NewStats: 3,261,639 , 8,174,597 topics. Date: Thursday, 29 May 2025 at 09:25 PM 186c406z3e3g |
Dangote’s Bid To Merge Sugar, Salt, Rice Businesses Hits Brick Wall (24280 Views)
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Islie: 6:37pm On Apr 19, 2024 |
The suspension “centred around the current non-operational status of Dangote Rice Limited” by the Securities and Exchange Commission (SEC), Nascon Allied Industries said. The bid by Africa’s richest man, Aliko Dangote, to merge his sugar, salt and rice companies into one for improved efficiency and robust consolidation will not proceed for now. https://www.timesng.com/news/headlines/687348-dangotes-bid-to-merge-sugar-salt-rice-businesses-hits-brick-wall.html 7 Likes 3 Shares |
hisexcellency34: 6:41pm On Apr 19, 2024 |
The only way prices of foodstuffs will come down is if Dangote has serious competitors. The monopoly he enjoys is killing Nigerians
121 Likes 6 Shares |
CodeTemplar: 6:41pm On Apr 19, 2024 |
Angry dude above ^^^^^
5 Likes |
ivolt: 6:53pm On Apr 19, 2024 |
hisexcellency34:So, in which foodstuff segment does Dangote maintain a monopoly or dominates? Rice, Beans, Garri or beverages? 45 Likes 6 Shares |
JASONjnr(m): 6:56pm On Apr 19, 2024 |
I'm sure, with time, he has to focus on oil and leaves the commodity market for youngsters....
4 Likes |
DuBLINGreenb(m): 6:58pm On Apr 19, 2024 |
Why is Naija like this sef
1 Like |
obinna58(m): 6:59pm On Apr 19, 2024 |
Food products should be the cheapest things in a given country
12 Likes |
STEWpid(f): 6:59pm On Apr 19, 2024 |
Chai.. Mr Dang Wote!! The Northern business man that majority of his businesses and incomes are from the South. What the populace need now is Dangwote Beer. 5 Likes |
sammuell(m): 6:59pm On Apr 19, 2024 |
Ok
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tefishy(m): 7:00pm On Apr 19, 2024 |
It's a positive business idea. Bua foods has got it's name through this same process. So nothing spoil
2 Likes |
SEGLIZ: 7:00pm On Apr 19, 2024 |
brick mansion.
1 Like |
adioolayi(m): 7:01pm On Apr 19, 2024 |
Competition... Learn from your competitor.. Dangote wan do as BUA has done..but then, they have to wait longer. 1 Like |
Pootle: 7:01pm On Apr 19, 2024 |
hisexcellency34: monopoly in what food sector 9 Likes |
Kaybaba5(m): 7:01pm On Apr 19, 2024 |
This man is really enjoying, the FG N has given him power
2 Likes |
NairalandGOAT1: 7:01pm On Apr 19, 2024 |
ivolt: Cassava, agbado and yam 3 Likes |
hisgrace090: 7:02pm On Apr 19, 2024 |
Bot sugar and milk are extremely expensive this days likewise every bakery products in Nigeria.
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Waakanda: 7:03pm On Apr 19, 2024 |
The taste for 'more' wealth is insatiable.
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iHart(m): 7:05pm On Apr 19, 2024 |
He should better sell off the rice business. Even after merging, the dangote rice will still remain non-operational because there are plenty people in the rice market.
1 Like |
HBB1(m): 7:05pm On Apr 19, 2024 |
ivolt: Agabado,Ewa, Garri, Cassava...🤣 Don't mind the dumbo 5 Likes |
mannobi(m): 7:05pm On Apr 19, 2024 |
D
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CartelKenneth: 7:09pm On Apr 19, 2024 |
Useless monopolist Making billions off the blood and sweat of common Nigerians This nigga will not die well😡 |
MuslimIgbo: 7:11pm On Apr 19, 2024 |
Greedy man
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GlorifiedTunde(m): 7:11pm On Apr 19, 2024 |
Greedy Capitalist!
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bobbybrown007: 7:13pm On Apr 19, 2024 |
Most of his other items such as the sugar and co...doesn't even stand with others , one day I see him going for the post of the prisedent
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Harddiskng(m): 7:14pm On Apr 19, 2024 |
hisexcellency34: God bless for speaking the truth. I have said it times without number Dangote industries is bad for Nigeria. It is very visible to even the blind ivolt: You people asking what food commodity Dangote sells, if you don’t know there are important commodities that whose prices can put inflationary pressure on other commodities. What is Dangote into Cement, Petroleum (from the 1st day years ago Dangote’s intent to go oil was announced. I said it here years ago that petrol price would skyrocket before the refinery commence), Flour... These 3 alone that do you need more explanation ![]() Too many of you think yourselves as over-wise but y’all are just supreme olodos. 4 Likes 1 Share |
deji17: 7:14pm On Apr 19, 2024 |
ivolt:You dey mind the demented guy? 7 Likes 1 Share |
papyjaypaul: 7:18pm On Apr 19, 2024 |
bobbybrown007: Impossible. His business will crumble with politics. He will also be conflicted. Politics is a very dirty game. Look at the Sahara guy that went to Rivers politics. Just resign if you have a new calling He was old enough to see MKO |
EPIJOE: 7:19pm On Apr 19, 2024 |
FOR SALE A land facing main Express from Epe to Ijebu ode at iraguishi Epe. Can be used for shopping mall, hotel, or a filling station. Freehold. Family survey, Deed of Assignment Asking price #35M. Size 972Sqm. Call for inspection 08154295500. Or watsapp .or email [email protected] Serious buyer pls. |
iwaeda: 7:19pm On Apr 19, 2024 |
Islie:This one that keeps milking the poor. I can't when Dangote sugar, flour and salt pay what can be termed dividends. Anyway, I am t owner of Dangote. ![]() ![]() ![]() ![]() |
bobbybrown007: 7:21pm On Apr 19, 2024 |
papyjaypaul:he knows how to play the game and he knows that dollars and pounds will change hands, that was what one baba did na |
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