Dangote vs Faruk and his cabal…A post-mortem
By ONOVUGBE IGWE
The Dangote refinery was seen as a game changer for the Nigeria petroleum industry…. But instead of solving Nigeria petroleum industry problems…. It is creating more problems….
Few months ago PENGASSON virtually shut down all of Nigeria for days because of the refinery…
Dangote himself confessed that if he was aware of the well fortified cabal within the Nigeria petroleum industry he wouldn’t have attempt building the refinery
But the question is…… Is Dangote refinery the problem or it’s vested interest in the industry….
Dangote said he can produce enough Petrol for all Nigeria petrol users…. But NMDPRA said he can’t
NMDPRA says Nigerians consume about 55million litres of Petrol daily…
But Dangote says it’s a lie… Putting the figure at around 35million litres daily….
I align with Dangote… Nigerians can’t be consuming more than 30 million litres daily….
Why should NMDPRA lie with such figure?….
It keeps them in the importation business….
Brazil with an economy that is over 4 times Nigeria economy, with more people having cars than Nigerians… Consume less than 40 million litres of Petrol daily….
Indonesia another richer country and more populous than Nigeria use less than 40 million litres of Petrol daily….
South Africa with more wealthier citizens and bigger economy than Nigeria uses about 20 million litres daily….
Most Nigerians have cut back petrol usage since subsidy removal….. So why is NMDPRA inflating fuel usage figures?….
NMDPRA want Nigerians to believe Dangote can’t produce enough Petrol to go round so importation should be sustain…
Last year these importers where still collecting subsidy when fuel was selling at over N1000…
Now they suddenly have the financial war chest to import petrol and sell below N800 without subsidy..
No country on Earth sell petrol below N800 without subsidy…. So where are Nigeria importers bringing this cheap petrol from?…
Excerpt they are substandard…
In an industry war between Dangote and other govt player… It is easy to pick holes in the govt players submission because they have not shown any sign of making Nigerians enjoy the fruit of their crude oil…
When Dangote bought the govt refineries….. these govt players, Labor unions and co virtually chased Dangote out of those refineries…
After 24 years Obasanjo, Jonathan and Buhari ended up spending over $10billion to repair the refineries… But none of them worked…
Yet the Dangote they chased out built his refinery from scratch and completed a $22billion refinery in record time…
If not for Dangote… Nigeria govt couldn’t have built one refinery in a lifetime…. It’s a national shame… Because the unions and govt players like NMDPRA never wanted a refinery in Nigeria…
This importers must tell Nigerians where they are getting this cheap petrol from…. Nigeria car owners deserve to know…
At current level of Dangote refinery production… It produces more Petrol than Nigeria can consume..
Govt through NNPCL should buy the excesses and store in strategic reserve…
But marketers would sabotage the effort to justify the importation of substandard fuel…
I believe Dangote need every support at this stage of our national life…. The oil Cabals are not happy with an energy independent Nigeria…
It is better to born a thief than to born a mumu – Urhobo Proverb
Proverbs are not for kids….
©Onovugbe Igwe
