liveLongNprospa:


Lmaoo.. But this means you suddenly support Dangote for all the other things they accused him of.

As if it's not been confirmed he got fx at subsidised rate when the country was dying. 😁

User09:


Please and respectfully. Do not quote me with tosh again

raumdeuter:


Theflint1 just like I predicted and weekend never end sef. Yet we dey claim say guns are not a problem in Nigeria already and readily available to criminals

https://www.nairaland.com/8160235/gunmen-defy-curfew-kill-18

Gunmen suspected to be bandits invaded Mbacher community in Mbacher Council Ward, Katsina-Ala Local Government Area of Benue State on Friday night, killing 18 people.

Sources from the local government told our correspondent that the attack took place around 11:00 pm, despite the curfew imposed by the state government.

The bandits were said to have gathered the villagers under the pretense of addressing them before opening fire.

Recall that the Benue State Governor, Rev. Fr. Hyacinth Alia, had two weeks ago imposed a 6:00 pm to 6:00 am curfew in the Sankera axis following a violent protest in Ukum LGA. The Sankera axis, comprising Katsina-Ala, Ukum, and Logo, has been a hotspot for criminal activities in the state.

LordAdam16:


I distinctly recall the Dangote Group confirming the raid and calling it an "unwarranted embarrassment".
https://www.bloomberg.com/news/articles/2024-01-11/nigeria-s-business-community-unnerved-after-aliko-dangote-office-raid

I guess we're back to running the Buhari "not aware" narrative.

-Lord

User09:


The raid was purely performative as is usually the case with these government agencies.

What were they expecting to find?, A cash bag of dollars?

CBN/Emefiele was being investigated for significant amount of dollars they alloted to different companies; around 60 of them - which was given to them under a special window. They wrote to these companies to provide evidence of use of these funds as it was common knowledge that most of them were just roundtripping the FX.

Read the below. Like I said, I'll rather believe a PLC than a useless government agency

https://www.premiumtimesng.com/news/headlines/656777-dangote-speaks-on-efccs-raid-of-its-headquarters.html?tztc=1

liveLongNprospa:


Thank you for this confirmation.

User09:


The raid was purely performative as is usually the case with these government agencies.

What were they expecting to find?, A cash bag of dollars?

CBN/Emefiele was being investigated for significant amount of dollars they alloted to different companies; around 60 of them - which was given to them under a special window. They wrote to these companies to provide evidence of use of these funds as it was common knowledge that most of them were just roundtripping the FX.

Read the below. Like I said, I'll rather believe a PLC than a useless government agency

https://www.premiumtimesng.com/news/headlines/656777-dangote-speaks-on-efccs-raid-of-its-headquarters.html?tztc=1

LordAdam16:


I distinctly recall the Dangote Group confirming the raid and calling it an "unwarranted embarrassment".
https://www.bloomberg.com/news/articles/2024-01-11/nigeria-s-business-community-unnerved-after-aliko-dangote-office-raid

I guess we're back to running the Buhari "not aware" narrative.

-Lord

Theflint1:
Did he have any plans of investing in steel in the first place, or it's his attempt to give the government/witch hunters a bad name?

izzou:


I am also surprised Oasis is against Dangote.

Oasis dey ask why PMB commission refinery?

Something wey him praise for here?

LordAdam16:


I'm only pushing back against the idea that Tinubu is completely absolved from whatever is going on between his government and Dangote.
These guys have had it in for Dangote for over a decade. After Dangote and Otedola bought a refinery under OBJ, they got it reversed under Yar'Adua.
GEJ and Buhari kept the wolves at bay and gave him every support they could.
Then Tinubu enters, refinery is rolling out products, and now there are issues. But Tinubu has no hand...

I agree with Larride that this will be resolved.
But Dangote will sweat a little and Tinubu will drag his feet.

-Lord

LordAdam16:


I'm only pushing back against the idea that Tinubu is completely absolved from whatever is going on between his government and Dangote.
These guys have had it in for Dangote for over a decade. After Dangote and Otedola bought a refinery under OBJ, they got it reversed under Yar'Adua.
GEJ and Buhari kept the wolves at bay and gave him every support they could.
Then Tinubu enters, refinery is rolling out products, and now there are issues. But Tinubu has no hand...

I agree with Larride that this will be resolved.
But Dangote will sweat a little and Tinubu will drag his feet.

-Lord

izzou:
Funnily enough, nobody has stopped anybody from importing fuel or diesel.

So, why isn't it cheaper, since monopoly hasn't started?

larrideX:


I'm surprised he's supporting Dangote now.

Ellexy:
Folks are also surprised OasisX is suddenly denying Dangote that he vehemently supported. 🤷

OasisX:




Sad News............Dangote Refinery begins Operations. LOL!

larrideX:


Exchange rate. Normally fuel should be more expensive than it is currently. The government is currently paying subsidy whether they deny it or not.

I believe the sensible thing should've been looking for a way to get Dangote refinery to start producing fuel and redirect whatever subsidy they are paying to Dangote to make the price even crash down the more since Dangote won't include landing cost and all to his own price template.

Mele Kyari just dey give us new dates everytime for the start of PH refinery.

larrideX:


Agenda dey cancel Agenda.

Ellexy:

Sad News kee you there...

That guy?

Ellexy:
Folks are also surprised OasisX is suddenly denying Dangote that he vehemently supported. 🤷

Ellexy:

Sad News kee you there...

OasisX:


Sad News: 2,900 Tankers will be loading products per day at Dangote Refinery.

izzou:


That guy?

Ellexy:

Sheikh knew the inner workings of the Refinery

OasisX:




....Subsidy will return once Dangote Refinery begins production of pms. It'll be easier to track and maintain Subsidy with Dangote coz FG will be paying directly to him.

Ellexy:

Sad News kee you there...

OasisX:
....well Dangote has assured to make PMS available nex month, 12th or 13th of next month, that's all matter to me now.

Dangote case is more like the more you see the less you understand. Its simply a game. Cabals are fighting back definitely but Dangote ain't a saint either.

Why did he invite PMB to commission the Refinery when he knew its not even close to producing anything. Funny thing is; some of the folks defending him now, especially on this thread, once trusted David Hundeyin's jokes on the Refinery.

Thought the Refinery was a ruse to them?! Thought the Refinery ain't gonna be producing anything, rather Dangote will be using it mainly for importation then selling to Nigerians?! LOL!

OasisX:




.....honestly that's my hope with the sad news too. They start with Diesel and jet fuel. Hope its gonna bring down Diesel price to like ₦300 per litre. This will help manufacturing firms to increase their productivities and reduce their prices.

It will also help to reduce food inflation as well, cos cheap transportation of foodstuff means cheap price at marketplaces.

Domestic flight may reduce their fares too, if jet fuel price crashes.