₦airaland Forum

DICKtator:

Wooooooow!!
Do you really understand the meaning of what you typed?

Wooooooooooow!!!!!!
I hope you do cos that was so deep!!!!!!!
If you analyse your statement!!!!
So poignant!!!!!
I mean it couldn't have been said better!!!!

moneybag100:
We enjoy #1000 for 4 months...and after february 2015 it goes back to #2000...lol...campaign strategy...Nigerians don wise pass those tricks now.
Jonathan try again.

Ebenezerk2:
Your thinking faulty is very low, is Jonathan the owner of the company? can someone sell at loss for someone to win an election? always think rightly

tayoxx:
Who una dey deceive

erico2k2:
Wise up, this is the private sector, what has it got to do with GEJ?

talktimi:
and DaBullIT I believe its time for banks and other serious real estate brokers to invest in the property market and not single individuals. This is what will bring an actual drop in prices of real estate and not a drop in his the price of cement

talktimi:
By Victor Ahiuma-Young

LAGOS—LEADING cement manufacturer, Dangote Cement Plc, weekend, announced drastic reduction of the prices of its cement.

The new price regime announced by the Group Managing Director/Chief Executive Officer, GMD/CEO, of Dangote Cement, Mr. Devakumar Edwin, pegged the Dangote 32.5 cement grade at N1,000 per 50 kg bag, while the higher 42.5 grade would sell for N1,150 per bag.

A statement by the company at the end of a management meeting said, however, that the new prices were exclusive of the Value Added Tax, VAT, representing about 40 per cent discount on the prevailing market price of the product currently sold for N1,700 irrespective of the grade, across the country.

Edwin said the move was in line with the company’s commitment to the nation’s dire need for the development of infrastructure and to boost the federal and state government’s ongoing effort to reduce the near 20 million housing deficit in Africa’s largest economy.

He said, “we recognize the need for an increased rapid response to the huge infrastructure and housing deficit in the country, and one of the ways of addressing the issue is bringing the price of building materials down to much more affordable levels especially cement which is within our control as part of our contribution to the transformation agenda of the Goodluck Jonathan administration and the attainment of key milestones in the Millennium Development Goals, MDGs.

“Since the commencement of the implementation of the backward integration policy for cement in the country over 12 years ago, the local production capacity of the product rose from less than three million metric tonnes per annum to about 38 million metric tonnes per annum. During the more than 12-year period of the backward integration policy, nearly $20 billion has been directly and indirectly injected into the Nigerian cement industry with Dangote Cement Plc accounting for 60 per cent of that spend.”

The GMD/CEO added that Dangote Cement Plc would continue to ensure alignment of its corporate social responsibility with its strategic business initiatives and will continue to evaluate its pricing regime in Nigeria’s best interest.

Meanwhile, the timing of the initiative has confounded industry watchers, who say that from experience, the cement market is on the verge of entering the accelerated demand phase as the raining season is tapering and the dry season which provides the opportunity for increased construction and building activities is setting in.


http://www.vanguardngr.com/2014/11/dangote-slashes-cement-price-n1000-per-bag/

moneybag100:
We enjoy #1000 for 4 months...and after february 2015 it goes back to #2000...lol...campaign strategy...Nigerians don wise pass those tricks now.
Jonathan try again.

moneybag100:
We enjoy #1000 for 4 months...and after february 2015 it goes back to #2000...lol...campaign strategy...Nigerians don wise pass those tricks now.
Jonathan try again.

honeric01:
Do you even know if you won't die before Buhari dies?

Johnnyessence:
dangote too av joined politics not as business as usual but as political strategy.after d increment of cement before he know reduced d price Cos' people are not patronise his product again. I hope is not using this to enable Gej to campaign for us come January Cos' these are fg strategy to brief d public about our economy .PDP av loose this one again Cos' we d masses are more elaborate than d so called politician nothing can shift our stand Gej and his excos is disappointed in Feb 14 2015 polls.we are not bribe with rice,kerosene and money but will are moved by infrastructure development.

moneybag100:
We enjoy #1000 for 4 months...and after february 2015 it goes back to #2000...lol...campaign strategy...Nigerians don wise pass those tricks now.
Jonathan try again.

courage54:
Let me no when the price of land in banana island is #100,000 then I will buy the cement.

SIRJENTLE:
the truth is that there is competition in cement industry and the business Mogul DANGOTE wants to force some out of the biz by LANDCRASHING the price of cement so that those that imported must suffer loss and unable to remain in the biz.

moneybag100:
We enjoy #1000 for 4 months...and after february 2015 it goes back to #2000...lol...campaign strategy...Nigerians don wise pass those tricks now.
Jonathan try again.