₦airaland Forum

nairalanda1:
Simple, cost of production, cost of doing business, cost of even staff salaries

LIke someone has already explained here, fuel costs have shot up well well since. Especially since diesel was deregulated a long time ago. Dangote trucks and machinery run on diesel. Add the cost of equipment and machinery, and you get the picture. Add the fact that workers salaries have to be increased at some point...

Naira devaluation too obviously knocked things down badly. Especially now since our forex is at an all time low, meaning Nigeria cannot defend naira unless we borrow to do so...which is not a viable option.

The price increment isn’t from factory,it’s from distributors and dealers.

Majesty7:
Corruption and dead policies. Come to think of it. Cement raw material is usually 90% locally sourced. The only chemical needed to always make it dry quickly is the only foreign material and most of them such as Lafarge and Bua hardly uses it.

Why is cement price high? They should just come up with the excuse. Is it the diesel? How many percentage increment do we have on diesel and what should be the average increment on the price? Nigeria is like a dunghill. You can throw in anything and people will swallow it sinker. Likewise some idiots already supporting Dangote to sell at par with the international market. I wonder when production cost in poor countries became at par with developed countries? Nigeria just a dunghill

The price increase has nothing to do with corruption,it’s simply because of demand higher than supply,dealers are now selling their cement to neighboring countries to make double profit because of weak Naira something that is not a crime till government make it a crime

Dealer are exporting it to neighboring countries because their currency is stronger than our own at the moment so they are making a lot on each bag of cement,that leads to demand higher than supply in Nigeria hence the price increase
The same is happening to food at the moment,northerners are selling to neighboring countries
Exchange rate need to go down otherwise neighboring countries will start raiding Nigeria to get cheap products there by creating scarcity and price increase in Nigeria

2 months ago WHITE CEMENT #9000 naira while Dangote cement was #5000

Fast forward to today … WHITE CEMENT 9,500 naira while Dangote cement is 8500 Naira
Government need to get involve in the price of cement before Dangote finished us

ufotunang:
Refinery would had solved all this problems

Nothing can stop it except naira is re-peg to less than 1000 to a dollar,we will probably end up like Venezuela in the next 6 months
Nothing is sustainable at the moment,we are shouting no light no light how can they use expensive gas to power plants ? We are in big trouble
Subsidies will get to a point where government won’t be able to afford it.there is going to be a revolt and military will take over and Nigeria may disintegrate.
To avoid this is simple,re-peg naira before it get out of hand

NFBI:
Blacks are still battling with hunger..

God must be a white person

You are one of the problem,instead of you to be on google carrying out research,you are here complaining
I read about one lady who was hair stylist before the war in Ukraine but now she’s able to build and produce 300 suicide drones per month,whereas she learnt it on her own through google.

I don’t see an end to this until Peg on Naira returns.

Its very sad,i dont know when these rich men will start avoiding Helicopters,Its taking out lot of wealthy people every year
Anyway his family should praise God not all his children were involve.May his soul rest in peace

Klinxmanz:
omo, wetin kill am na woman, where em dey look woman na em friend use opportunity wan send am village wit ambulance, first is the woman because without her he would'nt have looked!.

Its friend! Who no Dey look women

abhosts:
They probably got intel that the government wanted to raid them to use as scapegoats.

I believe they are the problem because Dollar has already fallen back to 1,320 -1$ today
what is their problem? they should have a fixed buying and selling rate and not to inflate the price every day

The same useless government that want to incriminate private sector who fail to pay salary as at when due

Naira should be pegged before its late

He has probably bleeped majority of the adult he ever worked with.

How are we going to handle this hype if Nigeria crash out bayi?

Yankee101:
Countries with more money pay rent per month, nigeria the poor country is taking rent per year
It’s an anomaly

Monthly payment can not work in Africa,people won’t be able to pay it
It’s just like making more money for the landlords

It’s not a good idea in Nigeria,it will only make rent more expensive and people won’t be able to pay it either

“The problem we have now is that many employees are children of politically exposed persons and their Abuja life and businesses are more important than the CBN work.

“The CBN is just an address for them and if they have to choose between their spoilt Abuja life and the job, they would gladly leave the CBN.




Sanusi hit the nail.

Bobloco:
Really

So in those countries, they don't obey court orders

The judges do not give senseless order,there is a seperation of power even thou some of them are not democracy,every arm of government respect one another,the judiciary doesn’t have power to invite/arrest EFCC Boss,only the legislature are vested with the power to do.
The right thing should be to fine the EFCC

Bobloco:
Which sane country have you been to

Atleast 5 European countries,Uk and Canada

Bobloco:
If Nigeria is a sane country, the IGP would have carried out the arrest order.

Unfortunately, Nigeria isn't a sane country.

The order won’t happen in a sane country

Olachase:
I don't think there's anything we can do about it, that's part of the disadvantages of social media 😔😔


Imagine make 16 years old girl day talk say 5 Rounds no satisfy her 🤭🤭

To be sincere children of this days are far better than children of 1990s and early 2000s, children of those 2 period are the worst in the history of human kind when it comes to sex and scoring zero,then they use to get pregnant at will,have sex in public, you will Hardly see them passing WAEC or Neco

7lives:
No matter what, Dangote cannot add loading, shipping and clearing cost to his products in Nigeria, no more fuel importation.
The price of petroleum products will definitely go down in Nigeria and no more gbajue subsidy too.
A win win for Nigeria.

Nigerians are very greedy especially Dangote,importation might prove to be cheaper in the long run,just use other products as a case study
I will just advice government not to monopolize it.
Just ask yourself why imported products and foods are cheaper than locally made

Tofax:
Thank you Dangote.
All our past & present leaders especially past presidents & head of state should bury their head in shame.
A country of over 220 million people depends on one man to solve the country's problems.

Dangote may God continue to increase & bless you.

The price will be the determinant if we are going to thank him,Dangote can not be trusted could make things more difficult for Nigerians.

Go and build house if it’s easy,cost of building materials is now multiply by 3
The worse is you can never make the money you used to build the house back in 20 years.

China will never go to war with anybody,they are peace loving people and beside one child policy will make sure every family cries in the country if there should be a war
But I believe China will never go you war,they just don’t like war if you check the Chinese history

FightingFalcon:
....
Woe betide y o u....
Ungrateful swine....
Why your papa no go stage combat with bullets and guns..
Until u see dead soldiers before u know say na real combat....
I won't be surprised if you're an ipob sympathizer.... Na so una deh mumu when una come face to face with reality

I dont think its real as you can see them walking majestically instead of crawling on the floor.You dont walk like that in the face of bullets.

zubby4567:
Even if he is d best he should be suspended

Almost every politician is corrupt infact in African politics,you won’t get there if you are not corrupt.
No way this man should be sacked ,nobody to replace him
Lot of dead Horses

epainos:
Tunji-Ojo is not the only person who can do the job...though, we all can see his effort. However, he is gone. He is just a thief like all of them. No matter how you want to show you are good, you cannot be good. Tunji-Ojo like most Nigerians are corrupt.

The below comments are signals of helpless people. I feel for the individuals below cos they don't even know good from bad. The signal is clear that Nigerians are ready to accept suffering for the rest of their lives. They just want their passport and get out of Nigeria.






And this comment....hmmmm....you are right sir. It is better to stay out of politics for now.




Nigeria is finished. It cannot survive this. Never.

The Job that has been there since 1999 and nobody was able to do it and now you are telling me you know someone who can do it
Go and sack him,the fact is we are helpless as a country and we need more of him rather than sacking him

They want to suspend the only good man that ever comes out Nigerias politics ?
Good luck .

It’s kind of obvious those people procure it not really earn it.

I read this news like 3-4 months ago