Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,209,317 members, 8,005,627 topics. Date: Monday, 18 November 2024 at 08:34 AM |
Nairaland Forum / Nairaland / General / Politics / Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal (22055 Views)
President Buhari Signs Petroleum Industry Bill Into Law / 10 Things To Know About Nigeria’s Petroleum Industry Bill, PIB / House Of Representatives Passes Petroleum Industry Bill (PIB) (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by nograv: 12:24pm On Mar 04, 2021 |
This is Nigeria's problem in a nutshell.. Thieves masquerading as captains of industry. I remember when a wealthy uncle of mine said few wealthy individuals in Nigeria could be classified as true businessmen or woman in the global understanding of the word. Dangote is a two bit hustler who relies on government patrons to help him succeed. Very little of what he does can be classified as true business. He isnt alone in this, there are other Billionaires who operate like this. Carlos Slim of Mexico is another, where Mexico has the highest internet/telco and power prices in the world due his activities. The average street tout or agbero would also be a billionaire, if they had Dangote's advantages.. Its not a lie.. 13 Likes 4 Shares |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by nams77: 12:24pm On Mar 04, 2021 |
Queenlovely:Yes he may have flushed some but he brought in his own set. Go to quora and find out 2 Likes |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Emeka71(m): 12:25pm On Mar 04, 2021 |
Nice information. |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by adesegun121(m): 12:26pm On Mar 04, 2021 |
Ok |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Sonn(m): 12:26pm On Mar 04, 2021 |
This is why i personally don't believe this country will get any better without RESTRUCTURING, so many errors that can be too difficult to correct, a country where one man is allowed to manipulate a system thereby suffocating others with i don't care attitude, over and over again, and some of us would say' NIGERIA WILL GET BETTER" Na lieh! unless we restructure, that's the only way 1 Like |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by somebody02: 12:26pm On Mar 04, 2021 |
Dangote has never been an upright business, most ones leaning on government to take advantage of policies. That's why it will be hard for any Nigerian, Or African Billionaire to talk about how he/she rose to fame. Massive concession to build, now you want monopoly over importation, na greed, that thing self never start to dey work o. 2 Likes 2 Shares |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Queenlovely(f): 12:29pm On Mar 04, 2021 |
nams77: I speak Russian, I live in Omsk and Vladivostok. why do I need quora to tell me stuff I see already. Even the quora you advertise, my friends are shareholders. please. 1 Like 2 Shares |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by 12inchess: 12:31pm On Mar 04, 2021 |
Na so Dangote they do ooo. Last last na still Atlanta and Florida babes go dey chop him money. It's crazy that you will monopolize oil Refinery to a monopoly. |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Nobody: 12:31pm On Mar 04, 2021 |
Queenlovely: Putin was endorsed by and later coopted the same system to his aims tho. Has his own oligarchs and strongmen running the show now. Tho, he is more concerned with Russia's int'l standing than Yeltsin's gang. Guess we shld direct our ginger at the players, not the game. As u said. But perhaps better than Putin. Cos he isn't quite a solution. 2 Likes |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by OnlyDeCapPlease(m): 12:34pm On Mar 04, 2021 |
tommy589: That one has happened already. Where were you? |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by kalu61(m): 12:39pm On Mar 04, 2021 |
Queenlovely:Putin is a real niggar, one day, just one day even if it takes 2000 years, someone will emerge and humble these oligarchs 2 Likes |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Fcwilly: 12:40pm On Mar 04, 2021 |
Piart4: Go to (crypto data flow or binance site) and see that pi network is already gaining strength. Last week it reached $2.1. news have it that it's been sold almost $10 in black market. Good luck my person you're doing well. Pi is going to be the next Bitcoin. |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Cousin9999: 12:43pm On Mar 04, 2021 |
smh |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by surgical: 12:43pm On Mar 04, 2021 |
ProfAmaben:swallow your pride those guys are way smarter than you Southerners,it takes somebody more intelligent to dominate you.it is erroneous to think you guys are smarter as what's on ground doesn't show that. 1 Like |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by inereunwa1(m): 12:46pm On Mar 04, 2021 |
B |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Femeto: 12:50pm On Mar 04, 2021 |
DANGOTE is all about himself. 2 Likes |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by oluade11: 12:51pm On Mar 04, 2021 |
God will trouble and remove everyone troubling Nigeria in Jesus name. 1 Like 1 Share |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by nams77: 12:57pm On Mar 04, 2021 |
Queenlovely:Oh. Yes you might be there but you may not be privy to what goes on in the upper most echelon of government. I have course mates who came from there. |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Fixey: 1:04pm On Mar 04, 2021 |
Queenlovely: Are you a woman please. How did you know all of these? 1 Like |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Tap0lane: 1:06pm On Mar 04, 2021 |
Foolish Igbos like you will blame Tinubu for this as he is the one holding Nigeria done all the while. NwaNimo1: |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Nobody: 1:07pm On Mar 04, 2021 |
Queenlovely: Oleg derepasky and Mikhail Khodorkovsky were never bosses of boss. Semion Mogilevich is the boss of bosses. Derepasky and khadorkovsky were just men that had opportunity to make money from the sales of government enterprises during the breakup of the Soviet union. As fir Khodorkovsky he got himself in trouble trying to topple putin from power and also sabotaging russian influence through his ngo called open society of Russia. 2 Likes 2 Shares |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Nobody: 1:13pm On Mar 04, 2021 |
First off Dangote is not running a monopoly in cement or refineries; there are 4 other refineries under construction and 20 private refineries on the drawing board with valid licences The reason why they are not working is because for donkey years government has kept fuel prices low in the name of subsidy so any refinery operating under subsidy would run at a loss Even Dangote is able to build his refinery because he got loans easily. If the refinery fails because of the subsidy that government does not want to remove, the banks will get their money back by taking over Dangote other industries So this article is just an attack on Dangote and a means of obsfucating on the real issue ie oil subsidy removal If you want more refineries remove oil subsidy. Let the marketers not government control the price. That way the investors will cone and build more refineries and the 20 refineries licences would start work on them. Because refining oil to petrol would become profitable 3 Likes 1 Share |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Burruchaga71(m): 1:14pm On Mar 04, 2021 |
Dangote BEHAVE!!! |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by seguno2: 1:16pm On Mar 04, 2021 |
hammerDK: Who told you that he is fighting for something that he already has |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Nobody: 1:16pm On Mar 04, 2021 |
EkelediliBuhari: Bua and lafarge are still operating. Bua even owns 4 cement facilities in this country when i last checked Bua even also built a refinery in Imo where he refines everything except petrol because government controls the price of petrol and thus refining oil to petrol won't be profitable for him Dangote is not running a monopoly in cement or oil. 1 Like 1 Share |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by EkelediliBuhari: 1:21pm On Mar 04, 2021 |
Godarz: If you’re in the cememt business you will understand better If Dangote increases cement price today others follow through If he crashes it others have no choice He had the head start because of favorable policies...Others are just doing catchup... no way they can compete 3 Likes 1 Share |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Nobody: 1:30pm On Mar 04, 2021 |
EkelediliBuhari: And if he increases they can also keep prices low and attract more consumers to them than expensive Dangote Plus Lafarge at least got the same concessions form the Obj government as did Dangote Addthe fact that thw cost of doing business in Nigeria eg road transport costs and things like the declining value of the naira 1 Like |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Bayaar02(m): 1:31pm On Mar 04, 2021 |
Greediness will break the dangote group. Jof fins down. |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Nobody: 1:34pm On Mar 04, 2021 |
If not for government patronage I wonder what would have been |
Re: Another Monopoly: Dangote's Troubling Petroleum Industry Bill Proposal by Tani91: 1:44pm On Mar 04, 2021 |
thebosstrevor1:You are a fool sir 1 Like |
Biden Invites Buhari, 39 Other World Leaders For Climate Change Summit / President Tinubu To Address Nigerians at 7pm today / Atiku’s Spokesman Daniel Bwala Meets President Tinubu In Paris (Picture)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 52 |