gallivant:


Tea and coffee is expensive, that's why they drink Milo and other concoctions. Unless they are paying in gold we will continue to sell our tea elsewhere.

rvp2018:
A billion dollars. That is value-added you get from refining fuel.

Fourpockets:

You're also forgetting the logistics behind importing

samorobo:


Where are the rest?

rvp2018:
Something tell me you're a Ugand or Tanzania type of market with very limited manufacturing.
Already you're ordering batteries.
Your manufacturing is where kenya was 30yrs or more ago

https://www.youtube.com/watch?v=MnZzjWMWISk

samorobo:


Look around,no one is interested in your tea.

Just40:
The data says otherwise
Ghana manufacturing sector is bigger than yours ... It was less focused on export 15 years but all of that has changed.

Manufactured goods export stands at 20% of Ghana 24 billion total export

Just40:
The data says otherwise
Ghana manufacturing sector is bigger than yours ... It was less focused on export 15 years but all of that has changed.

Manufactured goods export stands at 20% of Ghana 24 billion total export

rvp2018:
Unless you're going to increase oil production otherwise the export will fall by almost the same amount that import will fall; cost of refining is 3-5 dollars a barrel. That is what you'll save plus other petroleum products if Dangote goes into that.

In short dont get over-excited - the value chain from crude processing is not a game changer. If we use 5 dollars times 560K*360K days = you're talking about 1 billion dollars savings. That 1 billion dollars is what Dangote is targetting - maybe he will be making 500M dollars profit per year - and Nigeria will get jobs - not sure how many - maybe 1,000 people - majority will be Indians

But it sure will eliminate the national shame of being only OPEC country to also buy refined fuel.

gallivant:


I proved my point already.

rvp2018:
Always mad cow put the source

Just40:
Take er

https://www.ceicdata.com/en/ghana/exports/gh-exports--of-goods-exports-manufactures

I know you like to make empty noise but not everything is about noise... Crazy boy

samorobo:




Wipe your tears, dangote refinery is a fortune about to be unlocked.
For starters we are not competing for drilling allocated or limited national amount of raw crude for export but we are competing on the international space for sell refined oil with other big oil companies.

And yes it’s will provide 250,000 jobs for nigerians and not Indians. Stop saying stupid things to feel better about your self and your zoo. At this point you can’t even hide how envious abd pessimistic you are.

Once it completed it’s over for the Continent,you will be lucky to see our trails - we are zooming off with unimaginable speed. Pls stay scared. Thanks

rvp2018:
I am never hateful
First you are not meeting your OPEC quotas.
2ndly you will lose forex when some crude is diverted from export to Dangote.
Right now you're doing 1.3-1.5M bpd - if Dangote takes 650,000 - you will have to reduce export by half.

Now two scenarios
1) You increase oil production - meet OPEC and then have more for Dangote - then you will BENEFIT
2) You dont - you only benefit from value addition of refining crude - that about a billion dollars - which Dangote is keen to capture.

Prospect of increasing oil production are remote - you're dropping in year when oil is at 140 dollars per barrel - meaning you have big problems

rvp2018:

rvp2018:
A billion dollars. That is value-added you get from refining fuel.

Fourpockets:

You keep talking about us loosing Forex, while forgetting that we are loosing Forex already by importing refined oil

samorobo:


Go slow on the lies.
You are scared I get. I have old you this is huge. It’s $11nm not $1bn. You forgot to include the other 1.

samorobo:


Go slow on the lies.
You are scared I get. I have old you this is huge. It’s $11nm not $1bn. You forgot to include the other 1.

rvp2018:

14 percent of 11B in 2016 is what I see

GeneralDae:

And this is just the refinery oo. The petrochemicals is a 25 billion dollar per annum market as well. Nigeria can at least get more than 5 billion dollars from that. The fertiliser which is already in operation has given Dangote over 500 million dollars this year already.

theenchanter:
ode, u really believe u export more food than Nigeria?

GeneralDae:

Plus 12 billion dollars on subsidy that is always rising.

theenchanter:
What is there to prove? I treat mor0ns like mor0ns, no need to prove anything to mor0ns.

Kazikazi:
You are in the same levels with Ghana. Nothing you manufacture which can real make you shout like that. Your manufacturing industry is still in its infant stage. The only countries I believe can real make it in this game of industrialization is Tz,Egypt or Ethiopia.
kenya? No.
You have many issues which won't make u a manufacturing powerhouse.

Some of the things which your kenya and these other nations you busy argue with will struggle about are these..

Availability of cheap and reliable power
High labour costs
Lack of robust agriculture
High levels of government corruption

I can mention here tonnes and tonnes of reasons why u won't make it,but I chose those 4 big reasons why it will be hard for kenya and other African nations to enter into a real manufacturing business. Out of those 4 readons,kenya fails on all of them.Tz passes on almost all of them,so as Egypt and somehow Ethiopia. But the rest of you,bye bye,manufacturing have left you.Try something else.

GeneralDae:

With Egypt I can understand why you may feel so and I may even add Morocco.
But I fail to figure out why you included Ethiopia and Tanzania.

GeneralDae:

Plus 12 billion dollars on subsidy that is always rising.

obaaderemi:
Nigeria is already more industrialized than Tanzania and Kenya.

rvp2018:
How is fuel susbidy linked to this?

obaaderemi:
Nigeria is already more industrialized than Tanzania and Kenya.