Ondo state in the nearest future is going to be among the leading states in the country with lots of development going on in the state... Kudos to the Governor there, Dr Olusegun Mimiko because i believe he must have influenced this decision in one way or the other and congrats to the people of Ondo state!

Alico Dangote is an intelligent man. If it were some northerners, they would want to site the refinery in the North not minding the extra cost. Thank God we have one man who is willing to make real investment in Nigeria unlike those subsidy thief that want our free money.

NIGERIA CAN BE BETTER WITH TRUE NIGERIANS LIKE DANGOTE,DAN YOU ARE PROUDLY NIJJA

Sincere 9gerian: "Analysts have said previous attempts to get the refineries going were held back by vested interests such as fuel importers profiting from the status quo"

Including the ACN sponsored Ojota
Lagos fuel subsidy protest. Ghana has removed fuel subsidy and heavens did not fall. When in a few years time, the down stream sector of Ghana blossoms, some Nigerians will start making senseless comparison.

Anyway, enemies of progress. God pass all of una. Thank you Dangote

Insincere_retard, na shit full your skull walahi!!!

He said making a new refinery run at a profit would
work even if the government failed to scrap the
subsidised fuel price that has deterred others from
investing.
“We’ve done our numbers and the numbers are
okay,” he said.

Dangote Carry go!!

seunfly: I have said it b4 10 of this man is what we need.

.
Abi o

Dangote is a correct Aboki. One Nigerian

ceejay80s: Where dis man see money
God abeg make i see ghana must go for road wey 20M naira full am.Amen

guy go and work 4 ur own money 2. na work d man work 4 his own wealth, u can be rich like him if u CAN.

Great move by Dangote, He will face a lot of opposition from our politicians-to them, he is an obstacle. I am not surprised, this will make him join the first 10 richest men in the world. We in business always stand out.

Not excited about this. The environmental implications are not good at all. Its not worth it. Refineries are better off in isolated arid areas. A place in the north will be good. Dangote cannot come and destroy the SW. We know how he can use government contacts to do what he wants. What are you going to do with money you can't enjoy? The people of Ondo should reject this. We as a country have not reached the point where we monitor and punish offenders of environmental pollution. Let him lay pipelines all the way to Gombe or Gongola or one of those sparsely populated states. If he's worried about security, he should warn the northerners.

baby_123: Not excited about this. The environmental implications are not good at all. Its not worth it. Refineries are better off in isolated arid areas. A place in the north will be good. Dangote cannot come and destroy the SW. We know how he can use government contacts to do what he wants. What are you going to do with money you can't enjoy? The people of Ondo should reject this. We as a country have not reached the point where we monitor and punish offenders of environmental pollution. Let him lay pipelines all the way to Gombe or Gongola or one of those sparsely populated states. If he's worried about security, he should warn the northerners.

This wont be a govt owned refinery and concerted efforts by the govt of the day can bring such worries under control. Nigeria needs investments , lots of it to create millions of jobs and keep our youths busy.Lagos dserves at least one refinery or two and maybe one in Ibadan too. And lest i forget we need more to compete with Dangote because i do not fancy his unfair business play in Nigeria. I pray God will help others and myself to succeed. I also look forward to many more investments in areas of cement to break the holding monopoly and force the price down to like 5oonaira a bag, why not.But we need this refinery fast!

9jadelta: i dnt see this as good news. Soon, dangote will monopolize the oil sector like he did with cement, we will now start paying thru our nose to get gas. I dnt trust dangote, he is tooo ambitious.

so dangote monopolized d cement industry? so u r so dumb?

baby_123: Not excited about this. The environmental implications are not good at all. Its not worth it. Refineries are better off in isolated arid areas. A place in the north will be good. Dangote cannot come and destroy the SW. We know how he can use government contacts to do what he wants. What are you going to do with money you can't enjoy? The people of Ondo should reject this. We as a country have not reached the point where we monitor and punish offenders of environmental pollution. Let him lay pipelines all the way to Gombe or Gongola or one of those sparsely populated states. If he's worried about security, he should warn the northerners.

I do agree with you. It seems that the only considerations made are economic ones and absolutely no consideration is given to environmental impact.

obeleking: AND WHERE WILL THE TOXIC WASTE(BOTH SOLID AND GASEOUS) EMITTING FROM THIS PLANTS BE GOING=THE RIVER,FARMLANDS,HOUSE,ROADS OR GUTTERS ETC. NOBODY SEEMS TO BE ASKING THIS QUESTION. MAKE UNA ASK OTHER COMMUNITIES FOR DELTA STATE HW FAR!

An environmental impact analysis aka EIA has already been carried out on the project...it aims at predicting, analysing and emileorate the negative or positive effect of a proposed project in an environment...a lecturer of mine in FUTA who is in the URP dept did the EIA of the olokola free trade zone...you can google it and see the pages

He can do it because he's part of the cabal that holds the country by the jugular.

Can they change the name of that city first before anything? That Oloko something sound some how!

prince_onx: Can they change the name of that city first before anything? That Oloko something sound some how!

Why Na Ikale/Ilaje name.........

Sincere 9gerian:
Including the ACN sponsored Ojota
Lagos fuel subsidy protest.

Are you for real? ACN also sponosored the protests in Abuja, Ilorin, Kano, Nasarawa etc?? If they can mastermind protests in distant places then can you still refer to them as a regional party?
It's ok to support anyone you want to, but when you start believing your own lies, then you need psych evaluation. Seriously.

baby_123: Not excited about this. The environmental implications are not good at all. Its not worth it. Refineries are better off in isolated arid areas. A place in the north will be good. Dangote cannot come and destroy the SW. We know how he can use government contacts to do what he wants. What are you going to do with money you can't enjoy? The people of Ondo should reject this. We as a country have not reached the point where we monitor and punish offenders of environmental pollution. Let him lay pipelines all the way to Gombe or Gongola or one of those sparsely populated states. If he's worried about security, he should warn the northerners.

This is a genuine concern about the environmental implication. I hope they did a good EIA and should allow the community to extensively study it and agree to it. The effluence discharge from the refinery in other locations have destroyed marine life and farmlands with life expectancy cut down.
We definitely need bold investment like that can create needed jobs but then the best practices should be adopted.

Instead of the importers to block the refinary, they should invest in a refinary, they will make more money than importing. fools.... the biggest problem with this country they the fuel importers, they are the one also blocking power projects because they want to sell diesel for Generator.

Money is really talking. . .

This is going to be the 3rd refinery for Ondo state and ultimately 4 for the SW.

Not bad .....

9jadelta: i dnt see this as good news. Soon, dangote will monopolize the oil sector like he did with cement, we will now start paying thru our nose to get gas. I dnt trust dangote, he is tooo ambitious.

I understand what you mean, but i think ambition is good. He once made a statement that i love so much, "A man without ambition is not fit to live".

bravo

common sense - i knew it would be lagos ondo or ogun.

[size=14pt]Dangote to Amosun: Don't abandon Olokola, industrial park[/size]

THURSDAY, 29 MARCH 2012

BILLIONAIRE industrialist, Alhaji Aliko Dangote, has charged Governor Ibikunle Amosun of Ogun State to build on the successes of his predecessor.

He specifically urged Amosun to complete the Olokola Free Trade Zone and industrial park initiated by the immediate past administration of Otunba Gbenga Daniel to attract huge funds to the state.

Dangote, who spoke in Abeokuta on Tuesday at the just-concluded Ogun State Investors' Forum, also advised the governor to partner with the concessionaire of Lagos-Ibadan Expressway, Bi-Courtney Highway Services, to reconstruct the highway in the interest of Nigerians as well as business development.

The business mogul said the Gateway State has the potential to become Africa's industrial and investment hub, if right policies and programmes are mapped out by the state government.

Dangote said: "Ogun State has what it takes to become the giant of Africa. As you know, the state has a place where it shared boundary with Ondo State and that is the place we call Olokola.

"The Olokola Free Trade Zone is a place where we can build the biggest seaport in Africa. If Ogun is able to get the right, genuine investors to put up massive infrastructure, we’ll have more businesses than what we have put together in the whole ports in Nigeria because today, as we are talking, we don’t have any deep sea port in the Western part of Africa and by setting up one, it means that much of the businesses will come down here.

"Today, it take weeks for you to clear a 20-feet container in Lagos port; other ports are so shallow, they are not really commercially-viable and will not be able to take big ships to go and discharge your cargo.

"Secondly, you also have what we call proximity; Ogun State is just some few kilometres away from Lagos and also it is the entrance going to other parts of the country. This means that you can have the Lagos, Ogun, Nigeria and the rest part of African markets. So really, why do you want to leave Ogun State and go somewhere else?

"One of the things that Ogun State needs to do is: first, the governor should personally take interest in terms of finishing the gas pipeline which is just less than 150 kilometres which links part of the East to the West.

"I remember when we wanted to build the Kogi cement factory; we have to run a 92 kilometre of gas pipeline. So, for Ogun State, the calibre of participating investors here can assist in financing the project and the state can pay up in a maximum of two years.

"By linking the West with Eastern gas pipeline, Ogun State can set up an industrial park with uninterrupted gas supply, they can set up petrochemical industry, because today if there is an industrial park, what it would do is to help in terms of creating jobs here. The economy will be totally transformed because you would have created a lot of jobs; the people that are here and in the neighbouring states and countries will have disposable income and that will translate to economic prosperity.

"So, I believe it is now key upon you to do three things: first to be sure that Olokola becomes a reality, also to set up an industrial park which does not need much money and people are ready to pay; it does not really cost much. Once you generate that industrial park, everybody would move down to Ogun State."

Dangote noted that Ogun has the markets for the attendant businesses, adding that "by 2014, the state will be much bigger in terms of cement production than 90 per cent of African countries.

"As it is today, the total cement production capacity in Ogun State is bigger than that of South Africa put together.

Ogun state has capacity to produce 16 ½ million tonnes and South Africa has only 14 million tonnes," he said.

The industrialist also urged the governor to invest in security and infrastructure to attract more industries to the state.

[size=16pt]WELP[/size]