You sound so much like a novice in business in Nigeria.You are not smarter than people already living your dream.The population is 150m and you cannot point to any world class home grown Nigerian company .For your info the bakery business in Nigeria as been taking over by chinese.The Nigerian brakeries are outdated with No electricity and so thieven workers.

When we conducted the census in 2006 or so, the raw figures said we were over two hundred million; when they went and processed the figures it came down to 140million.

When you look at those figures and compare to those we had in 1991 at a growth rate of 2.1 or something like that, it is really just an extrapolation, because we were too embarrassed to admit our true numbers

tkb417:

^^^ not sure i know what the dude was talking about

paddy_lo:

[size=14pt]Nigerian Dangote buys into S. Africa cement firm[/size]



April 10 (Reuters) - [size=14pt]Nigeria's leading industrial conglomerate, Dangote Group, has acquired a 45 percent stake in South Africa's Sephaku Cement for 3 billion rand ($378 million) through a private placement, the two parties said on Thursday.

The cash from the strategic partnership will help finance the building of a 2.2 million tonnes per year cement plant in South Africa that is expected to start production by mid 2010, they said in a statement.[/size]

The deal is the latest move by Nigerian tycoon Aliko Dangote, Africa's most successful businessman, who controls about two-thirds of the Nigerian cement market, to expand his interests in the world's poorest continent.

Sephaku Cement is a subsidiary of Sephaku Holdings Ltd, a South African minerals exploration, development and investment company. The cement firm plans to list on the Johannesburg Stock Exchange in September after road shows to raise 1.2 billion rand.

"The partnership will provide Sephaku Cement with the necessary funding and technical expertise to expedite the construction of their new cement plant without affecting their status as a black owned and controlled cement company," the statement quoted Lelau Mohuba, the firm's chairman as saying.

[size=14pt]Dangote signed contracts worth $1.2 billion in February with China's Sinoma International to built cement plants in the Democratic Republic of Congo, Equatorial Guinea, Ethiopia, Tanzania, Senegal and Zambia.

Sinoma and Dangote also signed another contract in February worth $1.6 billion to build six cement production lines in Nigeria, the Chinese firm said in a statement on its Web site.

Dangote commissioned two cement plants last May in central Nigeria with a combined capacity of 8 million tonnes a year, after it first bought control of the Benue Cement Company BCEM.LG.

The Nigerian company's other interests include the manufacture of sugar, flour, salt and spaghetti, as well as hydrocarbons, shipping and telecommunications. The firm listed two of its subsidiaries on the Nigerian Stock Exchange last year.[/size]

http://www.reuters.com/article/idUSL1026755920080410

Dangote is already the largest cement Manufacturer on the African continent. . .If u dont know. .now u know. . need more successful home grown Nigerian businesses?

desgiezd:

The above quote is from a speech delivered by the erstwhile governor of Cross River State.

If our population is to double in the next 30 years, the figure will not be 300 million but over 400 million. T[b]he 150 million declared during the last census is just a political-well-doctored-figure. It shows that we are not ready to be truthful to ourselves,[/b] when we are ready, we will face our problems truthfully and squarely.

olas2u:

All the manufacturing and telecoms you have mentioned are powered by asians not Nigerians .Globcom is pwered by Indians.

tkb417:

and what if we are gonna grow to 300m?
it means the govt need to build more roads and get more infrastuctures on ground

tkb417:

more people = more opprotunities

tkb417:

reason why entreprenuership is thriving is cos we are populated. No matter what u sell in this country, u will eke out a living outta it
if we like, grow to 1billion. it means my product has a ready market of 1 billion people

tkb417:

multi trex?
have u heard of them?

All the manufacturing and telecoms you have mentioned are powered by asians not Nigerians .Globcom is pwered by Indians.

paddy_lo:

Nigerias UBA inow open 14 countries in Africa. . They are
Benin
Cameroon
Sierra Leone
Zambia
Guinea
Tchad
Coté d'Ivoire
Ghana
Tanzania
Burkina Faso
Kenya
Liberia
Senegal
Uganda
Gabon
http://www.ubagroup.com/web/group/genericpage/351


ARIK AIR


African Finance Corporation.
with a $1billion dollar capitalization(with plans to raise it to $10billion)

It holds a dollar balance sheet and already has members from all over west Africa. . .
and making investments in oilfields and power plants in ghana,Telecomms and other Infrastructure in Nigeria,liberia,sierra leone,cape verde and so on
http://www.africafc.org/

Apart from the politics apparently in play, some regions of the country (advertently or inadvertently) help in worsening an already bad situation. I remember some group of people encouraging their own people to boycott the census. silly, silly, silly.

Like I said, stupidity is celebrated and rewarded in Nigeria alone.

paddy_lo:

U need to go out more cause there are ppl and politicians that actively urged that the last census be boycotted in America too

U know ignorance is universal. . .I dont know how to u it became a Nigerian only thing

The opportunities has been in existence since the very begining. Nothing has stopped anyone out there from excelling all this time. Nothing!
Pretending over and over that these opportunities are NEW DISCOVERIES does not make for much of a valid argument /point

it is not population that made U.B.A ,it is government policy that change the face of banking in Nigeria.The increease in the capital base of banks allowed banks to go abroad and increase revenue.How ever in korea we have LG,Dawoo,Brazil as petro braz,Russia as gasprom,Finland as Nokia,germany as mercedes benz,France as so many brands.India as infosys,Barti etc,singapore/singapore airlines.

What about your Airline,your shipping line ,Your post office,your railway.You need this things as poulation increase

tkb417:


so if the opportunities have been there right from day 1, are you not corroborating my point?
why are the opportunities there? thats the question

tkb417:

the ready market!!!!!!!!!
thats what we are contesting. duh!
yeah, multi trex integrated foods
its a 9ja thing and is one of the biggest cocoa processors in Africa
powered by Nigerians

MaziUche0:

An increase in population could be both a blessing and a curse for a nation. I actually support an increase in the Nigerian population.

Population = Power

Countries with high populations have a huge bargaining power in this day and age. Just look at the rise of both China, India and Brazil. I am wary of depopulation as well in which Europeans like to tell developing nations to stop having children, but at the same time, they pay their citizens to have children.

I do not believe in this "Overpopulation Theory."

If population census is being boycotted in other parts of the world, I dont think we should do so. If Americans do not do a census in the next 20 years, based on the figures from their old census, they can reasonably guess what their population is and work with it but this is not possible in Nigeria because we have never had a clean, correct and un-doctored census.

tkb417:

Kobo
why do you like to post rubbish everytime?
This is what happens when you dont read but jump into someones elses post
No one has said opportunities are coming up cos population is growing

tkb417:

MY POINT:
The population of Nigeria is a blessing for entrepreneurs!!!!!!

tkb417:

and if the population grows to a billion, it means more market

tkb417:

The only side argument is if the govt will be able to match the growth with infrastrutures which i addressed in my first post
na wa o

tkb417:

thank God for those who went to school

isnt this what we have been saying

more population - ready market

Jesus, some people cannot understand simple thing - kobo case in point

olas2u:

You need food ,We cannot feed ourselves,Nigeria imports food.

olas2u:

You need food ,We cannot feed ourselves,Nigeria imports food.