Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company - Business (3) - Nairaland
Nairaland Forum › Nairaland General › Business › Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company (13264 Views)
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by frankson1(m): 6:01pm On May 22, 2025 |
G0odharddick:He should tell us the correct value of what the FG makes for every one bag instead of this 52kobo shit ![]() |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by frankson1(m): 6:04pm On May 22, 2025 |
erad:Dangote can only deceive people like you with mental issues. Tell Dangote to mention the correct value of what the FG makes from every one bag of cement and stop his 52kobo shit ![]() |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Salowise: 6:23pm On May 22, 2025 |
G0odharddick:From what i read, if the company makes 1b, fg take 520m while the company keeps 480m. If this is true then it's very high, the fg can reduce it and slash the price of cement for Nigerians. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by ufotunang: 7:12pm On May 22, 2025 |
Maxymilliano:..he buys the limestone.. federal government does not hm give him for free |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by blackboy(m): 7:54pm On May 22, 2025 |
G0odharddick:Same question I wanted to ask him. The man is making a huge profit in the cement business he no one day sat let me reduce price. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by franugo(m): 8:04pm On May 22, 2025 |
G0odharddick:You will not read to understand, instead you skip the op to be FTC. The man is not lamenting, he's simply saying that govt creating a conducive environment for business is good for business people and govt too as they get to charge pretty good taxes on companies doing well. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by osayuwamwen(m): 8:53pm On May 22, 2025 |
Go school you nor go, 52% of 1billion take be 52million? Na 520million sir, dangote is even making too much self 52% for both tax and the raw materials used na him they pay to government iOYEN: |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by mankan2k7(m): 8:57pm On May 22, 2025 |
Fg behind the sale of 1 bag of cement for #10500 allegedly. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by mankan2k7(m): 8:59pm On May 22, 2025 |
Fg is behind the sale of 1 bag of cement for #10500 allegedly. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by erad(m): 9:35pm On May 22, 2025*. Modified: 7:09am On May 23, 2025 |
frankson1:Where's the deception? Has the government or any other concerned party refuted any of his claims? If you can't make the calculation of what the government gets per bag from the simple way he broke it down, then I have nothing positive to say to you. 1 naira is 100kobo, 52 kobo is 52% of 1 naira which means the government gets 52% of his profit from every bag of cement he sells. Like I said earlier, hatred and envy are terrible mental illnesses. Let go of it before it ruins you. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by philanj(m): 10:34pm On May 22, 2025 |
Saao:God bless you for educating him |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by thedio(m): 11:07pm On May 22, 2025 |
Sibrah:Let him now mine or get crude oil for free the way he wanted the limestone to be free. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Opebiman: 2:37am On May 23, 2025 |
thedio:He is not complaining.. don't act dumb.. Yes I probably deserves way more than 42% ..if it is easy. ..why not build your own multi billion dollar cement plant and make your 42% if it is so easy. Even with such high figures as you think why there is few people in the business of producing cement. The limestone you are talking about, are you aware there are cost of converting it to cement which is inside the 42% Dangote makes? |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Opebiman: 2:41am On May 23, 2025 |
blackboy:Because FG sef sat one day and reduce their own 52% share, Diesel price, dollar prices? ( yes dollar cause to maintain the plant is dollar intensive). Dangote should upgrade the pay for workers, BUA is a bit better |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Opebiman: 2:44am On May 23, 2025 |
ayoncox:That is a Lie..who are the others that deny and got disapproval..mention BUA, Lafarge and Mangal have licenses.. Don't even mention Ibeto cuz he never applied for license to mine limestone for cement production but to import cement from abroad |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Opebiman: 2:49am On May 23, 2025 |
thedio:Tomorrow you complain why foreign investors are not coming into the country.. Imagine you are into a business and government takes half of your revenue for Doing absolutely nothing..how does that make sense...but because of hatred your brain can not be open enough to think properly.. Why has the government not use their own revenue to build their own cement plant..even to get a goddamn 60k barrel per day refinery working is rocket science..yet someone used his own share of cement revenue to build a 650k barrel refinery, fertilizer and petrochemical plant.. Envy don block me your brain |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Caseless: 4:21am On May 23, 2025 |
G0odharddick:Read! |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Kamor010255: 5:23am On May 23, 2025 |
erad: |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Shikini: 5:48am On May 23, 2025 |
Wow ... |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by thedio(m): 7:37am On May 23, 2025 |
Opebiman:I don't envy anyone bro . The question is very simple, dangote is buying crude oil as a raw material for his refinery,does he buy lime Stone for cement production. Or do you want him to mine Nigeria solid mineral for free |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by manck: 7:39am On May 23, 2025 |
doesn't |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Mrpojj(m): 9:06am On May 23, 2025 |
G0odharddick:The problem with your likes is that even when your eyes are been opened, you still will not see The man is indirectly telling you why cement is very expensive Government is benefiting, that's why they don't say anything about reducing it |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by TossTos(m): 12:24pm On May 23, 2025 |
Wow , tryna say FG collect almost everything.. reason the cement price soars .. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by charlsecy(m): 2:04pm On May 23, 2025 |
dominique: G0odharddick:Is it you guys couldn't understand the post, or what? |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Gboss247(m): 4:37pm On May 23, 2025 |
jmoore:Those companies are commercialized organizations might for profit making and not some subsidy consuming nationalized charity organizations in Nigeria |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Gboss247(m): 4:39pm On May 23, 2025 |
thedio:Then, get ready to pay more for cement. |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Gboss247(m): 4:39pm On May 23, 2025 |
psucc:Which economic logic? |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Gboss247(m): 4:50pm On May 23, 2025 |
Opebiman:BUA doesn't pay the level of tax Dangote is paying and has lesser liabilities |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Gboss247(m): 4:52pm On May 23, 2025 |
thedio:You go school at all? |
| Re: Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company by Opebiman: 6:35pm On May 23, 2025 |
Gboss247:BUA doesn't pay the level of tax Dangote is paying because BUA doesn't do the level of business Dangote does. Dangote owns 4 cement plant with a new one in Itori under construction BUA only owns 2 whose combined capacity is not up to one of the major plants Dangote owns in Kogi. |
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