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Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th (44776 Views)

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Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 8:41am On Aug 11, 2021
DaddyYankee:
When was Dangote the 25th Richest man on Earth? This man makes toomuch noise. Then if you are saying Goodluck made him richer! Did Goodluck give him Government money?

Read... ignorance does not pay..

He was even 23rd in 2014 and yes, GEJ's admin definitely gave him a better buying economy.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 8:41am On Aug 11, 2021
eldoradoxx:
In your warped mind you believe that it is Reno Omokri's evil wishes rather than the failed government of a sick deranged old men that you guys elected in 2015 that brought Dangote down from the 25th position to 117th position in just 6 years. I weep for you and other ignorant fellows here who cannot make a single connection between the quality of government you have and the quality of life you lead. When Dangote was 25th richest man on earth under Jonathan, he needed just #190 to get one US dollars needed to procure vital equipment for his company operations abroad. Today he needs more than #400 to get same $1. The implication of Dangote falling from 25th to 117th in just 6 years is that similar to what you guys are experiencing in the economy today, the economy has shrunken by more close to Whooping 500%. This means that what u bought for #100 under Jonathan is now about #500 under Buhari. A man who earned minimum wage of #18,000 under Jonathan from 2011 to 2015 earned about $100 per month, today, the worker who earns Buhari's #30,000 minimum wage earns less than $70. For 6 years you guys in Nigeria have been progressing into mass poverty without knowing it. So it is not about anybody's evil wishes, it is about a people that listened to message of Change by criminals like Tinubu and Amaechi and El rufai to impoverish themselves electing a man who has not the competence of managing a Puff Puff making shop just to spite some people
even with your nice analysis, you still failed to understand that GEJ would have failed woefully if he had continued from 2015. From 2010 to 2013, what wonders did GEJ perform except for the favourable global oil price? Do you think he did anything extraordinary? Why was he borrowing to pay salaries btw 2014 and 2015 when the economy was in good shape?

I really don't care about Buhari and his failed govt, but pls spare us the good name you're giving GEJ. He's a failure also.

1 Like

Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by DaddyYankee: 8:42am On Aug 11, 2021
Esseite:


Read... ignorance does not pay..

He was even 23rd in 2014 and yes, GEJ's admin definitely gave him a better buying economy.
Ignoramus comot here Ipob miscreant
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Plut01: 8:43am On Aug 11, 2021
.

Dangote is not complaining........


.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 8:43am On Aug 11, 2021
Gabkosh:
Lies, he has never for once entire first 100. Lie small small reno

Read..

Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by criuze(m): 8:43am On Aug 11, 2021
The problem is dangote wrongfully investing in petroleum refinery when the future of fossil fuel in under a no distance threat

The report of yesterday says dangote refinery might been confiscated by financiers and Energy Agency, as completion had eluded several deadlines mounting to huge depths.


Let's compare with Elon musk who investing in future and green energy solution , that would yield enormous benefits for helping the masses cut the cost of power and saving the planet, and what about investors confidence



Nigeria is obsessed with oil just as Thurin was obsessed with gold
Even when the red line has been crossed


Dangote can always remain rich but for analysis and economy, there's an error he bluntly yielded to
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by AnanseK(m): 8:43am On Aug 11, 2021
And what number is Reno Omokri in that rating?
He can’t be such a loyal worshipper of Good Luck Jonathan just for a few Millions.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 8:44am On Aug 11, 2021
DaddyYankee:
Ignoramus comot here Ipob miscreant

Stop masking illiteracy with nitwit comments... education saves.

Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by muyeski21(m): 8:45am On Aug 11, 2021
EBMedia:
Reno Omokri has blamed Nigerian President Muhammadu Buhari for Aliko Dangote's fall from the 25th richest person on Earth to the 117th, IgbereTV reports.

Sharing a photo of himself and former President Goodluck Jonathan, Reno wrote on Instagram;

Reno wrote;


https://www.instagram.com/p/CSZl99zFP7K/?utm_source=ig_web_copy_link

Reno omokri real people don't take u serious. How will compare the wealth made during Jonathan to buhari, Jonathan would have saved these country from mess but he chose to satisfy political cabal. Nigeria made the highest revenue from crude oil during Jonathan era

1 Like

Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 8:46am On Aug 11, 2021
franciskaine:
thumbs up dude. Its very commonsensical to see whr Dangote goofed. His business advisers made bad decision afterall. Who builds such gargantuan refinery when the world is going clean energy. Rest assured that refinery will be devalued 50 fold when it's completed. Dangote was only being nationalistic to a failed course. If Dangote had invested in anything to generate clean energy in Nigeria, I'm certain he would have climbed the rich ladder more and more.

Lol.

Also, look at his tomato paste plant. The idiotaaas he calls advisers are wrecking him. He is losing daily. How many businesses of Gates and Musk have been in total wreck that you know of?

The tomato business has no government backing...lol. There is no monopoly. Lol. In fact, what that sector needs is an innovative person to take the market. He cannot do it. The only way is that another person solves the problem in the tomato industry, and Dangote will use his power to kick the person out and monopolize it. This is what he felt he was going go do in oil. Lol.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 8:48am On Aug 11, 2021
DaddyYankee:
When was Dangote the 25th Richest man on Earth? This man makes toomuch noise. Then if you are saying Goodluck made him richer! Did Goodluck give him Government money?

You sound bereft of common logical reasoning.
The way some of you spit opinions on issues leaves no wonder as to why this country is being led by the nose like a bull to the slaughter slab.

Godforbid!
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Solatium(m): 8:48am On Aug 11, 2021
EBMedia:
Reno Omokri has blamed Nigerian President Muhammadu Buhari for Aliko Dangote's fall from the 25th richest person on Earth to the 117th, IgbereTV reports.

Sharing a photo of himself and former President Goodluck Jonathan, Reno wrote on Instagram;

Reno wrote;


https://www.instagram.com/p/CSZl99zFP7K/?utm_source=ig_web_copy_link



And you sure say this guy go school?
Dangote is financing a very huge project that has eaten deep into his wealth,he has little funds to play around with,by the time he finishes with that refinery project he will worth double of his present worth under 5yrs.
No be rocket science na simple economic indices now
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by DaddyYankee: 8:49am On Aug 11, 2021
Buddha3:


You sound bereft of common logical reasoning.
The way some of you spit opinions on issues leaves no wonder as to why this country is being led by nose like a bull to the slaughter slab.

Godforbid!
Ya papa abi
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by DaddyYankee: 8:49am On Aug 11, 2021
Esseite:


Stop masking illiteracy with nitwit comments... education saves.
Ya papa abi. I am not ya papa
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by LagosAirport: 8:50am On Aug 11, 2021
Well dangote has businesses in different countries and States
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Pussyassasin(m): 8:50am On Aug 11, 2021
Suspect33:
I'm still waiting to see how the office of V.P has improved the lives of the Yoruba people, bcus that's the sole reason they voted this failure of a president twice

Isn't it an irony how the self acclaimed most education people in the country were played by the perceived dumb people
Most "education people"[center][/center]
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by sulaak(m): 8:54am On Aug 11, 2021
Dangote is a political billionaire created by OBJ by selling Nigeria cement assets at rock bottom price, his first attempt to build a petrochemical business from scratch is now a total disaster with current debt is $8.4 billion on $12 billion infrastructure that has still not been completed.

I hope Dangote succeed in his venture, but an entrepreneur requires skills beyond political patronage, a smarter businessman would have built a smaller refinery train and grow the business from there onward.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by IbileIfe: 8:54am On Aug 11, 2021
Reno Omokri is right and even missed two positions, because Alhaji Aliko Dangote was the 23rd richest person in the world in 2014
World's Billionaire List 2014
https://stats.areppim.com/listes/list_billionairesx14xwor.htm

Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 8:54am On Aug 11, 2021
DaddyYankee:
Ya papa abi

Scores of dunces thoughtlessly defending incompetence and mediocrity for paltry personal gains and profitless political affiliations.

Mtscheww!

1 Like 1 Share

Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by sunnnnyuu(m): 8:54am On Aug 11, 2021
EBMedia:
Reno Omokri has blamed Nigerian President Muhammadu Buhari for Aliko Dangote's fall from the 25th richest person on Earth to the 117th, IgbereTV reports.

Sharing a photo of himself and former President Goodluck Jonathan, Reno wrote on Instagram;

Reno wrote;
It's also Buhari's bad government that cause billgate become 5th from 1st


https://www.instagram.com/p/CSZl99zFP7K/?utm_source=ig_web_copy_link
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Solatium(m): 8:55am On Aug 11, 2021
criuze:
The problem is dangote wrongfully investing in petroleum refinery when the future of fossil fuel in under a no distance threat

The report of yesterday says dangote refinery might been confiscated by financiers and Energy Agency, as completion had eluded several deadlines mounting to huge depths.


Let's compare with Elon musk who investing in future and green energy solution , that would yield enormous benefits for helping the masses cut the cost of power and saving the planet, and what about investors confidence



Nigeria is obsessed with oil just as Thurin was obsessed with gold
Even when the red line has been crossed


Dangote can always remain rich but for analysis and economy, there's an error he bluntly yielded to



Look at a man who has not invested ₦10million in his life saying a Multi billionaire made a mistake by investing in petrochemical refinery?
You think he just became a billionaire overnight? someone who has the best of financial advisers all over the world with a personal great farsight.
Some of you need to get down and read up on what petrochemical refineries can bring apart from what you are being feed in the press.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by LagosAirport: 8:58am On Aug 11, 2021
M
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Razy75g: 9:00am On Aug 11, 2021
Monogamy:
And this same Reno guy has been parading himself as a pastor.

A pastor that always want to be vindicated with evil wishes

Carlom Slim used to be number 1 richest man in the world, which position is he currently in on the list? Should Buhari also be blamed for that?

you sound like a dullard
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Zenithpeak(m): 9:00am On Aug 11, 2021
He was 25th on frobes list when Nigeria has economic blueprints and the ease of doing business was guaranteed. Not too bad Naira to Dollar exchange rates.

But under this current administration, economic situation is directionless! Naira is at its all time weakest low against other reasonable currencies of this world with tendencies to even go down the more in coming months.

I remember during former president Goodluck Jonathan administration, whenever he's traveling to any country, he always travelled with Nigeria top businessmen to explore business opportunities in another land to further enhance our local economy by international bi-lateral agreement in trade and investment.

Obtaining visas to other countries was becoming easier, sanctions were being lifted, debts were being forgiven, Nigeria economy is becoming a force to recon with.

At that time, the worth of Nigeria made businessmen billionaires was rising fast in the international community and many other businessmen were also aspiring to climb the ladder.

But all the sudden, the spirit of Lie Muhammed took the centre space and Buhari became the President and that is the onset of our new realities.

Everything we thought we have gained under the imperfect administration of former president Goodluck Jonathan was eroded within a twinkling of an eye and Nigeria became international beggar country once again!

Our international businessmen billionaires led by Dangote Aliko and their businesses were caught up in the web of lack of economic blueprints and bad governance policies.... SMH.

If we are running a viable business environment in Nigeria, Dangote, even with the albatross of the ongoing construction of his mega refinery around his neck should not be this down and backward... but no thanks to this administration and their incompetencies in all spheres of human endeavors.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by pjc(m): 9:00am On Aug 11, 2021
Apparently the drop has a lot to do with the current exchange rate vs in 2013.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Nobody: 9:00am On Aug 11, 2021
One thing i love Reno for is his loyalty to his former boss.Is a rare trait these days.

1 Like

Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Bennysam: 9:02am On Aug 11, 2021
Rozcol:
Any man that talks too much is irresponsible
Say by a responsible woman
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by coronavirus19: 9:05am On Aug 11, 2021
Charlesmore:
Ps2 available in ogunstate with complete two pad and memory with different game installed. 09012188428
5k
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by Emola12(m): 9:05am On Aug 11, 2021
maybe mr buhari don go borrow money from in hand who knw!!
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by breathelove(f): 9:05am On Aug 11, 2021
EBMedia:
Reno Omokri has blamed Nigerian President Muhammadu Buhari for Aliko Dangote's fall from the 25th richest person on Earth to the 117th, IgbereTV reports.

Sharing a photo of himself and former President Goodluck Jonathan, Reno wrote on Instagram;

Reno wrote;


https://www.instagram.com/p/CSZl99zFP7K/?utm_source=ig_web_copy_link
This is stupid talk from Reno.
How does Dangote''s wealth concern us.
This is a billionaire who strives and grows from a government supported monopoly and a harsh business environment.
His increase in wealth is not an evidence of good governance.
The problem with Reno is that he talks all the time so he ends up saying the good, the bad and the stupid.
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by sylve11: 9:06am On Aug 11, 2021
eventainment:

Lol no likes no shares how e come be for you



grin grin cool
Re: Reno Omokri: Dangote Was 25th Richest Person On Earth, Why He Dropped To 117th by techWriter1: 9:06am On Aug 11, 2021
Facts!Dangote could have walked top 10 but hey, na my nephew my nephew I wan have.

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