Eze Igweogboffia
911 posts

Eze Igweogboffia
@OraqRoyale
Retail Consultant. Community Developer. Technology Enthusiast. Civil Liberty Advocate. Senatorial Aspirant Ebonyi South 2019. Igbo Samurai
Lagos Katılım Mayıs 2012
451 Takip Edilen249 Takipçiler

@realFemiOtedola It is the puppet masters in the West that are responsible for the woes of African businesses and economies. Call a spade a spade
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This whole issue on Dangote is shocking and creating bad waves for Nigeria globally. - Akinwunmi Adesina
Monopoly often exists where there are high barriers to entry or high capital costs.
How many individuals or companies can do railways? How many can do refineries of the scale of Dangote Refineries?
In a nation that has been importing refined petroleum products for several decades, the abnormal simply became very normal.
No smart investor would make a $19.5 billion investment and want it to be undermined by importers.
To manufacture is extremely expensive and risky. This is even more so in Nigeria, given the very challenging business and economic environment, fraught with policy uncertainties and policy reversals, and where the self-defeating default mode of “simply import it” is always so easily rationalized and chorused to solve any problem.
Competition is good for everyone. But is Dangote refineries anti-competitive? What is the evidence?
Has Dangote refineries prevented any other company from setting up refineries? Why have others not done so? How come they have not done so for several decades? Was it Dangote that held them back?
But Dangote refineries surely cannot be asked to ‘compete’ with importers of petroleum products.
That is not competition. Let the importers set up local refineries and compete by refining in Nigeria. That is fair and justified competition.
We cannot and must not undermine, disparage or kill local industries, talk less of one that is of this scale — a jewel of industrialisation in Nigeria.
It is more than simply delivering the cheapest product to the market. It is about domestic supply security, driving (and yes, protecting) globally competitive industries, maximizing forward and backward linkages in the local economy, job creation, reducing forex expenses and shoring up the Naira.
We must not be myopic.
This whole disparaging of Dangote is uncalled for. It is self-defeating. And it is very bad for Nigeria. Who will want to come and invest in a country that disparages and undermines its own largest investor?
Investing is tough. Pettiness is easy.
It sadly sends a signal that the price for sacrificing for Nigeria is to get sacrificed.
Akinwunmi Adesina
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Our Country is in a mess, no doubt, but we are a bigger mess giving up on our own mess. Let's clean it up. #MakeNigeriaGreat #DOPEmantra
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Dear @TadyesSol,
Thank you for your feedback. In direct answer to your question, I get a lot of my history from official Hansards of the Parliament of the United Kingdom, where I worked from 2002 to 2003, and still have access to. I do not talk or write without the strong backing of documentary evidence.
Sir Louis Odumegwu Ojukwu was a wealthy man. However, he was neither a billionaire nor, at any point in time, the wealthiest man in Nigeria.
For example, Sanusi Dantata, the son of Alhaji Alhassan Dantata, was acknowledged by Time Magazine as the wealthiest person in Nigeria by 1965. You may want to read it here by yourself content.time.com/time/subscribe…
His father was also the wealthiest man in West Africa before he passed away.
Sir Louis Odumegwu Ojukwu was next. However, due to the Nigerian Civil War, he lost much of his wealth. But irrespective of the war, he was not the wealthiest man in Nigeria.
Having a Rolls Royce neither makes you a billionaire or the wealthiest person in Nigeria. Many rich people then and now do not indulge in such ostentatious lifestyles.
For example, the Time Magazine article, which I gave you the link to, also mentions Mobolaji Bank Anthony as one of the wealthiest men in Nigeria as of 1965. Yet, despite having such stupendous wealth, Mr. Bank Anthony did not buy himself a Rolls Royce. What he did with his money was to build a series of free hospitals, which he donated to the Lagos government, including the Ikeja General Hospital, and the National Orthopaedic Hospital, Igbobi.
You may be confusing loud ostentatiousness for wealth.
Eight persons were mentioned as the wealthiest people in Nigeria by Time in 1965. They include:
Sanusi Dantata, 46
Odumegwu Ojukwu, 66
Mobolaji Bank-Anthony, 59
Emmanuel Akwiwu, 43
Shafi Lawal Edu, 54
Timothy Adeola Odutola, 63
Ade Tuyo, 63
Bayo Braithwaite, 36
Of the eight, five were from the Lagos-Ogun axis. One was from Kano. One from Port Harcourt, and one from Nnewi.
I hope this helps you understand history better.
Thanks again, and may God bless you.
#TableShaker

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@JasonNjoku Happy Birthday Champ and thanks for being such a great inspiration to many. Have an amazing one. Ya Gazie
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We were delighted to have Minister @McConalogue in Lagos for the launch of the new #FriendsofIreland 🇮🇪 in Nigeria🇳🇬 network yesterday while here on his trade mission. The network will help to continue and strengthen the deep ties between Ireland and Nigeria.



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@FinGovernment cc @FinlandinEU @MKeinanen Voicing Christian beliefs should not be a crime! #StandWithPäivi @CitizenGO citizengo.org/en-af/rf/21161…äivi_Räsänen_Defen-Paivis_Trial.07_AA_Relaunch_3&utm_content=typage
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The rain won’t deter Nigerians from voting! Reaction from voters when they spotted the EU Ambassador to Nigeria and ECOWAS, Ambassador Samuel Isopi @SamuelaIsopiEU at their polling unit in #Abuja
#2023Elections
#NigeriaDecides2023
#EU4Democracy
#NigeriaElections2023
#EUSDGN
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There’s so much wrong with Nigeria, but tomorrow let’s go to the polls and fix leadership #Obidients #ObiDatti2023
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We finally did turn up for Daddy Iyke @70!! Happy Birthday once more Daddy and have an amazing. Thanks a lot to the Guys who made this happen. instagram.com/p/Clf8cagsD-a/…
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@MoghaluKingsley @KwankwasoRM @officialABAT @PeterObi Assuming the elections are not rigged as has always been the case
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I predict @KwankwasoRM will win majority of Kano votes in the presidential election. @officialABAT will likely win in Lagos, and @PeterObi will likely win in Rivers. Three of the four most populous voting states in Nigeria.This scenario leaves the election outcome uncertain.
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@JasonNjoku @MrsMaryNjoku Congrats Guys! Have an even more amazing life.
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Just posted a photo @ Ebonyi State Ababkaliki instagram.com/p/Ce-hqfJsicq/…
Abakaliki, Nigeria 🇳🇬 Polski
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Watch out for Africa’s Biggest Giveaway - The Homewin Promo Launching on 01.05.22. Log onto playhomewin.com and start to Win Big!! Don’t be left out when the time comes @ Ikoyi Awolowo Road instagram.com/p/CcQMCWXsEQm/…
Lagos, Nigeria 🇳🇬 English

8 ways Africans can earn from business franchising africa.businessinsider.com/local/careers/…
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