iamkeyz:
Fertilizer export when we still eat THAI PER BOILED RICE and import TOMATOES from Nigeria Republic?
.
Which kain mumubility be this nah?
.
Sometimes I weep at the iberibelistic mumubility of some supposedly sane people ọ.
.
So dangote wants to export Fertilizer when naija never get enough for farming Ai?
.amadioha must look into this case.

Sttropez2:
Nice job sir, south south think say na only them get oil. Now we go see

adecz:


In 2006 when price of cement rose to
1000 naira, everybody were complaining,

Obasanjo told us to be patient & that, when
Dangote's Obajana cement plant in Kogi
starts producing, prices will come down.

When obajana plant came up, prices
webt to 1500 & is now 2500!

In the final analysis, Dangote only
cares about getting richer & richer at
our expense.

He has a habit of contributing heavily to
all presidential aspirants & parties, so that
anyone that finally wins will grant him
more concessions at the expense of the
country. Him wayo to much.

But i accept, he is humble but very
calculating.

In the mean time, his trucks & reckless
drivers continue killing nigerians & destroying
our road infrastructure nationwide.

erico2k2:

Dangote a Muslim now carries the Anointing oil,A person who does not recognise Jesus as the Son of GOD? seriously
When I say Nigerians full of Christians are naïve una say nah lie.

Nukilia:

Cost of production affects the whole cycle.

deepwater:


It's not a coincidence, the truth about the refinery is not being told.

In no way, I repeat noway will that refinery be ready by 2020, when in 2018 we are still discussing piling of foundation?? . It's a single train refinery for those who understand.

Mr Edwin, could you explain why thirteen (13 ) young engineers-in-training Dangote took to INDIA for refinery training resigned on their own? Some resigned from new Delhi and Mumbai, even paid for their own air tickets back to lagos. They just couldn't stand the lies been told on the news and watch their future being held to Ransome.

Tell the truth, stop politics.
The rate at which the cbn is selling forex to Dangote, he will never complete this project. Baba dey take the money dey fund other things. Selling at 134 like say na only Dangote need help.

erico2k2:

Dangote a Muslim now carries the Anointing oil,A person who does not recognise Jesus as the Son of GOD? seriously
When I say Nigerians full of Christians are naïve una say nah lie.

Ijaya123:


What do you know about economics? I can perceive some level of hatred and jealousy in your post.

obayendo1010:
Now i know the problem of Nigeria is completely ignorance and greed if a single man or group can build a refinery that can supply our need and as well supply other countries so what stopping the federal govt for doing so all this while, just 10bn dollars tripple of what Mr Obasanjo use to power the country that we yet to use or are we using it already? Please can someone just give him the contract to supply power to Nigerians and lets enjoy power constantly even if it worth paying more for me it okay and as well our civil service worth privitazing that sector is dead i mean completely dead don't know of other state but my state is nothin, I g to write home about.

drestoneokuta:
@deepwater so you be "brother" . I know you and @castroii were employed as engineers @ dangote refinery about 2 years ago, I was surprised when you didn't take the offer, now I know better. What made 13 engineers resign? What exactly is going on? What advice will you and @castroii give to does as aspiring to work at the dangote refinery as they are still recruiting? Please can I contact you via mail if you don't feel comfortable answering the questions online? Thank you

erico2k2:

The Answer is in your post, someone is gaining from us not having our refinery working. I blame the last administration cos they had the mandate and opportunity to put things right. But like always cabal wins!
But one day we shall reach a political equilibrium.

Castroii:

lol, bro Dangote refinery never employed me as an Engineer. I only had an offer some time ago with one of the contractors handling the Fertilizer plant project but rejected it cos I was not ok with the pay.
So I don't really know anything about the 13 Engineers that resigned.
Do you mean aspiring to work in the refinery itself when completed or on the refinery construction project??

supereagle:


Who told you Muslim don't recognize Jesus ? His name is the Muslim Holy Book .Who told you that Muslims don't honor prayer from men of God?

adecz:


In 2006 when price of cement rose to
1000 naira, everybody were complaining,

Obasanjo told us to be patient & that, when
Dangote's Obajana cement plant in Kogi
starts producing, prices will come down.

When obajana plant came up, prices
webt to 1500 & is now 2500!

In the final analysis, Dangote only
cares about getting richer & richer at
our expense.

He has a habit of contributing heavily to
all presidential aspirants & parties, so that
anyone that finally wins will grant him
more concessions at the expense of the
country. Him wayo to much.

But i accept, he is humble but very
calculating.

In the mean time, his trucks & reckless
drivers continue killing nigerians & destroying
our road infrastructure nationwide.

erico2k2:

I'm standing near a park is tank muslim . They don't recognise him as a prophet or son of God . To them Mohamed is the only true prophet

adecz:


In 2006 when price of cement rose to 1000 naira, everybody were complaining,

Obasanjo told us to be patient & that, when Dangote's Obajana cement plant in Kogi starts producing, prices will come down.

When obajana plant came up, prices webt to 1500 & is now 2500!

In the final analysis, Dangote only cares about getting richer & richer at our expense.

grandstar:


In the Nobel Prize Awards, do you realise that there is a category for Economics?

A lot of us think we are economic experts but may know next to nothing about it in reality.

Germany exports loads of agricultural equipments and imports lots of food. It all depends on comparative advantage and trade.

erico2k2:

Bross nah Lie be dat,God hand nor dey.YOu know the political suppression wey dey go on? how he marginalized other small Business to eliminate competition aided by past and present administration?

nextstep:


I just want to comment about the prices. From 2006 to 2016, general inflation in Nigeria hovered around 20% while the value of the Naira (vs USD) has crashed from around 130 to 360 (it's been as bad as 540, but I'll just settle at these official numbers).

If cement had to be paid for in USD (a lot of inputs were imported, and profits repatriated), we'd see at least 3x the 2006 price - meaning 3000naira.

Now add the effects of inflation which would have seen cement prices increase like so: (I'll even be generous and say inflation was only 15% for that decade on average, which is an underestimate but makes the math easy.)
2006 - 1000
2007 - 1150
2008 - 1322
2009 - 1520
2010 - 1749
2011 - 2011
2012 - 2313
2013 - 2660
2014 - 3059
2015 - 3517
2016 - 4045

So inflation alone would see cement be 4045 Naira. Compounded with the devaluation of the Naira would have seen it approach 10,000 naira. So, really, prices have come down in REAL, inflation-adjusted terms, and it's absolutely not fair to compare nominal prices over a decade in a country where the value of money falls so drastically.

Now we can then talk about if real wages have increased to pay for these more-expensive cement, but that's not Dangote's fault is it?

obailala:
What Dangote does is exactly what every single businessman (big and small) out there does; i.e. manipulate the system to gain favours and become market leader. Dangote is simply just winning others in the same game they all play.

As for Dangote refinery, Nigerians will get the real shocker when that refinery is completed cos Dangote is a ruthless capitalist who enjoys monopoly. Upon completion of that refinery, the government will eventually fully deregulate the downstream sector thereby permiting everyone to sell at whatever price they choose; Dangote will sell his petrol for about N200-250/litre and the FG will completely ban fuel importation. Dangote will hold the entire Nigeria by the balls, will become richer than government and Nigerians will curse and curse and swear, but it will be too late.

supereagle:

Jesus Christ is the Prophet Issa in the Quran. It is interesting to note that among the 25 places in the Quran where ‘Issa is used in sixteen of them He is called the ‘son of Mary‘ and in five passages His name is coupled with Moses (Musa). I raised it to tell that Quran recognised Him. A true Muslim see Him as a prophet from God.

iamkeyz:
Fertilizer export when we still eat THAI PER BOILED RICE and import TOMATOES from Nigeria Republic?
.
Which kain mumubility be this nah?
.
Sometimes I weep at the iberibelistic mumubility of some supposedly sane people ọ.
.
So dangote wants to export Fertilizer when naija never get enough for farming Ai?
.amadioha must look into this case.

deepwater:


It's not a coincidence, the truth about the refinery is not being told.

In no way, I repeat noway will that refinery be ready by 2020, when in 2018 we are still discussing piling of foundation?? . It's a single train refinery for those who understand.

Mr Edwin, could you explain why thirteen (13 ) young engineers-in-training Dangote took to INDIA for refinery training resigned on their own? Some resigned from new Delhi and Mumbai, even paid for their own air tickets back to lagos. They just couldn't stand the lies been told on the news and watch their future being held to Ransome.

Tell the truth, stop politics.
The rate at which the cbn is selling forex to Dangote, he will never complete this project. Baba dey take the money dey fund other things. Selling at 134 like say na only Dangote need help.

adecz:


In 2006 when price of cement rose to
1000 naira, everybody were complaining,

Obasanjo told us to be patient & that, when
Dangote's Obajana cement plant in Kogi
starts producing, prices will come down.

When obajana plant came up, prices
webt to 1500 & is now 2500!

In the final analysis, Dangote only
cares about getting richer & richer at
our expense.

He has a habit of contributing heavily to
all presidential aspirants & parties, so that
anyone that finally wins will grant him
more concessions at the expense of the
country. Him wayo to much.

But i accept, he is humble but very
calculating.

In the mean time, his trucks & reckless
drivers continue killing nigerians & destroying
our road infrastructure nationwide.

iamkeyz:

Tech for food.
Nigeria is exporting fertilizer for?
.
Look... We have no business with Nobel prize on anything for now...
Let the ordinary man get basic things... I sound crazy right? But capitalism is not putting average people into consideration. It's jutting for the glamour and bragging rights and more money

Colourich:
Not like am in support of what he said, just wanted to correct something you said, actually, devaluing our currency does not have any effect on the domestic prices of commodities, it only have an effect on imported goods as a result of our exchange rate which is considerably high due to devaluation, so unless Dangote import inputs he used in production which makes it costly as a result of devaluation, he doesn't have any right to increase the price of commodity cos of devaluation.

adecz:


So, clay, limestone, gypsum, sand are imported?

You are not conversant with cement production.
Go and research & come back & comment
intelligently...

EngrVin:
Later u will say u are not one of the trainees, yet u have all these inside info