered Nigerian Market initially.

But someone was buying all those petroleum products for NNPC. Who? I think that's where Dangote comes in. Buhari's daughter even became a director in NNPC. I do not have a clear line of what went on, but one person has been importing petroleum products for all of Nigeria since 2016, that person or persons got so comfortable with it, that they invested in Dangote Refinery, after monopolising the industry. To get the magnitude, That single entity has been making the annually profits of Sahara Energy, OVH Energy, MRS, Forte Oil, Mobil (Retail Nigeria), Aiteo, Total, NIPCO, and all independent marketers, alone since 2016. All these companies became its indirect subsidiaries cause they could not import on their own and get subsidy. Let's not forget that this kind of monopolization of imports by NNPC was first executed using Ifeanyi Uba's Capital Oil around 2010. Buhari's Govt. took it to a new level.

This is the main origin, back yard nepotism. Dangote Refinery at its size and complexity, should not cost more than 5 billion USD, but its tagged at 20 billion USD. With Nigeria's FG originally owning 20% stake. 20% of 20 billion is 4 billion USD. It seems based on real value, Dangote Refinery was built entirely with funds from Nigeria's Federal Government. This seems like a typical pattern of a certain former CBN Governor, who is romoured to have facilitated the use of a banks depositors fund to enable the acquisition of same bank.

5. NNPC is still monopolizing petroleum products imports. Probabky as revealed, Only the new Zar is doing the import for NNPC. While Dangote is telling you this, he might not be telling how he might have benefitted from same monopoly under Buhari. Why do you think Otedola sold forte oil and invested in Dangote Refinery? Maybe the time of oil terminals has come to end for a new type of monopoly.


6. The Malta import angle is just an opportunity that arose for WaleTinubu, if its true. It can not be the long term plan.
Why? Dangote Refinery execution strategy, was based on the execution strategy in the original Oando Refinery plan. This was based on the Jamanagar Refinery owned by Reliance Industry India. It was built in 3 years using multiple contractor's and top notch project management which focused on keeping the battery limits between the contractor coherent and clean with the overall design. Dangote took same approach, using multiple Indian contractors, without the top notch project management for the battery limits. Jamanagar Refinery costed just about 3 billion USD in 2009. Dangote's cost 20 billion USD and is still not running more than the atmospheric distillation towers, which makes it only as complex as those drum refineries in Niger Delta bushes. So Dangote still cannot replace imports, until he is able to produce high octane petrol.

Wale Tinubu had every opportunity to build this Refinery since 2010, the plan was Oando's, there is no way he can compete with a Refinery using a Blending plant. To compete, he needs another Refinery. So competition cannot be his long term plan. Dangote on the other hand is drowning in the cost of a refinery that has a 400% cost over run. He needs special access to crude, and monopolistic access to sell whatever the Refinery is producing in order to survive.


The question here is who is right- Dangote and the mis-managed Oando Refinery Plan, or Oando and Buharis' oil monopoly. You tell me.

And this link too

https://www.nairaland.com/8166878/dangote-end-road-monopolist-soji