SooCute:
If he is in the government's good book and has enough money to make mistakes, he can take over any market.
You can clap over it but hey, its not overtly healthy for our economy in the long run.
I love him though but hey, that dude hold our government for blokos!

smartty68:


Baba na so we country dey. Na so so promise and fail be our leaders watchword

smartty68:

If competition doesn't exist in a business environment then the price of commodity won't fall

smartty68:

If competition doesn't exist in a business environment then the price of commodity won't fall

smartty68:

If competition doesn't exist in a business environment then the price of commodity won't fall

Moreoffaith:
And when he becomes that what will happen to Nigerians We suffer it right... Have you forgotten what he promised us on cement


A bag of cement now is 2300 if I am right.

alignacademy:


N2,300?

E be like I go dey buy from you...

masterpiece86:
The President of the African Development Bank (AfDB), Mr. Akinwumi Adesina, has said Africa’s richest man, Aliko Dangote, will become the largest exporter of rice in the world by 2021.
Adesina said this at the Mo Ibrahim Forum in Morocco at the weekend.

He said Africa should focus on agriculture to drive growth and employment on the continent.
Adesina, according to the News Agency of Nigeria (NAN), recalled that during his tenure as Nigeria’s Minister of Agriculture, Dangote decided to invest in local production of rice due to government’s import substitution policies.

He said Dangote initially planned a $300 million investment in production and processing of rice in Nigeria but later changed it to $1 billion three months after.
“If they continue that policy, he would probably be the single largest producer of rice in the world in about four years.

“The reason I was so excited about that is that agriculture is cool; agriculture is a business and agriculture pays,” Adesina said.
Dangote, the Chairman of Dangote Group, said he ventured into rice cultivation because of government’s interest to revive agriculture as the mainstay of the economy and reduce importation of food that could be produced locally.

He lamented that Nigeria consumes 6.5 million metric tonnes of rice which costs the nation over $2 billion annually and commended government’s policy that encourages private sector’s active participation in agriculture.

“In the next three years, we want to produce one million tonnes of quality rice, make it available and affordable to the people.
“We hope to do 150,000 hectares and when we are done, Nigeria will not have anything to do with importation of rice,” Dangote said.

According to him, Dangote Rice Outgrowers Scheme is committed to creating employment, increasing incomes of smallholders farmers and ensuring food security in the country.

He said to achieve the goal, the scheme would provide high quality seeds, fertilisers, agro-chemicals and technical assistance on the best agricultural practice to farmers.

“This scheme will help to diversify the economy, alleviate poverty and reduce the nation’s import bill.
“The scheme has been designed as a one-stop solution for the rice value chain,” Dangote stated.
The pilot phase of the Dangote Outgrowers Scheme launched in Sokoto State would create jobs for 16,000 rice farmers in the state.

https://www.thisdaylive.com/index.php/2017/04/18/afdb-president-predicts-dangote-will-become-largest-world-rice-exporter/

SooCute:
If he is in the government's good book and has enough money to make mistakes, he can take over any market.
You can clap over it but hey, its not overtly healthy for our economy in the long run.
I love him though but hey, that dude hold our government for blokos!

Holatunde007:
Largest exporter indeed when his citizen can't even consume rice at very cheap price.....
Meanwhile
Pls I need work either factory or catering serving

ifyain:
Agriculture is a business with marginal profit. it is cheaper to import rice than to farm it here in the country. farmers in europe and america survives because of government subsidies and cheap loan which Mr Dangote also enjoy from his cronies in government.here in the UK dairy farmers are dumping milk at the supermarket doors because they were losing money as the price the supermarket were paying for their product is not profitable.the dumb government of Nigeria will make you believe that agriculture will save Africa but that is a fraud. The money is high tech and education, but since they are not smart enough to realise that, it is all about simplistic solution.

sarrki:
Maybe not

We are not folding our arms too

I will be the one in that position at the rate I am moving

God bless all our hustle

ifyain:
Agriculture is a business with marginal profit. it is cheaper to import rice than to farm it here in the country. farmers in europe and america survives because of government subsidies and cheap loan which Mr Dangote also enjoy from his cronies in government.here in the UK dairy farmers are dumping milk at the supermarket doors because they were losing money as the price the supermarket were paying for their product is not profitable.the dumb government of Nigeria will make you believe that agriculture will save Africa but that is a fraud. The money is high tech and education, but since they are not smart enough to realise that, it is all about simplistic solution.

proffc:


Thank God he's a Nigerian. He might seem to be running a monopoly today, but we need more 'monopolies' run by private individuals and not Government and this is why. Over time they will get more efficient, they will employ a lot of smart intelligent people who, deepen the transfer of technology, his staff will understand the technology and transfer that knowledge to the rest of us. In the long run, the monopoly will inadvertently produce equally knowledgeable people who will then meet people with resources to recreate the success they've learnt from a monopoly. They might take just a part of the whole process, reproduce it and make it better. In the long run it will be good for Nigeria and Nigerians. There will be more jobs, there will be more money and there will be better advancement in living. The caveat is to prevent the Govt. from ever meddling in the affairs more than as a regulator. Read about Rockefeller, J.P Morgan etc and see how the monopolies they created became a positive driver of the future.

sarrki:
Maybe not

We are not folding our arms too

I will be the one in that position at the rate I am moving

God bless all our hustle

SkenolProp:
I believe this. That guy is on a business roller-coaster.





An ACRE of land for sale!
Location : Along okota road, Cele Bus Stop, off Apapa Oshodi Expressway.

Contact us... 08158645514 for further details.

hope4life:


An acre of land in such a place in Lagos. My friend stop the joke. If it's true how much and what documents available?

hope4life:


An acre of land in such a place in Lagos. My friend stop the joke. If it's true how much and what documents available?

aribisala0:

Opinionated gibberish. Have you ever planted rice before. You just sit down typing rubbish and think you know everything

ifyain:

Please do your research, I live here in the UK and also a farmer there in Nigeria. I am a member of the British farmer,s association so I can talk with authority in this field. the only advantage in been a farmer in Nigeria is cheap labour and that is not even quality labour. If Mr. Dangote were to operate his business model here in Europe, his company won,t last a day.

mikeycharles:
hey Adeshina the man that helped in revolutionizing our agricultural sector.

obaino860:


Nigerian government do not welcome competition, especially when it relate to dangote....they will look for a way and frustrate you