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Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s - Politics - Nairaland

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Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:00am On May 22, 2023
Will Dangote have become a billionaire without import ,monopoly from fantastically corrupt military & civilian leaders?

To supporters, he symbolizes that Nigeria can do more than barter and trade. It can succeed in manufacturing. To detractors, he is a predator
using connections in a corrupt political economy to tilt the playing field in his favor and sideline potential competition.

Because of their influence in the Hausa and Muslim communities, Dangote and Dantata have always been useful to both the civilian and military leaders who ruled Nigeria. Dangote enjoyed GON favoritism in the form of importing rights throughout the military regimes and coups of the 1980s and 90s.

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Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by Nobody: 9:01am On May 22, 2023
Lol. Una Sabi wail Sha!
Dangote is able to maintain a monopoly in Nigeria because of his business acumen, his ability to make the right connections, and his vast wealth.
Baba is a shrewd businessman who knows how to make a profit. He has a keen understanding of the Nigerian market and what it takes to be successful here. He also has the resources to compete with any other player in the market.

One of the reason he has been very successful is because of his ability in building relationships with key individuals in Nigeria. He has cultivated close ties with the government and with other powerful business leaders. This has given him a competitive edge and helped him to maintain his monopoly in the Nigerian market.

Also, Dangote is very wealthy. This gives him the resources to invest in new businesses, to expand his operations, and to compete with any other player in the market. He also has the ability to weather any economic downturns. This makes it very difficult for any other player to take market share away from him.
Simple Sense! 🤷‍♂️

5 Likes 1 Share

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:06am On May 22, 2023
cool



Nonsense write up....

Dangote approached Nigerian Government to buy and refurbish our refinery, Yaradua refused

Dangote wanted Land in Ogun, Delta and Ondo State to build his refinery all states refused and asked for huge some except Lekki Free trade zone

1st Dantata ..

was a peanut trader when peanut butter was hot cake around Europe in the 18th century

He supplied free peanut to British troupes during world war, and the British Royal family rewarded him

2nd Dantata was an industrialist, who had a bottling company producing their own brand of cola and soft drink

3rd Dantata was sole importer of Mercedes Benz


Dangote a Lagos Kano boy, was a commodity trader who took sugar, cement, flour from Lagos ports cheaply and sold it for a profit in the North

Dangote as a sharp guy started Nigeria's first Sugar , Salt, Flour production .. he bought cheap wheat , cheap sugar cane, he started making his own spaghetti and noddles from wheat

Again when Nigeria was exporting Cement, he got geologist to get him suitable land with lime stone, and got lands in Edo and Kogi which he approached Ministry of Mining for a lisence, paid for a lisence , built a cement plant and reduced prices of cement to enter the market




.

3 Likes

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:10am On May 22, 2023
Wagwanbrethren:
Lol. Una Sabi wail Sha!
Dangote is able to maintain a monopoly in Nigeria because of his business acumen, his ability to make the right connections, and his vast wealth.
Baba is a shrewd businessman who knows how to make a profit. He has a keen understanding of the Nigerian market and what it takes to be successful here. He also has the resources to compete with any other player in the market.

One of the reason he has been very successful is because of his ability in building relationships with key individuals in Nigeria. He has cultivated close ties with the government and with other powerful business leaders. This has given him a competitive edge and helped him to maintain his monopoly in the Nigerian market.

Also, Dangote is very wealthy. This gives him the resources to invest in new businesses, to expand his operations, and to compete with any other player in the market. He also has the ability to weather any economic downturns. This makes it very difficult for any other player to take market share away from him.
Simple Sense! 🤷‍♂️

How do you build a relationship with evil geniuses like the IBB's and Abacha's?

1 Like

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:17am On May 22, 2023
iammo:
cool



Nonsense write up....

1st Dantata ..

was a peanut trader when peanut butter was hot cake around Europe in the 18th century

He supplied free peanut to British troupes during world war, and the British Royal family rewarded him

2nd Dantata was an industrialist, who had a bottling company producing their own brand of cola and soft drink

3rd Dantata was sole importer of Mercedes Benz


Dangote a Lagos Kano boy, was a commodity trader who took sugar, cement, flour from Lagos ports cheaply and sold it for a profit in the North

Dangote as a sharp guy started Nigeria's first Sugar , Salt, Flour production .. he bought cheap wheat , cheap sugar cane, he started making his own spaghetti and noddles from wheat

Again when Nigeria was exporting Cement, he got geologist to get him suitable land with lime stone, and got lands in Edo and Kogi which he approached Ministry of Mining for a lisence, paid for a lisence




.

You forgot to mention the monopoly through import licences in the 80's and 90's before he established his manufacturing plants. How was he able to get import licences and monopoly from the IBB's and Abacha's and OBJ?
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:19am On May 22, 2023
swaggerjack:


You forgot to mention the monopoly through import licences in the 80's and 90's before he established his manufacturing plants. How was he able to get import licences and monopoly from the IBB's and Abacha's and OBJ?

There is nothing like import lisence as he was never an importer..

Dangote was a commodity trader and never an importer
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:22am On May 22, 2023
iammo:


There is nothing like import lisence as he was never an importer..

Dangote was a commodity trader and never an importer
So he was trading in Cement Sugar , Salt, Flour in the 80's and 90's when we did not have manufacturing capacity. Majority of our demand was imported and he was given the licence along with Dantata.

Can you point any manufacturing plant in the 80's and 90's that was producing cement, sugar, salt and flour for him to be a commodity trader?
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:23am On May 22, 2023
swaggerjack:

So he was trading in Cement Sugar , Salt, Flour in the 80's and 90's when we did not have manufacturing capacity. Majority of our demand was importated and he was given the licence along with Dantata.

No he was never given any import lisence and he was in Atlanta America with Davido's father in the 80s and early 90s hustling

His return was in late 90s and his business started from the loan he took from his uncle to trade...

Trade and not import
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:25am On May 22, 2023
iammo:


No he was never given any import lisence and he was in Atlanta America with Davido's father in the 80s and early 90s hustling
You mentioned he was a commodity trader. Then mention the manufacturing plants in the 80's and 90's he was getting cement, sugar and flour to trade with in the country.

This is far above your depth.

1 Like

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:29am On May 22, 2023
swaggerjack:

You mentioned he was a commodity trader. Then mention the manufacturing plants in the 80's and 90's he was getting cement, sugar and flour to trade with in the country.

This is far above your depth.

So a trader in industrial sugar that supplied Nigerian Bottling company Sugar must buy his sugar from a specific manufacturer?! Or he must be a sole Importer?!

That's you ignorance, as a trader and a supplier all Dangote did was get sugar from importers on credit, supply Nigeria Bottling company to make coke, he made his profit and paid his supplies in Lagos

1 Like

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:31am On May 22, 2023
iammo:


So a trader in industrial sugar that supplied Nigerian Bottling company Sugar must buy his sugar from a specific manufacturer?! Or he must be a sole Importer?!

That's you ignorance, as a trader and a supplier all Dangote did was get sugar from importers on credit, supply Nigeria Bottling company to make coke, he made his profit and paid his supplies in Lagos

He had the import licences why are you denying this fact. Danata and Dangote have always had import licences in the 80's and 90's from IBB and Abacha.

1 Like

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:37am On May 22, 2023
swaggerjack:


He had the import licences why are you denying this fact. Danata and Dangote have always had import licences in the 80's and 90's from IBB and Abacha.

Speak with proof

Valid proof

Dangote was in Atlanta all through Abacha and IBB he was even like an uncle to Davido growing up in Atlanta in the 90s,

Dangote's return same time with Otedola and Davido's father late 90s early 20s and supplied Coca-cola Sugar

Same Dangote that Yaradua refused to sell Nigerian refinery to even when he offered to refurbish it.. Yaradua who was loyal to IBB

He wanted Land in Ogun, Ondo and Delta for his refinery yet was refused until Lagos Free trade zone offered him, now you claim Government gave him monopoly


.
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by Sonyboom: 9:42am On May 22, 2023
Have you mention the manufacturing plant Peter Obi got Heinz n all other products he defraud n ruined the economy of Nigeria with ?


swaggerjack:

You mentioned he was a commodity trader. Then mention the manufacturing plants in the 80's and 90's he was getting cement, sugar and flour to trade with in the country.

This is far above your depth.

1 Like

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:44am On May 22, 2023
Sonyboom:
Hate will kill many of you igbos

The monopoly of license Dangote enjoyed how was it different from the substandard rubbish Obi Pandora brought to ruin Nigeria as sole distributors ?



Dangote had monopoly just like Peter Obi did? He had import licences for cement, flour,salt and sugar in the 80's and 90s before he established his manufacturing plants. How was he able to curry favour with the IBB's and Abacha's?

1 Like

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:44am On May 22, 2023
swaggerjack:


He had the import licences why are you denying this fact. Danata and Dangote have always had import licences in the 80's and 90's from IBB and Abacha.

Dangote is 66 in 2023

IBB ruled in 1985 to 1993

How will a 28 years old Dangote who just left University in Egypt become sole Importer of anything under IBB?!


.
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:45am On May 22, 2023
Sonyboom:
Have you mention the manufacturing plant Peter Obi got Heinz n all other products he defraud n ruined the economy of Nigeria with ?



Peter Obi is no saint and was mentioned in Pandora papers for having an account in British Virgin Island when he was governor through his daughtet name.
I am no supporter of any Nigerian politicians even though I think he is the best of the evils.

1 Like

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 9:47am On May 22, 2023
iammo:


Dangote is 66 in 2023

IBB ruled in 1985 to 1993

How will a 28 years old Dangote who just left University in Egypt become sole Importer of anything under IBB?!


.

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:49am On May 22, 2023
swaggerjack:
.,.

Is Buhari and Babangida the same or is Buhari same with Abacha

Why don't you expand the crop size and capture the date or publish the link if you are not clearly hiding anything
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 9:52am On May 22, 2023
swaggerjack:
...

https://gazettengr.com/buhari-regime-gives-sole-sugar-importation-licence-to-dangote-bua-golden/


Buhari clearly stated that only company with Sugar refinery shall access forex for sugar importation incase of production shortfall
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 10:01am On May 22, 2023

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 10:06am On May 22, 2023
swaggerjack:


https://www.forbes.com/sites/abrambrown/2015/03/04/the-little-known-15-billion-empire-of-africas-richest-man/?sh=4a7d53543dcb

He made an interview personally stating he is a trader

No where in the article called him a sole importer or a monopolist with import lisence
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 10:08am On May 22, 2023
iammo:


He made an interview personally stating he is a trader

No where in the article called him a sole importer or a monopolist with import lisence
Did you miss the part about exclusively had import rights. The import rights is granted by the Minister at civilian level and the supreme military council during the military administration.
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 10:12am On May 22, 2023
swaggerjack:

Did you miss the part about exclusively had import rights. The import rights is granted by the Minister at civilian level and the supreme military council during the military administration.

Like I said he was in US as Military rule

Go and watch his interview with Aisha of CNN
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 10:42am On May 22, 2023
iammo:


Like I said he was in US as Military rule

Go and watch his interview with Aisha of CNN
You make it look like he was in exile during military rule when Dangote and Abacha family used to hobnob with each other. Did being in US prevent him from having import licenses? This is above your depth.

Forbes already covered he got exclusive import licences from the military and civilian regime and that is what made him the richest man in the country that even Abacha widow said no matter how much money they recovered from Abacha she can never be as poor as Dangote.
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by Nice2023(m): 10:48am On May 22, 2023
iammo:
cool



Nonsense write up....

Dangote approached Nigerian Government to buy and refurbish our refinery, Yaradua refused

Dangote wanted Land in Ogun, Delta and Ondo State to build his refinery all states refused and asked for huge some except Lekki Free trade zone

1st Dantata ..

was a peanut trader when peanut butter was hot cake around Europe in the 18th century

He supplied free peanut to British troupes during world war, and the British Royal family rewarded him

2nd Dantata was an industrialist, who had a bottling company producing their own brand of cola and soft drink

3rd Dantata was sole importer of Mercedes Benz


Dangote a Lagos Kano boy, was a commodity trader who took sugar, cement, flour from Lagos ports cheaply and sold it for a profit in the North

Dangote as a sharp guy started Nigeria's first Sugar , Salt, Flour production .. he bought cheap wheat , cheap sugar cane, he started making his own spaghetti and noddles from wheat

Again when Nigeria was exporting Cement, he got geologist to get him suitable land with lime stone, and got lands in Edo and Kogi which he approached Ministry of Mining for a lisence, paid for a lisence , built a cement plant and reduced prices of cement to enter the market




.



Don't worry,when u grow up,u will know that the writer is not lying.

In one of the US reports I read concerning Dangote,I concluded that no young man can compete with Dangote in Nigeria because of the huge monopoly he enjoys in the country.

He increases prices of goods and services at will without anyone questioning him,he was one time accused by Samid for forcing him to increase the price of sugar during Ramadan.

Don't worry,time is the only revealer of things hidden.

Abiola was like that until,the power that be worked against him.
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by iammo(m): 10:50am On May 22, 2023
Nice2023:




Don't worry,when u grow up,u will know that the writer is not lying.

In one of the US reports I read concerning Dangote,I concluded that no young man can compete with Dangote in Nigeria because of the huge monopoly he enjoys in the country.

He increases prices of goods and services at will without anyone questioning him,he was one time accused by Samid for forcing him to increase the price of sugar during Ramadan.

Don't worry,time is the only revealer of things hidden.

Abiola was like that until,the power that be worked against him.

His market strategy is simply pricing
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by Nice2023(m): 10:51am On May 22, 2023
swaggerjack:


Peter Obi is no saint and was mentioned in Pandora papers for having an account in British Virgin Island when he was governor through his daughtet name.
I am no supporter of any Nigerian politicians even though I think he is the best of the evils.


Investing ur money in a tax haven is not a crime any where unless person fails to declare it in his asset declaration document/Oaths.
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by Sonyboom: 12:07pm On May 22, 2023
The ₦250 million the Obi Pandora criminal looted from Anambra coffers for solid 8 years nko that one no concern you out of bigotry hate n foolishness but a Tinubu who left governance over 10 years ago gives you concern when he ferries his personal money from bank to his home in bullion vans.

swaggerjack:


Peter Obi is no saint and was mentioned in Pandora papers for having an account in British Virgin Island when he was governor through his daughtet name.
I am no supporter of any Nigerian politicians even though I think he is the best of the evils.

2 Likes

Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 5:11pm On May 22, 2023
iammo:


His market strategy is simply pricing
You lack basic knowledge of economics.
Re: Forbes:Dangote Wealth From Import Rights Military & Civilian Regimes in 80s/90s by swaggerjack: 6:08pm On May 22, 2023
Sonyboom:
The ₦250 million the Obi Pandora criminal looted from Anambra coffers for solid 8 years nko that one no concern you out of bigotry hate n foolishness but a Tinubu who left governance over 10 years ago gives you concern when he ferries his personal money from bank to his home in bullion vans.


Peter Obi and Tinubu are birds of the same feather. However, Tinubu is one of the greediest men in the world.

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