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Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 - Business (2) - Nairaland

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Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by victorDanladi: 12:07pm On Aug 17, 2017
And the international headquarters will be in lagos Nigeria.


he will start ruling the world from lagos without bragging and chest beating of 75% like some people!...because he is not greedy and not with inferiority complex like them.

1 Like

Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by zoedew: 12:08pm On Aug 17, 2017
Truth234:
The richest man in Africa and the Chairman of Dangote Group plans to invest up to $50 billion in the U.S. and Europe by 2025.

The 60-year old Nigerian business tycoon said in a Bloomberg interview that he plans to focus on renewable energy and petrochemicals when he moves into these territories in 2020, after completing his $11 billion oil refinery and $5 billion agricultural projects in his home country, Nigeria.

“Beginning in 2020, 60 percent of our future investments will be outside Africa, so we can have a balance,” said Dangote, worth $11.6 billion, according to Bloomberg’s Billionaires Index. Dangote Group’s major investment will be in the U.S. and Europe, he said. “I think renewables is the way to go forward, and the future. We are looking at petrochemicals but can also invest in other companies.”

Dangote, who has diversified across broad industries in the last five years. Expanded his Dangote Cement Plc, which accounts for about 80 percent of his wealth, into other nine African countries aside Nigeria.

In 2015, the billionaire commenced a 650,000 barrel a day refinery project in Lagos, Nigeria, and presently building the largest sub-sea pipeline infrastructure in the world to handle three billion SCF of gas per day.

Also, Dangote plans to build a 570 MW power plant in his complex and augment natural domestic gas supply.

“Gas from its pipeline will augment the natural domestic gas supply with an additional 12,000MW of power generation added to the grid from its gas system.

http://investorsking.com/dangote-invest-50-billion-u-s-europe-2025/ mynd44

Up your game is it! Taking the "battle" to the gates!!
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by ArmadillopgpA: 12:08pm On Aug 17, 2017
He's no even worth $20 billion presently.He wan invest $50 billion by 2025.Don't count ur chicks b4 dey are hatched baba
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Burgerlomo: 12:13pm On Aug 17, 2017
Nice one
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Orodje(m): 12:20pm On Aug 17, 2017
medolab90:
Dangote is soon gonna be the world richest man


in your dreams? cheesy
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by deenee: 12:22pm On Aug 17, 2017
guterMann:
After years of not paying duty on his imported goods in Nigeria,creating unfavorable policies for his competitors(e.g Ibeto Cement) which took his competitors out of business and gave him a monopoly (I am not taking away his hard work,but clearly the government gave him an unfair advantage)



Now,one of the owners of Nigeria wants to invest in the west.

Investing $50b in the west is a loss to Africa,in terms of employment,infrastructures,foreign exchange reserve etc.

Nigeria will never work until her citizens are given level playing ground to compete.

THE SUN MUST SET FORTH AT DAWN


Nigerians are not honest and always look for shortcut. He was given the opportunity and he is maximizing it.
Dangote is the single largest employer of labour in the private sector.

The trio of ifeanyi UBA, Dangote and Famfa all got license to build refinery.

While ifeanyi UBA is busy buying expensive watches and cars and also duping the Govt by selling off fuel reserves. Famfa has sold her license to the chinese.

Dangote is the only one who is taking on the business risk to invest his own capital to actually build and operate and refinery.


This alone once complete will be a game changer in the downstream and mid stream oil and gas sector and also create jobs.

And you have the guts to throw stones at him?
How dare you?....what have you done for Nigeria?

3 Likes

Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by pokipoki: 12:24pm On Aug 17, 2017
guterMann:
After years of not paying duty on his imported goods in Nigeria,creating unfavorable policies for his competitors(e.g Ibeto Cement) which took his competitors out of business and gave him a monopoly (I am not taking away his hard work,but clearly the government gave him an unfair advantage)



Now,one of the owners of Nigeria wants to invest in the west.

Investing $50b in the west is a loss to Africa,in terms of employment,infrastructures,foreign exchange reserve etc.

Nigeria will never work until her citizens are given level playing ground to compete.

THE SUN MUST SET FORTH AT DAWN
Hahahaha. Why are you crying for more the bereaved? Even if it happened, Ibeto is no longer crying and has moved on with his life. If you cannot invest in Nigeria and create jobs for thousands of nigerians, i suggest you stop whinning!!!
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Kennitrust(m): 12:25pm On Aug 17, 2017
MAY HE LIVE TO EAT THE FRUITS HIS LABOUR.
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by pokipoki: 12:26pm On Aug 17, 2017
ArmadillopgpA:
He's no even worth $20 billion presently.He wan invest $50 billion by 2025.Don't count ur chicks b4 dey are hatched baba
Business investments and personal networthe are two different things. Ever heard of project finance?

1 Like

Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by natznext(m): 12:27pm On Aug 17, 2017
Truth234:
The richest man in Africa and the Chairman of Dangote Group plans to invest up to $50 billion in the U.S. and Europe by 2025.

The 60-year old Nigerian business tycoon said in a Bloomberg interview that he plans to focus on renewable energy and petrochemicals when he moves into these territories in 2020, after completing his $11 billion oil refinery and $5 billion agricultural projects in his home country, Nigeria.

“Beginning in 2020, 60 percent of our future investments will be outside Africa, so we can have a balance,” said Dangote, worth $11.6 billion, according to Bloomberg’s Billionaires Index. Dangote Group’s major investment will be in the U.S. and Europe, he said. “I think renewables is the way to go forward, and the future. We are looking at petrochemicals but can also invest in other companies.”

Dangote, who has diversified across broad industries in the last five years. Expanded his Dangote Cement Plc, which accounts for about 80 percent of his wealth, into other nine African countries aside Nigeria.

In 2015, the billionaire commenced a 650,000 barrel a day refinery project in Lagos, Nigeria, and presently building the largest sub-sea pipeline infrastructure in the world to handle three billion SCF of gas per day.

Also, Dangote plans to build a 570 MW power plant in his complex and augment natural domestic gas supply.

“Gas from its pipeline will augment the natural domestic gas supply with an additional 12,000MW of power generation added to the grid from its gas system.

http://investorsking.com/dangote-invest-50-billion-u-s-europe-2025/ mynd44
If the bolded happens, in addition to our current generation and other IPP n we can't solve distribution problems. I'll just give up
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Rick9(m): 12:28pm On Aug 17, 2017
Abeg weti be Dangote Net Worth ?
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by ifyain: 12:32pm On Aug 17, 2017
medolab90:
Dangote is soon gonna be the world richest man
He is just an Hausa government proxy in Nigeria. please tell me what he have invented like Bill Gate or Steve Job? The western world are just laughing at us.Wait until he dies and you will know that this is just another Abiola.
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Ugosample(m): 12:34pm On Aug 17, 2017
guterMann:
After years of not paying duty on his imported goods in Nigeria,creating unfavorable policies for his competitors(e.g Ibeto Cement) which took his competitors out of business and gave him a monopoly (I am not taking away his hard work,but clearly the government gave him an unfair advantage)



Now,one of the owners of Nigeria wants to invest in the west.

Investing $50b in the west is a loss to Africa,in terms of employment,infrastructures,foreign exchange reserve etc.

Nigeria will never work until her citizens are given level playing ground to compete.

THE SUN MUST SET FORTH AT DAWN

So you guys are still not over the Ibeto cement episode,?

Why didbt Ibeto lobby the then government for some leeway too?

Anyways let's not go into that
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by mavinc4u(f): 12:39pm On Aug 17, 2017
Truth234:


Well, give it to the man that has built everything from infrastructures to manpower, and be the first in almost all the industries he ventures into.

Go and watch world economic forum 2017, he was complaining about power, forex, poor business policy and government bureaucratic structure that prevent private business owners from assessing even basic things.

After years of navigating headwinds, I guess he is moving on. At least he has shown a lot of young entrepreneurs it can be done right here.

What do you expect when the ground is well watered for him?
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by ExInferis(m): 12:46pm On Aug 17, 2017
medolab90:
Dangote is soon gonna be the world richest man

Fire.

Only after Bezos is dead.
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by ExInferis(m): 12:48pm On Aug 17, 2017
guterMann:
After years of not paying duty on his imported goods in Nigeria,creating unfavorable policies for his competitors(e.g Ibeto Cement) which took his competitors out of business and gave him a monopoly (I am not taking away his hard work,but clearly the government gave him an unfair advantage)



Now,one of the owners of Nigeria wants to invest in the west.

Investing $50b in the west is a loss to Africa,in terms of employment,infrastructures,foreign exchange reserve etc.

Nigeria will never work until her citizens are given level playing ground to compete.

THE SUN MUST SET FORTH AT DAWN

He wants ro invest in renewable energy. The west is light years ahead of Africa.

Business and patriotism can be mutually exclusive especially as he's not running an NGO.

Only a dumb businessman would think otherwise.
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by omenziate(m): 12:54pm On Aug 17, 2017
ifyain:

He is just an Hausa government proxy in Nigeria. please tell me what he have invented like Bill Gate or Steve Job? The western world are just laughing at us.Wait until he dies and you will know that this is just another Abiola.

Key man risk very evident .

Maybe I am not the only person moved by the unnecessary praise singing of the cheat afterall.
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by chymes0359(m): 1:08pm On Aug 17, 2017
How much is his net worth?
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by samsilo(m): 1:09pm On Aug 17, 2017
ArmadillopgpA:
He's no even worth $20 billion presently.He wan invest $50 billion by 2025.Don't count ur chicks b4 dey are hatched baba
You don't know anything about Dangote . He deliberately got his cement business and Dangote sugar refinery listed on the stock exchange because Forbes and other international rating agencies do not recognize the value of any business from the owners words only .
The 12 billion dollars represents his publicly listed assets . The man is worth sever more billions from his other unlisted assets .

2 Likes

Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by dipznano: 1:16pm On Aug 17, 2017
ifyain:

He is just an Hausa government proxy in Nigeria. please tell me what he have invented like Bill Gate or Steve Job? The western world are just laughing at us.Wait until he dies and you will know that this is just another Abiola.


And you need to invent to be a billionaire?? Tell me, What do you know about Richard Branson, Warren Buffett or even Donald Trump?


THINK!!!
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by ifyain: 1:38pm On Aug 17, 2017
dipznano:



And you need to invent to be a billionaire?? Tell me, What do you know about Richard Branson, Warren Buffett or even Donald Trump?


THINK!!!
Trump inherited family business, Richard Branson is an entrepreneur. Warren Buffett is an investor. Dangote is a front for ex Nigerian heads of state and politician.He enjoys free access to Nigerian market that even a dog will become a billionaire under such an unfair business practice

1 Like

Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Ugosample(m): 1:40pm On Aug 17, 2017
deenee:



Nigerians are not honest and always look for shortcut. He was given the opportunity and he is maximizing it.
Dangote is the single largest employer of labour in the private sector.

The trio of ifeanyi UBA, Dangote and Famfa all got license to build refinery.

While ifeanyi UBA is busy buying expensive watches and cars and also duping the Govt by selling off fuel reserves. Famfa has sold her license to the chinese.

Dangote is the only one who is taking on the business risk to invest his own capital to actually build and operate and refinery.


This alone once complete will be a game changer in the downstream and mid stream oil and gas sector and also create jobs.

And you have the guts to throw stones at him?
How dare you?....what have you done for Nigeria?


No mind them
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Nobody: 1:47pm On Aug 17, 2017
Mumu man
You want to be selling cement
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by bulletproofmonk(m): 1:57pm On Aug 17, 2017
guterMann:
After years of not paying duty on his imported goods in Nigeria,creating unfavorable policies for his competitors(e.g Ibeto Cement) which took his competitors out of business and gave him a monopoly (I am not taking away his hard work,but clearly the government gave him an unfair advantage)



Now,one of the owners of Nigeria wants to invest in the west.

Investing $50b in the west is a loss to Africa,in terms of employment,infrastructures,foreign exchange reserve etc.

Nigeria will never work until her citizens are given level playing ground to compete.

THE SUN MUST SET FORTH AT DAWN

Blah Blah Blah.We've heard this ibeto story many times. Is Dangote the only one who has not been paying duties? Can ibeto swear he hasn't evaded duties? Is Dangote the only one with access to lawmakers who will make favorable policies for him? Let's stop holding brief for these importers calling themselves industrialists. Dangote has over time, differentiated himself by investing here in Nigeria. That's all that matters...
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by lonlytroy(m): 2:01pm On Aug 17, 2017
medolab90:
Dangote is soon gonna be the world richest man

World richest man from a Poor country
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Ibnjurayj(m): 2:14pm On Aug 17, 2017
Truth234:
The richest man in Africa and the Chairman of Dangote Group plans to invest up to $50 billion in the U.S. and Europe by 2025.

The 60-year old Nigerian business tycoon said in a Bloomberg interview that he plans to focus on renewable energy and petrochemicals when he moves into these territories in 2020, after completing his $11 billion oil refinery and $5 billion agricultural projects in his home country, Nigeria.

“Beginning in 2020, 60 percent of our future investments will be outside Africa, so we can have a balance,” said Dangote, worth $11.6 billion, according to Bloomberg’s Billionaires Index. Dangote Group’s major investment will be in the U.S. and Europe, he said. “I think renewables is the way to go forward, and the future. We are looking at petrochemicals but can also invest in other companies.”

Dangote, who has diversified across broad industries in the last five years. Expanded his Dangote Cement Plc, which accounts for about 80 percent of his wealth, into other nine African countries aside Nigeria.

In 2015, the billionaire commenced a 650,000 barrel a day refinery project in Lagos, Nigeria, and presently building the largest sub-sea pipeline infrastructure in the world to handle three billion SCF of gas per day.

Also, Dangote plans to build a 570 MW power plant in his complex and augment natural domestic gas supply.

“Gas from its pipeline will augment the natural domestic gas supply with an additional 12,000MW of power generation added to the grid from its gas system.

http://investorsking.com/dangote-invest-50-billion-u-s-europe-2025/ mynd44

What if this Entrepreneur buy Nigeria out of her black-out that every Nigerian withness daily, which will create more employment for youths and the same time making his billions selling his 24/7 power supply to millions of Nigerians.

Who else repulse those sights from aircraft's window in the nights or dawn when you see those dull candle lights cluttered around our landmarks when the plane manouvering to land?

I will love to see entrepreneurs competing in Electricity industry not taking billions of dollars to Europe, Middle east and so on when your people are demanding for electricity and ready to pay for it.

Dogma of entrepreneurship is looking for solution to people's problem.

He is rich and he cannot find solution to that ojuelegba bridge mayhems that claims many lives with his careless and wicked truck drivers. You will see some of his trucks that fails safety checks. Roads are bad from the wear of trucks using those roads although, not every lorries on the road is his but majority is his. What if he spend from his revenues to repair those roads and even claim the expenses back from the government.

I am not anti-Dangote i like him as an entrepreneur but there are some areas he need to look into to reduce mass sufferings.
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by PierreDeFermat(m): 2:16pm On Aug 17, 2017
medolab90:
Dangote is soon gonna be the world richest man
Richest man in the world with the way Mark Zuckerberg toppled him and left him far behind? is it that easy? he's not taking steps forward lately to achieve that anytime soon,or do you think its easy to take over the likes of Bill Gates,Warren Buffet,etc? encourage him to not involve in charity and encourage those other guys to get actively involved in charity,it doesn't mean Dangote can overtake them that easily.
now,my question is if he becomes richest,will you gain one kobo from that? his money belongs to him and his family alone jare. try to be world richest yourself rather than living your life for someone else
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by PierreDeFermat(m): 2:22pm On Aug 17, 2017
samsilo:

You don't know anything about Dangote . He deliberately got his cement business and Dangote sugar refinery listed on the stock exchange because Forbes and other international rating agencies do not recognize the value of any business from the owners words only .
The 12 billion dollars represents his publicly listed assets . The man is worth sever more billions from his other unlisted assets .
mumu. you know that much about his business even more than him cos you at his PA or houseboy. just keep deceiving yourself. third world fool
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Nobody: 2:25pm On Aug 17, 2017
When you hear of Dangote, you picture a man, right? When I hear of Dangote, I picture all these crooked politicians hiding under his business as a stakeholder.. They are all criminals.
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by PierreDeFermat(m): 2:27pm On Aug 17, 2017
deenee:



Nigerians are not honest and always look for shortcut. He was given the opportunity and he is maximizing it.
Dangote is the single largest employer of labour in the private sector.

The trio of ifeanyi UBA, Dangote and Famfa all got license to build refinery.

While ifeanyi UBA is busy buying expensive watches and cars and also duping the Govt by selling off fuel reserves. Famfa has sold her license to the chinese.

Dangote is the only one who is taking on the business risk to invest his own capital to actually build and operate and refinery.


This alone once complete will be a game changer in the downstream and mid stream oil and gas sector and also create jobs.

And you have the guts to throw stones at him?
How dare you?....what have you done for Nigeria?
would he have done all the labour by himself? the type of charity Warren Buffet and Bill Gates do is what I call contributing to nation and not employing people when their salaries are not times ten of normal salaries. every business man employs people. I myself have people I employ and have employed but that doesn't mean I contribute to the country in any way.
stop having this slave mentality. no wonder why whites colonized you so easily
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by PierreDeFermat(m): 2:33pm On Aug 17, 2017
sweatlana:
Pls do u know anyone who has benefited from the Dangote foundation?

Just asking.
benefit? when he's not foolish like Warren Buffet that went to put $30.1billion into charity,now he's not the world richest anymore. Dangote is smart,he's trying to be the world richest by not given much into charity because he doesn't want to be like Bill Gates that drops from number 1 to number 2 all the time in the name of giving too much to charity
Re: Dangote To Invest Up To $50 Billion In U.S., Europe By 2025 by Ibnjurayj(m): 2:35pm On Aug 17, 2017
PierreDeFermat:
Richest man in the world with the way Mark Zuckerberg toppled him and left him far behind? is it that easy? he's not taking steps forward lately to achieve that anytime soon,or do you think its easy to take over the likes of Bill Gates,Warren Buffet,etc? encourage him to not involve in charity and encourage those other guys to get actively involved in charity,it doesn't mean Dangote can overtake them that easily.
now,my question is if he becomes richest,will you gain one kobo from that? his money belongs to him and his family alone jare. try to be world richest yourself rather than living your life for someone else

I like that jare, Bill Gates isn't only an entrepreneur but also innovator and philantropist. Dangote is African richest and Nigeria is still like 500 years backward. Apart from employments he create I'm not seeing any other improvement and benefits the masses get from him maybe his trucks even add more damages to our roads.

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