₦airaland Forum

PrecisionFx:
If u don't know that there was a time Ibeto cement importing license was withdrawn for some years with his last imported cement worth billions of naira was siezed n he had a stroke and nearly died, then u were born in year 2000.

I don't like discussing Nigeria's issues with children

don't that kid same way Golden penny has relegated dangote flour that he now put it out for sale
dangote can't survive without monopoly

dangote spaghetti drowning
dangote flour up for sale
dangote juice and beverages gone till further notice
dangote tomatoes company that one don die
dangote indomie struggling
remaining his cement factory he knew that very soon this one will start struggling to survive because of many competition that's why he started his refinery so that he can gain monopoly over that

Lisaint:
World Press conference and I'm seeing 3 local station microphone only.

Even your village mic u no get

Nsonaso:
Very funny you... can you back it up with facts that Dangote was behind it?

Don't you know there are so many things you can do for your license to be withdraw as a company (that's why one who goes fo equity must go with clean hands)


If Dangote was really behind it why was the license released? It shouldn't have been released because Dangote is still in CEMENT BUSINESS and Dongote is still alive.

I've seen lots of business people transfer the grief of their failure to their competitors, some when they take bad marketing approach they tell you their competitors is bewitching them. So many stories but the truth is one who fails must complain and that is the problem we're facing today in the government, APC complaining up and down about past government... True definition of failure

but as a good business man you should always prepare for the worst and never expect it to always be a win win, when you fail pick up your peices and count your losses and retrace your steps and then forge ahead..

Shortly After yaradua came to Power, He gave back cement import licenses to Ibeto and the rest and their products came back to the market.

Once again I don't like discussing certain issues with people born in year 2000.

maxiuc:
don't that kid same way Golden penny has relegated dangote flour that he now put it out for sale
dangote can't survive without monopoly

dangote spaghetti drowning
dangote flour up for sale
dangote juice and beverages gone till further notice
dangote tomatoes company that one don die
dangote indomie struggling
remaining his cement factory he knew that very soon this one will start struggling to survive because of many competition that's why he started his refinery so that he can gain monopoly over that

Dangote is obviously a failed business man.

This dangote style of business I don't support it ,trying hard to monopolise every market, give room for competition for the betterment of the country.

9jaRealist:
There’s NOT a single business that Dangote has monopoly in...

See you..even if what you say is true..every single industry hes involved in he was given monopoly for more than four years before the gates were opened to others...every blind,deaf tom dick and harry will be in hhis position today if given such a chance

PrecisionFx:
Dangote once had 100% monopoly in the cement sector.

Yet again, misstating facts a million times will never change reality...

The UK’s Blue Circle’s WAPCO Ewekoro plant was built/launched in 1961 (the Sagamu plant followed about a decade or so later), while the Northern Regional government partnered with the German giant Heidelberg to incorporated the CCNN Cement in 1962 and its Sokoto plant built sometime thereafter, and they have been in CONTINUOUS operations ever since. Dangote was 4 years old in 1961 and 5 years in 1962.

9jaRealist:
Yet again, misstating facts a million times will never change reality...

The UK’s Blue Circle’s WAPCO Ewekoro plant was built/launched in 1961 (the Sagamu plant followed about a decade or so later), while the Northern Regional government partnered with the German giant Heidelberg to incorporated the CCNN Cement in 1962 and its Sokoto plant built sometime thereafter, and they have been in CONTINUOUS operations ever since. Dangote was 4 years old in 1961 and 5 years in 1962.

What kind of daft reply is this?

How dies this connect with the fact that at a point during OBJ regime, only Dangote sold cement to the whole Nigeria until Yaradua came to Power, cancelled that monopoly n granted Cement import licence to Ibeto and the rest.

Pls I don't like discussing real issues with people born in year 2000.

cescky:
See you..even if what you say is true..every single industry hes involved in he was given monopoly for more than four years before the gates were opened to others... every blind,deaf tom dick and harry will be in hhis position today if given such a chance

Feel free to name specifics...
But before you do, see my post just above.

Cement: Blue Circle/WAPCO (est. 1961); Heidelberg/CCNN (est. 1962)
Fertilizer: Notore/Kellogg (est. 1981); FESPAN Kaduna (est. 1976)
Petrochemicals: Indorama (Singapore) Eleme Petrochemicals (est. 1990)
Sugar: Flour Mills/Golden Sugar (est. 1978)
Tomato Paste: Erisco Foods (est. 2004); Jos Tomato (est. 2014)
Rice: Dangote (2018); Stallion Group (2014)
Refinery: Orient Refinery, Anambra State; 28 private refinery licenses BEFORE Dangote

Until Nigerians elevate FACTS over sentiment, this country is destined to remain mired in the abyss.

PrecisionFx:
What kind of daft reply is this?

How dies this connect with the fact that at a point during OBJ regime, only Dangote sold cement to the whole Nigeria until Yaradua came to Power, cancelled that monopoly n granted Cement import licence to Ibeto and the rest.

Pls I don't like discussing real issues with people born in year 2000.

So the UK’s Blue Circle/WAPCO and France’s LaFarge/Ashaka (as well as Heidelberg/Scancem’s CCNN) all shuttered their plants and stopped production while maintaining/paying idle expensive expatriate and indigenous staff, so that only Dangote can import cement?! LMBAO!!

What rumor mongers do not understand is that companies like Blue Circle and LaFarge are PUBLICLY-LISTED companies whose shares are listed and traded on stock exchanges, and accordingly if they have to stop operations for any reason, they are REQUIRED to publicly release such information because it would be what is classified by law as “material” information that would affect profits and thus stock value/prices.
.

9jaRealist:
Feel free to name specifics...
But before you do, see my post just above.

Cement: Blue Circle/WAPCO (est. 1961); Heidelberg/CCNN (est. 1962)
Fertilizer: Notore/Kellogg (est. 1981); FESPAN Kaduna (est. 1976)
Petrochemicals: Indorama (Singapore) Eleme Petrochemicals (est. 1990)
Sugar: Flour Mills/Golden Sugar (est. 1978)
Tomato Paste: Erisco Foods (est. 2004); Jos Tomato (est. 2014)
Rice: Dangote (2018); Stallion Group (2014)
Refinery: Orient Refinery, Anambra State; 28 private refinery licenses BEFORE Dangote

Until Nigerians elevate FACTS over sentiment, this country is destined to remain mired in the abyss.

This applies to you
Keep being sentimental
Facts are facts...

And any one who follows politics knows role obj played in dangotes wealth..keep digging written and made up statements that exist and didn't exist..

While some of these coys may have existed..import waivers etc were given to dangote..maybe your a foreigner or you think in nigeria once gov't give you license you have arrived...paper is one thing what happens at the ports and on ground is another..in obj era competing against dangote is competing against govt..am sure you can reason enough to know how thats a david and goliath fight, david will never win.

Few years ago, a fellow hausa man and one igbo man threatened to expose how dangote was defrauding Nigeria..as na niaja we de no questions were asked..what do you have to say about that?

Wasnt it dangote that a paper carried tried to poison otedola?..but your blind to sentiments and cant see all thjs..

Fyi i worked with a company at the ports, leave all this dug up useless paper and open your eyes to whats on ground

cescky:
This applies to you
Keep being sentimental
Facts are facts...

And any one who follows politics knows role obj played in dangotes wealth..keep digging written and made up statements that exist and didn't exist..

While some of these coys may have existed..import waivers etc were given to dangote..maybe your a foreigner or you think in nigeria once gov't give you license you have arrived...paper is one thing what happens at the ports and on ground is another..in obj era competing against dangote is competing against govt..am sure you can reason enough to know how thats a david and goliath fight, david will never win.

Few years ago, a fellow hausa man and one igbo man threatened to expose how dangote was defrauding Nigeria..as na niaja we de no questions were asked..what do you have to say about that?

Wasnt it dangote that a paper carried tried to poison otedola?..but your blind to sentiments and cant see all thjs..

Fyi i worked with a company at the ports, leave all this dug up useless paper and open your eyes to whats on ground

“Facts are facts”?

Abegi, which “facts” would that be because while I have laid down factual details with names and dates, all you are proffering is beer parlor-type rumors of how Dangote allegedly “tried to poison Otedola” as if you prepared the poison for him - and more specifically, what exactly does that have to do with your allegation that Dangote is given at least a 4-year monopoly in every sector that he is involved in?

What exactly has “import waiver” to do with WAPCO and Ashaka being CONTINUOUSLY in business in Nigeria since 1961 and 1962, when Dangote was 4- and 5-years old? For your allegation of a 4-year monopoly to hold any veracity, Dangote would have been granted said monopoly while he was in the womb (or Blue Circle and LaFarge must have been shutdown by the government, which did not happen).

ALL Nigerian cement companies (including Dangote, BUA Group, Ibeto and the foreign companies Blue Circle, LaFarge and Holcim/FMN) received “import waivers” as part of Obasanjo administration’s Backward Integration Policy allowing them to import products for a LIMITED period while they built/upgraded local manufacturing units (same policy since applied to local automobile, rice, sugar and dairy production).

Consequent upon the Backward Integration Policy, Dangote built the Obajana plant (followed by the Ibeshe plant), BUA Group upgraded/built Obu-Okpella and Sokoto plants, Blue Circle upgraded the Ewekoro and Sagamu WAPCO plants, LaFarge (which later merged globally with Blue Circle) upgraded the Ashaka plant, while Holcim (which also later merged globally into LaFarge) built/upgraded its Odukpani plant.

Ibeto was the ONLY Nigerian cement company still importing finished products as of 2018, after the waivers had expired, causing Dangote and other competitors to cry foul. Ibeto has since signed contracts with Sinoma to build its first manufacturing plants and to rehabilitate Nigercem’s Nkalagu plant after over a decade fighting his own ‘kinsmen’ in Ebonyi State to assume control of the plant post-privatization.

BTW, LaFarge is a publicly-traded company listed on the stock exchange, and so all of this informed is actually publicly-available (including the FACT that it has operated continuously in Nigeria since the 1960s and NEVER stopped production during the Obasanjo administration so that Dangote can enjoy a fabled “monopoly”), but again so long as we continue to elevate sentiments over FACTS we will be stuck in the abyss.
.

TechCapon:
Mumu youths, that's how dangote wanted to build the biggest sugar company in kebbi during my nysc days. Industry that will bring development and employment opportunities they refused to sell land to him. Governor bagudu even came and begged the illiterates still they refused. They prefer riding donkeys and going to farm with hoe and cutlass tomorrow fulanis will kill them in the bush and they'll be crying

Development kor, developers ni. Go to obajana and see what the residents are facing.

Naijaguy123:
David vs Goliath! Una wan try Dangote ?
[img]https://i./FCiw.gif[/img]

Lol...abeg , did that match up happen for real? Who is the small dude?

9jaRealist:
“Facts are facts”?

Abegi, which “facts” would that be because while I have laid down factual details with names and dates, all you are proffering is beer parlor-type rumors of how Dangote allegedly “tried to poison Otedola” as if you prepared the poison for him - and more specifically, what exactly does that have to do with your allegation that Dangote is given at least a 4-year monopoly in every sector that he is involved in?

What exactly has “import waiver” to do with WAPCO and Ashaka being CONTINUOUSLY in business in Nigeria since 1961 and 1962, when Dangote was 4- and 5-years old? For your allegation of a 4-year monopoly to hold any veracity, Dangote would have been granted said monopoly while he was in the womb (or Blue Circle and LaFarge must have been shutdown by the government, which did not happen).

ALL Nigerian cement companies (including Dangote, BUA Group, Ibeto and the foreign companies Blue Circle, LaFarge and Holcim/FMN) received “import waivers” as part of Obasanjo administration’s Backward Integration Policy allowing them to import products for a LIMITED period while they built/upgraded local manufacturing units (same policy since applied to local automobile, rice, sugar and dairy production).

Consequent upon the Backward Integration Policy, Dangote built the Obajana plant (followed by the Ibeshe plant), BUA Group upgraded/built Obu-Okpella and Sokoto plants, Blue Circle upgraded the Ewekoro and Sagamu WAPCO plants, LaFarge (which later merged globally with Blue Circle) upgraded the Ashaka plant, while Holcim (which also later merged globally into LaFarge) built/upgraded its Odukpani plant.

Ibeto was the ONLY Nigerian cement company still importing finished products as of 2018, after the waivers had expired, causing Dangote and other competitors to cry foul. Ibeto has since signed contracts with Sinoma to build its first manufacturing plants and to rehabilitate Nigercem’s Nkalagu plant after over a decade fighting his own ‘kinsmen’ in Ebonyi State to assume control of the plant post-privatization.

BTW, LaFarge is a publicly-traded company listed on the stock exchange, and so all of this informed is actually publicly-available (including the FACT that it has operated continuously in Nigeria since the 1960s and NEVER stopped production during the Obasanjo administration so that Dangote can enjoy a fabled “monopoly”), but again so long as we continue to elevate sentiments over FACTS we will be stuck in the abyss.
.

It's a known fact that Dangote use his influence in govt to kill competitors. In 2006 when he jus introduced his Dangote noddles he tried to kill indomie then. He was the chairman of MAN and claimed Indomie are toxic it took indomie three years to regain there position. Today BUA group are still in court with Dangote.

TechCapon:
Mumu youths, that's how dangote wanted to build the biggest sugar company in kebbi during my nysc days. Industry that will bring development and employment opportunities they refused to sell land to him. Governor bagudu even came and begged the illiterates still they refused. They prefer riding donkeys and going to farm with hoe and cutlass tomorrow fulanis will kill them in the bush and they'll be crying

Bros they're number of tins u don't knw about dangote
The dude would not employ ppl of that state to significant positions he would rather bring the white and bring ppl from kano. They knw y dey do dat.

Komu1048:
Development kor, developers ni. Go to obajana and see what the residents are facing.

The residents of Obajana are now “facing” tarred roads, proper houses, a community clinic and school - and JOBS!

Larryomooba:
Bros they're number of tins u don't knw about dangote
The dude would not employ ppl of that state to significant positions he would rather bring the white and bring ppl from kano. They knw y dey do dat.

Dangote Group employs COMPETENT people, regardless of state or national origin (and NONE of Dangote’s Naija CEOs is from Kano)...
That’s why unlike many Nigerian businesses, he builds factories, farms, and businesses all over Nigeria - not just in his hometown or state.

Meanwhile, there are MORE NIGERIANS at management positions at Dangote Group than all foreign managers COMBINED!

Komu1048:
It's a known fact that Dangote use his influence in govt to kill competitors. In 2006 when he jus introduced his Dangote noddles he tried to kill indomie then. He was the chairman of MAN and claimed Indomie are toxic it took indomie three years to regain there position. Today BUA group are still in court with Dangote.

This is why I insist that we stick to FACTS and not beer-parlor rumors...

The Indomie noodle scare, pursuant to which NAFDAC (then led the highly-respected Dora Akunyili) recalled batches of Indomie for CONFIRMED to have contained Carbofuran (a toxic carbamate pesticide), occurred in 2004 - that is, FOUR YEARS BEFORE Dangote went into the noodle business in 2008!

Btw, Aliko Dangote was NEVER the “chairman of MAN”. The closest connection between the Dangote Group and the presidency of MAN is when Ahmed Mansur, an executive director of the Dangote Group (and former Director-General of the Nigerian Economic Summit Group) was elected president of MAN this past September 2018 - that is, FOURTEEN YEARS AFTER the Indomie recall incident of 2004!

Just for the record, of course Aliko Dangote was once president of the council of the Nigeria Stock Exchange (an advisory board of the NSE who management is headed by a CEO - currently Mr. Oscar Onyeama, a former COO of an American exchange), but again he assumed that position in August 2009 - more than FIVE YEARS AFTER the Indomie scare of 2004!

So, once again, I plead with you to stick to FACTS! They make these discussions so much more useful. Cheers.
.

9jaRealist:
This is why I insist that we stick to FACTS and not beer-parlor rumors...

The Indomie noodle scare, pursuant to which NAFDAC (then led the highly-respected Dora Akunyili) recalled batches of Indomie for CONFIRMED to have contained Carbofuran (a toxic carbamate pesticide), occurred in 2004 - that is, FOUR YEARS BEFORE Dangote went into the noodle business in 2008!

Btw, Aliko Dangote was NEVER the “chairman of MAN”. The closest connection between the Dangote Group and the presidency of MAN is when Ahmed Mansur, an executive director of the Dangote Group (and former Director-General of the Nigerian Economic Summit Group) was elected president of MAN this past September 2018 - that is, FOURTEEN YEARS AFTER the Indomie recall incident of 2004!

Just for the record, of course Aliko Dangote was once president of the council of the Nigeria Stock Exchange (an advisory board of the NSE who management is headed by a CEO - currently Mr. Oscar Onyeama, a former COO of an American exchange), but again he assumed that position in August 2009 - more than FIVE YEARS AFTER the Indomie scare of 2004!

So, once again, I plead with you to stick to FACTS! They make these discussions so much more useful. Cheers.
.

I will revert

9jaRealist:
The residents of Obajana are now “facing” tarred roads, proper houses, a community clinic and school - and JOBS!

Jus stay in ur yeast and be assuming things

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Komu1048:
Jus stay in ur yeast and be assuming things

What exactly am I supposed to be "assuming"?

Unfortunately for you, you used a poor example because I have personally been to Obajana (while I am reasonably certain that you have not, because if you have you certainly would not have written much of the drivel you have). The FACTS are that Nigeria's longest concrete roadway has been built in Obajana by the Dangote Group (the Obajana-Kabba Road built by AG Dangote), there is virtually an entire town built by Dangote Cement (both for the old community residents and to accommodate the influx of new workers), electricity is provided to Obajana from the captive power plant of the Dangote Cement manufacturing plant, there is a new hospital and a new school built each by Dangote Cement, and the Dangote Foundation awards many scholarships to students in Obajana and surrounding communities every year.

It is likely there are occasional community relations issue, but please let's stick to verifiable FACTS and forgo the beer-parlor rumors.

9jaRealist:
Dangote Group employs COMPETENT people, regardless of state or national origin (and NONE of Dangote’s Naija CEOs is from Kano)...
That’s why unlike many Nigerian businesses, he builds factories, farms, and businesses all over Nigeria - not just in his hometown or state.

Meanwhile, there are MORE NIGERIANS at management positions at Dangote Group than all foreign managers COMBINED!

Yh a business man don't do business out of pity

If dangote get all his factory in kano he wouldn't get much income like his doing

How can dangote refinery b in kano does it make sense hell no

How can dangote cement b in kano now its in obese cause it closer to port and closer to Lagos, lagos got more sales for him reason why it situated in Ogun state forget he keeps his company were his gonna make money farm could go to d north.