BluDesk:



If that's the excuse.. Why is foreign cement cheaper than locally made cement? No be foreign resources dem use do foreign cement?

dionma:
Dangote is trying to play a first one here. When you charge transport of 300-500. Add that to the ex factory cost and you can see that the price will be close to N3000 ex factory. Who bears the brunt, the final consumer.

fastseo:


Then let them allow other players to come in no matter how small they are as far as they are meeting the required standard

FOLYKAZE:


Show us the invoice.

DCP said the cost out of factory is ₦2,500. Deal with middlemen and retailers if cement is sold at ₦4,000 in Owerri. It is ₦3,000 in Ondo state

trilacos:
they talk about dangote because dangote dictate the prices.i can bet it with you that if dangote reduce it today,other brands will reduce it too.

koning:
Are you all eating through your noses?!. What kind dumbazz analysis am i reading here in the comment section.

That ex-factory price of N2,510 is the major problem.

Does Dangote expect me to carry 100 bags of cement on my head to the construction site......ALL BY MYSELF?!


The ex-factory price should not exceed N1,500. By the time it gets to the retailers, it would sell for around N2,100. Just loaders charge about N50 per bag.

If Dangote really wants to help Nigerians, that ex-factory price should not be more than N1,500

koning:
Are you all eating through your noses?!. What kind of dumbazz analysis am i reading here in the comment section.

That ex-factory price of N2,510 is the major problem.

Does Dangote expect me to carry 100 bags of cement on my head to the construction site......ALL BY MYSELF?!


The ex-factory price should not exceed N1,500. By the time it gets to the retailers, it would sell for around N2,100. Just loaders charge about N50 per bag.

If Dangote really wants to help Nigerians, that ex-factory price should not be more than N1,500

COMPAQ:


So if its that straightforward, why don't lafarge reduce their own prices to create more demand for their own cement. After all economics 101 says with reduced price comes increased demand.

Topmaike007:
that baffles me alot on how imported Portland cement are cheaper than what Dangote and his fellow cult groups are giving us in Nigeria

uvie66:
I beg to defer on your observations, firstly you forgot to add thatDangote generates his own electricity to manufacture cement, the naira keeps on depreciating and inflation is always running at double digits in Nigeria, these factors will surely put pressures on the gate prices of cement.

CSTRR:
The price of dangote cement is cheaper in Cameroon.

Is Cameroon more developed than Nigeria?

What is dangote getting in Cameroon that he is not getting double in Nigeria?

koning:
Are you all eating through your noses?!. What kind of dumbazz analysis am i reading here in the comment section.

That ex-factory price of N2,510 is the major problem.

Does Dangote expect me to carry 100 bags of cement on my head to the construction site......ALL BY MYSELF?!

So he should make loss at N1. 5k


The ex-factory price should not exceed N1,500. By the time it gets to the retailers, it would sell for around N2,100. Just loaders charge about N50 per bag.

If Dangote really wants to help Nigerians, that ex-factory price should not be more than N1,500

owobokiri:

Generates his own electricity from what?

BluDesk:





Because it's not an open playing field. If the government opens the industry and make it open rather than close, Nigerians will buy cement for 2500 per bag. Smack that

owobokiri:

Generates his own electricity from what?

CSTRR:
The price of dangote cement is cheaper in Cameroon.

Is Cameroon more developed than Nigeria?

What is dangote getting in Cameroon that he is not getting double in Nigeria?

FOLYKAZE:


You were lying with every single punches from your finger that cement is sold outrageously at the rate of ₦5,000. You turn around yelling it is sold at ₦4500 in the east. Where is your evidence? You are only asked to provide an invoice showing the rate but you can't submit any.

What raw material does DCP get absolutely free? Is limestone the only material needed for producing cement? And where is the evidence DCP gets limestone absolutely free as you suggested? Tax cut, cheap labor, limitless grants...you can cook all those bullshit from your bumbum. It's all riddle with lies unless you provide substantive evidence.

DCP has stated they produce and sell from the factory at the rate of ₦2,500. The middlemen and retailers are free to add their own expensive cost of logistic and transport, rent, labor, and profit to arrive at ₦3,000 which cement are sold at retail outlets.

Neutralobserver:


So, with Dangote competing against two other cement companies, how is it not an open field...?

Cememnt manufactring is capital intensive. Not everyone has the cash to go into it.

BluDesk:




Finally a very smart and intelligent mind


Please tell them o


Anyways like Rawlings of Ghana said, Nigerians love it's oppressors.


Cement is 90% limestone, sand. I can say thus for a fact, addictive isn't more than 8%. The bulk of processes involved is extracting, separating from debris which is purifying.. Adding additives and bagging....

Tell me why it shouldn't be 1500 Naira especially for material with 90% locally sourced materials.


Meanwhile Dangote generates his power, has bagging company, source for funds from the same public he is milking

FOLYKAZE:


Show us the invoice.

DCP said the cost out of factory is ₦2,500. Deal with middlemen and retailers if cement is sold at ₦4,000 in Owerri. It is ₦3,000 in Ondo state

Tayeni:
Why do you people conflate building your own infrastructure with backward integration? Generating own power is a disadvantage. Building a power plant with the funds you are supposed to use for something else will increase the cost of your products. Same with building motor ways, Same with buying or assembly fleet of trucks when you should be using rails. Think about this carefully.

BluDesk:





Because it's not an open playing field. If the government opens the industry and make it open rather than close, Nigerians will buy cement for 2500 per bag. Smack that

FOLYKAZE:


You don't have to lie to substantiate your points. Where are they selling cement at ₦5,000 per bag? Can you show us receipt evidence?

BluDesk:




Finally a very smart and intelligent mind


Please tell them o


Anyways like Rawlings of Ghana said, Nigerians love it's oppressors.


Cement is 90% limestone, sand. I can say thus for a fact, addictive isn't more than 8%. The bulk of processes involved is extracting, separating from debris which is purifying.. Adding additives and bagging....

Tell me why it shouldn't be 1500 Naira especially for material with 90% locally sourced materials.


Meanwhile Dangote generates his power, has bagging company, source for funds from the same public he is milking

COMPAQ:


What is not open about it? Is anybody stopping Lafarge or Bua from establishing new plants? Which company wouldn't like to make more money?

FOLYKAZE:


Oohhhh! We would have hold unto the lies you spew in beer parlours across the East that DCP produces their cement at zero cost, getting everything from raw materials to logistics and tax at absolute no cost or cheap.

DCP has stated that the factory cost of a bag of cement is ₦2,500 plus ₦300 for transporting it with 1200km radius. That is the total of ₦2,800 or ₦2,850. If you are buying it at ₦9,000 in your neighborhood, then you should question the middlemen and retailers in your neighborhood.

Middlemen and retailers hike the retail price to whatever considering the expenses they incur like store rent, security, labor, dues to the government, and others. Considering that DCP claims they haven't increase price of ex factory cost since December 2019, we have to look toward the retailers for the incessant increase of the price of cement within the country.

Late last year, a bag is sold at ₦3,500. And after the public outcry, it dropped to ₦3,000. It was sold around 2018 at ₦2600.

Kay1212:
Finally, at least, we have a very few smart Nigerians with objective analysis.


It saddens my heart that, despite the great number of intelligent people the world knows Nigeria has, most Nigerians choose to be oppressed by the political class (oppressors). They exchange their future for peanuts. They even defend them with passion and their last blood. This is interestingly and pathetically insane.


Imagine that the political class is aware that the people they are governing are smart, intelligent people who think, act and demand to be governed intelligently, wouldn't they govern right?

thesicilian:

When you start your own business, you'd understand

BluDesk:



Nigeria needs help. The only way out is disintegration