Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch - Business (2)

Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch (18757 Views)

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Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by sweetkev(m): 11:09am On Aug 07, 2024

Antoeni:
#EndBadGovernanceInNigeria. *CAN WE PONDER THIS HAVING IN MIND THE CHORUS THAT TINUBU NEEDS TIME TO REPAIR THE RUINS OF BUHARI YEARS*

Buhari needs time.... 1st year
Buhari needs time..... 2nd year
Buhari needs time..... 3rd year
Buhari needs time..... 4th year

Rig-elected.. Sorry, re-elected 😉

Buhari needs time....... 5th year
Buhari needs time...... 6th year
Buhari needs time...... 7th year
Buhari has done well.....8th years.
Now termed 8 years of ruins.

1.Tinubu's SGF - was Buhari's minister
2.Tinubu's Budget Minister was Buhari's minister
3.Tinubu's NNPCL GMD was Buhari's GMD
4.Tinubu's chief of staff was Buhari's House of Rep Speaker.
5.Tinubu's Senate President was Buhari's Minister
6.Tinubu's DG DSS was Buhari's DG DSS
7.Tinubu's SA coordination (Hadiza bala usman) was Buhari's sacked NPA boss.
Its like they think our MEMORY has a short fuse.

Our leaders knows that people forget so soon.

4 Likes

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by 3rockets(m): 11:10am On Aug 07, 2024

[quote author=iwaeda post=131377953]https://punchng.com/fg-spends-600m-on-fuel-importation-monthly-edun/[/quote

Me in 2015 knowing all of una wey vote Buhari and then Tinubu go hear am pass in 2024

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Gajagojo: 11:10am On Aug 07, 2024

tony0806:
With this, NNPC won't have a stake in the refinery. Either today or in the future.
Dangote 1 - 0 NNPC

in your mind you are making sense

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by ufotunang: 11:12am On Aug 07, 2024

Where is the fuel Dangote promised nigerians that Dangote refinery will start refining and producing in August 2024

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by POV25: 11:12am On Aug 07, 2024

iwaeda:
https://punchng.com/fg-spends-600m-on-fuel-importation-monthly-edun/

Ezekwesili's concern likely centers on the fate of the remaining 12.8% stake in the Dangote Refinery that was initially intended for NNPC to acquire. Given NNPC's decision to only hold a 7.2% stake instead of the planned 20%, questions may arise regarding the utilization of the funds borrowed for the intended 20% stake and the implications of not pursuing the full ownership as initially planned. Nawa o

2 Likes

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Haaland21: 11:13am On Aug 07, 2024

tony0806:
With this, NNPC won't have a stake in the refinery. Either today or in the future.
Dangote 1 - 0 NNPC

Its always good to read before spewing trash.

NNPC has 7.2 percent already

Be calming down

Nigeria would be great

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by amazingspiderma: 11:13am On Aug 07, 2024

The best thing for any company is to stay away from Federal Government.

All manufacturing companies with Nigerian government stake are extinct
1. NITEL
2. SUPERPRINT TEXTILE
3. AREWA TEXTILE
4. ALSCON
5. NAFCON
6. AJAOKUTA STEEL COMPLEX
7. REFINERY
8. ASAKA CEMENT
9. New Nigeria Newspaper
10. NORTHERN NIGERIAN DEVELOPMENT COMPANY

Dangote refinery is in safe hands now.

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Dpharisee: 11:15am On Aug 07, 2024

Salewa97:
This is a smart move by Dangote. Selling off that stake can help manage loan obligations effectively. NNPC's decision not to take up the full stake is puzzling, but at least Dangote remains focused on making the refinery a success. Let’s hope this divestment brings more clarity to the situation!

Too many gibberish from only you on different threads, jack of all topics, expert on none

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Haaland21: 11:15am On Aug 07, 2024

Lungs:
Agbadorians hope U all are felling the heat
Just wanna say hi to U guys

Always talking like drunk online.....

Noisemaker from the hateful region

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Blitzking: 11:16am On Aug 07, 2024

[b“Did the Nigerian government not tell us it borrowed $3.3bn from Afriexim-Bank to take a stake in the Dangote refinery?”[color=#990000][/color]][/b]

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by SpaceX: 11:17am On Aug 07, 2024

Hadone:
His refinery was ranked ~~the world's 7th best.~~ What a great achievement?

fake news!!! Largest you mean??

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Basicend: 11:18am On Aug 07, 2024

Thewrath:
Dangote was deceived!

The borrowed 3.3 billion dollars from Afriexim Bank to finance their stake in Dangote refinery.

Now that they have pulled out, what happened to the money? I am tired of the crooks we have handing core matters in this country esp. Oil and Gas space.

3 Likes

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Artscollection: 11:19am On Aug 07, 2024

The power that be is trying to undermine dangote and push his own. Na them dey blend oil abroad

2 Likes

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Basicend: 11:19am On Aug 07, 2024

Blitzking:
[b“Did the Nigerian government not tell us it borrowed $3.3bn from Afriexim-Bank to take a stake in the Dangote refinery?”[color=#990000][/color]][/b]

As usual a snake in their office has swallowed the money!

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by nedekid: 11:20am On Aug 07, 2024

POV25:
Ezekwesili's concern likely centers on the fate of the remaining 12.8% stake in the Dangote Refinery that was initially intended for NNPC to acquire. Given NNPC's decision to only hold a 7.2% stake instead of the planned 20%, questions may arise regarding the utilization of the funds borrowed for the intended 20% stake and the implications of not pursuing the full ownership as initially planned. Nawa o

Just as how the $100m payment for land is being met with silence.

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Lungs: 11:20am On Aug 07, 2024

Haaland21:
Always talking like drunk online.....

Noisemaker from the hateful region

Haahaa E pain egbon 🤣🤣🤣

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Niceme2020: 11:21am On Aug 07, 2024

Maybe Tinubu should buy the 12 per cent, Dangote cannot eat the money alone.

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by frog12: 11:26am On Aug 07, 2024

you still think that refinery is worth 20 billion dollars when others were built for a third of that amount ??

something dey wrong.

Salewa97:
This is a smart move by Dangote. Selling off that stake can help manage loan obligations effectively. NNPC's decision not to take up the full stake is puzzling, but at least Dangote remains focused on making the refinery a success. Let’s hope this divestment brings more clarity to the situation!

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Omokowa(m): 11:29am On Aug 07, 2024

manuelbreez:
The rich are also crying
Clean London used piano for sale
Price :60k
Location: Lagos

Model of piano is ...

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Niceme2020: 11:31am On Aug 07, 2024

The Dangote Refinery will work,they are only trying to agree on the sharing formula. Dangote should drop like 30 to 40 per cent stake. Only one Hausa man cannot chop the money alone.

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Tijani009: 11:31am On Aug 07, 2024

gaby:
I wan buy am...

Amucha m.f.b
8164085672
Alahaji tijani dangote
That's the account for the remaining stake
I will even make it round figure to 13% you na correct guy

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by IdeasYapayaski: 11:32am On Aug 07, 2024

iwaeda:
https://punchng.com/fg-spends-600m-on-fuel-importation-monthly-edun/

Sell it to the public please!!!

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by NeckingNgulping(m): 11:38am On Aug 07, 2024

If my bet9ja ticket enter, i go buy am.

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by frog12: 11:39am On Aug 07, 2024

i thought they say he don finish debt payment

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Princeton92(m): 11:39am On Aug 07, 2024

tony0806:
With this, NNPC won't have a stake in the refinery. Either today or in the future.
Dangote 1 - 0 NNPC

Can Innoson buy it? 🤔

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by OPICANTO2223: 11:39am On Aug 07, 2024

Am sure the refinery may not work. It's another white elephant project

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by GreenxGreen: 11:49am On Aug 07, 2024

This Country is Gone to Corruption 😞😞😞

Is just a matter of time..............
NIGERIA go collapse !!!

Let BIAFRA be

Let Oduduwa be

Let Arewa Republic be

Let Niger Delta Republic be

Let Benin Kingdom be

Lat Meddle Belt Republic be

Let every region go their own way please 🥺🥺

1 Like

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by GreenxGreen: 11:50am On Aug 07, 2024

jyz200:
NNPC is full of corrupt individual

See one of the nonsense Mugu

2 Likes

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by GreenxGreen: 11:51am On Aug 07, 2024

Antoeni:
#EndBadGovernanceInNigeria. *CAN WE PONDER THIS HAVING IN MIND THE CHORUS THAT TINUBU NEEDS TIME TO REPAIR THE RUINS OF BUHARI YEARS*

Buhari needs time.... 1st year
Buhari needs time..... 2nd year
Buhari needs time..... 3rd year
Buhari needs time..... 4th year

Rig-elected.. Sorry, re-elected 😉

Buhari needs time....... 5th year
Buhari needs time...... 6th year
Buhari needs time...... 7th year
Buhari has done well.....8th years.
Now termed 8 years of ruins.

1.Tinubu's SGF - was Buhari's minister
2.Tinubu's Budget Minister was Buhari's minister
3.Tinubu's NNPCL GMD was Buhari's GMD
4.Tinubu's chief of staff was Buhari's House of Rep Speaker.
5.Tinubu's Senate President was Buhari's Minister
6.Tinubu's DG DSS was Buhari's DG DSS
7.Tinubu's SA coordination (Hadiza bala usman) was Buhari's sacked NPA boss.
Its like they think our MEMORY has a short fuse.

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by SmartyPants(m): 11:53am On Aug 07, 2024

tony0806:
With this, NNPC won't have a stake in the refinery. Either today or in the future.
Dangote 1 - 0 NNPC

It retains a 7% stake. Try not to make misinformed comments.

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by Ashirioluwa: 11:57am On Aug 07, 2024

Those who are in charge of fuel importation are making big money for themselves, and they would do all in their power to sabotage Dangote and his refinery business.

2 Likes

Re: Dangote Refinery To Sell Remaining NNPC 12.7% Stake – Fitch by ShogunNoName: 12:01pm On Aug 07, 2024

iwaeda:
Business ended in bitterness, for those of us waiting for fuel in August, 24 more days to end it, Nlfpmod.

Mr iwa as you age wisdom is expected. You are over 50 years sir come on undecided

1 2 3 4 Reply

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