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Nairaland Forum / Nairaland / General / Business / Dangote Increases Capacity Of New Refinery Adding Another $2bn (11824 Views)
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Dangote Increases Capacity Of New Refinery Adding Another $2bn by ducii: 9:45am On Dec 17, 2014 |
Aliko Dangote, Africa’s richest businessman, is increasing the size of his investment in an oil refinery, petrochemical and fertiliser plant in Nigeria by more than a fifth to $11 billion despite a looming slowdown in Africa’s biggest economy, reports FT. http://businessdayonline.com/2014/12/dangote-adds-another-2bn-into-proposed-refinery/#.VJFBT9LF8wJ 5 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by CuppyCakie: 11:38am On Dec 17, 2014 |
OK..good news baba aliko |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Williamso(m): 11:38am On Dec 17, 2014 |
God bless Dangote!!! One businessman I truly admire... I'm still of the opinion that if we refine our oil, govt won't be forced to sell at international prices to local refineries thus evading a (severe) crisis in the event of a crash in oil prices (now?) and with ~400k bpd processing capability, we may even start exporting refined products. All these despite the thousands of jobs the refinery will create. P.S.: I'm not an economist... 7 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by vicoloni(m): 11:38am On Dec 17, 2014 |
Ose |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Nobody: 11:40am On Dec 17, 2014 |
Dangote for president 2015 2 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by kingopta(m): 11:40am On Dec 17, 2014 |
God will strengthen you more...Keep up the good work 3 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Nobody: 11:40am On Dec 17, 2014 |
Improvement |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by ipledge01: 11:40am On Dec 17, 2014 |
Good one Dangote I can't imagine how many Oil crooks dangote is affecting with this, on their mind they be like see as this man spoil business for me. Federal government looting our money and now refinery is now becoming a private thingy. 4 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by electropiz(m): 11:40am On Dec 17, 2014 |
Good one, while our politicians are busy looting for their children's children 2 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Bsc(m): 11:40am On Dec 17, 2014 |
ok |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by onosprince(m): 11:41am On Dec 17, 2014 |
I go enter church dis evenin.. made front page 1 Like |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Pillars1(m): 11:41am On Dec 17, 2014 |
Nice Dangote 2 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by bosun11(m): 11:41am On Dec 17, 2014 |
![]() 2 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by PerfumeRepublik: 11:41am On Dec 17, 2014 |
Nice one Mr Dangote ..... Elcemento come and see what your father is doing oo 1 Like |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Nobody: 11:41am On Dec 17, 2014 |
[size=20pt]EVEN 0.00000000000001 of Dangote is much better than 1000s of the CLUELESS one in power! Well done Aliko!!! -CramJones[/size] 6 Likes 1 Share |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Elcemento(m): 11:41am On Dec 17, 2014 |
My father in cement. ![]() ![]() 2 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by anonimi: 11:42am On Dec 17, 2014 |
Deregulation most likely is on its way in that sector. 1 Like |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by mbadinujiu(m): 11:43am On Dec 17, 2014 |
please where is he building the refinery 1 Like |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Nobody: 11:43am On Dec 17, 2014 |
Bewildered 1 Like |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by dre11(m): 11:44am On Dec 17, 2014 |
This is a good news to hear and a bad news for those subsidy crew and government Because when his refinery comes on board.. . Fuel pump price will reduce and importation will reduce and job creation will increase This is a noble step in the right direction 2 Likes 1 Share |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by oluwaseyi187(m): 11:46am On Dec 17, 2014 |
Gud |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by alakaloko(m): 11:46am On Dec 17, 2014 |
God will preserve your life to see Nigeria to a greater hieght.. More worthwhile than the 36 + 1 in term of job creation. 3 Likes |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by MeAndYou(m): 11:49am On Dec 17, 2014 |
If only the crazy Generals that squandered and spoiled Nigeria's oil boom invested half of their loot like this, Nigeria would have for long been a better place. But they decided to dig a pit and bury it like the biblical wicket servant. Up Dango!! 2 Likes 1 Share |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by erico2k2(m): 11:50am On Dec 17, 2014 |
feji333:thats where he is clever.he would never derv into politics.he has all the mo ey he wants.So he would sjow the rest how to make real money |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by otokx(m): 11:50am On Dec 17, 2014 |
Where is the proposed refinery going to be located? |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by erico2k2(m): 11:51am On Dec 17, 2014 |
dre11:uep.I pray too God keep him cos these thieves are dead on stopping anything hitting their pockets. |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by timota(m): 11:52am On Dec 17, 2014 |
Is it one of the three refinaries that the govt peomised in 2011 or a different one |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by famtech: 11:53am On Dec 17, 2014 |
mbadinujiu:Are you from space? wetin you wan do? to go find work? Abeg relax the modules will come in to be fixed together.But you can migrate to Ogun state to spread ur tentacles,desperado!!! |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Papertrail11(m): 11:54am On Dec 17, 2014 |
no offense but this kind of asset should not be owned by a person in a country for me this should strictly be a govetnment owned assest my worry is in the area of abuse exploitation and maybe economic sabotage. Nigeria dosent have a fuctioning refinery yet dang wanna build his in 3years .Otonjo iwella what hav e you been doing with out subsidy money couldnt you guys have saved part of it to build something like dat of dangote you dont have sense mrs otondo iwella you are incompent you havent helped better the lives of ordinary Nigerians. no wondet they gave a medical doctor (dentist) world bank job over you fooooool. |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by Elcemento(m): 11:54am On Dec 17, 2014 |
![]() ![]() ![]() ![]() PerfumeRepublik: |
Re: Dangote Increases Capacity Of New Refinery Adding Another $2bn by PerfumeRepublik: 11:58am On Dec 17, 2014 |
Elcemento: ![]() 1 Like |
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