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Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by naptu2: 12:52am On Sep 07, 2015 |
freshdude99: Hahahaha. You ran away and refused to answer the question. 1) Who was a politician, Sir Louis or the Emir? (I bet you'd be surprised by the answer to that question). Which one of them was a member of a political party? 2) When did Al-Hassan die and when did the Queen visit Nigeria? 3) Does the fact that the Queen rode in the Emir's car make him the richest man in Nigeria? Please try and answer the question. |
Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by GodMode: 5:07am On Sep 07, 2015 |
emmatok: Read this link www.tradeforum.org/exporting-groundnuts/ Nigeria survived on cocoa... Output from groundnut is small compared to cocoa... Since you seem educated, pls use your brain and tell me how groundnut can exceed cocoa, coal, palm, rubber and wood even in the past This dan-guys are loyal to the colonial masters and they get repaid for their slave mentality... Even his great grandson(dangote) is the richest blackman... Do you think dangote worked for it Pls use your brain and don't be deceived by documents because common sense should tell you that groundnut can't be compared with agric products gotten from the SS, SE,SW, central nigeria.. Even coal was hot-cake then compared to groundnuts.. |
Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by emmatok(m): 7:37am On Sep 07, 2015 |
GodMode: It's called monopoly Ok let me brake it down to you. Cocoa produced in the South earn more Forex then Groundnut.But Cocoa producer's are more than groundnuts producer's. And most Cocoa production and exports are channeled through the government. That's why you won't see Billionaires from Cocoa. Dantata was a monopolist for groundnut and he got the government support to fix price and export. Even if he is exporting 1 Ton of nuts he will still be richer than most Cocoa producers exporting 100tons. Remember Dangote once enjoyed that Monopoly. |
Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by GodMode: 7:44am On Sep 07, 2015 |
emmatok: Its not called monopoly there were other groundnut producers all over Africa... The dan-peeps you defend with your soul are slaves to the colonial masters.. Its not a co-incidence they made his great grandson the richest black man.. How many cocoa producers do you know of |
Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by emmatok(m): 10:14am On Sep 07, 2015 |
GodMode: Read and comprehend Nigeria was the largest producer in Africa. Major producers I can give names of Cocos producers from Ogun,Oyo,Osun and Ondo, non of them are billionaires. Unlike cocoa where you have lots of producers and exporters, Alhassan Dantata Monopolize the groundnut business. Groundnut pyramids were the invention of Alhassan Dantata. |
Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by naptu2: 1:27pm On Sep 07, 2015 |
emmatok: @ bold: Exactly! Apart from the fact that Al-Hassan Dantata traded in numerous commodities and other goods (he was a shareholder in the first textile mill in Northern Nigeria. He dominated the kolanut market, sold European clothes, grains and potash, his wife dealt in women's goods) he was also the inventor of the groundnut pyramid. He monopolised the market and had such economy of scale that other groundnut producers brought their goods to his warehouses in Kano and sold them to him. He had agents everywhere and he was a Director of the railways. He would then move the groundnuts to the south for export. The trains that took his groundnuts to the south also brought his Kolanuts from the south for sale in the north. The sacks of groundnuts were so many that they were built up into large pyramids. Entire railway trains would be loaded exclusively with his goods. 1 Like 1 Share |
Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by emmatok(m): 2:59pm On Sep 07, 2015 |
naptu2: One of Alhassan Dantata major advantage was his direct trade link with the Europeans, he helped them to buy cash-crops all over West-Africa. And ability to speak English help him a lot. 1 Like |
Re: Nigerian Companies Where Ceos Are Sons Of Founders Of The Companies by danielhsuing: 2:05am On Sep 22, 2015 |
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