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Nairaland Forum / Nairaland / General / Dangote Distributors Are Going Bankrupt (596 Views)
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Dangote Distributors Are Going Bankrupt by Omam4life: 8:05am On Dec 11, 2015 |
2015 has not been so good for dangote distributors. The company policies that changes over a short period of time without notice and conscious protection to the investment of the distributors has constantly made the distributors to be loosing their investment. Most of these investments are facilities from banks. Some bank personals are losing their jobs because money given out no longer comes in. A distributor will wake up and just discover that he has lost millions of naira because of reduction in price that was not in any way communicated. From studies made is like the dangote cement is for a selected few. The policies are made to favor these "anointed few" while the small distributors are not in anyway considered. Imagin where a target is set just to favor these anointed few. Only in dangote cement will u discover that small distributor are not wanted. Let's look into this properly, u produce, u transport, u even retails. Yet u have distributors. At times the price he sells to retailers are cheaper than what he sell to distributor. |
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