₦airaland Forum

GloriousGbola:
lets assume the salary is minimum 500k per month

that is 6m per year

that is 800 workers x 6m - 4800m per year as salary
roughly 5 billion

so dangote offered to dash away 25 billion naira or 16,666,666 million dollars

only the uneducated twats who have never actually run a business will believe this ridiculous lamba

and 500k is what low level contract workers are earning in the industry

so salaries should be higher than this - though then again - this is dangote who is trying to pay people peanuts

GloriousGbola:
lets assume the salary is minimum 500k per month

that is 6m per year

that is 800 workers x 6m - 4800m per year as salary
roughly 5 billion

so dangote offered to dash away 25 billion naira or 16,666,666 million dollars

only the uneducated twats who have never actually run a business will believe this ridiculous lamba

and 500k is what low level contract workers are earning in the industry

so salaries should be higher than this - though then again - this is dangote who is trying to pay people peanuts

NosyParrot:
The fact that you have run a business does not mean you know everything concerning business management.

The payment was not going to be one bulk payment but bullet payments staggered over 60 months therefore it is doable because the money will come from future profits!

Berankis:
That's a scam! Dangote is a confirmed Scammer!!
No one can pay 800 people salary for 5years while they sit at home.
Even the Government of Nigeria cannot do that.
Dangote is a very cunning man and this is just one of his whims.
You people will come back here to lament that I said so...

Sirleo05:
Five years salary at once, na me , I go collect am, use am start my own biz. Imagine waiting I dey even look for,which is Capital.

GloriousGbola:
i have worked in a corporation for 15 years

no one is going to pay staff for 5 years for doing nothing.

if dangote did make that offer - it is his indians playing games. they are very good at doing that

GloriousGbola:
lets assume the salary is minimum 500k per month

that is 6m per year

that is 800 workers x 6m - 4800m per year as salary
roughly 5 billion

so dangote offered to dash away 25 billion naira or 16,666,666 million dollars

only the uneducated twats who have never actually run a business will believe this ridiculous lamba

and 500k is what low level contract workers are earning in the industry

so salaries should be higher than this - though then again - this is dangote who is trying to pay people peanuts

AndroBlaze:
Oga if you have never worked for a big institution, let those who have comment.

I have seen in my experience a financial institution that paid salaries for 6 months after letting more than 300 people go...it was so easy for them that the next day they had recruited 300 "children" to start from where the previous 300 left!!

Obviously customers of the institution suffered for it and were given the usual lies of network failure and IT challenges, not knowing it was self inflicted because an oga in HR got angry.

Just rechecked, the company I refer to is only worth $1bn , Dangote refinery is easily worth over $14bn... honestly if only more Nigerians could visit the place and understand what has been created.

AndroBlaze:
Lol, $16m "dash" spread over 5 years is what is hard for Dangote?

$16m to ensure an investment that is now worth over $14billion continues in peace and is not ruined...una funny sha.

Anyway, the man is stingy, but even he did an article where he admitted his private jet cost him $30m or so. Yearly maintenance of it will probably be like $3-5m a year.

AKWATGOLD1:
I supported Dangote offered to pay the sacked workers for five years to continue to stay in their homes, or do other things, but they will be paid every month for five years. But they will not be allowed to go near the refinery, because they are not sure of not sabotaging. So, Dangote offered to pay them without work.

GloriousGbola:
you are teh one who is funny if you think that a business man who is yet to finish repaying his dollar loans will spend money like that

GloriousGbola:
lets assume the salary is minimum 500k per month

that is 6m per year

that is 800 workers x 6m - 4800m per year as salary
roughly 5 billion

so dangote offered to dash away 25 billion naira or 16,666,666 million dollars

only the uneducated twats who have never actually run a business will believe this ridiculous lamba

and 500k is what low level contract workers are earning in the industry

so salaries should be higher than this - though then again - this is dangote who is trying to pay people peanuts

Alliswell248:
He can pay it without blinking an eye.
He is a billionaire in usd
All this won't cost him 50 million usd.

AndroBlaze:
Elon Musk hasn't finished repaying the loan he used to buy Twitter, and he is worth $500bn

The Glazer family, for almost 20 years have not finished repaying the loan they used to buy Man United.

I now agree with the poster above who earlier said you have no idea what it takes to run a proper corporation.

frog12:
e be like say these INDIANS get interest for the thing.

when dey spill the beans later everyone eye go come open like kolanut

Inosky:
He might pay them for some months and the rest is history. Omo, but PENGASA is a strong union to bring dangote to the table.

AndroBlaze:
If anyone is familiar with my post history on this refinery, for years I was angry and chided Dangote for hiring Indians and using most of the dollars he got from Emefiele to be paying them stupid salaries. (I knew this because I had a friend who was one of the early people their and she told me how the Indians and Chinese were enjoying).

Obviously, the refinery starts working later, we've got the best fuel and the best fuel situation we've had since before the Abacha years...and finally we are starting to feel it's effect on FX, which was always the aim for supporting it.

Unfortunately, the mafia hits back and my Nigerian brothers fall my hand and prove why they were never to be trusted in the first place!

For most of us mere Nigerians who are just onlookers, it is important that nothing happens to that refinery and we don't go back to the dark days of people looking for "dollar" to import petrol that God has naturally given us in crude oil.

When Nigerians chose to get sense again, Dangote (or whoever owns it then) will welcome them back, as it only makes business sense to seek cheaper labour.

AndroBlaze:
If only they (or their type of organisation) would use their strength for the betterment of all Nigerians, and not just themselves or their members, we'd go far in this country.

frog12:
if e no wan union, the best thing is to improve the working conditions of the NIGERIAN workers.

AndroBlaze:
It's government, NNPC and society that should put pressure on him to do that.

NUPENG, PENGSAN and all the other useless unions like NBA , have failed us repeatedly since the end of military rule.

It's nothing but Animal Farm repeating itself.