GreenxGreen:


Cabal - Cable - Cabal - Cable - Cabal - Cable

WikeTheDrunk:


For you to be more concerned about people wey no like Dangote before instead of the real issues on ground just show how myopic and ignorant you are.

ojuu4u:


Ur daddy is not rich,yet, someone who is risking his investment to rescue a collapsed country ,you are posting trash, to surpot nonsense, claiming concerned Nigeria.

Of course, since u dnt see beyond Nigeria and ur perspective is grossly bias and myopic.
I will indulge you to study, 2 most advanced economies and how they are supporting their own citizens, to fix personal business, which they know,it would be a beneficiary to the country in the long run.


Check below and see what President Bush did for "General motors" during his time, and create time for urself to read several stimulus packages that Bush predecessor, Obama did after Bush left office.

malali:


I took my time to explain monopoly to you, hoping you would comprehend, i have attached diagrams to help, when you own 60-70% market share in a company it is called monopoly all over the world. There are laws against these in USA, and other countries, they prevent even big companies from from buying each other not to control the market. Dangote controls the cement market in Nigeria 100%. The remaining business cannot compete with him due to his large market share.

TemmyT002:
That's APC for you o
They hate the progress of others
They absolutely hate progress and success.

Eriokanmi:
I disagree. You can't be said to be operating under a monopoly by having the largest share of the market, in which there are other players and a level playing field. Don't misconstrue market share as monopoly. They're 2 different things. For instance,Indomie has the largest share of the noodles market in nigeria so, can you say the market is being monopolised when the likes of mimi and honey well are there and still producing? In a literal term, a monopoly exists where there's no competition.

malali:


I couldn't make sense of most of your response, but i will present you evidence that the highlighted portion is not true. See attached group of refineries in the USA who are foreigners associated with the USA company. USA encourages open market, there are rules and safety measures but there is an open market. Because open market fosters genuine growth.

Zonefree:
Otedola is now Adesina's spokesman.


Otedola should be man enough and speak out. He should stop retweeting and sharing people's post.

Zonefree:
Otedola is now Adesina's spokesman.


Otedola should be man enough and speak out. He should stop retweeting and sharing people's post.

InvertedHammer:

/
Now do us a favour and list the competition for Dangote Refinery in Nigeria.

The secrecy surrounding subsidy payment is a pointer to why Dangote Refinery is being gradually frustrated out of operation. Nigeria is not in short supply of paid pens who justify every atrocities by every regime since 1960. Ever wonder why the country is stuck on a treadmill of motion without movement?

I am sure that you have never read the fine prints of open market economy.

/

InvertedHammer:

/
Now do us a favour and list the competition for Dangote Refinery in Nigeria.

The secrecy surrounding subsidy payment is a pointer to why Dangote Refinery is being gradually frustrated out of operation. Nigeria is not in short supply of paid pens who justify every atrocities by every regime since 1960. Ever wonder why the country is stuck on a treadmill of motion without movement?

I am sure that you have never read the fine prints of open market economy. It did more harm than good to developing nations especially the ones in the 3rd World category.

The competition should be among PH, Kaduna, Warri and Dangote refineries. Importers who line their pockets with subsidy scam funds are not healthy competitors.

/

malali:


Get well soon.
You are in our prayers.

004gist:
A friend of mine opened a printing press, importing all the machines and was printing a kind of invitation cards, doing very well and even opened three warehouses. Hired workers for day and night supplying vast market.

All of a sudden some people took sample of his product to China because they saw how it was moving fast and produce it cheaply and mass import it. That was the end of the business. He had to sell all the machine as scrap , bought keke and start riding till today.


Those who want to go into mini production aren't protected. Dangote must be protected by all means.

Those people at NNPC and their subsidiaries are the brain why all our refinaries refused to refine one drop of petrol

Eriokanmi:
You tried but dangote isn't operating in a monopolistic market. Bua group, Ibeto, Lafarge/WAPCO are still in active operation in same market. Dangote only has a edge over them because he has the financial muscle as an individual to operate. He also has cement plants outside Nigeria esrning him stable fx,hope you know.

On the oil and gas investment, before Dangote came we had 4 solid refineries which they rendered moribund due to corruption in the system. Only nnpc was importing petrol, the Monopoly which Dangote refinery has now broken. Rather, nnpc was the one operating as a Monopoly in the oil and gas market, not dangote who came just yesterday.

Bua group is also coming up with their refineries. It would soon be completed. We have modular ones too which have been in operation before dangote came. If you have the capacity today, you too can build one. Dangote had reiterated that he enjoyed no benefit from the FG. The money they contributed was a loan, which hes been paying back already. He also said he paid 100m usd for the land he built the refinery on.

So, in this case, Monopoly is out of place.

malali:
Akinwunmi Adesina,

Your passionate defense of Dangote’s monopolistic tendencies is misplaced and ultimately detrimental to Nigeria's long-term economic health. Let’s be clear: the open free market should determine winners and losers, not subjugation or forced patronage.

Monopoly and Market Distortion

Monopoly often exists where there are high barriers to entry or high capital costs.

How many individuals or companies can do railways? How many can do refineries of the scale of Dangote Refineries?

In a nation that has been importing refined petroleum products for several decades, the abnormal simply became very normal.

No smart investor would make a $19.5 billion investment and want it to be undermined by importers.

nlfpmod:
Femi Otedola shares a postbon the Dangote saga by Akinwumi Adesina, the President of the African Development Bank.



Posted by Otedola and presumably written by Adesina.

Zonefree:
Otedola is now Adesina's spokesman.


Otedola should be man enough and speak out. He should stop retweeting and sharing people's post.

004gist:
A friend of mine opened a printing press, importing all the machines and was printing a kind of invitation cards, doing very well and even opened three warehouses. Hired workers for day and night supplying vast market.

All of a sudden some people took sample of his product to China because they saw how it was moving fast and produce it cheaply and mass import it. That was the end of the business. He had to sell all the machine as scrap , bought keke and start riding till today.


Those who want to go into mini production aren't protected. Dangote must be protected by all means.

Those people at NNPC and their subsidiaries are the brain why all our refinaries refused to refine one drop of petrol

maasoap:


You have been told to educate yourself on subjects you don't understand and stop wailing shouting monopoly everytime. Your family get 20 billion dollars to invest in refinery? Baabu sense.

reuben81:
I agreed with u, dangote I know from his antecedent will make the price so astronomical, that we will find difficult to buy monopoly is bad look at what he does to cement flour sugar even salt

GoodGovernance:


Just ignore the quack.

Why should even the fear of monopoly be more important than the fear of killing a refinery that would contribute to Nigeria's higher productivity, employment and economic development, but resorting back to the dark ages of fuel importation?

How can a normal person match fuel IMPORTATION to fuel PRODUCTION, as a way of checkmating monopoly, instead of production to production?

malali:


Because Dangote told you, its 20 billion, you believed him that its 20 billion. I am sure even if he said it was 100 billion someone like you would believe anything.
This is a list of the 5 Largest refinery in the world and how much it cost to build them. . Audio 20 billion

StraightGaay:
Typical Amala person, always speaking behind someone's back, why not man up and speak for yourself. Coward