Re: The richest black person in the world? The Dangote Interview
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a very stupid and daft fellow, this dangote
a man who relies on govt monopoly to do business is not a business man.
dangote that destroyed the local rice industry with his cheap imports
dangote that got obj to close down the ibeto plant in ph cos he could not face competition
dangote that hangs his cement ships in the high seas for 4 weeks so that cement prices in the local market will increase as a result of low supply and high demand
dangote that destroyed the local sugar market with his imports
dangote that has prevented local cement plants from taking off ,
if nigeria were a place run by sane people dangote will be in jail for economic sabotage.
dangote does not create jobs he destroys jobs
for those of you who dont know what it means to create jobs ,
this is what it means
a lot of chinas companies are operating at a loss , but the govt keeps them operating with subventions and bailouts
the reason why they do this is that as far as the chinese govt is concerned nothing is as important as the chinese people and keeping them employed
for this reason even if the company operates at a loss, so long as it employs a substantial number , it will not be allowed to go under
now nigeria is a nation with high unemployment and the govt and people like dangote offshore and outsource our productive capacity
everything is imported , nigerias oil boom benefits only the political class and asia
they will keep producing for the nigerian market
when the industrialisation of china started in 1978 , deng decided they needed only labour intensive business models to keep people employed and drive away poverty ,
now that is the model that nigeria needs but people like dangote will not let us be
they outsource production to asia when we are grossly unemployed
do nigerians grasp the meaning of these,
the sugar cane planter in the north can be encouraged to produce more if we decide to use his raw material to produce sugar
the abakiliki man will be encouraged to grow even more rice and employ even more people if there is a demand for his rice
the nkalagu man and the gboko man will be encouraged to be more productive if cement plants were built in his place,
how do you bring economic development if we cannot even produce for the local market
instead we prefer to prey on the niger delta perenially
it is the same blind men who think dangote is good for nigeria that insist nigeria should continue to prey on the niger delta
what is wrong with sustainable developement that will make the people of gboko independent of the niger delta oil
what is wrong with producing chocolate and stimulating demand for cocoa and bringing even more developement to the former western region.
why is it so difficult to get people to understand that to keep people employed in any form there has to be productivity
why is it so difficult to get people to understand that people are only poor in absolute terms when there are no jobs for them to do
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