Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion - Business (2)

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Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion (24586 Views)

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Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Flashh: 5:55pm On Aug 31, 2016

I don't believe this.

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by atirolu(m): 5:56pm On Aug 31, 2016

Buhari regime affected the price of ABC

Aliko Dangote

Bread

cement

Help me add DEF.......

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by WebSurfer(m): 5:57pm On Aug 31, 2016

GossipHeart:
I pray that this hardship gets worse.

I want everybody to feel the heat so that in the next election you go have enough sense to rebuke any presidential candidate from the northern part of Nigeria

Oga you are just deceiving yourself with that post..

Turns only changed, some certain names of new billionaires will soon be out.. So watch out

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by TopOne1: 5:57pm On Aug 31, 2016

Wind of Change is really blowing sha. Nonsense government.

1 Like 1 Share

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by adegeye38(m): 5:58pm On Aug 31, 2016

sinistermind:
Uhmm... when Jona said producing African richest man was one of his Achievements thanks to his policies people called him dull, and the same man has lost 35% of his net worth already due to bad policies. Then I guess it is an achievement after all.

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by stronggman: 5:59pm On Aug 31, 2016

Good for him

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by IVORY2009(m): 5:59pm On Aug 31, 2016

sinistermind:

And what's the competition

other manifactuers are now allowed into the market, on like on Dangote salt, Dangote spagatti, Dangote sugar all over the market, all others were ban, or discuraged with high duty cost, and he was even granted tax holiday too, on like smaller coys.

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sekundosekundo: 5:59pm On Aug 31, 2016

IVORY2009:
The truth of the matter is that Alhaji Dangote has always been over rated, the monopoly he enjoys during the last govt of Jona is no longer so any longer, there is competition now in the market, free entry and exit.

Pls stop reasoning like a spoon fed child.

7 Likes

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Atheistan: 6:00pm On Aug 31, 2016

enough hardship to go around..

2 Likes

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by BABANGBALI: 6:02pm On Aug 31, 2016

The man no dey nack head well well for ground if him dey pray to Allah that black spot wey dey always dey for dem head wey be fanatics no dey him own.

3 Likes

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Deepfreezer(m): 6:02pm On Aug 31, 2016

This is just the beginning.

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by IVORY2009(m): 6:02pm On Aug 31, 2016

sekundosekundo:

Pls stop reasoning like a spoon fed child.

put on ur thinking cap and re-read my statement, I speak the truth!

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by emerged01(m): 6:03pm On Aug 31, 2016

GossipHeart:
I pray that this hardship gets worse.

I want everybody to feel the heat so that in the next election you go have enough sense to rebuke any presidential candidate from the northern part of Nigeria

You don't know what you are praying for. When you lose your job or your business crumble,when you can't pay your children'school fee,when you can't feed them or cloth them,when you can't even pay your utility bills you will pray it gets better even if na your enemy be president.

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Emassive(m): 6:03pm On Aug 31, 2016

Naija We Hail Thee!!!
Bubu is always on point when it comes to the Nation's economy. Good Father, Bad President as always like 198s

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by mmsen: 6:04pm On Aug 31, 2016

Sai Buhari...

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by GossipHeart(m): 6:04pm On Aug 31, 2016

emerged01:

You don't know what you are praying for. When you lose your job or your business crumble,when you can't pay your children'school fee,when you can't feed them or cloth them,when you can't even pay your utility bills you will pray it gets better even if na your enemy be president.

What of the people that lives abroad ?? Will it also affect them ??

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Lawalemi(m): 6:04pm On Aug 31, 2016

We told them but they were blind

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by AntiWailer: 6:05pm On Aug 31, 2016

GossipHeart:
I pray that this hardship gets worse.

I want everybody to feel the heat so that in the next election you go have enough sense to rebuke any presidential candidate from the northern part of Nigeria

Pray it gets worse, na u go suffer am.

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by mployer(m): 6:05pm On Aug 31, 2016

IVORY2009:

put on ur thinking cap and re-read my statement, I speak the truth!

You are dumb bro. Mention the new manufacturers That entered the market.

5 Likes

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by GossipHeart(m): 6:05pm On Aug 31, 2016

AntiWailer:

Pray it gets worse, na u go suffer am.

Lol, you're wrong

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by IVORY2009(m): 6:06pm On Aug 31, 2016

mployer:

You are dumb bro. Mention the new manufacturers That entered the market.

when last did u visit the mkt?

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by mmsen: 6:07pm On Aug 31, 2016

bigtt76:
He should have hedged his wealth in more investments internationally than locally knowing the volatility of the local currency and market. He's just being patriotic shaa

He should have pushed for a pro-business presidential candidate instead of a man who had/has no clue, especially when it comes to economics.

This should be a lesson to everyone who thinks they can sit on the side line and watch as incompetent people take power and run everything into the ground.

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by fortunateice(m): 6:08pm On Aug 31, 2016

Am not surprise, Nigeria has lost 90% of it's wealth since the buhari administration began.... Yawning make i find agege with zobo take hunger at it's peak

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by lollmaolol(m): 6:08pm On Aug 31, 2016

Trust me , the masses will cough this out one way or the other. Just saying my mind, I mean no offense.

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by Richy4(m): 6:09pm On Aug 31, 2016

chiedu7:
What has he done for Nigeria with his wealth since??

He cannot do anything for Nigeria... But I believe his investment employed so many Nigerians...

With that they were able to put food on the table and look after their loved ones....Don't u think that was enough?

3 Likes

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sinistermind(m): 6:09pm On Aug 31, 2016

IVORY2009:

other manifactuers are now allowed into the market, on like on Dangote salt, Dangote spagatti, Dangote sugar all over the market, all others were ban, or discuraged with high duty cost, and he was even granted tax holiday too, on like smaller coys.

For ur info, it was in GEJ's tenure that Dangote had more competition if we were to look at it. The introduction of honeywell and the others.

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by ajepako(f): 6:11pm On Aug 31, 2016

atirolu:
Buhari regime affected the price of ABC

Aliko Dangote

Bread

cement

Help me add DEF.......

D....dodo or dog....

E.....egg

F.....fufu or fura

3 Likes 1 Share

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by iamrealdeji(m): 6:13pm On Aug 31, 2016

sinistermind:
Uhmm... when Jona said producing African richest man was one of his Achievements thanks to his policies people called him dull, and the same man has lost 35% of his net worth already due to bad policies. Then I guess it is an achievement after all.

nonsense achievement,is that an achievement? Why not produce 10 or make others eligible for African Forbes list?

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by emmasege: 6:14pm On Aug 31, 2016

Bad signal. Let's intensify prayers that at the end of this tenure, the middle class would not have become poor and the poor become destitutes.

1 Like

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by nathandrake(m): 6:15pm On Aug 31, 2016

sukkot:
hmm meaning most of his wealth is mere speculation and not real. most of the billionairs dont have real time money. its speculation money

speculation money grin

you need to go to school, i mean real school

2 Likes

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by IVORY2009(m): 6:16pm On Aug 31, 2016

sinistermind:

For ur info, it was in GEJ's tenure that Dangote had more competition if we were to look at it. The introduction of honeywell and the others.

bro Dangote was a "King" in the market, a neigbour of mine who own a small manfacturing plant for sugar, was furstrated out of the market, due to govt policies @ as den, wat about importation, Dangote and his monopoly made the govt to ban most imported and cheap commodities frm Italy, like Tin tomatoes, Italian Pasta etc, he was the sole producer in the market place, ask large scale dealers in the mkt.

Re: Aliko Dangote Lost 35% Of His Wealth This Year Alone, Amounting $5.4 Billion by sukkot: 6:17pm On Aug 31, 2016

nathandrake:

speculation money you need to go to school, i mean real school

and you need to keep quiet because you are ignorant. yes all billionaires have speculative money. nobody has real solid liquid assets or cash that runs into billions. its shares in a company that is counted not real money. nobody loses 5.4 billion of real money in a year. the value of his shares depreciated

2 Likes

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