I just got a call from the engineer handling my project that he Got a tip off that cement will be increased to 2800 per bag as from next week Monday,already it has increased to 2500,please how true is this cos he's advising I buy as many bags incase it inflates next week Monday cos am in the process of flooring the compound,interlocking and plastering of fence and gate house.

Teebawse:
I just got a call from the engineer handling my project that he Got a tip off that cement will be increased to 2800 per bag as from next week Monday,already it has increased to 2500,please how true is this cos he's advising I buy as many bags incase it inflates next week Monday cos am in the process of flooring the compound,interlocking and plastering of fence and gate house.

Not sure if its going up on Monday but based on your post I went ahead and ordered 50 bags for storage.

I paid N2,350 in Ibadan today but paid N2,150 less than a month ago


+++++

It is I, EgunMogaji aka Egun Anigilaje Oko Afusatu Olobe Iyo, His Excellency GburuGburu 2 of California, sitting pretty @ FTC. Again

EgunMogaji:


Not sure if its going up on Monday but based on your post I went ahead and ordered 50 bags for storage.

I paid N2,350 in Ibadan today but paid N2,150 less than a month ago

As it is he bought for 2500 in Benin today,hopefully it doesn't escalate on Monday as earlier indicated

Let it go to 10,000 naira per bag. Nigerians are docile and loyal ppl even to bad government. MAKE UNA SUFFER WELLA. Since no body calls d govt to order again...

Got a bag for 2700 yesterday in Abuja

Yes

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Dunno who to ask...if I ask Lie Mohammed now, he will say its because of Dollar Increase, but if I ask Femi Adeshina, He will say its because most wholesalers use their money to do MMM so they can't purchase in bulk and have to sell the few they have for a high amount!

wat hasn't increased hen! tell me

Hopefully it doesn't increase.

Paid 2400 for a bag few days ago from 2200, Its well.

Hopefully it doesn't. Its already causing serious back log in the building industry

Na wa oooooo

AfonjasMustDie:


I hope the price of cement increases to 30 thousand naira per bag

And i also want Buhari to rule Nigeria for 100 years

Una never see anything

I don't blame.. I blame Seun that accept that ur stinky moniker... Stop dis rubbish tribalism

livebullet:
Let it go to 10,000 naira per bag. Nigerians are docile and loyal ppl even to bad government. MAKE UNA SUFFER WELLA. Since no body calls d govt to order again...

Wetin this one dey talk sef? U no be person? U no go call the government to order? I beg carry ur person problem comot for nairaland joor.

Dsrooftiles:


I don't blame.. I blame Seun that accept that ur stinky moniker... Stop dis rubbish tribalism

Have you heard of freedom of right of expression ??

I bought recently @ 2250. I heard rumor it will increase soon

Haaaaa... But to be sincere Na person wea Eat dae thing of Building structures naw

It seems last year's inflation will be a learner when compared to this 2017.
God bless us

Nigeria enjoy your change. Buhari is the next thing after bread and butter

I don't see why it should. Cement companies have to give Nigerians cogent reasons for any increase.

Lafarge and Dangote cannot keep passing all kinds of costs to the consumer. The building sector has been slowed down since last year with so many uncompleted projects.

Enough of this rubbish. In a recession sound businesses aim to reduce costs and ultimately prices of their goods. I don't understand this foolishness. Consumers must boycott this products until they realise consumers have the final power.

Integrityfarms:
It seems last year's inflation will be a learner when compared to this 2017.

God bless us

Lol.. Better buy some necessary things especially food items now u have the money and keep

Origin:
I don't see why it should. Cement companies have to give Nigerians cogent reasons for any increase.

Lafarge and Dangote cannot keep passing all kinds of costs to the consumer. The building sector has been slowed down since last year with so many uncompleted projects.

Enough of this rubbish. In a recession sound businesses aim to reduce costs and ultimately prices of their goods. I don't understand this foolishness. Consumers must boycott this products until they realise consumers have the final power.

Lol at bypass. Shebi u de produce your own cement

Is this government cursed? Why is every price seeking an increase? There is a problem o!

If true then Godbless Buhari.....
I mean i complained bout price of local rice being sold for 18,000 here in Portharcourt (i dont know where media got the 12k price though) and someone said its good, that way Nigerians can eat more of locally produced rice.

Well its also good if price of cement increases that way Nigerians can build more of local houses...
where them oya those of you masturbating on the local rice thread, ngwa come and tell us bout Economics again and how the laws of demand and supply affects price. ndi uchu
deji15 Aufbauh Aristo3146 Enice Funnicator murphyibiam15 APCmyheart Fourwinds:

Godbless Buhari biko

They have got zero import duty from the government, why increase in price again

gratiaeo:

Lol.. Better buy some necessary things especially food items now u have the money and keep

I just have to heed to your advice o

FG monopolize everything for this ritualistic Dangote, everything in this goddamn con3 just favoured him, all the raw materials we got it locally all they need to do is to crush it, then why is he selling it on high price, they foldup ibeto so Dangote will have easy sailing, In the
United States, this quantity of
cement sells between $5 and $
6.00
In India, the 50kg bag cost hiked
from RS215 to RS315, that is
between $3.40-5.00. It only
recently increased in cost.
In South African Rands, the bag
sells for an equivalent of $4.50.
In Kenya, the 50kg bag of cement
sells for 450 Kenyan shillings,
that’s about $5.00
We can go on and on. The median
price of this raw material is about
$5 worldwide.
Nigerians pay double. One of the countless troubling
facts about this man Aliko
Dangote is that the brigandage
that he personifies and exploits to
enrich himself at the expense of
the inhabitants of the lower Niger
who rightly own the natural
resources he steals reflects the
culture he was born and
socialized in. Federal government gave Dangote sole
importation rights of many
products, effectively crippling
other businesses to the singular
advantage of Dangote in an
extreme oligopoly. Dangote was
also able to purchase Nigeria’s
assets, including Benue cement,
sold to him at less than half the
value the monopoly Dangote is
given on cement pummeled him
into stupendous wealth as he sells
essential cement at double the
global price to Nigerians, thereby
extorting the nation that made him
in the perhaps the gravest act of
wickedness in history. Dangote
company declares double
quarterly profits from the milking
of Nigerians on every bag of
cement. Nigeria is a scam

MANGAM:
Got a bag for 2700 yesterday in Abuja

Yeeparipa