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Nairaland Forum / Nairaland / General / Business / Dangote Is Selling Cement For 1,150 Naira In Zambia (65819 Views)
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:13pm On Apr 06, 2021 |
winterfell007: Perhaps the younger generation should sit back Cement started climbing at 70 Naira need. From 70 Naira to 100 Naira, to 110 Naira to 200 Naira, and to 200 Naira, then before 500 Naira And we were importing. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by somehow: 11:14pm On Apr 06, 2021 |
yesloaded: Comprehend what? You better don't dig deeper. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Lucrativress(f): 11:15pm On Apr 06, 2021 |
BluDesk:The truth is Nigeria won't disintegrate,cause at the back of our minds we know we can't stand alone.. We think each Tribe has one mind within themselves but the truth is na lie,we are soo divided even amongst ourselves If Nigeria should dare disintegrate, the gap between the Rich and the Poor would seem like the distance between Heaven and hell 1 Like |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:16pm On Apr 06, 2021 |
Lucrativress: Go mark the year. 2030/2035. After this period, the name will be forever forgotten |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by afroxyz: 11:18pm On Apr 06, 2021 |
Tobbit: After you people collect money you would deceive nigerians to do your bidding. That is how you people went to Venezuela. Influencer oshi |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Ibrahimmrfish(m): 11:18pm On Apr 06, 2021 |
Aconomist:How much is corporate tax in south Africa and is their power situation the same with Nigeria,were all factories uses generators? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Lucrativress(f): 11:19pm On Apr 06, 2021 |
EMIOMOADEOYE:That is why I said the solution is sensitization against bad government cause it all boils down to it,let us start now,2023 is around the corner,same way Pastors bring up candidates to the Pulpit to say,vote for this person,not considering if he is good or bad,let us also evaluate the next running candidates now and say,this is a promising man,people,come out and vote for this man,let NL and other sites push it up once a week,this is the only solution to our problems and when it is time to vote,let us vote all these thieves out. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 11:19pm On Apr 06, 2021 |
BluDesk:That's because the currency was devaluing. If you compared those prices to dollars, it was cheap. Now, Nigerian cement prices are exorbitant, even in dollars or any foreign currency. 4,000 naira is around $10 or 717 Indian rupees. But look at cement prices in India -- only 320 rupees or 1800 naira.
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:21pm On Apr 06, 2021 |
Ibrahimmrfish: All backed by strong stock market funds generation. Plus, Nigeria was/is been used as Base to raise funds to keep those companies away from Nigeria functional while Nigeria is used as the sacrifice to raise funds to balance the sheets while they maintain normal in their overseas operations. That's what Dangote does It's not just cheap in Zambia, it is in other African countries he setup cause he uses Nigeria to raise funds and use foreign country to buy clout and look legit I've studied him extensively to know this Cc Aconomist 4 Likes 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 11:21pm On Apr 06, 2021 |
Ibrahimmrfish:The cement industry doesn't use generators. Dangote has his own power plants, which means he gets his electricity at less than its cost of production (because of the synergies between cement production and electricity generation). |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:22pm On Apr 06, 2021 |
Aconomist: I did my research too. Not just Zambia. All other African countries he goes to record cheap prices. 3 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Lucrativress(f): 11:23pm On Apr 06, 2021 |
BluDesk:I can guarantee you come 2030/2035 Nigeria will still be one Nigeria. Sir Nigerians are huge fans of procrastination,it is only the people in the seats now that will be shouting split,they or their opposer's, the next sets will be carrying other things in their mind's, that is how we got to 2021 that we're in now. These people are reaping from corruption,even the ones shouting, so they won't do this. I will sure mark those years and I pray God sees us through till then,so I can tell you we are still One! |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:24pm On Apr 06, 2021 |
Aconomist: I hope you are aware that there's a law that repels/prohibits independent power generation once it exceeds 1MW. If we were been honest, how come are some organizations rising up going around this to produce as much power as they desire .. I'm not anti progressive but I know a 1/5MW Turbine would produce relatively cheap power to produce virtually anything. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:24pm On Apr 06, 2021 |
Lucrativress: We will see |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:26pm On Apr 06, 2021 |
afroxyz: If you can do better than semantics, it will be better. This is a thread for intellectual discussions not petty mud slinging, you stripped fatherless bald fowl 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Lucrativress(f): 11:28pm On Apr 06, 2021 |
BluDesk:Naso |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 11:31pm On Apr 06, 2021 |
BluDesk:Well, Dangote is now producing more electricity than the Nigerian government. I read somewhere that the private sector is producing 18,000 MW for their own consumption. The national grid is only 5,000 MW |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by winterfell007(m): 11:31pm On Apr 06, 2021 |
Krismas: It's every obvious you failed economics in WAEC. If not, you should know that, whoever controls the lion share in a market determines the price. Those competitors don't have the market share to be able toe call the shots. Even if they did, they don't have the volumes to keep up. If you are good observer, which i doubt. You'll notice that whenever Dangote invest in a new project, he likes to build so massively to the extent it can satisfy up to 80% of the country demands, you know why? Because he wants to call the shots, determine the price, he makes it so massive that future competitors won't be able to get any significant market share. That's why US has warned Nigeria about Dangote's economic malpractices. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Krismas(m): 11:31pm On Apr 06, 2021 |
Aconomist:I told u earlier that u were stuttering! Its merely ur argument i am shadow-boxing. U said 6bags of every 10bags out there in the market is Dangote, so, he could slap any price on it, right? so, i say, must the rest 4bags tow Dangotes price? i wasnt talking about price war. I mean sales at reasonable price and before long, Few people will desire to buy his 6bags, out of disgust for the gulf in prices btw the 6 and the 4. Leaving him only one option. equalization of price. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:32pm On Apr 06, 2021 |
Aconomist: Nigeria is stuck between 4000 and 5800 MW |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by winterfell007(m): 11:33pm On Apr 06, 2021 |
Aconomist: That dude doesn't know 'jack' about economics 101. It's pointless explaining things to him. The funny thing is that Dangote wouldn't try these things in abroad and get away with it. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by aminusodiq(m): 11:34pm On Apr 06, 2021 |
jaszplus12:dosent change the fact that you are still a zombie |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by effido666: 11:36pm On Apr 06, 2021 |
samwash:I Dont understand...... Is he not among those DAT kept dis country like dis ? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by jaszplus12(m): 11:44pm On Apr 06, 2021 |
aminusodiq:When you can spell correctly....then you too should assess your level of depravity... |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by winterfell007(m): 11:44pm On Apr 06, 2021 |
Staphylococcus: It's obvious you aren't brilliant either. First of all, MTN leads the market but it's not dominant, hence that's why it doesn't seem to control the market prices. Secondly as idiotic as NCC may be under this regime, they've managed to control and regulate the telecom industry. That's why MTN or Glo no fit try rubbish. They'll just fine them with 1 million dollars. If that sort of regulation that's in the telecom industry is what it is in Cement industry, I'm certain Dangote won't be this emboldened to try rubbish |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Commanderinpips: 11:47pm On Apr 06, 2021 |
PlsBanMe: The question you should ask is if he is producing cement in Zambia before you make your analysis. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Krismas(m): 11:47pm On Apr 06, 2021 |
winterfell007:Incidentally i did rather well in economics. My surprise is how well u ignore the atavistic urge in a man resenting cheating. As u say, Dangote account for 80% of supply. is that justification for the 20% to sell way way beyond cost price? If they sell at normal price, soon, those patronizing the 80% will get to know, which will jeopadize sales for Dangote. At any rate 20% still makes profit, so whats the justification for towing 80%? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by afroxyz: 12:02am On Apr 07, 2021 |
BluDesk:Hungry leper. See bingo claiming intellectual. Telling people to circulate it around social media. Why don't yiyou u state your bloody point and move on. Have you even bought a bag of cement before? Pauperized donkey. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by afroxyz: 12:09am On Apr 07, 2021 |
PlsBanMe: Dont mind these fools that cant think. Useless influencers. Thats how they disgraced themselves on twitter trying to influence for a Venezuelan. If you check, they have not even priced a bag of cement before. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by rhektor(m): 12:09am On Apr 07, 2021 |
PAWG: None of the campaigners will answer this question, it is a targeted campaign against the person of Dangote. BUA, Larfarge, Ibeto etc still sells at the same price but Dangote is the demon lol. If Larfarge and others aren't thieves too they should crash price and watch Dangote crash in the cement industry but no they won't they'll rather pay influencers to push narratives against their competitors. The way we do business in this country shows how wicked a people we are 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Krismas(m): 12:18am On Apr 07, 2021 |
rhektor:They are all hand in glove enjoying obscene profit margins and greedily smiling to the bank everyday. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Staphylococcus: 12:30am On Apr 07, 2021 |
rhektor: You said it all! Why cant Ibeto sell for One Hundred Naira if he means business. Trying hard to put their woes on Dangote. Who will buy Dangote if Ibeto sells for One Hundred Naira. Hate wont make people see the reality. Coupled with jealousy and envy 1 Like |
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