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Nairaland Forum / Nairaland / General / Business / Dangote Refinery To Import Crude Oil From The United States (28468 Views)
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Re: Dangote Refinery To Import Crude Oil From The United States by Akorede87(m): 8:42am On Jan 30 |
Why USA ..... No other countries.... Dollar high pass naira... Northernblood7: |
Re: Dangote Refinery To Import Crude Oil From The United States by justmi1: 8:42am On Jan 30 |
We all like to look at the negative side alone or let's say we are ignorant. Now dangote refinery is a private business and you don't expect it to depend on Nigeria alone for its crude oil; you need more than a source of raw material for production for various reasons. That doesn't mean he would be buying more of the crude from the USA; it could be for contingencies. And moreover this would make the federal government look more into increasing production of crude oil/ stop oil theft. We need to understand that government are run by people not only a person. Even if our favorite man was president, do you expect him to be everywhere; he has to delegate and hope his team delivers and if not, he tries other people which we have seen his resolve to do. And we all have a role to play 1 Like |
Re: Dangote Refinery To Import Crude Oil From The United States by DMerciful(m): 8:42am On Jan 30 |
Re: Dangote Refinery To Import Crude Oil From The United States by Dpharisee: 8:43am On Jan 30 |
alsudan: Ronuists have fled from this thread ![]() |
Re: Dangote Refinery To Import Crude Oil From The United States by Mansa6: 8:43am On Jan 30 |
IPDGP: I don't understand.. Shey you still own equity in Dangote to be talking? Is it your business ![]() |
Re: Dangote Refinery To Import Crude Oil From The United States by nairalanda1(m): 8:44am On Jan 30 |
A constant comment I see here is that 'Dangote is supposed to benefit NIgerians'...lol Here is a harsh truth. Businessmen and women and children are not into business to HELP YOU AND ME. They are in business to help themselves, their shareholders, themselves, and maybe their workers (and most of the time, they forget to help their workers , which is why we have unions). At the end of the day, Dangote is going to sell fuel at a profit. Sorry Nigerians, but expect fuel to be above N1000 per liter. The truth is, had we removed subsidy in 1993, or even 2011, which was our last chance really (but too many people were chanting cheap fuel, including our president...now Karma has come back to bite them)...we would have had 8 refineries , many more modular refineries, and maybe we would have had fuel for at least N300 per liter by now...and maybe we would be a major exporter of fuel If a business man or woman or child does not make a profit, things will collapse. Because profits have to be made to keep the refinery running well. GOvernment is not going to step in and give Dangote money (except in the form of a production subsidy which won't do much). Honestly, Nigerians, wake up. Socialisim works when you have the cash. One reason why I support subsidy removal is so that we earn so much money overall, we can afford to help the poor masses by raising enough revenue via taxation. (and we hopefully would have gotten rid of PDPAPC then, but I'm not holding my breath). 2 Likes |
Re: Dangote Refinery To Import Crude Oil From The United States by femi4: 8:45am On Jan 30 |
Solofresh2:Don't mind them, they think it's a national project 1 Like |
Re: Dangote Refinery To Import Crude Oil From The United States by cucumbar: 8:45am On Jan 30 |
Oghene86:Exactly…. Nigeria don’t have enough crude oil to supply to dangote because they have been sold in the future ![]() This people have finished this country. |
Re: Dangote Refinery To Import Crude Oil From The United States by anonymous1759(m): 8:46am On Jan 30 |
TimeManager: If there’s anything I want to do this year is to leave the wailing wailers alone , they prefer wailing than being logical , some of them prefer the country to be bad so they can wail . When dollar fell sometimes dec when everyone was expecting it to slide to 2k all my watsapp status was quiet . right now it’s lively because what they expected is coming to pass . |
Re: Dangote Refinery To Import Crude Oil From The United States by firearcher: 8:47am On Jan 30 |
NOETHNICITY: Everything often has two sides - the positive and the negative. Some chooses to focus only on the negatives because that's what's their heart desires and intentionally ignore the positives. So its not half education per se for some, it is just dishonesty and deliberate ignorance rooted in negativity. One shouldn't worry too much about such opinions as they always end up disappointed. They are the same people that never thought the refinery will ever take off in the first place. 1 Like |
Re: Dangote Refinery To Import Crude Oil From The United States by shonepa(m): 8:47am On Jan 30 |
Calling people slowpoke its unfair. Na same thing these goverment funded media dey put for people head. Why no media in Nigeria clear us say Dangote only owns 30% of the refinery? Na oyibo get the 70% which means dey dictate how the company will work. And we all know its all about profit. Dem no send our papa Media seff dey play a huge role in these hard times. Northernblood7: |
Re: Dangote Refinery To Import Crude Oil From The United States by Blazadenise(m): 8:47am On Jan 30 |
Nothing anyone won tell me that dangote refinery isn't another money laundry scheme setup Nigeria government's, i won't be surprised in the next 2/3 decade you would be seeing our today politicians dragging shares in this dangote refinery. |
Re: Dangote Refinery To Import Crude Oil From The United States by Agboriotejoye(m): 8:48am On Jan 30 |
TimeManager:I thought Dangote has started production already. 650k per day means around 18m per month. At current production, that's ten days worth of production of Nigerian crude. I hope you understand. |
Re: Dangote Refinery To Import Crude Oil From The United States by ubox: 8:49am On Jan 30 |
Northernblood7:Won't he sell the finished product outside too and get dollars? |
Re: Dangote Refinery To Import Crude Oil From The United States by phyllumtopilla: 8:49am On Jan 30 |
Solofresh2: Meanwhile he should be working for your pocket......haven't we mortgaged our crude or should he then wait for 10 to 15 years when he will have access to Nigerian crude? |
Re: Dangote Refinery To Import Crude Oil From The United States by koyeni(m): 8:50am On Jan 30 |
As at the last thread abt dangote refinery. People were still jubilating and saying all manner of things. It makes me wonder if it's not the same guy we've always known. Joke of a country |
Re: Dangote Refinery To Import Crude Oil From The United States by Mansa6: 8:50am On Jan 30 |
YourMrBoo: Dangote Group has a subsisting credit line with JP Morgan to the tune of 50Billion dollars since 2013..intact till tomorrow... He doesn't need your "few" dollars that isn't even yours in the first place.. Be informed! 1 Like |
Re: Dangote Refinery To Import Crude Oil From The United States by NOETHNICITY(m): 8:50am On Jan 30 |
firearcher:Hummmm This is deep I think you are right 1 Like |
Re: Dangote Refinery To Import Crude Oil From The United States by APOSTLECHUMA: 8:50am On Jan 30 |
Reason for this Judas Iscariot to sell petrol 2000 and tell us that he isn't selling Nigerian fuel. |
Re: Dangote Refinery To Import Crude Oil From The United States by lexy2014: 8:52am On Jan 30 |
Paraman: guyman never begin produce, you are talking of exporting. has he exported any product to you? |
Re: Dangote Refinery To Import Crude Oil From The United States by Agboriotejoye(m): 8:52am On Jan 30 |
Originalsly:That's actually an angle |
Re: Dangote Refinery To Import Crude Oil From The United States by lexy2014: 8:53am On Jan 30 |
TimeManager: then wettin una de celebrate since about dangote refinery? |
Re: Dangote Refinery To Import Crude Oil From The United States by NOETHNICITY(m): 8:53am On Jan 30 |
The comments on thread reveal one thing, the inherent hate for Dangote by a particular people from a particular region. The hate is real. It’s so bad that they don’t want Nigeria to succeed |
Re: Dangote Refinery To Import Crude Oil From The United States by Bankowner: 8:53am On Jan 30 |
This is just a ploy to continue to keep fuel prices at the prices they are or even increase. How can you be importing from a country that imports from your own country? What kind of juju is that? 1 Like |
Re: Dangote Refinery To Import Crude Oil From The United States by lexy2014: 8:53am On Jan 30 |
kokoA: what then is all the hype about the refinery? |
Re: Dangote Refinery To Import Crude Oil From The United States by Afonja007: 8:54am On Jan 30 |
Topman7:private business nnpc invested billions of dollars of nigerian money into ?there is no excuse APC and agbadorians will not give |
Re: Dangote Refinery To Import Crude Oil From The United States by Afonja007: 8:55am On Jan 30 |
kokoA:but afbodorians were calling game changer before´,the billions of dollars nnpc invested there nko? |
Re: Dangote Refinery To Import Crude Oil From The United States by Mansa6: 8:56am On Jan 30 |
DMerciful: You own 20% of a company and that gives you the right to tell the person with 80% how to run the company?You are delusional! |
Re: Dangote Refinery To Import Crude Oil From The United States by ogbonti: 8:56am On Jan 30 |
Mansa6: make your point and stop ridiculing your little brains on public space - Nigeria like every country on earth has laws forbidding monopolistic take overs in every business sector - THAT NIGERIA IS NOT ENFORCE IT AGAINST DANGOTE DOES NOT MEAN IT DOESNT EXIST |
Re: Dangote Refinery To Import Crude Oil From The United States by Bankowner: 8:57am On Jan 30 |
This is not hate bro! it is common sense. I buy bread from you in Lagos, I take it to Aba. Someone from Lagos comes to Aba to buy the same bread and takes it back to Lagos with no value added. Does it make sense? NOETHNICITY: |
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