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FG Needs To Support Local titans Like Dangote - Femi Otedola - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessFG Needs To Support Local titans Like Dangote - Femi Otedola (10782 Views)

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FG Needs To Support Local titans Like Dangote - Femi Otedola by fergie001(op): 8:21pm On Jul 23, 2024
My brother, the Visionary, has built the largest single train refinery in the world, not in Kano, but in Lagos State. He is the owner of the second-largest sugar refinery in the world, also in Lagos State, and the largest cement factory in the world, not in Kano, but in Kogi State. Additionally, he has established one of the second-largest fertilizer plants in the world, soon to surpass the biggest one in Qatar, also in Lagos State. Furthermore, he has built a fertilizer plant in Lagos that already exports globally. Aliko Dangote is a titan that God created specially for mankind.

Aliko Dangote is also the largest private sector employer of labor in the country, and his companies are among the largest taxpayers. In fact, the Dangote Group often pays more in taxes than the top banks combined. If not for him, we would still be importing cement. His contributions extend beyond industrial facilities to critical infrastructure, having built major roads such as the Apapa Oshodi-Owonrosoki Express Road, Wharf Road, and the Obajana-Kabba Road.

Countries in the nascent stages of industrialization require visionary leaders. This is why it’s no surprise that the United States was built by the vision and tenacity of a few remarkable individuals—Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan, and Henry Ford—THE MEN WHO BUILT America’s industrial landscape. These men left the world without these assets but left behind a legacy that has kept their country thriving generation after generation. Their contributions were immortalized not in the material wealth they amassed but in the enduring institutions and industries they established. These visionaries were also supported by their government, which recognized the importance of fostering local champions.

Similarly, today’s tech giants like Microsoft and Tesla received substantial support from the US government. For example, in January 2010, the Department of Energy issued a $465 million loan to Tesla Motors to produce specially designed, all-electric plug-in vehicles and to develop a manufacturing facility in Fremont, California to produce battery packs, electric motors, and other powertrain components for powering these innovative vehicles. This initiative is part of broader efforts, such as the federal EV-charging program supported by the infrastructure law known as the National Electric Vehicle Infrastructure program, or NEVI.

In India, the government has been instrumental in supporting business titans like Gautam Adani and Mukesh Ambani. Their companies have received significant backing to grow and expand, contributing substantially to India’s economic growth and global business footprint.

There are also records of emerging market countries like Vietnam, South Africa, Brazil, and China where their governments have supported local businesses to jump-start industrialization. In Vietnam, the government has provided various incentives to tech companies, fostering a rapidly growing technology sector. In South Africa, government support for the mining industry has been crucial in maintaining its global competitiveness. Brazil has seen substantial government investment in its agricultural sector, transforming it into one of the world’s leading food exporters. In China, government backing for companies like Huawei and Alibaba has propelled them to global leadership in technology and e-commerce.

In Nigeria, we have our own titans, and it is imperative that we recognize and support them. Aliko Dangote has broken every boundary in worldwide business and industry. His contributions are not just a testament to his brilliance but a beacon of what is possible when vision meets opportunity. Supporting local champions like Dangote is crucial for our national development and economic independence. Let us continue to foster and support these visionaries who drive our nation’s progress… F.Ote💲
Femi Otedola

Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by EreluRoz: 8:23pm On Jul 23, 2024
Dangote can never go wrong in Otedola's eyes
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Jamesbiodun(m): 8:31pm On Jul 23, 2024
Na their likes they make things cost for Nigeria, FG and all the elite are m**d
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Sonnobax15(m): 8:42pm On Jul 23, 2024
cheesy
So Dangote of all people don turn to local titan...
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by EyeCumInPeace: 8:48pm On Jul 23, 2024
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Anguldi(m): 8:57pm On Jul 23, 2024
A true friend tongue

That mannequin at the villa needs to be sent packing undecided

All those Lagos stories are white lies. Agbado founder of Lagos doesn't have a business that justifies his wealth, it's extortion based on percentage that he's feeding fat. Tueh to Agbadorians

Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Brendaniel: 8:58pm On Jul 23, 2024
If Dangote is willing to sell his refinery to a private individual I can just decide to buy it from him...
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Olamila: 8:58pm On Jul 23, 2024
His a co founder of the monopoly hahahaha
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Femich18(m): 8:58pm On Jul 23, 2024
This fight nah fight to finish
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by GreenxGreen: 8:58pm On Jul 23, 2024
cool

Please help us talk to that sleeping master

Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Thewrath: 8:58pm On Jul 23, 2024
Oh
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Shikini:
If Dangote Refinery were owned by a Yoruba man, would Tinubu behave this way?

I noticed that during the launching of that refinery, Thiefņubu was absent.

It is also surprising that till date, Tinubu has not visited the site to take a tour.

He doesn't seem to care that Dangote Refinery exists.

The president, by his actions is encouraging the round tripping allegedly going on in NNPC or, is he benefiting?
.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Flame333:
The summary of why I feel we are not enjoying the benefit of this guy yet like other countries do with their wealthy personal is because he is in the midst of corrupt elements who are bent on dying as the most corrupted people or leaders the world has ever known.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by phemmie06(m): 8:59pm On Jul 23, 2024
He is a monopolists but did he run down their refineries?
If not for evil jealous, why are we still importing.
We still import fuel, the same he is exporting while he is import crude oil we export.

Our leaders are werey
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Klington: 8:59pm On Jul 23, 2024
huh

They're beginning to find their lost voices one after the other.

Otedola was hiding behind dangote to register his displeasure about BATeria's disastrous, directionless, clueless and visionless policies.

Now it's clear that BATeria is on a very dangerous mission to destroy everything, him and dangote started bleating every eke market day like a she goat in a heat.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Zxcvbnmghtr: 9:00pm On Jul 23, 2024
cry

Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by ElevationD: 9:00pm On Jul 23, 2024
Very sad to hear.

So all our hopes to get cheaper petrol from Dangote became waste of our precious time?
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by ytdivine(m): 9:00pm On Jul 23, 2024
Those fighting him are doing so for their selfish interests.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Justbeingreal(m): 9:01pm On Jul 23, 2024
Sonnobax15:
cheesy
So Dangote of all people don turn to local titan...
Irony..
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by ngwaIgbo223: 9:01pm On Jul 23, 2024
Tell your brother. He is the one jealous of dangote and he is trying harder to bring him down. Dangote is not a drug dealer neither did he ran away from United States on drug charges.

Kiss the truth.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Promise47(m): 9:02pm On Jul 23, 2024
Dangote you have my support Boss
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Major77: 9:02pm On Jul 23, 2024
Everytime story story una say dangote go make Nigerians enjoy fuel now story again.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Anguldi(m): 9:03pm On Jul 23, 2024
tongue
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by freakyavia: 9:03pm On Jul 23, 2024
Lol after funding the campaign the BAT is sucking you dry
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Akaegwu(m): 9:05pm On Jul 23, 2024
Dangote will make fuel ⛽ and diesel cheaper according to MY FELLOW APC MEMBERS. Now APC government officials and appointees are fighting hard to rubbish his huge investment.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by kingolu1(m): 9:07pm On Jul 23, 2024
I'm 100 % in support of Dangote, people complaining about monopoly should endeavour to take the risk his taking, they would rather loot the country to go and invest in another country or buy property outside the country
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by spiSeyi: 9:08pm On Jul 23, 2024
The rich also cry
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by spiSeyi: 9:08pm On Jul 23, 2024
I saw this coming and Dangote should know better, Dangote was an OBJ boy and he has been enjoying the government pampering for decades. The truth every government has his own, maybe Dangote has learned about another competition coming through PBAT and most business men hate competition. Above all, I am sure that another massive private refinery will emerge soon. Dangote & Ote$ knew this hence they were wailing to get the public sympathy. If Dangote like let him play the victim game from now till tomorrow ARAMCO and other Indian refineries are coming to stay. grin
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by GreenxGreen: 9:09pm On Jul 23, 2024
EreluRoz:
Dangote can never go wrong in Otedola's eyes
Is not about that is just the facts.

American government recently imposed a very heavy Tax on China electric cars in order to Protect TESLA . And also remember how the bail out the big moto companies during the global economic crisis !

After Government. Dangote is the second largest employer of direct labor.

I can go on and an again but the average Nigerian doesn't care about facts and reasons.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by EreluRoz: 9:14pm On Jul 23, 2024
GreenxGreen:
Is not about that is just the facts.

American government recently imposed a very heavy Tax on China electric cars in order to Protect TESLA . And also remember how the bail out the big moto companies during the global economic crisis !

After Government. Dangote is the second largest employer of direct labor.

I can go on and an again but the average Nigerian doesn't care about facts and reasons.
thinderwillfayayou if you don't thread carefully.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by LeopardX:
Dangote only have about $3.3bn of his money in his refinery valued at $19bn, at least.

So he is not fighting the cabals alone. Hence his confidence.

Some powerful investors are also behind him, Otedola inclusive.

Some of them are cabals in their own right.

That refinery CANNOT fail.
Re: FG Needs To Support Local titans Like Dangote - Femi Otedola by Tjra: 9:18pm On Jul 23, 2024
He's been enjoying government support and patronage for decades.

What has changed?
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