Oloriburuku olè afõfungbèmu ni Sagay, sę.


Them suppose cane this saga clown.

Sagay is an economic illiterate. He thinks business is a charity. This a man who'd charge 1bn for a case where nothing is manufactured.

Does he think crude oil is free? This is a refinery that imports crude oil from overseas. Does he think he gets it free?

Last year May, 1 litre of crude oil sold for 47cents, which is around N705. How then do you want him to sell at N600. We haven't added refining cost to the bill.

His statement is incendiary and shoild be withdrawn.

My greatest fear is when entitled Nigerians unleash their anger on his refinery, sending the nation 10 years back.

It might be best he focuses more on export

nairavsdollars:
Prof. Itse Sagay (SAN), a renowned constitutional lawyer on Monday says the constitution allows the federal government to take over the Dangote Refinery and then sell the products at the prices Nigerians can afford.

Speaking in an exclusive chat with TheScrutinyNG on Monday, Sagay, former chairman of the Presidential Advisory Committee Against Corruption (PACAC) added that the FG can pay a compensation to the owner, Aliko Dangote and then returned the refinery back to him after the other local refineries have started production.

Dangote has been having a running battle with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the quality of petroleum products at his refinery, as the CEO, Farouk Ahmed, claimed that petroleum products from his refinery are substandard.

In his reaction, the business tycoon made an offer to sell the Dangote Refinery to the Nigerian National Petroleum Corporation Limited.

Speaking with our correspondent, Sagay said Dangote does not mean well for the suffering masses but only concerned about making maximum profits from the refinery.

“Honestly, we are going through a sort of emergency right now. Under section 305, the Nigerian government has power to take over the refinery and pay appropriate compensation to the owner”.

“The way I see Dangote and the way he operates, he is waiting to maximise the price. I also think the reason Dangote is not happy is because the price has not risen up to N1,000 per litre. He was waiting for that to happen but it is not happening”.

“They were still importing and keeping the price down to N600 per litre that is why Dangote is frustrated. It is not that he loves Nigerians and want to help us or anything. He wants the maximum price. That is the cause of this conflict between him and the federal government”.

“Of course, he also wants monopoly because if they don’t import now and there is no other local source of production, he will total monopoly and can dictate the price. That is really frightening”.

“We are in a state of emergency. The cost of living in Nigeria now is too high. Anything that can be done to bring down the cost of living will calm the mood of the people. The suffering is just too much”.

“So, it is within the powers of the federal government to take over the refinery. They can then sell at the price that Nigerians can afford and then pay him compensation. They can then hand it over back to him when other refineries in Nigeria, like the one in Port Harcourt, Warri and Kaduna have started producing. He can then continue as a private operator and sell at any price he deems fit”.



https://thescrutinyng.com/2024/07/22/constitution-empowers-fg-to-take-over-dangote-refinery-pay-him-compensation-sagay/

This man is definitely mad

seunmsg:
FG taking over the refinery will be very bad for the image of the country. It is definitely not the way forward. Dangote and FG must sit down and come to a reasonable agreement that will protect the interest of Nigerians and that of Dangote. I still believe they can still find a middle ground. That refinery is very critical to the economic outlook of Nigeria and it is in the interest of all concerned that they all work together.

Now that the minimum wage impasse has been resolved, Kadoso Mutairu aka seunmsg is back with vengeance.

Chinkoalhaji34:
E go make sense if FG fit take over and run am better. No be say make dem just dey watch while we dey import fuel like say na dem dey produce am. Time to leverage on our own resources, abeg!

so they I'll run it like Nigeria airways,nitel,nta,abuja stadium,

Chinkoalhaji34:
E go make sense if FG fit take over and run am better. No be say make dem just dey watch while we dey import fuel like say na dem dey produce am. Time to leverage on our own resources, abeg!

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The Oil refineries have already, how is going?

Chinkoalhaji34:
E go make sense if FG fit take over and run am better. No be say make dem just dey watch while we dey import fuel like say na dem dey produce am. Time to leverage on our own resources, abeg!

Exactly what is wrong with you people? If the goverykmows how to run refineries why are the ones in Warri, Port Harcourt and Kaduna moribund? So they should take over Dangote refinery and run it like the government owned ones? Na wa o!

CyrusVI:
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How does this even read to u?

Sagay isnt even Yoruba

That u only see things via the tribal lens tells us everything about u

You need a superior education at this point

He doesn't have to be Yoruba to be used by Yoruba.

We know ur games.

Una carry first for hypocrisy n pretense

Real shame on all our leaders especially Obasanjo

9japride:
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The Oil refineries have already, how is going?

SmartPolician:
When people who have never in their miserable lives run a successful business talk, you don't need anyone to tell you. Imagine the nonsense this supposed old man is saying.

Where was your constitution when Dangote was running up and down looking for where to get the money to build his refinery?

some people really need good beating rather than giving fg my refinery i will burn it,what happen to the one they have been budgeting money 4

“So, it is within the powers of the federal government to take over the refinery. They can then sell at the price that Nigerians can afford and then pay him compensation. They can then hand it over back to him when other refineries in Nigeria, like the one in Port Harcourt, Warri and Kaduna have started producing. He can then continue as a private operator and sell at any price he deems fit”.

Only a certified armed robber can come up with this.
The government couldn't build a functional refinery so they will take a private initiative by force even when Nigeria is not at war!
Some Nigerians are truly evil.

bennybuhari:
Real shame on all our leaders especially Obasanjo

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The worst part in all these is that after they have messed up the country, they retire as elder statesmen.
Attending social functions like heros. I feel majority of the people in our society are just very wicked.
When they get leadership positions, they use state institutions to perpetrate their wickedness on the masses.

Chinkoalhaji34:
E go make sense if FG fit take over and run am better. No be say make dem just dey watch while we dey import fuel like say na dem dey produce am. Time to leverage on our own resources, abeg!

Government will run Dangote Refinery the way they ran Port Harcourt Refinery successfully! Are you in a dream?

It dangote s antecedents from cement I believe there is element of truth in what satay is saying, dangote has always benefited from corrupt cabals like billions of dollars emiefele sold to him at cheap price, if he was some one that luvs Nigeria as he preach , he would have rejected the offer, dangote diesel might be better than the imported in term of low sulphur content because we know our system but leaving everything to dangote is a heavy risk.

Na wah! FG dey show interest in Dangote refinery like say na dem build am. Hope say dem go manage am well if e happen, no be to just collect and scatter like wetin we don see before.

Who told you he wants to sell it?

Ebigwei007:
So he built it, just to be sold to the government. Haa! Dangote really lost this