₦airaland Forum

If he COMMENCE operation, fertilizer prizes will increase... ND food prizes will I crease too..... Hunger will increase too

DEEBOZZ:
People like Dangote and other billionaires go die too

Does this comment make sense?

Just wondering if dangote pays his workers very well......

Wise Investment

Fertilizer price is set to go up

mamaafrik:
1st or 2nd interview phase?

2nd

GboyegaD:
During Obasanjo's first regime, he single handedly destroyed the cement industry. You may choose to read up more if you want to know more.

Are you saying that between 1999 and 2007, Nigerians had to buy only Dangote Cement in the market because other choices didn't exist?

Was their a time in Nigeria where only Dangote Cement was sold in our markets? What year was this?

GboyegaD:
My only concern is the absence of anti thrust. The guy is killing competition in every industry he gets into.

Nah, he still has his greatest loss to indomie, he couldn't beat them with his tastless dangote noodles.

Asour:
Are you saying that between 1999 and 2007, Nigerians had to buy only Dangote Cement in the market because other choices didn't exist?

Was their a time in Nigeria where only Dangote Cement was sold in our markets? What year was this?

Oga, it isn't for me to spoonfeed you. Carry out your research and for the records, there were a few others in the market however, most who got the license Obasanjo initially gave out in 2000 to allow cement importation suffer losses.

Do not come charging at me when you can take your time to read up.

If you have little capital you too invest is not necessary to have huge capital. Think out of the box please
Hope he won't plan trying to go into monopoly just as he did to IBETO AND BUA?
This man is trying to be a manufacturer of all products in Nigeria. Rest abit let others chop naw. Habaaaa. Nawa ooo
DANGOTE OIL, SALT, FLOUR, SUGAR, CEMENT, WHEAT, everything. Soon we will be hearing DANGOTE PEPPER, CRYFISH AND ONIONS[/quote]

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There is more to dangote monopoly on cement you people don't understand, Africa as a developing/underdeveloped countries need excessive infrastructure to develop and cement is one of the pre requisite for development, lafarge owned by france has already dominate cement production in africa as at early 90's followed by European and pretoria portland cement of south africa, dangote start as cement importer bfr the group becomes manufacturer, when FG start privatization of cement companies, dangote and 2 other non african companies bidded and won, blue circle from british purchase ashaka cement and lafarge frm france purchase wapco cement while dangote owned benue cement, Dangote as at 2000's cant stand lafarge and blue circle both MNC's. so what happen nigeria textile industries under structural adjustment programmes nt to repeat itself again fg comes up with policy called NEEDs which favour dangote as an indigenous companies which include waiver on vat and seven years tax exemption.

GboyegaD:
Oga, it isn't for me to spoonfeed you. Carry out your research and for the records, there were a few others in the market however, most who got the license Obasanjo initially gave out in 2000 to allow cement importation suffer losses.

Do not come charging at me when you can take your time to read up.

How many indigenous private owned cement companies where in contestion apart from dangote

Balenciagaokey:


Dangote wants to conquer all sectors in Nigeria.
If 70% of politicians, can invest their loots like dangote: Nigeria will be a great country.

Make I chop first I dey come..
Madam abeg put more kpomo for that my food.

You can say that again, though there are organisations like FCMB who are also driving growth in Nigeria Agricultural sector. The link below confirms this and even more.

https://fcmb.com/epic

Balenciagaokey:


Dangote wants to conquer all sectors in Nigeria.
If 70% of politicians, can invest their loots like dangote: Nigeria will be a great country.

Make I chop first I dey come..
Madam abeg put more kpomo for that my food.

You can say that again, though there are organisations like FCMB who are also driving growth in Nigeria Agricultural sector. The link below confirms this and even more.

https://fcmb.com/epic

GboyegaD:
We import and he most times got sole license to import and package in Nigeria, isn't that monopolizing the industry? I guess you need understand better his modus operandi and what monopoly entails.

you need to read the inception of cememt company privatisation in nigeria, he was given monopoly bcuz of MNC like blue circle and lafarge during obasanjo regime no bua and ibeto import cement in bags and doesn't has capacity to import in bulk and equipment to do local bagging. you can check ibeto website for verification

iCauseTrouble:
By 2021, they will come and tell us story again that it will be ready by 2023

Always shifting delivery dates since 2017, next year again, there would be another reason to shift of delivery dates for the fertilizer and refinery plants.

GboyegaD:
My only concern is the absence of anti thrust. The guy is killing competition in every industry he gets into.

Obviously, every nation should have good competition laws, but...

Indorama, a huge multinational, has been there decades BEFORE Dangote Fertilizer...
Nigeria has four existing refineries (plus many private license issued) BEFORE Dangote Refinery...
The world’s biggest cement manufacturers have been in Nigeria (since the 1960s) BEFORE Dangote Cement...
Even in Sugar, there have been big companies like Flour Mills and Tate well BEFORE Dangote Sugar.

The principal advantage Dangote has is competitive (not trust) advantage - he shoots for the biggest and best!
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