Truths9ja:
Abeg you better don’t believe in him and his analysis. The same dangote that is importing refined crude oil to Nigeria 🇳🇬. Abi which dangote. Dangote spaghetti is now #700 per one. So who’s the op deceiving?

Quintessence44:


The Dangote refinery is not about cheap fuel. We know what happens when you sell fuel below world market prices in Nigeria. It gets smuggled out for profits.

The Dangote refinery is about economic and industrial emancipation, job and income growth and development, whereby more and more people will be able to comfortably afford to buy fuel at international market prices.

lexylaw40kuti:
I once thought about it. And with the way salaries and wages and rent have increased already..now I wonder how rich working Nigerians will be once naira increases in value. Dangote refinery and Port-Harcourt refinery once they start producing will impact forex to our advantage. NAIRA have more value and will boost our purchasing power and that's a big deal

tsdarkside:


Dangote Spaghetti 500 g
₦225.00

https://www.supermart.ng/products/dangote-spaghetti-500-g

This product is out of stock.

MadamExcellency:
California Governor, Newson just signed into law a $20/hour minimum wage. Do you know what that means? A good nanny with a church and tender heart like me will work 10 hours a day and earn $200 per day translating to N200,000 per day, N6 million per month. I may even get free housing and utilities.

If you were to be someone like me, would you not japa and leave this lawless country?

Quintessence44:
If you are planning to JAPA, my advice as an economist and oil industry analyst is that you WAIT.

Give it at least a YEAR from today before making the final decision.

The Dangote refinery is a game-changer.

Nigeria becomes self-sufficient in refined petroleum products, and a net exporter of same, bar none in Africa.

That’s a huge deal.

A great many businesses will be established in the months and years ahead based on our self sufficiency in petroleum products.

Millions of new jobs will be created.

In fact one foreign report states that the establishment of the 20 billion dollar Dangote refinery in Lagos officially makes Nigeria an industrialised nation.

In addition, Nigeria will stop importing diesel, petroleum products, fertiliser and petrochemicals.

“That is saving over $26 billion in foreign exchange” per annum, according to official sources.

In addition to all this, the Dangote refinery will generate 12,000 megawatts of electricity.

You can imagine the impact this will have on the economy going forward.

To JAPA right when the nation is on the cusp of economic and industrial transformation is in my view, ill-advised.

Hence I urge a one-year moratorium on all JAPA - related activities.

Happy New Year all, and God bless Nigeria.

Quintessence44:
If you are planning to JAPA, my advice as an economist and oil industry analyst is that you WAIT.

Give it at least a YEAR from today before making the final decision.

The Dangote refinery is a game-changer.

Nigeria becomes self-sufficient in refined petroleum products, and a net exporter of same, bar none in Africa.

That’s a huge deal.

A great many businesses will be established in the months and years ahead based on our self sufficiency in petroleum products.

Millions of new jobs will be created.

In fact one foreign report states that the establishment of the 20 billion dollar Dangote refinery in Lagos officially makes Nigeria an industrialised nation.

In addition, Nigeria will stop importing diesel, petroleum products, fertiliser and petrochemicals.

“That is saving over $26 billion in foreign exchange” per annum, according to official sources.

In addition to all this, the Dangote refinery will generate 12,000 megawatts of electricity.

You can imagine the impact this will have on the economy going forward.

To JAPA right when the nation is on the cusp of economic and industrial transformation is in my view, ill-advised.

Hence I urge a one-year moratorium on all JAPA - related activities.

Happy New Year all, and God bless Nigeria.

Quintessence44:
If you are planning to JAPA, my advice as an economist and oil industry analyst is that you WAIT.

Give it at least a YEAR from today before making the final decision.

The Dangote refinery is a game-changer.

Nigeria becomes self-sufficient in refined petroleum products, and a net exporter of same, bar none in Africa.

That’s a huge deal.

A great many businesses will be established in the months and years ahead based on our self sufficiency in petroleum products.

Millions of new jobs will be created.

In fact one foreign report states that the establishment of the 20 billion dollar Dangote refinery in Lagos officially makes Nigeria an industrialised nation.

In addition, Nigeria will stop importing diesel, petroleum products, fertiliser and petrochemicals.

“That is saving over $26 billion in foreign exchange” per annum, according to official sources.

In addition to all this, the Dangote refinery will generate 12,000 megawatts of electricity.

You can imagine the impact this will have on the economy going forward.

To JAPA right when the nation is on the cusp of economic and industrial transformation is in my view, ill-advised.

Hence I urge a one-year moratorium on all JAPA - related activities.

Happy New Year all, and God bless Nigeria.

MadamExcellency:
California Governor, Newson just signed into law a $20/hour minimum wage. Do you know what that means? A good nanny with a church and tender heart like me will work 10 hours a day and earn $200 per day translating to N200,000 per day, N6 million per month. I may even get free housing and utilities.

If you were to be someone like me, would you not japa and leave this lawless country?

Quintessence44:


The Dangote refinery is not about cheap fuel. We know what happens when you sell fuel below world market prices in Nigeria. It gets smuggled out for profits.

The Dangote refinery is about economic and industrial emancipation, job and income growth and development, whereby more and more people will be able to comfortably afford to buy fuel at international market prices.

Quintessence44:
If you are planning to JAPA, my advice as an economist and oil industry analyst is that you WAIT.

Give it at least a YEAR from today before making the final decision.

The Dangote refinery is a game-changer.

Nigeria becomes self-sufficient in refined petroleum products, and a net exporter of same, bar none in Africa.

That’s a huge deal.

A great many businesses will be established in the months and years ahead based on our self sufficiency in petroleum products.

Millions of new jobs will be created.

In fact one foreign report states that the establishment of the 20 billion dollar Dangote refinery in Lagos officially makes Nigeria an industrialised nation.

In addition, Nigeria will stop importing diesel, petroleum products, fertiliser and petrochemicals.

“That is saving over $26 billion in foreign exchange” per annum, according to official sources.

In addition to all this, the Dangote refinery will generate 12,000 megawatts of electricity.

You can imagine the impact this will have on the economy going forward.

To JAPA right when the nation is on the cusp of economic and industrial transformation is in my view, ill-advised.

Hence I urge a one-year moratorium on all JAPA - related activities.

Happy New Year all, and God bless Nigeria.

phemray:


Very correct!!
Every graduate or non graduate can now deal in kerosene for homes as the prices will come down due to volume of production, export of product in small small quantities to cotonu, ghana, Togo, niger etc will be so sweet as no prohibition. and products coming out from ibeju lekki everyday is everywhere and every bus stop. In fact b4 subsidy removal and even till now, I remember how people use jerycan to move Petroleum to cotonu on hourly bases from seme with fear of being sized. Now it's gonna be legal and official. This one is not cement ooo, reasons for usage or consumption of both are quit different. Lol, Just imagine B4 3 consecutive years of dangote non stop production?? Infact, Something seriously positive must happened wahalai.

Quintessence44:


You bought your fuel at HALF world market prices. The price in Europe for a gallon of petrol is approximately $6, meaning that your 12 gallons cost $72 in the international market.

Dijita:
Chinese as industrialized as they are, still they Japa not to talk of Nigerian. You forgot that the corruption that is killing Nigeria economyis well and alive. I am not saying people should Japa but if you think Nigeria is going to become an industrialized nation just because of Dangote refinery you are deceiving yourself.

Opolopoopolonio:
True

Naira will appreciate and Japa people will have to slave harder to send something significant back home

Nairalander248:


What did you smoke this evening? Dangote will sell fuel at 800/liters.

lexylaw40kuti:
I've once thought about it. And with the way salaries and wages and rent have increased already..now I wonder how rich working Nigerians will be once naira increase in value. Dangote refinery and Port-Harcourt refinery once they start producing will impact forex to our advantage. NAIRA have more value will boost our purchasing power and that's a big deal

FreeStuffsNG:

Excellent!! The big elephant in the room is the fx drain and capital export to other countries as we fund petrol import receipts.

You forgot to remind the naysayers that FG through NNPC owns 20% of Dangote Refinery and the Port Harcourt refinery is expected to be fully up and running by Q1, 2024.

They have eyes but can't see because the land they cursed has withheld its fruits and blessings from them. They don't even understand the huge impact fertiliser sufficiency plays in food security. Now we talk about dry season farming and the era of fertiliser scam and scarcity has ended! We are even fertiliser exporter today!

Nigeria Stock exchange keeps breaking its own record back to back and may close tomorrow with ASI hitting an ath 75K!! Any person these blessings going around has not touched must examine the kind of life they live and beg the land for forgiveness. You curse the land, it curses you back! If the land curses you back, you will never be blessed by the land niyen.

God bless Nigeria for ever! Check my signature for free stuffs!

phemray:


Very correct!!
Every graduate or non graduate can now deal in kerosene for homes as the prices will come down due to volume of production, export of product in small small quantities to cotonu, ghana, Togo, niger etc will be so sweet as no prohibition. and products coming out from ibeju lekki everyday is everywhere and every bus stop. In fact b4 subsidy removal and even till now, I remember how people use jerycan to move Petroleum to cotonu on hourly bases from seme with fear of being sized. Now it's gonna be legal and official. This one is not cement ooo, reasons for usage or consumption of both are quit different. Lol, Just imagine B4 3 consecutive years of dangote non stop production?? Infact, Something seriously positive must happened wahalai.

Treadway:

Usmanovic95:


Dangote is the largest producer of cement in Africa but the cement is still expensive here. Why do you believe all of a sudden that his refinery will be the game changer?