Zico5:
Nigeria is a country full of criminals, supervised by criminals and judged and criticized by the same set of criminals cos they are not part of the crimes.

Kukutente23:

I don't get

pocom35:


LOL ..isn't that the support he should get for embarking on a $20bn project ..no human no earth has ever done in Africa.. and you think he can do that with his bare hands.. you look at the state of the economy.... we both know that one of the things that brought this far is the lack of a refinery.. now someone comes to correct not by building one to meet half of out needs but all and surplus for exports..and you think he doesn't require incentive to do it?

don't get me wrong though ..his crime here isn't stealing forex but acquiring them wrongly ..after all he was putting them all into the Nigerian economy by investing in all his project..

politicians have stolen 20x and stacked them foreign banks ...Abacha is a sample, they are not hated as much as someone taking the risk to better the country.. What a warped logic you are saying, in short you are saying that an armed robber who kills and maim people and steal thier cash and magnanimously spray that cash on bystanders should be pardoned and given national honours abi, are you sure you are okay?

tishbite42:
Na wa o
Fulanis and Yorubas wan wreck this country kpata kpata

JaneYave:
I meant it is a brilliant answer. You enlightened me. Thank you

aybabz101:
I had an arguement with someone on this platform that Dangote is one of the worst things to have happened to Nigeria. Exploiting his connections with the rogue government officials to siphon the Nigerian population....his cement is another thing...

He cant compete fairly...all his other ventures especially in the food industry was a totall failure....his successfull businesses are the cement and sugar industries which technically are a monopolistic industries in Nigeria

His refinery was practically built by the Nigerian government....he was given tax rebate, free from customs duties and dollar sold to him at a very cheap rate, far below the official CBN rate....

The man is a leech and Nigeria really needs to get rid of him

seeker121:
Nothing will come out of this report am pretty sure it will be thrown away without second thoughts.
The best thing is to japa from this clime if not your mental health will be seriously affected if you want to keep thinking about how corruption has eaten deep into our system smh.

Onefornaija24:


DO Jiji ADS WORK for gadgets like phones and laptops?

Is the VIP advert package worth paying for on Jiji?

franchasofficia:
Who doesn't know that Aliko Dangote became the unmerited Billionaire he is today through CBN FOREX waivers he uses to do his usual Dollar round-tripping that makes him billions weekly?


Let me explain this for the lay men and women on this forum.


Aliko Dangote will go to CBN in the guise of helping to grow Nigeria's economy to collect waiver to buy Dollar at CBN official rate of say 450 naira per $1 and then Dangote will buy like $500million dollars at $1 = 450naira.

Then he will go to black market to sell it at $1 = 750 naira and make 300 naira per $1.


Multiply 300naira by 500,000 that's Dangote's profit in one single FX transaction and he will use all these free money he makes to crash cement price to push Lafarge Cement and others from the market using illegal price slash.



This is how Dangote and many other unmerited Nigerian Billionaires became illegal Billionaires they are while the few hardworking Nigerians labor daily for peanuts.

Wodu89:
And Humpty Dumpty had a great fall.


Dangote had long been dangerously and ferociously cannibalizing the country. A few elites have been longing for it's end.


From severe monopolistic advantages to unhinged access to subsidized forex rates and all sorts, the country was bending it's back backwards for this individual. It's hi time Dangote left Nigerian economy alone.


I had longed complained about Dangote and CBN regarding this :


On a continued basis over the years and contrary to the approvals, Emefiele’s CBN continued illegally supplying money from Nigeria’s treasury at cheaper rates to Dangote Group



This is the height of it :



To further highlight the brazenness of these actions, it recently came to light that the suspended CBN Governor, Godwin Emefiele, had borrowed USD 1 billion from Afrexim Bank in the second quarter of 2023, USD 750 million of which was illegally funneled to Dangote at a concessionary rate. These funds were subsequently transferred to Dangote’s account abroad just as previously done in the past





We borrowed $1 Billion at let's say 600 Naira per dollar, then had it stolen and gifted to Dangote at 200 Naira per dollar in the name of industrialization of the country.



Stop voting people whom the northern canal draws close to. Much of these kinds of truths would not surface when you continue doing so. This is what Chief Adebanjo had been crying over for years.


Many youths are wasting away and are mere dead beings in walking human shells. Stop the thnic and religious biases and support individuals that have a strong desire to change the narrative


Dangote is a crook


If CBN is investigated.iger the past 8-12 years, we will realize that the country has long been sold to Dangote

Kukutente23:

I'm just curious why the answer was so important to you.

JaneYave:
it was exact. Really on point 👍

Mrniceguy001:


Is it not 🚫 Nigeria again? Nothing will still happen to him because No evidence 🧾

Nigeria my kwantree

tommy589:
Interesting

They really grabbed Nigeria by the balls