₦airaland Forum

adekhingz:


If you can't tell us what he did, how can we learn from you sir?

Meanwhile; Single Room apartment to let around Jibowu. Trekkable or #50 napep to Yabatech. #150 shuttle to Unilag. #200 to Obalende just after 5 minutes walk to the road. Price for the apartment is #150,000 total package. After which you pay #60,000 per year (i.e #5,000 monthly). P.m for contact of the agent. Pay after inspection and you like it.

Na Gold be the single apartment wey agent fees dey more than the apartment fees gan gan? LWKMD. The person wey go pay for this kin apartment na real mu.mu o smh.

Olawalesmarter:
They developed after Privatization of most of their sector. Health, Education, etc are all privatized. Privatization is the only way to fight Corruption in Nigeria

Privatization is not the only way to stop corruption in Nigeria and can never be. Instead of privatizing what the government should own, how about outsourcing the recruitment instead to a company such as dragnet to hire people on merit thereby stopping nepotism that is the more serious and salient problem than the corruption you mentioned.

If people are not hired on merit, how do you expect them to be accountable to anyone?

That is a food for thought.

My 2 cents.

ojuu4u:
I don't like argument sir, I mentioned at least 3 advantages, meanwhile you said company not exist, uhmmm, you are wrong, Dangote refinery exists, people have been working thr as employees since 3 years now, he sent some batch of engineers to India, it will only becomes FULLY operational next year , where tens of thousands would be working there.... direct and indirect jobs.


U also talked about bailout, if it's Nigeria that govt gives bailout to individual coy, you will be the first person to condem it, .....in economics they call them INCENTIVE. ( Bailout, forex, tax holiday, not paying tax atime etc)



Judgemental is not positive behavior, bye

It is not incentive any day where one man accesses the incentives alone. Fvck the jobs he creates.

Olawalesmarter:
Don't say what you don't know out of hatred or ignorance, Many Nigerians have been employed and hired i watched a Video on UTUBE that showed thousand working on the Refinery and Some Engineers were sent abroad to gain more knowledge about how to work in the Refinery and many more people will still be employ, this will bring a lot of Change to Nigeria positively. NNPC is a bottomless Pit that have been sinking Billions of Naira for decade, you can't keep doing the same thing over and over again and Expect different result.

Has the refinery started? No. So all that training means na da. They are not working currently. If they were working, bailout could suffice.

Olawalesmarter:
Stop all these nonsense, and stop bitching about Private Investors someone have to take the mantle whether you like it or not, every sectors in the USA is own by Private Sectors and it is working for them

But people are being paid fair salaries bro. As I said, apples and oranges. They are not the same. By the way, the US you mentioned is light years away and away from Nigeria.

Olawalesmarter:
Government have a role in every Business and it is the Government duty to work hard to Favour Investors and Private sectors, receiving favours from Government to make everything easier for the Business is not corruption it is part of every Private investors right.

Government does not have a role in business in saner climes. The role of government is regulation and providing an enabling environment for business. Chikena. As for bailout, government is only concerned about the job losses and the trickle down effect on the economy. And the business you even talked about does not even exist! People have not been hired or even started work! So where are the job losses going to come from. What is wrong is wrong. I have said my own.

ojuu4u:
All over the world govt support her citizens in business-wise, e.g during Obama reigns he supported GM (general motors) bailout to reflate his business, why? Government knows if businesses ( foreign or indigenous) collapse in the country, it has aggregate negative effect on macro economy of the nation,

Pls don't be myopic on issue of Dangote , what about (1). sooooo ooo many jobs that it would create. (2) influx of foreign exchange earning to Nigeria economy. (3). Marginal reduction in crime no matter how small it may be. etc


Meanwhile if you read the article very well , CBN gov say he had not seen anyone again that comes out for establishment of refinery, he reiterated that if anybody comes out, he or she will be supported with forex,

Bailout is different from offering someone an unfair advantage. One for bailout is for a company that exists and people will definitely lose jobs without the bailout. Two, you are arguing about is the same is for a company that does not even exist and people do not have jobs in them. Apples and oranges bro. They are not the same.

obailala:
Dangote will not sell petrol less than N200. When his refinery comes fully on stream, and when Nigeria starts producing enough to meet local demand, the govt will totally halt the importation of petroleum products, and then fully deregulate the downstream sector, thereby giving Dangote and his tiny competitors (i.e. owners of the other tiny modular refineries) full monopoly. When thay time comes, Dangote will sell petrol for not less than N200, and Nigerians will have zero choice but to buy it like that. This isn't just an empty prophecy, its a logic based prediction.

At the end though, the stoppage of fuel imports would give Nigeria's economy a turnaround; that's the only bright side, which of course is really bright.

And you forgot make the people poorer without commensurate salary increases. So we can get an unassailable lead as the poverty capital of the world. Well done. See how I punched holes in that your stupid logic.

Olawalesmarter:
why are you hating on this man for no reason? He is a Business man and he will use every advantage to make profits, and it is also the Federal Government duty to make the Market Favourable for Private sector. What's really wrong with Nigerians ? you always think everything have an agenda, if he was a foreign investor Nigerians would still complain

Why will we not hate on him? He is using our taxpayers money to feather his nest because of political patronage SMH.

Olawalesmarter:
He borrowed money from CBN he would repay it with interest

The forex one nko that he got an unfair advantage?

EMIOMOADEOYE:
Meanwhile Buhari is still waiting for Osi to come and explain the meaning of your response.

Zombie, lifeless FC supporter. Remember Karma and posterity.

Proudlyngwa:
Because Government has no business running a business, and I wonder who are those that liked your stupid write up.

So Saudi Arabia, Malaysia and even Angola that have national oil companies are wrong abi?What is this one saying?

Funkybabee:
I fear for Nigeria, I hope it wont affects us like cement issues that federal government can't control again .. oga oooo


what a Nation

Unfortunately, AtikuObi, the so-called alternative is talking of privatizing everything. The GSM they privatized, there is a whole lot of problems with them. We should not even talk about the Electricity one SMH. Some things are supposed to be government owned, electricity and crude oil (especially for an oil country) are those. If the Nigerian factor called nepotism is that bad, a government with political will can outsource the recruitment to a company like Dragnet who will absolutely hire people on merit. Elimination of nepotism does not have to be for all sectors, just the electricity and crude oil ones and this country will be so much better. My 2 cents.

theoldpretender:
1.We should stop this myth that every working Nigerian is earning N19000 or 30000 monthly. That's not true.

2.Thing is, the money to pay for subsidy is not there again. We sell crude oil at $60 per barrel....while we need it at $140 per barrel to run a fully functioning economy. We also don't have the cash to keep on paying high salaries.

3.If we deregulate...we save billions of naira...which might even be enough to raise salaries. Then there are the extra jobs and extra investment that would flow in as a result.

4.We have to deregulate. Or we keep on pouring money into the corrupt subsidy system.

For #3, for a government that is struggling to pay 30k minimum wage and is instead saying 27k, that will increase salaries? You are not serious.

lloyds:
Thorough privatization is the only way to achieve effective flow. Government stared establishments will always be filled with the issues i mentioned before . . It is a Nigerian factor and peculiar.

Corruption!

It beats me how Nigeria, as an oil country does not have fully functioning refineries.

To me corruption is not the problem in this country, rather nepotism. When children of politicians and other people who patronize them and do not merit the civil service jobs get it at the expense of those who merit, inefficiency and unprofessionalism will surely happen.

Just see NIMC for evidence.

theoldpretender:
Essentially, the cost of fuel from Dangote's refinery is above the government subsidised price of N145.

So,either government puts Dangote fuel under subsidy...OR we remove fuel subsidy.

Perfect summary. And for your information, lifeless FC and his clueless government are supporting Dangote refinery with our taxpayers money too.

fyneguy:
It is simple.

We give him crude oil and pay refining cost. Cost of shipping is eliminated! It will still be much cheaper than imported products.

We can even pay him the refining cost with some crude oil.

What is this one saying? Whether you give him crude oil or not, it can never be FG price. Just admit that as a lifeless FC supporter, your "hero" and his government goofed this time.

ojuu4u:
The problem is cost of doing business in Nigeria today is far far higher than in Europe and advance countries, in Nigeria the owners will pay for, electricity, security, water, even the roads are bad, all these have negative costs implications, since any business person wants to make profit, he or she must add the costs before arriving at sales prices



Not until Nigeria govt addresses infrastructures decay, worsening security , unfavourable exchange rate regime among others, prices of anything produce in Nigeria will never come dowm

The short time advantage is that it has possitive effect on job creations and reduces joblessness among populace

If the cost of business is high, why ask for government subsidy? At least let us know you have no government help, and you can price your product any price. Not using our patrimony, our taxpayers money to get an unfair advantage and still price the citizens paying them to death. What is wrong, is wrong. Dangote is wrong here, he should have no support.

Stephendeals:


So the government is saying a Nation of over 150million have to wait for a private individual to set up his refinery for the nation to move forward..


Is this the promise that PMB made in 2015?

Incorruptible PMB cum (Petroleum Minister) cant revive a refinery in 3 and half years to full functionality... omashe oo
"On the Oil and Gas Industry: I will: 1. Revive and reactivate our minimally performing Refineries to optimum capacity;"

Read more at: https://www.vanguardngr.com/2015/05/what-buhari-promised-nigerians/

How Nigerians are rooting for someone who clearly failed woefully on what he promised to deliver is incredible- Many Nigerians really need mental evaluation

When we say Abok.i should go to school, this is what we are saying. They are part of the people dragging us back in this country.

Unfortunately, the educated ones that are continual slaves, unfortunately my tribe, continue to be ruled by one man in Bourdillon SMH.

tzoracle:
exactly..

But if his main aim is profit making as a business man why is he being part funded by the FG

Thank you! The man just scammed them! Reason FG should never support a private business, they are doing that with the DISCOs unfortunately too.

debaj10:
The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price.

This ends the speculation about how much the pump price petrol from the first private refinery will attract when it begins operation next year.

Dangote spoke on the sidelines of the visit of Central Bank Governor Godwin Emefiele to the refinery in Lagos.

Dangote said though the plan is not to concentrate on export entirely, he noted that petroleum products from the refinery will be sold at export rate.

He said it is the duty of the Federal Government to determine the price of fuel, adding that he doubts whether fuel subsidy will continue but if it does, the government can engage the company to find a mid-ground on how to tackle the issue of subsidy.

He said: “We are not here to concentrate on export but pricing of products depends entirely on the government. If there will be subsidy, which I doubt very much, that is the job of government not the job of Dangote to determine what the price will be. But price of our export is what we sell, which will depend on what the market is internationally, and locally if there will subsidy, the government will carry that responsibility and not us. Government has to engage us and see how they can find a mid-ground on that.”
On job creation, Dangote said the refinery and petrochemical project is transformational. Considering that Nigeria depends on importation to meet its fuel consumption needs and the attendant huge subsidy to keep pump price at regulated price of N145 per litre, he said the project will create massive jobs.

According to him, most filling stations don’t sell fuel because of lack of fuel in view of issues around importation, adding that when the refinery begins operation, it will put these filling stations and their workers back to work.

He said: “Currently, more than 26,000 people are working on the project and at the height of the project, the number of workers will soar to about 80,000 people and there will be more than 50,000 workers living internally in the company.”

Emefiele promised the apex bank’s assistance to other refineries’ licencees whose banks can vouch for their credit worthiness.

Emefiele said: “CBN’s support depends on the company’s capacity. I have not seen any other person that has received government licence to set up a refinery. In any case, you don’t come directly to CBN, you have to go through your bank and your bank has to assess your capacity to be able to take on the project.

“My suggestion is that if there are people that have interest in CBN’s support, they should go to their banks and if their banks are able to display their credit worthiness to be able access such facility, CBN is ready to support them in naira and dollar that they need to import equipment that will enable them conduct their businesses.

“I have not seen any, if I see any through their banks, I can assure they will receive this kind of support Dangote got from CBN.”
The CBN supported Dangote Refinery, which will cost $9 billion (N75 billion) and the fertiliser plant which will cost $2 billion with N50 billion. The apex bank chief also stated that the refinery and petrochemical project is funded by 60 per cent of Dangote’s equity with the remaining 40 per cent funded by debts from local and foreign banks and CBN’s support.

http://thenationonlineng.net/dangote-refineryll-not-sell-petrol-regulated-price/

Wow, that was Lifeless FC's shining business that they even extended FG and CBN money to. Can you say waste of funds? Lol.

Aystarz:
Nah I doubt there's any such thing as match-fixing in the Premier League.

The Liverpool Vs Leicester game? The Burnley Vs Man Utd game?

helinues:
Sometimes one needs to consider fixing in football. It is real. Cos how can one or 2 players who have been loosing balls/ positions and still on the field

Exactly, that Juventus match yesterday and Athletico Madrid today, I suspect both matches are fixed. In fact, seems the big leagues are fixed, as most play the big leagues. Lesson I learned today.

xynerise:
They are paying him na. He must play

We dash him the money, we are not complaining, as long as he warms the bench to eternity

xynerise:
Jones, pls dont score own goal today

Why did they bring Calamity Jones for God's sake? SMH.

medolab90:
That goalkeeper is bad conceding unnecessary goals.

But that game really pained me o chat imagine following a game from the beginning only to witness last minute goal.

Sorry bro. Lesson is do not bet England, Italy or Belgium games. Scotland, Greece and Croatia is it instead. Do your research sha on those 3 I mentioned before you play o.

medolab90:
That was also the last game for me.when I saw 3-2 90 minute I was already rejoicing.

At 3-2, I was already scared, when there was no answer like when they were 2-1 up, I knew something was up. I suspect this match was fixed.

2sexy:
There is this girl who I met at a friends house,a cousin of his. On two occasion, we met by coincidence and after which, I traveled. when i came back she had travel to lagos. I had to collect her number from my friend and started work-wooing her on phone. she was acting as if she was not interested and she kept telling me that she has a guy,but she never stopped ringing me.

But along the line we had a little mis-understanding and I did not call her for about a month and that was as a result of her phone being stolen.

Starting from last 2 weeks, we started from where we stopped and then I asked her to come and see me at my house but she prefered her cousin's. She came but I could not see her due to time management.

Then this week she asked me to come to her house and I did but met her absence. I had to leave with my friend(her cousin)

On that same day, I called her on phone later in the day and she asked me to come and see,even when i had told her that it was getting dark. She insisted that I come to her house and the way she sounded on phone made me curious so I went to her house.

THE DRAMA,

On getting there, I waited at a corner just a few centimeter from the gate to her house. When she came out, our eyes met and we both smiled at the gaze. I turned my back to her and when I turned around to look,as she was approaching me, she started running towards me and before I knew what would happen, she grabbed me and gave me, a , warm hug and held me close so close. the forcae almost landed both of us on the ground. I was just wondering what was happening because I never expected her to act that way. then she looked at me in the eyes and held me again,

I then asked: Why you just jump for my body like that? I dey miss you was her reply.

Wow! Tina, miss me? I guess I must be dreaming
Though I liked it but I was really surprised because all along, before then, she was just acting as if she had no feelings for me.

Anyway, we both walked to her cousin's house and when we got there, both of them started having a kind of childish play and her face was just beaming with excitement. Not long afterward, I had to walk her back home.

I went back to her cousin's house and the cousin said: jide,i don see something oooh. I asked what is it? he said: Tina, like you.

Wow! a double confirmation.

Why do girls hide their feeling?

Issa love something lol

Eyaaaaa . Maybe d op is fighting himself , who knows

Op is now fighting himself? That is the beginning of madness! And he is already homosexual already! Damn!

I dey over enjoying it self . How I wish my bestie is here. U speak yoruba?

Warrisdis? Bikonu

iamdurent:
and who's this 3rd hoe?

So it is confirmed you homosexual bro. Wrong bro.