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Who Really Owns Dangote Refinery? - Politics - Nairaland

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Who Really Owns Dangote Refinery? by AnonPoet: 9:41am On Aug 30
There has been a long battle between the Dangote Refinery and the NNPC. [/b]This has raised [b]concerns about the viability of the Dangote Refinery in providing petroleum products for Nigerians.

In the past few weeks, analysts have raised questions as to why dangote Refinery hasn't started producing petroleum products.

Does dangote Refinery have a signed contract with the NNPC? Why is there so much delay in producing petroleum products?

Does the NNPC stil have a stake in the dangote Refinery? When are we really going to start enjoying the benefit of this Refinery?

These are questions looking for answers on the lips of many Nigerians.

7 Likes

Re: Who Really Owns Dangote Refinery? by Salewa97: 9:45am On Aug 30
The Dangote refinery is not yet on our lips. Let it start producing and we go swallow those questions.

Na when you dey hungry person go dey ask questions about food

103 Likes 1 Share

Re: Who Really Owns Dangote Refinery? by Millimann: 9:53am On Aug 30
Before now, when there was no refinery, they said petrol price should go up because there was no refinery to refine the crude here and we should import petrol.

Now, there is refinery but the same people say there is no crude to refine at the new refinery. So the price of petrol would go higher because we have to import crude to refine.

Stuupiid set of people!

102 Likes 11 Shares

Re: Who Really Owns Dangote Refinery? by englishmart(m): 9:54am On Aug 30
Dangote is fronting for Elon Musk

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Re: Who Really Owns Dangote Refinery? by Fireboy02: 9:54am On Aug 30
U should have asked why d past administration invested heavily on dangote refinery instead of our local refinery..

Let me wait for d elders to comment first

31 Likes

Re: Who Really Owns Dangote Refinery? by Badgers14: 9:55am On Aug 30
grin
Re: Who Really Owns Dangote Refinery? by TriCee: 9:56am On Aug 30
Na my papa own am.

But these guys are really dragging Dangote by the balls. The only investment that's still sweating him up.

I hope he starts production soonest so he can retain investors' trust.

3 Likes 1 Share

Re: Who Really Owns Dangote Refinery? by Iseoluwani: 9:58am On Aug 30
Nigeria for sale

see let me be honest with you, alot of people are happy with dangote misfortune, this guy is one hell of a capitalist that drove nigeria economy to the blink, BUA wanted to sell cement #3500, this guy literally frustrated his effort, u are using nigeria limestone, to make cement yet we cant feel ur impact, unfortunately we consume almost all ur products, instead of u to be a succour, he is the bea*t. Look at bovas, #670 , she is trying her best to support us a way and we are grateful.

dont be shocked that when this guy starts selling fuel, it will be more worse than this, something he cant try in Ghana.


meanwhile na my papa own dangote cheesy grin grin

14 Likes 3 Shares

Re: Who Really Owns Dangote Refinery? by 11Monkeys: 9:59am On Aug 30
This is Nigeria where anything can happen.

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Re: Who Really Owns Dangote Refinery? by oluseyiforjesus(m): 9:59am On Aug 30
Op
Re: Who Really Owns Dangote Refinery? by Hemanwel(m): 10:04am On Aug 30
OP, you sef wetin you call the refinery? Truth is that, the forces who have ensured that our local refineries never worked are still the same people who are trying to frustrate Dangote refinery

5 Likes 1 Share

Re: Who Really Owns Dangote Refinery? by opalu: 10:04am On Aug 30
Ok
Re: Who Really Owns Dangote Refinery? by Thegoodone13(m): 10:05am On Aug 30
If you know the answer to your question, tell us.
Re: Who Really Owns Dangote Refinery? by Igwekalor(m): 10:06am On Aug 30
Dangote owns it's refinery just as he owns other businesses in and outside Nigeria.
The problem with Nnpc is the chain of cabals that benefits from subsidy. They have vowed to frustrate it from working.
Fuel importation is the highest scam in this nation.

18 Likes 1 Share

Re: Who Really Owns Dangote Refinery? by SmartyPants(m): 10:08am On Aug 30
This is a ridiculous thread. Has there ever been any question of who owns the refinery? No serious person can question this when they can easily go to the CA portal and find out.
Re: Who Really Owns Dangote Refinery? by aguluobi: 10:09am On Aug 30
This thread is created out of mischief n outrageous foolishness.

As anyone ever claimed ownership aside Dangote ? The insignificant share allocated to the NNPC they couldn't even pay for it.


AnonPoet:

4 Likes

Re: Who Really Owns Dangote Refinery? by Mandate1: 10:11am On Aug 30
Nigeria matter?

If you ask me, na who I go ask?

The matter wey you see so, ẹ heavy for mouth.... In Omawumi's words

1 Like

Re: Who Really Owns Dangote Refinery? by Anither563: 10:11am On Aug 30
The questions are valid but the answers are not in the public space yet.

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Re: Who Really Owns Dangote Refinery? by Mckraz01: 10:12am On Aug 30
AnonPoet:



This question looks as if you're in support of monopoly

Hungry never catch you

1 Like 1 Share

Re: Who Really Owns Dangote Refinery? by Mvnster: 10:18am On Aug 30
Iseoluwani:
Nigeria for sale

see let me be honest with you, alot of people are happy with dangote misfortune, this guy is one hell of a capitalist that drove nigeria economy to the blink, BUA wanted to sell cement #3500, this guy literally frustrated his effort, u are using nigeria limestone, to make cement yet we cant feel ur impact, unfortunately we consume almost all ur products, instead of u to be a succour, he is the bea*t. Look at bovas, #670 , she is trying her best to support us a way and we are grateful.

dont be shocked that when this guy starts selling fuel, it will be more worse than this, something he cant try in Ghana.


meanwhile na my papa own dangote cheesy grin grin
Some have said dangote wont supply fuel till it gets to 1500 per litre. Its a cabal vs cabal something.

3 Likes

Re: Who Really Owns Dangote Refinery? by Ojuntana: 10:23am On Aug 30
Me

Why you dey ask
Re: Who Really Owns Dangote Refinery? by Dee60: 10:30am On Aug 30
Mvnster:

Some have said dangote wont supply fuel till it gets to 1500 per litre. Its a cabal vs cabal something.

Do you expect him to sell PMS at subsidized prices to Nigeria? PMS per litre sells in the international market at about USD0.90. That is already at N1500. So what do you expect? We put ourselves in the box when we devalued our currency, and that is now affecting every price. Bring the dollar rate to 750 and PMS price will come to about N700 per litre without subsidy.

3 Likes

Re: Who Really Owns Dangote Refinery? by Dee60: 10:31am On Aug 30
Dee60:


You cant eat your cake and have it! Do you expect him to sell PMS at subsidized prices to Nigeria? PMS per litre sells in the international market at about USD0.90. That is already at N1500. So what do you expect? We put ourselves in the box when we devalued our currency, and that is now affecting every price. Bring the dollar rate to 750 and PMS price will come to about N700 per litre without subsidy.
Re: Who Really Owns Dangote Refinery? by bdon123(m): 10:34am On Aug 30
Agreement was for nnpc to hav 22% stake bt nnpc has refused to honour initial agreement n currently owns abt 9% only.
NNPC as d sole importer of petrol in naija obviously dont want us to be self sufficient in petrol production.they want to keep importing so they can be having regular cut frm poor quality imports

2 Likes

Re: Who Really Owns Dangote Refinery? by Antoeni(m): 10:38am On Aug 30
One of the people God used as savior for Nigerian is Dangote.... just imagine how many people will be jobless if we dont have dangote

1 Like

Re: Who Really Owns Dangote Refinery? by trutharena: 10:39am On Aug 30
All the questions will be answered in due time.
Re: Who Really Owns Dangote Refinery? by Antoeni(m): 10:39am On Aug 30
Every Corrupt Dubious Fraudulent Politician in Nigeria is a Stack holder of the Refinery

1 Like

Re: Who Really Owns Dangote Refinery? by Basicend: 10:41am On Aug 30
bdon123:
Agreement was for nnpc to hav 22% stake bt nnpc has refused to honour initial agreement n currently owns abt 9% only.
NNPC as d sole importer of petrol in naija obviously dont want us to be self sufficient in petrol production.they want to keep importing so they can be having regular cut frm poor quality imports

God bless you.

But there have been several similar topics on this matter recently on naiaraland, highlighting your points, I don't know why the OP and the mod are putting it up for us again.

2 Likes

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