Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project (15636 Views)
| Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by God1000(op): 8:17am On Oct 18, 2024 |
African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. But his mood suggests a man who just built his dream house only for the roof to start leaking.https://www.bloomberg.com/news/articles/2024-10-17/dangote-s-wealth-jumps-15-billion-on-monster-nigeria-oil-project? 16 Likes 2 Shares
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| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by God1000(op): 8:17am On Oct 18, 2024 |
Congrats to him, he's our Elon musk But the fact that Nigerians cannot afford to buy his petroleum products isn't good 68 Likes 8 Shares |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Olaide1295: 8:32am On Oct 18, 2024 |
Congratulations to Alhaji. He deserves it. Consistently investing his money in Africa and doing the difficult projects. 35 Likes 1 Share |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by voiceless1(m): 8:33am On Oct 18, 2024 |
Dan go teyyyy 4 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by BigDawsNet: 8:33am On Oct 18, 2024 |
His my uncle 6 Likes 1 Share |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Quelme: 8:33am On Oct 18, 2024 |
Capitalist 36 Likes 2 Shares |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Skoonheid(f): 8:33am On Oct 18, 2024 |
VOICE I passed by a wicked man with a cold-blooded nature; I looked, and he seemed as large as a cedar of Lebanon. WEB I have seen the wicked in great power, spreading himself like a green tree in its native soil. WYC I saw the wicked man enhanced above; and raised up as the cedars of Lebanon. (Once I saw a wicked man exalted; yea, raised up as high as the cedars in Lebanon.) YLT I have seen the wicked terrible, And spreading as a green native plant, 4 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by mrjoeblinks: 8:33am On Oct 18, 2024 |
Ehen? . Issorryt |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Ikaeniyan0: 8:33am On Oct 18, 2024 |
Congratulation to him 3 Likes 1 Share |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by gboyetade: 8:34am On Oct 18, 2024 |
Incredible 1 Like 3 Shares |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by SlavaUkraini: 8:34am On Oct 18, 2024 |
Aliko Dangote is far Richer... Wait until he lists this Oil Refinery in the Stock Market. Then Dangote's Net worth would be calculated to be in the region of 💰40billion 30 Likes 3 Shares |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Firerising(m): 8:34am On Oct 18, 2024 |
He is just all about himself. 9 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Miramonica: 8:34am On Oct 18, 2024 |
My uncle and mentor is doing well, I love that. 4 Likes 1 Share |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by SoftP(m): 8:34am On Oct 18, 2024 |
Dangote’s business monopoly has never favored the poor’ The price of fuel will soon merge up the price of his cement! Smart business man though 15 Likes
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| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by AutoManual: 8:35am On Oct 18, 2024*. Modified: 5:37pm On Oct 18, 2024 |
I still think it's too late for mega refinary project. Combustion engine is on the last stage of it peak. No world billionaires will build a mega refinary at this time as they consider future and long time projects. In the next 20-30 years combustion engine will likely phase out in developed world. In places like China recharge cars, scooter, truck and bike has already taking over. In Nigeria for example we don't buy new cars, instead we buy used cars from develop world. What this means is whatever they use is what we buy If they complete stop combustion engine and move to electric it only means on the next 5 to 10 years those cars will end up here. So there is no future in oil. Dangote should think about making engine oil and other products in other to recoup money wasted on that refinary on time. Those quoting me. Not saying combustion engine will not be in use in the next 200 years. Only saying it usage will reduce drastically and low market. 16 Likes 1 Share |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Salubata(m): 8:35am On Oct 18, 2024 |
 Why is FG and Dangote not publicly declaring the barrel of oil being supplied to the refinery Nigerians are not happy. It's not a crime we voted Tinubu 2 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by slaawomirr: 8:35am On Oct 18, 2024 |
Damnnn niggar Isoright 1 Like 1 Share |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by ecomalchemistt(m): 8:35am On Oct 18, 2024 |
Ok |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Cj4charles(m): 8:35am On Oct 18, 2024 |
Why won't it double when he his the sole buyer of Nigeria, he's now determines our suffering. If he chooses to sell petroleum at N2000, no other refinery will sell below that not even NNPC.... Shame 8 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by ayindejimmy(m): 8:36am On Oct 18, 2024 |
God1000:The bolded speaks of his true intention of building the refinery 4 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by datola: 8:36am On Oct 18, 2024 |
Congratulations to Africa's biggest risk taker! 7 Likes 2 Shares |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by NinjaMetahuman: 8:36am On Oct 18, 2024 |
Double the wealth seems kind of understated. If dangote is an American, they would have over inflated his networth figure with bogus numbers by now 😂 18 Likes 2 Shares |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Chetas81(m): 8:36am On Oct 18, 2024 |
God1000:development is not in Nigerian dna,how does it help you, you this Nigerian citizen |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Kizzygentle: 8:40am On Oct 18, 2024 |
In as much as I would love to say a big congrats to him, it's also not in our favour as we thought so it's just irrelevant to me. As far as it didn't change a thing or made the economy easier as we thought, that's non of my business. I can never praise what I don't benefit from except God almighty who keeps me alive despite the difficult times. 5 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Abagworo(m): 8:40am On Oct 18, 2024 |
He has done a lot for Nigeria and Nigeria has done a lot for him. Congratulations to all time richest black man 4 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Emu4life(m): 8:44am On Oct 18, 2024 |
Normally. Lol |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Emu4life(m): 8:45am On Oct 18, 2024*. Modified: 6:19pm On Oct 18, 2024 |
NinjaMetahuman:I tell you. They would have added audio shares to his Company. The American Media would have been comparing his 'New Oil Dynasty ' to ARAMCO. Bunch of clowns 8 Likes 2 Shares |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by Boyooosa(m): 8:46am On Oct 18, 2024*. Modified: 9:02am On Oct 18, 2024 |
They almost died him up....wicked pipou! |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by diamond68: 8:47am On Oct 18, 2024 |
2 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by HIGHESTPOPORI(m): 8:47am On Oct 18, 2024 |
Congratulations |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by amazingspiderma: 8:48am On Oct 18, 2024 |
A refinery opens up a lot of industries such as 1. Plastics industries - PVCs, Polyethylene etc. 2. Gas industries - Gas from. petroleum 3. Agricultural industries - Fertilizer manufacturing 5. Utilities - Water, Power to communities. 6. Skills and experience - Engineers, technicians, Accountant, Risk and Insurance, Environmental Scientist. 7. Education - Most big industries like refineries provide schools because of the size of workers and their household. 8. Corporate Social Responsibility - like scholarship schemes, health centers etc. A refinery has the potential to build lives and creat wealth in enormous ways. When Nigeria built it refineries, it set it sights on steel as the next phase of it development. That is how a country is build, by developing it's resources through it's people for the benefit of it's people. The fall of the NNPC was the greatest tragedy Nigeria ever encountered. 6 Likes |
| Re: Dangote’s Wealth Doubles To $28 Billion On ‘monster’ Nigeria Oil Project by redcliff: 8:48am On Oct 18, 2024 |
God1000:Elon musk makes things that benefit his economy. What doesdangote do yo benefit nigeria ecinomy? 4 Likes |
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