Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,585 members, 7,861,778 topics. Date: Saturday, 15 June 2024 at 07:17 PM

Dangote Refinery Video::world's Largest Refinery. Video. - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Dangote Refinery Video::world's Largest Refinery. Video. (11124 Views)

Femi Otedola Spends His Democracy Day At Dangote’s Refinery / An Overview Of Dangote Refinery Plant In Lagos - Video And Photos / Gigantic Equipment Being Brought In For Dangote's Refinery In Lagos (Photos) (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:30am On Jun 05, 2016
arewafederation:


What other reason does Dangote have to choose Lagos over the SS/SE?

Lagos is obviously a better destination for his project.

Lagos is a better destination because it has the biggest market in West Africa. Thats the only reason and nothing else.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:30am On Jun 05, 2016
QuotaSystem:


In the sense that they are both corporate assets, YES.

This guy is funny.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by patrickmuf(m): 8:31am On Jun 05, 2016
CreampieAngela:
Dangote has a Pineapple Orchard in Cross Rivers state for his Dansa Fruit Juice Factory. He is also currently building a Cement Plant at Okpealla in Edo state. Dangote has no problem in investing in the South South. The Ijaw's who are largely domiciled in the Rivers-Delta-Bayelsa axis are the problem of the South South. The heeebos in the South East are a basket case on their own
Apart from the cement plant which even though expensive still doesn't match the cost of his refinery, I still don't get your point...
Re: Dangote Refinery Video::world's Largest Refinery. Video. by arewafederation: 8:34am On Jun 05, 2016
SWG26:


Lagos is a better destination because it has the biggest market in West Africa. Thats the only reason and nothing else.

Part of the reasons that make it the biggest market in W Africa is the relative peace and stability.

Who would want to make such investment in the highly volatile ND?

2 Likes

Re: Dangote Refinery Video::world's Largest Refinery. Video. by QuotaSystem: 8:36am On Jun 05, 2016
SWG26:


This guy is funny.

This guy has lost the plot.

The fact is whether trucks or plants; both are Dangote's corporate assets which are at higher risk in the Niger Delta and Eastern regions than in the SW.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by arewafederation: 8:36am On Jun 05, 2016
QuotaSystem:


This guy has lost the plot.

Obviously.

1 Like

Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:38am On Jun 05, 2016
patrickmuf:
You don't sound quite as intelligent as you believe you are, do you know the cost of his refinery? It's about $14b that's roughly N2.trillion, trust me, you don't wanna risk it cos it can make for your downfall

You don't reason properly. Your sentiment is that "this type of project would have sited in the south south or Niger Delta if not for the activities of militants"

But I am saying that

Cross Rivers State is there
Akwa Ibom is there
Edo State is there
Even ondo state is there

These states are not restive or disturbed by militant activities. In fact, there is a 1 billion dollar power project in Edo state. If any investor wants to invest in the south south or Niger Delta, whats wrong these states?

If he's concerned about the security of his investment, why didn't he go to Osun and build the refinery there?
Re: Dangote Refinery Video::world's Largest Refinery. Video. by patrickmuf(m): 8:40am On Jun 05, 2016
SWG26:


You don't reason properly. Your sentiment is that "this type of project would have sited in the south south or Niger Delta if not for the activities of militants"

But I am saying that

Cross Rivers State is there
Akwa Ibom is there
Edo State is there
Even ondo state is there

These states are not restive or disturbed by militant activities. In fact, there is a 1 billion dollar power project in Edo state. If any investor wants to invest in the south south or Niger Delta, whats wrong these states?

If he's concerned about the security of his investment, [s]why didn't he go to Osun and build the refinery there?[/s]
What's your beef with Lagos state?
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:41am On Jun 05, 2016
arewafederation:


Part of the reasons that make it the biggest market in W Africa is the relative peace and stability.

Who would want to make such investment in the highly volatile ND?

No. Lagos has always been the number one market in Nigeria even before the restiveness in the Niger Delta started. Lagos is not the most stable and peaceful state in the country.

And when I mean market I am not just saying commercial. I am also talking of labour and financial.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by 99100(m): 8:42am On Jun 05, 2016
rhymaster:
The people destroying their environment by blowing up pipelines, infrastructure and pushing away investors will cry so hard some day soon, and they will not be comforted. Majority of the job opportunities will be satisfied in the SW, more money to spend, more taxable income, more community benefits, etc. With less oil prospecting and investment in the SS and SE, and a damaged land and ecosystem, those areas will be in for a lot of suffering for sure!

God bless the SW.
God bless Nigeria!



Is Lagos an oil producing state? Answer is 'No'
u must get the oil from our region isn't it.
So how do u transfer it to lagos if we don't allow u the access?
And beside, do we need Dangote refinery to refine our oil if we succeed in our agitation?

Good luck to dangote, a man with foresight.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by arewafederation: 8:45am On Jun 05, 2016
SWG26:


No. Lagos has always been the number one market in Nigeria even before the restiveness in the Niger Delta started. Lagos is not the most stable and peaceful state in the country.

And when I mean market I am not just saying commercial. I am also talking of labour and financial.


If that is the case, why didn't Dangote build his cement company on Lagos but chose Obajana?
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:47am On Jun 05, 2016
QuotaSystem:


This guy has lost the plot.

You tried to make sense but failed. Investments like that of the refinery are typically guaranteed and protected by government. So whatever happens the investor never losses.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:49am On Jun 05, 2016
patrickmuf:
What's your beef with Lagos state?

I don't care about Lagos, I am faulting your sentiments. Don't say that such investments would've come to the south south if not for militancy. Thats my problem.

Nigeria as a whole is a risky investment destination. The country is insecure.

1 Like

Re: Dangote Refinery Video::world's Largest Refinery. Video. by QuotaSystem: 8:50am On Jun 05, 2016
SWG26:


You tried to make sense but failed. Investments like that of the refinery are typically guaranteed and protected by government. So whatever happens the investor never losses.

But Chevron's facilities which are currently being destroyed by Ijaw terrorists were not guaranteed and protected by Government because they were from Mars?

Go and play with your colouring book.

3 Likes

Re: Dangote Refinery Video::world's Largest Refinery. Video. by iyb(m): 8:50am On Jun 05, 2016
SWG26:


Even if Niger Delta was secure, the refinery wouldn't be sited there. This has nothing to do with militancy. Lagos is not more "peaceful" than Cross River state, why wasn't it sited in Cross River or Edo? These are areas with no activities and history of militancy.
Who is stupid enough to invest his money in the south East or south south. Dangote is smart he doesn't want to hear it's our oyel or its our land from a bunch of lawless savages. A smart business man measures risks before making any investment and dangote happens to be a smart business man. In Lagos there are no militants and lazy mofos who think they are entitled to ur money because your company is located In their land.
Invest in a place where ur mind is at ease shikenan

5 Likes 1 Share

Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:54am On Jun 05, 2016
arewafederation:



If that is the case, why didn't Dangote build his cement company on Lagos but chose Obajana?


This guy sef. They're not the same thing na, the raw materials for his cement is closeby that why he located the factory there. The refinery is different, dangote may chose not to depend on Nigeria's oil and import oil to refine, he'll need the Lagos ports for that and if he wants to export his refined products, he also need the Lagos ports. Thats why its in Lagos and not because Lagos is peaceful.

Do you understand?
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:55am On Jun 05, 2016
QuotaSystem:


But Chevron's facilities which are currently being destroyed by Ijaw terrorists were not guaranteed and protected by Government because they were from Mars?

Go and play with your colouring book.

So you believe in the event of the outbreak of violence, a 14 billion dollar refinery would be burnt down. Comot for here jare.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:56am On Jun 05, 2016
Besides, is it not the same Lagos that Hausa and Yoruba people were fighting recently? You guys make me laugh.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by QuotaSystem: 9:01am On Jun 05, 2016
SWG26:

So you believe in the event of the outbreak of violence, a 14 billion dollar refinery would be burnt down.

No serious businessman invests based on chance, but calculated risk.

Stop arguing, you're starting to ridicule yourself.

3 Likes

Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 9:06am On Jun 05, 2016
QuotaSystem:


No serious businessman invests based on chance, but calculated risk.

Stop arguing, you're starting to ridicule yourself.



Lol. Why haven't the IOCs left the country due to the effects of militancy then? Haven't they calculated their risks? Nigeria is a country battling with terrorism, nowhere is safe, even Lagos.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by arewafederation: 9:07am On Jun 05, 2016
SWG26:


This guy sef. They're not the same thing na, the raw materials for his cement is closeby that why he located the factory there . The refinery is different, dangote may chose not to depend on Nigeria's oil and import oil to refine, he'll need the Lagos ports for that and if he wants to export his refined products, he also need the Lagos ports. Thats why its in Lagos and not because Lagos is peaceful.

Do you understand?

So ideally, raw materials for refineries are more abundant in the SS, but he chose not to locate it there.

You seem to also forget that there are Ports in the SS which can be used for moving products in and our of the country. Why can't they be depended upon?

1 Like

Re: Dangote Refinery Video::world's Largest Refinery. Video. by QuotaSystem: 9:17am On Jun 05, 2016
SWG26:


Lol. Why haven't the IOCs left the country due to the effects of militancy then? Haven't they calculated their risks? Nigeria is a country battling with terrorism, nowhere is safe, even Lagos.

Smh. You aren't making any sense.

1 Like

Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 9:28am On Jun 05, 2016
arewafederation:


So ideally, raw materials for refineries are more abundant in the SS, but he chose not to locate it there.

You seem to also forget that there are Ports in the SS which can be used for moving products in and our of the country. Why can't they be depended upon?




The raw materials for the refinery aren't extracted by him. They have to extract and bring it to his refinery.
About the ports, you know very well that the Lagos ports are used for 90 percent of all maritime activity in Nigeria. They are more equipped and effective.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 9:29am On Jun 05, 2016
QuotaSystem:


Smh. You aren't making any sense.

Why are the IOCs still investing their money in oil and gas activities in Nigeria despite the risks?
Re: Dangote Refinery Video::world's Largest Refinery. Video. by Poweredbreww: 9:46am On Jun 05, 2016
arewafederation:
This is great!

Why would the 'real' owners of Lagos, with the highest number of imaginery billionaires allow the so much despised ab.oki to make such investment in their land??

This is unacceptable... angry




cc: IpoD miscreants

Lol. Dangote's investment alone in Lasgidi dwarf all there gala selling and armed robber business but you can never see the Hausas saying Lagos is no man's land.

Ambode signed an agreement with Kebbi just yesterday on rice production but the villagers from the red mud jew republic prefer to dream and brag over there pirated cd business in Lagos. Pathetic.

4 Likes 1 Share

Re: Dangote Refinery Video::world's Largest Refinery. Video. by QuotaSystem: 9:50am On Jun 05, 2016
SWG26:


Why are the IOCs still investing their money in oil and gas activities in Nigeria despite the risks?

That is the nature of calculated risk. If the required rate of return outweighs the risk in the absence of less risky alternatives, then operations remain feasible. That's why they've still not completely left.

Dangote on the other hand, has less risky alternatives in the SW which makes investing in the SS or SE less attractive.

I hope this elementary business logic isn't too complex for you to digest, regardless of your obstinacy.

1 Like

Re: Dangote Refinery Video::world's Largest Refinery. Video. by Poweredbreww: 9:51am On Jun 05, 2016
[s]
opiaoku:

my friend was banned for just supporting NDA on the grounds of supporting violence

Since when did nairaland decides who and who deserves the support of the masses? Seun my friend was banned unjustly with no rule covered
now this guy is allowed to roam about after insulting a whole 2 regions which violates rule 3

Seun you have to create a special button that will report directly to you any injustice by the mods with pictorial evidence because there are so many injustice going on here due to a bias partisan mod controlling politics section.
apc as opposition rode and romanced bokoharam on the detriment of Gej on nairaland now they are being irritated thereby using their mods to intimidate us
Seun are you in support of this injustice here? if not please create a special report button that will report directly to you including pictorial attachments.


cc
Lalasticlala obinoscopy Seun
[/s]

See this hypocrite. You think the mods dont know you own all the bloodykiller, necabudenezzar e.t.c handles. You broke rule 19 and the mod should even ban your IP

5 Likes

Re: Dangote Refinery Video::world's Largest Refinery. Video. by Poweredbreww: 9:54am On Jun 05, 2016
SWG26:


I don't give a damn where it sited. I am just faulting the logic and sentiments of some people on this thread thats all.

There Logic is that the refinery was sited in Lagos because Lagos is "peaceful", and the refinery would have been sited in the ND region if not for the activities of militants. Thats bullshit!

But why are you crying and pained nah. I just pray you dont kill yourself.

3 Likes

Re: Dangote Refinery Video::world's Largest Refinery. Video. by ALMUSTAQIM(m): 9:59am On Jun 05, 2016
rhymaster:
The people destroying their environment by blowing up pipelines, infrastructure and pushing away investors will cry so hard some day soon, and they will not be comforted. Majority of the job opportunities will be satisfied in the SW, more money to spend, more taxable income, more community benefits, etc. With less oil prospecting and investment in the SS and SE, and a damaged land and ecosystem, those areas will be in for a lot of suffering for sure!

God bless the SW.
God bless Nigeria!
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 10:04am On Jun 05, 2016
QuotaSystem:

That is the nature of calculated risk. If the required rate of return outweighs the risk in the absence of less risky alternatives, then operations remain feasible. That's why they've still not completely left.
Dangote on the other hand, has less risky alternatives in the SW which makes investing in the SS or SE less attractive.
I hope this elementary business logic isn't too complex for you to digest, regardless of your obstinacy.


If there's a need for Dangote to invest in the South East, he will do so. Not minding the risks.
Re: Dangote Refinery Video::world's Largest Refinery. Video. by ALMUSTAQIM(m): 10:04am On Jun 05, 2016
iyb:

Who is stupid enough to invest his money in the south East or south south. Dangote is smart he doesn't want to hear it's our oyel or its our land from a bunch of lawless savages. A smart business man measures risks before making any investment and dangote happens to be a smart business man. In Lagos there are no militants and lazy mofos who think they are entitled to ur money because your company is located In their land.
Invest in a place where ur mind is at ease shikenan

1 Like

Re: Dangote Refinery Video::world's Largest Refinery. Video. by ishiamu(m): 10:36am On Jun 05, 2016
opiaoku:
I'll reactive this evening
me i no know where ngeneukwenu dey oo
mr ngeneukwenu please come out Opiaoku loves you
may be em don turn wailer change moniker

1 Like

(1) (2) (3) (4) (Reply)

What Is The Meaning Of This? / Common Problems With Water Dispenser And Possible Solutions / TECNO Mobile To Set Up Assembly Plant In Nigeria

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 64
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.