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Dangote To Invest $12 Billion In Nigerian Economy - Business (4) - Nairaland

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Dangote To Build Cement Factory In Adamawa, Over 10,000 Jobs To Be Created / Dangote To Invest N500bn In Two 550km Gas Pipeline / Aliko Dangote To Launch $400 Million Cement Plant In Zambia (2) (3) (4)

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Re: Dangote To Invest $12 Billion In Nigerian Economy by jasmine2013(f): 1:52am On Oct 12, 2014
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Re: Dangote To Invest $12 Billion In Nigerian Economy by yehmi01(m): 2:36am On Oct 12, 2014
Is it not our money that he his investing back

Nice one sha.

At least he his trying in his own capacity small small
Re: Dangote To Invest $12 Billion In Nigerian Economy by Barcholder: 5:46am On Oct 12, 2014
Idrismusty97:
I don't know why this keep itching you. You said this in the other dagote thread. There is no emotions in business, Your hatred for Arabs won't get you anywhere. The Arabs got the money and better offer so he sold it to them. And that is just $300m stake(A small stake if you ask me). Do you know the Arabs are buying up collapsing western banks in billions of dollars? There are also buying up American media house. Al Jazeera America was gotten from one of those medias. Why are you mute about this? You shouldn't care about the US also if that is the case.

Dinars for Dollars: Arabs Buying Out Collapsing Western Banks
http://www.israelnationalnews.com/wap/Item.aspx?type=0&item=126866#_dvItemView

Arab Muslims Continue Buying Up America. Citigroup Makes Abu Dhabi one of its Largest Shareholders.
http://www.independentconservative.com/2007/11/27/citi_abu_dhabi_deal/

How wealthy Gulf Arabs are buying up huge swathes of the capital - and now make up a tenth of all buyers in exclusive Mayfair
http://www.dailymail.co.uk/news/article-2727212/How-wealthy-Gulf-Arabs-buying-huge-swathes-capital-including-150m-Mayfair-property-year-alone.html

Watch out, U.S. airlines: The Arabs are coming
http://www.foxnews.com/travel/2013/11/19/watch-out-us-airlines-arabs-are-coming/


The Arabs are diversifying away from oil, If Nigerians are wise they would do same. South Africa are even better investors than Nigeria(MTN, DSTV comes to mind). The Arabs know oil would still be obsolete so they are aggressively investing in banking, Airlines, Media, real estates and many different sectors. How many FDIs have Nigeria contributed to the world? All we do is sell oil and we are even importing the end products from our own oil. Dagote is putting that to an end by investing almost 9 billion dollars in a refinery in Lagos that is to be functional latest 2016.

Absolutely on point. Honestly, it's so refreshing to see that there are some Nigerians out there who are actually clued on about what's happening in the world around them. Speaking specifically about Saudi Arabia and their massive diversification away from Oil, guess what source of energy they are massively investing into right now?

Solar energy. They are trying to become the world leaders in Solar energy, precisely because they know that it is the energy source of the future. Nigeria has the opportunity to become precisely that, but we are so myopic and short sighted, we can't see past the next barrel of oil.

Here's a very famous quote from the long time energy minister of Saudi Arabia, "the Stone Age did not end because man ran out of stones. The oil age will not end because man will run out of oil".

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Re: Dangote To Invest $12 Billion In Nigerian Economy by Dudecollins(m): 6:09am On Oct 12, 2014
Fellow Nairalanders, pls help vote for a Nairalander and his
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Re: Dangote To Invest $12 Billion In Nigerian Economy by kemsy100(m): 7:00am On Oct 12, 2014
very interesting!
Re: Dangote To Invest $12 Billion In Nigerian Economy by Btruth: 7:14am On Oct 12, 2014
Though impressive statement from Dangote, but I think the man needs to do more to the communities where he builded all his factories. I wasn't happy to see the condition of the road from Kabba to Obajana in Kogi state at all. His trucks dominated that road and all the road are in a state of mess. So are other roads that his trucks plight as well. I discovered the reason been that most Dangote trucks lifted more than 40 tonnes in weight, both in cement and their raw materials from Lagos. Ordinarily, maximum tonnage for a truck on the Nigeria road shouldn't exceed 30 tonnage if not less, but that is not the case for Mr Dangote's truck. Furthermore, Dangote needs to educate all his truck drivers because of their reckless driving on our highways.
Re: Dangote To Invest $12 Billion In Nigerian Economy by lormarx: 8:01am On Oct 12, 2014
ROSSIKE:
Dangote To Invest $12b In Nigerian Economy




The President, Dangote Group, Aliko Dangote has said he will invest $12bn in Nigeria’s economy.

This was contained in a statement felicitating with Muslims on the Sallah celebration. He expressed his firm belief in the Nigerian economy.

He said that of the $12b, $2.3 billion would be invested in sugar and rice production in Adamawa State to create about 180,000 jobs and combat terrorism in the North-East.

He said that the Nigerian atmosphere is good for business and that he wouldn't have invested in the country if he didn’t believe that.

While wishing all Muslims a spiritually rewarding festival, Dangote described the current situation in the country as a passing phase. He urged Nigerians not to allow themselves to be overwhelmed by despair but to be determined and courageous.

“It is high time Nigerians rededicated themselves and maintained the virtues, without which the country would continue to wander hopelessly, ” he added.


http://newswirengr.com/2014/10/05/dangote-to-invests-12b-in-nigeria-economy/
that is very nice,but I have a question for him
Re: Dangote To Invest $12 Billion In Nigerian Economy by Nobody: 8:45am On Oct 12, 2014
all4naija:
I don't care about him any more. Until he stops selling the shares to Arabs before I would have a look at his plans at all! I am disappointed in him for selling part of his cement shares to UAE.
Re: Dangote To Invest $12 Billion In Nigerian Economy by cooljoe13: 1:09pm On Oct 12, 2014
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Re: Dangote To Invest $12 Billion In Nigerian Economy by Nobody: 4:23pm On Oct 12, 2014
Dangote To Invest $12 Billion In
Nigerian Economy Nahh its in adamawa economy, we in anambra wont benefit from that bullstory!

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