edoboy74:
We all know how his several investments in Nigeria most especially his newly established Refinery how it will be of great economical boost to Nigeria economy ;though

His endless love & support from the FG will put a lot of halt to so many things that will hinder the progress of this nation. Just like the power sector failed, deceived and extort trillions from the masses via import & sales of several types of generator, the petroleum sector is doing the same putting Nigeria Refineries to bed for good in other to aid Dangote in his continuous & endless Monopoly Game

uruba23:

Please how much of your money have you bet on Nigeria economy...you keep shouting monopoly, tell me one sector where he is the only dominant player..Alhaji isn't carrying kudi to heaven...so why all this bad belle...rather let us be thankful we have someone who has the means and the intellect to transform our economy...because intellect with no means is as bad as having a means with no intellect.

edoboy74:


I don’t understand the concept of bad belle here sir, I’m proud of Dangote as a Nigerian but I want you to know something & it is a very simple analysis

Dangote is a businessman and the primary goal of a businessman is to make profit, Nigeria has 3 functionless & that is the main reason Dangote capitalise on the system. The question is, will Dangote & the FG allow the 3 refineries come back to like?

Nigerian govt and billionaire Aliko Dangote contributing to poverty – Oxfam

Nigerian billionaire Aliko Dangote is commonly seen as the acceptable face of Nigerian capitalism, with his many “investments” in the country and charity work. But Oxfam has a different view and has highlighted how Dangote contributes to entrenching poverty in his country in a briefing paper “An economy for the 99%” published today.

The report argues that the wealth of billionaires such as Dangote is rarely self-made, with at least one third of the world’s billionaires’ wealth inherited and another 43% linked to cronyism.

It also noted that once accumulated wealth develops a “momentum of its own”, it allows its owner to seek the best investment advice, dodge taxes and otherwise achieve a rate of accumulation far higher than ordinary savers can obtain.

It goes on to state in the “role of corporations in driving the inequality crisis”: “Tax revenues are critical for funding the policies and services that can fight inequality, and progressive taxes directly shrink the gap between rich and poor. Tax revenues also provide the services that the corporations benefit from, including infrastructure and healthy, educated citizens. However, tax is largely something that corporations seek to minimize. This can be achieved in two ways: through making use of accounting tricks using tax havens and loopholes in the law; or by securing preferential tax agreements and ‘holidays’ offered by various countries. It is estimated that Nigeria loses $2.9bn a year in tax revenues due to tax incentives. One tax policy, for example, states that any individual or corporate investment in publicly owned infrastructure is entitled to claim tax breaks; which last year provided a company owned by Aliko Dangote – the richest man in Africa – with a 30% tax break on a road project. This follows a long history of tax incentives offered to the cement magnate”.
https://www.naijiant.com/articles/nigerian-govt-billionaire-aliko-dangote-contributing-poverty-oxfam/

uruba23:

Please how much of your money have you bet on Nigeria economy...you keep shouting monopoly, tell me one sector where he is the only dominant player..Alhaji isn't carrying kudi to heaven...so why all this bad belle...rather let us be thankful we have someone who has the means and the intellect to transform our economy...because intellect with no means is as bad as having a means with no intellect.

slimfit1:
I tell you something if Dangote was selling cars like innoson motors, people wont be importing cars they would have blocked the borders.

Lovelive:





You said nothing.

slimfit1:
I tell you something if Dangote was selling cars like innoson motors, people wont be importing cars they would have blocked the borders.