₦airaland Forum

iLoveYouToo:
I agree in part, he’s a major beneficiary but some people are bent on making him look bad. I’m not an insider but I’m very sure that man has made sacrifices for this country. It’s saddening that patriots are often demonized and made to look like the problem rather than part of the solution, absolving the main culprits - the system


The real question here is: who is the system?

Dangote can decide to source for his crude and export 100% of his output, whilst paying the necessary taxes to LASG and FG and still break even by miles.

Ask yourselves why our government owned refineries haven’t been able to function at optimal capacity for over 20 years - the system.


…Yet we keep blaming Dangote 🤦‍♂️

Good submission!

ednut1:
how is it great news He is using dollars to buy the crude. Meaning the refined product will be expensive

Was it any different when he was using naira to buy ?

You want to compare the humongous consumption in the US with Nigeria’s negligible consumption?

budaatum:
Most refineries need a mixture of different crudes, so Dangote importing is no surprise. Even when USA had enough crude oil of its own, they still imported different grades of crude from elsewhere.

WeddingParol:
With your kind of reasoning, I am confident that there is hope for this nation.

Corruption thrives in a country when gullible followers don't call out the corrupt leadership. Use your superior reasoning to speak out against the decay in the country.

neonly:
Can’t you guys read

You're talking to a 30k programmed cretin. They don't read, all they do is copy and paste.

Ikemba007:
You want to compare the humongous consumption in the US with Nigeria’s negligible consumption?

Dangote does not refine crude oil for Nigerian consumption alone.

femi4:
Why not build a refinery that suit our crude. It doesn't make sense

id4sho:
I disagree ma'am, can't the refinery work with one crude oil grade

Dangote's refinery does suit our crude oil. It would have been a stupid investment if it didn't. A blend of crude oils are however required for the different products a refinery produces, and that's apart from the difficulty Dangote has reported in getting Nigerian crude oil.

If he can get cheaper oil from elsewhere, he'd be stupid not to take it and instead let himself be held to ransome by the cabals that control Nigerian crude oil. The fact he can get and refine crude oil from anywhere shows how astute a manager he is.

He should be prepared to supply USA too after production. It's contradictory to advocate for stopping imports while still importing. The refinery has become a significant issue for the Nigerian people.

Coming from same you Igbos that claim Dangote refinery will not work till 5050

This your new take is shocking to say the least.

WorkTheTalk:
NNPC in the mud. You think Dangote is Nigerian looters ATM (treasury) that you have looted for the past 3 decades via refinery maintenance, oil importation and fuel subsidy.

Since Dangote refinery came on board, NNPC has being playing the usual dirty games to frustrate it, and sold the dummy to the gullible public that Dangote wants to monopolize oil sector. NNPC can now continue with fuel importation, while Dangote import crude oil. Game on.

For those who swallowed the baits from NNPC and its corrupt affiliates to blame Dangote of oil sector monopoly, you can now tell your friends and family members to build refineries, buy cheap crude oil from NNPC, produce fuel locally, and sell cheaper than the current NNPC controlled fuel price. Let Dangote breathe.

SuperEagles:
Coming from same you Igbos that claim Dangote refinery will not work till 5050

This your new take is shocking to say the least.

I'm a Nigerian. The same tribal sentiments most of you run with is what is killing the country. Can't you counter narratives without going tribal for once?

tundegan:
Aliko Dangote is a national treasure.

The man is doing what others couldn't and he's just getting started.

And you thing his fuel will be cheap. Keep playing

My bicycle chain break. I have to entertain myself with this man’s news.

Purchase from the states? When it is in abundance in his backyard?

budaatum:
Dangote's refinery does suit our crude oil. It would have been a stupid investment if it didn't. A blend of crude oils are however required for the different products a refinery produces, and that's apart from the difficulty Dangote has reported in getting Nigerian crude oil.

If he can get cheaper oil from elsewhere, he'd be stupid not to take it and instead let himself be held to ransome by the cabals that control Nigerian crude oil. The fact he can get and refine crude oil from anywhere shows how astute a manager he is.

Cheaper crude from outside the Country is a hoax with our exchange rate

ednut1:
how is it great news He is using dollars to buy the crude. Meaning the refined product will be expensive

when dangote makes profit they can pay more tax....

its still a win win business....
samsung doesnt produce all the parts in their phones only in korea....

femi4:
Cheaper crude from outside the Country is a hoax with our exchange rate

Think availability. More expensive and available is cheaper if it keeps the refinery running. Its like a barber using expensive generator when there's a power cut. He'd lose money if its shut down.

budaatum:
Most refineries need a mixture of different crudes, so Dangote importing is no surprise. Even when USA had enough crude oil of its own, they still imported different grades of crude from elsewhere.

Stop that shyte you are smoking

nwirinedu:
Purchase from the states? When it is in abundance in his backyard?

Politics, The viper he helped create has turned around to bit him in the backside.

1gbdata:
He should be prepared to supply USA too after production. It's contradictory to advocate for stopping imports while still importing. The refinery has become a significant issue for the Nigerian people.

I agree with you, If he is sure his product is as he said it is then supply USA

Salewa97:
Good news

The Dangote refinery is really making waves in the Nigeria oil sector. I hope his competitors would also step up so that the price of fuel would be affordable for the masses

Who are his competitors?

Bolingua1:
What of the crude for Naira purchase

Dead

MarketDispatch:
This is one aspect of Dangote's business where I think he wasn't smart and calculative.

For Cement, he acquired and owns his feed stock.
For refinery, he should have acquired and owned his oil well to produce and supply his refinery. That way, he would have been self sufficient and not being made to become a content creator as seen in previous clips.

It dont quite work like that/He just cant acquire a well operate and supply itself

Inosky:
Dangotee is part of the Northern hegemony that kept Nigeria down. Take it or leave it. Since I was born, I have been hearing of that man as Nigeria gets worst.

This is the truth, only smart people will acknowledge this.

femi4:
Why not build a refinery that suit our crude. It doesn't make sense

This is what he did, he is now going to buy crude sold to the USA back

Arielle:
How? Won't the refined product be more expensive?

ofcos,But the man Dangote is funny, he produces Cement with Nigerian Mines, sells xpenssive inside Nigeria and sells cheap outside of Nigeria, can he xplain that to Nigerians?

erico2k2:
Stop that shyte you are smoking

Isn't it much better than the low grade you smoke?

budaatum:
Isn't it much better than the low grade you smoke?

Well Im not the one exhibiting tendencies of weed behaviour here.

erico2k2:
Well Im not the one exhibiting tendencies of weed behaviour here.

You must know this so called "weed behaviour" from your personal experience. Pity yours don't make you smart though.

But u a supporter of Dangote? Em be saint na

WorkTheTalk:
No time for jokes. Nigeria is in a mess due to its corrupt leadership, and the gullible supporters.

budaatum:
You must know this so called "weed behaviour" from your personal experience. Pity yours don't make you smart though.

Yes ofcos I do, there are loads of your likes here, I deal with them on Nairaland daily.

erico2k2:
Yes ofcos I do, there are loads of your likes here, I deal with them on Nairaland daily.

I figured you were a dealer. It explains your need for attention. Pity, low quality though. Have you considered upping your grade?

budaatum:
I figured you were a dealer. It explains your need for attention. Pity, low quality though. Have you considered upping your grade?

Yeah mate I did, I upgraded to Cuban cigar, why you up ur game to Spice.