Showing posts with label aliko dangote. Show all posts
Showing posts with label aliko dangote. Show all posts

Thursday, 19 July 2018

Dangote remains Africa’s richest man


The President of Dangote Group, Alhaji Aliko Dangote has retained his position as Africa’s richest man with a $12.4billion net worth. This was contained in a new report by Forbes on Monday. Also, listed by Forbes, is the Chairman of Conoil and Globacom, Chief Mike Adenuga, whose net worth is $4.4billion.

Wednesday, 28 February 2018

Aliko Dangote Tops Forbes List Of Top 10 Black Billionaires


Forbes has released it’stop 10 black billionaires and Nigeria’s Aliko Dangote, has snagged the first position. he also is the only Nigerian on the list.

Friday, 12 January 2018

Dangote is Africa’s richest for 7th year in a row


Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2billion, according to Forbes. This is an increase of $100 million from his worth last year.Dangote is the continental richest for the seventh year in a row. Other Nigerians on the African list are Globacom Chairman Mike Adenuga ($5.3 billion) adjudged the fifth richest in Africa and Mrs Folorunsho Alakija ($1.6 billion) rated the 15th richest in Africa.

Thursday, 24 August 2017

15,000 Jobs for Nigerians as Billionaire Mogul, Dangote Signs $450million Jumbo Sugar Production MoU

In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group, on Wednesday in Minna, Niger State, signed a Memorandum of Understanding (MoU) with the state government for the establishment of a jumbo $450million state-of–art and fully integrated sugar complex.
 
On completion, according to the President of the Group, Aliko Dangote, the project will generate over 15,000 jobs in the state and bring about a complete economic turn-around for the state.

Tuesday, 10 January 2017

Otedola & Rabiu drop from Forbes' list of billionaires as Aliko Dangote remains Richest Man in Africa

The Chairman of Dangote Group, Aliko Dangote has remained Africa’s richest person for the sixth year running with a $12.1 billion fortune, despite a nearly $5 billion drop in his net worth for the second year in a row.

Thursday, 22 September 2016

Aliko Dangote Reveals He Will Buy Arsenal in Four Years

 
It has been revealed that Aliko Dangote, Africa’s richest man, plans to buy London-based Arsenal soccer team within four years. He revealed this in an interview with Bloomberg. He said “There’s no doubt” he’ll buy Arsenal and “it’s not a problem” of money. “Maybe three to four years. The issue is that we have more challenging headwinds. I need to get those out the way first and start having tailwinds. Then I’ll focus on this.” he added.

Monday, 29 June 2015

Aliko Dangote says he does not own a house outside Nigeria


"Somebody asked me, how many houses do you have abroad? I said, well, to tell you the good news, I don’t even have a nine-inch block outside Nigeria, and that is the truth. I don’t have a house anywhere abroad.” - he told Senior Media executives during an interview session over the weekend...While Atiku's son reacts..see his post below

Thursday, 18 June 2015

"I Am Ready To Buy Arsenal At ‘Whatever Price’"-Dangote


I've been hearing this 'Dangote taking over Arsenal' gist for a while now. But i don't understand something...If he buys the club, does that mean he automatically becomes the coach of the club, or how does this work?...Btw why are they selling the club sef? I thought they were doing great on their own? Read how Vanguard is reporting the latest development below,

Friday, 15 May 2015

Check Out Billionaire Dangote When He Was Broke

Here's Aliko Dangote with Sunusi Dantata, Alhassan Dantata and Mallam Alin Kumasi, back in the day when things weren't that juicy. But all that is now history, today he is the main man running the show:

Tuesday, 5 May 2015

Aliko Dangote wants to buy Arsenal FC


The richest man in Africa, Aliko Dangote, has said he still wants to buy Arsenal despite failing in a 2010 bid to acquire a stake in the club.The businessman who is worth $15.7 billion according to the Bloomberg Billionaires Index revealed that he proposed to buy the club in 2010 before falling out with the officials. The Kano State born billionaire still hopes to own the club one day. He told Bloomber: “I still hope, one day at the right price, that I’ll buy the team. I might buy it, not at a ridiculous price but a price that the owners won’t want to resist. I know my strategy.

Thursday, 16 April 2015

Photos: Aliko Dangote's Daughter Graduates From Coventry University


Aliko Dangote’s daughter, Mariya Dantata is now a graduate. The pretty young lady graduated yesterday, 15th of April from Coventry University with a Master Degree. Her dad, siblings, close family and friends, including billionaire Femi Otedola were all there to celebrate her special day with her. We say big congrats to her. See another photo below.

Monday, 24 November 2014

Oyedepo, Dangote, Adenuga to pay N400 m luxury tax each for private jets


Bishop David Oyedepo, Alhaji Aliko Dangote and Dr. Mike Adenuga are among the top 10 wealthy Nigerians who will shell out hundreds of millions annually as luxury tax due to the imposition of a whooping $4,000 luxury tax by Aviation Ministry on private jet owners and operators per departure.

Monday, 8 September 2014

Ebola Update: Dangote Partners With Scientists To Provide Ebola Vaccine

According to reports, a British researcher has said that an Ebola vaccine might be available in December.
Dr. Mike Turner told the Punch that his organization, Wellcome Trust is partnering with the Dangote Foundation to develop ways to fight the disease.

Monday, 1 September 2014

Dangote Finally Set To Crash Price of Cement in Nigeria

Dangote Cement has assured Nigerians that the era of highly priced cement will soon be over as it has concluded plans to increase its production in all its three key plants in the country and also simplify its distribution network with the aim of crashing the price and making the products available to all Nigerians.  

Wednesday, 11 June 2014

PHOTO: Billionaire Dangote Pays Homage To Emir Sanusi


  The Emir of Kano, Sanusi Lamido Sanusi is staying at a wing of the Kano State government house so as to give the family of the late Emir, Ado Bayero, enough time to move out of the Palace which they occupied for the past 50 years and also have the palace renovated for the new Emir to move in.
Billionaire Aliko Dangote was among the first prominent men to pay homage to Emir Sanusi in Kano Buy Cheap Android Phones on Konga.com | Lowest Price in Nigeria
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Monday, 14 April 2014

Check Out The List Of TOP 21 Richest People In Nigeria


Over the years, Very few Nigerians have made the Forbes list of richest people in the world, reason been that Forbes estimates the wealth of individuals and rank them based on the value of shares they have in quoted companies (companies listed on the stock exchange). The few Nigerians in the list are Aliko Dangote, Mike Adenuga and Femi Otedola. And The list of top 21 Richest Nigerian billionaires has been based on:
The value of their shares held in quoted companies, the size and market share of their companies, the number of companies they own and its assumed value, the market value of their company’s brand and the impact of their companies on the Nigerian economy.
Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful entrepreneurs listed below held their ground and fought their way to the top. In a country with a population of over 160 million inhabitants and millions of businesses; these 20 entrepreneurs diligently carved their names in the sands of time.

Check out the list below...

1. Alhaji Aliko Dangote
– founder of Dangote Group, Richest man in Africa and Richest black man in the world
2. Mike Adenuga – Conoil, Equatorial Trust Bank, Globacom
3. Femi Otedola – ZENON Oil and Gas
4. Orji Uzor Kalu – Slok Group
5. Cosmos Maduka – Coscharis Group
6. Jimoh Ibrahim – Nicon Insurance, Global Flee
7. Jim Ovia – Zenith Bank, Visafone
8. Pascal Dozie – MTN Nigeria, Diamond Bank
9. Oba Otudeko – Honeywell Group Nigeria
10. Alhaji Sayyu Dantata – MRS Group
11. Umaru Abdul Mutallab – former Chairman First Bank Plc, Mutallab Group
12. Prince Samuel Adedoyin – Doyin Group
13. Dele Fajemirokun – Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards etc.
14. Chief Cletus Ibeto – Ibeto Group
15. Raymond Dokpesi – Daar Communication, AIT,
16. Tony Ezenna – Orange Group
17. Chief Molade Okoya Thomas – Chairman CFAO Nig and other six french companies
18. Ifeanyi Ubah – Capital oil and gas
19. Leo Stan Ekeh – Zinox Computer
20. Fola Adeola – GTBank
21. Chief Ade Ojo – Elizade Motors Nig LTD, Distributor of Toyota cars

Monday, 24 March 2014

The 10 Real Tips To Becoming A Rich Man Like Dangote



I was recently called to approve of a very handsome advertising offer from the D. Group in a magazine I edit. It was really good money. I told the online magazine to politely reject the offer. It will be better we stay broke and poor than partake in his filthy wealth and lose our principles and dignity, I told them.


On one condition can we accept to run his ads — if he promises to reduce the extortive price of cement for all Nigerians by just 20%, we will run his ads for free for him for one whole year.
Nigerians have a problem. We praise and appraise anyone with wealth without realizing and questioning the source of their wealth...whether or not it is from our inheritance and stolen from our suffering and dying parents. This sycophancy and celeb-worship renders us — as a society — hopeless, worthless, denuded and condemned to a second-class life of misery, begging and poverty.
To explain my position, I here present the 10 secrets to being a successful Dangote, the true edition:

...The problems Nigeria faces today with the oligopolistic cabal were faced by the United States earlier in its history with the Robber barons and the rise and wars of the labour unions. One only hopes and prays that Nigerians wake-up now, and Nigeria will not be saved from its Robber barons by a tortuous and arduous, bloody and luck-dependent process as happened in the United States. If you know our government is evil, what do you call the cabal—who literally own the evil government and work behind the scenes to ensure the government protects their interests and their ventures to our permanent detriment? These same cabal were behind our worst dictators and again selected, sponsored and have been behind our terrible politician regimes including this one...

1. Get a powerful government friend, preferably the President. Aliko Dangote got Obasanjo. Not his second term but since his first term at the head of the government. It was during Obasanjo’s military rule in the 70’s that their partnership was kindred and Obasanjo first gave Dangote sole-importation rights.

2. Ask your government friend to give you sole importation or manufacture rights. Dangote first got this through Obasanjo in the seventies. Choose an essential commodity, not a luxury. Choose food, cement, roads, cars, mobile phones/internet, anything Nigerians cannot do without so the government can impose your monopoly on the people and they will have no choice. A dollar-a-head multiplied by 168 million Nigerians. Voila! World billionaire!!!

3. Ask your government friend to also give you zero-barest minimum import tariffs on all equipment and materials you wish to import. Dangote practically owns his own ports.

4. Next, get your government friend to promote and secure your company to be the only ‘business’ allowed to manufacture and sell whatever product you are engaged in. Cement, rice, etc. Dangote according to reports admitted that the Nigerian government once got him to import so much rice, it crashed the local market. Do this and you are on your way to your first billion.

5. Secure your position by sponsoring and collaborating with all governments, military or civilian. When it comes to politics and political parties, as Dangote does, sponsor both sides, whoever will take your dirty money; so whoever wins, your oligopoly is secured.

6. Privatization: Buy state assets at a fraction of the price from your government friends, who are by now secret investors and share-holders in your business. Have the government refurbish these assets for trillions and sell them to you for one-tenth of the price.

7. Kill Competition: Now that you have benefited immensely from the generosity of the government and nation, have the government permanently ban all competition. For instance, ensure that there is now a very high tariff on the import of cement so no one can compete with your monopoly.

8. Be ready to blackmail. Anytime a competitor successfully imports even a single bag of cement, close a small branch of your company and announce in the papers that 1000 workers were laid off/sent to rest because the import of that bag of cement 'crashed prices' and so there will be an unemployment crises. Dangote loves this one. Anytime Yar’Adua or other President pushed him to reduce his exorbitant prices that defied the laws of supply and demand, he quickly temporarily shuts a plant down to blackmail the president with the fictitious unemployment crises.

9. Set your prices triple the price for that commodity before you got involved and triple the global average price. For instance, sell your cement at $12/bag when everywhere in the world it sells for $4-5/bag. Even imported cement sells for $4-5/bag in Nigeria. But since your monopoly is protected by your politician friends in power, you are free to set your prices as you like to crush and deplete the masses of their money while declaring double quarterly profits for your government and foreign share-holders…as Dangote always does. People will believe it is the cost of doing business in Nigeria. Fool them, though you know that every other businessman who likewise does business in Nigeria, competes with global costs, keep declaring your double profits, enjoying cheap labor, free land and no tariffs. Get rich by making your countrymen poor.

10. Keep it running: Stay out of direct politics; do not make the mistake of Abiola. Stay on the sidelines, be the one to choose and sponsor candidates into the parties; publicize yourself as a charitable employer of labor. Keep sponsoring political candidates with back-door deals for them to handover the nation's oil wells, resources, land and the people's pockets to you. Help politicians invest and launder their money.

Two Islamic hadiths that Dangote wannabes can relate to:

Abu Huraira narrated that the Prophet said: A time will come upon the people when one will not care how one gains one's money, legally or illegally. (Bukhari)

It is reported by Jabir that the Prophet said: The flesh and body that is raised on unlawful sustenance shall not enter Paradise. Hell is more deserving to the flesh that grows on one's body out of unlawful sustenance. (Ahmad).

The Dangote business model some are understudying can never make a penny outside Africa. Check his money making ventures—all are local. In America it takes ingenious thinking, brilliant ideas, discipline and skills to become a renowned millionaire. In Nigeria it takes shrewdness, dirty bloody money and corrupt connections.

Unfortunately for those who have been reading the recent out-pour of press by Dangote, supposedly teaching them how to be successful entrepreneurs: know now that your ‘teacher’ is your worst enemy. Dangote will block you from establishing any business in Nigeria. We all will ultimately soon be his glorified slaves (employees) until and unless a true Nigerian civilian or soldier leader breaks the cabal monopoly. Our current administration as with those in our past, is more evil than is easily seen. We do not notice and there is little press when they lock us in binds to be openly robbed and extorted by the cabal. The government never supports healthy, necessary competition to protect the interests and prosperity of the masses; and the cabal are so heartless they will usurp every advantage given by the desperate and insensitive politicians they bought into office.

Till we are delivered or deliver ourselves from the claws of these government-partner monsters, we must all say no to the cabal. We must avoid their goods as much as we can and patronize competitors even if their prices are a bit higher. It will pay in the long run if we do so. A little hunger today will secure food for our children tomorrow. This is our only chance.

by Dr. Peregrino Brimah
http://ENDS.ng [Every Nigerian Do Something]
Email: drbrimah@ends.ng Twitter: @EveryNigerian
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