Revenue Allocation in Nigeria 2011

Dangote multitude of Companies is a Nigerian based follow founded by single entrepreneur Alhaji Aliko Dangote, and registered under the Nigerian corporate committal (a regulatory body for registered companies in Nigeria) in 1981. Rumours have it that the order kicked off with an initial capital of just $3,300 as at the time of its incorporation. Their major businesses at the time of their inception were cementum manufacturing, flour and salt refining and rice importation. The company has its central office in one of Nigerias highly commercialised zones (Ikoyi, Lagos state). Dangote Group of Company places a lot of emphasis on a formal system of governance, which is supported by a morose code of control, their reward is closely re later(a)d to performance and similarly meeting of targets. The company has been known for known for zero valuation reserve in poor behaviour and performance. This understandably signified that the company is operating a dictatorial style of leadership. This can clearly be seen as the company has had only one chairwoman/CEO (Alhaji Aliko Dangote), since their inception in 1981. The Chief Executive police officer (CEO) is known for his desire to influence and lead others, his ability to evoke his will unto others, energetic abilities and his self-confidence.

He has the will to carry things done and complete them, also known for his reliability and dependability. This led to a very fast growth of the company and in the late 90s the company was becoming one of the biggest conglomerates in the kingdom. This was achieved by wisely using the political scenario which ravaged the country for so many years to work in their spare. This was make possible by lobbying with the Nigerian government and by gaining the favour of the government they were able to monopolise the cement, flour, salt and rice businesses in the country. This was a wise move by the company the, as they parlayed with the then dictatorial government (military regime) and all other companies who were operating... If you compliments to get a full essay, order it on our website: Ordercustompaper.com

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