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Nairaland Forum / Nairaland / General / Business / Nigeria’s Economy Is Not Working – Dangote (904 Views)
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Nigeria’s Economy Is Not Working – Dangote by Omooba77: 2:15pm On Mar 12, 2020 |
"@wotzupNG: Nigeria’s economy is not working – Dangote…Says after his firms lost N30bn profit to Apapa gridlock @Gidi_Traffic Even the Rich are now crying ��� https://twitter.com/Gidi_Traffic/status/1238080555167735808?s=19 Africa’s richest man, Alhaji Aliko Dangote revealed that he feels Nigeria’s economy is not working. Dangote, who is Nigerian, shared his thoughts on efforts by what the government is doing to transform the nation’s economy during a roundtable discussion with the CBN Governor, Godwin Emefiele. Dangote says Nigeria’s economic diversification program has been largely sluggish and elusive. According to Daily Trust, Dangote also warned that the risks are huge if Nigeria fails to fast-track the diversification of her economy. He said: “My heart bled when I read that Nigerian Customs collected N1.35trn import duties last year. It means the economy isn’t working. If the economy is working, the customs shouldn’t collect that much money, it is the Federal Inland Revenue Service (FIRS) that should.” The richest man also expressed concern about how the drop in the price of international oil would be affected. He added that now is the time Nigeria should diversify as the country can’t hinge sustainable development on just agriculture and manufacturing sectors. Dangote while lamenting about the poor facilities that have lead to economic drain advised that the country needs to be more serious as we don’t talk about diversification. https://africa.cgtn.com/2020/03/12/aliko-dangote-says-nigerias-economy-isnt-working/ |
Re: Nigeria’s Economy Is Not Working – Dangote by Davash222(m): 2:19pm On Mar 12, 2020 |
Lol Uncle, na so we see am. All thanks to Buhari and APC. Dangote, Africa richest man is complaining of the economy, but you on a 30k monthly stipends is still saying Buhari is the best thing that has ever happened to Nigeria after slice bread, you see why we call you guys ZoneBs ![]() 5 Likes |
Re: Nigeria’s Economy Is Not Working – Dangote by jerryunit48: 2:26pm On Mar 12, 2020 |
I won’t even say anything before some die hard supporters come for me |
Re: Nigeria’s Economy Is Not Working – Dangote by BlackfireX: 2:29pm On Mar 12, 2020 |
Fake news , dangote did not say that. |
Re: Nigeria’s Economy Is Not Working – Dangote by IDeyNL: 2:37pm On Mar 12, 2020 |
Dangote is an IPOB wailer |
Re: Nigeria’s Economy Is Not Working – Dangote by DMerciful(m): 2:43pm On Mar 12, 2020 |
When dvvlard rule, everybody cries including the wealthy! |
Re: Nigeria’s Economy Is Not Working – Dangote by Nobody: 2:43pm On Mar 12, 2020 |
Deep down, Dangote really miss the days of GEJ. His business was booming. His wealth was growing very fast. The good old days. |
Re: Nigeria’s Economy Is Not Working – Dangote by Omooba77: 3:05pm On Mar 12, 2020 |
obowo69: We are all into it together and luckily the whole world is mourning coronavirus |
Re: Nigeria’s Economy Is Not Working – Dangote by Omooba77: 3:07pm On Mar 12, 2020 |
All he said in summary is that we are still heavily import based economy and we are not exporting....QED |
Re: Nigeria’s Economy Is Not Working – Dangote by Omooba77: 3:25pm On Mar 12, 2020 |
Nigeria economy is not working because people spend hours in traffic and are fatigue by the time they reach office and we are talking about ease of doing business. Lalalasticlalala how true is this story? |
Re: Nigeria’s Economy Is Not Working – Dangote by Omooba77: 3:51pm On Mar 12, 2020 |
Coronavirus is making it worse.................... |
Re: Nigeria’s Economy Is Not Working – Dangote by Omooba77: 7:32am On Mar 13, 2020 |
Canada don get coronavirus....................... |
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