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Nairaland Forum / Nairaland / General / Politics / Producers Give Reasons For Skyrocketing Cost Of Cement (36975 Views)
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Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Beverlyjean(f): 4:34pm On Feb 19 |
Apc has destroyed this country |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Navalsadiq(m): 4:34pm On Feb 19 |
The thunder that will fire all of you is still warming up |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by John389(m): 4:37pm On Feb 19 |
In Eminem's voice..... This country is wasted!!! |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by ibabz(m): 4:38pm On Feb 19 |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Orelafintun: 4:39pm On Feb 19 |
Figger:You got it. How many Nigerians that are building houses nowadays. The demand is likely due to this recent concrete road construction policy of the Federal government. 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Jeje247: 4:40pm On Feb 19 |
What is causing increased demand. Have Nigerians become so rich in the last 6 months that they are now buying lands and erecting buildings all over the place? Perhaps we should then be worried about land availability too as most lands would already have been sold and the remaining ones would then be sold at premium prices. Una go just wake up under Una bed and construct senseless lies that toddlers would laugh at 6 Likes 1 Share |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Owutuotuo(m): 4:40pm On Feb 19 |
matify83: Oshodi-Apapa Expressway 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Okpokpo09: 4:43pm On Feb 19 |
Abeg locate us with food, hunger wan finish us for Ondo state. Agbado or raw cassava is accepted, thanks in advance 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Walkat9t: 4:44pm On Feb 19 |
Let the FGN give others license to bring in cement into the country to combat with the rising demand 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by OlujobaSamuel: 4:46pm On Feb 19 |
This man is definitely telling lies. Which kind demand, people are seeking for money to survive, you dey tell me sey demand is high, probably you lots reduced supply which created the artificial high demand. 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by PeaceNdk: 4:46pm On Feb 19 |
Hunger ooo, no job, no food, heat ooo no light ,oh Nigeria which way? |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by khattab02: 4:46pm On Feb 19 |
Nothing we no go hear or suffer for this country. So the demand now has made u broke? What happened to when a producer sells most of his stock, he has more capital and revenue back to increase production? Hahaha, Naija! I said it, Naija is the only country that defiles economic principles, postulations, theories and hypothesis 2 Likes |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by MasterTeeUSA: 4:46pm On Feb 19 |
It's a lie...we are making enough cement.... it's not sold out...just price gouging EcoBrick: 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by OlujobaSamuel: 4:47pm On Feb 19 |
Owutuotuo:Ongoing major road project Oshodi Apapa has been fixed since, not a new or ongoing project 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Semaj77(m): 4:47pm On Feb 19 |
EcoBrick: So it's not even that cost of production went up these people are criminals 3 Likes 1 Share |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Deogratiasfx: 4:47pm On Feb 19 |
verybadmouth: You don't know economy is like betting? The loss of one is another person's gain. |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by khattab02: 4:48pm On Feb 19 |
Jeje247: Honestly! |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by OlujobaSamuel: 4:48pm On Feb 19 |
Orelafintun:It's just a policy Even 3rd MB repair isn't using cement Make Dem stop the lies. All FG road projects with plan to use cement won't take 50trucks daily A truck is 900bags. They don't work 7days a week, cement plants works 24/7 Remember that cement concrete needs curing to move to another stage, so even if there is capacity, there is limitation as principle 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Asswipemod: 4:49pm On Feb 19 |
afroniger: I have always said that all the increase in prices is due to man made scarcity. There is no way cement demand suddenly increased with nothing to show infrastructurally. How many people are building houses? All of a sudden, demand increased in February? Like you said,it's economic sabotage and the government needs to come hard on them by making a few examples out of some of them. 4 Likes 1 Share |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by McJelly(m): 4:49pm On Feb 19 |
Some people will still come here and bash Tinubu🙄 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by verybadmouth(m): 4:50pm On Feb 19 |
Deogratiasfx:Hmmmn. You're very right ooo 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Asswipemod: 4:52pm On Feb 19 |
ustorp: Where in the right up did you see them talking about cost of production? The manufacturers obviously didn't increase the prices. It's the cement cartel doing it. They are also smuggling cement out to sell to neighboring countries. The scarcity of food and cement in the country is man-made. 2 Likes 1 Share |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Babathanks(m): 4:53pm On Feb 19 |
Dangote would export is product to neigbouring countries. Our farmers here in the north are all exporting there products to Niger republic. But all of us would now be frowning to government anytime they want to open the border. Some people will even be praising them for closing the border 😂. I think average Nigerians are greedy, there is nothing bad in competition between your neighbors. That border is not supposed to be close 2 Likes 1 Share |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by SaLongs1(m): 4:53pm On Feb 19 |
Yet saboteurs are hellbent on exporting to neighboring countries thereby causing more scarcity at home. 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Svoboda(m): 4:55pm On Feb 19 |
Paraman: I think there isnt a shortage of cement. The major problem is that a small cartel is running the industry and is determing prices without recourse to demand and supply. The net has to be widened to entertain other potential players. I am yet to witness buyers queing up for cement in nigeria likr they do for petrol. 4 Likes 1 Share |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Asswipemod: 4:55pm On Feb 19 |
OlujobaSamuel: They are not the manufacturers. They are middle cartels. They increased the price arbitrarily. |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by dewfun: 4:55pm On Feb 19 |
What a reason!! |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by adioolayi(m): 4:56pm On Feb 19 |
matify83: They prefer to export to neighbouring countries because Cefa is stronger than Naira. Government needs to really go tough 2 Likes |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by tctrills: 4:58pm On Feb 19 |
afroniger:Oga, this is simple demand and supply that you were taught in secondary school. What do you expect what the demand overwhelmes the supply. |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by Otolomo1(m): 5:00pm On Feb 19 |
He said the association had alerted the Federal Government about the ramifications and probable outcomes of assigning the responsibility of producing and providing for the cement requirements of more than 200 million individuals to a select group with privileges. And people were all blaming the current president, what has the past president done to avert this? https://dailypost.ng/2024/02/19/producers-give-reasons-for-skyrocketing-cost-of-cement/[/quote] 2 Likes |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by pocom16: 5:00pm On Feb 19 |
GanagiBitrus: No body is discouraging anybody.. The fact that there is a huge profit margin in cement is enough attraction for investors.. But somehow, they are not showing up.. It's left to the players to keep expanding..Dangote is building a new cement plant in Ogun state.. a company is building a 3 MTA plant in Kogi.. BUA just expanded their production capacity in Edo state.. Lafarge is doing absolutely nothing 1 Like |
Re: Producers Give Reasons For Skyrocketing Cost Of Cement by lexy2014: 5:01pm On Feb 19 |
Paraman: how is Nigeria not producing enough cement? has there ever been a scarcity of cement in Nigeria? 1 Like |
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