Slawormir:

This might reduce government spending
And increase job creation

In developed nation the private sector many pass government sector

sulaak:


A capitalist country will encourage competition by selling the four-state own refineries to Dangote competitors and encourage competition, instead of monopoly.

Jestin:
So Nigeria is going to depend on a private refinery to stop importation of fuel.....Na wah for my country.....FTC

J2381:
The question remain why Dangote? Why can't the federal government make our refineries work? Or is Dangote now bigger than the federal government?

ednut1:
https://www.google.com/amp/s/www.vanguardngr.com/2015/07/how-yaradua-was-pressurised-to-revert-refineries-sold-to-dangote-obasanjo/amp/ Yar adua how i wish you are alive to see this blunder of yours . I passed through the refinery yesterday it looks so far from completion

Hamazz1:
Kudos to Dangote shame on my country by this the entire federation is giving one man I mean one single soul the sole power to create artificial scarcity , determine price , production among many others.
Should he choose to frustrate., the govt will be helpless in countering the plight of Nigerians .
What a shame.

spacechuks:
Shame on Nigerian government for giving this dangote control over the economy.mind you the source of your raw material emanates from Niger delta,therefore one day we will wake up and regulate the influx of raw material to your refinery or better still you can import crude from another country. Shitehole

Jestin:
So Nigeria is going to depend on a private refinery to stop importation of fuel.....Na wah for my country.....FTC

sulaak:
This is state capture at it's worst.

Complete madness, why ain't the four refineries working, it has been 5 years and Buhari the Minister of Petroleum has failed to do his job.

sulaak:
A capitalist country will encourage competition by selling the four-state own refineries to Dangote competitors and encourage competition, instead of monopoly.

shalomblue:
Dangote's first priority will be how to pay back the loans used to set up the refinery and not how Nigeria will save x amount of billions.
If FG had set up a refinery same time as Dangote started, the refinery would have been operational by now but they would rather place the future of an entire nation to a man that dreams of being the richest man on earth by merely producing sugar, cement etc.

onecoder:
Like the billions he's currently saving in cement

Biglittlelois:
Exactly, and it's really a very stupid thing to do, forgetting the fact that the other part of the world is moving towards everything electric, sad.

9jaRealist:


They didn't "give" Dangote anything....
Nigerians have such a rent-seeking mentality that they are always looking for 'allocation'!

This is an INVESTMENT financed entirely by Dangote (through equity and debt)...
And it's a RISKY one, which is why the 28 other private refineries licensees BEFORE Dangote did jack!
>

Jestin:
So Nigeria is going to depend on a private refinery to stop importation of fuel.....Na wah for my country.....FTC

Rossikk:


Honestly, you have time.

sulaak:


A capitalist country will encourage competition by selling the four-state own refineries to Dangote competitors and encourage competition, instead of monopoly.

lexy2014:


In developed countries, d private sector isn't dominated by monopolies

voltron14:


Did Dangote inherit a Refinery?

J2381:
The question remain why Dangote? Why can't the federal government make our refineries work? Or is Dangote now bigger than the federal government?

Jestin:
So Nigeria is going to depend on a private refinery to stop importation of fuel.....Na wah for my country.....FTC

Jestin:
So Nigeria is going to depend on a private refinery to stop importation of fuel.....Na wah for my country.....FTC

nwekeugochukwu:
Ahmed said: “We are very confident that once Dangote refinery commences operation it will save us over $10 billion Nigeria spent on importing crude oil and also help to build local capacity and create jobs. The money we save will help to strengthen our macroeconomy and this will, in turn, encourage investors to come in.

Rossikk:


STOP TALKING LIKE A DUNCE. You people need to get it out of your THICK SKULLS that the 'GOVERNMENT' is father christmas that is meant to provide everything for you.

A properly functioning economy relies heavily on the private sector and private investors to provide services, while the government's role is to provide regulatory oversight, basic infrastructure etc. This whole idea that everything is down to ''GOVERNMENT'' is what is killing you people. That is why nobody wants to come up with any ideas to do anything. You are all waiting for ''Government''. RIDICULOUS PEOPLE.

The other day someone was blaming the GOVERNMENT for not building factories to manufacture ''toothpick'', instead of us importing same.

HOW THE FCK IS THE GOVT'S JOB TO BUILD FACTORIES? IT IS YOUR JOB.

The USA govt does not build factories or refineries. These are all private sector activities. But in Nigeria, everybody sits on their fat ass waiting for GOVERNMENT to do everything.

Helpless, hopeless entities.

muykem:
God help me too. Dangote is enjoying enabling environment from one government to another. They will rather kill small businesses than to allow Dangote to complain.