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Nairaland Forum / Nairaland / General / Business / Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? (13978 Views)
Regional Economic Blocs, International Organizations And The Business community / Dangote To Own 50,000 Cows, Produce 500m Litres Of Milk By 2019- The Cable / CBN Signals End To Official Rate Regime For Naira (2) (3) (4)
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by comodo: 8:57am On Jan 13 |
Wake me up when they give Dangote repayment plan. If not, can we stop these distractions. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by SmartyPants(m): 9:00am On Jan 13 |
CEOKmotors: He has competitors in every field. There is nothing Dangote does that BUA wont follow. That's his main competitor, plus loads of smaller ones. There is no field where Dangote enjoys an absolute monopoly. Secondly, Dangote certainly has tried for Nigeria because he could easily have gone the easy route by being an importer but the man manufactures everything he is into locally. Do you mean you don't know the impact this has on the economy?? 1 Like 1 Share |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by boxypane(m): 9:08am On Jan 13 |
Obidients are quiet ... |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by DARLINGTON869(m): 9:18am On Jan 13 |
E |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by LandMann: 9:18am On Jan 13 |
jaxxy: It's like you're cursed. How can you defend dangote and the monopolistic and nepotistic favours he enjoys? How has the monopoly and nepotism enjoyed by dangote benefitted the masses and brought development to Nigeria? Cement is a classic example. Dangote used his monopoly and nepotism to wipe out competition to the point were Nigerians now pay over 6k for a bag of cement that shouldn't sell for more than 3k. Dangote ensured the likes of Ibeto Cement never grow his business through backdoor dirty court cases. And he's been doing it to other competitors. Who suffers in all this? The masses. So let me ask you again, are you cursed? |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by Konquest: 9:18am On Jan 13 |
aminulive:A total of 51 companies were told to submit their FX transaction records to the EFCC. Like Dangote Group correctly stated in a press release this week, this doesn't mean Dangote is guilty of any crime. It's just an investigation and no crime has been committed yet. Enough of the annoying media trials and unfounded criticisms by impressionable people here. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by Konquest: 9:21am On Jan 13 |
SmartyPants:Very well said. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by Kukutente23: 9:39am On Jan 13 |
beerfraud:Stop licking ass Comments like this are shameful 1 Like |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by ColonelMichael: 9:42am On Jan 13 |
SoNature: Buhari that tinubu brought and dedicated for Nigeria? Our USD, so Nigeria use USD and not naira again? Nigerians are hypocrites and cowards. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by IjebuWarrior: 9:42am On Jan 13 |
ProudNigerian01: You're indeed a novice and an Ignoramus! |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by Alajiki(m): 9:43am On Jan 13 |
zombieHUNTER: Not only Plateau or Benue, there are several villages you will go to in Nigeria where you dare not speak positively of the president. But, the destruction did not just happen in this dispensation. To assuage the yearnings of the people of Kaduna, Plateau and Benue, he appointed one of their sons as Chief of Defence, that was strategic. The problem of Nigeria is not about the person but the system. As you drag the president on insecurity in Plateau and Benue, you must also drag the current chief of defence staff (times 2). The bad economy, the insecurity and the corruption have been around with us for quite a while and we can only blame this president if he had not made any attempt to address it. There is a clear difference between policy formulation and implementation. 1 Like |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by deenee: 9:48am On Jan 13 |
skj1377: Oga rest! |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by ColonelMichael: 9:48am On Jan 13 |
austinvsb: Okay, in summary, this is a scenario of senator tinubu fighting corruption in Nigeria? |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by SoNature(m): 9:50am On Jan 13 |
ColonelMichael: This forum has a lot of ignoramuses... 1 Like |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by nairamaniac: 9:51am On Jan 13 |
ekelebeXstunner:They are telling you about how someone is catching thieves that are stealing you wealth from you, you are loosing interest. I'm sure you would go back to sleep when armed robbers come to your house to rob, cos the robbery is taking tooo long in your presence. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by tetralogyfallot(m): 9:52am On Jan 13 |
skj1377:how is he wicked sir? |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by ColonelMichael: 9:56am On Jan 13 |
Alajiki:🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕🖕 How come una dey drag Emefiele without dragging Buhari? eeeeeh! Talk is cheap. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by deenee: 9:57am On Jan 13 |
LandMann: I pray God heal you from your bias. How is Dangote a monopoly?Do you even know what a monopoly is? In the pasta business there are over 15-20 variants of pasta in the market producing locally. This is even exclusive of the imported pasta. In cement, there is BUA,Lafarge, Ibeto etc In the sugar and salt there are over 10 manufacturers excluding the imported ones. To say he has monopoly is like comparing him to Nepa and Nitel and Nipost of those days that were the only providers of service in their space. How has Dangote stopped Ibeto? Do he stop Ibeto from building Cement factory. Ibeto choose the easy model of importing which will make quick revenue but unsustainable in the long run a d subject to a plethora of externalities that even him Ibeto can't control e g FX availability or scarcity of it. Price competition is a very common strategy hence one manufacturers or seller can decide to reduce price on a product to gain market share and volumes. Try and desist from your hatred for him The man is the largest employer of Labour in Nigeria outside of govt. How do you know that cement shouldn't cost more than 3k. Which production and pricing model do you have to verify and authenticate this. Please share let's see. You people just sit and try anyhow His refinery started work yesterday. Choke on this 1 Like |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by slowice(m): 9:58am On Jan 13 |
And what is the outcome of all the noise? That someone will shamelessly come with this sort of reasoning is even more worrisome. Very easy to deceive Nigerians as they are always looking for strong men as leaders. How about strengthening our institutions to do their job? Is the efcc suppose to need presidential approvals to go after corrupt individuals? That in itself is corruption of the office of the president. How about plugging those leakages so that no one can use their office to manipulate and steal from the public? This simply mean that they did all that for show... Its all acting with no substance |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by ColonelMichael: 9:58am On Jan 13 |
SoNature:Keep running around like testicles in scrotal sac, you know the truth but being honest is the issue. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by jaxxy(m): 10:01am On Jan 13 |
LandMann: u better keep quiet. Who doesn't know all this ur rants are because of bigotry and jealously. Do u think k its everybody given monopoly that succeeds? . what is the nepotism here? His uncle did it they all started from the bottom from farm produce when none of these was popular or thought to be lucrative then once u here he's the rich man u shout monopoly. Go to ur region and see people with diffent forms of monopoly and asked if u too are cursed. The fact u have monopoly does mean u will succeed u must do alot of work, build relationships and play politics. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by Alajiki(m): 10:07am On Jan 13 |
ColonelMichael: You're only corroborating my position. Drag the Chief of Defence Staff and other security chiefs for non performance as we are dragging Emefiele, the thief, today for raping Nigeria. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by LandMann: 10:15am On Jan 13 |
deenee: I can now confirm that you are truly cursed. For your information, Dangote also imports cements and then rebrands it to his company name. He's able to do this because of nepotism. He is the single largest producer in Nigeria that can walk into CBN and get forex at subsidised rate. Meanwhile, when last were you able to buy items in USD with your own naira card? You can't because the likes of Dangote need it to get undue advantage over others while remaining the richest man in the poverty capital of the world. How many of your family members are working in Dangote? Why should Dangote be the largest employer of labour in Nigeria? Is it a good thing Mr Mumu Man? If Dangote folds up today meaning millions of Nigerians will become jobless right? Are you prepared for the insecurity and instability that will follow? There's a reason why developed countries like USA have very strong antitrust laws. But fools like you in Nigeria are in abundance to defend a monopolist who has been feeding fat on Nigeria's common wealth to remain rich while 90% of the people live in abject poverty. I pray the day Nigeria's current system of government will be wiped off and the country restructured so that you people will have your own country and allow others with sense have their own country. Dangote will be the first company to be unbundled and sold to many will and capable interests to allow for fair play. Nigeria is not Dangote's property 1 Like |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by ColonelMichael: 10:16am On Jan 13 |
Alajiki: Tinubu brought Buhari, Buhari brought Emefiele; why drag only Emefiele and leave those he reported to before making any decision? |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by skj1377(m): 10:25am On Jan 13 |
I know two people he shutdown their business. One imported a ship load of unpackaged parboiled rice , he made sure the ship was sized while his worfrats sabotage the rice with sea water, another is a Hausa cement marchant , he made sure he lost his capital and assets due to unpaid loans. Am sure you've heard what he did to BUA cement at the early stages . Hope you know he was behind Ibeto cement travails! tetralogyfallot: |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by slimfit1(m): 10:36am On Jan 13 |
SoNature: We will take it over if anything happens. If he dies will Nigeria die no. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by gabbytabby: 10:42am On Jan 13 |
Which raid liars and enemies of Nigeria aminulive: |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by Enemyofpeace: 10:42am On Jan 13 |
ChangedMan1999:you're not a women. We only help women here on nairaland. Prettygirl200 abi I lie? |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by ChangedMan1999(m): 10:48am On Jan 13 |
Enemyofpeace: I know. I won't open a female account to seek assistance of airtime. Please if you can help me I will so much appreciate it |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by VeeVeeMyLuv(m): 10:55am On Jan 13 |
austinvsb:Inflation is still 28% and climbing Yet wages remain stagnant Maybe you are one of the few untouchables that used to routinely habitually pack money 💰 from our national treasury in a barbaric manner for your personal use. |
Re: Dangote Raid: Is This An End To "Sacred Cows" In The Business Community? by Alajiki(m): 11:15am On Jan 13 |
ColonelMichael: You can as well drag the voters who voted Buhari! Emefiele is the one in the eye of the storm, let him prove his innocence. Let him prove that all the allegations are false. I was in the banking industry in Nigeria for 17 years. I know what round-tripping is and how it's perpetrated. Emefiele has a lot to answer for. |
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