₦airaland Forum

Gboss247:
BUA doesn't pay the level of tax Dangote is paying and has lesser liabilities

BUA doesn't pay the level of tax Dangote is paying because BUA doesn't do the level of business Dangote does.

Dangote owns 4 cement plant with a new one in Itori under construction

BUA only owns 2 whose combined capacity is not up to one of the major plants Dangote owns in Kogi.

thedio:
That 52% is just too small, he should pay higher than that

Tomorrow you complain why foreign investors are not coming into the country..

Imagine you are into a business and government takes half of your revenue for Doing absolutely nothing..how does that make sense...but because of hatred your brain can not be open enough to think properly..

Why has the government not use their own revenue to build their own cement plant..even to get a goddamn 60k barrel per day refinery working is rocket science..yet someone used his own share of cement revenue to build a 650k barrel refinery, fertilizer and petrochemical plant..

Envy don block me your brain

ayoncox:
What Dangote won't tell you is that he does not own the minerals that produces cement but got the license from Federal Government to mine. Because of him others could not get the licenses

That is a Lie..who are the others that deny and got disapproval..mention

BUA, Lafarge and Mangal have licenses..
Don't even mention Ibeto cuz he never applied for license to mine limestone for cement production but to import cement from abroad

blackboy:
Same question I wanted to ask him. The man is making a huge profit in the cement business he no one day sat let me reduce price.

Because FG sef sat one day and reduce their own 52% share, Diesel price, dollar prices? ( yes dollar cause to maintain the plant is dollar intensive).

Dangote should upgrade the pay for workers, BUA is a bit better

thedio:
Dangote is not putting the record straight. Mr richest man is the 52k tax. U mine what belong to all of us and paid around 52% to over two hundred million people while only u take 42% yet u r lamenting.

He is not complaining.. don't act dumb..

Yes I probably deserves way more than 42% ..if it is easy. ..why not build your own multi billion dollar cement plant and make your 42% if it is so easy.

Even with such high figures as you think why there is few people in the business of producing cement.

The limestone you are talking about, are you aware there are cost of converting it to cement which is inside the 42% Dangote makes?

MartinsD12:
If this is true then it is wrong very wrong whatever dangote is building in Lagos should create Job opportunity for youth living in Lagos, importing labourers from north is unacceptable when we have much more qualified youths in Lagos Nigeria

They are Nigerians..
It is not import

dederocs:
It is against labor laws, discriminatory practices. Employment is what a location enjoys, a location that is giving Dangote billions daily...as long as it is in Lagos, residents of Lagos who have lived here, pay rent, pay taxes should enjoy it, not bringing in people with different mentality and orientation in droves into Lagos, this is a security risk...those people will be allowed to roam Lagos State, no documentation, no skills, they will turn into crime and constitute nuisance...I expect Lagos State government to go to that facility and vet all those people, ensure they are housed and guaranteed or removed from Lagos. Even in America you can't do this.

Story ..

They are Nigerians they have right to work anywhere..

They were employed to work..how does that constitute to nuisance?

If Agberos will do the job they will not call for Hausa in the north.
Like someone said there are some menial jobs that only core Northerners can be humble enough to do

daveP:
You are part of Nigeria's problems if this is how you reason.


International exams have weeks and months to prepare for exams but you're here justifying 48hr for an exam that if they fail, the Prof will brag about Anti-cheating system?

Why are you talking like this? Why are you refusing to see the factors that caused initial failure and building a myopic POV on that?


Replacement is not what we need. We need a more direct system and scrap this 1978 one that all the modifications cannot help progress an iota of the entire education terrain. Intelligent discourse and minds will proffer better systems with credible use of technology and accountability. Till then, 1978 has outlived it's relevance

The students had months to prepare for JAMB..there was a glitch and they are asked to resit..
So you tell me that any serious student will forget everything he/she studied for months..

You are the one not thinking straight because of emotions and equally part of Nigeria's problems.

JAMB CBT isn't a system of 1978..

There was glitch..no body is denying that..

If there is any concerns I have is what are the requirements used to select just a little above 300k to resit..

Ur issue of rewriting in 48hrs is a baseless excuse

daveP:
Fact. We don't need Jamb especially as the reason it came about has failed entirely. It is a bottleneck that's having pseudo-progress but it is getting worse and mediocrity has taken over. Fake tears and apologies can't fix this rot. He is right on this.

We need intelligent brains of the highest level to converge and restructure this education sector of Nigeria. The best brains definitely are not at the helm. They're not even proactive. They didn't even remember in all their board meetings that setting exams for 6am for kids was a security risk all rounda. That oversight alone indicts the entire body called jamb.

And as if that wasn't enough, they are ordering a resit under 48hours for an exam that will decide the year of a youth? So 48hrs is enough to study for such an exam after the depression they initially caused. Who are these guys at the helm really? Who are they??

Why should any student forget all he/she read for in just a few days ... 48 hrs is enough to revise and sit back . If you spent 3 weeks to write an exam and failed Nd you know you did not fail, you shouldn't have a problem taking a resit in 48 hrs.

You want JAMB scrap but you cannot propose one single replacement.. JAMB was created to actual structure the admission giving process in Nigeria.

Post UTME and NECO should be scrapped as it is corruption filled and unnecessary.

WAEC should upgrade to CBT

O and A levels that are riddled with mal practices?

Segzy19:
They can modify NYSC like letting people serve within their region and they can only serve outside their region only if they chose to.. The program itself can be enriched to make it more meaningful

They won't scrap it
A lot of economics and trades are tied to it.
Imagine the number of people that will become jobless; thousands and the ripple effects

Transporters make money moving corp members around to various locations

Some people basically rely on the mammy markets as means of livelihood, although it is exploitative

How about those who produce the uniforms and Nysc kits... It's huge millions to them...

JAMB can be scrapped... O and A levels are enough for university admission....

GindoX:
Hmmm, nawa ooo... Putting wrong people in key positions dey don't deserve... Wetin him know about IT, can he even shut down a windows 11 PC?

His position is administrative..

He doesn't technically need to be a computer scientist..a computer scientist can head that agency and there can still be glitches
... this is where you are wrong..

After all, JAMB has been running CBT for many years under his control and there were no glitches until now

Jonwesley:
Well that Initialism (MAU) already exists in Moshood Abiola University and may be the reason why your suggestion is not the best.

then Moses Adasu University, Makurdi will be the perfect fix..

It's not compulsory for the word to know his title and all his name..

Every other great institutions named after prominent figures do not have title included.

They also did not include all the figure's names

Jonwesley:
Reverend Father Moses Adasu University (RFMAU) should be okay. Why put Orshio to it. Must all his village names be there?

Moses Adasu University is much better

Rubbish!!!!!

Yep..JOSTUM host a 8.25MW Solar hybrid plant ..

https://www.youtube.com/watch?v=50VS7IxUsRc

The Cement King: How Dangote Took Over Nigeria’s Cement Industry

In the 1990s, Nigeria was facing one of its worst economic crises. The naira was crashing, foreign exchange reserves were shrinking, and the nation was completely dependent on imports—especially for cement, a key material in the midst of a national construction boom.

At a time when cement prices skyrocketed from ₦38 to ₦250 per bag and local production was nearly nonexistent, one man saw opportunity in chaos: Aliko Dangote.

From Importer to Industry Leader

Dangote started as a commodity importer—rice, sugar, flour, and cement. But he knew importing wasn’t sustainable. What Nigeria needed was self-sufficiency. Backed by economic reforms under President Obasanjo, including the Backward Integration Policy, Dangote made a bold move: building Nigeria’s largest cement plants.

He acquired moribund government plants, built the Obajana Cement Plant—once the largest in Africa—and transformed Nigeria from an importer to a self-producing cement power.

The Cement Wars: Dangote vs Ibeto

But the road to dominance wasn’t smooth. Chief Cletus Ibeto, a key player in the industry, became Dangote’s fiercest competitor. Their rivalry became known as the Cement War—a story of politics, strategy, and industrial ambition that shaped Nigeria’s economy.

Dangote Cement Today

Now operating across more than ten African countries and controlling over 60% of Nigeria’s cement market, Dangote Cement is a case study in local industrialization, ambition, and monopoly. But many still ask: why are cement prices still high? Has Nigeria truly benefitted?

This documentary tells it all—rivalries, political backing, power moves, and long-term impact.

https://www.youtube.com/watch?v=50VS7IxUsRc

The Cement King: How Dangote Took Over Nigeria’s Cement Industry

In the 1990s, Nigeria was facing one of its worst economic crises. The naira was crashing, foreign exchange reserves were shrinking, and the nation was completely dependent on imports—especially for cement, a key material in the midst of a national construction boom.

At a time when cement prices skyrocketed from ₦38 to ₦250 per bag and local production was nearly nonexistent, one man saw opportunity in chaos: Aliko Dangote.

From Importer to Industry Leader

Dangote started as a commodity importer—rice, sugar, flour, and cement. But he knew importing wasn’t sustainable. What Nigeria needed was self-sufficiency. Backed by economic reforms under President Obasanjo, including the Backward Integration Policy, Dangote made a bold move: building Nigeria’s largest cement plants.

He acquired moribund government plants, built the Obajana Cement Plant—once the largest in Africa—and transformed Nigeria from an importer to a self-producing cement power.

The Cement Wars: Dangote vs Ibeto

But the road to dominance wasn’t smooth. Chief Cletus Ibeto, a key player in the industry, became Dangote’s fiercest competitor. Their rivalry became known as the Cement War—a story of politics, strategy, and industrial ambition that shaped Nigeria’s economy.

Dangote Cement Today

Now operating across more than ten African countries and controlling over 60% of Nigeria’s cement market, Dangote Cement is a case study in local industrialization, ambition, and monopoly. But many still ask: why are cement prices still high? Has Nigeria truly benefitted?

This documentary tells it all—rivalries, political backing, power moves, and long-term impact.

you have not said anything at all

gare:
Let’s be realistic while operations will eventually commence fully, it’s unreasonable to expect a refinery that has not been working for over 15years to resume optimal performance overnight.

The refining process is complex. Crude oil does not immediately yield PMS (petrol); there are several by-products that are processed first before reaching the stage where PMS is produced. This progression takes time and cannot be rushed.

In some cases, modifications to the original plant design may be necessary due to evolving requirements or outdated components and that too requires time and careful engineering. Teams are working around the clock to bring these refineries back on stream.

It is therefore unfair and misleading for individuals especially those who should understand the technicalities to make sweeping, inaccurate claims that misinform the public. Let’s allow the professionals to do their work and support their efforts with facts, not sensationalism.

ask your energy expert when he visited the refineries with proof, not sitting in his office to conclude

DisGuy:
Post the pics of Ibetos cutting edge factory

going through this trend now and I see why Nigeria is in for a long ride just because of how Nigerians will always put emotions, tribe and religion before critical reasoning and evaluation

U.S consulate, Lagos

The U.S. is building its largest consulate in the world on a 12.2-acre site in Eko Atlantic, Lagos, with a $537 million investment. Featuring a diagrid façade inspired by Nigerian patterns, the eco-friendly design includes renewable energy, water recycling, and climate resilience.

First Bank is building a 43-story headquarters in Eko Atlantic, set to be Nigeria’s tallest skyscraper. Designed for sustainability, it features smart offices, an integrated banking hub, and energy-efficient systems. The groundbreaking took place on March 5, 2025, attended by top officials.

Rugby School Nigeria

Rugby School Nigeria, the first African branch of the British institution, is under construction in Eko Atlantic. Opening in September 2025 with a Sixth Form program, it will expand to a full secondary school by 2026. Over 600 workers are building top-tier facilities, including classrooms, labs, sports fields, music studios, and an innovation center.

Emmanuel Chapel Methodist Church

Emmanuel Chapel Methodist Church is building a state-of-the-art A-frame complex in Eko Atlantic, designed as "Hands in Prayer." Awarded to Buildisa Construction FZE in October 2024, the project has been ongoing for over three years. It will serve as a faith-based landmark with modern facilities, an auditorium, meeting rooms, and meditation gardens.

Orca Deco Mall,

this is being built by ITB Nigeria, spans 30,000 sqm and will be a top shopping and entertainment hub in Lagos. It will feature high-end stores, fine dining, a cinema, and family entertainment, offering a world-class retail experience for tourists and residents.

Phoenix Tower

This is a 27-story luxury residential building in Eko Atlantic’s Downtown District. Spanning 3,442 sqm, it offers one and three-bedroom apartments and penthouse villas. Amenities include a pool, spa, gym, and concierge. Located near business hubs, it features top security, high-speed internet, and uninterrupted power. As of March 2025, construction has reached the 19th floor.

A & A tower
this is a 22-story, 73-meter luxury apartment building in the Oceanfront District. It houses 98 upscale units (1, 2, and 3-bedroom) and features energy-efficient systems, water recycling, and green spaces. Located near Lagos’ financial district, it offers high-end urban living with amenities like a fitness center, spa, pool, high-speed elevators, and 24-hour concierge. Its diagrid façade enhances aesthetics and structural stability.

https://www.youtube.com/watch?v=STEyIBqeJ-c?si=x48EZ5493s4COEYW

Eko Atlantic City is a massive urban development project in Lagos, Nigeria, designed to reclaim land from the Atlantic Ocean and create a modern smart city. Initially planned as a way to prevent coastal erosion, it has grown into a futuristic city with high-rise buildings, advanced infrastructure, and eco-friendly designs. This development aims to position Lagos as a global business hub while offering cutting-edge residential and commercial spaces.
prior to First Bank Unveiling its new headquarter building in the city, many Nigerians believe nothing much happens in the city. this thread aims to clear your doubt.
Here are some of the major projects currently shaping this new city development

Buhari4dullard:
Why is there an Oil Refinery in Kaduna?
Is there Oil there?

there is no need for oil to be there
Dangote refinery is in Lagos.. there is literally no oil in Lagos

good one, once the 2nd phase of the blue line and the planned green line comes onstream, Lagos will have over 100km of metro line.. far beyond the length in many top cities of the world including Dubai metro


https://www.youtube.com/watch?v=jS2u-ybJtqg

Paraman:
Are you sure it will be ready next year? Sanwo is not joking o

it will ..any delay will not exceed 2027 1st quarter because of the elections

https://www.youtube.com/watch?v=jS2u-ybJtqg