₦airaland Forum

GENERALLY, IT KEEPS BECOMING WORSE...
Nigeria is becoming unbearably expensive, not because we lack resources, but because we have allowed greed, recklessness and wickedness to become normal.

Cement is now around ₦13,000 - ₦15,000 per bag. Petrol is roughly ₦1,300–₦1,500 per litre on average. Ordinary Nigerians are struggling to build homes, transport themselves, feed their families and simply survive, these are government's responsibility in many countries of the world.
SOMETIMES, I JUST WONDER WHAT THE GOVERNMENT IS EVEN DOING FOR US.
WHAT DO WE BENEFIT, FROM HAVE A GOVERNMENT?
And the painful question is: why?

Nigeria has enormous limestone deposits and produces far more cement than it consumes. So why should cement be priced beyond the reach of ordinary Nigerians while we have the raw materials and production capacity?

We are being failed by greed, corruption, reckless policies, exploitation and a shocking disregard for the suffering of ordinary people.

Dangote is just doing what he likes and will continue to do so as long as the government remains irresponsible.
Everything is increasing astronomically with his net worth.
I don't just blame Dangote, the government - NNPCL is also a major owner and stakeholder of the Dangote refinery.

Very shocking
Evil psychopath
SHE SHOULD BE LOCKED UP FOREVER.

If you want help, help
Which one is him remitting 100k weekly?
To your own blood brother? How is that feasible?

Lol

Formality....

Waste of time....
If you know you know.

Thundafireseun:
Who has no sin should cast the first stone ..

Banish to where??

What about the husbands brother??

If we go by this senseless mentality, then we shouldn't have a law system, court and prisons.

Nice one
This is like the highest title you can give a woman there...

One of the things important in life is travelling...

Very smart of them.
Thank God for social media

Lol
MUMU man getting involved in love affairs
You'll learn the hard way.

Good PR

Best of luck to them.

Nice one
Congratulations to him

yhgaj:
Congratulations to him and all Nigerians

I genuinely wonder how people think and how we measure progress in this country, especially in this era.

Why are we celebrating the increasing wealth of one individual as though it automatically translates into prosperity for the average Nigerian? What does his becoming richer actually change for the ordinary citizen who is struggling with inflation, unemployment, poor infrastructure, high energy costs and declining purchasing power?

Yes, building industries, creating jobs and investing in production are valuable. But we need to distinguish between an individual becoming extremely wealthy and a country becoming genuinely prosperous. They are not the same thing.

Nigeria is one of the world's major oil-producing countries, yet millions of Nigerians still struggle with basic necessities.
HOW MUCH IS A LITRE OF PETROL IN
IRAN
RUSSIA
LIBYA and other countries on top 20 oil producing countries?

We produce cement and export it to neighbouring countries, yet Nigerians can still face high domestic prices. We have enormous natural and human resources, but the broader population has not benefited proportionately from that wealth.

So perhaps the question shouldn't simply be, "How rich is Dangote becoming?" The more important question is: How much better off is the average Nigerian because Nigeria has people and companies capable of accumulating such enormous wealth?

A country should not measure success by how many billionaires it produces. It should measure success by the quality of life of its ordinary citizens: affordable food, reliable electricity, decent healthcare, good education, productive jobs, functional infrastructure and purchasing power.

I have nothing against Dangote becoming wealthy. The bigger problem is a system where extraordinary private wealth can coexist with widespread public hardship, while we celebrate the wealth without seriously questioning why prosperity is not spreading more broadly.

That is the conversation we should be having.

Ayomitide77:
This is massive

Well done sir

Well done sir for what?
That he keeps increasing the price of petrol and cement recklessly?
Nigeria exports cement to Benin, Togo Niger etc, go find out how much cement is sold in those countries compares to Nigeria. The many has no justification for his frequent increase of those commodities.

Why not
IT'S ABSOLUTELY WHY NIGERIA IS 12TH LARGEST PRODUCER OF OIL IN THE WORLD, BUT AMONG THE COUNTRIES WHERE OIL IS INCREDIBLY EXPENSIVE.

See the price of cement as well...
People are just too greedy in this country.

Sonnobax15:

Kim grew up in a society and era where and when morality used to be the order of the day. While north west is the opposite of what the same society had become

You absolutely don't know what you're talking about. Go find out who Kim's parents are.

Irresponsible parent's upbringing..m

Just cement as an example,
From
#1300 to 13k in 10 years. This is absurd.

This is very unprofessional and partisan.
So, he's now an APC member?

zenburster:
[b]No one is bad belle-ing you.

If you manage to accumulate $100k in your entire lifetime, thank God.

Wanna bet?

Facts only[b]

That’s not “facts.” That’s poverty mentality with Wi-Fi in your DNA.

Because $100k is your lifetime ceiling, you’ve decided it must be everybody’s? How embarrassingly small.

Tony Elumelu didn’t start as a billionaire. Dangote didn’t wake up with an empire. Nobody starts at the top.

Some people see obstacles and build anyway. Others see their own limitations and call them “reality.”, that's you.

Your ceiling is not my ceiling. Your fear is not my destiny. Your lack of imagination is not a financial law.

Speak for yourself. Don’t turn your small dreams into a prophecy for everyone else.
You can remain low in your thinking but some of us have wings and we'll fly.

zenburster:
Yinmu 🤣🤣🤣

15 more characters needed

Bad belle, it'll happen before your very eyes. Watch out

Congratulations to him
One day
LABSTORES.NG will be there

That killer cop MUST be kpaid too.
Enough is enough.

So, all she does for work is "House wife"
Cook, wash, press phone, watch movies and sleep

The couple are in polygamous relationship

It's okay...
But personally, I can't feel comfortable in such car and situation.

RIP icon
Very captivating artist

The irresponsibility of the government and the greed of this man is becoming increasingly difficult to comprehend. He keeps increasing the prices of essential commodities to unreasonable levels, with little justification that makes sense to the ordinary Nigerian.


A country of great wealth and resources is now at the mercy of one business man doing as he pleases...
And yes, this is an argument against Dangote. We should stop pretending otherwise.

There is no convincing reason why Nigerians should be paying exorbitant prices for petrol in an oil-producing country. Nigeria is blessed with crude oil, yet Nigerians are made to pay through their noses for the refined product. There was a time in this country when a litre of table water could cost more than a litre of petrol. Now fuel has become one of the biggest burdens on households and businesses. And what happened to kerosene?
ANYTHING ABOVE ₦500 Per litre IN THIS ECONOMY IS NOTHING BUT GREED AND WICKEDNESS.

Look at countries with enormous oil reserves. Even nations facing war, sanctions, economic hardship and international pressure have managed to keep fuel considerably cheaper for their citizens. Iran, despite being under severe sanctions and geopolitical pressure, has heavily subsidised domestic fuel. Libya, despite years of instability and conflict, still maintains remarkably cheap fuel prices. Yet here we are, in an oil-producing country, paying increasingly ridiculous prices for petrol.

Then there is cement.

Nigeria has abundant limestone deposits and enormous cement production capacity. We are producing more cement than the domestic market can consume, and yet Nigerians continue to face some of the highest cement prices around. What makes it even more absurd is the reports of Nigerian-produced cement being sold more cheaply in neighbouring countries than it is available to Nigerians at home.

How does that make sense?

How can the country that provides the raw materials, labour and market for a product end up paying more for that product than neighbouring countries?

At some point, we have to stop calling everything "business" and start asking whether this is simply exploitation of a captive Nigerian market.

Dangote has every right to make money. But Nigerians also have every right to question a business model that continually pushes the prices of essential commodities upward while ordinary people struggle to survive.

What makes this even more disturbing is the silence and weakness of the Nigerian government. Instead of aggressively investigating pricing, production costs, market dominance and profit margins, the government seems perfectly comfortable allowing one of the country's most powerful businessmen to dictate prices in sectors that directly affect the lives of millions of Nigerians.

This is not about jealousy. It is not about hating successful Nigerians. And it certainly isn't about saying Dangote shouldn't make profits.

It is about asking why the Nigerian consumer always seems to be the one who gets screwed.

We have the crude oil. We have the limestone. We have the labour. We have the market. We have the natural resources.

Yet somehow, the Nigerian is still expected to pay more.

That is unacceptable.

And if Dangote's pricing is contributing to that situation, then Nigerians have every right to criticise Dangote, question his pricing and demand better value.

Businessmen are not above criticism simply because they are successful.

And governments certainly shouldn't be above criticism for allowing concentrated economic power to operate at the expense of millions of Nigerians.

Nigeria is not supposed to be a country where being rich means you can keep making essential goods more expensive and expect everyone else to simply shut up and pay.

How e com be now?
People should learn to respect themselves...

The greed of this man is becoming increasingly difficult to comprehend. He keeps increasing the prices of essential commodities to unreasonable levels, with little justification that makes sense to the ordinary Nigerian.

And yes, this is an argument against Dangote. We should stop pretending otherwise.

There is no convincing reason why Nigerians should be paying exorbitant prices for petrol in an oil-producing country. Nigeria is blessed with crude oil, yet Nigerians are made to pay through their noses for the refined product. There was a time in this country when a litre of table water could cost more than a litre of petrol. Now fuel has become one of the biggest burdens on households and businesses. And what happened to kerosene?
ANYTHING ABOVE ₦500 Per litre IN THIS ECONOMY IS NOTHING BUT GREED AND WICKEDNESS.

Look at countries with enormous oil reserves. Even nations facing war, sanctions, economic hardship and international pressure have managed to keep fuel considerably cheaper for their citizens. Iran, despite being under severe sanctions and geopolitical pressure, has heavily subsidised domestic fuel. Libya, despite years of instability and conflict, still maintains remarkably cheap fuel prices. Yet here we are, in an oil-producing country, paying increasingly ridiculous prices for petrol.

Then there is cement.

Nigeria has abundant limestone deposits and enormous cement production capacity. We are producing more cement than the domestic market can consume, and yet Nigerians continue to face some of the highest cement prices around. What makes it even more absurd is the reports of Nigerian-produced cement being sold more cheaply in neighbouring countries than it is available to Nigerians at home.

How does that make sense?

How can the country that provides the raw materials, labour and market for a product end up paying more for that product than neighbouring countries?

At some point, we have to stop calling everything "business" and start asking whether this is simply exploitation of a captive Nigerian market.

Dangote has every right to make money. But Nigerians also have every right to question a business model that continually pushes the prices of essential commodities upward while ordinary people struggle to survive.

What makes this even more disturbing is the silence and weakness of the Nigerian government. Instead of aggressively investigating pricing, production costs, market dominance and profit margins, the government seems perfectly comfortable allowing one of the country's most powerful businessmen to dictate prices in sectors that directly affect the lives of millions of Nigerians.

This is not about jealousy. It is not about hating successful Nigerians. And it certainly isn't about saying Dangote shouldn't make profits.

It is about asking why the Nigerian consumer always seems to be the one who gets screwed.

We have the crude oil. We have the limestone. We have the labour. We have the market. We have the natural resources.

Yet somehow, the Nigerian is still expected to pay more.

That is unacceptable.

And if Dangote's pricing is contributing to that situation, then Nigerians have every right to criticise Dangote, question his pricing and demand better value.

Businessmen are not above criticism simply because they are successful.

And governments certainly shouldn't be above criticism for allowing concentrated economic power to operate at the expense of millions of Nigerians.

Nigeria is not supposed to be a country where being rich means you can keep making essential goods more expensive and expect everyone else to simply shut up and pay.

She has a point...
Stay safe
Stay healthy

Real tragedy... Someone that you birthed and raised...

All Na content
Anything for attention