There Is Urgent Need For Nigeria To Rethink Its Manufacturing Sector - Dangote
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- Опубликовано: 2 июл 2024
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God bless Sir Dangote for this keynote speech. I only hope the right people in power listened very well.
Perfect Dangote❤ we need Industrial Revolution in Nigeria and Africa at large… Great 👍
What attracts foreign investment is the success recorded by local investors, not government attending one summit after another trying to convince foreign investors.
I have been looking for this keynote speech. I know it's going to be factual and inspiring. Thank you channels and God bless Dangote the phenomenon
If only dey listing and support dis man. Dangote should manage Nigeria.
Nigeria's most significant challenge is the pervasive corruption and lack of political will, which has far-reaching consequences. One manifestation of this is the struggle faced by many Nigerians, particularly those in the diaspora, who are interested in farming but find it difficult to access land. The challenge of acquiring land is a major obstacle that prevents them from realizing their agricultural goals and contributing to the country's economic development.
To address this, urgent measures are required from all levels of government and the private sector to pursue aggressive investments in manufacturing and agriculture in every local area. Specifically, Nigeria must consider banning the importation of manufactured food and consumer goods, such as diapers, toothpaste, soap, cosmetics, toilet paper, and other similar products, within the next year. This bold move will allow local manufacturers to take over and drive economic growth.
I acknowledge that this will be a tough and hard decision, but it is a necessary sacrifice to revamp and save our country. We must take decisive action to stimulate local production, create jobs, and promote economic self-sufficiency.
Am a Ghanaian but totally agree with you 💯 long life Nigeria 🇳🇬, long life Africa
This speech can save africa if they act on what they preach , peace , one ❤
Nobody can stop you brother Dangote. They are just wasting your time. God is by your side and your enemies will be humiliated
This speech can save Africa.
No speech can save a continent without policy.
policy on its own cannot save the economy. the speech if implemented will save any country that apply the lessons from there
@@miftaudeenabdulhameed1320 : Speech is not implementable, speech is only talk, here goes the phase 'talk is cheap'.
@@Oodua-ii if the leader follows the advice it would save the country. What cheap about talk…. Is that not what they’re Delibrating on… After all ideas have been put together then an action is taken.
Stop saying nonsense guy😂😅😅
@@arifayanoladipupo6569 : You may hold a differing opinion regarding the proverbial expression used by the wise generation preceding us, which emphasizes resilience rather than self-pity. You possess a strong aversion towards being corrected and are unwilling to allow anyone to gain an advantage over you. Consequently, you resort to distorting facts in order to suit your own interests. Best of luck with that. It is important to acknowledge that one cannot always be correct, even if the mistake is inconsequential. You are a type A personality with ITK. 💌
When Peter obi was talking about consumsion to production. How many people listened?
My brother, one is at a loss that these same shouted down Mr Peter Obi when he emphasised on manufacturing but are now pretending to recognise and or claiming to be the ones who espoused the idea. Shame on them. They are claiming what do not know or giving what they do not have. When Peter Obi propounded the idea consistently during hus political campaign, with statistics, he was shunned and told "na statistics we go chop?". Now they are pretending.
The last development plan was in the 70s . This is not acceptable. We must develop our manufacturing experience. No country developed by reliance on import. We don't need a quick fix. We must develop a policy document to achieve the country's manufacturing sector development.
Astute Industrialist, Always dropping nuggets. It looks like we have to always educate these politicians of Nigerian History in any national discuss
he is always the best❤❤
We’ve been de-industrializing since the 1980s.
Can imagine ApC supporters asking in their mind "Na statistics we go chop"?😂
In Nigeria manufacturers are suffering from Nigerian government corruptions of daily harassement by various department and allowing illegal containers to import finish goods to compete with Nigeria manufacturers. So unless the government clean up corruptions otherwise there will be no new jobs. God bless Nigeria. Thank you for Mr. Dangote to speak out and hope goods thing will change within the government. 🙏🙏
Trust Shettima to come out in the next day or two to say FG plans "to rethink the manufacting sector" of Nigeria.
This FG idea.
😅🤣 True, Na News and Social Media dey give them ideas
And nothing will happen after he would say that.
Well said Dangotote i've always said that free market is a Scam. Let's learn to protect our local industry so that we can create more jobs and improve economic opportunities for us africans
God bless you Dangote
Dangote has arrived!!! The government must be told the truth!!! Following world Bank advice blindly is terrible for our country. Dangote please speak for the industrialist.
Your speech sir is tremendously important to the Nigerian economy is time to sit down and rethink about our economy because of tomorrow. Thank you sir
Nigeria's most significant challenge is the masses of people, the inability of a people to coordinately push back on a corrupt government!
Not sure that’s the major problem. Nigeria goes through this from time to time. This is just another cycle.
But from what I can see currently. It looks like the government actually has plans to make things better. They’re implementing the right policies.
Dangote for president in Nigeria 🇳🇬 from Sierra leone 🇸🇱
Honestly, as a Nigerian it would be great if that happens, because he'll definitely win the election. But sadly, I'm not sure he's interested in politics.
May almighty Allah bless you, and bless all Nigerian that who are trying to do good for their people and their country. We are wishing you a long life success.
Thanks.
ABC, brother AlHaji Aliko Dangote address and message to industrialize and protect industry in Nigeria is so cogent and well correct!
There is nothing to re-think... THERE IS NO ELECTRICITY... think power infrastructure then we can talk about manufacturing
The reason why government own refineries are not producing is government corruption with interest group. Clean up corruption then Nigerians will benefit. 🙏🙏
Rethink Nigeria!!!
Thank you
Dangote is now talking... I think I like it
The right question is why is he talking now? Now, he is doing business. I hope he succeeds, for all our children sake.
Did the president hear anything?
Peter Obi lamented on it during his campaign now Dangote is talking about it. We don't have a government that knows or cares about its people. Tinubu is just another one of the past criminals Nigeria is so unlucky with it's leaders.
My brother, you are right. Dangote discussing this now shows how hypocritical they are. Peter Obi was called derogatory names but today Shettima(the Vice President) is chairing a seminar or conference on manufacturing. Shameful, isn't it?
Well spoken
One presidential candidate said, "move the country from consumption to production (manufacturing)", the other candidate's response was: "Naa statistics we wan chop?" sarcastically and stupidly! Now that African's richest man, son of the soil is giving y'all the statistics. What sayest thou?
I wonder how a right thing govt won't think of production, not even to secure farmlands for Farmer to produce agbado & food?
Well said.
Beautiful keynote
Umar Dangote has proven you don't have to be "book smart" yourself to be a billionaire
All you need is the initial capital + a sustainable avenue to keep getting more money + people more intelligent than you on your payroll
NO, export out of the continent is not necessary but manufacturing is and trade on the continent is. However , exporting out of the continent is a an extra. Africa must manufacture and industrialize but without stability AT HOME .. it leaves the continent vulnerable. Africa must learn from the past that (first) the world hates us simply because of the color of our skin and will never respect us until we take care of each other. meaning no hunger or homelessness. it's is useful to gain information and some technology from the outside but it must not be critical or indefinite.
Nice one
There are forces in Nigeria which are hell-bent on subjecting Nigeria citizens to perpetual hardship for evil gratification.
The summary of this wonderful speech is that "Nigeria government is very very corrupt and it is affecting the economy"
We need to start having sense. To be honest.
At this point, dangote for president 😂. But on a serious note why does he seem to know more than the government how to develop the economy
because he is a business man
It's because he is a doer and not just a talker
Is time for youth to wake up
WHAT THE HELL DO THEY MANUFACTURED NOTHING BUT POVERTY 😢😮😮😅😅😅😊😊.
I want to buy Nigeria
Mother Africa is seriously on the mighty ARISE AWOKE! 2020 - 2026 or ELSE!~ EXODUS
Dangote has distinguished himself as an astute and unrelenting entrepreneur in Africa. The is not just talking theories, he is relating from experience.
Our system of government is the problem. Regional autonomy is the answer. That was how it was before the unitory system. Shame on the military.
Imagine his VAT is larger than d entire banking sector
Rethink should also include giving back licenses to other industries short down to pave way for you
Hi
How much are they Al kotego for the free advance he offers federal government.
This goes down well with the comparison of Nigeria and Vietnam by Russian ambassador to UK on Sky news interview. Which way Nigeria?
I don’t get it?
A link would have been educative.
Peter Ibi said all these when he gave astute statistics, but he was shunned down by those who to perpetually keep Nigeria down. During the political campaign, Mr Dangote kept quiet because he was favoured by the existing federal government policy as the monopolist in virtually all sectors. He is now crying out, organising conferences on manufacturing because he is not favoured bt APC government of Bola Tinubu. Seriously, they are all hypocrites. Dangote is talking about protection of industries but he pushes for Indigenous industries like Innoson Motors to be stiffled. He has not even mentioned the local motor manufacturers like Innoson, Nord motors and Proforce. He is talking about assembly plants because this is where he belongs.
Dangote Cement paying more taxes than the entire major banking industry in Nigeria?
Dangote Cement paying nothing less than 650 million naira on VAT on a daily basis?.
i havent seen any comment or news channel talk about this revelation that Dangote made during his presentation, aren't this major points to look into?
THAT'S WHY
NIGERIA SUDAN UGANDA IS TO HAVE A TOP MILITARY WEAPONS MANUFACTURING INDUSTRIAL COMPLEX LIKE SOUTH AFRICA FOR ALL AFRICA, LAW!!!
YAHSHUA YAH/GOD 🙏 ALMIGHTY THE BLACK MESSIAH ! THE 2ND COMING ! THE KING 👑 OF " AU/UBAK " ( UNITED BLACK AFRICAN KINGDOM )/ " UBAF " ( UNITED BLACK AFRICAN FORCE ) ! ! !
AFRICA HAVE TO PROTECT HER INDUSTRIES, TARIFFS ON IMPORTS!!!
YAHSHUA YAH/GOD 🙏 ALMIGHTY THE BLACK MESSIAH ! THE 2ND COMING ! THE KING 👑 OF " AU/UBAK " ( UNITED BLACK AFRICAN KINGDOM )/ " UBAF " ( UNITED BLACK AFRICAN FORCE ) ! ! !
Many of you praising dangote here and even requesting him contesting for President or managing Nigerian's economy, please permit me to ask this, what is the difference between what he is saying here and what Mr PO has been saying and preaching all along?
I dont wanna believe that the Igbophobia mentality which is been always talked about has turn many of you to bigoted hypocrite, cause i know how Mr PO was severely criticize when he spoke all these and even labeled as one demarketing Nigeria. Its well oooo Nigerians
People tend to listen to the rich
People listen more to doers and not just talkers. Dangote is a doer.
@@kestonagboro4262 So Mr PO is not a doer or are you from another planet?
@@kestonagboro4262I think you are living in what I called the "living dead" world to tell us that Dangote is doer. What has he done on his merit but for federal government nepotic favour Dangote would not have achieved anything. I cannot discuss critical issues with you because you lack knowledge of Nigeria and those who are "doers" in your estimation that are favoured by hypocritical and bigoted policies. Shameful indeed, and we think Nigeria will move forward.
last last
You want everyone to join you and fight for this Frist later you will come after other people for you to be the only one doing it because that is what you know how to do best
Every day now Dangote is crying about how Tinubu has ruined the economy of Nigeria. Is this a revelation to this man who is supposed to be strategic in thinking? Weren't they the ones who worked (financially and otherwise) to rig the bumbling and incompetent Tinubu into power? Didn't he and the other co-conspirating Nigerian billionaires see it coming? If they didn't, then they are not that good as businessmen.
If they adopt what this gentleman is saying to be correct and found out that Igbo man will benefit they will cancel it and all of us will still suffer it. Our problems are nothing but nepotism.
Hint of a bankrupt society is Clapping, Clapping, Clapping. Come on, audience.
lol, it is automatic. Most just clap by reflex without understanding why. We are a country used to playing lip service.
@@ABCD1234-user-x3v lol
Those who destroyed the Nigerian economy with their nepotistic and monopolistic actions are now complaining about a bankrupt system. Decentralise and allow the regions to compete and pursue their own industrial policies. But you won't because the Fulani want to centralise everything to hide their incompetence.
There are realities for an emerging economy. You don't develop competition out of thin air. For any moribund place (capital, education, capacity inequalities), certain providers would be prioritized. For Nigeria, the option is a "monopolistic/duopolistic" domestic players OR foreign players. We seem to be comfortable with foreign monopoly and scream bloody murder for domestic companies with dominant market share. I grew up thinking of Leventis, Flour Mills and a number of other foreign companies as local companies. The one place Nigeria does not have issues is in Cement. That does not mean there haven't been some gray, particularly as concerns Ibeto cement etc., but what he is saying is exactly on point.
By the way I say this as an Ijaw/Igbo man. At the end of the day, I'd prefer Dangote's flawed but productive industry to anything else that exists in Nigeria. He pays taxes and has gone on to invest in a refinery that can turn Nigeria's fortunes. I don't wrestle with greater regionalization but the reality is industrial regulation (import, tariffs, etc) needs to be standardized and reflect national policy. Regionalization should be in terms of supporting industries in their natural habitat. So for instance, support grantite/stone quarry manufacturing in South East.
I love Dangote will power to accomplish...... but I smell these initiatives is to "iron clad" control of the central structure (economic political, social, cultural etc) by the Fulani hegemon. What happened to Ajaokute Steel Mill industry & all other industrial aspirations behind that.
Anyways, I will vote him for President because He have Africa in his mind always.
@@michaelojiako5688okay, the whole Fulani agenda just seems like a conspiracy theory.
Your type Always saying nonsense
Bad belle
I don't know why he's going down the memory lane to show all the competitive industries set up by the federal government when all he has done in whatever sector he entered is to destroy the competition. This man is just a hypocrite.
This is the comment I'm looking for
The cement business is open for everyone to invest in.
@@waziriwafedha You will say that won't you? Let us keep trying to run a sprint race with hands and feet tied together.
Haba was he d one responsible for power failure n naira devaluation that affected those companies,he also had failed companies but alas Ur type just hate for no reason
@@krunchfoodsllc3069 you are probably too young to know when Nigeria was thriving in the 1960s with competitive businesses in all industries. Dangote is a symbol of a failed system. Even the beneficiary of a rigged and rotten economic system is complaining. Nothing against the man personally.
Has it not been said before! Go to Tinubu and tell him. Copycats🐈
Envy
Your monopoly market manipulation made every other competing company to leave Nigeria.
Check who's asking for manufacturing rejuvenation
That is not true.. it is a total lie… don’t talk bad about him, if you don’t know what you are talking about .. it was world Bank and IMF’s structural adjustment policies in the 60’s 70’s 80’s and 90’s which destroyed all manufacturing in Nigeria and other African countries… the tried to do the same in Asia, Middle East, Latin and South America countries but failed to certain extent.. because there government fought back strongly against it… All these coups that were taken place in Africa including Latin and South America countries, Asia and Middle Eastern countries countries, was meant to imposed those structural adjustment policies on those countries by force… so if you don’t know your facts, don’t talk nonsense… it is only now that our leaders in Africa started realizing that world Bank and IMF were not advising in good faith but actually doing it in order to promote neoliberal policies across Africa and maintain western dominance on Africa economies… What is Dangote is doing in Nigeria, he is doing it at his own risk… Trust me when I say that… The Nigeria government or Africa leaders as a whole should do everything to protect him at all cost and other industrialists like him… there are forces in the west that don’t want Africa to develop and become self sufficient.. The will do everything including killing people like him, in order to stop those development that he is doing…So if you can help, the list you should do, is pray for him and other like him to continue doing what he is doing..
These same fulanis who plotted coups, pillaged, and destroyed fulanijaria now want us to see them as saviors.
Dangote, you should also stop monopoly too
Anyone can challenge him if they want to.
Besides, if he monopolizes everything, he’d only stifle our growth. There has to be much more competition… like it’s done in China.
Stop saying rubbish,what monopoly does he enjoy,better still go and read what monopoly is and stop missing the term . Instead of blaming Ur politicians who has failed u ,u are here blaming a man employing n been productive.
@@krunchfoodsllc3069 I can see that you are intolerant of negative views of your mentor Dangote. It’s a democracy, you know. Let people have their say.
Nonsense, I am a Ghanaian, and you have no clue how proud I am of him and all those who make his vision of industralisation possible. What he is saying is what it is, if you claim monopoly get your money and go and build industries yourself and come and tell your story.
Companies that produce cement in Nigeria.
Dangote Cement Plc
Lafarge Africa Plc
BUA Cement Plc
United Cement Company of Nigeria Limited (UniCem)
Etc.
The point I’m trying to make is that, dangote does not have a monopoly of cement in Nigeria. You simply prefer buying from dangote. Because he does it better than anybody else.