justosee:
is dangote richer than Nigeria? why can't we build a refinery if that is all we need to prevent recession?

Ramsak1:
There is no such thing as monopolistic capitalist, Capatilism is capitalism everywhere in the world. Imagine individuals throwing a sitting POTUS out of social media sphere as if its nothing, so the flaws of capitalism still remains. Now in the case of Dangote, nobody gave him preferential treatment atleast we all know he's not the only northern business man around. what made the whole situation looks like a monopoly for Dangote is that, at a time where people like Olawuyo and Ibetto were importing cement to be re-bagged in Nigeria, Dangote initially too was importing but he later saw beyond them and took the risk of trying to start an indegenious cement production factory and by soo doing he pushed Ibeto and Olawuyo out of business, the gov't had to support Dangote because he saves them huge amount of forex annually. Now about the oil industry, Otedola nd others have being importing PMS for ages, FEDGOV gave over 60 licenses for refinaries to ingenious investors since 2013, yet none of then did nothing, Dangote again with his balls took the initiative to invest in oil refining liquidating a lot of his companies, taking loans, selling more of his cement companies in shares to source for fund for this project. Now tell me where is the monopoly
A lot of Nigerians prefer to stack their funds abroad buying properties all over the world and living large rather than to invest in their country. If anybody today starts to produce in Nigeria, success is a sure for him.

arsenal33:
you are still wailing

ethicallyright:
Nigerian youths are pushing Nigeria deeper into recession by storing money that should be circulating in the economy as virtual currencies somewhere in the internet instead of investing in the production process no matter how small.

When I now become a billionaire in future after making the right moves in the manufacturing industry they'll now shout "monopoly".

Manufacturers are still the richest people, anywhere in the world. To be regarded as a wealthy person, one must own the means of production . To help your economy, you must create wealth through production.

Jeff Bezos (Amazon) , Elon Musk (Tesla) , Bill Gates, Mark Zuckerberg (Facebook) etc though regarded as tech billionaires still produce goods or services which gives worth to their stocks depending on how they perform in the market.

gimakon:




You are a fool. Wailing? Did I hear you well? This useless statement you made is the most ridiculous statement ever.
I am Laughing at your imbecility, you and this useless government both.


See as una do nigeria now. Hope you are happy. Anuofia,

landforeast:
That is why wise people are already buying up Lands around the refinery. In case you don't know Dangote refinery is located a story throw from Lekki free trade zone and Lekki Deep seaport. Just close your eyes and imagine how much a plot of land will worth here in the future and the economic benefits that will be associated with having properties in the ibeju-lekki axis.
Now is the best time to invest
Check myself signature for contact details let me guide you on how to invest in Ibeju-Lekki

landforeast:
That is why wise people are already buying up Lands around the refinery. In case you don't know Dangote refinery is located a story throw from Lekki free trade zone and Lekki Deep seaport. Just close your eyes and imagine how much a plot of land will worth here in the future and the economic benefits that will be associated with having properties in the ibeju-lekki axis.
Now is the best time to invest
Check myself signature for contact details let me guide you on how to invest in Ibeju-Lekki

congi:
Audio refinery.

Ramsak1:
There is no such thing as monopolistic capitalist, Capatilism is capitalism everywhere in the world. Imagine individuals throwing a sitting POTUS out of social media sphere as if its nothing, so the flaws of capitalism still remains. Now in the case of Dangote, nobody gave him preferential treatment atleast we all know he's not the only northern business man around. what made the whole situation looks like a monopoly for Dangote is that, at a time where people like Olawuyo and Ibetto were importing cement to be re-bagged in Nigeria, Dangote initially too was importing but he later saw beyond them and took the risk of trying to start an indegenious cement production factory and by soo doing he pushed Ibeto and Olawuyo out of business, the gov't had to support Dangote because he saves them huge amount of forex annually. Now about the oil industry, Otedola nd others have being importing PMS for ages, FEDGOV gave over 60 licenses for refinaries to ingenious investors since 2013, yet none of then did nothing, Dangote again with his balls took the initiative to invest in oil refining liquidating a lot of his companies, taking loans, selling more of his cement companies in shares to source for fund for this project. Now tell me where is the monopoly
A lot of Nigerians prefer to stack their funds abroad buying properties all over the world and living large rather than to invest in their country. If anybody today starts to produce in Nigeria, success is a sure for him.

arsenal33:
you think the government can run a refinery successfully? Wake up.

Omihanifa:
Nigeria should stop relying on Petro dollar if she doesn't want to be going and coming out of recession everytime, there are so many areas /sectors in the economy that can generate enough foreign exchange for the country which the federal government is not exploring. Sectors like agriculture, tourism and mining can generate so much foreign exchange if adequately taken care off.

Most importantly the country should stop importing and start producing so that there won't be so much pressure on the naira.

CodeTemplar:
Nigeria was designed to favour a region and that's all. As long as you have both north and south apologist in the oil sector we won't go forward in that sector. As evident by the location of Kaduna refiner, the northern elements want the oil in the ND to benefit them according to how they planned out Nigeria but there is a resistance from the southerners within and the north will rather destroy the public oil assets then allow a private northerner to come and finish the job smoothly. Dangote is that northerner.

Gwan2:
The challenge with a monopolistic capitalist like Dangote in a poor country like Nigeria is that the country will be at his mercy when critical economic structures are under his umbrella. He technically becomes above the law in many regards knowing that a squabble or friction with Dangote will spell economic doom for the government of the day..in that regard, he enjoys special economic privileges among his contemporaries or within the business sphere. Typical example is Carlos slim of Mexico

On the other hand, in a rich countries like the US, UK etc....There’s an almost equal level playing ground and government subsidies cut across all players in the business sphere. Most importantly, the players are not above the law and could be summoned at any point they find deviation or sabotage to national interest like they summoned bill gate some years back, mark zuck recently and many more.

Omihanifa:
Nigeria should stop relying on Petro dollar if she doesn't want to be going and coming out of recession everytime, there are so many areas /sectors in the economy that can generate enough foreign exchange for the country which the federal government is not exploring. Sectors like agriculture, tourism and mining can generate so much foreign exchange if adequately taken care off.

Most importantly the country should stop importing and start producing so that there won't be so much pressure on the naira.

alphaNomega:
You really believe Dangote has your best interest at heart

How Dangote restored ANAMMCO, created jobs in South-East

The Anambra Motor Manufacturing Company Limited has returned to full operation, thanks to the Dangote Group. That was the takeaway from a recent tour of the massive auto assembly plant at Emene Industrial Layout near Enugu by some motoring journalists including our correspondent.


About 90 per cent of trucks produced here are for Dangote. Right now at the dump, we have about 300 units. Since last year, we have done 800 units. Dangote Group since inception has bought about 3,500 units from us. It also patronises the Shackman trucks for its refinery currently being built in Lagos,” Nneji said.


https://punchng.com/how-dangote-restored-anammco-created-jobs-in-south-east/

justosee:
is dangote richer than Nigeria? why can't we build a refinery if that is all we need to prevent recession?

LikeAking:


Ask them.

The govt is baad.

Nigerians had great hopes for Buharis govt.

But the guy fall hands.

alphaNomega:
You really believe Dangote has your best interest at heart

plaindealer:



Only according to Igbos and enemies of Nigeria.

Omihanifa:
Nigeria should stop relying on Petro dollar if she doesn't want to be going and coming out of recession everytime, there are so many areas /sectors in the economy that can generate enough foreign exchange for the country which the federal government is not exploring. Sectors like agriculture, tourism and mining can generate so much foreign exchange if adequately taken care off.

Most importantly the country should stop importing and start producing so that there won't be so much pressure on the naira.

LikeAking:


Please stop been partisan/tribalistic.

Is anything working in this country.

Do you even have electricity,etc.

Dont ever support evil.

PLS.

Be real.

plaindealer:



Nigeria is working according to me and a lot of Nigerians, unfortunately, it's not working for you, for Igbos and anti Nigerian elements.

iyke648:
lol funny guy. U people are busy selling government lands to innocent individuals abi? I pity people wey buy land for that side. It will surely end in tears

OldSkoolHeadBoy:
A wise man will put as much distance between himself and a Petroleum Product Refinery which discharges toxic wastes. A blowout accident is also a possibility.

landforeast:

Before I argue with You, have you been to Ibeju-Lekki before. Meanwhile hope you have heard what is called excision? Don't just criticise unnecessary, just be humble and ask questions and I will guide you.

chinjo:
We know already but will the current APC government under the leadership of Buhari allow that to happen? Your guess is as good as mine.

iyke648:
.Lol ask questions. What made you think u know Ibeju Lekki more than me? . I hope you know that excision doesnt guarantee u ownership of a land. It can still be retrieved by government .