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Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement (27560 Views)

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Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by nairalanda1(m): 7:52am On Aug 29, 2023
correctguy101:


Even if....

The problem is not with the manufacturer. It's mostly with the government.

If not for criminal mindedness, I don't see why any government will allow Monopoly of any form in their business sectors. I'm even of the mind that a government should have a measure of a stake in various sectors to effectively regulate whatever and if not, their should be rules in place to protect the sector from such greedy bloodsuckers.

But hey, na our own gofament dey secretly run the show. Even his refinery has their greed infested fingers wrapped all over it. They don't want to put the effort but will later come out tomorrow and call themselves investors.,smh


BUA, AND LAFarge and even Ibeto would like to have a word with you about the monopoly thing?

Dangote is not running a monopoly.

3 Likes

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by MichaelSokoto(m): 7:52am On Aug 29, 2023
Ballmer:
The monopoly should be given to Ibeto or Innoson before your foolish soul can rest so you can brag about being super foolish ba



1 Like

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by LONEWOLFJOHN: 7:53am On Aug 29, 2023
KingLennon:
He has forgotten that few years ago, a bag of cement was 900 naira sad





But no be that one concern me sha, who saw the exchange rate between Naira and CFA? sad. Have you seen how far we have fallen?
very unfortunate, who is still calling Nigeria giant of Africa?
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by complexstuffs(m): 7:53am On Aug 29, 2023
nairalanda1:



The reason why things made in Nigeria are expensive are due to these factors

1.Cost of doing business in Nigeria

2.Dangote and Innoson have to pay competitive salaries....

3.For Innoson, most of the small components that go into his car are made abroad. That means he has to import and import...and that adds to cost. (That's why Nigeria has to support more vocational and technical education, and more small scale industries that make the stuff. But the way we do not support technical education in this country self...)

4.For Dangote, most of the components and machines used to make cement come from abroad, and have to be maintained by people from abroad. Cost goes up.

5 Power supply too.



I know all of that. I have a first degree and masters in engineering and I have been in production for over 15 years.


My issue is with those attacking Dangote but not saying anything about Innorson motors

1 Like

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by FuckTheMod: 7:53am On Aug 29, 2023
nairalanda1:



The reason why things made in Nigeria are expensive are due to these factors

1.Cost of doing business in Nigeria

2.Dangote and Innoson have to pay competitive salaries....

3.For Innoson, most of the small components that go into his car are made abroad. That means he has to import and import...and that adds to cost. (That's why Nigeria has to support more vocational and technical education, and more small scale industries that make the stuff. But the way we do not support technical education in this country self...)

4.For Dangote, most of the components and machines used to make cement come from abroad, and have to be maintained by people from abroad. Cost goes up.

5 Power supply too.
I understand innoson but don't make any excuse for DANGOTE. There's no big deal are high technology required to produce cement. It's just limestone.
You only dig and grind.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by TheDemola: 7:54am On Aug 29, 2023
taylor88:
Dangote is more evil than Buhari and Tinubu combined

This man’s greed of monopoly is out of this world

Dangote is the real problem of Nigeria

Hushpuppi no launder money pass Dangote

He’s worth $13billion but only his refinery is $19billion

Don’t come here to tell me about loan

80% of that refinery money doesn’t belong to dangote

Na all these evil politicians get am

You nailed it

1 Like 1 Share

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by nairalanda1(m): 7:55am On Aug 29, 2023
FuckTheMod:

I understand innoson but don't make any excuse for DANGOTE. There's no big deal are high technology required to produce cement. It's just limestone.
You only dig and grind.

And the machines for digging and grinding are not made in Nigeria.

Plus it is more than digging and grinding

Finally, Dangote has to pay salaries...competitive salaries, because some of his workers too may want to jakpa.

1 Like

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by complexstuffs(m): 7:56am On Aug 29, 2023
Mayeldah:


Have you built or building your own house? If you are you won't type this. Be careful, everything is not politics or tribal banters.

Bitter, hateful, bigoted IPOB spotted.


How much is Innoson motors?
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by Villa12(m): 7:56am On Aug 29, 2023
Dangote is milking Nigerians
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by Allisgud: 7:57am On Aug 29, 2023
Why must he sale a cement for #4640 in a country where he gets the raw material,is the raw material imported Nigeria should also ask this question,govt should open border for cement to come jare,their will be competition
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by TheCongo2: 7:58am On Aug 29, 2023
cidieschat:
This country has favoured this man, because of him Importation was ban, so we have just his goods to buy... I won't be surprised that the refinery isn't working to favor him alone

Don’t you think that this is how countries should boast its local businessman
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by complexstuffs(m): 7:58am On Aug 29, 2023
Antoeni:
Dangote is Inhumane, He is Satanic


Hateful, envious and bitter IPOB everywhere.

What of Innoson that sells his cars far more than imported brand new ones. He is an angel abi. After all Innoson is Igbo and Dangote is Fulani

1 Like

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by Ykc2(m): 7:59am On Aug 29, 2023
NutritionGuru:
Now, he's explaining, I thought he used to think he's bigger than Nigeria. President Tinubu is really cutting these People that have sucked Nigerian Economy dry for over half a Century to size.
not only tinubu is cutting them what of shekau ? tinubu ko tinko ni ,tinubu is more corrupt that than easy politician in nigeria
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by ThiefnubuBandit(f): 8:01am On Aug 29, 2023
NutritionGuru:
Now, he's explaining, I thought he used to think he's bigger than Nigeria. President Tinubu is really cutting these People that have sucked Nigerian Economy dry for over half a Century to size.

Shut up!!! Ignoramus. Africa has remained backward because most its citizens, including the young ones, reason below animals.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by arantess: 8:02am On Aug 29, 2023
And people think his refinery, if it starts production will make fuel cheaper..
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by ocdeut(m): 8:03am On Aug 29, 2023
KingLennon:
He has forgotten that few years ago, a bag of cement was 900 naira sad





But no be that one concern me sha, who saw the exchange rate between Naira and CFA? sad. Have you seen how far we have fallen?
The exchange rate is what caught my attention. Unbelievable. In 2013, I went to Benin with #5000 naira and change it to CFA to buy goods there. Bro I was with almost 22k CFA.
This is just too ridiculous
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by Tzar(m): 8:03am On Aug 29, 2023
Dangote is a government sponsored billionaire scam! I realized it with his rubbish and elusive refinery.
I don’t think Dangote means well for Nigeria and Nigerians, so people looking up to him to make patriotic decisions are just wasting their time. His main motivation in life is to retain his position as richest Nigerian and African.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by NOwazobia: 8:06am On Aug 29, 2023
NutritionGuru:
Now, he's explaining, I thought he used to think he's bigger than Nigeria. President Tinubu is really cutting these People that have sucked Nigerian Economy dry for over half a Century to size.
You must find a way to ass lick your coven grand master. undecided


Nutrition Guru that lack mental Nutrition...
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by kareemkamil(m): 8:08am On Aug 29, 2023
Monopoly without consideration of ur people. Very terrible.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by Mayeldah(m): 8:08am On Aug 29, 2023
complexstuffs:


Bitter, hateful, bigoted IPOB spotted.


How much is Innoson motors?

I don't have your time, you think everyone else is Ibo on this forum.

I guess you are still renting, do you know what it costs to build now because of high cost of cement? Wake up bro, this sort of monopoly favours no one!
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by maestro299: 8:08am On Aug 29, 2023
Moyinoluwa35:
Joke aside islam is contributing 98% of problems to the world 🌎
How far? Were you successful in traveling out?
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by complexstuffs(m): 8:08am On Aug 29, 2023
TheGift:


Dangote the side chick of the Nigerian government , who cannot succeed in any business unless he gets government support. Continue, your cup will soon be full.


You forgot to mention the following. companies draining Nigeria

Ibeto cement
Innosron motors
Air Peace

Because they are IIGB0 owned you maliciously ignored them

1 Like

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by complexstuffs(m): 8:09am On Aug 29, 2023
Mayeldah:


I don't have your time, you think everyone else is Ibo on this forum.

I guess you are still renting, do you know what it costs to build now because of high cost of cement? Wake up bro, this sort of monopoly favours no one!


Shameless IPOB everywhere.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by Easylife1234: 8:11am On Aug 29, 2023
Hmmm
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by waledeji(m): 8:12am On Aug 29, 2023
taylor88:
Dangote is more evil than Buhari and Tinubu combined

This man’s greed of monopoly is out of this world

Dangote is the real problem of Nigeria

Hushpuppi no launder money pass Dangote

He’s worth $13billion but only his refinery is $19billion

Don’t come here to tell me about loan

80% of that refinery money doesn’t belong to dangote

Na all these evil politicians get am
You go explain tire.

By the time you check your mental balance in the next few months, nobody would tell you to quit nairaland

1 Like

Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by nineville(m): 8:13am On Aug 29, 2023
KingLennon:
He has forgotten that few years ago, a bag of cement was 900 naira sad





But no be that one concern me sha, who saw the exchange rate between Naira and CFA? sad. Have you seen how far we have fallen?


So sad & appalling that Benin Republic has a buoyant economy compared to home nation if you consider the very fast pace that the currency loses value. Not long ago we were talking of 1Naira to 3x west africa CFA
Apparently, that's the real-time summary of the whole story.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by Gilgil: 8:14am On Aug 29, 2023
They compare the prices in other countries without comparing the massive deposits of limestone, gas and other raw materials for making cement in Nigeria versus other countries
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by CodeTemplar: 8:14am On Aug 29, 2023
If true,why not export and earn forex? Why jostle for forex with screwdriver importers.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by chatinent: 8:15am On Aug 29, 2023
For those who didn't notice, CFA is now bigger than Naira.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by complexstuffs(m): 8:15am On Aug 29, 2023
nairavsdollars:
A Government is coming that will deal with Dangote


PANDORA the Twitter president abi
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by asanausana91: 8:16am On Aug 29, 2023
NutritionGuru:
Now, he's explaining, I thought he used to think he's bigger than Nigeria. President Tinubu is really cutting these People that have sucked Nigerian Economy dry for over half a Century to size.
the mumu president is only killing the poor.
Re: Our Prices In Nigeria Are Lower Than Neighboring Countries - Dangote Cement by casualobserver: 8:18am On Aug 29, 2023
taylor88:
Dangote is more evil than Buhari and Tinubu combined

This man’s greed of monopoly is out of this world

Dangote is the real problem of Nigeria

Hushpuppi no launder money pass Dangote

He’s worth $13billion but only his refinery is $19billion

Don’t come here to tell me about loan

80% of that refinery money doesn’t belong to dangote

Na all these evil politicians get am

You are clearly daft. If I have zero and I borrow 1m to buy a car, am I worth 1m or zero?

If I have 13m and I borrow 10m and use some of my money to build a house for 19m, how much am I worth? If your answer is not 13m you have wasted your time in school. Unless that house appreciates or I start to pay off my loan with rental income from that property, I am still only worth 13m because the rest of the value of the 19m house is debt.

1 Like

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