₦airaland Forum

Krismas:
Your error is in not properly differentiating MONOPOLY from MONOPOLISTIC TENDENCY or UNFAIR COMPETITION . Dangote cement is not a MONOPOLY

No, Dangote is a monopoly and is engaged in price fixing as well. Your confusion stems from the fact that your definition of monopoly is narrowly defined as a market structure characterized by a single seller, selling a unique product in the market where the seller faces no competition, as he is the sole seller of goods with no close substitute. He enjoys the power of setting the price for his goods. But you fail to understand also there's monopoly when a single company or a group of companies becomes large enough to own all or nearly all of the market (goods, supplies, commodities, infrastructure, and assets) for a particular type of product or service. If and when you can wrap your head around that, then may be you can begin to understand that monopoly is not just when one seller or manufacturer is involved.

Tayeni:
You made a strong point with the profit data of Dangote cement. But, don't you think the high cost of cement could be attributed to the non existing key infrastructures like power and transportation.

Ideally, cement is best transported by rail not trucks. i learnt he built some roads leading to his factory himself. Assembles his trucks himself. Has a dedicated gas power plant. The general business environment in Nigeria is unstructured and hostile. What do you think?

I understand your sentiment, but why would his cement be so much cheaper in Gambia than in Nigeria where it's been produced? If you recall in the data I shared, it shows that , "Dangote Cement’s revenues increased by 36.4% from N442 billion in 2016 to N603 billion in 2017. But instead of passing on some savings to the citizens, he rather increased its cement prices rather than reduce it." You know why? It's because he dominates that sector of the market and he knows come hell or high water, people MUST by his cement because it's essential commodity, hence a monopoly.

AllenSpencer:
You still trying to be brilliant.

Monopoly of what ?This is an interview question.

His investment is related to profit, so what are you saying?

Does Huawei or Toyota enjoy monopoly? Cos you trying to make it look like his market share is determining prices.

And his competitors, what monopoly are they enjoying? You still can't define the clear cut meaning of monopoly. If you do, you won't be arguing.

Monopoly of what ?This is an interview question.

His investment is related to profit, so what are you saying?

WOW! I am sorry I engaged you in a discussion that's above your intellectual comprehension. First off, you have no clue what monopoly means other than your simpleton understanding of it and secondly, you lack the ability to use a given data and apply it to an issue at hand. I apologize. I did not know your level of knowledge. You know, social media has made every IDIOT and numbskull an expert on issues that used to be only within the province of intellectuals.

AllenSpencer:
And Dangote is the group and organization. Other cement producers are manufacturing cars right.

Let me allow you be. You will be okay.

No, you're not allowing me be, your ignorance just got exposed and laid bare for all to see. That's why.

AllenSpencer:
You still trying to be brilliant.

Monopoly of what ?This is an interview question.

His investment is related to profit, so what are you saying?

Does Huawei or Toyota enjoy monopoly? Cos you trying to make it look like his market share is determining prices.

And his competitors, what monopoly are they enjoying? You still can't define the clear cut meaning of monopoly. If you do, you won't be arguing.

You're too dumb to reason. You hinged your definition solely on the simple minded definition of "monopoly" as a market structure characterized by a single seller, selling a unique product in the market. But unfortunately, you do not have enough sense to know that a group of companies can still play monopoly if they are dominant or controlling in that sector. Here once again is another definition of monopoly below: (https://dictionary.cambridge.org/us/dictionary/english/monopoly)

An organization or group that has complete control of something, especially an area of business, so that others have no share.

Mister man reason outside the freaking box. No wonder the ZOO is so messed up because clueless individuals like you with no reasoning ability are in charge of the zoo.

AllenSpencer:
You are not brilliant. Dull and sick!

So how many cement manufacturing companies are in Nigeria as at today? Is Dangote dictating price for others? If you had access to basic and quality education, common sense should have told you competitors can leverage on price to compete. But you hate filled being is blind.

Trying to Ferrari for the high cost of cars.

IDIOT, there are three major Cement manufacturers in the zoo, BUA, Dangote and Lafarge. Let me define monopoly for you in this context: What Is a Monopoly? A monopoly refers to when a company and its product offerings dominate a sector or industry. Monopolies can be considered an extreme result of free-market capitalism in that absent any restriction or restraints, a single company or group becomes large enough to own all or nearly all of the market (goods, supplies, commodities, infrastructure, and assets) for a particular type of product or service. Now, let me give you data to support that Dangote is a monopoly (https://nairametrics.com/2017/10/24/nigerias-3-largest-cement-companies-made-n207-billion-in-9-months-ended-september-2017/).

Nigeria’s 3 largest cement companies made a total profit of N207 billion as at the 3rd quarter of 2017. Of this sum. Dangote Cement was responsible for 93% of the industry’s entire profit. Dangote Cement which is Nigeria’s largest cement company by production volume made N193 billion in profits for the period ended September 2017, a 45% increase compared to N133 billion made the prior year. Lafarge Africa made N13.4 billion for the period ended September 2017, an improvement from the N40 billion loss made the corresponding period in the prior year.

Dangote Cement’s revenues increased by 36.4% from N442 billion in 2016 to N603 billion in 2017. We are led to understand that Dangote Cement may have increased its cement prices rather than reduce it, as the company’s profits soared despite a drop in production and sales volumes.

Now, if you have enough brain cells left in your brain, now apply the above data that I just shared with you to the monopoly definition and tell me if your FULANI brother is a monopoly or not. Not only is he a monopoly, he's involved in price fixing.

AllenSpencer:
This lots are illiterates


Its sad that majority do not even know the meaning of monopoly. They just start screaming monopoly at the mention of Dangote.

Or should I say they are poorly informed

Foolish man, is DANGOTE not playing monopoly? Judging by your writing, I am certain you have no clue what monopoly means and it's definitely not my responsibility to teach you.

AllenSpencer:
You are not brilliant. Dull and sick!

So how many cement manufacturing companies are in Nigeria as at today? Is Dangote dictating price for others? If you had access to basic and quality education, common sense should have told you competitors can leverage on price to compete. But you hate filled being is blind.

Trying to Ferrari for the high cost of cars.

You're too imbecilic to reason. I have more education than your whole family combined including your LovePeddler mama, your drunk dad, your little LovePeddler sister(s) and your STUPID ass! Now, how about that?

lionphil:
We are attending the same school biko. If I have a problem with it, why would I be attending the greatest school of all time where the truth is preached. Where history and news are dissected in such a way that even the dumbest starts to reason well.

My bad my brother! Sorry, for coming off like that. I just got tired of IDIOTS here who have bought hook line and sinker the FULANI agenda and propaganda. All HAIL BIAFRA!!

Enagi said in addition to checking cattle rustling, the bill will help address the diseases and other threats to human lives caused by the movement of livestock.

When you think you have seen or heard it all, bam! you get whacked in the face again with another imbecilic idea. If the government has to spend meagre resources available to trace, track and address the diseases and other threats to human lives as a result of movement of livestock, would it not be prudent to curtail cattle movement by going into ranching? Let the cattle owners like any other private entrepreneur buy land and start ranching. Why is it a very hard concept for these FULANI people to understand?

The Commissioner of Police has again warned the general public to desist from launching attacks on police personnel and other security agencies in the state as such will be tactically resisted and culprits (attackers) be dealt with in line with the provisions of the law.

He has vowed to get the fleeing driver arrested and prosecuted so as to serve as deterrent to others like him in our society; and to ascertain that the command will not tolerate any act of lawlessness in the state.

I certainly do not condone the brutal attack on the traffic police man. It was a very despicable and cowardly act. However, it's worth noting that citizens that have often been brutalized and dehumanized by the Police, sometimes lash out out at every chance they get especially if they can get away with it. The callous indifference and the barbaric behavior of the Police themselves breed and encourage such wanton and illegal behavior.

However, Shettima, in a chat with DAILY POST wondered if Nnamdi Kanu, the leader of IPOB and his members are more important than that of Nigeria.

Biafrans for sure do not want to belong to the ZOO. You can't force a person to be in a marriage that's dead. Nigeria was dead from the start and no amount of oxygen can resuscitate it.

lionphil:
You're a good student of University of IPOB

I am and damn proud of it. You got a problem?

What do you expect when you have one FULANI man playing monopoly? What happened to all the cement manufacturing plants that were operational back in the day like Nigercem (Nkalugu), Ewekoro, BCC (Benue Cement Company), Bendel, etc. For one reason or another, they were all forced to CLOSE due to the FULANI monopolistic agenda. Now you have one man as the sole importer. The IDIOCY of the whole thing is that the cement is not even manufactured in the ZOO, but only packaged and then sold to the citizens at a very high price compared to other African countries. What a hopeless country! ONE NIGERIA will kill all you mutha f**kers!

I hope IPOB members worldwide do not buy into this new UK Asylum policy towards our people. You better believe it that this purported gesture is nothing but a ruse and a trap to collate data on members of IPOB. I can assure you that this new policy is a way to bring out from the shadows and lay bare, IPOB members and deliver them to the ZOO government for persecution and prosecution. Let me remind you that only very few asylum seekers are granted asylum and if your application is denied after careful review and investigation, then you're subject to deportation. Now, if you're an IPOB member, you seek asylum and in the process you expose yourself to the EVIL UK government. Then in the end after your whole information is in the hands of the UK government, you're denied. What do you think would happen to the information that was collected? That information would be passed on to the Nigerian government. Then when you're deported back to the ZOO because your application was denied, the DSS would be at the airport waiting for your arrival. Like the saying goes, "If it's too good to be true, it definitely is." So, please fellow IPOBers be very careful. Do not fall for this trick because you know that Britain would NEVER do anything that would benefit BIAFRA. To be forewarned is to be forearmed!

I hope IPOB members do not buy into this new UK Asylum policy. I can assure you that this purported new policy is a way to bring out from the shadows, IPOB members and deliver them to the ZOO government. Let me remind you that very few asylum seekers are granted asylum and if your application is denied, then you're subject to deportation. Now, if you're an IPOB member, you seek asylum and in the process you expose yourself to the EVIL UK government. Then in the end after your whole information is in the hands of the UK government, you're denied. What do you think would happen to the information that was collected? That information would be passed on to the Nigerian government. Then when you're deported back to the ZOO because your application was denied, the DSS would be at the airport waiting for your arrival. So, please fellow IPOBers be very careful. Do not fall for this trick because you know that Britain would NEVER do anything that would benefit BIAFRA. To be forewarned is to be forearmed!

The Presidency on Tuesday criticised calls for secession noting that President Muhammadu Buhari will not be bullied.

Addressing journalists during a media parley at the headquarters of the All Progressives Congress in Abuja, presidential spokesman Mr Garba Shehu said those advocating for secession are the problem of the country.

Why is it that every statement, Press conference, policy announcements, etc. is always attributed to the PRESIDENCY? Where the f**k is the President himself? Does it mean he can't hold a Press briefing and talk to the citizens of the so called country that he's supposed to serve and protect? Nigerians are just plain daft especially the IDIOTS that still believe in ONE NIGERIA. How can you live in a country where citizens are been killed on a daily basis, chaos everywhere, and yet the person who is in charge could not come out and speak to the citizens? All the "Presidency" is concerned and talks about is UNITY. It has NEVER proffered any solution as to how to deal with the moribund economy and INSECURITY that pervades the landscape. You can't have UNITY when there's no unifying factor amongst the ethnic groups.

Good job! I hope all communities would rise up and defend their territory. If you want to live in a community, rent a house, a room or an apartment just like other reasonable people do. But you have NO RIGHT to trespass on anybody's property and destroy it because you're a FULANI person. How dare you? Your life is NO BETTER than anybody's. Besides, you're not indigenous to this land, you're a foreigner trying to take over peoples land. ONLY a FOOL and IDIOT would acquiesce to that rascality!

[quote author=Empiree post=100990995]UnabashedIPOB

Oh my God I didn't pay attention to your moniker since we have been chatting. So you are IPOB. Abaajo..chai. no wonder you are pigheaded with truth glaring right before you but you kept denying them. Now I understand

[/quote

I do not join issues with those who believe their own lies! You can keep yapping from now until pigs can fly, I ain't gonna fall for your FULANI agenda!

Empiree:
Should we simply conclude you don't understand the write-up in both screenshots?. There is nothing therein that says Nigerian govt funded the mosque.

You should endeavor to humble yourself and accept the truth. The mosque funding and donations were very transparent and it is online(screenshots). But you can hardly find source of funding for Abuja national church online. I had to dig up some docs 2 years ago to find out and I already told you that. It is the same thing they did with their 1994 christian terror manifesto. They concealed it in their church library and only authorized pastors can access it. You can never find it online except what I have posted on NL.

It was a pastor that helped us with their manifesto 2 years ago. We had to pay him to get hold of the documents and made copies and returned original to him. We will never reveal identity of the pastor because he entrusted is with it.

Bro, you have no idea of dirty businesses at RCCG, Deeper life and CAN concealed from you people.

Mister, I do no intend to dignify such arrant nonsense that you have been spewing. I find it not only amusing but annoying that when I show you evidence of your mentor, Pantami's, religious extremist views and MUSLIM TERRORIST groups, you call it FAKE news. But you want me to buy hook line and sinker your cut and paste clippings. If you do not have nothing of substance to argue or can't reason beyond your shallowness, then I am not going to waste any of my valuable time to run around in circle.

Empiree:
These are Muslims, right?

Are you for real? You just showed news article of Niger Delta people expressing their anger and frustration over how their resources are been used to develop the FULANI NORTH. Just because they are not Muslims, did they attach or use CHRISTIANITY as basis for their intended terrorist acts like BOKO HARAM does? The answer is NO. And again, you showed a Reuters News report of a terrorist arrested in Germany with an Igbo name but he is a member of Boko Haram. So, why you keep making an argument and providing evidence that defeats your contention? I just don't get it. If you do not have anything serious and intelligent to say, I suggest you STOP making jest of your self.

The former DSS director said the adoption of true federalism is the solution to the problem of insecurity in the country.

He said the establishment of state police is long overdue and that the call for restructuring must be heeded.

Another Efulefu talking.

chrisxxx:
Nincompoop if you think Igbos have anything to do with the Ikwerres then sponsor a dna project to establish that. Ama mini mabii rishi.

DUMB ASS!

chrisxxx:
Nincompoop if you think Igbos have anything to do with the Ikwerres then sponsor a dna project to establish that. Ama mini mabii rishi.

You can talk all your gibberish if you want to, it is what it is. Take it or leave it. You have to emancipate your dumb ass from your MENTAL SLAVERY! In all seriousness, did you see the four walls of any school? Because I want to know if I am dealing with a person who is capable of reasoning or a dunce with no brain cells at all.

chrisxxx:
Fulani people will not let you go because they paid with their blood to conquer you people. Do u know what ot takes to conquer an entity? And who does the slavery jobs for them when you people leave? They are prince and princess and require you low types to be running errand for them. No master easily sets his servant free. Like Obasanjo said, a conquered people should not raise their heads for a hundred years.
I am not you, FULL STOP.

Fulani people will not let you go because they paid with their blood to conquer you people

I would have taken your idiotic statement above seriously if it wasn't coming from a fool! The truth is that you have no knowledge of anything. You just like to hear your stinking orifice yapping. Go read the history of the British-Biafran war. The war was fought by Britain, Russia, Egypt, OIC member countries, some African countries, other ethnic groups in the ZOO and saboteurs like you and your so called Ikwerre people against Biafra. You know, it’s better to keep your mouth shut and appear stupid than open it and remove all doubt.

The Federal Government says the reported decision of the United Kingdom to grant asylum to “persecuted” members of the Indigenous People of Biafra (IPOB) is disrespectful of Nigeria as a nation.

The Minister of Information and Culture, Alhaji Lai Mohammed, also said that the decision amounted to sabotaging the fight against terrorism and generally undermining Nigeria’s security.

People just throw words around without exactly knowing the meaning. If IPOB is a terrorist group, what about MIYETTI ALLAH and FULANI HERDERS? If LIAR Mohammed does not know the meaning of terrorism, he needs to look it up rather than making a fool of him self publicly. According to Britannica, Terrorism is defined as the calculated use of violence to create a general climate of fear in a population and thereby to bring about a particular political objective.[i][/i] Has IPOB used violence to create climate of fear in a population? The answer is absolutely, NO! But Fulani herders have constantly used intimidation and violence to put fear in the population. So, for this numbskull, to make such an idiotic statement goes to show why the ZOO is in such a mess. You have fools and idiots running the affairs.

chrisxxx:
When your kinds are provided with a superior argument they resort to barrage of vituperations. I gave you a TKO. I refused vehemently to be Igbo. I will harm myself if any science proves me otherwise. God forbid Isoma! I shudder. Science says I am not Igbo. This is not Ikwerre saying ooo. This science. If you believe what your kinds have gone to write on net with no prove, I have provided you a prove scientifically and you are going crazy. Bros I cant be inferior. Igbos are considered second class citizens in Nigeria. I prefer being an unknown quantity to a known outcast.

You are just down right ignorant and foolish. You can't even articulate your views or string complete sentences together, more or less making a superior argument. You're no better than the lowest Igbo person. Igbo is bad yet, when they want to go, you and your FULANI SLAVE MASTERS would not let go. WHY? Don't be mad, I know the truth is sometimes a bitter pill to swallow but guess what? You have to take it sometimes. Like Bob Marley say, "You can't run away from yourself." I hope you don't die in your very ignorant state because that would be a tragedy!

chrisxxx:
Your likes came up with that information you would want to hear. Some of your type wrote it. Scientifically it has been proven Ikwerre has got nothing to do with your leprous identity.
Read the findings by some Igbo professors in UNIPORT.
https://www.hindawi.com/journals/ari/2014/123925/
Oloshi

Do you see how stupid you are? Show me a study that did a comparative analysis of DNA of Igbos and Ikwerres and not palatal rugae study. Palatal rugae, albeit unique to individual, is used in circumstances in which it is difficult to identify a dead person according to fingerprints or dental records. Citing the study is akin to using fingerprint to do a study to see if groups of people are related, IDIOT!

chrisxxx:
Your likes came up with that information you would want to hear. Some of your type wrote it. Scientifically it has been proven Ikwerre has got nothing to do with your leprous identity.
Read the findings by some Igbo professors in UNIPORT.
https://www.hindawi.com/journals/ari/2014/123925/
Oloshi

You're a NIT WIT. You do not deserve my time and attention because your reasoning is below that of a kindergartener. I told you that you're a WASTE of SPACE. To be quite frank, I could careless what you call yourself. With a dumb brain like you seem to have, I would not want to be associated with your kind., FOOL!

Empiree:
You think you made sense with this?.

Examples;

A victim stabbed to death by random guys.

A victim stabbed to death by a terrorist

A victim stabbed to death during robbery

A victim stabbed to death by his fellow gang members

A victim stabbed to death by family member.


Any difference in the victims death?

Please, STOP making a circular argument. The basis of your argument initially was that Pantami never made the statement attributed to him. Then when evidence was shown to you, you claimed it was FAKE news. But at the same time you want me believe your cut and paste newspaper article clippings as the truth. If you're honest with yourself, there would not even be an argument here. Your MUSLIM brothers have bastardized the ZOO and yet you're trying to convince me or any reasonable person how wonderful they are running the contraption. You must be out of your mind.

Empiree:
if you do not have evidence that govt funded it, you trying to stretch the meaning of "contribution" is irrelevant.

President Shagari simply moved capital from Lagos to Abuja and muslims suggested building Mosque through with donations from domestic and international FisabilLah (donations).

My friend go back and read what you sent me about your so called mosque and how it came to be. Yes, Local Muslims started the project with contributions from donations and the rest was from the tax payers. Knowing you and your FULANI folks, they COULD NEVER RESIST spending public funds like drunken sailors. So, please STOP your useless argument. You're not scoring any points here. Buh-bye!

chrisxxx:
You have demonstrated your stupity in full. You just made it glaringly. You recognise that Portugal and Spain share the common Vulgar Latin and you dont see Ikwerre and Igbos sharing the same except the Ikwerres agreed to be Igbos.
As per my liberation by the Fulanis when your overzealous Igbos killed Tafawa and Bello both Fulani leaders that marked the dawn of my liberation from you. When next you see Wike if at all you wont kill him ask him why he named Liberation Stadium Yakubu Gowon Stadium, Does that ring bell on your ears?
Yeye fowl.

Your ignorance and stupidity are way beyond comprehension, Look up Ikwerre and see what it shows you or Google, IDIOT. [b]The Ikwerre (natively known as Iwhuruọha is widely regarded as one of the Igbo in Rivers State. They are considered as a part of the larger Igbo people. They speak Ikwerre, an Igbo dialect, which is sometimes considered a separate language in the Igboid family, as a result of the quest for Ikwerre's recognition as a separate ethnic nationality.[b] You can deny your ethnicity all you want and become a FULANI slave that's your business but you can't change your freaking identity, MOFO!