Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It (93565 Views)
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| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Hardeybohwarley(m): 5:40pm On May 12, 2018 |
Solstar:Must you always display you dirty linen in public. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 5:40pm On May 12, 2018 |
CoolFreeday:How many farms do you have? When was last you entered a farm? |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Drversatile: 5:41pm On May 12, 2018 |
If this is true then Dangote too don enter one chance too |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by madridguy(m): 5:41pm On May 12, 2018 |
Eye opener article. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 5:43pm On May 12, 2018 |
[quote author=Solstar post=67500343]Go ahead.[/quote You seems a good business analyst. I really adore such creativity, am contacting you purposely for mentorship. Have PM you, already. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Olatara(f): 5:43pm On May 12, 2018 |
Solstar:I love this, do you think electric car will make sense in Nigeria? nothing is working. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by SailorXY: 5:43pm On May 12, 2018 |
Solstar:That Dangote of a man is scam personified. I laugh when I read some comments about how being "shrewd" is key & mostly wonder how terrible the average Nigerian man is @ reasoning. Very few families swallow what is meant for a massive population through shenanigans that are not even clever by half & most of the dying souls in the same population are the chief defenders, cheerleaders & rioters for status quo to fester. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by grandstar(m): 5:44pm On May 12, 2018 |
makaius:MMM reborn! Anyway, its none of my business |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Bishopsgate(m): 5:45pm On May 12, 2018 |
Afam4eva:Bros forget o. I worked with this guy as far back as 16 years ago. He is about the "shrewdest" business man I have met in all my almost 2 decades in banking an FMCG industries. Yes he and a couple of guys had the unfair advantage of having govt created monopolies (in some cases duopolies) but that era was over more than a decade ago and at that point of change he was almost bankrupt. He clawed his way back up and changed his tactics. He moved from a rent taker to a creator of value (importer to manufacturer). You can compare him with his fellow monopolies and the understanding of his business acumen becomes obvious. Where are the other beneficiaries of govt monopolies? How many factories have they built, how many people do they employ, how much tax do they contribute to the Nigerian economy? Overrated - no I don't think so one bit! H |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by ahiboilandgas: 5:45pm On May 12, 2018 |
Opinionated:factory is owned by sani gote dansa not aliko dangote of dangote group |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by ElFabchuks(m): 5:46pm On May 12, 2018 |
I don't know who you are But I will find you and I will give you an accolade you deserve Solstar: |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by ashjay001(m): 5:47pm On May 12, 2018 |
Afam4eva:Since d op, called himself, opinionated, I wan pass, but as u sef don chook mouth, make I join u ![]() Person invest that kain sum, u dey make noise, say no produce na him cause am? Ur write up, na just postulation! And, until we hear from d horses mouth, all na postulations! Nigeria, has an immediate need for refineries, billions will still be made, before electric cars become d norm! I refused, for d past several years, to grow my biz(diesel gens), cos I tot, our leaders, can't but get power right. Nowadays, I'm far behind my contemporaries, waiting for salaries, to survive ![]() Thats how, pple like u, were saying, cement manufacturing, ain't viable, we all know, how that's ended up |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by lekkan(m): 5:48pm On May 12, 2018 |
Fool is your LastName..... Did the OP ever mention anything about religion Why not go through the write up again or give it to people who can read and understand to explain to you?? Solstar: |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by tosinet(m): 5:48pm On May 12, 2018 |
Solstar:Building a solar panel manufacturing plant in Nigeria would have been really relevant as part of reasons its still expensive is the shipping cost from countries like China ,Germany USA etc. It would have made solar panels readily available and cheap and every home is a potential customer. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by package7(m): 5:48pm On May 12, 2018 |
I have enough tomatoes to go round the whole West Africa . Please, Someone should give my number to Mr Aliko Dangote as a matter of urgency 0703032**** Enough tomatoes at my backyard. ![]() |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Bishopsgate(m): 5:48pm On May 12, 2018 |
36STATES:Not true today sir. Which of his businesses today enjoy Govt monopoly? |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by frankmoney(m): 5:50pm On May 12, 2018 |
Solstar:you that is not a religious person why haven't you planted tomatoes |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 5:52pm On May 12, 2018 |
tosinet:Yeah, Solar modules are not rocket science, you too can do it. It is just basic chemistry. Do not wait for a Dangote, you can be the next Solar billionaire. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by CarlosTheJackal: 5:55pm On May 12, 2018 |
lekkan:I pity your brain because it's a threat to everyone |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Tokziby: 5:56pm On May 12, 2018 |
hypnotic:The guy lied too much. How can a business rely too much on hearsay without carrying out proper feasibility study. I was opportuned to attend a lecture on Agribusiness where the CEO of Dangote tomato lectured. And he rightly pointed out that importation of tomato paste was killing their business. The imported tomato was a bit cheaper and they lack patronage from the Nigerian Market. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 5:57pm On May 12, 2018 |
SailorXY:Baffles me sir, it baffles me. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by daywalker12911(m): 5:57pm On May 12, 2018 |
This post of for nursery school kids. You think a man like Dangote or any other man for that matter will set up a multi million dollar factory without doing proper due diligence. Oga do a proper research and let us know |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 6:01pm On May 12, 2018 |
Olatara:Electric car charging is easy even with energy storage systems or directly from the PV systems, increase the voltage and regulate the Amps and the car will charge at a faster pace. Listen Sir, the future is for people who really understand the physics of life. Only the intentional ignoramus will suffer, and actually, illiterates have no future in the New World Order. It is time for people to wake up or die or poverty. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 6:01pm On May 12, 2018 |
Wow |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by tosinet(m): 6:03pm On May 12, 2018 |
Solstar:Its true sha, I've already been researching ways to manufacture solar cells, most of the data I've been seeing is about coupling existing solar cells that by the way has to be imported too. I so much like the idea of making the panels affordable. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by GreatManBee: 6:03pm On May 12, 2018 |
Opinionated: |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by olowo1995(m): 6:04pm On May 12, 2018 |
Afam4eva:Everything is all about luck, nothing is guaranteed even life is not guaranteed that is why we die, the man is just trying to garner some things if it will work and in Nigeria for a business to work effectively mehn one has to work tirelessly because the major cause of this is government policy, let look at the 5% that is added into this solar product pls what is the exchange rate at which all this is brought in and now government has 5% to it then it makes prices go up, if someone got a loan to start this business and government did this and it is not planned for before writing ur feasibility study pls what will he do, it will slow down the business not only that oooo, state government is there and local government is there as well ooo they will collect their own pls how will business grow with this kind of country we find ourselves and yet they criticize themselves over who work best as the leader or not. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by bluke(m): 6:04pm On May 12, 2018 |
traeces:greenhouse cant be used for processing but for stores. |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Bishopsgate(m): 6:06pm On May 12, 2018*. Modified: 6:30pm On May 12, 2018 |
lekkan: |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by bluke(m): 6:06pm On May 12, 2018 |
tosinet:even china does not produce quality cells. buy the cells in europe and build the panels |
| Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by karlboss: 6:06pm On May 12, 2018 |
I was in the North last year and I discussed with a tomato Farmer, we discussed why dangote tomato processing plant closed ( I was thinking it was unfavorable policies of government) but the farmer said no he said tomato Farmer can't supply tomato to dangote because dangote company buys a kilo of tomato for 20 naira. Farmers make much money selling to open market than selling to dangote. Dangote tomato farm can't supply Nigeria as a whole |
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Why not go through the write up again or give it to people who can read and understand to explain to you?? 