Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi - Business (2)

Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi (43382 Views)

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by nell3: 2:18pm On Oct 11, 2017

Monopoly is bad.nice one

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by kokomaster3d: 2:18pm On Oct 11, 2017

sasa

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by mu2sa2: 2:18pm On Oct 11, 2017*

What is the alternative? It is a free market, if you don't like Dangote start a rival business to compete with him. Today, Dangote is the single largest investor in the Nigerian economy, with his companies employing thousands of people. I read somewhere that obajana employees alone are more than the combined staff of all the banks in nigeria. All this talk of northerners, monopoly is rubbish. This guy is in 14 or so African countries. In Cameroon in just one year Dangote cement took over 50% of the market. The guy is a shrewed businessman with expert knowledge of the African environment. He should be commended - while politicians are stealing and stashing money in secret accounts overseas, Dangote is investing almost all his money at home.

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Nogodyej: 2:18pm On Oct 11, 2017

daveP:
I've never liked him, his facial expression is deceptive and is fooling.

Gat away you

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Nobody: 2:19pm On Oct 11, 2017

Ofemmanu1:
Dangote is a champion.
Typing live from Obajana.

Dangote is no real business man. He is an exploiter.

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by olahero(m): 2:19pm On Oct 11, 2017

I love Aliko because of his biz orientz... but still follow this MAN AbdulRahaman Bin Awf (Late).

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by fineguy11(m): 2:19pm On Oct 11, 2017

BETTER WORK HARD AND BE RELEVANT,BE THERE CASTIGATING DANGOTE. THE LAST TIME I CHECK,NIGERIA IS A CAPITALIST STATE.

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Nobody: 2:20pm On Oct 11, 2017

mu2sa2:
What is the alternative?

First of all he should pay all his dues and taxes

1 Like

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by hisgrace090: 2:20pm On Oct 11, 2017

Cement is extremely high prized in Nigeria.

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Nobody: 2:20pm On Oct 11, 2017

fineguy11:
BETTER WORK HARD AND BE RELEVANT,BE THERE CASTIGATING DANGOTE. THE LAST TIME I CHECK,NIGERIA IS A CAPITALIST STATE.

Wish you could use your brains.

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by tempex88(m): 2:21pm On Oct 11, 2017

he is a sharp guy. Friend of any government in power. He likes industries were he can enjoy monopoly since he can easily manipulate any govt in power. Hence is investment in refinery. It is alleged that he gave Buhari and GEJ big money in the last election

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by benjaminiyke(m): 2:21pm On Oct 11, 2017

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by wickyyolo: 2:22pm On Oct 11, 2017

Another baseless article.

It's like saying Real Madrid influence is bad for La Liga

1 Like

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Nobody: 2:22pm On Oct 11, 2017

obua:
Whats the margin of other cement producers?
What was the margin before the advent of Dangote Cement.
Dangote Cement is actually the only cement firm that periodically reduces price.
Other companies enjoy pioneer status also in other areas of the economy.
Dangote is an African champion and he should be encouraged and not castigated.
People should not sit in the comfort of homes and offices of employment and criticize people who stake their lives in the uncertainty of self employment

He is an exploiter.

1 Like 1 Share

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Abbeyme: 2:22pm On Oct 11, 2017

so much for a single man

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Habeyy(m): 2:23pm On Oct 11, 2017

Kkk well said
But nice time you would have done a nice write-up by providing us better alternatives
When I mean alternative I also mean cost effective perfect or close substitute
Until then you just add another long epistle to the long list of scrolls and database on the internet
Anyway,you did a good
jobThumbs up

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by keko14: 2:23pm On Oct 11, 2017

obua:
Whats the margin of other cement producers?
What was the margin before the advent of Dangote Cement.
Dangote Cement is actually the only cement firm that periodically reduces price.
Other companies enjoy pioneer status also in other areas of the economy.
Dangote is an African champion and he should be encouraged and not castigated.
People should not sit in the comfort of homes and offices of employment and criticize people who stake their lives in the uncertainty of self employment
pls read about nig eco very well u will understand.

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by madridsta007(m): 2:23pm On Oct 11, 2017

nairametrics:
https://nairametrics.com/analysts-explains-aliko-dangote-is-bad-for-nigeria/

Feyi Fawehinmi... The same Buharist that promised Nigerians that Buhari is heaven on earth for Nigerians.... And he wants people to believe him again?

1 Like

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by shoskid(m): 2:25pm On Oct 11, 2017

One day will be one day, I'll get to the top and compete with this man

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by slurity1: 2:25pm On Oct 11, 2017

Tell us why buhari, Jonathan, and OBJ are good for Nigeria than Dangote. shallow thinker

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Ofemmanu1: 2:27pm On Oct 11, 2017

NgcoboP:
Dangote is no real business man. He is an exploiter.

When opportunity meets preparedness, Success happens.

Dangote exploits the Nation's resourses to make our lives better.
Nigeria would be a better place if other billionaires in the country could use their resources and brains to make exploits like the greatest Dangote.

Dangote is a superman, I'm a proud Dangote Cement staff.

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by MrMcJay(m): 2:29pm On Oct 11, 2017

tylesh:
What exactly are you typing?

Go back and check my post

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by MrMcJay(m): 2:30pm On Oct 11, 2017

chinedubrazil:
it will do u more harm than good

Unlike you, I think before I type.

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Nobody: 2:31pm On Oct 11, 2017

Ofemmanu1:
When opportunity meets preparedness, Success happens.

Dangote exploits the Nation's resourses to make our lives better.
Nigeria would be a better place if other billionaires in the country could use their resources and brains to make exploits like the greatest Dangote.

Dangote is a superman, I'm a proud Dangote Cement staff.

Better kip kwayet and enjoy your peanuts

3 Likes 1 Share

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by surgical: 2:32pm On Oct 11, 2017

Memphis357:
Aliko Dangote symbolizes monopoly in its purest form.

No in the crudest form

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by tylesh(f): 2:34pm On Oct 11, 2017

MrMcJay:
Go back and check my post

Seen

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Habyz(m): 2:39pm On Oct 11, 2017

cristianisraeli:
of course

only a zombie wont know this

been like this in nigeria..always the north oppressing the south

97% always always

dangote trucks kill people anyhow and nobody will dare say anything

It is safe to say you are a southerner. If the north is truly "oppressing" the south why don't you a stand up to it and "oppress" them instead of coming online to rant.

Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by Obi1kenobi(m): 2:39pm On Oct 11, 2017

I've pointed out several times before the outrageous profit margins Dangote and the cement cartel in Nigeria makes from exploiting Nigerians with ridiculous cement prices (one of the highest in the world) and a ludicrously low tax contribution which points to the power of political patronage. Just look at his company's financial figures online. Plus the massive forex waivers Dangote has got in the past that have had even his own industry competitors crying to the courts.

But many of his loyal followers just call me "bad belle" and arguments along those lines. Meanwhile, the building and construction market remains depressed partly due to the high price of cement.

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Re: Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi by cristianisraeli: 2:40pm On Oct 11, 2017

Habyz:
It is safe to say you are a southerner. If the north is truly "oppressing" the south why don't you a stand up to it and "oppress" them instead of coming online to rant.

hahaha..almajeri zombie

the south east and south south is standing up already.i cant say the same for the south west

by the way do you remember the civil war..yes thats what standing up means..dumbo

and its safe to say you are a northern muslim

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