₦airaland Forum

ephi123:
You obviously do not get the point at all.

Businesses should be encouraged to grow and flourish via equal opportunities, rather than a singular individual allowed to create a monopoly in several sectors. I'm not even sure you understand the risk and implication of such.

In normal sane countries, competition is encouraged and they put in place laws to ensure this - anti-competition rules exist for that reason, but here you are justifying monopoly.

I couldn't care if this was someone else and not Dangote, I would say exactly the same thing. A country can never be successful on the back of a SINGLE individual. Never. And it is never to the advantage of the citizens to have monopolies.

You are obviously the one not getting the point. I understand the risk involved in a monopoly, but I also understand the bigger risks involved in pulling down flourishing businesses as a strategy for ensuring 'equality' in the system.

Like I said earlier, 'great men become great when others sleep,' Dangote operates in the same environment as many others operate, but he distinguishes himself and makes tremendous progress in whatever he touches. Except you are basically suggesting the govt clips his wings to ensure he doesn't become a monopolist, I don't know what you're all about.

You may argue that Dangote enjoys extra favours to the detriment of other businesses, but I don't completely agree with that. In every society, big businessmen lobby the govt to curry favours and Nigeria isn't an exception. Also, Dangote isn't the only one who lobbies and gets favours from the govt, he just seems to be the only one who is very successful in turning these favours to success and his patriotism which pushes him to focus strictly on Nigeria and tap into the vast opportunities present is what differentiates him.

The govt has been begging investors to build private refineries, but typical Nigerian businessmen preferred to import fuel and garner huge subsidies. Dangote now decides to take that responsibility by building the biggest refinery worldwide, and now people complain of monopoly. Some would argue that the CBN grants him forex easily, but it is on record that the CBN has always promised unfettered forex access to serious minded businessmen willing to build refineries. His tomato paste business obviously doesn't get the same forex concession as his refinery, hence they lament like every other business seeking forex there.

Similarly in the cement business, the backward integration policy was implemented; the FG promised cement import licenses to only businessmen who had local production capacity for cement. A time limit was given for cement importers to build their plants, Dangote hurriedly builds his cement plants, retains his cement import license, other cement importers lose their import licenses, and then everyone complains that Dangote is a monopolist being helped by govt.

Then again the govt has been begging Nigerians to go into rice production, while some are heeding to this plea, others are sleeping. Dangote has recently delved into the rice business, very soon (as usual) he would hit it with a bang and become a leader, and once again, people would lament his success.

My dear the logic here is simple, Dangote typically gets the same opportunity as others but somehow finds a way to be extremely successful and then controls the business sector. You can't tell me Dangote is the only one who 'knows' every govt in power. Except you are asking the govt to clip his wings and snuff some life out of his businesses for others to catch up, I don't know what you all about.

ephi123:
Rather than focus on having several successful businesses and businessmen/women in the country, continue hinging the nation's success on a single individual.

Everything is hate to you guys, hate indeed.

"Great men become great while others sleep"

The point is that everyone had an opportunity and one person was able to convert his opportunity to greatness. Now people beaf him for being 'too successful' and being a monopolist and these people wish him being pulled down to the level of others for the sake of 'equality'. I wouldn't even know whether hate or envy is the right word to describe this mentality.

The main question however is, where were others while this man rose to his present level?.... Some claim he receives govt backing? .. is he the only one who receives govt backing?.... Businessmen the world over lobby govts for 'backing,' Nigeria isnt an exception and Dangote isnt the only one. So my question remains, "what did other businessmen do with their own govr backing?"

Spidermon:
Dangote!!

Well, you can fool some of the people all the time, all of the people for some of the time but you cant fool all the people all the time.

With govt monopolistic backing and ready access to funds, anybody can blow.

His case doesn't amaze me.

Is Dangote the only one who has received govt backing?.... What stops other businessmen from bribing govt too for favours?.. Shrewd businessmen all over the world lobby the govt to get favours, Nigeria isnt an exception. Dangote lobbies ANY GOVT IN POWER and by doing so, has earned the backing of every single govt in recent times. By being able to do that (irrespective of the govt), it means the man is genius for starters.

But then again, there's something that makes him stand out; unlike the thousands of other businessmen who have also enjoyed govt backing, Dangote has been a mega-genius and a mega-patriot who has invested the favours he gets in improving Nigeria (unlike others who all scramble for petrol import license so they can steal subsidies to the detriment of Nigeria)..

By 2019 when his mega-refinery starts, Dangote would single handedly overhaul Nigeria's economy without even stepping into govt. I see Nigeria's gdp doubling within few years and I see the Naira being restored instantly to less than N150 to $1; whoever is the president by 2019 would be the luckiest 'fluke' in Nigeria's history, thanks to Dangote.

vodutive:
You are the ones living in denial, you don't pay tax but you want a good country, you vote for criminals but you want good leaders, you don't participate in politics but you want good leaders, instead you are focused on Brexit and Hilary/Trump as if it affects your life one iota!! $175m was found inside accounts of your former 1st lady, that's enough to build 100Mw power station fix some of the roads you complain about, renovate MMa, Ph And Abuja Airports or even start a national carrier, instead your youths are protesting the fate of Tinubu, another crook, T.B Joshua's prophecy about Eledtions and Wole Soyinka's green card. You don't embrace your culture, you speak in foreign accents but you call yourselves giant of Africa, you don't invest long term but you expect sustainable development, everything you eat wear and consume is imported. Manufacturing is dominated by Indians and Lebanese, you don't complain but as soon as a Nigerian dominates a sector you start to complain. You call yourselves a nation of traders but you can't even start a chain of supermarkets, you have to wait for South Africans and Srilankans to develop supermarket chains for you. You spend all your money on Dstv, Dstv gives your money to premier league, they get richer and your local league gets poorer and then you complain that we don't do well in football competitions. You get an education but refuse to think, instead every sunday you pray for miracles and use all your education to donate your hard earned earnings to fraudulent pastors to enjoy the good life at your expense.

You are the one of the worlds top Oil producers, working refinery you don't have, Infrastructure you don't have, No good roads, no good schools, no good hospitals, unemployable graduates, no industries, no power, no nothing....you can't even produce fuel!!!!!!. But you are one of the worlds top consumers of Champagne!!! Thank God we have Dangote, a man who doesn't think like the typical Nigerian because if not for him, Naira will be N5000 to a dollar within 3 years. Make no mistake about it, the only thing that will save the Naira is that Dangote had the foresight to start building a refinery before Oil collapsed. That refinery when it comes on stream will reduce the need to import fuel which is the biggest drain on our foreign reserves. Instead in typical Nigerian fashiopn you are green with envy!!! you would rather an Indian, Lebanese or Oyinbo controlled your economy. free yourself from your slave mentality.

Nigeria and Brazil started their defense industries at the same time in 1960, today ours has collapsed and we are going to Brazil begging to buy ammunition to defend ourselves. Nobody is stopping you from starting your own, infact the govt in encouraging locals by giving Innoson contracts for army spare parts. Tomorrow if a Nigerian starts a defense manufacturing company and corners army contracts because there is nobody else , people like you will start complaining, you would rather we be slaves to the west and foreign powers than see a fellow Nigerian rewarded for taking risks.



The problem with Nigeria are people like you who unfortunately are the majority!!!

God bless you!

I feel very irritated when I see the sheer level of envy/jealousy, hate and pull-him-down mentality people express towards Dangote for daring to be a genius and a patriot.

Dangote in a couple of years now would be the sole saviour of Nigeria's economy with his businesses. You keep hearing people say things like 'monopoly' and that he earned or through govt favoritism. But the question I always ask is, how come it is only Dangote who enjoys this favoritism from every successive Nigerian govt irrespective of tribe/region?... Is Dangote the only one who has enjoyed govt patronage?... where were other businessmen were when Dangote was rising to the top?... what did other business men do with their own govt patronage?... Probably they mostly prefered going into the oil business, specifically the importation of fuel and fraudulently cornering billions in subsidies to the destruction of Nigeria yet some bad-belle Nigerians int the typical pull-him-down mentality are angry with Dangote's progress.

doctokwus:
He has bold and good ideas but he has reached this height PARTLY because he has enjoyed govt patronage,waivers and unfair dollar advantage.
If Dangote had been made to compete on a level playing field with other entrepreneurs,he wont av mafe it this far.
Dangote simply used political patronage to get here,not that he is d most ingenious bizman in nigeria

Have you ever wondered how this one man has been able to get this political patronage from EVERY SINGLE government irrespective of tribe, ethnicity or region?.... The answer is simple, he's a genius, you cant take that away from him.

BushidoBlue:
No be you?

Must you exhibit your folly at every given opportunity?

Weren't the insurgents suffering defeat already?

Are some lives more important than others?

how many girls, boys and women were kidnapped by BH in the past year alone?


keep on being blindfolded as you enjoy your self inflicted tomfoolery.

What on earth is this lost one talking about?

NOETHNICITY:
yes! This is why I alws wonder, who the hell re PMB advisers? Does this Buhari even ve brain in his head?

The matter taya me my broda... in my opinion, the niger delta debacle shouldnt be a difficult or expensive problem to settle... But it seems Buhari has surrounded himself with the worst set of advisers.

The only reason these punks can do what they do and say the sort of things they say is cos they know the intellectual capacity and mental state of their followers.

Buhari has really messed up the handling of this saga. If I were Buhari, upon assuming office, I would have totally romanced the SS that lays the golden eggs feeding the nation while I totally ignore the rants of this ipod sect and their followers. It gets to a point where a people would be so so ignored, they would begin to doubt their own existence. But sadly, buhari seems to lump even the SS into the same boat thereby giving these ipod folks a voice.

Wasnt it this same Enugu PDP bishop that publicly accused and warned Rochas of engaging in anti-Igbo activities because Rochas expressed a wish to have senator Ekweremmadu (PDP-Igbo) replaced with Uwajumogu (APC-Igbo)?... And of course, he made the statement to a gleeful and concurring crowd of IPOb/anti-APC faithfuls.

Is this the sort of man of God one should be taking seriously?.... Reminds me of a line by Fela "archbishop na miliki, pope na enjoyment." Definitely, no one would want the miliki and enjoyment taken away from him.

It still beats my imagination how people totally believe and celebrate all these fake stories; even educated people believe these stories and then one begins to wonder the kind of educational system we have in Nigeria.

lordyugo:
d greatest legacy u can leave for ds world is to nvr procreate, ur DNA and genetic mark should be stored in a facility highly secured cos its a threat to d survival of mankind.

What is this one talking about?...

brainpulse:
Don't be surprised, they live on lies in the SE. And average ipork/ibo man is a liar

You ought to separate the ipods from the normal Igbos, there's a clear difference in terms of intelligence.

PerfectlyPerfect:
Dude, don't kill yaself. What I meant was that buhari was voted to help move Nigeria unto the path of greatness and so far all we've been getting are excuses.
I'm sure you too agree with me on this.
And don't call me a supporter. That's an insult to my person. All the current crop of politicians need to be gotten rid of before we can progress

I agree with you but you ought to know we're talking of different things. While i agree buhati and his crew are yet to fulfil what they were voted for, I find it ridiculous that some Jonathan supporters can still shamelessly try to also insult buhari whilst hailing gej at the same instance for something gej was even more guilty of.

PerfectlyPerfect:
Let's keep blaming the previous administration.
One day you'll wake up to find that your house has been blown up.
The current government was elected because they promised us CHANGE but all we've been getting are lies, propaganda, excuses, blames, trial nd error.

I voted neither jonathan nor buhari because I knew they both were not good enough for this country

Every single time I hear this nonsense accusation about 'this govt only blaming the last admin', I just scroll back up to the origin of the discussion and one thing has always been constant; it is usually agents and supporters of the last useless admin that start the blame game, but they become the first to lament when their favour is returned.

Just imagine the bizarre nonsense, a diehard jonathan supporter blaming buhari for the chibok saga and hailing GEJ in the same sentence?

SamuelAnyawu:
What Rochas has turned Imo State into just because of his Fantasized dreams of becoming the President Of Nigeria Someday....


Rochas Pay Imo pensioners thier 2years entitlements pls

You 'Oga Samuelanyanwu must be governor' I think say u get sense b4... wetin concern rochas and cow entering airport?.... The airport hasn't got security right?... Or probably rochas should go there and sleep 24-7 to ensure nothing encroaches runway?...

Some years back this same thing happened in PH international airport with an air france plane smashing into a herd of encroaching cows, did you and your friends put the blame on Odili?.... Oh I forgot, most of una brain power dey only get full charge when e reach rochas matter. Irrational Haters!

CSTR13:
Irrational hatred?
The man does not even recognize that fulani herdsmen are a problem. I have not heard him speak once about it probably not to offend your president.
Btw, I don't subscribe to your idea of state- a concept created by Nigeria, whose government and administrative ideologies is far from being the best in the world..
Even part of igboland is my home.

How many governors in southern Nigeria have spoken a single word about Fulani herdsmen?.... Have you expressed even one-tenth of this your pointless animosity towards all the other governors for not mentioning a word, why are you so obsessed with Rochas all because he's in the Apc?...

Imo has not had any issues with herdsmen, yet you expect rochas to be all over the news talking of herdsmen... To you and your like minded ilk, talking about herdsmen is now a VIRTUE, and it's even more of a virtue when it is done by a person you love to hate all because of his party. You arent even from Imo state yet the mention of Imo keeps giving you sleepless nights because Imo people chose a man who is in APC. And you dare to insult the intelligence of Imo people for this?

Bros, kindly shove that your irrational oversabi hatred into that your body part where the sun dont shine and walk away. Nonsense!

CSTR13:
Imo state used to be the Intelligensia of igboland.
Now i don't even rate them again. They are not even smart enough to elect a decent governor.

Go back to your state please... what has cows crawling through the airport got to do with governor?... an event which can happen anywhere in Nigeria?... take your irrational hatred for rochas and knock it against your head. Nonsense!

Some antagonists of buhari really need some brain transfusion; what exactly is the meaning of this thread?

Adagba01:
Ezekwesili, Aisha Yesuf and BBOG should should burry their heads in shame for these killings that turn many women to widows, many children to orphans, happy parents to mourners. The deaths of young men and women with bright future cut short for the sake of Chibok girls, doesn't achievements anything other than more sorrows and tears.

By demanding that something should be done for kidnapped girls to be released, you now think these women deserve blame for killing of soldiers?...

The kind of warped reasoning one sees in Nigeria is wonderful.

Firefire:
Summary:


The military sources said Boko Haram did not release the girls without getting anything in return and that the Federal Government (Under Buhary) indeed paid a ransom and released some of the group’s strategists that were detained (by Jonathan).

One of the sources said it was sad that the same government that was initially seen as tough enough to end insurgency in the country failed to negotiate with Boko Haram from a position of strength.

“It is unfortunate that in government’s desperation to secure the release of the Chibok girls, it has put our (soldiers’) lives in danger by yielding to the demands of the group to collect a ransom and secure the release of its commanders.

“It is now obvious that the group has reinforced and bought more weapons to fight us.”

According to another source, left to the military, the ransom and the exchange of Boko Haram members for Chibok girls would not have taken place" - Punch

Paperwhite:
"Even if he presents NEPA certificate self we'll vote for him." Meanwhile this is what Lai-Lying-Liar Muhammed denied taking all Nigerians for some moronic cows.GEJ God kept on vindicating you. Buhari was super-clueless even as a dubious retired "Maj-Gen".El-Rufai even confirmed it.A military maxim is "never negotiate with terrorists".In order to score needless political scores, this government is now costing us the lost of invaluable lives.Nigeria enjoy your change. .Where are the nairaland change chanters when you need them

SamuelAnyawu:
Confused President Buhari


GEJ refused this useless Deal


Baba GEJ We Miss you

Really?... Did these dudes just put the blame on Buhari whilst exonerating GEJ?

Whose cluelessness and ineptitude led to the kidnap of the little girls over 2 years ago?

Whose cluelessness, ineptitude and corruption permitted a small rag-tag group of miscreants in the suburbs of Maiduguri grow into a regional terror force?

Whose stinking mess has Buhari been trying to clean since he came in power?

Some humans are utterly and riduculously shameless.

BiafraudExposed:
But look at how they published that Donald Trump has vowed to support Biafra. And including Kenneth..

That is why I keep saying if you're still being deceived by IPOB this my video says it all... Combined evidence

www.nairaland.com/attachments/4470835_trumpbiafra_jpeg40370f400ea1791f7fd9889b023a81a0

The above newspaper headlines are unbelievably repulsive. How can a people be so cruel to tell so many lies to their own people just promote confusion?... Just about every single story on the frontpage of this newspaper is a bloody lie, and this is the sort of nonsense stories they've been selling to unsuspecting gullible folks in the east since buhari won the election.

Meanwhile this morning IgbereTV reported that buhari gave $500 million abi na billion dollar to Hillary Clinton for her election, I'm sure by tomorrow morning, all these kind of such stupid newspapers in the east would have that story as breaking news. Meanwhile oga Anyalekwa (IgbereTV) was pictured recently inspecting his mega mansion which is coming up with will full force ; selling propaganda to gullible low IQ'd folks is actually brisk business these days.

Another food for dumbfucks to feed on for one week before another dafto comes up with another new daft theory to feed the daftos for another period. IgbereTV, Hopefornigeria, trentonline, guardiannewsusa, breakingtimes etc... Such pathetic souls!

overcomer123:
listen to yourself talk, who else can give the value of a product it is the manufacturer, in this instant the manufacturer is FGN since it is the one who provides the dollars.

the margin government has set is very reaslitic , you buy 390 sell 400, that is very realistic. What expense are the BDC guys incuring that they will now add additional 60 to 70 naira on every dollar. to me it makes no sense.

The only reason the BDCs can actually add a whooping 60 to 70 and still be able to sell is because there is still scarcity of the commodity. When there is scarcity, by natural law of demand and supply, the price goes up. So with the current level of demand for the commodity, 400 doesn't sound realistic.

Alimtoheeb:
PDP........its your work o, soft work

This isnt even a PDP matter, this is just a case of some nincompoops sitting in a room with laptops churning out senseless propaganda. They do it because they know they have a large audience of nincompoops who want to hear this sort of stories. Meanwhile Oga Igbere is building a massive mansion presently

Just negodu!

IgbereTV

Recently when Oga Igbere was quizzed and his website closed, some mumus attacked me for saying "good riddance to bad rubbish." No doubts, those sort of people savour these kind of stories hence their great disappointment when IgbereTV was temporarily closed recently.

grandstar:
The agreement is bound too be breached.

Yeah it is... but those caught shouldn't lament too much, their greed is what caught up with them.

overcomer123:
no that is not correct and right, i know manufacturers who give their distributors a margin to work with.

Atleast a personal experience is thermocool, they go round and enssure their distributors do not sell lower and higher than a price range, anyone found doing so loses his license as a distributor.

Also this is why you see some product, carrying the prices tag on their packs.

doubling the price without proper justification makes no sense, if the manufacturers do not hw can you do that as a distrubtor, where is the moral justification.

The bdc deserve what they are getting and i see a drop in price, called my aboki yesterday and he confirmed he is selling at 400 naira.

The writer of this thread is misleading Nigerians, probably to create more sentiment or a panic situation.

it is all greedy, every body shouts politicians are corrupt, tell me what this is if nt corruption.

The manufacturers would give them a realistic margin; i.e. something close to the true value of the product being sold. If that's not the case, you can never discount or water down the influence of human greed, the marketers MUST find a way to manipulate the system to get more profits, but that is not to say that erring marketers shouldn't be punished if they are caught. The only way this model of price control can really be enforced effectively is if the controlled price isn't far away from the 'true price.'

grandstar:
You are contradicting yourself.

The existence of subsidies can not be divorced from abuse said a 19th century economist.

It is wishful thinking if the government thinks there won't be round tripping. Any economist worth his salt will tell you this. That's why Sanusi is seething at the economy illiteracy.

It's like asking your teenage daughter to wear skimpy clothes and bring home men and then shocked at the man "stupid" enough to get her pregnant. The joke is on the FG.

I am not contradicting myself, go back and read what I wrote, but this time do it slowly with an open mind, and you will realise that the epistle you just typed is the same thing I wrote. The only additional point i made was that the BDCs deserve the treatment they get for breaching the agreement they signed when they got cheap forex from the CBN source.

overcomer123:
This is different, cbn and travelex is the major source of forex as against the prices of Goods.

It is like me manufacturing a car and selling to the distributor at 500k, and this same distributor now sell it to the public at 1m. What useless market forces is that one. what value are they adding that they will jack it up that high. Abeg dss should clamp harder on them.

The point is that in the first place you shouldnt be selling the car to the distributor at that cheap rate of 500k with the hope that he would sell at 550k. The fact is that he would end up selling the car for over a million because there are lots of people already begging him to sell that car to them for over a million.

plaetton:
My friend,
How naive can you and the government be to think that banks and bureau de changes will simply ignore demand and supply dynamics to make a profit , and instead , conduct themselves to please the government?

Everyone is in business to have advantage.

Which part of economics and human nature do you not understand ?

Maybe I should rephrase my comment for you to comprehend it... Like I said earlier, it is impossible for the CBN/Fg to enforce the price fixing, it is also silly for the CBN to even fix the price in the first place. However, the raided BDCs deserve every bit of treatment they get. They signed an agreement to get dollars at a cheap rate from a privileged source and also sell at a cheap rate. For them to turn around and sell at the going rate is a criminal breach of agreement.

opwa4us:
Its because u aren't owning a farm yet as an individual. u cant be blaming government all the time. agriculture is not a government thing. our negligence got us here. just saying

It is the govt that creates the 'environment' for farming to thrive.