fidalgo19:
I think this govt is clueless. They want to leave everything for dangote to produce so he can become richer than the country.

These guys don't have economic teachers as they should go ND hire one asap to teach them about how an monopolistic economy will affect us.

I like the man for his business ideas and don't blame him but fed govt want to destroy this country.

Despite they haven't been able to fulfill campaign promises and job employment they now want to use a private business to fulfill it.

freshest4live:

I wonder why others are not investing on this scale. He is not the only billionaire in Nigeria.

ajl:


I don't think these other businessmen have the same type of experience and preparations that Dangote has. Otedola, at this point, probably lacks that mentality and resources for a business of this scale and cost. An $18 Billion project is not something for a less than big player at the international level which Dangote already is, unlike the other businessmen you referred to.

freshest4live:

Now you are talking, we should be blaming Federal Government not Dangote, who merely saw an opportunity as a business man. Your comment is more reasonable.

ourema:
The government is planning to use a private owned business to fulfill their campaign promises

freshest4live:

I wonder why others are not investing on this scale. He is not the only billionaire in Nigeria.

Willie2015:


Dangote is an economic terrorist, thats just the plain thruth.

Let the FG give half of the support given to Dangote to other businesses, you will see the glaring change. I leave you with the summary of Wikileaks on Dangote.

1. (C) Summary. Alhaji Aliko Dangote (Dangote) is Nigeria’s most well known
businessperson and may be its wealthiest citizen. He has taken on
the aura of an economic folk hero for some, villain for others.
To supporters, he symbolizes that Nigeria can do more than barter and
trade. It can succeed in manufacturing. To detractors, he is
a predator using connections in a corrupt political economy to tilt
the playing field in his favor and sideline potential competition.
The truth resides somewhere between these caricatures.
Dangote is counted among President Obasanjo’s inner circle of business
advisors. It is no coincidence that many products on Nigeria’s import
ban lists are items in which Dangote has major interests.

¶2. (C) Summary Cont’d: Although an undiluted success in terms of wealth accumulation,
Dangote personifies the duality in Nigeria’s economy. This duality
presents a dilemma for US economic policy. On one hand, Dangote imports
significant amounts of US produce and equipment for his manufacturing
ventures. On the other, he has had success blocking trade and investment
that might compete with his enterprises. Weighing everything in
the balance, we believe the Dangote model is harmful to Nigerian and
American interests in the long run. Unfortunately, the Dangote model
will likely be the one most emulated until its beggar-thy-countrymen
contradictions become more apparent. End summary.

iamchybs:


Yes bro. Blaming Dangote for trying to improve the economy and also make good money from it, is a way of proving the cluelessness of many Nigerians

Willie2015:


Pls read how Obasanjo regime signed unserious concessions for Dangote for 7 years...that single act nearly extinguished all major competitors in the Cement sector.

No one can do that in a sane environment!!!!!

freshest4live:

Still thesame old story, is Dangote the only top business man favoured by the Government? This is a welcome project, so should we fold our hands and see that nothing is done simply for the fear of monopoly?

Willie2015:


Let the FG gives every biz in Nigeria a level playing field....

fidalgo19:
I think this govt is clueless. They want to leave everything for dangote to produce so he can become richer than the country.

These guys don't have economic teachers as they should go ND hire one asap to teach them about how an monopolistic economy will affect us.

I like the man for his business ideas and don't blame him but fed govt want to destroy this country.

Despite they haven't been able to fulfill campaign promises and job employment they now want to use a private business to fulfill it.

hobermener:
Dangote and his ilks are just fronts for the old order (the wealthy military junta), considering the kind of concessions they enjoy.
The way this project is being heralded and anticipated by the present government gives one the feeling that the economic hope of africa's most populous nation hinges solely on this refinery. Nigerians wake up!!! Dangote refinery wont solve our myriad of problems!!!

Willie2015:


The Federal Government has indicated that it relies heavily on the Dangote refinery to fulfil its promise to Nigerians.

When the hope of the FG and the entire 180 million Nigerians rest in the hands of a single individual, Dangote. All of us will soon become Dangote slaves since FG cant think beyond their dick that this is a monopoly!

Once he coughs in cement, sugar, flour, salt, pasta, beverages sector, all Nigerians coughs. They should just simply donate the country to Dangote as a gift.


YOU ARE EXTREMELY RIGHT MY BROTHER.

miltonchux:
When you have the support of government, you enjoy the monopoly in the different sector of the economy.

Willie2015:


Let the FG gives every biz in Nigeria a level playing field....

Willie2015:


Pls read how Obasanjo regime signed unserious concessions for Dangote for 7 years...that single act nearly extinguished all major competitors in the Cement sector.

No one can do that in a sane environment!!!!!

Willie2015:


Pls read how Obasanjo regime signed unserious concessions for Dangote for 7 years...that single act nearly extinguished all major competitors in the Cement sector.

No one can do that in a sane environment!!!!!

obailala:
A functional and efficient refinery of that magnetude would solve a myriad of Nigeria's economic woes.

Willie2015:


How much is the price of cement as at today ? You need to tell me how cement in Nigeria still defies the law of demand and supply...

And you think Dangote is interested in solving Nigeria economic woes ?

bigpicture001:
..if you want to read more about the complete economic gains of that refinery to nigeria...a well detailed analysis..simply type on your Google: how dangote will rescue nigeria + nairaland

Willie2015:


We like too much theories in Nigeria, we will start complaining when the reality sets in. The US Wiki leak gives a simple summary,

Unfortunately, the Dangote model will likely be the one most emulated until its beggar-thy-countrymen contradictions become more apparent.

hobermener:
Dangote and his ilks are just fronts for the old order (the wealthy military junta), considering the kind of concessions they enjoy.
The way this project is being heralded and anticipated by the present government gives one the feeling that the economic hope of africa's most populous nation hinges solely on this refinery. Nigerians wake up!!! Dangote refinery wont solve our myriad of problems!!!

EponOjuku:
Nigerians are in for a long thing.

How much was a bag of cement before Dangote monopolized the cement sector? How much is it now?

How much was sugar before he monopolized the sugar market? How much is it now?

Wait till Dangote enjoys his monopoly on the electricity generation to Lagos, petrol to Nigeria and more. That's when Nigeria would start paying attention to something called 'Competition Law'.

miltonchux:
When you have the support of government, you enjoy the monopoly in the different sector of the economy.

ourema:
The government is planning to use a private owned business to fulfill their campaign promises

malcom2x:
Just one man changing the country fortune. What different government could not achieve in several years to come with their wasteful spending and bigotry contacts. Just imagine what 5 of achievements like this kind would do to the nation well being. In my opinion government position should be made less attractive.

Willie2015:


How much is the price of cement as at today ? You need to tell me how cement in Nigeria still defies the law of demand and supply...

And you think Dangote is interested in solving Nigeria economic woes ?