₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,331,064 members, 8,448,507 topics. Date: Monday, 20 July 2026 at 12:39 PM

Toggle theme

Dammyseyon's Posts

Nairaland ForumDammyseyon's ProfileDammyseyon's Posts

1 2 3 4 5 (of 5 pages)

RomanceRe: Hell Hath No Fury Like A Woman Scorned!!! A True Story. by Dammyseyon(m): 11:05am On Apr 26, 2021
Omo your story is so exciting and captivating. Do sharp update abeg
PoliticsRe: How Security Forces Neutralized Ikonson, Other "Unknown Gunmen" by Dammyseyon(m): 10:05am On Apr 25, 2021
maasoap:
North had been under the siege of the FG since 2009 when Yaradua was travelling out of the country and instructed the army to crush all the elements of Boko Haram, that was when Boko Haram first took up arms and attacked government institutions. Today, South East people are going the same path, attacking and killing security agents and setting security facilities ablaze. Different ideologies and demands but the same path of destruction. Before you know it, displacement of innocent people will follow. Anyway, UK has offered asylum for the displaced people
I admire informed people, you absolutely right. But if we are to go by your observation, the east is on the path to be another insurgent ground for killings and displacement. Another thing is, how many displaced IPOB can the UK absorb? This matter no be small thing oo
PoliticsRe: How Security Forces Neutralized Ikonson, Other "Unknown Gunmen" by Dammyseyon(m): 9:19am On Apr 25, 2021
Lifestone:
I am always not comfortable with Igbos comparing themselves with the happenings in the North, God forbid. Nobody wishes that. Please stop that. There is more to lose in the East than in the North
I agree with you, but the north is as important as the east if you were to ask me. Nobody wishes for the disaster in the north to befall the east but look at the swift response and manner of attack the government used in combating the east compared to the north as if the east is about to go under siege of terrorist. Na wa oo
PoliticsRe: How Security Forces Neutralized Ikonson, Other "Unknown Gunmen" by Dammyseyon(m): 8:30am On Apr 25, 2021
Lifestone:
I am. Shocked at this comparison. Do you ever wish the South East to be like the North East?
So you agree the south east isn't as rigid as the north east? If a governor can say Bandits are not criminals (simply because he is protecting his people), people who kill and reap where they don't sow why haven't they been combatted the way the east is been combatted?
PoliticsRe: How Security Forces Neutralized Ikonson, Other "Unknown Gunmen" by Dammyseyon(m): 8:27am On Apr 25, 2021
maasoap:
I hope their corpse are on the way to UK for asylum. Lol. UK government is confused. How could you extend amnesty to killers and arsonists who are attacking and killing security agents unprovoked and setting police stations and patrol cars on fire? But then, I hear say the UK government don dey get sense small small after their initial silly act
But Nigeria government can grant amnesty to blood sucking BH fighters and pay ransom to northern bandits and kidnappers? The UK that wanted to grant asylum, you think they don't know what they were saying? How many times has Boris Johnson been to Nigeria on medical trip or sabbatical? All these issues needs to be addressed. I'm against IPOB as well as against every other thing detering the peace of this country, IPOB is not the major problem, combat the rest of insecurities in other zones the way you did in the east. Enough is enough
PoliticsRe: How Security Forces Neutralized Ikonson, Other "Unknown Gunmen" by Dammyseyon(m): 8:15am On Apr 25, 2021
I honestly isn't a fan of IPOB or ESN or Unknown gun men or whatever it is they call them. If our Military and security agencies can create a task force against IPOB in the eastern region why are the Fulani herdsmen or Bandit or ISWAP or whatever they are called operating freely and unopposed up north? Nigeria tire me o. Or our government is trying to tell us IPOB is anti-democracy while Banditry is Pro-democracy? Isn't it obvious there is segregation and inequality in this country? The north always have the special preference and upper hand. Eastern politicians are radical, lackadaisical and not future oriented. Their tenure will elapse but their people will remain. Wtf!!!
Foreign AffairsRe: Emmanuel Macron Holds Hajia Hinda Deby During Husband's State Funeral by Dammyseyon(m): 8:02am On Apr 24, 2021
Resurrection212:
Even despite the warnings gave to him to stay away from the country. Africa needs to rise up against the whites that systematically colonize them.

This is what we are telling ipob to reject British offer well the UK ship is ready to ship them to uk they said they are preferred being a slave in uk than living in the east.
They are about to make the greatest mistake of their entire existence. They haven't learnt from the one Nnamdi and their coup plotters made, leave them, let them go. The better for Nigeria as a nation
PoliticsRe: Civil War: Ikpeazu Demands Apology Over Crimes Against Ndigbo by Dammyseyon(m): 7:56am On Apr 24, 2021
PeaceJoyLove:
I can see the whole epidemic of hatred and competition grin in your regions. Even you (Niger Delta) are trying to bully ibos. They have infected you. Ok ooo. The wise conclusion I have to tell you is this: the era of oil will be over in the next 30 years. Didnt you read that from my post? You are still living in the past glory. Stop deceiving yourselves with your oil. The north feeds you. Without food, you are dead. Go and ask how Gowon was educated by Awilowo to cut off food supply to the ibos and niger delta, and that was how you lost the war there. Without food, your oil is useless. You sold your niger delta cheaply to the north to the extend they moved all your oil to Kaduna.. grin Who is to be blamed. Go and blame your useless elders and past leaders who are greedy like the ibos. Lol.

Read about Lagos. And read about the economy of Lagos. Lagos will feed the whole Delta region with all your oil. Take it or leave it. The amount of money generated in Lagos is huge. May not be up to that of oil, but it is more lasting than oil. Oil will finish, but the source of the income of Lagos will never go down. Also Agric will never go down, so the north will always be relevant. Still continue talking about oil that is a curse to you because of your leaders greediness. Blame your leaders and not anyone. If they are not greedy, no one can take advantage of you. You oooo, the ibos oooo...you are all the same. Lol. You have just buttressed my point.

If not for OBJ (yoruba), Jonathan (ijaw) will never be in Aso rock. And what did you all do when he was in power? Did you all support him? You opened your fellow gentle man to warfare. You betrayed him. The likes of Kalu and Ameachi betrayed him. Now, today you are still crying when you had the opportunity through Jonathan to build your regions and to build the bridges of unity. You are your own problems. This is the truth you need to hear and you are not different from the ibos. Continue fighting the ibos. And the ibos should continue fighting you. You all there will soon realise how fo.oli.sh you are. That's all from me.

Goodluck and goodbye!
You made perfect sense. Every word you spewed holds meaning
PoliticsRe: Civil War: Ikpeazu Demands Apology Over Crimes Against Ndigbo by Dammyseyon(m): 7:52am On Apr 24, 2021
This whole hatred for the SE\SS from the Northern region started when the SE\SS military group plotted the first ever anti-democracy coup. Hausa\Fulani no dey forgive. As God would have it, it was Nnamdi Azikwe himself that stood up against Awolowo when he(Awolowo) suggested that it should be included in the constitution binding Nigeria together that any of the region (North, South, West) who decides to go apart should be allowed. But Nnamdi vehemently refused and antagonized that motion. Nigeria cannot spilt, its such a pity
PoliticsRe: Senate Moves To Cut Cement Prices by Dammyseyon(m): 4:53pm On Apr 22, 2021
AllenSpencer:
When you said oligopoly, I did not contest that cos am certain that's what playing. Accusing Dangote I totally disagree cos in a free market, his competitors should be able to capitalize on his prices, but this is not the case. They follow each other at 100Naira price difference.

Can we say Dangote is monopolistic? If agree to say yes, then we must also accuse his competitors for their incompetence.


You talked about importation and that will kill local production and demand on forex. The idea is all about Dangote and people forget the fact that before importation will kill Dangote cement, all of his competitors would have gone bankrupt.

You can take Dangote out. He has invested heavily and deserves that kudos. If government should regulate price, I believe Dangote can fall in line and still dominate. His competitors who feel the major impact considering their market share and production capability.
I totally agree, you made a valid point
PoliticsRe: Senate Moves To Cut Cement Prices by Dammyseyon(m): 2:27pm On Apr 22, 2021
AllenSpencer:
Competition or monopolistic competition.

This monopolistic competition is just an accusation. Every successful business wants to grow and spread his wings. Why accusing the financial strength of an individual.

Lets assume your monopolistic competition is valid, what are the competitors business strategy? Fold their arms and accuse the industry leader for having a large market share.

My point is that, In a competitive market, you cant accuse the largest market shareholder while exonerating competitors. You make it look like Dangote is responsible for his competitors woes.

Over 10 companies have licenses to build refinery as it stands today, one has not invested the way Dangote is doing, at the end of the day, people start screaming monopoly. Is Dangote deciding for all the billionaires in Nigeria not to compete with him.

Dangote`s competitor's are also worth billions and opened t several strategic options, Is it Dangote that is denying them loans . Give it to those businessmen. They take high risk and reap big. When the lose, we dont call them monopolistic losers
Candidly speaking, I'm enjoying your write up. You know what you are saying and I must accept you are making some point. But would you agree with me Dangote wouldnt be enjoying the kind of trade liberalism if it weren't for the government support in terms of embargo placed on importation of what he produce that can be imported at cheaper cost or high import duties placed on the few allowed ones? Look at the recent controversy on BUA's sugar plant stirring up just to pave way for Dangote? Do you know the closed border recently opened were opened because of Dangote? Our government is the reason Dangote controls our economy. Monopolistic competition makes producers dictate price. Unfortunately, there's little or nothing we can do about it.
PoliticsRe: Senate Moves To Cut Cement Prices by Dammyseyon(m): 7:25am On Apr 22, 2021
AllenSpencer:
Monopolistic investor! Where you got that word from? If I get what you trying to imply, He is monopolizing investment with his own cash. Please, what are other multibillionaire's doing with there cash in Nigeria,

So Huawei is a monopolistic investor
Amazon
Toyota
Samsung
Apple

You mean we can call the owners of this industry leaders monopolistic investors cos they control largest market share by investing heavily into their trade?

Think you need to explain this monopolistic investor to me, cos every industry leader will fall into that class as a result of wanting to invest more and control even a larger market share.

This is just a norm in business across every industry
Another thing is, according to market share quoting, if you control 50% or more of a business you are literally the owner of that business. Same applies to controlling 60% of building and construction material industry of a country! That's too much na. Dangote rakes in over 100B in PAT yearly compared to Lafarge's 7B so tell me who is ruling who? My opinion though, I might be wrong
PoliticsRe: Senate Moves To Cut Cement Prices by Dammyseyon(m): 7:18am On Apr 22, 2021
AllenSpencer:
Monopolistic investor! Where you got that word from? If I get what you trying to imply, He is monopolizing investment with his own cash. Please, what are other multibillionaire's doing with there cash in Nigeria,

So Huawei is a monopolistic investor
Amazon
Toyota
Samsung
Apple

You mean we can call the owners of this industry leaders monopolistic investors cos they control largest market share by investing heavily into their trade?

Think you need to explain this monopolistic investor to me, cos every industry leader will fall into that class as a result of wanting to invest more and control even a larger market share.

This is just a norm in business across every industry
Lol, I like to learn. How many percent market share does amazon control in the E-commerce industry? Less than 50 if you do your findings well. Samsung is topping the mobile technology industry with just 23% market share. I can't do all the research for you, you can help yourself to be informed. Why do you think facebook acquired WhatsApp, Instagram and even tried to acquire Tik-Tok? Read up on monopolistic competition. Thanks. I await your response
PoliticsRe: Senate Moves To Cut Cement Prices by Dammyseyon(m): 4:55am On Apr 22, 2021
AllenSpencer:
Come and learn UnabashedIPOB

Can you see how he hit the nail on the head briefly.

"Oligopoly "

And you are screaming monopoly upandan Nairaland

Mr. Educated

Your economics teacher should be killed if still alive.
On the contrary, the man may be making a point. According to shareholders' quoting, any sharedolder who owns 50% or more of a company is the owner of the company. If Dangote control over 60% of Nigeria's cement industry you can as well call him a monopolistic investor. My opinion though, I stand to be corrected
PoliticsRe: Senate Moves To Cut Cement Prices by Dammyseyon(m): 4:31am On Apr 22, 2021
9jaRealist:
On the SUBSTANCE of the subject matter under discourse...
THERE IS NO SINGLE SECTOR IN NIGERIA WHERE DANGOTE HAS A MONOPOLY!

Dangote’s Competition

Cement: Lafarge (the world’s biggest producer, operating in Nigeria since the 1950s/60s); BUA Cement; Ibeto; etc.
Sugar: Flour Mills/Golden Sugar (in business since 1960); BUA; Josepdam; etc.
Petrochemicals: Indorama (one of the world’s biggest multinational producers); Warri Petrochemicals; Kaduna Petrochemicals; etc.
Fertilizer: Notore (with multinational investors such as the IFC and Orascom); Kaduna Superphosphate; etc.
Refineries: NNPC; Waltersmith; Orient; Edo; BUA; with more than 28 private refinery licenses issued since the OBJ administration.
Tomato Paste: GBFoods (the Spanish multinational operating in 50 countries), Erisco, and Tomato Jos, among others.

On cement, that is the subject matter of this thread, Dangote competes in Nigeria against the world’s BIGGEST AND MOST POWERFUL cement producer, LafargeHolcim. In fact, despite operations of the world’s biggest producers (including Blue Circle, Holcim, Heidelberg, Scancem, etc.) in Nigeria since the 1950/60s (ie, before many of us Nairalanders were even born and while Aliko Dangote was a toddler), Dangote Cement is the FIRST (and probably remains the ONLY) producer of 52.5R grade cement in Africa, which is the highest grade globally, and in the process has dragged foreign cement producers in Nigeria (Lafarge, Holcim and Blue Circle, etc.) to modernize their facilities and upgrade their products from the 32.5R grade they had been dumping on Nigerian consumers since the 1960s to 42.5R. Blue Circle (now part of LafargeHolcim) did not bother to rehabilitate or upgrade its decrepit and polluting 1960s-era Shagamu and Ewekoro plants, until Dangote built its world-class Obajana plant.

The entry of indigenous Nigerian producers like Dangote and BUA has helped transform Nigeria from the world’s second-largest importer of cement (only behind the US) to an exporter of cement, in the process saving Nigeria BILLIONS of dollars previously spent on importing cement, earning Nigeria millions of dollars in exports, and (most importantly) CREATING TENS OF THOUSANDS OF JOBS IN NIGERIA FOR NIGERIANS across the entire value chain, while generating wealth and livelihood for hundreds of thousands more NIGERIANS in ancillary, related and other industries and businesses, as well as tax revenues in corporate and income (from all those jobs created) taxes and charges for the Treasury to invest (to the extent not embezzled or misappropriated by politicians) in education, healthcare, public transportation, social security, public housing, infrastructure, etc.

Economic activity and the attendant CREATION OF JOBS is how best to help the poor citizens of any nation, NOT through charity. As reportedly the BIGGEST non-governmental employer of ordinary NIGERIANS (numbering in the tens of thousands in direct employment, and hundreds of thousands in indirect jobs and livelihoods), Dangote has more than done his bit to advance the fortunes of ORDINARY NIGERIANS (and according to a recent post here on Nairaland, just one of his companies paid N98 billion in taxes last year into the Nigerian Treasury - in a nation where most citizens outside of the civil service and PAYE system do not bother to pay their tax obligations - the very basic responsibility of citizenship). That is the real GOOD that folks like Dangote do for Nigeria. Any philanthropy is merely cherry on top!
>
Do you also know that any person that has more than 50% shares of a company owns that company? Dangote controlling a whopping 65% of Nigeria's cement industry clearly shows he literally controls the Nigeria cement industry with the inclusion of supply prices.
PoliticsRe: Senate Moves To Cut Cement Prices by Dammyseyon(m): 4:05am On Apr 22, 2021
God bless the Senator(s) that sponsored this bill, it shows there are still some of our leaders that have little public empathy and compassion. Dangote controls a whopping 65% of the cement industry in Nigeria, what a country. Mind you, if nothing is done about the oligopoly of the cement industry, no tangible result will be achieved.
Christianity EtcRe: Can A Genuine Christian Be A Nigerian Politician? by Dammyseyon(m): 1:11pm On Mar 28, 2021
The reality to this question is GOD has people in every area of life and Politics started with God. If you want to answer this question from the Nigerian scenery, you'll be misquoted.
TravelRe: How Can I Relocate My Family (4 Kids) To Canada? by Dammyseyon(m): 12:17pm On Feb 22, 2021
There's this guy Victor Ola (VO), you can search for him on youtube and google. He offers credible information on how to migrate to canada without IELTS and low POF with your family too.
RomanceRe: Have You Dated An Older Lady Before, How Was Your Experience? by Dammyseyon(m): 2:38am On Feb 20, 2021
To start with, age is not a determining factor on the success of any relationship\marriage. I've dated a lady 4yrs older than I am and I'm currently in a very serious relationship with a lady 2yrs older than I for over a year now. Knowing how to deal with opposite gender is what is important, misunderstanding and disagreement will arise that is inevitable but make sure love and trust is the bedrock and foundation of your relationship so as to avoid stories that touch. I hope you see this though I stand to be corrected. Opinion na nose, everybody get him own

1 2 3 4 5 (of 5 pages)