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Nairaland Forum / Nairaland / General / Business / Dangote Refinery Video::world's Largest Refinery. Video. (11125 Views)
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Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:30am On Jun 05, 2016 |
arewafederation: 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: This guy is funny. |
Re: Dangote Refinery Video::world's Largest Refinery. Video. by patrickmuf(m): 8:31am On Jun 05, 2016 |
CreampieAngela: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: 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 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: Obviously. 1 Like |
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 8:38am On Jun 05, 2016 |
patrickmuf: 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: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: 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: 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: 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: 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: 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: 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: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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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:[/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: 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: |
Re: Dangote Refinery Video::world's Largest Refinery. Video. by SWG26: 10:04am On Jun 05, 2016 |
QuotaSystem: 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: 1 Like |
Re: Dangote Refinery Video::world's Largest Refinery. Video. by ishiamu(m): 10:36am On Jun 05, 2016 |
opiaoku:may be em don turn wailer change moniker 1 Like |
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