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Nairaland Forum / Nairaland / General / Business / AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi (32555 Views)
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Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by gevans(m): 12:30pm On May 28, 2017 |
MemphisRaynes:what are thou saying? |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Nobody: 12:37pm On May 28, 2017 |
Klington:Sorry, there is only 1 Dangote. The guy is worth more than addition of the next ten billionaires. Agree that it is bad that just one person should not be allowed to buy the whole country... But looking at it from another angle... Had Yaradua not reverted Obasanjo sale of refineries to Dangote are you sure we will not be producing our own fuel by now. GEJ gave out 19 refinery licenses, Buhari has given out more...making it over 30+ licenses issued...including modular refineries... Why is it only Dangote refinery that is under construction? Why is it only on Dangote that our hope of local refining solely placed? What happened to other billionaires that have the licenses too? Ask yourself why Ibeto continue to rely solely on cement importation when Dangote was spending billions to build Obadjana... Why did Ibeto wait till when his import license was suspended before he start investing into his own cement plant? Before you abuse Dangote, try to answer those questions. It is bad for just one person to dominate, the US used to be like that with Rockefeller and Henry ford...so it is not strange 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Bolognese: 12:41pm On May 28, 2017 |
I guess Zombie is the latest word you learnt, no thanks to Ikpeazu. You're a lady and you're this uncouth, I pity the unfortunate Okoro that will marry you and put in his house. To enlighten you, please visit ASD Motors' official website and stop displaying your ignorance. http://www.asdmotorsng.com/?page_id=10 amarachi06: |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by tete7000(m): 12:42pm On May 28, 2017 |
xnsandrxns: Does he run his pasta business well? I wish you know he has the worst pasta in the market and does nothing to improve and compete with others. The man is simply another greedy African man. He wants to put his hands into everything. Jack of all trades, master of none. Ko le werk. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Nobody: 12:44pm On May 28, 2017 |
obidevine: By credible do you mean the person who pays the highest bribe? Because ayam not believing that this kuru man will just sell AMCON like that and return to his tent empty--------. btw, why should anyone trust you? Its just a question. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Nobody: 12:48pm On May 28, 2017 |
cooldood:But the fact is that there was first a standard oil built by Rockefeller that had to be broken. Without standard out maybe US too will rely on importing refined oil from Europe and Canada. The Rockefeller example you gave is a pointer that we truly need a Dangote... It wasn't just Rockefeller, there was also Henry Ford that dominated the automobile industry. They are pioneers, they bear the risks and end up creating a more reliable model/template for others to follow. They give other investors and entrepreneurs confidence. Initially, there will always be tendency of monopoly but by nature the monopoly always end up broken. |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by amarachi06(f): 12:52pm On May 28, 2017 |
Bolognese: Should in case you don't what l called you, "ZOMBIE" stay off my mention. As for marriage, l can't settle with your type cos perfectionist don't make a good husband. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by engrchykae(m): 1:01pm On May 28, 2017 |
Bondesniger:one question for you mr or mrs hopeful.did Dangote shut out other competitors in the cement business? 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by cooldood(m): 1:14pm On May 28, 2017 |
Nalikedis: There's nothing like what you wrote in your last sentence; ..."by nature monopoly always end up broken", no, its not by nature, but by actively challenging it. Everywhere in the world, there are always two types of entrepreneurs, the opportunists, and the innovative ones. Most big businesses in Nigeria are largely opportunists who are rent seekers and without people waking up to the danger of their monopolistic tendencies, then the people continue to wallow in serious poverty. Standard Oil was established in 1870, within 40 years its monopolistic drive was broken into more than 30 smaller companies (by 1911). How long will 'nature' take its effect in Nigeria, if its nature that is required to break Dangote's monopolistic tendencies. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by engrchykae(m): 1:18pm On May 28, 2017 |
savagefinder:when you want to sell goods or services,you advertise them so that more potential buyers will come.then they start bidding and at the end of the day,the goods or service goes to the highest bidder.not pady pady things. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by cooldood(m): 1:19pm On May 28, 2017 |
anyaekekehinde: Dont mind some certified illiterates, I worked in a Bank few years ago and Dangote was practically requesting that we wrote off his Billions of outstanding loans. Loans that he got at less than market rate in the first place at less than 10% (when market rate was 23%). We spent weeks writing off loans before QPR and Dangote's loans was in Billions. And that's just one of his banks. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Skubidude(m): 1:19pm On May 28, 2017 |
amarachi06: Fine bae, i dey feel u die. Make we relate abeg, u've got mail. |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by centboy123456(m): 1:26pm On May 28, 2017 |
obembet: lol u are not serious at all 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by engrchykae(m): 1:34pm On May 28, 2017 |
savagefinder:dangote will rather give nigerians consumer goods such as sugar noodles cement floor petrol and will not give you a platform(power) to challenge him in the future.remember he is an alhaji that will only feed the almajiri and not empower the almajiri. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by anyaekekehinde(m): 2:02pm On May 28, 2017 |
Nalikedis: This is why I expected you to be worried and fear for this business Empire called Nigeria plc. Shouldnt it be a red flag to you that dangote dey get mind where others no get?? Do you know the population of Nigeria?? And 1 man will be the all knowing man of business wey sabi opportunity and na him sabi take risk pass. This is a country where just one politically sponsored reform is needed to kill your multi billion dollars investment. Some people are afraid of tomorrow, that just one nonsense reform from another government will kill you. 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by amarachi06(f): 2:13pm On May 28, 2017 |
Skubidude:yeah! |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by slivertongue: 2:13pm On May 28, 2017 |
YourWife:Abiola Season 2 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by obua: 2:17pm On May 28, 2017 |
Klington:lbeto was only rebagging cement, but Dangote starting from rebagging and went into production. There are several other cement companies in Nigeria, and they are all buying up the smaller companies. We should actually praise Alh Dangote and not castigate him engrchykae:Dangote is actually the biggest non oil and gas investor in power and gas sector. His project to build a 3billion scfeet gasplant has progressed beyond paper. His gas supply to Obajana can form a gas power chain for North Central Nigeria. |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by dembularrr: 2:19pm On May 28, 2017 |
adecz: Depreciation of those assets can be a significant factor for d price reduction. |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by seuncyrus(m): 2:32pm On May 28, 2017 |
gnykelly: I was shocked with his response too oh, I was just about to ask about larfarge , elephant and co. smh for this generation of Nigerian youths |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Abfinest007(m): 2:47pm On May 28, 2017 |
na Nigeria I won buy me and buhari don conclude na signing of the papers remain 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by savagefinder: 4:52pm On May 28, 2017 |
erico2k2:u no even hear English.. |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by southpole: 5:10pm On May 28, 2017 |
NwaObinkita: Not really against your comment but remember that the power sector was divided and sold to the other Nigerian businessmen you are crying for but where is the power sector now, perhaps if they had sold the power sector to Dangote probably we could have been better because he has the financial muscle to turn things around. Those who bought the power sector can not even provide near enough prepaid meters after years of purchase and the prepaid meters happened to be among the cheapest component. It is not about who buys, but who can fix it |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by vikeyz(m): 5:22pm On May 28, 2017 |
Dangote my main man |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Nobody: 6:47pm On May 28, 2017 |
morbeta: 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Nobody: 7:05pm On May 28, 2017 |
Benekruku:You see how Zoogeria has truncated your sense of reasoning? Common sense should have told you that too much concentration of companies under one person will make him a "god" You see wetin Zoogeria de do una. After, you will say that you have sense Read and Learn http://fusion.kinja.com/4-corporate-mergers-shot-down-by-the-government-1793840916 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by Nobody: 7:06pm On May 28, 2017 |
Benekruku:You see how Zoogeria has truncated your sense of reasoning? Common sense should have told you that too much concentration of companies under one person will make him a "god" You see wetin Zoogeria de do una. After, you will say that you have sense Read and Learn http://fusion.kinja.com/4-corporate-mergers-shot-down-by-the-government-1793840916 1 Like |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by engrchykae(m): 7:51pm On May 29, 2017 |
[quote author=obua post=56956667]lbeto was only rebagging cement, but Dangote starting from rebagging and went into production. There are several other cement companies in Nigeria, and they are all buying up the smaller companies. We should actually praise Alh Dangote and not castigate him Dangote is actually the biggest non oil and gas investor in power and gas sector. His project to build a 3billion scfeet gasplant has progressed beyond paper. His gas supply to Obajana can form a gas power chain for No is the gas meant for consumer goods or for a power plant? |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by yanjutomi(m): 9:57pm On May 29, 2017 |
NOETHNICITY:what of steel rolling oshogbo |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by NOETHNICITY(m): 5:22am On May 30, 2017 |
yanjutomi:Not aware. Beside we dont hear of other Nigerians who re interested in stuff like this. The only few we ve wants to fleece the country. Imagine Ifeanyi uba and others 2 Likes |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by yanjutomi(m): 9:51am On May 30, 2017 |
NOETHNICITY:agreed but he want everything for himself greedy rich man siphoning nigeria resourses...... He acquired ikeja textile company but he didn't revive it he only turned it to sugar mill. The Nigerian Textile Mills Plc is a large Nigerian textile firm that started production of a variety of textiles including the spinning, weaving, printing and bleaching of finished cotton goods in 1962. It started out as a joint venture between the Western Nigeria Development Corporation and some foreign firms including Trans- Continental Mercantile Company of Milan, Chase Manhattan and Maurer Textiles. Its first mills was located in Ikeja. The company is listed on the Nigerian Stock Exchange and is now controlled by the Dangote Group. The company was established with a capital of 2.6 million pounds and incorporated in 1960. The Ikeja mill started production on September 1, 1961 with the spinning, weaving and printing of different cotton goods including bafts and finished shirts utilizing new machines but its printing equipment was purchased used. Major early textile firms such as J.F. Kamson and the Kaduna Textiles Mills originally started production with the capital intensive spinning and weaving before jumping into bleaching unlike NTM which focused on the capital intensive aspects and also the printing aspects of the textile industry that required great technical skill. The firm was also one of the earliest to make use of computers within the industry. In 1967, it expanded its production to include coloured woven and dobby and printed cloths. Early on, the Kaduna textile mill focused largely on the Northern Nigeria market while the Ikeja mill tapped into the Southern Nigerian market. Today The company is currently going through a tough period in the textile industry partly due to competition from foreign textiles. In July 2004, the company went on operational recess producing only sacks. Prior to the shutting down of the Ikeja mill, the company had to withstand the effects of competition by staff retrenchment and borrowing including a loan from the International Finance Company in 1987. In 1993, the company was privatized and bought by Aliko Dangote.ni source: nigerianwiki.com/Nigerian_Textile_Mills |
Re: AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi by lazeal: 4:47pm On Apr 05, 2019 |
prettyboi1: Lol... And I just used this words of yours few weeks back when addressing a point on facebook: "Business is Business" |
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