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Nairaland Forum / Nairaland / General / Business / Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. (685 Views)
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Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Sanchez01: 12:55pm On Mar 12, 2021 |
“Dangote model will likely be the one most emulated until its beggar-thy-countrymen contradictions become more apparent.”https://www.gazettengr.com/dangotes-business-tactics-harmful-to-nigerian-economy-u-s/
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Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by johnmartus(m): 1:00pm On Mar 12, 2021 |
The last time Nigeria government have favourable economic policies to her citizens was early 80s. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Redoil: 1:03pm On Mar 12, 2021 |
who will have such opportunity and throw it away |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Freestainworld(m): 1:04pm On Mar 12, 2021 |
Very soon the food we cook in our houses will be cooked by Dangote group, very monopolistic individual, if Dangote doesn't provide, no other Nigerian is deemed fit, nonsense. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by leokid866: 1:04pm On Mar 12, 2021 |
this write up is suspect.....it just kept saying the American government without referencing who in the government spoke. Abi the person no get name? |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by tciro: 1:05pm On Mar 12, 2021 |
Hmmm monopoly |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by johnmartus(m): 1:06pm On Mar 12, 2021 |
Nigeria have been in a recession since early 90s all the past government only consolidated on recession. Recession came to it potential during Jonathan administration. While it was rapidly growing and becomes uncontrollable during Buhari administration. God will safe Nigerians the future is pregnant. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Fixey: 1:11pm On Mar 12, 2021 |
Help us tell them o. They will say bigotry Thank goodness, it's the West that's speaking now |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Macphenson: 1:15pm On Mar 12, 2021 |
Okoo |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Nobody: 1:16pm On Mar 12, 2021 |
The US is only feeling the pinch from losing one of their biggest markets in Africa. Especially when refined petroleum products are banned. If they want to compete in the Nigerian market, they should break Dangote's monopoly by establishing their own refineries in Nigeria...or tomato factories or whatever. Self sufficiency is the way to go. Dangote never stopped anyone from competing with him from within Nigeria. And yes, I fully agree with a tomato paste ban. We are producing enough tomatoes in Nigeria. Let the private sector look into opening more companies to encourage our farmers and paste their tomatoes. 1 Like |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Fixey: 1:25pm On Mar 12, 2021 |
RisenPhoenix1: Stop commenting on issues beyond your IQ abeg Now clean the rubbish you posted lest you perpetuate nonsense |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Ever8090: 1:36pm On Mar 12, 2021 |
Gbam!!!...I have been saying this |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Nobody: 2:16pm On Mar 12, 2021 |
Fixey: Sorry sah. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by vicdom(m): 2:37pm On Mar 12, 2021 |
Freestainworld:We all know the man is highly monopolistic. That's what he wanted to do in pasta, but the product quality of Indomie is second to none. He tried every means to penetrate pasta industry but he met his waterloo and eventually sold the company to the same Indomie ![]() ![]() CC: Lalasticlala please do the needful 2 Likes |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Fixey: 2:54pm On Mar 12, 2021 |
vicdom: Yes true. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Sanchez01: 4:27pm On Mar 12, 2021 |
RisenPhoenix1 post=99823828:The emboldened is shameful. Monopoly is dangerous and unhealthy to any economy. Whether or not the US interest is at stake isn't the point. For all we know, Nigeria will fidget and possibly beg of her biggest oil markets get monopolized. Regardless, Dangote is not only harming the economy but also doing lots of damages to other manufacturers in the country. The fact that Dangote Group diversifies almost every minute isn't the point but the fact that an ordinary citizen is always in the business of suggesting bills that will see other businesses ostracised and possibly killed off just so he can remain is insane and disturbing. Dangote is becoming a shark that is feeding on other sharks and rightly so, the country. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Nobody: 4:54pm On Mar 12, 2021 |
Sanchez01: Are you suggesting that Dangote not open companies in Nigeria because no one else is willing to? It's not his fault if all the other Nigerian entrepreneurs take their wealth to invest outside the country. It is also not his fault if other companies cannot compete with his efficiency. Nor is it his fault if he supports bills that advance his corporate interests. And saying that Dangote harms the economy or other Nigerian based manufacturers makes no sense. How does he do that? Whatever bills are passed that help his business in Nigeria will also help other Nigerian manufacturers obviously. By the way, are we not counting chickens before they hatch? If the government bans certain items that can be produced within Nigeria, it will help Nigerian players to sit up and take advantage. Saying that Dangote will monopolize the situation and the country will have to beg is too shortsighted. When president Obasanjo banned poultry product imports into the country, that is the same sort of rubbish that everyone was claiming; that it was to further his own farm income. Yet, circumstances have shown that it was the right action to take; poultry production and its associated enterprises are now a multimillion naira industry and provide an income source for hundreds of thousands; even though Obasanjo farms did gain from the policy. As long as the government does not ban any other person from building refineries or tomato paste factories, Dangote cannot be said to be monopolizing the industry. Even the Americans should still be able to come into the country and establish a refinery or a tomato paste factory if their intention is good about breaking Dangote's monopoly. No one is stopping them. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Sylvaxxl1(m): 11:38pm On Mar 12, 2021 |
RisenPhoenix1: you obviously do not understand what is going on in this country. When I was growing up, I looked at Dangote as my model in business having achieved all he did but you know what, I don't anymore because I know better. I have been opportune to see some exclusives the government offers him and I wonder why it doesn't reach every other business person in Nigeria. The first shocker I got is that Dangote does not pay for any import duty. Just go and think of this only and ask yourself if you decide to do business if the country will wave off import duty for you cos you're bringing employment to masses |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by LikeAking: 12:41am On Mar 13, 2021 |
Make una free my boss abeg. Oga Dangote |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Nobody: 6:26am On Mar 13, 2021 |
Sylvaxxl1: How is waiving import duty or any other regulation for a single manufacturer a business tactic; even if true? It would fall under the heading of a government concession; much like the tax holidays given recently to a select group of companies deemed to be of vital interest. Plus I sincerely doubt the veracity of this information. People just pull false news out of nowhere. Anyway, Dangote has been wealthy for decades; through a number of successive governments cutting across many political parties. I find it difficult to believe that they all made specific nationally destructive policies just to favour his own companies. I am not an avid conspiracy theorist. |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Dangrace01: 7:30am On Mar 13, 2021 |
WikiLeaks Is it American government is doing underground research on dangote and his activities and WikiLeaks leaked it? |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by Sylvaxxl1(m): 7:50am On Mar 13, 2021 |
RisenPhoenix1: If you feel it's not valid information, I leave to you to your belief cos I can't start explaining lot's of things I saw first hand |
Re: Dangote’s Business Tactics Harmful To Nigerian Economy: U.S. by TheSparrow: 8:10am On Mar 13, 2021 |
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