bigiyaro:
Mr op, i think oda competitors can very well afford d new price. Moreover if a few thousand should lose their jobs for a few million to get their personal homes, its worth the hazzel

BlackPeni5:
What is this OP saying...I think most people criticize just because they can. Even if it affects the competitors, the major beneficiaries will be the consumers which is my primary concern. Let us enjoy it while it lasts because when they increase it again, wahala go dey.

Danfoditee:
hmmmmm

smada13:



what you are simply after is the short term benefit.... what of the long term effect? are you really thinking very well? be sincere to yourself, are you building presently? how many do you know that are building? why are you seeking after your own good not minding whose ox is gored?

smada13:
As news filtered in about the reduction in the price of Dangote cement, a greater number of people were in jubilant mood citing its positive effect on cost of building.

But in the real sense of it, how many will benefit from this?, how many people have that capability to even rent apartments they desire more or less buy land and build on it? is the current state of things in the country giving credence to the cement price reduction? will the masses not be at the receiving end in the long run through unemployment through the inability of other firms to compete? are Nigerians a forward thinking people? is the said Capitalist ( dangote) not after his own personal good and not collection good? Why is it only dangote that reduced his cement price? what is the position of the other cement producing and importing firms? Why is the FG not carrying other firms along in its plans to reduce housing deficit?


These and many more are questions begin for answers.

THINK! NIGERIANS THINK!


Like SOLA SALAKO wrote on her Facebook page:



"Obviously, this is another move in the attempt to
stifle competition coming on the heels of getting SON
to regrade cement classification in its favour via
political patronage.

While this seems like a benefit for consumers in the
short term, I fear it is very inimical to growth in that
sector in the long term. The few competing brands
may eventually close down if they don't survive the
price war after emerging bruised from the pseudo
classification battle. More unemployment looms...

Just as Dangote has the singular power to determine
pricing downwards, who will challenge him when he
pushes price to N3,000 after he has successfully run
competition out of the market? This is akin to a rat
nibbling away at your feet and blowing soothing air so
you don't feel it...until it hits blood!

Nothing to rejoice about here if we are long term
oriented people. Unfortunately, Nigerians are not,
so...."

BlackPeni5:


Long term wetin...What long term benefit have I ever enjoyed from the lousy policies of governments over the years. This is capitalism, you must do whatever you need to survive. Improve your quality, reduce your price, render better services, etc etc but you must do something rather than always rely on government to control everything.

Whether I'm building now or not is not important, at least some Nigerians will benefit. Most people are complaining simply because it will not affect them directly. i.e. They are not building.

ducii:



What you don't understand is if he pushes the prices upward his competition will just come back in.

sleekpro:
Mr op, pls don't come and spoil our FRESHAIR with your NEGETIVE thinking.

Its ppl like you that goes blind to any good thing happening in negeria under GEJ's govnmt.

Have u ever buoght cement below 1k since 1999?



Even if cement becomes FREE, ppl like you will still complain, because na GEJ lead govnmt!



GEJ till I buy land biuld house!

If you agree LIKE jor!

smada13:


when the competitors will have been forced out of the market right? You really don't understand the dynamics of market activities and rationales behind each market decisions.

You need to for more of market research bro

ducii:


What do you mean I work in an investment bank, that decision was made by Dangote to increase his market share. Even at N1,000 they will still be making profit. At this level Dangote makes about N400 per bag while Larfage Wapco makes about N200 per bag and CCNN is at break-even at this point.

smada13:



please show me the link where you got your facts from bro....let's see the chart.....

why is it that it's only Dangote that announced the decrease? we'll see the effect on other firms in the coming days...

shift15:
People with the mindset of the Op are the reason why many felt Nigeria is not moving forward.
Maybe because they live is penury because of their laziness, they thought everyone lives in poverty like them.
For your information, Op, there are more cars on Nigeria road in the last 4 years than it was before, what does that tells you?
There are more houses being built all over Nigeria than they are before, just go to Lagos-Ibadan expressway and see for yourself, go to Mowe and see. Go to Igwuruta in PHC and see, go to Airport Road in Owerri and see new places being developed. Go to Abuja-Keffi Road and see more settlement coming up.
Don't sit in your penury and assume everyone lives in poverty.

ducii:


BUA just announced. the owners of CCNN just announced that they are following suit.

smada13:



stop dwelling on hearsays.... show me the link guy...

birds of a feather.....

smada13:



stop dwelling on hearsays.... show me the link guy...

birds of a feather.....

ducii:


If you take your time to do a little bit of research it will do your world a lot of good.
here is your link it took me 30 secs to get.

http://www.thisdaylive.com/articles/bua-group-throws-its-weight-behind-cement-price-reduction-commends-dangote/193185/

mex22:
THE OP IS THE AREA SALES MANAGER OF A CEMENT CO.I GUESS.YOU CAN IMAGINE WHAT A SO CALLED LEARNED INDIVUDUAL IS WRITING.JEEZ.LET THE PRICE OF CEMENT BE 10K PER BAG SO AS TO SUSTAIN COMPETITION.RETARD!

omowolewa:
The price of any product is determined by a number of factors, not the production cost only.

One of the factors is the price of a market leader which Dangote like Cocacola is one. I am sure they can't sell below the cost just to out smart competition; it must have been what is obtainable within the industry.
Its just a reflection of the fact that the price has been somehow over priced before this time.

So op should relax except if you are only concern about you super profit.

smada13:


everything is about politics...who is Dangote? who is BUA?.... still birds of a feather....they are the same.

the state of the economy will tell in weeks time