NewStats: 3,261,836 , 8,175,324 topics. Date: Friday, 30 May 2025 at 06:13 PM 2131q

While we at this, please someone should help us clarify prices of dangote cement between Nigeria and some neighboring countries.
Make we check something.

07kjb:



OP APPEARS to be a sound ECONOMIST, while u are being dumb or tribalist which one

Have u seen a project commissioned and not yet in operation anywhere in the world?

Your last paragraph said it all.

You commission a project yet the project is not operational. It has not be completed.

They keep pushing and postponding the date of the project.

Dangote is now about to import fuel. So what the use of building a refinary ?

07kjb:



When intellectuals are speaking don't bring out your ignorance,or try as much as possible to hide it..u are no longer a small boy

who are the intellectuals? The ones that are filled with hate above or the envious ones that like hate anything Nigerian or Northan?

mrvitalis:

You are obviously not an engineer to type this thing

First as long as the guidelines are followed I don't see any problem... Your petrol is converted to gas before it can combust

People have been using hydrogen to power cars yet no explosion

Hydrogen is even far more dangerous than propane ,ethane or methane gas they might use

SON should step up and do their work

More over they have been using it for years in Edo state.. For over 5 years now... No trouble

where in edo state?

Shallow thinking. Poor men are always believe they are right.

Typing:


Crying intellectual

he called pure jealousy and hate intellectual.

emerged01:
Shallow thinking. Poor men are always believe they are right.

and they also believe God is for them only.

inoki247:


I'm talking about Nigeria Benin Edo state over 5000 plus Car is using CNG in Edo stop displaying your ignorance...

again where in edo state? where is the cng station please?

Typing:


Na LIE. Which Edo? No be this Edo wey I dey. Some years back, some Car owners in Benin actually switch to CNG, but most of them have revert back to petrol.

Only few cars still use CNG in Benin. Make una dey LIE small small.

abi ooo!! i con dey wonder if na the same edo state wey i dey abi na another one wey dey for dream world dem dey talk about.

stanluiz:
Your last paragraph said it all.

You commission a project yet the project is not operational. It has not be completed.

They keep pushing and postponding the date of the project.

Dangote is now about to import fuel. So what the use of building a refinary ?

Your last paragraph has been refuted several times as fake news. So why repeat it?

Bundaweber:



again where in edo state? where is the cng station please?

Go to NiPCO filling station or use Google...

[quote author=inoki247 post=124033908]


hmmn

Bundaweber:



so all nipcos station in benin sell cng. quote the exact locations please

Mak use of Google or go to any NiPco branch in Benin dem go tell u the one that's selling that type of Gas...

Well said, OP.

Dangote is a Greedy, Evil Capitalist.

He is another form of Gen Sani Abacha and wants to Suck this Nation Dry.

I suspect the North wants to use him to Stockpile Wealth for themselves, for the Future.😕

So that should Nigeria Break up, They won't Suffer.🙁

07kjb:
I'm discussing this with my friend from kogi yesterday... DANGOTE is not a good business man what he is enjoying is northern Monopoly coupled with some foolish presidents we had from the south,I will prefer TONY ELUMELU 100* TO DANGOTE.. DANGOTE IS A VERY SELFISH AND GREEDY FELLOW

I LAUGH STUPID APC ERS CHEERING HIS REFINARY,IT WILL BE BETTER TO IMPORT FUEL THAN TO HOPE ON THAT HIS ANTI PEOPLE REFINARY...THANK GOD FOR GAS ALTERNATIVE ANYWAYS

Typical South.Beasts filled with hate, envy and bitterness.

b4bola:
I no know why person go dey drink paracetamol untop another man headache.

The Dangote Refinery is a very complex project that requires a time, technical input and capital.

There are about twelve units (CDU, RFCC gasoline, RFCC AGO, HGU, Polypropylene Unit Effluent treatment Units e.t.c). Executing a project of this magnitude is no joke. Commissioning and integrity testing alone could take six months or more.

The man even said they are more than halfway through with the payment of loans($2.7B left)

I don't know what you intend to gain with all these downplaying

SSFeedsNigeria is just a typical South.Beasts filled with hate, envy and bitterness

Typing:



See person wey never achieve anything for life, dey talk down on Dangote. SsfeedsNigeria, apart from the Gala Hawking business you are good at, what other thing can you do?

South East People just dey envy Dangote. Very soon, Dangote refinery go make Dangote compete as one of the top 3 richest men in the world.
Una go wail tire by then

SSFeedsNigeria and other South.Beasts are filled with hatred, bitterness and envy.

But I want to let you know they do other business such as:

Baby factories
Cocaine pushers

XerXers:
We laughed at the abokki when he ventured into a business that is becoming obsolete. Worst still is his greed in trying to monopolize the sector. Once all bottlenecks are removed, small modular refineries will run him out of business, that is if he ever complete the white elephant project at all.

Pained, bitter, hateful and envious ipobs are just venting their ignorance on this thread.

Electric cars are yet to take over the automobile market in Europe and America and you expect them to take over Africa first.

One thing about IPOB is their lack of tact when they attack you out of envy and jealousy.

ClassicMan202:


Bro.... He failed in tomatoes and dansa fruit juice even the sugar business is facing serious competition from his northern brothers (if not government would have helped him), what about the noodles business?? d€ad

Any business he has a serious competition always falters.

Won't any business where there is serious competition be harder to break through before

Number of electric vehicles globally: 2.2%
Number of CNG vehicles globally: 0.02%

OP and co are the walking definitions of delusional.

helinues:
Aswear to God👩‍🚀, all this Obidients are People who have never achieved anything in life.

Do a private business who run it's affairs like FG..

How dumb can some of you Obi ers be?
Eh stupid with una reasoning

Even great companies make mistake ....great mistakes ....

BeLookingIDIOT:
Number of electric vehicles globally: 2.2%
Number of CNG vehicles globally: 0.02%

OP and co are the walking definitions of delusional.

Irrespective of your believe, Electric car is the future.
Thanks

Davidson1010:

Irrespective of your believe, Electric car is the future.
Thanks

It will still remain a minority fraction even in the foreseeable future. That electric cars usage is growing isn't the question. The question is wether currently investing in fossil fuel is a bad business decision like you claim.

BeLookingIDIOT:

It will still remain a minority fraction even in the foreseeable future. That electric cars usage is growing isn't the question. The question is wether currently investing in fossil fuel is a bad business decision like you claim.

Not what I claim, rather what I believe.
My brother, rationally speaking, this is not ALL about Dangote, but the Nigeria government inclusive. This is the time Nigeria government should start diversifying.

SSFeedsNigeria

Ajaokuta primarily crashed because it was owned by the federal government. The state owned oil refineries all packed up despite access to crude oil. So, from the onset, Ajaokuta steel was doomed.

Dangote refinery on the other hand is privately owned and gives it a far greater probability it will succeed.

Secondly, Dangote is an astute businessman. I was shocked to discover he exports fertilizer to the US. The size of the refinery indicates he also had plans to export and I won't be surprised if he already has buyers.

When the refinery will be complete seems to be a mystery but the last that was heard from the company itself was this July 2023. Let's not be pessimistic.

Yes, Dangote was hoping to corner the market but he seems to have shot himself in the foot. Bua's 200,000 bpd refinery will come onstream next year. If the 4 NNPC refineries are sold off and then fully refurnished by their new owners, that's more competition.

Tinubu has already said he wants refining capacity to hit 2mbpd in locally by 2030

His biggest competition won't be local but foreign. That is the only means local refiners don't gouge us to death.

As for lacking the funds to complete it, it is all speculation. He recently sold a 20% stake to NNPC for $4bn. He could sell more shares to other entities to ensure the project is completed.

As for demand for fuels falling, that will take sometime. I would be a billionaire if I received a $1,000 any time anyone mentioned the death of fuels and the prediction not coming through.

Many poor countries will still be heavily reliant on fuels for a very long time. Many of these rich countries export their fuel powered used vehicles to the Third world. It will be around 2040 that one may begin to see some decline in global demand.

Svoboda:
So much exaggeration about CNG and electric cars. Petrol is going to be far cheaper and more accessible even in 100 years. Multinationals are still investing billions of dollars in fossil fuels. Congo dr is selling off oil blocs to big corps to fund its budgets. Lets not run faster than our shadows.

You think dangote and bua never carried out due dilligence on those projects?

Petrol is going to be so difficult to displace because it is not only relatively cheap(It is heavily taxed in the West because of this) but a natural go to source for energy.

Wind and solar energy take up too much land in my opinion and are relatively expensive. Nuclear energy would have been a much better option but environmentalists hate them with a ion for some incomprehensible reasons. They produce zero carbon emissions.

XerXers:
We laughed at the abokki when he ventured into a business that is becoming obsolete. Worst still is his greed in trying to monopolize the sector. Once all bottlenecks are removed, small modular refineries will run him out of business, that is if he ever complete the white elephant project at all.

Bet against Dangote at your peril. He is in a better position to sell below rivals due to the scale of his plant.

SSFeedsNigeria:


The enormous resources required to run such vast refinery can only be sustainable if it runs at full capacity.

Dangote isn't an astute investor as aclaimed, otherwise it would have been far more profitable to build 5 modular refineries around oil fields than one massive refinery that can't be completed or maintained optimally.

Again, he is driven by greed and monopolistic tendencies.

I fully agree with your last paragraph. He has said that import of all refined fuels ends the second his plant is ready. This is to kill his most vicious competition which will come from imported fuel.

Also, it is enshrined in the Petroleum Industry Act that only those with local refining capacity will be allowed to import fuel. You can guess who influenced that.

inoki247:


I'm talking about Nigeria Benin Edo state over 5000 plus Car is using CNG in Edo stop displaying your ignorance...

Please, how much is a kilo of CNG?

helinues:
Aswear to God👩‍🚀, all this Obidients are People who have never achieved anything in life.

Do a private business who run it's affairs like FG..

How dumb can some of you Obi ers be?
Eh stupid with una reasoning

complexstuffs:


SSFeedsNigeria is just a typical South.Beasts filled with hate, envy and bitterness

Stop being emotional and reason like a normal human being. The op is 100% correct!

Dangote should have built a smaller refinery but no, he wanted to monopolize the downstream sector same way he did to cement, so he can increase prices arbitrarily. Now it has backfired, he can't finish the refinery again and the more he delays, the more hopes of recouping his investment seed capital wanes.

Tifnubudrugs:


Stop being emotional and reason like a normal human being. The op is 100% correct!

Dangote should have built a smaller refinery but no, he wanted to monopolize the downstream sector same way he did to cement, so he can increase prices arbitrarily. Now it has backfired, he can't finish the refinery again and the more he delays, the more hopes of recouping his investment seed capital wanes.

1) How has it backfired?
2) Can the refinery not start operations even before it is completed?
3) Did Dangote tell South.Beasts that his business plan had backfired?
4) Why are bitter and envious South.Beasts taking panadol for Dangote's headache?
5) Europe and American hasn't yet been taken over by electric cars, yet bitter and envious South.Beasts wants to convince people that Nigeria with no NEPA will be taken over by electric cars.
6) Dangote didn't emerge as Africa's richest man by listening or paying attention to envois and bitter South.Beasts.