nairalanda1:


Socialism works...but at the end, one reaches a point where you have to keep funding the government programes by either very high taxes, or by taking more loans, and printing more money...and either way, the second option lead to collapse. Option one leads to people grumbling about high taxes.

At the end it always collapses

Capitalism in the short run is extremely hard but in the long run drives development and growth of the economy

Socialism in the short run is enjoyable brings about a happy population but in the long run cripples the economy

Lanretoye:
if you are thinking refinery will reduce the price of fuel then im not sure you can have a family yet,and if you have already i hope you can stand to cater for them we ith this kind of reasoning.

Perfectly true.
A lot of Nigerians are like him.

If not for the greediness of past ogun state government, this refinery should be sited in ogun.

kenny714433:
Hoist the flag, we've sailed.
Ship ahoy!!

Captain...I wish to report a mutiny!
I can point names and name fingers 😎

Take these people serious at your own expense. I will only take this Dangote Refinery serious when I start to see measurable impact in terms of positive changes in the lives of Nigerians. They can do this showoff in the beginning only for the Refinery to downsize later, Nigerian government is capable of anything.

Richtaiwo:
I thought gas flaring has stopped. Why the flaring? Can't it be converted to a useful purpose? I understand gas flaring produces excessive carbon monoxide (CO) which destroys ozone layer leading to global warming.

It is not carbon monoxide that destroys the ozone. Go and update your knowledge bank. Infact, carbon monoxide constitute largely to environmental pollution(quality of air).Green house gases responsible for ozone depletion are chlorofluorocarbons as well as carbon dioxide(CO2). Climate change (excessive heat speeding up the evaporation and precipitation process, leading to excessive rain and flooding) are caused by green house gases. However, a poor drainage system and poor waste disposal can aid the severe impact of climate change.

Biodun556:




Them no they like good news

Are you this childish? You guys will imagine something then use it to throw shades at the person, when the person replies you will shout that you are being insulted. Your mental illness is glaring you need help.

unite4real:


This hatred is really deep. It can make one loose purpose and focus in life

Not hatred bro.. but improving corporate social responsibility

Franking:


You mean while we import fuel Dangote will export his?

His products of Diesel and kerosene will be above local consumption.

Biodun556:


If the price of fuel does not decrease then government budget and minimum wage will go up and all of us will adjust to the new pricing

Can you just look at the nonsense you just wrote?

Magnetic010:
If this Dangote refinery doesn't in any way reduce the price of petroleum products in the country then it is of no benefit to the common man....

According to people with shallow thinking and myopic POV!

justtoodark:


bring down price for you....??😂😂

well,if you are ready to pay more than those around you....

do you realy think if ghanaians pay more for dangote fuel you will get it cheaper in nigeria....

better you nigerians get used to payin international average price for fuel than dreamin....
dangote took hugh loans to build that refinery....na you will pay the loans back for him....??

Leave them. They can pay 7x for fake bottles of Azul but can't pay 6k for a bag of cement.

The makers of Azul only release about 100 bottles per year. Yet Nigerians consume about 2k-3k bottles monthly. Where they are getting their own Azul from beats my imagination

Really

How many days will it take

Biodun556:


The whole port Harcourt should have been cooked by now

People at Eleme will tell you how hot their place is once refinery is working. The fact that people are there is because that refinery has not been producing for sometime. Normally people should stay far from refineries.

Biodun556:


If the price of fuel does not decrease then government budget and minimum wage will go up and all of us will adjust to the new pricing

so what exactly is the benefit. This will only make inflation static, reduce the purchasing power of people and make the naira useless. Under full capacity, the price of fuel should be adjusted locally to #300 that's the meaningful thing to do.

ZKOSOSO:


Nope....
I am happy. Just the fact that Nigerians are going through a lot already. Dangote is a shroud capitalist who doesn't like Lagosians enough.
Otedola just gave 1 billion yesterday to Lagos security fund. Why would Dangote not give too ?
Last time he gave Jobs to Engineering graduates mainly from his core Northern people only. What of other Southern Engineering graduates who own the land and better qualified?
Across the country, Dangote trailers kill Southerners like rats every time with zero justice ⚖️ for the dead. He singlehandedly destroyed our roads with his heavy haulage of cements Across Southern regions.
Can an Igbo business man try all these and still remain standing?

Abeegi shift....let LASG complain themselves.

Who constructed Apapa-Oshodi express way

ZKOSOSO:

Port Harcourt is not Lagos. Lagos is a tiny state with about 35million inhabitants.

Lagos state govt should make him pay 7.5% gas flaring tax.. specially.

sp in one word, where do u want him to locate the refinery...Gabon??

pacespot:
Take these people serious at your own expense. I will only take this Dangote Refinery serious when I start to see measurable impact in terms of positive changes in the lives of Nigerians. They can do this showoff in the beginning only for the Refinery to downsize later, Nigerian government is capable of anything.

This is Dangote refinery not NNPC Refinery, wetin consign nigeria government with private company? 🤣🤣🤣

ZKOSOSO:


Nope....
I am happy. Just the fact that Nigerians are going through a lot already. Dangote is a shroud capitalist who doesn't like Lagosians enough.
Otedola just gave 1 billion yesterday to Lagos security fund. Why would Dangote not give too ?
Last time he gave Jobs to Engineering graduates mainly from his core Northern people only. What of other Southern Engineering graduates who own the land and better qualified?
Across the country, Dangote trailers kill Southerners like rats every time with zero justice ⚖️ for the dead. He singlehandedly destroyed our roads with his heavy haulage of cements Across Southern regions.
Can an Igbo business man try all these and still remain standing?

You should be asking why all the Southerners that got licence for refineries did not start them up. Like Oriental refinery, for example.

The answer is, subsidy made it unprofitable for them to do refineries. Only people who could do refinery under subsidy regime was Dangote, and that is because Dangote has the sources of income that would enable him to do collateral with the banks that lent him money.

When some of us say subsidy should go, it was partly because we wanted more people to be able to take loans to build more refineries...since now subsidy is gone, the potential for profit means that banks would lend them money easily. But most of you Nigerians no wan hear. Na cheap fuel we want.

And it isn't just Southerners, many Northern refineries...must it be only Dangote from the North? There are others, but because of subsidy, dem no wan do refinery too.

Sometimes, some 'harsh' decisions are for our benefit. But we said no, so here we are.

I'm even not surprised Dangote is favoruing his own people. Na his private business. Plus, if I was a Northern governor, I would be putting pressure on him to employ our people.If he was from the South, I would have expected the same thing. The problem is subsidy made fuel refining so unprofitable in this country that potential Southern refinery tycoons could not do business.

I don talk my own.

We heartily welcome Dangote Refinery to Nigeria growing business environment.

May your coming brings comfort and prosperity to millions of Nigerians.

I saw it too from the back of my house at epe

justtoodark:


guy,dont blame them....nigerians were brought up to believe in magic drums....😂😂

I feel for you. Why would Dangote buy feedstock at international price? That is the first problem, if he signed a supply agreement with NNPC to supply feedstock from their allotment for local production. Because that is where the issue lies.

SeeWahala:


Exactly. That's what I'm waiting to see.

What use is it to Nigerians if it won't reduce the cost of purchasing fuel at the pumps. These APCNig goons are just trying to latch unto anything to show a semblance of progress in their government of decay.

Even to the extent of hyping a man's private business Very sad.

What a very dumb post! With a weak mind like this i will be very surprised if you are employed.


The major benefit Nigeria stands to gain is reduced pressure on our nations FX.

Second, hundreds of thousands of people are going to be employed. That value chain will trickle down to hundreds of thousands people if not millions.

Third, FG cannot claim credit for this because it’s a privately built refinery.

Biodun556:




Them no they like good news

As if this na good news. No worry I go remind you

Let's pray it leads to price reduction in diesel that it's starting with

Nonybb:
Ndiara. This evil man Dangote would not still bring down the price of petroleum. If he can't bring down the price of Cement with his monopoly, is it the price of petroleum he would bring down?

The last time I checked, Dangote is a businessman not a charity organization. He will sell at a price that will benefit his interest.
What's stopping your government from resurrecting our dead refineries or build another one?

FarmPlanetNG:




They will call you igbo soon

What's wrong being called an Igbo?

It's a glorious ethnic name to millions across the world.

Please grow up.

Hotfreezing:


Okeshuku don dey cry

This is childish try and make sensible comments.

Franking:


You mean while we import fuel Dangote will export his?

Either way, it improves the balance of trade.
If we stop importing petroleum products, it will reduce the pressure on our currency and also reduce the value of our importation, thereby improving the balance of export against import. That's the point the person you quoted was trying to make.

Hotfreezing:


Hopefully, you guys will go back to your place and leave Lagos alone.

This is another senseless comment from you.