Nigerian and Africas richest manĀ Aliko Dangote comes under criticism once again as a Nigerian decides to bring his accusations to the fore.
Dangote, no doubt has contributed to the Nigerian economy immensely and a proud son of the soil, however, most Nigerians are really complaining about some undue advantages he often gets from the Government which he keeps benefiting at the expense of other manufacturers in same cadre.
Below are the what an enraged Nigerian, Obiareri Nnaemeka wrote about Dangote’s company.
“š¢DANGOTE HAS NEVER EXCELLED AND DOMINATED ANY SECTOR OR MARKET , WHERE THERE IS FAIR AND HONEST COMPETITION …NEVER !!
āļøOver the last couple of years, the DPR, and now NMDPRA has always placed a rigid restrictions on the spec of white Petroleum Products, that any company can produce or bring into Nigeria…
āļøThe quality specifications for all the white Petroleum Products, that are supposed to come into Nigeria or refined here, from the pms, to the gasoil to the DPK, have been clearly spelt out..
āļøAll the refiners, from OPAC,to Waltersmith to Edo Refinery to Niger Delta Refinery have maintained and adhered to this quality specifications…
āļøGlobally, the lower the sulfur content of the gasoil [commonly known as Deseil], the more expensive it is …
āļøNow, out of the blues, the Dangote Refineries came into the picture… They neglected the Refinery of the pms , to which they were so hyped as coming to reduce the price , and delved fully into the production of gasoil .
āļøTo gain unfair advantage , over the other modular refiners and marketers of the white Petroleum products, they went into productions of gasoil , whose sulfur content specifications, were way off the specs recommended by the NMDPRA…
āļøWhat did the NMDPRA do? Rather than compel Dangote to refine the gasoil to meet , the sulfur content specifications, that it abinitio approved, they offered him a waiver …
āļøAn undue advantage, over the other competitions in the market…
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āļøJust point out to me , anywhere in the whole world, where such undue advantage is conferred to one entity over others.
āļøCan Dangote Refinery produce AGO to meet the already required sulfur content specifications? The answer is yes
āļøWhy are they not producing it, to gain unfair price advantage ..
āļøThe mostly ignorant media practitioners have been all over the media space hailing and prancing that Dangote crashed AGO prices…
āļøThere are many operators in the system, who legitimately brought in the proper specs Products at a higher cost …They will suffer losses and there will be job losses
āļøFair competition, where there is huge Production over demand, price will crash always…but this kind of unfair games by the regulator, is pure ojoro
āļøPresident Bola Tinubu Government, should borrow a leave from President Yar Adua and stop this kinds of unfair trade games..
āļøWhy is he not crashing the price of Cement, [ that has 90% local inputs raw materials down to N5000?]
This madness must never be allowed to fester in this system …never
High sulphur diesel cause of Dangote Refinery price slash ā S&P Global businessday.ng/news/article/hā¦