Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To - Business - Nairaland
Nairaland Forum › Nairaland General › Business › Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To (10553 Views)
| Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by ricson11(op): 8:20pm On Sep 17, 2025 |
https://www.youtube.com/watch?v=eyW-pg0jxFI?si=_WNL_wamnexMHEhq Aliko Dangote has revealed that while building his refinery, Mobil, AP, and Oando were sold for less than $500 million combined. He said he could have bought them but chose not to, in order to avoid being labeled a monopoly. Dangote explained that his focus was on production rather than retail, but warned that if competition turns hostile, he is ready for the fight. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Sirmwill: 8:45pm On Sep 17, 2025 |
If competition turns hostile, he is ready for the fight I laugh in north |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by HeatSeeker(m): 3:38am On Sep 18, 2025 |
He can still buy them. The money is there and no one can really stop him at this stage. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by bigdammyj: 2:12pm On Sep 18, 2025 |
Don't attempt to post censored words by misspelling them. 16. Don't promote shady investments like HYIP, MLM on Nairaland. Noted. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by CharleyBright(m): 2:12pm On Sep 18, 2025 |
Oga, you could have also bought the entire Nigeria, and the cabals that have held this country by the neck could have sold it for you at the best price, but you choose not. Isn't it? Continue |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Omoawoke(m): 2:13pm On Sep 18, 2025 |
Kuku buy the whole Nigeria Buy all of us, then when done buy planet earth and go buy Pluto These capitalist are just evil and unnecessarily greedy about the world. It’s one of the weakness of humanity… acquire, possess and acquire till they depart this earth with not a single pin of what they spent their whole life acquiring Imagine a world without people having Unquenchable thirst and hunger to posses everything… Leave the world to this rich people and even poor people that have that same desire but no means to conquer everything, these people will ruin the world and destroy the basic essence of life and its meaning Life is meant to be free, explored and enjoyed… not living on earth like we owe life debt… and that can happen when people take enough they need and think of humanity, and the pants and animals on Mother Earth… But these ones, they are the ones who come to destroy, possess and destroy and make life harder just to enjoy few decades of power and wealth and depart Las las, Aye o le, Aye lo maye le (The world isn’t suppose to be difficult, na humans make am hard for each other ) Las las, dangote, Elon musk and all of them, them go comot this earth without a single pin… |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Blitzking: 2:13pm On Sep 18, 2025 |
With his cash flow he can buy them all up in a year with out stressing. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by MrSly(m): 2:14pm On Sep 18, 2025 |
Some people for personal reasons don't want fuel pump price to reduce. And they are ready to fight dangote with everything they could muster. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Ihengwu: 2:15pm On Sep 18, 2025 |
This man is a good man. Think of how many people he is putting food on their tables. I don't care if its monopoly or not. What of jobless politicians stealing without doing work. Pls leave this man alone, let him not die early. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Willie2015: 2:16pm On Sep 18, 2025 |
Sirmwill:Thats the ideal model ... for business sustainability in Nigeria... Nigeria business terrain is chaotic... Any business must own the whole value chain to survive... From production to selling retail to consumers... I hope cabals can predict the endgame... once Alhaji goes retail |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Nobody: 2:17pm On Sep 18, 2025 |
The dude is too calculative. He could but was not rewarding enough and he went for a refinery |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Oblongata: 2:17pm On Sep 18, 2025 |
If you can read between the lines, you would know he is referring to the marketers who are trying to ‘twist his wrists’. Go on Baba! |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by TamedMind(m): 2:17pm On Sep 18, 2025 |
Decided not to buy them after listening to your advisers and controllers who are the same cabals tearing up the nation |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Nobody: 2:22pm On Sep 18, 2025 |
So that you can start under paying the staff right? |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Okhuadams(m): 2:22pm On Sep 18, 2025 |
ricson11:Abeg the competition is already hostilization mood let fight begins make their eye clear |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Omoawoke(m): 2:24pm On Sep 18, 2025 |
ricson11:Mr dangote, Before you think of saving Nigerians and investing in Nigeria, What have you done about your dangote truck killers that is ruining dreams and crippling limbs and destroying peoples lives and families ? Uncle Spider man Dangote, please save us from yourself first before you save Nigeria… |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Omoawoke(m): 2:28pm On Sep 18, 2025 |
CoronaVirusPro:Una go just dey praise am like say he be god Give many people the same opportunity he had and you will see millions of “calculative “ Nigerians |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by frog12: 2:28pm On Sep 18, 2025 |
i don't believe this man. he is not telling the whole story. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Gotocourt: 2:28pm On Sep 18, 2025 |
The only original Billionaire in Nigeria, Those people won't let us drink water and keep cup ![]() |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by sweetkev(m): 2:30pm On Sep 18, 2025 |
Ihengwu:Putting food on people's table for free or they work for him while he also makes profit. Can he do the work by himself. If Dangote did not invest in Nigeria, another person will. The world has been in existence before Dangote was born. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by 1gbdata: 2:30pm On Sep 18, 2025 |
He is moving into retails soon. And that will spoil business for cabals |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Twelve12: 2:30pm On Sep 18, 2025 |
Mr Dangote, Sha don't buy PowoLink but you can invest. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by sweetkev(m): 2:32pm On Sep 18, 2025 |
Gotocourt:Backed by politicians and federal government. Subsidized dollars at play. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by OredoPikin: 2:33pm On Sep 18, 2025 |
MrSly:Fuel price is never coming down soon except govt decides to invest in refineries or there is a serious competition with dangote which is not even possible in the next 20yrs. If govt decides to force dangote to sell cheap, he can decide to take his product to other africa countries where he will make more profits. Inshort, we are cooked in this country. Removing subsidy without govt refineries or many private investor in the business already was a very bad idea. Now the whole country is at the mercy of dangote cos fuel price determines our economy |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Nobody: 2:41pm On Sep 18, 2025 |
Omoawoke:He is a god To amass such wealth takes exceptional brilliance. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by KayCee92(m): 2:45pm On Sep 18, 2025 |
Omoawoke:If you don't have to, u also would leave this earth without pin |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Emeskhalifa(m): 2:46pm On Sep 18, 2025 |
Omoawoke:The way you guys talk about these trucks, as if they are the only trucks that get involve in accident. Ogar out of 100 trucks of Dangote, I can tell you the ones involve in accident no reach 20 but since an agenda must agend, everything possible must be said and done to tarnish his image and business. Even in saner climes, truck accident dey happen, except you no dey watch international News. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Omoawoke(m): 2:46pm On Sep 18, 2025 |
CoronaVirusPro:He’s a god to you because you worship money, hence you worship him.. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Omoawoke(m): 2:47pm On Sep 18, 2025 |
KayCee92:Yes I know this, that’s why I am living my life, exploring, learning new things everyday, visiting places, and adding happiness to my life and to those around me.. And I know no matter how much I acquire, all that would be left would be memories |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by Nobody: 2:48pm On Sep 18, 2025 |
Omoawoke:You are 100% correct. I know what money can do, I have seen it work. It’s physical and solves everything. I don’t do fictions. I believe in reality. |
| Re: Dangote: I Could Have Bought Mobil, AP, Oando, But Chose Not To by jaxxy(m): 2:48pm On Sep 18, 2025 |
How much did he say they were being sold for combined?? definitely not $500m |
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