francizy:


Am a Nigerian and Lagos is in Nigeria. As a Nigerian, I can choose to be anywhere I like, at anytime. Or should I ask you why you aren't working in Obasanjo's Ota farm before you know how senseless and stewpid your question sounds?

davide470:
Little is known of Ibeto Cement and their huge import rate of cement and other goods..

.Their corporate governance structure is hard to come by

.They are not listed on the capital market and from the look of things; they won't even get on board. They dont care.

.They have never raised capital through any private placement ever, as such, they have no shareholders.

.Their directors (Executive and Non-Exec) are from one region of Nigeria.

.They could as well be dealing in cocaine and no one would know.. Just saying..

Then, have you watched Narcos..(The story of Pablo Escobar). Just saying.

davide470:
Little is known of Ibeto Cement and their huge import rate of cement and other goods..

.Their corporate governance structure is hard to come by

.They are not listed on the capital market and from the look of things; they won't even get on board. They dont care.

.They have never raised capital through any private placement ever, as such, they have no shareholders.

.Their directors (Executive and Non-Exec) are from one region of Nigeria.

.They could as well be dealing in cocaine and no one would know.. Just saying..

Then, have you watched Narcos..(The story of Pablo Escobar). Just saying.

davide470:
Little is known of Ibeto Cement and their huge import rate of cement and other goods..

.Their corporate governance structure is hard to come by

.They are not listed on the capital market and from the look of things; they won't even get on board. They dont care.

.They have never raised capital through any private placement ever, as such, they have no shareholders.

.Their directors (Executive and Non-Exec) are from one region of Nigeria.

.They could as well be dealing in cocaine and no one would know.. Just saying..

Then, have you watched Narcos..(The story of Pablo Escobar). Just saying.

ubah84:
we don't want cement from criminals they should sell it in biafroud

kettykings:
Igbos should boycott dangote products if they feel offended.
I think some people are taking this cement monopoly too far.

davide470:
Little is known of Ibeto Cement and their huge import rate of cement and other goods..

.Their corporate governance structure is hard to come by

.They are not listed on the capital market and from the look of things; they won't even get on board. They dont care.

.They have never raised capital through any private placement ever, as such, they have no shareholders.

.Their directors (Executive and Non-Exec) are from one region of Nigeria.

.They could as well be dealing in cocaine and no one would know.. Just saying..

Then, have you watched Narcos..(The story of Pablo Escobar). Just saying.

arresa:
http://newsrescue.com/cbn-bans-import-of-rice-cement-margarine-palm-products-vegetable-oils-meat-and-products-toothpicks-others/

^^^^^^^Back in July...

CBN bans importation of cement...

Yujin:
I'm yet to make a thorough research on this to confirm its authenticity but let me use the benefit of hindsight to comment. This happened under OBJ so I won't doubt Buhari doing the same thing. Anyone who is very good at observation would have noticed that there's a grand conspiracy to ensure there are no heavy money bags from the SE or SS. Check all those politicians or businessmen who have been accused of corruption and embezzlement and have been dealt with, more than 85% have been from these two regions. Then ask yourself, are they the only corrupt people or looters of government money in Nigeria? I hate corruption and looting of government money and wouldn't support anyone but when there's selective justice then I'm inclined to adjust my stance. Why are our people blind to all these happenings? Are we under a powerful spell that seems to cloud our sense of reasoning? I hate the embezzlement from our own politicians but would have preferred if the punishment was all inclusive. Alamiesiyegha, Ibori, Cecilia Ibru,(we all know how Odili escaped and now he doesn't talk again), same thing with Chimaroke Nnamani. At present they are Gej, Diezeani Alison Madueke and Dokpesi. I heard they went for the former SFG too and even are eying Ihejirika. I then ask: where's Otedola and Farouk? What about the confirmed Boko senator Aliyu Ndume? Ok what about the pension board fraud? Any further news about the former Jigawa state governor? Atiku and harliburton? I didn't even mention Obj and IBB. Ok can anyone mention just two northern Muslims that have been jailed for corruption or embezzlement over the past 16yrs? If you don't see a pattern I see one clearly. Ensure they have no bigwigs that can match our elites when it comes to finance. That's the game but yet many of our people are acting patriotism with chains over their necks. I'll further on this topic after my research.

When an ethnic financial elites keep quiet over the oppression of their kinsmen, the oppressors will come after them


Very soon Okorocha and Ohaneze will be dealt with by this government before they wake up from their hypocrisy

gbadexy:
I hope this isn't true.
I wouldn't be too surprised knowing dangote schemed against ibeto during jonathan's tenure.
Being a business person, I can relate and empathise with ibeto.

Great lie against Jonathan

Jonathan never did so

gbadexy:
I hope this isn't true.
I wouldn't be too surprised knowing dangote schemed against ibeto during jonathan's tenure.
Being a business person, I can relate and empathise with ibeto.

adeaks:



Hmmmmm. Never knew the company was that shady.

But how come the company keeps getting the necessary licenses if they aren't so clean or open. The fact that they have remained operational even through successive governments says a lot.

abouzaid:
the cbn stopped selling forex to cement importers not banning them. call evil by it's name, if this report is true then i see more millionaires and billionaires sponsoring an armed arm of massob in addition to individual contributions. ibeto suffered a stroke under obj for this same issue and every Nigerian is enjoying the present free in the prices of cement, would you like to see cement selling at #2000 again?