Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,194,540 members, 7,955,003 topics. Date: Saturday, 21 September 2024 at 02:12 PM

Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC (27292 Views)

Killing Of Soldiers: Perpetrators Must Face The Full Wrath Of The Law - Onanuga / Godwin Emefiele, A Beast Must Face Full Wrath Of The Law – Fani-kayode Brags / Minimum Wage Above N22,500 Will Lead To Inflation, Says Group (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Nobody: 11:41am On Nov 09, 2020
LegendAnselm:
dangote is working with government to make we nigeria suffer. The price of dangote cement in ghana is 1k. Hw come we ar buying it here more than 2500? Dangote is a bank saving some politician money to avoid been probe. Even the new refinery is being buit by politician in the name of dangote. To avoid being probe. Nigeria should wake up
How can Nigeria wake up when you pull out all what you wrote up there from your ass.

1 Like

Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Gavel(m): 11:41am On Nov 09, 2020
I bought bags of cement for 3800 per bag today. The price is way too high and the Competition and consumer protection commission really needs to wade into this anomaly across the country.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Paretomaster1(m): 11:41am On Nov 09, 2020
Amotolongbo:
#2500 is too high for a bag of cement.

A bag should cost less than 1000naira.

While we were importing, we know how much we did buy it. Now that we produce and export, see the price.

Does Dangote want to tell us that he sells Cement at the high price he sells to Nigerians the cement exported out of Nigeria?
Cos it baffles me how he competes with cement producers outside Nigeria if he sells his exports so high like he does in Nigeria

Perhaps he is using our own money in Nigeria to subsidize the cements he sells outside Nigeria

Please research well before you comment, Cement is more expensive in Ghana, Niger republic, Chad, etc.

Besides, Dangote didn't increase the price of cement, only our greedy middlemen does...

2 Likes

Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Donedeal1(m): 11:41am On Nov 09, 2020
When are we going to do things like it's done in same clime, are you subsidizing the entire process, how much is factory price plus other expenses, how will it go for that price if it cannot accommodate the overhead involved?.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by MsAllison(f): 11:42am On Nov 09, 2020
Amotolongbo:
#2500 is too high for a bag of cement.

A bag should cost less than 1000naira.

While we were importing, we know how much we did buy it. Now that we produce and export, see the price.

Does Dangote want to tell us that he sells Cement at the high price he sells to Nigerians the cement exported out of Nigeria?
Cos it baffles me how he competes with cement producers outside Nigeria if he sells his exports so high like he does in Nigeria

Perhaps he is using our own money in Nigeria to subsidize the cements he sells outside Nigeria
Dangote is a filthy criminal
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by OyinO: 11:42am On Nov 09, 2020
IamWonderful:
In Abia?I blame Obasanjo that played us into the hand of Dangote, he promised cement wouldn't be sold more than 600 naira then but the price never go down beyond #1400 then, when he ban the importation of cement which suppose to good for our economy but it actually didn't help us in anywhere

OBJ is a glorified failure. He should keep quiet and watch things unfold until he joins his ancestors because he is one of the destroyers of Nigeria's destiny.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by adenigga(m): 11:43am On Nov 09, 2020
Audio threat!!!

Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by chloride6: 11:43am On Nov 09, 2020
Lmao...

In a free economy?
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Paretomaster1(m): 11:44am On Nov 09, 2020
LegendAnselm:
dangote is working with government to make we nigeria suffer. The price of dangote cement in ghana is 1k. Hw come we ar buying it here more than 2500? Dangote is a bank saving some politician money to avoid been probe. Even the new refinery is being buit by politician in the name of dangote. To avoid being probe. Nigeria should wake up

Ewooooo! Price of Cement 1k in Ghana, u must be high sir...... Why are we like this? Deliberately misleading the masses, and spreading fake news..

E beru olohun na.....
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Equal2DeTask(m): 11:46am On Nov 09, 2020
OlujobaSamuel:
We sell for ₦3000/₦3100 here, come and beat me, idiot.
The cement is not even available, you now have to wait for a week or more to receive your order.
Have you also checked price of feeds(poultry and fish), I was forced to borrow despite not making enough sales just to keep the business floating. You dey craze


Greedy Mofo spotted!


Person like you can never make a good leader....
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Harddiskng(m): 11:48am On Nov 09, 2020
Amotolongbo:
#2500 is too high for a bag of cement.

A bag should cost less than 1000naira.

While we were importing, we know how much we did buy it. Now that we produce and export, see the price.

Does Dangote want to tell us that he sells Cement at the high price he sells to Nigerians the cement exported out of Nigeria?
Cos it baffles me how he competes with cement producers outside Nigeria if he sells his exports so high like he does in Nigeria

Perhaps he is using our own money in Nigeria to subsidize the cements he sells outside Nigeria

Sister God bless you for this post. Amen.

Cc: Uruba23
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by chrisxxx(m): 11:50am On Nov 09, 2020
LegendAnselm:
dangote is working with government to make we nigeria suffer. The price of dangote cement in ghana is 1k. Hw come we ar buying it here more than 2500? Dangote is a bank saving some politician money to avoid been probe. Even the new refinery is being buit by politician in the name of dangote. To avoid being probe. Nigeria should wake up
Cement is more expensive in Ghana than in Nigeria.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Rugaria: 11:55am On Nov 09, 2020
Ugonna62:
women with prolaps or wide vagina lips should call us on 08132296513.for final solution

Ugonna
Aka apùkwana gî...
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by MondayOsunbor(m): 11:55am On Nov 09, 2020
Wisdomkosi:
Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC

By Wisdom Nwedene

The Consumer Protection Council, CPC, Abia State Chapter has warned Cement dealers not increase price of cement during and after the #ENDSARS Protest.

The Agency said anybody that is apprehended selling cement above 2,500 naira which is the official price in Abia State will face the full wrath of the law.

A statement made available to IGBERE TV, signed by Sir Nnabugwu Chidi, Chairman of CPC also said that the commission is making it known to the general public that hoarding of products to influence the price is a crime and against the laws of the FEDERAL COMPETITION AND CONSUMER PROTECTION COUNCIL (FCCPC) and such act will attract sealing of the shops, stores or warehouses and other Court action too.

The statement reads,

"In accordance with the good governance of DR.OKEZIE IKPEAZU (PhD), the consumer protection council has frowned on the report that cement dealers in Abia State hicked the price of cement during and after the #ENDSARS PROTEST."

"The commission in further inquiry with major cement companies was made to know that cement did not add any price from the companies."

"During investigations, the commission found out that middle men (DEALER'S/ DISTRIBUTORS) was behind the unbearable hick of the price of cement from N2,550 Naira to N4,500 Naira."

"The consumer protection council is making it known to the general public that cement is to be sold at it's normal price and anybody caught selling cement above N2,550 Naira from Monday 9/11/2020 will not only get his shop, store or warehouse sealed, but will also face the Court of law with immediate effect."


"Also, the commission is making it known to the general public that hoarding of products to influence the price is a crime and against the laws of the FEDERAL COMPETITION AND CONSUMER PROTECTION COUNCIL (FCCPC)
and such act will attract sealing of the shops, stores or warehouses and other Court action too."

"The Chairman of the consumer protection council in his statement advised the good citizens of Abia State to remain calm in the trial period and keep faith with the government of DR.OKEZIE IKPEAZU."

Source: https://igberetvnews.com/1370950/anybody-caught-selling-cement-n2500-will-face-full-wrath-law-cpc/

na lie if i buy cement 3800 if i like i go sell am 6000 sef if u no like am go else where
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Nchenches: 11:55am On Nov 09, 2020
Amotolongbo:
#2500 is too high for a bag of cement.

A bag should cost less than 1000naira.

While we were importing, we know how much we did buy it. Now that we produce and export, see the price.

Does Dangote want to tell us that he sells Cement at the high price he sells to Nigerians the cement exported out of Nigeria?
Cos it baffles me how he competes with cement producers outside Nigeria if he sells his exports so high like he does in Nigeria

Perhaps he is using our own money in Nigeria to subsidize the cements he sells outside Nigeria


The price hike was one of the earliest acts when Buhari came to power as Dangote got monopoly on Cement distribution.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Cajal(m): 11:57am On Nov 09, 2020
This morning in Ibadan is 3,100#
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Perfecttouch(m): 11:57am On Nov 09, 2020
We have no regulating body in Nigeria hence everybody dey do as he like
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by yahmohy27: 12:01pm On Nov 09, 2020
Amotolongbo:
#2500 is too high for a bag of cement.

A bag should cost less than 1000naira.

While we were importing, we know how much we did buy it. Now that we produce and export, see the price.

Does Dangote want to tell us that he sells Cement at the high price he sells to Nigerians the cement exported out of Nigeria?
Cos it baffles me how he competes with cement producers outside Nigeria if he sells his exports so high like he does in Nigeria

Perhaps he is using our own money in Nigeria to subsidize the cements he sells outside Nigeria
No mind them bare.Which kind mumu price is control is that
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Nchenches: 12:02pm On Nov 09, 2020
juvewalex:
I don't know the cost of production for cement but to me , the selling price shouldn't be more than #880 per bag for what we produce here and still export in large quantities.


South Parts of Nigeria that mostly use cement are being bled and fleeced through monopoly of Dangote since 2015.


The cement which sells for N2,500 costs less in foreign hard currencies equivalent of 2,500.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Chimeluv(f): 12:04pm On Nov 09, 2020
Story for the gods undecided
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Tinax(f): 12:05pm On Nov 09, 2020
Lagos people are selling 3600... pls Lagos state should do the needful... embarassed
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Ugonna62: 12:07pm On Nov 09, 2020
Rugaria:

Ugonna Aka apùkwana gî...
call if ur intrested.by the way who is thiis?
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by PropertyVendor(m): 12:10pm On Nov 09, 2020
If know the stress it take to get cement from ibese or obajana factory, they won't say that.

Kpa kpa road is not only bad but worse, road to ibese is bad.

1 Like

Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by COMPAQ(m): 12:16pm On Nov 09, 2020
Since when is cement price regulated that CPC will say that those selling above N2500 will face wrath of the law? Government is full of stark illiterates.

If the END sars caused a back log of supply to many states, it is natural that demand will exceed supply and as any one who studied basic economics will know, the price will rise. As things normalise, the price will also normalise.

What govt should do is work towards removing barriers that cause bottlenecks in the supply chain. For eg, if rail were working, this might not have happened. That is why there is a clear link between infrastructure and having an efficient economy.

3 Likes 1 Share

Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Nobody: 12:17pm On Nov 09, 2020
Nchenches:



South Parts of Nigeria that mostly use cement are being bled and fleeced through monopoly of Dangote since 2015.


The cement which sells for N2,500 costs less in foreign hard currencies equivalent of 2,500.

You can always buy bua, or lafarge.

Lafarge is made in the South
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by YoungDaNaval(m): 12:21pm On Nov 09, 2020
They should come to pH oh! Cement as at last week was 4500 though I heard it had been reduce now to 3000. This is very bad. We are our own problem in this country
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by banio: 12:21pm On Nov 09, 2020
Amotolongbo:
#2500 is too high for a bag of cement.

A bag should cost less than 1000naira.

While we were importing, we know how much we did buy it. Now that we produce and export, see the price.

Does Dangote want to tell us that he sells Cement at the high price he sells to Nigerians the cement exported out of Nigeria?
Cos it baffles me how he competes with cement producers outside Nigeria if he sells his exports so high like he does in Nigeria

Perhaps he is using our own money in Nigeria to subsidize the cements he sells outside Nigeria

That's the irony of Nigerians and greed. Outside Nigeria he wouldn't stand a chance on comparative trading if he sells at the dollar equivalent of #2500.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Front0lane: 12:27pm On Nov 09, 2020
Akacollins7:
4,500 here in lekki
You can lie
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by Spacopendragin(m): 12:28pm On Nov 09, 2020
Price regulations should be paramount in our economy..before this capitalists kill all of us with price increase in the name of profit maximisation...
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by COMPAQ(m): 12:31pm On Nov 09, 2020
Spacopendragin:
Price regulations should be paramount in our economy..before this capitalists kill all of us with price increase in the name of profit maximisation...

Dude it doesn't work anywhere. What works is an efficient economy and competition to hold the price steady or reduce it. Having said that, even with the above if the fundamentals of the market shifts I.e much higher energy costs, it may need to be passed on to consumers.

Its all very simple economics.
Re: Anybody Caught Selling Cement Above N2,500 Will Face Full Wrath Of The Law - CPC by CodeTemplar: 12:32pm On Nov 09, 2020
Coronabirus:
Dangote Cement is Africa’s leading cement producer with operations in 10 African countries, revenues in excess of US$2.3 billion.
Dangote group is a fully integrated quarry-to-customer producer with production capacity of up to 48.6 million tonnes per annum (Mta) across Africa as at 2020.
Th company have operational facilities in Cameroon, Congo, Ethiopia, Ghana, Senegal, Sierra Leone, South Africa, Tanzania and Zambia.
Dangote Cement is the largest company on the Nigerian Stock Exchange, having listed its shares in October 2010.

That's close to a billion bags of 50kg cement production capacity per annum. That's huge.

1 Like

(1) (2) (3) (4) (5) (Reply)

David Hundeyin: IGP Submitted My Name To Interpol Over Ini Umoren Story / President Buhari Receives Governor Hope Uzodinma In Daura (Photos) / LIVE REPORT: Grand Requiem Mass For Prof. Dora Nkem Akunyili in Anambra

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.