He gets lots of support from the government. He uses bank loans which stifled others users of credit in Nigeria.Tinubu supported him a lot in his Dangote Refinery.
@@msaprofessionals2996Dangote's ability to execute massive projects like the refinery still speaks to his business acumen and long-term vision for Nigeria's economy. Support or not, it takes more than that to push such large-scale industrial efforts forward.
My industrialist. I will be greater than you sir. God continues to bless you. You are the biggest man in my life who has so much impact in Nigeria. I will always learn how you work and live the life of success hopefully everything not just in my Industry goes well. Amen
Thank you Pa Ndangote. Africa need more African like you. I am a Cameroonians. I really love what you are doing. Keep on Sir. God bless you and Your Company
You wanna listen to the likes of Mr. Dangote talk at length about such topics, but platforms like these where they are pushing him to answer a few questions in a short space of time are not really serving the purpose. We need a podcaster to invite him and let him expand on these African growth opportunities at will and at length.
Interestingly, the opportunity to process raw materials (like cocoa into cocoa butter/powder) has become more costly due to the removal of energy subsidies. However, it remains a smart investment, as energy and labor costs in Africa are still relatively low, and the region benefits from available land and established logistics routes.Had investments been made in processing industries over the past 20 years, Nigeria could now be directly supplying processed agricultural products significantly reducing its reliance on crude oil exports.
@@lenso3757 ???? For Nigeria to become a solar components producer or for Nigeria to invest in solar as an alternative form of energy generation? China have 70% of the solar production market and would be near impossible to become a significant producer / exporter of solar without access to innovative materials or technology. Nigeria should definitely invest alternative forms of energy as these are immune to crude market risk and can create a sustainable steady supply of energy for communities. CapEx would be high and maintenance is low however maintenance can still be challenging for major projects. Solar energy alone to power industry is too unreliable and therefore is usually used in conjunction with other sources for when the sun doesn't shine.
@@t8boss Deciding not to invest in a solar system for your business solely because China holds a 70% market share may not be the best approach. Numerous companies are implementing solar mini-grids to power their operations. Nigeria could potentially have an advantage in manufacturing solar components since it is closer to the abundant mineral resources like Lithium and Cobalt found in Africa, compared to China. Understanding this requires an entrepreneurial mindset. To grasp the significance, one should learn about the factors of production, including the strategic advantage of proximity to raw materials. With technology being adaptable and Nigeria's equatorial location providing consistent sunlight throughout the year, solar energy emerges as a dependable option. Moreover, energy storage in batteries enables off-grid operations, as evidenced by many companies' successful implementations.
@@lenso3757 Homes and business should invest in solar no doubt. however for production it is far more complicated than proximity to raw materials for solar for which Africa it is still rather small compared to China/Chile. otherwise nuclear would be the most sensible option due to the proximity of uranium in Niger. but don't get me wrong, Nigerian business should invest in producing solar panels because households and business need them. in fact I really hope they do, the only issue is the cost building the factories, producing solar and generating solar is not sensible use of capex due to the lack of overall industrial manufacturing industry. the current cost of energy which is still relatively low for an oil producing nation with a newly commissioned refinery , roi for the entrepreneur would be low even with high local sales due to extremely high capex, and low export opportunity and competition from China. US &Europe understand this, they are upset and are struggling to meet policy if they impose tarrifs on china imports. Also a lot of the raw materials still need to be imported.
I hope you read this. There are MANY ways to get involved in agriculture. One way is, through hydroponics farming. Do your research on hydroponics so you can get knowledge.
exactly, africa cannot even feed itself due to insufficient agriculture and yet you will see some african countries talking about electric vehicles etc.. the supply chain starts from the bottom
LOVES U❤ SOOOOOO MUCH OURS CIA❤ FATHER❤ INS AFRICAN❤ NIGERIA❤ ALIKO DANGOTE❤ ON THIS UNIVERS❤ LOVES YOURS GAINS 🌟 STAR MACHINATIONALS FOR ALLS AFRICAN❤ NATIONS❤ HUMANKINDS❤ ON THIS UNIVERS❤ YUDA JOHN THE BAPTIST ORIGINATOR PRIEST ANOKYE AMENAAAAAAAAAAAAAAAAAAAAMEN❤
Lol when africa starts industrialization the west cam with bullsh$t of renewable energy😂😂😂😂 but the Texas as a state in usa has more than 18 refinery. Yall are joking
That state (Texas) is almost the size of all Nigeria..... the US is a very large and economical diverse country, Nigeria needs to think like that to avoid constantly getting left behind, no more one pony shows.... oil is merely one input, which the US is the biggest player globally and barely speaks about it, and they are aggressively moving towards renewables.... that’s what big players do, they think about diversification Nigeria needs to put as much effort into other economic inputs and stop this single minded approach (oil oil oil ) it has already failed the country, aside from the volatile nature of crude commodity markets
@koriifaloju2051 Oil will be relevant for at least in the next 100 years. Renewables can not even stand on its own feet as it is heavily subsidised by the US EU and China just to make it more competitive. After energy oil has many base products that cannot disapear.
Those journalists are naive They believed the 'clean energy' hype by Europeans while Sweden failed to apply Solar energy is 2% despite all the hype Be critical!
He’s right It’s gonna take a long time to transition from oil to green energy. As it stands we can’t speak of transitions when more than half a billion people have no power at all. Let’s make the baby steps first then we speak of transition later.
You are not exporting minerals for free? Just like lifting oil and export to earn forex, it is what you do with forex that matters! The problem with Nigeria, all the fx from export have been corrupted away and did not benefit Nigerians! So clean up corruptions in Nigeria then good things will happen!
Buddy, he is talking about value addition to the raw materials whose value chain produces manufacturing strings for job opportunities directly and indirectly
@@babatundeegbeyemi9168He very much know, he’s just not happy seeing Africa taking hold of their resources to add value to benefit from the long chain of the marginal utility those resources present to create wealth. They feel if Africa works it’s a drag to their development. So, don’t explain shhit to the racist dumb. What the Fvck is forex? What does the west have that give them right to print money in the first place?
Per Alhaji Aliko Dangote, don't call him the [single, isolated] richest man in Africa. He's showing how to make **LEGITIMATE** money and produce **LEGITIMATE** jobs in Africa. "Richest Man in Africa" does nothing for a "self sufficient" Africa consuming in Africa what is made in Africa. That's his purpose as he made clear.
Aliko, big-up for your foresight, and faith; in Africa!!! Please, please build two or three much-better-than-world-standard hospitals in Nigeria, urgently. And show our nation the profitability of that, too. You will calm the panic of flight of the best medical brains; give affordable healthcare to our masses (on an insurance/charity model as they do in India); and restore some dignity to us same time. Yes, others are only there to deceive us, and to tell us how much we are not able to do like our fellow nations around the world. You are very correct: only Africans can build Africa. More health to all your efforts.
No matter what,nobody will develop Africa but Africans,
Thank you Sir,Mr Dangote
This man is single-handedly pushing Nigeria 🇳🇬 foward.
He gets lots of support from the government. He uses bank loans which stifled others users of credit in Nigeria.Tinubu supported him a lot in his Dangote Refinery.
@@msaprofessionals2996Dangote's ability to execute massive projects like the refinery still speaks to his business acumen and long-term vision for Nigeria's economy. Support or not, it takes more than that to push such large-scale industrial efforts forward.
Absolutely spoken
Nothing but love and admirations for Aliko Dangote, simply a genius.
just feel proud of him as African and Nigerian. we need more of his type.
Why can't you be the other one
LOVE AND SUPPORT TO ALL AFRICANS PEOPLE FROM YOUR HAITIAN BROTHER!!🙌🏾🙌🏾
My industrialist. I will be greater than you sir. God continues to bless you. You are the biggest man in my life who has so much impact in Nigeria. I will always learn how you work and live the life of success hopefully everything not just in my Industry goes well. Amen
Our house in Mpumalanga South Africa was built using Dangote cement
hi
Thank you Pa Ndangote. Africa need more African like you. I am a Cameroonians. I really love what you are doing. Keep on Sir. God bless you and Your Company
Good job Dangote you inspire my dream to invest in Africa
He is Genius knows how to use sources of money, I appreciate Dangote 10 commandments of money
If God is willing, one day i will meet Mr Dangote... He inspire me in the business arena.
You wanna listen to the likes of Mr. Dangote talk at length about such topics, but platforms like these where they are pushing him to answer a few questions in a short space of time are not really serving the purpose. We need a podcaster to invite him and let him expand on these African growth opportunities at will and at length.
Somebody please connect me to this great man. I need to work with him and other like minded people to make Africa great.
Wonderful watching from Malawi
That's very true
Aliko Dangote - an inspiration to me 🇦🇴❤️🇳🇬
Mr Dangote is right there will be issues here and there but it's solvable. We need to come together and think on how we solve our problems 🙏
Aliko Dangote da best Afrika ever had i I Salute
You're a great example in the continent
Thank you so very much Mr Dangote and your entire group,
And mentioning agriculture and transformation is a great booster and a stirring up.
Thank you sir for inspiring us to believe Africa will be GREAT❤
This one is a true African ❤
I feel Dangote will be good as president
He has achieved more than many presidents already
He should run for office for Naija Presidency.
The Presidency will hold him back. Let him do his thing without any shackles of being a politician.
Great talk my boss.
He’s the pride of africa ! We love you sir! You’re such an inspiration! ❤
Interestingly, the opportunity to process raw materials (like cocoa into cocoa butter/powder) has become more costly due to the removal of energy subsidies. However, it remains a smart investment, as energy and labor costs in Africa are still relatively low, and the region benefits from available land and established logistics routes.Had investments been made in processing industries over the past 20 years, Nigeria could now be directly supplying processed agricultural products significantly reducing its reliance on crude oil exports.
@@t8boss well d Government only think of them self na
What about solar
@@lenso3757 ???? For Nigeria to become a solar components producer or for Nigeria to invest in solar as an alternative form of energy generation?
China have 70% of the solar production market and would be near impossible to become a significant producer / exporter of solar without access to innovative materials or technology.
Nigeria should definitely invest alternative forms of energy as these are immune to crude market risk and can create a sustainable steady supply of energy for communities. CapEx would be high and maintenance is low however maintenance can still be challenging for major projects. Solar energy alone to power industry is too unreliable and therefore is usually used in conjunction with other sources for when the sun doesn't shine.
@@t8boss Deciding not to invest in a solar system for your business solely because China holds a 70% market share may not be the best approach. Numerous companies are implementing solar mini-grids to power their operations. Nigeria could potentially have an advantage in manufacturing solar components since it is closer to the abundant mineral resources like Lithium and Cobalt found in Africa, compared to China. Understanding this requires an entrepreneurial mindset. To grasp the significance, one should learn about the factors of production, including the strategic advantage of proximity to raw materials. With technology being adaptable and Nigeria's equatorial location providing consistent sunlight throughout the year, solar energy emerges as a dependable option. Moreover, energy storage in batteries enables off-grid operations, as evidenced by many companies' successful implementations.
@@lenso3757 Homes and business should invest in solar no doubt. however for production it is far more complicated than proximity to raw materials for solar for which Africa it is still rather small compared to China/Chile. otherwise nuclear would be the most sensible option due to the proximity of uranium in Niger. but don't get me wrong, Nigerian business should invest in producing solar panels because households and business need them. in fact I really hope they do, the only issue is the cost building the factories, producing solar and generating solar is not sensible use of capex due to the lack of overall industrial manufacturing industry. the current cost of energy which is still relatively low for an oil producing nation with a newly commissioned refinery , roi for the entrepreneur would be low even with high local sales due to extremely high capex, and low export opportunity and competition from China. US &Europe understand this, they are upset and are struggling to meet policy if they impose tarrifs on china imports. Also a lot of the raw materials still need to be imported.
Good bless you Dangote
See how this man is solving problems while some group of people are trying to frustrate his his efforts with the help of the government
Great insights
Agriculture is indeed one of the greatest form of investment.🇳🇬
He is bill Gate friend. Just remember that Africans. His hands on agriculture. I hope he thinking of organic food for his people.
Great man
Our own
That status of Being the Richest African doesn't excite him anymore. It only excites the new money guys.
There is so much to learn from this man. His brain is not wasted. I hope he never aims to be top politician. Politics corrupts ‼️‼️‼️
Glad he finds time to be rounded by supporting football😂
We can invest in agriculture yes. My question is what approach can one take towards it? Especially as youths who are just starting out in Life.
I hope you read this.
There are MANY ways to get involved in agriculture. One way is, through hydroponics farming.
Do your research on hydroponics so you can get knowledge.
Me i like this man.
As well our channel
All the foreins military baset is billd on land what can use for agricl
exactly, africa cannot even feed itself due to insufficient agriculture and yet you will see some african countries talking about electric vehicles etc.. the supply chain starts from the bottom
Africa needs to attain energy security to industrialize before we transition to green energy. Otherwise, we will continue to wallow in poverty.
❤❤❤❤❤
LOVES U❤ SOOOOOO MUCH OURS CIA❤ FATHER❤ INS AFRICAN❤ NIGERIA❤ ALIKO DANGOTE❤ ON THIS UNIVERS❤ LOVES YOURS GAINS 🌟 STAR MACHINATIONALS FOR ALLS AFRICAN❤ NATIONS❤ HUMANKINDS❤ ON THIS UNIVERS❤
YUDA JOHN THE BAPTIST ORIGINATOR PRIEST ANOKYE AMENAAAAAAAAAAAAAAAAAAAAMEN❤
He feels uncomfortable to be called Africa richest man. 👍👍👍
Lol when africa starts industrialization the west cam with bullsh$t of renewable energy😂😂😂😂 but the Texas as a state in usa has more than 18 refinery. Yall are joking
That state (Texas) is almost the size of all Nigeria..... the US is a very large and economical diverse country,
Nigeria needs to think like that to avoid constantly getting left behind, no more one pony shows....
oil is merely one input, which the US is the biggest player globally and barely speaks about it, and they are aggressively moving towards renewables.... that’s what big players do, they think about diversification
Nigeria needs to put as much effort into other economic inputs and stop this single minded approach (oil oil oil ) it has already failed the country, aside from the volatile nature of crude commodity markets
your comparing the most industrialized country and emerging market country .no basis.Taiwan and other industrialized countries started this way.
@koriifaloju2051 Oil will be relevant for at least in the next 100 years. Renewables can not even stand on its own feet as it is heavily subsidised by the US EU and China just to make it more competitive. After energy oil has many base products that cannot disapear.
Those journalists are naive
They believed the 'clean energy' hype by Europeans while Sweden failed to apply
Solar energy is 2% despite all the hype
Be critical!
He’s right
It’s gonna take a long time to transition from oil to green energy. As it stands we can’t speak of transitions when more than half a billion people have no power at all.
Let’s make the baby steps first then we speak of transition later.
the Bill of Nigeria
Thé Bill of Africa
You are not exporting minerals for free? Just like lifting oil and export to earn forex, it is what you do with forex that matters! The problem with Nigeria, all the fx from export have been corrupted away and did not benefit Nigerians! So clean up corruptions in Nigeria then good things will happen!
Buddy, he is talking about value addition to the raw materials whose value chain produces manufacturing strings for job opportunities directly and indirectly
I wish people just listened before talking.
Mumu!
@@babatundeegbeyemi9168He very much know, he’s just not happy seeing Africa taking hold of their resources to add value to benefit from the long chain of the marginal utility those resources present to create wealth. They feel if Africa works it’s a drag to their development. So, don’t explain shhit to the racist dumb. What the Fvck is forex? What does the west have that give them right to print money in the first place?
What is this one saying
Agriculture ❤️🇳🇬🦾😇
African president have egos why do they require other blacks to use Visas but a non Africans can move around Africa without one.
Which countries just allow Europeans to enter at will, without visa??
Clean energy is the problem of the west.
Africa's problem is different
Per Alhaji Aliko Dangote, don't call him the [single, isolated] richest man in Africa. He's showing how to make **LEGITIMATE** money and produce **LEGITIMATE** jobs in Africa. "Richest Man in Africa" does nothing for a "self sufficient" Africa consuming in Africa what is made in Africa. That's his purpose as he made clear.
😮 dis one dangote just day do interviews 😅😅😅 everywhere dis government day show AM
Africa needs capitalism not aid.
Renewable energy 😝
Germany have more 45 refineries 😂 working
How many do you have?
This man has F U money 😂
Aliko, big-up for your foresight, and faith; in Africa!!!
Please, please build two or three much-better-than-world-standard hospitals in Nigeria, urgently. And show our nation the profitability of that, too. You will calm the panic of flight of the best medical brains; give affordable healthcare to our masses (on an insurance/charity model as they do in India); and restore some dignity to us same time. Yes, others are only there to deceive us, and to tell us how much we are not able to do like our fellow nations around the world. You are very correct: only Africans can build Africa. More health to all your efforts.
You can also start that initiative, brethren...it all starts with this dream
We Rwandans love Africa and africans that is why we removed the visa so welcome home
❤❤❤❤❤❤