₦airaland Forum

BigBashiru:
200 million nigerians let's say just 10 million mobilize vs 200,000 soldiers. Go and look at what happened during the Arab Spring. Power rests with the ppl bro the Kenyans realized it look at zhat they achieved. They warded off new crippling taxes and made the government more accountable.

So tell me what the Arab spring achieved. Has Tunisia become London? Egypt end up with El Sisi, military in Civilian clothes
What did Kenya achieved? The government stopped proposed tax increase.
Violence won't achieve much.

HIGHESTPOPORI:
Go and fight terrorists not innocent protesters

They are already fighting terrorists. If not for them you would have become a refugee now.

GboyegaD:
You mind educating me since you know and please tell where they use only one train (irrespective of the number of coaches) to go back and forth if it isn't a monorail.

Yeah. Train will always have to Locomotives which will pull it either ways.

Biodun556:
Dangote believes he should always get all he wants

What does he want? Give me crude oil to refine, I will pay for it. Stop importation and safe billions of dollars.
What's difficult here. All his demands are reasonable.
PH and KD Refineries are their, combined they have about 450,000 barrels per day, that's sufficient to keep Dangote at check.
This aside from about 20 modular Refineries licences that have been issued.

GboyegaD:
Is it one lane or why does it need be same train running all the trips?

Do you know how trains run? Sure no.

malali:
Re-examining the Narrative: Dangote vs. Historical Titans

While the achievements of Aliko Dangote are indeed impressive and his contributions to Nigeria’s industrial landscape are significant, it is crucial to critically examine the broader implications of his business practices and the comparison to historical figures and contemporary global giants.

Aliko Dangote has undoubtedly built formidable enterprises in cement, sugar, refining, and fertilizer. However, the narrative that likens him to the builders of America—Vanderbilt, Rockefeller, Carnegie, Morgan, and Ford—requires a closer inspection.

The Reality Behind the Monopoly

Historically, the men who built America did so in a landscape of fierce competition. They created industries that were not only groundbreaking but were also subjected to stringent antitrust laws aimed at preventing monopolistic control. The Sherman Antitrust Act of 1890 and subsequent regulations ensured that no single entity could dominate an entire industry unchecked.

In contrast, Dangote’s dominance in Nigeria is often bolstered by a monopolistic grip that stifles competition. There are well-documented instances where Dangote has used his influence and access to power to suppress emerging competitors. For example:

• Dangote Cement’s Market Control: Dangote Cement has faced accusations of engaging in anti-competitive practices to maintain its market dominance. Smaller competitors have often struggled to enter or survive in the market due to various barriers, some of which have been allegedly orchestrated by Dangote to maintain his hold.
• Sugar and Flour Industry: Similar patterns have been observed in the sugar and flour industries, where Dangote’s companies have significant market shares, effectively limiting competition and consumer choice.

The Contrast with Global Practices

Unlike Nigeria, where Dangote’s business interests seem to enjoy unparalleled support and protection, other countries have robust measures in place to prevent such monopolistic dominance:

• United States: The US government has a history of breaking up monopolies to foster competition. Notable examples include the breakup of Standard Oil in 1911 and AT&T in 1982. Furthermore, contemporary giants like Microsoft and Tesla, while receiving government support, operate in highly competitive environments with clear regulatory oversight to prevent monopolistic practices.
• European Union: The EU has stringent antitrust laws that have resulted in significant fines and operational changes for companies like Google and Microsoft to ensure a competitive market.
• China: Even in China, where government support for businesses like Huawei and Alibaba is strong, there are increasing efforts to regulate these companies to prevent them from becoming too powerful and stifling competition.

The Question of Fairness and Consumer Impact

One of the critical points often overlooked in the glorification of Dangote’s achievements is the impact on the Nigerian consumer. For instance, despite the significant concessions and monopolistic control, cement prices in Nigeria are higher compared to other countries like Kenya and Ethiopia, where market competition is healthier. This disparity raises questions about the true benefits of Dangote’s dominance:

• Price Increases: Dangote has been known to raise cement prices, exploiting his dominant position. This practice directly affects the construction industry and overall economic growth in Nigeria.
• Concessions and Monopolies: The Nigerian government has provided Dangote with substantial concessions, including tax breaks and exclusive access to natural resources. However, these benefits have not translated into proportional advantages for the average Nigerian consumer.

The Call for Balanced Industrialization

Supporting local champions is essential for national development, but it should not come at the expense of fair competition and consumer welfare. The narrative that Dangote is akin to historical industrial titans falls short when scrutinized under the lens of market fairness and competitive practices.

Otedola’s Silence and the Need for Diverse Voices

The recent criticism around Dangote’s monopolistic practices in the cement industry raises another important point: the conspicuous silence from other business leaders like Femi Otedola. When Dangote raises cement prices, where are the voices advocating for consumer rights and fair competition? Otedola and other influential figures in Nigeria’s business landscape should speak up against practices that harm the broader economy and hinder equitable growth.



While Dangote’s contributions to Nigeria’s industrial sector are notable, it is imperative to approach his narrative with a balanced perspective. Comparing him to historical figures who thrived in competitive environments and faced regulatory challenges misrepresents the complexities of Dangote’s market dominance. For Nigeria to truly benefit from its industrial champions, there must be a commitment to fostering a fair and competitive market that serves the interests of all its citizens, not just a privileged few.

Malali

I was expecting to read where you can specifically state where Dangote enjoy Monopoly rather your opinion was filled with the entitlement mentality that Dangote did not distribute his products to the masses for free.
You mentioned Cement for instance, before he built Obajana, only Elephant Cement (now Lafarage) was producing in Nigeria while the rest of the Country cement needs were met with importation. The last I know, it's not only Dangote that produces cement, why can't others reduce their prices?

Olamila:
His a co founder of the monopoly hahahaha

Sorry, how? I have heard of these too many times. So I want to learn

Stale. Very stale. I suggest you face front

Lawal1555:
Dangote should be careful, their next plans will be to take away his life. These people will not give up easily.

The guy is 67years, has lived a fulfilled life. Nigerians are the biggest beneficiary of these initiatives

Racoon:
 Chai! So you knew all of these yet never report them to the DSS, NPF, NFIU, EFCC, ICPC, or military for economic sabotage? Suddenly, the table turned and you are displaced from the power equation, then you started bleating like a female goat on heat. See the entrenched structure of corruption you all are intricately interwoven into?

Dangote these lamentations is too late. You benefitted from the defective and skewed Nigeria your brothers in the military and autocratic regimes bequeathed upon others. Meanwhile, remember that foreign investors are listening and making their decisions. So abeg stop these lamentations.

So what are you now saying? It's not his business to report, he's speaking because he's defending an investment of almost $20billion.
Dangote is he's employer of Labour after government, how you guys hate successful people baffles me, yet most of you are praying to be successful.

Chinkoalhaji34:
E go make sense if FG fit take over and run am better. No be say make dem just dey watch while we dey import fuel like say na dem dey produce am. Time to leverage on our own resources, abeg!

Government will run Dangote Refinery the way they ran Port Harcourt Refinery successfully! Are you in a dream?

Umuinyioku:
LoL

We know the game plan.

Tinubu wants to payback because Dangote didn't support him during his presidential campaigns. Dangote supported Atiku.

Tony Elumelu supported him. And one other influencial person. Tinubu has-been hobnobbing with them ever since he was declared President.

More than four times, the duo have visited him in Aso Rock. Dangote never visited him except when Microsoft CE0 came to visit Nigeria.

Tinubu is vindictive. He wants to shut down Dangote refinery by starving it of required crude oil to the company.

But God Dey!

And he made Dangote part of Economic Advisers

Sirkilk:
America unlike Nigeria votes ideology, not person

Which ideology?

tikco:
One thing is certain that this political big guns and the elite knows what they ate doing.. Accuse each other for nothing. Me i am sure that wen dangote is done with us we'll beg the government to buy this refinery cuz seeing is believing.. He has done what he knows best in cement sector.

But what has happened to the Refineries owned by government? Are you saying price of AGO has not come down because of Dangote? There are other licensed Modular Refineries, why have they not become functional?
Dangote said it all, at 67years, he has enough money to live a good life for the rest of his life. But Nigeria needs him, I mean now.

peterboro:
The only genuine and unconditional love.
Mothers are incomparable.

Wey the Papa. Men have been used

Desmondicotex:
Maybe you are comfortable with what this people are doing to us.
To be this is a way of benefiting from them with our knowledge.

You are a thief. Simple. Two wrongs don't make a right

weMUSTsayIT:
You should test same fate

Awon upright man

What are you saying? I'm not supporting or justifying the oppression of the man, I'm only educating the poster that the problem is not from Judiciary but a terrible justice system. That guy was never again taken to court by the prosecutors after he was reminded, in that case there is practically nothing the Judge (Judiciary) can do.
All the provisions in the Administration of Criminal Justice Act that were designed to address this sort of evil are not been implemented (justice system)

koondog:
Now he understands the pain and trauma Ibeto went through when the cabal under Obasanjo were frustrating him to favor him. Before Obasanjo came to power, nobody knew Dangote.

Are you serious? That nobody knows Dangote before Obasanjo. You are so uninformed. So it's people like you that I have been engaging on Nairaland !

What is this. Gbemisola Saraki, have left this role since 2022. She was Minister of State for Transportation between 2019-2022
This is a very stale news, get us something fresh

DMerciful:
Tinubu did not win, he was rigged in. They shutdown IREV and manually changed results through the overnight collation process

Leave matter, you couldn't prove this is court. Tinubu won because votes were divided between Obi and Atiku. Opposition gave the Presidency to Tinubu. Simple

flokii:
You're wrong..

Despite Buhari's blunders, Nigerians still supported Tinubu by voting him into power under same APC with the hope that he'll restore things to order.

Which Nigerians? Tinubu won because PDP divided their votes. Majority wants another person

Happy birthday to H.E Peter Obi

mrvitalis:
Do you know the problem?
What would happen to those who handled this case? ... Absolutely nothing

From the police to the prison processing officers nothing

This lack of consequences is what's the issue with Nigeria and that's why they would keep acting the way they do

That's my point, that it is not the Judiciary but a terrible justice system

christejames:
Seven years awaiting trails? Common...

The problem is with the prosecution. Maybe you meant justice system and not the Judiciary.

christejames:
When we say Nigeria has no judiciary some guys think we are bluffing

How is this the problem of the Judiciary? If he wasn't brought before the court, what can the judge do. Nothing

Nonybb:
When I see Nigerians eulogize Dangote and hail him for building on local content, I just laughed at the level this Fulani con man has deceived so many Nigerians. Remember when he started his cement production and the normal cliché then was the affordability of price of cement. Today, cement has gone to the roof top despite Nigeria's local capacity of that products. Today, this evil genius wants to monopolize the oil downstream sector and corner the supply chain of the crude oil by playing politics and demanding that IOCs plays to his rhythm so that he will control the price indices, thus, monopoly of supply. The evil we are fighting is Dangote, not IOCs. Even before he comes fully on stream, Nigerians are already feeling the heat of this Fulani evil manipulator. I tell you, Nigerians will pay with their teeth if Dangote succeed in his control because his monopoly of cement industry is not a palatable one

Dangote is Hausa not Fulani

CyrusVI:
And Maurice Iwu should be B*** on the stake for his too

On election matters, he's the most corrupt Nigerian ever

But he didn't conduct the Local Government Election, what's his issue?

IduNaOba:
Imagine that Alex otti has done better than this yet you SW guys criticise him.
This road now
Where the drainage?
It's even heavily edited still you can see the quality is not top notch.
This is street road in enugu not major road quality.
Nawa o

This is a minor Road, I know this road very well. Iyaganku is a GRA environment and very green.
The major roads are dualized and very well maintained. Seyi has tried.

I checked the letter attached, I can see that the Woman wanted to marry Ooni and become an Olori. Apparently after the announcement of the six Oloris, her name didn't come out, so she became bitter. Lol

Na romance gone sour.
She should have waited for another announcement, but she's not patient.

doggedfighter:
They already find the contractor who's already singing in court but they can't find Yahaya the crook.




Strange place Nigeria is !

Yahaya Bello is hiding in Government House, Lokoja. The Immunity of the Governor can't allow Efcc or Police invade and arrest him

nairaman66:
No one can have fierce fighting with two bandits. Maybe they are doing wrestle mania, in this there is indeed fierce fighting!

Did you read?

eliyke:
Wowww what an achievement at least fuel will come down to #100👏👏👏who ever push dis news to front page multiple times is high

Bro, this is a very terrible image you attached. Drop it