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Dangote To Invest N500bn In Two 550km Gas Pipeline by zomoears(m): 7:14pm On Apr 28, 2015 |
Chairman, Dangote Group, Alhaji Aliko Dangote has announced plans to invest about N500 billion, an equivalent of $2.5 billion in the construction of two sub-sea 550-kilometer gas pipelines in Nigeria. The project, according to a report by Bloomberg yesterday, will boost Nigeria’s gas output by three trillion cubic feet per day. Dangote disclosed that the laying of the pipes is expected to begin before the end of the year, adding that the first pipeline should be ready by the middle of 2017. According to Dangote, the gas pipeline project which will run from the oil producing regions of the Niger Delta to Lagos State, is expected to be co-financed by the International Finance Corporation, IFC, and global private equity firms — Carlyle Group LP and Blackstone Group LP. Dangote stated that the pipeline project will increase the amount of gas available in Nigeria to four billion standard cubic feet per day from one billion cubic feet. SHARE ON TwitterFacebookGoogle+Buffer http://www.vanguardngr.com/2015/04/dangote-to-invest-n500bn-in-two-550km-gas-pipeline/ Cc puskin 8 Likes |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Nobody: 2:59am On Apr 29, 2015 |
that is good 2 Likes |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by OCTAVO: 7:56am On Apr 29, 2015 |
Cool. Cc: Lalasticlala |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Nobody: 8:32am On Apr 29, 2015 |
Modify that rubbish headline. Dangote only "announced" plans for the investment. Abi you no see the number of co-financiers eh? ? No come here dey make am sound like say Dangote love 9ja so tey him comot him own N500bn! 19 Likes |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by pornstar(m): 8:33am On Apr 29, 2015 |
gig just wanna occupy this land 1 Like 1 Share |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by holicalpha(m): 8:33am On Apr 29, 2015 |
Valar Morghulis 3 Likes 1 Share |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Nobody: 8:33am On Apr 29, 2015 |
Oshey Borrowed money! 1 Like |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by proxitaly: 8:33am On Apr 29, 2015 |
Seems its time for Dangote to enter oil & gas. If this won't be another way to dupe the populace, gas would be a welcome change, a better option than this scam KEROCORRECT |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by ENIGMA11(m): 8:34am On Apr 29, 2015 |
K K |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by stinggy(m): 8:34am On Apr 29, 2015 |
14 Likes
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Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by NaLaugh: 8:34am On Apr 29, 2015 |
olaxco2f: That's how major business works. 15 Likes |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by clemz88(m): 8:34am On Apr 29, 2015 |
Don't worry mr danny we are waiting for the list of bank debtors |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by adenine02: 8:35am On Apr 29, 2015 |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by joedejana(m): 8:36am On Apr 29, 2015 |
F |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Lastdon02(m): 8:36am On Apr 29, 2015 |
nice1 |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Nobody: 8:36am On Apr 29, 2015 |
with all this information we are getting, only d smart ppl will invest in their futures now. If you're an engineering graduate, rather than cry about the "2yrs minimum requirement" that most employers seek, try learning from industry experts. You can run short term cources and get a diploma (e.g PLC, scada, dcs trainings for operators with chemical engineering and instrument engineering background s respectively). Learn more about the process plants being constructed and perhaps chemicals they require for daily running of the plants, with a view to supply those chemicals. Nigeria is filled with so much potential, only the strong willed and prepared people that tap into our national treasure.... In all things, know that there's no "silver bullet" to success..... 8 Likes |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by appini: 8:37am On Apr 29, 2015 |
Nice one |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by favoured247(m): 8:37am On Apr 29, 2015 |
good job dangote. thanks for d help |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by ogalanya(m): 8:37am On Apr 29, 2015 |
thumbs up dangote |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Nobody: 8:38am On Apr 29, 2015 |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Kingspin(m): 8:38am On Apr 29, 2015 |
As usual the gas will run from Niger Delta state and stationed in Lagos. See economics. Tomorrow people will vandalize the pipes. In Nigeria no site of peace. 1 Like |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Nomswag: 8:38am On Apr 29, 2015 |
why taking d project to Lagos why don't u build every thing close to d source of raw material. 5 Likes 1 Share |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by loomer: 8:39am On Apr 29, 2015 |
Correct guy |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by baybeeboi: 8:39am On Apr 29, 2015 |
and then at the end of the year there'll be no word from Him on the project. 1 Like |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Nobody: 8:41am On Apr 29, 2015 |
but when I downloaded the update from xposed repository and tried updating it didn't work modified chei.. wrong thread 1 Like |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by EbiJUNIRO(m): 8:42am On Apr 29, 2015 |
It's my birthday pls show some love... wt d LIKE BUTTON 26 Likes
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Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by Ilekeh(f): 8:42am On Apr 29, 2015 |
And there's nothing Dokubo or ND can do about it. |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by MKO4ever(m): 8:43am On Apr 29, 2015 |
zomoears:Is it three million or three billion? |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by seunlizy(f): 8:44am On Apr 29, 2015 |
Dangote the smart man. Am sure by d time d pipe has been constructed he will see his time 2 of his money back. am smelling politics 1 Like 1 Share |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by elbinmanny(m): 8:44am On Apr 29, 2015 |
Rubbbish....when we are talking about diversifying the economy all what the Olodo-Elect of The Federal Republic and his kinsmen dream about is oil oil oil oil Why not invest in groundnut and cocoa in your region and that of your ally. Una don come again 3 Likes |
Re: Dangote To Invest N500bn In Two 550km Gas Pipeline by PassingShot(m): 8:44am On Apr 29, 2015 |
Kudos to Dangote and his partners. This is some thousands of jobs created yet again by this project. We need more Nigerians to invest in gas business in Nigeria. 2 Likes |
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