raumdeuter:


If Tinubu didnt contest and it was straight between Atiku and Obi

Who do you think will win?

IMO

Atiku vs Obi = Atiku
Atiku vs Tinubu = Atiku
Tinubu vs Obi = Tinubu
Tinubu vs Atiku vs Obi = Tinubu

There was no permutation where Obi can win any of the front 3 candidates

With the way INEC is hiding information contained in the BVAS I am completely sure that Peter Obi won that election. Tinubu was rigged in by INEC. So my permutations were near correct.

liveLongNprospa:


Lmaoo... You are in for a long battle boss🤲

Experience is the best teacher

iamoyindamola:
It's a good thing to have a refinery, the question we have is will it reduce our cost of production and reduce the price of petrol for the final consumers
That's the koko
Una too they hurry do copy and paste oga oo

The important thing is to end long lines of cars searching for petrol to buy….. We shouldn’t be dealing with fuel scarcity in 2023.

Spy360:

With the way INEC is hiding information contained in the BVAS I am completely sure that Peter Obi won that election. Tinubu was rigged in by INEC. So my permutations were near correct.

El oh El

iamoyindamola:

No be so, we deal on cement too
If dangote supply at 1700 for example those truck drivers will add their own 200/300 per bag or else they will take it to another dealer.
We can sell 2600 or 2700 how is that 50%

You too do the calculation now.

If it’s 1700 from Dangote factory and it retails at 2600 or 2700 from retailers, that’s a 900-1k difference from factory to consumers. That’s basically 50% margin. I’m not sure Dangote himself makes that high per bag.

liveLongNprospa:


You sure about this thing you talk so?
Coz I worked with lafarge and this your story get as e be

Well if you have contrary information, you can share with us.

I believe Dangote also ventured into fruit juice biz with the dansa brand, but closed shop soon after.

OasisX:
Breaking Bad News;

President Biden Announces Presidential Delegation to the Federal Republic of Nigeria to Attend the Inauguration of His Excellency Bola Ahmed Tinubu.

President Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to attend the Inauguration of His Excellency Bola Ahmed Tinubu on May 29, 2023, in Abuja, Nigeria.
 

https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/22/president-biden-announces-presidential-delegation-to-the-federal-republic-of-nigeria-to-attend-the-inauguration-of-his-excellency-bola-ahmed-tinubu/

Bad news to Obidients, right? You no well. 😄

OasisX:
Breaking Bad News;

President Biden Announces Presidential Delegation to the Federal Republic of Nigeria to Attend the Inauguration of His Excellency Bola Ahmed Tinubu.

President Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to attend the Inauguration of His Excellency Bola Ahmed Tinubu on May 29, 2023, in Abuja, Nigeria.
 

https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/22/president-biden-announces-presidential-delegation-to-the-federal-republic-of-nigeria-to-attend-the-inauguration-of-his-excellency-bola-ahmed-tinubu/

na wa ooo. to misquote gej - america will not know . damn! that old joe biden obviously can't read. maybe if chief adichie had personally read the letter to him he would be able to comprehend the magnitude of the rape of democracy and theft of peter obis man-date.ah i see - thats the mistake chief adichie made. all she should have done is write that Thifnoobooboo had stolen Peter Obis man-date in an act of homophobic aggression. Peter obi cannot live with out his man-date . the yin to his yang; the bass to his falsetto.

raumdeuter:


El oh El

Dey play Dayo

Just dey play 😂

OasisX:
Breaking Bad News;

President Biden Announces Presidential Delegation to the Federal Republic of Nigeria to Attend the Inauguration of His Excellency Bola Ahmed Tinubu.

President Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to attend the Inauguration of His Excellency Bola Ahmed Tinubu on May 29, 2023, in Abuja, Nigeria.
 

https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/22/president-biden-announces-presidential-delegation-to-the-federal-republic-of-nigeria-to-attend-the-inauguration-of-his-excellency-bola-ahmed-tinubu/

May 26th

OasisX:
Breaking Bad News;

President Biden Announces Presidential Delegation to the Federal Republic of Nigeria to Attend the Inauguration of His Excellency Bola Ahmed Tinubu.

President Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to attend the Inauguration of His Excellency Bola Ahmed Tinubu on May 29, 2023, in Abuja, Nigeria.
 

https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/22/president-biden-announces-presidential-delegation-to-the-federal-republic-of-nigeria-to-attend-the-inauguration-of-his-excellency-bola-ahmed-tinubu/

Dagger in the hearts of Obidients from Biden

Time to cancel America

OasisX:
Binani Air launched.

Na Aisha own am?

larride:


Yes. The margin the wholesalers put on those cements is almost 50%.

There’s this Dangote interview I watched where he lamented that the retailers are making more profits than he is making on each bags

Can u please share the interview u are referring to here ?

I doubt Dangote is saying the truth if he indeed claimed wholsesalers put almost 50% margin on his products when it gets to their hands.

For starters I know Dangote stopped carrying his products a long time ago. He already hedged that risk by allowing distributors own trucks registered under his franchise to carry products from his depot in Obajana to any part of the country . Most times when those trucks have accidents and people burn them down in the hope of hurting Dangote’s business , they don’t know they are destroying the business of their kinsmen who own the trucks and have it registered under Dangote’s franchise .

For example the risk involved in transporting products from Obajana to Kebbi state is transferred to the wholesaler who is carrying the product ; risks such as paying all security men on the road , escaping robbers in the road and even risk of having ur truck burnt down when an untoward event happens .

I remember a case in 2021 when one truck killed an okada man in Obajana , the youth of the town mobilized and burnt all the trucks on queue waiting to load at the depot . ( These trucks belong to individual businessmen who keyed into Dangote’s logistics franchise and they had to beat the risk on behalf of Dangote ).

I think Dangote is being economical with the truth if he’s claiming wholesalers put as much as 50% margin on his products ex-factory works . If u have a sit-down talk with the wholesalers, u will be surprised those margins aren’t that high as Dangote make them seem .

Lastly I found it very very hard to believe that an entrepreneur will assemble all the factors of production to come up with a product offering to the consumers only to have wholesalers making 50% margin on the final product . It won’t even happen in the most capitalist economies my brother .

BlueRayDick:


Can u please share the interview u are referring to here ?

I doubt Dangote is saying the truth if he indeed claimed wholsesalers put almost 50% margin on his products when it gets to their hands.

For starters I know Dangote stopped carrying his products a long time ago. He already hedged that risk by allowing distributors own trucks registered under his franchise to carry products from his depot in Obajana to any part of the country . Most times when those trucks have accidents and people burn them down in the hope of hurting Dangote’s business , they don’t know they are destroying the business of their kinsmen who own the trucks and have it registered under Dangote’s franchise .

For example the risk involved in transporting products from Obajana to Kebbi state is transferred to the wholesaler who is carrying the product ; risks such as paying all security men on the road , escaping robbers in the road and even briaknof having ur truck burnt down when an untoward event happens .

I remember a case in 2021 when one truck killed an okada man in Obajana in 2021 , the youth of the town mobilized and burnt all the trucks on queue waiting to load at the depot . ( These trucks belong to individual businessmen who keyed into Dangote’s logistics franchise and they had to beat the risk on behalf of Dangote ).

I think Dangote is being economical with the truth if he’s claiming wholesalers put as much as 50% margin on his products ex-factory works . If u have a sit-down talk with the wholesalers, u will be surprised those margins aren’t that high as Dangote make them seem .

Lastly I found it very very hard to believe that an entrepreneur will assemble all the factors of production to come up with a product offering to the consumers only to have wholesalers making 50% margin on the final product . It won’t even happen in the most capitalist economies my brother .

Plus outside of that Dangote trucks nor dey get taxed by agbero.
Coz na Dangote trucks so that man dey lie anyhow.

Anyways make dey break well I go call to find out the price wey lafarge dey sell as at today to distributors and the price those ones dey sell

larride:


Well if you have contrary information, you can share with us.

I will.
Make them wake up first

larride:


You too do the calculation now.

If it’s 1700 from Dangote factory and it retails at 2600 or 2700 from retailers, that’s a 900-1k difference from factory to consumers. That’s basically 50% margin. I’m not sure Dangote himself makes that high per bag.

No na, what about the 200/300 the drivers put?
You can’t tell me dangote doesn’t know about this

Ibime:


Experience is the best teacher

It's one of the sweetest things.
You go learn new things in the process.
You battle differently than he does but I've realized that with more responsibilities in your daily lives, the way yall reply is not as tight or as detailed as back then.
Probably due to you guys been busy with life.. It happens😁

Miracle nor dey tire Jesus.

Economics inside this country dey turn head.

Where Dangote see money pay back 70% when refinery never start?

My prayer is that this refinery is not one of those things that what it cost the nation to build doesn't outweigh its benefits.

Abeg God.
Nigeria desperately needs a break

Always Pessimistic😒😒

BlueRayDick:


Can u please share the interview u are referring to here ?

I doubt Dangote is saying the truth if he indeed claimed wholsesalers put almost 50% margin on his products when it gets to their hands.

For starters I know Dangote stopped carrying his products a long time ago. He already hedged that risk by allowing distributors own trucks registered under his franchise to carry products from his depot in Obajana to any part of the country . Most times when those trucks have accidents and people burn them down in the hope of hurting Dangote’s business , they don’t know they are destroying the business of their kinsmen who own the trucks and have it registered under Dangote’s franchise .

For example the risk involved in transporting products from Obajana to Kebbi state is transferred to the wholesaler who is carrying the product ; risks such as paying all security men on the road , escaping robbers in the road and even risk of having ur truck burnt down when an untoward event happens .

I remember a case in 2021 when one truck killed an okada man in Obajana , the youth of the town mobilized and burnt all the trucks on queue waiting to load at the depot . ( These trucks belong to individual businessmen who keyed into Dangote’s logistics franchise and they had to beat the risk on behalf of Dangote ).

I think Dangote is being economical with the truth if he’s claiming wholesalers put as much as 50% margin on his products ex-factory works . If u have a sit-down talk with the wholesalers, u will be surprised those margins aren’t that high as Dangote make them seem .

Lastly I found it very very hard to believe that an entrepreneur will assemble all the factors of production to come up with a product offering to the consumers only to have wholesalers making 50% margin on the final product . It won’t even happen in the most capitalist economies my brother .

I’ve been trying to get my hands on that interview since last night with no success. I can’t remember if it was on Twitter I saw the video or YouTube.

Look at the breakdown that iamoyindamola gave and you will see it mirror at least closely to what I said and attest to what you say also.

Dangote, lafarge and bua sells cement at almost at the same factory price, it is the additional cost and profit margins of distributors that makes Dangote cement more expensive than the others.

liveLongNprospa:
Miracle nor dey tire Jesus.

Economics inside this country dey turn head.

Where Dangote see money pay back 70% when refinery never start?

Shey him no get any other business wey Dey bring in money for him again?

iamoyindamola:

No na, what about the 200/300 the drivers put?
You can’t tell me dangote doesn’t know about this

Well according to what Blueray explained. He knows.

OasisX:
Breaking Bad News;

President Biden Announces Presidential Delegation to the Federal Republic of Nigeria to Attend the Inauguration of His Excellency Bola Ahmed Tinubu.

President Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to attend the Inauguration of His Excellency Bola Ahmed Tinubu on May 29, 2023, in Abuja, Nigeria.
 

https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/22/president-biden-announces-presidential-delegation-to-the-federal-republic-of-nigeria-to-attend-the-inauguration-of-his-excellency-bola-ahmed-tinubu/

Be like Joe Biden no read any letter oo

larride:


I’ve been trying to get my hands on that interview since last night with no success. I can’t remember if it was on Twitter I saw the video or YouTube.

Look at the breakdown that iamoyindamola gave and you will see it mirror at least closely to what I said and attest to what you say also.

Dangote, lafarge and bua sells cement at almost at the same factory price, it is the additional cost and profit margins of distributors that makes Dangote cement more expensive than the others.

I disagree with this position in bold. Dangote cement being priced higher than other brands might be due to a lot of factors other than distributor's margin. For example it could be due to branding and how acceptable the brand is ; It could be due to the fact that Dangote is a market leader like indomie in the noodles market(which makes indomie more expensive than other brands), It could even be due to the marketing/advertising effort of his business managers who have imprinted it in people's mind that Dangote cement is a better brand such that u are willing to buy Dangote's cement cos u feel safer due the the quality product they promise in their adverts and marketing effort.

I honestly don't think wholesalers just price Dangote cement higher because they feel like doing so. Whatever the case may be, Dangote the man surely knows about it.

izzou:


There is Tummy Tummy
Chiki Chiki
Supreme
Golden Penny
These are the few I know

So how come these ones haven't folded up?

You don't have to know a business for it to make profit.

Dangote left because he wasn't making profit, not because they didn't know him

In the east Na tummy tummy be no1. Maybe it's because of the carrot inside.

When I saw indomie generates 1 billion dollars annually and I ask myself if this can happen without conquering the whole Nigeria then there is money to be made in the country with the right investment.

izzou:



He sold his flour mills
He had noodles. He sold it to Multipro

He sold his noodles to Dufil prima. At present no food brand can rival or conquer dufil foods I think it's impossible. These guys know Nigeria more than we do. See what they did with power oil, no wonder they keep investing more in the country.