mrkayusfit:




Unfortunately he will never smell it. The world's richest men are men who invented several technologies and touched lives of millions around the globe through their intellectual project. Dangote has several cement plants, refineries, sugar, e.t.c but he's still not close to mark Zuckerberg who is number 6 in the world. Mark is 3 times richer than the bloody capitalist dangote who was helped to his present state by several government patronage and waivers. I am not impressed with his networth

EagleScribes:
Can someone else see the direction this game is moving to?

A time will come that Nigeria's economy will be driven majorly by an individual.

Wait till when Dangote gets his refinery project completed

thesicilian:
I'll like to see this guy as the richest man in the world one day. A true Nigerian.

PassingShot:

What is important and necessary to one person/country is not necessarily same for the other.

Those abandoning fossil fuel now had maximized the benefits from it in the past.

IMHO, no developing/underdeveloped country should pledge to such talk on global warming yet. Not until they also have maximized their benefits from those energy sources.

Onegai:
[s]To everyone hailing Dangote and hoping to join him soon, I'm surprised you can't see the obvious:

Why is Dangote the only businessman who is getting all these government concessions?

There are several businessmen also involved in these industries yet you hear nothing from them. That's because Dangote owns each successive government and they do their best to favour him. He has become an Oligarch. Go to Russia and see what their Oligarchs caused. A few people owning the country makes it poorer, not richer. The wealth distribution has to be spread more to make Nigeria a wealthy country. Dangote had been known to shut down his opponents businesses with bribes to government to help him. For every 500 jobs he created, he killed 1500 more. I'm saying this as a fact that I know, from people who worked under him and businesses he killed so he could move in and monopolise the industry. So as you hail him, remember this: he won't allow you anywhere near his level to join him. So your dreams will remain just that, dreams.

To explain: let Nairaland become a multi-billion dollar potential earned and let Dangote become interested in Start-ups and social media. NL will either be forced to sell to him and the site will suddenly become spammed and start suffering crashes and having issues. Govt will start monitoring comments on the site and fighting everyone. Every thread will lead to wahala and dead ends. Dangote's website will seem like a safe haven and he will be able to control what you say and how and when you do. The End.[/s]

mrkayusfit:




Unfortunately he will never smell it. The world's richest men are men who invented several technologies and touched lives of millions around the globe through their intellectual project. Dangote has several cement plants, refineries, sugar, e.t.c but he's still not close to mark Zuckerberg who is number 6 in the world. Mark is 3 times richer than the bloody capitalist dangote who was helped to his present state by several government patronage and waivers. I am not impressed with his networth

Onegai:
To everyone hailing Dangote and hoping to join him soon, I'm surprised you can't see the obvious:

Why is Dangote the only businessman who is getting all these government concessions?

There are several businessmen also involved in these industries yet you hear nothing from them. That's because Dangote owns each successive government and they do their best to favour him. He has become an Oligarch. Go to Russia and see what their Oligarchs caused. A few people owning the country makes it poorer, not richer. The wealth distribution has to be spread more to make Nigeria a wealthy country. Dangote had been known to shut down his opponents businesses with bribes to government to help him. For every 500 jobs he created, he killed 1500 more. I'm saying this as a fact that I know, from people who worked under him and businesses he killed so he could move in and monopolise the industry. So as you hail him, remember this: he won't allow you anywhere near his level to join him. So your dreams will remain just that, dreams.

To explain: let Nairaland become a multi-billion dollar potential earned and let Dangote become interested in Start-ups and social media. NL will either be forced to sell to him and the site will suddenly become spammed and start suffering crashes and having issues. Govt will start monitoring comments on the site and fighting everyone. Every thread will lead to wahala and dead ends. Dangote's website will seem like a safe haven and he will be able to control what you say and how and when you do. The End.

georgeidoni:
You are such a pity asshole. Why did your Father not enjoy the same government patronage and waivers? Its people like you that will always categorized every rich man as a ritualist. If just three other persons are doing what Dangote is doing, we will not be in the mess we are today.

Onegai:
To everyone hailing Dangote and hoping to join him soon, I'm surprised you can't see the obvious:

Why is Dangote the only businessman who is getting all these government concessions?

There are several businessmen also involved in these industries yet you hear nothing from them. That's because Dangote owns each successive government and they do their best to favour him. He has become an Oligarch. Go to Russia and see what their Oligarchs caused. A few people owning the country makes it poorer, not richer. The wealth distribution has to be spread more to make Nigeria a wealthy country. Dangote had been known to shut down his opponents businesses with bribes to government to help him. For every 500 jobs he created, he killed 1500 more. I'm saying this as a fact that I know, from people who worked under him and businesses he killed so he could move in and monopolise the industry. So as you hail him, remember this: he won't allow you anywhere near his level to join him. So your dreams will remain just that, dreams.

To explain: let Nairaland become a multi-billion dollar potential earned and let Dangote become interested in Start-ups and social media. NL will either be forced to sell to him and the site will suddenly become spammed and start suffering crashes and having issues. Govt will start monitoring comments on the site and fighting everyone. Every thread will lead to wahala and dead ends. Dangote's website will seem like a safe haven and he will be able to control what you say and how and when you do. The End.

Bubewilson:
When the rest of the world is going away from fossil fuel.... nigs are embracing it.

tobimillar:


Bro, let's analyze this objectively. First we both agree that the only way Nigerian economy can grow is by having lots of budding start ups and reducing t dependent on imports. Emphasis on 'import dependent'.
Now, from the last 30 years, Nigeria has been depending heavily on importation of refined crude (Pms, apk, etc) and it took a dangote to identify the need. What happened to all the atiku's, the Otedola's the Chis Uba's and others before now? Let me tell you what happened to them. Most of them have refineries in South Africa, and other European countries or they are very comfortable with the excess dollar they make from the subsidy scam. Why can't state south south state government embark on building a refinery and improving their states IGR.? Why then shouldn't I celebrate dangote even when I know he is creating a monopoly. Take a look at rice, we hav been depending on importation of rice. Now dangote is involved, we are hoping for a change. Now it's coal. Dangote may be killing competitors, but he is filling a void lots of Nigerian billionaires are scared of filling

EagleScribes:
Can someone else see the direction this game is moving to?

A time will come that Nigeria's economy will be driven majorly by an individual.

Wait till when Dangote gets his refinery project completed

anyaekekehinde:


That guy said the truth, you need not counter him with your lame argument.
Let me attack your statement, first of all, your opinion that "if we have just 3 people like dangote" is mere wish, you can never , I repeat never have any one like dangote, you know why because dangote has done what we call "capture the regulator" in policy making...
And he alone can enjoy (or enjoyed) the numerous sole importer status, extensive tax waivers, heavy bank loans that he wont pay and will be written off as bad debt at the end, easy access to cbn dollars etc, he will never allow you or anybody in our generation gain access into similar industry or to similar governmental treatment neither will he even allow the government enact fair competitive structure help nigerian people.
Illustrations
During abacha's time , CBN gave dollars to dangote at 21 Naira and other business men traded with dollars at almost 90 something naira( and you say dangote will not be rich or do you think dangote will allow another person gain such advantage)
When cement was deregulated, dangote crashed the price of cement to 300 naira to bag, this price then was below the existing unit cost of producing a bag of cement then( I know people like you will be shouting that he is a good man), he didn't do so because he so much love Nigeria or love Nigerian people, he did so that other people will run out of the market because he has excess cbn dollars to sustain that negative price, the moment most of those others packed up, he increased the price of cement to almost 1500 and lots of people lost their jobs in the other thriving cement factory( this is dangerous and wicked act)
Monopoly is not good for our economic health as a country, we have a population of 170million, wealth cannot just be in the hands of 1 or 2 persons and think we are well, the wealth must be distributed. monopoly kills innovation. For every 100 dangote employ in any industry he is, more people will loose jobs.

This same thing that dangote is doing now is what Rockefeller did during his time, his decision singlehandedly drove America into economic depression, Rockefeller became filthily rich and Americans became poorer not until they had to check him with Antitrust laws.
Next 10years, if we are not carefully, dangote will be installing president like how them Rockefeller were doing in USA then and later we will enter real economic depression, ( shebi we are in recession now, depression is even worse)

Bubewilson:
When the rest of the world is going away from fossil fuel.... nigs are embracing it.

Boss13:


Honestly, it is not good for Nigeria in the long run. Dangote's unrelated diversification, which has resulted to a Conglomerate, can create a problem for Nigeria. Dangote and his present aggressive team will not remain on earth forever, but their companies will outlive them and the possibility of having an incompetent fellow with bad management may result in the collapse of these companies and likewise the collapse of the Nigerian economy in the future. It may not happen in our lifetime, but it is definitely going to happen. It is dangerous for one man to control or have influence over 50% economic activities in a country.

Also, there is the need for the Government to set in and control his ambition. We need other players in the economy, if we cannot breed them, we can acquire them through willingly foreign investors. I truly admire Dangote, but his spiral ambition is getting out of hand and indirectly killing entrepreneurship and competition in this country; for example, because Dangote has entered into the Mining and Refinery industries, it will discourage other entrepreneurs to enter into these separate industries. Dangote has the resources and capabilities to outshine any new entrant.

Mrbigman2:
We'll sha be praising this man till he get dem all and monopolies us.

Government should be dia not not give most of this things to other investors abi na only am dey tend bid?

tobimillar:


Bro, let's analyze this objectively. First we both agree that the only way Nigerian economy can grow is by having lots of budding start ups and reducing t dependent on imports. Emphasis on 'import dependent'.
Now, from the last 30 years, Nigeria has been depending heavily on importation of refined crude (Pms, apk, etc) and it took a dangote to identify the need. What happened to all the atiku's, the Otedola's the Chis Uba's and others before now? Let me tell you what happened to them. Most of them have refineries in South Africa, and other European countries or they are very comfortable with the excess dollar they make from the subsidy scam. Why can't state south south state government embark on building a refinery and improving their states IGR.? Why then shouldn't I celebrate dangote even when I know he is creating a monopoly. Take a look at rice, we hav been depending on importation of rice. Now dangote is involved, we are hoping for a change. Now it's coal. Dangote may be killing competitors, but he is filling a void lots of Nigerian billionaires are scared of filling

mrkayusfit:




Unfortunately he will never smell it. The world's richest men are men who invented several technologies and touched lives of millions around the globe through their intellectual project. Dangote has several cement plants, refineries, sugar, e.t.c but he's still not close to mark Zuckerberg who is number 6 in the world. Mark is 3 times richer than the bloody capitalist dangote who was helped to his present state by several government patronage and waivers. I am not impressed with his networth

StephanieLuv:



You are wrong, did Zara invent any new thing.

mrkayusfit:




Unfortunately he will never smell it. The world's richest men are men who invented several technologies and touched lives of millions around the globe through their intellectual project. Dangote has several cement plants, refineries, sugar, e.t.c but he's still not close to mark Zuckerberg who is number 6 in the world. Mark is 3 times richer than the bloody capitalist dangote who was helped to his present state by several government patronage and waivers. I am not impressed with his networth

989900:


He knows what he is doing: first he is going to try to get the Naira to say N100/$ say in 3-4 years, that automatically almost quadriples his net worth.

mrkayusfit:




Unfortunately he will never smell it. The world's richest men are men who invented several technologies and touched lives of millions around the globe through their intellectual project. Dangote has several cement plants, refineries, sugar, e.t.c but he's still not close to mark Zuckerberg who is number 6 in the world. Mark is 3 times richer than the bloody capitalist dangote who was helped to his present state by several government patronage and waivers. I am not impressed with his networth

abdulhadi101:
This man go buy naija one day

Bubewilson:
When the rest of the world is going away from fossil fuel.... nigs are embracing it.