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Nairaland Forum / Nairaland / General / Business / Afdb President Predicts Dangote Will Become Largest World Rice Exporter (11104 Views)
18 African Countries Grew GDP Above 5% In 2017—afdb / How Dangote Will Rescue Nigeria / Dangote set to become largest rice exporter by 2021, says ADB President (2) (3) (4)
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by rozayx5(m): 8:06am On Apr 18, 2017 |
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Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by sakalisis(m): 8:06am On Apr 18, 2017 |
Good for him |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by aribisala0(m): 8:07am On Apr 18, 2017 |
SooCute:In the long run Dangote will die. He is 60 now.ultimately Nigeria and Nigerians will be the winner. Who remembers Rockefeller today . What he is doing is very healthy ,in the long run his businesses will be listed in the stock exchange and will be a platform for Nigerian economic expansion in Africa 1 Like |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Moreoffaith(m): 8:07am On Apr 18, 2017 |
smartty68: Bro no go lie you I don tire for the country walai...and with all this money wet dem dey carry one day dem go die dem no go fit spend one naira from the money... U no see wetin Multichoice don't turn for our country now ![]() |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by lastmessenger: 8:09am On Apr 18, 2017 |
Good thing is happening here in naija. We just need security and total eradication of corruption and corrupt politicians and every other thing will fall in place. God bless our country. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by obaino860: 8:10am On Apr 18, 2017 |
smartty68: Nigerian government do not welcome competition, especially when it relate to dangote....they will look for a way and frustrate you |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by alsudaes1(m): 8:12am On Apr 18, 2017 |
smartty68:Of course yes, , , My primary concern is the price, though he promised it will be affordable But looking at what is happening to the price of cement which he also controls, I'm skeptical about the price of his rice being affordable |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by koladebrainiac(m): 8:12am On Apr 18, 2017 |
smartty68:You dont get it He has already monopolized Cement. He will do the same to rice. Now how will this relate to economy debelopment? My take is aside from job n export it wont help more on bridging the gab of middle class n rich class. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by marshalcarter: 8:13am On Apr 18, 2017 |
despite how rich this guy is....he's still grindin haaard ![]() ![]() ![]() I must make am |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Nobody: 8:21am On Apr 18, 2017 |
Moreoffaith: N2,300? E be like I go dey buy from you... |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Moreoffaith(m): 8:24am On Apr 18, 2017 |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by ifyain: 8:34am On Apr 18, 2017 |
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. 2 Likes |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by tectonotimes: 8:36am On Apr 18, 2017 |
masterpiece86: Click on the first link on my signature to learn how to export agricultural products. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Nobody: 8:41am On Apr 18, 2017 |
good. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by proffc: 8:43am On Apr 18, 2017 |
SooCute: 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. 2 Likes |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by maasoap(m): 8:48am On Apr 18, 2017 |
Holatunde007:His citizens? How did we become Dangote citizens? Of course, I got your message. But the news is like this: the man is just moving into the rice farming, just like his interest in sugarcane farming and oil Refinery. BTW: it is not his responsibility to feed the nation, it is the responsibility of your governments. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by aribisala0(m): 8:51am On Apr 18, 2017 |
ifyain:Opinionated gibberish. Have you ever planted rice before. You just sit down typing rubbish and think you know everything |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Nobody: 8:51am On Apr 18, 2017 |
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Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by oyienootieno: 9:00am On Apr 18, 2017 |
Let him cure the hunger back home first before exporting. Else its another means to transfer our national wealth to a safer place.. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by ISTANDWITHBUHAR: 9:04am On Apr 18, 2017 |
sarrki: Yes ooo why Dangote keep progressing, Igbo Businessmen keep hating and funding IPOB hahah.. 1 Like |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by tuna4servi(m): 9:05am On Apr 18, 2017 |
In his home country rice is noting to write home about now u are telling us nonsense.
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Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by toprealman: 9:13am On Apr 18, 2017 |
Rather than give Dangote all the subversions to make this happen, why not spread the goodies around. This monopoly game is becoming too boring. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by IamaNigerianGuy(m): 9:14am On Apr 18, 2017 |
ifyain: You're right. But that level of reasoning is too high for the folks on NL. In any case, Is Dangote the only business person in Nigeria? |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by IamaNigerianGuy(m): 9:24am On Apr 18, 2017 |
proffc: I disagree with parts of your conclusion. It is actually efficient, farsighted and knowledgeable government regulation that grows economies . Examples of successful and highly regulated economies are USA, GB, Australia, the EU, China. All economies in the world with weak regulation are poor. Rockefeller and the early 'robber barons' of 19th century America grew large businesses alright but also did a lot through their monopolies to destroy competitors and set back innovation in America by decades. This was why at the earliest opportunity, the monopolies they created were dismantled by government. Dangote is the Rockefeller of Nigeria. He runs monopolies and uses the power of government to further his business. If you study his antecedents in the 80's and 90's, his scrapes with the NSE, how he runs his business now paying peanuts and employing Indians over Nigerians, etc you will come to realize he is not as spotless as he looks. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Ejanla07: 9:32am On Apr 18, 2017 |
sarrki: U mean with the 250k BMC pay |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by hope4life: 9:48am On Apr 18, 2017 |
SkenolProp: 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? |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by SkenolProp(m): 10:22am On Apr 18, 2017 |
hope4life: Sir, thanks for your concern. We are a registered organisation and we neither joke with our job nor our clients. Sir, you can PM us or call us..... 08158645514 for further details on the property. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by SkenolProp(m): 10:25am On Apr 18, 2017 |
hope4life: Sir, thanks for your concern. We are a registered organisation and we neither joke with our job nor our clients. Sir, you can PM us or call us..... 08158645514 for further details on the property. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by ifyain: 11:39am On Apr 18, 2017 |
aribisala0: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. |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by aribisala0(m): 12:00pm On Apr 18, 2017 |
ifyain:Biography not required. Your sweeping generalisation that farming is unprofitable is silly. Many of these farmers are massive corporate entities eg Wilmar , Chiquita Dole If you live in the UK as you claim get on a train and travel from Aberdeen to Penzance you will find over 70% of the scenery to be under some form of cultivation or agricultural use.The fact that more industrialised nations subsidise their farmers is true but you clearly misunderstĺĺand the issues and come across as one of those people with a little knowledge who thinks he knows everything. There is a time for everything .Rice is a labour intensive crop better suited to poorer countries with cheap labour .As a nation industrialises and labour costs rise it may no longer be competitive to plant specific crops without subsidies but there is nothing like pure economics because food is not purely an economic matter. It is a security one too. So subsidy is defence spending At this time in our history investing in rice production is a fantastic investment decision |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Jesusloveyou: 12:22pm On Apr 18, 2017 |
mikeycharles:revolutionise your agriculturer sector by importing virtually everything, what is his agriculturer policies. 1 Like |
Re: Afdb President Predicts Dangote Will Become Largest World Rice Exporter by Jesusloveyou: 12:41pm On Apr 18, 2017 |
obaino860:not in this govt, that was under pdp 1 Like |
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