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Nairaland Forum / Nairaland / General / Business / Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) (48811 Views)
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Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by KotalKahn: 6:08pm On Apr 23, 2019 |
cr7lomo: Lol. So all the other cement factory he has in about 14 African countries is what? 9 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Princeofasia: 6:08pm On Apr 23, 2019 |
ahiboilandgas:must you display your stupidity? |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by hollah123: 6:09pm On Apr 23, 2019 |
soberdrunk:dont mind those ones who don't know anything, they don't know dangote is only enjoying his romance with d ruling class through monopoly. what angers me d most is the damage done by his truck on daily basis. killing people n all sorts n nobody is suing him,i guess it's all cos of d name? some people will say he wants to venture into biz overseas, let's see if they will cripple their economy to let him grow or his truck will wreck havoc n he won't pay damages 2 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by RexTramadol1: 6:10pm On Apr 23, 2019 |
1 Like |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by tiredoflife(m): 6:11pm On Apr 23, 2019 |
soberdrunk: My brother e go better for u Just like abiola This man has nothing in his head Na government dey sustain am Make e build him refinery finish na We dey wait Lass lass he go pack up Useless man Na so e lie for transcorp I rush buy 68,000units for 500k plus I no see one profit Till I sell at N1:50 Something I buy for N7:50 Scammer oshi 2 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Aiyk2333: 6:11pm On Apr 23, 2019 |
NOC1:Govt crippled Ibeto's booming cement business only to monopolize Dangote, plus top politicians laundering money, hiding it in his business all these gave rise to his wealth 1 Like |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by DaV8King(m): 6:11pm On Apr 23, 2019 |
prince3009: Dangote Flour already sold the noodle operation to Dufil Prima, makers of Indomie. I think there are agreements in place as part of the sale such that the Dangote Noodles brand continues for some time https://nairametrics.com/2017/11/15/dufil-prima-acquires-dangote-noodles-production-line-in-deal-valued-at-n3-7-billion/ 1 Like 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by jaxxy(m): 6:11pm On Apr 23, 2019 |
Interesting.. |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by samsard(m): 6:13pm On Apr 23, 2019 |
cr7lomo:YOU guys have got issues sha, he does have cement manufacturing in East Africa. + there is NO rule that says a successful business man needs to be global 5 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by NOETHNICITY(m): 6:16pm On Apr 23, 2019 |
jaems:Why should govt build and own refinery? If I become president today, I will sell off our refineries and even nnpc. What govt need to do is created the enabling environment required for the private sector to own refineries and many other things 9 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by richard69(m): 6:16pm On Apr 23, 2019 |
Sorry you forgot his tomato plant soberdrunk: |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Vatod(m): 6:19pm On Apr 23, 2019 |
No matter how smart you’re in all business fear competition... 2 Likes |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by chidexxy007(m): 6:19pm On Apr 23, 2019 |
Money wey my guy wan use buy one British Club? |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by soberdrunk(m): 6:20pm On Apr 23, 2019 |
ADMAF: Don't get me wrong, I am not in any way belittling or undermining his achievements in any way, I am simply saying he thrives in a monopolistic environment but a 'seasoned entrepreneur" must also be able to thrive in a competitive environment. 3 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by AgreatMan: 6:22pm On Apr 23, 2019 |
Campaign4truth: Cash cow is a business that is generating guaranteed returns. Neither his tomato business which he shut down for long periods or his refinery which is not working yet is a cash cow 1 Like |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by debaj10: 6:23pm On Apr 23, 2019 |
mknigeriagreat:that refinery will break him. d flour mill was owned by a south African company, Target, I think. they used him as a front and made him chairman. they removed him and gave his daughter director. they later dumped it. I'm sure he was gloating when he bought it off them for small change. … by 2040 most western nations would have stopped producing fossil fuel engines. once Iran and US ramp up production, prices will crash. so year on year, world consumption is dropping. Nigeria currently has 2-3 oil tankers on d high seas, without any buyers for our crude. meanwhile, our present (high) consumption is actually based on smuggling and less than 5% required power generation. imagine Nigeria with adequate, 24/7 power supply! who will u sell petrol and diesel to? 1 Like |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by NOC1(m): 6:24pm On Apr 23, 2019 |
Aiyk2333: did he (Ibeto) tell you how he grew to that level, did he mention what went wrong among them. Bussines deals don't know religion and tribe when you can play the ball as dictacted by the referees. 2 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by WhoBeThisMan: 6:24pm On Apr 23, 2019 |
soberdrunk:you mr seasoned entrapreunre what have you done with your life ? 6 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by MrMcJay(m): 6:25pm On Apr 23, 2019 |
soberdrunk: You forgot his tomato venture. It failed woefully. |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by UncletC: 6:26pm On Apr 23, 2019 |
cr7lomo:he has investments outside, you are less informed, even his cement companies in other nation like Ghana sell cement cheaper than Nigeria... browse dangote investment in Africa, 5 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Livingway: 6:26pm On Apr 23, 2019 |
Read about his monopolistic business exploitation of nigerian assets @ https://www.amazon.com/Nigeria-Sale-50-Discount-Monopolistic/dp/1432791915 |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by WhoBeThisMan: 6:27pm On Apr 23, 2019 |
cr7lomo:dagote is in 17 countries. Pls get your facts right. ... and fellow timid minds will just be liking the ill-informed comment 6 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Tyche(m): 6:28pm On Apr 23, 2019 |
soberdrunk: This is blasphemy 3 Likes |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by fbiokechukwu: 6:31pm On Apr 23, 2019 |
this olam international is just buying down companies belonging to Nigerians, bought BUA flour and pasta, now Dangote, who know maybe Honeywell flour mills is next 1 Like |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Nobody: 6:31pm On Apr 23, 2019 |
soberdrunk:Continue spewing trash. Which useless monopoly? Is Dangote the only Cement in Nigeria ? The way you igbos think baffles me Mehn!! 5 Likes 1 Share |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Lovelyn451(f): 6:32pm On Apr 23, 2019 |
I don't use his product and he's not my role model |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Akabuking: 6:32pm On Apr 23, 2019 |
No wonder I have not seen his flour truck crushing people upandan. |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by stonemasonn: 6:33pm On Apr 23, 2019 |
debaj10:you guys actually sound jealous, smh pull him down mentality, GEJ denied Dangote license to build a refinery yet he won’t build or fix the dead refineries to standard instead preferring paying huge sums for subsidy, now an Aboki gave his fellow aboki license to build a refinery, you’re shouting monopoly, monopoly monopoly smh. 3 Likes |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Gerrard59(m): 6:36pm On Apr 23, 2019 |
MrMcJay: He is resuscitating the enterprise. Besides, the government intends banning the importation of tomato paste sometime next year. debaj10: There's lot to refining crude oil than just petrol and diesel. Moreover, with Africa's population set to balloon ditto the increment of the consumer class coupled with the weak infrastructure for electric vehicles, then he's in the right continent and at the right time. Additionally, I don't know who lied to you, but Nigeria will not experience 24-hours electricity anytime soon. Not now, not in the next 100 years. @Topic: Lots of ignoramuses. They don't know that divesting is as important as diversifying or reinvesting. There's more money in the dairy sector where Alhaji plans investing than flour ditto more money in petrol chemicals than pasta. Just as a tree shed away old leaves to bring forth new leaves, Dangote is shedding away smaller businesses to introduce bigger ones. Simple economics. 5 Likes |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by davillian(m): 6:36pm On Apr 23, 2019 |
ahiboilandgas:Just imagine you have monopoly of a certain product You are going to sell and you can increase price anytime. What the dude was trying to say is that dangote can't handle market competition. He always wants to control price if he can't, he tries to buy other competitors and if he can't he folds. |
Re: Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) by Tyche(m): 6:38pm On Apr 23, 2019 |
4601CE: Dunce! Must you bring Igbo into it you dimwitted imbecillic dwarf 1 Like |
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