Dangote Did Not Carry Out Proper Feasibility Study for Refinery, IOCs His Major Problem - Shedrack
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- Опубликовано: 10 сен 2024
- From my investigation, Dangote has no issues with NNPC. So far, about 39 vessels of crude oil have been delivered to the Dangote refinery by the NNPC. Dangote seems to want the Tinubu administration to bend the rules for him.
Light Shedrack, International Business Ideation Specialist
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This man is being economical with the truth.
He is one of these criminals taking Nigeria back.
If Dangote is operating fully, Nigerians would benefit from it.
You are blinded by ignorance and emotions.
@@olusegunfadeyi8137 You are one of Pablo Escobar's boys.
Its so unfortunate that you don't know your right from your left.
How so? For years we've complained that Nigeria sells oil to foreign companies and buys the oil back in dollars making or fx weaker.
Now we have a bigger local refinery and the government is still prioritizing the foreign companies? Why did the government work with dangote to build a refinery then?
We should have just continued selling and buying back our oil from those foreign refineries since we don't want to loose their tax.
@@olusegunfadeyi8137
😢 what truth , because he is old and you pity him lol , una never ready for Nigeria , our economy is being controlled ,
The simple truth is that Dangote's friends and cronies are no longer in power. Tinubu's gang also have their own oil cartel. It's a power struggle going on.
Gbamm
Exactly 💯
I agree. But the GMD of NNPC was the one there (during Buhari's government) when Dangote and NNPC made their deal.
you are smart.......and that is the reason why hes coming out now cos its not favouring him anymore
@@iamadebayo3162what you should be thinking is, what favours me and my fellow Nigerians?
The one time when monopoly would actually benefit this country is when they grow a conscience 😂
Exactly 😂😂
FYI Dangote refinery is a national asset and should be treated as such.
This man may not have spoken for NNPC nor for the government, he certainly didn’t speak for the people. He came to speak against Dangote. Period
True
He's likely to be ibo guy. That's how they sold Nigeria in 1959.
This man made it so easy to read him.... He's speaking for NNPC and not straight forward. His trying to reconstruct the narrative. The truth is they want to frustrate Dangote but Nigerians know now.
@@ismailaolaitan2834you don’t always have to be foolish you know ?
I agree
Why is this man referring to 'Dangote' as a person? rather than a a corporate national asset that needs national protection.
The only problem dangote has it that he is in a sector tinu is desperate to capture for his family
Because Dangote is an individual with a history of questionable business practices. Even with the current refinery he's built, was there a plan for other refineries to be supported, or was he planning a monopoly takeover?
Ayo and Oseni, don't sit there and been asking questions about Malta instead both of moves and send your investigator to Malta now and give us who and who is the owners of company than sit down to give us inaccurate information
Thanks. Arise does Nigeria a massive disservice by their arm chair pseudo journalist. It’s getting so bad at Arise that it’s becoming a social media TV. No real journalism going on there.
And what are you waiting for to do the same investigation? Information is free on the net now, or if you do choose you can go to Malta too and find out for us.
Thar is my problem with these journalist from Arise. Rufai will sit in the comfort of his office and rely on Google search to provide him answers. Go do investigative journalism
Nice point
@@ernestese6501
They are lazy. They base all their assertions on figures being bandied about on social media..
How can you conduct an interview of this nature in less than 20 minutes.. Interrupting guest here and there mtsw
They expected this guy to only confirm the Malta story. They weren't expecting a factual response.
Dangote is not getting crude because of Tulumbu's Malta connection. Forget Nigeria, this country is a criminal enterprise.
Does that include your personal family?
Still have to run the enterprise. 200 million souls depend on it
Stop spreading false information here. The reason why Dangote is not getting crude is purely due to shortage of crude supply. The IOCs already have ongoing contractual agreements with their existing customers that they cannot renege on. However Dangote went to the media to badmouth the IOCs and made the world believe that FG, NNPCL, and the IOCs are fighting him, but this is not true at all.
@ManHuman-ur2hmIt is pure fake news. Dangote is not getting crude because he does not have in advanced any contractual agreements with the crude producers. Dangote wanted the IOCs to renege on the agreements they already have with their existing customers. Dangote is actually to blame in all of this if you know exactly what is actually going on.
😂😂😂your ignorance is so global..even your town people are just laughing 😂😂😂
This is just the truth.....they do not want Dangote in oil business. They want to continue importation of oil. Some of them are envious of Dangote's success and they continue to weep up sentiments. I am not saying Dangote is a saint but our national interest is more important in this case. Dangote needs encouragement while we fix our other refineries to release us from importation of refined oil. This is important to improve our economy.
💯💯💯
I love Arise Tv but what's the interest of the anchors in this problem? Why don't they want the analyst to explain himself?
You noticed it too. They prevented the man from delivering vital information.
He's been answering. He was building an argument towards a response to your questions, but you kept interjecting.
Exactly
This guy has eaten the 800k! Thank God for David Hundeyin
I am sorry Rufai, this guy is just playing games. Why is the Nigerian government not helping the Nigerian people? This guy is prevaricating
Nigerians need to back Dangote refinery!
What David Hundeyin refused to do, clearly others amongst us have accepted 😥
Sadly
Some years ago, I planned to build a big gas plant in Nigeria, Lagos precisely. When I found that there was no guaranteed and scure supply of feed gas, even though that Nigeria is a gas rich country, I cancelled the project.
Me too.. I wanted to build refinery, I canceled the project. Lamba 😅
@ManHuman-ur2hm It's nice to hear that although based on information available to me, the issue with securing supply remains and probably worse now than it was since 2008. To solve this problem, the upstream operating regulatory model must be revised. This is not about unbundling NNPC which is what the PIA seems to have focused on. It's about JV or private-public investment model that secures public-government interest in the upstream. The current arrangement can not support competitive and profitable investment in the real sector of the downstream segment.
@kimprince😂😂6048
@@kimprince6048😅😂
Nonsense talk.
Please bring this man back and give him time to tell us what he knows. Let’s not allow emotion and personal relationship to prevail over national interest.
This man is saying rubbish
@@yomiolaosebikan5402 no mind am. The man that spent well over $20B will be that daft and not do the right feasibility study. Everybody in NNPC and anything connected to it are all rogues.
@yomiolaosebikan5402 No, he is not. You are only interested in yourself, forgetting that dangote refinery is a private business.
The refinery will not cause a reduction in the price of PMS in case you don't know.
The size is too damn big for us to handle at this point of foreign debt and drop in crude production.
Let them give him an oil well to purchase to get sufficient supply locally. The IOC thing will not work.
@@vok7584 it will cause a reduction in price because is buying the crude in naira at 30 to 40% decrease in price we will save close to 7,9 billion dollars in foreign exchange that will benefit us as a country another one is that the derivative that we are going to get from refining locally are 34 derivative that spring up a lot industry the dangote refinary will create 100 of thousands of jobs direct and indirect so you seealot of benefits stop being ignorant you are part of the people that are killing our economy #i stand with dangote refinary
I am not happy with the Arise crew pattern of interview with this man, why are they interrupting the man. Give him time to talk, it's obvious that he has alot to say that is not in favour of dangote. Please bring him back, we want detailed and balance story from an independent source@vok7584
I can't understand how an elderly man would come and disgrace himself 😂😂😂😂
I wonder
Me too, …..
the guy was pretty much saying, as an African don’t dare come and drive our colonizers away… And don’t mess with their revenue source, many of us will defend their interests.
Guess what? Drill oil in America and tell America you will not sell it to them so their people, …the US will simply sanction your company, end of story…. But this man is here telling us, if we don’t kiss the IOC asses, he is afraid they will run away and our economy will go bad!!! Say what? The economy is at its worst level already…if we are still breathing, …it can’t get any worse…if it does he will have to throw away his neck tie so he can blend in among us the poor….failure to do that, hmmmmm I can’t say.
I wonder too. So shallow minded.
😂😂😂😂😅😅
How ?!! Are u sure Nigerians are normal at all??
Why ask questions if you're not going to allow the person to answer , you spent more time interjecting than than you gave the man to answer !!!
The man is a hack who has been paid to come and insult our intelligence. He knows next to nothing about what he's talking about except the yawns he was told by his paymasters to come and sell to Nigerians. Thankfully, Hundeyin has warned us about his likes.
They didn't want him to deliver the vital counter narrative to what they have been dishing out to the public.
Faces of the enemies of Nigeria - making excuses against Dangote !
How come NNPC keep supplying crude to refineries that are not functioning, based on what Shedrack has said?
I think say na only me hear am
The manner in which this man speaks just shows how callous and ruthless the ruling elites can be against you if you step on the wrong toes. Dangote has definitely stepped on the wrong toes; and now they're messing with him; but unfortunately at the expense of the Nigerian people. Sad indeed!😥
No matter the feasibility study you do, nothing is like meeting the real market.
Finaly someone discussing ideias instead of discussing people. Thumbs up for you sir.
What most people love to forget is that buying crude oil takes a diferent way than the process of buying cooking oil in a wholesale market.
As per today corporations and gvt are buying and selling oil to be delivered next year and even beyond.
What most people don't think about is that Dangote refinary is taking over someone else oil products market share. They are not going let the market share go peacefully.
Energy resources businesses is bloody and messy. Remember Nord Stream2. Remember the Niger-Benin pipeline.
Aditionaly someone has been playing funny in nothern Nigeria. People are busy in Ukraine, Israel and the comming elections in america. After all that, God save Dangote refinary is my pray.
Arise presenters should be courteous to their invites. Let them express themselves before you cut in.
Dangote Refinery case is one of the new trending Nigerian examples of
🐕 🐩 🐶
🦷Dog Eat Dog🦷
It’s also a case of black people being their own worst enemy.
I remember mr Dangote once said on a interview that a certain arab businessman warned him not open this refinery,i guess that arab businessmen knew what he was talking about
Nigerians should support Dangote and get power back to the people. ✊🏿✊🏿✊🏿✊🏿✊🏿✊🏿✊🏿#takeitback #endbadgovernance
If you're a concern Nigeria, please investigate the sudden Nigerian trade increase with Malta.
Dangotes refinery is an asset of Nigeria.its a plus for Nigerian people.This is pure sabotage.
This foolish man. Crude belongs to Nigeria and IOC should be made to fulfil the local refining quotas. That is talking of National interest.
This guy's sounds clearly like he's against the refinery...I think they Also offered him 500usd to speak against the refinery
How voice is incoherent… people who speak like this are never saying the truth. He is serving a purpose for the people who he is working with. The problem with this country is only a few people want’s things done rightly. The rest don’t care as long as they are making money off the scheme. Rufai ask one question the guy just jump into unnecessary elaboration. Trying to elaborate to justify this evil they are bent on perpetuating. This guys play dirty politics with everything.. they will try to side in the preliminary so that when they shift seat you won’t easily pick their lies.
Now speaking as ordinary citizens, but couldn’t investigate the Malta 🇲🇹 claims. This Guy is just one of this funny folk
Nigeria is a cash and carry enterprise not a country. Hunger de everywhere and he is not exempt.
@@tundealawal4398 this is funny but not funny bruh this country don tire person because of politics and bureaucracy
@@dbrave1524 I agree. We are in trouble o.
We these rules dearly just for the Masters dearly,now comes our own yayayayayayay ase😂
If Dangote Refinery fails, Nigerian will miss a huge opportunity to prop up its Naira against the Dollar by adopting use of local currency in crude oil sale. Secondly, oil production being a catalyst in boosting a nation’s GDP per capita rating, again, we will miss an opportunity to improve the averagely generated income from domestic products (e.g: refining of crude oil for both export and local trade) per capita.
@jeday5128 This is what some unintelligent and illiterate tribal bigots miss. Anybody that goes against Nigeria govt is against Tinubu. We will never miss this chance.
Well said. The Naira will see a boost if this refinery gets going. Tinubu na mumu. He should be doing everything in his power to make this work. I’m not Yoruba or Hausa man either
NNPC had the obligation to supply Dangote with the crude it needed. They admit that of the past 6 months January to June Dangote has received only about a month and 12 days of supply. They explain away the reason why they couldn't supply the rest because of 'sanctity of contracts' the IOC have. The fault is that of NNPC because it can't compel these IOCs to follow the law.
💯💯
Nnpc just want Nigeria to fail.
Shedrack, you really believe that Dangote would not do a proper feasibility study for a $20 Billion investment? Problem is that even the best feasibility study would not guarantee expected outcomes in Nigeria because of oil theft, inability of the country to know the exact quantity of oil it produces, non-functioning government refineries, saboteurs benefiting from oil importation, etc. Maybe Dangote should have recruited you to do your version of a "proper" feasibility study in a country like Nigeria. Also, do you have any proof that the Dangote refinery actually received 39 vessels of crude oil out of the total it was supposed to have received?
What a DISGRACE to Nigeria and Africa that an IOC can DICTATE to the largest black nation matters dealing with the nation's viability.
U must be joking. Do u know years of investment the IOC has done. Are they the ones that said the government over the years shld not be organized??
It is indeed a big disgrace. Nigeria should be inspiring self respect throughout the entire black community, instead they’re reinforcing the image of black people as inferior in so many ways.
@@user-op2tx9rk7nIOC is on the wrong side of history, for goodness sake the luxury of having a home grown business for natural resources only in Africa thus stuff happens as the world breaks away and become independent of the west.
Dangote is not supposed to secure with the IOC. He is supposed to get from the allocation for local consumption by the PIA.
What kind of creature are these, that want to sabotage themselves? Is this “light Shedrack” or whatever He call himself knows that a workable refinery in Nigeria is of international security?
I'm amazed at our people. The man is revealing things and because useless poor people want to identify with another Nigerian, we're not willing to hear the man.
Dangote should tell us more about the Malta blending facility.
I was thinking in my mind that the next question that should follow would be, "what is the way forward", because the business as a national treasure, need to be given all necessary assistance to get crude oil. There's no problem that doesn't have a solution, even if rules have to be bent. You weigh the economic advantage and you'll see the necessity.
I’m going to put the record straight here, Dangote has been operating in Nigeria as the monopoly for decades, what makes America great is competitive markets everywhere, But in my country Nigeria, they are busy running government as family owned company. There are other Nigerians that are capable to handle such issues not even other countries or Dangote alone. All other citizens are nobody except Dangote and yet they wants a good economy, what a mess and brainwashed individuals in this 21 century. So sad. You guys better wake up from relying on only one man in such huge economy. Other African countries are looking up to Nigeria for goodness sake.
What is the definition of monopoly? Which sector Dangote operates without competitors please mention one or two?
Use your head don't be emotional. It is better and cheaper for Nigerians if 60% of the crude oil is refined in Nigeria irrespective of who owns the refinery. It will crash the fuel price and add value to our naira.
Dude, you don't no what you are saying. Dangote deserve the very best and utmost support from both government and Nigerians. The NNPC and it's Cohort are doing everything possible to kill Dangote Refinery and it will not work for the EVIL Men who put everyone in perpetual POVERTY. Can you invest more than 200 Billion Dollars in Nigeria and at the end they want to kill the business. See, I work at the Refinery and I understand what this Man Dangote went through to build the refinery. Please let help him fight he's Enemy, 'The NNPC'.
America.and competition ? Think again!! How did Elon Musk become the richest man in the world? Who is SpaceX competitor? What about Lockheed Martin?
FYI Dangote refinery is a national asset and should be treated as such.
This man may not have spoken for NNPC nor for the government, he certainly didn’t speak for the people. He came to speak against Dangote. Period
Monopoly of what? Be specific. I have never seen dangote rice,we have always had lafarge cement,define monopoly
Arise TV constantly shuts this man down from his speeches. I think your TV station is taking sides in this matter. Dangote has always been known to want laws bent to his side. Take for instance, his cement business where Ibeto was made escape goat for Dangote to rise. Shadrack gave a 100% straightforward insight to Dangote's shenanigans...A monopolistic businessman; he does not love competition.
I went through all the comments one after the other before I got to yours and I am so glad that I just saw a sane Nigerian. To be honest with you, most of the persons you think are educated are not educated. How can someone watch this video with the way the guest spoke eloquently with so much information and people still doubt that Dangote is being honest about the situation. It’s really sad because most of them have families that look up to them for information, believing that what ever they say is correct.
Ibeto killed himself. He was into importation and federal govt wanted cement to be manufactured in Nigeria to create jobs and grow our GDP.
Why didn't your ibeto manufacture cement locally?
@@donphilipayo3920 I hope you can recall, that at the time Ibeto was importing cement, ibeto cement was cheaper. Also, the issue was never about quality. So, what’s your point?
@@donphilipayo3920 Definitely...and am very much this person have never crossed the Niger bridge. I worked with Ibeto Cement so I know for sure that Ibeto was not importing finished cement product.
Tribal bigots like you are always ready to jump to sarcasms.
Dangote Refinery should be preferred and prioritized over IOCs
Port Harcourt refinery ke? What did they do with the crude?
All these international oil companies like Agip, Shell and chevron operating in Nigeria with impunity need to be dealt with by the masses. Anything colonial needs to be dealt with... its not about complaining to who does not have the solution.
They are producing enough oil. They should be compelled and forced by government to ENSURE oil from nigeria is refined in Nigeria
Nigerians might need to also stage another protest to force Nigeria to provide crude oil to Dangote! Sadly😢. It reminds me of a quote by a Kenyan human rights activist, “human rights are not given but earned”.
this man is an enemy of progress
Dangote was the needy? … really … that is a nonsense and a cop out … Nigerians need people like Dangote for interventions
It is ridiculous that a country that spends billions of dollars in importing crude says the one who established a refinery is the one who needs them. Don't they know that these imports are also part of the exchange rate downturn?
@@mosestekper7659 those in power know everything but they are just sell outs due to the lumps they gain from the importation
Let this man talk and stop interjecting him please!
Who brought this man on tv to babble around, who's he again?
39 of 60 delivered. Sounds like 60%. Dangote is not a monopoly, infact he is a second option to the existing NNpC monopoly for PMS.
The Analyst is right. Dangote was warned.
This man reminds me of Mr festus Okoye, the INEC man .
Those sabotaging the progress of Nigeria will not die well, suddenly the NNPC is serious about Nigerian Refineries
Feasibility Study will petronise him.
He need enough cruide to start. You can not operate a machine that need 100 hour to refine 1billion liter with 1million litre. So you want him to loose money......shame...
This arise staffs don't want the man to explain, Nigerians are so emotional, Dangote always believe that the rules will be bent for him, tax holiday for Dangote?
We should not bend the rule to Dangote the get the crude oil and risk having the international oil companies who does refined one liter of crude leave our country.
How can Malta and politicians profit while Nigerians starve. There is blood 🩸 on 🇳🇬 flag 😢. I support Dangote.
I think the man is making sense oo. There is a question which he asked that the interviewers are not letting land on. Was there any agreement for the supply of crude between him and the IOCs, before building the refinery? If there was and the IOCs renege on the agreement, then Dangote has a case against them. I am beginning to see some sense in what the man is saying.
You are right. So if there was a prior agreement with the IOCs as regards supply of crude oil, then he should bring it out and possibly go to court. The man was also saying something about the Fed govt getting a bail out fund for him when he almsot got stucked, they should have allowed him to shed more light on that also.
The guest has a lot to say, but the Arise crew were just interjecting him almost every minute.
I agree with you 100%. He raised very valid points. If it is later discovered that there was no prior agreement, it would be incredibly embarrassing for Dangote. Given how Nigeria is run, it may not be impossible for Dangote to blunder like that. For now, fingers crossed until we hear the truth.
@chidimarvels : NNPC originally held 20% stake in the refinery project (during the Buhari regime) now, it holds a paltry 7.5% (which was disclosed by Dangote). Question 1: Was their 20% cash equity or could it have been (in part) the feedstock supplies?
Question 2: Why is Malta popping up in the equation (during Tinubu's regime) and this man's investigation did not cover that aspect of Dangote's complaints? Seems he was deliberately evading that question.
My Take: in the lightbof David Hundeyin's recent revelation, the man is simply "reading" a script.
@@dennisekereobong6604 I take your point. It's best we wait for the truth to be revealed. If there was no documented agreement for the supply of crude oil, it would be Dangote's fault. An arrangement is not the same thing as an agreement. Let's wait and see though
He doesn't need to have direct agreements with the IOCs. The PIA law requires local refineries like Dangote to receive all the oil they need before any thing is exported. Of course most of NNPC's share has already been used to borrow money. The IOCs who are foreign owned sell some of their crude to other countries while they also send some to their own refineries abroad which are refined and sold back to Nigeria making them doubly rich. Do you think they will like to end this system? That's why none of them wanted to buy any of our moribund refineries or build their own as Dangote did.
I can’t believe this human being.
So some people really want their country to fail?
too selfish only care about their own pockets
You explained better yet some couldn't understand
The man refused to answer the question of why the crude meant for domestic use has disappeared into thin air. We have refineries now and we cannot export the 450000 barrels for local use to earn just royalties. If Dangote refine the domestic crude for local use it is not bending the rules except if there are other local refineries being short changed. It is actually bending the rules for those exporting the crude allocated for local use and importing refined products at exorbitant cost. He has flopped in his defence of NNPC and IOCs.
Nothing Work When Politicians Are Corrupt, Just End Bad Governing
Nigerians didn’t see the input of Dangote refinery. He’s just asking for more to pay his loans and not benefiting Nigeria. Same with his cement . Yes we have Dangote but I didn’t see how he’s benefiting the systems
Why do i feel like even if the government and NNPC gives Dangote refinery everything it wants, they won't still do anything to better the Nigerian economy.
The man is an enemy of the truth. He said Dangote was asking for heavily discounted crude oil and want to put the monopoly thing on Dangote.The truth is that Tinubu is afraid of losing funds to Dangote if Dangote starts selling fuel to Nigerians .all the profit the government makes from us will go to Dangote and Tinubu doesn't want that .The logic is simple
I find it difficult to bear this man
When a man is not known to be a stammer and he begins to suddenly, He wan lie be that.😆😆
Dangote openly declared during the weekend in a statement on Twitter that said he hasn't received any Barrel of crude oil. Now you're saying he has received it and I'd he hasn't let him come and deny. This is not the right way to approach information. If he has received the crude he should definitely come out and clarify he has received it.
Some was supplied to him
Assuming he’s right about NNPC saying oil companies may pull out if they get aren’t getting enough crude. Are we then stuck w/ the foreign investors when we can do better with dangote? THIS IS REASON OUR REFINERIES ARE NOT WORKING: because of the deals NNPC made with these oil companies.
The man ended up saying rubbish. We need to stop importing petroleum products and we now have a refinery that can do it.
"Nigeria is still Mono-economy depending largely on oil as source of revenue to finance government" not to finance development and support the people.
These people's primary focus is to sustain their lifestyle. God help us.
Please arise TV stop calling such people for interview
Did I hear $650m “assistance” from the FG to support a project they weren’t a part of but got stuck along the line?
Then if the government dont want to feed dangote with local crude then let him import simple.
It's a shame.
You mean Dangote is on tax holiday and yet wabts to get crude at ridiculously low price? What's happening gangan?
It a shame... A major investment to help prevent importation of fuel hence refine locally.
Why is the govt frustrating this effort.
In simple terms "This man is a clear example of what Nigeria's problem is"!
He has come to spit rubbish based on what his corrupt masters have paid and told him to do! SAD!!!!
The time you guys spend in asking your questions are outrageous.
I like how the interviewers caged this so-called expert. Nobody anywhere else in the world would allow it's national self-interest be sacrificed so that some IOCs and their collaborators would remain happy. Why should Nigeria continue to depend on a tiny non-oil producing country called Malta when we now have the capacity to not only be self-reliant but also be a net-exporter?
If energy security is not part of Nigeria's national security then what king of country is this?
Dang this is why Nigeria is economically a drag.
This man is not a professional in any way, why should Dangote secure agreement with IOC operating in Nigeria, while the law has asked the regulators to enforce the law by asking the IOC to supply the shortfall of domestic supply to refinary if NNPCL cannot provide for the domestic crude supply quata to local refinery
He just answered the question. International oil production cartel are “lobbying” whatever it is left after the allocation used for forward purchase for loans from IMF world bank etc.!!! Read between the lines. Every speaker in this topic has said such 😊
If this man doesnt have full knowledge of the subject matter, why then was he invited for an interview in the first place? He sounds like an enemy of the state.
This Mr Shedrack just wasted my time. Please, Rufai, don't ever bring Mr Shedrack here anymore.
Have a feeling that all comments against Dangote are filtered out here !. Dangite has taken enough from the system!! He should move over this time.
NNPCians have moved into action, their media machinery is at work. This Bazonga does not know that Dangote and other refineries by 109 of the PIA have the right of first refusal. NNPC is the fourth largest and powerful ethnic group in Nigeria lead by an overlord called Mele Kyari. If you dethrone an overlord it cant change the ethnic group. NNPC is not the government. NNPC owns Nigeria.
Will they have crude oil for all those four refineries when they are finished with the repairs or the ioc will leave if they have to supply crude to those refineries? Why can’t we supply the local quota of the crude that we ships abroad to Dangote to refine locally?
The Fear Of Dangote is the beginning of wisdom..650000 barrel single refinery is super greed from someone who is new into Oil business.hes greedy
Not fair from an expert, if Nigerian refineries start working today, would they not bend the rules? How can he say he is speaking to inform Nigerians when he sounds like he's speaking against
Arise clearly wants to indict the government of the day in dangote's travails.
I now believe what some people has been saying that Arise tv is an appendage of peter obi's campaign team.
He found all the time in the world to investigate Dangote, but knows absolutely nothing about their ( saboteurs) shoddy refinery in Malta. This man is a classic clown 🤡.
There goes, Judas!
I wonder how much he was paid, must be substantial enough to go against Dangote
ARISE should bring NNPCL to answer the Malta 🇲🇹 issue. Or fund an exclusive investigation
Listening to this man showed the hopelessness of the Nigerian Situation. Shamelessly defending the indefensible.
Dangote refineries feasibility study was either not comprehensive or was not adequately studied and strategy to handle the identified challenges in thefeasibillty report. He should have known crude supplies would be a challenge
This man has been paid to misrepresent the facts. If he did his personal analysis as he claims, he’d have looked into every claim by the Dangote Refinery.
Does this man think Dangote will undertake a $20bn refinery without multiple feasibility studies. What is this man saying? What is wrong with bending the rules for a local investor? Who gave this man the mic?
How can you say that Dangote as big will not carry a feasibility. Kangaroo story. Let the IOC leave. Other countries are ready
I wonder why the Interviewers are interjecting and interrupting Light Shedrack. It looked as if there was something they didn't want Shedrack to say out there.
For goodness sake, Nigerians need to know the hidden truths behind all these cries. Something mischievous is being covered from the public while the crier continues to play on the emotions of Nigerians. Nnaemeka Obiareri has said or written about the same issue in a different way but it seems no one wants to call a spade, a spade. Someone (maybe government) should damn the consequences and speak the truth without minding whose ox is gored. If all that Light Shedrack has said is not true, Dangote's media team should counter with facts. That's how it is done in sane climes.
I will plead with Arise TV to invite Light Shedrack back and give him time to tell Nigerians what he found out from his investigation. If he lied against Dangote group, let them come here and tell Nigerians. Enough of all these playing to the gallery.
The government didnt come in b'cos they got stucked but b'cos it was the proper thing to do as a gov.t which is to own a stake of such an asset. This a lie. This asset was almost complete before the gov.t saw it was almost done and decided to own a stake
I wonder what gives him the right of reply if he is not speaking for the Government or the IOC’s?