Tizbid's Posts
Nairaland Forum › Tizbid's Profile › Tizbid's Posts
IVM isn't popular not necessarily because his cars are expensive or maybe below standard. But largely because he isn't backed by the FG via policies to give him an edge. A little example; should the FG lift the ban on importation of cement,dangote will struggle to compete in the cement market. Coz it is a whole lot cheaper to import a 52.5R bag of cement from say India than to buy his 42.5R which he is currently selling to us here in Nigeria.Mind you 52.5R is of a higher tensile stength than 42.5R. But with the ban he is boss ,having close to 67% of the Nigerian cement market to himself, that is the effect government policies can have in growing a local product. |
SA?...price. |