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There is cold war between Dangote & Tinubu. No one will build such a massive refinery, & not have their license issued. FG said the Dangote Refinery is only 45% completed, confirming David Hundeyin’s position. Nigeria’s Crony Capitalist-in-Chief will have to join our protest.

481,711 просмотров • 2 лет назад •via X (Twitter)

Комментарии: 9

Фото профиля ganiu olatunji
ganiu olatunji2 лет назад

I’ve been your fan for a very long time but you thinking Tinubu being bias with dangote is wrong. Dangote been trying to monopolize everything and Tinubu doesn’t give him the chance on petroleum products. I’m not supporting Tinubu in everything but dangote is part of our problem.

Фото профиля Chima Echefule
Chima Echefule2 лет назад

They are at war, the FG just want everything to be imported. If not, there are some government-owned refineries that need to be fixed so they can compete with Dangote.

Фото профиля I Support Cryptos & AI
I Support Cryptos & AI2 лет назад

If you study Dangote business model, you will know that he doesn't like competition.

Фото профиля The LIGHT☄️
The LIGHT☄️2 лет назад

Dangote is not even hiding it. He's been giving it to them softly recently

Фото профиля Godswill Nwankwo, Nigeria Senate Candidate
Godswill Nwankwo, Nigeria Senate Candidate2 лет назад

🚨 BREAKING NEWS 🚨 When you design and build a refinery, it must primarily be based on the quality of crude oil (bonny light, west texas intermediate, brent etc.) that you expect to process and use as feed stock. I would assume that Dangote built the refinery based on Nigeria's Bonny Light Crude Oil. I cannot imagine his refinery processing any other crude except bonny light. If he processes US or Brazilian crude, his refined petroleum products output would be garbage at best. Besides, his 650K bbl/day refinery will require exactly that amount of crude oil for regular operation - anything short of that capacity will be a big issue when it comes to operating the refinery. Unfortunately, Nigeria currently has only 200K bbl/day to spare after all JVs and future contracts have collected their share of the current 1.25M bbl/day crude oil production. Remember, Nigeria needs to sell a portion of the 200K bbl/day crude oil to generate FX revenue. So how much will they give to Dangote, and how much will they sell? With the future contracts that were used as collateral for the debts running into 20-30 years tenor, criminal Nigerian leaders have been pocketing these monies they collected as debts/loans instead of building infrastructure. I cannot even imagine how to resolve this monumental shit-show. The only thing that I can see is Dangote's Refinery becoming a worthless pile of steel that might have to be sold for scrap. The refinery will operate at a loss, at least for the next 20-30 years, if Dangote wishes to keep the refinery operational.

Фото профиля Tony Ajah
Tony Ajah2 лет назад

Indeed, there's a cold war going on.

Фото профиля #iElde
#iElde2 лет назад

Dangote is requesting that Nigeria 🇳🇬 government to stop all importation of petroleum products and direct all marketers to him. So he can continue his corrupt monopolistic business enterprise. I said it before and I will say it again. Las Las, na that refinery go cause wahala among them. In mommy Patience Jonathan's lovely voice 'korntinu' Nigeria 🇳🇬 we hail thee Ire o

Фото профиля Balewa
Balewa2 лет назад

Pls when is this protest starting? It needs to be like a 1million man march

Фото профиля The Guy
The Guy2 лет назад

Nothing new 2 see here. Just the usual case of “dogs eating dogs” within the Nigerian power circles. I bet we are hearing this bcos Dangote probably refused to allocate some of the “refinery shares” 2 some people. With these lot, it’s never about the benefit of ordinary Nigerians

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