Standards or Sabotage? The Dangote Refinery Debacle Explained | The Breakdown
Вставка
- Опубліковано 7 вер 2024
- Why has the Dangote Refinery stirred up so much commotion? Africa’s richest man, Aliko Dangote has hit back at Nigeria’s oil industry regulators over allegations made about the quality of products produced at his refinery. It’s the latest part in a years-long struggle to enter the Nigerian oil and gas industry.
The Breakdown with Adefemi Akinsanya ‘breaks down’ what’s happening.
#DangoteRefinery #AlikoDangote #FaroukAhmed #NNPC #NMDPRA #NUPRA #TheBreakdown #AriseNews #AdefemiAkinsanya
Subscribe to our Channel for high profile interviews. Follow us on Twitter at / arisetv |
and Instagram: / arisenewsofficial |
and Facebook: / arisetvnews |
Check out our website www.arise.tv
"The mafia in oil is stronger than the mafia in drugs"
And it's not funny
As in enh
Nope they're about the same and your government officials will allow the drugs to come in as a matter of fact they will implant those drugs in certain areas. Drugs cough syrup whatever it is they will retard the growth of the people so that they can take over Africa. Guess whose fault it will be?
People of Nigeria must stand up and defend their country you can't allow corrupt politicians who are captured by the west to destroy your legacy
They should start investing in sustainable energy instead of fighting over crude oil
The fulani are not indigenous, They won't feed you, so sit and watch them fight each other.
Imagine if Nigeria refineries were working, they would sell oil to all Africa. Nigeria will have been among the 20 richest countries in the world.
Instead the "leaders" want to be counted amongst the richest leaders in Africa while the country and the ppl continue to perish.
This is sabotage. The people of Nigeria must rise up and support Aliko Dangote by any means allowable law.
Nothing will work in that country, The fulani are not indigenous to that country.
Only the unpatriotic and insane will work against Dangote refinery at this moment in.our development.
Definitely the handiwork of stake holders in the oil and gas industry.
NNPC heal yourself from inefficiency.
The ones doing the actions are Nigerians, but through a hidden hand at the back, always remember "AFRICA IS NOT TO BE INDUSTRIALIZED AT ALL COSTS". So the ones who upholds that statement and motto are the ones doing it while hidden and they love it when the blame falls on the citizens of the relative country and not them, as the problem was with the Iraqis or Libyans or Syrians or Zimbabweans or Africans, just like the one who really take the soul and rule the soul to be taken is GOD and yet we blame on the accident.
NNPC is under control of the multinationals anyway, follow the chain and you will know.
@@saidmeku707🙄🙄🙄🙄 you can’t be serious
Not only Nigerian but Africa as a whole failed if This refinery failed.
@@RafieuBah True, thus the voices of uprising and resistance must come from everywhere in Africa.
Love the format. Well done.
I think it’s sabotage
I knew from day one he would have an uphill battle. Please hang on Mr Dangote, we are rooting for the success of your magnificent product. You have been blessed by God Almighty with sense and ability. The breakthrough is coming❤
This edit was fire
This is premium content Arise News. I see why Otedola always support you people.
Love your work and how detailed it is from Cameroon ❤🇨🇲
Dangote should have come to invest in Tanzania, where the state would have protected his investment for strategic and economic reasons.
😂😂😂😂😂
Nigerian government won't value Dangote until they lose him to other African Countries.
How can it be monopoly of NNPC has 4 refineries, Dangote has 1, Waltersmith has 1, BUA has 1 and we have many smaller scale refineries.
NNPC and their cronies purposely made NNPC’s 4 refineries moribund so they can keep importing fuel ⛽️ now someone is building a refinery that may render their imports needless they are kicking against it. If you don’t want Dangote to “Monopolize” then fix your 4 refineries, issue permits to other refiners to also enter the market and compete.
EXACTLY
They can try to sabotage Dangote but he is anointed by God to save us and open our eyes that the greatest enemy in Alkebulan is within and has always been within
Foreign interests are the problems to serious local african investors like Dangote, Dangote take heart, we shall finally defeat foreigners sabotages, we just need to keep fighting. I remain Martin Akampurira in Uganda
Well Done Arise TV. You are doing well.
Well Done Newscaster. Great Presentation
I want the protestors to make this one of the demands
Nonsense, we are not protesting for Dangote but for Nigeria
Protesting for Dangote's refinery to start working unhindered is for and not against the interests of the masses, please wake up.
If you don't know the effect of Energy security and it's impact on inflation, then I don't know what to say
@@ifeoluwaoni7999 we all know the importance of energy security. But the thing is a good refinery pale when compared to the effects of good governance. What if Nigeria don't have crud oil. Or don't you see that the IOCs are the ones in control of the oil in Nigeria. They have also tried to hinder Dangote from getting crud oil from other countries at an affordable price.
The main issue is good governance, now you all are trying to center the whole issue on a private company.
Most Nigerians are just foolish, when have you seen people in developed countries protest for a private company.
With good governance, we wouldn't need Dangote at the first place.
Also note that Dangote doesn't want our refineries to work either, it is directly against his business interests.
@@emmanuelaliji3497 Respectfully, we will not get good governance overnight. That will take almost a solid generation. Why not today support a fellow Nigerian who has invested billions in trying to improve our oil situation, in order to encourage other investors to invest in the country?
@emmanuelaliji3497 When I read the idiocy of your comment I start understanding why South Africans burned some. You don’t want to develop your country, only moving to other people countries. Dangote doesn’t have an house abroad only in Nigeria, build and expend in Nigeria. Became the richest black man in the world and you guys don’t protect someone like that. Each country deserves its leader
Can we have more of these type of explainers
O God, let the oil Mafia not live. The blood and tears of poor Nigerians they have destroyed are crying unto you. Pls hear their cry and save us.
Adefemi Akinsanye, my Harvard product you did a good one here.
Excellent reporting, Nifemi.
The main issue with our oil and gas are the IOCs they are the instruments of neo colonialism.
They are the main issue, Dangote didn't involve them that is why little to no refinery is working on west Africa and Africa at large.
This is an eye opener, we need a strong leader that will push back.
Look at how international companies don't want to give him crud oil that should tell you everything.
Sabotage .obvious .it's shameful for All Nigerians not to support dangote against oil cartel
The ones doing the actions are Nigerians, but through a hidden hand at the back, always remember "AFRICA IS NOT TO BE INDUSTRIALIZED AT ALL COSTS". So the ones who upholds that statement and motto are the ones doing it while hidden and they love it when the blame falls on the citizens of the relative country and not them, as the problem was with the Iraqis or Libyans or Syrians or Zimbabweans or Africans, just like the one who really take the soul and rule the soul to be taken is GOD and yet we blame on the accident.
We support him totally
Excellent presentation by Arise News. It's definitely sabotage
It hurts to daydream of better things for us Africans. Our politicians make me sad.
Kudos to Arise TV and the presenter. Well articulated .
The man doing this Farouk Ahmed.
If the refinery is up to standards than lets proceed, however just because someone is rich they should not be given an pass on everything.. things need to be regulated
This is sad for Africa.. Nigeria have not just undermined it’s own son but have also destroyed its reputation to potential investors. Africans aboard will use this as an excuse not to invest back in their countries and they are right to fear.
Totally correct … it’s an embarrassment
Who are the poeple doing all this,the hausa Fulanis mafia,this time Around they are hurting their own, Nigeria have a lot of people richer than dangote that can make nigeria dubai,Nigeria should be divided.
Now I see why Nigerian government was/is so much against Traore. They can't like Dangote
We love Dangote ❤️ we support him ❤
Obvious some major politicians want a guarantee of payment from Dangote. That is the issue. The evil within. Nigeria what is going on. They are not concerned about the monopoly. The government doesn’t want the free market to help stand the industry upright to expand the economy.
Sabotage!
Shameful! We Ghanaians thought much better if you… get it off Nigerians, and let our people be free.
Let Dangote operate!!
Stinks of sabotage. The wrench is overwhelming 🤮🙄
No matter what Nigeria hav to support him as long as they're playlist then what they are paying abroad important the same product....
Nigerians should rise up and demonstrate against the cabals.
Giving dangote the monopoly he wants will make the price of fuel very expensive for all Nigerians
Genz should teach a lession to these oil mafias
African fighting against development, greed from the officials. These all corrupt officials need to retire. They are the cause of Africa economic freedom.
Its should unequivocally be leveled as sabotage. Nothing more
More explanatory content like this please 🤲🏾
There is sabotage, no doubt. Nigerians will definitely suffer the consequence of the bad act on Dangote.
Dangote must not fail!!!!
Who added the background music? Why now, I want to hear my news in peace.
real old crabs always destroy their own to favor the muzungus,cheap morals sold for a few dollars
For such great effort all patriotic people of Nigeria should stand behind this guy not because he is rich ,but simple because he is doing the right thing
This should benefit the continent of Africa one way or the other
For one it is a breath of fresh air to see someone from the continent making such a great effort ❤❤❤
Tell the old people gen z is coming for them
Imagine what people with less money and influence go through while trying to add to the GDP while creating jobs with value chains. Quite a struggle 😢
Nigerians haven't suffered enough, it took a Genocide for us Rwandans to change, its sad to say it, but for Nigerians to wake up it will take even more deaths than what happened in Rwanda. May God have pity on you.
Why is corruption so rampant in Nigeria?
It has nothing to do with standard but sabotage.
Lets be honest, history does not lie.
When Dangote took monopoly in tomato paste manufacturing, the price was hiked. When Dangote took over cement production in Nigeria, the price hiked, the same happened when he started producing suger. Now he will take over petroleum....what has the past thought you
Any nation that depends on importation to meet the needs of its people will never experience sustainable economic growth and development. You cant continue to be importing cheap and heavily govt subzidized tomato paste, cement etc from foreign countries into Nigeria and then compete in terms of pricing with local manufacturers. In international trade, just as free competition is important, so also is fair competition important if not more. Its not just about free competion but fairness of the competition. Products imported from overseas are cheaper but in actual fact, they destroy local economy. When you import, you create job overseas and import mass unemployment into the local economy and unemployment results in socioeconomic crises. Support Dangote. If any business wants to compete with Dangote, let them set up industries locally and compete with him. People like Ibeto didnt have local cement manufactring plants in Nigeria, he was an importer which was why Dangote took him to court and his license was withdrawn. Let Ibeto and others who want to compete with Dangote build local factories and compete and this will bring about economic development nd prosperity for Nigerians and Nigeria
So many unanswered questions by both parties, the truth must be told, the regulator must be transparent and back it's decisions with facts while Dangote should be open and transparent in it's operations.
@@ifeanyiagbata496
There was an opportunity to answer all the concerns by both parties during the feasibility stage, not at the commissioning. I’m not Nigerian however I’m a concerned East African. This is embarrassing not only to Nigeria but the whole Africa, it undermines us all.
@@kwaiguet2525
I'm a South African and this upsets me too!!
When will we Africans choose economic independence from the West?
Journalistic at its peek 👍👍
A sick country... I will not be surprise if Tinubu has a stake in fuel important.
Tinubu own a refinery in Malta, plus all other Nigerian with license on oil and gas. This men are the biggest headache we have in Nigeria
Tinubu is a major stakeholder in the oil and gas industry without being told.
Follow the money.
This is fuel imports to Nigeria from Malta over the past 10 years:
$59.98m in 2014
$117.01m in 2015
$13.32m in 2016
$00.00 from 2017 to 2022
$2.8bn in 2023
A 342% increase from $47.5m in 2013.
WHY ??? .... Why the sudden massive increase from Malta in 2023 ???
@@WorlTrampAll these have been debunked. The main issue with our oil and gas are the IOCs they are the instruments of neo colonialism.
They are the main issue, Dangote didn't involve them that is why little to no refinery is working on west Africa and Africa at large.
This is an eye opener, we need a strong leader that will push back.
Look at how international companies don't want to give him crud oil that should tell you everything.
@@emmanuelaliji3497 … Thank you, however, you are factually incorrect. These figures come from The International Trade Council's Trade Map. Furthermore, Economic Confidential reports that the data published by Statisense aligns with Trade Map, a global database on international trade.
Those claiming Dangote’s move is creating a monopoly in Nigeria are unpatriotic; it stand to stampede and discourage indigenes who wish to invest more to better Nigerias economy.
‘The mafia in oil is stronger than the mafia in drugs’ as said by Mr Dangote
This is a perfect representation of all things wrong with Africa. We will never grow and move forward because all we care about is self interests, we are selfish and do not care about everyone else but ourselves. Imagine where nigeria would be if 'they' stopped fighting Dangote's efforts to make nigeria self reliant. Smh
great video 🔥
They're not going to get the chance to play around with the money again that is the problem
Dangote should run for president of Nigeria… simpke
Nigeria is sick!!😮
Forget the saga, this lady speaks good English.
Most Nigerians should wake up! It's stated that not everything that glitters is Gold! A country that only favors the few while the majority are struggling will not help the economy. A country where the few favored individuals are happy to be in that position and are comfortable to know that the country depends on them is not a good thing and will not improve the economy. A country will and can only develop when the citizens are all giving equal opportunities to succeed with no bias involved. Dangote's refinery or whatever, cannot benefit the citizens and cannot improve the economy of Nigeria!
Peter, even a fool can see that Dangote's refinery will improve the Current Account in Nigeria's Balance of Payments!!
What's wrong with you Nigerians!!!!
I'm way down south here in South Africa, and it upsets me that you Nigerians are more happy to see Dangote's refinery fail, than Nigeria progress.
Mumu as you old reach you no get single sense.
Did you learn economics in school at all?
Many naira is chasing the cartels little/few fuel why do you think fuel price goes up every December ? And you have to go queue up for it?
Didn’t you hear that you brother in the fuel cartel will look his depot and go home just so they’ll be scarcity and price will go up. Then they’ll open the depot and sell all their old stock for the new high price.
Dangote’s refinery will stop all that none sense, once cartel lock their depot for Christmas everybody will turn to Dangote, BUA, waltersmith etc. it will reduce price of fuel
It will also stop your over dependence on US dollars
Currently when you want fuel the fuel importers will go and collect US dollars so they can get fuel increasing demand of US dollars in Nigeria and negatively affecting the naira
As a result of this when ever Dollar goes up price of fuel in Nigeria goes up and when that happens all goods also go up due to increased fuel and transport costs.
As it is no country on east will accept your useless naira to refine oil and gas for you because of how much value it loses daily only Dangote will accept naira from Nigerians to refine oil for Nigerians so you better wake up.
Dangote is merely the pathfinder/front runner because no one else has the capacity (money, business acumen, risk taking ability and expertise) that Dangote has but immediately Dangote started his refinery BUA followed others too are waiting to see it he succeeds they’ll enter as well.
So don’t allow your hate for Dangote and rich business men in general to becloud your sense of reasoning and judgment.
The Place Of CLIMATE CHANGE not Highlighted in the stroy🎉🎉❤❤❤🎉🎉❤❤
Mr Dangote start praying burning 🔥 that night oil in prayer. Fasting and Prayer asking the LORD JESUS CHRIST for guidance and protection. Any enemy they might come one way but flee 7 different ways and put everything in THE HOLY SPIRIT hands, every meeting, every business deal, all of your business, your life and travel.
Why?
No one and no power is stronger than the HOLY SPIRIT. Mr Dangote put THE HOLY SPIRIT above you in your Businesses. Let HIM bee your SENIOR PARTNER. Consult HIM about all matters.
An explained video similar to “Start Here” by Al Jazeera.. Quite modern and innovative actually..
You too WHAT DO YOU THINK?
That thing you are thinking is what I am thinking.
This is very good
Politics and a bunch of corrupt individuals who want to be greased..how crazy is that?
0.21 Is there a better sketch than that
Great content
I think it's sabotage
We're not a serious country. 🤦🏽♂️
They only after their pockets
99 percent of the planet know how to benefit from their own resources. Only in Africa does the question of resource curse arise. Because detractors fear you might wake. Contracts can be rescinded on national security/policy grounds. Or, even basic unfairness. No one has a right to keep Nigeria dysfunctional. Best of luck to the one man challenging our default position of stupor.
Even the blind can see.
Fantastic Video
Informative Information for knowledge seekers listening is an important asset.
GET INFORMED THROUGH THE LEARNING PROCESS NEEDED FOR OWNING OWN GOOD KNOWLEDGE LEARNED THROUGH THE INFORMATIVE LISTENING INFORMATION FOR LASTING SATISFYING KNOWLEDGE CONCLUTIONS. CONTINUE LISTENING AND GOOD LUCK.
What nonsense is this Nigeria. Can you support this african Hero pls
Viva dangote
Sabotage
Tinubu has a refinery and blending plant in Malta and will want to frustrate local refineries to operate.
The northerners will not allow this slide easily.
Dangote versus tinubu boys war gas just begun.
Papa Dangote president of Nigeria 2025!!
OPEC na nchi za wazungu zinahujumu biashara ya Aliko Dangote. Waafrika hatutokubali hilo.
CLIMATE POLLUTION could be part of the hidden screet behind the unravelling story🎉❤❤❤❤🎉🎉❤❤
go and tell this to Saudi Arabia and other oil producers, Africa needs development
The answer is only three words......."The African Problem" (T.A.P)😢😢😢
Come to East Africa. We welcome all kinds of Investments from Patriot Africans.
There should also be other issues related to OPEC, BRICS and other Govt and International Stakeholder Interest Groups and Investors which might also include even Environmental Interest Lobbies that have been looking at the Oil Exploitation Areas for a very long time.
Western Industrialized Nations these days, are highly interested in such matters as Environmental Social Governance as part of CSR and in light of the recent signing of the Samoa Agreement by several African Countries, this may have also been part of the package of the Samoa Agreement, i.e. the inclusion of ESG in CSR.
What the fuck does she mean "What do we think?????? I expect YOU to already have the FACTS!!!!!!!!
1:10 Why have we spent 12trillion on this stuff. Sell it off.
It really is an oil mafia seeking to frustrate his efforts
I wonder were all the trillionaures who have robbed Nigeria are doing with their money cause this is wickedness
The location is near from were people are living.
I think this gvt forgets the downstream buisness that will come out of this do they understand how many products that come out of crude oil smh this is some serious crab bucket mentality by the nija gvt this is sad seeing a fellow African who's an inspiration to use in Africa
Africa (Nigeria) doesn't want to grow 😢😢 it is ashamed at all measurements
No, it's the ruling elite.
They only care for their own personal pockets, not for the country
Corruption will destroy Africa
## Africa leaders shame on to you
Local refining won't really make the product cheaper! Local refining is supposed to reduce Nigeria's foreign currency demand.
It's doubtful you understand economics and business.
A sabotage and an insult to us as Nigerians
Zambia and congo consumer alot of oil just export it here
At this rate, the Dangote Refinery will end up benefiting other countries outside Nigeria, due to local political pressure. The Refinery is disrupting the status-quo of certain beneficiaries.
"THE REAL QUEST IS; IS JOHN D ROCKEFELLER REPLICATABLE IN THE 21ST CENTURY?" ❤🇬🇧❤
Luckily JOHN D ROCKEFELLER was not African , otherwise he failled … we all know how Africans themselves block their champions in their own countries
Where is Genz
Double standards and hypocrisy. Technology advancements can curtail corruption good case studies include Chile, South Korea, Georgia, Colombia and Costa Rica.
Nigeria is not capable of developing. I feel sorry for Dangote. He made the biggest mistake of his life.