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Cooljuman's Posts

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Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 2:28pm On Jan 16
Engrgreg231:
Can I use 500 thousand naira to build one bedroom flat
Not possible
Investment / Re: Is DW Arerben A Scam Investment? by cooljuman: 3:41pm On Jan 15
hensil:
Payment is ongoing let's diregard the news that we don't pay Roi all investiors capital and roi is safe.

This is a lie, they've stopped paying RoI. Since December, investors have not been paid. People should run away from DW Arerben investment, they're ponzi scheme. I'm speaking as an investor. I'm counting my losses. They'll not last more than 2 months. They're not different from MBA investment. In fact, they're the same people parading in different names and companies.

2 Likes

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by cooljuman: 7:14pm On Jan 12
n3xt:


I wish I have a free truck that can travel down. I’d have love to come and do cement business in your region grin grin

There’s no way I’d spend 500 per bag on transport.

Between the month of Nov - Dec 2021, I took about 12 trailers. I know how much profit I’d made from that if I sell at #3500 to you guys grin

But unfortunately, I don’t have a truck that can do this.

I’ll help you ask if from my link how to get it cheaper in PH.

Thanks next. You're really a back bone on this forum. I'll be expecting.

4 Likes

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by cooljuman: 2:39pm On Jan 12
[quote author=n3xt post=97978932]

Are you ready as in right now?

If yes, it can be delivered to you between 2900 - 3000 around sango otta area direct from a Lafarge distributor.


_________
Anyone in need of cement direct from Lafarge around Ijebu Ode/Sagamu/Ogijo can get in touch with me.

2900 excluding offloading fee (N50)[/quote

Please, I'm in portharcourt, I need 100 bags, can you give me a lafarge dealer contact in portharcourt. Chat me on 0 eight zero 4 seven 7 nine three 7 0
Travel / Re: 17 Travellers Burnt To Death In Nasarawa Road Accident by cooljuman: 8:10pm On Jan 10
W
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by cooljuman: 10:13pm On Jan 09
Please house, why is the price of cement not dropping in portharcourt, the price have remained 3800 throughout this year. Any idea how to get cement cheaper in portharcourt and where. Please help a brother.
Investment / Re: Is DW Arerben A Scam Investment? by cooljuman: 12:56pm On Jan 09
UrFears:


No it matured after 13th.

Well, I called their office and I was told they've stopped paying RoI. That's is actually the fact cos while I was their, other people also came and complained same thing that they've not been pay RoI since December.
Investment / Re: Is DW Arerben A Scam Investment? by cooljuman: 12:35pm On Jan 09
[quote author=UrFears post=97879508]I got my Dec ROI, though delayed for 7 days.
My investment would be expiring this month though [/quote

Your investment matured b4 13th December, right now DW Arerben is nothing but scam. They can no longer pay RoI. People should stay away from them. Bloody ponzi scheme.

2 Likes

Investment / Re: Is DW Arerben A Scam Investment? by cooljuman: 12:06pm On Jan 09
ibechris:
All these gamblers will not listen when an advice is given.

How can MBA not teach u guys a lesson enough to dissuade u guys from putting ur money in a wasted venture.

Renting an office doesn't make a MBA or ARERBEN legit,so when they bring CBN policy just to delay and deceive u guys,pls note their end has come. Those defending them can only do so just because they also have some cash trapped in the system, but time would tell who's telling the truth.

No one is telling us what these guys are into,but I pity all those who by innocence introduced others into this scheme only for them to be duped and disappointed.

Good luck to all those who narrowly escape these schemes/ ponzi and to those who are about to lose their money,learn from the past ponzi schemes.
Their modus operandi hasn't changed and will never changed.

Things to know about them are:

When they starts talking CBN policies,know that they are about to crash.

If they start promo such as increasing their interest just like the one we have seen above note,that they are about crashing.

If by December payment starts getting slow and slower note,that they are about crashing.

If they start bringing up promo during same time around the month of Dec,pls run with ur money.

Even if they are registered with CAC it does not mean they are legit,run with ur money,after all,Micheno in calabar was duly registered with CAC and they used same to deceived people into parting with their cash.

And finally, this is 2021 and the country isn't getting better due to bad govt policies and regressive governance of this present administration.

Pls,be wise as I know it is ur money and my advice isn't for everyone after all.

This all but the truth

1 Like

Investment / Re: Is DW Arerben A Scam Investment? by cooljuman: 12:04pm On Jan 09
Why asking for proof of my investment. I'd expect you to address the issues I've raised. Have you paid December investors RoI? Why did you stop paying RoI from 13th December maturity. Your claiming to pay December promo investors. What happened to RoI from December. Didn't the CBN regulations stop paying December promo investors. Its obvious you guys are fraud and no different from ponzi scheme. Address these issues and stop asking for proof of investment.

2 Likes

Investment / Re: Is DW Arerben A Scam Investment? by cooljuman: 8:30am On Jan 09
I'll advice any body that's is thinking of investing with DW Arerben not to invest with them again. Please keep your money and don't give to them. They're ponzi scheme. I'm also an investor with them and they've stopped paying old mavros (old investors) that invested from August 2020 and only paying new mavros (new investors) that invested from December 2020. Why are they not paying ROI again if they're genuin. They're ponzi scheme and close to collapse. They won't exceed this January. I've already started counting my losses. Please the public should stay away from DW Arerben. They're scam and a ponzi scheme. This is a sincere advice coming from an investor with DW Arerben.

7 Likes

Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 8:12pm On Jan 07
Cement price in portharcourt now between 3700 to 3800
Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 1:49pm On Jan 04
Ofemmanu1:

Cement remains N2500/bag but transportation differs.
Please, what is the cost to portharcourt per bag and the total cost for 900 bags.
Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 10:40pm On Jan 03
Ofemmanu1:


We can deliver to Abuja @ N3050-N3100/bpag

900 bags at this price, can you deliver to portharcourt?
Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 8:26am On Jan 02
jimts:
Everyone that is here ranting about monopoly of market being controlled by the two major cement shareholders (Dangote & Abdussamad) have no idea of the happenings in the cement industry.
For the benefit of clarification, I will give you all a quick rundown of the factors that shot the prices to the roof.

1. Corona lockdown
From March till June, most part of the country was under lockdown. This means that all construction activities were put on hold. As soon as it was lifted, the demand for cement naturally skyrocketed in arrears for the month of idleness. This is common sense.

2. ENDSARS Protest
During this period, curfews were imposed in many states. In Edo, BUA cement did not dispatch 1 bag of cement for nearly 5 days. That's an average of 60,000 tons of cement lost to down time. Similar thing happened in Ibese from information reaching us. Mark you, supply has further been shortened.

3. Bad road
Anyone familiar with Auchi/Okpella/Okenne axis of Benin/Okene expressway knows the frequency with which a complete traffic lockdown occurs. Some trucks spend 3 days between Okenne and Auchi (journey of less than 70km) alone because of deplorable state of the road leading to falling of heavy-duty vehicles and incessant breakdowns. This causes delay in the delivery of cement, therefore worsening the supply volume.

4. Internal factory challenges

Many a time, drop in gas pressure in our plant leads to drop in power available to run equipment because some of the gas powerplants have to be stopped. This is a problem beyond BUA or Dangote's control as gas is supplied by NGC (a subsidiary of NNPC). When there's no sufficient power, major equipment like cement mills have to be stopped, reducing the silo level for cement. This one is obviously a shortage in production.

5. Greed.

I've seen many of you complaining that the prices were raised by the factory owners, you are completely wrong. The factory price is still hovering around #2,400. This is the price at which BUA supplies to its customers with delivery. But because some of the customers prefer to just sell the ATC (authority to collect) to middlemen who pay for transportation (self collection), it increases the price/bag to about #3,000 by the time it arrives the buyer. These customers I mentioned earlier have paid billions of naira into chairman's account in exchange for the cement ATC, but many of them are not actually interested in selling cement. They only want to sell the ATC to middlemen and make quick money. This is the first level of greed.
The middlemen deliver the cement, depending on the distance between #2,800-#3,300 to cement retail sellers. Second level of greed happens here. The retailers then decide to sell it at #4,000.
mentality of the average Nigerian. This is the worst of all the greed.


All of these are the reasons why the problem is highly compounded and it will really take a while for things to normalize.
Whatever the story is, we will all build our houses this year!! cool

If there's scarcity of cement in Nigeria, why then did the government give export waver to Dangote and Bua cement to be exporting cement outside Nigeria when nigerians are lacking cement. Shouldn't they meet the local demand first before exporting.

1 Like

Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 9:06pm On Jan 01
Ofemmanu1:

Don't say what you don't know..

cement is N2500, go to any Dangote Depot in your state, you will get it at that price or a lil bit higher.

In portharcourt, Dangote distributors in rukpokwu and trans amadi sell at 3800 naira
Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 9:01pm On Jan 01
Ofemmanu1:
It's not so bro.
Cement is sold from the plant @N2500, the hike in price is because other competitors are observing the Holidays and the demand for cement has increased geometrically so the middlemen are taking you guys to catch cruise.
As I'm typing a bag of Cement is 2500 here.

Please, how do I contact you to get me 300 bags to start my building project. I'll greatly appreciate.
Properties / Re: How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 10:01am On Jan 01
Which state
chocboi78:
#3400

6 Likes 2 Shares

Properties / Re: Latest Prices Of Rod & Cement In Edo/Delta State by cooljuman: 9:02am On Jan 01
In portharcourt, cement price is still between 4200 to 3900 naira
Properties / How Much Is Cement In Your Area And Why Is The Price Of Cement Still High? by cooljuman: 8:40am On Jan 01
The price of cement have really gone up for the later part of year 2020 and it is still high. So, I'll like to know why is the price of cement still high and how much is cement in your area? Is there a possibility that the price will fall anytime sooner?

Here in Port Harcourt, retailers sell between 4200 to 3900 naira which is quite high. This has caused most people to put their projects on hold or slow down the pace of the project. Or, will this price range remain as the official market price?

8 Likes 4 Shares

Investment / Re: Is DW Arerben A Scam Investment? by cooljuman: 7:40pm On Dec 30, 2020
Invested on the 17th, maturity date is 17 December, they said I'll be paid within 3 to 7 working days, still expecting the payment but it is delaying. Hope we're not looking at another situation of MBA investment. The signs are not encouraging at all.

2 Likes

Politics / Re: Abdulkadir Abdulsalam Is Dead (Labour Party National Chairman Dies) by cooljuman: 4:27pm On Dec 29, 2020
Honourable Obanikoro should be held responsible. RIP to the dead
Politics / Re: Insecurity: ‘$1bn Underway For Army, Police, Others From Qatar’ by cooljuman: 11:25am On Dec 03, 2020
This government is practically selling of this country. By 2023, there'll be no Nigeria.
Politics / Re: Salihu Yakasai Blasts Buhari Government Over Insecurity After His Reinstatement by cooljuman: 1:02pm On Oct 31, 2020
This man don't know how to observe table manners. When you're eating, you dont talk too much.
European Football (EPL, UEFA, La Liga) / Re: Manchester United Vs Crystal Palace 1 - 3 On 19th September 2020 by cooljuman: 3:49pm On Sep 19, 2020
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Nairaland / General / Re: Motorcyclist Returns Missing #700,000 To A Business Woman In Delta by cooljuman: 12:36pm On Sep 15, 2020
He just saved a life, at this difficult time and when suicide is on the rise. This woman may just commit suicide at it been he didn't return the money. God bless the man. God bless Nigeria.
Health / Re: WHO Welcomes The Use Of Dexamethasone In Treating Critically COVID-19 Patients by cooljuman: 1:20pm On Jun 19, 2020
R
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by cooljuman: 8:19pm On May 25, 2020
Please Nlanders, I need someone to supply 30 tones of Chippings for me in portharcourt, if you are a supplier, please state your best best price here and drop your contract so we can talk. Thanks
Health / Re: 150 People Died In Kano From An Unknown Disease by cooljuman: 10:15am On Apr 21, 2020
Pictures or idonbeliv
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by cooljuman: 8:33pm On Apr 16, 2020
I'm currently building a one story building, we're on Iintel stage. The building is one unit of 1 bedroom and 1unit of self contained. What is the fair price for iron bender and carpenter. The wood and iron will be bought by me. There're 14 pilers.

1 Like

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by cooljuman: 7:25pm On Apr 03, 2020
Bag of cement in portharcourt is currently very expensive, if you sell cement at affordable prices please contact me. I need it tomorrow at Ogbogoro area, around uzuoba in portharcourt. 0 eight 0 3 four 7 7 nine 3 seven zero
TV/Movies / Re: AMVCA 2020 Full List Of Winners by cooljuman: 8:07am On Mar 15, 2020
So what did mercy and tasha win?

1 Like

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