₦airaland Forum

Jestin:
Oga BUA are you aware the market price of your cement is 5,800 naira? I bought some bags yesterday and I was arguing with the seller because I saw 3,000 naira on Nairaland

You even dey follow the fake news of this forum, make you no go enter gutter! This forum is number one in fake news, the mods are l#zy; they don't verify news before posting it to the front page..

Jeezuzpick:
Well aimed shade at Dangote!

Lol..just the comment I was looking for. Thanks for being able to read sarcasm.

Available9:
We know...Dangote propaganda added BUA to make it look somehow...it's time to free Nigeria from the bondage of Dangote... competitors have been sidelined for too long

Which competitor was sidelined..

Them tie your hand from building cement plant or refinery..

No be BUA dey copy Dangote by venturing into all the business he operates in

Primusinterpares:
Make Una nor blackmail this bua guy...

I know things like this will come up especially when he insisted on cement price to be 3500 naira.

Political monopoly at play

Na lie..


No body stopped him from selling at 3500..

Chesster:
Na lie..


No body stopped him from selling at 3500..

Selling at 3500 means spoiling business for other monopolistic business owners.

Especially in Nigeria where we don't have price regulations

Primusinterpares:
Selling at 3500 means spoiling business for other monopolistic business owners.

Especially in Nigeria where we don't have price regulations

The fact that we don't have price regulations means nothing stops BUA from selling at N3500 if he truly means it..


BUA selling his cement for N3500 will not force Dangote to do anything..

There are 10 cement plant in Nigeria..the top 4 largest are all in owned by Dangote..BUA owns 2 and Lafarge owns 4
Dangote owns over 55% market share..

Another thing to note is that the demand for cement is so high that BUA selling for N3500 will not make them sell more or make Dangote lose patronage..

As at today
There are 2 new cement plants under construction in Nigeria because of demands

Primusinterpares:
Selling at 3500 means spoiling business for other monopolistic business owners.

Especially in Nigeria where we don't have price regulations

N3,500 is the factory price while retail price is N5,500 for BUA cement and with price regulation on petrol, a litre is N700.

2023Blessed:
.

Hello sir, good evening and Happy New Year. How's the family, trust all is going well over there? Its been a long while, I miss reading from you sir. Just felt the need to check on you sir.

Do have a wonderful weekend sir.