₦airaland Forum

ednut1:
The cheap dollars he got from cbn is not incentive?

U dey mind d idiot.He got regular dollar frm CBN at a time nigeria was strugging wit foreign exchange.

ivolt:
What kind of joke is this?

Fact is not joke. Asides cheap dollar or forex, what did govt do?

Oga don't generalised. Just mention Nigeria

Anither563:
We need to do more to make Nigeria a top refining hub.
God bless Nigeria for ever!

Just sell the three government refineries to local oil producers like Seplat and Consolidated Oil Limited: Lekoil Nigeria Ltd, and you will see the take-off of Nigeria's petrochemicals and oil industry. Get the government NNPCL out of the industry.

ivolt:
What kind of joke is this?

Joke? What stops the government from building their own if they have anything to offer.... Useless Buhari and Tinubu government

ivolt:
What kind of joke is this?

All of imports for that project was tax free..... That statement is false

Dangote should keep his advice 1st and talk about the price of his fuel which nobody knows even after 3weeks of PMS being ready at his refinery.

ednut1:
The cheap dollars he got from cbn is not incentive?

God bless you, where's the Dummy Godwin Emefiele? These people are evil. When will say Dangote is part of the problem uninformed midgets will come for me.


We rise by lifting others

Dangote should buy all NNPC Refineries.

Then....

Buy out all crude oil mined in Nigeria. No drop of oil should be exported.

Then...

Nigeria becomes exporter of refined products to the world.

We should stop exporting raw materials.

Good point with the Norwegian Sovereign fund.

CodeTemplarr:
Fact is not joke. Asides cheap dollar or forex, what did govt do?

What do you consider an incentive? Free money?

Its called official forex not cheap forex.
And it made a huge difference when the difference between official and black market was huge.
Also, massive import waivers of construction equipment all giving him up to 40% reduction in cost.

It isn't an accident that Emefiele became the unofficial spokesperson for the refinery, the then government
treated it like a government project.

Newsmills:
Loans to build houses for their children in foreign land,they attend good schools outside the country,come back home and continue where their fathers stop with the slaves.

And it continues that way forever and ever. Nigeria can never get better

For that kind of huge project, the government is supposed to support with some incentives but I believe the project was supported by Bill Gates... It takes more than just money to build a project as huge a refinery, the same refinery they country failed at building for several years.
Dangote has made a great effort

THE BRAIN BEHIND THE WORLD'S FORTUNE

ednut1:
The cheap dollars he got from cbn is not incentive?

first thing I thought

ivolt:
What kind of joke is this?

The 2 billion FG gave was collected back.

Yusufisraelj:
The 2 billion FG gave was collected back.

FG never gave 2 billion.
If you mean the NNPC stake, that is not an incentive, it is an investment.