At the end of the day, we will come to really recognise the fact that Dangote doesn't mean good for the Nigeria economy.

TOTOnigga:
I need a gay partner... someone to penetrate me...any interested persons should call or WhatsApp me...09021343628....

Note- your peni$ must be at least the size of a banana..

smelling sperm created you

Nigeria's economy needs to be rescued under the grip of this glutton before it's too late. This one man show in almost every major sectors of the economy is not and will never help us as a nation.

This is why Femi O sold his stake in FO to invest in the dangote refinery

Is Dangote the most shrewd business man in Nigeria

tesseract:

Hope you know that your mummy has proven herself to be more northern than most northerners? So there goes

Not a problem, we love her as a northerner and she would surely get another appointment that will shock many of you. What about that?

IN A NUTSHELL THE NOTH NOW CONTROLS THE NIGERIAN ECONOMY AND ARE SET TO BE THE ONES GENERATING MORE IGR THAN EVEN LAGOS HERES THE GRAND PLAN THE NORTH NOW RULES NIGERIA

You sir... are daft!

omophunky:
Can we please hand other sector to him ? so we'll have it in mind that we've been colonized by the fulanis.

UnabashedIPOB:
Aliko Dangote, to wield a 'monopoly' in the oil industry.

Nepotism run amuck in your ONE NIGERIA. Tomorrow, some M0R0NS would come on this forum touting how rich Dangote is forgetting that his road to Damascus was littered with gold for his picking. Keep it up with your stupid ONE NIGERIA!

Dangote being rich shouldn’t faze you or does it make you evidently poorer? It’s like telling me my governor is rich. Of what impact would it be to my life? Some arguments and worries are unnecessary.

Why would he not dominate the oil industry? Others who had looted and stolen the oil wealth of this country, what did they do with the money? How many of them built refineries and long lasting businesses in the country? All they do is spend on frivolous things buy private jets and luxury cars, a good example is OTEDOLA, he made his fortune from the oil industry and what did he put back? Instead he sold his oil company, no sane person should blame Dangote if he dominates here again, because he sees opportunities where others are blinded to such opportunities

Maameer99:
You sir... are daft!

Hope u're happy now ?

It is like everybody always seems to forget the refinery is been built on a Free Trade Zone owned by the Chinese who would still get some , I think 2% of the profit, not sure the percentage. The purpose of the refinery is for export so no body is dominating anybody, but definitely the local market would be saturated with products. Biko let stop the criticism we should encourage Alhaji and his team working tirelessly to put our nation on the map for great things.

PAWG:



Dangote being rich shouldn’t faze you or does it make you evidently poorer? It’s like telling me my governor is rich. Of what impact would it be to my life? Some arguments and worries are unnecessary.

Excuse you! Why would only one man, Dangote, be allowed to CONTROL every important aspect of a country's economy? I guess one MUST be daft to understand that stifling COMPETITION does not augur well for economy of any country.

UnabashedIPOB:


Excuse you! Why would only one man, Dangote, be allowed to CONTROL every important aspect of a country's economy? I guess one MUST be daft to understand that stifling COMPETITION does not augur well for economy of any country.

I’ll just ignore the bolded

If he was from your tribe what would’ve been your submission?

Am a southerner, but honestly don't know what the beef is about.

So what stopped Otedola, Uba, Alakija, Adenuga and other oil magnates from the south from putting up theirs??

Or was there any law that forbade them??

Abegi.

Thank you again NL encyclopedia.

The Dantata/Dangote Story: How To Create A Dynasty Of Billionaires by naptu2: 7:46pm On Mar 12, 2012

https://www.nairaland.com/891985/dantata-dangote-story-how-create


The History Of Dangote's Great Grand Father (alhassan Dantata) by preciousmaro: 11:52pm On Nov 02, 2015

https://www.nairaland.com/2709015/history-dangotes-great-grand-father

PAWG:


I’ll just ignore the bolded

If he was from your tribe what would’ve been your submission?

If he was from your tribe what would’ve been your submission?

That's what is wrong with the ZOO. Everything is viewed thru an ethnic lens regardless of how horrible and detrimental it is to the populace. How can one individual be strategically placed to play MONOPOLY and CONTROL every facet of a country's economy? Are you for real?

UnabashedIPOB:


If he was from your tribe what would’ve been your submission?

That's what is wrong with the ZOO. Everything is viewed thru an ethnic lens regardless of how horrible and detrimental it is to the populace. How can one individual be strategically placed to play MONOPOLY and CONTROL every facet of a country's economy? Are you for real?

It’s very easy to spot you guys. WTF? Objectivity really does elude you guys. You guys = tribal bigots

Sholaco:
Not a problem, we love her as a northerner and she would surely get another appointment that will shock many of you. What about that?

As long as the position isn't a sensitive one like the inec boss, nobody cares.

this is the north taking over, Dangote is just the tool they're using......the northerners want to put everyone to slavery but God no go gree.....

tesseract:

As long as the position isn't a sensitive one like the inec boss, nobody cares.

oga u have to care o because that is what is affecting you and I because money is not circulating that's why only few people have the right to modular refinery the rest were Closed down and believe you me Nigeria can't grow this way at all....go and read the history of america or watch the men who built America then you will Understand why one man should not be allowed to control the country's full economy even few months ago Dangote was saying He should soley be the one refining and producing oil in Nigeria, can you imagine so wot will happen to those with modular refinery...... even the oil self is not from the North, ha!!! this people are wicked may God deliver us from their grip of slavery....AMEN

zombieHUNTER:
Abokkis want to bury this country...
Nepotistic dullards everywhere

While Southerners bicker over trival issues..

3% to host communities
30% for Abokki to seek oil in a barren basin

Only if southern leaders can stop being mumu

zombieHUNTER:
Abokkis want to bury this country...
Nepotistic dullards everywhere

While Southerners bicker over trival issues..

3% to host communities
30% for Abokki to seek oil in a barren basin

Did you read the article at all, or the PIB bill? Many educated illiterates full these IPOB people, I swear!!!

PAWG:



It’s very easy to spot you guys. WTF? Objectivity really does elude you guys. You guys = tribal bigots

It’s very easy to spot you guys.

Yes it's easy to spot US guys, but it's EASIER to spot a DUMB ASS. It's obvious you lack any reasoning ability. Just because you're a FULANI man negates the fact that allowing just one man to CONTROL all the vital commodities of a country is detrimental to its economy and security! Please, if you have nothing smart to say other than showing your ignorance and being an ethnic jingoist, then SHUT your TRAP!

That publication is either willful or inadvertent ignorance personified.

1. The objective is to encourage investments in local refining capacity and not importation
2. Importation is a disincentive for investment in refineries. There have been many license holders for refinery for over 2 decades who did not even break ground talkless of buying a refining asset. Why would anybody with license consider refinery when he's making mad margins on importations and STEALING from subsidy?
3. The license for importation pegged as such is for cases of sudden increase in local demand beyond refining capacity or cases of deferment (e.g. when Refineries breaks down or are shut down for maintenance). There would have been some off-take commitments which are mostly birthed in long-term contracts. The provision for importation is this scenario is to cover these short-fall when they happen.
4. Dangote refinery is largely provisioned for export. Dangote's products will be bought in $$$. He's incentivised to sell abroad than at home, so importation license is of little use to him as it will rob him of margins
5. The ignorance of the reporter in Oil & Gas business shone through, importation license can never translate to "dominate" Oil & Gas business. Dominate where? Upstream? Midstream or Downstream?

Meanwhile I wonder what some of you lot want. In one breath you want local refineries to be fixed, in another you're complaining of Import license....

zombieHUNTER:
Abokkis want to bury this country...
Nepotistic dullards everywhere

While Southerners bicker over trival issues..

3% to host communities
30% for Abokki to seek oil in a barren basin

Well said but I am more concerned about why Cattle rearing which is practically a private business is now a national headache.

People still don't understand that 'Dangote' is a point man for vested interests.

What is the gain of the Southwest in project Nigeria.

DANGOTE HAS A VISION AND THAT IS TO BE THE WORLD'S RICHEST MAN AND THE FED GOVT IS PUSHING HIM UP THAT LADDER.

UnabashedIPOB:


It’s very easy to spot you guys.

Yes it's easy to spot US guys, but it's EASIER to spot a DUMB ASS. It's obvious you lack any reasoning ability. Just because you're a FULANI man negates the fact that allowing just one man to CONTROL all the vital commodities of a country is detrimental to its economy and security! Please, if you have nothing smart to say other than showing your ignorance and being an ethnic jingoist, then SHUT your TRAP!

Let me hear more from your hallucinating mind, I'm from the South, does that mean my ancestors are Fulani? It's really hilarious reading your ramblings. Anyone that doesn't agree with you is a Fulani, slave etc... More insults please.

Romanoff:
Shey southern lawmakers also contributed to making the bill happen.

They will tell you that the Northern vote surpasses their own...

weaklings!

PAWG:



Let me hear more from your hallucinating mind, I'm from the South, does that mean my ancestors are Fulani? It's really hilarious reading your ramblings. Anyone that doesn't agree with you is a Fulani, slave etc... More insults please.

I DO NOT give a DAMN where you come from. Whether you're from the south or not, all I am saying is that you lack the capacity to reason. Otherwise, how can any reasonable person NOT understand the implications of allowing ONE person to CONTROL all the essential commodities of a country. Inspite of all your morose talk, you have NOT been able to articulate why it's okay to allow one man to control the economy. All you seem to have issue with is the messenger and NOT actually the message. Get a grip, would you?