₦airaland Forum

Dangote and blackmail na 5&6, this is the same way he blackmailed 800 engineers working in his refinery and eventually sacked all of them. Dangote simply wants to allowed to monopolize the entire oil and gas market and thats not possible, if NMDPR have allowed him to monopolize the market nobody will hear this complain. However, Dangote is the biggest importer of Indians to work in his companies and never care about the welfare of Nigerians working for his companies and not because they are not hnonest or hardworking. Just recently, we saw BUA giving massive appreciation to his employees for their contribution to the success of BUA group. You can never see Dangote doing this type of gesture or appreciating his Nigerian employees.

Nigerians should be smart and wise enough to patronize only businesses that value Nigeria and Nigerians like BUA and other responsible organizations, Nigerians should boycot any company like Dangote that only knows how to use and later blackmailed Nigerians working in their company.

Say NO to monopoly and useless capitalism

Dangote that is known to be a calm business man is now fighting dirty after he involve himself in oil business in Nigeria.
The cabal have turned Dangote to opposition party.

So the ordered import of so much fuel when a local company is producing

Is that not economic sabotage for the country

Shouldn't regulatory body ensure our local product is mopped up first before imports, the same imports that crippled the country for years

Talk about personal gains over national interest

Every well meaning Nigerian should side with dangote on this.Dangote alone can transform a lot from taxes on his refinery...it took courage to fly that venture,how can the nation look aside while it's been sabotaged and we say we want growth for the nation

thriving industries are crucial to growth

Dangote alleged that import licenses covering approximately 7.5 billion litres of PMS (Petrol) were issued for Q1 2026, despite significant local production capacity, which forces local refiners to buy crude at a premium and struggle to compete with subsidized or deliberately encouraged imports.


Dangote should stop all this type of behaviour. He dislikes competition.

H will never benefit from those kids, amen

Shadomaan7:
Farouk should be investigated. This is a serious allegation and if he is found wanting, he should face the full wrath of the law.

If you believe that this will ever happen even within the next 10 years, then you are still a new comer in this country.

This is just Farouk, imagine what is happening at the TOP of NNPC, CBN, INEC and co.

descarado:
I have since stopped worrying if Nigeria will get better a long time ago. Those complaining are complaining cos they are not around the juicy cake.
Nigeria has weak institutions. As long as the institutions are loose and weak,forget it.
Status quo remains.

Sooner or later I knew Dangote would become more vocal about Corruption in Nigeria. He had kept quiet for so long because the cancer was far away now that the cancer is coming for him or he is getting to the cancer he has to talk. Anyway it's a good thing he is now talking and pointing fingers. That's what Nigeria needs for everyone to talk about Corruption. After all Yaraduah broke Dangote Monopoly on Cement, we need more action all across Nigeria. Even in Lagos

sweetkev:
I don't envy these kind of people. Most of their children end up with one problem or the other.

Dey whyne yourself.

This is not the first move. Ask what Farouk has done for Dangote to release this information.

This are the cabals we are talking about, people that will make things very difficult for the masses. They pray more than you, show sympathy mood at the expense of you suffering and hunger.

jiggyman:
As seun kuti would always say, Nigeria will be better once the source of livelihood of the elite is threatened.

Who would have thought in their wildest dreams that aliko would name names in a press briefing?

Hahahahaha, imagine what happens if 100m youths rose against this few elite!

Go and start that nonsense in your region. Go and rise against your leaders who have looted your destiny since 1960.

Nobody prevented your papa from becoming an elite.

So many secrets coming out
What is the motive here because nothing goes for nothing in nigeria if you know you know
Dangote na businessman trying to maximise his dominance in oil sector

Shadomaan7:
Farouk should be investigated. This is a serious allegation and if he is found wanting, he should face the full wrath of the law.

will be investigated? by who

Did Tinubu the one that appointed the thief tell you he's not aware ..
or his Efcc chasing yahoo boys and malami that joined ADC ,

The best thing for Dangote to do is to reduce fuel prices further, to maybe #200. With this no body will be able to compete with him.

Don't tell me about the global oil price because he recently dropped over #120 in price without considering global oil price.

He who comes to equity must come with clean hands.

You meant he spent $5 million for his children's school fees. No doubt, this man's children must be schooling in HEAVEN.

descarado:
I have since stopped worrying if Nigeria will get better a long time ago. Those complaining are complaining cos they are not around the juicy cake.
Nigeria has weak institutions. As long as the institutions are loose and weak,forget it.
Status quo remains.

My brother, if you ever have the opportunity to enter in their midst - you will not want the largesse to stop suddenly or at all. The heart of an average Nigerian is so corrupt inherently. The difference is the level of fear of God - that makes some people steal as much as they can, and others bite the cake bit by bit. Nigerians are driven by big lifestyle, statement influence and luxury that we can do anything to acquire it. And physical wealth is insatiable. That's why Nigerians who leave Nigeria in search of greener pasture still end up committing crimes that range from petty to record breaking frauds and drug peddling.


You are not better or different from those in the corridors of power, the difference is, you are here and they are there, you have not had the opportunity to test your resolve, everything in your head of your inherent trait is imagination. Real situation will test your OJUKOKORO.

My no

Shawarmagirl:
I have said it over and over again. The best of Nigeria every Nigerians dreamt of is what they are currently witnessing now. Nigeria will NEVER EVER get better than it is today.

You can disbelief for all I care.

Nigeria go better one day... That day will never come.

Your opinion is immaterial.
Go and hustle and carry your wailing commot for Naira land.

Nigeria will be better some day.

georgeakins:
Go and start that nonsense in your region. Go and rise against your leaders who have looted your destiny since 1960.

Nobody prevented your papa from becoming an elite.

What's your own concerning the good insurrection of the masses against the thieving elites of nation that the man is advocating for?

Are you threatened by it because you are one of the children of the elites draining the commonwealth of this nation?

The insurrection will surely arise whether you like it or not.

djseanjohn77:
My brother, if you ever have the opportunity to enter in their midst - you will not want the largesse to stop suddenly or at all. The heart of an average Nigerian is so corrupt inherently. The difference is the level of fear of God - that makes some people steal as much as they can, and others bite the cake bit by bit. Nigerians are driven by big lifestyle, statement influence and luxury that we can do anything to acquire it. And physical wealth is insatiable. That's why Nigerians who leave Nigeria in search of greener pasture still end up committing crimes that range from petty to record breaking frauds and drug peddling.


You are not better or different from those in the corridors of power, the difference is, you are here and they are there, you have not had the opportunity to test your resolve, everything in your head of your inherent trait is imagination. Real situation will test your OJUKOKORO.

First this is not true for all Nigerians and it is false generalisations. There are some Nigerians that would never do such because they rightly have the fear and spirit of GOD in them.

Second this is a human trait. History is filled with examples of where humans aided corruption.

Third I agree with you - it is when people are faced with the chance to have a lot of monies that you know their integrity. Similar to an ugly man claiming virginity because babes no dey chase am, a poor man should be careful to claim integrity when proper money never drop on his lap. May we never see what will make us lose our chances at eternal life.

SpaceX:
People dey ball for life $5m on school fees

Yahaya bello, come and see o. See how much your mate are spending on their wards' school fees. Shikini money wey you lamba'd na im thiefcc dey drag you upadan.

olaniyilukman:
God bless you bro, he is crying because he felt his refinery is being threatened by importing petrol

Are you Yoruba or you're from Ugwu land land?
Be proud of your ugwu origin

sweetkev:
I don't envy these kind of people. Most of their children end up with one problem or the other.

U are trying to suite your emotions... Hahaha. Nothing will happen to them, they will return and head top establishments and even head government institutions. Dey play.

How many of the man's kids are schooling abroad or in Switzerland?

A whopping $5 million for school fees, or did Mr. Dangote mean $500k?

Even Institut Le Rosey in Rolle, Switzerland, which is regarded as the most expensive school in the world, charges international students less than $130k per year.

sonnie10:
Hypocrisy at its peak. Instead of naming the main culprit he is beating about the bush. Someone said there is no longer subsidy, yet many importers are getting it from the back doors and spoiling business for the local refineries. Is the agency not answerable to the Presidency? Why not direct this inquiry to the Presidency instead of pretending like they are not oblivious of what is happening.

Use your glasses.

bestman09:
Nigerian corruption is on another level.


However, Dangote is not being patriotic with this information but fighting to protect his business

He is saying the truth. If not let the accused person defend himself and family. Nigeria our father land .......

dfrost:
He's not stopping others from operating local refineries however he's against importing. It should stop.

Yea bro . Don't mind the mumus . Trying to break Dangote monopoly with import is like bitten ones nose to spite one's face . If you are serious about breaking his monopoly , build local refineries to compete with his

descarado:
I have since stopped worrying if Nigeria will get better a long time ago. Those complaining are complaining cos they are not around the juicy cake.
Nigeria has weak institutions. As long as the institutions are loose and weak,forget it.
Status quo remains.

Might just follow suit too, saying otherwise seems like a wasted effort.

bestman09:
Nigerian corruption is on another level.


However, Dangote is not being patriotic with this information but fighting to protect his business

Maybe you should 1st define your own Patriotic ... Dangote is the only man that invested immensely in a sector no one wants to commit,

Dangote is the only man that as Dared to enter into the cabal world of oil sector and expose some of there dirty secrets

Dangote is the only man that as given Nigerian quality fuel at lesser price than any matketer in the country

I ask again define patriotism

georgeakins:
Go and start that nonsense in your region. Go and rise against your leaders who have looted your destiny since 1960.

Nobody prevented your papa from becoming an elite.

Im in abroad living a good life, ezi.

Onwu ga egbu gi very soon.

If e sure you post your pics let see what you look like

Let the law take it's course but Nigerians should not take sides here even if Dangote reduces his price to N10 naira a litre.

We have been here before with cement and received a major Tsunami event where a Dangote earthquake event led to a price drop and folks went out to catch free stranded fish on the beach but were swallowed up when prices suddenly came back with a vengeance.

His methods have always been to manipulate the market, destroy competition and then use his market commanding position to set prices in the long run, a commanding position that also make it impossible for new players to enter the market.

And at this point in time this is the likely scenario going forward. We are unlikely to see new refineries in such capacities to challenge Dangote ever again.

His last battle is to control the regulators. As soon as he has won that it is game over.

By the way it is an aberration for a referee, a regulator to get directly involved in the market. It should not be the body issuing import licenses. Some may see that action as a checkmate to Dangote oil, but he sees it as an affront to his investments.

Where are the Niger Delta political slaves,oil from the region characterized by federated looting,while youths in the region are heavily engaging in drugs abuses across states,young ladies into careers of prostitution and somebody from Sokoto is gallivanting with peoples'resources,menace of poverty starring at faces of Niger Delta youths compounded by the stealing sprees of the deceived northern youths flooding the region supported by repentant boko haram army officers.