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Nairaland Forum / Nairaland / General / Properties / FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 (13291 Views)
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FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by ogaontop(m): 8:45pm On Feb 19 |
The Federal Government, together with cement manufacturers such as BUA, Dangote and Larfarge, has set the price range for a 50kg bag of cement at N7,000 to N8,000 across various locations in the country. https://nairametrics.com/2024/02/19/fg-and-cement-producers-agree-to-set-cement-prices-at-n7000-to-n8000/ 3 Likes 1 Share
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Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by matify83: 8:46pm On Feb 19 |
Moment of respite . Just hope this translates to reality on ground and not one of their several failed promises. If the cement manufacturers can agree to such a deal, it won't be out of place to ask why they allowed the price of cement to spiral out of control in the first place without any justifiable reason? I am beginning to suspect that Some people are seriously hell bent on sabotaging this administration. Too many bad things happening all at the same time. 28 Likes 1 Share |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Massiveglory: 8:47pm On Feb 19 |
Just like tinubu had 3500 agreement with bua cement barely few months ago. These are the usual bull shit talks of grab it and run with it government. You don't set price for private business . All you do is give them favorable incentives and conducive environment. The root of tinubu's problem is the grabbing of power. 88 Likes 6 Shares
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Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by chiiraq802(m): 8:48pm On Feb 19 |
People weh build houses and knack structures everywhere and anyhow prior to 2015 no sabi bullet weh dem dodge. 64 Likes 3 Shares |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Dundalk(m): 8:56pm On Feb 19 |
no be Nigeria we dey, if you go market you go hear another stories 16 Likes 1 Share |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by ogaontop(m): 8:57pm On Feb 19 |
matify83:Let's hope so, @bolded shows how prices are being manipulated in this country!! 3 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by ogaontop(m): 8:58pm On Feb 19 |
chiiraq802:And now they are increasing house rent prices as if they built it today!! 24 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by RepoMan007: 9:03pm On Feb 19 |
Cosmetic approach to serious issues landed us here. Let them be holding meeting under air conditioning unit and be signing dummy MoU. 8 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by chiiraq802(m): 9:03pm On Feb 19 |
ogaontop: Nah there ah dey para for them. 8 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by infohenry(m): 9:04pm On Feb 19 |
We are in deep trouble with this APC government, is like Tinubu only achievement will be negotiating prices with business owners, true true na his turn. 12 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Jlow2: 9:06pm On Feb 19 |
When bua said it was 3500 nobody bought it at that price, apc the more you look the less you understand, cursed from pit of hell 21 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by ogaontop(m): 9:36pm On Feb 19 |
Jlow2:Let's hope this one works out, time will tell but we are tired of all these promises, people need to see it working. 2 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Ebubu2: 9:37pm On Feb 19 |
chiiraq802: Someone said in Nigeria, delay is denial. 2 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Ebubu2: 9:40pm On Feb 19 |
ogaontop:so how will they access imported products such as rising phone costs, laptops, cars, furniture, etc other than to increase profit from their investments? So make them no enjoy beta things of life because Govt rubbish dollar wey others dey use import things dese landlords dey enjoy? 2 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by killsmith(f): 9:46pm On Feb 19 |
So, How will manufacturers cover the inflating cost of production? 1 Like |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Jax1: 10:06pm On Feb 19 |
Propaganda won't solve any problem.🤡🤡 2 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by thesicilian: 10:29pm On Feb 19 |
Hope this is not the beginning of a "cement subsidy"? 3 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by ogaontop(m): 12:13am On Feb 20 |
thesicilian:Then let's enjoy while it lasts and maybe cry later! |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by UselessBuharist: 6:10am On Feb 20 |
Effect from today ? |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Mopolchi: 6:10am On Feb 20 |
Price remains unjust. 1 Like |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by PussyOdour(m): 6:10am On Feb 20 |
We called Buhari dunce then , we didn't know that a real dunce and a useless drunkard is coming. Kai 3 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by epainos: 6:11am On Feb 20 |
They remove fuel subsidies to start subsidizing cement. Lol. Tunubunomics..hahahahah! I don't know how these manufacturers will agree to this if they aren't subsidized one way or the other. Lol. 1 Like |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by meum: 6:11am On Feb 20 |
Guys only believe this when you actually buy it for that amount. I no Dey believe these people in power 2 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by inoki247: 6:12am On Feb 20 |
Cement Subsidy again Even things we produce locally wants Subsidy.... 2 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by adioolayi(m): 6:12am On Feb 20 |
This is pure nonsense!!! The cement price at #7000 is just too high!!! 10 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Cantonese: 6:13am On Feb 20 |
Umm. A close look into their factories would reveal a deliberate act of reducing supply, forcing demand and prices up. If government would negotiate with the big men, why hack open warehouses of people in Kano state and other states and seizing their products? |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Zico5(m): 6:13am On Feb 20 |
Imagine the game these unfortunate people are playing with us. So they intentionally increased it so that they can negotiate. The game plan of Tinubu is truly playing on. I wonder if they think the masses are fool. Tinubu truly doesn't know what he is doing. Even he is worse than Buhari. If the government cannot control the price of cement then I wonder what they can do. So the masses should continue to suffer for the next four years and you will role out drums and start another campaign for u to be voted in again. The problem is truly with the masses. I know this man is playing with the fire and it will consume him very soon. 7 Likes |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Parydelegate: 6:14am On Feb 20 |
Hope at last |
Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by Akfrenzy(m): 6:17am On Feb 20 |
they've agreed to subsidize it through backdoor 😆😆😆😆 Somebody shout APC!!! 1 Like
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Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by malali: 6:17am On Feb 20 |
Truth be told there are a lot of opportunist trying to exploit the chaos. If not why would cement, getting free limestone (main raw material), getting free laterite With cheap labour, not paying raw materials fee to government Not paying to the states they are located Not developing the states, they are situated in. OBAJANA is the largest in Africa, producing over 10 million tonnes per year ! No unionized workers, health insurance, benefits. No community projects, with the money they make in Kogi, there should be a University built for Kogi state. After all these freebies, they are increasing cement prices. Tinubu should set up a committees to review issuing more licenses to all monopoly business in Nigeria to prominent stakeholders and watch the price come down fast. Any monopoly that hikes price, blame it on inadequate supply to meet the demand and go after their privileged monopoly 2 Likes
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Re: FG And Cement Producers Agree To Set Cement Prices At ₦7,000 To ₦8,000 by akinmusi(m): 6:18am On Feb 20 |
Still very high. People or the sellers will not agree. Unusual gain too sweet people with sheer wickedness 1 Like |
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