₦airaland Forum

OAkanni001:
Concerning your title, anybody can claim to be whatever but the fact is do you have what it takes to back up your claim?

My problem with you is your choice of word by calling others " Olodo"

I never claimed refining other derivates from crude oil to be Dangote's Comparative Advantage. If you could read between the line, you will understand that I'm trying to speak about the diversed revenue streams available to the refinery beyond petrol just like any other refineries in the world.

Secondly, Your point does not in anyway hold water because you're speaking as if Dangote refinery sells to only Nigerians. It's an international firm for crying out loud which means it can source for crude oil beyond Nigeria and sell it outside the shores of Nigeria while still making profit.

Moreover, the company is a major asset to Nigeria because it's a source of FOREX earning. It currently source 60% of its crude from Nigeria, refines it, then sell to the local market and overseas thereby attracting dollars into the economy which will also keep the exchange rate stabilized and strengthen the naira. So it is a blessing to Nigerians not a curse.

NNPC currently sells to Dangote in Naira under the naira-for-crude agreement so it shows you're divorced from reality. Every businesses is established to make a profit so why should Dangote become Santa Claus aka Nigerian Messiah?

If not for the refinery, do you know the kind of trouble Nigeria will have been considering the crises in the Middle East if we were still importing finished products?

The blame should be on your government to stop favouring the refinery "if such exists" and also incentivize other players to establish their own refineries so as to foster competition which will create a market where prices are driven by market forces.

Most of what I mentioned up there are Nigerians and their leaders' headache. As an investor, you are less concerned about that.

On your third point, You just keep making a mockery of yourself. I acknowledged that there is a massive push towards green and alternative energy across the globe but it won't happen overnight, it is a multi decade transition.

Those refineries closed down due to war in the middle East and co is a big advantage to Dangote based on the law of supply and demand. The Europe and The UK are recent market which the refinery is currently exploring.

I repeat Dangote is currently planning to open another refinery in East Africa. Are you telling me that he is blind from market realities or the numerous experts and investors backing him are not seeing the handwriting on the wall?

You said and I quote "China has completed phased it out" with reference to crude. Do you mean the same China currently been hit by the soaring oil prices too according to Al Jazeera and kpler or there is another China elsewhere?

I agrred that the demand for petrol has been weakened. That does not mean it has completely been phased out. They need other derivatives for aviation, heavy transport and other petrochemical allied industries.

I need to reiterate this once more, petrol contribute 42.5% to the company's revenue according to the IPO record. That means that the company has other source of revenue beyond petrol and I can tell you that they are prepared for a world where the world move beyond petrol.

On a final note because I won't keep engaging you anymore, if your concern is that many Nigerians investing did not do diligence research before investing, does not understand what they are investing in and they just jump on the wagon for fear of missing out, your concerns will be valid.

But portraying it as if Dangote is trying to see Nigerians as his escape plan from "an investment gone wrong" type shii or he is trying to operate something similar to a ponzi, is a wrong assertion.

Also, branding Nigerians who choose to invest or promote the company IPO as "olodo" Is too much of a statement to make.

You can have issues that are unclear to you or you disagree with, it fine to put it out there, engage in intellectual discussions on a forum like this rather than label the other party as ignorant on a matter you hold half baked knowledge about.

So arrogant of him calling people olodo!
Assuming he was right, is this how he shames people who didn't have almighty knowledge as he? Calling them olodo as if they did MMM or lost money to a cheap scam! Very arrogant guy!

FairlyUSEDpussy:
Leave South Africa and cum home……
Is your umbilical cord tied there!!!!….

Dis one his not even a drug peddler Ooo…

Those guys abhor so much hate towards u Nigerians…..Jux leave and cum back!!!

I will not stop to also wonder what ties them there! I'd better stay in a village without access to electricity or basic amenities for a thousand years than ever think of South Africa!

I remember when a fellow university colleague was advising me to go do my postgraduate there. I just smiled and threw off the advice: make one hateful race go kill and waste me and bring colossal loss to my family and friends.

solablings:
Lol I'm happy for them...

In all sincerity, the xenophobia is now all over the world as countries are closing the door against foreign migrants especially Africans, but Sad Africans decided to do theirs in an uncivilized manner.

Please, link to watch 🙏

Silentgroper:
Iwobi is suppose to be the man of the match...

He deserved it too, but more ball work to keep goals and threat of an attacker away was done by Osayi!

I give man of the match to Osayi!

Once Nigeria starts going to half time goalless, it's not a good sign. Many wasted chances. The more clinical side will win!

I hope our second half will be better because I always prefer our first half.

Nigeria will win if they stop being wasteful.

RandDigital:
Only SA losses will make FP.

Stop thinking that way friend.

Why are AFCON match results not reported on the front page? NL mods?

xyrexzmanto:
Dat our keeper naaah nonsense, complete rubbish...... zaidu keke driver, osimehn over rated piece of shit alwz complaining 4 nothing. Bashiru suppose be barber

Nigerians love him so much, so even when we should talk reality, we won't!

Osimhen is a wasteful player this days, apart from unnecessary complaints!

The coach no just want wàhálà for himself, if not, e for don fall out with him. I like how he ignores those players' chidish excesses because for now, that's what you need to do to succeed with these team that every coach struggles with, not to talk of the complex systemic issues.

That's my submission!

No doubt he (Osimhen) is good. But, If we were serious as a nation and have more "good" strikers as well, he would be benched sometimes for someone who has a higher conversion rate.

Don't misunderstand me, Osimhen is good, and I like him!

If you want to enjoy Super Eagles, watch only their first half.

Summary: Very wasteful team. Create chances but clinically poor. Their final decisions are horrible.

Football has gone beyond being wasteful. You stress yourself more in the game when you are wasteful and give opponents chance to recover mentally and physically.

If they improve, they'll do well.
But for now, they're struggling!

Moses Simon is yet to stop many unnecessary dribbles.

They had many reasons to shoot from outside the yard, but they all want to do tiki taka to enter and score.

PS: Iwobi is special in this match!

bunmioguns:
Imagine having the heart to steal $7.5 million from a charity organization. You leave people who are actually helping the needy to go and fund a lifestyle you didn’t work for. Now you've moved from 'spoofing domains' to 'shoving plates' in a US federal prison. From Maryland to Ghana, and finally to a 6x6 cell. Is this the 'Hustle' they preach on Instagram

It is o!

Nothing like contentment and peace of mind while working and waiting on God for your own time

Exceed15:
Let's not be quick to judge him as fool. That man has a mission. Face your life .

Leave the Keyboard judges to be running their mouths. Once they see any news, they sit down and start passing judgements as if na baby be the man wey take him decision.

They are not God to conclude he will fail

SpencerForbes:
The picture you posted looks more like pogba. The issue is can he withstand the pressure of playing for real? We all know madrid ain’t Napoli or galatasaray.
Another question is, can he also adapt to the playing style of xabi alonslow?

AI Osimhen = Pogba

I know the fault started from Iwobi and perfected by Ndidi but can't this goal keeper make some crucial saves?

Is it only punching corner kicks that's a crucial save to him?

Where can I watch it please?

GrammarNazi1:
This is quite sad!

The government should improve security.

Who are the Govt? Are they not the killers??!!!

madridguy:
CAN must not miss this opportunity to help Nigerians. Nigeria government are not serious about the fighting against terrorism.

You cannot continue to enlist Boko Haram fighters in Nigeria Army and you expect us to win fight against terrorism.

The CAN should also demand for weapons, if Fulani herdsmen can be going around with AK47 then every Christians in Benue, Southern Kaduna and Plateau should have weapons too.

CAN we dey collect brown envelope on a daily basis can't understand what you're saying.

brain54:
So players who aren't aggressive and always fighting are ducks...?

You know that's why we are where we are as a nation, Nigerians are never objective. Osimhen is a great player, but he has character issues; he is aggressive. And Stanley Nwabali has joined him. Nothing as beautiful as controlling your temperament when provoked and nothing to be proud of showing extreme aggression. If na outside now, one punch to the wrong place and the guy went from there, it's a different matter these Nigerians supporting him will be saying. They will say "see where aggression landed you now". Very insincere people.

Just give him few months, he would have start having issues with players, fans, club management or coach. Any small thing dey provoke him or enter his head. The day fans berate him for poor play or for missing chances, he fights them and that will also mark beginning of his issues with the club.

I hope he manages this character and finds someone to give him honest evaluation and talk to his head or he gets psychotherapy.

I wish him well as always.

2blessed01:
They tried...
Congratulations to us

They didn't try! Average team. Still no fluidity. No urgency. No play making. No set pieces. No long accurate shots at the keeper. No creativity. Poor passes especially to the strikers. Right wing play missing. No coach motivation or rebuke when team relaxes.

How did they try?

Managing one goal and feeling relaxed when the goal advantages, the points and runner up positions are in their odds??

GanagiBitrus:
FT 1-0

They tried, but why do they struggle to score a 2nd goal. We just manage score 1 & relax. That was what cost us 2 valuable pts against Zimbabwe with a last minute equaliser. Else we for dey 2nd now with 12pts.

They will never change! Unfortunate! Even the coach is not technically sound as I thought. I have given him enough benefits of doubt. How in this modern generation of football will a team feel safe leading with one, knowing the goal advantage and points, with runners up are all in their odds??

ARISHEM:
High profile match!

Should we even address our opponents as high profile in the first place.

With the situation Nigeria puts herself, isn't it high profile now??

If Naija drew this match as first match, would we be worried as we were today if they drew?

So, it's high profile, since the super refused to be super!

oloriooko:
No VAR ?

Embarrassing Nigeria may not have one for a high profile match as this. It was onside actually

Racoon:
Whao! The Eagles are bouncing back. Let's sustain the progress. Weldone guys.

You're right, they are truly bouncing. Bouncing back home.

Angelfrost:
Great analysis and odds.

I will adjust them slightly as follows:

Chelsea - 35%
Man City - 30%
Liverpool- 25%
Arsenal -10%


This is my outlook and opinion based on preseason and team improvements.

Factor injuries into it!
Also, pre-season form sometimes is not often consistently maintained.

But, you may be right.

wiseone28:
If I were a Chelsea fan I would also rate them above every other club 🙄

after 7 matches you will start saying you don't want to win the league

[/s]Factor injuries into it![s]
[/s]Also[s], [/s]pre-season form is not often [s][/s]consistently[s][/s][s] [/s]maintained[s][/s]
[/s]But, you may be right

The world is laughing at us!😭

StoryHaven:
Funny weird people plenty for Nairaland. From politics to sport, to religion

Anyways, the site is a boredom killer. That alone is enough.

You are right 😃😃

StoryHaven:
Many times I ignore comments. You'll just wonder how the person came about the conclusion with a brain in the head.

And funny enough, I ignore so many comments too, but, sometimes, people like these, one would just query them so that they won't think quietness means they were right. 😃

See how he washed one of the finest players Nigeria boasts of in this female team!! Strikers' nightmare.

robosky02:
75’ Nigeria coach Justin Madugu don make three ogbonge changes.

Esther Okoronkwo, Echegini and Halimatu Ayinde don comot. Asisat Oshoala, Christy Ucheibe and Deborah Abiodun enta.

Immediately he changed the front 3, to score come hard Oshoala and the others.

But, it's better to rest the best.