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2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars - Business (3) - Nairaland

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Forbes Rating: Dangote Richer Than Donald Trump, Abramovich & Oprah Put Together / Ibadan Firm Exported Nine Billion Dollars Industrial Starch. / Meet Aliko Dangote's Daughter, Halima (2) (3) (4)

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Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 2:03pm On Mar 10, 2011
guys pls leave fstranger alone. don't blame him  rather his parents who PHOCKED on saturday aternoon and brought him into this world
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by fstranger3(m): 2:06pm On Mar 10, 2011
Chuks84:

@fstranger
You are a bloody fool, if you want to make comments, post something constructive instead of insulting one's tribe. You sound as if you were raised by gorrillas, its a wonder how you managed to get access to the internet.


Thanks to Mike Adenuga, my brother from Ogun state who invested $1 billion on a submarine cable connecting Nigeria to the rest of the world.


Did I answer your question?  


Did I mention he is #597 on Forbes' richest list and that he is Yoruba, not Igbo, not Ibibio, no Eebo, not Heebo, not Arochukwu. Yoruba 100%.  Now, go get me some cappuccino from Emeka in Alaba, make sure it isnt adulterated Ok?
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by fstranger3(m): 2:08pm On Mar 10, 2011
lucenzo:

guys pls leave fstranger alone. don't blame him  rather his parents who PHOCKED on saturday aternoon and brought him into this world


Night school baby

Adenuga will pay for it, dont worry about tuition okay! grin
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 2:17pm On Mar 10, 2011
ROTFLMSGBO hahahahahahahahahahahahahah @ Proud_igbo and lucenzo, you guys are mean,Lmao
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 2:24pm On Mar 10, 2011
Dangote himself has said that his big break came when he transformed himself from a trader into a manufacturer. That should be a lesson to Nigerians that only know how to buy and sell but not produce anything. They will complain of infrastructure but all the manufacturing in Nigeria is done by the Indians, Lebanese, Chinese and Western Multinationals and yet we sit and watch them thrive and despoil us in our land.

Dangote took the bull by the Horns and started producing and is even exporting all his goods and all we do is HATE!! Go figure.
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by fstranger3(m): 2:27pm On Mar 10, 2011
^^^

DOnt mind those nincompoops!


They talk as if buying and selling is all that there is to business
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by BigPhil(m): 2:28pm On Mar 10, 2011
fstranger3:


Thanks to Mike Adenuga, my brother from Ogun state who invested $1 billion on a submarine cable connecting Nigeria to the rest of the world.


Did I answer your question?  


Did I mention he is #597 on Forbes' richest list and that he is Yoruba, not Igbo, not Ibibio, no Eebo, not Heebo, not Arochukwu. Yoruba 100%.  Now, go get me some cappuccino from Emeka in Alaba, make sure it isnt adulterated Ok?


@fstranger3,You are nothing but a demented socio-path,shameless coward,its so easy to hide behind the internet and spew rubbish.Slime drinking tick from a camel's backside.If you are half the man you claim to be,Choose the place ,day and time and I would like you to repent your rabid nonsense in front of me.
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 2:36pm On Mar 10, 2011
If only we realize that being an import dependent nation is a recipe for poverty and unemployment (due to capital flight).  Nigerians prefer to give foreigners jobs by bringing in foreign goods and services (28 Billion dollar imports in 2010) instead of producing in Naija and keep the money in the country.  The recipe for long term wealth is producing, not buying and selling. That is why Dangote has continued to grow wealthier irrespective of the government in power.

For those who don't know, Dangote is the biggest employer of labour in Nigeria after the Federal Government. Those who say he made his money thru government have to wonder why he has outlasted every government in Naija since the late seventies. What is he doing that the millions of other Nigerians are not doing. They are talkers while Dangote is a doer!! smiley


Sit there while the dude continues to invest all over Africa and grow even wealthier.
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Ikwikwikwi(m): 2:54pm On Mar 10, 2011
@fstranger3 or fruadster 4 abeg where ya papa name dey grin grin grin
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Ericology(m): 2:56pm On Mar 10, 2011
lucenzo:

@fstranger  the fact that i said something in defence of the igbos doesn't mean i am one. i am from sw OKAY .this is the kind of nigeria we are talking of.A nigeria were someone can say the truth irrespective of tribe or religion and show respect for someones  tribe and religion.i pity your parents cos they think they have child not knowing they gave birth to a he goat, a dummy dumbdumb,  a dondy, niconpoop, scalyone, agbero, nonentity, barger, born by mistake, introvert,,fool and above all a nuisance to the society and large. oops i forgot that we are in lent . angry

May ur days on earth be longer, amen,    I celebrate pple who thru their ingenuities established world class investments like Mark Zuckerberg of Facebook, Bill Gates of Microsoft and those yahoo and Google guys and NOT some group of people whose nearness to the dictators and heads of states made them sole importers and Oil well owners,
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Ikwikwikwi(m): 2:56pm On Mar 10, 2011
@ fraudster3 where is your own name for the list, Yoruba man ko fulani boy ni
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by txh(m): 3:00pm On Mar 10, 2011
WOOOOOOOOOOwwwwww! shocked
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by bechex(m): 3:04pm On Mar 10, 2011
I am inspired by his achievements,
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by MMM2(m): 3:16pm On Mar 10, 2011
dangote is money
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by chino11(m): 3:18pm On Mar 10, 2011
If somebody is saying that dangote and adenuga are from sw and north respectively, the question should be, what is the poverty rate in their respect states of origin? How has their wealth contributed in improving the economic lives of their respective states of origin. We know how they both stole Nigeria blind during Obj tenure thru petroleun importation. We knew how Ibeto of Nnewi was sidelined and blocked by Obj to give dangote monopoly in cement importation. In ogun and kano states where dangote and adenuga come from has what is called abnormal curve in terms of economic growth, meaning that very few people are rich while too many people are very poor, infact below poverty line. Take Anambra state for instance, its one state in Nigeria with the lowest poverty rate in Nigeria, none of them without federal govt monopoly. Innoson, coscharis, Emzor, Juhel Pharm, May & Baker, Capital oil, Nestoil and so many of them, the list is long. All the above mentioned are people who made money without govt connection. That is the real wealth and not the likes of dangote and adenuga who got govt inflated and dubious contracts and bank over-draft to become richmen.
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by bisiaet: 3:21pm On Mar 10, 2011
Adenuga is 597 with a net worth of 2 billa
How come there is no Ibo on that list

I guess, like Nigeria, Forbes is discriminating against Ndigbo.
I think the Nigerian consulate in NY should protest. Where is Dora Akunyili when we really need her

We must not stand for this injustice


Hmmmm pls kindly grow up everything in life is not all about tribal sentiment pls biko.

They did not say an Hausa man is the richest man in Africa they said Dangote is the richest and he was not refer to as Hausa or Northerner they said a NIGERIA do you understand now so if Adenuga name was mentioned by anybody that does not raise tribal sentiment brother oh biko.
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Fulanee: 3:23pm On Mar 10, 2011
For being smarter and more astute than all the Igbo businessman,woman, child, grandfather combined, dead or alive.
I still dey laugh o, my bele o. cheesy cheesy grin cheesy cheesy
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Antiscam1: 3:35pm On Mar 10, 2011
haba,why does some people have to criticize Dangote for writing Nigeria's name in GOLD on a global scale?Well,we know their types!
They are people whose father was busy criticizing when Dangote's uncle, DANTATA was making money
They are d people whose child will also be complaining when dangote's son will be making money
And the cycle continues like that!
What a WASTED GENERATION of critics!
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 3:38pm On Mar 10, 2011
Princek12:

You are a raccoon. Why do you have to resort to personal attacks? Because you cannot coherently raise a reasoned response to an assertion. You were the one who brought in  tribalism in the argument by suggesting Dangote is smarter than the Ibo people. I just made a general statement about how the lack of antitrust laws and nepotism has made him monopolize the markets he controls, a valid argument. You are a big fool.
Why are you responding to people like him.Just ignore him please.I avoid reading anything from people like him and Naijaman post here on nairaland
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by chosen04(f): 3:56pm On Mar 10, 2011
Are we talking of same Dangote that his closeness to OBJ made the latter to close down IBETO's cement factory in PH so that the former who bankrolled his 1st and 2nd election can have undue advantage?

Was he not given same undue advantage in Sugar, Rice etc importation?

Are we so forgetful in this part of the world?

And who will have such advantage and not be on forbes list? . . . . . . . .Even a aboki and his malu would!
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by ideylaff: 3:57pm On Mar 10, 2011
haba,why does some people have to criticize Dangote for writing Nigeria's name in GOLD on a global scale?Well,we know their types!
They are people  whose father was busy criticizing when Dangote's uncle, DANTATA was making money
They are d people whose child will also be complaining when dangote's son will be making money
And the cycle continues like that!
What a WASTED GENERATION of critics!


@ Anti-scam  was there any need for this,  to drive home your point ,

if you want to get up Dangotes bum, why not send him a tweet rather than start to talk like say na d man dey Garri u and all the whole NL

nobody yap Dangote now, they just expressed their views and you came on cursing for no reason,  Oga please,  apologiestongue
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by cescky(m): 4:03pm On Mar 10, 2011
lucenzo:

guys pls leave fstranger alone. don't blame him  rather his parents who PHOCKED on saturday aternoon and brought him into this world

grin grin  a very HOT and frustrated filled saturday=conception (fstanka)



ideylaff:



@ kalokalo , did you really post that, me I no really yap Dangote ooo. sad Do some research and not just write what is on the surface bro,

Anyone who thinks Dangote has not benefited 99.5% from monopolistic policies must be kidding or some sort.

I had my bro working @ Customs and Excise a few years back and he used to sigh, cos there was instruction 4rm the Presidency that Dangote should not pay import duty on all his business imports for a very long period of time. Abacha instructed and it went on for a long time,

This is just one of the very many Dangote has benefited from,, we also have the stock exchange saga of price irregularities at the xpexpencef Ndidi Okere bigging up your share price while she gains at the end,  We are all not Blind you know,  grin

Yes he has achieved some greatness but not without the help of the Government, Trust me on this, He his a BIG Fish no one can take on like Microsoft a few years back,

Bill Gates and Warren Buffet the Top rich guys of the world are giving back to Africa in Millions /Billion helping us to solve our very own problem Malaria,

I hope Dangote is doing his own bit,  No point gaining the world and all around you is dying,

Goodluck to him and congrats as well.

The Forbes List  though is highly influenced as well anyway, not really a White paper yard stick to measure wealth.





thank u broda, lest we all forget all his other competitors ony started a few years ago

have u all forgotten the indomie saga?
his best friend otedola saga?

any man or woman in dangotes postion(connections and in a third world nation as nigeria) that does not become a  a billionaire in dollars value , has no iq.


south africa spent about  5 billion on their world cup, and made returns

obj spent more than that on nepa and things got worse, u know why? well reasons like these are why dangotes the richest in africa, tell me hw u supply even salt  to a nation of  150 million people and u remain and ordinary miilionaire, like some one said , if his industries where he thrives were opened up, he iwill difintly not be where he is

good  and congrats to the man sha at leasts he the second higest employeer of labour after the federal goverment( though he sacks at will too  grin)
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by martinosi: 4:19pm On Mar 10, 2011
asorocker:

How come an igbo man is not on the list ?

Very good question !!!

Let's look clinically at how Nigerian billionaires are made .

Dangote ; he was an ordinary cement and rice importer until 1987 when the head of state - ibrahim Babangida banned the importation of rice in the country and after several months he allowed Dangote to import ships loads of cement .

Ever since then Dangote has been an AGIP = any govt in power ,he was so close to abacha that his younger brother died with Abachas son in a plane crash. He was part of the people who bankrolled OBJ first term, second term , the aborted third term and yaraduas term.

OBJ rewarded him and Otedola with PH refineries at give away prices.

Mike Adenuga; he is not as rich as people think he is , he is a front man for IBB and Atiku. CIL which later metamorphosed to GLo was started with some wrongly sindicated Govt fund from PTDF running into some millions of dollars , which was ordered to be deposited in. TIB ( a failed south west bank) by Atiku , later the same money was syndicated to Glo as loan by TIB, the EFCC upon hearing this looked the other way and today TIB is a failed bank.

Ever wondered why the PHCN and refineries don't work in nigeria, then you might be in for the biggest shock of your lives.
The Nigerian Billionaires bought over all the downstream petroleum companies Con oil, MRS, AP, these companies to stay afloat must import fuel in to the country and for the fuel to sell people must use generators and for people to use generators then the PHCN must not work.

Questions I have Nigerians

1 how come during OBJ's reign no serious attempt was made to put PHCN into good operation despite the fact that the Bola Ige (who died mysteriously planned as far back as 2001 to put NEPA in shape.

2 how come the refineries never worked in OBJ's tenure instead the petrol pump price increased from 70k to =N= 55

3 how come all the overnite billionaires: Dangote, Otedola,Jimoh ibrahim,Adenuga made their billions during OBJ's tenure

Is someone still reading ?


Hmmm u seem to be very near the truth of the matter,
It was true that these guys you mentioned all had their Big Break during IBB Time
Especially Dangote & Adenuga.

Dangote was given exclusive rights on importation of specific items
and Adenuga was an Agent for IBB in the "Oil-Cabal".
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by martinosi: 4:26pm On Mar 10, 2011
omo9ja1:

well I know Dangote might do some padi padi to make money, he was not a selfish millionaire that stole our money take it oversea while the poor Masses suffer, he invest most his money into Nigeria, gave people jobs and so on, if every Nigeria big thieves will emulate this patten there will be more jobs to the poor Masses

Dangote weldone!


TRUE-TALK!, IF all the guys that made money thru Big Govt Connection did this
the nation would be better off.
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 4:27pm On Mar 10, 2011
@fstranger3.

ur papa blokus!!! grin grin grin
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 4:29pm On Mar 10, 2011
@fstranger sorry for the insults. You provoked me when you brought in a tribal debate in time when we need to be one in this country.I was happy when I saw Dangote's name there because as a nigerian, I was proud of him irrespective of where i come .So let's stop this thing and call a truce
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Nobody: 5:00pm On Mar 10, 2011
chosen04:

Are we talking of same Dangote that his closeness to OBJ made the latter to close down IBETO's cement factory in PH so that the former who bankrolled his 1st and 2nd election can have undue advantage?

Was he not given same undue advantage in Sugar, Rice etc importation?

Are we so forgetful in this part of the world?

And who will have such advantage and not be on forbes list? . . . . . . . .Even a aboki and his malu would!

It WAS Lafarge and NOT Dangote that petitioned Obasanjo about Ibeto. The policy was that only importers with evidence of cement backward integration would be allowed to import and Ibeto was not moving towards manufacturing. I

It was the same policy that forced Dangote to jettison importation for local cement manufacturing. Isn't it interesting that after all the noise Ibeto made about breaking Dangote's( imaginary) monopoly in cement, we have not heard anything about him again.

Four years after Yaradua restored his license to import, Ibeto still has not invested a kobo in local cement manufacturing while all others in the industry are expanding and building new plants in compliance with the backward integration policy in cement.

Again, Ibeto is just symptomatic of Nigerian businessmen that prefer to import (buying and selling) for decades with no interest in producing anything!!
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by sley4life(m): 5:04pm On Mar 10, 2011
9ce. wish him d best
Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Milldon(m): 5:08pm On Mar 10, 2011
Every tribe in the world and nigeria in particular should be proud of the IGBO people. This is a people being been deprived of their wealth,properties e.t.c. And being left with £20 no matter how much you ve in the bank. Tel me how many hausa or yoruba man have a company/house in the east? If dangote is an igbo man with all the government connections and protection. Dont you think he'll be competing with the bill gates of the world? One love.

1 Like 1 Share

Re: 2011 Forbes Rating: Aliko Dangote Ups Wealth To 14 Billion Dollars by Blazay(m): 5:35pm On Mar 10, 2011
Has he paid all the "gbese"? grin
All these promisory note as collateral billionaires sef ehn? cheesy
Me sef na billionaire, if I fit get loan from Cecelia Ibru ke.

Mu he he he he

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