bigboss80s:
Very unfortunate. This shows that:
1. He has no interest in investing in the rail which means he will lobby to ground the rail which Goodluck Jonathan struggled to resuscitate.
2. Nigerian roads are doomed. No country's roads (least of all Nigerian) can survive the pounding they will get from this number of trucks. So more money goes into road rehabilitation which is only a temporary solution to a permanent problem.
Nigerians should NOT laud a truck production company. Not at this time in our national development.
RAIL should be the focus now.

oatzeal:
JACK OF ALL TRADE ..

oatzeal:
JACK OF ALL TRADE ..

bigboss80s:
Very unfortunate. This shows that:
1. He has no interest in investing in the rail which means he will lobby to ground the rail which Goodluck Jonathan struggled to resuscitate.
2. Nigerian roads are doomed. No country's roads (least of all Nigerian) can survive the pounding they will get from this number of trucks. So more money goes into road rehabilitation which is only a temporary solution to a permanent problem.
Nigerians should NOT laud a truck production company. Not at this time in our national development.
RAIL should be the focus now.

bigboss80s:
Very unfortunate. This shows that:
1. He has no interest in investing in the rail which means he will lobby to ground the rail which Goodluck Jonathan struggled to resuscitate.
2. Nigerian roads are doomed. No country's roads (least of all Nigerian) can survive the pounding they will get from this number of trucks. So more money goes into road rehabilitation which is only a temporary solution to a permanent problem.
Nigerians should NOT laud a truck production company. Not at this time in our national development.
RAIL should be the focus now.

agabusta:
Smart guy.

This Dangote is very smart. He knows there is zero duty on completely knocked down units of vehicles while brand new vehicles carries a 70% duty.


He has done his calculation as regards the number of trucks he will be needing for his businesses, say in the next 5 years, and the cost of importing these trucks and paying a whooping 70 percent duty per truck to the govt.

And has come to the realisation that it may actually be cheaper to invest in an assembly plant, where you are allowed by the govt to bring in completely knocked units and not pay a dime on duty.

In addition, there is money to be made in the endeavour apart from the cost saving it will represent to the Dangote group.

All he needs is a willing foreign partner with the technical capacity, who equally needs a local partner with deep pockets and wide connection across the breadth of the country.

There goes this seamless partnership between the Chinese and Dangote. The Chinese are ever eager to invade the length and breadth of the Nigerian economy.

Although there are benefits to be derived by Nigeria from this: direct employment, tax, VAT on sold trucks and also lots of indirect employment, but from my opinion, after the country has gotten a good number of assembly plants up and running, they should make the conditions for bringing in completely knocked down vehicle units more stringent.

They should mandate the vehicle assembly plants to imbibe a robust local content in their business. With a view to manufacturing vehicles fully within the country in the nearest future.

bigboss80s:
Very unfortunate. This shows that:
1. He has no interest in investing in the rail which means he will lobby to ground the rail which Goodluck Jonathan struggled to resuscitate.
2. Nigerian roads are doomed. No country's roads (least of all Nigerian) can survive the pounding they will get from this number of trucks. So more money goes into road rehabilitation which is only a temporary solution to a permanent problem.
Nigerians should NOT laud a truck production company. Not at this time in our national development.
RAIL should be the focus now.

davodyguy:
why Lagos again?

obailala:
WHat on earth are you talking about?... That trucks are not important and we should concentrate on trains?... And you even get likes for this?

UK which has some of the best rail networks still has about the highest number of truck manufacturing plants in the world. I find it hard to understand your logic, do you think trains can replace trucks?.... Can a train do what trucks can do?... I suppose if you have 1000 manufacturing houses and large retail outlets in a state or a whole region, you expect a railway to branch into each one of them?

hakimi1974:
dangote everywhere, i sure say igbo man blood dey flow for this man vein.

obailala:
This is excellent reasoning from you. Dangote is a smart man, as much as he's doing this from a business point of view, it ends up helping Nigeria's economy greatly even if its just in terms of the jobs it will be creating. How I wish many more business men would reason like Dangote.

As for the local content thing, its only a matter of time before nature would take its natural course and we would realise we caould actually produce the things we've been importing. Innoson began with importing and assemblage of parts. But today, he produces over 60-70% of his vehicles locally. You never know what you can achieve until you start.

From 2019 and beyond, I truly envy whoever would be Nigeria's president by then when things like the Dangote refinery, the subsea gas pipeline and others would have become operational. These investments would turn Nigeria's economy around and whoever would be the president would take all glory

QuotaSystem:


Why? That's a pure Hausa Fulani man, and I'm not surprised by your comment considering the level of ignorance and bigotry that has pervaded the minds of our youths.

GMBuhari:
I once heard Dangote is a front for corrupt Northern politician



If that is true then he's awa thief


Imagine if likes of Alamesia, ibori, Jonathan had pH'ed into Nigeria's economy like Dangote is doing, we wouldn't be in recession , alas they prefer to move money abroad or bury it in pits



Dangote carry on, we sight you

obailala:
WHat on earth are you talking about?... That trucks are not important and we should concentrate on trains?... And you even get likes for this?

UK which has some of the best rail networks still has about the highest number of truck tymanufacturing plants in the world. I find it hard to understand your logic, do you think trains can replace trucks?.... Can a train do what trucks can do?... I suppose if you have 1000 manufacturing houses and large retail outlets in a state or a whole region, you expect a railway to branch into each one of them?

GMBuhari:
I once heard Dangote is a front for corrupt Northern politician



If that is true then he's awa thief


Imagine if likes of Alamesia, ibori, Jonathan had pH'ed into Nigeria's economy like Dangote is doing, we wouldn't be in recession , alas they prefer to move money abroad or bury it in pits



Dangote carry on, we sight you

bigboss80s:


Are u stupid or r u just pretending to be? These trucks are massive and put a lot of pressure on our already terrible roads which were ruined by the same kind of trucks in the first place. We need light trucks that carry smaller loads not these ones that weigh several tons

hakimi1974:
you are the bigot, and ignorant one, if you did not comprehend the satire in my comment. ogbeni park well joo.

obailala:
Jesus is Lord!

After the number of mentions you got with several people trying to correct your error, I actually gave you the benefit of a doubt thinking you retreated honourably after realising your error. But then you come back with this?... With insults?

@LorD.Bolton, Abeg come and help me see the person you were defending. He just called me 'stupid' for explaining to him that trucks are important and their functions can't be replaced by trains

2sexynet:
Someone close told me Dangote isn't as wealthy as one of his relative but the thing is they don't make noise. So add that to what you just said and we might not be far from the truth. He is probably fronting for a group of people considering that his name is already a brand. This may have been planned right from the onset in a meeting that people describe as "loan from his uncle"

They probably said "let's launch this guy into brand while work from behind the scene" It is a win win... You got to respect Northerners, those guys are forking thinkers. The South is just noise makers and sleepers, nothing else.

Arsasee:

What a Beast u r. What ever ur reply, you r more than that

bigboss80s:
Very unfortunate. This shows that:
1. He has no interest in investing in the rail which means he will lobby to ground the rail which Goodluck Jonathan struggled to resuscitate.
2. Nigerian roads are doomed. No country's roads (least of all Nigerian) can survive the pounding they will get from this number of trucks. So more money goes into road rehabilitation which is only a temporary solution to a permanent problem.
Nigerians should NOT laud a truck production company. Not at this time in our national development.
RAIL should be the focus now.

obailala:
Jesus is Lord!

After the number of mentions you got with several people trying to correct your error, I actually gave you the benefit of a doubt thinking you retreated honourably after realising your error. But then you come back with this?... With insults?

@LorDBolton, Abeg come and help me see the person you were defending. He just called me 'stupid' for explaining to him that trucks are important and their functions can't be replaced by trains

GMBuhari:

bigboss80s:



I only asked a question which, by the way, u haven't answered. I don't get into fights here, but u have to be blind to not see that trucks are a big problem on our roads. Like someone pointed out, Dangote is making a wise business decision, but how does it affect Nigeria in the long run? And please don't compare Nigeria to countries like England where they have an excellent maintenance culture. Our roads cannot withstand the pressure of these trucks without regular resurfacing. If he has Nigeria's interest at heart he should be interested in getting NASS to pass bills that would allow private sector involvement in the rail sector.
Lighter trucks are needed. That much is certain. But we need a working, reliable, private-sector driven rail system even more.