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Nairaland Forum / Nairaland / General / Business / Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It (90250 Views)
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Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Opinionated: 2:47pm On May 12, 2018 |
By Aroms Aigbehi Spain produces 850 000 mT of raw tomatoes yearly. That is 12% of total European production. That is a lot of tomatoes because the Europeans eat lots of tomatoes. Lots of Nigerians work in the tomato farms in Spain. They have so much tomatoes in Spain that once a year the Spanish will come together and have a very big tomato fight on the street. They will come with truck loads of tomatoes and people can fight each other with it all day. It is tradition and nobody gets hurt. But when you go to Spain just make sure you stay away from the Bull Run. That one also happens every year but don’t mix them up. In Nigeria, many brilliant people thought the problem of tomatoes shortage was there wasn’t enough processing power to process the tomatoes produced, and were left to rot. Mr. Aliko Dangote got that information too, so he thought why not build a mega tomato factory to process all that tomatoes? But he thought lets have a plan B. Lets recruit more farmers to produce tomatoes in case the present capacity was not enough. As it happened, when the factory was completed the tomatoes available in Nigeria could only run the factory for few weeks and there wasn’t enough tomatoes. The country produce too little. Where are all the tomatoes the Minister said were spoiling in Nigeria due to lack of processing power? Stories. Now Mr. Dangote is stuck with his tomato processing factory and has called in the Italians to come and build and run a very big tomatoes farm in Nigeria so he can run the processing factory. This is the problem when people believe in fables and live in a fictional reality. Hmm. could it have been a spiritual attack on Dangote? Source: http://www.opinions.ng/dangote-closed-tomato-factory/ 69 Likes 8 Shares
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Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Opinionated: 2:49pm On May 12, 2018 |
Do your own proper research before entering a business. Here are tips to help you succeed in business. 13 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by traeces(m): 2:53pm On May 12, 2018 |
Opinionated:. For us to carry on a discourse, tell me the capacity of this plant and I will tell you what size of green house will fully supply the plants daily input 36 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by CoolFreeday(m): 3:05pm On May 12, 2018 |
if this is true, then I'm going to add tomato to list of what to farm. I dont know why Nigerians don't like farming though its very lucrative 94 Likes 7 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by eezeribe(m): 3:15pm On May 12, 2018 |
OK |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by hisgrace090: 3:23pm On May 12, 2018 |
This is why it pains me whenever I read about Nigeria exporting scarce food that can hardly go through Nigerians. It is good to export things, but you must attain some level of local sufficiency before that. The chinies produces cars for more than 40yrs before exporting one, claiming they have never attain local sufficiency. 80 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 3:32pm On May 12, 2018 |
I love the way you ended it. It is not a spiritual attack, it is a religious attack. Nigerians spend all their time fasting and praying and forget to get creative, then they run around to find fast money in order to buy imported food, cream, phone and wrist-watches so they dont have to waste time being creative when they should be worshipping God. Now churches run 5 services on Sundays, and a midweek service on wednesdays, not forgetting tarry nights and vigils. The mohammedans are not left out, they pray a fuccking 5 times a day, and are constantly checking their time to make sure they dont miss a date with Allahu, what remains of their time is spent separating quarrels between their 4 wives, the rest is spent reminding the kids of the need to go to the Alfas and Imams for tutelages. So, what time do we have to plant tomatoes or engineer apples that can grow on our climate. We are not poor because we are religious, we are poor as a country because we have found an excuse in God. Yet money does not grow on trees. Dangote should have known better. He has been making serious business mistakes of late, one of which is building $18B Refinery when electric cars and solar panels are the future. I really question the true source of his wealth. How are his projects financed ? From which sources ? He pays back loans at the speed of light, well, almost. Just to create impression of 'source' ? It could be these politicians just financing him till his retirement and eventual demise. It could just be a ponzi that takes money from early mules and paying the new politicians. I envy the man, I truly do, but if I have access to such money, then I should be able to buy up Nigeria and put everyone on a universal basic income from what I can do with that money. As it is with the tomato factories, so will it be with the refineries in the next 20 yrs. This is the new world order. 320 Likes 57 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by ITbomb(m): 3:40pm On May 12, 2018 |
Permission to share on Facebook Solstar: 64 Likes 5 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 3:43pm On May 12, 2018 |
ITbomb: Go ahead. 56 Likes 3 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by SOFTENGR: 3:47pm On May 12, 2018 |
Solstar:Thoughtful! 52 Likes 2 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Shagati(m): 4:18pm On May 12, 2018 |
Solstar:Ok 10 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Afam4eva(m): 5:31pm On May 12, 2018 |
Did he not do a feasibility study before venturing into a business with limited raw material? As much as i respect Aliko Dangote, i think he's overrated as a business man because i can count how many businesses that he has failed at even as Nigeria's business man. 58 Likes 1 Share |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by OgaDonald: 5:31pm On May 12, 2018 |
1 Like |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 5:32pm On May 12, 2018 |
The problem is that we depend on the north for a bulk of the tomatoes in this country. As we all know, the north is terribly unstable. Agriculture is the best venture the youth of today can invest in. 32 Likes 2 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by SalamRushdie: 5:34pm On May 12, 2018 |
That's how they are currently lying thatvyhey have enough rice farms too 25 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by oyetunder(m): 5:34pm On May 12, 2018 |
Nobody is telling us a Nation to even manufacture car plugs...or bicycle anymore. But to even feed ourselves is proving too hard. 18 Likes 3 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Bishopsgate(m): 5:34pm On May 12, 2018 |
Opinionated: The same way we are throwing figures up and down about rice production in Nigeria and the attendant reduction in rice importation. I hope it is all true and not just stories.... 43 Likes 4 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Omololu2121: 5:34pm On May 12, 2018 |
The buhari led government is all about propaganda,they are now throwing stupid statistic around about rice production now 27 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Deltayankeeboi: 5:35pm On May 12, 2018 |
. 1 Like |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Chukazu: 5:36pm On May 12, 2018 |
Audu Ogbe and and APC are cans of worms Lying with lollipop in their mouths Lie about Yam Lie about Rice Lie about Tomatoes 25 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by anibirelawal(m): 5:37pm On May 12, 2018 |
It is hard to beleive this. 1 Like 1 Share |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Ra88: 5:37pm On May 12, 2018 |
The most ridiculous thing I have heard Nigeria leaders say is “Pray to God” whenever there is a terrorist attack or any anything bad is happening in the country. Pray to God to do what exactly, to double our brain? Or to send angels down to help us solve the little problems every reasonable human being could easily solve on his own? 28 Likes 2 Shares |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Nobody: 5:37pm On May 12, 2018 |
Opinionated:A fi spiritual attack naa Opinionated:A fi spiritual attack naa 1 Like |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by hypnotic(m): 5:37pm On May 12, 2018 |
I beg to differ, please do a proper research. Tomato import tariff is our problem not local production quantity. If the aspersion of the writer is correct, why is fed govt going on rice farming programs and empowering people? what happened to tomato empowerment programs for farmers since there is a factory to turn it to paste (offtaker)? The importers have a big say on local production capacity in Nigeria because of bilateral agreement we have signed with foreign blocs so govt prefers to import than to develop local capacity, just like the up and down dance we have in the dairy sector on local production versus milk import tax Opinionated: 11 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by dbynonetwork: 5:37pm On May 12, 2018 |
OK... Nigerians are lazy... 1 Like |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by SamuelAnyawu(m): 5:38pm On May 12, 2018 |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by grandstar(m): 5:38pm On May 12, 2018 |
traeces: I don't think they need a green house 1 Like |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by 36STATES: 5:38pm On May 12, 2018 |
Dangote doesn't run a business where there is no monopoly and government helping hand. Check all his business, they are out of the reach of anyone without government backing. 16 Likes 1 Share |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Pharaoh9(m): 5:39pm On May 12, 2018 |
I like this man, I don't miss to watch his videos or read his posts 5 Likes 10 Shares
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Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by Tinalex(f): 5:39pm On May 12, 2018 |
Believe Nigerian Ministers/politicians at your own peril. Imagine, Emefiele saying Naija has more reserves monetary wise that South Africa . Nonsense people 14 Likes |
Re: Why Dangote Closed His Tomato Factory And Lessons You Can Learn From It by loadedvibes: 5:40pm On May 12, 2018 |
World of fables 2 Likes |
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