Shata’s song for Bawa Direba, the master lorry driver from Katsina. Widely considered to be one of Shata’s greatest songs, it includes a 6 minute description of Shata’s odyssey navigating a broken bridge w/ Bawa. Now translated into English on our YouTube.
Accountant General Thief
Attorney General Thief
Minister for Aviation Thief
SGF Thief
CBN Gov Thief.
These are BUHARI’s Legacy.
BUHARI was a calamity that should never had happened to this country.
Business in Nigeria looks simple on paper. But once you enter the field, you'll end up with a bloody nose. You only talked about returns and not additional cost and risks involved
You would have to pay for Shop rent, Salesgirl salary, cost of labor for moving the bags of cement, taxes/levy fees, agbero fees, security, warehouse and insurance.
You also need to learn inventory management. If you overstock, you tie up your capital. If you understock, you lose sales.
Also, many contractors expect you to sell on credit, If they don't pay or delay payment, you can write off some costs as bad debts.
It's also possible that bigger distributors would sell below your cost and your margin would be even lower.
Even the salesgirl might try to steal from your business and collude with customers
You really need to understand the dynamics of any business before jumping into it. it is tough to do business in Nigeria.
So it's better you be a lazy investor if you don't understand how to do business in Nigeria. If not, you'll lose your mind, not just money.
Save your money with platforms like @getladda and get 30% interest upfront if you save for 24 months.
Do Money Market Fund with platforms like @getladda and @ZedcrestWealth and you'll likely be better off.
You'll have N5 million and Twitter investors would be advising you to lock it up in Piggyyvest, mmf on interest of 18% per annum. That'll yield you N900,000 at the end of the year and N75,000 every month.
Very rubbish something. How can you be comfortable getting just N75,000 monthly on a N5 million investment.
Instead of that,
Go to any busy market within your town. Secure a shop. Go straight to Dangote cement and order for a trailer load. As at today, the factory price is N11,700. And there's 300 bags in a trailer load. That's a total of N3,525,000. And they will deliver it cost-free to anywhere you are in Nigeria.
When the cement arrives, you can sell at N12,750 and within a month you can finish one trailer load and make N3,825,000. That'll give you a profit of N300,000 in just that month.
And the interesting thing is that you may not even need to be there. Get a salesgirl and only come around to take stock records.
Within a year, you have N3.6 million Naira profit and a huge portion of your N5 million capital is still untouched.
Everything no be Piggyyvest and MMF. That's for lazy investors.
Aliko Dangote was also a failure.
Some of his notable ventures that he failed at include:
- Textile manufacturing
- Dangote Flour Mills (eventually sold to Olam)
- Dangote Tomato Processing Plant
- Pasta business
- Liberty Merchant Bank
Ironically, after exiting textiles, flour, and pasta, Dangote doubled down on cement, sugar, fertilizer, petrochemicals, and refining businesses that now generate the overwhelming majority of his wealth.
Dangote Cement generated about ₦2.0 trillion in operating cash flow in 2025, which is roughly ₦5.5 billion per day.
Presently, ALIKO DANGOTE is reportedly making over $3 million per day from his oil refinery alone that is about ₦5 billion
Adding cement, Sugar, refinery, fertilizer, logistics etc, Dangote business empire currently generates between ₦25 billion and ₦50 billion in cash inflows per day.
After Mahmud Dantata was released from prison in 1964 for possessing forged currency notes in 1957, he got into hoteling & betting businesses and even converted the then West African Pilgrims Association (WAPA) HQ in Kano into a night club, the largest in Kano then.
Some guy 😅
On his first left is Hadiza Bala Usman. While she was serving as his Chief of Staff, he later recommended her for appointment as the Managing Director of the Nigerian Ports Authority. She was later removed by former President Muhammadu Buhari, but he reinstated her to her former position before leaving office in 2023. She currently serves as the Special Adviser to President Tinubu on Policy and Coordination and is also a member of the Federal Executive Council (FEC).
On his second left is Uba Sani. While serving as his Political Adviser, he was later given the opportunity to represent Kaduna Central in the Senate, and he eventually became his successor as the Governor of Kaduna State.
Today, both are people for whom he made great sacrifices. Yet, while he is in prison, they appear to have distanced themselves from him.
Lesson: In life, the best investment you can make is in yourself.
Credit: Hassan Umar
These students of Olabisi Onabanjo University requested for a N15m investment. They run a loan shark business for university students at 30% interest rate.
After their presentation, it turned into a lecture.
Kyari Bukar asked them about their WACC and they couldn't answer.
Wallahi if you gathered the entire Dantata family in one place, Dangote included, and emptied every account they own, they still would not produce ₦61 trillion, over 40 billion dollars, in CASH. Even Elon Musk, the richest man on the planet, does not have that kind of money lying idle. To raise the $44 billion he paid for Twitter, he had to sell over $20 billion of his Tesla shares, take a $13 billion loan from a consortium of banks, and BEG co-investors for another $7 billion. That is what it takes for the world’s wealthiest man to gather a sum smaller than what you people claim one man in Kano kept in cash. Our problem with numbers is beginning to border on mental illness.
JUST IN!!!
CASH AND PROPERTIES LEFT FOR THE WORLD BY ALHAJI AMINU DANTATA. =Copied=
He left behind ₦61 trillion in cash in both Nigerian and foreign banks. He also left behind 800 petrol stations within and outside Nigeria that do not bear his name, but belong to him.
In Kano alone, he left 500 houses, plus 1,200 plots with only fencing or partial structures, no buildings on them—just empty plots.
He also left 320 houses in other towns across Nigeria and abroad.
He left 280 vehicles in use, and another 120 vehicles that are not in use, just parked.
He left shares worth over ₦30 trillion in companies within and outside Nigeria.
In an interview he granted in 2022, he said he started buying private jets in 1967 at the cost of $120,000 USD. He had 10 private jets, each not worth less than ₦1 billion.
He lived with four wives, had over 45 children and more than 150 grandchildren.
He was buried in Medina, Saudi Arabia according to his wish.
Allahu Akbar🙌