Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,207,072 members, 7,997,756 topics. Date: Friday, 08 November 2024 at 04:28 PM

Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery (728 Views)

Emefiele: Dangote Group Clarifies EFCC's Visit To Head Office / EndSARS: "Secret Meeting" With Emefiele, Dangote Amplifies Confusion In Protests / Saudi Arabia To Build Refinery In Nigeria (2) (3) (4)

(1) (Go Down)

Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Biodun556(m): 4:15pm On May 22, 2023
https://www.facebook.com/176502461635/posts/pfbid0Yzxo4aeBvCxYJn6TfqahfzFRnmnWwkGexZ5hfY5TWp7gfGjSd3Y7bd53tjs5zB5V

Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, has said that the Dangote Group has paid back about 70 percent of the loans it took to construct its mega 650,000 bpd refinery in Lagos.

Emefiele disclosed this on Monday during the ceremony to commission the refinery.

Speaking at the event, Emefiele disclosed the amount that was paid for the refinery.

“The Dangote Group has paid down its total loans outstanding on this Refinery project from $ 9 billion to $ 2.7 billion today.

“This is a reflection of the credit worthiness of the Dangote Group,” Emefiele said.

Dangote refinery is described as Africa’s biggest refinery and among the six biggest in the world.

Don't miss out on the latest news from Nigeria and beyond! Follow us on Facebook and Twitter today

#Emefiele #Dangote #DangoteRefinery #Loan #Nigeria
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Biodun556(m): 4:16pm On May 22, 2023
cool some wicked people were saying Dangote could continue to finance the refinery

1 Like

Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by bennybuhari: 4:17pm On May 22, 2023
Audio loan

1 Like

Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Biodun556(m): 4:18pm On May 22, 2023
,
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Biodun556(m): 4:19pm On May 22, 2023
Biodun556:
cool some wicked people were saying Dangote could continue to finance the refinery
N
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by DatNiggaDaz: 4:20pm On May 22, 2023
It is a good thing paying back loans, but there was a news report that Dangote needs more loans to complete the refinery.

Dangote has paid 70% of the loans but still needs millions of Dollars in loan tö complete the refinery.

One day we will get to know what 70% Payback loans means

Ok

2 Likes

Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Pipefitter: 4:22pm On May 22, 2023
Quite impressive
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Natbrowny: 4:23pm On May 22, 2023
bennybuhari:
Audio loan

U r a true Nigerian. We no plenty.
grin grin grin grin

1 Like

Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by fuckJones(f): 4:28pm On May 22, 2023
emifile is an ipob, don't listen to him
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by citygarden(m): 4:45pm On May 22, 2023
The refinery was delay because of the loan. Suddenly he has paid 70% of the loan. Emefele!!!!!!

3 Likes

Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by DatNiggaDaz: 4:49pm On May 22, 2023
fuckJones:
emifile is an ipob, don't listen to him
The cream la cream of APC were there & they left an Ipob to talk all these while they listenend and clapped. One day na one day
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Hyperchi(m): 4:49pm On May 22, 2023
But the loan was not published to us. So fg can sponsor a private project. Hmmm
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by fuckJones(f): 4:50pm On May 22, 2023
DatNiggaDaz:
The cream la cream of APC were there & they left an Ipob to talk all these while they listenend and clapped. One day na one day
He follow the play book
Re: Emefiele: Dangote Paid Back 70% Of The Loan Used To Build Refinery by Mynd44: 4:51pm On May 22, 2023

(1)

Mr Tinubu Is Not The President Of Nigeria / Pictures of kano in 2023 T hisGlobe.com / How Former Zamfara Governor, Yari Spent Billions Of Naira On Senate Presidency B

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 12
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.