ibrocool:
As expected, the demand for BUA cement increases due to the reasonable price. But the sad reality is the retailers are busy re-bagging to Dangote cement and selling at high price. That is why it looks as if BUA cement does not exist in this country.

Tochi3:


This is good for BUA, nöt Nigeria and Nigerians...

The prices of cement should continue rising upwards so he can maximize more Profit for his Generation..

Nigeria is in "good" hands...

Allah Akbar

DevilsEqual:
Thats the theory of life, live the world like a Machiavellian
Make the system work for u as u cant singlehandedly alleviate poverty from the country
He is a true businessman
Dangote and BUA achievement is a true testament that the Hausas are the most industious people in Nigeria, their business sense is second to none
No vex, Chikamso

DevilsEqual:
Thats the theory of life, live the world like a Machiavellian
Make the system work for u as u cant singlehandedly alleviate poverty from the country

He is a true businessman

Dangote and BUA achievement is a true testament that the Hausas are the most industious people in Nigeria, their business sense is second to none

No vex, Chikamso

ibrocool:
As expected, the demand for BUA cement increases due to the reasonable price. But the sad reality is the retailers are busy re-bagging to Dangote cement and selling at high price. That is why it looks as if BUA cement does not exist in this country.

eliyke:
I was discussing with someone about tinubu meeting with BUA,DANGOTE,ELUMELO nd some other stakeholders as been wrong.dis men made one of Dere highest profits when d economy is bad.dey will never want d economy to b stable

NOETHNICITY:
If the company had come up with you would have cried blaming Tinubu.

Now he made huge profits and you are still crying blaming the government

ibrocool:
As expected, the demand for BUA cement increases due to the reasonable price. But the sad reality is the retailers are busy re-bagging to Dangote cement and selling at high price. That is why it looks as if BUA cement does not exist in this country.

anonymous1759:


I’ve not heard this before, we’re too dubious as a people that’s why we produce dubious leaders in all angles

ibrocool:
As expected, the demand for BUA cement increases due to the reasonable price. But the sad reality is the retailers are busy re-bagging to Dangote cement and selling at high price. That is why it looks as if BUA cement does not exist in this country.

This achievement comes amidst challenging economic conditions stemming from the Naira redesign policy.

ibrocool:
As expected, the demand for BUA cement increases due to the reasonable price. But the sad reality is the retailers are busy re-bagging to Dangote cement and selling at high price. That is why it looks as if BUA cement does not exist in this country.

OlujobaSamuel:

rebagging cement, nothing wey una conspiracy no dey come up with, you think sey na pre 2006?? Or na rice??
No one distributor rebags cement, the price difference at any point in time has never been more than 200 btw different products, who has time to transport from factory A to a location so you can rebag to another product then transfer to the final destination, no one has such time.
No financial benefit, no cost savings

israelmao:


If a secondary school boy got the kind of incentives BUA and Dangote are getting from FG he will succeed with ease.

ivolt:

Ask yourself why the government will give incentive to a secondary school boy who isn't proven to
be able to manage a small kiosk successfully?

All big Nigerian companies get government incentives because they already prove that they know
what they are doing since they started with private investors.

OkoEmm:



A few years, we conducted a research on Dangote, BUA and Largarge. We found out that Dangote cement has depots in almost all the states and FCT. BUA and Lafarge were lagging way behind. Dangote has a larger and more efficient distribution network.
Also, in terms of production capacity. Dangotes share is around 60%, Bua and Largarge are on 20% each but in recent years BUA has been expanding AGGRESSIVELY with 3mtpa plant in edo and 6mmtpa in sokoto.
Lastly, 3 of them are overcharging Nigerians with ridiculous ex factory prices.
It's unthinkable that the 3 of them have an average gross profit of more than 50% per bag of cement. Larger cement producers globally have an average gross margin of around 15%-25% per bag/ton.

Bluntemperor:


God bless you brother!
These so called Mega- companies are part of the troubles in Nigeria today!

israelmao:

Please would you make a list of those private companies that receive incentives like FG favourites BUA and Dangote?

ivolt post4r128744222: r
I think you should make a list of billion dollars Nigerian private companies that do not get incentives.
Not incentives include tax rebates, tax holidays, tax for works, contractual preference or others.
In short any thing that would increase their productivity.
Neither Dangote nor BUA are favorites. What they enjoy is first to market advantage.
You are free to gather enough capital and enter the sector too.