I was rooting for his refinery to work at full capacity thinking that will help stabilise pricing and earn us enough foreign currency but at this rate, to hell with his refinery.
I now agree with people that says the man cannot survive without being a monopoly.
How on earth will any industry that he enters suddenly witnesses price surge after muscling the smaller players?
The man is not patriotic despite using our collective wealth to subsidise the dollars for him inorder to help him come on stream.
Apart from that, I learnt he has bought behind close doors NNPCL stake in his refinery.
If we can't benefit from this massive project, we can as well watch it die.
I won't be surprised if that man is part of the cabals sabotaging our refinery from working.
And also part of the people that championed the removal of subsidy and floating of our currency.
The greedy man is only after increasing his rank on Forbes list, e no send Nigeria, despite benefiting from Nigeria and it government.
A monopolist that can't compete in a fair market
You think he was foolish for not buying Arsenal? Him ynash for open
richiemcgold: They make most of their money from shows and endorsements. But as the economy be for naija now, how many people get money to buy show tickets? How many companies get money to sign endorsement contracts?
Exactly!
And their expenses too don rise, just like everyone, because of the inflation
colonelwealth: I am very angry especially at Nigerians.
This Dangoté was the man APC bots were defending during Buhari's tenure, who Buhari sabotaged all our existing refineries for. The wicked man poured all of Nigeria's collective FX wealth into that private project deceiving the mypoic mugus that believed him that the refinery will bring down cost to a very low price. Their corrupt dealings contributed in plugging Nigeria into economic and FX crises. Buhari and his Northern gangs used that refinery to lauder fx💰 and short change Nigerians while refusing to repair/reactive any of the nation's 4 major refineries. He simply put the collective economic future of the nation in the hands of his tribesman.
I knew all along that it was all scam and told people.
Now see it, how it all turned out .....I have been proven right. Tinubu has continued in the same scam path because he too has interests as a major oil industry player through Oando oil and co. Little wonder why these 2 men(Buhari&Tinubu) made themselves minister of petroleum in their tenures out of all the possible ministries in the nation making sure that NNPC earnings, remittances and operations to the nation remains unaccounted and a mistry to the whole nation.
Dangoté is a very heartless and dangerous monopolist who thrives at the improvishment of other Nigerians. He will go to many length to make wealth with people's sufferings. Look at all his products where he has managed to monopolize with the help of evil and unpatriotic elements in government. Cement, Sugar, floor etc and now oil.
Thank God the greedy man has changed his mind in going into iron and steel production....if not, we all would have seen a complete state economic capture.
All of these things Dangoté produces are all mostly in abundant in nature in Nigeria.
The man is just to greedy, that was why he refused to tell the price of his fuel while he and Tinubu play mind games with Nigerians all along, on top of that he is even still championing for total subsidy removal.......now imagine the kind of wicked price he will sell fuel to Nigerians if there is total subsidy removal. He has also mastered the act of hiding under philanthropy, money&power play to deceive gullible Nigerians.
I don't blame him alone, I also blame the greedy and corrupt NNPC and oil cabals who are party to this economic crime against Nigerians, Tinubu, Buhari, APC and their senseless supporters who defend every evil (can even defend the devil if need be).
They all must know that nothing last forever under the sun except God wills it. All their greedy evil economic empires must crash while they want others eat the sweats of their greed....it is just a matter of time, that is very sure.
PDP sold petrol for less than N150.....APC came deceived Nigerians and said it was expensive only to end up selling it for over N1,000 in less than 10yrs....yet their evil supporters will come up with different wicked excuses and justifications.....evil cretins!
At the end, what is now the difference between imported fuel and locally refined fuel or the difference between Nigeria as an oil producing nation and other non oil producing nation...??
Nigerians open your eyes and ask partinent questions and demand accountability.
Only fools will think dangote is not one of the main cabals sabotaging our refinery from working.
eazzzy1: The US has oil and refines oil yet petrol per litre is almost $1. Where anyone got the idea that Dangote will crash fuel price is surprising. Why would he sell cheaper when he can export for market price?
A litre of crude cost almost $0.45. When you factor the cost of processing + profit you will understand why petrol is expensive. Previous governments are responsible for your entitlement mentality. Petrol was never cheap. Someone was paying part of the cost for every litre you bought.
So you think $1 per liter is expensive? Is $1 too much per liter for those in US?
If our currency wasn't bastardized and it's somewhere around #100 for $1, will you say this rubbish
No one said he's not a business man or asked for charity
After all, all businesses exist for profit making.
But we all know the man is just greedy, he gets a lot of government waivers, the man can't compete without govt's favor he gets, look at some of his businesses he shut down due to competition (spaghetti, indomie etc).
Because this govt doesn't give him what others did, he bleats badly like a goat.
At the end, monopoly should never be encouraged, especially when Dangote is involved.
The govt should fix our own refinery and allow other interested investors enter the market, Dangote shouldn't be allowed to monopolize it, else...
Dangote is offering IPMAN fuel at 1015 -1028 naira per liter. Meanwhile he is selling the same fuel to NNPC at 898 per liter.
By the time it reaches the market, NNPC would be selling fuel cheaper than IPMAN Members. Already, more people are ready to queue at NNPC stations to buy fuel than buy at IPMAN or MOMAN stations.
The only way for IPMAN to stay competitive is to keep selling imported fuel , which landing cost is N950 as at October 1.
At the end Dangote is just a crook that never changes his spot
I laughed when useless T-pain's zombies were hailing him like he's the Messiah.
The man should tell us his cost of production that he wants to sell over 1k, he gets his crude here and refines here, greedy thief
Baldwretch: Oga, dribbling, being extremely skillful, throwing that mad killer pass, a touch of acrobatic control, and many more are extremely useful and needed in football.
We want to see more and more of these as we entertain ourselves with the game.
Sadly, we don't see more of these in this generation of two sure odds that has extremely damaged men's psyche.
All they want is for a player to put the ball at the back of the net and are threatening fire and brimstone for missed opportunities.
Agreed!
But they're not enough if it doesn't bring home trophies or goals or assists or glory to the team at the end.
Ronaldinho was like Okocha too but brought glory to the club, and has stamped his name amongst the best midfielder of all time, not that he had so much G/A to show.
That's what football is, not just dribbling
Kingsley Coman of Bayern is a very skillful dribbler, do you even remember his name when you're mentioning current good players?
motayoayinde: You must be referring to the b.i.t.c.h.e.s in your lineage.
That article was written by an Israeli, not me. So you can figure out who the dumb shitty ass is.
As for dying, about 50 terrorists IDF air force thugs were killed in a bus ramming incident in the heart of Tel Aviv a few minutes ago! The worst in the history of SHITreal. So your curses are falling in the right places. 😅
But y e dey pain una when dem dey kill una terrorist families
Islam is synonymous to terrorism.
Look all the Islam countries, except few wey use their brains like Saudi and co.
Even look northern Nigeria self,
I'm not surprised though, Muhammad was a war monger, a thug than a prophet when he was alive
Nazgul: With the ever increasing price of cement, rods and other vital building materials, we should expect more collapses cos engineers would want to cut cost by trying to buy substandard products leading to a total collapse of the entire structure.
Recently, I saw a building where the engineers used bamboo instead of iron rods as decking and pillar enforcement. The bamboo was placed on the the decking and concrete was poured on it. How long do you think such structure can last before it collapses?
That one no be engineer o, na bricklayer wey dey form builder.
Levels1: Unfortunate for you, we are indeed living comfortable unlike your household that's been hit with the economy and certainly might end your generations 😜
Here comes Pity Giiiirriiigoory the world-renowned loser and useless article writer
The VP left for an important international meeting(that has to do with global investment) that was coincidentally scheduled to take place at a time when the President was already on leave, what was the VP supposed to do?
According to research, the IQ is geographically influenced and the IQ of an average Nigerian is 77, I guess that tells us why there are mob supporters of a man with no independent thinking than throwing around some uselessly dumb critiques
Why will the president go on leave when the country is on fire