SoNature:
All the news about companies' performance we read on Nairaland is being deficit upon deficit. Does it mean no company makes money in Nigeria? If so, why are they still in business?

Do you know how many pack up yearly? Please go and read the reports from the manufacturers association of Nigeria

RepoMan007:
that means the loss is talking about what could have been made as profit and not necessarily what was lost to sluggish sales.

What are you talking about? The first part of your statement doesn't make much sense.
Loss isn't what could have been made in profit.
It means you put more into the business that what you received.

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CountinBlessins:


Exactly!! alot of coys like Dangote were engaged in unethical anti progressive practices. Tell me if Dangote was so good to our economy , he has been running a government backed monopoly on sugar and cement for decades , why dont we have a sugar cain plantation? why dont we have billionaire farmers who made billions from selling sugar to dangote for decades? are you seeing it clearly?

People like Dangote are a danger to Nigeria and her economy! Dangote used his fulani cabal backed monopoly to excavacte and evicerate the Nigerian economy and people while enriching the countries they imported from while answering the name Local business mongul.

Where are the farmers who have been making billions from selling sugar from their plantation to dangote to make sugar for decades? where are the salt billionaires he made who ahve been selling salt raws to him to refine into trable salt for decades?

While i am angry with Tinubu, if only you know what the fulani cabal used dangote to do to the Nigerian economy for decades you will know why the conomy is this terrible, Look no further than the Fulani cabal, unfortunately Tinubu realized this too late. He taught the fulani were his friends, remember the fulani and yoruba are one mantra? Tinubu came to power using the igbo hate as his moto now it's all back fired

Oga Tinubu won overwhelmingly among the Fulani population. They are his friends. He supported a Fulani president for 8 years even when all could see that Buhari was destroying the country.
There isn't any difference between him and the people you choose to blame.
At least we know the source of Dangote's billions, what is the source of Tinubu's billions?

CountinBlessins:


I didnt ever bring in tribal supremacy. You are too emotional, you need to learn the difference between facts & truths versus bias. truth is said to be painful for a reason. Tinubu ran a tribalistic campisgn and painted igbos as bad then went on to tell the whole nation how yoruba nd fulani are one!!! But alas today the same fulani are ntry desperately to topple his government. And the same tinubu is trying to bring the very igbos he vilified to his side. who is the bad one here?

Someone is correcting you and you call him emotional. When you make an issue about tribe in Nigeria, you only want to further divided your listeners.
You are openly telling the fulanis on this forum that they are the problem of Nigeria and they deceived Tinubu.

tctrills:

Someone is correcting you and you call him emotional. When you make an issue about tribe in Nigeria, you only want to further divided your listeners.
You are openly telling the fulanis on this forum that they are the problem of Nigeria and they deceived Tinubu.

If you chose to be objective, point out one lie i told

Watinhapen:
I suspect these companies are just recording loses all over the place so that they don’t pay dividends to their shareholders. If you’re actually recording loses, how then are you still in business? Shareholders need to actually investigate these companies.

Dangote owns more than 50% of his companies. He has the controlling shares so he can choose not to pay dividends if he likes. He does not need an excuse.
Payment of yearly dividend is not compulsory.

tctrills:

Oga Tinubu won overwhelmingly among the Fulani population. They are his friends. He supported a Fulani president for 8 years even when all could see that Buhari was destroying the country.
There isn't any difference between him and the people you choose to blame.
At least we know the source of Dangote's billions, what is the source of Tinubu's billions?

This is not true

CountinBlessins:


This is not true

You mean Tinubu did not win among the Fulani population? Hmmm

tctrills:

You mean Tinubu did not win among the Fulani population? Hmmm

No he didnt, Kwakwanso and Atiku took the entire North. He stole the mandate he currently uses

CountinBlessins:


If you chose to be objective, point out one lie i told

You obviously are not getting it. You did not tell a single truth.
Your entire story of the Fulani cabal and what they are using Dangote to do is pure conspiracy theory.

CountinBlessins:


No he didnt, Kwakwanso and Atiku took the entire North

Tinubu won more states in the north than both men added together.

tctrills:

You obviously are not getting it. You did not tell a single truth.
Your entire story of the Fulani cabal and what they are using Dangote to do is pure conspiracy theory.

Is it? Well you are jus t being emotional and that is something i cannot help you with unfortunately.
Bye

tctrills:

Tinubu won more states in the north than both men added together.

Again this is another lie. He rigged himnself into power, meaning he stole results belonging to others.

QED

CountinBlessins:


Again this is another lie. He rigged himnself into power, meaning he stole results belonging to others.

QED

Your courts don't think so QED

CountinBlessins:


Is it? Well you are jus t being emotional and that is something i cannot help you with unfortunately.
Bye

It's ok to be emotional but it's not helpful to be argue with incorrect data and point blank lies.

tctrills:

Your courts don't think so QED

He has ruined the entire nation, economy, judiciary and the masses just do not like him. The only group behind him are the Yoruba and we all know the unposken reason why.
Unfortunately propaganda doesnt breed real love as they have found out the hard way

tctrills:

It's ok to be emotional but it's not helpful to be argue with incorrect data and point blank lies.

Aagain you confuse me with one who can help you learn to do away with emotional rants and focus on being obvejective . I am neither , i simply stated thge truth which every citizen knws, hence the genral disdain even from h is own tribe. Irony has always been a cruel patron of reality

CountinBlessins:


Aagain you confuse me with one who can help you learn to do away with emotional rants and focus on being obvejective . I am neither , i simply stated thge truth which every citizen knws, hence the genral disdain even from h is own tribe. Irony has always been a cruel patron of reality

You don't know what the truth is but yes, you have made your point.

CountinBlessins:

He has ruined the entire nation, economy, judiciary and the masses just do not like him. The only group behind him are the Yoruba and we all know the unposken reason why.
Unfortunately propaganda doesnt breed real love as they have found out the hard way

You are so tribal in your argument for one who claims not to be emotional. The Nigerian problem goes beyond this tribe or that tribe.

tctrills:

You are so tribal in your argument for one who claims not to be emotional. The Nigerian problem goes beyond this tribe or that tribe.

No it doesnt, quit playing the ostrich and pretending this isntnthe main issue! The Yoruba despite all their high crerebral prowress have proven to be really ignorant of reality or rather they pretrend it doesnt exist! You are not loved by all other tribves jus tas igbos are actually not hated as you hate them. Grow up

tctrills:

You don't know what the truth is but yes, you have made your point.

Alas we agree to disagree. Thank you for the good conversation

CountinBlessins:


Alas we agree to disagree

oya na

CountinBlessins:


No it doesnt, quit playing the ostrich and pretending this isntnthe main issue! The Yoruba despite all their high crerebral prowress have proven to be really ignorant of reality or rather they pretrend it doesnt exist! You are not loved by all other tribves jus tas igbos are actually not hated as you hate them. Grow up

The Yorubas are ignorant but you are the knowledgeable grown up. Again when you go the way of tribalism, you end up looking foolish and very shortsighted. I am Igbo and I love my people. I have not seen anyone as confused as you.

tctrills:

The Yorubas are ignorant but you are the knowledgeable grown up. Again when you go the way of tribalism, you end up looking foolish and very shortsighted. I am Igbo and I love my people. I have not seen anyone as confused as you.

I didn't hold tribe up as a flag ,I am merely stating the facts. You went onto tell us your tribe, an information I never asked for , and you went in again to assume we are kindred Igbo which again you are wrong.

Stop thinking through the lens of tribalism it won't do you any good. Mature and stop being so tribalistic and emotional

CountinBlessins:

I didn't hold tribe up as a flag ,I am merely stating the facts. You went onto tell us your tribe, an information I never asked for , and you went in again to assume we are kindred Igbo which again you are wrong.

Stop thinking through the lens of tribalism it won't do you any good. Mature and stop being so tribalistic and emotional

funny

Almunjid:
Dangote incurred loss even after increasing the price of Sugar?

. Help me explain. In other news. MTN posted a loss. How?.

Watinhapen:
I suspect these companies are just recording loses all over the place so that they don’t pay dividends to their shareholders. If you’re actually recording loses, how then are you still in business? Shareholders need to actually investigate these companies.

How MTN wan take record loss. How?. Nobody wan pay tax

CountinBlessins:


Exactly!! alot of coys like Dangote were engaged in unethical anti progressive practices. Tell me if Dangote was so good to our economy , he has been running a government backed monopoly on sugar and cement for decades , why dont we have a sugar cain plantation? why dont we have billionaire farmers who made billions from selling sugar to dangote for decades? are you seeing it clearly?

People like Dangote are a danger to Nigeria and her economy! Dangote used his fulani cabal backed monopoly to excavacte and evicerate the Nigerian economy and people while enriching the countries they imported from while answering the name Local business mongul.

Where are the farmers who have been making billions from selling sugar from their plantation to dangote to make sugar for decades? where are the salt billionaires he made who ahve been selling salt raws to him to refine into trable salt for decades?

While i am angry with Tinubu, if only you know what the fulani cabal used dangote to do to the Nigerian economy for decades you will know why the conomy is this terrible, Look no further than the Fulani cabal, unfortunately Tinubu realized this too late. He taught the fulani were his friends, remember the fulani and yoruba are one mantra? Tinubu came to power using the igbo hate as his moto now it's all back fired

Don't blame the player bro... Blame the game.

TOMMYS:
. Help me explain. In other news. MTN posted a loss. How?.

If u ask me, na who I go ask?