₦airaland Forum

chrisbaxtian:
smh. dangote is a government made billionaire. the way he became rich was at the expense of enabling competition in areas he invested in. there was a time he was the sole importer of cement in Nigeria. now he is being given a heads start in the private refinery business with no one else to compete with him

No one else is coming out and not everything is what you think, when he was busy investing heavily in Cement production why is there no one investing heavily in Refinery in Nigeria? Government policies is part of Business whether you like it or not and it is the Government duty to make Favourable policies and make the Market Favourable for Investors and Private sectors in a Country, you can not blame him for taking advantage of the Government Policies because it is also part of the business and he can not just invest anywhere if there is no Government policies that make the Market Favourable, it is pure Business.

EMIOMOADEOYE:
Meanwhile Buhari is still waiting for Osi to come and explain the meaning of your response.

Zombie, lifeless FC supporter. Remember Karma and posterity.

hank You For Believing in us

Olawalesmarter:
He borrowed money from CBN he would repay it with interest

The forex one nko that he got an unfair advantage?

Ofemmanu1:
Tell me the year, then we can proceed.

2018 how many times will I say this ofemmanu1

Olawalesmarter:
why are you hating on this man for no reason? He is a Business man and he will use every advantage to make profits, and it is also the Federal Government duty to make the Market Favourable for Private sector. What's really wrong with Nigerians ? you always think everything have an agenda, if he was a foreign investor Nigerians would still complain

Why will we not hate on him? He is using our taxpayers money to feather his nest because of political patronage SMH.

StrikeBack:
2018 how many times will I say this ofemmanu1

Okay, thanks.

Bye.

obailala:
Dangote will not sell petrol less than N200. When his refinery comes fully on stream, and when Nigeria starts producing enough to meet local demand, the govt will totally halt the importation of petroleum products, and then fully deregulate the downstream sector, thereby giving Dangote and his tiny competitors (i.e. owners of the other tiny modular refineries) full monopoly. When thay time comes, Dangote will sell petrol for not less than N200, and Nigerians will have zero choice but to buy it like that. This isn't just an empty prophecy, its a logic based prediction.

At the end though, the stoppage of fuel imports would give Nigeria's economy a turnaround; that's the only bright side, which of course is really bright.

And you forgot make the people poorer without commensurate salary increases. So we can get an unassailable lead as the poverty capital of the world. Well done. See how I punched holes in that your stupid logic.

yemi15:
The forex one nko that he got an unfair advantage?

Government have a role in every Business and it is the Government duty to work hard to Favour Investors and Private sectors, receiving favours from Government to make everything easier for the Business is not corruption it is part of every Private investors right.

ojuu4u:
All over the world govt support her citizens in business-wise, e.g during Obama reigns he supported GM (general motors) bailout to reflate his business, why? Government knows if businesses ( foreign or indigenous) collapse in the country, it has aggregate negative effect on macro economy of the nation,

Pls don't be myopic on issue of Dangote , what about (1). sooooo ooo many jobs that it would create. (2) influx of foreign exchange earning to Nigeria economy. (3). Marginal reduction in crime no matter how small it may be. etc


Meanwhile if you read the article very well , CBN gov say he had not seen anyone again that comes out for establishment of refinery, he reiterated that if anybody comes out, he or she will be supported with forex,

Bailout is different from offering someone an unfair advantage. One for bailout is for a company that exists and people will definitely lose jobs without the bailout. Two, you are arguing about is the same is for a company that does not even exist and people do not have jobs in them. Apples and oranges bro. They are not the same.

yemi15:
And you forgot make the people poorer without commensurate salary increases. So we can get an unassailable lead as the poverty capital of the world. Well done. See how I punched holes in that your stupid logic.

Stop all these nonsense, and stop bitching about Private Investors someone have to take the mantle whether you like it or not, every sectors in the USA is own by Private Sectors and it is working for them

Olawalesmarter:
Government have a role in every Business and it is the Government duty to work hard to Favour Investors and Private sectors, receiving favours from Government to make everything easier for the Business is not corruption it is part of every Private investors right.

Government does not have a role in business in saner climes. The role of government is regulation and providing an enabling environment for business. Chikena. As for bailout, government is only concerned about the job losses and the trickle down effect on the economy. And the business you even talked about does not even exist! People have not been hired or even started work! So where are the job losses going to come from. What is wrong is wrong. I have said my own.

Ofemmanu1:
Okay, thanks.

Bye.

My bad!
It's 2014 model.. I thought you asked the year i got it.

yemi15:
Bailout is different from offering someone an unfair advantage. One for bailout is for a company that exists and people will definitely lose jobs without the bailout. Two, you are arguing about is the same is for a company that does not even exist and people do not have jobs in them. Apples and oranges bro.

I don't like argument sir, I mentioned at least 3 advantages, meanwhile you said company not exist, uhmmm, you are wrong, Dangote refinery exists, people have been working thr as employees since 3 years now, he sent some batch of engineers to India, it will only becomes FULLY operational next year , where tens of thousands would be working there.... direct and indirect jobs.


U also talked about bailout, if it's Nigeria that govt gives bailout to individual coy, you will be the first person to condem it, .....in economics they call them INCENTIVE. ( Bailout, forex, tax holiday, not paying tax atime etc)



Judgemental is not positive behavior, bye

yemi15:
Government does not have a role in business in saner climes. The role of government is regulation and providing an enabling environment for business. Chikena. As for bailout, government is only concerned about the job losses and the trickle down effect on the economy. And the business you even talked about does not even exist! People have not been hired or even started work! So where are the job losses going to come from. What is wrong is wrong. I have said my own.

Don't say what you don't know out of hatred or ignorance, Many Nigerians have been employed and hired i watched a Video on UTUBE that showed thousand working on the Refinery and Some Engineers were sent abroad to gain more knowledge about how to work in the Refinery and many more people will still be employ, this will bring a lot of Change to Nigeria positively. NNPC is a bottomless Pit that have been sinking Billions of Naira for decade, you can't keep doing the same thing over and over again and Expect different result. Government have a lot of role in business if you don't know

StrikeBack:
Hp envy 360 core i5- 5200U 8gb ram 500gb Touch screen Keyboard light 3 hours battery life 2 hours plus for media Screen size 15.6 Windows 10 Home Clean ... 2.20GHZ speed

How much na?

StrikeBack:
Hp envy 360 core i5- 5200U
8gb ram 500gb
Touch screen
Keyboard light
3 hours battery life
2 hours plus for media
Screen size 15.6
Windows 10 Home
Clean ...
2.20GHZ speed

@ what rate u fix it? Am interested

Olawalesmarter:
Stop all these nonsense, and stop bitching about Private Investors someone have to take the mantle whether you like it or not, every sectors in the USA is own by Private Sectors and it is working for them

But people are being paid fair salaries bro. As I said, apples and oranges. They are not the same. By the way, the US you mentioned is light years away and away from Nigeria.

Olawalesmarter:
Don't say what you don't know out of hatred or ignorance, Many Nigerians have been employed and hired i watched a Video on UTUBE that showed thousand working on the Refinery and Some Engineers were sent abroad to gain more knowledge about how to work in the Refinery and many more people will still be employ, this will bring a lot of Change to Nigeria positively. NNPC is a bottomless Pit that have been sinking Billions of Naira for decade, you can't keep doing the same thing over and over again and Expect different result.

Has the refinery started? No. So all that training means na da. They are not working currently. If they were working, bailout could suffice.

ojuu4u:
I don't like argument sir, I mentioned at least 3 advantages, meanwhile you said company not exist, uhmmm, you are wrong, Dangote refinery exists, people have been working thr as employees since 3 years now, he sent some batch of engineers to India, it will only becomes FULLY operational next year , where tens of thousands would be working there.... direct and indirect jobs.


U also talked about bailout, if it's Nigeria that govt gives bailout to individual coy, you will be the first person to condem it, .....in economics they call them INCENTIVE. ( Bailout, forex, tax holiday, not paying tax atime etc)



Judgemental is not positive behavior, bye

It is not incentive any day where one man accesses the incentives alone. Fvck the jobs he creates.

Racoon:
Thought the involment of Aliko Dangote in the sector was to liberilize the market and create more consumer friendly competition?

So we're still going back to where we started again And another entrepreneur is being set up by the Buhari cabal to create another monopolistic market.Nigeria your redemption lies with Atiku/Obi.

NNPC must be unbundled.PIB must be pass as a legislation to liberalize the downstream petroleum sector.Allocation of oilblocks must be made transparent.

Use your brain. The man said he'll fix his price in accordance with international standard. He'll sell at international price to Nigeria. We won't have to spend so much shipping it. And since shipping expenses are not there, the price will be lower than our local pump rice

yemi15:
It is not incentive any day where one man accesses the incentives alone. Fvck the jobs he creates.

Ok, I can see I know your type

yemi15:
But people are being paid fair salaries bro. As I said, apples and oranges. They are not the same. By the way, the US you mentioned is light years away and away from Nigeria.

They developed after Privatization of most of their sector. Health, Education, etc are all privatized. Privatization is the only way to fight Corruption in Nigeria

biggy26:
How much na?

bros na 140k but we fit negotiate well

Omoogboye:
@ what rate u fix it? Am interested

140k but we can still discuss on the price

projected price will be around 350 to 400 per litre.

Take your envy and your spoon and go make a thread of your own. Stop spamming the thread

StrikeBack:
Hp envy 360 core i5- 5200U
8gb ram 500gb
Touch screen
Keyboard light
3 hours battery life
2 hours plus for media
Screen size 15.6
Windows 10 Home
Clean ...
2.20GHZ speed

yemi15:
And you forgot make the people poorer without commensurate salary increases. So we can get an unassailable lead as the poverty capital of the world. Well done. See how I punched holes in that your stupid logic.

You're obviously not as smart as you think you are. That's the reason you instantly misunderstood the point I was trying to make, and instead of asking for a clarification (as normal people do), you jumped instantly to unleash insults (which is the typical approach of dull people trying to look smart).

Olawalesmarter:
They developed after Privatization of most of their sector. Health, Education, etc are all privatized. Privatization is the only way to fight Corruption in Nigeria

Privatization is not the only way to stop corruption in Nigeria and can never be. Instead of privatizing what the government should own, how about outsourcing the recruitment instead to a company such as dragnet to hire people on merit thereby stopping nepotism that is the more serious and salient problem than the corruption you mentioned.

If people are not hired on merit, how do you expect them to be accountable to anyone?

That is a food for thought.

My 2 cents.

how much last

StrikeBack:
Hp envy 360 core i5- 5200U
8gb ram 500gb
Touch screen
Keyboard light
3 hours battery life
2 hours plus for media
Screen size 15.6
Windows 10 Home
Clean ...
2.20GHZ speed

Michael11stock:
how much last

130k last

yemi15:
Privatization is not the only way to stop corruption in Nigeria and can never be. Instead of privatizing what the government should own, how about outsourcing the recruitment instead to a company such as dragnet to hire people on merit thereby stopping nepotism that is the more serious problem than the corruption you mentioned.

If people are not hired on merit, how do you expect them to be accountable to anyone?

That is a good for thought.

My 2 cents.

people that were even hired on merit also engage in corruption. If every sector is privatize, they will only hire people on merit and they will not only hire people on merit they will be adequately supervise because the people in charge will not want to be out of Business and there will be no safe environment for Corruption, anyone that try to engage in corruption will be catch easily and dismiss and no one will want to lose their Job, and the people in charge of the business will try everything to make sure they are doing well so as to stay in business. The Government Job will be to tax, regulate and help all these private sectors activities and make sure their services is not detrimental to the People in every aspect Easy Peasy. It is working for developed countries and it will also work for us