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Africa Spending Future Oil Proceeds In Advance, Says Dangote - Politics (2) - Nairaland 2m1i3e

Africa Spending Future Oil Proceeds In Advance, Says Dangote (8106 Views)

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Hemanwel(m): 6:24am On Oct 09, 2024
This egbon na Oliver Twist o! So, you still want incentive on top subsidized dollar?? Anyways, we know whom you have directed your message to; no need mentioning Africa

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bdon123(m): 6:35am On Oct 09, 2024
ednut1:
The cheap dollars he got from cbn is not incentive?
U dey mind d idiot.He got regular dollar frm CBN at a time nigeria was strugging wit foreign exchange.
CodeTemplarr: 7:14am On Oct 09, 2024
ivolt:

What kind of joke is this?
Fact is not joke. Asides cheap dollar or forex, what did govt do?
Abbypackaging: 7:20am On Oct 09, 2024
Oga don't generalised. Just mention Nigeria
sulaak(m): 7:21am On Oct 09, 2024
Anither563:
We need to do more to make Nigeria a top refining hub.
God bless Nigeria for ever!

Just sell the three government refineries to local oil producers like Seplat and Consolidated Oil Limited: Lekoil Nigeria Ltd, and you will see the take-off of Nigeria's petrochemicals and oil industry. Get the government NNPCL out of the industry.

1 Like

strangest(m): 7:35am On Oct 09, 2024
ivolt:

What kind of joke is this?


Joke? What stops the government from building their own if they have anything to offer.... Useless Buhari and Tinubu government
cooljude(m): 7:37am On Oct 09, 2024
ivolt:

What kind of joke is this?

All of imports for that project was tax free..... That statement is false

1 Like

jaxxy(m): 7:47am On Oct 09, 2024
Dangote should keep his advice 1st and talk about the price of his fuel which nobody knows even after 3weeks of PMS being ready at his refinery.
AkhereOkaka(m): 8:23am On Oct 09, 2024
ednut1:
The cheap dollars he got from cbn is not incentive?

God bless you, where's the Dummy Godwin Emefiele? These people are evil. When will say Dangote is part of the problem uninformed midgets will come for me.


We rise by lifting others
TheBillyonaire: 8:30am On Oct 09, 2024
Dangote should buy all NNPC Refineries.

Then....

Buy out all crude oil mined in Nigeria. No drop of oil should be exported.

Then...

Nigeria becomes exporter of refined products to the world.

We should stop exporting raw materials.
razzydoo(m): 8:34am On Oct 09, 2024
Good point with the Norwegian Sovereign fund.
ivolt: 8:52am On Oct 09, 2024
CodeTemplarr:
Fact is not joke. Asides cheap dollar or forex, what did govt do?
What do you consider an incentive? Free money?

Its called official forex not cheap forex.
And it made a huge difference when the difference between official and black market was huge.
Also, massive import waivers of construction equipment all giving him up to 40% reduction in cost.

It isn't an accident that Emefiele became the unofficial spokesperson for the refinery, the then government
treated it like a government project.

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sweetkev(m): 9:33am On Oct 09, 2024
Newsmills:
Loans to build houses for their children in foreign land,they attend good schools outside the country,come back home and continue where their fathers stop with the slaves.
And it continues that way forever and ever. Nigeria can never get better cry
RealityKings: 10:55am On Oct 09, 2024
For that kind of huge project, the government is supposed to with some incentives but I believe the project was ed by Bill Gates... It takes more than just money to build a project as huge a refinery, the same refinery they country failed at building for several years.
Dangote has made a great effort
Zainabwhitemone(f): 4:11pm On Oct 09, 2024
THE BRAIN BEHIND THE WORLD'S FORTUNE

hkidola00(m): 9:58pm On Oct 09, 2024
ednut1:
The cheap dollars he got from cbn is not incentive?
first thing I thought
Yusufisraelj(m): 7:25pm On Oct 10, 2024
ivolt:

What kind of joke is this?

The 2 billion FG gave was collected back.
ivolt: 9:14pm On Oct 10, 2024
Yusufisraelj:


The 2 billion FG gave was collected back.
FG never gave 2 billion.
If you mean the NNPC stake, that is not an incentive, it is an investment.

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