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Who Are Those Behind Dangote Group ? (photos) - Business - Nairaland

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Who Are Those Behind Dangote Group ? (photos) by TundeBricklayer: 9:51am On May 25, 2023
These guys controls shares of 86% of Dangote while Aliko less than 1%

14 Likes 6 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Bestmanfornow: 9:59am On May 25, 2023
Nigeria is the more you look the less you see

97 Likes 12 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Ogene001: 10:00am On May 25, 2023
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

127 Likes 20 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by rtdCivilservant: 10:11am On May 25, 2023
TundeBricklayer:
These guys controls shares of 86% of Dangote while Aliko less than 1%
Ur heading says one thing, but the figures u quoted say something else, hope you are OK?

105 Likes 8 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by EyenIbibio1: 10:12am On May 25, 2023
Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

Dey try relax small small, high BP no be your mate o

286 Likes 21 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by tommy589(m): 10:18am On May 25, 2023
Getting forex at official rates.

Profits already streaming with turn around

5 Likes 2 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by baby124: 10:20am On May 25, 2023
Interesting to see Blair’s wife on that board. Many people have been saying that couple junket the whole Africa, looking for countries to take advantage of. I hope Tinubu is smart enough to shake off this people. Tony will quickly run into any African country and start holding meetings when no concern him. He’s no longer in office but na him pocket him de chase.

37 Likes 3 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by tuborme: 10:21am On May 25, 2023
Nigerian banks 50%

11 Likes 2 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by OloyeVIII: 10:22am On May 25, 2023
Why i no dey see my name?

15 Likes 3 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Ogene001: 10:25am On May 25, 2023
EyenIbibio1:


Dey try relax small small, high BP no be your mate o
Na you de get high BP as we expose your propaganda. No field where Igbos have not displaced you

37 Likes 4 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Astra101: 10:27am On May 25, 2023
Something isn't clear to me. Project financing :Dangote Group =50%
:Nigeria Banks =50%

Is it that Nigeria banks gave Dangote loans to the tone of 50% of their own initial investments or got a share holding of 50% and how comes Dangote group held almost 86% share of this refinary when NNPC controlled 20% ownership?

50 Likes 6 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Mustack: 10:28am On May 25, 2023
This black rock is not a good ideal of investor.

10 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by Nobody: 10:31am On May 25, 2023
Dangote refinery cost $18b.Buhari has spent over $10trillion is paying subsidy.What stops him from building new refineries?

128 Likes 8 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Ogene001: 10:38am On May 25, 2023
Astra101:
Something isn't clear to me. Project financing :Dangote Group =50%
:Nigeria Banks =50%

Is it that Nigeria banks gave him loans to the tone of 50% of his own initial investments or got a share holding of 50% and how comes he held almost 86% share of this refinary when NNPC controlled 20% ownership?
Dangote group is not Dangote, I hope you know the difference

32 Likes 3 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Astra101: 10:40am On May 25, 2023
Revolution2022:
Dangote refinery cost $18b.Buhari has spent over $10trillion is paying subsidy.What stops him from building new refineries?

I think $10 trillion is exaggeration. BTW, your Signature is catchy.... Have you been hurt?

15 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by Astra101: 10:41am On May 25, 2023
Ogene001:

Dangote group is not Dangote, I hope you know the difference
Anyway thanks for the correction. Back to the question

3 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by TundeBricklayer: 10:43am On May 25, 2023
rtdCivilservant:

Ur heading says one thing, but the figures u quoted say something else, hope you are OK?
I mean those that own Dangote group

5 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by sonature1: 11:04am On May 25, 2023
The major shareholders are not even Nigerians. I didn't even see NNPC on top of the list, meaning that the corporation holds an insignificant stake.

4 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by mrvitalis(m): 11:10am On May 25, 2023
Mustack:
This black rock is not a good ideal of investor.
I saw them an was like wo wo ...those guys don't mess around they got their hands on everything ....don't be surprise they have agreement to increase stake slowly

Black stone , black rhino and black rock are companies I love and fear at the same time they can do and undo

10 Likes 2 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Karlifate: 11:21am On May 25, 2023
sonature1:
The major shareholders are not even Nigerians. I didn't even see NNPC on top of the list, meaning that the corporation holds an insignificant stake.

It's not about the stake they have in the company as shown in the profile for public consumption.

Dangote Group do a JV with NNPC in owning many of their assets.

2 Likes 1 Share

Re: Who Are Those Behind Dangote Group ? (photos) by Karlifate: 11:24am On May 25, 2023
TundeBricklayer:
These guys controls shares of 86% of Dangote while Aliko less than 1%

Some names you see in the Managerial list doesn't mean they have any stake in the company.

Many of them are appointed by the main shareholders to oversee the activities, and they give a report back to them.


The real controllers are usually behind-the-scene. 💯

89 Likes 6 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Karlifate: 11:30am On May 25, 2023
tuborme:
Nigerian banks 50%

Banks are not just structures.

The owners invest their monies in other companies they know will yield profitable ROI.

Dangote Group is a trusted brand & that gives them confidence to part away with their monies, for some period of time, while expecting positive ROI.

Besides, many of them are Aliko Dangote's friends.

WIN-WIN for both.

7 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by PureFace1(m): 11:45am On May 25, 2023
TundeBricklayer:

I mean those that own Dangote group

I see 1 Yoruba 2 Igbo and 1 guy from south south, even that guy that bear Ikazoboh could also have been from the South South, in fact all of them could have been from the south south.

Only the Yoruba guy have real power in the company as the Chief Financial Officer the rest are non executive which mean they can only give advice

If this is what you are trying to chest beat with ? then you score an own goal.

79 Likes 10 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by PureFace1(m): 11:53am On May 25, 2023
Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

There is only one Igbo on the list the rest are from South South they are even non executive which mean they don't have any power to make decisions they can only advise. The Yoruba guy there is the Chief Financial Officer with real executive power but Yoruba are not claiming Dangote company though

75 Likes 7 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by PureFace1(m): 11:57am On May 25, 2023
Ogene001:

Na you de get high BP as we expose your propaganda. No field where Igbos have not displaced you

You guys always act delusional.

There is only one Igbo on that list and he is a non executive member the Yoruba there is the real executive member with power so how the hell have you displaced Yoruba lol ?

Are you now claiming Dangote company because you have one guy as a non executive member on the board ? there must be something special in the water you guys drinks in the east to make you so delusional.

88 Likes 9 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by GeneralPula: 11:59am On May 25, 2023
Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos
You guys would imagine something that didn’t exist, then twist it all because of inferiority complex..

Justify your claim with prove, where Yoruba acted since Dangote refinery comes up?

59 Likes 7 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by GeneralPula: 11:59am On May 25, 2023
Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

6 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by Airlord2030: 11:59am On May 25, 2023
and stupidity

13 Likes 3 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by Gabriel004: 12:06pm On May 25, 2023
PureFace1:


I see 1 Yoruba 2 Igbo and 1 guy from south south, even that guy that bear Ikazoboh could also have been from the South South, in fact all of them could have been from the south south.

Only the Yoruba guy have real power in the company as the Chief Financial Officer the rest are non executive which mean they can only give advice

If this is what you are trying to chest beat with ? then you score an own goal.
Bump.

The yoruba man is so powerful there.

25 Likes 4 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by PROPEACE: 12:31pm On May 25, 2023
baby124:
Interesting to see Blair’s wife on that board. Many people have been saying that couple junket the whole Africa, looking for countries to take advantage of. I hope Tinubu is smart enough to shake off this people. Tony will quickly run into any African country and start holding meetings when no concern him. He’s no longer in office but na him pocket him de chase.
Wow! That's serious dude! I thought you were joking till I checked it up online. It's Tiny Blair's wife.

8 Likes

Re: Who Are Those Behind Dangote Group ? (photos) by BRIMBRAM: 12:34pm On May 25, 2023
Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

All I know is that. Just that one and I mean that one investment by Dangote a Fulani man from the North and Muslim, is greater than all Igbo investment put together in Lagos since 1960. grin

39 Likes 7 Shares

Re: Who Are Those Behind Dangote Group ? (photos) by SOSinNigeria: 12:39pm On May 25, 2023
Ogene001:
I see Igbo names in the non executives yet yorubas are acting as if they now own Dangote to the exclusion of Igbos

Don't mind those primitive bigots. That's how they claimed to own Gatwick airport in UK just because a Yoruba man was appointed to manage it.

There lies and foolish propaganda is so shameful and distasteful.

8 Likes 2 Shares

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