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Nairaland Forum / Nairaland / General / Business / Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries (32862 Views)
Why Exactly Is The Cement Price Going Up This Way? / BUA Promises To Reduce Cement Price / BUA: No Increase In The Price Of Our Cement (2) (3) (4)
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Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by JEWELofHELL: 7:48am On Apr 13, 2021 |
Management of Dangote Cement Plc has said yesterday that the price of its product per bag from the factory was between N2,450 in Obajana and Gboko, and N2,510 in Ibese, inclusive of VAT. https://www.vanguardngr.com/2021/04/our-cement-price-is-lower-in-nigeria-than-other-countries-dangote/ 5 Likes 1 Share
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Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Nobody: 7:51am On Apr 13, 2021 |
Where can I buy cement for 2500 in Nigeria Please? 147 Likes 4 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by woleabayo(f): 7:52am On Apr 13, 2021 |
lori iro 52 Likes 2 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by thesicilian: 7:53am On Apr 13, 2021 |
When you consider the overall cost of doing business in Nigeria, including taxes, logistics, raw materials, etc, you'll actually agree with what Dangote is saying. 54 Likes 3 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Xdesign79: 7:59am On Apr 13, 2021 |
This what happen when govt would not control the price of commodity in the country....everybody does what they like...its so sad. 26 Likes 3 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by capitalzero: 8:02am On Apr 13, 2021 |
Xdesign79: Over-regulation and over-taxation are killing many businesses. 48 Likes |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by FOLYKAZE(m): 8:04am On Apr 13, 2021 |
Kabongo1: Cement is sold at the rate of ₦3,000 per bag. It should go for ₦2500 as stated by DCP but we need to honestly add logistic cost, transportation cost, and other expenses like store rent, security, loading costs from the retailer and distributor end. Also note that retailers are selling for profit, not running charity. 71 Likes 5 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by owobokiri(m): 8:06am On Apr 13, 2021 |
thesicilian:Which taxes? The one they refuse to pay? They ones they don't pay in other African countries? Which "overall cost of doing business"? They're almost getting limestones for free! Explain exactly how the cost of doing business in Nigeria is responsible for almost 5k per bag of cement! He sold cement for almost 2k under Jonathan. Dangote is even trying to shift the blames to the traditional bogey man here, the "middle men", you are the one pushing a tired excuse of "cost of doing business".. Don't know why every evil in this country must have a supporter... 187 Likes 13 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by FOLYKAZE(m): 8:08am On Apr 13, 2021 |
Xdesign79: Control price price as how? You mean they should subsidies cement like they are doing to petroleum? Dangote and the retailers is running a profit oriented business. If you want cement to sell for ₦500, you can open your own plant and sell it at lose 20 Likes 5 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by FOLYKAZE(m): 8:10am On Apr 13, 2021 |
owobokiri: You don't have to lie to substantiate your points. Where are they selling cement at ₦5,000 per bag? Can you show us receipt evidence? 24 Likes 1 Share |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by dvdwed(m): 8:16am On Apr 13, 2021 |
That fair enough. #2,500 - Factory Cost price # 300 - Delivery # 200 - Retail Profit Averaging #3,000 to #3,500 Dangote is not the problem , the guys printing more #60b naira notes, yeyerizing the naira. Bubu and his gang. 19 Likes 2 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by owobokiri(m): 8:19am On Apr 13, 2021 |
FOLYKAZE: People like you who tell ordinary citizens to go and start a cement factory if they want to bring down the price of cement are the biggest problems we have in this unfortunate country! You're too vicious for your own good! A comparative analysis of cement prices across borders in Africa was posted here few days ago, showing the disparities in prices, including in countries with Dangote outlets. Your response is to start talking of cost of doing business in Nigeria... Go to obajana, Dangote is getting his local raw materials almost FREE! If we have to factor in the cost of imported raw materials, it's only fair we take into consideration the fact that he gets away with all sorts of privileges in this country, including tax cuts, free access to mineral resources, cheap labor and endless grants! Cement production used to be in the exclusive list, mind you. So it's a highly profitable and economically sensitive aspect of the local economy! Dangotes irresponsible business practices in this front is directly effecting the way Nigerians live. And yes! Cement sold for over 4,500 per bag in certain places in the east recently! That's totally obnoxious.? 104 Likes 7 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by nwimo22(m): 8:25am On Apr 13, 2021 |
I bought cement at N4,000 yesterday in Owerri FOLYKAZE: 42 Likes |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by FOLYKAZE(m): 8:33am On Apr 13, 2021 |
owobokiri: You were lying with every single punches from your finger that cement is sold outrageously at the rate of ₦5,000. You turn around yelling it is sold at ₦4500 in the east. Where is your evidence? You are only asked to provide an invoice showing the rate but you can't submit any. What raw material does DCP get absolutely free? Is limestone the only material needed for producing cement? And where is the evidence DCP gets limestone absolutely free as you suggested? Tax cut, cheap labor, limitless grants...you can cook all those bullshit from your bumbum. It's all riddle with lies unless you provide substantive evidence. DCP has stated they produce and sell from the factory at the rate of ₦2,500. The middlemen and retailers are free to add their own expensive cost of logistic and transport, rent, labor, and profit to arrive at ₦3,000 which cement are sold at retail outlets. 21 Likes 6 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by FOLYKAZE(m): 8:35am On Apr 13, 2021 |
nwimo22: Show us the invoice. DCP said the cost out of factory is ₦2,500. Deal with middlemen and retailers if cement is sold at ₦4,000 in Owerri. It is ₦3,000 in Ondo state 12 Likes |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by FOLYKAZE(m): 8:38am On Apr 13, 2021 |
dvdwed: Nigerians would want Dangote to supply bags of cement at the doorstep of consumers at no cost. To transport 120kg pks (palm kernel seed) from Ondo state to Odeogbolu in Ogun state is ₦500. This is not up to 1000km stretch o. Nigerians would want you to overwrite transport expenses and sell cement at zero cost 20 Likes 3 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by owobokiri(m): 8:45am On Apr 13, 2021 |
FOLYKAZE:Don't have the interest to go back and forth with a "monument to mischief" like you... Cement prices in Nigeria is a very topical issue which a whole lot of families are grappling with. This is a country where individuals more else carter for their housing needs. You can play to the gallery, but facts are facts. And facts are that Dangote was caught selling cement in other African countries with logistical challenges worse than Nigerias.., half the cost he sells in Nigeria! That's where the rub is. You can't spin that one..., hard as you try. I told you that cement was sold in this country for almost 5k! I stand by that because I know when it sold around 4.5k in certain areas in the east. You can now keep entertaining yourself on this thread for stipends, it doesn't change the fact that Dangote your paymaster has the Nigerian economy on a chokehold and must be stopped! 81 Likes 4 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by FOLYKAZE(m): 8:58am On Apr 13, 2021 |
owobokiri: Oohhhh! We would have hold unto the lies you spew in beer parlours across the East that DCP produces their cement at zero cost, getting everything from raw materials to logistics and tax at absolute no cost or cheap. DCP has stated that the factory cost of a bag of cement is ₦2,500 plus ₦300 for transporting it with 1200km radius. That is the total of ₦2,800 or ₦2,850. If you are buying it at ₦9,000 in your neighborhood, then you should question the middlemen and retailers in your neighborhood. Middlemen and retailers hike the retail price to whatever considering the expenses they incur like store rent, security, labor, dues to the government, and others. Considering that DCP claims they haven't increase price of ex factory cost since December 2019, we have to look toward the retailers for the incessant increase of the price of cement within the country. Late last year, a bag is sold at ₦3,500. And after the public outcry, it dropped to ₦3,000. It was sold around 2018 at ₦2600. 20 Likes 6 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by AmazingELixir: 9:20am On Apr 13, 2021 |
Hmmmm |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Hambivert: 9:20am On Apr 13, 2021 |
Our Anger should not be on Dangote. The ineffectual government we have and their policies are what we should vent on because these are what drives the prices of these things. I was at Enugu some days ago and was caught up in traffic when I saw these hawkers selling a sachet of 'Pure water' for ₦20. Pure water that was just ₦5 which day Dangote is not the problem. Nigeria is the problem! 8 Likes 2 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Seniorwriter(m): 9:20am On Apr 13, 2021 |
Nonsense |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by EJEHSON(m): 9:20am On Apr 13, 2021 |
Lies |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Numerouno94(m): 9:21am On Apr 13, 2021 |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by iampeterben(m): 9:21am On Apr 13, 2021 |
Story! 1 Like |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by superlanny(m): 9:21am On Apr 13, 2021 |
believe a man who wines and dines with devils in human form at your own peril. 2 Likes |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by chrisxxx(m): 9:22am On Apr 13, 2021 |
Why is it 4500 in PH? 8 Likes |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by thesicilian: 9:22am On Apr 13, 2021 |
owobokiri:When you start your own business, you'd understand 13 Likes 2 Shares |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by alphaconde(m): 9:22am On Apr 13, 2021 |
let it be x3 In other country, oga it is still too high 1 Like |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by CocoaOla: 9:22am On Apr 13, 2021 |
Federal government is the real problem of one Nigeria they are accomplice of bad policy milking their own citizens increasing prices of good, bad economy practice and subject them to slavery and monopoly economic China government Sue Alibaba for same reason Nigeria government will always support anything that rip off and make their own citizens life miserable for political reasons Dangote ordered to sell Cement N1800 (99-110 Kwacha) in Zambia. The directive was given after a recent uproar following cement price increment in Zambia by big players like Lafarge Zambia PLC, Dangote Cement Zambia Ltd and Mpade Limestone Ltd. Same product sells N3500 in Nigeria And federal government is loving the high price Fu ck k k Nigeria Don't force one Nigeria on US 6 Likes
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Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by emmanuel596(m): 9:23am On Apr 13, 2021 |
Lies |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Nobody: 9:23am On Apr 13, 2021 |
FOLYKAZE: I won't blame Dangote. This is Nigeria where you can't do business easily. Na today hin start to dey sell high price, if you can't buy Dangote cement buy Larfarge/Elephant na 3 Likes |
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by oyeb15: 9:23am On Apr 13, 2021 |
Why 'Our ' . it's Your' He carelessly reveal that he's working with Bubu government in inflating d price of cement. |
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