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Nairaland Forum / Nairaland / General / Business / Why Exactly Is The Cement Price Going Up This Way? (40000 Views)
BUA Moves To Crash Cement Price To N3,500 After Meeting Tinubu / BUA Promises To Reduce Cement Price / Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries (2) (3) (4)
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Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 5:13pm On Feb 17 |
Hotice085:You can check online with NBS or DPR/NNPC LTD and am sure you will get that info...Mr Uncommon sense How is total crude production relevant to the discussion. Some of una just dey too thick |
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 5:15pm On Feb 17 |
Hotice085:Come to Games Village (Abuja), 4th Street off 2nd Avenue, make i use food kill you. No dey generalize your feeding situation for house, my own no be like that. |
Re: Why Exactly Is The Cement Price Going Up This Way? by VeeVeeMyLuv(m): 5:16pm On Feb 17 |
Lifemanage: Na govt duty to checkmate all these capitalists! They don't wanna do their work. It is so painful . The govt people might even be joining hands with the capitalists to sink this nation. |
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 5:18pm On Feb 17 |
MASTERCHIEF0847: Monkey confirmed monkey from Aba jungle Even Emiefele the entire National Assembly the Auditors of NNPC no sabi na the thing wey criminal directors for NNPC post for Internet you believe Take it from me you useless pass useless,me I go sell for your village over and over again Monkey wey de believe NNPC website, you mumu no be small Ewu Gambia |
Re: Why Exactly Is The Cement Price Going Up This Way? by Fearurcreeator: 5:19pm On Feb 17 |
Nbote:If Dangote own is expensive buy from others |
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 5:19pm On Feb 17 |
MASTERCHIEF0847: I no fit laugh |
Re: Why Exactly Is The Cement Price Going Up This Way? by Fearurcreeator: 5:20pm On Feb 17 |
MASTERCHIEF0847:No be only Dangote dey sell am ... Since his own is expensive they should buy from others... Do t understand the hate for the man sef |
Re: Why Exactly Is The Cement Price Going Up This Way? by egharevba72047: 5:21pm On Feb 17 |
Kindly ask your governmentKindly ask your government... |
Re: Why Exactly Is The Cement Price Going Up This Way? by success1smyn(m): 5:22pm On Feb 17 |
Passionnn: Do not always read from one perspective. You will be misinformed. For the answer to your question, Google will display Aliko Dangote as the owner of Nigeria, but go back to the same Google and type the owner of China and you will see Jack Ma |
Re: Why Exactly Is The Cement Price Going Up This Way? by LordBillionz: 5:25pm On Feb 17 |
MASTERCHIEF0847:Make e no pain you, simply provide figures to support you claims... And tell me why the biscuits I use to buy 100 naira since last Christmas has remained same till now while the price of Cement keep increasing? Or the beer I take has remained same at same price... Or they don't import machineries and burn fuel to produce such? They don't transport these goods too? Provide the figure and facts. I am waiting 1 Like |
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 5:33pm On Feb 17 |
LordBillionz: The guy no just get sense, na just to de rant critical thinking na Taboo for their village If basic economics works in Nigeria many banks for don collapsed for Nigeria instead you see them declaring profits wen economy de nose dive |
Re: Why Exactly Is The Cement Price Going Up This Way? by Badgers14: 6:02pm On Feb 17 |
MASTERCHIEF0847: The bolded is what my post is trying to highlight . In your last sentence. You tried to mock "yourself" but ended up ridiculing yourself. The bottom line is, naira is the official currency of Nigeria and anyone working or doing business in Nigeria should be conducting that business in the official currency which is NAIRA. |
Re: Why Exactly Is The Cement Price Going Up This Way? by bizzibodi(m): 6:06pm On Feb 17 |
maasoap:My brother No artificial scarcity cements are everywhere. |
Re: Why Exactly Is The Cement Price Going Up This Way? by BluntCrazeMan: 6:13pm On Feb 17 |
WHY THE PRICE OF CEMENT SKYROCKETED https://www.youtube.com/watch?v=dfGSj_IBEKY WHY THE PRICE OF CEMENT SKYROCKETED |
Re: Why Exactly Is The Cement Price Going Up This Way? by Babinski: 6:16pm On Feb 17 |
MASTERCHIEF0847: PMS and Diesel are imported wholly and that accounts for their pricing dependency on FX rates regardless of the sourcing of crude oil locally. On the other hand, importation of cement is banned and it is produced and packaged locally with the major raw materials sourced locally. So what is the FX component of cement production compared to PMS and Diesel that are wholly imported to justify your comparison? Commo sense really is not to be common for you and that appears to be your signature rather than being a mere comment. |
Re: Why Exactly Is The Cement Price Going Up This Way? by emperor4love(m): 6:26pm On Feb 17 |
Quest7777:he is not most share holders are ppl u look upto to fight de guy cos of price,plus tax government de wire de guy |
Re: Why Exactly Is The Cement Price Going Up This Way? by MirrorofChrist: 6:38pm On Feb 17 |
Passionnn: Imagine? |
Re: Why Exactly Is The Cement Price Going Up This Way? by Origin(f): 6:52pm On Feb 17 |
Because it's a monopolistic market..... No incentive to manage cost or even bargain competitive prices. Nigerians should BOYCOTT all non essentials goods for now. That is the only solution. |
Re: Why Exactly Is The Cement Price Going Up This Way? by Irony1: 7:15pm On Feb 17 |
MASTERCHIEF0847: Even at that Cement is not meant to be this expensive 1 Like |
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 7:42pm On Feb 17 |
Babinski:You have no idea. For me it's a signature, for you it's genetic ... you were born brain-dead stupid. |
Re: Why Exactly Is The Cement Price Going Up This Way? by fkj950ax(m): 7:44pm On Feb 17 |
The level of ignorance amongst Nigeria is very alarming |
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 7:45pm On Feb 17 |
Badgers14:"You tried to mock "yourself" but ended up ridiculing yourself" ... get a grip oga If you are that thick, i am not. |
Re: Why Exactly Is The Cement Price Going Up This Way? by jimts(m): 8:03pm On Feb 17 |
MASTERCHIEF0847: You sound like someone I know Nazir is that you 1 Like |
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 8:05pm On Feb 17 |
LordBillionz:You want to compare the process of cement production and biscuits? Have you ever seen a limestone quarry? Only coal mining comes close in terms of efforts and expense. Machinery for biscuits have been fabricated locally since the days of Okin biscuit, where in Nigeria can you manufacture a cement kiln? Do you have the tech and know how? Dangote refinery has the world's biggest Atmospheric tower (Crude distillation column) which was built by SINOPEC in China, that piece of equipment alone gulped up to $2B , constructing a modern cement kiln in not what you build in a year and only the OEM (Original equipment manufacturer) can supply you with spare parts and after sales services. A cement kiln once powered on requires a specific period before it can be turned off so whether you are in production or not you are burning diesel. You need to visit an actual cement plant to appreciate the complexity of the production process. No dey compare biscuit production with cement production, one is a capital intensive business while the other is not.
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Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 8:06pm On Feb 17 |
jimts: This is Nazir NOT. |
Re: Why Exactly Is The Cement Price Going Up This Way? by lawani: 8:22pm On Feb 17 |
MASTERCHIEF0847:Cement was invented by pre industrial Rome and some of their structures are still standing |
Re: Why Exactly Is The Cement Price Going Up This Way? by bizzibodi(m): 8:27pm On Feb 17 |
MASTERCHIEF0847:I doubt that, cement industry dnt has complex machineries like oil & gas industries but we have lots of indigenous technicians servicing it. |
Re: Why Exactly Is The Cement Price Going Up This Way? by bizzibodi(m): 8:31pm On Feb 17 |
gaskiyamagana:Even investment own by whites black still steal under their nose.local contents laws made it mandatory for locals coys to handles some aspect unless he does has d capacity.still it is d Nigerian management that brings in expatriates for what can be fixed cheaper because of what they will get bringing in expatriates. 1 Like |
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 8:38pm On Feb 17 |
bizzibodi:Where in Nigeria can a cement kiln be manufactured? |
Re: Why Exactly Is The Cement Price Going Up This Way? by Blakjewelry(m): 8:39pm On Feb 17 |
ivolt:In my area the village people increase theirs once the news come that the people in the city have increase their price. We wanted to buy garri bag for home use and we gave a lady that brings in from the villa. Just 2 days after she left the market she went and the price went by 300 in the town when she got to the villa she said the news price of garri increase has gotten to the village so they too have increase theirs. I was in a vehicle going somewhere during the beginning buhari second tenor, a man was praising buhari and mentioned how his brother who has been living in the city for years and couldn't build a house came back to the village started garri farming and now that he is completing his building. Before now the major factor that affect garri is weather conditions like too much sun or flooding. Another major problem we have is union, once union fix price you must obey. Like Keke for instance, it was 50 naira before per drop even with the increase in fuel. Now the union increase it to 100, then 150 now I heard they announced 200 now all their members are forced to comply. What of sachet water, they guy that supplies my aunt still sells cheaper for her, I remember there was a time was going to face some problems because of that. He still sells cheaper till date for her compare to others. Abi you wan talk of trip of sand, the day the union raised the price from 18k to 25k there was no increase diesel which is the only consumable in their job. Infact diesel was stable for a long time before they increase their price,now it should be around 50k now. Look I not saying there should be no increment but at least it should explainable. The price of fuel has been stable for a couple months now so what is cause of the increment at least they can't lie that on transportation increase. If things which depends on forex is increasing it will be understandable but the way every damn things even those which don't require imported raw materials sef dey increase price dey baffle me. 1 Like |
Re: Why Exactly Is The Cement Price Going Up This Way? by kpompey: 8:46pm On Feb 17 |
MASTERCHIEF0847:While my parents may not be as privilege as your late parents, they were so fortunate to raise good children who will never throw their names in mud. I may not be a military or medical personnel, but my sibling and I have enjoy God's grace that today we have given succour to many Nigerians who ur greedy paymaster who have send to early grave. It is not about billions but contentment, happiness and self fulfilment. Omo baba brigadier |
Re: Why Exactly Is The Cement Price Going Up This Way? by LordBillionz: 9:02pm On Feb 17 |
MASTERCHIEF0847:How often do they import this machinery? You're asking why I'm comparing the prices? How much is a bag of cement compared to a carton of biscuit? Who goes in the production of each and what the net profit each make per kilogram of produced quantity? What goes in in each and what comes out? Let's start from scratch for each and then we can compare.... Like I said, I want figures and facts... |
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