₦airaland Forum

Kennitrust:
you have not told us how Dangote monopoly on cement products that had local crude, has helped Nigeria.

Innocent is producing clean cars and no one is fighting for it to be the sole supplier of vehicles in the country.


What has Dangote done to alleviate the pain of Nigerian?

Boom!

sulaak:
Here's some information about Nigeria's cement industry:
Major players
The three largest cement producers in Nigeria are Dangote Cement, BUA Cement, and Lafarge Nigeria:
Dangote Cement: The largest cement producer in Nigeria and sub-Saharan Africa, with 60% of the domestic market share
BUA Cement: Second largest, with 20.4% of the domestic market share
Lafarge Nigeria: Part of the Holcim Group, with 19.5% of the domestic market share
New player New $1.5bn Mangal cement plant launches in Kogi
With a production capacity of 200 trucks of cement daily, the facility is expected to create 10,000 direct jobs and numerous indirect employment opportunities

There should be way more than this 3 cement producers in the country especially for a country of 230 million. This is why there is so much inflation in this country smh.

Dangote, fg and nnpcl dey mad.

Only a foolish person would not have noticed this glaring fact from the day the greedy spoon-fed idiotic crybaby dreamt about starting a refinery project.

wirinet:
You should advocate for opening up the markets instead of killing local markets with importation.
Dangote can never compete with international oil mafia. You thing the international oil traders are happy with Dangote?

In this case, the international oil mafia's are the lesser devil's

Dangote is just focused on how to solely flinch the living daylight out of the average person because of the decayed system of things in the government

Why would imported fuel be cheaper than petrol refined locally?

That Man is obviously up to something.

integrity16:
When we say Nigerians are the problem of Nigeria, your comment is exactly what we meant.

Actually it's the other way around

It's this your very delusion that Dangote is a knight in shining armor

nesphil:
Talking trash as always.

Nigerians couldn't buy Dangote cement, so they won't be able to buy his refined petroleum products either.

So why is INNOSON and other local automobile manufacturers don't go to court to sue importers of foreign automobiles into the country.

If imported refined petroleum products are now cheaper than the ones that Dangote produces locally, then importers should go ahead and import.

This exploitations for financial gains must stop.

God bless you for replying that Mofo

I don't know how some people in the name of politically correct starts to write foolish things

Someone wants to obviously do what he has been notoriously known for, but this time on petrol for the vast profit it will bring and he doesn't care if Nigerians drain their blood's to get it, and one idiot educated illiterate is making excuses for him.

Balistic4:
APC ronus that know absolutely nothing and have absolutely no idea of what is going on and neither do they matter in the scheme of things will come out just like an empty barrel to make noise everywhere.

"Dangote is here to save the day" they say

One of the reason why scientists assumed that the earth is round is because other planetary bodies surrounding earth are round!!

Similarly someone looking to know if Dangote refinery is truly here to help should look at other dangote industries, did they benefit common man? The answer is NO!

Fools do same thing and expect different results

Na you no sabi anything

yarimo:
Solve nigeria problem and DANGOTE start from #990 per liter? You must be a kid with free bonus data to post rubbish online

This time, I stand with you

WorkTheTalk:
Don’t be silly. INNOSON and Co can't meet the car demons in Nigeria. There hundreds of car brands in Nigeria, INNOSON can't forced everyone to buy and drive INNOSON

The day Dangote will start making car's, he will definitely force compel the government to ban importation of foreign Brand's.

Rest

Those who think Dangote is a messiah, you are joking.
Dangote have been short changing Nigeria for year's.
He wants to control everything.
He is one of the reasons why cement and sugar is very expensive.
He is Not a good man as many thinks.
Is time they break his monopoly.
To hell with his refinery.

Zico5:
I said it earlier on one thread here but one guy was defending Dangote that I should ask my father to build refinery. If anyone tell u that Tinubu doesn't have larger share and interest in Dangote refinery then you are living in delusion. Dangote is just a front on this refinery and if care is not taken these people will ruin this country and there will be nothing left. How can a president be looking on for one man to monopolise petroleum industry. NNPC and other stakeholders know the truth of what's happening and that's why they created petrol scarcity so that Dangote can have his way there by putting more misery on the masses. Tinubu should know that his children will suffer for all these hardship on the masses. It's just a matter of time

What does PIA say. This is not about emotions.

Balistic4:
Awesome! Then let's handover Nigeria to him. We owe him everything we are today. Had Dangote not emerged, Nigeria would have finished. Without Dangote cement, cement would be sold for 100k per bag. With Dangote refinery, fuel will be sold for #100 per liter. Jobs are overflowing everywhere.

Also mind you, Nigeria had nothing before Dangote came aboard. Even the refinery, dangote got the funding from his pocket, Nigeria never played a role in it

Those idiots must still be kid's leaving under their parents roof eating and enjoying "papa thank you" one of the reasons they make ridiculously stupid comments in the name of sounding intelligent.

ntyce:
You're a dunce, a big one...

How did Dangote start his Rice, Wheat, sugar, Pasta and cement businesses?
He was a major importer of these items before going into their production.

Not just big, a gigantic one

Balistic4:
APC ronus that know absolutely nothing and have absolutely no idea of what is going on and neither do they matter in the scheme of things will come out just like an empty barrel to make noise everywhere.

"Dangote is here to save the day" they say

One of the reason why scientists assumed that the earth is round is because other planetary bodies surrounding earth are round!!

Similarly someone looking to know if Dangote refinery is truly here to help should look at other dangote industries, did they benefit common man? The answer is NO!

Fools do same thing and expect different results

This your talk is careless assumption.

The Nigerian government has four refineries, have you asked yourself why none is fully functional till date?

Go and check the house committee that investigated the fuel import in 2012 when goodluck wanted to remove subsidy and how much the Nigerian government paid for no fuel. Check how otedola bribed the chairman of that committee to look the other way.

Before you talk have a little restrain to look at both sides of the story, so that your assessment can come with a perspective of balance.

WorkTheTalk:
Nigeria is a conglomerate of illiterates, courtesy of the thiefing political class. When the corrupt politicians pretend to be on the side of the masses to keep looting the treasury, you hear them accusing people like Dangote of monopoly in the oil sector, whereas for over 30 years, they kept stealing the money meant for fixing the refineries to produce the fuel locally. They use the same stolen money to import fuel, and collect subsidy benefits.

When did Dangote stop NNPC from fixing the refinaries, or approving private companies to build new refinaries to produce fuel locally for a fair market competition? Dangote knows is right as a local producer, and he has approached the court. Whoever believes that Dangote is aiming at the so-called monopoly in the oil sector should approach the cout too.

How can someone produce goods locally, and you import same product to sell in the same market, and call that competition?
Don’t be fooled by all the noise from NNPC and all its affiliates. They want to turn Nigerians against Dangote so they can keep importing fuel, and steal from the treasury in the name of subsidy.

If the oil giants are afraid of oil sector monopoly by Dangote, let them build refineries, and produce fuel locally. They have crude oil locally to produce fuel.

Every sane person knows that the best economy is when there is local production, rather than importation. Even the thiefing politicians know this, but they will try all means to control Dangote, or blackmail him to support their reason for continuous fuel importation.

Absolutely.

aminulive:
https://politicsnigeria.com/exclusive-court-documents-expose-dangotes-attempt-to-monopolize-petroleum-industry/

There is nothing like monopoly, this are same people that don't won't Government own refinery to work, so that they can be milking the country, thy should stop importation, let the Government sell of the 3 own refinery to private individual, to take off for healthy competition, plus all modular refinery. competition is allowed among those that
refine, not importers ,against importation from now.

Balistic4:
APC ronus that know absolutely nothing and have absolutely no idea of what is going on and neither do they matter in the scheme of things will come out just like an empty barrel to make noise everywhere.

"Dangote is here to save the day" they say

One of the reason why scientists assumed that the earth is round is because other planetary bodies surrounding earth are round!!

Similarly someone looking to know if Dangote refinery is truly here to help should look at other dangote industries, did they benefit common man? The answer is NO!

Fools do same thing and expect different results

No Dangotes's business benefitted anyone in terms of sustainable and fair economic gains. People always say he created jobs and I say yes, but the cocaine and other hard drug businesses also create jobs. Even armed robbery gangs,and other organized crimes create jobs too.

So what are we talking about.

NwokoloOwa:
No Dangotes's business benefitted anyone in terms of sustainable and fair economic gains. People always say he created jobs and I say yes, but the cocaine and other hard drug businesses also create jobs. Even armed robbery gangs,and other organized crimes create jobs too.

So what are we talking about.

.

You well so.

davidif:
There should be way more than this 3 cement producers in the country especially for a country of 230 million. This is why there is so much inflation in this country smh.

Inflation is linked to the oversupply of the Naira; more Naira were chasing fewer products due to the Buhari government's Ways and means of printing money.

The high level of foreign borrowing witnessed Nigeria's debt profile peaking at $110.

sulaak:
Inflation is linked to the oversupply of the Naira; more Naira were chasing fewer products due to the Buhari government's Ways and means of printing money.

The high level of foreign borrowing witnessed Nigeria's debt profile peaking at $110.

Yes, printing money is one way of creating inflation but monopolies are also another way. Monopolies are so counter productive in many ways and one of them is if you have only one player in an industry, they can set prices to whatever they want but if there is competition then they will be competing with other players for market share afterall consumers tend to want things at good quality and reasonable prices.
Also, the more players you have in the market, the more people they hire and the more they reduce unemployment. This Is one of the major problems with the Nigerian economy. If the govt didn't decide who and who should be a player in the economy (through bribes and other nefarious means) then boy oh boy will the Nigerian economy be soaring right now. The fact that they can't connect their bad policies with the high levels of unemployment we have now is astonishing.

He’s not serious
He’s part of Nigeria’s problem

aminulive:
https://politicsnigeria.com/exclusive-court-documents-expose-dangotes-attempt-to-monopolize-petroleum-industry/

Dangote is a fraud and a vicious monster

WorkTheTalk:
Nigeria is a conglomerate of illiterates, courtesy of the thiefing political class. When the corrupt politicians pretend to be on the side of the masses to keep looting the treasury, you hear them accusing people like Dangote of monopoly in the oil sector, whereas for over 30 years, they kept stealing the money meant for fixing the refineries to produce the fuel locally. They use the same stolen money to import fuel, and collect subsidy benefits.

When did Dangote stop NNPC from fixing the refinaries, or approving private companies to build new refinaries to produce fuel locally for a fair market competition? Dangote knows is right as a local producer, and he has approached the court. Whoever believes that Dangote is aiming at the so-called monopoly in the oil sector should approach the cout too.

How can someone produce goods locally, and you import same product to sell in the same market, and call that competition?
Don’t be fooled by all the noise from NNPC and all its affiliates. They want to turn Nigerians against Dangote so they can keep importing fuel, and steal from the treasury in the name of subsidy.

If the oil giants are afraid of oil sector monopoly by Dangote, let them build refineries, and produce fuel locally. They have crude oil locally to produce fuel.

Every sane person knows that the best economy is when there is local production, rather than importation. Even the thiefing politicians know this, but they will try all means to control Dangote, or blackmail him to support their reason for continuous fuel importation.

Keep economy aside, Dangote is a business man trying to make profits, nothing more. Do not for once think he's got the interest of the masses at hand. If he was, he'll sell his fuel very cheap so he can alleviate the hardship. But he won't cos he will be at a loss. Now, that's business

It has always been said that Dangote loves Monopoly in all his buisness. He enjoy zero competition.
I was saying it then, the way price of diesel just went up as soon as Dangote started producing.
Then also the price of Petrol jumped from 650 up to what it is today, as soon as Dangote started supplies.
The court should ensure nobody hijack our petrol industry in order not to bring more untold hardship to Nigerians who are already going through a lot.

Zico5:
I said it earlier on one thread here but one guy was defending Dangote that I should ask my father to build refinery. If anyone tell u that Tinubu doesn't have larger share and interest in Dangote refinery then you are living in delusion. Dangote is just a front on this refinery and if care is not taken these people will ruin this country and there will be nothing left. How can a president be looking on for one man to monopolise petroleum industry. NNPC and other stakeholders know the truth of what's happening and that's why they created petrol scarcity so that Dangote can have his way there by putting more misery on the masses. Tinubu should know that his children will suffer for all these hardship on the masses. It's just a matter of time

Are you asserting a fact you can prove or you are speculating? There is a big difference between those two.

yarimo:
Dangote should keep his standard Petrol to himself and his family. Importers should continue to import the same Petrol Nigerians have been using for years including dangote himself.

Garbage In Garbage Out, at a time, you should attempt using the mucous in your skull, man. E no go kill you.

I really regret supporting this man in his fight with the NMDPRA/NNPC. How can he want the government to ban the importation of a product solely for his benefit? Was that the financial basis for his refinery to be profitable? Well we didn't agree to that.

If imported petrol is cheaper than the locally made one, we will use the imported one and he can sell to the international market as a businessman. NNPC has even raised prices to accommodate him and he's still not satisfied. He wants a monopoly so he can raise the prices even more.

They should beware of this greedy man who does not want anyone to compete with him in business. His aim is to pull down other business men and women so that he would be the only relevant business man.

I have always said Dangote is an evil profiteer!

They have no plan to permanently end fuel scarcity.
Yet , they worry about monopoly.

Of course millions of Nigerians love fuel scarcity periods. It creates jobs for extortionists to sell PMS at double the price as black market.

It’s crazy how Nigerians underestimate the need for constant energy sources; yet they’ll be complaining to the govt that things are expensive

I have diverse view on the subject matter but let me stick to this one view of mine! Firstly, there is a PIA which should be followed to the latter unless it is amended. Secondly, monopoly is not favorable to any nation and as such we don't need to delve into that direction. Thirdly, DANGOTE is not here to make petrolatum products affordable to Nigerians unless you can match his pricing template that is why I was against federal government selling crude to him in Naira. He ought to source for dollars himself and compete with those interested in Nigeria's crude. Lastly, I wish the court to the the needful just as it is spelt out in the PIA considering the impact on the nations masses.