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In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan (744 Views)

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In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan by Pengician(m): 10:15am On Oct 19, 2018
In 1977 (41) years ago, Dangote Started Business With N500,000 Loan.
Five hundred thousand naira in 1977 is not having the same value with the current five hundred thousand naira of today. Buhari has finally destroyed the economy of the nation.

Imagine someone who borrowed half a million naira in 1977, who is still toping the chat in Africa as the richest black man in the world.

It is not really about the amount of money you invest in your business. But, the focus, determination, and innovation you invest in it.

There are several individuals who started their business almost the same time with Dangote, some even started with amount of money way more than what Dangote started with. But, they are no where to be found.
SIR A-ONE
Source: http://widestforum.com/investments/in-1977-(41)-years-ago-dangote-started-business-with-n500-000-loan/msg15999/#msg15999
Re: In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan by pacino26(m): 10:41am On Oct 19, 2018
That's equivalent of 50m today. Give me that and I'll create a new chart in 4years.

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Re: In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan by slim75d(m): 10:45am On Oct 19, 2018
500,000 in 1977 is like 200,000000 in 2018
him try sha, some abokis would ve invested that money on kano groundnut pyramid

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Re: In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan by laurel03(m): 2:24pm On Oct 19, 2018
pacino26:
That's equivalent of 50m today. Give me that and I'll create a new chart in 4years.
500million even if its not more than that self.
Re: In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan by Pengician(m): 8:29am On Oct 20, 2018
slim75d:
500,000 in 1977 is like 200,000000 in 2018
him try sha, some abokis would ve invested that money on kano groundnut pyramid

Hmm
Re: In 1977 (41) Years Ago, Dangote Started Business With N500,000 Loan by Pengician(m): 8:30am On Oct 20, 2018
pacino26:
That's equivalent of 50m today. Give me that and I'll create a new chart in 4years.

So sad.

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