Frankiss44:


You never talk one sensible thing since the beginning of this thread, just insults.. If you are a graduate, I wonder the university that produced you... And I sincerely hope you ain't a doctor in real life

una get too much time and energy to be quoting that guy

chigator2:


Yes the refinery is included, do you know anything about debt financing, do you think Dangote is rich enough to build a $5 billion + refinery with self financing. Wake up.

You may be sleeping bro. Most huge project across the world pass through this. Dangote is not a $5 billion billionaire.

Springboot:


Dangote group is worth more than that.

Even dangote himself isn't worth that money and he is the richest man in Africa because of the worth of his conglomerate, not the raw cash he has in the bank

DoveXlover:
I told you before to focus on knowing the latest hotel rooms in towns.
Is Airtel a Nigeria company built from the scratch?

guy you're mean o you just dey give the girl gbas gbos uppercut back to back

djon78:



una get too much time and energy to be quoting that guy

Na me fuuk up.. Who never fuuk up hands in the air, no hands.

Emir01:


You may be sleeping bro. Most huge project across the world pass through this. Dangote is not a $5 billion billionaire.

You are clearly not knowledgeable, even Dangote won't argue on this.

Whenever you see Otedola visiting the facility with Dangote, do you think he is a cheerleader or fanboy.

He is likely an investor too, Dangote won't even take the risk of self financing the refinery alone, risk impact would be higher. He can't even afford to

Peppysco:


This one just come use herself as mopping stick on a thread she knows nothing about. You see men dey imagine how much $40billion investment go worth you come go wan dey catch cruise for their head, dem go roast you na. My advise to you, don't ever try to catch cruise with guys on this type of discussion again, unless say na for Friday evening cos na TGIF mood dem go dey that time and dem nor go send you at all

WHY EN PAIN YOU... TO THE EXTENT OF DROPPING NOVEL?

thebosstrevor1:


Where did you read that?

the power of fake news.

Emir01:


What's your point bro?
Is an investment to fetch in money whether listed or not. You brought the issue of listing while quoting the value of NGX in dollars and I listed some of his investments that are not listed yet.

The JV is statistically insignificant as it stands at 10% of $1bn ($0.1bn to be technical) so what’s your point exactly? So because of this $100m venture it is supposed to magically skyrocket his asset value to $40bn??


Industry experts already did research and analysis and valued the conglomerate at a little below $20bn with relevant data and reasons attached. Where is your data?? Can you give me a factual and statistical asset valuation of Mr Aliko Dangote that would disprove analysis done by experts like Bloomberg and Forbes?

At the moment, no Nigerian company is worth 40 billion dollars. All the banks in Nigeria together are not even worth 40 billion. That's almost 10% of Nigeria's GDP

chigator2:


You are clearly not knowledgeable, even Dangote won't argue on this.

Whenever you see Dangote visiting the facility with Dangote, do you think he is a cheerleader or fanboy.

He is likely an investor too, Dangote won't even take the risk of self financing the refinery alone, risk impact would be higher. He can't even afford to

It's clearly you're not intelligent cos u lack capacity to comprehend.

DoctorOlasDesk:



I lose. agree. But things i know, i know

You don't know anything. All quoted companies in Nigeria together are worth just under 70 billion. That is basically all companies in Nigeria. Nigeria's nominal GDP is just under 600 billion.

Ericnrm:


The JV is statistically insignificant as it stands at 10% of $1bn ($0.1bn to be technical) so what’s your point exactly? So because of this $100m venture it is supposed to magically skyrocket his asset value to $40bn??


Industry experts already did research and analysis and valued the conglomerate at a little below $20bn with relevant data and reasons attached. Where is your data?? Can you give me a factual and statistical asset valuation of Mr Aliko Dangote that would disprove analysis done by experts like Bloomberg and Forbes?

What's your data that factor in all his ongoing project?

Buhari is a bast@rd! Sorry. I thought here was twitter

why the comparisons

Emir01:


What's your data that factor in all his ongoing project?

Lmaoooo what ongoing projects
Dangote Cement was valued to be around $12bn+ with the next biggest company (Dangote Refinery) in the group being valued around $6-7bn asides these two the rest of his investments total value won’t amount up to $1bn so how did you arrive at $40bn and above??

zinizta:



Don Jazzy's label was bought for 70m dollars by Spotify.

Wow!! Can you show me a source so I can read about it?

Frankiss44:


You can do your conversion.. 40 billion billions is about 18 trillion naira.. So do we have any company worth that much..

Your comparison should be between two third world countries, or between two first world countries. Not between a world power and a struggling nation

DoctorOlasDesk:



You and your colleagues are dumb. Tell them I said so. I will retain what i know and he angle I see things from. You can bask in the euphoria of your pseudo-knowledge.

If u get mind show ur true self and I will show you myself and colleagues make we know ourselves well for the real life.. Komot internet and social media... Doctor my foot.. I followed every of your comments and I saw a pattern a pattern of a narcissist... I doubt any woman can cope with you. Self glorifying pric**

IMO01:



Sure

He borrowed billions of dollars for the refinery. If he wants to sell it with d cement and other production line its worth more than that amount

shia! Close mouth how much is it to build one naw

DoctorOlasDesk:


You guys obviously don't know the true worth of our institutions sha. Anyway majority are youths here. I dey busy abeg. Try finding out the annual profit after value declare by each bank to educate yourself better
I dey busy

The way some of you monkeys can arrogantly spew absolute rubbish is beyond shocking. I can imagine the way you will hang your shoulders in the air while talking such nonsense.

No private entity in Nigeria... No company.. Is worth $40b. We're talking about N22 trillion. That's more than your country's budget. More than your current foreign reserves.

PericomaNwankwo:


No need for that, more chivalrous souls already gave me an answer. I'm sure you saw it up there but chose to masturbate your rudeness on a simple question.

Enjoy your virtual reign of smartness. I'm sure you're a novice in the subject of debate in the first place, that's why you think picking on my question would make you feel enlightened. Coward's move, get a life and buckle up.

Phool thinks he has to buy company shares to know about their trading status.

Don't mind that boy.

See as u rabbish this babe

DoveXlover:
Typical answer.
Look up there, the people that answered me well are all men but the first answer from a woman is rather disappointing.
But if i had asked what's the price of Shawarma or barbecue or the latest new restaurant in town, i am sure you will be the first to comment.

cedricksly:
all business men borrow money, no big business runs on the Ceo or founder funds alone... Dangote refinery is just one part of the ma y subsidiaries under dangote group.... Sorry to ask HOW OLD ARE YOU?

I'm not sure that's why I wanna ask you this, is Elon Musk borrowing to fund SpaceX?

DoctorOlasDesk:



Nigerian graduates. Terrible products

Still disgracing your self.

Pride is very bad, take out your time and research not arrogantly bragging ignorantly.

DoveXlover:
Interesting!! You think it's worth 40 billion dollars?

Dangote refinery that's upcoming is worth over 18billion dollars..and this is just one of his many projects...I don't even think one man cam buy the entire group..ellon musk can try but not winter hurting his pockets

Elidrisy20:
NNPC

It is difficult to put a value to NNPC, but that's the only possible/probable corporate entity in Nigeria that one might gamble to be worth something remotely close to $40b.

Some fool kept talking about Nigerian banks. Not sure any Nigerian bank has depositors funds of up to $40b kpakpa, let alone value.

Frankiss44:


Na me fuuk up.. Who never fuuk up hands in the air, no hands.

Ok

Ericnrm:


Nigerians are some of the dumbest people on the planet when it comes to hyper inflating figures and worth. Reminds me of how a friend of mine “swore” that the bullion van maestro is worth over $20bn . Laugh wan kill me that day

Person don argue with me before for this Nairaland say, Tinubu is richer than Dangote.

Join all the banks for Nigeria, non of their worth reach $40B. If you doubt, do your findings

DoveXlover:
Since Elon Musk acquired twitter for 45 billion dollars, i have been thinking.

We all know that twitter was founded by Americans in America and there are other companies from America that i believe are worth more than 40 billion dollars.

From social media companies to food companies to Pepsi to coca cola and many more companies built from the scratch in America that are now worth over 50 billion dollars.

So the question is do we have home made companies built from the scratch whether offline or online that are worth more than 40 billion dollars in Nigeria?
I will like to know their names?

Note!!! I am talking about built from scratch Nigeria companies whether it's social media or food companies or otherwise.

$40billion is like half our entire stock exchange.

AFONAMARO:


Your comparison should be between two third world countries, or between two first world countries. Not between a world power and a struggling nation

Nobody is comparing, we are just asking a question.. Any company can rise up a where to be a global brand, be in third world country or world power.