₦airaland Forum

While it's a good advice to take home but you can't decide how someone wishes to spend their money.

Our great politicians and religious leaders, hope you heard Bros Dangote loud and clear?

Imagine a minister of federal Republic of Nigeria driving rols Royce and when he was questioned. He said his father is GM of many companies.

I don't know why most Nigerians just don't get it. If this his advice is refused by the rich, I fear things will get so bad the so called rich will soon become poor again because the money will keep losing it's value till it's totally worthless and the economy irredeemable.

HacheNoire:
0.004% of US population own private jets.

I no understand this your stat..
them get jets them get firms,companies,industries, employees they paying well...

what the man said was simple
private Individuals should be more involved investments..
imagine person get Lamborghini apart from duplex and some few apartment for Rent nothing like business wen e employ like 12 to 15 persons ...

How can lazy Nigeria youth think of investment when they have been brainwashed that they can make quick money via rituals?

The average Nigerian youth is Lazy mentally. They are not ready to work, they just want to do fine boy.

Majority don't command the resources to flaunt.

Especially those folks with "money na water" mentality.

So that is why millions are spent on private jet instead?
Go drink sapele water. That's what you know best

SouthSouth1914:
Very funny man. You can’t control how people spend their money. The government gave you millions of USD in grants and killed millions of startups because of you.

That’s a true nationalist and industrialist speaking

Great advice mr Dangote. Well noted

Reminds me of that saying:

If you brag about it, you can't afford it twice.....

All to seek external validation rather than self.....

Says someone that owns all the aforementioned properties.

Anyway, Nigerians should listen to the message and not the messenger

FreeStuffsNG:
You're just making up silly excuses because you can't wean yourself of easy and dodgy money for quick self gratification.

The food you're paying for and eating must have been cultivated in Pluto and harvested by ghosts since every farmer in Nigeria has been murdered according to your warped mentality.

You can run but can't hide from the tax man and what you leverage on as technology today will be replaced someday so don't wonder when you are stranded in later years because you spent your young age picking low hanging fruits and enjoying the vanity from unrestrained immediate self gratification.

People like u are mad, there are fulani herdsers crises well documented all over Nigeria and u are here talking bushit. Nigeria's insecurity is well known. I cant count how many people have been killed in Obiarugwu in Delta state, they are farmers, they killed and raped these farmers. U dont have electricity, u dont have good roads, u dont have adequate security and u are telling people to build industries? From where?
A country needs to do the right things first before talking of idustries. The locals will build indurstries after govt provide security, electricity, and flexibile system. And if u think people will not legally avoid tax, they play. Even in sophiscated countries like America, people like Elon Musk are doing it till date, infact there is a new news about him. People will legally avoid tax and there is nothing u can do about it because even ur politicians will use same tool to do same.
Better hold ur leaders accountable to build schools that will focus on STEM, solve electricity problem and build proper transportation system and not waste the money on looting and buying properties in Dubai. And ibadan well known son was killed after all decades he spent in german, he gathered his money, returned home to invest massively in agriculture but was killed by herders. Dey play. Cows will walk pass ur farm lands and u cant do anything. This is the major cause of pricy food items. As for tax, dey play, legally, u will reduce ur tax or avoid it sef.

Ever since I put sentiments aside and start listening to Dangote with an open mind, I have learnt a lot financial literacy.
The man's speeches are always TED Talk worthy.

Helinuss:
Keep your advise to yourself. All this self centered african billionaires. Greedy and ego centric. How many nigerians can afford private jet?

Many are living below poverty line and he should advice thr government to fix the economy and put the infrastructures in place

Very unsmart response. Let’s use our cerebral for once. Dangote is right but I will go further to say the FG must now institute 2 child policy for the married couple and 1 child for the unmarried woman. The increasing birth rate demonstrates that our people are ignorant and irrational.

SouthSouth1914:
Very funny man. You can’t control how people spend their money. The government gave you millions of USD in grants and killed millions of startups because of you.

Stop it! Let’s not be stewpid. The vast majority of those who have these things in Nigeria are looters! Dangote is absolutely RIGHT!

/
People are not buying Rolls Royce because they need it. They probably drive it once or twice in a month. For the most part, it is to decorate the garage under the Nigerian mantra of impress or oppress.

If you checkout the garage of late Mai Daribe, you will cry. All those once expensive cars sitting and rotting away. SMH.

/

If you live in the poverty capital of the world, there's this palpable pressure among people to impress others and show them that you aren't broke. That's what leads people to showing off.

OYA COME AND BUY ME 2026 ESCALADE.NIGERIA THAT LIFE EXPECTANCY IS NOT GUARANTEE .ALHAJI ENJOY YA SELF.

Let the leaders lead by example.
Akunyili did it then and that is why Friday attired is now native in corporate organisations.

That is why Nigerian cable is still getting goof patronage.

SON ;NAFDAC AND OTHER REGAULATOR NEEDS TO SIT UP AND WORK

BANK OF INDUSTRY NEEDS TO GET ENTREPRENEURS CASH TO DO BUSINESS AT LOW INTEREST RATE

tragergeorge:
with the biggest companies in Africa..
you even read the message sef

And so ?

Which message is that ?

Who told him that people that buy private jets and rolls Royce don't have thriving businesses that they can be able to afford such luxuries in the first place?

Helinuss:
Keep your advise to yourself. All this self centered african billionaires. Greedy and ego centric. How many nigerians can afford private jet?

Many are living below poverty line and he should advice thr government to fix the economy and put the infrastructures in place

Dude, is positivity your kryptonite?

SouthSouth1914:
Very funny man. You can’t control how people spend their money. The government gave you millions of USD in grants and killed millions of startups because of you.

Which of your startups were killed?
I'm very sure you can never start anything reasonable with this your mindset.

franchasng:
Very informative and interesting speech from Aliko
But then, Dangote ought to be giving back to Nigeria through several programs like;
Statewide scholarship
Academic grants
Entrepreneurship loan to young Nigerians aspiring to start their own business
Skill acquisition programs in all the 36 states not just in Kano state.
Nigeria favoured him so much and made him who he is today, he should be giving back a lot more than just paying tax and donating rice during Sallah

So you sit 8n one corner and cook assumptions?
Go and research online before posting on the internet.

I agree with Alhaji Dangote.

It is sickening the way some Nigerians buy private jets. More sickening is the aspect of pastors.

It is sickening.

Everybody wants the best for themselves, most especially when people fight on commercial flights and also the roads aren't entirely safe.

If there were no private jets and they use the roads more often, maybe highway robberies would have reduced. Atleast, focus will be on safe road transportation

FreeStuffsNG:
He condemned the ease with which private jets fill Nigerian airports, arguing that such wealth should be channelled into production, saying, “You know, if you have money for Rolls-Royce, you should go and put up an industry in your locality or anywhere, part of Nigeria, wherever you feel there is a need.
💯

In few days time, heavy taxes on luxury items will take effect

Do you know why this advice was not acted upon by the Lagos TAX monster planner

chisomkachy:
Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.

The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.

Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.

The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.


https://www.bloomberg.com/news/articles/2023-11-02/nigeria-budgets-for-suvs-and-yachts-amid-economic-hardship

franchasng:
Very informative and interesting speech from Aliko

But then, Dangote ought to be giving back to Nigeria through several programs like;

Statewide scholarship
Academic grants
Entrepreneurship loan to young Nigerians aspiring to start their own business

Skill acquisition programs in all the 36 states not just in Kano state.

Nigeria favoured him so much and made him who he is today, he should be giving back a lot more than just paying tax and donating rice during Sallah

Has Nigeria favoured Dangote than it has favoured Tinubu?

How much taxes are being paid by Tinubu compared with Dangote? Do you know? Have you seen Tinubu’s tax returns since 1999? Or maybe you have seen the tax returns of his wife


https://www.nairaland.com/6937027/tinubu-admits-he-richer-than


https://businessday.ng/features/article/tinubus-squandermania-family-that-has-no-use-for-nigerias-wealth-plans-to-gut-it/?amp

anonimi:
The eyesore on Bourdillon Road
2nd January 2025

Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.

If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance.

That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.

https://punchng.com/the-eyesore-on-bourdillon-road/

Invest in agriculture and make sure food is available for every citizens. All these acquiring of cars, plane etc while people are starving doesn't make sense.

tragergeorge:
job wen full Yankee Na private individuals own Na plenty pass
you feel say only govt fit fix the country

point he made go help provide loads of jobs which I believe it's like 50% of 9ja problem

Bro, wait a minute oh, You wan use Yankee environment compare Nigeria 🤔 Government get their own role to play den the citizenry go tag along too.

Make we take Nigeria as a case study fess;

1. Insecurity 💯
2. Epileptic power supply 💯
3. Poor road network across the country💯.
4. Poor health care system 💯
ETC

Make Nigeria government do the needful fess

ibedun:
Very unsmart response. Let’s use our cerebral for once. Dangote is right but I will go further to say the FG must now institute 2 child policy for the married couple and 1 child for the unmarried woman. The increasing birth rate demonstrates that our people are ignorant and irrational.

They are bringing more kids to this Nigeria to suffer starvation and wickedness, just to obey the saying, "multiply and fill the earth."

The being that made that statement don't help anyone raise kids. He just made that statement for his own selfish gain but Nigerians are so gullible and can't think for themselves