₦airaland Forum

tunjijones:
I don't really understand what's going on with dangote and FG. But I notice dangote wants everything to go smoothly like it has always been.

Shey Dangote don dey produce and sell locally made diesel for more than 3 months now. Did it change anything in the economy? Did the price of diesel go down?

You should be complaining about the government refineries that aren't working instead.

Abi you dey follow benefit from the Malta oil import?

Anytime I get complains from Dangote and his group of companies I am infuriated.
He lacks the moral rights to do so as the Nigerian govts have continually favoured his business from which the citizens have not really benefitted from.
He should go and make peace or keep shut.

bizzibodi:
This refinery is not well thought out,why build a 600bbl/d d largest in d world without first securing a supply deal,why not secured oil wells first,no questions ask why other given refinery licence over d years refused to build?he thought because he is Any government in power friend (AGIPF) he will always have his way...not knowing their is "No permanent friend but permanent selfish interest".

I don't understand why you think he should have secured a supply deal before building a refinery.

It's like saying, one needs to get a sewing contract before learning how to sew or opening a tailoring shop.

What's the sense in that?

Jackanda1:
I don't understand why you think he should have secured a supply deal before building a refinery.

It's like saying, one needs to get a sewing contract before learning how to sew or opening a tailoring shop.

What's the sense in that?

Is this about sewing clothes how do you folks reason...we are talking of $20bn refinery d largest in d world.you dnt know you sign crude sale/purchase agreement before you can get assured crude oil supply for years without disruption?you dnt know Nigerian crude oil which even below opec quota has buyers on ground already even loans has been taken for promise to supply crude oil to creditors.nnplc has no much crude to give dangote refinery.
That is how Lagos built a big Imota rice mill but cannot get rice to mill.

bizzibodi:
Is this about sewing clothes how do you folks reason...we are talking of $20bn refinery d largest in d world.you dnt know you sign crude sale/purchase agreement before you can get assured crude oil supply for years without disruption?you dnt know Nigerian crude oil which even below opec quota has buyers on ground already even loans has been taken for promise to supply crude oil to creditors.nnplc has no much crude to give dangote refinery.
That is how Lagos built a big Imota rice mill but cannot get rice to mill.

So the conclusion is that Dangote wasted money building a refinery.!?

Jackanda1:
So the conclusion is that Dangote wasted money building a refinery.!?

Let keep our fingers cross & see how he is going to navigate this mucky water.you don't use all your body to test d dept of unfamiliar water.

KingOfTheDamned:
Too many illiterates on this forum. Opec quota only applies to what you export.
You can produce unlimited amount and supply unlimited amount locally within your country.

keep quite if you don't understand a topic next time

Even at that I doubt Nigeria has d capacity to produce more barrels,of the 100% below Opec quota produced 60% end up be stolen, remaining 40% which bearly meet foreign partners demand.

ecolime:
Dangote refinery must not be allowed to fail. Government should support the business to our own advantage.

NNPC can allocate 300,000 barrels to him solely for refining and sales in the Nigerian Market at a reasonable price. They should sell the crude to him in Naira.

Then he can buy the difference from abroad or IOCs here in dollars, refine and export to other countries and make good money too.

It's a win-win for everyone.

Dangote himself should know he can't get the full 650,000 barrels per day locally. Previous and current administrations have already used most of what we currently produce to take foreign loans with little or nothing to show for it. And we have to fulfil those obligations. That's the sad reality of things.

You've spoken very well! The Federal Government has adopted most of your suggestions today. Let's wait and watch as events unfold.[color=#000099][/color]

kayusely70:
You've spoken very well! The Federal Government has adopted most of your suggestions today. Let's wait and watch as events unfold.[color=#000099][/color]

I read it in the news this evening. I am glad they took that step. Just sad it took them this long.

Anyway, it's better late than never.

Paid fools, a man's enemies are members of his household, the nonsense regulatory body that did not even have a common Lab what are they regulating? The fuel the is spoiling people's car by the day is Dangote that is producing it?

ecolime:
Dangote refinery must not be allowed to fail. Government should support the business to our own advantage.

NNPC can allocate 300,000 barrels to him solely for refining and sales in the Nigerian Market at a reasonable price. They should sell the crude to him in Naira.

Then he can buy the difference from abroad or IOCs here in dollars, refine and export to other countries and make good money too.

It's a win-win for everyone.

Dangote himself should know he can't get the full 650,000 barrels per day locally. Previous and current administrations have already used most of what we currently produce to take foreign loans with little or nothing to show for it. And we have to fulfil those obligations. That's the sad reality of things.

You got this right. President took heed to this advice.

DOM7:
Paid fools, a man's enemies are members of his household, the nonsense regulatory body that did not even have a common Lab what are they regulating? The fuel the is spoiling people's car by the day is Dangote that is producing it?

These are some paid bastards hired by that stupid NMDPRA and Mele Kyari to give them little media cover. The donkeys sound like they don't know what this is about.


Enemies from home.

You dare not do this to an igbo man with such investment - the whole of SE would stand with him.

Dangote should abide to law , he has inflicted hash policy to make sure upcoming companies fold down