₦airaland Forum

Sell ajaokuta and rusal alscon, Delta steel and itakpe iron and sell to him.
He will revive it and create employment to the teeming youths.

EcoNews:
I no for a fact your own is a nonetity n I am yet to see a successful nonetity before.

Yours is a nonentity too, abi na dangote born you??

kokoA:
He should just buy that Ajaoukuta steel make we rest.

Nigerian government can even dash him as long as he will get the steel plant working.

If there can be 20 Dangote in Nigeria, our economy will be massive.

This man keep motivating me.

Kudos to Africa's greatest businessman of the century.

lordm:
power is for FG

Well they are doing a bad job so should liberalize ... I was trying to apply for BOI loan for a start up ..notice they are more interested in funding equipment despite it been a rural scheme ....but fear of Operating cost just held be captive , I just left the farming scheme on their portal like that .. I no get money to dey buy diesel all the time especially when they claim subsidy is out ...but with constant electricity you can plan and you don't need to be servicing an overworked generator.

lordm:
Think of production like Dangote and not consumption like you do. That's why he is the richest in Africa

Explain your statement.

BossGerald:
You too are you fatherless

Its actually you and your father that are d loser. Someone is investing in the economy so that we dont have to keep importing and youre complaining, a move that will employ thousands in Nigeria, and will still bring down the cost of steel, something that you or any of your family members cant do.

If you cant employ thousands of Nigerians like Dangote, or produce what Nigerians need like him, why dont you keep quiet and better still ignore his products instead of demonstrating the worthless DNA of foooooooooooolishness that runs in your family on social media.

Nigeria is a virgin land to be discovered. So many business opportunities spread all over the face of Nigeria waiting to be tapped. The good thing about these opportunities is the fact that most opportunities are littered at the top most level of the land whereby you need to do little to achieve your aims. However, the various leadership of the country since inception of Nigeria solely closed eyes against those resources but focus on only the Niger Delta crude oil. There's gold in Zamfara, Niger, Oyo, Osun and some part of Kaduna. Also Diamonds have been discovered in some areas of Zamfara. What about several solid rock minerals like dolomites etc...littered and practically picked at the surface in Ondo, Ekiti, Kogi axes. So much minerals still yet to be discovered all over Nigeria. How about Lithium, the backbone of any auto battery manufacturer, how about Nickel. All these are spread all over the surface of Nigeria land but the Leadership deliberately closed their stupid eyes to these things and solely depends on Niger Delta oil.

7upnigeria:
Its actually you and your father that are d loser. Someone is investing in the economy so that we dont have to keep importing and youre complaining, a move that will employ thousands in Nigeria, and will still bring down the cost of steel, something that you or any of your family members cant do.

If you cant employ thousands of Nigerians like Dangote, or produce what Nigerians need like him, why dont you keep quiet and better still ignore his products instead of demonstrating the worthless DNA of foooooooooooolishness that runs in your family on social media.

Coming from a fatherless fooooooooooooooooooooooooooooooool

Babangidapikin:
I know you want to focus on building and construction ...and what you can control in terms of market without interference but Alhaji this country needs electricity .... Please look into that sector and how it can be run efficiently despite regulatory oversight.

Can you invest where you won’t see your capital

Electricity In Nigeria is the last where many people by pass and use free light many barrack and house don’t pay

Can u by pass and not pay to use fuel or steal

Menclothing1:
Can you invest where you won’t see your capital

Electricity In Nigeria is the last where many people by pass and use free light many barrack and house don’t pay

Can u by pass and not pay to use fuel or steal

ByPass is always the excuse power company give for inefficiency... Do common man on the street knows how to bypass, is it there own people that make it possible.

immortalcrown:
Explain your statement.

Learn to be someone that produce what you can sell

lexy2014:
How is he giving them wotowoto?

Come and see wailing all over the East. Dangote's achievements is their nightmares.

Masterstroke4:
Dangote To Venture Into Steel Production, Targets Meeting Demand In West Africa.


https://nairametrics.com/2024/06/13/dangote-to-venture-into-steel-production-targets-meeting-demand-in-west-africa/?amp=1

Meet Nigeria need first na

The price of any commodity that he invest in skyrockets in Nigeria. Let's wait and see.

This I have seen.

They should sell ajaokuta steel to this man since they are not making good use of it other than to steal money ..🤔

way to go , Dangote Steel is better than having those Chinese produce inferior quality and also treat us like 2nd Citizens in our country.

kokoA:
He should just buy that Ajaoukuta steel make we rest.

He cannot buy that scam.

Godons1:
Dangote is giving them wotowoto.

Giving who exactly?

I think the only people who should be ashamed with this is your government, and the daft masses like you who support the clueless government. Every year, billions of naira is budgeted into ajaokuta steel with nothing to show for it, all looted by your politicians while fools like you cheer them on

Dangote is an enemy of Nigeria and the entire black race.
One man want monopolize the entire country and even west Africa. Next he go start uranium mining and processing

This is wrong on many levels.

There's a massive glut of steel on the world market due to overproduction by tge usual suspect China. They are dumping steel. These excess capacity Chinese capacity will take years if not decades to eliminate.

It would be cheaper to simply import this steel than waste literal billions of dollars building steel plants in Nigeria

Secondly, does Nigeria even have any comparative advantage in producing steel? I very much doubt it. The only reason why this will work boils down to protectionism.

West Africans should not need to pay more for steel than it necessarily would.

lordm:
Learn to be someone that produce what you can sell

How does my comment warrant this statement from you?

grandstar:
This is wrong on many levels.

There's a massive glut of steel on the world market due to overproduction by tge usual suspect China. They are dumping steel. These excess capacity Chinese capacity will take years if not decades to eliminate.

It would be cheaper to simply import this steel than waste literal billions of dollars building steel plants in Nigeria

Secondly, does Nigeria even have any comparative advantage in producing steel? I very much doubt it. The only reason why this will work boils down to protectionism.

West Africans should not need to pay more for steel than it necessarily would.

Na una say make we diversify....

Welcome to Diversification!!

It takes one Person to Start & Before You Realise it goes viral ....

If we don't explore ourselves, we would never know how much we are capable of ....

Let China do her own while we do our own ...

If Nigeria should wait on Comparative Advantage, We should simply allow Saudi to Produce all The Oyel & Import ... But we still have to do our own Brent(Very Sweet Oil) ....

Dangote wouldn't go there if the cashflows ain't gonna add up in the long-run!

NwaNimo1:
State Capture

https://storage.ko-fi.com/cdn/useruploads/display/0468342e-a87c-452a-885c-a933e39d7586_2.gif

How
Be specific
Indomie and other spaghetti are there
Other cement producers
How did he capture the state and is productive
What does your governor produce
Your senator, rep, lga chair
Now that is state capture
This is bad bele from a lazy yoot

EcoNews:
What is your ipob father waiting for that he refuse to state capture steel now before Dangote delve into it ?!

you de mind the mumu

lexy2014:
And what nationality are you?

I'm a Nigerian, seeing most of u for what u are.

Fearurcreeator:
He for happy if na burial Dangote use money do ... Very useless people... Hotel and fake products business them Sabi well well..

If he used it for burial, it will trend for days unending.

hafeeanubasy:
.as in...
So MARK ZUCKERBERG,ROCKEFELLER,MC ARTHUR,BILL GATES,ELON MUSK,TRUMP...ETC HAVE STATE CAPTURED USA.


HOPE THEY ARE HAPPY THAT INNOSSON AND AIRPEACE ARE ATTEMPTING THEIR OWN STATE CAPTURE TOO.


THEYVDONT ONLY HATE POLITICIANS OF OTHER TRIBE,THEY HATE THEIR WEALTHY ONE AND INVESTORS TOO,THEY SLANDER THEM,WHILE THEY HYPE AND PRAISE THEIR OWN!

CHILDREN OF HATE!

It's their nature.

DonroxyII:
Na una say make we diversify....

Welcome to Diversification!!

It takes one Person to Start & Before You Realise it goes viral ....

If we don't explore ourselves, we would never know how much we are capable of ....

Let China do her own while we do our own ...

If Nigeria should wait on Comparative Advantage, We should simply allow Saudi to Produce all The Oyel & Import ... But we still have to do our own Brent(Very Sweet Oil) ....

Dangote wouldn't go there if the cashflows ain't gonna add up in the long-run!

Please understand the issue at stake here. There are a million and one products for Dangote to venture into! It doesn't have to be steel!

Demand for steel is mostly a derived demand. It is not like end you buy soap or even a car which you can use.

Demand for steel is used to make things. Access to cheap steel, especially flat sheets would make Nigerian manufacturers more competitive

Dangote's entry into the cement industry led to locally made cement selling at premium prices. End users of cement have been crying for over a decade.

The same would happen in the steel industry. Costly steel would make many locally produced products uncompetitive.

To get you abreast with how things work, Dangote has been purchasing crude oil from the US. He has been exporting refined oils. Even if Nigeria had surplus crude oil to sell to Dangote, if he got a better and more reliable deal from the US, he will most likely pick the American.

The steel mills Dangote builds may not even tely on Nigerian iron. High quality iron can be be purchased in Liberia, Mauritania, and soon Guinea. He may not consider local iron good enough.

Companies purchase goods anywhere provides them the best deals. That's how the global supply chain works. It won't be fair for Dangote to deprive West Africans the option of purchasing steel from their preferred suppliers. They are also into business like him.

To build a 5million ton steel plant would cost in the region of $10bn. China builds these things like we do pure water factories.

Were Dangote to invest that money into the Nigerian mining industry, don't be surprised if Nigeria's non-oil exports jumps by $15bn annually within 5 years.

JagabanB:
I'm a Nigerian, seeing most of u for what u are.

if you are a nigerian, that means you are a plague to nigeria as you earlier noted

JagabanB:
Nigeriàñs are a pIague to this country.

who are the "most of u" and what do you see the "most of u" for?

Godons1:
Come and see wailing all over the East. Dangote's achievements is their[b] nightmares[/b].

How is he giving them wotowoto?

what is the wailing all over the east that I should come and see ?

how is Dangote's achievements their nightmare?

NB: is there plural of nightmare?