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Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion - Business (2) - Nairaland

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MTN Nigeria Reports ₦‎575.69 Billion Pre-Tax Loss In First Quarter Of 2024 / Unilever Nigeria Plc Reports 72.95% Decline In Pre-tax Profit As Economy Bites / Dangote Cement Obajana Hit By Fire Disaster (2) (3) (4)

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Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 3:54pm On Apr 28
immortalcrown:
Cash out!

But you didn't explain how it happened. They sold cement 15k Naira per bag.
how much did lafarge sell their own
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 3:54pm On Apr 28
2023Blessed:
This news is so nauseating. Declaring unprecedented profits at the expense of Nigerians in a period of economic hardship
na him say make you no start your own cement biz
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by Good2go1: 3:55pm On Apr 28
If Global Com was behaving like Dangote air time will not be charging per second as it is today and it would have cost up to 1K per minute and people like you might not be able to afford it.
MasterTeeUSA:
with the floating of Naira, it's clear Dangote would make a lot less dollars ...so they decided to export more decreasing supply in Nigeria thus leading to increase in price. The upside, they exported more which is what any sane business person would do If he or she can make more...even those selling dry fish now prefer to export abroad...the downside is...things will cost more locally ...upside...we will produce more because greed is a factor in capitalism...folks can make more so they go for more.







1 Like

Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 3:55pm On Apr 28
Obviouslyblunt:
Any company posting huge profits in Nigeria currently is a monopoly.
like which one
All companies have competitors
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 3:56pm On Apr 28
Jokerman:
Cement Baron.


And I was told this man's refinery will reduce fuel prices
did you not go to school
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 3:58pm On Apr 28
hotseat:
Dangote doing what he knows how to do best!



After milking hapless Nigerians dry, he then smiles to the bank!



"Army robber"!



My consolation is that when he eventually drops dead, he would be wrapped up in a miserable mat and tossed into a pit.


But you will also be buried and forgotten
He won't




We came with nothing into this world and we shall go with nothing at the end.


Why don't you go and live in the bush na since you don't want to own anything
Hypocrite




Dangote, the Shylock of Africa himself!



Enjoy your insatiable and gluttonous wealth while it lasts!



He will
Ensure your poverty and laziness too





@hotseat



Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 3:59pm On Apr 28
Akwamkpuruamu:
Skinning the poor and middle class to make money is same as blood, ritual money
how is he skinning you
Na him say make una lazy
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:00pm On Apr 28
Lanre1st:
Economic theif
what did he steal
Define thief for you reply
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:01pm On Apr 28
EnEnPeecee:
At the expense of Nigerians. This monopolistic behavior of this guy is killing Nigerians
is lafarge Bua and ibeto also monopoly
Define monopoly for replying

1 Like

Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by Jokerman(m): 4:02pm On Apr 28
MIKOLOWISKA:
did you not go to school

You guys always have excuses for everything... Are you TenHag??
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:02pm On Apr 28
Mccullum:
It's not Dangote fault, I blame FG that gives him chances of getting unprecedented gains with his unjustified hiking prices of cement at the detriment of Nigerian populace.

This is open robbery via power of monopolizing cement production in Nigeria.
How did he hike price
Why don't you prolific cement and sell for 1naira
Why doesn't he hold price to 1 billion per bag since he can just hike price whenever he wants
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:03pm On Apr 28
adioolayi:
Cement is just too expensive!!!

Haba!!!
no
You're just too unproductive
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by Lanre1st(m): 4:11pm On Apr 28
MIKOLOWISKA:
what did he steal
Define thief for you reply

Nigeria economy is monopolised for him. They rob many entrepreneurs that ready to compete.

Sugar was ban but Dangote can import it and rebag. Many things

2 Likes

Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by DMerciful(m): 4:15pm On Apr 28
Why are you Nigerians buying meat from killer herdsmen?
Ykc2:
do you like fulani herdsmen slaughtering villagers?do you ask this your yeye question before buying meat?
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by SweetCarrot(m): 4:25pm On Apr 28
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Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by 2023Blessed: 4:29pm On Apr 28
MIKOLOWISKA:
na him say make you no start your own cement biz
grin angry
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by maasoap(m): 4:30pm On Apr 28
Huge profit as a result of inflated price of cement by the manufacturers. To what end?
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by maasoap(m): 4:31pm On Apr 28
Lanre1st:


Nigeria economy is monopolised for him. They rob many entrepreneurs that ready to compete.

Sugar was ban but Dangote can import it and rebag. Many things

You have been brainwashed.
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by Inosky: 4:33pm On Apr 28
Imagine, only one man milking the the country., given great leverage over others and monopoly also.

Extraction of limestone in Nigeria and selling cement expensive in Nigeria, as well as shipping to other neighbouring when the locals are not satisfied is insensitivity. Na government I blame.

Since Dangote has most the monopoly in Nigeria Market, what has Nigerians actually benefitted better than other Africa countries? The answer is nothing.

Competition is the best way to simulate economy.

Tax the rich more to pay the poor and raise the standard of the living

2 Likes

Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:35pm On Apr 28
2023Blessed:
grin angry
àbí na
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by maasoap(m): 4:35pm On Apr 28
MIKOLOWISKA:
no
You're just too unproductive

Everyone except you can't be wrong, why are you trying to fight everyone on behalf of Dangote? Bag of cement is overpriced in Nigeria and you can see the evidence from the profit posted by Dangote cement. The same thing goes for others too.

1 Like

Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:38pm On Apr 28
Lanre1st:


Nigeria economy is monopolised for him.


How
Elephant cement
Bua
Ibeto
Ashaka
Benue cement
Pls define monopoly
Did he stop anyone from doing the biz


They rob many entrepreneurs that ready to compete.

Define robbert
Did he put gun to your head
Must you buy his cement
Is cement your birthright



Sugar was ban but Dangote can import it and rebag. Many things

Dies he own st Louis sugar
Or the green and white one
Or the one we buy in kongo

Stop saying what is not true
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by 2023Blessed: 4:39pm On Apr 28
MIKOLOWISKA:
àbí na
I can't help but notice your perfect diacritics though. cool
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:39pm On Apr 28
Jokerman:


You guys always have excuses for everything... Are you TenHag??

You guys are always blaming others for your laziness
Stop being a victim
You to go and make your own cement and sell it for 1nair
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:46pm On Apr 28
2023Blessed:
I can't help but notice your perfect diacritics though. cool
Na Yoruba keyboard o
Í No sabi àmì ohun
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by olamike02: 4:48pm On Apr 28
The elites are the problem of this country. Dangote is selling a bag of cement at an exorbitant price to Nigerians while in Ghana they dare not overpriced it. We have not elected a truly Nigerian president.
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:50pm On Apr 28
maasoap:


Everyone except you can't be wrong,

Yes they can
We were all wrong till Mary lessor stopped twin murder
We were all wrong before Galileo understood gravity and the shape of the earth


why are you trying to fight everyone on behalf of Dangote?

Freedom of speech
He employs lots of Nigerians
Need to educate ppl of economic realities



Bag of cement is overpriced


What is the price of cement in other countries
What determines price
Where is your own cement

Do you still charge what you charge last 10yrs?
Why don't you


in Nigeria and you can see the evidence from the profit posted by Dangote cement. The same thing goes for others too.
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by 2023Blessed: 4:55pm On Apr 28
MIKOLOWISKA:

Na Yoruba keyboard o
Í No sabi àmì ohun
okay grin
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MIKOLOWISKA: 4:57pm On Apr 28
olamike02:
The elites are the problem of this country. Dangote is selling a bag of cement at an exorbitant price to Nigerians while in Ghana they dare not overpriced it. We have not elected a truly Nigerian president.
must you buy cement
Any don't you make your own
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by Reelz: 5:01pm On Apr 28
Dangote keeps cashing out from Nigeria due to Monopoly n illegal price control.
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by Jokerman(m): 5:04pm On Apr 28
MIKOLOWISKA:


You guys are always blaming others for your laziness
Stop being a victim
You to go and make your own cement and sell it for 1nair

No wonder Jesus said..

It is easier for a camel to pass through the eyes of a needle than for a rich man to enter into the kingdom of God
Re: Dangote Cement’s Pre-tax Profit Hits ₦‎166 Billion by MasterTeeUSA: 5:10pm On Apr 28
Before you educate someone like us, please get your facts straight. I can use phone to make calls 24-7 in the US for $20. Try making phone calls in Nigeria with Global Com for N25,000 24hrs a day, 7 days a week for a month. The Telecom are already overpriced in Nigeria and still yet, they are asking for increase in tariffs. Do they pay the same salaries as Americans, nope? So you Sir, defender of Global Com don't know you are being fleeced. Again I ask you, if you are a business person and you can sell for more by exporting, would you be patriotic and sell for less...keeping in mind Dangote is publicly traded and shareholders expect dividend payments ...now if you ask me if I love capitalism...it's debatable but it is what it is.





Good2go1:
If Global Com was behaving like Dangote air time will not be charging per second as it is today and it would have cost up to 1K per minute and people like you might not be able to afford it.

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