₦airaland Forum

Zionmdde:
For God's sake we are tired of all these "will will will"

Just sharrap and do your business and when the product is ready then you let us know

Some people will mistakenly go and buy water now thinking they bought dangote fuel meanwhile the fuel is not yet in the market. After all the Cho Cho Cho Cho Cho for some years now

Very true… Dangote has been disturbing every with the news of his refinery and it is getting boring.

Dangote should just sharrap and do his business and let Nigerians rest with all these noise

Nawa o

Wish him well. But I doubt if that also will drive down the cost inorder to bring down the price.

At least Dangote is creating jobs...

Okay

maasoap:
May be 1200 naira, price fluctuates

ooh ok thanks ... hopefully same magic will happen when they finally conclude to a price for petrol.

Salewa97:
Good news

Nigeria is gradually becoming self sufficient in some products. This is a good development

has the goodness impacted your life or u are just typing.These guys are playing on the intelligence of Nigerians.

Big name

dre11:
Dangote Refinery Begins Polypropylene Production In October, Curbing Nigeria’s $268m Import



https://leadership.ng/dangote-refinery-begins-polypropylene-production-in-october-curbing-nigerias-268m-import/

remember he is a businessman not father christmas

LIES! LIES!! and more LIES!!! Nigeria and Nigerians are NEVER tired of telling LIES!

Dangote this, Dangote that, I pray make the refinery catch fire, make I see wetin NNPC & APC go do next, hopeless government

Ijaya123:
BUA Cement is sold for N3,500 per bag. Why the fixation on Dangote cement?

Who is the major influencer in cement business in Nigeria?

Dangote this, dangote that. Still the masses cannot feel the effect... Imagine having the richest man as a citizen of your country, and still a lot of people are still in abject poverty

Indoroma, forma Eleme petrochemicals use to produce it, what happened?

EvilMerodack:


If you ask Dangote, he really thinks the first few months of PBAT is a success. Why?

He believes so because he(Dangote) has has been able to attain his highest level as a Businessman and an Investor under this regime


A new Govt, a new level for Local investors and the biggest opportunities abound for them now


God bless whoever made it possible for Dangote to do this
God bless Dangote

Is it not this same government that has been frustrating this same refinery since it started production? The same government that is about to drive the man into selling his petrol overseas? No de whine us o ogbeni.

Smallieee:
Dangote this, dangote that. Still the masses cannot feel the effect... Imagine having the richest man as a citizen of your country, and still a lot of people are still in abject poverty

government is the problem

dre11:
Dangote Refinery Begins Polypropylene Production In October, Curbing Nigeria’s $268m Import



https://leadership.ng/dangote-refinery-begins-polypropylene-production-in-october-curbing-nigerias-268m-import/

End of bohla market.

Those who mixing used plastic with rasin na badmarket don begin.

Exactly as Innosson is cheaper than new Toyota

immortalcrown:
By the time the production starts, we will hear why the product cannot be affordable.

Cement price remains the forecast for the price of whatever Dangote will bring. Nigerians were told that Dangote refinery would slash the price of fuel. Today, we dey hear say Dangote na business man, say him no be father Christmas.

Another dollar demand eliminated! Baba Dangote, ride on and singlehandedly develop this country.

symbianDON:
government is the problem

exactly

Fuel price go reduce?

EvilMerodack:


If you ask Dangote, he really thinks the first few months of PBAT is a success. Why?

He believes so because he(Dangote) has has been able to attain his highest level as a Businessman and an Investor under this regime


A new Govt, a new level for Local investors and the biggest opportunities abound for them now


God bless whoever made it possible for Dangote to do this
God bless Dangote

This Is Good News for Nigeria!
Anything that will put NNPC to where they belong to - is good for Nigeria.
Dangote- well done 👍

EvilMerodack:


If you ask Dangote, he really thinks the first few months of PBAT is a success. Why?

He believes so because he(Dangote) has has been able to attain his highest level as a Businessman and an Investor under this regime


A new Govt, a new level for Local investors and the biggest opportunities abound for them now


God bless whoever made it possible for Dangote to do this
God bless Dangote

Dude stop this display of foolishness naaaa

This is good news for my small scale manufacturing business, let's see if the price will beat the imported ones.

dre11:
Dangote Refinery Begins Polypropylene Production In October, Curbing Nigeria’s $268m Import



https://leadership.ng/dangote-refinery-begins-polypropylene-production-in-october-curbing-nigerias-268m-import/

Better make he no produce for us o. Na the petrol he produced increased the cost if petrol to ₦1500/litre
Leave am make dem dey import am abeg

dre11:
Dangote Refinery Begins Polypropylene Production In October, Curbing Nigeria’s $268m Import


The Dangote Refinery is set to begin polypropylene production by the end of October 2024, effectively curbing Nigeria’s imports of the product which is a crucial raw material in various industries, including packaging, textiles, and automotive parts.

Chairman of Dangote Group, Aliko Dangote, announced that as the refinery edges closer to full operational status, it will meet the local demand for polypropylene, previously reliant on imports valued at approximately $267.7 million annually.

This shift is expected to significantly benefit various industries, including packaging, textiles, and automotive manufacturing, which have faced challenges due to foreign exchange issues and long shipping times.

Dangote emphasised that the refinery is prepared to supply the market fully, alleviating the struggles of local manufacturers who have had to stockpile due to import delays.

The production of polypropylene will not only reduce costs associated with importation but also enhance the stability of the Nigerian economy by decreasing reliance on foreign products. With this development, Nigeria aims to become self-sufficient in polypropylene production, marking a significant milestone in its industrialisation efforts.

“Let me assure you of one thing, Nigeria from October will not import any more polypropylene, which used to be about a quarter of a million tons,” he said. “No more imports of polypropylene.”

Polypropylene, a versatile plastic used in a wide range of applications from packaging and textiles to automotive parts and medical equipment, is currently imported in large quantities by Nigerian manufacturers.

Annual polypropylene import into Nigeria is estimated at $267.7 million, according to TradeMap, which peaked at $407 million in 2022.

The latest data by the National Bureau of Statistics (NBS) revealed that the country brought in the product valued at N99.6 billion in the first quarter (Q1) of this year, placing it at number 12 on the top 15 products imported by Nigeria from the rest of the world.

“We will satisfy the market 100 percent,” said Dangote. “This is so because these industries that are struggling and having to go and look for FX that they will not get and still have to keep stock for four or five months because it’s not easy shipping, clearing, and whatever, can buy as they need.”

He noted that the refinery is determined to do this because it will reduce the cost of importation and scramble for foreign exchange.

“We are also in the business. And our demand also as Dangote is huge. We have Dangote Packaging and are one of the biggest demand users of polypropylene,” he added.

Saudi Arabia, South Africa, South Korea, China, and Vietnam were the top importers of polypropylene into Nigeria in the first quarter of 2024, covering 90 percent of Nigeria’s demand.

Polypropylene is a versatile plastic used in a wide range of packaging applications. It’s often preferred over materials like cellophane, metal, and paper due to its flexibility, durability, and cost-effectiveness.

It is used in food and confectionery, tobacco, and clothing industries in flexible form while in rigid form, polypropylene can be found in caps, closures, pallets, crates, bottles, JIT storage solutions, and containers for products like condiments, detergents, toiletries, and yoghourt.

Polypropylene’s versatility and benefits make it a popular choice for packaging across many industries.

“The polypropylene market is growing rapidly owing to the rising demand from the packaging industry. This high demand is associated with the increasing consumption of packaged food and beverages,” said Fortune Business Insights, a research firm.

“It also helps in reducing the possibility of food deterioration and quality loss.”
https://leadership.ng/dangote-refinery-begins-polypropylene-production-in-october-curbing-nigerias-268m-import/

That's a HUGE market base for polypropylene and a GREAT source of FX inflows.

Crude oil is like palm tree.
Everything including the byproducts are useful.

This one just dey shook head into any business, if he like make him no do beta homework on this new venture before he kick it off. No be to jump enta polypropylene production, hope cabals no get interest in the business already. Na just to avoid story that touch because Dangote wey no dey talk before done turn to talkative under this administration all because of the refinery business wey him venture into. Make him do his assignments first oo because he too talk now. Na so he go first hype the business as if there is something extraordinary he will add to our lives

Dannyset:
With the Forex Nigeria will save through this Dangote Refinery, if by early next year Naira did not strengthen against the dollar then Nigeria problem is spiritual.

U won't save any FX... Dangote doesn't trust the system, hence all his FX earning are kept in a foreign bank in Switzerland

Also start the production of kerosene.. kerosene is 1500 naira to a litre...many poor nigerians use kerosene to cook..if kerosene is produced in your refinery it will be cheap and affordable for nigerians

Salewa97:
Good news

Nigeria is gradually becoming self sufficient in some products. This is a good development

Honestly we just can't wait!