₦airaland Forum

So cement has increased to 10k per bag and everyone is behaving like it's ok.


That otedola saw something and highly privy to what we didn't know

spyder880:
My brother, quotation in Nigeria is no longer reliable. But we must fight to move with better speed, in that way, we minimize the damage that will come from this inflation.

so I just heard that cement is 10k per bag now.

You really moved fast

This is called two factor authentication. If Nigeria wins, his prayers worked,if Nigeria loses,his prophecy is true.


This is a new level to this scamming shii

spyder880:
Still buying more cement yesterday, N8,500 per bag, before you arrange for transportation.

please oh, how do you go about preparing your quotation with this type of deviation?


From 7500 to 8500. Nothing can prepare you for this

Prigidypogodo:
jmichlins my guy for nnewi that year
how far na sweetheart 😘😘

see me as I dey. Nnewi still dey ok

There you have it. Just suffer because everyone is suffering.

Meanwhile everyone else has steady and uninterrupted power supply

hamtabfawaz:
The bolded is a serious case! some clients are so kind to understand your predicament, you can't blame others (client) who feel it doesn't make sense, it's really annoying. The vendors are the greedy ones, a stock he bought for ₦50 per unit after calculating all expenses (Transportation cost etc) he decided to sell the stock to gain profit for ₦150 per unit, you go to this vendor to buy for ₦150 on Monday, the vendor will tell you that if you come the next day, he'd sell the same stock for ₦200 because market price has increased, the same stock he bought for ₦50 ooh.

Pure Greed!!!

increasing the price of your goods to reflect the current costs isn't greed. I do it with the stock I have on ground cause I will go back to the market and buy at the new prices.


Greed is the same people who increased their prices because of "dollar" are yet to decrease same even with the naira making gains against the dollar.

This is wickedness and economic sabotage

Congo, we dey for you.


Make Ivory Coast win third place. E no go bad

Omo!!!!!

Omo!!!!

I nearly die but thank God


AFCON finals

Congratulations on the new job.

But then na this same Naija where everyone else is complaining that people are guzzling up materials like this.

We dey here

ruggedtimi:
goal matters as a striker...

winning prize is most important to me as a supporter. Whatever it takes for us to win. Individual accolades is not the priority now.

We don make too much mouth for this afcon so anything short of the trophy is a wahala

Deogratiasfx:
While I feel for him let's tell our selves the truth, we have other people that can even do better, yes Osimhen is trying but let's not make it feel without him Nigeria is in trouble. 5 games: One goal one assist and we are making it sound like the whole team success rests on his shoulder.

it's not the goals that matter. His presence can make two or three players useless in the opposition team as they will be busy holding him down and others will be able to score.

That's how important quality players are

Tinubu, Atiku and Obi get shares for there. It's the sacred cash cow

blacknp:
Dey wait for President, Lazy Thing.

Wetin be the IGR for your state last year, how much foreign exchange your state make based on export of commodities established on their comparative advantages?

inflation is beyond the control of the governor. It's the failure of the policies of the president and Cbn

Resurrection212:
Good move if its through sai Dangote think he get sense ...if the crude oil Nigeria government supplying not enough he can shutdown the company .

Dangote refinery is situated in a free trade zone for a reason

Godisgreatest1:
The attitude may be because the demand is still there despite the price increase. But All is well.

in spite of it all, your customer service should be top notch. Anyone who can build now will do more exploits when things settle

No be today people begin to import and it's not today people tried exporting. What is happening today has nothing to do with the masses. Channel your energy to the appropriate quarters

Power is non-existent, steel is imported but you want people to set up companies. Which competitive advantage do they have over importation.


All these arm chair economists who haven't done anything business in their lives

Godisgreatest1:
Dangote Cement is sold at #6500 in Mile 3 area of Port Harcourt. I just priced it now now.

I priced the dealer #6300, he just ignored me and attended to somebody else.

Don't they price cement again??

Where are we heading to?....now that I want to plaster!!

Happy Sunday everyone.

go and buy elsewhere. It's one thing for things to be expensive, don't add attitude to it biko.

AGRICT:
He said he is using Four three quarter h beam

well, if he says he can deliver and you're certain, pay him 100%. This is the only way he can do it.

25ft tank stand for 750k, I can not do it no matter how I calculate it

You left power and authority less than a year ago. You had a whole eight years to tell your bosses about this wonderful idea but no, you will rather get sense and inspiration the moment you're out of power.


Na so Tinubu suggested all these things to move Nigeria forward and now, he's not doing any of them

Amankedinaihu:
Hi Michlins,
I am wondering how to get your estimate for a 30' tank stand in Ekwusigo?

if you can please provide me with the details. How many tanks do you intend for it to handle

Badgers14:
The situation on ground.. seems like economic sabotage Promax. I thought it was bad during GEJs tenure.. Buhari's government was worse and Tinubu's government goes hold my beer.

For lack of better word.. it is like a hopeless situation.. and almost irredeemable...( but I do hope and pray for a miracle for it to be redeemed)

It's makes me sad to see how things are bad for the common man.

Like we all are discussing building construction here.. now let's say someone managed to raise $63k to build a house in this current clime.. now where you go see legitimate tenants that would rent the place?

How many people can comfortably afford the high rent at this time, even yahoo boys sef... if you allow them in your property and stomach their wahala.. when there rent expires.. it is usually war for them to pay.

hopeless situation it is. But the funny thing is that people are building like crazy right now. I don't even understand it again

gbadexy:
True but this is assuming payment was made within a short period prices was quoted for.

I made a quotation in the morning and the client said he will pay by evening. That afternoon, there was 1k increase in the cost of one of the materials. Calculate the quantity I need. So how do you discuss it with the client without sounding stupid and ignorant of your trade.

I just swallowed the losses from my end and took up the job

Badgers14:
Although there are alternatives... say you do transfer for others that need it.

The pesin would want you to transfer at bdc rate of 1525.. say man got 3m in rent and want to use it for one or two at base.. 3m would give ya $1,967 (@1525/$1).. that's is not even enough to pay one month rent for many people .

Compared to 367/$1 that would fetch $8,174 (for 3m)

so like this, which way biko cause it's like an looped circuit with no exit

erico2k2:
Guys if you can buy Cement this evening better go and buy as much as you need cos its going up on Monday, I just bought 20 bags @ N6200, some already selling the Monday price N6700.We don die for Nigeria

for days now, it has been 6700 here in Nnewi

gbadexy:
Not so funny thing is that the increase can't be continually passed on to the client at the same rate.

there's so much adjustment a client can take. He or she is also dealing with same fluctuations in his or her own business. To mitigate this issue, client needs to pay at least 80% of the contract sum. And this is where it gets difficult cause not everyone can afford it

topsy23:
The ongoing economic challenges have led to a daily increase in material prices. This is really affecting majority of contractors. Giving a quotation now is somehow you may not know tomorrow's price.

Coleman increase price twice in January(24th and 31st) and this increment does not come with any notice. Heard again that in the coming days there might price changes again.

Really affecting a lot of business.

this is nothing compared to what I experience daily. On Thursday, I bought a tin of body filler for 30k, yesterday which was Friday, I bought 32k in the morning and 35k in the evening

Paraman:
Lol

Who are the people who will mop up $5 billion in days?

How much naira do you think is needed to mop up $5 billion? Where will they get the naira from?

the same people who liquidated our excess crude account, liquidated our external reserves. They're still waiting for the government to push dollars so they can mop up and resell at premium. Same people who mopped up the $3bn afrimbank loan for crude.


And no, Nigeria banks don't have dollar reserve of up to $5bn. It's merely a propaganda

Paraman:
One kid was telling me dollar will shoot up to $/#2000 yesterday because abokis decide not to sell or buy yesterday in some part of abuja.

and it will happen. This is temporary relief which will be mopped up within days

Good morning sir. Here's my digits. 07032fourfour6904

Amankedinaihu:
Oga Michlins,
Please let me know when you would be available to talk.
I have a project in Ekwuaigo.
I'm not sure how to contact you but I hope you will respond to this message.

Thanks
Amankedinaihu

February will be kind