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Nairaland Forum / Nairaland / General / Business / See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) (64236 Views)
BUA Reduces The Price Of Cement To ₦3,500 Per Bag, Promises Further Reduction / How Lucrative Is Selling Of Cement? / Dangote Crashes Cement Online Sales Price, Signs On Jumia (2) (3) (4)
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Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Panda7(m): 3:56pm On Feb 18 |
money121: you see, that's the ratio of his money to the economy then, and till now if you are not productive you won't have the better ratio compared to the economy 1 Like |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Perewenkle1: 3:56pm On Feb 18 |
In 1990, a bag of cement was #38 Naira and the cost of building three bedroom flat was about #10,686, today, the same three building could cost you 20 million Naira, what a jump in the cost of things. 2 Likes |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by money121(m): 4:07pm On Feb 18 |
Panda7:Yes ooo You need to plan your life |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by KosiGee(m): 4:10pm On Feb 18 |
money121: You are more concerned with the price of cement! Labour was N200 Welder was N105 Water tank was N120 And labour cost for the roofing was N1,500…one thousand, five hundred naira 😳 You could drink a bottle of Coca Cola for less than N1 and Guinness malt or Vitamalt would’ve been about N1 or N1:20. There’s nothing so surprising about that list. 2 Likes |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by JB4life: 4:11pm On Feb 18 |
matify83: Those who voted Sai baba in 2015 & renewed shege in 2023 have answers to that |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by money121(m): 4:11pm On Feb 18 |
KosiGee:Yes because. Cement price is trending in nigeria now |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by KosiGee(m): 4:12pm On Feb 18 |
Perewenkle1: 😳😳😳😳😳 |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Osidazz19: 4:12pm On Feb 18 |
ZombiePUNISHER: I'm voting for Tinubiu again to teach people like you a lesson, to prevent an incompetent Agulu packaged fraud from becoming President and because Tinubu is still the best candidate so far. Your sarcasm is lame and nonsensical. |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by nairalanda1(m): 4:12pm On Feb 18 |
Richtaiwo: Yep, you are right, and the people criticising you don't know it. The reason why we have massive inflation under tinubu is simple....for decades we spent billions of dollars to maintain the illusion the naira was stronger than it was. Come may 29, 2023, the forex reserve was down to 4 billion dollars and our dollar income was eaten up by debt servicing. A lot of it. SO, the illusion cracked, and here we are with the results...massive inflation. At least it is still tinubu's fault. If He and buhari had kept quiet in 2012, by now we might have been over the worst. 1 Like |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by comrChris(m): 4:13pm On Feb 18 |
metaluterus:Are you serious? Here in awka, cement is 11000/bag |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Pennyseo2: 4:15pm On Feb 18 |
Richtaiwo: What you see today is worst than inflation.. This is hyper inflation 1 Like |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by JB4life: 4:22pm On Feb 18 |
IbeOkehie: Is Nigeria not operating FREE MARKET economy before now?? The real problems were created in 2015 when someone who was no longer functional took over and everything from security, to economy to anti-corruption started derailing grossly because he came to power with his own BIGOTED AGENDA. |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Amsonia44: 4:27pm On Feb 18 |
nawao |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by JB4life: 4:35pm On Feb 18 |
faceland: Registration for WAEC is #400 in 1992. How much is it now? 1 Like |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by ogelekpomgam(m): 4:38pm On Feb 18 |
ZombiePUNISHER:Chai..God bless you my brother!.. Mostly zombie citizens!!! |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by IbeOkehie: 4:39pm On Feb 18 |
JB4life: Nigeria is NOT operating a free market economy. The factors of economic production are land, capital and labor. All land in Nigeria is owned by government. This fact alone makes Nigeria a controlled market. The currency value is dictated by government. Currency is the unit of capital. So capital is controlled by government. Labor price is determined by government via minimum wage. Some say Labor is a special factor that must be controlled. OK, why not let state governments set the price so there can be competition? Nigeria is NOT a free market economy. Or it can be said that on a scale where 1) completely free market is 100 and 2) completely government controlled market is 0, Nigeria is at about 25. I would put the USA at about 70 and Norway at around 85 and Venezuela at 15. It's obvious to anyone who cares to do a simple evaluation. Others have done theirs, you can do yours. https://www.heritage.org/index/ Good Luck to Nigeria. 2 Likes |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Pickmycall: 4:48pm On Feb 18 |
What is nigeria gaining from this border closure and the ban on importation except refined petroleum?Nigeria doesnt have enough food and we are closing the borders.Besides,how many investors have come to invest?The closure of our borders is the reason local manufacturers are ripping nigerians off. |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Cocolatti(m): 4:57pm On Feb 18 |
money121:Don't mind that unfortunate fellow. God bless your hustle. 2 Likes |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Phred1717: 5:00pm On Feb 18 |
Nemesis is what's happening to TinubuLation(during 2012 "occupy Nigeria") and we are all suffering for it |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Nigerianxpress: 5:03pm On Feb 18 |
You still dey explain and cry where is your house you poor church rat Jagaban2012: 1 Like |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Cocolatti(m): 5:06pm On Feb 18 |
mctech:So 2014 is now 32 years ago |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Atlantis585: 5:06pm On Feb 18 |
Tinubu manufactured Lagos. He is currently taking Nigeria to next level |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Tradepunter2: 5:12pm On Feb 18 |
Richtaiwo: Keep defending nonsense.... Those economies have tools to ensure prices reflect situations of things.... It's why you have things like monetary policy tools.... Fiscal policy tools... Employment data.... Inflation data and many others that are managed to ensure it doesn't go out of hand..... You country uses nepotism to put bastards in position they have no clue about..... THESE bstrds meant to continuously balance the economy are nothing more than political appointments..... So please never compare places where the system is working to a place where the bstds only do things for political reasons.... |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by newnigerdelta00: 5:12pm On Feb 18 |
money121: Na owner dey spoil this country so with propaganda, you for still expect to buy am 70 naira 2024...life can never remain the same,why human being come day old? |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by newnigerdelta00: 5:14pm On Feb 18 |
ZombiePUNISHER: You self na still Deadbody for the country, enemies of Nigeria |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by grandstar(m): 5:19pm On Feb 18 |
GreaterFuture: 1984/1985 2 Likes 1 Share |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by GravityDefier: 5:24pm On Feb 18 |
Yes, if only we can go back to 1992 |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by nairalanda1(m): 5:26pm On Feb 18 |
GravityDefier: You won't want to. Times were hard back then. OPs dad was or is probably upper class or upper middle class. Minimum wage as at then was 250 naira and one dollar was 20 naira. |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by reiddecuti: 5:28pm On Feb 18 |
jojothaiv: Welcome to Nigeria bro! It's our home and we can't deny it. 1 Like 1 Share |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Bimpe29: 5:32pm On Feb 18 |
Hmn! It's really a wishful thinking to get to buy a bag of cement at =N=700 in Nigeria. Only if I can turn back the hand of time. |
Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by rafcrown(m): 5:36pm On Feb 18 |
No Dangote then.DANGOTE CEMENT IS SUPPOSED TO BE THE CHEAPEST but Bill Gates position in his mind. |
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