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Nairaland Forum / Nairaland / General / Business / Dangote Slashes Cement Price Again! (59349 Views)
FG Slashes Import Duties On 115 Items / Cement Price Rises By 44 Per Cent, Hits N2,300 Per Bag / Dangote Slashes Cement Price (2) (3) (4)
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Re: Dangote Slashes Cement Price Again! by richidinho(m): 12:54pm On Feb 09, 2016 |
ok when it is 200 wake me |
Re: Dangote Slashes Cement Price Again! by ademega(m): 12:56pm On Feb 09, 2016 |
building a house for people now is not a priority. no money in the country 1 Like |
Re: Dangote Slashes Cement Price Again! by Nobody: 12:57pm On Feb 09, 2016 |
Price war. Trying to run other cement manufacturers out of business. |
Re: Dangote Slashes Cement Price Again! by unite4real: 12:57pm On Feb 09, 2016 |
Estacy22: it wont crash because there is no competition. Eko Disco will not compete with Abuja disco. as long as you have only one disco in a region, forget competition that leads to price crash 1 Like |
Re: Dangote Slashes Cement Price Again! by emydot(m): 12:57pm On Feb 09, 2016 |
That's what I'm talking about |
Re: Dangote Slashes Cement Price Again! by demosoft: 12:58pm On Feb 09, 2016 |
good old news |
Re: Dangote Slashes Cement Price Again! by davodyguy: 12:59pm On Feb 09, 2016 |
A lot of the people don't understand the gimmick by Dangote. He already enjoys the largest market share in cement trading in Nigeria. He wants to kill competitors. Sell at lower prices than even the imported prices of other competitors, send them out of business and later increase his own price. Dangote keeps doing this every other year. Its fraud and wickedness. 2 Likes |
Re: Dangote Slashes Cement Price Again! by mishody(m): 1:01pm On Feb 09, 2016 |
Order your epoxy and stamped concrete materials like sealants, release agents, antique wash, hardner etc anywhere in Nigeria. Call DOUGLAS JOHN 07067576703 or 09054016081 1 Share
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Re: Dangote Slashes Cement Price Again! by blazetitov: 1:02pm On Feb 09, 2016 |
Estacy22: Beautiful submission. Keep it up. |
Re: Dangote Slashes Cement Price Again! by Mushood: 1:03pm On Feb 09, 2016 |
[quote author=ckmayoca post=42758792]Everytime they say reduction in price, on gettng to the seller it remains the normal price so what is really happening? Currently I think it's 1300 or 1400 not 1800.[/quoso The question is "who is fooling who?" 1 Like |
Re: Dangote Slashes Cement Price Again! by klassic(m): 1:04pm On Feb 09, 2016 |
abu12: You don't understand what he is doing, what dangote event is doing is called market control/price monopoly. Reduce price as production capacity increases. With time, other competitors such as Lafarge and Ibeto, won't be able to cope cos their production capacity is lower than that of dangote. With time, he will drive them out using price and when they are completely out, he will enjoy sole monopoly and can now fix price as e deems fit since there is no rival in the market. We should just be careful. 2 Likes |
Re: Dangote Slashes Cement Price Again! by onatisi(m): 1:08pm On Feb 09, 2016 |
This news is definitely fake. Dangote cement is been sold for 1400,for almost 2 months now . While other brands are been sold for 1300. the price was even reduced to 1000 naira and that is why the retail price is 1300-1400 https://www.nairaland.com/1978771/dangote-cement-now-1000-naira |
Re: Dangote Slashes Cement Price Again! by imsuboi(m): 1:09pm On Feb 09, 2016 |
Estacy22: zombie spotted 1 Like |
Re: Dangote Slashes Cement Price Again! by onatisi(m): 1:13pm On Feb 09, 2016 |
davodyguy: So if you are a business man you will want your competitors to beat you or what?why do you think companies buy over smaller companies or even merge ? 2 Likes |
Re: Dangote Slashes Cement Price Again! by davit: 1:17pm On Feb 09, 2016 |
Guess this is stale news. The last Cement I bought was got at 1300. And that was 2 weeks ago. Please tell us something new. |
Re: Dangote Slashes Cement Price Again! by pat077: 1:20pm On Feb 09, 2016 |
ckmayoca:i don't sell any price reduction here because I've been buying for 1350 since late last year. Maybe it's an old news. |
Re: Dangote Slashes Cement Price Again! by bobo65(m): 1:20pm On Feb 09, 2016 |
aaronson: Don't be a sadist Don't be an optimist Be happy for something for once |
Re: Dangote Slashes Cement Price Again! by davodyguy: 1:21pm On Feb 09, 2016 |
onatisi: of course you have to outsmart your competitors, but not in an unhealthy way like dangote does. DSTV is monopolizing and the TV viewers are the ones suffering. If you as a consumer think it is right, then no problem |
Re: Dangote Slashes Cement Price Again! by EastanPower(m): 1:21pm On Feb 09, 2016 |
ademega: God help us, it is well. |
Re: Dangote Slashes Cement Price Again! by stinggy(m): 1:21pm On Feb 09, 2016 |
Barezzi:I wonder too. Wonder if we all live in the same country |
Re: Dangote Slashes Cement Price Again! by ODUBEZE: 1:23pm On Feb 09, 2016 |
Firefire:Its confusing really! I thought he slashed it lower than that before! There was a time it was sold for a bit above N1000 when did it turn to N1800 again 1 Like |
Re: Dangote Slashes Cement Price Again! by freezze(m): 1:24pm On Feb 09, 2016 |
aaronson: WAILER!!! |
Re: Dangote Slashes Cement Price Again! by Nobody: 1:25pm On Feb 09, 2016 |
bobo65:Thumb up for being a conformist, that's what it takes to be apart of the masses. |
Re: Dangote Slashes Cement Price Again! by okpor2(m): 1:26pm On Feb 09, 2016 |
Estacy22:bros that's a wishful thinking.there is competition In d communication industry.if glo Bleep up u switch to etisalat nd so on.in d cement indutry BUA is now producing so there is competion.in Eletricity there is no competition.I am in Lokoja if I don't like what d Abuja Electricity company is doing where do I switch to?NOWHERE!I can't join Benin nor elsewhere.xo no competition there.xo not d same scenero |
Re: Dangote Slashes Cement Price Again! by Alibesamuel: 1:34pm On Feb 09, 2016 |
aaronson:oh u have made mutual point |
Re: Dangote Slashes Cement Price Again! by soul2soul2006: 1:38pm On Feb 09, 2016 |
Hmmmmmmmm well I tink d man try o,but Oga Dangote pls make it #1000 |
Re: Dangote Slashes Cement Price Again! by onatisi(m): 1:40pm On Feb 09, 2016 |
davodyguy:There is nothing like unhealthy way. If you are financially buoyant enough to muscle your competitor out of the market with with price or quality then you can do it provided you do it legally. Dstv enjoys the monopoly because of their financial muscle,there is no law that stipulates against any new company joining the market. But you will have to compete with dstv in terms of pricing and quality 1 Like |
Re: Dangote Slashes Cement Price Again! by ckmayoca: 1:43pm On Feb 09, 2016 |
rolchi: Lolzz |
Re: Dangote Slashes Cement Price Again! by ckmayoca: 1:43pm On Feb 09, 2016 |
rolchi: Lolzz. It's been 1350 in SW |
Re: Dangote Slashes Cement Price Again! by jarmy: 1:48pm On Feb 09, 2016 |
old news |
Re: Dangote Slashes Cement Price Again! by Muyoatlanta(m): 1:48pm On Feb 09, 2016 |
maximunimpact:....just when people say what goes up never comes down,Dangote is proving them wrong.... well done Africa's richest |
Re: Dangote Slashes Cement Price Again! by Nobody: 1:57pm On Feb 09, 2016 |
Estacy22: If I need capital for expansion,I don't go rob a bank,I would rather float the business or look for more investors,simple. As for dangote there's nothing to celebrate there,that man has rob common Nigerians die,cements are cheapest in every other countries of the world. Ah!!God love poor Nigerians,you take their money for over 20yrs and give them back less than 000.1% and you ll see them jumping up and down singing praises of you. There's God sha. |
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