Send your lawyers don't go o.

Anyone that enter that office would get big-boys bracelet and all the allegation dump on their head.

money121:
Jagaban no gree for anybody

no be Naija we dey.. soon everything go calm again like cold water

APCNig:


And how do your people become billionaires? Just drugs trafficking, fake drugs manufacturing, baby factory, and human trafficking?

You have not started crying yet. By the time Asiwaju finishes with you people, you will wish him death but only your people will die

Dangote the biggest Yahoo Guy ever. Agba awo wey dey cash out millions of dollars from cbn

Nigeria

matify83:
The best quote I found this year on Nairaland is " Nigeria is a CRIME SCENE"

It is when the import of that quote hits you that you will realize that the "Snatch it, grab it and runaway with it" charge was only to secure access to our common wealth and now that they have gotten to the bag, you can all see the quantum of sleaze they are perpetrating.

We've always known that Dangote was a creation of the northern oligarchs.
He is a front for most politicians to launder our pilfered resources.

I just hope Asiwaju has to balls to carry through with this investigations from which I doubt he would be exonerated.

Another scandal loading soon.

Nigeria is a country of one week, one scandalous news.

Nigeria is an "ongoing crime scene" but who can contend with The Lord? They will eat their own flesh and drink their own blood! After which God's people will be free!

Dem go explain explain taya ground go full

Their loyalty to the company will be surely put to test


When the pressure of the interrogation don dey hot wella dem go just dey throw themselves under the bus anyhow

I can't wait for the outcome

money121:
Jagaban no gree for anybody

He need to act ruggedly oo else they already position the country in a way he hardly can succeed unless he press people neck to vomit the money out.

Audio investigation. Gazel gra-gra. They are doing all these to make people think they are fighting corruption.

We would wait and see the outcome.

If dangote is ibo.


Oh god! I don't wanna imagine the victim cry that would have ensued by now.

ribbit:
If dangote is ibo.


Oh god! I don't wanna imagine the victim cry that would have ensued by now.

Thank God o!
Because...

Let EFCC summon Betta Edu the Humanitarian affairs Minister

Chimarto:
This is how the Northerners and South Westerners become billionaires at the detriment of national wealth.

very true .

Only Igbo wealth is pure

Dangote nko?Una dey arrest only the errand boys come dey leave their masters.

Upon say Dangote dey get cheap forex,he still dey sell cement at a very high price.Wicked man.

Chimarto:
This is how the Northerners and South Westerners become billionaires at the detriment of national wealth.

Do you really think this is a fight against corruption? Well I will not say more but this is by far not a fight against corruption but personal battles and they have messed up everyone in this country.

Most past and serving Nigerian political leaders have shares with Dangote and they must protect their interest.

The manner EFCC is going about the issue is appalling. Why can't they formally write Dangote group demanding forex documents
Recall it was an open secret that the FG policy drive for backward integration was conceptualize and design such that access to forex is seamless for industrialist
Let watch and see how it goes.

Dangote refinery should be forfeited to Nigeria people. There is nothing private about that cesspool of corruption.

APCNig:


And how do your people become billionaires? Just drugs trafficking, fake drugs manufacturing, baby factory, and human trafficking?

Add fake drink manufacturing

Dangote don finish our FX.

NairalandGossip:
You have not started crying yet. By the time Asiwaju finishes with you people, you will wish him death but only your people will die

Many of those who wished Buhari death have died and are forgotten, same will happen to those wishing death on City Boy Extraordinaire

alizma:

Add fake drink manufacturing

But these babies that they produce at the numerous baby factories spread over Igbo land, are they original babies or fake babies?

Honourable1901:
Emefiele and dangote are both dollars racketeers

How can you borrow loan to build a refinery and paid back 70percent before it could kick off .. FRAUD!

I said this earlier one idiot was insulting me kindly go through the guy replies to my messages you will know that some people are bloody fools in this country, I am glad someone actually reason from my same point of view thanks for this comment 😂😂😂

DaddyJapan:


Source: https://businessday.ng/news/article/efcc-summons-dangote-officials-to-abuja-over-alleged-forex-crime

When I said something similar like this one idiot took it upon himself to reign insult on me, that’s when I understand some people are blindfolded by politics in this country

tunjijones:
Dangote has always been a criminal.

Richest man in Africa my foot. Someone that is stealing money ment for 200m people why won't he be the richest black man.

Abeg Tinubu help us press Dangote neck small.

Igbo man thinking

Efcc agency itself is dirty.

Don’t forget NIGERIA IS A CRIME SCENE

tunjijones:
Dangote has always been a criminal.

Richest man in Africa my foot. Someone that is stealing money ment for 200m people why won't he be the richest black man.

Abeg Tinubu help us press Dangote neck small.

Please explain how he had stolen money.

Is he a govt official? Has he ever borrowed money and never paid back

Is he selling fake merchandise?

Please explain maybe we are missing something

OMBIIGA:
The manner EFCC is going about the issue is appalling. Why can't they formally write Dangote group demanding forex documents
Recall it was an open secret that the FG policy drive for backward integration was conceptualize and design such that access to forex is seamless for industrialist
Let watch and see how it goes.

all des na political gragra. The previous govt made it as a policy to subsidise forex for businesses too important to fail. So I wonder what the drama is for. By this time next month, story don end.

tunjijones:
Dangote has always been a criminal.

Richest man in Africa my foot. Someone that is stealing money ment for 200m people why won't he be the richest black man.

Abeg Tinubu help us press Dangote neck small.

I hope you are aware that he has other sources of cash flow. So paying down on debt used to finance the refinery won't be a problem. He owns 85% of DangCem in Nigeria. 100% ownership of 10 other cement factories across Africa. 90% ownership of Nascon and Dangote Sugar respectively. Impressive real estate portfolio that gives good returns and a family office based in Dubai for cross border transactions.

Dangote Cement in Nigeria alone is a big cash cow and very profitable. And he has cement factories in 10 other African countries generating about 3.5 billion dollars in revenue annually.

The repayment was from other investors that bought into the refinery project. For example NNPCL bought about 20% stake in 2021 for about 2.7 billion dollars .

Other institutional investors have bought stakes in the refinery giving them equity ownership and proceeds from which have been used to pay down expensive debt.

Apparently alot of people don't understand how capital allocation along the lines of debt and equity work in a business. More importantly when to use debt vis- a- vis equity

Even if yall take the refinery from him. He is currently discussing with two countries in Sub Sahara Africa to build the largest cement factory in that jurisdiction.

God bless Nigeria
God bless Dangote