Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly - Politics (14)

Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly - Politics (14) - Nairaland

Nairaland Forum › Nairaland General › Politics › Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly (64778 Views)

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Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Difrent: 10:47pm On May 01, 2020

mrvitalis:
lol ...Bros I won't reduce my iq arguing with u

Which IQ? High or low? like he asked is there really a monopoly in the cement industry? Capital NO

from lafarge to nkalagu to Benue cement, sokoto cement, BUA, IBETO, ASHAKA etc everyone has his own market and making their cool money......Dangote never had monopoly in cement production

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by mrvitalis(m): 10:48pm On May 01, 2020

Iamgrey5:
You have again display your ignorance.

A student means I still consider myself a scholar not an undergraduate.

A scholar who is still working towards a PhD.

A graduate of economics who can't define Monopoly in the last 2 hours ...it's even worse

1 Like

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Iamgrey5(m): 10:50pm On May 01, 2020

mrvitalis:
A graduate of economics who can't define Monopoly in the last 2 hours ...it's even worse

What is to define in Monopoly.

What is so special in defining monopoly that a secondary economics student can define.

By the way, you never asked me to define monopoly in the last two hours.

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by mrvitalis(m): 10:51pm On May 01, 2020

Difrent:
Which IQ? High or low? like he asked is there really a monopoly in the cement industry? Capital NO

from lafarge to nkalagu to Benue cement, sokoto cement, BUA, IBETO, ASHAKA etc everyone has his own market and making their cool money......Dangote never had monopoly in cement production

Dummy no one was talking about today between 2005 to 2008 there was only dangote cement ...now go m sleep

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Difrent: 10:52pm On May 01, 2020

manuelreports:
Put him side by side Ibeto
We will know who is Real Entrepreneur
Most so called Billonaires in the South West are enjoying the night brown envelope of the FG, the Real Billonaires are from the East. I mean the people who started from the scratch with 20 pounds. Wait oh
It took Biafrans to finish the Civil war to relocate to Lagos to establish Alaba, Ladipo, Idumota, Trade Fair .

Markets to sell goods produced in Yoruba factories without which a market is useless.... Stop hyping yourselves, those markets still depend on Yoruba billionaires and industrialists who make what you sell there ......agree most of the importation is done by you guys especially the substandard and fake good

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Iamgrey5(m): 10:53pm On May 01, 2020

Difrent:
Which IQ? High or low? like he asked is there really a monopoly in the cement industry? Capital NO

from lafarge to nkalagu to Benue cement, sokoto cement, BUA, IBETO, ASHAKA etc everyone has his own market and making their cool money......Dangote never had monopoly in cement production

Bro his ignorance is my problem

How can someone claim a market situation where there are more than one producer is a monopolistic market situation?

An MBA "Marco economics" holder for that matter cheesy

2 Likes

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Iamgrey5(m): 10:54pm On May 01, 2020

mrvitalis:
Dummy no one was talking about today between 2005 to 2008 there was only dangote cement ...now go m sleep

Was three even Dangote cement in 2005?

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by foodonly: 10:54pm On May 01, 2020

Is very unfortunate that the correspondent who said that Airpeace and Innoson were given monopoly their respective sectors to render services by the then Dr. Jonathan was very very wrong and misinformed. When you come to aviation, Airpeace was never given a monopoly because we have other competitors Nigeria and foreign airlines lyk Max air, BA, Delta, Emirates, arik, etc and under that administration it took 2 solid years for Airpeace to get approval from the federal govt of Dr. Jonathan. Pls be informed before you spit out any information. Thank

1 Like 1 Share

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by mrvitalis(m): 10:55pm On May 01, 2020

Iamgrey5:
Was three even Dangote cement in 2005?

How old are you ?

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Yebosola(m): 10:55pm On May 01, 2020

Of what importance is this thrash Kanu vomited to the course of Biafra? why creating unnecessary enimity within tribes, will I blame him, that's what his gullible miscreants want to hear, ave u ever seen any notable IGBO intellectuals backing his jargons

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Mozegee: 10:56pm On May 01, 2020

In all this he says is there any lie in it. This Nation hate hearing the truth

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Difrent: 10:57pm On May 01, 2020

mrvitalis:
Dummy no one was talking about today between [b]2005 to 2008 [/b]there was only dangote cement ...now go m sleep

Are you this daft?
Most of the companies I mentioned exists decades before dangote appeared on the scene kiddo.....youre too young to know so I'm not surprised but GOOGLE will help you make use of it more often so as to avoid these terrible embarrassment you are causing yourself

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Iamgrey5(m): 10:57pm On May 01, 2020

mrvitalis:
How old are you ?

Talking proudly out of ignorance

It was called Obajana cement in 2005, it only rebranded to be called Dangote cement in 2010.

1 Like

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Iamgrey5(m): 10:58pm On May 01, 2020

Difrent:
Are you this daft?
Most of the companies I mentioned exists decades before dangote appeared on the scene kiddo.....youre too young to know so I'm not surprised but GOOGLE will help you make use of it more often so as to avoid these terrible embarrassment you are causing yourself

He is ignorantly proud. cheesy

2 Likes

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by myk2mic: 11:11pm On May 01, 2020

festacman:
My problem with Mazi Nnamdi Kanu is that he talks about too many irrelevant things without saying anything of value to the cause of Ndi Igbo. He talks like like a thug.

He needs to talk intellectually about critical developmental issues. He needs to focus more on the key policy ideas, initiatives, programs and strategy that IPOB intends to implement differently to make South East economically prosperous and politically stable as opposed from what current set of governors are doing. That's what is relevant now if he is serious about getting widespread support.

He should quit engaging in unnecessary attacks on personalities including those who have nothing against his IPOB goals.

Truer words have never been spoken.

1 Like

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Beze992(f): 11:26pm On May 01, 2020

Amumaigwe:
Buy a good dictionary and look up the meaning of monopoly. The free education Awolowo gave you guys is really free of knowledge.

Now, this is sad

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Rexnegro(m): 11:33pm On May 01, 2020

viyon02:
Very true, many politicians hide their money in his company.

you mean our money right ?

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by 3rdavefarms(m): 11:35pm On May 01, 2020

Using your moniker to form a sentence

You are Rummmically Foolish ; get lost Idiot

rummmy:
you don't have even a small brain and you don't have the balls as well.

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Cantonese: 1:04am On May 02, 2020

masterP042:
Brother, u need to do more research on dangote, u mentioned sugar. Do u know that dangote has had exclusive right to importation of rice, sugar and cement as far back as the 1980s.. It was just until recently that new faces came on board, how do u expect them to evenly compete?

That's definitely not a correct assertion bro. Dangote started his tomato puree importation business in the late 70s while the Nigerian national supply company (with warehouses in Iyana Isolo and Ikorodu) and other private companies were importing ship loads of rice and what were termed "esssential commodities" into the country.

Corruption led to the closure of the then NNSC and Babangida in 1985 stopped what was called open general import using form "m" by the CBN and introducing the import license regime. It was a policy designed to curtail importation of rice and other essential commodities like milk, sugar, cement, flour and tyres. Import license was hijacked by certain high and mighty military men and politicians. Infact a lot of people became rich selling import licenses. You can check that.

Connections with the military and policy changes threw up people like Dangote and Mike Adenuga in the late 80s. Retired Major General Alani Akinrinade's son led Adenuga to Babangida, who developed friendship and trust with Adenuga in 1979 - 1980. That friendship with Badangida got military contracts for Adenuga, building military barracks, and plenty of money. Adenuga was able in the late 80s to acquire the defunct national bank with his money and the rest became history. All these are open secrets bro. Sorry I digressed there.

Nobody knew the name Dangote as his maternal name Dantata was the known name. We started hearing his name in the 90s as his connections with the military became stronger.

Obasanjo might have given him some priviledges, but come to think about it, with money in your hands and connections, you can get power and make more wealth. That's what he did just like others.

Adenuga and Alakija (supreme stitches with Babangida) had certain priviledges too just like Igbo names like Prince Arthur Eze and Orji Uzor Kalu. Babangida and Abacha were the keys used by those men to open the doors of wealth and not Obasanjo. The same went with Emeka Ofor who rose to wealth using his connection with the late Abacha's also late first son, Danjuma.

Those who kept away from political offices became wealthier while those who got political offices had their fingers burnt.

Nnamdi Kanu just exposed himself as a very bad student of Nigerian history. His desire to make wealth and fame for himself has blinded him to the truth about Dangote and other prominent Nigerian businessmen.

Cheers baba.

4 Likes

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by rummmy: 1:06am On May 02, 2020

3rdavefarms:
Using your moniker to form a sentence

You are Rummmically Foolish ; get lost Idiot

first class olodo

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Uchek(m): 1:39am On May 02, 2020

Do you understand the economic concept of monopoly? Can you educate us on how Peace Airline and Innoson Motors were gifted .

MythMan147:
will you shut up impostor,WERE NOT BOTH PEACE AIRLINE AND INNOSON VEHICLE ASSEMBLY,GIVEN MONOPOLY IN THEIR RESPECTIVE SECTORS BY JONATHAN GOVERNMENT?JEALOUSY!!!

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Uchek(m): 1:41am On May 02, 2020

Do you understand the economic concept of monopoly? Can you educate us on how Peace Airline and Innoson Motors were giftes monopoly status by Jonathan admin?

MythMan147:
will you shut up impostor,WERE NOT BOTH PEACE AIRLINE AND INNOSON VEHICLE ASSEMBLY,GIVEN MONOPOLY IN THEIR RESPECTIVE SECTORS BY JONATHAN GOVERNMENT?JEALOUSY!!!

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by babestella: 1:50am On May 02, 2020

MythMan147:
will you shut up impostor,WERE NOT BOTH PEACE AIRLINE AND INNOSON VEHICLE ASSEMBLY,GIVEN MONOPOLY IN THEIR RESPECTIVE SECTORS BY JONATHAN GOVERNMENT?JEALOUSY!!!

Go and do your findings and stop disgracing yourself in Nairaland.

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by Hangulsaram: 2:23am On May 02, 2020

zionmde:
Both this idioot and iddiots who listen to his senseless rants are useless

He who despises the truth is more than an id*ot.

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by ludd2018: 2:59am On May 02, 2020

we know long time ago . Ex Nigerian leaders gave him money for business and they have shares . Govt steal money and give to Dancote

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by 2016v2017: 3:27am On May 02, 2020

viyon02:
Very true, many politicians hide their money in his company.

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by 2016v2017: 3:28am On May 02, 2020

Bethel4Life:
We already know la.... Remember ibeto tussles with obj

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by 2016v2017: 3:28am On May 02, 2020

Bethel4Life:
Wo will forget how obj gave dangote the leeway to monopolize the cement industry by persecuting competitors and allowing tax cuts on dangote inports..

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by 2016v2017: 3:30am On May 02, 2020

zionmde:
Both this idioot and iddiots who listen to his senseless rants are useless

you're the most senseless human. unchangeable Zom-b

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by igbowoman: 4:44am On May 02, 2020

This man is really a force to be reckoned with.
32k watch him online and his threads get 14 pages
Wow

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by GENTLETEE(m): 5:02am On May 02, 2020

Nnamdi Kanu just hit the nail on the head! It was OBJ that fostered that monopoly. Dangote almost drove other competitors aground!

Re: Nnamdi Kanu: Dangote Became A Billionaire Because FG Gave Him Monopoly by ArewaFanatic(m): 5:04am On May 02, 2020

jaxxy:
For several govts with different policies to give him such monopoly he must have been doing smtn right. I won't take credit away from dangote.

Many people had such opportunities even b4 dangote and didn't use it like dangote.

Exactly. I do recall one of my friends asking him outrightly during one of his lectures how he managed to monopolize so many sectors of the economy and if hope exists future entrepreneurs who might want to rival him in the production of some of his produce. His answer was no more than what you wrote. "Look at government policy and use it to your advantage".
By the way, he denies having monopolized any sector at all. "Dangote does not practice monopoly", I recall hearing him say.

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