aasog1: He sells cement, sells flour, in real estates, has an office in NNPC Abuja's office, he's into oil and gas through Dantata his sibling, formerly owns half of Intercontinental Bank and he's the main reason Akingbola isn't rotting in jail right now, he formulates the nation's agricultural policies and currently got GEJ handling him full power to start selling rice for Nigerians since we spend about a billion on it daily and this greedy Alhaji needs the money. Been one of the so-called cartel, he was the only person who escaped persecution and now he's been given the green light to build a refinery. An AGIP any govt in power guy, and some people think he's a role model. The guy is nothing a crooked corrupt and penny-grubbing don. He sounds like those character in Mario Puzzo's novel. What a useless country. Why not rename the damn thing to Dangoria!

KingPradas: [size=15pt]Another way for the rich to get richer and the poor to get poorer. This guy will monopolise the oil industry. Greedy Man[/size]

seunfly:
Dangote is a business man and his location will be based on market force and availability of raw materials, that is why most of his investments are in the south.
I don't really believe he uses sentiments in his choice of location.

aasog1: He sells cement, sells flour, in real estates, has an office in NNPC Abuja's office, he's into oil and gas through Dantata his sibling, formerly owns half of Intercontinental Bank and he's the main reason Akingbola isn't rotting in jail right now, he formulates the nation's agricultural policies and currently got GEJ handling him full power to start selling rice for Nigerians since we spend about a billion on it daily and this greedy Alhaji needs the money. Been one of the so-called cartel, he was the only person who escaped persecution and now he's been given the green light to build a refinery. An AGIP any govt in power guy, and some people think he's a role model. The guy is nothing a crooked corrupt and penny-grubbing don. He sounds like those character in Mario Puzzo's novel. What a useless country. Why not rename the damn thing to Dangoria!

KingPradas: [size=15pt]Another way for the rich to get richer and the poor to get poorer. This guy will monopolise the oil industry. Greedy Man[/size]

zizman: Another chapter will this year be opened in the downstream sector of the petroleum industry, when business mogul Alhaji Aliko Dangote kicks off his plan to establish a refinery in the country.

The federal government had, in 2011, granted approval to 19 multinationals for the setting up of private refineries in the country, but none of them has come on stream due to the regulation of the price of fuel in the country.

Though details of where the refinery will be sited and its capacity were yet to be made known, work on the refinery, which will cost $8 billion, will begin this year.

At a breakfast meeting with some senior editors to mark his 57th birthday in Lagos, Alhaji Dangote said work will start on the refinery once his company secured the final approval from the federal government.

While acknowledging the fact that only a mad businessman would consider establishing a refinery in Nigeria under the present uncertain business terrain of subsidising the downstream sector of the petroleum industry, Dangote pleaded with the government to allow market forces to determine the price of fuel to allow the private sector play a significant role in the industry.

"We are all aware that the federal government had issued 19 licences to the private sector to establish refineries in the country, but how many of them have come on stream? There is uncertainty in the sector and only a mad businessman will put up a refinery now, but we are set to do that," he said.

Alhaji Dangote urged the federal government to put in place critical infrastructure in all sectors of the economy to kick-start its rapid development.

He said that with the country's population expected to hit 200 million by 2015, there were no serious plans to take care of the huge population.

He also called on the government to diversify the economy by intensifying reforms in agriculture.

http://leadership.ng/nga/articles/52005/2013/04/13/dangote_build_8bn_oil_refinery.html

Legit1: He will have to source from business mogul who are interested in being stake holders.

Cause given his net worth, how does he intend to pull 8billion dollars?

KingPradas: [size=15pt]Another way for the rich to get richer and the poor to get poorer. This guy will monopolise the oil industry. Greedy Man[/size]

Itoroetti :


And so?where is he from?where does charity begins from?stop bin myopic my boy.

ichidodo: 8 billion?! How much is Dangote's networth? Hope the dude wont go bankrupt because of refinery.

Gombs:

Umm, frm d above bolded, can you explain why there's a refinery in kaduna?...cos it beats me to comprehend why your above bolded wasn't considered while siting kaduna refinery.

Your post smells like horse poo to me tho #NoVex

KingPradas: [size=15pt]Another way for the rich to get richer and the poor to get poorer. This guy will monopolise the oil industry. Greedy Man[/size]

Tolexander: So after sleeping overnight in my house built with dangote cement, i will still need waking up in the morning to boil my water for tea which has dangote's sugar with gas from dangote's refinery, and cook my shaggetti also with dangote's kerosene.
Drive to my working place with my car running on dangote's petrol. Only to gat to work and realised there is no PHCN light then thinking of how to run our generator on Dangote's diesel.
Even about 5% of the air breathe in will be dangote from the combustion of his fuels to the atmosphere likewise the air breathe out will be dangote from the catabolism of the sugar, spaghetti and indomine i eat everyday.
Applied for dangote's truck driving school, but wasn't admitted but still putting my hope on the post of the dangote group company financial manager i recently applied for.

Why all these God? when am not a product of dangote's company!

aasog1: He sells cement, sells flour, in real estates, has an office in NNPC Abuja's office, he's into oil and gas through Dantata his sibling, formerly owns half of Intercontinental Bank and he's the main reason Akingbola isn't rotting in jail right now, he formulates the nation's agricultural policies and currently got GEJ handling him full power to start selling rice for Nigerians since we spend about a billion on it daily and this greedy Alhaji needs the money. Been one of the so-called cartel, he was the only person who escaped persecution and now he's been given the green light to build a refinery. An AGIP any govt in power guy, and some people think he's a role model. The guy is nothing a crooked corrupt and penny-grubbing don. He sounds like those character in Mario Puzzo's novel. What a useless country. Why not rename the damn thing to Dangoria!

aasog1: He sells cement, sells flour, in real estates, has an office in NNPC Abuja's office, he's into oil and gas through Dantata his sibling, formerly owns half of Intercontinental Bank and he's the main reason Akingbola isn't rotting in jail right now, he formulates the nation's agricultural policies and currently got GEJ handling him full power to start selling rice for Nigerians since we spend about a billion on it daily and this greedy Alhaji needs the money. Been one of the so-called cartel, he was the only person who escaped persecution and now he's been given the green light to build a refinery. An AGIP any govt in power guy, and some people think he's a role model. The guy is nothing a crooked corrupt and penny-grubbing don. He sounds like those character in Mario Puzzo's novel. What a useless country. Why not rename the damn thing to Dangoria!

wengerjay: I wil nt be surprised if it is Dangote Ankara u intend to wear for ur outing today.

aasog1:

Dangote doesn't think like a Nigerian when it comes to business, one of the reason he made a small boy like GEJ is best pal after he noticed it was the SS turn. His refinery won't be built in North as it might get blown up by his crazy families over there, besides the north is more interested in bomb making chemicals than anything right now...this is a hint for my Ibo brothers to start eyeing the importation of these goods. He won't build it in SE, SS as it would be too costly paying all that kidnapping insurance to the bad boys over there. He will definitely be adding it to one of his many empires in Lagos or Ogun State. The South West people might be called too timid and too open and accommodating, but this is benefiting them tremendously.

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phreakabit: In a sane community most of his business ventures, will be labeled as unethical, due to their MONOPOLISTIC nature. Yet a lot of people don't see it :


[size=18pt]IF WE CAN HAVE A 100 NEW MILLIONAIRES EVERY YEAR. . .WHY HAVE THE SAME BILLIONAIRE EVERY OTHER YEAR?[/size]