babamoha:
please what is the value of the naira to Zambia currency? with that we can know how good or bad the dangote guy is.
and main thing is that our government is our worst enemy

LMS1:
One Tribe Like That Will Hire Pickup Trucks And Troop To Zambia Just To Go And Buy The Cement At Cheaper Price And Resell Them Here In Nigeria For Profits.
Igbo Kwenu!!

Wilespo:
...en dangote ? baba them no force u buy the cement na.....there may be reasons its more expensive here...have u thought about the cost of power generation , security , cost of materials and taxes he pays to the government ? the cost of production is Zambia may be less than that in Nigeria.......take for example, if it costs 850 naira to produce a bag of cement in Zambia and in Nigeria, that same bag of cement costs 1250 to produce, will u advise him to see them the same price ? we should blame the government for their policies that discourages the well being of the masses rather than the man proprietor who is just trying to make profit which is the primary aim of any business man ........in my office, i work more and earn less than my American colleague ( we have a branch office in USA).....when i inquired to know why , my boss said its cheaper to run the office from USA than Nigeria.....these guys are business men, they pay heavy taxes, huge amount of money on security and settling community bullshit here and there....na our government be our problems bros.......if things are in place, these manufacturers will lower the costs of their products....but they are taking advantage of the inefficiency of the government to exploit the citizens for their personal gains and frankly speaking u wont blame them.

elGenius:
These children of hate, perdition and envy.

I think it's high time every one begin to stand up to this lunatics.

we've been treating them like kids, letting them have there ways, the pampering as entered there head, we need to deflate there ego, remind them there irrelevance .

they bring there entire generations from there great grand parents to how regions and still go back to tell there people that we are evil and weaked, and that they are being attacked yet they keep coming.

we can't keep allowing these nonentities to insult and ridicule us, enough

Aconomist:
When people ask me why I don't invest in Nigeria, remember this thread and responses like this. Nigerians are addicted to stagnation and justify their own demise -- only a fool would put his hard earned capital into a nation of monkeys like this.

Cement prices around the world range from $3 to $6 while Dangote is selling for the equivalent of $11 for a profit margin of 60% in Nigeria compared to an industry average profit margin of 5% to 12%. He is able to charge these high prices because of low competition -- he kicked out competitors by hoarding limestone resources and convincing the federal government to ban imports.

According to Rabiu of BUA Group, Nigeria's real cost of cement production is the lowest in the world. The high prices are because of price gouging and monopolistic behavior from Dangote.

ayterajah:
Am not supporting dangote but my point of view is that what's the economy state of Zambia compare to Nigeria and don't forget that dangote it's not alone ... he have many govt officials under him

Aconomist:
Chase the bastard out.

Aconomist:
Dangote is selling cement for 55 Kwatcha (1150 naira) in Zambia. But in Nigeria, the same cement is going for 3,000 to 5,000 naira. Dangote is the biggest problem in Nigeria. I have never seen such a wicked excuse for a human being in my live. EndSARS is over. It's time to start END DANGOTE.

https://zambiareports.com/2021/03/31/78130/

Tobbit:
Following our fights on your CBD thread about this. I'm glad you finally took it up, did your research and you're now seeing the light.

I passed a memo yesterday following an information I came across. I hope you are looking into that aswell


Shell Petroleum is out with an exclusive information..



It's a clause within the PIB Bill that is aimed at granting Dangote the sole right to export crude out of the Country... Imagine. Time for another protest Nigerians. Spread the word.



Post this information on your timeline across all your social media handles to sensitive and inform people........ Let's kill this bill before it sees the light of the day..

Aconomist:
Dangote is selling cement for 55 Kwatcha (1150 naira) in Zambia. But in Nigeria, the same cement is going for 3,000 to 5,000 naira. Dangote is the biggest problem in Nigeria. I have never seen such a wicked excuse for a human being in my live. EndSARS is over. It's time to start END DANGOTE. Buckle up the rest belongs to the government. He has monopoly

https://zambiareports.com/2021/03/31/78130/

WoundedLamb:


Just curious, is there anything wrong with looking for where to buy things at a cheaper rate and resell for profit? Isn't that the ideal business plan?

Aconomist:
The only solution for Dangote is a rubber tire and some gasoline. I used to love this man until I did my research and the scales were peeled from my eyes. Wickedness can't even describe this monster.

Lush100:
Sir, just for info

U can't create a price war with the market leader.
That is suicide.( Every good economists knows this).

Every challenger knows this.

I'm not into arguments though

When Aldi arrived in Britain, Tesco and Sainsbury’s were sure they had nothing to worry about. Three decades later, they know better. By Xan Rice

Aconomist:
He used corruption to destroy the other cement producers and hoard all the limestone resources in the country.

Read this article by Chief David Iweta, a cement producer that was destroyed by Dangote.

https://www.thenigerianvoice.com/movie/54550/real-reasons-cement-price-is-high-iweta.html

Rabiu, owner of BUA Group is saying the same thing about Dangote. Who are you to argue?

https://www.nairaland.com/6436641/rabiu-blasts-dangote-calls-liberalize

od501:


Oga calm down. Many things are considered before fixing prices. Check the case of Erisco group, they had to move their business from Nigeria to china cos the cost of production is not not sustainable anymore. It is more expensive to produce here then in other countries with friendlier economic policies.

Aconomist:
Dangote is selling cement for 55 Kwatcha (1150 naira) in Zambia. But in Nigeria, the same cement is going for 3,000 to 5,000 naira. Dangote is the biggest problem in Nigeria. I have never seen such a wicked excuse for a human being in my live. EndSARS is over. It's time to start END DANGOTE.

https://zambiareports.com/2021/03/31/78130/

Aconomist:
The only solution for Dangote is a rubber tire and some gasoline. I used to love this man until I did my research and the scales were peeled from my eyes. Wickedness can't even describe this monster.

michoim:
Fake reporting. The price is FIXED for $5 by the government of Zambia which is equivalent of N2,400 in parallel markets in Nigeria...

Lomprico2:


you be full

MansoryMX:



CBN rate of Zambia Kwacha to naira is 18.54 naira. Bag of cement sold in Zambia is 55 Kwacha.

55 x 18.54 = 1019.7

Josbreed:


If Dangote sells cement at the rate of N1,150 in Zambia, let us know how much is Bus selling its cement before we begin to protest.

Aconomist:
Dangote is selling cement for 55 Kwatcha (1150 naira) in Zambia. But in Nigeria, the same cement is going for 3,000 to 5,000 naira. Dangote is the biggest problem in Nigeria. I have never seen such a wicked excuse for a human being in my live. EndSARS is over. It's time to start END DANGOTE.

https://zambiareports.com/2021/03/31/78130/

Lomprico2:


and when they sell it to your lazy tribe and become prosperous, you will start beefing them.

Aconomist:
Dangote has his own power plants, his own coal mines-- he manufactures his own trucks and bags and even has a private jetty port to bring in supplies. His cost of production is literally the lowest in the world.

expliciit:
The dangote guy is a criminal, I have known this for a long time base on report and experts opinion that cement should not be more than #1000

jaszplus12:

A particular tribe are not happy because it's not their person that's enjoying the monopoly...if it were... hmmnmm they would have said how no one else can be smarter than them!! Would not have referred to it as wickedness but as business acumen!!

Tobbit:
Following our fights on your CBD thread about this. I'm glad you finally took it up, did your research and you're now seeing the light.

I passed a memo yesterday following an information I came across. I hope you are looking into that aswell


Shell Petroleum is out with an exclusive information..



It's a clause within the PIB Bill that is aimed at granting Dangote the sole right to export crude out of the Country... Imagine. Time for another protest Nigerians. Spread the word.



Post this information on your timeline across all your social media handles to sensitive and inform people........ Let's kill this bill before it sees the light of the day..

KingAzubuike:

So who are you to dictate for a man how much he should sell his goods? If you're not comfortable with it then go for larfarge.

Nonexistent:
I hope he sells the cement for N500 to people of your tribe. I knew some mumus like you would try to shift the goal post to tribal and partisan politics, that's what you are paid for. Hediot.