kalokalo:

Dangote is already investing in infrastructure in Nigeria. For example, for his cement company, he builds his own power plants, dams, pipelines, jetties, roads and is now constructing a railroad to link Obajana to the sea (Warri) so as to position his cement for exports when its capacity exceed local demand by June of 2011.

The infrastructure that he invests in gives his companies a strategic competitive advantage that his competitors cannot match. He is a man with foresight!!!!!

revomind:

Ignore fstranger please.

Thanks

I am going to ignore him as well. the guy is a nuisance!

nazzyon:

I don't dispute what others have said on this forum but it is simple, If you come out and declare your asset Forbes will check and enlist you in its magazines, And if you demand that you should be excluded the magazine has no right to include you.

Lets not over look the possibility that those who are not included may prefer to be anonymous.

OR

Do you think a drug baron would want to be in that list?

___
You have a point

NOTE: There are many wealthy people in this world who prefer to be unknown, They may be wealthier or may not be half as wealthy as Dangote.

kalokalo:

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!!

Aigbofa:

We need an ibo on the list to complete the tripod. Forbes probably doesn't know this can be a serious issue in Nigeria.
We need an Okoro on the list pleeease!

FACE:

If you don't know about someone, just keep quiet.

Ibeto is easily one of the richest men in Nigeria and he doesn't want to go public. He is a billionaire in hard currency and he is not even listed. He is into commodities, petro chemicals, real estate, auto spare parts manufacturing etc.

Follow the link below to take a little peep at his business concerns. Dangote gained advantage over him in cement business when OBJ weighed in against him in favor of Dangote.

http://www.ibeto.com/

metsey:

if not for monopoly, Dangote can never achieve such height. My fellow Nigeria just imaging if FG gives u the sole right to supply a particular product to one section of the country, u become millionaire over night. But these man have monopoly on sugar, flour and cement on 150 million people, what do u expect. I dnt know why some people will bring ethnic sentiment to these matter, Igbo man makes his money not by monopoly but by hard working, Take it or leave it

About time we celebrated true success borne out of the mind of confirmed geniuses, not some wuruwuru fake knockoffs from Alaba and Aba market. God bless Dangote from the North and Mike Adenuga from Ogun State. Very humble people. I just wish this country was made up of people from these two great groups mainly. I hate when some people arent pulling their weight in making Nigeria great. All some people do is tarnish Nigeria's image, with their Okija, yahoo, Tobechii Onwuara crappola.

Donmeca:

Do u know I've stopped reading fstranger's posts? D guy sounds so childish and eidiotic while trying so hard to showcase d wit he lacks. what's this about an Igbo man being on d list? When u can't contribute positively to a thread, y not just read? Did Seun say u'll be banned if u don't post? u are so unreasonable!!!

Amen.

@topic: so? 

Becomrichn:

that it