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Politics / Re: They Have Rename Nigeria 'Federal Republic Of Rice' - Deji Adeyanju (Video) by MaiDeribe: 10:42am On Sep 19
T-Pain sharing rice in a paddy paddy government.

13 Likes

Business / Re: Naira Depreciates To N1,645/$ In Parallel Market by MaiDeribe: 10:30am On Sep 19
Balablue aka T-Pain on the beat.

25 Likes 4 Shares

Politics / Re: Things Getting Better Under Tinubu, Protest Will Harm Economy – Tompolo by MaiDeribe: 11:51am On Jul 29
Tompolo come out from inside the creek.

Come outside and show your face.

3 Likes

Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 11:34am On Jul 29
Lamasta:


You are just sounding pained asive Dangote is the source of your unhappiness.....
You better and do something positive for yourself like Dangote and stop the open hypocrisy and jealousy of yours

Money worshipper, some of us dont need a dime from Dangote.
He is so poor, all he has is money.
Politics / Re: Dangote’s Empire: Looming Oil Mafia Showdown! by MaiDeribe: 11:04am On Jul 22
Thegamingorca:




He must succeed so that this nation will move forward from it's poor economic status. We must move from consumption to production. It's high time Nigerians join the fight and support Dangote. It's the only conceivable way foreign investors will come to Nigeria

I am glad you said foriegn investors not foreign monopolistic exploiters, because there is a difference. Which i am assuming you know.
Politics / Re: In A Saner Clime Tinubu Would Have Long Resigned by MaiDeribe: 10:44am On Jul 22
You mean in saner climes like USA ?

Why didnt Biden resign ?

2 Likes 1 Share

Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 9:37am On Jul 22
gare:


The refineries in this countries do you know how much they buy their crude? I believe if the freighting fee is out and he gets his crude at the normal open prices then his by products will be cheap for us to buy

Dangote is a business man, any concession he gets will go to his profit margin.
He is not running a charity.
When he says he paid 100 million USD for land. You think he is joking ?

1 Like

Politics / Re: Nigeria’s Dangote Refinery Looks To Libya & Angola For Oil Supply by MaiDeribe: 9:05am On Jul 22
Edygrin:
When the CBN was selling dollar to Dangote at NGN200 per $1 and other businesses were forced to buy at NGN800, we didn't see Dangote complaining, when the previous government and some northern elite fought with BUA not to reduce cement price so that Dangote can keep selling at outrageous prices, Dangote didn't complain. Just a year after the same man he supported came to power and checked his monopoly he's all over the news and social media complaining.

When he paid the Lagos state government $100m for the refinery land, he didn't inform the public that he bought it for that price, they were even fighting with the land owners to pay a meager sum of $4m. Now they've fallen out he's now looking for sympathy.

Dangote is no different from these politicians.

I wont be surprised if he was planning to get cheaper crude or even free crude by cozying up with the current administration. He has gone abroad to buy crude oil and they have charged him real dollars, not CBN subsidized, he has paid shipping fees to international oil tankers. After seeing all the money he paid. He has comeback to his senses and is trying to garner public sympathy so that they give him access to Nigerian crude !!

2 Likes

Politics / Re: Dangotr Paid 100 Million USD For His Site by MaiDeribe: 8:59am On Jul 22
They have been lying to Nigeria for over 3 decades.

Once in a while, when they fight the truth comes out.

1 Like 1 Share

Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 8:58am On Jul 22
gare:


He is not asking for free crude, he is asking for the same price sold in the international market, the IOC are asking for $5 extra, Nigerians should rally round him to ensure he gets the crude at the same price sold in the open market, because if he has to import and get crude which he is presently doing would increase the price of PMS and other products. He is not crying but Nigeria is only showing to the world that business can't be done well in Nigeria if we can't treat our own like this

He is asking for an advantage, which sounds a little entitled. If he buys crude in USA or Brazil he has to pay tankers shipping fees to Nigeria, He has to import charges at the port authority, he has to pay taxes to the government. So a little $5 Extra is still a good deal if sourced locally.

If i buy a goat in katsina for 30k naira and ship it to lagos to sell it. If i meet someone in Lagos raising goats. If he tells you to pay 35k naira to buy the goats in Lagos. You cant be complaining that you buy it in Katsina for 30k naira......He has to add something, its business. If you do not want to buy, travel all the way to katsina by yourself to purchase it yourself.

1 Like

Politics / Re: Hardship: Protest Is Against Islamic Religion – Cleric Tells Katsina Youths by MaiDeribe: 7:54am On Jul 22
Monetized Sheikh.











Dollarized Sheikh.

8 Likes

Politics / Re: Nairalanders, Let's Pull Resources Together And Buy Dangote Refinery by MaiDeribe: 7:37am On Jul 22
If they do it like that, the money launderers will bring out money from under their beds and just pay.
Monies that no one knows the origin.

Better still, they should allow every civil servant to be able to buy with 10-20% of their yearly salary.
That way everyone has equity in it. Dangote can still keep the controlling stake, i am not advocating depriving him of his sweat and hardwork.
People from the ALL geopolitical zones can purchase with earned income. Money has to be from salary !! Not money without source.

This will give Nigerians a sense of ownership. Its really not fair for 1-3 people to own everything in a country of 300 million.
They are not businessmen they are just Monopolist Oligarchs.

2 Likes

Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 7:29am On Jul 22
leokid866:
Oga we enjoy the cheapest cement prices in West Africa.....the raw materials used in his other factories across Africa all come from Nigeria....Ghana that is just close by pays from 500 to 700 naira more for cement not to talk of others.....and of course Dangote is in it for himself.....if I put 20Billion $ on the table of course I'm going to want certain protections.....if it were you would you open your eyes down and watch any Tom dice and Harry be importing substandard goods to be competing with you?

Its sold cheaper in Ethiopia and Kenya.
Politics / Re: Dangote’s Empire: Looming Oil Mafia Showdown! by MaiDeribe: 7:22am On Jul 22
Thegamingorca:



The monopoly he has on sugar and cement did it stop bua cement, ashaka cement from rising up grin


Dangote will definitely succeed continue wasting your saliva.

You and who owns oil? Better go and eat breakfast grin

LOL, you are underrating our collective wisdom. We pray for Dangote to succeed but not at the expense of 300 million Nigerians.
Our collective resources will no longer be fodder for Dangote's Pockets.
Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 7:18am On Jul 22
leokid866:
Oga your thinking still makes no economic sense why are you selling your crude in the open market when you haven't secured local supply? It's like been a chicken farmer and asking your wife to bid for the chicken you will eat at home along side you other customers....and who told you Dangote is the only refinery we have in Nigeria? There are others of varying degrees from 45k bpd to 100k or more.....Dangote would only help increase supply.....and he can make other products the other refineries we have cant.....

Dont be fooled, Dangote is in for himself only.

By your analogy we should be enjoying the best cement prices in Africa......No
There are other African countries where Dangote cement is cheaper than Nigeria !!
Although all the limestone and land and import waivers and tax concessions are given to him free in Nigeria.
We are not about to start that in the Oil and Gas Sector.
Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 6:58am On Jul 22
leokid866:
you have no choice.....it makes no sense to deprive of him crude.....you will just be shooting yourself in the foot economically.....cause if you sell your crude outside you will still have to import it after it's refined.....it's 2024 bruv no one has time for that.....drop your hate I beg.....

No hate here my friend, not an iota.
If we sell crude to open market, we get money to pay all the salaries and execute projects in Nigeria.
If we sell to Dangote directly without checks and balances. We are going to be using that One refinery to finance Nigeria's economy all controlled by one man. Thats a huge security risk in any country in the world.
He should at least run the refinery independent of the government for 6months to 1 year. Buy your crude from anywhere, sell your diesel and petrol to anyone.
Ask yourself ? Why is he hell bent on Nigerian crude and Nigerian petrol market ?
Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 6:41am On Jul 22
kokoA:
Wetin your Papa been dey do when Dangote dey hustle?

I am very very comfortable financially.
I do not need a dime from anyone.
But i speak the truth without fear or favor.
I am just a Nigerian tired of seeing 300 million people being taken advantage of in different guises.

1 Like

Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 6:37am On Jul 22
gare:


Did he stop you from fixing your refineries? Government should go and ensure they complete the government refineries and stop being stupid

Why is he being a cry baby.
He has a refinery. Let him buy crude in the open market, we are not giving him access to Nigerian crude. That Nigerian crude belongs to 300 million Nigerians.
He can source his crude and if he comes to the market with good price diesel and petrol, we will buy from him. If not he is free to sell to the highest bidder.
As a country of 300 million one man cannot be taking limestone to make cement and now wants access to crude oil easy peezy.
Politics / Re: Dangote’s Empire: Looming Oil Mafia Showdown! by MaiDeribe: 6:28am On Jul 22
SmartPolician:


Dangote plans to start an IPO for the refinery so he can raise more funds, but I don't know the percentage he is willing to part with. I guess that's what you mean by Nigerians owning 50%. yes However, he shouldn't sell that refinery to the Nigerian government because NNPC will run it down like they always do.

Tinubu and co don't even understand what's at stake at this time. Dangote borrowed billions of dollars from several banks from CBN dollars through Emefiele to set up that refinery. Your money and my money were used to build that refinery. If that project fails, our economy is in trouble because banks will go down. If banks start running out of business, we are in trouble. So, that project must be protected at all costs. Nothing stops him from running his business completley independent of Nigerian governement. Indonesia has an economy dependent on its refinery, 100% crude is imported and diesel and PMS is exported.

To get that refinery enough products, Tinubu has to encourage local oil companies like Seplat that are willing to invest in E&P to do so. Support them to produce crude oil; he can help them to source loans from international lending institutions like the World Bank. That's the only way we can meet our OPEC quota, sell enough products to international buyers get USD and to refund AfreximBank loan and supply to Dangote and other modular refineries. If Dangote is the real business man that he claims, why cant he go to seplat and the other E&P companies to negotiate by himself. Why does Tinubu needs to get involved. Thats what everyone is saying he is using governement leverage to profit himself and pretending to be an independent business man.

Yes, the upstream industry is soo capital intensive that only foreign companies are running it in Nigeria and they are divesting now while others are leaving Nigeria because of their bad experiences in the Niger Delta region (insecurity and oil theft). No organisation can operate in a place where they feel insecure and their products are being stolen. Why they could not easily up and leave was that they are institutional investors, but they are doing that now. That's why we don't even meet our OPEC quota....very embarrassing. If they combine the black market crude and the official volume reported, we definitely exceed the OPEC quota. Thats why everyone wants full transparency in the crude oil exportation.

TBVH, Nigeria is in a big mess. When we tell people that leadership is hard and that you need to bring bright minds to run this country, they think we are joking.



I like your open mindedness, but our need for investors should not allow us be taken advantage of.
Politics / Re: Dangote’s Empire: Looming Oil Mafia Showdown! by MaiDeribe: 6:19am On Jul 22
Thegamingorca:



Sharap. If you think it's easy why can't you build your own refinery? Did anybody stop any other competitor from making their own refinery?

We need investors not monopolist exploiters.
Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 6:13am On Jul 22
Kobojunkiee:
That is a lie! Dangote made the claim back in April. Since, then the price of diesel has risen, has it not? Diesel is sold at approximately Naira 1000- Naira 1200 today and much of it is supposedly subsidized by the government. So where is the crash?!undecided

https://derollsynergy.com/diesel-prices-today/

Dont mind them ! Like he crashed price of cement.
Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 6:12am On Jul 22
Thegamingorca:



Dangote said he will crash prices of diesel, which is already happening.

For PMS he will sell at a competive rate to make gross profit. grin when he has cashed out it will get to a point that gradually when he sources crude from the motherland, he will even crash the prices further. grin

LIKE HE CRASHED THE PRICE OF CEMENT........LOL

5 Likes 1 Share

Politics / Re: Tinubu Vendetta Against Dangote by MaiDeribe: 6:11am On Jul 22
EcoNews:
Senseless take from a dull head.
Why can't you or your father take the initiative Dangote too to enjoy the reward he enjoys ?

You are too dull to even comprehend n would rather be OK hating on an innocent man.


Thank you. We are taking our country back.
We are also taking back our resources.
This country belongs to all of us.
Whether you knkow it or not the Oil and Gas sector funds people salaries vis a vis crude oil sales etc
We cannot hand over all the Oil and Gas sector to a serial monopolist.
Even if the senate and house of reps pretend they dont know what Dangote is doing we the citizens will stand up against him.
Nigeria crude oil and Limestone belongs to me and you in the same way it belongs to dangote. He cannot corner all of it and pretend like he is doing business.

Business for who ? For his own pocket ?

2 Likes

Politics / Re: Is Dangote Refinery Going To Be Largest Hide & Seek Place In The World??? by MaiDeribe: 6:05am On Jul 22
EcoNews:
Obidient Ipob have started vilifying Dangote again, tomorrow if you remind them of this act they will say you are tribalistic.

Which country will have a refinery like Dangote n not provide it with all that is required to ensure it success ?!

Okay, you have built the refinery without the government as claimed.
Source crude and come to the market with Petrol and Diesel.
Why is he crying to the government ?
He can buy crude anywhere and sell petrol all over the world.
What exactly is the bone of contention here ?

Tears of an Oligarch

1 Like

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