₦airaland Forum

Dangote fertilizer factory near completion and already undergoing test run.

See video on sahelian times facebook page.



https://www.facebook.com/100986188437988/posts/211265527410053/

After construction fertilizer price will skyrocket

zickyclef:
After construction fertilizer price will skyrocket

We hope it push the price down and also encourage other massive industries to be setup around the country.

Positivepoint:
We hope it push the price down and also encourage other massive industries to be setup around the country.

... I don't think it will push the price down.... Price of goods rarely goes down in Nigeria.... After the completion of the factory, expect the government to ban the importation of fertilizer into the country.... After that, you will see the producers and distributors hoarding the fertilizers and dictating the price to the farmers.... This kind of business tactic is very common with Dangote and other few people.... Use that of cement as an example, the price of cement can never go down, it will surely be going up.. The few producers are the ones dictating the price the moment government banned the importation of cements.... They have monopolize cement, and people ain't gat option but it buy irrespective of the price given to them.....

zickyclef:
After construction fertilizer price will skyrocket

You make a lot of sense, see the price of cement now

Positivepoint:
We hope it push the price down and also encourage other massive industries to be setup around the country.

No sir govt will Monopolize the industry for him then he will hike the price to pursue Ms Spike. By then poor people cannot use fertilizer again.

Positivepoint:
We hope it push the price down and also encourage other massive industries to be setup around the country.

The way you flushed down the price of cement after it was ban from importation?

Ok That's Cool

Studip,
Tmoro now d presidency wil give only him monopoly,
Then e go beginning fix anyhow price