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Nairaland Forum / Nairaland / General / Business / Dangote Refinery Will Fetch $6bn Forex Yearly - CBN (18701 Views)
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Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by georjay(m): 6:30am On Jan 11, 2016 |
The Central Bank of Nigeria has expressed its readiness to support the refinery, fertiliser and petrochemical complex being built by Dangote Industries Limited in Lagos by providing foreign exchange for the importation of equipment. http://www.punchng.com/dangote-refineryll-fetch-6bn-forex-yearly-cbn/ 4 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by georjay(m): 6:31am On Jan 11, 2016 |
signs of better things to come am particularly elated about the employment aspect we need more indigenous investors 3 Likes 1 Share |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by managermahmud: 6:38am On Jan 11, 2016 |
The fact remains that Dangote is really contributing to Nigeria's economy 33 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by managermahmud: 6:40am On Jan 11, 2016 |
If the refinery will fetch Nigeria $6bn, then how much will be Dangote's profit ![]() CBN sef, nawa 4 una o 6 Likes 1 Share |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by georjay(m): 6:52am On Jan 11, 2016 |
Mynd44 |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Lordtrillion(m): 6:53am On Jan 11, 2016 |
Ok |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by dejavume: 6:54am On Jan 11, 2016 |
managermahmud:$12b...lol 1 Like |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Nedumadrid(m): 7:10am On Jan 11, 2016 |
NIGERIA Must be Better 2 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by georjay(m): 7:57am On Jan 11, 2016 |
lalasticlala mynd44 |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by JAZES(m): 8:10am On Jan 11, 2016 |
managermahmud:Bros, na simple econimics now. The $6bn is inclusive of dangote's profit and all other businesses attached to the refinery of crude oil. 8 Likes 1 Share |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Nobody: 8:28am On Jan 11, 2016 |
what about our "moribund" refineries? |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Roseey0(f): 8:28am On Jan 11, 2016 |
Positive |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Demmocrats(m): 11:02am On Jan 11, 2016 |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by dustydee: 11:03am On Jan 11, 2016 |
When will the refinery come on stream? |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by saasala(m): 11:03am On Jan 11, 2016 |
Sai pmb Sai Dangote 1 Like |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Daslim180(m): 11:04am On Jan 11, 2016 |
That's a great one. |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Smartsyn(m): 11:04am On Jan 11, 2016 |
Interesting.. |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by princejayboss: 11:05am On Jan 11, 2016 |
managermahmud: The fact is that this same cabal is killing us... 9 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Beadex1(m): 11:07am On Jan 11, 2016 |
650,000 barrels of oil, meanwhile some fools are saying that our Niger Delta oil Is not needed anymore. The can't just leave us alone, everything about Nigeria Is oil Yet there Is no impact of this oil funds in any of the state it Is gotten from............WE SHOULD BE ASHAME THAT ONLY 9 SMALL STATES ARE FEEDING THE WHOLE NATION 2 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by dammykrane(m): 11:08am On Jan 11, 2016 |
Who he help??paSs to dey drink uncontrollably go dey settle badoo nd jazy |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Dio1(m): 11:08am On Jan 11, 2016 |
Haha Funny Country Supporting Dangotes Refineries but we can't build ours? Or Let other private investors build theirs? Dangote might as well run the whole Country 13 Likes 1 Share |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Bevista: 11:11am On Jan 11, 2016 |
managermahmud:$6bn is likely the turnover (total sales) figure. The Net Profit itself could be well under $1bn. |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Ehins22(m): 11:12am On Jan 11, 2016 |
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Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by noblegrex: 11:13am On Jan 11, 2016 |
This man is such a blessing to this country. Had it been all the useless politicians stealing our precious founds are following suit, it would have been ok atleast, there's going to be a kind of plough back.may God continue to bless this man and shower him with more wisdom,intelligent,strenght,power and protection. 13 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Nobody: 11:14am On Jan 11, 2016 |
yeah right SMH 1 Like |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Benjom(m): 11:14am On Jan 11, 2016 |
let's hope so. |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by ultrazone(m): 11:15am On Jan 11, 2016 |
Good one |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by freshvine(f): 11:16am On Jan 11, 2016 |
The should support the Orient Refinery in Anambra to come on stream. They should support Innoson Motor to improve. They should revive the Petrochemical plants at Onne. They should do a Turn around maintenance on the Nations refineries and privatised them. Hausas, Fulanis and their slaves downtown south has sold Nigeria into the hand of one man. Is Dangote the only businessman in Nigeria? 8 Likes 1 Share |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by JackBizzle: 11:18am On Jan 11, 2016 |
Dio1: I swear! The stupidity that runs in this country. Why would one man's refinery be promoted by the Central Bank of a country? Shouldn't an oil producing country have its own publicly run refinery so that its oil won't be held to ransom by a greedy private refinery. Haven't we learnt from what the oil marketers did to us with the fuel scarcity? 10 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by Beadex1(m): 11:19am On Jan 11, 2016 |
freshvine:the will never support any of those, because the want everything for themselves. Even To give approval and support for Ibaka seaport Is a problem all because the want Lagos To lord over all other states 10 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by onyibajoe(m): 11:20am On Jan 11, 2016 |
The CBN should also tell Nigerians what will become of our refinaries as soon as Dangote Refinery begins operation or don't we deserve to know that also? I just hope we wake from our slumber before it is too late. God bless Nigeria and Nigerians with the right set of leaders. 10 Likes |
Re: Dangote Refinery Will Fetch $6bn Forex Yearly - CBN by HopeAtHand: 11:22am On Jan 11, 2016 |
Terrible news, the country about to be privatised to an individual. Well, those of us who are NDeltans should remember that Jonathan was there for 6yrs and did not impact positively on NDelta. Fulani lending a helping hand to Hausa/fulani. And Yoruba duly compensated with Lagos as the place of the siting of such facilities. 3 Likes |
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