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Nairaland Forum / Nairaland / General / Business / Dangote Cement Set To Reduce Cost Of Cement (12656 Views)
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Dangote Cement Set To Reduce Cost Of Cement by IjeomaObasi: 12:00pm On Aug 15, 2012 |
To assuage the growing concern over the perceived high cost of cement in the country, leading manufacturer of the product, Dangote Cement Plc has commenced a systematic liberalisation of the product distribution . http://www.thenationonlineng.net/2011/news-update/57690-dangote-set-to-reduce-price-of-cement.html#.UCuAY8gvwXA.twitter |
Re: Dangote Cement Set To Reduce Cost Of Cement by BlackMamba2: 12:11pm On Aug 15, 2012 |
He should be very fast about it ...we need our houses up in no time! |
Re: Dangote Cement Set To Reduce Cost Of Cement by Kobojunkie: 1:24pm On Aug 15, 2012 |
The company and many others were supposed to reduce cost of cement from Naira 2000 something high, down to about Naira 1200 or so last year. Did that ever happen? 1 Like |
Re: Dangote Cement Set To Reduce Cost Of Cement by maigaskiya1: 1:26pm On Aug 15, 2012 |
Black Mamba: He should be very fast about it ...we need our houses up in no time!more grease 2ur elbows dangote |
Re: Dangote Cement Set To Reduce Cost Of Cement by Yuzarsif(m): 1:28pm On Aug 15, 2012 |
Dat wil be very good because cement is course nw i buy it 2000 in my area |
Re: Dangote Cement Set To Reduce Cost Of Cement by MurphyT1: 1:28pm On Aug 15, 2012 |
thumbs up to him, other cement companies shud follow |
Re: Dangote Cement Set To Reduce Cost Of Cement by cyril83(m): 1:29pm On Aug 15, 2012 |
Story story........story! Bunch of thieves 3 Likes |
Re: Dangote Cement Set To Reduce Cost Of Cement by realmscape: 1:30pm On Aug 15, 2012 |
dangote you should have reduced the price before letting your plans known to all them witches & wizards out there.... kuddos sha |
Re: Dangote Cement Set To Reduce Cost Of Cement by wellheads(m): 1:34pm On Aug 15, 2012 |
I don't think dangote really wants to reduce the prices because of his concern for nigerians, but because he has realised that his sales are dropping sharply. An average informed nigerian will never buy dangote cement if elephant cement is available. In the SS too, I think they say Ibeto cement is preferred to dangote (though not sure). Currently, both Dangote and Elephant cements are being sold for N1,850 per bag (in fact elephant is 51kg while dangote is 50kg), and you can see people buy upto 20 bags of elephant before anyone buys dangote. The sellers are now even forcing it on people. I asked someone to supply me 25 bags last week and he brought dangote (because he hasn't sold it in a long time), I bore the pain and money to return them and take elephant cement. |
Re: Dangote Cement Set To Reduce Cost Of Cement by miccheck57: 1:34pm On Aug 15, 2012 |
Does he think we are interested in this cool story... Hw much are u reducing it to?... And wen exactly is the reduction starting?... That's all we want to know... Not all these stunts.... 1 Like |
Re: Dangote Cement Set To Reduce Cost Of Cement by HammedSodiqq: 1:40pm On Aug 15, 2012 |
This will facilitate massive construction works, leading to employment of labour. DANGOTE deserves commendation |
Re: Dangote Cement Set To Reduce Cost Of Cement by realmscape: 1:41pm On Aug 15, 2012 |
wellheads: I don't think dangote really wants to reduce the prices because of his concern for nigerians, but because he has realised that his sales are dropping sharply. An average informed nigerian will never buy dangote cement if elephant cement is available. In the SS too, I think they say Ibeto cement is preferred to dangote (though not sure).ARE U A BRICKLAYER |
Re: Dangote Cement Set To Reduce Cost Of Cement by ceejay80s(m): 1:43pm On Aug 15, 2012 |
Dangote na yeye big man, nigerians no even enjoy his money, go see how much e dey pay his factory workers, na only the manager level dey enjoy |
Re: Dangote Cement Set To Reduce Cost Of Cement by DIG1: 1:47pm On Aug 15, 2012 |
Set τ̅☺, about τ̅☺!!! Action speaks louder, Dangote reduce d price of cement, Απϑ not set τ̅☺, dat will not see d light of d day. 1 Like |
Re: Dangote Cement Set To Reduce Cost Of Cement by ganex: 1:56pm On Aug 15, 2012 |
Same old story,less talk but more action.Callous africans are used 2 talking b4 acting...na wao. |
Re: Dangote Cement Set To Reduce Cost Of Cement by Beync(f): 2:00pm On Aug 15, 2012 |
Set to, abt to, everything is abt to happen in naija. |
Re: Dangote Cement Set To Reduce Cost Of Cement by wellheads(m): 2:05pm On Aug 15, 2012 |
realmscape: @realmscape: I am not a brick layer but working on a commercial apartment that I am building. I use roughly 25 bags of cement every two days on the project for the past four weeks. So I understand to a large extent how cement moves at least in my state. On a lighter note,that ur question funny sha o! |
Re: Dangote Cement Set To Reduce Cost Of Cement by lahips: 2:08pm On Aug 15, 2012 |
....... |
Re: Dangote Cement Set To Reduce Cost Of Cement by manny4life(m): 2:15pm On Aug 15, 2012 |
Dangote is forced to reduce his price because of the "The Ibeto Theory". This theory can be further be explained under Ibetonomic |
Re: Dangote Cement Set To Reduce Cost Of Cement by wellheads(m): 2:16pm On Aug 15, 2012 |
lahips: Dangote's price is really affecting our price,especially onitsha and enugu market (unicem cement) we are basically in d south south and south east region and to think my boss is not looking well at the market analysis coming in from the sales men in the market,instead of reducing the price he gave a conditional rebate,well i prayyyyy the price gets reduced,as it will do everyone good.especially this raining season when cement demand is always low. how much is dangote, elephant and unicem in your state? |
Re: Dangote Cement Set To Reduce Cost Of Cement by Chyz2: 2:20pm On Aug 15, 2012 |
You all should be thanking Ibeto for fighting and breaking Dangote's monopoly in cement and also thant the FG for dismissing dangote's anti-competitive complain about Ibeto. Dangote is not lowering to price because they are being nice to the citizen's, they are doing it out of pure competition against Ibeto to prevent a huge loss in the industry for them. |
Re: Dangote Cement Set To Reduce Cost Of Cement by ismhab(m): 2:25pm On Aug 15, 2012 |
STORY-STORY. 1 Like |
Re: Dangote Cement Set To Reduce Cost Of Cement by princemmab(m): 2:34pm On Aug 15, 2012 |
cyril83: Story story........story! Bunch of thievesTell'em |
Re: Dangote Cement Set To Reduce Cost Of Cement by princemmab(m): 2:36pm On Aug 15, 2012 |
Chyz*:True talk. Diplomacy |
Re: Dangote Cement Set To Reduce Cost Of Cement by princemmab(m): 2:38pm On Aug 15, 2012 |
Beync: Set to, abt to, everything is abt to happen in naija.Not everything, some things has happened already eg corruption, embezelment among others |
Re: Dangote Cement Set To Reduce Cost Of Cement by apala911: 2:48pm On Aug 15, 2012 |
Let dangote reduce the cost of cement ooooo, some of. Us wan build houses |
Re: Dangote Cement Set To Reduce Cost Of Cement by Nobody: 2:56pm On Aug 15, 2012 |
Thanks to IBETO 1 Like |
Re: Dangote Cement Set To Reduce Cost Of Cement by sylve11: 3:08pm On Aug 15, 2012 |
Black Mamba: He should be very fast about it ...we need our houses up in no time! u took that outta my mouth. |
Re: Dangote Cement Set To Reduce Cost Of Cement by eastman11: 3:11pm On Aug 15, 2012 |
Dangote did not say he is reducing the price of Cement, he only said he has liberalized distribution by building more warehouses and buying more truck for distribution which will make the product more available and hopes this will eliminate scarcity, by so doing the price of cement will remain as it is presently as it may not go up to N2000 again. Note that the price of cement is currently between N1700 and N1850 because we are in rainy season and the demand is low so distributors and retailers have to reduce their profit margin in order to sell. The company price of one bag of Elephant Cement/unicem is N1600 while Dangote is N5,545. Dangote is producing more than they are selling at the moment because of the rainy season and they are devising a means of flooding the market with there excess products, after rainy season when the market picks up there is no guarantee that they will be able to satisfy the demand and we may go back to status quo. The man is not doing any thing to cut down cement price otherwise he should have announced price reduction may be to N1,300. 1 Like |
Re: Dangote Cement Set To Reduce Cost Of Cement by Showab: 3:15pm On Aug 15, 2012 |
I bought Unicem cement yesterday in Calabar @ N1,650/ bag. |
Re: Dangote Cement Set To Reduce Cost Of Cement by lahips: 4:05pm On Aug 15, 2012 |
....... 1 Like |
Re: Dangote Cement Set To Reduce Cost Of Cement by crackhouse(m): 4:12pm On Aug 15, 2012 |
Ibeto all the way. Reliable and cheaper too. Dangote have enjoyed enough monopoly in the past and now he want to reduce the price b/cos of competition. Thanks to Gej's govt and No Thanks to OBJ's govt |
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