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Dangote Group Opens Automobile Assembling Plant In Nigeria (Pictures). / This 1.8 Billion Naira Luxury Yacht Is Fully Powered By Solar Energy / Innoson, A Car Manufacturer Or Just A Company Assembling Cars? (2) (3) (4)
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Re: Inside Dangote multi Billion naira car assembling plant (photos) by yahmohy27: 6:43pm On Feb 03, 2022 |
slivertongue:Yeah , you are there 2 Likes |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by Emma15678: 6:44pm On Feb 03, 2022 |
Amatarasha:God forbid, do you see what tribalism has done to you? Abeg buy sense. 3 Likes |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by ufotunang: 6:45pm On Feb 03, 2022 |
That is good at least it will create jobs for the youths...if the government can provide an enabling environment for business to strive...a lot of jobs will be created and bussiness opportunities 1 Like |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by Jerryherd: 6:47pm On Feb 03, 2022 |
backbencher: Definitely they would cost more than some tokunbos and some tokunbos like Benz trucks might cost far more than the assembled Chinese crap But then no Car can go for $2000 or 1,000,000 even if we manufacture steel components of a car least would be $10,000 starting price or 5 -6 million naira 2 Likes |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by heniford2: 6:49pm On Feb 03, 2022 |
Good |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by akin9ja78(m): 6:50pm On Feb 03, 2022 |
Doings |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by nextstep(m): 6:51pm On Feb 03, 2022 |
Billingslord: That's a very interesting statement considering that the same Lagos State buys cars made in USA, Japan, and Germany... by your logic, what value have those companies added to Lagos state? How many tomatoes does Lagos produce? Yet it's likely the highest consumer of tinned tomato. What value are the tomatoes grown in Kaduna adding to Lagos? That aside, I like to see this: we need many car and truck assemblers/manufacturers in as many states as possible. All states should patronize all Nigerian car brands because ultimately it's good for us all. 2 Likes |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by EastisBae: 6:53pm On Feb 03, 2022 |
backbencher: Innoson manufactures a significant percentage of his parts here in Nigeria while others are concesioned to different local companies within Nnewi and beyond. His car lights, tyres, electrical components, upholstery, battery, wipers etc are all made in Nigeria!! The reason why most Nigerians can't afford his cars is because of widespread poverty. If Toyota should build its plant in Nigeria, many Nigerians still can't afford it. Cars are never anywhere in the world because a whole lot goes into its manufacture. Check statistics of brand new cars imported into Nigeria and you will realize it's less than 2% of total car imports. 1 Like |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by iokpebholo: 6:54pm On Feb 03, 2022 |
[quote author=Oduduwa707 post=109928981][/quote]Are u one of them |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by samwillyco1(m): 6:55pm On Feb 03, 2022 |
Great one from Dangote INNOSON you better upgrade more and more NIGERIA going into the hands of one man |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by nextstep(m): 6:56pm On Feb 03, 2022 |
backbencher: Nor can they afford a newly assembled car from Japan or USA. New cars are expensive to make, and I would rather Innoson continue making good quality (albeit expensive) new cars, which will eventually reach the used-market after 5-7 years. As more of these cars transition to the used market, you'll see more people being able to afford them. We don't make all the components, but an increasing number of car parts/components are being made by smaller companies around Nnewi. The cost still won't come down because of the economics of making cars. 3 Likes 1 Share |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by samwillyco1(m): 6:56pm On Feb 03, 2022 |
Too much Money too much Money oooo God please bless my hustle |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by Stronghold91: 6:56pm On Feb 03, 2022 |
this one na better motor |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by pavoda: 6:58pm On Feb 03, 2022 |
Are you crazy? Its why this country will not work for the poor masses. Because people like you see things this way. How many of the Accidents caused by Dangote trucks have seen the families of the dead and injured get commensurate compensation. In sane climes you know how that would play out. Anti-Trust laws are what we require in this nation, dangote isn't doing anything special,Elon Musk is.What level of philanthropy is attributed to Dangote.What are his contributions to the host communities of all his businesses in terms of Corporate Social Responsibility? Check the news they all complain How much of his ideas are funded by Laundered funds, tax breaks and a bevy of illegal incentives Arewa1stSon: |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by pacespot(m): 6:59pm On Feb 03, 2022 |
What are Yorubas billionaires doing while watching Dangote taking all the initiatives in the South West. That Globacom owner Mike Adenuga is just a useless man. He doesn't know that if Dangote should start manufacturing cars like, he will soon be the one to manufacture all the tech equipment needed by his company. 3 Likes |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by samwillyco1(m): 7:01pm On Feb 03, 2022 |
Very soon Dangote go employ more people than the federal government |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by 8stargeneral: 7:03pm On Feb 03, 2022 |
Penguin2:U know what they know HW to do best without even teaching them |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by joinnow: 7:04pm On Feb 03, 2022 |
So lovely Meanwhile hater who do not like good things Oya Tak am
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Re: Inside Dangote multi Billion naira car assembling plant (photos) by zoroby(m): 7:05pm On Feb 03, 2022 |
Only this man car, oil, sugar, salt, oxygen, fresh air. Very soon they will remove subsidy on cars so we can depend on his car business. On a serious note, very soon they will stop car importation just for one man. |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by BoBiafra(m): 7:05pm On Feb 03, 2022 |
Fulani Monopoly, Greed And Underdevelopment Of Nigeria’s Economy There are two major cement producers in Nigeria, Dangote Cement, largely owned by Aliko Dangote and BUA Group owned by Abdul Samad Rabiu. Both of them are Fulani business moguls from Kano State one from the Isyaku Rabiu family and the other maternally related to the Dantata family. Cement assumes an oversized importance in Nigeria because two Northern oligarchs have seized it’s production and distribution. The Monopoly enjoyed by these two oligarchs mean that everyone is forced to pay outlandish prices not related to the true value of the products and not comparable to the lower prices paid for it in the rest of the world. All of us are forced to pay outrageous prices to sustain the myth of Dangote being the richest man in Africa. Yet no one has told us the benefit of having the richest man in Africa from Nigeria. So while Governments all over the world are enforcing and litigating antitrust laws to break monopolies, the Government of Nigeria is forcing a monopoly on the people in other to make Dangote the richest man in Africa. Dangote is not rich because of his business acumen or what he produces but because he is a favoured client allowed to poach the finances of the people and Government of Nigeria. No international rating agency rates him or his companies better than many others, either in management or entrepreneurial accomplishments. Dangote is rich because he remains a favoured patron of successive Nigerian Governments dominated by Fulani and as a payback, his businesses are highly leveraged, patronized and protected by Government. The man is not a business champion and is thus not the richest man in Africa for producing pasta and cement, even as all his products are overpriced. He twists the arms of the Federal Government to sustain a regime of high prices in the products where he enjoys monopolies like cement. He has made no innovations in anything and does not advance society with any new technology. Dangote has built his wealth from two sources of power in Nigeria: the control of the Federal Government by his ethnic Fulani and control of the foreign exchange “allocations” by the same Federal Government through control of the Central Bank. To take further advantage of both, he deploys these powers to kill every competition, force the enactment of self-serving Government policies and laws and create new ones where there are none. The Fulani themselves are enthralled by the fact of the richest man in Africa being Fulani and will deploy all powers of the Federal Government to protect him and his businesses. When the Southern borders were closed for example, Government specifically issued an exception to Dangote trucks. Aliko Dangote benefits as an entrenched member of the Fulani oligarchy since early in the eighties. He was groomed by the Dantata family in the late seventies at WAPA, Kano and early in his business career, was a protégé of the Dantata’s. He has therefore been lucratively located in the business flank of the oligarchy and never directly competes to hold political power. He was self effacing early on, offering no threat to politicians and so was ignored in the contests for political power in Nigeria. But Aliko Dangote, been a keen eyed businessman and knowing that his business success is tied inexorably to building the right political alliances, has immersed himself so deep in the power dynamics and has over the decades gathered enormous power and influence that no one can ignore him anymore in the political power calculations in Nigeria. The moniker of “businnessman” on Aliko Dangote is deceptive and deflective, removing him from direct responsibility for some of the more damaging policies and practices of Government originating from him, even as he is the main and direct beneficiary of such destructive policies. For instance, the Federal Government policy of import licensing by the Shagari and later Buhari Governments in the early eighties made Aliko Dangote the major importer of most basic commodities like salt, sugar, rice, cement etc. Import licenses were issued exclusively to him and fellow Northerners, many of whom were not business persons. These other beneficiaries promptly sold their licenses to Aliko Dangote. The then Minister of Commerce in the Government of General Buhari in 1984 Mahmoud Tukur was so bigoted that he would announce in his office that import licenses were meant for northerners to catch up with Southern businessmen. This skewed practice eventually made Dangote achieve an unheard of monopoly in the importation of major commodities in a rapidly expanding Nigerian consumer market. Everyone else in the business of importing commodities into Nigeria, particularly the Igbo were forced into smuggling as they could not be “qualified” for import license. Many fell prey to the draconian laws enacted by Buhari in 1984 like 200% import duty on vehicle imports. Goods ordered by Southern business men before the coming of the Buhari regime were seized at the ports because no one could pay the new import duties. These seized goods were promptly auctioned off unabashedly to northerners. A young Igbo friend whose containers were seized sold off everything else he owned and migrated to Brazil, cursing on his way that this country will never have peace and Justice. So many lost their goods and businesses and others suffered seizures and blockade of their imports. Aliko Dangote thereafter became the champion of Apapa and Tin Can island ports in Lagos. For many decades, Dangote held the exclusive authority to import sugar, salt, rice and many other commodities into the starving Nigerian market. It was foolhardy for any merchant ship with these imports to enter the Nigerian waters or to try to berth at the Nigerian ports. Many business men were destroyed by officialdom who tried to compete with Dangote in his chosen areas of business. Dangote himself does not believe that he is subject to or should obey laws that negatively affect his dominance. One popular example was Cletus Ibeto producer of Ibeto cement. Ibeto was forced out of the cement business by Aliko Dangote who quoted policies and laws not known by anybody else and it was only the later kindness and insistence of President Yar’adua that temporarily restored him. President Yar’adua died and Ibeto cement had to flee. Since we are a nation ruled by men, not by laws, Aliko Dangote has thrived in Nigeria by making himself an exception to every law and every rule. He lives and does his business above every financial and monetary regulation imposed by any Government in Nigeria. Aliko DANGOTE does not believe in business competition and thrives by using the Federal Government power and policies to destroy every possible competitor. He has always been supported by northern controlled Governments in this effort. Dangote has thrived not through holding any patent on scientific discoveries or creating new products, not through creating or improving processes, not through new or improved technologies but through protected trading environment created and sustained for his ascendancy. Another area of bitterness by other businesses is Dangote’s overwhelming dominance and control of the foreign exchange market. There are strong rumours and loud whispers of Dangote’s purchase of foreign currencies “Sub Rosa” and at below declared prices. Every businessman finds ways to beat the competition, sometimes deploying underhand ways but it remains the duty of the state to protect and preserve the competitive business environment. Competition inspires innovation, creativity and brings about lower costs and better products and services. Competition inspires progress for the economy and society. Dangote’s predatory business practices have been unrestrained and sometimes overwhelms Government itself. In the pursuit of creating and sustaining a northern business champion, Dangote has been allowed to take hold and dominate Nigeria while gas lighting competition. He has been allowed again and again to seize the Nigerian economic jugular without competition or countervailing protective policies. The agenda has been for the North to pull every stop to produce a northern business champion without the rigour of beating the competitive environment. Faced with international competition, the Dangote model will fall as it is not undergirded by the power of a winning idea, by the toughened knowledge and experience ofgoing through a competitive environment. Gold must pass through fire to win the love and admiration of men. Until he goes through the crucible, Aliko Dangote cannot be a champion of business in Nigeria or anywhere else. He is a creation of privilege, a caricature of progress and never the real deal. He has created nothing new or unique to the world. Put in a truly competitive environment, the Dangote bubble will burst. For now, he can sell his cement for any price he wants. Someday, Nigeria will find new ways of building houses without cement. 5 Likes
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Re: Inside Dangote multi Billion naira car assembling plant (photos) by asanausana91: 7:08pm On Feb 03, 2022 |
Amatarasha:ojukwu said more than you but at the end he wear woman wrapper to Abidjan. 2 Likes |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by gambojimeta: 7:11pm On Feb 03, 2022 |
Choose wisely Dangote (french Peugeot) or Innoson (Chinese moto) |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by JayPeeOham: 7:11pm On Feb 03, 2022 |
iokpebholo: Which blessing him dey find again Abi na him go bless you |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by Emperordynasty: 7:12pm On Feb 03, 2022 |
God bless Dangote and continue to increase him I don't care what haters have to say, Whether you say he is a thief, a liar a criminal a king of Monopoly the fact is that he is doing what hundreds of our politicians who owe us our development rights are failing to do even with the billions under their care... Single handlely this man has built cement factories ..in Nigeria, Sugar and other food production Factories ...in Nigeria, Quarries ..in Nigeria, Farms I guess ...in Nigeria, A working Refinery ...in Nigeria, Now an Car and truck Assembly plant...In Nigeria.. What this is ..is Jobs for the masses, development in wherever this are being done... I don't care what your flaws are with him, but on this very post ,put them aside and appreciate this man, The guy asking for why Asians are the heads over his major projects,..what do you expect, he should employ incompetent graduates who are greedy to spoil the work, All the awarded contracts in Nigeria that Government gave Nigerians to run, what became of them .abeg you guys should shut up and stop being emotional.. I'm not biased I'm a southerner from Edo state and a very strong Christian to the core 6 Likes |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by gaskiyamagana: 7:14pm On Feb 03, 2022 |
Amatarasha:The money your people are making from crude oil theft, bunkering and drugs trafficking could have be as useful for Nigerian if they using it for business empire like Dangote. 1 Like |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by BoBiafra(m): 7:14pm On Feb 03, 2022 |
asanausana91: Dangote has built his wealth from two sources of power in Nigeria: the control of the Federal Government by his ethnic Fulani and control of the foreign exchange “allocations” by the same Federal Government through control of the Central Bank. To take further advantage of both, he deploys these powers to kill every competition, force the enactment of self-serving Government policies and laws and create new ones where there are none. The Fulani themselves are enthralled by the fact of the richest man in Africa being Fulani and will deploy all powers of the Federal Government to protect him and his businesses. When the Southern borders were closed for example, Government specifically issued an exception to Dangote trucks. |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by Goldbw122(m): 7:14pm On Feb 03, 2022 |
If they can manufacture the material use to build cars that will be a great leap to greater innovation in Nigeria, yeah that will advice Nigeria to create and manufacture different brand of engine and body parts. |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by plankyjacky(m): 7:16pm On Feb 03, 2022 |
State government should start to raise capitalist and not tout from their States .With government support they provide enduring legacy. |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by ALLNIGERIANSMAD(m): 7:18pm On Feb 03, 2022 |
Arewa1stSon:why are you allergic to the truth, you are just off points. Poverty for your body, na im cus am |
Re: Inside Dangote multi Billion naira car assembling plant (photos) by gambojimeta: 7:18pm On Feb 03, 2022 |
Jerryherd:Innoson is not a competition. Too little in the scheme of things. Innoson that his own people won't even buy his products Competition will be the main dealers of Toyota and nissan 1 Like |
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