WEBVTT 1 00:00:04.320 --> 00:00:08.720 Hey, I'm good evening. Everyone. Welcome to another money space 2 00:00:08.800 --> 00:00:11.560 with me, carlu Agra. Of course, on our space we're 3 00:00:11.599 --> 00:00:15.080 talking money, the economy and finance. We want to take 4 00:00:15.119 --> 00:00:19.440 those topics socio economy topics, make them easier digestible so 5 00:00:19.480 --> 00:00:22.399 that way become a better investor and of course a 6 00:00:22.440 --> 00:00:27.039 better citizen. Clearly, this week we had a different topic 7 00:00:27.160 --> 00:00:29.320 plan that we had to sort of like talk about 8 00:00:29.359 --> 00:00:31.039 this topic today because I think it is the most 9 00:00:31.120 --> 00:00:36.039 important economic story in Nigeria today. We're talking to dango 10 00:00:36.039 --> 00:00:39.560 tape versus the petroleum unions. All that's if you think 11 00:00:39.600 --> 00:00:42.600 it's just to the unions, Because what this space is 12 00:00:42.600 --> 00:00:44.520 going to try to do today is you try to 13 00:00:44.679 --> 00:00:48.280 perhaps go back and sort of trying to give you 14 00:00:48.399 --> 00:00:51.759 the listener right an idea of what really is happening 15 00:00:51.799 --> 00:00:56.079 in the country. Ris regards to Dangota refinery as regards 16 00:00:56.119 --> 00:01:00.079 to the divorces that I've sort of been ahead of 17 00:01:00.079 --> 00:01:04.359 that refinery being you know, should we say stumbling block 18 00:01:04.560 --> 00:01:07.920 as it were. I think if we give a picture, 19 00:01:08.120 --> 00:01:13.040 a fuller or more complete picture, it equips you, the observer, 20 00:01:13.280 --> 00:01:18.000 the taxpayer, with more. That's a point through to reach 21 00:01:18.120 --> 00:01:21.599 an analysis. There's so much on Twitter. There's the Union side, 22 00:01:21.640 --> 00:01:24.200 there's the Dangloteris side, and they are those in the middle. Right, 23 00:01:24.760 --> 00:01:27.319 what I want to try to do this evening is 24 00:01:27.359 --> 00:01:30.599 try to show you at least what's going on. I 25 00:01:30.640 --> 00:01:32.840 will try to be as fair as possible, but it's 26 00:01:32.840 --> 00:01:35.359 gonna use that that's out there for everyone to see. 27 00:01:36.079 --> 00:01:39.239 So let's talk about the Dangoti side. Then we'll talk 28 00:01:39.280 --> 00:01:42.079 about the Union side, and the Nail side is going 29 00:01:42.159 --> 00:01:44.280 to be the story per se. Right, we'll try to 30 00:01:44.840 --> 00:01:48.680 do very balanced. Cast your mind back to last year 31 00:01:49.359 --> 00:01:54.560 or even before that, Dangote. Even before that, Nigeria had 32 00:01:55.519 --> 00:01:58.159 a refinery. The first refined nager was built by a 33 00:01:58.200 --> 00:02:02.840 foreign company called Shell. That's they built that refinery. Then 34 00:02:02.920 --> 00:02:08.319 Nigeria change the laws, nationalized oil industry and an NPC 35 00:02:08.560 --> 00:02:12.639 Nigeria National before it was n NC and the NPC 36 00:02:12.840 --> 00:02:16.960 then built four refiners in Nigeria and reportacles in worry 37 00:02:18.280 --> 00:02:22.520 in Kaduna. Four refineries, right, and we were all good. 38 00:02:22.879 --> 00:02:27.680 The refiners all broke down and were not fixed. We 39 00:02:27.719 --> 00:02:31.919 didn't have to import premium motor spirits, patrol and of 40 00:02:31.919 --> 00:02:35.639 course diesel ago when we imported at first, it was 41 00:02:35.680 --> 00:02:37.840 not really much of a problem because the price of 42 00:02:37.919 --> 00:02:42.199 crude oil was so low that the moment subsidized the import. 43 00:02:42.280 --> 00:02:45.000 It didn't really an effect of the budget. But when 44 00:02:45.039 --> 00:02:48.759 you fast forward to say the early two thousands, the 45 00:02:48.960 --> 00:02:52.840 impart of this subsidy i e. The subsidies. When you import, 46 00:02:53.840 --> 00:02:58.280 Nigeria places a rebutary price on how much it details 47 00:02:58.840 --> 00:03:02.840 gascline products. So for instance, Nigria can say the price 48 00:03:02.919 --> 00:03:06.319 of retail gasoling is going to be fifteen ira. If 49 00:03:06.319 --> 00:03:10.000 we were important at ten eerra, there's no subsidy. But 50 00:03:10.240 --> 00:03:14.479 once the price of the import exceeded fifteen era, which 51 00:03:14.560 --> 00:03:17.319 was driven by the price of crude oil, then of 52 00:03:17.360 --> 00:03:19.759 course we then have to pay a subsidy. So the 53 00:03:19.800 --> 00:03:23.199 price of crude oil and imports rose to sixteen er 54 00:03:23.879 --> 00:03:27.240 and the retail price was pegged at fifteen ra. That 55 00:03:27.479 --> 00:03:31.120 meant that Niger had to subsidize with ten ra, and 56 00:03:31.159 --> 00:03:33.560 we've been doing this for years. When you get to 57 00:03:33.599 --> 00:03:36.520 the two thousands, you then get tosition where the cost 58 00:03:36.680 --> 00:03:40.960 of the subsidy, the cost of the subsidy was now 59 00:03:41.120 --> 00:03:44.479 more than what Niger was spending on health and education 60 00:03:44.759 --> 00:03:49.400 combined combined. So something had to give. So we had 61 00:03:49.400 --> 00:03:51.400 to take away the subsidy. But even if you remove 62 00:03:51.439 --> 00:03:56.680 the subsidy, unless you refined locally to cut down those costs. 63 00:03:56.960 --> 00:03:58.800 You are thinking at the mercy of the international parts 64 00:03:58.840 --> 00:04:03.080 of crude oil and the eging rate. So Niger had 65 00:04:03.120 --> 00:04:07.120 issued about thirty eight refinery licenses to everyone to build 66 00:04:07.120 --> 00:04:12.120 a refinery. No one had. Dangote ten or fifteen years 67 00:04:12.120 --> 00:04:16.000 ago decided to build a petule refinery in Nigeria and 68 00:04:16.040 --> 00:04:18.519 it was an integral refinery, so not just to refine 69 00:04:18.560 --> 00:04:22.000 petroleum but also petrochemicals you reapertilize that were using gas 70 00:04:22.040 --> 00:04:25.199 and all that. That's a long term project and from 71 00:04:25.240 --> 00:04:28.959 that date he started, it's been issued. I would categoriarly 72 00:04:29.000 --> 00:04:31.759 state that the Central Bank of Nigeria under God and 73 00:04:31.759 --> 00:04:34.639 the Mephiel paid the key role in the suck of 74 00:04:34.680 --> 00:04:37.519 the refinery that Dangote had today by giving him forests. 75 00:04:37.600 --> 00:04:40.199 Back then, there was no forests to give anybody. But 76 00:04:40.279 --> 00:04:42.120 the Methane was like, well, I'm going to make this 77 00:04:42.399 --> 00:04:45.079 refinery a priority project. We're going to give you for 78 00:04:45.240 --> 00:04:47.600 ESTs to build this because when you build this refinery, 79 00:04:48.000 --> 00:04:50.480 you're going to pay us back by your exports of 80 00:04:50.519 --> 00:04:54.000 crude oil. Which is exactly what's happening today. So Dangote 81 00:04:54.120 --> 00:04:57.519 eventually got the refinery built, it was commissioned. Is the 82 00:04:57.600 --> 00:05:00.800 largest in Nigeria, the largest in Africa, things second largest. 83 00:05:00.879 --> 00:05:03.560 You look at Subahan Africa and even the snowball. I 84 00:05:03.600 --> 00:05:05.800 think the ones in India are larger. Apart from that, 85 00:05:06.000 --> 00:05:09.639 is that firing, so that refinery is working. What has 86 00:05:09.639 --> 00:05:12.600 the refunity done for Nigeria? You look at your naira. 87 00:05:12.759 --> 00:05:14.839 We've been going back and forth on Twitter over the 88 00:05:14.920 --> 00:05:18.279 nira valuation. The narror is getting stronger. Why is it 89 00:05:18.319 --> 00:05:21.600 getting stronger? There is less demand for dollars. Why is 90 00:05:21.600 --> 00:05:24.399 a less demand for dollars? Because there's less demand for 91 00:05:24.600 --> 00:05:28.800 to import the largest important nine gelgies pms. Because Dangote 92 00:05:29.680 --> 00:05:33.959 is importantly crude all himself refining to do PMS locally, 93 00:05:34.000 --> 00:05:37.839 there's less demand to import pms. Nigeria has three main imports, 94 00:05:37.920 --> 00:05:43.360 PMS and food. We've reduced the pms, import pms as 95 00:05:43.399 --> 00:05:46.079 pmis agu and all that with don go to refine it, 96 00:05:46.160 --> 00:05:50.360 not just have reduced it. We're exported. So the strength 97 00:05:50.360 --> 00:05:53.360 of your naralius to today is partially because what Dangota 98 00:05:53.439 --> 00:05:56.639 is doing on the export market side. Number two, we're 99 00:05:56.680 --> 00:05:59.319 exporting you refertilized that you look at the the with 100 00:05:59.480 --> 00:06:02.639 the strength of your non oil exports, there's an argument 101 00:06:02.720 --> 00:06:05.680 if we should tempt your rear fertilizer as non oil. 102 00:06:06.000 --> 00:06:08.720 But when you hear them say we've met our target 103 00:06:08.800 --> 00:06:12.720 with non oil, they are referring to your real fertilizers 104 00:06:13.079 --> 00:06:16.920 element petrochemical. So it's a dango TIS side as well 105 00:06:16.920 --> 00:06:20.079 that is exporting this petrochemical as also making your norm 106 00:06:20.160 --> 00:06:23.639 oil god. So your your NYRA is stronger because now 107 00:06:23.680 --> 00:06:27.319 we have a refinery locally. Your non US has gone 108 00:06:27.319 --> 00:06:30.040 on because I have refinery locally that does not come 109 00:06:30.079 --> 00:06:33.680 to specifically what has dangle you tried to do that 110 00:06:34.000 --> 00:06:37.560 it has a standalone refinery. If you do a refinery 111 00:06:37.639 --> 00:06:40.319 anywhere in the world, you simply have guys drive to 112 00:06:40.399 --> 00:06:43.920 your refineries and buy the goods in bulk. So you, 113 00:06:43.959 --> 00:06:47.600 as a fuel fuel station can say you want a truck. 114 00:06:47.839 --> 00:06:50.199 You don't own the truck, you own the station. A 115 00:06:50.360 --> 00:06:53.720 truck will come to the refinery, take gas, go to 116 00:06:53.759 --> 00:06:57.879 your station and keep your gas to sell. So three folks, 117 00:06:57.920 --> 00:07:02.079 the refinery, the gas station, and the trucker. But in 118 00:07:02.199 --> 00:07:05.920 nineteen all these things are all should we say, principalities 119 00:07:05.920 --> 00:07:08.800 and powers. The truckers are their own powers. If the 120 00:07:08.839 --> 00:07:12.879 truckers go on strike, your refinery is useless. The guys 121 00:07:12.879 --> 00:07:15.680 that sell the petrol are also their own principality because 122 00:07:16.079 --> 00:07:19.720 they have also can agree not to sell your refined products. 123 00:07:19.920 --> 00:07:21.560 So what Dango to his trick was trying to do 124 00:07:21.680 --> 00:07:24.959 now was I'm gonna build a refinery. After he built that, 125 00:07:25.120 --> 00:07:28.079 he then saw that listened. They are issued the distribution 126 00:07:28.240 --> 00:07:30.639 because this young guy says, hey, we wanted you to 127 00:07:30.680 --> 00:07:33.959 build a subsidy that the government was supposed to have 128 00:07:34.040 --> 00:07:38.079 paid them. About this is Dangoti's own side. About one 129 00:07:38.079 --> 00:07:40.680 point five trillion director says hey, I'm I going to 130 00:07:40.720 --> 00:07:42.839 pay that subsidy. So he then goes in and imports 131 00:07:42.879 --> 00:07:46.920 his own about four thousand rights to do to his 132 00:07:47.040 --> 00:07:50.480 own petrol. What about the guys that are owned this 133 00:07:50.600 --> 00:07:54.560 first stations Again, I'm talking broadly. Those guys kept on 134 00:07:54.839 --> 00:07:58.600 important pms even though we have a refinery in Nigeria. 135 00:07:58.959 --> 00:08:03.120 So if you back up, what do you see this Nigeria? 136 00:08:03.040 --> 00:08:06.720 This nation has said we want to conserve the foid extreena, 137 00:08:06.800 --> 00:08:09.120 we have want to make it and Ira go up 138 00:08:09.160 --> 00:08:13.120 in price. We've now built a refinery locally in Nigeria 139 00:08:13.639 --> 00:08:17.040 that allows us to remove PMS imports, which were the 140 00:08:17.160 --> 00:08:21.279 largest components of our imports come to Naira. We also 141 00:08:21.319 --> 00:08:24.240 supported Dangot in Dangot, we're going to sell you this 142 00:08:24.399 --> 00:08:28.160 crude oil in Nigeria in Naira. Why in Iraq? Because 143 00:08:28.199 --> 00:08:32.279 we wanted Dangote to getting that cruel in ira and 144 00:08:32.360 --> 00:08:37.240 of course sell locally in Naira. Why so the cost 145 00:08:37.360 --> 00:08:40.919 to you will come down. So I joined as to 146 00:08:40.960 --> 00:08:45.320 that Induga refinery is operational, the cost of every Nigerian 147 00:08:45.399 --> 00:08:47.840 will come down. That's number two what we dinos, So 148 00:08:47.840 --> 00:08:50.879 we give him four x, we give him the crewel 149 00:08:51.000 --> 00:08:54.960 in nira And were also invested in Dangota Refining. Where 150 00:08:55.000 --> 00:08:58.440 when we any Peace Wilos to take twenty percent share 151 00:08:58.519 --> 00:09:02.360 in Dangota Refining because was that strategic? So an Episo 152 00:09:03.039 --> 00:09:08.399 percent then will sell the Dangote oil in nira Then 153 00:09:08.440 --> 00:09:10.919 of course will also give Dangote dollars to also build 154 00:09:10.919 --> 00:09:14.080 a refinery. But what's the reality. An Episo could not 155 00:09:14.159 --> 00:09:17.960 pay twenty percent, They could only pay seven percent. Number two, 156 00:09:18.039 --> 00:09:21.240 Dangote is paying for the crude oil but he is 157 00:09:21.440 --> 00:09:24.480 pain in dollars, not just in dollars. He is paying 158 00:09:24.559 --> 00:09:28.399 to ten parties. So that's not buying crude oil directly. 159 00:09:28.440 --> 00:09:31.320 He's buying from the folks that have already put oil 160 00:09:31.480 --> 00:09:35.679 from Nigeria at a premium. That's number two, right, So 161 00:09:35.919 --> 00:09:40.080 all these costs have added back to Dangote's cost Number three. 162 00:09:40.240 --> 00:09:40.679 Go back. 163 00:09:40.720 --> 00:09:45.759 Now we're going to start Previously last year, the government's regulator, 164 00:09:45.919 --> 00:09:49.600 the government's regulator came out and said Dangote was sending 165 00:09:49.720 --> 00:09:54.440 substandard pms and diesel. This is the government's regulator, Nadian 166 00:09:54.799 --> 00:09:57.799 Adam belonging right. Regulator came out and said it and 167 00:09:57.919 --> 00:09:59.919 then had to do tests. You should at he's the 168 00:10:00.039 --> 00:10:03.159 years old had very very low impurities At the House 169 00:10:03.159 --> 00:10:05.600 of Assembly. Guys also went there as well, and the 170 00:10:05.679 --> 00:10:09.200 dad the exercise and had they confirmed years thanks to 171 00:10:09.360 --> 00:10:12.000 us selling diesel that was at the high European I 172 00:10:12.080 --> 00:10:15.720 think it was Euro five standards and all that fantastic. 173 00:10:16.360 --> 00:10:20.080 After we crossed that ladder, what happened next We had 174 00:10:20.159 --> 00:10:24.320 the local object as the petroleum marketers saying that they 175 00:10:24.399 --> 00:10:27.440 want to keep on importing pms because it was cheaper 176 00:10:27.519 --> 00:10:30.320 to import pms and you guys would know. The first 177 00:10:30.360 --> 00:10:32.919 time really we've seen Nigeria when the prices of crude 178 00:10:33.000 --> 00:10:35.399 of PMS has gone down was when we had the 179 00:10:35.519 --> 00:10:40.519 competition between Dangote and the local guys that sell PMS. 180 00:10:40.879 --> 00:10:43.240 So there was this competition that went on that what 181 00:10:43.480 --> 00:10:46.120 would do the surprise, they would reduce their prize. But 182 00:10:46.399 --> 00:10:49.960 what was curious to me was that the local guys 183 00:10:50.120 --> 00:10:54.399 were still able to get dollars to import PMS. This 184 00:10:54.480 --> 00:10:57.039 is national said that we want to sort of stop 185 00:10:57.159 --> 00:11:01.039 import and we have the refinery, but the local PMS 186 00:11:01.240 --> 00:11:04.279 guys were still getting dollars. Remember this is a country 187 00:11:04.320 --> 00:11:07.399 that stopped the imports of rice or stop selling dollars 188 00:11:07.480 --> 00:11:10.879 to rise important because we want to provide a subsidy 189 00:11:11.000 --> 00:11:14.639 to local farmers. We closed our borders right, but we 190 00:11:14.759 --> 00:11:21.320 suddenly changed and allowed local importers to import PMS even 191 00:11:21.360 --> 00:11:24.480 though we had the largest refinery in Nigeria. So number one, 192 00:11:24.720 --> 00:11:28.559 the regulator said his products were substandard. Number two, he 193 00:11:28.799 --> 00:11:32.360 was openly being competed against by ninetels that did not 194 00:11:32.559 --> 00:11:37.120 have a refinery. There is only one functional large scale 195 00:11:37.159 --> 00:11:40.240 of fine Nigia, apart from the one in with the 196 00:11:40.279 --> 00:11:43.240 one in Niger delta that does diesel, and that's not 197 00:11:43.399 --> 00:11:45.960 one in Emo state. But the largest refuney by skill 198 00:11:46.080 --> 00:11:50.000 is down to refinery. But you had folks without refineries 199 00:11:50.399 --> 00:11:53.840 being able to get dollars to import payers to the country. 200 00:11:54.360 --> 00:11:56.679 The same country as said we want to stop the 201 00:11:56.919 --> 00:12:00.799 value of the denial of falling. See ben is saying 202 00:12:01.000 --> 00:12:03.919 we want to stop there. The development are phoning so 203 00:12:04.240 --> 00:12:07.840 much that the CDM was selling dollars to BCY operators 204 00:12:07.879 --> 00:12:11.440 at a below market price to keep the dollar low 205 00:12:11.639 --> 00:12:15.080 and error up. The same nation was also giving dollars 206 00:12:15.799 --> 00:12:21.159 to importers of pms when we had the refinery. Then 207 00:12:21.200 --> 00:12:23.679 we crossed that stage and we're now in this new 208 00:12:23.759 --> 00:12:26.919 stage about if you have a union. We were told 209 00:12:26.960 --> 00:12:30.720 that if Dangote has a union and tries to truck 210 00:12:30.840 --> 00:12:35.840 out his product directly to the explainations, he would cost 211 00:12:35.960 --> 00:12:38.559 job losses, which doesn't really make enough sense because if 212 00:12:38.600 --> 00:12:42.159 you look if it's important trucks, there are six folks 213 00:12:42.240 --> 00:12:46.440 per truck. He's creating jobs right there. Immediately. There were 214 00:12:46.519 --> 00:12:50.879 now back to this current issue about the union, saying 215 00:12:50.919 --> 00:12:53.039 that workers are wanted to join a union, which is 216 00:12:53.080 --> 00:12:55.559 their right to join the union. You cannot stop anybody 217 00:12:55.559 --> 00:12:58.120 in from joining the union that the workers joined a 218 00:12:58.320 --> 00:13:01.879 union and then go to them fired those workers union. 219 00:13:02.320 --> 00:13:05.399 Hence this union has now gone nuclear, has said are 220 00:13:05.399 --> 00:13:08.039 going to stop the sale of cruder to Dangot, They're 221 00:13:08.039 --> 00:13:10.480 going to block the entrances. They're going to stop the 222 00:13:10.559 --> 00:13:13.759 flow of crude l to Dangle refinery. That's where we are. 223 00:13:14.200 --> 00:13:17.120 It's important. So I'm giving you guys the background. What 224 00:13:17.279 --> 00:13:20.759 I was trying to show is this, this union's issue 225 00:13:21.279 --> 00:13:26.200 is the latest in a series of counter narratives in 226 00:13:26.200 --> 00:13:29.960 the nigen economy. We have gone from we need a 227 00:13:30.120 --> 00:13:34.039 refinery in Nigeria to stop imports. We then't got the refinery. 228 00:13:34.519 --> 00:13:38.159 When we got the refinery, the government's own regulator quota 229 00:13:38.559 --> 00:13:42.240 refinery has substanal products. It didn't go to tell the refinery, hey, 230 00:13:42.960 --> 00:13:45.320 you have stoptal products, can you make it better know? 231 00:13:45.480 --> 00:13:50.799 It published its findings, the government's own regulator. Then we 232 00:13:50.960 --> 00:13:54.759 have the government selling dollars because in Nigera you cannot 233 00:13:54.799 --> 00:13:57.320 buy dollars from the banks unless the Central Bank say so. 234 00:13:57.399 --> 00:13:59.840 We sat on the nephield where if you are important, 235 00:14:00.120 --> 00:14:03.080 rise and forty four items to see if there will 236 00:14:03.120 --> 00:14:05.039 cut you off. You couldn't go trade in the bank 237 00:14:05.159 --> 00:14:10.000 to import rise. But now we have folks importing PMS 238 00:14:10.879 --> 00:14:15.600 into the country even though we have a refinery. And 239 00:14:15.679 --> 00:14:19.039 then pc is supposed to buy twenty percent of donatory refinery. 240 00:14:19.279 --> 00:14:21.279 They could not buy twenty percent. That was a loss 241 00:14:21.320 --> 00:14:23.120 of finances of that but they meaning had to go 242 00:14:23.320 --> 00:14:28.399 borrow debt. It's that twenty percent equity couldn't buy seven percent. 243 00:14:28.840 --> 00:14:31.159 Anyde is supposed to sell then go to crude oil 244 00:14:32.440 --> 00:14:36.279 in Naira. If that happened, Dinotia has complained that it's 245 00:14:36.320 --> 00:14:38.039 going to buy dot that is buying crude oil in 246 00:14:38.120 --> 00:14:42.679 Nigeria had premium pride cresses buying from a tech party supplier. 247 00:14:43.159 --> 00:14:45.360 These are the roadblocks the Nigeria has said the counter 248 00:14:45.519 --> 00:14:49.840 narratives where we want these investments in FDI, we want 249 00:14:50.000 --> 00:14:53.679 lower imports. But when we do get the imports, there 250 00:14:53.720 --> 00:14:55.879 are now being a series I don't want to say 251 00:14:55.879 --> 00:15:00.279 their planned, but just a ruling series of issues of 252 00:15:00.519 --> 00:15:05.120 this investment fifteen billion. You know, ideare you to go 253 00:15:05.360 --> 00:15:09.720 across the world, across the world and count on in 254 00:15:09.840 --> 00:15:14.279 one hand any single investment you can find that is 255 00:15:14.360 --> 00:15:17.919 fifteen billion, You will find one. You'll find too. How 256 00:15:18.039 --> 00:15:23.720 many investments across the world can you find at fifteen billion? 257 00:15:24.320 --> 00:15:26.879 How many? But we have one in nineteen not just 258 00:15:27.000 --> 00:15:30.159 done by your foreigner, but by ounce On and then 259 00:15:30.200 --> 00:15:33.000 we have all the issues. So I don't think my 260 00:15:33.080 --> 00:15:37.320 idea that I always says Dangot refinery versus petroleum billions, 261 00:15:37.360 --> 00:15:40.240 I don't think it's unions. I think it's the same 262 00:15:40.440 --> 00:15:45.919 folks that from the very start had said bad diesel 263 00:15:47.159 --> 00:15:49.559 or we're not I'm not going to sell you crude oil. 264 00:15:49.879 --> 00:15:52.600 I think it's the same spirit that is still around 265 00:15:52.759 --> 00:15:56.240 that have not been exercised. Why is it important to 266 00:15:56.320 --> 00:15:58.559 you now? Why is this space important to you? Why 267 00:15:58.600 --> 00:16:02.720 should you worry about what done and you knows are doing? Guys, 268 00:16:02.799 --> 00:16:06.120 in all sincerity, if we do not solve this issue out, 269 00:16:06.440 --> 00:16:09.080 then Narra is going to lose value. It's very simple. 270 00:16:09.279 --> 00:16:11.799 It's as clear as they If we do not sort 271 00:16:11.840 --> 00:16:14.639 out Dangote you know issue, then Narra is going to 272 00:16:14.799 --> 00:16:18.679 lose value. You will see, it's very very simple because 273 00:16:18.799 --> 00:16:22.759 if we cannot export non oil that Dangote is doing, 274 00:16:22.799 --> 00:16:25.440 that it's gonna lose value. That's number one. Number two, 275 00:16:25.519 --> 00:16:28.720 it sends a bad message. Naila has to not recovered 276 00:16:28.799 --> 00:16:34.279 from reading emptyn and charging etient exhabitant prices. Emptying was 277 00:16:34.360 --> 00:16:37.200 right or wrong, it's not the issue, but look at 278 00:16:37.240 --> 00:16:41.360 the cost we put on them. Manifeigners read that whole 279 00:16:41.879 --> 00:16:45.639 said listen, this is the nation that is looking more 280 00:16:45.840 --> 00:16:49.039 revenues than long tempo revens, a more short term and 281 00:16:49.440 --> 00:16:52.399 long term growth of the economy and want to paying 282 00:16:52.440 --> 00:16:55.919 for it to today. So let's talk about this. I know, 283 00:16:55.960 --> 00:16:58.879 if you guys are here, this is my own view. 284 00:16:59.200 --> 00:17:01.600 Feel pretty, there's agreed. Lots of folks are listening in. 285 00:17:02.480 --> 00:17:05.480 But I just think just to end that, if Dan 286 00:17:05.640 --> 00:17:09.200 Goute had come, or let's just say Warren Buffett had 287 00:17:09.240 --> 00:17:12.720 companied you and said, hey, Nigeria in the year he 288 00:17:12.839 --> 00:17:15.319 came to here next nineteen nine, I'm going to invest 289 00:17:15.519 --> 00:17:19.759 fifteen billion in Nigeria to build you get a refinery 290 00:17:20.319 --> 00:17:24.359 and everything. We're asking for twenty five he said, don't 291 00:17:24.519 --> 00:17:27.359 ask forty nine eighty nine. Do you think that YO 292 00:17:27.359 --> 00:17:30.039 would have said yes or no to mister Warren Buffett. 293 00:17:30.519 --> 00:17:34.680 I mean, think about it, fifteen big. It's just the refinery, 294 00:17:35.319 --> 00:17:39.359 not about the petrop chemical, not about the trucks. Lit 295 00:17:39.480 --> 00:17:40.519 You've got the Floorster. 296 00:17:41.920 --> 00:17:48.720 Cal Grillilan very spot on analy This is early aligned 297 00:17:48.759 --> 00:17:53.440 with most of your views and thanks for introduction. It's 298 00:17:53.519 --> 00:17:59.519 quite unportiate that this dis question that takes my head 299 00:17:59.559 --> 00:18:03.400 from the highest level. And yes, you know what I 300 00:18:03.480 --> 00:18:08.119 have compared up being good in not being good because 301 00:18:08.200 --> 00:18:12.480 of the precorous situation refragiating in that you are an 302 00:18:12.519 --> 00:18:14.720 economy and where that put is. But I just want 303 00:18:14.759 --> 00:18:17.359 to be give market and why they are that you are. 304 00:18:18.000 --> 00:18:21.480 You should stick with one eye and so first of all, 305 00:18:21.559 --> 00:18:25.480 you need to understand that the roughly took billows in 306 00:18:25.599 --> 00:18:29.279 terms for tank putting to set up time Ferray. At 307 00:18:29.319 --> 00:18:35.640 some point thee our company disappointed him. They couldn't fulfill 308 00:18:35.720 --> 00:18:38.319 their applications in terms of quity financing. 309 00:18:38.920 --> 00:18:42.000 And also so the politics and all that came into play. 310 00:18:42.640 --> 00:18:45.440 Yes, the Finery card has given the introduction, but I 311 00:18:45.480 --> 00:18:47.640 want as to look at the other dimensions you. 312 00:18:47.640 --> 00:18:48.119 Are looking at. 313 00:18:48.680 --> 00:18:54.880 First, Dancot is still indebted in bidners. He's doing the 314 00:18:55.039 --> 00:19:00.480 Chinese back some creditors. You need to understand that said, 315 00:19:01.559 --> 00:19:05.039 even I had to disclose that if this project was 316 00:19:05.079 --> 00:19:06.920 not successful, all these. 317 00:19:06.880 --> 00:19:09.680 Assets will be taken away from him. So you need 318 00:19:09.720 --> 00:19:12.039 to understand what he had to put him for this 319 00:19:12.240 --> 00:19:12.640 two work. 320 00:19:13.279 --> 00:19:15.680 Also, you have to look at the list of the 321 00:19:15.799 --> 00:19:19.400 Nigeria and the economic which can highlighted that is really 322 00:19:19.960 --> 00:19:24.240 economy to reality to most of our avoid investments for. 323 00:19:26.079 --> 00:19:29.240 Exchange comes from Coudo. But then I missed a change 324 00:19:29.559 --> 00:19:35.880 with the openings of Danko de Fera. And you know, 325 00:19:36.920 --> 00:19:40.440 I think the big enemy year is not paersonal pain. 326 00:19:40.519 --> 00:19:42.599 But that's why I came to kind of specier. I 327 00:19:42.720 --> 00:19:45.200 just wanted to highlight because I think it's a just tructure. 328 00:19:45.720 --> 00:19:47.599 I didn't really see them as the real enemy. I 329 00:19:47.680 --> 00:19:50.319 don't diversity because and I'll tell you why. 330 00:19:51.000 --> 00:19:52.680 If you look at it, the image in the global 331 00:19:52.839 --> 00:19:56.319 marketing has just dropped it. And that is why I 332 00:19:56.440 --> 00:19:59.039 think the biggest enemies are the powers. We are not 333 00:19:59.240 --> 00:20:05.359 talking about this free market expert and these importance these muntis, 334 00:20:05.400 --> 00:20:09.200 because if you look at way back at the problems 335 00:20:09.200 --> 00:20:10.920 placing the your state with FIST. 336 00:20:11.160 --> 00:20:12.000 At one point in. 337 00:20:12.319 --> 00:20:15.720 When the budget came to power, he had to beg 338 00:20:15.799 --> 00:20:19.920 Shield to take up the statrifiers or I don't at 339 00:20:20.000 --> 00:20:24.200 the discount. And the reason was simple because he felt 340 00:20:24.279 --> 00:20:26.759 that this body original orders. 341 00:20:26.880 --> 00:20:29.000 You know, the nationalization and inside that. 342 00:20:29.119 --> 00:20:31.119 But those guys give reasons and they said to the 343 00:20:31.559 --> 00:20:33.039 major things that I will never forget. 344 00:20:33.359 --> 00:20:35.759 They said, the first thing was that that your stitlifiers 345 00:20:35.839 --> 00:20:39.480 were small. The second thing was that this the energy 346 00:20:39.799 --> 00:20:42.680 complexity in the Townshill sector was full of corruption and 347 00:20:42.759 --> 00:20:45.519 DI didn't want to get involved. And they spoke about 348 00:20:45.720 --> 00:20:49.160 how the margins and the finery business is very thing. 349 00:20:49.400 --> 00:20:52.319 In fact, I was very critical web that Goody was 350 00:20:53.680 --> 00:20:57.119 about to build the city or fifty thousands, because I 351 00:20:57.200 --> 00:20:59.880 was like, do want big players? Because I look at 352 00:21:00.119 --> 00:21:03.359 is from stocks. You know, when you un invest in extor, 353 00:21:03.559 --> 00:21:06.400 you look at the fact that the imagines in that business, 354 00:21:06.640 --> 00:21:07.920 in the very business. 355 00:21:07.759 --> 00:21:09.319 Is not attractive. 356 00:21:09.799 --> 00:21:13.480 Most of the juicy comes from the Austria and the 357 00:21:14.279 --> 00:21:16.559 petrochemicals with which they do. 358 00:21:16.720 --> 00:21:17.720 It in different. 359 00:21:19.240 --> 00:21:23.240 With different times idea coming to Newbus again. So I 360 00:21:23.319 --> 00:21:27.599 felt when I was down, and so it's really very 361 00:21:27.920 --> 00:21:33.079 emotional for me the fact that we tend to give 362 00:21:33.160 --> 00:21:37.599 people on de grades when the bigger events. I feel 363 00:21:37.640 --> 00:21:39.240 that God is the man of the year in terms 364 00:21:39.279 --> 00:21:42.000 of the FTX market, I feel down goods and the man. 365 00:21:42.039 --> 00:21:44.640 Of the year in terms of how the danger and 366 00:21:44.720 --> 00:21:45.799 economy afternoon. 367 00:21:45.960 --> 00:21:50.160 Yes, the President brought in the fiscal reforms without substy, 368 00:21:50.640 --> 00:21:55.119 but if we had no refined capacity, still be dancing 369 00:21:55.279 --> 00:21:56.759 with playing plants. 370 00:21:56.480 --> 00:21:59.400 And so they invested interest. Look doubt about that. 371 00:21:59.759 --> 00:22:04.240 And my concern with Dan Goode is that also is 372 00:22:04.319 --> 00:22:07.079 playing so much with is using because. 373 00:22:07.640 --> 00:22:10.319 The average propolic is on the side. But my fil 374 00:22:10.599 --> 00:22:13.680 for Dankode is that he also has his own shortcomings too. 375 00:22:14.119 --> 00:22:16.519 He's not the same. Yeah, we we reusy much, you know, 376 00:22:16.720 --> 00:22:20.799 because that the lot of people are complaining, how can 377 00:22:20.880 --> 00:22:22.799 you be working? Fai are? You know? 378 00:22:22.920 --> 00:22:24.920 Because I've spoken too many to call their work as 379 00:22:24.960 --> 00:22:27.039 I try to because I work because I try to 380 00:22:27.119 --> 00:22:29.480 get what people have. 381 00:22:30.000 --> 00:22:32.640 They say, what said I want to stay said so 382 00:22:33.000 --> 00:22:35.400 for me to really present it to judge. So from 383 00:22:35.519 --> 00:22:39.599 my own judgment, I feel that nobody is perfect the 384 00:22:39.680 --> 00:22:40.680 adversary interests and. 385 00:22:40.759 --> 00:22:44.960 I think the pas the president because he has theministry 386 00:22:45.799 --> 00:22:49.200 and everybody. I have not seen his story econic story 387 00:22:49.440 --> 00:22:52.680 taking so much certain stage in the world like this 388 00:22:52.839 --> 00:22:53.640 Cancote issue. 389 00:22:53.960 --> 00:22:57.720 So I feel that before he gets out of our canoe, 390 00:22:57.759 --> 00:23:01.319 I feel that the president should really meet with the 391 00:23:01.440 --> 00:23:05.960 major stake coulder. I understand that things are going be 392 00:23:06.119 --> 00:23:09.599 neat because I feel that it's too slow. And before 393 00:23:09.640 --> 00:23:11.400 I dropped the mic, I also want us to look 394 00:23:11.440 --> 00:23:12.079 at the fact. 395 00:23:11.920 --> 00:23:15.440 That you if you look at what disappled in South 396 00:23:15.480 --> 00:23:20.599 Africa or was disappled in Europe, you understand that it's 397 00:23:20.920 --> 00:23:24.920 non players saying, lookay, which would worry about? We need 398 00:23:25.039 --> 00:23:28.160 to also look at that man has cheated and I 399 00:23:28.240 --> 00:23:31.720 miss he has taken the breakfast from many players. 400 00:23:32.079 --> 00:23:36.359 And if we fight the wrong person get the trouble. 401 00:23:36.440 --> 00:23:38.759 So I think at back in the unions, I think 402 00:23:38.759 --> 00:23:42.039 the unions are contain the fact that they really want. 403 00:23:42.400 --> 00:23:45.720 Yes, it's fair for you to understand what unions are 404 00:23:45.759 --> 00:23:46.160 asking for. 405 00:23:47.119 --> 00:23:50.160 If you look at it across the ladder, that could 406 00:23:50.160 --> 00:23:53.799 the employees that want to disappear in that in that industry, 407 00:23:54.160 --> 00:23:57.720 look about that des by the fact that there which 408 00:23:57.799 --> 00:24:01.839 is much higher than the an and what some of 409 00:24:01.920 --> 00:24:05.079 them hasting much is not out of hands. 410 00:24:05.240 --> 00:24:07.480 Let's be honest, you work in that sense. Giving those 411 00:24:07.480 --> 00:24:10.960 two require some form of vissiance, some sidti. 412 00:24:11.279 --> 00:24:15.759 However, you know, the issue has been these guys have 413 00:24:16.000 --> 00:24:19.720 been really at the neck of the Nigerian. 414 00:24:19.359 --> 00:24:22.319 Economy for too long. We've not seen there too. 415 00:24:22.319 --> 00:24:26.799 Much impute when staaterifiers are depleted, you know, belouse of 416 00:24:26.839 --> 00:24:29.440 the has they spend some of them are many passing 417 00:24:29.640 --> 00:24:33.039 this association and they not beyond the accountable. You know, 418 00:24:33.839 --> 00:24:39.279 we've seen how probublic they of Nigeria situation with which 419 00:24:39.400 --> 00:24:43.559 party is brought about energy, you know. So before I 420 00:24:43.559 --> 00:24:45.400 allow a lot of other people to speak, and I 421 00:24:45.480 --> 00:24:48.279 think for me, what we missed the difference right now 422 00:24:48.799 --> 00:24:51.680 is what the most powerful when you heard those because 423 00:24:51.960 --> 00:24:54.160 he has made this in such a way that everybody 424 00:24:54.200 --> 00:24:55.799 has as to him because we don't have. 425 00:24:55.880 --> 00:25:01.240 The federal is that we have is second according to 426 00:25:01.319 --> 00:25:06.640 the accum so all the stable. So for me, I think, 427 00:25:06.799 --> 00:25:10.039 what iss you do two things before immediate? 428 00:25:10.359 --> 00:25:13.839 First, uh, he needs to bring a mistakeholders. I don't 429 00:25:13.960 --> 00:25:17.640 think what will said with this pass is powerful for 430 00:25:17.759 --> 00:25:19.160 those that I think pears. 431 00:25:18.920 --> 00:25:21.920 Because you can't sack these people. Some of these guys 432 00:25:22.039 --> 00:25:25.039 working cheven share them. I think we need to be rational. 433 00:25:25.440 --> 00:25:28.279 Some of these guys have been vegers in the industry. 434 00:25:28.559 --> 00:25:30.680 But you can't play your carsive and rest. 435 00:25:30.720 --> 00:25:33.799 But so I support the publicly. I'm not here for 436 00:25:33.960 --> 00:25:34.359 people to. 437 00:25:34.440 --> 00:25:37.799 Be sanction and arrested or yield I also feel that 438 00:25:38.480 --> 00:25:42.079 has to be compromises. He has to restate because you 439 00:25:42.160 --> 00:25:45.480 know the US be concern the act of several times, 440 00:25:45.519 --> 00:25:49.759 because I read a p reports which the catastic plix 441 00:25:49.920 --> 00:25:54.079 in refiery and the form of maintenance away which at 442 00:25:54.160 --> 00:25:54.759 some point. 443 00:25:57.359 --> 00:26:00.160 And talk about. So that's supple that it is really. 444 00:26:04.440 --> 00:26:07.880 Let me great over you. Let me just say this right, 445 00:26:08.720 --> 00:26:13.240 every issue you have listed Dangote's workers and all that 446 00:26:13.799 --> 00:26:17.000 that can result in a meeting over launch. They're not 447 00:26:17.079 --> 00:26:22.920 talking about strategic issues like the pricing of petillium products 448 00:26:23.119 --> 00:26:27.000 or that there's an environmental issue. These are issues. Oh 449 00:26:27.079 --> 00:26:30.319 you sacked the worker for union, there's a process for that. 450 00:26:30.960 --> 00:26:34.839 Nijers have gone through unions before. Like you've highlighted, why 451 00:26:35.160 --> 00:26:39.359 is it that the Nigerian government can sit down and 452 00:26:39.640 --> 00:26:42.960 a strategic asset to be cut off from getting crude 453 00:26:43.000 --> 00:26:46.559 oil because it's going to affect the dollar, it's going 454 00:26:46.599 --> 00:26:49.440 to affect the economy, it's going to affect the experts 455 00:26:49.480 --> 00:26:53.160 on non oil. But the Nigerian government has not said 456 00:26:53.240 --> 00:26:57.519 a word and unions have bound to a private company 457 00:26:58.359 --> 00:27:00.079 have sort of if we believe in these reports, have 458 00:27:00.200 --> 00:27:03.240 shut it down. If you didn't answer that don't that 459 00:27:03.319 --> 00:27:05.880 question isn't an answer if you go back to the 460 00:27:05.960 --> 00:27:09.519 first point I need the first person. The first person 461 00:27:09.839 --> 00:27:15.839 to come out against Dangote was the regulator, the federal 462 00:27:16.119 --> 00:27:21.519 regulator that came out as said that product were substantid substandard. 463 00:27:21.839 --> 00:27:25.680 So after I have approved, if you are walking and 464 00:27:25.799 --> 00:27:28.640 a bed whistles and it so hits your head, the 465 00:27:28.759 --> 00:27:32.160 next time the bed whistoles, you bend down. So I'm 466 00:27:32.240 --> 00:27:37.680 just saying that perhaps this man is seeing that things 467 00:27:37.759 --> 00:27:41.039 are happening. You've already had given us a tread to pull. Yeah, 468 00:27:41.079 --> 00:27:43.319 things happening. You share the tweet around in the wear 469 00:27:44.720 --> 00:27:49.000 diagnota is affecting the diesel output in Europe. Dangots from 470 00:27:49.079 --> 00:27:52.279 Nigeria and people are losing their shirt in Europe because 471 00:27:52.319 --> 00:27:56.640 Dangote is working. Why allow such an asset? Then it 472 00:27:56.759 --> 00:28:00.359 grates over what a union said, who was not that 473 00:28:01.440 --> 00:28:04.680 something I can call emitting and over launch can be 474 00:28:04.799 --> 00:28:08.640 agreed that allow it to get to this level limited. 475 00:28:09.000 --> 00:28:14.480 Because physical edits are compromised. You know, I suppose with 476 00:28:14.920 --> 00:28:19.160 parents that have you ever had Because I look at America, 477 00:28:19.200 --> 00:28:22.279 for example, look at the French, look at the matter house. 478 00:28:23.480 --> 00:28:25.920 You see that at some point it's colalys in. 479 00:28:25.920 --> 00:28:30.400 Their bureaucratic processes, and that's because they have a very 480 00:28:30.440 --> 00:28:32.000 strong can't integers. 481 00:28:32.079 --> 00:28:33.359 It just you know, I don't know. 482 00:28:33.440 --> 00:28:35.720 I'm not an inteigence of examples. You know, when you 483 00:28:35.759 --> 00:28:40.000 look at from your economic understanding, you see that the 484 00:28:40.160 --> 00:28:42.920 interesting that you is very it's very tough to be 485 00:28:43.160 --> 00:28:48.640 successful business by nager because you are fighting powerful vested interest. 486 00:28:49.400 --> 00:28:50.759 It's not just no inventions. 487 00:28:51.480 --> 00:28:56.319 I feel that, yes we have some compromise plasm, but 488 00:28:56.440 --> 00:29:00.319 that's not really the major edite ticulties facially, because I'll 489 00:29:00.319 --> 00:29:03.599 tell you for free, when you look at the export 490 00:29:03.720 --> 00:29:09.119 capacity as cularly from the Dutch bas with finaries, I 491 00:29:09.319 --> 00:29:13.279 look at the latest data from MPs in trade. 492 00:29:13.359 --> 00:29:15.640 You see that DS have changed. There was the time 493 00:29:15.880 --> 00:29:18.000 that it was the biggest. 494 00:29:19.720 --> 00:29:24.839 Important for Nigeria, uh after China, and that was because 495 00:29:24.839 --> 00:29:25.440 of Petrue. 496 00:29:26.000 --> 00:29:28.839 Now you see danas is changing. On Land is not 497 00:29:28.960 --> 00:29:29.920 really there again. 498 00:29:31.200 --> 00:29:33.599 Now we look at the latest data and Spain was 499 00:29:33.680 --> 00:29:39.480 the major So the entire things have gone really has 500 00:29:39.519 --> 00:29:40.039 really changed. 501 00:29:40.039 --> 00:29:44.640 The namies and these players haveted interest. You know, they're 502 00:29:44.640 --> 00:29:47.799 not gonna come in without the fact. But the problem 503 00:29:48.200 --> 00:29:51.559 is that the guys vulnerable don't have the strong places them. 504 00:29:51.640 --> 00:29:53.480 Yet we are quite divided. 505 00:29:54.000 --> 00:29:59.079 So the business, the business side, the Trump is doing, 506 00:29:59.599 --> 00:30:01.680 we wo when he had any time he goes to 507 00:30:01.720 --> 00:30:04.440 the UK and then goes through a powerful countries, he 508 00:30:04.559 --> 00:30:06.000 takes his business class way. 509 00:30:06.240 --> 00:30:09.000 There's this political covering. We don't really have that inn 510 00:30:09.720 --> 00:30:11.640 to be honest, and you know it's it's. 511 00:30:11.559 --> 00:30:13.759 Coming up, yes, but we don't really have that. So 512 00:30:14.160 --> 00:30:16.960 there's no political cover for these big players. If could 513 00:30:17.000 --> 00:30:19.480 it was an American were you know what the job 514 00:30:19.680 --> 00:30:21.359 I've done when Google was fine? 515 00:30:21.480 --> 00:30:22.759 You know, so do you pay? 516 00:30:23.359 --> 00:30:24.160 You could see what it. 517 00:30:24.240 --> 00:30:27.079 Says with different times checking them necessity, I'm going to 518 00:30:27.160 --> 00:30:28.200 be really staries on. 519 00:30:28.279 --> 00:30:31.240 The wine and you know, exports and you could see. 520 00:30:31.279 --> 00:30:34.880 So we don't really have that. Pip players, the delights 521 00:30:34.920 --> 00:30:37.759 of living, delights of down with the likes of these 522 00:30:37.839 --> 00:30:41.039 guys are particually on their own. So it wake up 523 00:30:41.319 --> 00:30:43.400 within our system that there's us. 524 00:30:43.599 --> 00:30:49.480 See, if you really want to have the successful business economy, 525 00:30:49.519 --> 00:30:51.960 we also we need to have restrain the political and 526 00:30:52.599 --> 00:30:54.640 take the platform because. 527 00:30:55.440 --> 00:30:58.119 Right now we don't even know whether I would don. 528 00:30:58.240 --> 00:31:01.799 The saying or whether it is really sabotage because the 529 00:31:01.880 --> 00:31:05.119 truth of the matter is that it's sabotage and that 530 00:31:05.920 --> 00:31:09.519 if you hear that in pleas thats us government to 531 00:31:09.559 --> 00:31:12.720 take it up the very news about that. So these 532 00:31:12.759 --> 00:31:15.559 are things we also need to ask questions because we 533 00:31:15.759 --> 00:31:18.680 we also need to understand what are the podcasts are thinking? 534 00:31:18.720 --> 00:31:21.079 What is the secure to this time? Because all the 535 00:31:21.640 --> 00:31:25.119 I work we look at because of the step. 536 00:31:24.880 --> 00:31:27.920 Who can I readily reported it as it is by 537 00:31:28.000 --> 00:31:29.119 over a hundreds. 538 00:31:29.359 --> 00:31:33.880 Trust the sisters that it has implication on the middle 539 00:31:33.920 --> 00:31:37.319 class that has we can disposable. 540 00:31:36.720 --> 00:31:44.799 And come, okay, let's go to a raffingdo raffingdo if 541 00:31:44.839 --> 00:31:47.759 there's way only they don't go with pleace hanger and 542 00:31:47.839 --> 00:31:50.640 we're gonna call you again. Raffindo, how are you doing? 543 00:31:51.000 --> 00:31:53.680 We're talking about you were talking the down tap? This 544 00:31:53.880 --> 00:31:55.279 is the union. What's your take? 545 00:31:56.839 --> 00:32:00.440 Okay? Believing and believe in everyone. 546 00:32:01.519 --> 00:32:05.559 I think the issue here has to do with three 547 00:32:05.680 --> 00:32:11.880 factors are lighted and versus the appreciate the effort and 548 00:32:12.160 --> 00:32:15.480 the tennacity that would take bring simpler economic And I'll 549 00:32:15.519 --> 00:32:19.440 give you a good example. The early two thousand, Nigeria's 550 00:32:19.480 --> 00:32:22.960 cement sector was vitually dead and the only player there 551 00:32:23.200 --> 00:32:27.480 was u Circle who was later inherited by that fact 552 00:32:27.680 --> 00:32:32.680 because of what dependent on importation and this man came along, 553 00:32:32.880 --> 00:32:38.240 you know, disrupted the sector. You will prove that Nigeria 554 00:32:38.240 --> 00:32:42.920 having the cement deposit, Africa has no business importancity. 555 00:32:43.880 --> 00:32:45.359 And you could see the tenacity. 556 00:32:45.920 --> 00:32:47.400 It's this kind of what this. 557 00:32:47.519 --> 00:32:48.400 Kind of what happens. 558 00:32:49.680 --> 00:32:53.119 So many paganders will use against him, so many frustrations 559 00:32:53.319 --> 00:32:55.319 and at the end of the day, was able to 560 00:32:55.480 --> 00:32:59.440 try look at this tenacity that the tennasity he brought 561 00:32:59.480 --> 00:33:03.039 into that sector as able to make all that sector, 562 00:33:03.359 --> 00:33:06.400 all the players coming to receptor that due to him, 563 00:33:06.799 --> 00:33:11.519 Nineta has five cement companies with different parts. That is 564 00:33:11.680 --> 00:33:15.279 the tennacity of someone who lost a country and what 565 00:33:15.440 --> 00:33:17.480 he brings and now just opposed. 566 00:33:17.480 --> 00:33:21.359 It's your finality. We all of us here know that our. 567 00:33:21.400 --> 00:33:25.039 Finally the museum. I like to use the World Museum. 568 00:33:25.759 --> 00:33:28.960 They are more like an antiferan zone. For how many 569 00:33:29.079 --> 00:33:33.000 years nothing was happening? He came me, you know, did 570 00:33:33.400 --> 00:33:39.640 that same distructor staff just two creatures. Nobody can compare 571 00:33:39.759 --> 00:33:45.400 the number of Nigerian was created when Niger was important, 572 00:33:46.039 --> 00:33:50.039 the number of jobs now Nigeria has for Niaga producing. 573 00:33:51.319 --> 00:33:56.200 We cannot compare the same as we are importing fearments 574 00:33:56.240 --> 00:33:59.480 and all the electonium buders. Compare it with the number 575 00:33:59.519 --> 00:34:03.240 of jobs it will create in the long term, I would, 576 00:34:03.279 --> 00:34:05.240 as reading pioneer destructive start. 577 00:34:05.440 --> 00:34:06.640 My second issue is. 578 00:34:06.759 --> 00:34:09.840 Lack of standard. Nagia is the oly country in this 579 00:34:10.039 --> 00:34:15.239 world where we don't have standard for weekly from a 580 00:34:15.360 --> 00:34:16.119 simple goal, we. 581 00:34:16.239 --> 00:34:19.639 All a simple research from your phone, you could easily 582 00:34:19.800 --> 00:34:23.719 tell the amount an engineer or a senior engineers when 583 00:34:23.800 --> 00:34:24.719 to end in. 584 00:34:24.840 --> 00:34:31.880 Any extractive industry maybe telecoon or all the sectors of manufacturing. 585 00:34:31.559 --> 00:34:34.239 From me click off your phone, you can know the standard. 586 00:34:35.159 --> 00:34:36.719 Nigia does not have the standard. 587 00:34:37.239 --> 00:34:40.880 So I have issue with Parson trying to pin that 588 00:34:41.119 --> 00:34:44.440 also standards in townshion sector, whether I would like to 589 00:34:44.519 --> 00:34:48.400 do or not the petroleum sectors to the increase streams. 590 00:34:49.239 --> 00:34:53.320 You cannot expect from a player in down stream to 591 00:34:53.519 --> 00:34:55.119 match the salary. 592 00:34:55.000 --> 00:34:56.000 Of an atlay. 593 00:34:56.280 --> 00:34:58.199 Can you can you explain your support those that don't 594 00:34:58.239 --> 00:35:01.199 know what stream up? There? Are you saying that? For instance, 595 00:35:02.079 --> 00:35:04.800 did the you know say that maybe what the shell 596 00:35:04.960 --> 00:35:08.440 workers should be? What don if you finally workers you 597 00:35:08.519 --> 00:35:10.679 get what you're saying, Yes. 598 00:35:10.920 --> 00:35:13.920 That's the majority of the maguement that has always been like. 599 00:35:14.000 --> 00:35:18.039 That and near you know, it's not possible because when 600 00:35:18.039 --> 00:35:20.760 you come to the tuntry your properly, your trading or 601 00:35:20.800 --> 00:35:23.800 your manufacturer imagine it's very thick. You can't compare with 602 00:35:23.920 --> 00:35:27.280 an ushame player or a midstream player. You have to 603 00:35:27.360 --> 00:35:31.440 be very realistic about it. And let us know from 604 00:35:31.519 --> 00:35:36.400 the first around twenty nineteen, he has really an employees 605 00:35:36.440 --> 00:35:41.280 on n yers who are already getting multi playment even 606 00:35:41.320 --> 00:35:42.480 when the finality was. 607 00:35:42.480 --> 00:35:45.800 Not even functioning. I have a priviented information on that. 608 00:35:46.719 --> 00:35:49.639 So thousands of nineteen were already. 609 00:35:49.480 --> 00:35:51.760 Employed gamefully even when. 610 00:35:51.679 --> 00:35:54.480 The final was not working. How many campaiming? 611 00:35:54.719 --> 00:35:59.920 How many capitalists who try to taste much you can 612 00:36:00.239 --> 00:36:02.800 who pays who pays the worker. 613 00:36:02.599 --> 00:36:07.000 When the company has not even started for that, So 614 00:36:07.440 --> 00:36:10.199 that's finale, just be finite. 615 00:36:10.000 --> 00:36:13.760 Working or the payment for those workers. 616 00:36:14.400 --> 00:36:17.199 Because for the payment of those workers when your finale 617 00:36:17.320 --> 00:36:18.760 was not working, what's for me? 618 00:36:18.840 --> 00:36:19.719 From all that. 619 00:36:21.199 --> 00:36:22.159 S last? 620 00:36:22.679 --> 00:36:25.760 Or he's twenty two other companies last, they were all 621 00:36:25.840 --> 00:36:29.599 the ones posibly was getting the money to sustage the 622 00:36:29.800 --> 00:36:31.519 final and working capital. 623 00:36:32.000 --> 00:36:33.920 Now finally started. 624 00:36:34.079 --> 00:36:37.079 It's not even betting up to it's not being up 625 00:36:37.119 --> 00:36:40.960 to three years and you are having these kind of issues. 626 00:36:41.559 --> 00:36:43.119 It shows you that this. 627 00:36:43.239 --> 00:36:46.159 Aren in set of people who are not interested in 628 00:36:46.320 --> 00:36:47.159 nineteen groups. 629 00:36:48.280 --> 00:36:50.159 Let's for me loone the Manaster. 630 00:36:50.280 --> 00:36:52.760 People are shotting down that the final six months and 631 00:36:52.880 --> 00:36:53.599 nothing happen. 632 00:36:54.119 --> 00:36:56.679 Everybody. He has done that several times. 633 00:36:56.760 --> 00:37:00.400 If you know this, he did that book. They did 634 00:37:00.480 --> 00:37:02.639 this kind of thing in bocal Blat. It shut it 635 00:37:02.679 --> 00:37:06.800 down for a year. Everybody went to but the issueized 636 00:37:06.800 --> 00:37:10.239 because maybe it has to do with payments, the loan 637 00:37:10.480 --> 00:37:13.000 be payment and all that. You know how you know 638 00:37:14.199 --> 00:37:18.199 big and Genier is my issue now or my point now? 639 00:37:18.920 --> 00:37:23.719 The Nineteenan government has in roule to plee by through 640 00:37:23.800 --> 00:37:26.960 its agency as far as we're consigned, and that you 641 00:37:27.000 --> 00:37:31.079 should not be the one determining what is standard wich 642 00:37:31.239 --> 00:37:34.199 in any sector. That should that job should be left 643 00:37:34.639 --> 00:37:38.559 for the Nijan buyer statistics in Nijera Society of Engineer, 644 00:37:39.079 --> 00:37:41.199 the statutory engineering body which. 645 00:37:41.159 --> 00:37:42.199 Is and. 646 00:37:44.760 --> 00:37:47.119 Okay, let me take let me take you upon that. 647 00:37:47.400 --> 00:37:50.639 We've seen unions in the past fight for minimum wages, 648 00:37:50.679 --> 00:37:53.360 I mean the sports minimum wage they got that we've 649 00:37:53.400 --> 00:37:56.800 seen in the West where unions in GM also fight 650 00:37:56.880 --> 00:37:59.639 for minimal wage and they get it. So the unions, 651 00:37:59.760 --> 00:38:03.320 even though they are not wage regulatory bodies, I can 652 00:38:03.559 --> 00:38:07.039 fight for wages for workers in the private commy that 653 00:38:07.159 --> 00:38:10.119 that is fair enough. Like, but just want to be clear. 654 00:38:10.920 --> 00:38:13.880 You are saying that the wages for if you benchmark 655 00:38:13.960 --> 00:38:17.039 that to refineries, it's okay, But you're saying that what 656 00:38:17.880 --> 00:38:21.440 is asking for this workers in the refinery should be 657 00:38:21.599 --> 00:38:24.760 paid like the quote unquote I owes is in Nigeria. 658 00:38:25.039 --> 00:38:26.400 Just that's just want to be clear. 659 00:38:26.400 --> 00:38:33.639 That that's I used to spend point. Okay, can I 660 00:38:34.320 --> 00:38:37.840 interrupt and roughing the little bit please? I think he's 661 00:38:38.239 --> 00:38:41.239 making he's making a hell of mistake and I don't know. 662 00:38:41.840 --> 00:38:44.039 I know this is not enough on that parking board. 663 00:38:44.079 --> 00:38:47.039 I want to correct a mistake he's making place. I 664 00:38:47.079 --> 00:38:48.400 don't know if I should go ahead. 665 00:38:48.360 --> 00:38:49.280 If going ahead? 666 00:38:51.719 --> 00:38:57.159 Okay, First of almost we said it's not asking that 667 00:38:58.039 --> 00:38:59.480 that gang stuff. 668 00:38:59.199 --> 00:39:03.159 Should be paid the same salary grade with the IUS. No, 669 00:39:03.599 --> 00:39:06.880 that is not the demand. And that is one mistake 670 00:39:07.400 --> 00:39:08.119 he's making. 671 00:39:08.280 --> 00:39:11.079 And I don't I'm not sure he actually. 672 00:39:10.840 --> 00:39:12.599 Understand what are they asking for? 673 00:39:15.320 --> 00:39:22.599 What is so understand want what what? What? What? 674 00:39:23.440 --> 00:39:24.320 What are they asking for? 675 00:39:27.119 --> 00:39:28.519 After that the. 676 00:39:29.119 --> 00:39:33.159 Employees should join person and as a member of Pengasa, 677 00:39:33.280 --> 00:39:36.159 you have the right to what collective bagin agreements. 678 00:39:36.079 --> 00:39:38.039 Do you not negotiate with the management? 679 00:39:38.920 --> 00:39:41.960 And it's the collective bagain and not just about all 680 00:39:42.000 --> 00:39:46.519 that wayfare packages and what known as every company we of. 681 00:39:46.599 --> 00:39:50.559 Course what the company will be able to pay employee 682 00:39:50.719 --> 00:39:53.320 is not going to add to pay them as cheval and. 683 00:39:55.320 --> 00:39:59.480 But but Daniel in Offenders, he said they want they 684 00:39:59.519 --> 00:40:01.920 won't be paid. But you said, no, that's not what 685 00:40:02.000 --> 00:40:03.880 they want. But you just confirmed that they want to 686 00:40:04.000 --> 00:40:06.679 train the union who then asked them to be paid 687 00:40:07.199 --> 00:40:09.920 quote unquote and unquote the same thing. 688 00:40:10.360 --> 00:40:16.880 I don't agreements. You are not negotiating with the monument. 689 00:40:16.960 --> 00:40:20.760 The union at class is negotiating with management and in 690 00:40:20.960 --> 00:40:25.000 language what the company. Nobody said that if you an't 691 00:40:25.039 --> 00:40:27.960 paying the same for that, that you're going to ask 692 00:40:28.559 --> 00:40:31.599 to pay you what the irises are paying. No, it 693 00:40:31.679 --> 00:40:32.480 doesn't make sense. 694 00:40:32.519 --> 00:40:36.639 And that's not because I want to be very factual. 695 00:40:37.239 --> 00:40:42.920 What what what theses? I just don't want to be 696 00:40:43.840 --> 00:40:47.280 brilliance sir, how are you doing? Engineer? Welcome you know 697 00:40:47.599 --> 00:40:48.119 that the. 698 00:40:48.880 --> 00:40:53.119 Probably when I have I can't speak to that very well. 699 00:40:53.920 --> 00:40:56.519 That didn't what issues just. 700 00:40:59.159 --> 00:41:01.679 Engineer hold on, it doesn't uge in. You're speaking for 701 00:41:01.960 --> 00:41:03.880 the union folks now right, I know you as the 702 00:41:04.000 --> 00:41:04.679 union person. 703 00:41:05.039 --> 00:41:06.280 No no no no no no no no no no 704 00:41:06.360 --> 00:41:08.559 no no no no no no no no no, I'm 705 00:41:08.760 --> 00:41:12.280 not I'm just saying that the probably when I come home, 706 00:41:12.719 --> 00:41:15.440 do some introduction, you will not even know that I didn't. 707 00:41:15.519 --> 00:41:20.880 For this is not even about now. 708 00:41:21.320 --> 00:41:24.360 Okay, hold on, hold your horses, let me get to 709 00:41:24.440 --> 00:41:26.760 win it to just real quick to come the room 710 00:41:26.840 --> 00:41:28.400 down and k our come back? Will you go ahead? 711 00:41:30.719 --> 00:41:37.000 That was quick, gritveryone. So I feel your introduction, I 712 00:41:37.119 --> 00:41:41.239 tel you just what for lack of right was just 713 00:41:41.840 --> 00:41:43.280 until you jumbled everything. 714 00:41:43.360 --> 00:41:47.199 Now you just missed everything because the topic clearly say. 715 00:41:47.119 --> 00:41:51.800 And language you final reverses and pus. 716 00:41:51.039 --> 00:41:55.880 So that things first rapping. But I think someone's my 717 00:41:56.000 --> 00:41:57.880 kids on I'll help you with that. 718 00:42:00.199 --> 00:42:03.199 Thank you the first things first, cause I think I 719 00:42:03.280 --> 00:42:07.039 heard you say the government has not done anything yet 720 00:42:07.800 --> 00:42:10.360 or do you see what the unions are doing? Unions 721 00:42:10.440 --> 00:42:15.280 also hold as a shutdown government past that hold the 722 00:42:15.320 --> 00:42:16.519 government accountable. 723 00:42:16.679 --> 00:42:17.840 So it's not a new thing. 724 00:42:18.440 --> 00:42:21.800 Paste When unions are fighting for their rights, if it's 725 00:42:21.840 --> 00:42:26.719 against any level of government, they can they can like 726 00:42:27.519 --> 00:42:29.000 hold the government to ransom. 727 00:42:29.159 --> 00:42:31.800 So I don't think in this case is a special case. 728 00:42:32.159 --> 00:42:34.800 But yes, at the point, who need the government to 729 00:42:34.880 --> 00:42:38.039 come in. So if you can see, I've posted some 730 00:42:38.239 --> 00:42:41.360 things of your JumboTron because first things first, I don't 731 00:42:41.400 --> 00:42:43.679 think this strike it to us today. 732 00:42:43.719 --> 00:42:44.119 I picked the. 733 00:42:44.159 --> 00:42:50.280 Interest from back the ninth September post because I was 734 00:42:50.320 --> 00:42:51.760 already panicking from them. 735 00:42:52.159 --> 00:42:55.599 And what am I interested is just because I can't. 736 00:42:55.440 --> 00:42:58.239 Afford to face and in Nigeria, I can't afford to 737 00:42:59.199 --> 00:43:01.880 face like forcues. 738 00:43:01.440 --> 00:43:05.360 Or lack of or increase in prices with what is happening. 739 00:43:06.400 --> 00:43:08.159 So that's why I'm even interested in this. 740 00:43:08.639 --> 00:43:12.000 Okay, you know, help help us correct any wrong impression 741 00:43:12.039 --> 00:43:14.679 that we've had. I should know my intro has been 742 00:43:14.800 --> 00:43:18.039 that in effect somewhere of my interest, that Dangote is 743 00:43:18.079 --> 00:43:21.400 too big to feel and that whatever is happening with 744 00:43:21.599 --> 00:43:25.760 DANGOTEA and Union should not affect the economy of Niger, 745 00:43:25.880 --> 00:43:29.400 that they can still fight. You've talked about government. If 746 00:43:29.400 --> 00:43:32.519 you shot honestly, if you shot the Ministry of whatever 747 00:43:32.679 --> 00:43:35.800 down doesn't affect nature the same where you shot to 748 00:43:35.880 --> 00:43:39.920 be fun down, So correct any anomally, I see you 749 00:43:40.000 --> 00:43:42.159 Jubo Trump is corrected for us? What's going on? 750 00:43:42.679 --> 00:43:43.119 Go ahead? 751 00:43:46.360 --> 00:43:49.400 So first of all, why should it be like why 752 00:43:49.440 --> 00:43:52.960 should our country or why should the government have to 753 00:43:53.960 --> 00:43:55.719 why should they be at this point where I we 754 00:43:55.719 --> 00:43:57.800 will say dang should not feel? 755 00:43:58.280 --> 00:44:00.800 Yeah, so people come and see and it's the true 756 00:44:00.880 --> 00:44:05.519 ty investors. But isn't that a personal investment. 757 00:44:06.559 --> 00:44:08.719 When you say, when you say too big to fail, 758 00:44:08.840 --> 00:44:12.320 it's just a realization and acnoulnggement that if the company 759 00:44:12.440 --> 00:44:16.119 goes down, he carries more with him. When you see, 760 00:44:16.199 --> 00:44:19.760 banks are too big to feels. The banks are private enterprises, 761 00:44:20.119 --> 00:44:23.519 but if a bank fails, there's a run on the bank. 762 00:44:24.039 --> 00:44:27.320 It affects the economy those that were no business with 763 00:44:27.400 --> 00:44:30.000 the bank. Look at twenty two thousand and seven, we 764 00:44:30.199 --> 00:44:34.840 had real estate mortgage in America alone fail because banks 765 00:44:34.880 --> 00:44:38.920 in America were irresponsible. But that crisis got to Nigeria. 766 00:44:39.360 --> 00:44:42.760 It got all over the world, toxic assets. Till today 767 00:44:42.800 --> 00:44:45.280 we're still dealing with it. So too big to feel 768 00:44:45.360 --> 00:44:48.039 is an economic term to show that if you remove 769 00:44:48.119 --> 00:44:51.199 dangoted today. Let's remove Dangota today. What about your error. 770 00:44:51.480 --> 00:44:54.119 It goes to three thousand, five thousand. If you remove 771 00:44:54.199 --> 00:44:57.840 Dangote today, shut it down today, your narra goes to 772 00:44:58.000 --> 00:45:00.639 three thousand, five thousand. Then you have to will fuse back. 773 00:45:01.039 --> 00:45:03.920 Then you have consumption with for your GDP, would for 774 00:45:04.480 --> 00:45:07.800 your pack will for your import to go up. That's 775 00:45:07.880 --> 00:45:09.920 the too big to feel. It doesn't matter if we 776 00:45:10.159 --> 00:45:13.119 like him, but the private company is a bit too 777 00:45:13.199 --> 00:45:14.960 big to feel. That's the point we're making. 778 00:45:17.079 --> 00:45:17.440 Thank you. 779 00:45:18.239 --> 00:45:21.800 That we don't want him to feel does not mean 780 00:45:22.119 --> 00:45:25.039 he shouldn't run that company. 781 00:45:24.679 --> 00:45:28.159 The refinery, that business will And I think. 782 00:45:28.280 --> 00:45:31.639 For Panzerson to come up now and say, okay. 783 00:45:31.440 --> 00:45:34.079 They're coming up and they're going to go on with 784 00:45:34.199 --> 00:45:37.400 their stroke or whatever, is because he. 785 00:45:37.559 --> 00:45:38.920 Has not I don't know. 786 00:45:39.039 --> 00:45:43.039 It's because what we're hearing, especially what we heard yesterday 787 00:45:43.159 --> 00:45:46.079 from the second what have you, it's that, yeah, even 788 00:45:46.199 --> 00:45:49.199 though it has been it's a large investment and what 789 00:45:49.440 --> 00:45:52.000 have you, don't not running it as a huge It's 790 00:45:52.039 --> 00:45:52.639 a business. 791 00:45:53.480 --> 00:45:56.199 It's a business, and this this man is not new 792 00:45:56.320 --> 00:45:57.360 to the business. 793 00:45:58.119 --> 00:46:01.239 So if for any reason, you if for any reason, 794 00:46:01.360 --> 00:46:05.320 because he has been called out at various stages. 795 00:46:05.400 --> 00:46:07.960 But it's because of this we don't want him to 796 00:46:08.119 --> 00:46:09.079 feel that. 797 00:46:09.280 --> 00:46:11.039 I still we didn't really. 798 00:46:10.920 --> 00:46:15.199 Look at at whatever from the regulators. 799 00:46:16.079 --> 00:46:18.400 To the unions, and still we didn't really sit down 800 00:46:18.440 --> 00:46:19.159 and look at what they do. 801 00:46:19.280 --> 00:46:21.840 We need I got you, so like again, guys, we 802 00:46:21.880 --> 00:46:24.480 need to share something. That person jubil tranting was the 803 00:46:24.880 --> 00:46:28.280 union's position. Please read that. We I don't want to 804 00:46:28.280 --> 00:46:30.079 put you on the spot by asking this question. But 805 00:46:30.760 --> 00:46:34.840 the same unions were in the NPS refineries. I think 806 00:46:34.920 --> 00:46:38.320 a union guy was on TV. Then I want to 807 00:46:38.559 --> 00:46:40.480 just say, well he said it was working the same 808 00:46:40.639 --> 00:46:44.800 unions and they're not working today. We spent about eighteen 809 00:46:44.960 --> 00:46:49.039 billion from trying to do turnelund maintenance on those refineries. 810 00:46:49.519 --> 00:46:52.960 I haven't seen an union person pickets and n NPC refinery. 811 00:46:53.039 --> 00:46:56.440 If I'm wrong, please correct me with well we turned 812 00:46:56.480 --> 00:46:59.840 these with blending plants. It's not working. Not as pig 813 00:47:00.039 --> 00:47:03.719 that them. The field and unions are there. So this 814 00:47:03.800 --> 00:47:06.679 guy has come now, he tried to buy the Geny refinery. 815 00:47:06.800 --> 00:47:09.079 It wasn't so to him because the unions said don't 816 00:47:09.079 --> 00:47:12.280 sell to him. He goes under his own refinery. Then 817 00:47:12.599 --> 00:47:14.719 you have not gone to his own refine to say, 818 00:47:15.199 --> 00:47:18.599 you're mostly a nice your nice closed down. 819 00:47:20.239 --> 00:47:21.039 I get you. I know. 820 00:47:21.039 --> 00:47:23.320 If you have a response to move to the next person, 821 00:47:23.480 --> 00:47:24.440 but I do take. 822 00:47:25.880 --> 00:47:29.039 Your last statement with you, and then I'll come back again. 823 00:47:30.079 --> 00:47:30.880 Give me the mic. 824 00:47:32.639 --> 00:47:36.320 So that that the guy you said was on TV 825 00:47:36.719 --> 00:47:38.880 gave call out to the n NPC. 826 00:47:40.239 --> 00:47:44.519 When they claimed they were because some some part of 827 00:47:44.639 --> 00:47:46.800 the story says part. 828 00:47:46.679 --> 00:47:49.440 Of blah blah blah, I don't also have the true details. 829 00:47:49.960 --> 00:47:54.320 But that he didn't do that doesn't mean that they 830 00:47:54.400 --> 00:47:55.400 shouldn't call. 831 00:47:56.039 --> 00:48:01.280 Then to selected, be selected, selective, but they can collapse 832 00:48:01.360 --> 00:48:03.320 and to the feeling is. 833 00:48:03.400 --> 00:48:08.280 That we want everybody to do what they should do. 834 00:48:09.320 --> 00:48:13.400 That we feel that this refinery is going to save economy. 835 00:48:13.480 --> 00:48:16.119 It shouldn't mean that we should allow it to run 836 00:48:16.239 --> 00:48:17.519 at the expense. 837 00:48:17.119 --> 00:48:20.519 Of human resources and the experens of people's health and 838 00:48:20.679 --> 00:48:22.400 what have you. It shouldn't. 839 00:48:22.400 --> 00:48:25.320 We shouldn't just I don't know, maybe I'm trying to 840 00:48:25.440 --> 00:48:28.239 be emotional party. I don't know if you want to, 841 00:48:28.719 --> 00:48:32.159 but we shouldn't just because of the economy of face issues. 842 00:48:32.679 --> 00:48:36.280 Realistically, he should he should operate the refinery well. 843 00:48:36.880 --> 00:48:39.519 That the end MPLC refinery is not gaining well. 844 00:48:40.079 --> 00:48:42.760 Our juniors are not calling out that does that mean 845 00:48:43.440 --> 00:48:45.360 that what they should not be called out to? 846 00:48:45.960 --> 00:48:49.960 Two runs will not make it right? Our come back. 847 00:48:50.559 --> 00:48:54.760 Let's get doctor b a real you doing sir. 848 00:48:56.199 --> 00:48:58.280 Very fine. Might have. 849 00:49:00.039 --> 00:49:03.119 To because most Nigerians do not even to understand the 850 00:49:03.280 --> 00:49:07.400 import of what we're trying to draw attentions to. In 851 00:49:07.559 --> 00:49:11.480 terms of said, see, I am one person that I 852 00:49:11.840 --> 00:49:13.440 hit and they go than go to other than go 853 00:49:13.519 --> 00:49:17.320 tell Finally hard you know the hardst is if you 854 00:49:17.400 --> 00:49:19.719 go to Susi Media, go to channels arise, you will 855 00:49:19.760 --> 00:49:23.519 see my position. We will not allow any manipulations, who 856 00:49:23.519 --> 00:49:26.800 will not allow any monopoly, will not allow anybody take 857 00:49:26.920 --> 00:49:29.599 us for granted the way they because this issue with 858 00:49:29.719 --> 00:49:34.599 Pengers and I aligned with the GOI finally one percent. 859 00:49:35.039 --> 00:49:37.119 He's fought less here and I want to those to 860 00:49:37.199 --> 00:49:40.039 one that this can we've gotten into the place in 861 00:49:40.119 --> 00:49:42.719 that we are with so much embraced med your creaty. 862 00:49:43.360 --> 00:49:44.599 We allow things to go. 863 00:49:44.800 --> 00:49:48.800 Service because of our military background and all the stuff 864 00:49:48.880 --> 00:49:51.400 before the advent of the bank and Pengers and and 865 00:49:51.440 --> 00:49:52.840 I want us to go back to history. 866 00:49:52.880 --> 00:49:53.599 It was the Middia that. 867 00:49:53.679 --> 00:49:58.519 Got this Pangers and all the other majors. Everybody used 868 00:49:58.519 --> 00:50:00.480 to have union in their own companies. 869 00:50:00.599 --> 00:50:05.480 Thanks God, their own union movie or union ship had that. 870 00:50:05.599 --> 00:50:07.840 Oh you know it was that military and they were 871 00:50:07.880 --> 00:50:11.559 all brought together under dispect. I'm looking and I want 872 00:50:11.599 --> 00:50:16.599 also understand this Client and Equal is a private business. 873 00:50:16.719 --> 00:50:19.000 And for everybody who understands. 874 00:50:18.920 --> 00:50:22.679 What relationship between employer and employee. 875 00:50:22.320 --> 00:50:26.119 Is, that's a relationship and relationship is documented and could 876 00:50:26.159 --> 00:50:27.639 to find and had employment. 877 00:50:28.159 --> 00:50:30.559 You know, I did not sad because I expected and 878 00:50:30.920 --> 00:50:33.199 don go to have taken the good to have taken 879 00:50:33.280 --> 00:50:35.679 precautional I measure even when they were employed. People there 880 00:50:36.039 --> 00:50:39.119 to study it clearly in the employment letter. We will 881 00:50:39.239 --> 00:50:42.880 not allow any lation in our company. And now see 882 00:50:43.360 --> 00:50:46.840 it is so painful, you know, we prot since this 883 00:50:47.039 --> 00:50:52.239 company is an a PC or Minister of Finance Incorporated or. 884 00:50:52.280 --> 00:50:55.360 Minister of Age or whatever. It's a private concern. 885 00:50:55.559 --> 00:50:59.000 And anybody who is an employee before first of all 886 00:50:59.039 --> 00:51:02.440 you put that application, you go through an interview process 887 00:51:03.719 --> 00:51:07.800 before they employ you something cap as an listed Then 888 00:51:07.840 --> 00:51:11.559 the employment letter is a document because. 889 00:51:11.239 --> 00:51:12.599 We have the coming all lest mission. 890 00:51:12.639 --> 00:51:15.360 We don't even want to start all these days in 891 00:51:15.800 --> 00:51:18.679 sety disputes between and liqual that. 892 00:51:18.760 --> 00:51:23.920 God refinery and the employees. They are laid down pusidio democratic. 893 00:51:24.880 --> 00:51:26.760 We have been post through our courts and have. 894 00:51:26.840 --> 00:51:30.480 Really look at CPN he capture became the governor of 895 00:51:30.559 --> 00:51:31.960 CBN what did he do? 896 00:51:32.760 --> 00:51:33.360 He saw the. 897 00:51:33.559 --> 00:51:36.400 Loss that was ppatriated by God in the message and 898 00:51:36.639 --> 00:51:38.960 some of the people within that place. See when they 899 00:51:39.039 --> 00:51:41.519 cleaned out spree which were going with what is better 900 00:51:42.480 --> 00:51:44.360 the word he took over to the mission to have 901 00:51:44.519 --> 00:51:47.719 cleaned up the n NBC some militiary puss that most 902 00:51:47.760 --> 00:51:53.239 of them caused the massive clear out over two hundred 903 00:51:53.400 --> 00:51:57.840 very place then left the services of the CPA. Some 904 00:51:58.079 --> 00:52:00.119 of them went to industry records and they've got to 905 00:52:00.280 --> 00:52:03.039 reprieve some of them the hard cases to anser. We 906 00:52:03.079 --> 00:52:07.920 are transportingly under as cases see today. And if you 907 00:52:07.960 --> 00:52:09.960 look at the cp and so some people will tell you, 908 00:52:10.039 --> 00:52:13.199 oh that Nicholas, whatever, it's not true. Where I know 909 00:52:13.360 --> 00:52:15.159 some of some involo guy. 910 00:52:15.039 --> 00:52:16.039 That we're affected, who are. 911 00:52:16.000 --> 00:52:18.639 My friend at the CPA, And that is what is 912 00:52:18.760 --> 00:52:22.039 expected if you feel a grief and as an activity 913 00:52:22.719 --> 00:52:26.239 as a look, they are laid down CUsing those for 914 00:52:26.400 --> 00:52:26.880 the dress. 915 00:52:27.320 --> 00:52:29.320 This is your person and the new. 916 00:52:29.320 --> 00:52:33.840 Pan behaving like abrows, shutting down the system, gotten down 917 00:52:33.960 --> 00:52:35.599 guards doing everything is. 918 00:52:37.159 --> 00:52:40.000 Is a relic of the era. How would you not 919 00:52:40.199 --> 00:52:40.679 encourage it? 920 00:52:41.159 --> 00:52:43.840 And I said, this again is the attitude that we 921 00:52:43.960 --> 00:52:45.559 carry in every day activities. 922 00:52:45.599 --> 00:52:45.840 I am. 923 00:52:46.400 --> 00:52:49.920 I was worst an employee, working more than seven bugs. 924 00:52:50.000 --> 00:52:53.440 I became an employer. Time my colleage begin to act, 925 00:52:53.559 --> 00:52:57.079 I said, there's what I learn in life, difaning for 926 00:52:57.280 --> 00:53:00.840 you with skills and value to add, you player. 927 00:53:00.639 --> 00:53:03.519 Will go to any leg when they change you. I 928 00:53:03.679 --> 00:53:06.599 always say it. Never can only say him job. Two 929 00:53:06.679 --> 00:53:09.239 years during this bank I said, yeah, I have value. 930 00:53:09.719 --> 00:53:12.159 Banks are patching me that way. If I don't have 931 00:53:12.400 --> 00:53:15.159 value to add, my employer will. He's leading me off. 932 00:53:16.280 --> 00:53:19.400 And that is the truth. And I always said, people say, well, 933 00:53:19.400 --> 00:53:21.360 good thing back. It was last like we were not 934 00:53:21.400 --> 00:53:22.519 allow anybody to retreat. 935 00:53:23.239 --> 00:53:26.639 If you have value to add to return to the 936 00:53:26.719 --> 00:53:29.079 employer asked me six for your hand. You will move 937 00:53:29.159 --> 00:53:32.119 from one level to another because you have value to add. 938 00:53:32.760 --> 00:53:35.039 One of the reasons why most of us behaved the 939 00:53:35.039 --> 00:53:38.000 way we lose. We have no value to add. Therefore 940 00:53:38.039 --> 00:53:41.360 we try to put ourselves like like here us live 941 00:53:41.480 --> 00:53:41.920 watch us. 942 00:53:42.079 --> 00:53:44.599 We got together to the strauble time with what advice 943 00:53:45.239 --> 00:53:49.719 because the billion ask a person for over eighteen years, 944 00:53:49.760 --> 00:53:53.719 we wasted eighteen billion dollars on the liver program on 945 00:53:53.800 --> 00:53:56.800 the twenty five that never worked. There was never a 946 00:53:56.960 --> 00:54:01.760 time no blank yeah members annually we are drawing one 947 00:54:01.800 --> 00:54:05.880 place in me in analysis in the monument, they were 948 00:54:06.000 --> 00:54:09.039 flying all over the word of conferences working there they 949 00:54:09.119 --> 00:54:11.840 finally that was not working. That was never a time 950 00:54:11.920 --> 00:54:16.119 to pink or pinkers like aspect twice everything was rented. 951 00:54:17.000 --> 00:54:20.519 I'm called for anyone to be sacked either or whatever 952 00:54:20.880 --> 00:54:25.039 for you. The virus not working there in tabooed with the. 953 00:54:25.119 --> 00:54:30.480 Criminals and the reglittered department of the old The finalists 954 00:54:30.519 --> 00:54:33.719 two roads recree after we did watched three of the 955 00:54:34.280 --> 00:54:37.400 aady there's some guys went on it to another working 956 00:54:38.679 --> 00:54:39.599 he was not working. 957 00:54:40.039 --> 00:54:42.880 So you know when I see people and said what 958 00:54:43.000 --> 00:54:43.360 a liquor? 959 00:54:43.440 --> 00:54:45.039 That what they do at the same time with this, 960 00:54:46.239 --> 00:54:50.639 if you are an employee in a liquor that go this. Finally, 961 00:54:51.679 --> 00:54:54.599 for whatever reason, you're not paying a way, I will 962 00:54:54.639 --> 00:54:58.000 have value to add for crying aloud that edge on 963 00:54:58.440 --> 00:55:04.280 deciding finalists all over what Nig's right intu it in. 964 00:55:06.559 --> 00:55:08.159 That of the war. 965 00:55:08.800 --> 00:55:11.800 Now, yeah, professors were expected if you did, you have 966 00:55:11.880 --> 00:55:13.400 excuse to have value to add. 967 00:55:13.440 --> 00:55:17.360 And it's not giving you got your city looks like 968 00:55:18.119 --> 00:55:19.679 that place. That is how it is done. 969 00:55:20.639 --> 00:55:24.800 Most people who in this movementality destroyed if we don't 970 00:55:24.840 --> 00:55:29.599 have it, people who have no value to add and 971 00:55:29.719 --> 00:55:32.800 the same problem we're having. The public center incomprehends me 972 00:55:32.920 --> 00:55:35.639 to come back to pasty. We really we kill were 973 00:55:35.719 --> 00:55:38.519 blond blunder just to have a part because. 974 00:55:39.840 --> 00:55:45.360 Value. So please, good day finally is too big to fail. 975 00:55:45.559 --> 00:55:48.079 I'm not finally good that good thing. But on this one, 976 00:55:48.559 --> 00:55:49.760 anybody that's not one. 977 00:55:49.800 --> 00:55:51.119 Point, we're not. 978 00:55:52.639 --> 00:55:53.719 I'm going to step too far. 979 00:55:53.920 --> 00:55:57.840 I thank you. Let me get what doctor. I appreciate 980 00:55:57.880 --> 00:56:02.280 the passion and ship. I think it's we want to 981 00:56:02.320 --> 00:56:05.280 have both sides. The point is this, and let's just 982 00:56:05.360 --> 00:56:08.360 get this very clear. We're going to have folks that 983 00:56:08.400 --> 00:56:12.159 will agree or disagree with Aliko Dangote. They will call 984 00:56:12.159 --> 00:56:15.400 you a monopolis. But let's not debate if Dangote is 985 00:56:15.440 --> 00:56:18.960 too big to feel it is. I just explain, if 986 00:56:19.559 --> 00:56:23.519 frinary stops today today, your dog, your daughter is going 987 00:56:23.599 --> 00:56:27.760 to go to about three thousand, five thousand. You have 988 00:56:27.960 --> 00:56:31.280 your fuel que back, you will stop the non oil 989 00:56:31.400 --> 00:56:35.239 export top of crash. So it's in fact it's too 990 00:56:35.280 --> 00:56:38.880 big to feel get hit. Please commun come in here 991 00:56:38.920 --> 00:56:39.400 as an engineer. 992 00:56:41.280 --> 00:56:47.239 Good there everyone, I've had in mind to start from 993 00:56:47.360 --> 00:56:52.079 the subsided itself, like where you. 994 00:56:52.199 --> 00:56:58.840 Just now regarding coming back, because the many who was 995 00:56:58.880 --> 00:57:04.760 a dang the finality is the one that's made the disappear. No, sir, 996 00:57:05.280 --> 00:57:09.239 Now let's start from the issue of subcity also production. 997 00:57:09.880 --> 00:57:11.679 My name is engineer. 998 00:57:12.679 --> 00:57:16.559 I'm the pature inspector myself there also worked as a 999 00:57:16.679 --> 00:57:19.719 latter manager from most financial institutions. 1000 00:57:19.679 --> 00:57:21.920 So that won't be on the side. 1001 00:57:22.559 --> 00:57:22.719 Now. 1002 00:57:24.039 --> 00:57:30.480 The era of sub Cidy three twenty twelve, before the 1003 00:57:31.400 --> 00:57:32.280 twenty twelfth. 1004 00:57:33.599 --> 00:57:34.199 The PM. 1005 00:57:34.519 --> 00:57:37.800 So many people there that at the time the EU 1006 00:57:38.800 --> 00:57:42.440 government answer of as remained depict Later the answer of 1007 00:57:42.519 --> 00:57:45.719 the ep K the n PMSK me and everybody was 1008 00:57:45.760 --> 00:57:52.360 on PMS. Now, the era between the the especial of 1009 00:57:52.440 --> 00:57:55.519 twenty two thousand and nine to twenty lear. 1010 00:57:57.119 --> 00:58:02.360 Was governments maybe very mark for PMS price. They goad 1011 00:58:02.440 --> 00:58:04.039 license to market to bring it in. 1012 00:58:04.440 --> 00:58:09.159 When they bring it in, they who invoice the government. Okay, 1013 00:58:09.199 --> 00:58:11.760 we're bringing so and surprise. 1014 00:58:12.280 --> 00:58:16.119 Now the way it's designed to work then was they. 1015 00:58:16.039 --> 00:58:20.199 Are over recovery and under recovery. Now, if your landing 1016 00:58:20.400 --> 00:58:26.800 costs is less than the Sellium prize the Nigeria going 1017 00:58:26.840 --> 00:58:30.480 to the end episode and then is asking the people 1018 00:58:30.880 --> 00:58:34.880 us to pay for pms and polictations, then the. 1019 00:58:34.920 --> 00:58:38.719 Government will pay back the government. If your unit cost is. 1020 00:58:38.800 --> 00:58:42.920 Less than you have to pay back obtuly of the era, 1021 00:58:43.719 --> 00:58:47.679 it's not always government with now if it is more 1022 00:58:47.760 --> 00:58:50.559 than the governments, you will taking the cops the value 1023 00:58:50.559 --> 00:58:52.679 you're bringing the differeniers and then pay you. 1024 00:58:53.079 --> 00:58:58.599 That is supposed to work. However, that twenty so many 1025 00:58:58.679 --> 00:59:00.199 people have beauty process. 1026 00:59:01.280 --> 00:59:04.800 So many of our products exported outside the country. Back 1027 00:59:04.880 --> 00:59:08.280 the drugs that responts story. Some people will bring in 1028 00:59:08.400 --> 00:59:11.800 ten thousand metric wrong claim do do domination claims eleven 1029 00:59:11.840 --> 00:59:15.679 thousand metric tones. So we won't bring in prudence. They 1030 00:59:15.719 --> 00:59:20.320 will take it out and still claim subsidi for it. 1031 00:59:20.719 --> 00:59:24.559 If you want more explanation is a Bower's book. 1032 00:59:25.119 --> 00:59:29.079 It's when I read it did so many details about 1033 00:59:29.239 --> 00:59:30.480 what after we went wrong? 1034 00:59:30.559 --> 00:59:34.280 Then that's side. Then where it came in. Now that 1035 00:59:34.599 --> 00:59:39.599 elis was face over the era. When you came in. 1036 00:59:40.320 --> 00:59:44.840 What they did was they removed they make an MPC. 1037 00:59:44.840 --> 00:59:50.039 Disul important of the products such that even if you 1038 00:59:50.159 --> 00:59:53.039 can't if you order people also have license, you can't 1039 00:59:53.039 --> 00:59:53.800 stip bringing it in. 1040 00:59:54.159 --> 00:59:56.440 But the unfortunating day was. 1041 00:59:57.360 --> 01:00:03.440 An MPC price is little less than the landing costs. 1042 01:00:04.400 --> 01:00:07.159 So there's no way a new market town will bring 1043 01:00:07.280 --> 01:00:10.440 it redogs to complete the n MPC. 1044 01:00:10.360 --> 01:00:13.440 Price now and as the hella. 1045 01:00:13.360 --> 01:00:17.239 We have between twenty fifteen up to Socidy is going 1046 01:00:17.360 --> 01:00:22.039 to May twenty ninety or two thousand and three or twenty. 1047 01:00:23.000 --> 01:00:23.920 So that's the era. 1048 01:00:24.239 --> 01:00:26.920 Then at the point that was more love more for 1049 01:00:27.119 --> 01:00:33.000 us again they changed it to pot for paymental delights. 1050 01:00:33.239 --> 01:00:39.079 That is also another era now in that era of well, now, 1051 01:00:39.159 --> 01:00:42.239 this is very port that era of NMC to fort 1052 01:00:42.280 --> 01:00:46.960 that everybody seventy lesson ninety at that time have to 1053 01:00:47.079 --> 01:00:48.599 rely on an PC. 1054 01:00:49.440 --> 01:00:50.159 Or stopp life. 1055 01:00:51.840 --> 01:00:55.079 Now we've got now if there's any destructure that happened 1056 01:00:55.159 --> 01:00:58.800 that mad an NPC not to delive out on time, 1057 01:00:59.119 --> 01:01:02.920 that's what that person and those go outside and drinking. 1058 01:01:03.119 --> 01:01:06.360 It can't break even. That's why everybody now have to 1059 01:01:06.440 --> 01:01:10.280 wait for any pc emphasis of everybody. That's what bring 1060 01:01:10.800 --> 01:01:12.800 all those cubes of those times. 1061 01:01:13.480 --> 01:01:16.880 But now the era of susigy is gonna find. 1062 01:01:18.519 --> 01:01:23.239 Immediately. If you notice your wrides went to exactly what 1063 01:01:24.199 --> 01:01:30.639 internationally then everybody started bringing in I remember my dam 1064 01:01:30.840 --> 01:01:34.280 they didn't do ceremonial and it was there all this government. 1065 01:01:37.480 --> 01:01:39.239 Where where are you going? 1066 01:01:40.760 --> 01:01:45.719 No? You know you may and you you say something 1067 01:01:45.760 --> 01:01:51.679 about that takes the wonder that let us have no. 1068 01:01:53.440 --> 01:01:54.639 That is why I'm priving that. 1069 01:01:56.639 --> 01:02:01.519 Regarding that one first, Now the the what is the 1070 01:02:01.760 --> 01:02:07.920 other king? That's the main reason why they's no key, 1071 01:02:08.760 --> 01:02:12.159 Not because of that goody overnight, not that all it 1072 01:02:12.480 --> 01:02:15.400 has a presence. Now do go there as if for 1073 01:02:15.519 --> 01:02:17.599 lender forty cent over doction. 1074 01:02:19.199 --> 01:02:20.079 You can protect this. 1075 01:02:22.159 --> 01:02:24.760 Now that will be one on one side. Now on 1076 01:02:24.920 --> 01:02:30.840 the side of the issue now and saying, dang gooding 1077 01:02:31.920 --> 01:02:35.719 what you are I think was discussing your time? Now 1078 01:02:35.880 --> 01:02:37.599 what's the issue? 1079 01:02:37.719 --> 01:02:41.320 Now? Was there in the press. 1080 01:02:41.199 --> 01:02:47.079 Release the month they have the this starts having. 1081 01:02:47.000 --> 01:02:50.760 Freedom to join union of their choice. 1082 01:02:51.159 --> 01:02:56.280 Which is a constitutionally galanty to write for anybody, and 1083 01:02:56.480 --> 01:02:57.440 that liberal law. 1084 01:02:58.840 --> 01:03:00.800 Some of them I know most of those days. 1085 01:03:00.880 --> 01:03:04.159 Some of them are in my situation not this why 1086 01:03:04.840 --> 01:03:07.519 and the society apranchise will say, okay, we're going to 1087 01:03:07.719 --> 01:03:09.679 Nika said, apposed them. 1088 01:03:11.920 --> 01:03:12.400 Up there for you. 1089 01:03:12.480 --> 01:03:16.440 They go on the one when the management, now see 1090 01:03:16.480 --> 01:03:20.639 what happened, It comes up a bringing about issue of okay, 1091 01:03:20.639 --> 01:03:24.639 you send in forms to people, are part of any union, 1092 01:03:24.800 --> 01:03:27.360 yes or no? Then the sacking or do whatever. Now 1093 01:03:27.519 --> 01:03:30.199 the main issue for numbers. The main issue now is 1094 01:03:30.320 --> 01:03:32.880 spend that scene you say. They're not talking about your pride. 1095 01:03:33.000 --> 01:03:36.480 They are months, they are paying depends re state. 1096 01:03:36.760 --> 01:03:40.480 Decide to podcast the right of workers to join you, 1097 01:03:40.719 --> 01:03:43.199 he said, question to rate. See the rights. It's not 1098 01:03:43.320 --> 01:03:47.000 the gifts. Now that is on one side. 1099 01:03:47.320 --> 01:03:51.800 Now we have so many graduate engineers and engineering. 1100 01:03:52.320 --> 01:03:55.559 I know what it takes in Engan. We have the technicians, 1101 01:03:55.639 --> 01:03:58.039 we have the technologies that you have the engineers themselves. 1102 01:03:58.320 --> 01:04:03.719 Now the technologists at schools and those are the technician. 1103 01:04:04.159 --> 01:04:09.320 Then the technologists are the engineers are people who go. 1104 01:04:09.480 --> 01:04:13.440 To engineering school and at least practice for a minimum 1105 01:04:13.719 --> 01:04:18.480 of four years after Now we're not obviously the engineer 1106 01:04:18.559 --> 01:04:19.159 and engineer. 1107 01:04:19.559 --> 01:04:21.199 Eve was satisfied. 1108 01:04:22.480 --> 01:04:28.440 Four hundred thousand ERA by an Indian technicians regular doing 1109 01:04:28.599 --> 01:04:31.920 exactly the same work in our country. 1110 01:04:34.400 --> 01:04:39.599 And people are just justify this. Okay. 1111 01:04:40.079 --> 01:04:44.440 So just to be clear, let me see if because 1112 01:04:45.920 --> 01:04:49.480 to speak. So you've talked around that Dangote allowed the 1113 01:04:49.559 --> 01:04:53.039 workers to join a union. But that's statement from Dango 1114 01:04:53.360 --> 01:04:57.840 also said that you cannot force anyone. They said, yes, 1115 01:05:00.280 --> 01:05:03.519 engineting does make that point. He said. He said the 1116 01:05:03.599 --> 01:05:07.559 staff can join, but can force them to join. That's 1117 01:05:07.639 --> 01:05:10.679 number one. Number two I think, don't kind of speaker 1118 01:05:10.760 --> 01:05:15.000 here talk about it's a private company. It's a private company, 1119 01:05:15.280 --> 01:05:19.280 the Coat of Nigeria super egos in Nigeria. How much 1120 01:05:19.400 --> 01:05:21.760 is it paid? Okay, how much is that coach paid? 1121 01:05:22.039 --> 01:05:23.920 How much the Nigerian coach is paid? 1122 01:05:31.480 --> 01:05:31.840 I don't know. 1123 01:05:34.079 --> 01:05:41.880 Engineering the oil industry is in Nigeria, it's not in Marsiat. 1124 01:05:41.920 --> 01:05:44.199 Don't tell me. I'd like you to speak. So and 1125 01:05:44.239 --> 01:05:46.679 in the second point, I make it that the private 1126 01:05:46.960 --> 01:05:49.639 the CEO says he wants to pay some from Ukraine 1127 01:05:49.760 --> 01:05:52.440 one million and he wants to pay the Nigerian guy 1128 01:05:52.880 --> 01:05:56.239 ten thousand. So are you saying I'm just asking you, 1129 01:05:56.440 --> 01:05:59.760 you're saying it's illegal or it's wrong or what's your point, 1130 01:06:02.639 --> 01:06:02.920 hold on. 1131 01:06:05.840 --> 01:06:11.800 On one hand to that something is a legal, is 1132 01:06:11.840 --> 01:06:13.840 a logical or not leg? 1133 01:06:16.079 --> 01:06:20.239 I would say more than that, what is wrong if 1134 01:06:20.360 --> 01:06:24.239 if he's paying the Indians x amount and wide amount? 1135 01:06:25.039 --> 01:06:27.679 What is the real issue? Are you saying that the 1136 01:06:29.039 --> 01:06:31.920 doing the same job. But here's the c right, he 1137 01:06:32.079 --> 01:06:35.719 looked at their cvs. He knows the body adding is 1138 01:06:35.840 --> 01:06:38.920 he is the one pain. It's not you and I pain. 1139 01:06:39.079 --> 01:06:40.199 He is the one pain. 1140 01:06:42.639 --> 01:06:43.760 So what is your point? 1141 01:06:50.119 --> 01:06:50.360 Answer? 1142 01:06:52.599 --> 01:06:56.400 Hold on, hold on, donald, go ahead, answer, go ahead, 1143 01:06:56.840 --> 01:06:59.440 just go ahead, go ahead. Then give me a take. 1144 01:07:00.440 --> 01:07:04.039 Okay, thank you, thank you doctor something. 1145 01:07:04.360 --> 01:07:08.159 That's when an employee joins the good thing they give him. 1146 01:07:08.199 --> 01:07:15.480 An employee letter stated should He said should? It is should? 1147 01:07:17.239 --> 01:07:18.760 Can let me answer this question? 1148 01:07:19.199 --> 01:07:21.719 If you have one and you sign an agreement with 1149 01:07:21.840 --> 01:07:25.480 the person helping you this morning, I will based I 1150 01:07:25.519 --> 01:07:28.960 would be a state for number of years. It is 1151 01:07:29.199 --> 01:07:31.320 that issue to court with that and even though you 1152 01:07:31.480 --> 01:07:32.480 signed it will stand. 1153 01:07:33.079 --> 01:07:33.880 There are issues that. 1154 01:07:35.360 --> 01:07:39.440 In his level law, like your level level law, even 1155 01:07:40.000 --> 01:07:46.639 national level organization, it is an in non negotiable provision. 1156 01:07:46.360 --> 01:07:48.199 That you have right to unionize. 1157 01:07:48.440 --> 01:07:52.519 Yeah, question, isn't my best company? 1158 01:07:53.119 --> 01:07:54.760 They do not. It's not given it's not. 1159 01:07:55.840 --> 01:07:59.920 But then to ask not your just thing to the 1160 01:08:05.840 --> 01:08:09.079 hold hold I don't want to meet. Hold on, hold on, 1161 01:08:09.199 --> 01:08:13.440 hold on, hold on, Daniel, hold on, Daniel, just hold on, 1162 01:08:13.800 --> 01:08:18.439 just hold on, hold on the point being made it's 1163 01:08:18.479 --> 01:08:24.880 a it's a private company. I want to hold on. Please, 1164 01:08:25.159 --> 01:08:29.960 it's a private company. Right, is a private company. He 1165 01:08:30.279 --> 01:08:32.920 said in a statement that he will not stop anybody 1166 01:08:33.039 --> 01:08:35.960 from unionizing, but he also said you cannot force pool 1167 01:08:36.039 --> 01:08:40.319 to join in. It's clear. So it's fifty fifty so 1168 01:08:40.439 --> 01:08:43.560 but the point engineers make it up in Indians are 1169 01:08:43.600 --> 01:08:55.079 being paid, have been paid. Why now, I guess starts 1170 01:08:55.119 --> 01:08:57.279 to meet people. If you don't call you you speak, 1171 01:08:57.359 --> 01:08:59.000 I'll just take you off the chat. I'm trying to 1172 01:08:59.239 --> 01:09:01.920 allow you to be organic. But yeah, go ahead and 1173 01:09:02.880 --> 01:09:05.039 just try to follow a book listing. That won't just 1174 01:09:05.359 --> 01:09:10.239 get the issue. If we talk about please go ahead, building. 1175 01:09:10.039 --> 01:09:10.680 And everybody and. 1176 01:09:12.479 --> 01:09:15.600 Legal protection and consult for some of these other companies. 1177 01:09:15.720 --> 01:09:18.840 And I just want to stay really clear first, these 1178 01:09:18.880 --> 01:09:20.840 are the issues for the domination that we really like 1179 01:09:20.920 --> 01:09:25.159 so address first of all the issue of private. Yes, 1180 01:09:25.279 --> 01:09:27.560 we should be really this is what the loss is 1181 01:09:28.279 --> 01:09:32.119 by various sectors in our economy. A good example is 1182 01:09:32.159 --> 01:09:36.920 the gas sector. Now the sector fully not only constitution, 1183 01:09:37.119 --> 01:09:39.520 not only the liberal law of the land, but also 1184 01:09:40.000 --> 01:09:43.920 international label organizational law that has been set in places, 1185 01:09:44.680 --> 01:09:48.880 be the public trad contum be the private welical entity 1186 01:09:49.039 --> 01:09:51.439 or beat PPP, Drinks Virtue or the like. 1187 01:09:51.760 --> 01:09:56.520 So first we should actually reduce that where we say, oh, 1188 01:09:56.680 --> 01:09:58.159 Dangote is a private. 1189 01:09:58.239 --> 01:10:01.880 Company that is wrondom the moment. We should not also 1190 01:10:02.000 --> 01:10:06.600 forget everyone that the federal government also mistake in that 1191 01:10:06.840 --> 01:10:10.800 final the reason why a major stakeholders in establishments going 1192 01:10:10.880 --> 01:10:13.479 a gas sector is to put what we call it 1193 01:10:13.600 --> 01:10:17.960 feels safe and balances and some issues relating to welfare 1194 01:10:18.279 --> 01:10:21.359 as adults working environments. Victam and the likes not let 1195 01:10:21.439 --> 01:10:26.319 me need them explain this special between peas. Now it 1196 01:10:26.439 --> 01:10:29.680 is written my rights and that privilege information that we 1197 01:10:29.800 --> 01:10:33.239 see this clearly, which is which is what the address 1198 01:10:34.000 --> 01:10:34.359 tell us. 1199 01:10:34.399 --> 01:10:37.640 A number one did not force, did not have rush, 1200 01:10:38.079 --> 01:10:43.640 did not see this the close stuff of them a 1201 01:10:43.760 --> 01:10:45.079 refiner it. 1202 01:10:45.159 --> 01:10:49.760 To interest everyone to go on this call that they enjoined. 1203 01:10:49.880 --> 01:10:52.720 It was two days after the joment that they were 1204 01:10:52.840 --> 01:10:54.880 dropped before they joined. 1205 01:10:55.279 --> 01:10:59.560 And you guys aware the managements preferred about it and 1206 01:11:00.119 --> 01:11:03.560 kicking from the really motories and now managements will be 1207 01:11:03.560 --> 01:11:07.000 appreciated about it. Money being are the issue because by 1208 01:11:07.079 --> 01:11:10.840 the communities, in line with their custom for workers. 1209 01:11:10.840 --> 01:11:13.319 Big junior, Big Senior to whatever I want to do. 1210 01:11:13.960 --> 01:11:16.279 Now, I think something changs and on the lab and 1211 01:11:16.720 --> 01:11:20.439 someone else indicated that probably allotting himself. 1212 01:11:22.439 --> 01:11:24.920 More decision for this task to drink. 1213 01:11:24.840 --> 01:11:28.000 Was really wrong move, probably is going to lead to distruction, 1214 01:11:28.960 --> 01:11:32.199 distruction when they strike in future. 1215 01:11:32.000 --> 01:11:32.479 Or the lab. 1216 01:11:32.600 --> 01:11:35.800 It wasn't one that in all of his Sunday his says, 1217 01:11:35.840 --> 01:11:39.560 how can I reason and logical in this thing? Won't 1218 01:11:40.199 --> 01:11:46.399 make what would reach over eight hundreadful fields pas preconstruction, 1219 01:11:47.079 --> 01:11:51.239 first construction, and two years after operation to finally decided 1220 01:11:51.279 --> 01:11:54.399 to say, almost me beatings that are going so well, 1221 01:11:54.760 --> 01:11:55.600 I think it's fine. 1222 01:11:55.760 --> 01:11:57.920 We can I out to a body or we can 1223 01:11:58.079 --> 01:12:03.960 ask for someone what is to repeatable available in that set? 1224 01:12:06.920 --> 01:12:09.319 Because it start SI stuf association, it. 1225 01:12:09.359 --> 01:12:10.439 Doesn't cover genius. 1226 01:12:10.640 --> 01:12:13.119 It does not cover so we we have to be 1227 01:12:13.199 --> 01:12:16.000 really careful when we are dressed certain teams as to 1228 01:12:17.479 --> 01:12:20.800 what needs to be It's a perfect science. Now on 1229 01:12:20.920 --> 01:12:23.199 the issue of ex Patrick I will say this, I 1230 01:12:23.319 --> 01:12:25.640 spent some time in Oble States and that I think 1231 01:12:25.720 --> 01:12:27.319 it was underbo the jannetary game. 1232 01:12:27.399 --> 01:12:29.680 We are so one of the biggest consults in my life. 1233 01:12:29.920 --> 01:12:31.079 I think the really really. 1234 01:12:31.039 --> 01:12:35.039 National reconsulction that was being undod by the Kinistates Civil 1235 01:12:35.079 --> 01:12:38.319 Engineering Company. It was then I realized first round the 1236 01:12:38.359 --> 01:12:42.920 experience that I looked at, we somehow over glued the 1237 01:12:43.079 --> 01:12:46.199 idea of any white man we see on side. 1238 01:12:50.600 --> 01:12:55.199 Let's just let's just I think it a very legal point. 1239 01:12:55.199 --> 01:12:57.880 I want to ask you, is this if they've all 1240 01:12:58.039 --> 01:13:02.960 joined the union that you had them, it is legal legal. 1241 01:13:04.840 --> 01:13:08.000 Where if they're able to prove, if they're able to 1242 01:13:08.239 --> 01:13:12.119 establish that's the reason for their dismissal was as a 1243 01:13:12.199 --> 01:13:14.640 resource of the joining association. 1244 01:13:14.880 --> 01:13:17.920 It is marked by the conservation of a section forty 1245 01:13:18.079 --> 01:13:22.279 the freedom are able to drink any association. It creates 1246 01:13:22.319 --> 01:13:23.399 a discrimination. 1247 01:13:24.319 --> 01:13:27.199 Where do they get Where did they prove that? Where 1248 01:13:27.279 --> 01:13:28.359 do the benefit proving that? 1249 01:13:28.760 --> 01:13:31.119 Okay, thank you mister for this good question. 1250 01:13:31.439 --> 01:13:34.920 I think someone mentioned I think it is mister Barreau 1251 01:13:35.079 --> 01:13:38.239 or the front mentioned. Oh, the assistant their checks in 1252 01:13:38.319 --> 01:13:42.319 place that address issues like this. Again, we were a 1253 01:13:42.479 --> 01:13:46.359 legal system in Nigeria doesn't not actually. 1254 01:13:46.159 --> 01:13:49.640 Provide legal system the time. 1255 01:13:49.840 --> 01:13:54.479 If the time, Dad, if it's still in those it 1256 01:13:54.560 --> 01:13:57.359 is going to be different or the last the time 1257 01:13:58.840 --> 01:14:02.720 for this matter to be to eat condred of things 1258 01:14:03.039 --> 01:14:03.760 to be address. 1259 01:14:03.920 --> 01:14:08.880 Trust me, Okay, let's let's. 1260 01:14:10.239 --> 01:14:13.640 Let's do that. Let's agree to that. What about Pengerson? 1261 01:14:14.079 --> 01:14:16.880 What is the legal before they can go and strike 1262 01:14:17.079 --> 01:14:21.199 or to block the refine? What are the legal what 1263 01:14:21.479 --> 01:14:23.960 they want to do? Can they just do what they want? 1264 01:14:24.279 --> 01:14:25.439 What are the process. 1265 01:14:27.840 --> 01:14:31.399 And order to know that strike all the label law 1266 01:14:31.520 --> 01:14:36.000 is considered as an act of good. I read the 1267 01:14:36.880 --> 01:14:40.560 statement that were released by the TAPS refinery said the 1268 01:14:40.720 --> 01:14:45.800 mentioned issues of people, some contract design those now again 1269 01:14:46.399 --> 01:14:47.720 you would strike? 1270 01:14:48.119 --> 01:14:51.920 Ask the question a questions, ask the question. What I'm 1271 01:14:51.960 --> 01:14:55.479 asking is that if Pengerson decides to go and strike today, 1272 01:14:56.079 --> 01:14:58.920 what are the legal staff they have to take to 1273 01:14:59.039 --> 01:15:00.039 go and strike. 1274 01:15:02.359 --> 01:15:04.920 The issue? 1275 01:15:07.039 --> 01:15:11.000 Hamidius I, you I. 1276 01:15:11.079 --> 01:15:15.560 Have no idea. It is constituted. That's where they have 1277 01:15:15.840 --> 01:15:17.960 the schools. I think we are. 1278 01:15:20.640 --> 01:15:23.000 The point that making that when you bring up the 1279 01:15:23.079 --> 01:15:26.239 legal side that the workers cannot be fired, because you 1280 01:15:26.279 --> 01:15:30.600 know you are totally correct, you are correct, correct that 1281 01:15:30.920 --> 01:15:35.800 no employer should fire any employee because the employee constitionally 1282 01:15:35.880 --> 01:15:38.840 went and joinking you're right, and that has ruined the course. 1283 01:15:38.960 --> 01:15:41.600 But then if you didn't now say she doesn't allow 1284 01:15:41.840 --> 01:15:45.199 Pekerson to then go to an institution and brought them. 1285 01:15:45.439 --> 01:15:47.640 So if for instance, it's to be an if an 1286 01:15:47.680 --> 01:15:51.399 IDB sacks workers, pengers were going to shut down the 1287 01:15:51.760 --> 01:15:54.119 n I d B. That I was also transfer money 1288 01:15:54.199 --> 01:15:57.159 in the you know some things are too large to 1289 01:15:57.239 --> 01:15:59.600 feel if empty and fires the worker, we share the 1290 01:15:59.640 --> 01:16:00.640 fiber optics that. 1291 01:16:01.520 --> 01:16:05.640 Mister reply to that, so training depends on this. Second 1292 01:16:06.960 --> 01:16:10.159 I started that they are verious sector with different models 1293 01:16:10.359 --> 01:16:19.640 around the set your believe we have family members friends. Second, 1294 01:16:19.680 --> 01:16:23.800 you can't you agree with me how dangerous that sect 1295 01:16:23.880 --> 01:16:27.920 of this intention of the working environment because it changes 1296 01:16:28.239 --> 01:16:29.520 that they are exclused to. 1297 01:16:29.880 --> 01:16:32.039 Now it doesn't interested by data. 1298 01:16:32.560 --> 01:16:39.920 That's a lot of then that menial don't have the laws. 1299 01:16:40.399 --> 01:16:42.439 But it's not more it's not it's not it's not 1300 01:16:42.640 --> 01:16:46.119 more dangerous than the Nigerial police force and Nigal police 1301 01:16:47.239 --> 01:16:51.960 cannot strike. And again the energy sector is what we 1302 01:16:52.079 --> 01:16:56.680 call a national security sector. As you if we stop patrol, 1303 01:16:56.960 --> 01:16:59.479 stop products tomorrow, this month already we are going to 1304 01:16:59.479 --> 01:17:03.399 be panicking today. Government has said they're going to step 1305 01:17:03.479 --> 01:17:07.680 in fragment as if they did not step in, and 1306 01:17:07.800 --> 01:17:11.840 there were few accused from Monday panic buying the culls 1307 01:17:12.199 --> 01:17:16.039 they didn't, you will suffer. It's a strategic sector. If 1308 01:17:16.079 --> 01:17:19.039 we just cannot go un block that entrance. 1309 01:17:19.079 --> 01:17:21.159 He would need let me conclue, we can't do that. 1310 01:17:22.359 --> 01:17:25.960 Let me concute one of different one of the elements 1311 01:17:26.000 --> 01:17:26.880 and instruments. 1312 01:17:27.159 --> 01:17:31.960 Associations and pressure groups like the Medical Association of Ideria 1313 01:17:32.359 --> 01:17:34.119 te U s uses our work. 1314 01:17:34.359 --> 01:17:35.039 We have them. 1315 01:17:36.479 --> 01:17:40.960 Please not resigning temporarily again work stations, because if you. 1316 01:17:41.039 --> 01:17:47.600 Don't do that time over again a country climate negotiations 1317 01:17:48.000 --> 01:17:51.640 is street. If you want, if you scrap, if you 1318 01:17:51.720 --> 01:17:54.319 start with school, let's command this contract and conversations. 1319 01:17:54.640 --> 01:17:57.319 It is treated slowly, it is addressed and it is 1320 01:17:57.399 --> 01:18:01.479 spreaded so much. So important is pressure groups. When need 1321 01:18:01.640 --> 01:18:04.399 is busy. Government on one of the one of the 1322 01:18:04.439 --> 01:18:13.680 ways preseral and of striking the area it's going. Someone said, 1323 01:18:13.720 --> 01:18:16.760 oh it is final, he can do whatever he like. 1324 01:18:17.079 --> 01:18:19.920 Please this week said the Jerus. 1325 01:18:20.039 --> 01:18:24.079 Precedents across both sectors and putitious that. 1326 01:18:24.119 --> 01:18:29.439 Will becoming infow I have no issues with you, and 1327 01:18:29.760 --> 01:18:32.399 you really have no issues with Well, if we are 1328 01:18:32.479 --> 01:18:36.479 now to say and say president, one man, one man 1329 01:18:36.640 --> 01:18:40.560 himself can decide to fight you over, three unions can 1330 01:18:40.640 --> 01:18:42.560 decide to okay, I want to remove over. 1331 01:18:42.720 --> 01:18:48.960 It doesn't work without any traits and travel overseas. 1332 01:18:51.079 --> 01:18:54.880 When you say this right, when you see when the 1333 01:18:54.920 --> 01:18:56.760 point when you when you say this right, we go 1334 01:18:56.960 --> 01:18:59.239 back to the n n PC unions. They are also 1335 01:18:59.520 --> 01:19:02.520 unions in n n PC. Why did they not if 1336 01:19:02.560 --> 01:19:05.560 you say one fight, why did those unions also not 1337 01:19:05.760 --> 01:19:08.880 use this great power you said they go to guys, 1338 01:19:09.000 --> 01:19:11.960 look to a body that could step in, and then 1339 01:19:12.039 --> 01:19:14.239 they went to the unions. Why didn't those unions they 1340 01:19:14.319 --> 01:19:17.760 went to go to n n PC and make an 1341 01:19:17.920 --> 01:19:21.119 MPC work. Why is it so selective that they got 1342 01:19:21.239 --> 01:19:24.520 now has to have union oversight? Well, the n n 1343 01:19:24.600 --> 01:19:28.079 PC that is there, what has you know Well it's not. 1344 01:19:32.399 --> 01:19:35.520 Yes, yes, sorry, I'm taking a lot of time from 1345 01:19:35.920 --> 01:19:39.199 because but let me say this is TRUC. We have 1346 01:19:40.600 --> 01:19:46.319 n PC, We have pegs. We have pegs total exambile. 1347 01:19:45.720 --> 01:19:52.880 And they all have does anybody you've met refinery anyone. 1348 01:19:56.039 --> 01:20:01.960 We are talking about like and jury association. 1349 01:20:03.560 --> 01:20:06.560 But there's no there's no refinery into time. 1350 01:20:08.920 --> 01:20:15.479 Let me let me let me correlation does it's not 1351 01:20:15.680 --> 01:20:16.840 actually appropriate? 1352 01:20:17.279 --> 01:20:21.279 So reason to be with finer? What has what has 1353 01:20:21.399 --> 01:20:22.880 pengersen done for me lately? 1354 01:20:24.119 --> 01:20:30.000 Okay? Greg said, is the reason why people in those 1355 01:20:30.000 --> 01:20:33.760 street cret because I don't want to go back to history. 1356 01:20:34.079 --> 01:20:37.239 That's more. Finally, working in the idea, there is no 1357 01:20:37.439 --> 01:20:48.840 working refining. Let me go real quick. Let's talking about. 1358 01:20:49.680 --> 01:20:52.399 Please let me answer him. Let me answer him. 1359 01:20:52.720 --> 01:21:00.279 First of all, people stating that telling telling brown and 1360 01:21:00.399 --> 01:21:00.640 all of. 1361 01:21:00.680 --> 01:21:04.319 The legs beg the n P because not mean that 1362 01:21:04.439 --> 01:21:10.359 there's no nothing that I'm telling. The truth is many 1363 01:21:10.439 --> 01:21:15.239 people except you have been so you don't know findngineer. 1364 01:21:16.359 --> 01:21:16.800 I think. 1365 01:21:18.199 --> 01:21:21.640 I already mentioned finance working. Just go straight to your point. 1366 01:21:21.760 --> 01:21:28.680 I didn't mention that your delta refinery that does I 1367 01:21:28.800 --> 01:21:32.680 mentioned mentioned the wester hamfin in the states I mentioned. 1368 01:21:34.640 --> 01:21:37.560 I didn't mention the small ones. I mentioned the big ones. 1369 01:21:37.760 --> 01:21:41.560 Yes, mm hmm, let me just tell you this. 1370 01:21:42.560 --> 01:21:46.000 It's telling and you telling you Finer, you are quality. 1371 01:21:47.399 --> 01:21:50.920 There's fingers and really, finally have they show did you 1372 01:21:51.039 --> 01:21:54.079 have you heard that they shot down? Finally or the 1373 01:21:54.159 --> 01:21:55.800 able twice because this is you. 1374 01:21:57.279 --> 01:21:57.920 Want to keep dang. 1375 01:21:58.560 --> 01:22:02.039 Have you heard that I would that is able to 1376 01:22:02.319 --> 01:22:07.119 tell you I brought it down that you brought that one? 1377 01:22:07.159 --> 01:22:11.640 Who I forgotten this man? Let me just even conclude. 1378 01:22:13.479 --> 01:22:21.880 That, yes, and I guess refiners, auto gas plants and 1379 01:22:22.000 --> 01:22:24.119 the appeas Have you. 1380 01:22:24.199 --> 01:22:26.560 Heard a show that you plant one day? Have you 1381 01:22:26.640 --> 01:22:27.840 heard that you are that you're not. 1382 01:22:27.920 --> 01:22:31.680 The idea that is really finite justice my face face, 1383 01:22:32.119 --> 01:22:33.520 Let me seek give you under the distance. 1384 01:22:33.520 --> 01:22:37.399 Also, when people say pasin. 1385 01:22:38.520 --> 01:22:44.640 Chilled capacity does not determine intention, capacity does not determine intention. 1386 01:22:45.039 --> 01:22:49.039 Your intention is your intention? You Capcity, Let me tell you. 1387 01:22:49.840 --> 01:22:52.359 Let me tell you because I see the majority about 1388 01:22:52.439 --> 01:22:53.800 your lawyers and bankers. 1389 01:22:53.840 --> 01:22:56.079 I thought you expect experts in your seed for a 1390 01:22:56.119 --> 01:22:56.640 lot of those. 1391 01:22:56.840 --> 01:22:59.840 Give the reverence to those that are experts in your fig. 1392 01:22:59.880 --> 01:23:08.840 And pets their opinion. See uh. The perception about Williams. 1393 01:23:10.079 --> 01:23:13.039 Having the external influence in the company is totally room. 1394 01:23:14.279 --> 01:23:17.000 Extend this thing in one space to them. When I 1395 01:23:17.119 --> 01:23:20.399 finish all of them, you're kept quiet. And this is 1396 01:23:20.479 --> 01:23:26.279 personally to you. The idea that union and the externally. 1397 01:23:25.840 --> 01:23:28.079 Influenced within the system is totally wrong. 1398 01:23:29.680 --> 01:23:34.720 The union has about they have then they have the junel, 1399 01:23:34.920 --> 01:23:37.319 they have the branch, they have the chapter, and they 1400 01:23:37.359 --> 01:23:38.039 have the units. 1401 01:23:40.159 --> 01:23:42.479 Let me say I want to start from the level. 1402 01:23:42.560 --> 01:23:43.720 Let me say that I don't think. 1403 01:23:43.960 --> 01:23:47.560 I don't think we want to have on the unions. 1404 01:23:47.560 --> 01:23:51.000 I don't think I don't space. 1405 01:23:51.520 --> 01:23:53.960 This is your space. This is your space, and you 1406 01:23:54.000 --> 01:23:56.479 have been. You have been sharing your ideas. 1407 01:23:57.960 --> 01:24:00.560 Your place. You can make your commisson. But look why 1408 01:24:00.640 --> 01:24:05.680 those true digital union go ahead, but making you take 1409 01:24:05.960 --> 01:24:10.239 up the space that takes you up the space. I 1410 01:24:11.079 --> 01:24:16.479 really don't care take the space. So please please please okay, 1411 01:24:16.520 --> 01:24:18.079 let's move on, Please go ahead. 1412 01:24:19.680 --> 01:24:20.800 My response is to. 1413 01:24:22.760 --> 01:24:24.000 Am engineer, like you. 1414 01:24:28.560 --> 01:24:36.319 Go ahead? Okay? Is it chickill? Please go ahead? 1415 01:24:36.399 --> 01:24:41.479 Is it okay? Thank you? Please lend me some of 1416 01:24:41.560 --> 01:24:45.840 this poltical count sweet. 1417 01:24:47.520 --> 01:24:51.399 I heard that person, I said, I am mostly the 1418 01:24:51.479 --> 01:24:57.399 one right when I look at what is happening, one 1419 01:24:57.880 --> 01:24:58.239 look at. 1420 01:24:58.159 --> 01:25:05.640 What's happening the environment. Find an environment today. It can 1421 01:25:05.840 --> 01:25:11.159 reminds me of what I read in the Confessions of 1422 01:25:11.800 --> 01:25:12.880 Economy Man. 1423 01:25:13.880 --> 01:25:18.359 So I know, we have like someone a couple of here, right, 1424 01:25:18.960 --> 01:25:22.239 we have twenty thousand refineries over Nigeria, or. 1425 01:25:22.239 --> 01:25:26.520 The question is what impact have they made? 1426 01:25:27.439 --> 01:25:31.159 And then with the economy, the language, the language that 1427 01:25:31.359 --> 01:25:34.760 they're not swing producers. They're not swing There are many 1428 01:25:34.800 --> 01:25:39.600 many micro refineries, motorifers across Niger, but only Dangote is 1429 01:25:39.680 --> 01:25:44.920 a swinging producer. He can affect prices, he can affect 1430 01:25:45.039 --> 01:25:50.600 outputs at the maximum capacity of all the Nigeria manzena 1431 01:25:50.640 --> 01:25:53.760 PC put together. If you combine the that are refinering 1432 01:25:53.840 --> 01:25:55.960 the one and in all of them, if you combine 1433 01:25:55.960 --> 01:25:59.960 them together, it's not up to a quarter of Dangote 1434 01:26:00.079 --> 01:26:04.920 is daily production. So even they produce as maximum numbers, 1435 01:26:05.279 --> 01:26:10.199 you can't affect anything. So there's there's economics. This space 1436 01:26:10.399 --> 01:26:13.119 is an economic discussion. 1437 01:26:14.119 --> 01:26:16.720 Yes, we're on the same page and this is where 1438 01:26:16.720 --> 01:26:19.840 I'm going right, We're doing in the same direction. 1439 01:26:20.079 --> 01:26:22.239 In sy something. This is what this is my top 1440 01:26:22.359 --> 01:26:23.439 my personal thought about this. 1441 01:26:25.239 --> 01:26:30.279 I cannot think after the government shoes stepping and past. 1442 01:26:30.239 --> 01:26:37.520 The law that will protect companies for ten years. This 1443 01:26:37.720 --> 01:26:40.039 is why I think there should. 1444 01:26:39.760 --> 01:26:42.680 Be some form of the kind of a new terminology 1445 01:26:42.840 --> 01:26:45.640 would say for the next one hundred years. 1446 01:26:45.760 --> 01:26:49.359 We are looking at bigger picture. Now, any company that 1447 01:26:49.439 --> 01:26:52.199 will have x ys that is jerming. 1448 01:26:52.720 --> 01:26:57.359 We've not seen before in Nigeria that in Nigeria or 1449 01:26:57.439 --> 01:27:00.520 even Liphorian. I would say, you know what, I'm going 1450 01:27:00.640 --> 01:27:04.800 to risk my capital and everything I have to set 1451 01:27:04.920 --> 01:27:05.319 this up. 1452 01:27:06.319 --> 01:27:12.640 We are going to protect such company for ten years against. 1453 01:27:13.079 --> 01:27:17.479 XYZ so that they will stabilize before we will let 1454 01:27:17.560 --> 01:27:18.239 these guys in. 1455 01:27:19.479 --> 01:27:26.119 In the past, in history across the world, when such 1456 01:27:26.239 --> 01:27:27.920 projects like dan Got this. 1457 01:27:28.000 --> 01:27:32.920 Project come on in the developing country, especially. 1458 01:27:32.560 --> 01:27:36.680 If it impacts some examer elements. I don't want to 1459 01:27:36.840 --> 01:27:42.880 sound as if I'm being a theorist. You easy, the 1460 01:27:43.560 --> 01:27:47.039 easiest way to kill it is to infigerate it from 1461 01:27:47.119 --> 01:27:51.720 the inside and model it and don't go ter refiner before. 1462 01:27:51.840 --> 01:27:56.159 No reason should be allowed to fall victim to that. 1463 01:27:57.159 --> 01:28:01.279 So for me, Homa should step in and protect our 1464 01:28:01.479 --> 01:28:02.800 project for ten years. 1465 01:28:03.800 --> 01:28:07.840 Let it find his footing. The man has decided to. 1466 01:28:08.000 --> 01:28:13.439 Bring in over four thousand trucks that would convey this 1467 01:28:13.800 --> 01:28:17.359 much needed product to paper directly. 1468 01:28:18.680 --> 01:28:20.239 It is not a small feat. 1469 01:28:20.600 --> 01:28:24.479 It shows that he is serious minded to impact Majian economy. 1470 01:28:25.680 --> 01:28:28.439 I perfectly understand how some people feel from the. 1471 01:28:28.439 --> 01:28:31.199 Other corner, but when will weigh the pros and the. 1472 01:28:31.319 --> 01:28:34.640 Count, we would look at the other side and say, 1473 01:28:35.479 --> 01:28:37.239 this will have a greater. 1474 01:28:37.199 --> 01:28:41.560 Impact when it is our life than will be kill 1475 01:28:41.640 --> 01:28:47.439 it for Heaven's sake. That would finally should not die. 1476 01:28:48.520 --> 01:28:52.960 We need to protect it, saying onor no pen or 1477 01:28:53.039 --> 01:28:56.680 whatever should give them giving me a lifeline of ten years. 1478 01:28:57.119 --> 01:28:59.359 And we should make it kind of law. That would 1479 01:28:59.359 --> 01:29:00.000 say in the next. 1480 01:29:00.199 --> 01:29:02.680 Because we are looking at developing a gurine economy, are 1481 01:29:02.720 --> 01:29:05.119 looking at super tapping my Geran. 1482 01:29:04.920 --> 01:29:08.680 Economy, you know, to solve this effects issue, to solve 1483 01:29:08.720 --> 01:29:14.439 this issue of importation of of pms. These are two 1484 01:29:14.520 --> 01:29:19.520 major issues that have clicked Nyderian economy for over forty years. 1485 01:29:19.600 --> 01:29:19.760 Now. 1486 01:29:20.880 --> 01:29:25.359 It creating slowly, and we didn't people didn't pay attention 1487 01:29:25.520 --> 01:29:28.079 to it because we kept thinking, oh, don't worry about 1488 01:29:28.079 --> 01:29:29.079 it is not a big deal. 1489 01:29:29.640 --> 01:29:33.079 It has a heat of biling belt and for some 1490 01:29:33.359 --> 01:29:35.439 reason that they have succeeded. 1491 01:29:35.800 --> 01:29:38.760 To get to Yea, it is I kind of feel 1492 01:29:39.119 --> 01:29:40.560 we should cover some slacks. 1493 01:29:41.000 --> 01:29:45.319 He developed country in America. Everything will be done. 1494 01:29:45.520 --> 01:29:50.439 To protect Dondy, to seek him grow and stabilize before 1495 01:29:50.479 --> 01:29:53.560 we will allow anybody to come in with the union 1496 01:29:53.960 --> 01:29:57.119 or non unions, I mean Centrist president I'm always on 1497 01:29:57.239 --> 01:29:58.479 living inside, but. 1498 01:29:58.520 --> 01:30:02.000 It's in the context of Nigeria. We need to have 1499 01:30:02.199 --> 01:30:03.199 a change your mind. 1500 01:30:03.600 --> 01:30:05.279 We need to have a shift in. 1501 01:30:05.359 --> 01:30:08.319 Our thought process. In the context of Nigeria. 1502 01:30:09.000 --> 01:30:12.279 Anything that would make my Genian economy grew should be 1503 01:30:12.439 --> 01:30:14.000 protected with lives. 1504 01:30:15.760 --> 01:30:16.520 That's what I want. 1505 01:30:18.359 --> 01:30:20.479 I think it's well said that you captured like the 1506 01:30:20.600 --> 01:30:23.399 Depote and quote the centrist part. I think. I think 1507 01:30:23.439 --> 01:30:25.399 that's the point I try to get across when I 1508 01:30:25.439 --> 01:30:29.680 did the intro. Whether you like Dante, where is the monopolist? 1509 01:30:30.119 --> 01:30:34.079 Whatever I name? You targe him? The refinery today is 1510 01:30:34.159 --> 01:30:37.720 too big to fail. You have seen the imports coming in. 1511 01:30:38.119 --> 01:30:39.640 Do you know how much you are spent to fix 1512 01:30:39.800 --> 01:30:44.520 an NPC re find it? Eighteen billion? The Portacon refiner. 1513 01:30:44.640 --> 01:30:46.720 We were told that when the lights the paratis to 1514 01:30:46.760 --> 01:30:49.119 seal up, its working. Is it working today? Is not 1515 01:30:50.279 --> 01:30:53.119 the guy the former n NPC emply is now with 1516 01:30:53.199 --> 01:30:59.319 the ect an employment, imports, naira. Everything is because of 1517 01:30:59.359 --> 01:31:02.760 the Dangote illuminate here. You will float as space over 1518 01:31:02.880 --> 01:31:06.960 time bathlet over and over that there is certain non 1519 01:31:07.000 --> 01:31:12.119 economy today. It's because of Angote. You can argue this 1520 01:31:12.239 --> 01:31:17.640 is a factual statement non oil export. It's Dangote, Dangote, 1521 01:31:17.760 --> 01:31:22.560 you are exporting the United States to Brazil oil reports 1522 01:31:22.560 --> 01:31:24.960 that were important. Dangote is bringing oil important on the 1523 01:31:25.119 --> 01:31:28.680 US and it's giving US PMS taking it back after 1524 01:31:28.760 --> 01:31:33.239 the country aviation fuel. The same thing. The naira has 1525 01:31:33.319 --> 01:31:36.840 gained value because our import the dollars were seeking for 1526 01:31:36.960 --> 01:31:40.720 dollars to import has also gone down. So again it's 1527 01:31:40.760 --> 01:31:44.640 an economic discussion. If we start to go into no 1528 01:31:44.760 --> 01:31:47.359 one has has shown the letter that says the unions 1529 01:31:47.439 --> 01:31:50.119 said this. Dangoti said this. We're all goward going of 1530 01:31:50.199 --> 01:31:52.720 what we saw on Twitter, and I get that point. 1531 01:31:53.359 --> 01:31:59.119 But Pegasian to go and shut down the largest refinery, 1532 01:31:59.199 --> 01:32:01.640 not just in Nigera, not say in West Africa, no 1533 01:32:02.000 --> 01:32:04.560 in Africa. I think in the whole world. There's maybe 1534 01:32:04.680 --> 01:32:08.520 one legend and that's one in India. To think of 1535 01:32:08.640 --> 01:32:12.000 the process that went to thanks in his mind because 1536 01:32:12.319 --> 01:32:16.000 this issued the unionization. We are going to shut down 1537 01:32:16.159 --> 01:32:18.680 the crude oil pipelines that are going to go to 1538 01:32:18.920 --> 01:32:21.359 go to the Finally, just think about that for a second. 1539 01:32:22.199 --> 01:32:24.479 Look at what the Bible said about women that have 1540 01:32:24.560 --> 01:32:27.920 the babies. The two men who the baby was this 1541 01:32:28.039 --> 01:32:30.920 one says my baby down stairs, my baby, and so 1542 01:32:31.159 --> 01:32:33.399 one said, oh I killed the baby. One said, don't 1543 01:32:33.479 --> 01:32:36.439 kill the baby. Don't want to the baby. Who is 1544 01:32:37.079 --> 01:32:40.199 to kill the baby today? Who is gonna kill you today? 1545 01:32:40.239 --> 01:32:40.279 What? 1546 01:32:40.800 --> 01:32:44.600 Like I said, whatever issues they have, the presidency has 1547 01:32:44.640 --> 01:32:48.520 stepped now a b with the result. Why shut down 1548 01:32:48.560 --> 01:32:53.119 the pipelines that would have fighten Nira, cause fewer lines, 1549 01:32:53.640 --> 01:32:57.640 cause your deeping the fall? Why go there? Why go there? 1550 01:32:57.800 --> 01:33:01.159 Because you are a union and this is why people, Well, 1551 01:33:01.840 --> 01:33:05.920 just get us to speak. Looky, what's your nameclog? 1552 01:33:06.039 --> 01:33:09.520 Just give me one second, like thirty seconds before before peoples, 1553 01:33:10.560 --> 01:33:12.159 there was something that happened in years ago. 1554 01:33:12.640 --> 01:33:15.000 I'm sure everyone almost everybody here will remember. 1555 01:33:15.199 --> 01:33:21.039 The HIV said that that took over the broadcasting of 1556 01:33:21.800 --> 01:33:26.239 Champions League and Premiership from the STV in yes, from DStv. 1557 01:33:26.319 --> 01:33:28.199 Can you remember that in HIGHDV. 1558 01:33:28.000 --> 01:33:28.520 Right, yes? 1559 01:33:29.399 --> 01:33:34.000 And at some point over six months it was rumored 1560 01:33:34.039 --> 01:33:35.920 that ITV was going to lose. 1561 01:33:35.800 --> 01:33:40.119 Their license, and we all sat back and allowed. 1562 01:33:39.920 --> 01:33:42.199 ITV lose our license. Do you know what it meant? 1563 01:33:42.359 --> 01:33:47.079 It meant that every morning that every household in NINETEERI 1564 01:33:47.199 --> 01:33:51.199 appaid to d STV seventy percent of people flow to 1565 01:33:51.279 --> 01:33:51.920 South Africa. 1566 01:33:54.199 --> 01:33:57.479 I think we should start thinking economically in our politics, 1567 01:33:57.640 --> 01:34:01.199 our political stakeholders. She started, he brought like they should. 1568 01:34:01.359 --> 01:34:03.640 They should be looking out rather than looking in. 1569 01:34:05.000 --> 01:34:09.079 If we saved the high TV, the bunch of money 1570 01:34:09.159 --> 01:34:12.880 Nigerias we are paying to work trampiers, the Premier League 1571 01:34:13.479 --> 01:34:17.920 would have stayed in Nigeria and created jobs in Nigeria. 1572 01:34:18.479 --> 01:34:21.840 I knew five to ten people that lost their job 1573 01:34:22.359 --> 01:34:24.399 stressed away because of that it TV. 1574 01:34:25.359 --> 01:34:30.159 So we shouldn't let projects like this die for any reason. 1575 01:34:30.600 --> 01:34:31.880 Any other country will not. 1576 01:34:32.439 --> 01:34:36.479 They will do everything possible. They would print money to 1577 01:34:36.640 --> 01:34:40.159 protect such thing because we're looking at the bigger picture. 1578 01:34:40.239 --> 01:34:43.239 We're looking at the impact on the wider economy. This 1579 01:34:43.439 --> 01:34:47.319 is not just an individual amount. So please, that is 1580 01:34:47.439 --> 01:34:50.560 my point. Don't go to your finally should not die, 1581 01:34:51.199 --> 01:34:51.880 Thank you, calum. 1582 01:34:52.920 --> 01:34:57.600 Look, I want to make a contribution real quick, real 1583 01:34:57.640 --> 01:34:58.239 walk quick. 1584 01:34:59.359 --> 01:35:03.800 In ge I was talking about the pages uh. 1585 01:35:09.720 --> 01:35:12.119 The fund that your audience, but your audience is bad. 1586 01:35:16.520 --> 01:35:19.199 Yes I can ser okay. 1587 01:35:20.560 --> 01:35:25.279 The page between the Indians and engineers, I understand yours are. 1588 01:35:25.159 --> 01:35:32.119 Being in that process and I understand what and Indian 1589 01:35:32.239 --> 01:35:34.720 technician using the right. 1590 01:35:37.680 --> 01:35:38.640 Honestly doesn't matter. 1591 01:35:38.800 --> 01:35:39.359 No one cares. 1592 01:35:39.520 --> 01:35:45.600 When you made this, technologist don't want be carest you. 1593 01:35:46.479 --> 01:35:55.720 Honestly you nobody cares. We don't understand what this means. 1594 01:35:56.279 --> 01:35:58.399 So when you're talking to general public you have to 1595 01:35:58.479 --> 01:35:59.760 speak another understand. 1596 01:36:00.079 --> 01:36:04.359 Think I am a ter, I am an engineer, a 1597 01:36:04.520 --> 01:36:08.039 que If you come to the technical aspect of this thing, 1598 01:36:08.159 --> 01:36:12.840 we care not virtually. DA is difference in union perspective 1599 01:36:13.439 --> 01:36:17.119 between Indians and N gen technician engineers less do that. 1600 01:36:17.560 --> 01:36:22.199 But the question is it's not dangotists duty to preach 1601 01:36:22.359 --> 01:36:22.880 that gap? 1602 01:36:23.800 --> 01:36:27.319 What is nare society of engineers doing about nothing? 1603 01:36:27.920 --> 01:36:29.479 They are the supposed to. 1604 01:36:29.560 --> 01:36:32.319 Make sure that that gap is not created, not down. 1605 01:36:32.800 --> 01:36:36.640 It's not a good job to reduce that gup Corent. 1606 01:36:36.880 --> 01:36:39.279 It is the duty of correct like your society of 1607 01:36:39.399 --> 01:36:43.239 engineers who are busy doing nothing because they don't create 1608 01:36:43.319 --> 01:36:44.399 any value in this country. 1609 01:36:44.439 --> 01:36:46.479 If they do, we will not be having this. 1610 01:36:46.760 --> 01:36:51.119 A large amount of arcticians of future will. 1611 01:36:51.000 --> 01:36:53.840 Come from different places to come and be taking dusement 1612 01:36:53.880 --> 01:36:54.399 for an idea. 1613 01:36:54.680 --> 01:36:56.159 So what we should be. 1614 01:36:56.199 --> 01:36:59.039 Doing is to look at how strategy, whether you like 1615 01:36:59.159 --> 01:36:59.520 it or not. 1616 01:37:00.560 --> 01:37:05.239 Those eight hundreds engineers which are colleague, we understand what 1617 01:37:05.479 --> 01:37:08.399 is the belessit of doubts like giving to the management. 1618 01:37:08.680 --> 01:37:11.520 They're okay, you management media proposer. 1619 01:37:11.720 --> 01:37:14.039 Let's run this thing for a period of time. 1620 01:37:14.119 --> 01:37:16.479 We'll look into your various consite. 1621 01:37:16.239 --> 01:37:19.319 Which is what he does in all his business. 1622 01:37:19.439 --> 01:37:21.880 And you if you know that, good day. You don't. 1623 01:37:22.039 --> 01:37:25.880 You don't come with this and gone gone approach to him. 1624 01:37:26.319 --> 01:37:28.560 You come with with a consultative approach. 1625 01:37:28.760 --> 01:37:31.880 Okay, the management a proposed in two years time, we 1626 01:37:32.119 --> 01:37:35.000 look into this day and this error of there's no 1627 01:37:35.159 --> 01:37:39.199 pep no pp. That's that's that's a very wrong you. 1628 01:37:39.760 --> 01:37:41.840 There is no man of fact you want to conclude 1629 01:37:42.159 --> 01:37:47.840 whether Michael Sewall or medium that pep helmet is not guaranted. 1630 01:37:47.960 --> 01:37:51.359 So you can't tell me global a global felm like that, 1631 01:37:51.520 --> 01:37:52.680 but it does not have people. 1632 01:37:52.800 --> 01:37:55.119 That that's that's alone, That alone. 1633 01:37:54.880 --> 01:37:58.119 Is is error. Because I've been to the plant, I've been. 1634 01:37:58.039 --> 01:38:00.239 To you re finite even as if it's you're giving 1635 01:38:00.279 --> 01:38:03.920 the helmets, so if I was giving the if this, 1636 01:38:04.479 --> 01:38:06.399 will you not tell me that people are working there 1637 01:38:06.439 --> 01:38:07.800 to first seven does not happen? 1638 01:38:08.319 --> 01:38:15.439 Let's does not work all right, Lots of folks lots 1639 01:38:15.479 --> 01:38:16.079 of folks. 1640 01:38:17.840 --> 01:38:24.199 Come here, you are only you come on people who 1641 01:38:24.319 --> 01:38:25.479 are inside the plans. 1642 01:38:25.600 --> 01:38:34.960 Okay, okay, gotcha, let's perfect. Let's let's get look, let's 1643 01:38:34.960 --> 01:38:36.840 get a little bit to speak. Lookal, go ahead please 1644 01:38:38.800 --> 01:38:44.600 l u q k I e ok look look okay, 1645 01:38:45.199 --> 01:38:49.840 let's get oxist sense o sense Oh my god, you 1646 01:38:49.920 --> 01:38:57.399 guys right right pronounces? Sorry sir, please go ahead, thank you, 1647 01:38:57.880 --> 01:38:58.119 yes sir. 1648 01:38:59.319 --> 01:39:05.199 Foremost personally, I have at least fourteen to fifty people 1649 01:39:05.239 --> 01:39:08.920 who were affected by this issue because I. 1650 01:39:09.000 --> 01:39:11.319 Did finish, and a boke of. 1651 01:39:12.840 --> 01:39:16.039 My costmates were all employed by that, which was a 1652 01:39:16.199 --> 01:39:19.319 very good move, right it kind of a lot of 1653 01:39:19.399 --> 01:39:21.159 them were no unemployed and stuff. 1654 01:39:22.000 --> 01:39:26.520 However, there were a lot of concerns from them. Pop 1655 01:39:26.920 --> 01:39:30.039 was one of them. Health insurance was another one. 1656 01:39:31.079 --> 01:39:38.039 And someone was speaking about upstream, downstream, midstream, every other stream. 1657 01:39:38.800 --> 01:39:41.840 You cannot for one, compared saler. It's quite all right, 1658 01:39:42.399 --> 01:39:42.960 that's true. 1659 01:39:43.920 --> 01:39:49.199 However, the discrepancies they were speaking about between the Foeigners 1660 01:39:49.399 --> 01:39:53.199 and Nigeria's was not just in terms of salary. 1661 01:39:54.279 --> 01:39:58.319 Was are issues like feeding. We also had issues like 1662 01:39:58.560 --> 01:40:01.840 indias referring to people to racist. 1663 01:40:01.640 --> 01:40:05.840 In our own country and now this was what I said, 1664 01:40:05.960 --> 01:40:08.319 and this was all I noticed in the hope of 1665 01:40:08.439 --> 01:40:13.079 them way down what he saw Pengasy coming into this company. 1666 01:40:13.840 --> 01:40:16.479 He did not want that to happen because he knew 1667 01:40:17.319 --> 01:40:22.439 the pengas In might not just a weafare they will 1668 01:40:22.520 --> 01:40:30.159 also have the capacity to shut down because they can 1669 01:40:30.279 --> 01:40:32.359 go on straight. So that was not something he was 1670 01:40:32.399 --> 01:40:35.640 willing to do. Quite other but the company itself was 1671 01:40:35.720 --> 01:40:39.840 not willing to negotiate internally with the staff now on 1672 01:40:39.960 --> 01:40:42.880 the issue of health insurance. They spoke about the health 1673 01:40:42.920 --> 01:40:46.079 insurance packing not being able to cover most of the 1674 01:40:46.159 --> 01:40:49.319 hazards or any other unitses you face if you face 1675 01:40:49.359 --> 01:40:53.399 it inside of the facility right now, those issues could 1676 01:40:53.439 --> 01:40:57.199 have been dealt with it in primarily within the campaigny 1677 01:40:57.279 --> 01:40:59.680 first and there will be no reason for them to 1678 01:40:59.760 --> 01:41:03.159 have go to Penghassen or approach any on the union 1679 01:41:03.520 --> 01:41:07.760 because if Pergasson has the total control overtaff it means 1680 01:41:07.800 --> 01:41:10.199 there who owed the keys to his facility and they 1681 01:41:10.239 --> 01:41:11.600 can shut it out from outside. 1682 01:41:11.920 --> 01:41:13.960 So you have to understand that where that good is 1683 01:41:14.000 --> 01:41:14.479 coming from. 1684 01:41:14.680 --> 01:41:18.319 But the company policy itself failed to adjust the issue 1685 01:41:18.399 --> 01:41:20.560 which should not have even go to the outside to 1686 01:41:20.680 --> 01:41:23.680 Perhasson the first way why this issue should have gotten 1687 01:41:23.680 --> 01:41:26.720 outside to Panhassen now speaking about that as the national 1688 01:41:26.840 --> 01:41:29.760 asset and stuff like that. Downwoaday is a national asset, 1689 01:41:29.920 --> 01:41:32.680 which is why he is supposed to be a role 1690 01:41:32.760 --> 01:41:36.960 model to all the smaller things about being sting. 1691 01:41:37.159 --> 01:41:38.079 That way and. 1692 01:41:40.159 --> 01:41:44.000 Let's say like filling stations and outblats like that. Opt 1693 01:41:44.199 --> 01:41:49.159 today they pay for attendance fifteen twenty thousand. If there 1694 01:41:49.319 --> 01:41:53.119 was some sort of unions that works without attendance, they 1695 01:41:53.159 --> 01:41:55.720 will nego ships up to one hundred thousand ward fifty. 1696 01:41:56.159 --> 01:41:59.319 We're not saying pay the bit that or pay people 1697 01:41:59.640 --> 01:42:02.000 the war in this present economy. 1698 01:42:02.279 --> 01:42:03.920 And also look into their webfare. 1699 01:42:04.399 --> 01:42:07.199 Like I said, a lot of my colleagues that finished 1700 01:42:07.239 --> 01:42:09.960 where too are graduates. It's not as if these people 1701 01:42:09.960 --> 01:42:13.199 are technicians or finished put on battel in the class. 1702 01:42:13.600 --> 01:42:14.279 These are people that. 1703 01:42:14.279 --> 01:42:16.680 Have felt okay, we can work with dan vote, we 1704 01:42:16.840 --> 01:42:20.359 can also improve the economy without know how I'm being 1705 01:42:20.439 --> 01:42:23.520 treated like charge. So my point here in conclusion, because 1706 01:42:23.560 --> 01:42:25.239 I don't even want to waste a lot of time. 1707 01:42:25.680 --> 01:42:28.119 I feel like the way the HR, the way the 1708 01:42:28.159 --> 01:42:31.560 people in charge of staff in downward the money issue 1709 01:42:32.159 --> 01:42:35.359 was out of hand. They fail to manage the issue operly, 1710 01:42:35.479 --> 01:42:39.119 it wouldn't have excalated to the points whereby you have 1711 01:42:39.279 --> 01:42:43.199 to go involve bengers in bengers Indeed this spengers in did. 1712 01:42:43.079 --> 01:42:43.960 That and whatever. 1713 01:42:44.399 --> 01:42:46.840 Where as issue has got into this points, we hope 1714 01:42:46.880 --> 01:42:51.920 they gets in resolution because nobody in their licenses will 1715 01:42:51.960 --> 01:42:54.319 want to see that what they feel right and they 1716 01:42:54.399 --> 01:42:57.680 move from pengersins really shot it out from outside God 1717 01:42:57.840 --> 01:42:59.920 just goes on to proof where that what they would 1718 01:43:00.119 --> 01:43:03.760 have been a fait of you being so involved in 1719 01:43:03.840 --> 01:43:07.199 this companion. So I feel like they just have to 1720 01:43:07.239 --> 01:43:13.439 find absorbing the whole company from playing totally doesn't really that's. 1721 01:43:13.720 --> 01:43:16.439 Okay, that's a wonderful that's a wonderful sentiment to Josh 1722 01:43:16.600 --> 01:43:21.319 who that's that's just responding. I think whether balanced sentiment 1723 01:43:21.439 --> 01:43:24.880 with just shared that Dangote itself failed in it's so internal, 1724 01:43:25.119 --> 01:43:28.920 you know, should we say it feels internally allowing the 1725 01:43:29.039 --> 01:43:31.119 excenal parlices to come in and of course with nas 1726 01:43:31.159 --> 01:43:34.680 and is spiral out of that. I very much like 1727 01:43:34.800 --> 01:43:37.920 that sentimental. I think Dangote has lent. Someone sent me 1728 01:43:38.039 --> 01:43:40.880 a DM as said they worked in Dangote they don't 1729 01:43:40.880 --> 01:43:42.840 want to put their name, but that Dangote they does 1730 01:43:42.920 --> 01:43:44.680 not give. He said the same thing you said, that 1731 01:43:44.760 --> 01:43:47.880 the meal allowance, his sety five thousand for the meal 1732 01:43:48.319 --> 01:43:50.920 and that they go to something in hospital, Hello hospital. 1733 01:43:50.960 --> 01:43:54.359 That's what they do their hatemo, the anger center, Hello Hospital. 1734 01:43:54.520 --> 01:43:56.720 So it shared that with me. I want them to 1735 01:43:56.800 --> 01:43:59.279 send your information and said no, go if I send 1736 01:43:59.319 --> 01:44:02.039 it to you, I'm sure if with myne own account. 1737 01:44:02.119 --> 01:44:04.600 So that's what he's sort of collaging what you've said. 1738 01:44:05.119 --> 01:44:08.000 So I think the message back to Dangote is they 1739 01:44:08.159 --> 01:44:10.800 really have got to step up on their HR side. 1740 01:44:10.920 --> 01:44:13.359 I think that's the message that they have to take 1741 01:44:13.800 --> 01:44:16.800 from work last thing. If Pengerson has coming to as 1742 01:44:16.880 --> 01:44:20.359 the pressure point to them, good on Pengerston. But Dangle 1743 01:44:20.479 --> 01:44:24.760 has got to benchmark itself to world class standards. It's 1744 01:44:24.800 --> 01:44:27.560 not just pay like you said there is. We shouldn't 1745 01:44:27.560 --> 01:44:30.359 be debating that when Herald met or PP that shouldn't 1746 01:44:30.359 --> 01:44:33.800 be a debate. That should come automatic. So if they're 1747 01:44:33.840 --> 01:44:37.279 not doing it, they've got to do it. And I know, 1748 01:44:37.920 --> 01:44:40.319 I think that's a very very well balanced comment that 1749 01:44:40.399 --> 01:44:43.000 you've made. Doctor. You're only coming. 1750 01:44:45.560 --> 01:44:47.760 Here is I need to have on this. 1751 01:44:48.640 --> 01:44:50.840 You know we he had to say, Oh, I'm going 1752 01:44:50.880 --> 01:44:55.800 to employed engineers, first class engineers to engineers is not 1753 01:44:55.920 --> 01:44:58.960 looking them well as much as it's all the stuff 1754 01:45:00.239 --> 01:45:01.479 also waiting here. 1755 01:45:01.640 --> 01:45:04.239 And give you an example, Calum and the banking industry today, 1756 01:45:05.119 --> 01:45:07.640 if you wanted, most bands, most banks. 1757 01:45:07.439 --> 01:45:11.199 Are having issues with their with their flintake and all 1758 01:45:11.279 --> 01:45:16.239 this stuff because like this, this smart guy's dead. I'm 1759 01:45:16.319 --> 01:45:18.279 moving out of the system, sitting. 1760 01:45:18.039 --> 01:45:22.319 Employment elsewhere, some of my home living in truce out 1761 01:45:22.359 --> 01:45:25.399 of the Actually now banks are going out of there. 1762 01:45:25.640 --> 01:45:28.520 If you go read them today, you would see. 1763 01:45:28.359 --> 01:45:30.479 That they are going out of their will the vampire 1764 01:45:31.399 --> 01:45:33.439 and make sure that those guys sit there. 1765 01:45:33.439 --> 01:45:36.880 I think department those within the system are retained. No, 1766 01:45:37.479 --> 01:45:38.199 I yeah this thing. 1767 01:45:38.560 --> 01:45:40.920 And I'm not defending that good like I said, I'm 1768 01:45:40.920 --> 01:45:42.159 not if i'd not that good day, but I can't 1769 01:45:42.199 --> 01:45:45.000 tell it as an employer of the level and lookal 1770 01:45:45.079 --> 01:45:48.199 that God is not dumb for the levely as we say. 1771 01:45:48.319 --> 01:45:51.439 And I don't think ancle for whatever is that we 1772 01:45:51.720 --> 01:45:54.840 treat shabby. If you look at most and you could 1773 01:45:54.840 --> 01:45:58.159 have got this company most of them from I like 1774 01:45:58.279 --> 01:46:01.640 it to Anigeria the top most except one or. 1775 01:46:01.640 --> 01:46:04.319 Two ins Lebanies. We need to be very very careful. 1776 01:46:04.560 --> 01:46:07.039 I am not already played for him with what I 1777 01:46:07.119 --> 01:46:09.239 work was for as n you guys, I've already did 1778 01:46:09.720 --> 01:46:11.199 you tell everyone of you start. 1779 01:46:11.119 --> 01:46:13.640 Looking the groom as an employee. 1780 01:46:14.159 --> 01:46:17.840 As an employee, I knew franks were working in different banks. 1781 01:46:18.720 --> 01:46:20.800 That my employee asked the bad joke with me for 1782 01:46:20.920 --> 01:46:23.199 one minute because I was always on the move. 1783 01:46:23.359 --> 01:46:26.079 And he said him within the system, where do you guys, 1784 01:46:26.399 --> 01:46:29.359 whether instead go to Shell? Most of the the gs 1785 01:46:29.439 --> 01:46:33.640 and Shell are so respected. He collecting that was a 1786 01:46:35.760 --> 01:46:40.920 true we meet you or somebody made to one. He 1787 01:46:41.039 --> 01:46:43.560 made first class. He is not being valid for Plana. 1788 01:46:43.920 --> 01:46:46.680 If you have the values to add and if you 1789 01:46:46.800 --> 01:46:48.600 want again walk and just something better. 1790 01:46:49.359 --> 01:46:49.640 Thank you. 1791 01:46:49.960 --> 01:46:52.439 All right, let's get a looky in doctor, look look 1792 01:46:52.439 --> 01:46:54.319 at Elie okay, process. 1793 01:46:54.359 --> 01:46:55.960 Yeah, yeah, thank you? 1794 01:46:56.479 --> 01:46:57.000 Can you hear me? 1795 01:46:57.239 --> 01:46:57.760 I can, sir? 1796 01:46:59.159 --> 01:47:00.960 Okay, yeah. So what I want to say is this, 1797 01:47:01.760 --> 01:47:02.479 let's remote. 1798 01:47:02.560 --> 01:47:05.399 I agree everything dangle, Dangle there has issues with the 1799 01:47:05.600 --> 01:47:06.319 HR department. 1800 01:47:06.840 --> 01:47:09.640 But we have to get into our headtack. Don't go 1801 01:47:09.800 --> 01:47:11.199 there is our star boarding. 1802 01:47:12.279 --> 01:47:15.079 You agree with me that rocker fella in America but 1803 01:47:15.399 --> 01:47:18.760 when they started the rail they had they enjoyed. They 1804 01:47:18.920 --> 01:47:22.880 enjoy lots of stuff monopoly. The enjoy lots of stuff 1805 01:47:22.920 --> 01:47:25.039 that the government knew, but they couldn't do anything about 1806 01:47:25.079 --> 01:47:28.159 it until other players gave it until later down the 1807 01:47:28.239 --> 01:47:30.880 roads don't go te too two. 1808 01:47:31.319 --> 01:47:32.000 Isn't that face? 1809 01:47:32.399 --> 01:47:34.439 Let's not let's not let's. 1810 01:47:34.279 --> 01:47:37.640 Not dis that dangle the true isn't that face? Yes 1811 01:47:37.840 --> 01:47:40.000 we are going through. Yes Dangled need to step up, 1812 01:47:40.399 --> 01:47:43.560 but we can't have it. But the way the unions 1813 01:47:43.720 --> 01:47:45.880 are set up in that there the way they're operating 1814 01:47:45.960 --> 01:47:48.319 that JR. If you don't play by the rose, they 1815 01:47:48.319 --> 01:47:50.640 are got a message. Und you are supposed to be 1816 01:47:50.720 --> 01:47:53.760 a thing that. Yes, people don't like them, company orders, 1817 01:47:53.800 --> 01:47:56.199 don't like them, but they are not supposed to be 1818 01:47:56.399 --> 01:48:00.399 that beast that every point in time, once you just agree, 1819 01:48:00.680 --> 01:48:01.279 they'll find. 1820 01:48:01.119 --> 01:48:05.159 A way to get you. It's crazy you have a union, 1821 01:48:05.319 --> 01:48:08.199 you have outcome a union just how they're supposed to 1822 01:48:08.239 --> 01:48:10.720 be an employer and elder supposed to. 1823 01:48:10.680 --> 01:48:14.199 Be employees themselves that they want to shut down your 1824 01:48:14.199 --> 01:48:14.800 whole company. 1825 01:48:15.199 --> 01:48:18.000 From there, they will tell people that are working about 1826 01:48:18.079 --> 01:48:22.479 the shut down the gas the light to the all states, does. 1827 01:48:22.399 --> 01:48:25.239 That make sense, doesn't make That's where they that's where 1828 01:48:25.239 --> 01:48:28.359 they missed its points point. 1829 01:48:32.560 --> 01:48:34.720 You know, they have to negotiate at every point time. 1830 01:48:34.760 --> 01:48:38.319 It's all about negotiations. We can't do that. We can't 1831 01:48:38.399 --> 01:48:41.159 keep doing like this. It's abody that is eighty billions over. 1832 01:48:41.399 --> 01:48:44.439 I don't have many billion the dollar dept is in 1833 01:48:45.159 --> 01:48:47.399 and he's doing it because it's even helping the company. 1834 01:48:47.560 --> 01:48:50.039 If that should go down today, the video scus. 1835 01:48:49.800 --> 01:48:56.600 That will be Nigeria. It's not done. That's the fact. 1836 01:48:57.000 --> 01:48:59.880 So no matter how you know, even where that is 1837 01:49:00.079 --> 01:49:03.119 behaving somehow, Yes, we have to correct it. But at 1838 01:49:03.159 --> 01:49:05.159 the same time, it's our start. Boy, we have to 1839 01:49:05.239 --> 01:49:08.159 purpi is our right now? Dude, we have to propi. 1840 01:49:09.760 --> 01:49:11.920 We have to correct, but we have to paper at 1841 01:49:11.960 --> 01:49:13.640 the same time. That's the truth. 1842 01:49:14.840 --> 01:49:16.560 I think as if we have about the choices, we 1843 01:49:16.560 --> 01:49:20.640 don't have any eternity have got start than finality. 1844 01:49:20.960 --> 01:49:21.800 Nobody has not. 1845 01:49:22.399 --> 01:49:26.359 Finally, that's that's the that's the hard truth. There's no 1846 01:49:26.479 --> 01:49:28.680 other option. That's why we say too big to fail. 1847 01:49:29.399 --> 01:49:31.840 There's no other option unless we import I mean if 1848 01:49:31.880 --> 01:49:34.800 you importantly, now I go to three thousand, so you 1849 01:49:34.880 --> 01:49:38.720 can choose your poison. You can't pat your habits. 1850 01:49:39.960 --> 01:49:43.439 When where we had somebody opening company that is. 1851 01:49:43.479 --> 01:49:48.680 Affecting another countries economy, that refiner is affected people in Europe, 1852 01:49:48.800 --> 01:49:52.720 is affecting the refinery, the closing refineries around the world. 1853 01:49:52.560 --> 01:49:53.000 Because of that. 1854 01:49:53.840 --> 01:49:57.479 That is the plots positive for the GIA. We call 1855 01:49:57.560 --> 01:49:59.600 ourselves giant. It's not my mouth, it's by. 1856 01:49:59.560 --> 01:50:03.880 Steps this it will get it. 1857 01:50:04.079 --> 01:50:05.880 You will get it all the way all round. But 1858 01:50:05.960 --> 01:50:08.399 it's something that we have to We can't talk to 1859 01:50:08.520 --> 01:50:11.640 him with everything was gonna be fight, Everything was not. 1860 01:50:12.319 --> 01:50:15.199 Everything was not. That is like if we look at 1861 01:50:15.199 --> 01:50:18.239 how big down you don't look talk about it. You 1862 01:50:18.399 --> 01:50:22.680 see some people you will blow the blog. 1863 01:50:25.319 --> 01:50:27.479 When you think about when you think about it critically, 1864 01:50:27.880 --> 01:50:30.600 you go to Bloomberg. You read that the the the 1865 01:50:30.760 --> 01:50:35.119 refineries in Europe are closing down because of a refinery 1866 01:50:35.239 --> 01:50:38.399 in Nigeria and the same group there's the same Broomberg 1867 01:50:38.520 --> 01:50:42.199 so that that trucks have blocked that refinery. So they're like, 1868 01:50:42.319 --> 01:50:44.319 what are we talking about here? Can anybody come to 1869 01:50:44.399 --> 01:50:47.119 the journey invest They come to well by trucks can 1870 01:50:47.239 --> 01:50:50.199 just go un block your refinery the same give the 1871 01:50:50.239 --> 01:50:53.159 same FDI. So if I come out if it's almost 1872 01:50:53.239 --> 01:50:57.920 contre tomorrow. Pengasay blocked tests but that it didn't have peppe. 1873 01:50:58.039 --> 01:51:00.199 I get it, there's no PEP. But think about it, guys, 1874 01:51:00.239 --> 01:51:03.319 don't think about what will say. We keep us saying 1875 01:51:03.359 --> 01:51:05.199 we want to be independent. I get it, wanted to 1876 01:51:05.239 --> 01:51:07.159 be dependent, but you have tied to. 1877 01:51:07.159 --> 01:51:14.319 Them because other ses that business are not protected. 1878 01:51:14.399 --> 01:51:17.159 As much by different convent like this. 1879 01:51:17.279 --> 01:51:21.399 Another companies look at the market for example, how many 1880 01:51:21.439 --> 01:51:22.880 of the tech communities. 1881 01:51:22.520 --> 01:51:29.680 Get contract directly? You know I listened to obviously and 1882 01:51:29.800 --> 01:51:30.359 they are merit. 1883 01:51:31.079 --> 01:51:35.119 But the very pea is that it exposes the under 1884 01:51:35.239 --> 01:51:39.199 laying problem in the Nigeran business world. 1885 01:51:39.880 --> 01:51:43.479 We don't really have that convid. You can see somebody 1886 01:51:43.880 --> 01:51:47.640 that the company more as had this. 1887 01:51:48.079 --> 01:51:53.600 Month out playing a title just because he has direct 1888 01:51:53.600 --> 01:51:57.079 contacts with the president and so you know, for me, 1889 01:51:58.039 --> 01:52:00.600 I think did has been gone? 1890 01:52:00.920 --> 01:52:03.600 I think the damage can still be controlled. 1891 01:52:04.239 --> 01:52:06.920 The latest new issues that different governments is making most 1892 01:52:06.920 --> 01:52:08.800 to say to I think if you go beyond that, 1893 01:52:09.119 --> 01:52:12.319 because that has happened to me is unbeat like what 1894 01:52:12.880 --> 01:52:16.800 mini speakers are like. The other day issue is the 1895 01:52:17.000 --> 01:52:21.720 business primating and it's difficult for businesses. 1896 01:52:21.239 --> 01:52:27.119 To get in that. I just imagine he went the Trump. 1897 01:52:27.119 --> 01:52:32.119 Visit the Kata and the area of cat was introducing 1898 01:52:32.439 --> 01:52:34.000 Dangote to Trump. 1899 01:52:34.680 --> 01:52:36.800 I imagine what it must have been telling him. 1900 01:52:37.279 --> 01:52:39.439 And if you look at latest of this, because I've 1901 01:52:39.520 --> 01:52:41.920 been influing Dankotte's news. 1902 01:52:43.199 --> 01:52:46.479 Around the world and it has really brought. 1903 01:52:46.279 --> 01:52:50.079 In so much positivity and in the common If you 1904 01:52:50.199 --> 01:52:53.199 ask people, they will tell you that one of the 1905 01:52:53.399 --> 01:52:56.000 game changers is, you know, the cross oversity and. 1906 01:52:56.119 --> 01:53:00.960 The fact that just capacity to the dollars. 1907 01:53:00.680 --> 01:53:03.760 Has improved despite the fact that the micros is still 1908 01:53:03.800 --> 01:53:04.319 a problem. 1909 01:53:04.760 --> 01:53:06.439 So yes, I understand the fact that a. 1910 01:53:06.439 --> 01:53:10.319 Lot of people have said that eight hundred the Giant 1911 01:53:10.359 --> 01:53:12.159 workers were dismissed. 1912 01:53:12.439 --> 01:53:15.399 We can't write that under and I feel the extreme 1913 01:53:15.680 --> 01:53:19.159 was to move looked at. We can't like a variety. 1914 01:53:19.319 --> 01:53:22.960 But the issue, I feel the end game is for 1915 01:53:23.119 --> 01:53:26.600 the fair governments to ensure that there's. 1916 01:53:26.399 --> 01:53:29.880 A system that will not make the Dankuote or the 1917 01:53:30.319 --> 01:53:31.520 Giant interest. 1918 01:53:31.720 --> 01:53:35.000 Indispensable because they also put the factor how would you 1919 01:53:35.119 --> 01:53:38.880 have for refineries that can't even match he caught out 1920 01:53:38.960 --> 01:53:42.760 dankuoties capacity as we speak. Look at what this happened 1921 01:53:42.800 --> 01:53:47.199 to ReViral recent there's no resolution. They had to acquire 1922 01:53:47.239 --> 01:53:51.479 import and that is a state. We found a governor 1923 01:53:51.960 --> 01:53:54.560 and giving the deputy governorship. 1924 01:53:54.680 --> 01:53:56.000 So we have so many problems. 1925 01:53:56.079 --> 01:53:58.199 Call you if you look at the ones that are 1926 01:53:58.279 --> 01:54:02.079 coming in the president. We thought that they could say 1927 01:54:02.119 --> 01:54:04.079 that they discount I was the one saying she put 1928 01:54:04.079 --> 01:54:06.920 into infity because many players don't want to buy it. 1929 01:54:07.159 --> 01:54:11.000 Now you're talking about spending billions of dollars to really so. 1930 01:54:11.079 --> 01:54:14.119 We really have problems. And I think for me that 1931 01:54:14.279 --> 01:54:15.319 could really. 1932 01:54:15.039 --> 01:54:18.840 Has a lot to prove because he's going to list 1933 01:54:19.840 --> 01:54:21.000 in the coming years. 1934 01:54:21.479 --> 01:54:23.840 He also has to pay creditors. People are not talking 1935 01:54:23.880 --> 01:54:25.720 about that. He also got us. 1936 01:54:26.239 --> 01:54:29.399 You know, we also need to ask why did anyplaicit difforce, 1937 01:54:29.720 --> 01:54:31.159 you know, inequity financing. 1938 01:54:31.479 --> 01:54:33.880 Why that's also you know, enough. 1939 01:54:33.800 --> 01:54:37.199 For Dan Coulty to be less interested in the Marcos 1940 01:54:37.239 --> 01:54:40.279 and the niger But I think patrols him also because. 1941 01:54:40.039 --> 01:54:42.520 The man had said it that he didn't want to 1942 01:54:42.600 --> 01:54:46.479 take Nigeria out of the dependency of the truth. 1943 01:54:47.840 --> 01:54:50.199 Let's just talk. Let's talk a see. So that got 1944 01:54:50.239 --> 01:54:53.720 into the statement that mean that I'm more liquid than 1945 01:54:53.800 --> 01:54:58.840 him or keep their money in Monocle, right, more money 1946 01:54:58.840 --> 01:55:01.640 in Monaco. Do you think any Nigerian that is as 1947 01:55:01.720 --> 01:55:04.680 liquid as Dangote that has money in Monaco, do you 1948 01:55:04.760 --> 01:55:06.520 think anyone is going to come to Nigeria and do 1949 01:55:06.640 --> 01:55:10.439 a steal plant or whatever. Do you think they will 1950 01:55:10.520 --> 01:55:13.600 do that because Dangote has proven so Nigeria is it's 1951 01:55:13.600 --> 01:55:17.319 a nation of stories. Ull before off a Jakota because 1952 01:55:17.319 --> 01:55:20.119 a Jagota field, many private guys didn't go to steel, 1953 01:55:20.640 --> 01:55:24.560 because Tinapa field. Many Nigerians didn't go into that sort 1954 01:55:24.560 --> 01:55:29.560 of entertainment lifestyles, shopping malls that's connected globally to airports, 1955 01:55:30.000 --> 01:55:32.479 free trades or no. One just went straight to shop. 1956 01:55:32.560 --> 01:55:32.720 Right. 1957 01:55:33.600 --> 01:55:37.920 This Dangote refinery thing that the government waited too long 1958 01:55:38.680 --> 01:55:41.520 to get involved because if you go on Bloomberg, now 1959 01:55:41.680 --> 01:55:44.520 you see the Pengasine has shut down the refinery blah 1960 01:55:44.680 --> 01:55:47.760 blah blah. Then they did the implication that it can 1961 01:55:47.880 --> 01:55:51.640 be shut down. That's the news. It can be shut down. 1962 01:55:52.560 --> 01:55:56.439 So it because it has a higher risk premium today 1963 01:55:56.760 --> 01:55:59.840 than it had yesterday, because there's no way that there's 1964 01:55:59.880 --> 01:56:03.159 no order in this company down to the refinery. Was 1965 01:56:03.279 --> 01:56:07.479 in any other country with me, it would never have 1966 01:56:07.600 --> 01:56:10.399 been shut up, irrespectable. 1967 01:56:09.680 --> 01:56:14.479 Whatever the issue that meant to face. 1968 01:56:15.880 --> 01:56:18.479 And I'm saying irrespective of what that got, it did 1969 01:56:18.640 --> 01:56:21.520 or it is alleged to have done, they refiningly would 1970 01:56:21.840 --> 01:56:24.560 never have been shot down. But it's been shut down now. 1971 01:56:25.119 --> 01:56:27.520 So in the the guys that are doing risk premium 1972 01:56:27.560 --> 01:56:30.399 for that, I will say it can be shut down. 1973 01:56:31.119 --> 01:56:33.880 It can be shut down. And that's going to add 1974 01:56:33.920 --> 01:56:36.760 if he business points to your risk premium, which is sad. 1975 01:56:37.319 --> 01:56:41.239 Can you also need to look at the fact that 1976 01:56:42.039 --> 01:56:44.479 they also look at the. 1977 01:56:46.199 --> 01:56:50.239 Car and you can't complain that you have some very 1978 01:56:50.319 --> 01:56:53.880 true and I think, as I said, has to say, 1979 01:56:55.039 --> 01:56:59.119 you know, this is new, the ref is new. 1980 01:56:59.560 --> 01:57:05.279 They also away about interest because devices that any serus 1981 01:57:05.800 --> 01:57:09.439 anerty provision will the interests around the world. 1982 01:57:10.000 --> 01:57:12.279 They're pretty much are not happy with Dougulty. Look at 1983 01:57:12.319 --> 01:57:13.600 how Dunky is taking. 1984 01:57:13.680 --> 01:57:17.479 Marketshire from s fieries even the United States, you know, 1985 01:57:17.600 --> 01:57:22.119 and the United States are kind of very people Dakulty, 1986 01:57:22.239 --> 01:57:25.319 because has increased. 1987 01:57:26.279 --> 01:57:27.159 Buying capacity. 1988 01:57:27.479 --> 01:57:29.920 This is what the Trump was fighting for repairs that 1989 01:57:30.199 --> 01:57:31.359 why are you buying Russians? 1990 01:57:31.800 --> 01:57:32.920 Why are you buy a Russian world? 1991 01:57:33.079 --> 01:57:37.119 Why can't you buy So let's let's let's let's play 1992 01:57:37.199 --> 01:57:41.119 conspiracy theories. Let's you like to play conference theorists. America 1993 01:57:41.239 --> 01:57:44.399 today is telling Russia, telling you e, you to leave 1994 01:57:44.520 --> 01:57:47.800 Russia and go to other sources. Where's the only source 1995 01:57:47.840 --> 01:57:49.920 that can go to in the world today? The aspect 1996 01:57:50.000 --> 01:57:54.720 capacity Nigeria. Then suddenly unions go to that same Nigeri 1997 01:57:54.720 --> 01:57:57.800 refinery and shut it down. Conflor you and I, but 1998 01:57:57.880 --> 01:58:00.760 let's get Cyrul to help in here. Cyruls, are you doing, Cyrus? 1999 01:58:01.479 --> 01:58:04.520 Guys gonna good? Yeah? 2000 01:58:06.640 --> 01:58:10.600 Goo giving everyone billion conversations and a lot of speakers 2001 01:58:10.680 --> 01:58:14.720 have said a lot of things about this that quite interesting. 2002 01:58:15.359 --> 01:58:18.600 And first and foremost, I think I said the problem 2003 01:58:19.520 --> 01:58:21.840 that I still with the old thing, and are the 2004 01:58:21.960 --> 01:58:25.840 old thing is being managed the way the angle finally, 2005 01:58:26.039 --> 01:58:31.920 communication team, probably the intern HR team, you know, the 2006 01:58:32.279 --> 01:58:34.520 way they dispelled the message or the. 2007 01:58:36.159 --> 01:58:39.760 The narrative and everything in between. I think a lot 2008 01:58:39.760 --> 01:58:40.960 of things have been modeled up. 2009 01:58:41.039 --> 01:58:45.199 Yet there's a difference between Peggerson and peg They're not 2010 01:58:45.319 --> 01:58:49.640 the same union. And interestingly, Peggerson has no time. I 2011 01:58:49.840 --> 01:58:53.159 pushed Aguity to join their union. You could you could 2012 01:58:53.199 --> 01:58:57.520 first check me, they have no time. I pushed at 2013 01:58:58.119 --> 01:59:00.239 or even that they start to join their union, because 2014 01:59:00.399 --> 01:59:04.439 this is a very dignified you know that, you know 2015 01:59:04.640 --> 01:59:10.399 as a rock state in different companies, Fames of Greats 2016 01:59:10.840 --> 01:59:15.079 marketed across the country, so they deal with shell, with 2017 01:59:15.199 --> 01:59:17.880 the handle with water smeith, you know. 2018 01:59:17.920 --> 01:59:19.479 Linaing them and one thing. 2019 01:59:19.600 --> 01:59:22.000 I feel like probably because tangle Ta is new to 2020 01:59:22.119 --> 01:59:25.960 the industry and they are trying to do their thing, 2021 01:59:26.000 --> 01:59:27.159 which I agree with them. 2022 01:59:27.079 --> 01:59:32.039 Completely saying dignified they block this refinery, what dignify them, 2023 01:59:32.800 --> 01:59:33.560 I'm getting, I'm. 2024 01:59:33.439 --> 01:59:36.319 Getting, I'm getting into that this is what I did. 2025 01:59:36.359 --> 01:59:37.600 I said that I feel like. 2026 01:59:37.640 --> 01:59:40.600 That going into the industry, and he probably they don't 2027 01:59:40.600 --> 01:59:45.039 really understand how the older sector uperate the other acceptor 2028 01:59:45.520 --> 01:59:49.560 is very cool, interdependent. It's not a record that works 2029 01:59:49.600 --> 01:59:53.399 in science. Even from the upstream to grilling disposition. 2030 01:59:53.880 --> 01:59:56.800 You still need the pipeline. It's still in distribution, you 2031 01:59:56.880 --> 01:59:58.560 still need in the retail. 2032 01:59:58.600 --> 02:00:02.479 You're singing everybody in of so you cannot just say 2033 02:00:02.600 --> 02:00:05.000 you want to do your own isolation. The reason why 2034 02:00:05.119 --> 02:00:08.880 you paid least concerned about angle Tee, whether they wanted 2035 02:00:08.960 --> 02:00:11.560 to dominate or they wanted to dissolve, not to let 2036 02:00:11.600 --> 02:00:14.199 me let me go toward I need to disturb the distribution. 2037 02:00:14.760 --> 02:00:19.399 Distribution market, which is was the reserve to people in 2038 02:00:19.479 --> 02:00:20.239 logistic It's. 2039 02:00:20.159 --> 02:00:23.079 A different market on its own, right, So they felt 2040 02:00:23.399 --> 02:00:25.680 concided about it, that's okay, we want to step in 2041 02:00:25.880 --> 02:00:26.720 and the open up. 2042 02:00:26.840 --> 02:00:28.119 But it was not Pedestine. 2043 02:00:28.840 --> 02:00:32.119 And the interesting thing about this was that when they 2044 02:00:32.359 --> 02:00:37.199 fired those engineers, right and they've already made a statement 2045 02:00:37.239 --> 02:00:39.840 that any of the employee could join the union, and 2046 02:00:39.920 --> 02:00:42.039 the employee could be part of union, but they are 2047 02:00:42.079 --> 02:00:44.279 going be forced to do that, or did the employee 2048 02:00:44.319 --> 02:00:47.239 decide to go ahead with the delective of the the 2049 02:00:47.439 --> 02:00:49.560 management and decide to join pedicine. 2050 02:00:49.960 --> 02:00:52.840 What they forget to know is that if you're winning it, 2051 02:00:53.039 --> 02:00:56.079 finally you need the pipelines, you need the l eenies, 2052 02:00:56.159 --> 02:00:56.680 you need, you. 2053 02:00:56.760 --> 02:01:02.199 Need, you need the the plan from every other stakeholder 2054 02:01:02.399 --> 02:01:05.239 involved to ensure that you're you're finally you're quitted and 2055 02:01:05.399 --> 02:01:09.520 tradition are stick in this in all of these all all. 2056 02:01:09.479 --> 02:01:12.640 Of these operators. So what we have spoken would have happened. 2057 02:01:14.399 --> 02:01:15.039 Shut it down? 2058 02:01:15.920 --> 02:01:19.520 I don't know, absolutely not, absolutely not, but I feel 2059 02:01:19.640 --> 02:01:21.960 like what I feel could have happened. I said the 2060 02:01:22.079 --> 02:01:25.399 problem was that they do not and do the routing. Well, 2061 02:01:25.800 --> 02:01:28.560 there is nothing wrong with speaking to your staff and 2062 02:01:28.880 --> 02:01:32.000 you know, telling them, in strutting them not to join. 2063 02:01:31.920 --> 02:01:34.479 The union, and even giving them. 2064 02:01:34.359 --> 02:01:37.560 Incentives not to do so. It's just it's just the 2065 02:01:37.640 --> 02:01:40.479 commercial as opposed to uting. Like I said, person has 2066 02:01:40.560 --> 02:01:44.000 not But in any time I pushed to join your union, 2067 02:01:44.479 --> 02:01:48.479 they've seen down, got put commissioning, commissioning, you know, and. 2068 02:01:48.680 --> 02:01:50.000 They're not going for the first one year. 2069 02:01:50.079 --> 02:01:53.319 They've never had one point to join their union, probably indoor, 2070 02:01:53.399 --> 02:01:55.880 but that there's nothing in open that we know about. 2071 02:01:56.359 --> 02:02:00.680 So these ones seem as though the the the whately. 2072 02:02:00.399 --> 02:02:04.840 Finally is discriminating against anyone who decided to be part 2073 02:02:04.880 --> 02:02:08.479 of union. And there's nothing wrong as an employee journey 2074 02:02:08.520 --> 02:02:10.800 a union. You can decide today that you want to 2075 02:02:11.039 --> 02:02:12.840 be part of if you're working. 2076 02:02:12.680 --> 02:02:13.479 For let's say. 2077 02:02:15.520 --> 02:02:20.159 Education institutional idea, a battle teacher union, nobody's. 2078 02:02:19.720 --> 02:02:22.560 Going to stop you from doing that. So But and 2079 02:02:22.720 --> 02:02:23.000 if you. 2080 02:02:23.359 --> 02:02:26.840 Fire somebody because they journey union and it's an illegal 2081 02:02:26.920 --> 02:02:30.600 thing to do, it is on consumer to discriminate some 2082 02:02:30.720 --> 02:02:31.840 because they're part of a union. 2083 02:02:32.359 --> 02:02:34.039 You can find them or you find and that's why 2084 02:02:34.159 --> 02:02:36.960 they they will tell the final compression thing. I'm not 2085 02:02:37.119 --> 02:02:39.359 even goody not to say that. Why to fire those people. 2086 02:02:39.640 --> 02:02:41.680 They cannot say that because when you say that, you 2087 02:02:42.119 --> 02:02:44.640 have an illegal issue that can put you in a 2088 02:02:44.720 --> 02:02:47.600 lawsuits for a long time. So for me, I feel 2089 02:02:47.640 --> 02:02:50.800 like they could have handled differently. They could have incentified 2090 02:02:50.920 --> 02:02:53.800 their staff not to journey union in in any way 2091 02:02:53.800 --> 02:02:56.439 then they know and to be honest, Acou, there is 2092 02:02:56.560 --> 02:02:59.279 no way a person who wants to start protect and 2093 02:02:59.359 --> 02:03:02.720 will you find it because the fathers have. 2094 02:03:03.079 --> 02:03:04.079 Members in order. 2095 02:03:04.159 --> 02:03:08.760 The financis because pipeline infanstation Nigelia, you know, a gas 2096 02:03:08.920 --> 02:03:10.439 Plantermina plus Nigelia. 2097 02:03:10.760 --> 02:03:12.920 The work with the work with NDLE, they work with. 2098 02:03:14.399 --> 02:03:19.119 The work finally, Cyrus, you say this, but the fact 2099 02:03:19.199 --> 02:03:23.039 is that the Yeah, but right now their trucks were 2100 02:03:23.159 --> 02:03:27.479 parted blocking thegle To refinery. You say this, but they 2101 02:03:27.560 --> 02:03:31.960 did subbortage the refinery. It's not speculation. They did subbortage. 2102 02:03:33.439 --> 02:03:38.560 They issued state spaced that the the finance issue in. 2103 02:03:38.720 --> 02:03:44.279 State and called back the employees that because calor with 2104 02:03:44.359 --> 02:03:46.239 the music, because they decided to. 2105 02:03:46.399 --> 02:03:51.119 Join the Biggerson union, that that is what they called. 2106 02:03:50.960 --> 02:03:55.039 For under no no, no, sir, Cyrus. If they called 2107 02:03:55.119 --> 02:03:58.079 they called for that and then they went ahead to 2108 02:03:58.159 --> 02:04:01.359 see the gas the gas five shout to be turned 2109 02:04:01.479 --> 02:04:03.279 up and then they block depends. 2110 02:04:07.800 --> 02:04:09.800 To a poly couldn't involve to be blocked. 2111 02:04:11.039 --> 02:04:13.439 Why should they say that, that's the point. Why should 2112 02:04:13.439 --> 02:04:17.880 they say that? They cannot say that, Cyrus, they are 2113 02:04:17.880 --> 02:04:25.399 an essential service. Essential service cannot go on strike. It 2114 02:04:25.560 --> 02:04:29.000 doesn't matter, Cyrus. They cannot go on strike. 2115 02:04:30.239 --> 02:04:30.960 They cannot. 2116 02:04:35.039 --> 02:04:37.359 So are you saying that you army can say because 2117 02:04:37.359 --> 02:04:39.560 I'm not opening scenario, I'm gonna go and strike, because 2118 02:04:39.720 --> 02:04:47.199 because because they have they can't. Police can't go and strike. 2119 02:04:48.199 --> 02:04:52.279 Essential services cannot go on strike. It is you can't 2120 02:04:52.279 --> 02:04:53.880 say they can go on I must say whether they're 2121 02:04:53.920 --> 02:04:57.000 right or wrong. I'm saying they cannot go on strike 2122 02:04:57.039 --> 02:04:59.880 because they are essential services, they can't go and strike. 2123 02:05:00.199 --> 02:05:01.640 But no all. 2124 02:05:03.279 --> 02:05:08.800 For example, if they're essential, they cannot go on strike. Cyrus. 2125 02:05:09.800 --> 02:05:13.560 Before it doesn't mean before it was right. I'm saying 2126 02:05:13.560 --> 02:05:17.680 that the essential services cannot go on strike. That's the 2127 02:05:17.760 --> 02:05:18.399 point I'm making. 2128 02:05:19.680 --> 02:05:21.960 I think, and I think with the idea is that 2129 02:05:22.079 --> 02:05:25.479 people don't understand what with is critical like for example, 2130 02:05:26.039 --> 02:05:28.159 you don't know they don't want me. 2131 02:05:29.680 --> 02:05:32.800 I just want to look at if you look at. 2132 02:05:33.039 --> 02:05:36.640 The French for example, whether you protested and everything, you 2133 02:05:36.720 --> 02:05:37.960 don't say anything about. 2134 02:05:37.720 --> 02:05:43.960 Local because most of the one nucle energy and even 2135 02:05:44.319 --> 02:05:46.279 riven money to work in that institute. 2136 02:05:46.279 --> 02:05:47.039 You must be a friend. 2137 02:05:48.199 --> 02:05:53.199 You don't allow for us to critical they are certain 2138 02:05:53.239 --> 02:05:56.720 things is international. So the problem we have been in 2139 02:05:56.840 --> 02:05:58.359 that system. That's what I said. We also have a 2140 02:05:58.399 --> 02:06:01.840 pritical issue is that we not the it is critical, 2141 02:06:02.199 --> 02:06:04.800 like I know what can be saying, but do you 2142 02:06:06.199 --> 02:06:06.680 from your. 2143 02:06:08.199 --> 02:06:14.439 So just double the pet issues bringing out so many 2144 02:06:14.479 --> 02:06:15.119 of the issues. 2145 02:06:15.239 --> 02:06:17.840 And I've always said it before that what is the 2146 02:06:17.960 --> 02:06:20.760 advantage of visiting a business in the stock. 2147 02:06:20.520 --> 02:06:24.600 Markets that opposes books to show that to the public 2148 02:06:25.479 --> 02:06:28.239 and you have a private person. 2149 02:06:29.760 --> 02:06:34.560 The advantage it was that in Lettin you don't see 2150 02:06:34.600 --> 02:06:37.640 that gym, you don't see that in Japans that in China, 2151 02:06:38.159 --> 02:06:41.680 China the companies idle. So the problem I have here 2152 02:06:41.760 --> 02:06:44.079 is that you don't have that. It's not in differentized. 2153 02:06:44.119 --> 02:06:46.640 So what I is right you can. 2154 02:06:49.239 --> 02:06:55.039 Said about essential economic settles us to do with the 2155 02:06:55.159 --> 02:06:56.920 government what you mentioned in. 2156 02:06:57.000 --> 02:07:01.680 Military it's a government or if nial label comes for example, 2157 02:07:01.880 --> 02:07:04.079 decide to go finding those two actions. 2158 02:07:04.439 --> 02:07:06.680 They can't say that the media it will stop working, 2159 02:07:07.079 --> 02:07:10.640 right and for example, even the healthcare of the government 2160 02:07:10.720 --> 02:07:14.079 work not If you're talking about pipe does an anngier 2161 02:07:14.279 --> 02:07:15.840 they can easily, but it can usually not. 2162 02:07:15.880 --> 02:07:17.159 Show up at work the next day. 2163 02:07:17.680 --> 02:07:18.479 If you're talking. 2164 02:07:18.359 --> 02:07:19.800 About about. 2165 02:07:22.800 --> 02:07:28.800 Me, if you're talking about energy plans, workers gets. 2166 02:07:27.640 --> 02:07:29.720 Not show up at the work the next day. It's 2167 02:07:29.800 --> 02:07:31.840 not that it's not that computated. 2168 02:07:32.560 --> 02:07:33.479 It's not that. 2169 02:07:33.560 --> 02:07:38.800 That would issue. I think that was excluenced. I mean 2170 02:07:39.239 --> 02:07:40.880 take thinking trying to. 2171 02:07:40.880 --> 02:07:46.760 Say, okay, where does that youreform or you understand over everything. 2172 02:07:47.800 --> 02:07:52.000 All right, And so you're saying that if there's an issue, 2173 02:07:52.199 --> 02:07:53.159 it could go and strike. 2174 02:07:53.279 --> 02:07:57.039 If there's a course, you know what the country use you. 2175 02:07:57.079 --> 02:07:59.880 Know, and public it is for example like the issue 2176 02:08:00.079 --> 02:08:04.520 FASI for example, they want to counsel because the countries 2177 02:08:04.600 --> 02:08:07.960 to they want to counsel to publicities to see. 2178 02:08:09.279 --> 02:08:11.039 And the people are saying no, they don't want that. 2179 02:08:11.439 --> 02:08:15.239 That's what does tell the effect of just looking off 2180 02:08:15.600 --> 02:08:16.319 in the economy. 2181 02:08:16.399 --> 02:08:19.239 Now they're tellingly that now because we are. 2182 02:08:19.239 --> 02:08:23.520 In an issue, Piplane or Beatles can look where companies 2183 02:08:24.359 --> 02:08:26.800 energy really are distributed. 2184 02:08:27.920 --> 02:08:30.560 That this is this is an economy where where the 2185 02:08:31.079 --> 02:08:35.079 DSS is going after Twitter because of a post made 2186 02:08:35.159 --> 02:08:39.560 by against the president. What I'm saying is simple, if 2187 02:08:39.640 --> 02:08:42.239 they decided to come to work, they're all falsifed with malaria. 2188 02:08:42.399 --> 02:08:44.920 No problem, it's malaria. But if they have a meeting 2189 02:08:45.840 --> 02:08:48.399 and at that meeting they agree that all of them 2190 02:08:49.239 --> 02:08:51.880 will not come to work because they want to pressurize 2191 02:08:51.960 --> 02:08:56.800 the management of a company to do something, it is illegal. 2192 02:08:57.119 --> 02:09:00.880 It's an essential service. They cannot use their power as 2193 02:09:00.920 --> 02:09:05.079 a union to stop an essential service, whether they are 2194 02:09:05.279 --> 02:09:07.880 right or wrong. That's why the general law has got 2195 02:09:08.039 --> 02:09:11.319 many steps. Before you strike, you have to give notice. 2196 02:09:11.479 --> 02:09:15.119 There's industrial court, there's arbitration. The midst of labor has 2197 02:09:15.119 --> 02:09:17.880 also talk to you. There are point and industrial plents 2198 02:09:17.880 --> 02:09:20.479 also talk to you. All these steps are failed breaks 2199 02:09:20.800 --> 02:09:23.319 that will say, before you can go on strike, the 2200 02:09:23.520 --> 02:09:26.720 government would have been aware of it, would have tried 2201 02:09:26.760 --> 02:09:30.760 to interfare and resolve the issue. They will do all this. 2202 02:09:31.239 --> 02:09:34.439 You just can't wake up and say they need the allowance. Therefore, 2203 02:09:34.640 --> 02:09:38.960 the oil pipelines, the oil Niger's oil pipelines, you know 2204 02:09:39.079 --> 02:09:40.960 you can't put them up and put them back on immediately. 2205 02:09:41.560 --> 02:09:43.600 You just say, let's put it off. Let's that we 2206 02:09:43.640 --> 02:09:45.399 had that, Let's that we had a jag cutter. Still 2207 02:09:45.880 --> 02:09:48.960 you now say, okay, off the fullness. Put the fullness 2208 02:09:49.119 --> 02:09:50.760 off because we're going on strike. 2209 02:09:50.840 --> 02:09:51.399 You don't do that. 2210 02:09:51.920 --> 02:09:55.600 That's why you have the law. It clearly states the processes. 2211 02:09:55.840 --> 02:09:59.840 You give notice, you go for AIP industrial court, beef, 2212 02:10:00.159 --> 02:10:01.960 or you can even go on to strike. That's the 2213 02:10:01.960 --> 02:10:04.199 reason why they have those stop gates there. It doesn't 2214 02:10:04.239 --> 02:10:06.479 matter if you are right. It doesn't matter if you 2215 02:10:06.560 --> 02:10:13.199 are wrong. Essential services cannot waker. I agree together and 2216 02:10:13.359 --> 02:10:15.880 go and strike. It doesn't work that way, sir. I'm 2217 02:10:15.920 --> 02:10:18.000 not saying whether I right or wrong. I agree with 2218 02:10:18.039 --> 02:10:21.640 to the point that that Dangote will been clear their 2219 02:10:21.880 --> 02:10:25.600 hl their pr folks are not competents in well. The 2220 02:10:25.800 --> 02:10:28.039 government also has been too slow to step in and 2221 02:10:28.159 --> 02:10:31.880 say hey stop, these things give us a bad images nationally. 2222 02:10:32.159 --> 02:10:35.199 This is affecting our bond rating. If that Gotta goes 2223 02:10:35.199 --> 02:10:38.359 to raise bumps tomorrow, he would pay an extra business 2224 02:10:38.439 --> 02:10:40.920 point because these issues he will pay and who pays 2225 02:10:41.079 --> 02:10:43.600 You and I when it comes to grease equity, we 2226 02:10:43.680 --> 02:10:46.840 are going to pay more for than got shares because 2227 02:10:46.880 --> 02:10:50.039 of what's happened over this weekend, whether it is Fangerson, 2228 02:10:50.319 --> 02:10:53.399 whether it is now paying whatever I named unions call themselves. 2229 02:10:53.720 --> 02:10:57.319 They went too far in trying to stop the operations 2230 02:10:57.840 --> 02:11:00.359 of that refinery. They went too far. They could have 2231 02:11:00.479 --> 02:11:04.039 done many things, but not to stop the operations of 2232 02:11:04.159 --> 02:11:07.279 their finding it is it is beyond what they're debating, 2233 02:11:07.319 --> 02:11:08.479 because beyond but that. 2234 02:11:13.079 --> 02:11:17.640 Is the problem. Allow we inherited from the podcast, like I. 2235 02:11:17.680 --> 02:11:19.439 Said, an economic discussion. 2236 02:11:20.520 --> 02:11:24.520 We like extremism and we like this fight take. We 2237 02:11:24.920 --> 02:11:28.279 feel that was we must use our last card, even 2238 02:11:28.319 --> 02:11:31.000 as the slightest opportunity. I think it's an opening. It's 2239 02:11:31.319 --> 02:11:34.159 because even look as we have example, that's the smallest 2240 02:11:34.239 --> 02:11:36.840 way you can be said to the wean for the 2241 02:11:36.880 --> 02:11:38.600 glass card that we call the person's head. 2242 02:11:39.600 --> 02:11:42.600 It's a weekend. Now, this is it's a beautiful like 2243 02:11:42.680 --> 02:11:44.880 a week a week and you're shotting down the largest 2244 02:11:44.960 --> 02:11:49.159 refinery in ninety and maybe sometimes come forward the week 2245 02:11:49.920 --> 02:11:52.920 let's science. Do you know what the same each. 2246 02:11:55.119 --> 02:11:59.159 By saying I'm completely that they both side. 2247 02:12:00.279 --> 02:12:04.680 They impose and extremities in the situation that could have 2248 02:12:04.800 --> 02:12:07.880 been set to you know, behy closed doors I don't 2249 02:12:07.920 --> 02:12:09.039 see any reason. 2250 02:12:08.800 --> 02:12:11.600 Why, for example, that would tell he find and he 2251 02:12:12.000 --> 02:12:17.319 would fire local engineers. By the way, they quick commissioning. 2252 02:12:17.399 --> 02:12:19.239 Many of them were there because they needed to find 2253 02:12:19.239 --> 02:12:24.119 against biggest for the first time. And and these guys 2254 02:12:24.119 --> 02:12:27.439 are midlevel workers and some of them are people have 2255 02:12:27.960 --> 02:12:30.960 spoken to me directly and they told me that they 2256 02:12:31.039 --> 02:12:34.680 did not see it coming. And what the re find 2257 02:12:34.680 --> 02:12:37.680 a statement that they believe was that they. 2258 02:12:37.600 --> 02:12:38.680 Want to sabble toad. 2259 02:12:39.239 --> 02:12:42.319 Then finally, I want to score to your operation, which 2260 02:12:42.359 --> 02:12:45.680 is not not to I think these are extremities that 2261 02:12:45.800 --> 02:12:48.399 could have been avoided and this could have been said 2262 02:12:48.439 --> 02:12:52.119 to it. I feel like there's no in Nigeria. There's 2263 02:12:52.199 --> 02:12:55.680 no free job. You know, there's no job. So for 2264 02:12:55.840 --> 02:12:59.680 someone to wake up a family of two days birdmen 2265 02:12:59.720 --> 02:13:02.039 of his was to be couped that on jobs only 2266 02:13:02.119 --> 02:13:04.199 nine years, this are going to be absorbing the economy 2267 02:13:04.239 --> 02:13:07.000 also have an economy unlikely. 2268 02:13:07.199 --> 02:13:10.000 I think you said I agree with you completely that 2269 02:13:10.560 --> 02:13:11.960 it's an extreme measure. 2270 02:13:12.039 --> 02:13:15.079 But like I said, postally, just trying to get from 2271 02:13:15.119 --> 02:13:17.880 the government and from that the finance to instate those 2272 02:13:17.920 --> 02:13:18.399 guys back. 2273 02:13:18.439 --> 02:13:22.239 And I want to believe that if it's resolved. 2274 02:13:22.279 --> 02:13:25.479 Those engineers are, you know, state dad back to the 2275 02:13:25.920 --> 02:13:27.760 the finances so they can have a job back. 2276 02:13:28.560 --> 02:13:30.640 What are your first round? Yes, thank you so much, sir, 2277 02:13:30.880 --> 02:13:33.119 your first round, pitcher, go for it. Let's just adult. 2278 02:13:33.520 --> 02:13:37.199 Sorry trying to speak. I apologize and little I'm just 2279 02:13:37.239 --> 02:13:39.199 do fast pitch, go for it and just make sure 2280 02:13:39.239 --> 02:13:39.840 everyone is going. 2281 02:13:39.840 --> 02:13:47.279 To be believe I'm list. Some pointed the network showing off. 2282 02:13:48.159 --> 02:13:48.520 I don't know. 2283 02:13:48.600 --> 02:13:52.920 I'm actually I want so those like I sum you 2284 02:13:53.000 --> 02:13:54.239 know the line of work I do. 2285 02:13:54.880 --> 02:13:57.560 So I'm actually I'm naturally not going to say a 2286 02:13:57.560 --> 02:13:58.279 whole lot of things. 2287 02:13:58.399 --> 02:14:02.720 Yeah, personally, just I read your d I know where 2288 02:14:02.720 --> 02:14:03.800 you're coming from my head. 2289 02:14:04.680 --> 02:14:07.680 Yeah, so I'm definitely going to be a bit restricted 2290 02:14:07.720 --> 02:14:10.600 in things I said, but I would never get to 2291 02:14:10.640 --> 02:14:11.800 set the record straight. 2292 02:14:12.439 --> 02:14:13.079 So for me. 2293 02:14:13.960 --> 02:14:18.439 Number one, we spoke about the issue of peers shutting 2294 02:14:18.520 --> 02:14:19.720 down the pipeline. 2295 02:14:19.840 --> 02:14:22.880 I think it does the next three measure because if 2296 02:14:22.920 --> 02:14:24.920 it treated, the impact is going to happen. 2297 02:14:25.479 --> 02:14:26.039 You know that. 2298 02:14:26.680 --> 02:14:29.279 Finally, they don't go there. If it's not something It's 2299 02:14:29.319 --> 02:14:31.960 not like your car. You can easily just put in 2300 02:14:32.079 --> 02:14:34.520 a key and start it off. If you ever shut 2301 02:14:34.600 --> 02:14:36.760 it down, you might end up spending the next three 2302 02:14:36.800 --> 02:14:37.880 months trying to start it off. 2303 02:14:38.840 --> 02:14:41.800 You can imagine what it means like three months trying 2304 02:14:41.840 --> 02:14:44.359 to start and the really is that the rule of 2305 02:14:44.520 --> 02:14:49.439 complex units like a single unit. They might maybe in 2306 02:14:49.600 --> 02:14:52.920 truth just to me just trying to ramp it off, 2307 02:14:53.000 --> 02:14:53.840 and it works in. 2308 02:14:53.920 --> 02:14:57.760 Sequence, like for you to start true might even be 2309 02:14:57.920 --> 02:15:01.359 in the next three months because because the reason is 2310 02:15:01.439 --> 02:15:03.880 that because A and B there are supposed to be 2311 02:15:04.119 --> 02:15:07.159 least are not yet up. So those thing happens in sequences, 2312 02:15:07.920 --> 02:15:10.039 and that is why it's more like a continuous process. 2313 02:15:10.600 --> 02:15:12.920 So they don't even allow it to show them in 2314 02:15:13.000 --> 02:15:14.920 the first place. So as it is like they can 2315 02:15:15.000 --> 02:15:18.640 even run for the next thirty years without going down, 2316 02:15:18.960 --> 02:15:22.239 so it is better for them that way, better than 2317 02:15:22.359 --> 02:15:23.159 shocking down. 2318 02:15:23.520 --> 02:15:25.600 So it's a very very serious it should be limited 2319 02:15:25.680 --> 02:15:27.199 to I think the government needs me to. 2320 02:15:27.239 --> 02:15:30.399 Weigh, but for me, I just feel that dangle they themselves, 2321 02:15:30.880 --> 02:15:34.720 the management shouldn't shouldn't have probably allowed this issue to 2322 02:15:34.800 --> 02:15:38.079 get to this extent state. I think it's something that 2323 02:15:38.319 --> 02:15:41.159 maybe the management need to learn from this. Number one 2324 02:15:41.239 --> 02:15:43.199 things they need to work on this work as well. 2325 02:15:43.239 --> 02:15:45.720 Off. I'm sure a lot of people doesn't even know 2326 02:15:45.800 --> 02:15:46.359 what it looks like. 2327 02:15:46.479 --> 02:15:51.720 It's certain for me believe that at least when like 2328 02:15:51.880 --> 02:15:55.000 two people like maybe someone like myself, I'm working and 2329 02:15:55.079 --> 02:15:56.960 I say another person that I feel that I'm better 2330 02:15:57.039 --> 02:16:01.840 than knowledge wise these skills the better skills. Like at 2331 02:16:01.840 --> 02:16:03.520 the end of the day you find out that these 2332 02:16:03.640 --> 02:16:06.119 people would your office is better than your own, your 2333 02:16:06.159 --> 02:16:09.079 sire just being treated like a safe worth nothing, but 2334 02:16:09.239 --> 02:16:13.199 you do the actual job dead. So what happens possibly 2335 02:16:13.239 --> 02:16:16.199 received it because this person is an Indian recording an 2336 02:16:16.199 --> 02:16:18.920 extra to it, you know, looking at when both of 2337 02:16:19.000 --> 02:16:21.079 you getting out there to the field to get maybe 2338 02:16:21.159 --> 02:16:24.119 get things done, they stand aside and I'm lo you 2339 02:16:24.199 --> 02:16:26.600 today because you're the wand that needs how this thing works. 2340 02:16:27.079 --> 02:16:29.640 After doing all, at the end of the day, you're paycheck, 2341 02:16:29.720 --> 02:16:31.159 you find out that this person and I'm gonna have 2342 02:16:31.239 --> 02:16:35.079 it mostly four times what you have thought that for 2343 02:16:35.239 --> 02:16:37.040 plus of allowances and everything. 2344 02:16:37.600 --> 02:16:40.719 You'll be asking yourself, am I being a slavey or something? 2345 02:16:40.719 --> 02:16:43.680 I think that's exactly what if the on day they 2346 02:16:43.680 --> 02:16:45.840 sublet to do what they're supposed to. 2347 02:16:45.920 --> 02:16:48.319 I don't think any of the stuff. If you want 2348 02:16:48.360 --> 02:16:51.920 to go join the form of linium just the basic 2349 02:16:52.000 --> 02:16:52.520 sue today. 2350 02:16:52.760 --> 02:16:54.840 So for me, I just feel that they it's something 2351 02:16:54.879 --> 02:16:57.399 they need to sit down the beat, go back to 2352 02:16:57.479 --> 02:16:59.399 the board, are ment of certain things. 2353 02:16:59.479 --> 02:17:01.159 I don't think that you acting so much. 2354 02:17:01.520 --> 02:17:03.840 So some of this is really all human beings. So 2355 02:17:04.000 --> 02:17:06.360 when they look at their counterparts working in a similar 2356 02:17:06.559 --> 02:17:09.559 environment and seeing what comes out of them and probably 2357 02:17:09.559 --> 02:17:11.879 see how their life face, well you find out everything 2358 02:17:12.600 --> 02:17:12.959 Christ is. 2359 02:17:12.959 --> 02:17:14.680 The fabily they troubling needed to fit. 2360 02:17:15.159 --> 02:17:17.200 Why they find out that somebody may be cold, and 2361 02:17:17.879 --> 02:17:22.200 they even things that they use begin to answers. 2362 02:17:21.840 --> 02:17:23.000 Say why am I even there? 2363 02:17:23.680 --> 02:17:25.799 Maybe they should have lady for them just to read 2364 02:17:26.319 --> 02:17:28.399 maybe if probably they could read alone. 2365 02:17:28.959 --> 02:17:31.799 So it happens a lot that I wuld experienced a. 2366 02:17:31.840 --> 02:17:35.559 Couple of products sometimes just it's such an environment. And 2367 02:17:35.680 --> 02:17:38.040 so that it came to literally expressed and saying if 2368 02:17:38.079 --> 02:17:42.200 you do number, why you're going to be victimized, face 2369 02:17:42.239 --> 02:17:45.120 some sort of assumption or even sack just because. 2370 02:17:44.840 --> 02:17:46.079 You speak of so something. 2371 02:17:46.159 --> 02:17:51.040 Every Way, everybody's likely scared to say something, even to 2372 02:17:51.159 --> 02:17:55.079 discuss what they're going through outside with anybody, because once 2373 02:17:55.200 --> 02:17:56.600 you have been noted that you have the one that 2374 02:17:56.879 --> 02:17:57.719 is in might end up. 2375 02:17:58.719 --> 02:18:01.840 Even like what they're going to so saying that that happened. 2376 02:18:02.200 --> 02:18:04.719 So for me, I think organizations like that they leave 2377 02:18:04.799 --> 02:18:06.000 me to see stuff. 2378 02:18:06.040 --> 02:18:09.200 Well, for some people might not feelings alone, but that 2379 02:18:09.399 --> 02:18:12.280 little difference actually they might not be an okay pays 2380 02:18:12.399 --> 02:18:15.959 just like this estandish but actually something if somebody. 2381 02:18:15.639 --> 02:18:19.920 Maybe at the end of the day, my hands and 2382 02:18:20.479 --> 02:18:24.799 I still have maybe little, I think you might worry less. 2383 02:18:25.600 --> 02:18:26.159 So I don't know. 2384 02:18:26.440 --> 02:18:31.639 They let things, but let them things honestly speaking, right, 2385 02:18:31.920 --> 02:18:34.840 what are the expatriates doing there? I think some of 2386 02:18:34.959 --> 02:18:38.959 the Nigerians can do. Is it like learnything but working? 2387 02:18:39.280 --> 02:18:39.959 What are you doing there? 2388 02:18:40.159 --> 02:18:41.559 If you can be very very honest? 2389 02:18:42.920 --> 02:18:49.159 Okay, okay, okay, I want I want to walk there. Yeah, 2390 02:18:49.239 --> 02:18:51.639 no longer than what I want to walk there. With 2391 02:18:51.799 --> 02:18:55.200 the construction on the guys, my area was instrument and control. 2392 02:18:55.399 --> 02:18:59.760 Personally, I have It's people are drinking It's nan and 2393 02:18:59.799 --> 02:19:00.879 they are pretty dream well. 2394 02:19:02.000 --> 02:19:03.520 I trained eight engineers there. 2395 02:19:04.079 --> 02:19:07.920 They came in the actually university graduates without much like 2396 02:19:08.040 --> 02:19:11.280 an experience some of us who were brought in from 2397 02:19:11.360 --> 02:19:12.360 the fame fields. 2398 02:19:12.719 --> 02:19:16.280 For me, I left my phone. They're actually pushing lade 2399 02:19:16.319 --> 02:19:18.079 me an offer. I went there, so I wasn't really 2400 02:19:18.159 --> 02:19:21.239 like the dire star. I was more like a professional 2401 02:19:21.360 --> 02:19:24.719 coming in there. So what were you This is that 2402 02:19:24.840 --> 02:19:27.559 opportunity see what's going on there to start. 2403 02:19:27.399 --> 02:19:29.879 Training our state, which I know that was why they 2404 02:19:29.920 --> 02:19:31.000 haven't badly trainees. 2405 02:19:31.559 --> 02:19:34.360 So those graduate trainees were attached to you, so we 2406 02:19:34.440 --> 02:19:38.239 were more like a visor. They attached to you do 2407 02:19:38.399 --> 02:19:41.840 things from there, were trying to train. So at some 2408 02:19:42.000 --> 02:19:44.319 point of this show was like those best pattery. Some 2409 02:19:44.440 --> 02:19:45.680 of them coming they more. 2410 02:19:45.600 --> 02:19:47.920 Like even like like for me in my own team, 2411 02:19:48.079 --> 02:19:49.879 I was more like the head of the thing there. 2412 02:19:50.559 --> 02:19:53.360 How would they spatrate everybody? Give the direction? 2413 02:19:53.760 --> 02:19:55.159 But at some point to find out it's more like 2414 02:19:55.239 --> 02:19:58.760 a parents. So they have their own people who bring 2415 02:19:58.879 --> 02:20:01.479 us what are is that they. 2416 02:20:01.520 --> 02:20:05.159 Tend to make it impossible for our guys there to 2417 02:20:05.399 --> 02:20:07.559 lay like I'm trying trying to tell you. 2418 02:20:07.639 --> 02:20:08.840 A practical experience. 2419 02:20:09.799 --> 02:20:13.479 So in this very more because probably they might alclumpire 2420 02:20:13.520 --> 02:20:17.559 you in some ways, maybe because of the hierarchy of 2421 02:20:17.639 --> 02:20:21.280 how things works. So some of us because of maybe 2422 02:20:21.479 --> 02:20:23.920 we have no way to lose I'm coming from. 2423 02:20:24.079 --> 02:20:26.840 How some of us skinning there, we are not of 2424 02:20:26.959 --> 02:20:29.840 any quit because even evening, I can work up to more. 2425 02:20:30.399 --> 02:20:31.399 Walking and I can leave. 2426 02:20:33.879 --> 02:20:37.360 I want to why why do they have them again? 2427 02:20:37.399 --> 02:20:40.719 I'm asking again, are they technical? People are training? The 2428 02:20:40.840 --> 02:20:44.319 people go today with their finders to work. Just want 2429 02:20:44.360 --> 02:20:45.680 to just get to the personal. 2430 02:20:47.399 --> 02:20:49.799 Okay, okay, come to be fair to you, to be 2431 02:20:49.879 --> 02:20:50.520 fair to they. 2432 02:20:50.559 --> 02:20:54.639 Okay, some of them are actually hiding technical both at 2433 02:20:54.760 --> 02:20:59.600 long and long. They're just more like the ground level 2434 02:21:00.159 --> 02:21:02.399 trying equally trying to learn. The prople of them are 2435 02:21:02.479 --> 02:21:05.760 trying to learn on the job there, so it's more 2436 02:21:05.840 --> 02:21:08.280 like at the same part with our people. I'm half 2437 02:21:08.319 --> 02:21:12.360 from those of managers, the managers of this, this provice 2438 02:21:12.479 --> 02:21:15.479 of this those are one actually say, oh, these are 2439 02:21:15.600 --> 02:21:17.079 highly skilled in level. 2440 02:21:17.120 --> 02:21:20.000 How people are calling at the same level. But it's 2441 02:21:20.000 --> 02:21:21.920 see most of those of those I think that some 2442 02:21:22.040 --> 02:21:23.639 of them doesn't even know what this thing is? 2443 02:21:24.440 --> 02:21:24.959 Where? Where? 2444 02:21:25.079 --> 02:21:25.280 Where? 2445 02:21:25.360 --> 02:21:25.920 Where did they? 2446 02:21:27.680 --> 02:21:30.200 I don't know, Honestly, I don't know. 2447 02:21:30.319 --> 02:21:32.040 Like I told you now where I was see I 2448 02:21:32.120 --> 02:21:35.959 knew people doing among those Patrick when they can do 2449 02:21:36.280 --> 02:21:39.000 more like before you spend two three four loans here 2450 02:21:39.040 --> 02:21:40.959 with the becomes go their length. 2451 02:21:41.239 --> 02:21:44.079 But initially when they confer that they don't know, can 2452 02:21:44.159 --> 02:21:44.799 differciate it. 2453 02:21:44.879 --> 02:21:46.600 From being they tend to learn from there, and you 2454 02:21:46.680 --> 02:21:48.920 know that they learn, they tend to bring more people 2455 02:21:48.959 --> 02:21:49.799 of the old. 2456 02:21:49.680 --> 02:21:51.399 People there to learn from them. 2457 02:21:51.520 --> 02:21:53.879 But when that starts up, we see them trying to 2458 02:21:54.000 --> 02:21:56.559 shield our people from into trying to learn more. 2459 02:21:56.959 --> 02:21:58.319 That's how all started happening. 2460 02:21:59.360 --> 02:22:03.680 So it's more like, okay, you have feelings Indians, kay, 2461 02:22:04.239 --> 02:22:07.159 once one of dosing, the tend to lend no exactly 2462 02:22:07.159 --> 02:22:10.200 what's going on teaching you will finding out to make 2463 02:22:10.239 --> 02:22:13.360 sure that if an Asian guy is dead, like for example, 2464 02:22:13.440 --> 02:22:15.680 you want to create we want to do this configurution. 2465 02:22:16.120 --> 02:22:18.799 They just make it in such a way a little 2466 02:22:18.799 --> 02:22:22.000 bit more impossible for a guy need to follow up 2467 02:22:23.440 --> 02:22:24.280 like you. 2468 02:22:24.319 --> 02:22:29.000 No, No, okay, interesting, I hear you. Interesting. Thanks for 2469 02:22:29.079 --> 02:22:31.159 much for the for. 2470 02:22:33.159 --> 02:22:36.920 I believe will be allowed to go down for any reason. 2471 02:22:37.120 --> 02:22:38.360 So it's some putting that. 2472 02:22:38.360 --> 02:22:42.440 All of them can sit down and work up. Just yeah, 2473 02:22:42.680 --> 02:22:46.440 the Minister of Finals has pleased a very very lengthy statements. 2474 02:22:46.559 --> 02:22:49.239 Minister of Finance. Here are still the United the crude 2475 02:22:49.239 --> 02:22:52.440 for Narra is still going on and they're also talking 2476 02:22:52.520 --> 02:22:55.360 with the Pangasen and the Dogot team. There will be 2477 02:22:55.440 --> 02:22:59.040 no issues with you with outage of few products. So 2478 02:22:59.079 --> 02:23:02.559 the feral mistry of enounces on it, the pharragment is 2479 02:23:02.639 --> 02:23:05.000 on it, so hopefully this will be resolved. If you 2480 02:23:05.200 --> 02:23:07.799 I've gotten to this. They were a bit slow in 2481 02:23:07.920 --> 02:23:09.840 my view to get to this, but they are on it. 2482 02:23:10.280 --> 02:23:14.600 It's a high powered allgation. Mister budget. The fi RS 2483 02:23:14.719 --> 02:23:19.639 chairman is also there, receives also, their NPC is there, 2484 02:23:20.319 --> 02:23:23.639 Dangote is their AFRE exit bank is also there. So 2485 02:23:23.799 --> 02:23:26.639 if very very high power that get committing with pengersen 2486 02:23:27.440 --> 02:23:30.040 to resolve the issue. So that is fantastic to know. 2487 02:23:31.120 --> 02:23:37.799 Let's get to do better, do better. Hide sir, h. 2488 02:23:39.680 --> 02:23:41.520 I'm finding a b from you can hear me? 2489 02:23:41.639 --> 02:23:44.799 I can, sir, I can, Okay, So. 2490 02:23:45.959 --> 02:23:46.799 Thank you for the space. 2491 02:23:46.840 --> 02:23:49.799 I've listened to both sides, and I've tried to understand 2492 02:23:49.840 --> 02:23:50.360 both sides. 2493 02:23:50.799 --> 02:23:52.440 I get the both sides. 2494 02:23:52.479 --> 02:23:56.479 Will they have a case for their actions and good 2495 02:23:56.520 --> 02:23:59.639 will speak against fenal stuff by your fan and those 2496 02:23:59.639 --> 02:24:02.200 against actions taken by the unions. We can talk for 2497 02:24:02.280 --> 02:24:05.200 hours and I feel like every side, like feel like 2498 02:24:05.319 --> 02:24:09.239 it makes sense. So first, there's just some misconcepts, misconceptions 2499 02:24:09.280 --> 02:24:11.840 in the conversation that I just want to first clarify 2500 02:24:11.959 --> 02:24:14.760 for me, in my experience, child. 2501 02:24:14.520 --> 02:24:16.000 Does not exist to. 2502 02:24:17.959 --> 02:24:21.120 Protect the interests and stuff HI is to protect the 2503 02:24:21.200 --> 02:24:26.680 interests of the company, whatever company, So we parentully expect 2504 02:24:27.040 --> 02:24:31.559 HR being proactive in looking after the interests of the 2505 02:24:32.280 --> 02:24:33.840 Dongte stuff. 2506 02:24:35.319 --> 02:24:36.719 For the second part is. 2507 02:24:38.360 --> 02:24:41.319 I think the speaker earlier winning I think was her 2508 02:24:41.399 --> 02:24:44.559 name was not happy with the way he runs his refinery, 2509 02:24:44.600 --> 02:24:46.159 and I get the last peaker also it is not 2510 02:24:46.239 --> 02:24:48.719 happy about that. But at the end of ready, no 2511 02:24:48.760 --> 02:24:51.200 one is supposed to work as is zero some game 2512 02:24:51.479 --> 02:24:54.360 this refinery, like you've kept on saying, it's critical to 2513 02:24:54.399 --> 02:24:57.639 the Enjurians, So as a zero game, there was some 2514 02:24:57.760 --> 02:25:00.600 game when injurians are the main consideration. This if I 2515 02:25:00.920 --> 02:25:03.840 can't stop so no one is supposed to work, you 2516 02:25:03.879 --> 02:25:06.440 can if you think he's not running his refine, me 2517 02:25:06.559 --> 02:25:10.360 the way you want it. And about staff packages both 2518 02:25:10.440 --> 02:25:13.440 local and display stuff, I think this is a common 2519 02:25:13.520 --> 02:25:16.680 thing in international businesses as well, that staff who are 2520 02:25:16.799 --> 02:25:20.600 displaced gets a separate contract from stuff who are local. 2521 02:25:21.079 --> 02:25:24.399 And this this I think is normal for at least 2522 02:25:24.440 --> 02:25:26.799 for the international companies that I've worked for. This place 2523 02:25:26.840 --> 02:25:30.680 stuff have always have a better package than than local 2524 02:25:30.760 --> 02:25:34.159 stuff for the disparity being as high as the last 2525 02:25:34.159 --> 02:25:37.840 speaker said, well, I feel I feel that that is 2526 02:25:37.920 --> 02:25:41.920 something that's Yes, it underlines the need for a union. 2527 02:25:42.239 --> 02:25:45.000 But I do know if Pengerson or an external union 2528 02:25:45.319 --> 02:25:47.680 and this this I'm asking this as a question to 2529 02:25:47.760 --> 02:25:53.120 you and to other speakers more morenledgeable in this field, 2530 02:25:53.159 --> 02:25:56.520 that our internal union the physible solution in this in 2531 02:25:56.639 --> 02:26:00.200 this thing like it could there be don't refined real 2532 02:26:00.319 --> 02:26:04.079 workers' union where staff welfare can be discussed with HR 2533 02:26:04.120 --> 02:26:05.799 will be representing the company. 2534 02:26:05.639 --> 02:26:10.200 A rightful place or is or is this also like 2535 02:26:10.360 --> 02:26:11.360 something that's that. 2536 02:26:11.520 --> 02:26:15.399 Is not possible at this time? Then the last thing? 2537 02:26:15.600 --> 02:26:17.959 Sorry, you can answer when I still say the last thing, 2538 02:26:17.959 --> 02:26:21.399 because that would be my last contribution. I believe that 2539 02:26:21.680 --> 02:26:24.920 unions should not have executive power. I don't think anybody 2540 02:26:25.120 --> 02:26:27.120 order than sin book should have the power to shot 2541 02:26:27.159 --> 02:26:29.959 over our pipe and slop of our electicity of nobody. 2542 02:26:30.360 --> 02:26:31.479 And the reason why the. 2543 02:26:31.559 --> 02:26:34.000 Executive even has that power is because there are others 2544 02:26:34.760 --> 02:26:38.159 types of government, legislative and the judiciary. 2545 02:26:37.799 --> 02:26:38.959 That can't check his power. 2546 02:26:39.280 --> 02:26:41.120 There's no way that union can wake up in the 2547 02:26:41.159 --> 02:26:44.479 morning and just see shot off the energy sector, like 2548 02:26:44.639 --> 02:26:48.479 it doesn't make sense for me. For me, honestly, I 2549 02:26:48.719 --> 02:26:50.879 read the last letter from Donte where it described it 2550 02:26:51.040 --> 02:26:53.360 as a terrorist act and that's my perception of it 2551 02:26:53.479 --> 02:26:57.200 as well. That's this is econonomic terrorism, Like how do 2552 02:26:57.200 --> 02:26:59.040 you wake up in the morning and assume the power 2553 02:26:59.120 --> 02:27:02.959 of the executive power to put so many people on 2554 02:27:03.120 --> 02:27:05.600 as such distress for employee benefits come on. 2555 02:27:06.559 --> 02:27:08.239 So that's about it for me. 2556 02:27:08.520 --> 02:27:10.920 Yeah, I think there's a lot going on that will 2557 02:27:10.959 --> 02:27:13.760 never ever know from a space or from student by 2558 02:27:13.799 --> 02:27:15.879 two parts of that world. But I think the issue 2559 02:27:15.959 --> 02:27:19.440 is this right, there were issues men that go say internally, 2560 02:27:20.159 --> 02:27:24.760 and I think the staff wanted to have a TED 2561 02:27:24.840 --> 02:27:29.399 party with quote unquote power to come on your side. Yes, 2562 02:27:29.479 --> 02:27:33.280 you can have your internal union board. If come the 2563 02:27:33.559 --> 02:27:36.200 management says no, what do you do? You remember you 2564 02:27:36.280 --> 02:27:39.079 were paid by the management, so usually you knows are 2565 02:27:39.360 --> 02:27:42.879 TED party because they should come in and act as 2566 02:27:42.920 --> 02:27:45.520 a false multiplier on the side of the of the 2567 02:27:45.639 --> 02:27:50.000 employees against the employer, which is what Pengerson was on. 2568 02:27:50.399 --> 02:27:53.079 So I don't think they were wrong in going to Pengerson. 2569 02:27:53.760 --> 02:27:57.360 I only I feel where it really broke down was 2570 02:27:57.559 --> 02:28:01.760 Pengerson adopting this militant approach to say we're going to 2571 02:28:01.959 --> 02:28:04.680 shut you down. If they don't hear us, you know, 2572 02:28:05.239 --> 02:28:08.159 they can't say they're negotiated. But once you put the objects, 2573 02:28:08.200 --> 02:28:10.559 like a doctor telling you, hey, can you take a 2574 02:28:10.639 --> 02:28:13.200 multivitam means if you don't take a multivitamins, I'll shoot 2575 02:28:13.200 --> 02:28:13.760 you with a gun. 2576 02:28:14.479 --> 02:28:14.879 What is that? 2577 02:28:15.479 --> 02:28:17.399 The multivitamins are good for you, but you're going to 2578 02:28:17.440 --> 02:28:19.760 shoot you with the gun. It's a different topic entirely. 2579 02:28:20.319 --> 02:28:23.760 So they could have negotiated with that. Everything knows that 2580 02:28:23.799 --> 02:28:27.239 they're powerful union. They like someone has said, they control pipeline, 2581 02:28:27.600 --> 02:28:30.799 they control this, they control that. So negotiate for a 2582 02:28:30.840 --> 02:28:32.840 put of strength and say, hey, this is what your 2583 02:28:32.879 --> 02:28:35.200 employees have said, can you do this for them? 2584 02:28:35.559 --> 02:28:35.959 And all that. 2585 02:28:36.120 --> 02:28:38.600 But once you go in there, look at the language 2586 02:28:38.639 --> 02:28:41.159 they're using. We're going to do this, We're going to 2587 02:28:41.239 --> 02:28:44.040 do that. Then they actually go and say, hey, shut 2588 02:28:44.079 --> 02:28:46.520 down the oil pipelines. Now what they've revealed is that 2589 02:28:46.719 --> 02:28:49.040 it is possible to shut down the oil pipeline. That's 2590 02:28:49.040 --> 02:28:52.760 what they've rebuilt out and into the open. So it's 2591 02:28:52.840 --> 02:28:54.879 just the man i as we say, the manner of 2592 02:28:55.120 --> 02:28:57.879 approach of the tanker thing that's I think is where 2593 02:28:58.520 --> 02:29:01.120 I think it has the words what's gone. They could 2594 02:29:01.159 --> 02:29:03.440 have come back and say, hey, call it to back, 2595 02:29:04.040 --> 02:29:07.159 do address the ppees address all this. No, we will 2596 02:29:07.239 --> 02:29:11.159 step back, but call them back address the issue they 2597 02:29:11.200 --> 02:29:13.959 have raised before us. We will step back, but you 2598 02:29:14.120 --> 02:29:17.520 go ahead and address what they have said they wanted 2599 02:29:17.520 --> 02:29:19.600 you to address, and we are going to leave you 2600 02:29:19.799 --> 02:29:21.520 or re find you alone for you. It's a private 2601 02:29:21.600 --> 02:29:24.959 company that they can't just simply say because we're strategic, 2602 02:29:25.840 --> 02:29:28.120 therefore we can do what we want. You can shut 2603 02:29:28.200 --> 02:29:30.760 us down. That will also be bad on their part. 2604 02:29:31.239 --> 02:29:36.200 But here that well, I think both sides have just agree. 2605 02:29:36.239 --> 02:29:39.760 He said, there's not a big there's not a big disagreement. 2606 02:29:40.360 --> 02:29:43.760 They're not talking environments pollution or it's not like a 2607 02:29:43.840 --> 02:29:47.200 goody Land issue. It's a simple issue that it can 2608 02:29:47.360 --> 02:29:50.680 sit down like they don't sit down over lunch. What 2609 02:29:50.879 --> 02:29:53.879 is the issue? How much is ppe? PPLE cannot cost 2610 02:29:53.959 --> 02:29:57.000 a million dollars to kick everybody in Dangote and every 2611 02:29:57.079 --> 02:29:59.559 Dango the company. So I would go Dangote, who just 2612 02:29:59.680 --> 02:30:02.559 send onto we put the guy here to this space 2613 02:30:02.639 --> 02:30:05.879 that does PPE in Nigeria. A guy on this space 2614 02:30:06.520 --> 02:30:09.360 walk class. Go up there and tell these guys give 2615 02:30:09.399 --> 02:30:12.559 them ten kids of PPE. That's if you can bring 2616 02:30:12.639 --> 02:30:17.280 in four thousand trucks supply every workout PPE. If you 2617 02:30:17.319 --> 02:30:20.040 go to Amazon, they have a p what's it called, 2618 02:30:20.079 --> 02:30:23.079 like a vending machine. You go to the vending machine, 2619 02:30:23.120 --> 02:30:25.719 you're plug in your information. It gives you PPE on 2620 02:30:25.879 --> 02:30:28.760 the spot. There's no issue to this, like an ATM 2621 02:30:28.879 --> 02:30:32.040 machine in your office for their staff. So when you 2622 02:30:32.159 --> 02:30:34.920 come in, you hit the machine. You want to glove 2623 02:30:35.159 --> 02:30:38.200 or you want eyeglasses, you hit the machine. It is 2624 02:30:38.360 --> 02:30:40.719 Bundy to you right there. Maybe you are here your 2625 02:30:40.920 --> 02:30:44.239 PPE at home. That's how don't give any allowed once 2626 02:30:44.479 --> 02:30:46.879 for any boy to go and say there's no how 2627 02:30:46.920 --> 02:30:50.200 can they go to white heilments. Come on man, hey, Brihanim, 2628 02:30:51.040 --> 02:30:52.239 I'm hopping around, okay for it? 2629 02:30:52.280 --> 02:31:01.440 Brian, Yeah, yeah, I'm good, yes, right yeah. 2630 02:31:01.719 --> 02:31:05.360 I think if if held on what I wanted to 2631 02:31:06.079 --> 02:31:10.600 to talk on, I think, to me, you really needs 2632 02:31:11.239 --> 02:31:15.200 a consensus. We we we have to find a way 2633 02:31:16.000 --> 02:31:18.959 for elite to agree that this is where the country 2634 02:31:19.040 --> 02:31:22.760 will go and these are no good areas because these 2635 02:31:22.799 --> 02:31:23.239 are the. 2636 02:31:23.319 --> 02:31:25.399 Things that will protect investments like this. 2637 02:31:27.520 --> 02:31:30.079 Twenty billion dollars is not a simple amount of money 2638 02:31:30.120 --> 02:31:31.559 to particular country. 2639 02:31:32.159 --> 02:31:35.719 And two years to the start of the project, we're 2640 02:31:35.760 --> 02:31:36.680 having issues like this. 2641 02:31:38.479 --> 02:31:44.000 I believe what I've seen missing in this Pegerson And finally, 2642 02:31:44.479 --> 02:31:45.959 older these are CEO. 2643 02:31:45.799 --> 02:31:46.719 Management people with. 2644 02:31:46.879 --> 02:31:47.760 Yest of experience. 2645 02:31:48.479 --> 02:31:49.360 I told her I would. 2646 02:31:49.159 --> 02:31:53.879 See emotional intelligence in play, you know, engagement happening, kind 2647 02:31:53.920 --> 02:31:56.760 of regulating themselves and you know we need to discuss 2648 02:31:57.520 --> 02:31:59.959 ABCD but we didn't fort issues. 2649 02:31:59.760 --> 02:32:00.600 Of two hours. 2650 02:32:00.639 --> 02:32:01.319 What do I see? 2651 02:32:06.399 --> 02:32:06.879 I lost you. 2652 02:32:12.319 --> 02:32:14.680 I'm growing up within the country that there are ways 2653 02:32:15.120 --> 02:32:17.719 to solve problems, not only these. 2654 02:32:17.680 --> 02:32:18.959 Fire And. 2655 02:32:20.559 --> 02:32:23.479 Lastly, I think diesel finery is a big refinery. It 2656 02:32:23.600 --> 02:32:27.399 only started two years ago. That I believe that soors 2657 02:32:27.440 --> 02:32:30.959 have standards, but we don't expect them massive refinery like 2658 02:32:31.079 --> 02:32:32.040 places within two. 2659 02:32:31.959 --> 02:32:36.200 Years to be at the level of companies that. 2660 02:32:36.319 --> 02:32:38.559 Have been in existence in that sector for. 2661 02:32:38.680 --> 02:32:40.479 Forty sixty sixty eighty years. 2662 02:32:41.040 --> 02:32:41.680 So possible. 2663 02:32:41.840 --> 02:32:43.319 So I think there should have. 2664 02:32:43.399 --> 02:32:46.399 Been some kind of I had a speaker see ten 2665 02:32:46.559 --> 02:32:49.520 years kind of protection for such investments which will have 2666 02:32:49.600 --> 02:32:53.399 a rebisdom to learn from their mistakes and also improve 2667 02:32:53.440 --> 02:32:56.319 their systems and improve their standards within that period at 2668 02:32:56.360 --> 02:32:57.360 least ten such tandars. 2669 02:32:57.399 --> 02:33:00.200 It is good to make mistakes, learn from them and 2670 02:33:00.280 --> 02:33:00.959 get improved them. 2671 02:33:01.479 --> 02:33:04.280 But all I'm saying is fire and brigade this union today, 2672 02:33:04.399 --> 02:33:05.959 this problem after tomorrow. 2673 02:33:06.879 --> 02:33:10.079 This investment really needs to be kind of a start 2674 02:33:10.200 --> 02:33:12.040 of Nigeria's development. 2675 02:33:12.239 --> 02:33:13.959 We need more people to say, Okay, if this guy 2676 02:33:14.000 --> 02:33:17.040 can do this, we can do it, and people should 2677 02:33:17.079 --> 02:33:18.000 not be afraid to do it. 2678 02:33:18.399 --> 02:33:20.440 But if we're doing fighting over. 2679 02:33:20.840 --> 02:33:24.040 Multimall things and mult small issues, who else will bring. 2680 02:33:24.360 --> 02:33:27.479 His investment to this country if we're moving like that. 2681 02:33:27.840 --> 02:33:29.639 So I think we really need to have an a 2682 02:33:29.719 --> 02:33:32.440 different approach to the way we do things and to 2683 02:33:32.520 --> 02:33:33.680 really our word process. 2684 02:33:33.799 --> 02:33:36.799 Everything is not about fight or it's our yea, you're down, 2685 02:33:36.879 --> 02:33:39.239 round down. That's not the way life is. So we 2686 02:33:39.440 --> 02:33:41.559 just have to improve the way we do things. So 2687 02:33:41.719 --> 02:33:42.440 thank you so much. 2688 02:33:43.040 --> 02:33:46.360 Appreciate your comments, sir. That was worth taking. I imagine 2689 02:33:46.360 --> 02:33:48.159 while you've got to Brian, thank you so much. I 2690 02:33:48.239 --> 02:33:54.879 have a dream work. I am a dream work. Please 2691 02:33:54.920 --> 02:33:58.280 go ahead a lot daily on Lami day, all lot 2692 02:33:58.319 --> 02:33:59.360 daily on Lammi Day. 2693 02:33:59.479 --> 02:34:03.239 I thank you. I love that. 2694 02:34:04.079 --> 02:34:05.479 I do you want to go ahead? The love that 2695 02:34:05.559 --> 02:34:10.040 can go ahead, You go ahead, sir, Okay, yes, thank 2696 02:34:10.079 --> 02:34:10.600 you very much. 2697 02:34:10.719 --> 02:34:15.799 Okay, Now, but I will say that both Dangloe and 2698 02:34:15.920 --> 02:34:19.840 they want the Panhassen and government are all at fault. 2699 02:34:20.879 --> 02:34:25.360 Yes, we've not had the peaks from everybody. Everybody. 2700 02:34:25.959 --> 02:34:29.280 This is they did not they did not fire these 2701 02:34:29.319 --> 02:34:30.799 guys because the joint gion. 2702 02:34:31.200 --> 02:34:31.959 Let's believe them. 2703 02:34:32.520 --> 02:34:36.799 Right in the communities, you will find out we see 2704 02:34:36.879 --> 02:34:42.000 the truth. Penthass is probably be fired because of. 2705 02:34:44.000 --> 02:34:46.520 The joint the union. Let's believe that we have to 2706 02:34:46.639 --> 02:34:47.840 prove right. 2707 02:34:48.000 --> 02:34:50.920 And I think that the issue is we want to 2708 02:34:50.959 --> 02:34:56.760 trust issues from Dango side. I'm from Penas because I 2709 02:34:56.879 --> 02:34:59.879 worked in travers for like six years from twenty three 2710 02:35:00.000 --> 02:35:04.120 two thousand two, as a very young boy two thousand 2711 02:35:04.120 --> 02:35:08.840 and eight. Right, we found ourselves as a contract staff. Right, 2712 02:35:10.079 --> 02:35:15.920 I was shaven several sets as contracts. Right, we send 2713 02:35:16.120 --> 02:35:17.399 a very unfortunate contract. 2714 02:35:17.799 --> 02:35:20.879 Right, the contact is. 2715 02:35:22.280 --> 02:35:23.920 Play like four hundred. 2716 02:35:25.200 --> 02:35:25.719 Well as. 2717 02:35:28.639 --> 02:35:32.120 At the end of the day, we ended hundred. 2718 02:35:31.879 --> 02:35:35.799 Two hundreds all the things we want, Right, we made 2719 02:35:35.840 --> 02:35:40.399 so much progress as individuals. Then where we joined union. 2720 02:35:41.399 --> 02:35:43.120 All your sor was that you know it's going to 2721 02:35:43.159 --> 02:35:46.399 some money in our hands. Right, the so called leaders 2722 02:35:46.799 --> 02:35:51.200 of those unions in our company spend time in legos 2723 02:35:51.360 --> 02:35:58.520 at legos when because at the months spend money and 2724 02:35:58.639 --> 02:36:00.399 all that progress. 2725 02:36:00.440 --> 02:36:03.440 So I don't trust for this. You knows what that 2726 02:36:03.520 --> 02:36:07.559 doesn't take away I needed right, everybody dropped the board 2727 02:36:07.959 --> 02:36:11.159 in the governments. And I would gu say that if 2728 02:36:12.879 --> 02:36:14.040 it was during. 2729 02:36:16.239 --> 02:36:20.959 Barri's time, this challenge is on his own necessary he 2730 02:36:21.000 --> 02:36:21.799 should be protected. 2731 02:36:21.879 --> 02:36:26.159 But yes he also should be also as well. He 2732 02:36:26.200 --> 02:36:28.479 has not done. He has not This is his first 2733 02:36:28.520 --> 02:36:32.079 attempt oil and gas. Right, so a lot of pasily 2734 02:36:32.159 --> 02:36:33.639 not know. Do you understand? 2735 02:36:33.760 --> 02:36:38.840 And if I also believe that if done, God's playing well, 2736 02:36:39.600 --> 02:36:42.920 if he had better wellfare his staff, no body will 2737 02:36:42.959 --> 02:36:44.479 want to join union. 2738 02:36:44.959 --> 02:36:47.000 If everything is going on well, people don't want to 2739 02:36:47.040 --> 02:36:53.639 join union. So what is a fair wage for someone 2740 02:36:54.520 --> 02:36:59.840 in that industry? Understand? Can't tell me that? Accuse you 2741 02:36:59.879 --> 02:37:04.000 to in that drivers out to make three times four 2742 02:37:04.120 --> 02:37:05.520 times anymore. 2743 02:37:05.159 --> 02:37:10.920 Began gas truck truck drivers as specialists three times me 2744 02:37:11.000 --> 02:37:12.760 always about to to fifty thousand. 2745 02:37:13.719 --> 02:37:16.200 I own truck years ago. 2746 02:37:16.959 --> 02:37:20.760 They listen those guys as at that time I can't 2747 02:37:20.799 --> 02:37:22.520 deep a driver. 2748 02:37:22.680 --> 02:37:25.920 I would look from our port to cany we. 2749 02:37:26.040 --> 02:37:28.719 Know is allow us three thousand, that is, allow us 2750 02:37:29.520 --> 02:37:29.799 to go. 2751 02:37:29.920 --> 02:37:32.559 To came and come back. I'm talking about two years ago. 2752 02:37:35.680 --> 02:37:38.360 If me or in the informatic. 2753 02:37:38.600 --> 02:37:40.959 Drivers in Trump drivers within as much as four. 2754 02:37:41.040 --> 02:37:42.639 Five hundred thousand, while you. 2755 02:37:43.639 --> 02:37:46.479 I said any more than that we talk about I 2756 02:37:46.479 --> 02:37:49.559 don't want I don't want to believe that in that's 2757 02:37:50.280 --> 02:37:53.319 the fascility that issue. 2758 02:37:53.760 --> 02:37:57.520 But we see that drivers and the drivers were keepd with. 2759 02:37:57.639 --> 02:37:59.520 Once we see all that, then I keep it. I 2760 02:37:59.600 --> 02:38:02.760 didn't change. So the issues, yes, we cannot shot that. 2761 02:38:04.040 --> 02:38:06.639 We cannot say because you have done this, then everything 2762 02:38:07.520 --> 02:38:08.280 he does is right. 2763 02:38:08.760 --> 02:38:11.879 So everyone needs to see down and that this issue 2764 02:38:12.000 --> 02:38:16.079 the government, this government has been so responsible. Don't don't 2765 02:38:16.079 --> 02:38:17.760 want to this guy, I know he comes out of 2766 02:38:19.000 --> 02:38:20.879 the truth is I don't see that it is. 2767 02:38:20.959 --> 02:38:23.639 Government that said about that. How can the government. 2768 02:38:23.399 --> 02:38:27.680 Official comment with that, with the products are not are 2769 02:38:27.719 --> 02:38:30.120 not got to stand that the government official and he 2770 02:38:30.159 --> 02:38:32.879 still has his job. How can he be fighting to 2771 02:38:33.079 --> 02:38:39.920 get it just to get to this point? 2772 02:38:40.120 --> 02:38:42.959 And Begger said, okay, what if that said, look he's 2773 02:38:42.959 --> 02:38:44.959 not gonna doing. What is I gont going to do? 2774 02:38:45.399 --> 02:38:48.600 It's got to shut down his reprival forms. 2775 02:38:48.639 --> 02:38:49.120 What would they do? 2776 02:38:50.040 --> 02:38:52.079 You don't You're not started at all, and you're shotting 2777 02:38:52.120 --> 02:38:54.440 me down to shot down everything you know? 2778 02:38:54.559 --> 02:38:56.360 Are you? Are you not going to? Is this is 2779 02:38:56.479 --> 02:38:59.879 your really? This is your best guard? And I don't 2780 02:39:00.000 --> 02:39:01.360 think it is necessary. I mean, the. 2781 02:39:01.440 --> 02:39:04.079 Autist are all right, they should sit down and have 2782 02:39:04.200 --> 02:39:04.760 a conversation. 2783 02:39:05.239 --> 02:39:07.399 But what I know is that there is trust. 2784 02:39:07.120 --> 02:39:12.600 Issues from all sides and the many peoples who are experienced, 2785 02:39:13.079 --> 02:39:16.440 you shouldn't be doing this at this time. If they 2786 02:39:16.479 --> 02:39:19.280 are really experts, were trained blah blah blah. 2787 02:39:19.360 --> 02:39:20.959 It shouldn't be building like. 2788 02:39:23.319 --> 02:39:23.360 You. 2789 02:39:23.680 --> 02:39:30.520 You are route. You can't be threating people like this, right? 2790 02:39:30.840 --> 02:39:33.600 Are they concerned about the only new level stuff or 2791 02:39:33.639 --> 02:39:37.040 they're concerned about on the you be part of Bengas. 2792 02:39:39.719 --> 02:39:41.479 I commonly get the sentiment. I think that there was 2793 02:39:41.520 --> 02:39:43.440 too side. I think we're coming to a good, good 2794 02:39:43.479 --> 02:39:46.000 conclusion and there are two sides today and I'm both 2795 02:39:46.239 --> 02:39:49.079 are all wrong and saying they should go and seek, 2796 02:39:49.159 --> 02:39:52.959 you know, forgiveness all day. They got a day. 2797 02:39:53.799 --> 02:39:58.040 Thank you very much, good gay. 2798 02:39:58.239 --> 02:40:01.600 So to your first you asked the question. On the 2799 02:40:01.680 --> 02:40:06.079 other time set, you asked, why are the Indians? Yes, patrially, 2800 02:40:06.319 --> 02:40:12.000 but the working at the refinery. Believe, yes, I believe 2801 02:40:12.040 --> 02:40:15.600 it's because of the influence of the Vice resident. 2802 02:40:16.040 --> 02:40:21.479 That's the Dekmar Edwin. That's just nobody. But what is there? 2803 02:40:21.760 --> 02:40:23.559 We know, we know he's India, but what they there 2804 02:40:23.600 --> 02:40:24.520 like they just can't. 2805 02:40:24.360 --> 02:40:27.920 Be there at his influence, you know, probably he needs 2806 02:40:28.319 --> 02:40:31.840 He has people at BA in India that I want 2807 02:40:31.920 --> 02:40:35.159 to hear a chance and things. I believe he influenced. 2808 02:40:35.280 --> 02:40:36.840 I believe that his only influence. 2809 02:40:37.159 --> 02:40:40.200 Okay, I got a DM. Somebody is saying that I 2810 02:40:40.280 --> 02:40:42.959 also work in Dangote, and yes, they are Indians there, 2811 02:40:43.120 --> 02:40:46.680 and he says that they will learn faster and are 2812 02:40:46.719 --> 02:40:49.200 doing the job faster. That's what this guy is sending 2813 02:40:49.239 --> 02:40:51.239 me a d M now. And I understand what you're 2814 02:40:51.280 --> 02:40:53.319 saying that because in the VP is India and he's 2815 02:40:53.360 --> 02:40:56.280 brought some people there, remember, and I just work trained 2816 02:40:56.319 --> 02:41:00.200 in India. Indians also built the refinery. The Indian Us 2817 02:41:00.200 --> 02:41:03.760 build the refinery also. We just can't say it's because 2818 02:41:03.840 --> 02:41:05.000 he wants to bring these people. 2819 02:41:05.159 --> 02:41:05.760 They built it. 2820 02:41:07.600 --> 02:41:10.920 Go ahead on there. 2821 02:41:13.239 --> 02:41:13.959 As in fact. 2822 02:41:16.360 --> 02:41:22.440 Patrick, he was saying that yeah, maybe maybe this one's 2823 02:41:22.520 --> 02:41:24.360 will go to Katar But I think the point that 2824 02:41:24.520 --> 02:41:26.760 we just can simply just say the VP is Indian, 2825 02:41:27.040 --> 02:41:30.040 so he brought Indians. Indians build the place, and you know, 2826 02:41:30.360 --> 02:41:31.920 I forget the refinery. If you want to build a 2827 02:41:31.959 --> 02:41:34.319 house and legos today? Who does your pop? Let's be honest, 2828 02:41:34.319 --> 02:41:37.239 who does your pop today? Just be honest? Who does 2829 02:41:37.280 --> 02:41:38.040 your leg? 2830 02:41:41.399 --> 02:41:41.600 Yeah? 2831 02:41:41.680 --> 02:41:45.040 Because we all have all this like, well that's we 2832 02:41:45.280 --> 02:41:48.920 we have that skill gaping nights for real, not the 2833 02:41:49.319 --> 02:41:52.079 engineers that I go to the b C, but those 2834 02:41:52.120 --> 02:41:53.319 guys I get their hands dirty. 2835 02:41:53.399 --> 02:41:56.840 We haven't looking organizers. We don't have that skill and 2836 02:41:57.680 --> 02:41:59.959 that skill level and night is lacking. We have pure 2837 02:42:00.040 --> 02:42:03.000 big guys. Real, if you want to do that, shall walk? 2838 02:42:03.239 --> 02:42:04.799 Who do you call? Do you tell me? Don't you 2839 02:42:04.840 --> 02:42:09.040 see there? So we've left that that education to life 2840 02:42:09.159 --> 02:42:11.799 follow and I think we're paying for it because why 2841 02:42:11.879 --> 02:42:14.440 would they would they import Indians if Nigeria's could do 2842 02:42:14.520 --> 02:42:17.479 the job, honestly, not honest? Do you think they really 2843 02:42:17.559 --> 02:42:20.120 invite your mask? You know, would the only import a 2844 02:42:20.280 --> 02:42:23.360 lot of Indians if the Nigerians were available to do 2845 02:42:23.479 --> 02:42:27.959 this job like they they are. I don't truck drivers. 2846 02:42:28.520 --> 02:42:31.479 They haven't imported any Indian truck driver, because then I 2847 02:42:31.559 --> 02:42:33.840 drant truck drivers, but they don't know a drunk trucks. 2848 02:42:34.000 --> 02:42:36.760 They will have important Indian truck drivers too, I think. 2849 02:42:37.639 --> 02:42:39.239 But go ahead to a major point. I don't want to. 2850 02:42:40.920 --> 02:42:43.239 So, I mean you're trying to do understand that. 2851 02:42:44.920 --> 02:42:47.440 When he started doing the final I was so si 2852 02:42:47.600 --> 02:42:50.680 appele about it because indeed a good development. 2853 02:42:51.200 --> 02:42:55.000 And imagine that they go going down. Do you know 2854 02:42:55.040 --> 02:42:57.920 what do you know what it means to to the economy. 2855 02:42:58.479 --> 02:43:01.399 Actually you said something like that, and then even achieve 2856 02:43:01.440 --> 02:43:04.600 in our one the brids, you will forget that achievement, 2857 02:43:04.639 --> 02:43:08.479 the one chillion dollars a colony. If dangled they goes down, 2858 02:43:08.920 --> 02:43:10.959 it will be will be active ato. And then he 2859 02:43:11.040 --> 02:43:15.120 said about that would have sat before that he will. 2860 02:43:15.079 --> 02:43:20.680 Like list is refinery, jurance. 2861 02:43:20.600 --> 02:43:24.239 Chest, so all this will still need dangled, like you 2862 02:43:24.799 --> 02:43:25.239 all said. 2863 02:43:25.479 --> 02:43:27.399 So another thing is that I don't want to be 2864 02:43:27.479 --> 02:43:30.840 biased about I understand what about the Indians baness and 2865 02:43:30.879 --> 02:43:31.760 then this chariness. 2866 02:43:32.120 --> 02:43:35.520 See these people are put we don't need if we 2867 02:43:35.879 --> 02:43:43.360 need development, not okay, okay, sorry, I I these people need. 2868 02:43:43.600 --> 02:43:47.879 Maybe if there's a way they can be trained professionally 2869 02:43:48.319 --> 02:43:52.120 whereby they will know how to relate to the durance 2870 02:43:53.040 --> 02:43:55.799 is I believe it's just money. Probably maybe Dangled is 2871 02:43:56.639 --> 02:44:01.680 not getting enough information or I put it or the 2872 02:44:01.799 --> 02:44:06.000 right information to help in the right decision. Okay, I 2873 02:44:06.200 --> 02:44:11.399 just believe Urias work has been a need need they 2874 02:44:11.520 --> 02:44:13.959 need they need good wealth here too. 2875 02:44:15.079 --> 02:44:17.799 Yeah, because you know, you know, if just that's I know, 2876 02:44:18.120 --> 02:44:19.920 if we can go let me use slang, you know, 2877 02:44:20.040 --> 02:44:24.520 even Ina, we have words that we call Cora. You know, Cora, 2878 02:44:25.000 --> 02:44:28.200 you know, so we know these things and so, but 2879 02:44:28.440 --> 02:44:30.680 it just I don't know. I don't want to go 2880 02:44:30.760 --> 02:44:34.719 there because it's recorded and all that. Ah, jeez, General, 2881 02:44:34.840 --> 02:44:37.319 please go ahead, General, guys, we've got a few time 2882 02:44:37.399 --> 02:44:38.920 to round up. I think we had a very very 2883 02:44:38.959 --> 02:44:41.319 spretter discussion. If you've been listening, I think you've gotten 2884 02:44:41.360 --> 02:44:43.159 the better sense of live what's going on in the 2885 02:44:43.239 --> 02:44:47.479 whole in Braglu with within that gote and the pairs 2886 02:44:47.520 --> 02:44:49.680 and the unions, there's a lot happened has happened. I 2887 02:44:49.719 --> 02:44:52.040 think with the space that tried to bring all those 2888 02:44:52.120 --> 02:44:55.040 options open, we've had a very very open space. I 2889 02:44:55.120 --> 02:44:56.799 am a own buyers, but trying to keep my bias 2890 02:44:56.879 --> 02:44:58.559 out of it and not allow the space to go 2891 02:44:58.680 --> 02:45:02.360 on all ours that say is it is strategically important 2892 02:45:02.479 --> 02:45:06.120 in sector Naguia. So with that in mind, we should 2893 02:45:06.319 --> 02:45:08.600 run and negos to show with that in. 2894 02:45:10.799 --> 02:45:14.239 Thank you very much, Calum. And it is one thing 2895 02:45:14.280 --> 02:45:19.319 I'm happy about the way going to everyone as well. 2896 02:45:20.200 --> 02:45:22.600 Sorry I didn't start that way. If there's one thing 2897 02:45:22.639 --> 02:45:25.440 I'm happy with about this space is that new Carlo 2898 02:45:25.520 --> 02:45:30.120 I beginning to take. Sorry, and this is more attack. 2899 02:45:30.360 --> 02:45:32.920 You know, I followed the conversations as I saw your 2900 02:45:33.120 --> 02:45:36.639 opinion that you expressed them. But please, I don't know, 2901 02:45:37.079 --> 02:45:40.200 you don't understand me. But the fact is that you 2902 02:45:40.280 --> 02:45:44.200 are beginning to see that this is the wider issue now. 2903 02:45:44.360 --> 02:45:47.360 When they started, because I have worked in public. 2904 02:45:47.159 --> 02:45:52.120 Sector, private sector in time junior team, and when they started. 2905 02:45:52.319 --> 02:45:54.639 I'm really said as a liberal relations issue. 2906 02:45:55.520 --> 02:46:01.280 Right, and the problems this this got deeper because trust, 2907 02:46:02.159 --> 02:46:06.000 you know, trust is the currency in itself and in 2908 02:46:06.239 --> 02:46:07.360 Nigeria there. 2909 02:46:07.399 --> 02:46:10.959 Seems to be a lack of trust among many. 2910 02:46:10.879 --> 02:46:16.920 Nigerians and industry players for Dangotism about Dangotists motives. 2911 02:46:17.760 --> 02:46:20.959 So these whole thing that the leader and the run 2912 02:46:21.000 --> 02:46:21.719 up to this whole. 2913 02:46:21.639 --> 02:46:25.799 Situation, there was the new paying issue right, because of 2914 02:46:25.879 --> 02:46:28.959 the trucks Dugard they had you know, acquired and was 2915 02:46:29.000 --> 02:46:32.079 bringing in and you know, and you would agree that 2916 02:46:32.559 --> 02:46:35.520 a lot of the Opian guys argued that Dangwade was 2917 02:46:35.559 --> 02:46:39.440 taken over another industry even though related to his refinding, 2918 02:46:39.520 --> 02:46:42.200 but he was kind of stepping into their own spece. 2919 02:46:42.719 --> 02:46:43.680 So that is one issue. 2920 02:46:44.559 --> 02:46:48.120 The other thing is that we knew capitalist captaliesn't have 2921 02:46:48.200 --> 02:46:50.440 the excessive pun checked right. 2922 02:46:51.360 --> 02:46:56.959 And I also agree that Dangote is very strategic to Nigeria. 2923 02:46:57.000 --> 02:46:58.639 In fact, like I said, I had put in one 2924 02:46:58.639 --> 02:47:00.920 of my twits, I said that Dango should be in 2925 02:47:01.120 --> 02:47:06.079 national security assets. Their finally should be national secretary. It's 2926 02:47:06.120 --> 02:47:08.639 not just the matter of national importance. It should be 2927 02:47:08.639 --> 02:47:11.520 a national security that should be surveilers, that should be 2928 02:47:11.639 --> 02:47:15.280 protection for thats for the refinery because it is very important. 2929 02:47:16.159 --> 02:47:23.280 Footler has long time economica developments. However, unions are needed. 2930 02:47:23.479 --> 02:47:28.399 To moderate capitalism in a way, and that's what they 2931 02:47:28.479 --> 02:47:29.959 all do now. 2932 02:47:30.239 --> 02:47:33.639 On the Plangerson issue, Issu if you if you're understand 2933 02:47:33.680 --> 02:47:36.479 playing Gerson the way I think from what I've seen, 2934 02:47:36.879 --> 02:47:38.000 these are senior staff. 2935 02:47:38.639 --> 02:47:41.760 Most of these guys are from the oil and gas set. 2936 02:47:41.840 --> 02:47:45.399 The winnowing manager. They are okay, resably ok right. 2937 02:47:46.719 --> 02:47:50.639 Their leaderships may have issues, but in generality, the people 2938 02:47:50.719 --> 02:47:51.079 are ok. 2939 02:47:52.520 --> 02:47:53.079 They're blocking. 2940 02:47:56.680 --> 02:48:02.760 That was excessive, that wasted. I agree that that was excessive. Right. However, 2941 02:48:03.719 --> 02:48:06.239 right you all you should also agree. 2942 02:48:05.959 --> 02:48:08.840 That sucking for eight hundred or other hundred staff and 2943 02:48:08.920 --> 02:48:11.159 one swoop was also excessive. 2944 02:48:11.239 --> 02:48:13.239 I agree, I agree two wrongs. 2945 02:48:13.319 --> 02:48:17.920 Two wrongs don't make it right. And unfortunately, you know 2946 02:48:19.440 --> 02:48:24.239 it drew first blood when he sacked those people. Well understand, 2947 02:48:24.280 --> 02:48:27.959 he drew first blow where his saccident. Now, if you 2948 02:48:28.440 --> 02:48:29.879 tie the fact that there. 2949 02:48:29.840 --> 02:48:34.959 Is distrust for Dangote being from his ancestors before the answers, 2950 02:48:35.680 --> 02:48:38.000 because the people feel his monopolice and all that, If 2951 02:48:38.040 --> 02:48:40.120 you're tied the fact that there is distrust for him, 2952 02:48:40.360 --> 02:48:41.639 you can understand why there's. 2953 02:48:41.440 --> 02:48:44.159 A reaction to what he had, what he's trying to do. 2954 02:48:45.000 --> 02:48:46.280 And I think that's what's happened. 2955 02:48:46.920 --> 02:48:50.120 So they take aways because I think when this largely 2956 02:48:50.159 --> 02:48:52.920 comes to understanding issues, take away that dang needs to 2957 02:48:53.360 --> 02:48:55.040 look back at his PRT. 2958 02:48:55.639 --> 02:48:58.360 And see he's doing a lot of work lately, and. 2959 02:48:58.440 --> 02:49:01.399 I recognize that trying to show people that, look, I'm 2960 02:49:01.440 --> 02:49:04.239 not trying to be a monopolie, because I said at 2961 02:49:04.280 --> 02:49:05.920 that time it's really frustrating for him. 2962 02:49:06.280 --> 02:49:08.760 There was the time the US governmental released the statement 2963 02:49:08.840 --> 02:49:09.799 that his business. 2964 02:49:09.559 --> 02:49:11.760 Model was Immnigard to Andreia school. 2965 02:49:11.760 --> 02:49:14.040 If I'm not mistaken, right, So I think he's really 2966 02:49:14.079 --> 02:49:15.680 a lot of work to show that he is not. 2967 02:49:15.840 --> 02:49:16.959 Trying to be a monopolie. 2968 02:49:17.360 --> 02:49:21.840 It's only afrocentric trying to you know, pioneer African developments 2969 02:49:22.000 --> 02:49:24.440 and all that, and that is very commendable. 2970 02:49:23.959 --> 02:49:26.319 And that is why we must all stand by him. 2971 02:49:26.799 --> 02:49:31.840 However, in the existing they said that a rat will 2972 02:49:31.920 --> 02:49:34.959 not go and bite the relative and eat relatives. 2973 02:49:34.959 --> 02:49:38.600 Doctors back and then the letters deliberately going to lose 2974 02:49:38.639 --> 02:49:43.200 their rat fire. So when we when people when they 2975 02:49:43.200 --> 02:49:44.399 are when there. 2976 02:49:44.319 --> 02:49:47.280 Are missteps or people feel that they are missteps, there 2977 02:49:47.399 --> 02:49:52.360 should be structures that are sailable right to call things 2978 02:49:52.559 --> 02:49:55.559 back to order to sort of you know, alwayshape the systems. 2979 02:49:55.879 --> 02:50:00.239 Now, last, let me say one then if you a 2980 02:50:00.760 --> 02:50:04.200 lot of things happen in Nigeria, a lot of the problems, 2981 02:50:04.319 --> 02:50:07.840 you see that it boths down to our need issues 2982 02:50:07.959 --> 02:50:08.680 as a country. 2983 02:50:10.280 --> 02:50:14.319 These things are permitting each and every sphere of our 2984 02:50:14.760 --> 02:50:19.399 existence our collective resistance as a country, whether in unions, 2985 02:50:20.319 --> 02:50:25.360 health care, education, whatever it is, the failings of our 2986 02:50:25.799 --> 02:50:28.200 government and everything is permitted. 2987 02:50:29.399 --> 02:50:30.280 What do we need to do. 2988 02:50:31.239 --> 02:50:36.600 We need to begin to train leadership and we need 2989 02:50:36.680 --> 02:50:39.799 to we need to begin to train people right to 2990 02:50:40.000 --> 02:50:44.239 mentor people like people like I come for instance, salute 2991 02:50:44.280 --> 02:50:46.879 to you. You have a strong platform. They're very brilliant person. 2992 02:50:47.440 --> 02:50:50.040 The idea that stell and a stellar and I follow you, 2993 02:50:50.120 --> 02:50:52.120 and I follow you because I get a lot of value. 2994 02:50:51.920 --> 02:50:52.600 From what you say. 2995 02:50:53.040 --> 02:50:56.200 Right, But to whom much is given, much is expected. 2996 02:50:56.879 --> 02:51:01.440 People follow you because they respect what you say, well. 2997 02:51:01.360 --> 02:51:06.280 What you say also ships, thinking, ships, mentality, ships, you 2998 02:51:06.360 --> 02:51:07.319 know a lot of stuff. 2999 02:51:07.680 --> 02:51:09.920 So you are in any position to also mental people 3000 02:51:10.200 --> 02:51:11.520 and you do that very well. 3001 02:51:11.680 --> 02:51:14.760 You know, you'll teach about economics and all that, irrespectable 3002 02:51:14.760 --> 02:51:17.200 of all the abuse and everything you get. 3003 02:51:17.280 --> 02:51:19.520 As a little for that. So generally, like I said 3004 02:51:19.559 --> 02:51:24.000 to conclude, we have the actually problems. Unions have leadership 3005 02:51:24.040 --> 02:51:24.719 problems as well. 3006 02:51:25.120 --> 02:51:29.600 However, training and mentoring over years, we can e adicate. 3007 02:51:29.799 --> 02:51:32.319 We can you know, all the set that of the 3008 02:51:32.360 --> 02:51:34.559 people who are given a lot missions to go out 3009 02:51:34.959 --> 02:51:37.040 and maybe we can have a better space in general. 3010 02:51:37.399 --> 02:51:40.000 Thank you, all right, we'll take you. Thank you so much. 3011 02:51:41.440 --> 02:51:43.600 Hopping here real quick. General, thank you so much. 3012 02:51:44.399 --> 02:51:46.040 All right, thank you mister Calu. 3013 02:51:47.040 --> 02:51:50.719 So, I just came into correct the impression regarding worlders 3014 02:51:51.399 --> 02:51:52.079 that you mentioned. 3015 02:51:52.239 --> 02:51:54.040 We have a lot of wilders. 3016 02:51:54.159 --> 02:52:00.000 We have lots of training program if you're training institut, 3017 02:52:00.159 --> 02:52:03.520 they have general welding programmed that they trail a lot 3018 02:52:03.559 --> 02:52:03.920 of people. 3019 02:52:04.079 --> 02:52:04.879 That is general. 3020 02:52:05.000 --> 02:52:08.360 One is Ninemons and there is all any welding fabrication 3021 02:52:08.639 --> 02:52:12.000 chen the welding of fabrication. And if you go to 3022 02:52:12.040 --> 02:52:12.719 reduce state. 3023 02:52:12.680 --> 02:52:16.040 Aquitement state they have more than four. 3024 02:52:15.920 --> 02:52:18.479 That I know, at least four that I know well 3025 02:52:18.559 --> 02:52:24.600 being fabrication training program well established, so educed it there 3026 02:52:24.760 --> 02:52:27.840 is and it's not that they are being. 3027 02:52:29.520 --> 02:52:31.559 I don't know if they after I look for Nagilance. 3028 02:52:32.440 --> 02:52:36.120 Even when they did the construction of beet chemical, NA 3029 02:52:36.159 --> 02:52:36.639 generality not. 3030 02:52:36.799 --> 02:52:39.799 Have enough stuff. But what did they picked Nagela? 3031 02:52:39.840 --> 02:52:42.159 What they expected that the white people that they brought 3032 02:52:42.280 --> 02:52:47.040 they were not even Indians. They brought people from France, Germany, America. 3033 02:52:46.600 --> 02:52:51.239 And places and they packed Nagelian and within three. 3034 02:52:51.120 --> 02:52:54.799 Months always MOSTNA generals were able to learn and be 3035 02:52:54.959 --> 02:52:56.719 expired being able to do the job. 3036 02:52:57.280 --> 02:53:00.760 I don't know why Indians are still there, because Nigeans 3037 02:53:00.799 --> 02:53:03.520 are not stupid. I've been around Nigeria. I was born 3038 02:53:03.559 --> 02:53:05.680 and raised in Nigeria, so I know Nigelans are not 3039 02:53:05.799 --> 02:53:07.760 to put. If you put langurary, you would train and 3040 02:53:07.879 --> 02:53:12.879 attapt first. And another thing is the payment nagera in work. 3041 02:53:12.879 --> 02:53:16.760 I should be paid well. Nigerian worka should be respected 3042 02:53:17.440 --> 02:53:21.639 and treated with God courtesy. And we should not say 3043 02:53:21.680 --> 02:53:25.959 because dan Coute is doing something that an MPCI destroyed, 3044 02:53:26.799 --> 02:53:28.079 that we should allow. 3045 02:53:27.920 --> 02:53:30.520 Him to tell us not really treating them well. 3046 02:53:30.600 --> 02:53:33.559 None of their industry standard international We speak about international 3047 02:53:33.680 --> 02:53:36.479 standard in many things, but when it comes to paying 3048 02:53:36.559 --> 02:53:41.200 like during international standard which international witch that at. 3049 02:53:41.159 --> 02:53:44.479 Least on the we we want to drive that to 3050 02:53:44.600 --> 02:53:47.040 the bottom part. No, Nageli must be paid well. How 3051 02:53:47.159 --> 02:53:48.799 can an engineer working. 3052 02:53:48.680 --> 02:53:52.520 All said and not be able to you know, not 3053 02:53:52.639 --> 02:53:55.639 paid according to the standard and not it's not going 3054 02:53:55.680 --> 02:53:59.239 to be able to pay a vacation even within in Africa. 3055 02:53:59.600 --> 02:54:03.479 No, which has to reflect including safety and every other thing. 3056 02:54:03.760 --> 02:54:07.399 So then mister Carlo might want to you know, you know, 3057 02:54:07.520 --> 02:54:10.280 anytime you speak on a giant issue. We have to 3058 02:54:10.360 --> 02:54:14.319 also speak on the respect for Nagerian workers, including salary 3059 02:54:14.719 --> 02:54:16.319 and the good working condition. 3060 02:54:16.600 --> 02:54:19.120 Thank you all right, PRETI, I love that. Thank you 3061 02:54:19.200 --> 02:54:21.520 so much for let's know that we have all these 3062 02:54:22.159 --> 02:54:26.559 workers around and all that okly technologies. You have the floor, sir. 3063 02:54:27.360 --> 02:54:30.000 Thank you Ramsey that clarification that you gave. 3064 02:54:34.360 --> 02:54:39.200 Thank you for handing the micro to me. So where 3065 02:54:39.600 --> 02:54:42.159 I want to address a couple of issues where I want. 3066 02:54:42.000 --> 02:54:42.600 To start this. 3067 02:54:43.639 --> 02:54:49.120 First of all, the shutting down of Dangote refinery and 3068 02:54:50.200 --> 02:54:54.639 disconnecting of stopping the floor of their gus the gas 3069 02:54:54.680 --> 02:54:59.760 to the refinery is illegal and it's not something that 3070 02:55:00.000 --> 02:55:04.319 shouldn't have happened. The reason why I said so, even 3071 02:55:04.440 --> 02:55:06.639 the PENGA sent themselves, there was no I don't see 3072 02:55:06.639 --> 02:55:09.520 it against any evidence that they followed the procedure of 3073 02:55:09.879 --> 02:55:13.600 the labor unions in terms of the rules of engagement 3074 02:55:13.760 --> 02:55:17.239 of you know, trying to call dog that attention to whatever. 3075 02:55:17.280 --> 02:55:21.600 If they want to cause attention to giving notices, you know, complaining, 3076 02:55:21.760 --> 02:55:21.959 you know. 3077 02:55:22.000 --> 02:55:24.479 There's their procedures before you get to strike. Strike is 3078 02:55:24.479 --> 02:55:25.360 always the last resort. 3079 02:55:25.399 --> 02:55:29.479 If you look at Nanjieian Medical Association as there's. 3080 02:55:29.280 --> 02:55:29.799 The way they go. 3081 02:55:29.920 --> 02:55:33.479 Conspect, they don't just company there strike. There's always a process. 3082 02:55:33.559 --> 02:55:35.559 So I didn't see that process being full of this. 3083 02:55:35.920 --> 02:55:39.559 We started hearing this whole like a week ago, a 3084 02:55:39.680 --> 02:55:42.559 week less than a week ago. And here we are 3085 02:55:42.959 --> 02:55:47.399 shut down, stop flow of gus. That's that's wrong now. Secondly, 3086 02:55:49.040 --> 02:55:51.360 or the dangledet or on the dangledere side to dangle 3087 02:55:51.399 --> 02:55:55.559 there has also we can't take some schemiscies or breaking 3088 02:55:55.600 --> 02:55:58.639 here and now to start with, we should first of 3089 02:55:58.680 --> 02:56:02.440 all with the from slack bang has done. Something mustive 3090 02:56:02.639 --> 02:56:06.239 for us right from slack now, because that all of 3091 02:56:06.360 --> 02:56:08.319 us need to access this that this is the finality 3092 02:56:08.360 --> 02:56:11.200 is less than two years. It's two years, about two 3093 02:56:11.280 --> 02:56:15.520 years in fact before he started, you know, functioning in 3094 02:56:15.639 --> 02:56:18.760 terms of refining continuously. It's less than a year and half. 3095 02:56:19.360 --> 02:56:21.639 So what we need to ask our self is that 3096 02:56:22.159 --> 02:56:26.000 is that the finery already profitable. Yes, they are asset 3097 02:56:26.040 --> 02:56:28.799 to be amortized. Some of your loans are amortized to 3098 02:56:28.879 --> 02:56:30.120 be paid over a period of time. 3099 02:56:30.159 --> 02:56:33.159 But have we tried to in the last one and 3100 02:56:33.239 --> 02:56:34.959 half years look at the books of Tang with it. 3101 02:56:35.200 --> 02:56:38.479 I don't know whether he has put his financial statement 3102 02:56:38.479 --> 02:56:41.840 in public and all of that. So because if you're 3103 02:56:42.120 --> 02:56:45.079 if you're alf of a company, you should your primary 3104 02:56:45.440 --> 02:56:48.879 objective is let my company sor see it's my complete 3105 02:56:48.920 --> 02:56:52.120 profitable this while I'm drawing is it? 3106 02:56:52.360 --> 02:56:55.719 Where is it being drawn from this company? Are they 3107 02:56:55.920 --> 02:56:57.319 in a good financial. 3108 02:56:57.040 --> 02:57:00.879 Position for me to first form continuously join my current. 3109 02:57:00.719 --> 02:57:04.000 Salary and non big demands for a higher salary. We 3110 02:57:04.159 --> 02:57:05.000 all walk if you see. 3111 02:57:06.000 --> 02:57:08.719 Let's look at the banking industry in Nigia as an example. 3112 02:57:09.239 --> 02:57:12.280 It's unbanded industry. It's an indorstede that has so much 3113 02:57:12.360 --> 02:57:15.200 strike that it be gave me a more for almost 3114 02:57:15.280 --> 02:57:18.440 every other industry. Who is talking about strike in the 3115 02:57:18.479 --> 02:57:19.440 banking industries to do or. 3116 02:57:19.440 --> 02:57:21.159 Whether you belong to you know or you don't belong 3117 02:57:21.200 --> 02:57:21.600 to you you know? 3118 02:57:21.879 --> 02:57:25.319 They're about twenty four twenty five banks in Nigeria today. 3119 02:57:26.120 --> 02:57:28.280 Who is talking about stride? It's only one bank. I 3120 02:57:28.319 --> 02:57:30.000 don't know what I should meant mentioned their name. It's 3121 02:57:30.040 --> 02:57:33.239 only one bank that I know that that that's that 3122 02:57:33.440 --> 02:57:37.120 they're saf joining union, you know, and they're allowed to 3123 02:57:37.479 --> 02:57:39.680 at the point of your employment, they will actually you 3124 02:57:39.760 --> 02:57:41.559 want to be part of union if you want to 3125 02:57:41.639 --> 02:57:43.959 say yes, it's often that they will put they will 3126 02:57:44.000 --> 02:57:46.239 sign you on and the union will be the debuty 3127 02:57:46.920 --> 02:57:47.680 every month. 3128 02:57:47.559 --> 02:57:50.680 For their for their labies or what their union fee. 3129 02:57:52.319 --> 02:57:54.239 Probably the bank it is over one hundred years, so 3130 02:57:54.559 --> 02:57:57.959 they are members of PUC. It's over one hundred year 3131 02:57:58.000 --> 02:58:01.760 plus bank about yet, so that is it so and 3132 02:58:02.479 --> 02:58:05.600 because there because that president has been there, the bank 3133 02:58:05.719 --> 02:58:07.360 could would no longer to copy. 3134 02:58:07.600 --> 02:58:08.840 So they are out with even and they can. 3135 02:58:08.920 --> 02:58:11.760 But the current new generational bank the tony lose did 3136 02:58:11.799 --> 02:58:12.600 you move yours bank? 3137 02:58:12.719 --> 02:58:12.920 Yeah? 3138 02:58:13.239 --> 02:58:16.120 Starting like you're there because as as a banker, you 3139 02:58:16.280 --> 02:58:19.639 even you are so treated well, you know, if you're. 3140 02:58:19.520 --> 02:58:21.319 Not happy with where you are, you have the next 3141 02:58:21.399 --> 02:58:21.959 band to go to. 3142 02:58:22.479 --> 02:58:25.360 It starts sending us around before you know you starts 3143 02:58:25.360 --> 02:58:27.840 your interview before you know you larn the land the job. 3144 02:58:28.200 --> 02:58:31.200 Now they're also a free tech that it's now directly 3145 02:58:31.600 --> 02:58:35.000 you know, putting bankers you know from the commercial banks, 3146 02:58:35.079 --> 02:58:37.799 you know, so dog they shoot. 3147 02:58:38.319 --> 02:58:39.639 Unfortunately, the the. 3148 02:58:41.600 --> 02:58:45.200 The referral industry which is downstream, has regulator. So it's 3149 02:58:45.239 --> 02:58:47.159 for the revelator to see how they nunderstand that that 3150 02:58:47.280 --> 02:58:50.239 is the industry bring more finalities on board so that 3151 02:58:50.319 --> 02:58:53.159 there will be, they will become from some sort of competition, 3152 02:58:53.440 --> 02:58:56.920 not just for the defining business, but for evil for employees. 3153 02:58:57.479 --> 02:58:59.479 If I know that bangle taste not doing the world, 3154 02:58:59.479 --> 02:59:00.799 I'll go to who are finite? 3155 02:59:01.000 --> 02:59:01.479 Our go to? 3156 02:59:01.920 --> 02:59:04.440 What has me? Our? Go to? Our? Go to who 3157 02:59:04.879 --> 02:59:05.040 you know? 3158 02:59:05.120 --> 02:59:07.760 There are places so and that is what creates growth 3159 02:59:08.280 --> 02:59:09.440 and depends. 3160 02:59:09.680 --> 02:59:12.639 You know, employee benefits in an industry. 3161 02:59:13.479 --> 02:59:16.920 Right, So let's for me, let's cut down with this 3162 02:59:17.040 --> 02:59:19.879 from slack. Let's ask about how well is he doing 3163 02:59:20.280 --> 02:59:22.200 the salaries that we are good We are demanding him 3164 02:59:22.200 --> 02:59:24.799 to pay and he pays or does he need to borrow. 3165 02:59:24.639 --> 02:59:26.200 Money or go and deep money? 3166 02:59:26.280 --> 02:59:30.399 Depends in these cements his men business to sustain very finite. 3167 02:59:31.120 --> 02:59:32.879 If you're working for a company, you need to be 3168 02:59:32.879 --> 02:59:34.639 You need to also be compassionate. You need to make 3169 02:59:34.680 --> 02:59:36.959 sure that we pray for that company to succeed so 3170 02:59:37.079 --> 02:59:38.840 that some of the demands that you are making can 3171 02:59:38.920 --> 02:59:41.399 be tradied and not just to sit down and. 3172 02:59:41.440 --> 02:59:42.840 Be making a national demands. 3173 02:59:43.079 --> 02:59:45.360 You don't care whether you don't care whether your company 3174 02:59:45.440 --> 02:59:47.840 is profitable or not. All you want is just to 3175 02:59:47.959 --> 02:59:51.399 draw the salary. So the point I'm making is less 3176 02:59:51.799 --> 02:59:53.879 languages from slack also has a job