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This particular statement in this video clip is sensational, misleading, baseless and downright stupid to say the Nigerian govt wants to pull Dangote refinery down. I wish this anchor would juxtapose the facts on ground and our Federal Competition and Consumer Protection Act (FCCPA) of 2018 and he will... show more

D. H Bwala

124,571 subscribers

96,176 views • 1 year ago •via X (Twitter)

Finance News & Politics

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11 Comments

Tunde Akerele1 year ago

This Madam Rufai Oseni with Cup Size 34DD can never disappoint his gullible viewers with his/her stupidity and ignorance rhetoric. Shame on you Madam Rufai Oseni.

VICTOR AZUBUIKE1 year ago

@ruffydfire saying that the Nigerian Government want to pull down Dangote Refinery is false and very irresponsible of him, @ARISEtv should not allow their platform to be used to spill out false narrative.

Lucky Ekereke1 year ago

If your government is tired of using the naira let her just declare the dollar our new legal tender. Why selling crude oil in dollars for a Nigerian company? Is dangote an American company?

The Daily Muck1 year ago

Read our next article in this ongoing investigation that shows how the government's seizure of this private property and arrest of its owner further exposes the eco-tyranny happening in California...

Victor OME 🇳🇬1 year ago

We are in salary week already You only want to justify why you should be paid this month You are not ashamed to be serving the same person you called all manner of unprintable names even publicly telling the world he is a drug lord

just_Olusola401 year ago

Not untill this particular TV and the guys is shot up completely don't expect anything good. This is not the way to practice journalism.

Real-One Ola1 year ago

Continue speaking big grammar Bwala, I am an APC member, but u see if ur master no fix this rubbish - We will vote him out in 2027. 3 keypoints to note: 1. Electricity 2. Fuel 3. Dollar If not fixed - We will render u & ur colleagues jobless, I know u know how to crosscarpet

Don_Mon_Official1 year ago

Political alleluia praise singer! Louder bruh 😎 30yrs won’t change nada 👎 quote by U!

Nuclear1 year ago

Really? So we are now attributing the success of DR to Tinubu? You people are so clueless that you're trying to clutch onto other people's hardwork. Has DR ever faced more challenges than the one this reckless Govt gives to him day in and day out?

Olawale!1 year ago

Does the FCCPA also allow a regulator to be a competitor in the same market it regulates?!

Temmy Akande1 year ago

Dear Sir, please can't the NBC come hard on this station for all their falsehood and misguided statement that can lead to chaos?

Related Videos

Dangote Refinery is trending because, Aliko Dangote's refinery has started selling Petrol to the public. But, NNPC will be the exclusive buyers. - Monopoly achieved ? The Vice President of Dangote Refinery hinted that should any sabotage arise, and no one buys from them, they will not hesitate to export out of Nigeria, just how they export their diesel and jet fuel. This is was yesterday, when the refinery was yet to reach an agreement with NNPCL. But, now NNPC have reached an agreement with Dangote to supply him crude in Naira. And this month the refinery will supply them 25million litres of fuel, and 30million next month. The refinery is expected to produce 650k barrels per day. But NNPC failed to provide them enough crude oil, which resulted to the delay in commencement of their operation. NNPC being exclusive buyers means that, they will reach an agreement with Dangote prompting them to only purchase PMS from Dangote for an agreed period of time. And, understanding that NNPC is in serious international debt with no international supplier willing to supply them Petrol. - One can arguably say that Dangote has gotten what he wanted, and is on course to secure Oil Monopoly. Recall that in July NNPC accused Dangote of seeking oil monopoly with poor fuel quality. Which frustrated him to to opt out of building a steel plant and suggesting that Dangote Refinery was up for sale. This morning Aliko Dangote used the opportunity to show Nigerians that the real color of quality fuel is "colorless", like water. And he assured Nigerians that, this is what they will be getting from his refinery, unlike the bad product that has been circulating the country for nearly three decades. Assuring Nigerians that their vechicles will last longer, and the environment will be safer. Dangote refinery will be the first refinery to work in Nigeria since 1996. Yet, Nigerians are saying it's not enough. That to properly combat the now natural fuel shortage, FG should allow independent suppliers to give NNPC competition.

Dangote Refinery is trending because, Aliko Dangote's refinery has started selling Petrol to the public. But, NNPC will be the exclusive buyers. - Monopoly achieved ? The Vice President of Dangote Refinery hinted that should any sabotage arise, and no one buys from them, they will not hesitate to export out of Nigeria, just how they export their diesel and jet fuel. This is was yesterday, when the refinery was yet to reach an agreement with NNPCL. But, now NNPC have reached an agreement with Dangote to supply him crude in Naira. And this month the refinery will supply them 25million litres of fuel, and 30million next month. The refinery is expected to produce 650k barrels per day. But NNPC failed to provide them enough crude oil, which resulted to the delay in commencement of their operation. NNPC being exclusive buyers means that, they will reach an agreement with Dangote prompting them to only purchase PMS from Dangote for an agreed period of time. And, understanding that NNPC is in serious international debt with no international supplier willing to supply them Petrol. - One can arguably say that Dangote has gotten what he wanted, and is on course to secure Oil Monopoly. Recall that in July NNPC accused Dangote of seeking oil monopoly with poor fuel quality. Which frustrated him to to opt out of building a steel plant and suggesting that Dangote Refinery was up for sale. This morning Aliko Dangote used the opportunity to show Nigerians that the real color of quality fuel is "colorless", like water. And he assured Nigerians that, this is what they will be getting from his refinery, unlike the bad product that has been circulating the country for nearly three decades. Assuring Nigerians that their vechicles will last longer, and the environment will be safer. Dangote refinery will be the first refinery to work in Nigeria since 1996. Yet, Nigerians are saying it's not enough. That to properly combat the now natural fuel shortage, FG should allow independent suppliers to give NNPC competition.

Trending Explained

143,810 views • 1 year ago

"The person that is sabotaging the Nigerian economy is Aliko Dangote and his co-travellers. Dangote is who he is today because of Nigeria. Nigeria gave him a single licence to import flour, sugar, and salt. The refinery that Dangote built is our money; the Nigerian government subsidised FX for him to build that refinery." — Festus Osifo, PENGASSAN president

"The person that is sabotaging the Nigerian economy is Aliko Dangote and his co-travellers. Dangote is who he is today because of Nigeria. Nigeria gave him a single licence to import flour, sugar, and salt. The refinery that Dangote built is our money; the Nigerian government subsidised FX for him to build that refinery." — Festus Osifo, PENGASSAN president

TheCable

35,538 views • 10 months ago

Dangote Refinery will eliminate all fuel queues in Nigeria, improve the health of everybody, and ensure a consistent supply to the market - Aliko Dangote.

Dangote Refinery will eliminate all fuel queues in Nigeria, improve the health of everybody, and ensure a consistent supply to the market - Aliko Dangote.

Imran Muhammad

169,998 views • 1 year ago

Q: Why is there always a discrepancy in the monthly fuel production data released by NMDPRA and that from the Dangote Refinery? Dangote: The regulator, Farouk, is very smart. What he is doing is only telling Nigerians what was being taken out of the refinery. What has been taken out of the refinery is totally different from what has been produced. When we got tired of all this misleading information, we wrote him a letter telling him to come every day to check our stock and publish what we produce and what we have in stock.

Q: Why is there always a discrepancy in the monthly fuel production data released by NMDPRA and that from the Dangote Refinery? Dangote: The regulator, Farouk, is very smart. What he is doing is only telling Nigerians what was being taken out of the refinery. What has been taken out of the refinery is totally different from what has been produced. When we got tired of all this misleading information, we wrote him a letter telling him to come every day to check our stock and publish what we produce and what we have in stock.

Imran Muhammad

88,547 views • 8 months ago

They say it couldn’t be done, they say he couldn’t do it, that we couldn’t produce PMS in this refinery - The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, replied to critics who doubt that the Dangote refinery will work, and he congratulated Aliko Dangote for delivering the refinery.

They say it couldn’t be done, they say he couldn’t do it, that we couldn’t produce PMS in this refinery - The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, replied to critics who doubt that the Dangote refinery will work, and he congratulated Aliko Dangote for delivering the refinery.

Imran Muhammad

100,305 views • 1 year ago

DANGOTE REFINERY TARGETS SEPTEMBER IPO LAUNCH President of Dangote Group, Aliko Dangote, says the Dangote Refinery is targeting a September launch for its Initial Public Offering, IPO, following what he described as overwhelming investor demand running into billions of dollars. Dangote disclosed this during a visit by the management of First Bank to the refinery complex in Lagos, where discussions centred on investment opportunities and the future growth of the refinery business. Arise News Correspondent Oluwatosin Balogun filed in this report.

DANGOTE REFINERY TARGETS SEPTEMBER IPO LAUNCH President of Dangote Group, Aliko Dangote, says the Dangote Refinery is targeting a September launch for its Initial Public Offering, IPO, following what he described as overwhelming investor demand running into billions of dollars. Dangote disclosed this during a visit by the management of First Bank to the refinery complex in Lagos, where discussions centred on investment opportunities and the future growth of the refinery business. Arise News Correspondent Oluwatosin Balogun filed in this report.

ARISE NEWS

34,894 views • 3 months ago

“Dangote Is The King Of Monopoly. Because Of Him They Destroyed Ibeto Cement And He’s Doing The Same with His Dangote Refinery”.- Very Dark Man (VDM) Says He Has Classified Documents That Exposed Dangote.

“Dangote Is The King Of Monopoly. Because Of Him They Destroyed Ibeto Cement And He’s Doing The Same with His Dangote Refinery”.- Very Dark Man (VDM) Says He Has Classified Documents That Exposed Dangote.

Somto Okonkwo

154,518 views • 1 year ago

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. ~ TUC President Festus Osifo urges the federal government

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. ~ TUC President Festus Osifo urges the federal government

Nigeria Stories

42,097 views • 4 months ago

NNPC Limited is set to supply 300,000 barrels of crude to Dangote Refinery for the commencement of operations. The company’s GCEO, Mele Kyari, OFR gave this assurance at the 2023 Nigerian Oil and Gas Opportunity Fair organised by NCDMB, held in Yenagoa, Bayelsa State. This reassurance of energy sufficiency comes ahead of the inauguration of the Dangote Refinery. #EnergyforToday #EnergyforTomorrow

NNPC Limited is set to supply 300,000 barrels of crude to Dangote Refinery for the commencement of operations. The company’s GCEO, Mele Kyari, OFR gave this assurance at the 2023 Nigerian Oil and Gas Opportunity Fair organised by NCDMB, held in Yenagoa, Bayelsa State. This reassurance of energy sufficiency comes ahead of the inauguration of the Dangote Refinery. #EnergyforToday #EnergyforTomorrow

NNPC Limited

64,953 views • 3 years ago

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. - TUC President Festus Osifo urges the federal government to use excess crude revenue to subsidise local refineries

The price of fuel is heading towards N2000, and we know this was caused by the war going on between the USA, Israel, and Iran. Whenever the crude oil price goes much more than the protected benchmark in our budget, what happens is that it leads to excess funds for the government. So, let the government take that excess fund that was never budgeted for and use at least 60% to subsidise the crude being supplied to Dangote Refinery. When that is done, the cost of the feedstock to Dangote Refinery will reduce, and this will result in the gantry price of petrol reducing. - TUC President Festus Osifo urges the federal government to use excess crude revenue to subsidise local refineries

Nigerian Affairs Journal

85,190 views • 4 months ago

Dangote has raised his three Daughters strategically, anyone of them can take over his position, and deliver it as perfectly as their father, so there's nothing to fear as far as the issue of leadership is concerned Secondly, Dangote has apparently made a very careful calculation before building this refinery, he knows very well that challenges are forthcoming, that getting Nigeria's Crude Oil would not be easy and satisfactory, because of the volume of corruption associated with our oil sector, that's why he had a plan B in place, which include importing Crude Oil from outside Thirdly, the idea of building another refinery is strategic and carefully calculated, he would not just build oil refinery in East Africa, he's building Africa's self reliant on energy, as well as moving his empire to the next Level Forthly, I believe by the time Dangote completed his new rrginery in the East Africa, he would begin oil exploration in those Eastern African countries, which means he would own the refinery and the oil field combined, which means his refineries might be independent of Nigeria's crude in the next 10-15 years Fifthly, By investing so much in the whole of African Continent, Dangote is providing a playing field for international investors, because investors would never invest in Africa, until they see someone is actually investing in Africa, and nobody can do that but an Aftican industrialist like Dangote Sixthly, Dangote can only have the courage to convince the world industrialist to invest in Africa, if he's actually leading it Seventhly, i believe that other Nigeria's industrialist like Abdusamad Rabiu BUA, Otedola, would also join the race, in investing so much in Africa Eighthly, This refinery would provide thousands of jobs to the people of East Africa Ninthly, This would be the renaissance of Africa And Tenthly Africa would be librated economically

Dangote has raised his three Daughters strategically, anyone of them can take over his position, and deliver it as perfectly as their father, so there's nothing to fear as far as the issue of leadership is concerned Secondly, Dangote has apparently made a very careful calculation before building this refinery, he knows very well that challenges are forthcoming, that getting Nigeria's Crude Oil would not be easy and satisfactory, because of the volume of corruption associated with our oil sector, that's why he had a plan B in place, which include importing Crude Oil from outside Thirdly, the idea of building another refinery is strategic and carefully calculated, he would not just build oil refinery in East Africa, he's building Africa's self reliant on energy, as well as moving his empire to the next Level Forthly, I believe by the time Dangote completed his new rrginery in the East Africa, he would begin oil exploration in those Eastern African countries, which means he would own the refinery and the oil field combined, which means his refineries might be independent of Nigeria's crude in the next 10-15 years Fifthly, By investing so much in the whole of African Continent, Dangote is providing a playing field for international investors, because investors would never invest in Africa, until they see someone is actually investing in Africa, and nobody can do that but an Aftican industrialist like Dangote Sixthly, Dangote can only have the courage to convince the world industrialist to invest in Africa, if he's actually leading it Seventhly, i believe that other Nigeria's industrialist like Abdusamad Rabiu BUA, Otedola, would also join the race, in investing so much in Africa Eighthly, This refinery would provide thousands of jobs to the people of East Africa Ninthly, This would be the renaissance of Africa And Tenthly Africa would be librated economically

Senior Pastor Okezie James Atañi

11,188 views • 3 months ago

Aliko Dangote in Tanzania: "The governments of East Africa will be part owners of this refinery. It doesn't matter where the location is. And Tanzania, we have offered Tanzania to also be a part owner of this refinery. So the technical teams who have agreed they are going to look at where it's best suited and wherever it's best suited we'll do that refinery."

Aliko Dangote in Tanzania: "The governments of East Africa will be part owners of this refinery. It doesn't matter where the location is. And Tanzania, we have offered Tanzania to also be a part owner of this refinery. So the technical teams who have agreed they are going to look at where it's best suited and wherever it's best suited we'll do that refinery."

Kenyan Wall Street

66,582 views • 3 months ago

I Don't See the Significant Impact Dangote Refinery Will Have on Petrol Price - Oluwafemi As much as Dangote Refinery has been met with so much positivity regarding supply, it's sad that NNPCL who use to run four refinaries in Nigeria, is queuing to lift PMS from a private Refinery. The back and forth we have witnessed in the past week is symbolic of how powerful commodity traders are globally, and the Dangote refinery will, unfortunately be no different Akinbode Oluwafemi Director, Corporate Accountability and Public Participation Africa (CAPPA)

I Don't See the Significant Impact Dangote Refinery Will Have on Petrol Price - Oluwafemi As much as Dangote Refinery has been met with so much positivity regarding supply, it's sad that NNPCL who use to run four refinaries in Nigeria, is queuing to lift PMS from a private Refinery. The back and forth we have witnessed in the past week is symbolic of how powerful commodity traders are globally, and the Dangote refinery will, unfortunately be no different Akinbode Oluwafemi Director, Corporate Accountability and Public Participation Africa (CAPPA)

ARISE NEWS

11,006 views • 1 year ago

Dear Nigerians, your president owns the biggest Refinery in a foreign country And the 7th Largest Refinery in the world is coming from your country And you lack fuel, and the Dangote Refinery is complaining of non availability of crude for refining,ok. Jibowu Nigerian army Tiwa

Dear Nigerians, your president owns the biggest Refinery in a foreign country And the 7th Largest Refinery in the world is coming from your country And you lack fuel, and the Dangote Refinery is complaining of non availability of crude for refining,ok. Jibowu Nigerian army Tiwa

Jehu Chijioke

51,980 views • 2 years ago

Farouk Ahmed is trending because lovers of Nigeria are calling for the resignation of the NMDPRA Chief, after he revealed that; 1. Dangote's refinery is not licensed, 2. It's incomplete, only 45% built, 3. Dangote wants NNPC to give him monopoly on petroleum products in the country. 4. Dangote's product are not authentic. Dangote in turn said; his products are better than any product they (NNPC) import. And if they want they should test the diesels across the country and test his own to confirm the qualities. Aliko Dangote felt frustrated, opted out of building the steel plant and prepares to put Dangote Refinery up for sale. So, Nigerians believe Farouk Ahmed made a reckless statement that will tarnish the 'governments' image internationally and locally.

Farouk Ahmed is trending because lovers of Nigeria are calling for the resignation of the NMDPRA Chief, after he revealed that; 1. Dangote's refinery is not licensed, 2. It's incomplete, only 45% built, 3. Dangote wants NNPC to give him monopoly on petroleum products in the country. 4. Dangote's product are not authentic. Dangote in turn said; his products are better than any product they (NNPC) import. And if they want they should test the diesels across the country and test his own to confirm the qualities. Aliko Dangote felt frustrated, opted out of building the steel plant and prepares to put Dangote Refinery up for sale. So, Nigerians believe Farouk Ahmed made a reckless statement that will tarnish the 'governments' image internationally and locally.

Trending Explained

80,016 views • 2 years ago

You don't truly grasp the scale of the Dangote Refinery until you're standing inside it. This is the view of NNPC Group CEO, Bashir Bayo Ojulari, after a visit. The infrastructure and the sheer magnitude of the World's largest single train Refinery points to an undeniable fact - interests may conflict, narratives may shift, but one thing is certain, Dangote Refinery hasn't just entered Nigeria's industrial conversation, it has redefined it forever.

You don't truly grasp the scale of the Dangote Refinery until you're standing inside it. This is the view of NNPC Group CEO, Bashir Bayo Ojulari, after a visit. The infrastructure and the sheer magnitude of the World's largest single train Refinery points to an undeniable fact - interests may conflict, narratives may shift, but one thing is certain, Dangote Refinery hasn't just entered Nigeria's industrial conversation, it has redefined it forever.

Sir Dickson

52,458 views • 2 months ago

Dangote Petroleum Refinery has suspended the sale of petrol and other refined products in naira, a decision that could have widespread effects on the Nigerian economy. While the company says it remains committed to serving the market, this decision may put pressure on Nigeria’s fuel supply chain and impact everyday costs. So, what does this mean for Nigerians?

Dangote Petroleum Refinery has suspended the sale of petrol and other refined products in naira, a decision that could have widespread effects on the Nigerian economy. While the company says it remains committed to serving the market, this decision may put pressure on Nigeria’s fuel supply chain and impact everyday costs. So, what does this mean for Nigerians?

ARISE NEWS

179,671 views • 1 year ago