Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,749 members, 7,817,066 topics. Date: Saturday, 04 May 2024 at 02:45 AM

Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos (59126 Views)

OPEC: Libya Overtakes Nigeria As Africa’s Biggest Oil Producer / Latest Update from Dangote Refinery, Ibeju-Lekki, Lagos (Photos and Videos) / Private Refinery Project In Ogun State,support Needed (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by swetjo(f): 4:47pm On May 10, 2019
The refinery should start working before any other thing
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by vaxx2: 4:50pm On May 10, 2019
dharrey2012:


ignorance!

California fast rail rail project has cost the state more than $120B, and the have not even gone half way.

NASA launches have exceeded $500b in the past
Your evidence pls.

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by grandstar(m): 4:50pm On May 10, 2019
kaen1317:
The only man qualified to be President...

The country won't do too well.

As a rent seeker, he may promote policies that benefit only him and his interest.

The ban on the importation has led to Nigerians paying very high prices for cement. This is unfair

2 Likes

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 4:50pm On May 10, 2019
Nukilia:
grin grin grin grin pbuilding refinery in the age of electric cars... Chai

You Nigerians are impossible. No wonder Dangote doesn't have any competition in Nigeria. Where you see gloom, he sees gold.

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by AutoReportNG: 4:55pm On May 10, 2019
AutoReportNG:


Watch this video... Start from 6.00


https://www.youtube.com/watch?v=OBnQ21NSpMw&t=621s

By the way, the total money include infrastructure, the fencing, the land gotten was a swampy land, they have to dredge it which takes them about 11 months, the machinery (abi na free), the equipment among others. Watch the video and you will understand


cc: @oz4real83
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 4:55pm On May 10, 2019
grandstar:


The country won't do too well.

As a rent seeker, he may promote policies that benefit only him and his interest.

The ban on the importation has led to Nigerians paying very high prices for cement. This is unfair

He is the opposite of a rent seeker. He is creating wealth and he must have made more millionaires than any Nigerian ever.
How then is he a rent seeker?
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by steve6: 4:56pm On May 10, 2019
One word...massive !
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by oweman: 4:57pm On May 10, 2019
If Dangote is an iboma no person male or female would be allowed to breathe fresh air in Niggeria .

2 Likes

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by nimoxrealty(m): 4:57pm On May 10, 2019
Thank God we are gradually approaching the time when it will start operations.

80% completed 4 bedroom all ensuit at springview estate, ogolonto, ikorodu.
Price:15m
Telegram-
https:///nimoxrealty
Whatsapp-
https:///2348166253319
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by etrader(m): 4:58pm On May 10, 2019
Nigerians should not expect much from Dangote refinery....take a look at cement sector the guy monopolized that sector and control the price today. The price of cement never goes down always goes up......Don't expect you buy petrol at rate of #145 per litre be expecting #250 per litre

2 Likes 1 Share

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by bonnyhope: 4:58pm On May 10, 2019
dalaman:
This report is false, how can they say the refinery gulped 130 billion dollars? Are they mad?

dont mind the reporter
the estimate cost (total) of the entire project is $15billion

2 Likes

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by gaskiyamagana: 4:59pm On May 10, 2019
TheTourist:
DANGOTE AND HIS NOTHERN ALLIES ON THEIR WAY TO MONOPOLIZING THE ENTIRE NATION.
Why can't IGBO billionaire and Yoluba billionaire do the same even at lower level of that of Dangote?

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Temptee101(m): 5:00pm On May 10, 2019
dalaman:
This report is false, how can they say the refinery gulped 130 billion dollars? Are they mad?
Don't mind them, when it's finally completed, it would have swallowed 3 trillion dollars. Just dishing out figures carelessly

4 Likes 1 Share

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by MycroftHolmes: 5:01pm On May 10, 2019
dalaman:
This report is false, how can they say the refinery gulped 130 billion dollars? Are they mad?

I wonder oo.

Even Bill Gates' net worth is not up to 130 billion dollars.
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by grandstar(m): 5:02pm On May 10, 2019
Guestlander:


He is the opposite of a rent seeker. He is creating wealth and he must have made more millionaires than any Nigerian ever.
How then is he a rent seeker?

Asking government to ban a certain product for your benefit is rent seeking .

The high cost of cement adversely affected the construction and housing industry.

A player in that industry said scores of projects where abandoned due to the high cost of cement.

More jobs were lost than was gained from that ban.

2 Likes

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by phantom24: 5:04pm On May 10, 2019
dalaman:
This report is false, how can they say the refinery gulped 130 billion dollars? Are they mad?
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Debaiz: 5:06pm On May 10, 2019
Donald95:


He should sell out our useless refinaries first then through NNPC, or other bodies, he should control price.


They can’t sell them off until this one is functional in other not to kill it before it even starts.


There’s likelihood those ones would be bought by bigger corporations that could put dangote out of business before it even starts. So to avoid such, they will have to allow this one to thrive before selling off ours.
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 5:07pm On May 10, 2019
etrader:
Nigerians should not expect much from Dangote refinery....take a look at cement sector the guy monopolized that sector and control the price today. The price of cement never goes down always goes up......Don't expect you buy petrol at rate of #145 per litre be expecting #250 per litre

It is nothing short of amazing that he is doing all of these things with non existence infrastructure. No electricity, bad roads, epileptic train services.
All these things impact negatively on costs of production. The alternative is to import but then we will be providing employment for some other countries while millions are jobless in Nigeria.
We need our government to step up and do their part. Dangote is doing his own part brilliantly.

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by phantom24: 5:07pm On May 10, 2019
[quote author=phantom24 post=78276610][/quote] Before they said d total cost of d project was $10 or so.
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 5:09pm On May 10, 2019
grandstar:


Asking government to ban a certain product for your benefit is rent seeking .

The high cost of cement adversely affected the construction and housing industry.

A player in that industry said scores of projects where abandoned due to the high cost of cement.

More jobs were lost than was gained from that ban.

The government did the right thing. Allowing for unregulated importation is basically providing employment for some other countries while Nigerians are left poorer and jobless.
If you say the government doesn't allow anyone to set up a cement factory except for Dangote then you have a point.
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by grandstar(m): 5:10pm On May 10, 2019
Guestlander:


The government did the right thing. Allowing for unregulated importation is basically providing employment for some other countries while Nigerians are left poorer and jobless.

And who told you imports don't create jobs? Who?

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 5:12pm On May 10, 2019
grandstar:


And who told you imports don't create jobs? Who?

Of course, depending on what you import. Raw materials for your company for example. If all you import are finished products you are basically providing employment for some other countries.

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by ClilT: 5:23pm On May 10, 2019
Government loan and aid at work! If this man dear dip hand in his account to finance this enormous project, he would be reduced to an average Nigerian. See as north dey favour north, other tribes dey busy dey fight each other. Mumu suppose don do
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by grandstar(m): 5:23pm On May 10, 2019
Guestlander:


Of course, depending on what you import. Raw materials for your company for example. If all you import are finished products you are basically providing employment for some other countries.

And who told you importation of finished goods does not create employment?

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by kingsley31(m): 5:25pm On May 10, 2019
TheTourist:
DANGOTE AND HIS NOTHERN ALLIES ON THEIR WAY TO MONOPOLIZING THE ENTIRE NATION.
Why didn't your southern brothers think of constructing their own refinery. Something good is coming that will benefit everyone you are here bringing regionalism
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Guestlander: 5:26pm On May 10, 2019
grandstar:


And who told you importation of finished goods does not create employment?

It does, that is why millions of Nigerians are gainfully employed and unemployment is zero in Nigeria. The real rent seekers are the importers who contribute little to the growth of the economy.
Warped logic in a country that depends on importation for almost everything.

1 Like

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by INTEGRITYA1(m): 5:42pm On May 10, 2019
Opportunities in disguise, we are hoping things work out well.

God bless Nigeria
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by BrainSanitizer: 5:43pm On May 10, 2019
dharrey2012:


ignorance!

California fast rail rail project has cost the state more than $120B, and the have not even gone half way.

NASA launches have exceeded $500b in the past

Keep lying to yourself.
I'm sure you're talking about a California in Zimbabwe and not the one we all know.
FYI, the California Rail Project was estimated at $40 billion in 2008.
The government kept reviewing the cost and date of completion over the years. The last review was done in March 2018 and the cost was put at $77.3 billion to $98.1 billion.
Stop posting wrong information please.

https://www.reuters.com/article/us-california-governor-rail-idUSKCN1Q12II


Maybe you've forgotten so soon that Dangote himself said the project would cost between $12 billion to $14 billion dollars!

1 Like 1 Share

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by BrainSanitizer: 5:52pm On May 10, 2019
vaxx2:
Your evidence pls.


Don't mind all these post-without-verification crew.
Dangote himself said in an interview last year that the project would cost between $12 billion to $14 billion.
I don't know why people don't do a little verification before they type nonsense.

4 Likes 1 Share

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by grandstar(m): 5:52pm On May 10, 2019
Guestlander:


That is why millions of Nigerians are gainfully employed and unemployment is zero in Nigeria. The real rent seekers are the importers who contribute little to the growth of the economy.

Is it really true that importers contribute little to the economy?

All one has to do is to visit markets such as Alaba, Computer village, Balogun and many others to see the benefits of imports.

The bustling markets have made thousands wealthy and wealth trickles down. When you visit these stalls, you see lots of people they employ.

Multiply this several all over the country and you realise that millions of people make a living from imports as businessmen, employers and employees

We haven't included transporters, bankers and many other sectors than benefit massively from imports.

I remember when Agangan, the minister of investment during Jonathan's term lifted duty on imported textiles and other goods

There was a visible uptick in demand for warehousing.

For instance, the US found out that for every 1cent reduction in import duty created 3cents of profits.

Imports have been Nigeria's problem but rather exports. Switzerland with only 8m people imports $200b of goods yearly and exports $220b..

Nigeria with 201m people imports about $50b worth of goods. Nigeria needs to focus on non-oil exports.

2 Likes 1 Share

Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by Ifeoluwaseun(m): 5:53pm On May 10, 2019
Would you like your Business or Company registered with "Corporate Affairs Commission" (CAC)?

Would you like to apply for a Change of Name on Newspaper, and get Name published in just 24 hours?

Call/SMS: 08136863589
WhatsApp: 08097511688

For your instant services.

If I also show you how your 2,000 Naira will make you a "Millionaire", will you do it? If "YES", chat/inbox me on the above contacts immediately.
Re: Dangote Refinery: The Making Of Africa's Biggest Private Refinery - Photos by ThothHermes: 5:54pm On May 10, 2019
dharrey2012:


ignorance!

California fast rail rail project has cost the state more than $120B, and the have not even gone half way.

NASA launches have exceeded $500b in the past
Single launch?

Bros take am easy abeg.

And that refinery is $10B at most. E fit no reach self.

1 Like 1 Share

(1) (2) (3) (4) (5) (Reply)

South African Student That Squandered N392m Accidentally Found In Her Account / Four Major Events Since CBN Announced Naira Notes Redesign / Mike Adenuga Names A Street After Himself In Banana Island, Residents Kick

(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. 43
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.