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19 Facts About Dangote’s Refinery And Petrochemical Plant - Business (2) - Nairaland

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PHOTOS: Dangote & MD, Nigerian Ports, HB Usman At Dangote Petrochemical Refinery / 20 Facts About Dangote’s Refinery And Petrochemical Plant / 21 Facts About Dangote’s Refinery And Petrochemical Plant (2) (3) (4)

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Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by Dhanidhamy(m): 7:22am On Sep 08, 2016
let's be optimistic and believe Nigeria will be great,good work Dangote.
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by DatBenueBoi(m): 7:23am On Sep 08, 2016
Dangote-Naija's version of Carlos Slim-Helu.
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by drlaykay(m): 7:24am On Sep 08, 2016
All this benefits and the government does not see it as important to build one all this years.

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by toocoded: 7:25am On Sep 08, 2016
E try
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by TedBaker(m): 7:25am On Sep 08, 2016
Dangote u don pass water i swear.
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by Kelluckom: 7:27am On Sep 08, 2016
[b][/b]gud talk
seguun:


some our billionaires already have refineries abroad...and are benefiting from the current situation of the country.

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by bkool7(m): 7:28am On Sep 08, 2016
honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.

License had been issued to people to build but up till now, Noone is building.


www.imostateonline.com/economy/commerce/1360-buhari-approves-65-licences-for-private-refineries

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Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by bayelsaowei(m): 7:28am On Sep 08, 2016
This is cool.... cool


Dangote himself...
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by doneil: 7:28am On Sep 08, 2016
Good vision from Dangote though would love the government to support other companies as they do for him.. Licences for modular refineries have been issued to some companies , not bad if they open it up to other companies and then give them real support in terms of good foreign exchange rate for import of equipments , obtaining other permits , support for loans from both local and international source. These modular refineries if built the throughout the whole country would constitute a major booast than just Dangote.. Not cool for when the revelation was made that 10% of the CBN dollar rate was given to him.

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Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by Kelluckom: 7:29am On Sep 08, 2016
[b][/b]I love his plan
GMBuhari:
Dangote is a very bad sharp guy

I think he has plans

But not political

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by Whynotthetruth(m): 7:30am On Sep 08, 2016
honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.

Not too sure but I think the bias in policy formulation cum implementation in Nigeria is also a factor... Example; Ibeto cement that was clamped down under Obj for Dangote cement with other brands sited in North to grow...Same Ibeto came back to business under Jonathan...and is having issues again under Buhari...

Dangote seems more a monopolist than a capitalist btw

4 Likes 1 Share

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by doneil: 7:30am On Sep 08, 2016
Good vision from Dangote though would love the government to support other companies as they do for him.. Licences for modular refineries have been issued to some companies , not bad if they open it up to other companies and then give them real support in terms of good foreign exchange rate for import of equipments , obtaining other permits , support for loans from both local and international source. These modular refineries if built throughout the whole country would constitute a major booast than just Dangote refinery.. Not cool for when the revelation was made that 10% of the CBN dollar rate was given to him.

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by babyfaceafrica: 7:31am On Sep 08, 2016
Nice one

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by shaddoww: 7:33am On Sep 08, 2016
honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.
Others are not interested since no free money will come out of it.

2 Likes

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by Nobody: 7:34am On Sep 08, 2016
honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.
Actually, other people (companies) have been given licenses to build refineries. For eg, there is the Orient refinery project in Anambra.

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by HCF(m): 7:34am On Sep 08, 2016
Love Machine:
Dangote is exploitative.
If that's your understanding of his business acumen, then I think exploitation that results in the aforementioned benefits is far better than the conspiracy of other influential cabal who brought the country's economy down on its knees!

3 Likes

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by Rahym001(m): 7:35am On Sep 08, 2016
author=Pprovost post=49170756]God bless Dangote. He singlehandedly made the "Northerners" relevant in Nigeria.



He may singlehandedly take Nigeria out of the wood too cool

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by Sall(m): 7:36am On Sep 08, 2016
Love Machine:
Dangote is exploitative.





What stop you from been exploitative and at the same time wait to see the result.ewuu

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by MARKone(m): 7:36am On Sep 08, 2016
honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.

This is how they make things very difficult for others who want to import sugar.
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by samx4real(m): 7:41am On Sep 08, 2016
Working on my self to be part of his Petroleum engineering team.








So help me God

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by maasoap(m): 7:42am On Sep 08, 2016
cyberdurable:
[size=20pt]one fact about Nigerians We are Hungry[/size]

[size=15pt]Buhari yaf killed us all[/size]
You're not dead yet. Or, are you posting comments from heaven?

1 Like

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by haruna99: 7:43am On Sep 08, 2016
May the good Lord see you through egbo Dan
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by vikkeee(m): 7:44am On Sep 08, 2016
Anything I close my eyes all I see is me being chairman of group of companies. Can't wait for it to happen
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by obamazeroone: 7:45am On Sep 08, 2016
I tink the man is doing well
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by giantstrides(m): 7:47am On Sep 08, 2016
vikkeee:
Anything I close my eyes all I see is me being chairman of group of companies. Can't wait for it to happen

open your eyes dude, and get to work

2 Likes

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by ChrisEsq: 7:49am On Sep 08, 2016
Orisun Estate, Ibeju-Lekki is located just beside the refinery. It is on a very dry land with all legal title. It is affordable and has the most attractive payment plans that stretch as far as 24months. For detail and inspection call Chris 08164173622

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Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by HonabFaj(m): 7:49am On Sep 08, 2016
May God continue to be with him and bless him the more ,may this project be a success . More Power to your elbow .#Dangote #WeAreNigerians #ANewNigeria #ANewNation
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by naptu2: 7:50am On Sep 08, 2016
honeychild:
Please o, was Dangote given an exclusive license to build refineries? Why is no other Nigerian doing so? I know we have other billionaires who can afford such a project.

Please pardon my ignorance, I am genuinely curious.

Other nigerians are building refineries, but it is an expensive and difficult task, so Dangote has the advantage of being richer and being able to attract more experienced people to his refinery. That's why it's getting more attention.

Oando plan to build a refinery in Badagry.

Captain Emmanuel Iheanacho also plans to build a refinery in Badagry.

The Ogun and Ondo state governments plan to build a refinery at Olokola.

3 Likes

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by cyrilamx(m): 7:53am On Sep 08, 2016
The same Nigerians applauding Dangote's business acumen, no doubt, he is, are same who will pillage n loot their way to success when they find their way into government parastals,thus rendering government unfunctional. What a paradox!

3 Likes

Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by cyberdurable(m): 7:53am On Sep 08, 2016
maasoap:

You're not dead yet. Or, are you posting comments from heaven?

Am hungrily dead...
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by oluwasegun007(m): 7:53am On Sep 08, 2016
My question is, When will production kick-offf
Re: 19 Facts About Dangote’s Refinery And Petrochemical Plant by obailala(m): 7:54am On Sep 08, 2016
izzou:


A businessman is after his pockets bro
Do you know why all the refineries in Nigeria are dead?.... it's because the government in collaboration with big businessmen killed the refineries so they can import fuel and make trillions from subsidies. Most of these so called devilish businessmen (including some leaders) actually stole money from Nigeria and built refineries in other countries from where they refine and import fuel to Nigeria and get massive subsidy payments; at a point, even Ibori was rumoured to have a refinery in south africa (a non-oil producing nation).

So coming back to Dangote, if Dangote was like every other businessman who was only out to make money even at the monumental detriment of Nigeria, Dangote could have made much more money locating his refinery outside Nigeria and joining the fuel import crew, but he did the opposite which no single businessman has done till date.

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