Penguin2:
Dangote has turned himself to a very sadistic capitalist.

Man is ready to impoverish the whole of Nigeria if it will give him more money.

Just like Bill Gates that is ready to infect the world with a deadly virus so he can sell vaccine.

BUA CEO was accusing him the other day of being the reason that cement is still expensive in the country. He wouldn't allow govt throw the sector open to numerous investors.

Now he's building refinery and he is already suggesting that only those with refinery license should be allowed to import fuel so that he can tighten the sector and sell a litre at #500.

The next Southern president should stop that man. Especially the cement industry. It should be thrown open to all interested investors.

Mumu go back and study Economics 101 again you have been blinded by hate, Useless Peasant Penguin from the North Pole, how did you end up all the way in Africa?

darkwan:


dangote doesnt control cement market....

i dont know where you have that from....

because i produce more bananas than you,doesnt mean i control bananas....

This is not about producing more bananas, but having over 60% share in the banana market. That is a monopoly.

It means you will be in charge of deciding the price of bananas, including making decisions on who should or should not go into the banana business (or farming).

HacheNoire:
Same US that cannot curb Jeff Bezos and Walton family

Gibberish, bunkum and balderdash.

Same America where 1% call shots for 99%

Next topic please!

Some you are educated illiterate, America system is run by ideology and rule of law. No one can wake up one morning and decide for the Americans like Nigeria

backnbeta:
We have said this several times that Dangote's business success is not merely a result of hard work but a result of favoritism. Look at sugar, pasta, flour, cement and the rest of the basic needs, he controls the price and this is very bad! There was a time Dangote wanted to control rice and later tomato paste but thankfully it didn't work for too long. The Northerners are desperate to control food and other basic needs, that's why they will make the market so tight for a Southerner to fairly compete with their almighty Dangote

If we can come up with a good blockchain technology for farmers, monopoly will end

emonis88:
I knew that, that's how he does business even bf now. In 2003 or 2004 bf d elections, he donated money to Obasanjo's second term campaign n after the election, spaghetti importation was banned n boom! Dangote spaghetti was everywhere selling like wide fire, he made his money bf Golden Penny n other companies could bring out their own product too.

all western nations protect their companies....

how do you think companies like shell,chevron and many others can do anyhow in other poorer and powerless nations and nothing happens to them....

kennyamusan:
Some you are educated illiterate, America system is run by ideology and rule of law. No one can wake up one morning and decide for the Americans like Nigeria

i disagree....
what nigeria is doing is not wrong by protectin their still young industry....

go try this your blabla with chinese,they will show you the middle finger....

atleast nigerian companies should be protected till they are strong enough to compete with this international gangsters....

Monopolists destroy free markets, dangote is an economic Hitman.....his business must be broken up.

kennyamusan:
Some you are educated illiterate, America system is run by ideology and rule of law. No one can wake up one morning and decide for the Americans like Nigeria

Shut up from your reply it is obvious you have not crossed Murtala International? he just gave the correct answer, which ideology & rule of law? You must be talking of the Peoples Republic of China?

A lot of the people condemning him here have never run a simple kiosk, successfully or otherwise.

They don't have the time or willingness to do a simple research using the most free tool, Google.

And when did WikiLeaks become the official voice of the US? Even so, the US will never favour what Dangote is doing. They prefer to take our raw materials, turn them to what we use, and sell us exorbitantly priced so-called "Foreign goods".

But what do we know? Whatever does not suit our ethnic and religious wishes has got to be the latest scam by the devil!

JohnSin97:
Monopolists destroy free markets, dangote is an economic Hitman.....his business must be broken up.

So they can give some of Dangote’s wealth to your lazy papa? Poverty + hatred will kill you in Nigeria, no wonder you are where you are, @ the bottom of the ladder. Useless Peasant Camel, instead of you to go & look for factory jobs, you are praying for the existing ones to pack up? Zombie then tomorrow you will be quick in shouting President Buhari destroyed the economy? Mumu.

Spot on! The doomed contraption is programmed to favour a handful at the expense of multitudes...

I perceive a bloody revolt is loading.

# EXTERMINATE your OPPRESSORS
# ENOUGH OF NONSENSE
# FACE YOUR FEARS

SmartPolician:


I don't know where this is coming from and how it relates to the topic, but you need to know a few facts about Bill Gates jnr.

You see, the Bill and Melinda Foundation is the world's second biggest donor foundation, coming after Danish non-profit Novo Nordisk Foundation.

No living human being has used his hard-earned money to fight diseases around the world like Bill Gates. As a matter of fact, Bill Gates is the world's greatest donor of all time.

What Bill Gates donates to UN and WHO, if you sum up all the donations from several African countries, it doesn't get close to his.

So, just before anyone says that Bill Gates is trying to kill them, just keep in mind that the old man has used his hard-earned money to fight diseases around the world more than most governments.

Ehn! Don't say that. Bill Gates has been planning world destruction SMH.

I wonder how people come up with conspiracy theories just to massage their egos.

darkwan:


all western nations protect their companies....

how do you think companies like shell,chevron and many others can do anyhow in other poorer and powerless nations and nothing happens to them....

Western nations protect their companies, but not at the expense of their other companies.

Unlike Nigeria, where several governments have protected Dangote, and allowed him monopolize many markets at the expense of other Nigerian investors.

We don't need a monopoly in Nigeria because many people are poor. When you monopolize many food industries, and allow one capitalist to decide prices, how would the average poor Nigerian survive?

QuotasSystem:
Total rubbish from the fake news mongers people's gazzette.

If you hold them to the light now, they won't be able to produce any credible US source of this report. Which agency, department or official? Wikileaks is now a US government source? Lol they know they have a lazy, gullible audience that are willing to swallow their lies; hook, line and sinker.

How can any sane Nigerian condemn a project that will create thousands of jobs, end importation of petroleum products and boost our currency to mention a few. How?

They're just intimidated by Dangotes rising profile, especially his upcoming massive mega refinery which is giving them jitters because it is owned by the Hausa Fulani they love to hate and derogate. We see beyond the spurious facade.

They can cry us a lagoon if they wish. There is nothing they can do about Africa's wealthiest man and his great business exploits on the African continent.

If it ends importation will it reduce the price when there are no healthy competition? I wish there are many indigenous refineries in Nigeria to compete with each other. I wish the govt gives as much as they did to Dangote support to other prospective investors who wish to build indigenous refineries. I hope they encourage foreign investors who wish to build refineries in Nigeria. The implication of Dangote refineries is this, he will own all the petrochemicals that were not accounted for due to overseas refining and will employ a lot of Notherners since it is located in the north

Hamzashaf99:


Ehn! Don't say that. Bill Gates has been planning world destruction SMH.

I wonder how people come up with conspiracy theories just to massage their egos.

he doesnt know anything....

i saw videos of this guy talkin about stuffs that realy shocked me....

darkwan:


this is the thing with whites....they speak from both sides of their mouths....
become rich as you like,but not too rich....??

does that make sense to you....

It's not about the whites but about leadership. Leadership is tough and complicated, and the US wants to maintain its status as the world's leader.

If you must be leading others, you must have stinking-rich companies to pay good taxes and influence how people lead their everyday lives around the world.

So, those leading tech firms are investing so much in research to stay in business. And no reasonable government kills innovation. Even the US government funds the research of private universities...it shows you how much they value innovation.

That's why I said that they are caught up between the devil and the deep blue sea.

Brushstrokes20:
Spot on! The doomed contraption is programmed to favour a handful at the expense of multitudes...

I perceive a bloody revolt is loading.

Go to North Korea if you want socialism, In Nigeria we operate a capitalist system like United States, & United Kingdom, dog eat dog, open market operations, ordinary bit coin CBN banned they want to kill themselves, yet these same ignorant youths are asking for socialism?

darams4all:



If it ends importation will it reduce the price when there are no healthy competition? I wish there are many indigenous refineries in Nigeria to compete with each other. I wish the govt gives as much as they did to Dangote support to other prospective investors who wish to build indigenous refineries. I hope they encourage foreign investors who wish to build refineries in Nigeria. The implication of Dangote refineries is this, he will own all the petrochemicals that were not accounted for due to overseas refining and will employ a lot of Notherners since it is located in the north

their are....

problem of nigerians is you dont inform yourselves....
i remember years ago trying to convince a igbo guy in europe that nigeria produce drones too....

he didnt know....i was surprised....

HacheNoire:
Same US that cannot curb Jeff Bezos and Walton family

Gibberish, bunkum and balderdash.

Same America where 1% call shots for 99%

Next topic please!

Shut da Bleep up. They are helping the citizens with their wealth. What has dangote done for the masses? Zilch nada nothing. Tony elumelu has lifted thousands out of poverty

darkwan:


you wan tell me when their is abundant petrol,dangote will fix his own price in nigeria....??

does that even make sense to you....??

if he does that and sell more than what we could get from abroad,na still him will loose....

I'm unmitigatedly sure we will NEVER HAVE all this in ABUNDANT. and IF we have it in abundant, he will prefer to export them.
For instance, if you owns a hot-cake business you worked earnestly and spent billions to established, will you allow one person to control your price for you?
Remember, not just anyhow business, largest in Africa. the Government failed severally.

Igbochief001:
Dangote used to be my role model till I studied deep into his business ....baba knows almost nothing about business ...just believe in controlling government to his favor

Most of his real business with competition failed

Sugar ? He was sacked by the new owners
Noodles ? We all know
Pasta ? Flop
Tomatoes ? Flop

Rifinary is the most difficult business to run , so that's why he inflated the project cost by over 100 percent , CBN sold him dollar at almost 70% less than market price ( in the real sense Nigeria contributed 50% of the rifenery project ) ....the real money is in petrochemical .... would Nigeria kill eleme petrochemical for dangote ? Let's watch and see

influencing government decision profitably is also business

Haben1:


I'm unmitigatedly sure we will NEVER HAVE all this in ABUNDANT. and IF we have it in abundant, he will prefer to export them.
For instance, if you owns a hot-cake business you worked earnestly and spent billions to established, will you allow one person to control your price for you?
Remember, not just anyhow business, largest in Africa. the Government failed severally.

haha....true talk....

megacity:
It is not true

Dangote businesses are not harmful to Nigeria. He is creating jobs, producing quality products and contributing to national GDP.

Maybe harmful to US interests because some of the stuffs he produces can't be imported into Nigeria but why should Nigeria care about that?

Everyone should care about their own country first according to a certain Donald Trump

Ahhh. Na wa o. Go and read the piece again. Other companies are being restricted while Dangote is being allowed to. That means in few years, Dangote will rule everything and you will pay your hard-earned money to him to buy everything you need at his own price alone since there won't be other options. You still don't understand? I pitty you!

BluntTheApostle:


Western nations protect their companies, but not at the expense of their other companies.

Unlike Nigeria, where several governments have protected Dangote, and allowed him monopolize many markets at the expense of other Nigerian investors.

We don't need a monopoly in Nigeria because many people are poor. When you monopolize many food industries, and allow one capitalist to decide prices, how would the average poor Nigerian survive?

What are you whining about Hater? Before Dangote joined the club there was Lever Brothers, UAC, Lafarge Cement & others that produce the same commodities as Dangote & still produce & control their own share of market space, so what are you complaining about Lazy Man? People should work so they can come and spoon feed a lazy person like you?

favor914:
Go to North Korea if you want socialism, In Nigeria we operate a capitalist system like United States, & United Kingdom, dog eat dog, open market operations, ordinary bit coin CBN banned they want to kill themselves, yet these same ignorant youths are asking for socialism?

Hey! Deranged bitch! Bleep off my mentions!
I don't converse with irredeemable Lunatics!

Igbochief001:
Dangote used to be my role model till I studied deep into his business ....baba knows almost nothing about business ...just believe in controlling government to his favor

Most of his real business with competition failed

Sugar ? He was sacked by the new owners
Noodles ? We all know
Pasta ? Flop
Tomatoes ? Flop

Rifinary is the most difficult business to run , so that's why he inflated the project cost by over 100 percent , CBN sold him dollar at almost 70% less than market price ( in the real sense Nigeria contributed 50% of the rifenery project ) ....the real money is in petrochemical .... would Nigeria kill eleme petrochemical for dangote ? Let's watch and see

Useless Failure who asked for your myopic imagination & interpretation?, go back to shipping & trafficking drugs, at least your so called Billionaires have a comparative advantage in that sector.

jlinkd78:
Who doesn't know, a business model inimical togiving others equal competitive chances but skewed everything to favor Dangote obviously can't encourage others to thrive leading to monopoliseandtic tendencies and arbitrariness in pricing fixation

who wan patronise am when BUA dey dia

but you nigerians should consider that,petrol in nigeria is still cheap....

in europe you pay over 600naira for a liter of petrol....

if una dont try to balance now,una will start payin like other western countries....

look the price of houses now....things are soo expensive like abroad,but you earn much less
than abroad....

Brushstrokes20:

Hey! Deranged bitch! Bleep off my mentions!
I don't converse with irredeemable Lunatics!

Sorry North Korea is too extreme, go to the People’s Republic of China you may run into Jack Ma, then you can complain about monopoly.

Difrent:


And you think it's the USA that should be telling us that?
Rockefeller, rotschilds , Ford's....all these families made generational wealth due to favouritism of america government. The same America that house apple ,facebook and google (the big 3) these companies KILL competition with the connivance of the American government....have you ever wondered why the big 3 are always having problems in europe and Asia ? It's because europeans and asians see them as threats to their own tech companies and have to restrict their use and in some case like france tax them heavily ,while american government is only concerned about privacy issues with the tech companies .
The same person you are accusing here doesn't control the petroleum industry where the big money is I would be bothered if he owned She'll or Chevron.... even as commodities merchant , he don't control noodles , pasta, milk, and is not even visible in the poultry industry with minimal show in agriculture. There's no business he does that others are not doing but like everywhere there must be leaders and him being an industry leader in cement is just as it should be , if not Dangote it could be someone else......or is the opposition just because he happens to be a northerner . I remember years back , most nigerian rich men were southerners...the Abiolas , the dehinde fernandez, the harry akandes of this world

Please let's face the issue under discussion. Point out how US govt made policies to favour amazon against other US companies. I believe that's the analogy we are looking at here.

favor914:
What are you whining about Hater? Before Dangote joined the club there was Lever Brothers, UAC, Lafarge Cement & others that produce the same commodities as Dangote & still produce & control their own share of market space, so what are you complaining about Lazy Man? People should work so they can come and spoon feed a lazy person like you?

So, how does criticizing an obvious monopoly amount to the critic being a lazy man?

Penguin2:
Dangote has turned himself to a very sadistic capitalist.

Man is ready to impoverish the whole of Nigeria if it will give him more money.

Just like Bill Gates that is ready to infect the world with a deadly virus so he can sell vaccine.

BUA CEO was accusing him the other day of being the reason that cement is still expensive in the country. He wouldn't allow govt throw the sector open to numerous investors.

Now he's building refinery and he is already suggesting that only those with refinery license should be allowed to import fuel so that he can tighten the sector and sell a litre at #500.

The next Southern president should stop that man. Especially the cement industry. It should be thrown open to all interested investors.

China didn't grow by letting Americans flood their market with their products, it grows by encouraging locally produced goods while discouraging importation of same. And today, China is standing chest to chest against America.
Talking about refinary license for importation, it is a welcome idea for me but government should have a plan of let say 10years to put it in place. Hence, the government can come out and say, in the next 10years, only those with license and operating refinary, operating at certain minimum capacity can import fuel in the country, believe me, before 10years we may have up to 5 operating refinary in Nigeria and I hope you know what that means for our growing unemployment and dwindling economy?
It is a welcome development to say a business man is interested in his profit while making suggestions, of course profit is his reason for going into businesses in the first place so you can't blame him for being interested in his goal. However, you can adjust his suggestions to achieve national goal. This is exactly what I expect from all of us rather than criticising him.
If you look at the message carefully, you will notice that America also talked about it's interest