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Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries - Business (7) - Nairaland

Nairaland ForumNairaland GeneralBusinessDangote: Our Cement Price Is Lower In Nigeria Than Other Countries (36777 Views)

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Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by onuman: 12:18pm On Apr 13, 2021
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.?
The bigger picture why cement price quickly doubled immediately after PMB came to power:

southern Nigeria with greater speed in building with cement must slow down for the north.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Nobody: 12:23pm On Apr 13, 2021
BluDesk:
Is cost of electricity. Or transportation in Zambia free?
So cost of electricity and transport in Zambia must ble exactly like Nigeria...two different countries.....

Comrade lenin, good afternoon. cheesy
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by BluDesk: 12:27pm On Apr 13, 2021
Neutralobserver:
So cost of electricity and transport in Zambia must ble exactly like Nigeria...two different countries.....

Comrade lenin, good afternoon. cheesy
Smh. As usual. Continue. You go Tey where you dey


By the way. I have 40 workers working for me.. And have acquired 50 acres. And currently into production. This is my 675th project since I've been intro project management.


Never worked for anyone. Always creating jobs everywhere I go. Mentored over 300 Nairalanders offline. When I speak on economics, trust me, I'm a maestro. If you doubt check my points one by one and debate them intelligently.


Since you don't know gas powered turbine in production avails atleast 200% cheaper productivity and power stability critical to consistent productivity.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Habibullahee(m): 12:39pm On Apr 13, 2021
Our problems in this country is middle men and retailers, they're everywhere in every business
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Glycosunde: 12:41pm On Apr 13, 2021
BluDesk:
Now this is someone smart. Not the other gullible entities that flooded this thread


We know the cost of a trailer of Dangote cement from factory to retail outlets. This information is in public domain.. And the price per bag after deducting price per truck isn't even 2800 Naira


There's no cement seller that makes more than 400/500 Naira profit per bag. Quote me anywhere anytime
Don't mind them. How are they going to be making almost #1,500 per bag. It can't be #2,500 as he claims but he wants to shift the blame as it is customary of them to do. You can imagine that the people feeling the brunt are the ones also defending this monumental corruption. Nigeria who did this to you?

Sighs........... Drops pen
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by BluDesk: 12:42pm On Apr 13, 2021
Glycosunde:
Don't mind them. How are they going to be making almost #1,500 per bag. It can't be #2,500 as he claims but he wants to shift the blame as it is customary of them to do. You can imagine that the people feeling the brunt are the ones also defending this monumental corruption. Nigeria who did this to you?

Sighs........... Drops pen
Smiles. This is another highly intelligent yet brief comment. If truly it is 2500 per bag, are we saying 1500 is added to this. Wow. I didn't even see it from this angle. Nice one
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Glycosunde: 12:47pm On Apr 13, 2021
BluDesk:
Smiles. This is another highly intelligent yet brief comment. If truly it is 2500 per bag, are we saying 1500 is added to this. Wow. I didn't even see it from this angle. Nice one
Thanks for educating them but we can't force them to see beyond the smokescreen because they are apologists. Remember even the devil has allies and sympathizers. Hopefully we will get it right one day but until then, let those who know keep on been the discerning voices


Sighs.......... Drops pen
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by BluDesk: 12:52pm On Apr 13, 2021
Glycosunde:
Thanks for educating them but we can't force them to see beyond the smokescreen because they are apologists. Remember even the devil has allies and sympathizers. Hopefully we will get it right one day but until then, let those who know keep on been the discerning voices


Sighs.......... Drops pen
Thanks Bro



I appreciate. My soul finds comfort with just this one voice of support. At this point, I rest my case and log off.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Elxandre(m): 12:53pm On Apr 13, 2021
pickatyou1:
Dangote don add lying to him list, he is learning from our nigerian politicians
Lol, how much do you think that is in Naira?
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Tecord1(m): 1:02pm On Apr 13, 2021
FOLYKAZE:
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.
Cement is sold in warri axis of delta state between 4200 and 4500 bros. You can call anyone you know to confirm for you. So please stop this your talks. Yes we know middle men has a part to play in all this but then the problem is not entirely their fault.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Pvibe007: 1:09pm On Apr 13, 2021
FOLYKAZE:
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
True. They forget that haulage is another different business on its own.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Pvibe007: 1:09pm On Apr 13, 2021
FOLYKAZE:
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
True. They forget that haulage is another different business on its own
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by pickatyou1: 1:12pm On Apr 13, 2021
Elxandre:
Lol, how much do you think that is in Naira?
Use google and Press calculator bro.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Tayeni(m): 1:42pm On Apr 13, 2021
Neutralobserver:
So cost of electricity and transport in Zambia must ble exactly like Nigeria...two different countries.....

Comrade lenin, good afternoon. cheesy
This one own pass comrade Lenin.....na chairman Mao.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by mukthar2000(m): 1:51pm On Apr 13, 2021
our production costs have gone up significantly.


What production cost are they talking about, was it the free limestone and coal in kogi state or the free limestone in ibese or the 15years tax the did not paid to the federal account or the way of his exploitation what other additional cost product are they talking about?


Stop fooling Nigerians , drop ur cement price to enable a common Nigerian Man own just Room to rest his life by the time the or she resident from add labour.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by jcross19: 1:57pm On Apr 13, 2021
FOLYKAZE:
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
you are a part problems we have in this country, personally I bought cements for 3700 almost 2weeks now and now its 4000 naira,later I discovered that the price was been regulated by the company because all of them, I mean cements distributors sells the same price...
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Connected1: 2:58pm On Apr 13, 2021
FOLYKAZE:
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?
Even if DCP pays you, it doesn't change the fact that you are still stupid.
Cement was sold for 5.5k in Ughelli Delta State around December last year, and it's still sold at 4k here.
Dangote and his group of inflators will know no peace in their lives, forget about their money.
And if you still need evidence, then come to Delta State and confirm.
Devil punish you.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by JeAgro477(m): 3:00pm On Apr 13, 2021
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.
agree with What?People always have reasons to justify their actions
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Ifyz0001: 3:07pm On Apr 13, 2021
Oga Dangote, that is a lie as at December in 2019 I asked my colleague in Benin republic of the price of Dangote cement in his country and he told me #2100, when in Nigeria it was higher.

Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by samwillyco1(m): 3:07pm On Apr 13, 2021
FOLYKAZE:
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.
Here in OGIDI in Anambra State cement goes for 4000 and 4200 per bag
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Tcwork: 4:25pm On Apr 13, 2021
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.
Nigeria has some of the lowest tax in the world.. dangote does not buy raw materials, he mines them free from the ground. He doesn't pay a kobo for the limestones.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by tonididdy(m): 4:42pm On Apr 13, 2021
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.
Why should a product that is 100% sourced locally in Nigeria be selling for 2500?
... And here you are defending blindly
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by tonididdy(m): 4:44pm On Apr 13, 2021
Ifyz0001:
Oga Dangote, that is a lie as at December in 2019 I asked my colleague in Benin republic of the price of Dangote cement in his country and he told me #2100, when in Nigeria it was higher.
I hate this country with every fibre in my muscles.

Everything goods and services received over a 100% increase, yet Nigerians are relaxed like it's nothing happened.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by BluDesk: 4:54pm On Apr 13, 2021
tonididdy:
I hate this country with every fibre in my muscles.

Everything goods and services received over a 100% increase, yet Nigerians are relaxed like it's nothing happened.
People speak based on the level of their intellectual abilities. Most Nigerians are literate, but technically not as astute as they ascribe to themselves.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Richthekid: 4:56pm On Apr 13, 2021
Liars
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by ozimec(m): 5:08pm On Apr 13, 2021
FOLYKAZE:
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
Bros. As I type this I'm in my site working here in PH. Dangote cement is currently sold btw 4.2 - 4.3k. So the guy that said it's sold at 4.5k in the East is obviously not lying. Dangote should do something and bring his price down. I didn't buy his cement because of the price.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by CSTRR: 6:19pm On Apr 13, 2021
COMPAQ:
Don't be surprised electricity is better in Cameroon. As well as roads and corruption. Go to ordinary Cotonou and see quality of roads and compare with lagos badagry expressway.
Dangote uses gas.

Gas is not so expensive at his level of purchase.

Roads? Is that why his cement is so expensive?
No.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by obyrich(m): 7:23pm On Apr 13, 2021
Kabongo1:
Where can I buy cement for 2500 in Nigeria Please?
Add extra 350 for trucking.
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by bosman50(m): 7:29pm On Apr 13, 2021
I am ready to pay 3500 i benin
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by bosman50(m): 7:30pm On Apr 13, 2021
obyrich:
Add extra 350 for trucking.
your location pls
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Abujaexpress: 7:47pm On Apr 13, 2021
Kabongo1:
Where can I buy cement for 2500 in Nigeria Please?
According to this statement, factory price is 2450 to 2500, then when you add the transport fare of 300 to 350 Naira per bag of cement, then the major dealer add his cost of storage and profit, before the retailer will had his/her own, the price skyrockets.

The question is, why must Dangote charge about 350 Naira transportation cost per bag of cement ?
Re: Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries by Nobody: 8:22pm On Apr 13, 2021
see lie, every monopoly will end one day.
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