Dangote Targets Steel, Power, Ports In New Industrial Push - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Dangote Targets Steel, Power, Ports In New Industrial Push (7578 Views)
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by josielewa(m): 12:52pm On Mar 03 |
okay...give itto the man with ball of steels |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by spiSeyi: 12:54pm On Mar 03 |
Gotocourt:The Chinese can do so because they own more than 40% of Nigeria and other 3rd world countries as we speak due to the humongous loans. Go and verify from most Nigerian investors on how it's easy to setup industries. It's even easier for the Chinese to do and most of these Indian firm are backed by the ruling class |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Timmi: 12:58pm On Mar 03 |
You don't need to wait for anything; you can just run into the Atlantic Ocean and leave the country for good. DEROXMAN: |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Gotocourt: 1:00pm On Mar 03 |
spiSeyi:na true sha |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by doncartel: 1:03pm On Mar 03 |
Nice one. He could also join Innoson in the vehicle manufacturing sector so that they can really challenge the popular brands. Even his role model, Tata Group, is from that sector. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Faith0(f): 1:07pm On Mar 03 |
This man just have investment plans and idea |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by GloriousGbola: 1:08pm On Mar 03 |
initiate left field post - as dangote is becoming a behemoth and his heirs are his two daughters how will redpill chauvinist geng cope as a red blooded man can you work under a woman ? |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Seeplusplus: 1:09pm On Mar 03 |
Timmi:Him state no get access to the Atlantic na. Shey you go give am tp money to Lagos? Cos na that Lagos own go make sense pass |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by AngelicBeing: 1:12pm On Mar 03 |
Richtaiwo:We analyzed this your comments few minutes ago and we wanted to invite you to the NSA office tomorrow but on closer look, we discovered that THE WORD HEADLESS MOB could mean anything and we don't want to lose our case in court and we were advised by our team of SAN to ignore because HEADLESS MOB COULD mean headless chicken Turkey or cow 🐄. Hahaha 😂 cc: Ribadu and Chief of Defence Staff |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Seunmuham: 1:23pm On Mar 03 |
Gotocourt:myopia |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by IGBOPROMISE1: 1:48pm On Mar 03 |
ObiPandora:Can’t say i’m surprised someone with your choice of moniker and known anti-Igbo antecedents on this forum is cheering on a wolf in sheep’s’ skin and who acts like butter can’t melt in his mouth! The hegemonic alliance, of which you’re a firm apostle and apologist, has worked since the late 60s to date to ensure no Igbo has the kind of access to state power and resources, or amasses the kind of billions of dollars that would facilitate the financial wherewithal to attempt even half of what Dangote has gotten away with! And when any Igbo shows signs of being the market leader in any sector or raises to a commanding position in critical sectors of the economy like oil and gas, we see how agitated your sort get and we see the subsequent attempts to sabotage their business interests! We saw this play out with IBETO, Air Peace, INNOSON, NESTOIL, and Dr ABC Orjiakor! Recently, it emerged in the US congress that a certain Nigerian billionaire (who wasn’t named) bankrolled lobbying of the US gov’t to try and change narratives regarding the Christian genocide and wanton bloodletting in Nigeria! Now i wonder who that could be!? 🤔 Listen, had Nigeria presented a level playing field to all and had a political-economy that didn’t disproportionately favour two ethnic groups over everyone else, i would be first in line to cheer on Dangote! But the reality that stares us in the face is that this man has bullied, cheated and monopolised his way to obscene wealth in a country that has a gathering of the highest number of the poorest, most deprived and most miserable people on earth! The gap between Dangote, on one end of the rich-poor spectrum, and the poor wretched in IDP camps or kidnappers dens are stark, ironic and a representation of all that’s wrong with a country you see nothing wrong with just because you’re part of the oppressors! |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by grandstar(m): 1:55pm On Mar 03*. Modified: 7:39pm On Mar 03 |
He should not be allowed to pocket the steel industry. Eventially, we will be paying double the world price. There is a glut in steel globally due to China's over production. China's overcapacity of over 300m tons is higher than the combined total of the US which hovers around 100m. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Osgilliat(m): 1:59pm On Mar 03 |
Antoeni:If he is using ALLAH to solve his problems he won’t be where he is today. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by WriterX(m): 2:22pm On Mar 03 |
njokuuche77:He doesn't need it. Most Billionaires tend to shy away from public politics Thats not their realm. Elon musk tried it and saw the out come. They are better suited behind the curtains. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by grandstar(m): 2:26pm On Mar 03 |
bigpicture001:There is a massive glut of steet in the global due to overproduction by China. Steel is therefore cheap. His steel will therefore be way above the global price. This will raise cost for all steel users. This has akready happened with cement. The best strategy is to stick to an export or perish philosophy. Countries do best when resources are poured into products they have competitive and comparative advantage in or some would say is their calling. He should invest into all types of mining, especially lithium mining and batteries prodiction. Dangote can increase his exports by $10bn in 10 years even if we exclude his refining products. Exports are what transforms countries and not "Buy locally made products." |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by wasi9ice: 3:00pm On Mar 03 |
Dagote's investments are not beneficiary to Nigerians in terms of prices/affordability. Just look at his cement. I thought by now we would be buying fuel at a cheap price |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by creativejagaban: 3:13pm On Mar 03 |
naptu2:Dangote will avoid the sit-at-home region for investment like disease. @CityBoyMovement #CityBoyMovement TInubu till 2031. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by creativejagaban: 3:13pm On Mar 03 |
creativejagaban:@CityBoyMovement #CityBoyMovement TInubu till 2031. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by hotseat: 4:04pm On Mar 03 |
Dangote ought to be a blessing to Nigeria/Nigerians but since his products are always priced beyond the pockets of average Nigerians, one can't call his investments "blessings". For instance, Dangote Cement, Dangote Flour, Dangote Sugar, etc are always on the increase in price without any sign(s) of ever coming down to the benefit of average Nigerians. Therein lies the irony! So, even if he takes over the sectors of steel, ports and electricity, the trajectory is not likely to change one bit. This is why many Nigerians call him Mr Shylock of Africa. Dangote should not just make his products available but affordable as well. Having a pound of flesh of the average Nigerian in the name of capitalism is a vice and not a virtue. @hotseat |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Pootle: 4:09pm On Mar 03 |
if this man enter the power sector the sector will recover but nigeria will become part of his company one day |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by zoedew: 4:17pm On Mar 03 |
naptu2:He is welcome while others are stashing their wealth elsewhere he is investing it in Nigeria! |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by fxexperts: 4:25pm On Mar 03 |
Obakoolex:And if he is interested in buying Nigeria i will gladly campaign for it to be sold to him. at least you and your family can then live a comfortable life. DEROXMAN:So, is there any Nigerian in the business of making steel? Or do you mean those your Igbo brothers who specialize in importing scrap metal into the country bigpicture001:. Don't mind them. They are nothing but wailers. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by November24(f): 4:30pm On Mar 03 |
DEROXMAN:Amen. The poorest are the ones cheering him online,then go back to beg. Two years ago,hubby made that decision to Japa. I swear it's the best decision of our life,recently had my second child in Spain. See ba,even at 50,if you can leave this zoo,better leave. Take this from an Hausa woman/Igbo wife. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by Xpol: 4:44pm On Mar 03 |
Antoeni:I think you should rather pray for a better life, to be able to afford it even if it's 2k per litre. |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by bigpicture001: 5:03pm On Mar 03 |
grandstar:Export only create employment... But what actually transforms country is capital flight |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by grandstar(m): 5:54pm On Mar 03*. Modified: 6:10pm On Mar 03 |
bigpicture001:How does capital flight - which means capital that is fleeing a country - transforms an economy? |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by omoiyalayi(m): 6:24pm On Mar 03 |
Can we just sell dis country to dangote I think he will make a better owner than any elected president |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by fxexperts: 7:11pm On Mar 03 |
wasi9ice:Do you think the internationl price for fuel is cheaper. Just kuku ma ask him to give you his furl free of charge na. Awon free stuff |
| Re: Dangote Targets Steel, Power, Ports In New Industrial Push by fxexperts: 7:11pm On Mar 03 |
grandstar:have you ever bought steel before in your life. |
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