₦airaland Forum

Tufia kwa APC

Tinubu has been so good to Yoruba ppl, we dont need your cement. His Excellency will make it cheaper for us

God punish APC..

That party is a terrorist party.

NewHe:
That's inflation! What's the best solution at bringing down inflation?
Me: If there's much supply prices will go down,Nigeria has an unproductive population/economy!

Ara won ni alfa wa

Ise wo ni alfa nse dy are idle
Non productive
Toye kan ma se bricklayer or factory

Lolzzzz. Naming
House warming
Wedding
Burial and lecture ni ise won
After dt zero production and zero benefits

Wt d rate of mosque
Church and shrine wey nigeria gt and level of prayer
Nigeria suppose don become world best country if na by prayer mosque or church…. Bt dose are nt productive



N

Just came across a receipt were I brought 15 bags of cement for 67,500, chai, truely this government has really dealt with this country, I am definitely not vote APC in the next elections, na ADC top to bottom I go just do

reiddecuti:
Buhari was w*ked. Tinubu is the grand master. Nothing like them in the whole wide world.

He don talk am now say buhari na his friend na

So we still dy buhari time bt tinubu is grand master

2027 will be like hell to sm ppl

Bt is dr a time nigeria no b hell before

NewHe:
That's inflation! What's the best solution at bringing down inflation?
Me: If there's much supply prices will go down,Nigeria has an unproductive population/economy!

Una never tire for this mumu talk? So there was more supply in 2014 when we were importing than now we are producing?

All these book olo do economist

FAULT



Of





APC,buhari,Tinubu and DANGOTE

Place a Monkey and Tinubu on the ballot come 2027, I will vote for the Monkey!

Tinubu is a calamity!

Beautifulday:
Una never tire for this mumu talk? So there was more supply in 2014 when we were importing than now we are producing?

All these book olo do economist

What are you producing? Cement?

Even though every country's currency depreciates over time, the way the naira fell is like gravity sat on it.

Why is that it is only cement price that keeps sky rocketing,at least other building materials are fairly stable

Imalwayshorny:
Will Peter obi or atiku buy cement for you to build your house

The role of a good leader is to institute economic policies that are good, fair and useful to the citizenry. Has the government that you are dumbly trying to defend done so?

Innomama7:
one stupid elder dey follow me drag land for my hood na i vess sai make i go buy cements take fiss the land Omo wen I do calculation my mind touch ground, las las i carry men go track the elder na he lin low.

omoh to fence now ie damn expensive 😑. Tinubu don finish us. The price differences from May 28, 2023 is quite to much from the price of May 29th 2026. Imagine the hyper inflation.

jmoore:
Using reported Nigerian prices for a 50 kg bag:

Year Approx. price per 50 kg bag ₦1,000,000 could buy

2014 ~₦1,745 retail 573 bags

2022 ~₦3,500 285 bags

2026 ~₦12,000–₦15,000 66–83 bags


How the calculation works

2014:
₦1,000,000 ÷ ₦1,745 ≈ 573 bags.
A December 2014 report found cement selling around ₦1,745 per 50 kg bag in the market, although Dangote's announced factory prices were lower—₦1,000 for 32.5 grade and ₦1,150 for 42.5 grade.

2022:
₦1,000,000 ÷ ₦3,500 ≈ 286 bags.
A survey reported that a 50 kg bag was selling for about ₦3,500 in 2022.

2026:
By July 2026, reported retail prices were roughly ₦12,000–₦15,000 per bag, depending on producer and location.
So:

₦1m ÷ ₦12,000 = 83 bags

₦1m ÷ ₦15,000 = 66 bags


The striking comparison

If we use those representative prices:

₦1 million in 2014 → ~573 bags
₦1 million in 2022 → ~286 bags
₦1 million in 2026 → ~66–83 bags

So, in terms of cement-buying power, ₦1 million buys roughly 7–9 times fewer bags in 2026 than it did in 2014.

Nigerians are so shallow minded. All the billions and trillions that were supposed to be used for serious road construction, building hospitals and increasing Nigeria defence were used to defend dollars and several needles subsidy

Imagine dollar is still #300 there will continue to be shortages of the same Dollar because business men will prefer to buy the dollar from banks at the rate of #600 and sell it for equivalent of #1000 in other African country definitely the government will keep bringing much dollar to Nigeria yet 70% of it keep disappearing. The same goes for fuel subsidy, fuel of #200 per liter in Nigeria can be sold for #800 in another country then you expect fueling stations not to take their fuel to country where they can sell at #800, this is why everyone was queuing to buy fuel before subsidy was removed.

The system of dollar and fuel subsidy has made some billion to become trillionaires but PBAT has put a stop and instead using the money to build infrastructure yet so many senseless people want us to go back to backwardness

PBAT till 2035

saintopus:
Bring back the value of the naira! Reduce inflation that is what we want

Open the border for cement importation and see how bag of cement will crash.

Cement is 6k per bag on average in other Africa country but dangote and others think it make sense to 2x the price just to milk Nigerian that are already getting milked by the government

Imalwayshorny:
Will Peter obi or atiku buy cement for you to build your house

They don't need to buy cement, they either regulate the price or open the border for cement importation so that we can buy at global price.

It doesn't even make any sense that country like Egypt who have more than 3x of Nigeria minimum wage is still selling cement under 6k

Greenleaf247:
Open the border for cement importation and see how bag of cement will crash.

Cement is 6k per bag on average in other Africa country but dangote and others think it make sense to 2x the price just to milk Nigerian that are already getting milked by the government

Open border for importation?
So what will now happen to the cement companies in Nigeria, what about the workers there?.

You people are selfish, that's the reason why Nigeria is stagnant economically.

tnerro1:
Just came across a receipt were I brought 15 bags of cement for 67,500, chai, truely this government has really dealt with this country, I am definitely not vote APC in the next elections, na ADC top to bottom I go just do

God for you. You should also tell us the difference between your earnings then and now.

Nigeria is a country where people want to earn more to pay less.

That’s the wickedness of APC. That’s the injury the party inflicted on the nation. Meanwhile each day we read how EFCC confiscates properties purchased by national leaders, with materials purchased at those same prices.

Except Nigerians wake up to tackle corruption and looting of public resources, there cannot be any moving forward in positive directions.

Epistasis:
Open border for importation?
So what will now happen to the cement companies in Nigeria, what about the workers there?.

You people are selfish, that's the reason why Nigeria is stagnant economically.

They simply adapt, it called competition for a reason. Open the border for cement importation doesn't mean they have to close don't

And taking about selfishness that should be be the right word to describe the cement companies.

They are not only selfish but still greedy on top.

How was Egypt cement companies still able to produce cement and retail it for under 6k bur dangote and his cabal decided to make life unbearable for Nigerian by selling for 12k+, same thing that happened when rice importation was banned.

Africa is poverty’s Genesis to Revelation..!

kaywon:
What a calamity APC has been to Nigerians!!!

I'll rather vote anybody else than Tinubu in 2027

Today its Tinubu, tomorrow it could be another person, but the story will be the same.
The point is that few corrupt individuals has eaten the future of this country.

NewHe:
What are you producing? Cement?

No sand

Beautifulday:
No sand

I thought as much! You people will never condemn those middle men/ vendors who inflate prices and appeal to them to have conscience for once. Money won't follow them to heaven and hell!

The worst part is this stones used to produce this cement are dugged from our land here in Nigeria

More so we need more company to tackle this men... i know its kinda hard becUse they tell you how much to sell

jmoore:
Using reported Nigerian prices for a 50 kg bag:

Year Approx. price per 50 kg bag ₦1,000,000 could buy

2014 ~₦1,745 retail 573 bags

2022 ~₦3,500 285 bags

2026 ~₦12,000–₦15,000 66–83 bags


How the calculation works

2014:
₦1,000,000 ÷ ₦1,745 ≈ 573 bags.
A December 2014 report found cement selling around ₦1,745 per 50 kg bag in the market, although Dangote's announced factory prices were lower—₦1,000 for 32.5 grade and ₦1,150 for 42.5 grade.

2022:
₦1,000,000 ÷ ₦3,500 ≈ 286 bags.
A survey reported that a 50 kg bag was selling for about ₦3,500 in 2022.

2026:
By July 2026, reported retail prices were roughly ₦12,000–₦15,000 per bag, depending on producer and location.
So:

₦1m ÷ ₦12,000 = 83 bags

₦1m ÷ ₦15,000 = 66 bags


The striking comparison

If we use those representative prices:

₦1 million in 2014 → ~573 bags
₦1 million in 2022 → ~286 bags
₦1 million in 2026 → ~66–83 bags

So, in terms of cement-buying power, ₦1 million buys roughly 7–9 times fewer bags in 2026 than it did in 2014.

NewHe:
I thought as much! You people will never condemn those middle men/ vendors who inflate prices and appeal to them to have conscience for once. Money won't follow them to heaven and hell!

The middle men dey carry the goods on their heads?

When cement was 1250 naira per bag, there was no middle men

In my little years of being on earth,I have never witnessed this type of bad administration in Nigeria before.
How can a president meet cement price at 3,500 per bag in 2022 and within a year of coming into power increases the price to 15,000 per bag in 2023 till now?
This is a monumental failure in governance by PBAT.
We can't continue with this administration in 2027 else almost everybody will go homeless in Nigeria before 2031.

Let Us be very patient, It will come down to Ten Bags very soon.

strangest:
Defenders of the Chicago drug money forfeiter will soon come to explain...

so how many houses are you able to build in 2024 ?

Pacesetter123:
In my little years of being on earth,I have never witnessed this type of bad administration in Nigeria before.
How can a president meet cement price at 3,500 per bag in 2022 and within a year of coming into power increases the price to 15,000 per bag in 2023 till now?
This is a monumental failure in governance by PBAT.
We can't continue with this administration in 2027 else almost everybody will go homeless in Nigeria before 2031.

the problem with some of you guys is lack of knowledge ofhow things works.

so how many houses are you able to build in 2024 ?

so pathetic

Lord Jesus, help all the poor in this Nation.