In a December 1996 interview, Aliko Dangote admitted that a government mandate
once forced him to import so much rice that the local market crashed by almost
80 percent. [2] -USA Cables
The Dangote paradigm demonstrates how easily one powerful person can disrupt Nigeria's floundering
democratic and economic liberalization processes. -USA Cables Along with outright money laundering and corruption, the Dangote paradigm is arguably one of the key factors making Nigeria a politically and economically volatile country and a risky place to do business. -USA Cables Aliyu Mohammed (Gusau) said that Dangote and the other "Transcorp boys" seek a Yar'Adua presidency to facilitate
The Dangote paradigm demonstrates how easily one powerful person can disrupt Nigeria's floundering
democratic and economic liberalization processes. -USA Cables Along with outright money laundering and corruption, the Dangote paradigm is arguably one of the key factors making Nigeria a politically and economically volatile country and a risky place to do business. -USA Cables Aliyu Mohammed (Gusau) said that Dangote and the other "Transcorp boys" seek a Yar'Adua presidency to facilitate
their gaining control over most of Nigeria's oil and gas production. -USA Cables c/o Wikileaks
Oct. 5, 2013 *Note- Article being revised with new information we are reviewing NewsRescue- Our
recent articles, Dangote Refinery: Nigerians Will Pay Double For Petroleum and Paying Double The World Price: Dangote Cements Nigerians In Poverty have sensitized many Nigerians and stirred up much discourse and reaction including a defense from a "Dangote company Treasurer."
In these articles, we described the "Dangote Business model" and informed Nigerians on how Dangote, and a hand-full of Nigerian cabal, set-up and control the Nigerian administration and together, cement the masses in permanent poverty. Dangote, the world's 40th richest man has been described by the US according to wikileaks reports as operating a "Beggar-thy-countrymen" ie- get rich by turning Nigerians into beggars, business model. Via government enforced advantages and monopolies and the destruction of all competition by his government stooges, the greatest benefactor of Nigeria's corrupt
governments over the years, Aliku Dangote, the embodiment
of corruption itself, establishes himself in unimaginable
wealth, and then buys press to placate the masses by
making them believe that a few 'slave-labor' employments
and charities define him as different, patriotic and
benevolent. Contrary to popular narration, Dangote did not
invest in Nigeria, Dangote uses Nigeria. Nigeria's
governments deposited the nations resource in Dangote.
In order to appreciate the nations predicament, we are
fortunate to have the Wikileaks US cables, courtesy of
Julian Assange, to digest the US account of his history,
which includes his "admission" of crashing local market of
rice due to excessive importation mandated by Nigerian
government's exclusive rights:
The "Miracle" Of Dangote's Rags To Riches History
According to The US Cables
Wikileaks: Jullian Assange
Wikileaks: Jullian Assange
——————————————— ——–
FROM TRADING TO MANUFACTURING — THE DANGOTE
AND GON (Government Of Nigeria)
SHARED DREAM
Classified By: Consul General Brian Browne
——————————————— ——–
¶7. (C) Dangote's shift toward manufacturing accords with the GON's nationalistic economic policies, which place a premium on domestic manufacturing and production. What we don't know is whether Dangote and others like him helped drive the policy or whether their actions were driven by the government policy. Reality is probably a mixture of both.
¶8. (C) In part, because of this shared dream, the
Government has been very supportive of Dangote. We know
the company at one time or another held exclusive import
rights in sugar, cement, and rice using such advantages to
do volume business and undercut competitors. In a
December 1996 interview, Aliko Dangote admitted that a
government mandate once forced him to import so much
rice that the local market crashed by almost 80 percent. [2]
The direction of GON trade barriers also suggests
preferential treatment. High tariffs or outright bans on
imported items favor the Group in nearly all areas in which
they do business including wheat flour, cement, certain
textiles, sugar and pasta.
¶9. (C) Further, the GON is normally slow in privatizing
state-owned production facilities. Yet the Dangote Group
swiftly won bids on GON-owned manufacturing
installations such as the Benue Cement Company and the
Savannah Sugar Company, and constructed its own berth at
GON-owned Apapa port in Lagos where ships with
production inputs offload directly at the Dangote Group
factory.
———————————————
Early and Easy Access to Political Favoritism
———————————————
¶10. (U) Dangote is revered for his assumed rise from rags
to riches but his family connections reveal a privileged
beginning. Dangote is from the prominent Dantata family of
Kano State. The Dantata family made its name and wealth
in commodity trading. When in his early twenties Dangote
showed promise as a young businessperson, his uncle
Sanusi Dantata loaned him naira 500,000 (at the time worth
USD 500,000) to start out on his own.
¶11. (C) 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. Though he has connections with
political figures throughout the country, his link to Obasanjo
(OBJ) paid off when OBJ was elected president in 1999.
Since then, Dangote's market advantages and growth have
multiplied.
¶12. (C) Dangote purportedly contributed 200 million naira
(about $1.5 million at the time) to Obasanjo's first election
campaign, and in 2003 at least another one billion naira
(about USD 7.5 million) for the second term. Dangote is a
known contributor to the PDP party. He is a close friend
with the governors of Kwara, Kogi, and Ogun states. He also
enjoys support from the Sokoto Caliphate, the spiritual and
political seat of power of Muslims and members of the
Hausa tribe.
——————————————— ———–
Nigeria's Dangote Paradigm Stands in the Way of Economic
Liberalization and Democracy
——————————————— ———–
¶13. (C) The special relationship Dangote holds with the
GON defines the Dangote paradigm. The paradigm
demonstrates how easily one powerful person can disrupt
Nigeria's floundering democratic and economic
liberalization processes. Along with outright money
laundering and corruption, the Dangote paradigm is
arguably one of the key factors making Nigeria a politically
and economically volatile country and a risky place to do
business.
¶14. (C) Dangote openly asserts the GON should do more to
manage the economy through protectionist measures to
assist what he calls the "Nigerian Industrial Renaissance."
He has no qualms about "alerting the government" or
"giving direction" in industrial policymaking. Dangote and
some members of the GON justify this protectionism with
examples such as US corporate and railroad barons and the
gilded era of the late 1800s. This, they say, is the way to lay
the foundation for economic growth, particularly in the
manufacturing and industrial sectors. However, these
alleged historic parallels do not mask the fact that the
chummy relationship between Dangote and the GON, while
superficially promoting manufacturing in some sectors, is
causing destructive and derailing economic activity and
democracy in other areas.
——-
Comment
——-
Consul Brian Browne
Consul Brian Browne
¶16. (C) Dangote's tremendous popularity and acceptance
is not likely to diminish. The average Nigerian considers
him, and more importantly, his way of doing business, a
model to be emulated. The fact is, however, the myriad
preferences the GON has bestowed on the Dangote Group
have distorted the market in ways that do more harm than
good over the long haul. However, the Nigerian Government
rarely takes a long-term perspective into account. The
GON-Dangote relationship has been, at minimal, very
chummy and mutually accommodating. Critics of this
relationship would state that it smacks of insider trading.
Dangote does not epitomize the free market at work in
Nigeria.What his story reveals is that he is one of the few
free-wheeling actors in a relatively and artificially closed
economic environment.
To Be A Dangote
The undue and corrupt mutually beneficial advantage given
by all Nigeria's administrations, both military and civilian
are the "secret" to Dangote's success. Dangote kills
Nigerians with economic terrorism. Fixing Nigeria starts
with holding him and those who have impoverished the
nation to his and their advantage to account. Since the 70′s
Dangote has enjoyed sole importation and manufacture
privileges that have killed and crippled all Nigeria's
indigenous industries including farming.
A blogger in 2003 expressed on the NigeriaVillageSquare:
"Aliko Dangote, at the age of 21 in 1977 was given virtually
the same privileges he's got today by the military
government of you guess who, Obasanjo. Here was a boy,
who knew nothing about business and with no formal
education, purportedly understudying his uncle, Sanusi
Dantata, given the exclusive right to import cement into the
country on behalf of a government involved in a spate of
capital projects in those days, made possible by
petrodollar. Now, does it need a genius to note that anyone
given such a privilege would become an instant billionaire?"
The partnership between Dangote and Obasanjo is "occult."
The Cabal: Dangote And Obasanjo
The Cabal: Dangote And Obasanjo; the two men own over
half of Nigeria by their private and government corrupt
collaboration
Again The Cabal, Dangote and a Nigerian we have analysed
to be the chief terror mastermind, Aliyu Gusau, ensured they
returned Obasanjo to power in 1999 to satisfy their personal
interests. Gusau believed Obasanjo will handover the
country to him at the end of his tenures, as he illustrated in
his constant whining to the US diplomats, and Dangote
sponsored the bid with the assurance of usurping the entire
wealth of the nation. See: Nigeria's Terror: Between Die-to-
rule spymaster Gusau and Beggar-thy-countrymen Dangote
Related: NewsRescue- General Aliyu Mohammed "Die-to-
rule" Gusau Exposed As Top Boko Haram Sponsor
Of installing Obasanjo and later on, the Yar'Adua
administration, wikileaks reported the US as describing:
Dangote and Transcorp Buys the Presidency – Cables
Dangote and OBJ Impose A Dying Yar'Adua And Jonathan
on Nigeria
Dangote and OBJ Plant Dying Yar'Adua And Jonathan on
Nigeria
¶4.(S) Aliyu Mohammed, saying he was quoting Yar'Adua
directly, said that Obasanjo
had "ordered" the Katsina governor to contest for the
Presidency. When Yar'Adua
objected that the state of his health precluded it, Obasanjo
countered that "God
will cure you," and undertook to cover all medical
expenses. When Yar'Adua said
he had no money, Obasanjo organized financial angels, all
associated with Transcorp
and led by Northern millionaire Alhaji Aliko Dangote. This
group is supplying the
Yar'Adua campaign with 45 jeeps (of which four are
armored), a war chest of
5 billion naira, and a rented jet. (Aliyu Mohammed said that
Dangote and the other
"Transcorp boys" seek a Yar'Adua presidency to facilitate
their gaining control
over most of Nigeria's oil and gas production.) Andy Uba,
recently selected as
PDP gubernatorial candidate for Anambra state, has been a
"special assistant" to
President Obasanjo; he has no independent power base of
his own, and is
widely disliked because of his arrogance. Aliyu Mohammed
went on to say that
the President had ordered the arrest of the chief of staff to
Rivers State
Governor Peter Odili to warn the latter away from seeking
the vice presidential
nomination himself.
7 years! The Ridiculous Cement Concessions By Obasanjo
And the Resulting Exploitation of Nigerians
7 years is a Biblical term during which debts can be
expunged, it is also the time limit for yet to be convicted
crimes to be expunged in the US. 7 years is time enough to
make or destroy a man or a nation. It is this length of time
that the Obasanjo presidency gave Dangote to destroy all
other cement companies in Nigeria and establish himself as
Nigeria's sole cement manufacturer.
The Guardian on 4/24/03 writes :
Dangote gets concessions for cement production
From Madu Onuorah, Abuja
THE Federal Government yesterday rolled out several
incentives to an indigenous conglomerate, the Dangote
Group, in its efforts to encourage Nigerians to invest locally.
The business concession is to enable the company
actualise an $850 million
project involving the establishment of cement production
plants in three locations in Nigeria.
Minister of Transport, Chief Ojo Maduekwe, announced after
the Federal Executive Council (FEC) meeting in Abuja,
yesterday that the incentives included the granting of
pioneer status to the company in the area of cement
production for seven years.
This means that within the period, no new cement plant will
be established in the country. Other incentives include the
granting of 2.5 per cent duty on all plants, machinery and
quarry equipment, exemption from payment of the Value
Added Tax (VAT) on all plant, machinery and quarry
equipment and the payment of only five per cent duty on
construction materials not available within the country.
In its request to the council for establishment of the plants
in Ogun, Kogi and Cross River states, the Dangote Group
requested from the Federal Government the following
investment palliatives;
pioneer status for 10 years; exemption of payment of duties
on all plant, machinery and quarry equipment;
exemption of payment of VAT on all plant, machinery and
quarry equipment; exemption of payment of duties on
construction materials not locally available; massive road
construction at sites of the plant by the Federal Government,
and; permission to import five million metric tonnes of bulk
cement at a maximum rate of five per cent duties.
The three plants located in Ibesha, Obagana and Odukpani,
are expected to produce 4.3 million metric tonnes of cement
yearly by the year 2005.
Maduekwe explained, "we are doing this to serve notice that
this government is willing to support companies which are
willing to vote (for the country) with their cheque books.
They need to put their money in their country. This is a
government that is encouraging the business class. We are
ready to do it for other companies as we did to Dangote".
The result of this undue and criminal advantage, was
Dangote who had by then first bought cement companies in
neighboring African countries, imported bulk cement into
Nigeria with his 5% maximum duties and sold this cement at
ridiculous prices to crumble and destroy all his competition.
The government of Obasanjo also ensured he and he alone
bought all available cement plants.
Kenn commented in 2003:
Did you know that Iyorchia Ayu lost his job as Minister of
Industries for insisting that a more competent and qualified
bidder takes over Benue Cement?
AllAfrica: Making the denial in an exclusive interview with
THISDAY in Abuja at the weekend, Dr. Ayu said that rather,
Dangote's involvement in the purchase of BCC as core
investor was political and not based on pure business
interest.
I'm sure you're aware that Dangote is the spirit behind the
so-called "Corporate Nigeria" raising billions of naira for
Obasanjo's re-election. I'm sure you're also aware that he
was "the young Kano businessman" that parachuted the
intimidating tonnes of Ghana-Must-Go into the PDP
convention ground. He's also rumoured to have backed all
the PDP governorship aspirants in the South-West,
including Bukola Saraki in Kwara. This is quite apart from
the claim that he's the linchpin of Babangida's 2007 project
– his specific brief being to create and facilitate support in
the South-West for the Evil Genius. And, isn't it
conveniently coincidental that he's getting this immediately
after the Presidential elections? And, by the way, how does
"permission to import five million metric tonnes of bulk
cement at a maximum rate of five percent duties" (note that
no one is taking minimum) help in the indigenous
¶9. (C) Further, the GON is normally slow in privatizing
state-owned production facilities. Yet the Dangote Group
swiftly won bids on GON-owned manufacturing
installations such as the Benue Cement Company and the
Savannah Sugar Company, and constructed its own berth at
GON-owned Apapa port in Lagos where ships with
production inputs offload directly at the Dangote Group
factory.
———————————————
Early and Easy Access to Political Favoritism
———————————————
¶10. (U) Dangote is revered for his assumed rise from rags
to riches but his family connections reveal a privileged
beginning. Dangote is from the prominent Dantata family of
Kano State. The Dantata family made its name and wealth
in commodity trading. When in his early twenties Dangote
showed promise as a young businessperson, his uncle
Sanusi Dantata loaned him naira 500,000 (at the time worth
USD 500,000) to start out on his own.
¶11. (C) 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. Though he has connections with
political figures throughout the country, his link to Obasanjo
(OBJ) paid off when OBJ was elected president in 1999.
Since then, Dangote's market advantages and growth have
multiplied.
¶12. (C) Dangote purportedly contributed 200 million naira
(about $1.5 million at the time) to Obasanjo's first election
campaign, and in 2003 at least another one billion naira
(about USD 7.5 million) for the second term. Dangote is a
known contributor to the PDP party. He is a close friend
with the governors of Kwara, Kogi, and Ogun states. He also
enjoys support from the Sokoto Caliphate, the spiritual and
political seat of power of Muslims and members of the
Hausa tribe.
——————————————— ———–
Nigeria's Dangote Paradigm Stands in the Way of Economic
Liberalization and Democracy
——————————————— ———–
¶13. (C) The special relationship Dangote holds with the
GON defines the Dangote paradigm. The paradigm
demonstrates how easily one powerful person can disrupt
Nigeria's floundering democratic and economic
liberalization processes. Along with outright money
laundering and corruption, the Dangote paradigm is
arguably one of the key factors making Nigeria a politically
and economically volatile country and a risky place to do
business.
¶14. (C) Dangote openly asserts the GON should do more to
manage the economy through protectionist measures to
assist what he calls the "Nigerian Industrial Renaissance."
He has no qualms about "alerting the government" or
"giving direction" in industrial policymaking. Dangote and
some members of the GON justify this protectionism with
examples such as US corporate and railroad barons and the
gilded era of the late 1800s. This, they say, is the way to lay
the foundation for economic growth, particularly in the
manufacturing and industrial sectors. However, these
alleged historic parallels do not mask the fact that the
chummy relationship between Dangote and the GON, while
superficially promoting manufacturing in some sectors, is
causing destructive and derailing economic activity and
democracy in other areas.
——-
Comment
——-
Consul Brian Browne
Consul Brian Browne
¶16. (C) Dangote's tremendous popularity and acceptance
is not likely to diminish. The average Nigerian considers
him, and more importantly, his way of doing business, a
model to be emulated. The fact is, however, the myriad
preferences the GON has bestowed on the Dangote Group
have distorted the market in ways that do more harm than
good over the long haul. However, the Nigerian Government
rarely takes a long-term perspective into account. The
GON-Dangote relationship has been, at minimal, very
chummy and mutually accommodating. Critics of this
relationship would state that it smacks of insider trading.
Dangote does not epitomize the free market at work in
Nigeria.What his story reveals is that he is one of the few
free-wheeling actors in a relatively and artificially closed
economic environment.
To Be A Dangote
The undue and corrupt mutually beneficial advantage given
by all Nigeria's administrations, both military and civilian
are the "secret" to Dangote's success. Dangote kills
Nigerians with economic terrorism. Fixing Nigeria starts
with holding him and those who have impoverished the
nation to his and their advantage to account. Since the 70′s
Dangote has enjoyed sole importation and manufacture
privileges that have killed and crippled all Nigeria's
indigenous industries including farming.
A blogger in 2003 expressed on the NigeriaVillageSquare:
"Aliko Dangote, at the age of 21 in 1977 was given virtually
the same privileges he's got today by the military
government of you guess who, Obasanjo. Here was a boy,
who knew nothing about business and with no formal
education, purportedly understudying his uncle, Sanusi
Dantata, given the exclusive right to import cement into the
country on behalf of a government involved in a spate of
capital projects in those days, made possible by
petrodollar. Now, does it need a genius to note that anyone
given such a privilege would become an instant billionaire?"
The partnership between Dangote and Obasanjo is "occult."
The Cabal: Dangote And Obasanjo
The Cabal: Dangote And Obasanjo; the two men own over
half of Nigeria by their private and government corrupt
collaboration
Again The Cabal, Dangote and a Nigerian we have analysed
to be the chief terror mastermind, Aliyu Gusau, ensured they
returned Obasanjo to power in 1999 to satisfy their personal
interests. Gusau believed Obasanjo will handover the
country to him at the end of his tenures, as he illustrated in
his constant whining to the US diplomats, and Dangote
sponsored the bid with the assurance of usurping the entire
wealth of the nation. See: Nigeria's Terror: Between Die-to-
rule spymaster Gusau and Beggar-thy-countrymen Dangote
Related: NewsRescue- General Aliyu Mohammed "Die-to-
rule" Gusau Exposed As Top Boko Haram Sponsor
Of installing Obasanjo and later on, the Yar'Adua
administration, wikileaks reported the US as describing:
Dangote and Transcorp Buys the Presidency – Cables
Dangote and OBJ Impose A Dying Yar'Adua And Jonathan
on Nigeria
Dangote and OBJ Plant Dying Yar'Adua And Jonathan on
Nigeria
¶4.(S) Aliyu Mohammed, saying he was quoting Yar'Adua
directly, said that Obasanjo
had "ordered" the Katsina governor to contest for the
Presidency. When Yar'Adua
objected that the state of his health precluded it, Obasanjo
countered that "God
will cure you," and undertook to cover all medical
expenses. When Yar'Adua said
he had no money, Obasanjo organized financial angels, all
associated with Transcorp
and led by Northern millionaire Alhaji Aliko Dangote. This
group is supplying the
Yar'Adua campaign with 45 jeeps (of which four are
armored), a war chest of
5 billion naira, and a rented jet. (Aliyu Mohammed said that
Dangote and the other
"Transcorp boys" seek a Yar'Adua presidency to facilitate
their gaining control
over most of Nigeria's oil and gas production.) Andy Uba,
recently selected as
PDP gubernatorial candidate for Anambra state, has been a
"special assistant" to
President Obasanjo; he has no independent power base of
his own, and is
widely disliked because of his arrogance. Aliyu Mohammed
went on to say that
the President had ordered the arrest of the chief of staff to
Rivers State
Governor Peter Odili to warn the latter away from seeking
the vice presidential
nomination himself.
7 years! The Ridiculous Cement Concessions By Obasanjo
And the Resulting Exploitation of Nigerians
7 years is a Biblical term during which debts can be
expunged, it is also the time limit for yet to be convicted
crimes to be expunged in the US. 7 years is time enough to
make or destroy a man or a nation. It is this length of time
that the Obasanjo presidency gave Dangote to destroy all
other cement companies in Nigeria and establish himself as
Nigeria's sole cement manufacturer.
The Guardian on 4/24/03 writes :
Dangote gets concessions for cement production
From Madu Onuorah, Abuja
THE Federal Government yesterday rolled out several
incentives to an indigenous conglomerate, the Dangote
Group, in its efforts to encourage Nigerians to invest locally.
The business concession is to enable the company
actualise an $850 million
project involving the establishment of cement production
plants in three locations in Nigeria.
Minister of Transport, Chief Ojo Maduekwe, announced after
the Federal Executive Council (FEC) meeting in Abuja,
yesterday that the incentives included the granting of
pioneer status to the company in the area of cement
production for seven years.
This means that within the period, no new cement plant will
be established in the country. Other incentives include the
granting of 2.5 per cent duty on all plants, machinery and
quarry equipment, exemption from payment of the Value
Added Tax (VAT) on all plant, machinery and quarry
equipment and the payment of only five per cent duty on
construction materials not available within the country.
In its request to the council for establishment of the plants
in Ogun, Kogi and Cross River states, the Dangote Group
requested from the Federal Government the following
investment palliatives;
pioneer status for 10 years; exemption of payment of duties
on all plant, machinery and quarry equipment;
exemption of payment of VAT on all plant, machinery and
quarry equipment; exemption of payment of duties on
construction materials not locally available; massive road
construction at sites of the plant by the Federal Government,
and; permission to import five million metric tonnes of bulk
cement at a maximum rate of five per cent duties.
The three plants located in Ibesha, Obagana and Odukpani,
are expected to produce 4.3 million metric tonnes of cement
yearly by the year 2005.
Maduekwe explained, "we are doing this to serve notice that
this government is willing to support companies which are
willing to vote (for the country) with their cheque books.
They need to put their money in their country. This is a
government that is encouraging the business class. We are
ready to do it for other companies as we did to Dangote".
The result of this undue and criminal advantage, was
Dangote who had by then first bought cement companies in
neighboring African countries, imported bulk cement into
Nigeria with his 5% maximum duties and sold this cement at
ridiculous prices to crumble and destroy all his competition.
The government of Obasanjo also ensured he and he alone
bought all available cement plants.
Kenn commented in 2003:
Did you know that Iyorchia Ayu lost his job as Minister of
Industries for insisting that a more competent and qualified
bidder takes over Benue Cement?
AllAfrica: Making the denial in an exclusive interview with
THISDAY in Abuja at the weekend, Dr. Ayu said that rather,
Dangote's involvement in the purchase of BCC as core
investor was political and not based on pure business
interest.
I'm sure you're aware that Dangote is the spirit behind the
so-called "Corporate Nigeria" raising billions of naira for
Obasanjo's re-election. I'm sure you're also aware that he
was "the young Kano businessman" that parachuted the
intimidating tonnes of Ghana-Must-Go into the PDP
convention ground. He's also rumoured to have backed all
the PDP governorship aspirants in the South-West,
including Bukola Saraki in Kwara. This is quite apart from
the claim that he's the linchpin of Babangida's 2007 project
– his specific brief being to create and facilitate support in
the South-West for the Evil Genius. And, isn't it
conveniently coincidental that he's getting this immediately
after the Presidential elections? And, by the way, how does
"permission to import five million metric tonnes of bulk
cement at a maximum rate of five percent duties" (note that
no one is taking minimum) help in the indigenous
production of cement, even as we all know that the raw
material abounds in our country?
There's nothing wrong with national governments
supporting indigenous private enterprise in order to improve
competitive advantage, but check all the relevant and
successful examples, from South Korea to Japan or China
and one thing you see is that they're usually directed at a
group/industry; it's never done for the benefit of a single
individual. What is being done with Dangote in the name of
promoting indigenous business is simply crass favouritism.
To put it bluntly, he's a front for those who're using their
political power to provide him these privileges. It is
criminal, to say the least.
Dangote Repays Nigeria For Our Generosity By Then Selling
Cement To Masses At Triple Global Price
The most important problem with all this is the result. If
Dangote was appreciative and fearful enough of the sacrifice
Nigeria, Nigerian businesses and the Nigerian government
had given him, he would sell his cement, now that he has
established himself as the top producer, at costs that are
considerate. Not, Aliku Beggar-they-countrymen Dangote.
Dangote rather ensured that he, supplying up to 90% of
Nigeria's cement, forced the price per bag up to N2900,
about $17/bag. This is over three times the global average
for the product.
Dying Yar'Adua tried to no avail to beg the evil Don
Dangote to cut prices of cement down to N1000 per bag to
allow growth. Dangote blackmailed Yar'Adua according to
this report:
Back-off Cement or face the Consequences, Dangote tells
Yar'Adua
A fresh offensive to bring down the price of cement has
already hit a snag as the powerful cement cartel led by
billionaire business magnate, Alhaji Aliko Dangote are
digging trenches ahead of what promises to be an imminent
showdown with President Umaru Musa Yar'Adua over a
planned move to grant more cement import licenses to
importers outside the main industry cartel.
Late Yar'Adua
Late Yar'Adua Tried
Sources at the Presidency told Huhuonline.com that
whereas President Yar'adua wants to force down the price
of cement to at least N1000 per bag, Dangote remains hell-
bent on keeping the price at its current average level of
N2000 per bag, in order to continue reaping the
astronomical profits he has been earning because of his
oligopolistic status within the sector.
material abounds in our country?
There's nothing wrong with national governments
supporting indigenous private enterprise in order to improve
competitive advantage, but check all the relevant and
successful examples, from South Korea to Japan or China
and one thing you see is that they're usually directed at a
group/industry; it's never done for the benefit of a single
individual. What is being done with Dangote in the name of
promoting indigenous business is simply crass favouritism.
To put it bluntly, he's a front for those who're using their
political power to provide him these privileges. It is
criminal, to say the least.
Dangote Repays Nigeria For Our Generosity By Then Selling
Cement To Masses At Triple Global Price
The most important problem with all this is the result. If
Dangote was appreciative and fearful enough of the sacrifice
Nigeria, Nigerian businesses and the Nigerian government
had given him, he would sell his cement, now that he has
established himself as the top producer, at costs that are
considerate. Not, Aliku Beggar-they-countrymen Dangote.
Dangote rather ensured that he, supplying up to 90% of
Nigeria's cement, forced the price per bag up to N2900,
about $17/bag. This is over three times the global average
for the product.
Dying Yar'Adua tried to no avail to beg the evil Don
Dangote to cut prices of cement down to N1000 per bag to
allow growth. Dangote blackmailed Yar'Adua according to
this report:
Back-off Cement or face the Consequences, Dangote tells
Yar'Adua
A fresh offensive to bring down the price of cement has
already hit a snag as the powerful cement cartel led by
billionaire business magnate, Alhaji Aliko Dangote are
digging trenches ahead of what promises to be an imminent
showdown with President Umaru Musa Yar'Adua over a
planned move to grant more cement import licenses to
importers outside the main industry cartel.
Late Yar'Adua
Late Yar'Adua Tried
Sources at the Presidency told Huhuonline.com that
whereas President Yar'adua wants to force down the price
of cement to at least N1000 per bag, Dangote remains hell-
bent on keeping the price at its current average level of
N2000 per bag, in order to continue reaping the
astronomical profits he has been earning because of his
oligopolistic status within the sector.
"If the government grants licenses to people to import
cement, we'll close down our factories and lay-off workers;
and when that happens, the domestic production capacity
will reduce drastically; supply will still not match demand
and the prices will even sky-rocket further. My advice is
that the president should back-off the cement industry or
face the consequences", Dangote was quoted as warning
Yar'adua by an industry source who elected anonymity…..
"It is amazing how a shriveled conscience like Dangote can
be allowed to inflict so much pain on other Nigerians," the
source told Huhuonline.com, adding: "President Yar'Adua is
greatly concerned that the cement cartel is frustrating his
efforts to enable more Nigerians own houses by keeping the
price of cement above the reach of many citizens. He has
therefore begun a process of dismantling the cartel as he
did in the downstream sector of the oil industry to curb the
excesses of fuel marketers and nothing; not even Dangote
will stop the President."Hulu; 7 July 2009
beggar-thy-countrymen-dangoteUnfortunately death
stopped Yar'Adua. Hopefully he wasn't poisoned.
One must commend the Jonathan administration for being
able to force a tiny reduction in sale price on assumption of
power in respect to this ungratefulness and criminal
exploitation and profiteering on the backs of the Nigerian
masses. Jonathan forced the cement manufacturers to
reduce the cost. Cement now sells in Nigeria for
N1650-1800/bag. That is about $10-11/bag. Our article,
Paying Double The World Price: Dangote Cements Nigerians
In Poverty details how this is still twice the global average
for the same size product. A writer online reacted to this,
proposing that the fact that the Dangote company declares
"outrageous" profits indicated the exorbitant sale price of
his cement was not related to the cost of production, which
includes electricity generation, but set out of sheer
wickedness and greed.
Ibeto Cement confirms that cement should sell for N800 a
bag at the most with all production costs and government
advantages given to Dangote considered.
AllAfrica: Shareholders of Dangote Cement Plc (DCP) are to
reap a double for the year ended December 31, 2011, as the
company has recommended the payment of cash dividend
and bonus issue. [Selling at double reaps double. His
exploitative rate is not due to the cost of power generation,
etc.]
The Jonathan administration continues the Dangote
favoritism, continuing to destroy all other cement
competitors, to ensure Dangote maintains his exploitative
monopoly. According to the Punch,
Cement price still defies laws of demand and supply: March
21, 2013 by Samuel Awoyinfa, Nigerian Punch
"Sometime in June, 2012, Ibeto Cement had to seek a legal
option to retain its import license when the FG tried to stop
it.The latter's action was said to be based on advice
allegedly offered by local manufacturers (Guess who?).
Reacting to this trend, the chairman of New Entrants into
Cement Production, Mr. David Iweta, says there is a need
for the local manufacturers to review their prices
downwards, since there are many variables that work in
their favour, which the importers of the commodity do not
enjoy…."
Iweta sees no reason why a bag of 50kg bag of cement
should be sold above N800, since local manufacturers are
using lime stones, which are sourced locally, as raw
materials. Besides, he notes that labour is available and
cheap. He says, "I believe it is exploitation for Nigerians to
pay above N800 for a 50kg bag of cement as retail price.
Let them reduce it to N700 and see how the commodity will
disappear from the market."
Also, Iweta does not see wisdom in selling imported and
locally produced cement at the same price. According to
him, an importer pays $100 on cost and freight per metric
tonne of cement. He says the locally produced cement
should be cheaper than the imported variety because the
latter attracts duty and 35 per cent levy, which is another $
35 per tonne.
"The local manufacturers do not pay these levies. So, their
prices should be cheaper. Imported cement sells within the
same price range as the locally-produced ones. This should
not be," Iweta stresses. Read full on Punch
The Same Plan Again With Tokunbo Cars
FIGHT-THE-CABALNigeria's government again decided to
punish the masses by creating similar advantages and
frustrations for its people while favoring the cabal. The plan
to ban the importation of Tokunbo cars was eagerly
announced after the Minister of Industry who is eager to
stamp his name on the sands of time; after many meetings
with the cabal and car manufacturers, planned to once
again frustrate all car dealers, a 320,000 Nigerians
employing industry, out of business, in favor of the hand full
of cabal who intend to usurp this industry and extort the
masses.
It is a trade-off, manufacturing for exploitation and
enslavement of the masses to the cabal, who will sell worse
or same products at the highest prices worldwide.
NewsRescue sources have described unbelievable lobbying
that has been going on in Nigeria ahead of this
announcement of a proposed ban. The plan that has been
on the table with dealers like Coscharis Group Motors,
Elizade motors and others who have been lobbying strongly,
is for them to work with foreign car companies and bring
them to assemble and manufacture in Nigeria. However as
is with the Nigerian system as exemplified by the Dangote
cement model, these cabal will manufacture and sell these
cars of select choices and forced on Nigerians for whatever
price they wish. And the people will first be punished to
support the cabal company stock and assure them of
government favor, before any cars are even produced.
Dangote Is The Cabal Archetype Behind Nigeria's Suffering,
Bad Government, Corruption and Poverty
nigeria-to-cabalThis man, who has risen to global wealth
status epitomizes Nigeria's biggest problems. He is the
head of the cabal behind Nigeria's biggest political party,
the PDP. He chooses and sponsors the presidential
candidates who can help him totally exploit the nation. As
the cable report stated, his aim is to take over control of all
Nigeria's oil, gas and other resources.
With his government favoritism, he collapses all
competition and small businesses in Nigeria and
establishes himself as the sole importer or manufacturer.
One wonders if when Nigeria begins its touted exportation,
Dangote will sell his $hit abroad for $13.00, that's the $11
he sells it to Nigerians plus export costs. He'll probably
export it for $2/bag!
Nigerians are grateful that he employs them (slaves) to
labor in his companies, they fail to realize that he can not
employ animals or use machines to work his industries that
make the product he uses in Nigerian markets to rip them
off of their future. See: SaharaReporters-No To Slave Labour
At Dangote's Savannah Sugar Company
As a best analogy, Dangote is just like the European
colonialist. He imposes governments, steals resource and
labor, and 'employs' a slave labor for self enrichment in the
same model they ran the sugar plantations in Africa.
Thanking him for his industries and jobs is just like revering
the White man for the employment of slavery. Like a
parasite, he needs Nigeria, his host. He did not invest his
money in Nigeria, the system Obasanjo and others run
through him is a Nigeria based corporate siphon and
exploitation by assuming the role of the government.
Obasanjo Even Hurriedly Auctioned Nigeria's Refineries To
Dangote: Luckily Yar'Adua Reserved It -Leadership
Before his hurried exit from the presidency following the
humiliation of the aborted term elongation, former president
Obasanjo auctioned Nigeria's most prized national assets,
the Warri and Kaduna refineries to Aliko Dangote and Femi
Otedola. It took the rare courage of late President Musa
Yar'Adua to listen to the national outrage trailing the
auction and reverse it. -Read more on Leadership ;
President Yar'adua, Reverses The Sales Of African
Petroleum In National Interest -Gamji
The lack of maintenance of Nigeria's national assets is not
unlinked to the commitment to selling them to, and
replacing them by the Cabal, of which Dangote is chief front-
man.
A few challenge him to make his money and take his
products to compete in normal markets and countries.
We earlier wrote that it can be predicted that when
Dangote's refinery is operational, Nigerians will pay double
the price for petroleum products. The removal of the
government oil subsidy January 2012, is very much related
to the preparation of the pathway to the Dangote refinery.
This removal by Jonathan helped boost the worth of
Dangote's refinery stock and helps him get loans to invest
in the project. It is the same Obasanjo method of crippling
the government ability and crippling the masses to make
Dangote. Related: AP Shareholders To Petition London
Stock Exchange over Dangote
Nigerians are also happy with his pennies in charity which
help him get tax breaks as is done by all other big
companies. Nigerian breweries for instance sponsors
shows all over Nigeria all year round, not because they love
to party, but as donations to reduce their levied tax.
SaharaReporters: Aliko Dangote Is A Criminal
the cabal thiefWhat he passes as entrepreneurial practices
are brigandage and piracy personified. A few years ago,
when someone I know attempted to import corned beef into
Nigeria from Botswana for distribution, he couldn't on the
grounds that it was on the prohibited list. When I nosed
around, I ascertained that this same criminal, Aliko Dangote
imports into Nigeria and distributes all manner of corned
beef from Argentina, Brazil and Australia. His shenanigan
over cement stinks to high heavens. … after I discerned that
every iota of cement that comes into Nigeria was through
Aliko Dangote. …that the decision made in high quarters is
that every cement importation must be left in the hands of
manufacturers. Who else constitutes cement manufacturers
in Nigeria? Aliko Dangote, the criminal. Closer investigation
that I conducted clearly revealed that this Aliko Dangote has
exclusive access, use and control of the Onne wharf in Port
Harcourt… that anyone, be the one from the customs, or any
other state establishment that tries to venture close to that
wharf will receive the lashing of his or her life from the
goons that man the place for Aliko Dangote. It's right
through Onne that he imports and exports whatever he
wants. Read full
The current biggest enemy and obstacle to Nigeria's
development and democracy is the cabal, and the one man
at the head of this small group is Dangote who is
successfully turning Nigerians into beggars, as the US
regards it.
It is commonly said in Dangote's Kano, with its 1.5 million
Almajiri (beggars) that "dog is more loved in Kano than
Dangote."
dangote-cements
Summarizing, a US wikileak cable put it thus:
¶1. (C) Summary. Alhaji Aliko Dangote (Dangote) is
Nigeria's most well known
businessperson and may be its wealthiest citizen. He has
taken on
the aura of an economic folk hero for some, villain for
others.
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.
The truth resides somewhere between these caricatures.
Dangote is counted among President Obasanjo's inner
circle of business
advisors. It is no coincidence that many products on
Nigeria's import
ban lists are items in which Dangote has major interests.
¶2. (C) Summary Cont'd: Although an undiluted success in
terms of wealth accumulation,
Dangote personifies the duality in Nigeria's economy. This
duality
presents a dilemma for US economic policy. On one hand,
Dangote imports
significant amounts of US produce and equipment for his
manufacturing
ventures. On the other, he has had success blocking trade
and investment
that might compete with his enterprises. Weighing
everything in
the balance, we believe the Dangote model is harmful to
Nigerian and
American interests in the long run. Unfortunately, the
Dangote model
will likely be the one most emulated until its beggar-thy-
countrymen
contradictions become more apparent. End summary.
Nigeria, Where Crime Is Revered: Jonathan Gave GCON To
Nigeria's Top Cabal Crook
To add insult to the injury Nigerian's bear from this
dangerous grand crook, on 14th November, 2011, president
Goodluck Jonathan awarded his sponsor and puppet
master, Dangote the Grand Commander of the Order of the
Niger (GCON), the nation's second highest award,
previously the exclusive preserve of Vice Presidents, Senate
Presidents and Chief Justices of Nigeria.
GCON: Nigeria where crime is rewarded
GCON: Nigeria where crime is rewarded
The more Nigerians boycott Dangote goods, the better their
hope of forcing changes for their survival. Ultimately only a
revolution or a decent government he is not in bed with can
bring him to book. Right now, he owns and controls
president Jonathan like his puppy.
Read: Dr. Damages interviews Ndi Okereke-Onyiuke: He is
a very dangerous man…they allowed Dangote Cement, an
unquoted company, to merge with Benue Cement Company.
Something that is unheard of. And with that merger, that
man now has 51% of Nigeria's total market capitalization.
No serious government anywhere in the world will leave its
economy in the hands of one man. It is very dangerous. …
the Federal government lost N25 billion in the Dangote
Cement merger with Benue Cement. Dangote pocketed N20
billion…
A reader's comment of note:
Kudos to newsrescue for being brave and honest enough to
expose this. Other newspapers are afraid of this thief or
seeking his favor. why should i pay DOUBLE to build my
house because a greedy man like this who government has
criminally disproportionately advantaged, wants todeclare
DOUBLE profit for his fellow cabal and foreign investors!!!
God bless
Deadly Boko Haram, which Dangote has said is not
Nigeria's major problem (he proposes infrastructure
building which he owns as the major issue), and tribalism
keep Nigerians distracted, not noticing their country is
being transferred to this Cabal.
To protect the image he gets in the press, you will see his
sponsored ads on almost all Nigerian newspapers and
popular blogs. Look out for the emblem that lets you know
Aliko beggar-thy-countrymen Dangote runs what you read:
Immunity from criticism of the press bought by paid
sponsored adsdangote cement
cement, we'll close down our factories and lay-off workers;
and when that happens, the domestic production capacity
will reduce drastically; supply will still not match demand
and the prices will even sky-rocket further. My advice is
that the president should back-off the cement industry or
face the consequences", Dangote was quoted as warning
Yar'adua by an industry source who elected anonymity…..
"It is amazing how a shriveled conscience like Dangote can
be allowed to inflict so much pain on other Nigerians," the
source told Huhuonline.com, adding: "President Yar'Adua is
greatly concerned that the cement cartel is frustrating his
efforts to enable more Nigerians own houses by keeping the
price of cement above the reach of many citizens. He has
therefore begun a process of dismantling the cartel as he
did in the downstream sector of the oil industry to curb the
excesses of fuel marketers and nothing; not even Dangote
will stop the President."Hulu; 7 July 2009
beggar-thy-countrymen-dangoteUnfortunately death
stopped Yar'Adua. Hopefully he wasn't poisoned.
One must commend the Jonathan administration for being
able to force a tiny reduction in sale price on assumption of
power in respect to this ungratefulness and criminal
exploitation and profiteering on the backs of the Nigerian
masses. Jonathan forced the cement manufacturers to
reduce the cost. Cement now sells in Nigeria for
N1650-1800/bag. That is about $10-11/bag. Our article,
Paying Double The World Price: Dangote Cements Nigerians
In Poverty details how this is still twice the global average
for the same size product. A writer online reacted to this,
proposing that the fact that the Dangote company declares
"outrageous" profits indicated the exorbitant sale price of
his cement was not related to the cost of production, which
includes electricity generation, but set out of sheer
wickedness and greed.
Ibeto Cement confirms that cement should sell for N800 a
bag at the most with all production costs and government
advantages given to Dangote considered.
AllAfrica: Shareholders of Dangote Cement Plc (DCP) are to
reap a double for the year ended December 31, 2011, as the
company has recommended the payment of cash dividend
and bonus issue. [Selling at double reaps double. His
exploitative rate is not due to the cost of power generation,
etc.]
The Jonathan administration continues the Dangote
favoritism, continuing to destroy all other cement
competitors, to ensure Dangote maintains his exploitative
monopoly. According to the Punch,
Cement price still defies laws of demand and supply: March
21, 2013 by Samuel Awoyinfa, Nigerian Punch
"Sometime in June, 2012, Ibeto Cement had to seek a legal
option to retain its import license when the FG tried to stop
it.The latter's action was said to be based on advice
allegedly offered by local manufacturers (Guess who?).
Reacting to this trend, the chairman of New Entrants into
Cement Production, Mr. David Iweta, says there is a need
for the local manufacturers to review their prices
downwards, since there are many variables that work in
their favour, which the importers of the commodity do not
enjoy…."
Iweta sees no reason why a bag of 50kg bag of cement
should be sold above N800, since local manufacturers are
using lime stones, which are sourced locally, as raw
materials. Besides, he notes that labour is available and
cheap. He says, "I believe it is exploitation for Nigerians to
pay above N800 for a 50kg bag of cement as retail price.
Let them reduce it to N700 and see how the commodity will
disappear from the market."
Also, Iweta does not see wisdom in selling imported and
locally produced cement at the same price. According to
him, an importer pays $100 on cost and freight per metric
tonne of cement. He says the locally produced cement
should be cheaper than the imported variety because the
latter attracts duty and 35 per cent levy, which is another $
35 per tonne.
"The local manufacturers do not pay these levies. So, their
prices should be cheaper. Imported cement sells within the
same price range as the locally-produced ones. This should
not be," Iweta stresses. Read full on Punch
The Same Plan Again With Tokunbo Cars
FIGHT-THE-CABALNigeria's government again decided to
punish the masses by creating similar advantages and
frustrations for its people while favoring the cabal. The plan
to ban the importation of Tokunbo cars was eagerly
announced after the Minister of Industry who is eager to
stamp his name on the sands of time; after many meetings
with the cabal and car manufacturers, planned to once
again frustrate all car dealers, a 320,000 Nigerians
employing industry, out of business, in favor of the hand full
of cabal who intend to usurp this industry and extort the
masses.
It is a trade-off, manufacturing for exploitation and
enslavement of the masses to the cabal, who will sell worse
or same products at the highest prices worldwide.
NewsRescue sources have described unbelievable lobbying
that has been going on in Nigeria ahead of this
announcement of a proposed ban. The plan that has been
on the table with dealers like Coscharis Group Motors,
Elizade motors and others who have been lobbying strongly,
is for them to work with foreign car companies and bring
them to assemble and manufacture in Nigeria. However as
is with the Nigerian system as exemplified by the Dangote
cement model, these cabal will manufacture and sell these
cars of select choices and forced on Nigerians for whatever
price they wish. And the people will first be punished to
support the cabal company stock and assure them of
government favor, before any cars are even produced.
Dangote Is The Cabal Archetype Behind Nigeria's Suffering,
Bad Government, Corruption and Poverty
nigeria-to-cabalThis man, who has risen to global wealth
status epitomizes Nigeria's biggest problems. He is the
head of the cabal behind Nigeria's biggest political party,
the PDP. He chooses and sponsors the presidential
candidates who can help him totally exploit the nation. As
the cable report stated, his aim is to take over control of all
Nigeria's oil, gas and other resources.
With his government favoritism, he collapses all
competition and small businesses in Nigeria and
establishes himself as the sole importer or manufacturer.
One wonders if when Nigeria begins its touted exportation,
Dangote will sell his $hit abroad for $13.00, that's the $11
he sells it to Nigerians plus export costs. He'll probably
export it for $2/bag!
Nigerians are grateful that he employs them (slaves) to
labor in his companies, they fail to realize that he can not
employ animals or use machines to work his industries that
make the product he uses in Nigerian markets to rip them
off of their future. See: SaharaReporters-No To Slave Labour
At Dangote's Savannah Sugar Company
As a best analogy, Dangote is just like the European
colonialist. He imposes governments, steals resource and
labor, and 'employs' a slave labor for self enrichment in the
same model they ran the sugar plantations in Africa.
Thanking him for his industries and jobs is just like revering
the White man for the employment of slavery. Like a
parasite, he needs Nigeria, his host. He did not invest his
money in Nigeria, the system Obasanjo and others run
through him is a Nigeria based corporate siphon and
exploitation by assuming the role of the government.
Obasanjo Even Hurriedly Auctioned Nigeria's Refineries To
Dangote: Luckily Yar'Adua Reserved It -Leadership
Before his hurried exit from the presidency following the
humiliation of the aborted term elongation, former president
Obasanjo auctioned Nigeria's most prized national assets,
the Warri and Kaduna refineries to Aliko Dangote and Femi
Otedola. It took the rare courage of late President Musa
Yar'Adua to listen to the national outrage trailing the
auction and reverse it. -Read more on Leadership ;
President Yar'adua, Reverses The Sales Of African
Petroleum In National Interest -Gamji
The lack of maintenance of Nigeria's national assets is not
unlinked to the commitment to selling them to, and
replacing them by the Cabal, of which Dangote is chief front-
man.
A few challenge him to make his money and take his
products to compete in normal markets and countries.
We earlier wrote that it can be predicted that when
Dangote's refinery is operational, Nigerians will pay double
the price for petroleum products. The removal of the
government oil subsidy January 2012, is very much related
to the preparation of the pathway to the Dangote refinery.
This removal by Jonathan helped boost the worth of
Dangote's refinery stock and helps him get loans to invest
in the project. It is the same Obasanjo method of crippling
the government ability and crippling the masses to make
Dangote. Related: AP Shareholders To Petition London
Stock Exchange over Dangote
Nigerians are also happy with his pennies in charity which
help him get tax breaks as is done by all other big
companies. Nigerian breweries for instance sponsors
shows all over Nigeria all year round, not because they love
to party, but as donations to reduce their levied tax.
SaharaReporters: Aliko Dangote Is A Criminal
the cabal thiefWhat he passes as entrepreneurial practices
are brigandage and piracy personified. A few years ago,
when someone I know attempted to import corned beef into
Nigeria from Botswana for distribution, he couldn't on the
grounds that it was on the prohibited list. When I nosed
around, I ascertained that this same criminal, Aliko Dangote
imports into Nigeria and distributes all manner of corned
beef from Argentina, Brazil and Australia. His shenanigan
over cement stinks to high heavens. … after I discerned that
every iota of cement that comes into Nigeria was through
Aliko Dangote. …that the decision made in high quarters is
that every cement importation must be left in the hands of
manufacturers. Who else constitutes cement manufacturers
in Nigeria? Aliko Dangote, the criminal. Closer investigation
that I conducted clearly revealed that this Aliko Dangote has
exclusive access, use and control of the Onne wharf in Port
Harcourt… that anyone, be the one from the customs, or any
other state establishment that tries to venture close to that
wharf will receive the lashing of his or her life from the
goons that man the place for Aliko Dangote. It's right
through Onne that he imports and exports whatever he
wants. Read full
The current biggest enemy and obstacle to Nigeria's
development and democracy is the cabal, and the one man
at the head of this small group is Dangote who is
successfully turning Nigerians into beggars, as the US
regards it.
It is commonly said in Dangote's Kano, with its 1.5 million
Almajiri (beggars) that "dog is more loved in Kano than
Dangote."
dangote-cements
Summarizing, a US wikileak cable put it thus:
¶1. (C) Summary. Alhaji Aliko Dangote (Dangote) is
Nigeria's most well known
businessperson and may be its wealthiest citizen. He has
taken on
the aura of an economic folk hero for some, villain for
others.
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.
The truth resides somewhere between these caricatures.
Dangote is counted among President Obasanjo's inner
circle of business
advisors. It is no coincidence that many products on
Nigeria's import
ban lists are items in which Dangote has major interests.
¶2. (C) Summary Cont'd: Although an undiluted success in
terms of wealth accumulation,
Dangote personifies the duality in Nigeria's economy. This
duality
presents a dilemma for US economic policy. On one hand,
Dangote imports
significant amounts of US produce and equipment for his
manufacturing
ventures. On the other, he has had success blocking trade
and investment
that might compete with his enterprises. Weighing
everything in
the balance, we believe the Dangote model is harmful to
Nigerian and
American interests in the long run. Unfortunately, the
Dangote model
will likely be the one most emulated until its beggar-thy-
countrymen
contradictions become more apparent. End summary.
Nigeria, Where Crime Is Revered: Jonathan Gave GCON To
Nigeria's Top Cabal Crook
To add insult to the injury Nigerian's bear from this
dangerous grand crook, on 14th November, 2011, president
Goodluck Jonathan awarded his sponsor and puppet
master, Dangote the Grand Commander of the Order of the
Niger (GCON), the nation's second highest award,
previously the exclusive preserve of Vice Presidents, Senate
Presidents and Chief Justices of Nigeria.
GCON: Nigeria where crime is rewarded
GCON: Nigeria where crime is rewarded
The more Nigerians boycott Dangote goods, the better their
hope of forcing changes for their survival. Ultimately only a
revolution or a decent government he is not in bed with can
bring him to book. Right now, he owns and controls
president Jonathan like his puppy.
Read: Dr. Damages interviews Ndi Okereke-Onyiuke: He is
a very dangerous man…they allowed Dangote Cement, an
unquoted company, to merge with Benue Cement Company.
Something that is unheard of. And with that merger, that
man now has 51% of Nigeria's total market capitalization.
No serious government anywhere in the world will leave its
economy in the hands of one man. It is very dangerous. …
the Federal government lost N25 billion in the Dangote
Cement merger with Benue Cement. Dangote pocketed N20
billion…
A reader's comment of note:
Kudos to newsrescue for being brave and honest enough to
expose this. Other newspapers are afraid of this thief or
seeking his favor. why should i pay DOUBLE to build my
house because a greedy man like this who government has
criminally disproportionately advantaged, wants todeclare
DOUBLE profit for his fellow cabal and foreign investors!!!
God bless
Deadly Boko Haram, which Dangote has said is not
Nigeria's major problem (he proposes infrastructure
building which he owns as the major issue), and tribalism
keep Nigerians distracted, not noticing their country is
being transferred to this Cabal.
To protect the image he gets in the press, you will see his
sponsored ads on almost all Nigerian newspapers and
popular blogs. Look out for the emblem that lets you know
Aliko beggar-thy-countrymen Dangote runs what you read:
Immunity from criticism of the press bought by paid
sponsored adsdangote cement
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