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Nairaland Forum / Nairaland / General / Business / Dangote Is Selling Cement For 1,150 Naira In Zambia (65822 Views)
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by MansoryMX(m): 8:22pm On Apr 06, 2021 |
babamoha: CBN rate of Zambia Kwacha to naira is 18.54 naira. Bag of cement sold in Zambia is 55 Kwacha. 55 x 18.54 = 1019.7 |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Raph82(m): 8:22pm On Apr 06, 2021 |
LMS1:With all due respect, this kind of comment is the silliest I've come across today. must u bring tribalistic tune into infuriating matter like this? This is nauseating. 3 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 8:22pm On Apr 06, 2021 |
Wilespo: Dangote's cost of production is the lowest in the world, but his price (in Nigeria) is the highest in the world. 6 Likes 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Nobody: 8:23pm On Apr 06, 2021 |
elGenius:shut up dumb Afonja tribalist see ur smelly ewedu mouth... atleast if you wan do tribalism ... know how how to spell ur words correctly....na ibadan english u dey carry type? 1 Like 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Jackmj(m): 8:25pm On Apr 06, 2021 |
Aconomist:Bring your source. No electricity in Nigeria Bad roads, insecurity, these things make prices to rise |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Globad(f): 8:27pm On Apr 06, 2021 |
ayterajah: What has the size of the economy got to do with this? If at all, the one in the bigger Nigerian economy should be cheaper 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by extol1(m): 8:27pm On Apr 06, 2021 |
Aconomist:that man is wicked, there was a time the community stopped his trucks from packing the coal. what he did was to call the ogas at the top and they came will a lot of soldiers 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by od501: 8:28pm On Apr 06, 2021 |
Aconomist: Oga calm down. Many things are considered before fixing prices. Check the case of Erisco group, they had to move their business from Nigeria to china cos the cost of production is not not sustainable anymore. It is more expensive to produce here then in other countries with friendlier economic policies. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by adecz: 8:28pm On Apr 06, 2021 |
Tobbit: Buhari wants to hand out the whole Nigerian economy to Hausa/ Fulani before leaving power. But no problem, since he can't take the seaports , oil wells & fertile lands of the middle belt & South to Katsina. The Niger railway is also useless without linkup to the south. 1 Like 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by michoim(m): 8:29pm On Apr 06, 2021 |
Fake reporting. The price is FIXED for $5 by the government of Zambia which is equivalent of N2,400 in parallel markets in Nigeria... 1 Like |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by GistFullGround: 8:30pm On Apr 06, 2021 |
If this is true, then I've lost respect for him. Nigeria made you and you MUST show respect & empathy. Nigerians must bring him to his kneels. Mennnnmm, I am so pissed! 1 Like 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Emyogalanya: 8:30pm On Apr 06, 2021 |
Aconomist: |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by LMS1(m): 8:30pm On Apr 06, 2021 |
WoundedLamb:Not At All, Thats Why Am Praising Them, B T W Am From The South! |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by CodeTemplar: 8:30pm On Apr 06, 2021 |
Aconomist:Lol. . .I have always maintained he is an artificial billionaire. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Litmus: 8:30pm On Apr 06, 2021 |
Lush100: Yes you can. When Aldi arrived in Britain, Tesco and Sainsbury’s were sure they had nothing to worry about. Three decades later, they know better. By Xan Rice On a Thursday morning in April 1990, in the suburb of Stechford in Birmingham, a strange grocery chain started trading in the UK. It only stocked 600 basic items – fewer than you might find in your local corner shop today – all at very low prices. For many products, including butter, tea and ketchup, only a single, usually unfamiliar brand was offered. To shoppers accustomed to the abundance of Tesco and Sainsbury’s, which dominated the British grocery sector with thousands of products and brands, delicatessens, vast fridges and aisles piled high with fresh fruit and vegetables, the range would have seemed dismal. The managers of this new shop, which was called Aldi, had not bothered to place a single advert announcing its arrival – not even an “Opening soon” sign outside the store. Strip lights illuminated the 185 sq metre store, and from the ceiling hung banners listing prices for the goods stacked on wooden pallets or displayed in torn-open cardboard boxes on metal shelves. A £1 deposit allowed you to borrow a trolley but there were no baskets. The checkout assistants, who had been trained to memorise the price of every item in the store, were so fast that shoppers experienced what some would come to call “Aldi panic” – the fear that you cannot pack your goods quickly enough. The store accepted cash but not cheques or cards. Customers seeking itemised receipts left disappointed. Information on Aldi’s owners was as limited as the decor. Most news reports noted merely that the company belonged to a frugal and spectacularly rich pair of German brothers, Karl and Theo Albrecht, who had both fought in the second world war and whose desire for privacy had reached extremes after Theo’s high-profile kidnapping for ransom in 1970s. The Albrechts had an extremely popular chain of bleak discount stories in Germany: the brothers had divided the country into separate fiefs, with each controlling the market in one half of the territory. But most people were confident they would fail in Britain, where there was a discernible snobbery about discount stores. When a reporter from the Times visited an Aldi store in Birmingham the following year, he thought it represented the “anonymous, slightly alarming face of 1990s grocery shopping”, without any pretence of sophistication. “One looks in vain for avocados or kiwi fruit.” The British supermarket giants, whose 7% profit margins were the world’s highest, were even more dismissive. Sainsbury’s remarked on the absence of service, which was important to British customers. “We welcome the advent of Aldi and others to come,” said Tesco managing director David Malpas. “We can live quite happily in our part of the market and they can live in theirs.” For a long time it looked like he was correct. In 1999, when Walmart bought Asda, the UK’s third biggest grocery chain, the Financial Times noted that Aldi had made “little impact in Britain” because customers were not as price-sensitive as Americans or continental Europeans. German shoppers, notoriously, took this to extremes: one of the country’s biggest electronics retailers, Saturn, even adopted “Thriftiness is sexy” as a marketing slogan. By 2009 – after nearly two decades – Aldi’s market share was just 2%, similar to that of Lidl, its German rival and imitator, which had launched in Britain soon after Aldi. Read: https://www.theguardian.com/business/2019/mar/05/long-read-aldi-discount-supermarket-changed-britain-shopping |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by netmillionaires(m): 8:32pm On Apr 06, 2021 |
Thanks for the links. I read the interview with Mr. Iweta. The man bar it all. I always tell people that cost of labour accounts for almost 70 percent of the cost of production and we all know that Nigeria with a minimum wage of #18,000 (approximately $45) should have one of the least cost of production. Nigeria is not working because we lack the right policies and institutions to make it work. There are greedy people even in American but the law is there to put them in check. Aconomist: 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 8:32pm On Apr 06, 2021 |
od501:Dangote has his own power plants, his own coal mines-- he manufactures his own trucks and bags and even has a private jetty port to bring in supplies. His cost of production is literally the lowest in the world. 1 Like 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Josbreed: 8:32pm On Apr 06, 2021 |
Aconomist: If Dangote sells cement at the rate of N1,150 in Zambia, let us know how much is Bus selling its cement before we begin to protest. 1 Like |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by KingAzubuike(f): 8:33pm On Apr 06, 2021 |
Aconomist:So who are you to dictate for a man how much he should sell his goods? If you're not comfortable with it then go for larfarge. 1 Like |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Theoarhics: 8:33pm On Apr 06, 2021 |
Dangote is the richest problem we have in Nigeria |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by CodeTemplar: 8:33pm On Apr 06, 2021 |
michoim:Lol. . . Dangote propagandist spotted. So a USD to Naira is a whopping 480? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by jaszplus12(m): 8:33pm On Apr 06, 2021 |
Lomprico2:Thanks sir... NL is getting filled with people like you... gutter mentality... once there's opposition to your ideas, your filthy mind begins to send filthy messages rather than trying to convince your opponent with reason! |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by od501: 8:33pm On Apr 06, 2021 |
MansoryMX: You have answered the question nh...1 Kwacha = 18.54 Naira. Naira is trash, simple! |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by CodeTemplar: 8:35pm On Apr 06, 2021 |
Josbreed:BUA is using the giant status of Dangote in the cement market to shield himself. Why is Dangote maintaining official and black market rate like CBN? lol. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Pclemenza: 8:36pm On Apr 06, 2021 |
Aconomist: As at 25/03/2021 , Dangote cement was selling in Zambia at 140 KWACHA which is about 2590 NAIRA. Get your facts right before you post in a public platform. SHALOM 1 Like |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by LMS1(m): 8:36pm On Apr 06, 2021 |
Lomprico2:Which Tribe? Oga Chill, Am Not A Nigerian, Am Nairegin. But Make E Nor Pain U Bro, We Move |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by od501: 8:37pm On Apr 06, 2021 |
Aconomist: He bought and maintains those things, not like he hired it or something. He is solely responsible for its maintenance. If it had been government owned e g. The power plant, the money would have been used for other things. And for the cost of production, how do you know this? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by zigzagluv: 8:37pm On Apr 06, 2021 |
IN TOGO , THE CEMENT IS 2000 NAIRA AND GHANA ALOT CHEAPER expliciit: |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Advocate500: 8:37pm On Apr 06, 2021 |
jaszplus12:the fulanis are they buying cement cheaper than what the tribe you mentioned are buying it's? And some one will argue that common sense is common. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by AwesomeStormy00(m): 8:38pm On Apr 06, 2021 |
Tobbit: WTF!!!! Are you for real, or a whin up |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 8:38pm On Apr 06, 2021 |
KingAzubuike:No, the Nigerian government should allow us to import if the local producers can't sell at a reasonable price. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by jaszplus12(m): 8:38pm On Apr 06, 2021 |
Nonexistent:Call me what you think I am.... but I assure you, it won't give you the opportunity to buy that cement for less... you're even "non-existent"!! |
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