ProfessorPABX's Posts
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InvertedHammer:They can do bum rush to Aso Rock or National Assembly, the Court verdict is for Lagos. Fuel subsidy protest of January 2012 took place at Gani Fawehinmi Freedom Park in Ojota and the Peace Park in Ketu. The people that led this protest were the same people that led the 2010 protest that gave power to Jonathan as Acting President. Mind you, blocking roads or forcefully closing marketplace or businesses can be resisted and protest turn to riots. If National Union of Roads Transport Workers or Road Transport Employers Association of Nigeria decide they want to work to feed their families, blocking of roads might lead to confrontation. |
Kobojunkiee:You are just making empty noise . Fuel subsidy protest of January 2012 took place at Gani Fawehinmi Freedom Park in Ojota and the Peace Park in Ketu. The people that led this protest were the same people that led the 2010 protest that gave power to Jonathan as Acting President. Mind you, blocking roads or forcefully closing marketplace or businesses can be resisted and protest turn to riots. If National Union of Roads Transport Workers or Road Transport Employers Association of Nigeria decide they want to work to feed their families, blocking of roads might lead to confrontation. |
Xscape1993:You are just making empty noise . Fuel subsidy protest of January 2012 took place at Gani Fawehinmi Freedom Park in Ojota and the Peace Park in Ketu. The people that led this protest were the same people that led the 2010 protest that gave power to Jonathan as Acting President. Mind you, blocking roads or forcefully closing marketplace or businesses can be resisted and protest turn to riots. If National Union of Roads Transport Workers or Road Transport Employers Association of Nigeria decide they want to work to feed their families, blocking of roads might lead to confrontation. |
Mrexcell:Where are the designated centres where the FG Rice is being sold . Bayo Onanuga should Inform the President the Governors are frustrating FG efforts. Larger percentage of the rice would end up in the hands of middlemen who will repackage them and sell them in the market |
Chikel20000:Is the August 1 protest because of January 2012 Protest? The reasons and circumstances were not the same. If protest is based on vendetta, it can lead to riots and many things can happen. Was that the reason Lagos State Government properties and some selected individuals properties were destroyed during end SARS protest? You cannot protest because you want to revenge January 2012 protest. Those who led 2012 protest also led 2010 protest that made Jonathan Acting President . You cannot use protest as a Political Coup to undemocratically effect a change of government. At the end, if groups emerged to defend and protect their State Government properties, selected individuals properties and to defend their traditional institutions in their States, there would definitely be collision between Politically motivated protest and those willing to defend their territories with their lives. The leaders of the August 1 protest should lead their teams. Any provocation of the groups protecting the repeat of the destruction of properties and denigration of their traditional institutions during end SARS may lead to serious civil unrest. Those caught in the middle may pay for it. Already there is a security report of disgruntled Political losers who are planning to undemocratically effect a change of government . Late Chief TOS Benson, about a year before his death told us the White Colonial Officers gave them SECURITY REPORT about the riots in Western Region before the riot. That was what led to Awolowo trials of Treason and Felony that made him to be sent to Prison in Calabar. The DSS already had a report. We were not around to witness the Western Region riot. We saw what happened during end SARS and the news was hot they said many people died including ENIOLA BADMUS. All the messages from UK and US were based on ENIOLA BADMUS. Two popular fraternities in the Universities in South West urged their members to forward verifiable pictures and BioData of any youths in their areas or other places that died at the LEKKI Tollgate or any candlelight procession of any youth anywhere who was a victim at the tollgate to their various social media groups during the Judicial Inquiry sitting , till date, no authentic or clear or verifiable BioData of anybody. Thank God, it is already late, otherwise, they would have kidnapped ENIOLA BADMUS that day to blackmail the government, at that point, if they say they killed 300 people and dumped them in Lagoon, everybody would have believed them. They are desperate, they can do anything. The lady never said they should not protest in Nigeria, she was only advising Lagos Market Women. |
Gossiphub:Is the August 1 protest because of January 2012 Protest? Was that the reason Lagos State Government properties and some selected individuals properties were destroyed during end SARS protest? At the end, if groups emerged to defend and protect their State Government properties, selected individuals properties and to defend their traditional institutions in their States, there would definitely be collision between Politically motivated protest and those willing to defend their territories with their lives. The leaders of the August 1 protest should lead their teams. Any provocation of the groups protecting the repeat of the destruction of properties and denigration of their traditional institutions during end SARS may lead to serious civil unrest. Those caught in the middle may pay for it. Already there is a security report of disgruntled Political losers who are planning to undemocratically effect a change of government . Late Chief TOS Benson, about a year before his death told us the White Colonial Officers gave them SECURITY REPORT about the riots in Western Region before the riot. That was what led to Awolowo trials of Treason and Felony that made him to be sent to Prison in Calabar. The DSS already had a report. We were not around to witness the Western Region riot. We saw what happened during end SARS and the news was hot they said many people died including ENIOLA BADMUS. All the messages from UK and US were based on ENIOLA BADMUS. Two popular fraternities in the Universities in South West urged their members to forward verifiable pictures and BioData of any youths in their areas or other places that died at the LEKKI Tollgate or any candlelight procession of any youth anywhere who was a victim at the tollgate to their various social media groups during the Judicial Inquiry sitting , till date, no authentic or clear or verifiable BioData of anybody. Thank God, it is already late, otherwise, they would have kidnapped ENIOLA BADMUS that day to blackmail the government, at that point, if they say they killed 300 people and dumped them in Lagoon, everybody would have believed them. They are desperate, they can do anything. |
Beautifulday:At Abuja, Dino Melaye and several other people were arrested. Also, in 2014 when Dino Melaye led another protest against procurement of Armoured vehicles, a pro government protesters clashed with his group, his group was manhandled. You cannot compare the situation of occupy Nigeria with the present situation, Occupy Nigeria protest against subsidy removal when Nigeria was selling crude at high Price and our daily consumption was very low, our debt was very low, daily oil output was around 2 million barrel per day and the government inherited a robust economy from Obasanjo with foreign reserve and other investment estimated around $60 billion. More importantly, there was no security report of disgruntled Political Campaign or groups planning to hijack the protest to undemocratically effect a change of government or report of tribal group selected attack on government properties and selected individuals properties as witnessed in Lagos during end SARS protest. Also, different groups that are fully prepared to protect government properties, traditional institutions and selected individuals properties at their respective States may collide together. |
greenandy:The battle in the Petroleum Downstream Sector is very tough and he is one of the actors. The battle in the Petroleum Downstream Sector is very tough and Senator Ifeanyi Ubah is the Chairman of Senate Committee on Petroleum Downstream Sector. Two days ago I observed the Senate has not made any statement on the feud between Dangote Refinery and NNPC and remembered Senator Ifeanyi Ubah's Capital Oil is one of the major actors in that sector and observed Senator Ifeanyi Ubah's Committee Intelligence Report about that sector would be very critical to Senate Decision . Death why? Why? This is not the best time for him to die, but we are mere mortals, we cannot question death. Senator Ifeanyi Ubah, rest in peace. |
Throwback:Again, we must be very careful how we unwind after stress or after stressful jobs or meetings. What some of us do to quickly unwind or to cool down pressure, at times overload our heart system at certain age, especially, after 45 years. The battle in the Petroleum Downstream Sector is very tough and Senator Ifeanyi Ubah is the Chairman of Senate Committee on Petroleum Downstream Sector. Two days ago I observed the Senate has not made any statement on the feud between Dangote Refinery and NNPC and remembered Senator Ifeanyi Ubah's Capital Oil is one of the major actors in that sector and observed Senator Ifeanyi Ubah's Committee Intelligence Report about that sector would be very critical to Senate Decision . Death why? Why? This is not the best time for him to die, but we are mere mortals, we cannot question death. Senator Ifeanyi Ubah, rest in peace. |
Justicemy8:It is not just Soludo. The battle in the Petroleum Downstream Sector is very tough and Senator Ifeanyi Ubah is the Chairman of Senate Committee on Petroleum Downstream Sector. Two days ago I observed the Senate has not made any statement on the feud between Dangote Refinery and NNPC and remembered Senator Ifeanyi Ubah's Capital Oil is one of the major actors in that sector and observed Senator Ifeanyi Ubah's Committee Intelligence Report about that sector would be very critical to Senate Decision . Death why? Why? This is not the best time for him to die, but we are mere mortals, we cannot question death. Senator Ifeanyi Ubah, rest in peace. |
TerrouMuda:The protest is a wastage of energy and resources and an effort in futility. Prospective GRADUATES who are waiting for 2024 NYSC Batch B Stream 2 are many and desirous of being called to Camp by July 31. No government agency will allowed youths to be in camp while protest is ongoing. Many parents cannot allow their children to travel to camps or to be in camps under tension. |
Racoon:They may not open the can of worms. They are matured people. Nigeria is going through Economic struggles. IMF in their reports last year and first quarter of this year had predicted the Economic structural adjustment policies in some Africa countries might lead to civil unrest. For that, they may not open the can of worms. As I said about two days ago, for Dangote to have said he didn't enjoy any incentive from Federal Government to build the refinery is an insult on our intellect. People of Oby Ezekwesili, Madam Okonjo-Iweala and other high calibre Nigerians will never accept that. It is an insult to our intellect. Even in his present state, which I believe will soon be over, Emefiele can never accept that. In 2021 July when the deal was sealed we were told the Refinery was 90% completed. The support to the Refinery was both from NNPC and CBN as our last resort for survival economically. It seems NNPC has seen something that we don't know. We should support the Refinery because if the Refinery is not supported, I can bet it with NNPC MD or the President, Portharcourt Refinery can never work except it is sold to private investor. I don't see how any government refinery can function in the midst of the Mafia. |
DMerciful:He said so. The agreement was in July 2021 for 20% acquisition. We all applauded NNPC that time. We were told the Refinery was 90% completed. If in 2024 NNPC cannot meet the terms and he said 7.5% no problem. Are you OK with that? Chief Timpre Sylvia the Minister of State for Petroleum in 2021 was just a passenger in that deal. Tinubu, Cardoso and Edun can never play ball and that Mallam Farouk is a very principled man. Besides, things are not that easy for the economy. Good night. |
DMerciful:Which prejudice? I have heard it before it was public. What he said was an afterthought. I have been the most consistent supporter of Dangote Refinery since 2017 while posting as babaolofin. Before then, I have fought and defended Dangote Cement against IBETO during Jonathan bad governance. On the Okpella case between BUA and Dangote, I was on the side of Dangote. Right from the time of Kemi Adeosun as Finance Minister Dangote has enjoyed support from Federal Government on the establishment of this refinery with the hope that it would lessen the burden on Nigeria. He has enjoyed incentives and windfalls from Federal Government under Emefiele and Buhari. We know this thing. Dangote cannot come out to say he has not gotten any incentive from Federal Government. That is an insult to our intellect. Kyari is the GMD of NNPC when the 20% deal was sealed under Buhari. Who represented FG and who represented Dangote Refinery? Was it just gentleman Rankadede agreement? What are the terms? What about the legal documents as at that time? Emefiele should speak because we all know when NNPC acquired the 20% share . As it is, NNPC should just forget about Portharcourt Refinery or Warri or Kaduna, they will never be allowed to work except they are sold. They will frustrate them, they can even burn them. No NNPC refinery will be made to work except Dangote Refinery is accepted by NNPC. |
DMerciful:You said Nigerians erroneously think it is 20%? Nigeria has been shortchanged and there is nothing anybody can do. It is good that Tinubu is the President and we have Cardoso as CBN Governor and Wale Edun as Finance Minister. So many hidden things that have not allowed concrete decision to be taken by South West elites will now be made open. When special investigator was appointed to probe CBN operations under Emefiele, I know so many things would be revealed. The way Kogi State Government shares in Obajana Factory diminished to zero is the same way NNPC's share of 20% diminished to less than 10% and may eventually reduced to 2% or nothing. It is very easy when Dangote is dealing with full time politicians but it may be difficult to accept when dealing with politicians that understand business and economy. All the incentives given to Dangote by FG with loans to be paid by Nigeria is now zero. Thank God, naira is now floated. My last write-up on Dangote Refinery few weeks ago, I said I am confused and I don't know what is happening again. I said I became confused when he said he has almost settled all the loans taken to build the refinery when the refinery is yet to fully takeoff. I said I suspect Nigeria has been shortchanged. Something went wrong somewhere. I said for Dangote to have visited Tinubu with his mother and the eldest Dantata an old man last year, it means something. Despite all the sacrifices and hope Nigeria has placed on this refinery, at the end, the owner said Nigeria has no stake in it. He is the one in charge, he determines how much has been committed to the project to determine the percentage of NNPC shares. All dollars incentives and windfalls from CBN are nothing now at this stage. At the end, NNPC share may become 2% as Tinubu, Cardoso and Edun can never play ball as it was under Buhari. |
deji17:Most of you are inexperienced. Firstly, the IBOS never believed the Refinery will work. January this year, an IBO Prophet brought his men to a Camp and was telling them Dangote Refinery was a scam, I was at the same camp along Lagos Ibadan expressway (not Redemption Camp). It is good that they are now on the side of Dangote. Coming back to Mallam Farouk, he is a man of few words. Such men often carry out deep meditation before speaking. Portharcourt Refinery can never be allowed to work. Two forces are against Portharcourt Refinery, the importers and Dangote Refinery. Some years back, I witnessed where an organization staged a sabotage of an industrial installation in another organization by bribing some people in that organization to damage the installation for them to be the only supplier to that organization. It happened in Portharcourt, it also happened in another organization in Lagos. Multinational corporations like Flour Mills, Tolaram Group, Air Liquide, BOC , etc understand what I am saying. I have been the most consistent supporter of Dangote Refinery since 2017 while posting as babaolofin. Before then, I have fought and defended Dangote Cement against IBETO during Jonathan bad governance. On the Okpella case between BUA and Dangote, I was on the side of Dangote. Right from the time of Kemi Adeosun as Finance Minister Dangote has enjoyed support from Federal Government on the establishment of this refinery with the hope that it would lessen the burden on Nigeria. He has enjoyed incentives and windfalls from Federal Government under Emefiele and Buhari. We know this thing. Dangote cannot come out to say he has not gotten any incentive from Federal Government. That is an insult on our intellect. He has been talking too much. When the Indian man said NNPC imported bad fuel, nothing much happened but months later when it was the turn of NNPC through its agency, Dangote is now crying. Nobody knows what is happening underground. At what cost is Dangote Refinery proposing to sell PMS to NNPC? |
Yampotatocarrot:You don't know much about the culture, government, development and land policy in South West. What Dangote enjoys in that place you cannot try it in Niger Delta and even in South East that I know very well. Mind you those part of Niger Delta are also swampy area. Only Senator Gbenga Bareehu Ashafa can explain to us and the ELEMORO Family of Ibeju and the entire families in Ibeju what transpired about that land and the $100 million payment without any developmental projects in that area. In Lagos State, there is what they called Land Acquisition in those areas. Once acquisition comes in, the people are helpless. I have been at the forefront of paying compensations and settlement to communities in Niger Delta for organizations that have offices and factories in Lagos and NigerDelta. While no communities in Lagos and Ogun give these organizations any stress, the factories/offices in NigerDelta are constantly under harassment and threat by the communities. From time to time, the Industrial Relation officers, the Community Relationship Managers are always having meetings with different community leaders and meeting their conditions. Such posts are not not created in Lagos/Ogun factories. Building an industry close to natural resources is different from buying a village land. |
frog12:Let us start with the $100 million paid for the land first before discussion on wether the land is cheap or not. Remember, Dangote Refinery carried out sandfilling to recover more land. Lagos State Government should explain to us about this money. The ELEMORO FAMILY of IBEJU Land and other families in Ibeju land should ask questions about developmental projects executed for the people from this money. Senator Gbenga Bareehu Ashafa should explain to IBEJU people the deals that transpired before the Land was sold to Dangote. IBEJU youths and generations unborn will still ask questions. |
sIfioksq:It is good that Tinubu is the President and we have Cardoso as CBN Governor and Wale Edun as Finance Minister. So many hidden things that have not allowed concrete decision to be taken by South West elites will now be made open. When special investigator was appointed to probe CBN operations under Emefiele, I know so many things would be revealed. The way Kogi State Government shares in Obajana Factory diminished to zero is the same way NNPC's share of 20% diminished to less than 10% and may eventually reduced to 2% or nothing. It is very easy when Dangote is dealing with full time politicians but it may be difficult to accept when dealing with politicians that understand business and economy. All the incentives given to Dangote by FG with loans to be paid by Nigeria is now zero. Thank God, naira is now floated. My last write-up on Dangote Refinery few weeks ago, I said I am confused and I don't know what is happening again. I said I became confused when he said he has almost settled all the loans taken to build the refinery when the refinery is yet to fully takeoff. I said I suspect Nigeria has been shortchanged. Something went wrong somewhere. I said for Dangote to have visited Tinubu with his mother and the eldest Dantata an old man last year, it means something. Despite all the sacrifices and hope Nigeria has placed on this refinery, at the end, the owner said Nigeria has no stake in it. He is the one in charge, he determines how much has been committed to the project to determine the percentage of NNPC shares. All dollars incentives and windfalls from CBN are nothing now at this stage. At the end, NNPC share may become 2% as Tinubu, Cardoso and Edun can never play ball as it was under Buhari. On the $100 million paid for the land to Lagos State, the Lagos State House of Assembly should let us know about this money. The Elemoro family of Ibeju and other families in Ibeju should demand to know what developmental projects have been executed for the people by Lagos State Government. Fashola, Ambode and Sanwoolu should tell us about this money. I am coming back to Ogun State Government later about Dangote Factory at Ibeshe and the new one under construction at Itori. How much was paid to Ogun State Government? |
Standing5:BUA (Abdulsamad Rabiu) will just be spending his midnight prayers meditating on Oil Mafia strategies and be thinking if it worth it for him to concentrate fully on his Refinery Project in AkwaIbom or wait to see the end of the Mafia game plan. I was also wondering why Mike Adenuga that is into upstream and downstream oil sector has not gone into Refinery Project. Actually, the Indian man at Dangote Refinery is a very experienced person. This is the 3rd time he will expose NNPC, each time, the NNPC fights back. This time around, Malam Farouk, a man of few words came out openly and very hard against Dangote Refinery, this calls for great attention. The game is very risky. Portharcourt Refinery can never deliver by August. |
hafeeanubasy:It will be difficult to identify them now and in future. I saw an IBO man at Iwo Road, Ibadan local government NIMC office applying for National Identity Card using Yoruba Name. In 2007 at Abuja, I have seen IBOS with Nigerian International Passports with Yoruba names applying for UK Visa. |
omoredia: |
atiku4President:Is it normal for CCTV to be installed in hotel rooms / suites? Is it possible that somebody was using Phone's camera to record the incident? The EFCC should consider Intelligence Report on the above possible scenarios to scrutinize the whole situation. |
Realtord43:I think over a week ago when the Customs CG raised alarm about smuggling some uninformed social media youths and miscreants were talking nonsense. We know what is happening for many years. We just keep quiet because the situation we found ourselves by the British Colonial Masters cannot be helped. For many years while using my original account (babaolofin), I have posted that our income should not be tied to our estimated population when calculating GDP . There are parasitic nations feeding on Nigeria. The former governor of Bauchi, few years back said they want to use NIGERIA's RESOURCES to prosper the interest of FULANIs across Africa. Smuggling is officially allowed out of Nigeria by those people provided it will make life easy for their people. They forgot Nigeria took loans to defend Dollars for those importers, Nigeria took loans to provide subsidy on Fuel and Nigeria will pay back. When Gaius Obaseki was the GMD of NNPC during OBJ era (first tenure), that was coming out from long era of Petroleum scarcity under the Military , he alerted the nation to the issue of Petrol Stations being allocated fuels but the fuels didn't get to the filling station. As at that time, despite allocation there was scarcity, meaning, not every allocation ended at the desired filling station. It is very difficult for trucks of 45,000 or 33,000 litres to cross the borders at South West except by kegs or by boats . The way the Northern elites defend the interest of Niger Republic, especially when the suspended Senator that just resumed also mentioned it in his accusations against Tinubu, it is very clear they have no issue with trailers of petrol being smuggled out to Niger and other Sahel countries. |
vickthourh:Very very wrong comment. Highly uninformed comment. What has the Governor done for all the communities since 2019. I was about to write UN, FG and Non State Actors (Civil Societies) about the imminent breakout of Cholera pandemic in Ogun State. What is happening at MAGBORO is small when compared with MOWE and IBAFO. Ogere is another epidemic point. At MOWE up to IBAFO, there are millions of Nigerians living there. There is no single government official wastes or refuse dumpsite . There is no single government wastes pickup location. For years, people chose unused shallow places where they dump wastes and communities burned them. Later, after many years,government sends PSP Wastes Collection Trucks to these sites to collect the Wastes in about three locations. The trucks were very erratic, after few months, they stopped coming. Before you know it, Ogun State Waste Management Agency - OGWAMA, put up a big Billboard at the three major wastes/ refuse dumpsite / wastes collection point. DO NOT DUMP WASTE HERE, FINE is =N=100,000. Note, before this notice, those trucks have stopped coming for months, that was almost 2 years ago . At MAGBORO and part of IBAFO, the privately arranged PSPs are not regular and not forthcoming again as they have to take the refuse to Lagos (Ojota) and it seems it is not possible again. Now, there are refuses everywhere. All the Lagos - Ibadan expressway drainage system have been blocked by refuses, all gutters, farms, even rivers filled with refuses and this is applicable to most part of Ogun State. Where is Dapo? Where is Ogun State Government? The last OJUDE OBA festival at Ijebu Ode that was used to showcase our culture was turned to abuse to Ijebus when we are reminded we have a State with the worst roads in Nigeria. This government is a waste. Dapo allowed the IBOS to abuse the IJEBUS for showing off when the State is dirty and have no good roads. |
officialwdhtv:A great actor. Rest in peace |
ShinnBet:Where is Gani Adams? Where is OPC? When I had an account on nairaland ( babaolofin), I have asked this question several times and gave explanation. Some people complained Tinubu didn't recognize Frederick Fasheun OPC founder but several years ago I have told people how Dr Fasheun became IBOS tool to fight Lagos State Government. They used him, he became their defender fighting Lagos State Government. On Gani Adams, during end SARS riot he defended them. Gani Adams and Dr Fasheun fought on the side of PDP (Jonathan) against APC in 2015 election. They created nuisances everywhere in Lagos. OPC has no value presently to the Yorubas. The South West government of Lagos, Ogun and Ondo can support the ILAJE communities through OBA Akinrutan (OBAT), the OLUGBO of UGBO Land to establish a Maritime Vigilante CORPS. The ILAJE are the only people that can guarantee local surveillance, local intelligence gathering on our waterways in South West. These people have been abandoned for so long . Governor Sanwoolu should reach out to OLUGBO of UGBO Land as soon as possible. The South West is in the midst of envious and frustrated enemies full of bitterness. They want to create chaos. They are particularly angry about Lagos development and the Chagoury family and Lebanese Community in Lagos in general. We need AMOTEKUN Maritime Corps before it is too late. |
spagettiluv:It was not even a sarcasm but bitterness statement from depressed people camouflaging as Yorubas. Those people are not Yorubas. About 60% of people speaking Yoruba in Computer village are not Yorubas. At Ibadan, it is even worse. From Oke- Ado, Oke-Bola, Ekotedo, Mokola and those selling at Iwo Road, about 50% of those that speak Yoruba are not Yorubas. They are the ones shouting Ebi npawa. They also influenced and confused weak and jobless Yoruba youths and miscreants. |
sweerychick: |
Omoawoke:Same people killed Colonel Victor Banjo the man that planned and designed BIAFRA War Strategy and led Biafra soldiers to war. The first BIAFRA war commander was accused of planning a coup and assassinated in IBO land where there was nobody to defend him and he didn't understand the culture and language. |
Believeintruth:While I have an entirely different view to the success story of Dangote Refinery, I will say something here about the business acumen dimensions that brought ethnicity here. From time immemorial, the IBOS always attacked Dangote on every social media without any reason. They are quick to bring IBETO into the matter. Few days ago when Dangote commissioned Sinotruck Assembly plant, they said 17 years ago Dangote contended Shacman truck license with GUO but lost to GUO. The antagonism and insult is too much. They attacked the refinery project and said it will never work to the extent some us are confused. Up till now, I don't still know what is happening. Alhaji Abdulsamad Rabiu from Kano indirectly pitched his tent in the opposite school of thought to Dangote. We observed this several years ago and just keep quiet. Dangote have ideas being incubated from the early stage from another school of thought. From my observations, BUA school of thought is just following Dangote School of thought. The originality is what is being incubated by the people at Dangote Ideas Incubation School. That is why Dangote acumen is far different from IBO business idea. |
madridguy:You are 100% correct, even what you did not post above I understood them very much. Invariably, he has told us he is not indebted again because even when the refinery has not fully gone into full production, he can conveniently pay the $2.7 billion. When I had an account on nairaland (babaolofin) for years, I was a radical supporter of Dangote and fought fanatically on every front for the success of the refinery. I became confused when Emefiele said he had paid all the loans even when the refinery has not started production. People are complaining about floating of Naira because of the initial hardship associated with structural adjustment program all over the world but failed to realize how the initial foreign exchange regime indirectly impoverished Nigeria and Nigerians to the benefits of those milking our commonwealth for their personal gains. I still congratulate Dangote for the courage to build that refinery. Without this refinery our government refinery will not work. He benefitted from government (CBN) from loans taken by Nigeria the same way Dantata family have been benefitting from government. |
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