₦airaland Forum

If Nigeria refineries haven't gone obsolete and well managed, we wouldn't be talking about scarce forex by now, since individuals prefare to be super rich instead of nation, we shall keep struggling as a nation.

Fuel that's not enough for us here

Some times, I don't even know if this man is for us or against us!

Good .. thank God he didn't stick to 320000bpd for Nigeria alone , he would have been held captive ...Even with the Timeline it took to complete and the extra cost only God knows when he will Break Even...

Sure?

CodeTemplarr:
Local marketers say it is too expensive but foreign ones are buying.

No problem

There's something I'm not getting, what's the comparative advantage of low production cost of dangote refinery products?
He seems to be selling at same price as europ and other parts of the world

what is happening to Port-Harcourt refinery again self

In Nigeria, charity begin from abroad using dollars as exchange.

Your family never belleful, you dey go feed villagers.

Mtscheew! Cursed country!

Favourdays1:
Is Nigeria a country?
Charity should begin at home

That is when your Home accepted you comrade

Mindlog:
But not felt at home, in Nigeria as import continues?

What impact are you expecting exactly?

Favourdays1:
Is Nigeria a country?
Charity should begin at home

Dangote on the other hand is too greedy.

Typicool8:
In Nigeria, charity begins from outside.
Well I don't blame Dangote cos he's a business man and his first aim will be to make profit.

What are you guys saying about this business man of a thing self. The incentive that dangote benefits nobody benefits it in Nigeria. When dollar was 700, the federal government gave him 409/$ because of this refinery. Throughout buhari 8yrs, he was the only business man that have license to use the land border without being check, he can import and export all because if his refinery. the cbn even grant him alot of loan so as for him to quickly complete is refinery and it is because of him that federal govt remove subsidy so as for him to have free petrol market trade. Please u guys should stop using the word is a business man cos it is so annoying

Typicool8:
In Nigeria, charity begins from outside.
Well I don't blame Dangote cos he's a business man and his first aim will be to make profit.

Must he recoup his capital under few years?

abc115:
https://punchng.com/dangote-refinery-begins-fuel-export-to-wafrican-countries/

This thieving capitalist sha want to become Richest man in the world by force by fire, lol😅

odejimioflagos:
This is just the beginning.

The impact of this refinery will be felt in the entire region.

When will you blame NNPC and your wicked government for the failure of the state owned refineries? When will you blame the wicked marketers for frustrating every bid to make Nigeria free from importation of petroleum products? Than patronize Dangote's products they will rather buy cheap, substandard nonsense from Malta to destroy our car engines.

YoshihideSuga:
The money Dangote will generate will be humongous! No one will see his back. I recall how some ignormauses yabbed him on TwitterNG for building a refinery simply because top American billionaires came from tech.

Mumu people that don't know their environment and what it needs.

Indeed, becoming a billionaire requires problem solving, be it technical or physical

helinues:
Good. All the best

Dangote stalled refinery begin full operation under this government

..hellanuis..
..does it mean you have been able to detect an achievement of Thief'nubu..?

..seriously.. looking to claim non existence Performance achieved by bobo Chicago..that you want to claim dangote as an achievement by fire by force..

..if that is an achievement to the anuis in hell..how much can you buy fuel under Apcshit..?

Fuel wey some of us never still see, they're already exporting to other African countries.

Mindlog:
But not felt at home, in Nigeria as import continues?

The problem with Nigeria is our naira that has fallen to low against most world currencies, even the CFA is now stronger that the naira meaning it's cheaper to purchase dangote fuel in CFA than the naira at same price,I think what the government need to do is to find a way of ensuring that foreigners pay for the dangote fuel purchases in naira so as to increase the demand for the naira n hence its value.

You see,what a whole Country cannot do for her Citizens,is what a Single Man( Dangote) is doing!
Exporting- in Dollars, what NNPC, and the whole lots of govt institutions like NEPA/DISCOS, TCN, GENCO,etc- in •Energy Sector- Refused to do and how do you want the Youths to be loyal or Patrotic - when those operating the Institutions don't have desires to make it good.
•Agricultural SECTOR:- when we( Nigeria) should be feeding a whole Africa - the Northerners brought Bokoharam demons -to destabilise the Areas- yet still claiming the Budgets Money- for Food Security and Agric Money - year in year out!
Nothing concerning Aliko Dangote in all this- just business!
•But govt refused to face the reality that Corruption in managing Our Resources is a Big Issue till date!
Just the Truth!

lomprico:
Must he recoup his capital under few years?

He should do whatever he wishes to do with his refinery. Tell your govt to fix Nigerian refineries

Dangote is our problem in this country

Ghana says Dangote fuel is cheaper than what they import from Europe. The local marketers claim imported fuel is cheaper. Is it the same grade fuel? ... guess we will be hearing from our cars.

Mindlog:
But not felt at home, in Nigeria as import continues?

It's the skewed exploitative USD exchange rate that is denying Nigerian s the benefit Dangote refinery brings to the nation, just as it denied you many other goods like milk, medicine etc.

Mindlog:
But not felt at home, in Nigeria as import continues?

Well, more refineries are coming soon in Nigeria. I guess that's why Mr Dangote is fervently developing his export market.

Favourdays1:
Is Nigeria a country?
Charity should begin at home

Sebi we are the ones fighting him? Now we see he has ready market outside we are talking about charity’s house?

Zionmdde:
That has always been his target.
Buy crude in naira, export products in dollars while maintaining a high price of fuel in Nigeria

Hope he will live forever to enjoy all the money he is accumulating

.it's not Dangote fault that the costs of his fuel is expensive..it's the high exchange rate of 1,730 naira to a dollar that is causing Dangote fuel to be expensive..if the exchange rate is like from 600 naira to a dollar and below.. the price of Dangote fuel will be very cheap..so the federal government should try and appreciate and strengthen the naira and make it have value against the dollars inorder for fuel to be cheap and affordable for nigerians to buy

Thugnificent:
Humanity first before money. I know you are into business to make profit but atleast have some conscience

God knows best sha.

Someone please assist me with any amount for foodstuffs please I'm starving 🙏🥺

Lol, Dangote that almost went broke repaying loans for this refinery before it started. 😂

#RedEye

ufotunang:
.it's not Dangote fault that the costs of his fuel is expensive..it's the high exchange rate of 1,730 naira to a dollar that is causing Dangote fuel to be expensive..if the exchange rate is like from 600 naira to a dollar and below.. the price of Dangote fuel will be very cheap..so the federal government should try and appreciate and strengthen the naira and make it have value against the dollars inorder for fuel to be cheap and affordable for nigerians to buy

Tinubu promised to devalue the naira and reduced the purchasing power of Nigerians, yet he was supported to due tribal and religious reasons.