ositadima1:


25 ongoing, but dangotes is d largest by far, he will dominate by more that 85% of d market share.

after p.i.b NNPC should be privatised and the 4 refinery should battle him too they have advantage of been in the business for 50 years plus 450 retail station and 2000 trucks ...like wise B.A..U ...other money bags will come on

ahiboilandgas:
oil and gas is not pure water business ...if the importer now about 30 of them.want to hike price they will do , like wise filling stations

It is not like that. It will be Dangote vs Importers, the outcome will far better than only Dangote.

To oil importer is innovate or die....tsunami is coming ....the Major oil marketer missed the oppturnity they had the money,the know how especially total,mobil and Texaco Agip they had trucks and station in strategic town in Nigeria ....they are the one that is suppose to float a company and be buiding that refinery in ibeju lekki not dangote....but as usual they prefer yo import from their refinery to France and collect subsidies from Nigeria state ....minimum risk maximum return....stupid peopel...

ositadima1:


Again, these are the rants of a man that reads only the headings and headlines. It's a very dangerous practice my man.

USA has nothing to lose or even gain if you build refineries.

Wise words.
The USA doesn't care about Nigeria except insofar as they would prefer Nigeria to remain stable so it doesn't release a destabilising flood of 100 million (or whatever number we are) refugees all over west Africa and Africa as a whole (not that they would even care very much if that happened).

ahiboilandgas:
after p.i.b NNPC should be privatised and the 4 refinery should battle him too they have advantage of been in the business for 50 years plus 450 retail station and 2000 trucks ...like wise B.A..U ...other money bags will come on

Doesn't change d proportions, dangote will still dominate by far. Rather, let's privatise first to people not related to Dangote and maybe later p.i.b

ositadima1:


It is not like that. It will be Dangote vs Importers, the outcome will far better than only Dangote.

u intentional refused to understand cos it dangote.......their currently no importer since 2015 ....only NNPC it dangote vs nobody +haters

ositadima1:


Doesn't change d proportions, dangote will still dominate by far. Rather, let's privatise first to people not related to Dangote and maybe later p.i.b

later might be too late naira might hit 1000 naira we have waited since 2002 when obj issued license to 20 player ....and obj sold the refineries in 2007 now 2021 and we now have 206m people how long can we wait .....if Nigeria can raise 30 bn to MMM and now 170bn to Yeye boy MBA why not a new refinery to cut market share from Dangote

ositadima1:


Doesn't change d proportions, dangote will still dominate by far. Rather, let's privatise first to people not related to Dangote and maybe later p.i.b

just wait and gather u money and buy share in the dangote refinery plc who know if u hustle hard u might become the largest share holder in future ...aliko is 63 years already..

ahiboilandgas:
u intentional refused to understand cos it dangote.......their currently no importer since 2015 ....only NNPC it dangote vs nobody +haters

So why is dangote afraid? Why are they pursuing regulations that will allow only refinery owners import refined petroleum?

ahiboilandgas:
just wait and gather u money and buy share in the dangote refinery plc who know if u hustle hard u might become the largest share holder in future ...aliko is 63 years already..

That he is 63 doesn't change anything, it is not about him. It is about one entity controlling our economy, not acceptable.

ositadima1:


So why is dangote afraid? Why are they pursuing regulations that will allow only refinery owners import refined petroleum?

u internationally refuse to understand...Afraid ? Who has 12 bn usd to even compet ...no body in west africa can even raise that finance including sovereign state .....try and read
more on the BLUE OCEAN STRATEGY ......making the competition irrelevant ...

ahiboilandgas:
what foresight? Nigerians like over praising America ...the covid pandemic has expose them as propagandist ,the parliament invasion why didn't they use the foresight here ......when pmb went to America trump told him he should ensure we buy wheath for our mill for America ....while we have a large wheat belt in kura kano that can serve the whole of west africa if mechanized.....the back ward integration proposals by dangote if implemented by yardua in 2007 it would have forced the like of total,mobil to have completed their refinary in Nigeria instead the prefer this usless arrangements where we have spent 13 bn usd importing ever year from American refineries ...

The foresight they used in building their country to the extent that we see being in their country as "God picking our call".

You people make it sound like anyone was going to stop us if we truly wanted to build our country.

ahiboilandgas:
u internationally refuse to understand...Afraid ? Who has 12 bn usd to even compet ...no body in west africa can even raise that finance including sovereign state .....try and read
more on the BLUE OCEAN STRATEGY ......making the competition irrelevant ...

Now u are talking, that is d reason we need independent importers to balance d field.

ositadima1:


That he is 63 doesn't change anything, it is not about him. It is about one entity controlling our economy, not acceptable.

not acceptable by failed depot owners and subsidy racketeering and loan deflauters ...it acceptable by CBN and Nigeria govt ran by both Jonathan and buhari....approval given by southern president and re affirmed by a northerner ...not acceptable by American and trump is not our business

ositadima1:


Now u are talking, that is d reason we need independent importers to balance d field.

they should first pay up their Amcon debt first to balance up public funds ....capital is indebted to 120 bn Nigeria

OgogoroFreak:
The foresight they used in building their country to the extent that we see being in their country as "God don pick my call".

You people make it sound like anyone was going to stop us if we truly wanted to build our country.

Lol, some people are still holding very outdated beliefs.

Yes, in the distant past the west manipulated us to limit our potentials. But, that era is long gone.

In todays world, nobody gives a Bleep if we go d path of self-development. In fact, it is beneficial to them as it will limit d huge immigration problems they currently face.

OgogoroFreak:
The foresight they used in building their country to the extent that we see being in their country as "God don pick my call".

You people make it sound like anyone was going to stop us if we truly wanted to build our country.

the could have use same foresight to fight corona that killed almost a million of their people first...God don pick which call? Cos u travel to America....God pick original call if u become member house of rep for Nigeria come day committe on petroluem or custom...na small boy that just finish school they think like that ...40m American dont have 1000 usd in their bank accounts

ositadima1:


Lol, some people are still holding very outdated beliefs.

Yes, in the distant past the west manipulated us to limit our potentials. But, that era is long gone.

In todays world, nobody gives a Bleep if go d path of development. In fact, it is beneficial to them as it will limit d huge immigration problems they currently face.

King Leo of Belgium is responsible for the crisis in Congo while France is responsible for plenty in Africa....serverally europeans are responsible for it watch blood diamond a movie and open ur mind .....

ahiboilandgas:
they should first pay up their Amcon debt first to balance up public funds ....capital is indebted to 120 bn Nigeria

No to monopoly, we don't want dat. We don't want a few private individuals to control our economy.

ositadima1:


Lol, some people are still holding very outdated beliefs.

Yes, in the distant past the west manipulated us to limit our potentials. But, that era is long gone.

In todays world, nobody gives a Bleep if we go d path of self-development. In fact, it is beneficial to them as it will limit d huge immigration problems they currently face.

no true the immideate past sec of state warn African Nations on why they should not collect China development loan but providing zero alternative out imf crippling anti people loans ....they are also against Nigeria heading African development bank and wto ....they give a bleep

ahiboilandgas:
the could have use same foresight to fight corona that killed almost a million of their people first...God don pick which call? Cos u travel to America....God pick original call if u become member house of rep for Nigeria come day committe on petroluem or custom...na small boy that just finish school they think like that ...40m American dont have 1000 usd in their bank accounts

So because Corona killed less Nigerians than Americans, does that mean Nigeria fights the disease better than America?

Bro, you are way smarter than that very poor analysis nau.

ositadima1:


No to monopoly, we don't want dat. We don't want a few private individuals to control our economy.

5 individuals and 5 bank controls the banking space and 2 firm control the beer markets ....start from there first

@ahiboilandgas, thanks for educating ositadima1 on this issue. I don't really know how to argue with people, everyone is entitled to his/her own opinion, we all want the best for Nigeria.

We should also understand that oil and gas with new refineries are not the only sector that can improve our economy. There are several sectors that are yet to be tapped into, particularly agriculture and metalic minerals like, gold, silver, tin, copper, lead, zinc, iron, nickel, chromium and aluminum.

Nigeria could earn more billions of dollars from these metalic minerals if we can harness them judiciously.

ahiboilandgas:
u internationally refuse to understand...Afraid ? Who has 12 bn usd to even compet ...no body in west africa can even raise that finance including sovereign state .....try and read
more on the BLUE OCEAN STRATEGY ......making the competition irrelevant ...

OgogoroFreak:
So because Corona killed less Nigerians than Americans, does that mean Nigeria fights the disease better than America?

Bro, you are way smarter than that very poor analysis nau.

they have more problems to tackle in their home country than worrying about Nigeria business clime ......u have 10m homeless people over 1 trillion in student loan ,racism, white supremacist etc u jump all those na Dangote in west africa be ur problem

ahiboilandgas:
no true the immideate past sec of state warn African Nations on why they should not collect China development loan but providing zero alternative out imf crippling anti people loans ....they are also against Nigeria heading African development bank and wto ....they give a bleep

Are u implying that every white man is an American? Or that all the world institutions are controlled by the American government?

Donbrig:
@ahiboilandgas, thanks for educating ositadima1 on this issue. I don't really know how to argue with people, everyone is entitled to his/her own opinion, we all want the best for Nigeria.

We should also understand that oil and gas with new refineries are not the only sector that can improve our economy. There are several sectors that are yet to be tapped into, particularly agriculture and metalic minerals like, gold, silver, tin, copper, lead, zinc, iron, nickel, chromium and aluminum.

Nigeria could earn more billions of dollars from these metalic minerals if we can harness them judiciously.

no untill dangote opens a gold or copper mine for export then other would remember and start crying like babies

ahiboilandgas:
5 individuals and 5 bank controls the banking space and 2 firm control the beer markets ....start from there first

U said 5 and not 1

ositadima1:


Are u implying that every white man is an American? Or that all the world institutions are controlled by the American government?

world bank and imf control by Americans while the train we are crusing from Lagos to ibadan na China money like wise the new cargo connect to Apapa to solve traffice......America should go to hell ..we can see their impact in Nigeria....even to sell plane they are doing shakara

Donbrig:
@ahiboilandgas, thanks for educating ositadima1 on this issue. I don't really know how to argue with people, everyone is entitled to his/her own opinion, we all want the best for Nigeria.

Hahaha, u most probably don't have valid points then.

ositadima1:


U said 5 and not 1

u said few and not 1 .....a refinery has been completed in imo....

ahiboilandgas:
world bank and imf control by Americans while the train we are crusing from Lagos to ibadan na China money like wise the new cargo connect to Apapa to solve traffice......America should go to hell ..we can see their impact in Nigeria....even to sell plane they are doing shakara

Wrong! World bank and IMF is certainly not controlled by america.

ahiboilandgas:
u said few and not 1 .....a refinery has been completed in imo....

But we have other players nah, we have microfinance banks, we have fintechs and etc. The space is open.