owobokiri:

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...

PAWG:



Good, why then should Dangote be made the scapegoat for that?

thesicilian:
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.

Bobxin:


I've never blamed Dangote. Never. Prices of other building materials have surged as well.

harjay1986:


Sir I know your frustration, but limestone, alone will not make a cement and beside many people,always shout dangote am not saying the man is right in everything but he is a human too

most of ingredients needed for making cement have to coming from other country

nobody talk about BOA cement .. ELEPHANT anD LARFAGE cement comparing their price to dangote the cement factory is not monopolize to some extent i just depend on the size of market you have

why do you think many one man business always fail because if the thing hit you and you dont have supportive plan naa to comit succide

Let ask whats the price for other brand of cement so that it will not be only Dangote we go dey bash

Reference:


My big question to which no reasonable answer has been given is that if Dangote is deliberately gouging his cement prices why has his fierce production competitors in BUA and Lafarge not taken advantage of the situation for a run on market share. Why are they not selling at the sdo called "real prices'.

harjay1986:


Sir I know your frustration, but limestone, alone will not make a cement and beside many people,always shout dangote am not saying the man is right in everything but he is a human too

most of ingredients needed for making cement have to coming from other country

nobody talk about BOA cement .. ELEPHANT anD LARFAGE cement comparing their price to dangote the cement factory is not monopolize to some extent i just depend on the size of market you have

why do you think many one man business always fail because if the thing hit you and you dont have supportive plan naa to comit succide

Let ask whats the price for other brand of cement so that it will not be only Dangote we go dey bash

FOLYKAZE:


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.

owobokiri:

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...

fastseo:

I believe there is excess demand right now. Let them open the border a little or allow other players to come in

FOLYKAZE:


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.

Bobxin:


Which state?
That means the price is different in different States.

Xdesign79:
This what happen when govt would not control the price of commodity in the country....everybody does what they like...its so sad.

Tayeni:
Opening the border would be a stupid idea.

Tayeni:
Lol. " Financial base?". What I understand from what you wrote is that, stock market investors should bear the brunt by watching the value and returns from their stock suffer.

That apart. You will experience every bit of every bump in a risky and volatile economy my friend.
policy somersaults, Business killing policies, No infrastructure (you have to build yours from scratch) etc will make any business man negotiate those twists and turns like a formula one driver.

uvie66:
Oga you no Econs 101, why will government interfere in a free market economy to regulate prices. The forces of demand and supply have taken effect.

thesicilian:
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.

Topmaike007:
raw material? Is he importing them? Abeg spare me that trash, people that need to say this things are people like Innosson who import his Chinese vehicles and assemble in Nigeria.

Xdesign79:
This what happen when govt would not control the price of commodity in the country....everybody does what they like...its so sad.

Glycosunde:

This man is obviously lying. Factory price can't be #2,500 because no retailer will add #1,500 to it and sell at #4,000. The factory price should be between#3,000- #3,300 which is too expensive. Most of what he so facing in Nigeria is also there in other countries that his companies are so why is Nigeria own different when he is even enjoying more in Nigeria and Nigeria have more than twice of the population of other countries


Sighs.......... Drops pen

Glycosunde:

This man is obviously lying. Factory price can't be #2,500 because no retailer will add #1,500 to it and sell at #4,000. The factory price should be between#3,000- #3,300 which is too expensive. Most of what he so facing in Nigeria is also there in other countries that his companies are so why is Nigeria own different when he is even enjoying more in Nigeria and Nigeria have more than twice of the population of other countries

So you think! You don't know the heart of Middle men in Nigeria is desperately wicked.


Sighs.......... Drops pen

owobokiri:


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.?

Xdesign79:
This what happen when govt would not control the price of commodity in the country....everybody does what they like...its so sad.