Nigeria's largest cement producer, Dangote Cement Plc in an update on strategy has announced a reduction in the price of its market-leading brand of cement.



In a bid to stimulate building work across Nigeria, Dangote Cement says it's reducing the price of its market-leading 3X brand of cement in Nigeria by ₦300 per 50kg bag, or ₦6,000 per tonne.

The new price will become effective immediately. The company is also undertaking a number of marketing initiatives designed to stimulate consumption of cement in Nigeria and to increase exports.

According to Dangote Chief Execkutive, Onne van der Weijde, "our cost-saving initiatives in Nigeria have enabled us to cut the price of cement to a level that is good for consumers yet still allows us to achieve strong returns that are sustainable in the longer term.

"We hope that reducing the cost of cement will help to stimulate building work across Nigeria at a time when the economy is in need of a boost.

http://www.nigerianbulletin.com/threads/dangote-announces-reduction-in-price-of-3x-cement.117033/

nice move if true....
....remember that today is my birthday....show me love by clicking LIKE...for mee because is not easy in a country where 70% are living below 1$..

Source or adon bilivit

Haven't we been down dis lane b4?

story story

From almost 2k to N300? That's too sharp in reduction haba. Oo should quote a credible source

dominique:
From almost 2k to N300? That's too sharp in reduction haba. Oo should quote a credible source

read well ooo abi u no knw d different btw "by n to" it means it will now sell for 1700

oluseyiforjesus:
read well ooo abi u no knw d different btw "by n to" it means it will now sell for 1700

Ok just read it again.

The same dangote who led other cement manufacturers to announce that bag of cement will is reduced to #1000 is now talking of removing #300. He is attention seeker.

I fear for this country....dangote is gradually becoming a monopoly of many household goods... and it will get worse as soon as he finishes the refinery and the rice plantation stuff...may God save us then

Who is fooling who in dis country sef?? How many times already has he announced a reduction / slash in prices of cement between last year and now alone?? And yet cement prices soared instead. Dangote has successfully dominated and monopolised most part of the Nigerian market already no thanks to policies over the years tailor made to suit his rapid take over of the Nigerian market. Make dem stop to dey do Nigerians " more u luk, d lesser u see"

500 Naira?

nonsence

if na yoke, make yoy stop am oooooooo... mbok






ARE YOU A MUSIC ARTISTE OR BLOGGER? CHECK MY SIGNATURE

dominique:
From almost 2k to N300? That's too sharp in reduction haba. Oo should quote a credible source

Single handedly deciding the price of cement in Nigeria..

Body Language...

Dangote?, u mean the CEO of Arsenal f.c.??

Lool. This man is using naija money! Naija resources all b himslef ..he's nt helping us !

Always giving WApco larfarge cement headache...Dangote!

OK...... Next!

Just like Dangote, let's work this together. view my thread
https://www.nairaland.com/2564190/15-people-needed-partner-news

na lie

i tire ooo.

Koolmexxi:
Who is fooling who in dis country sef?? How many times already has he announced a reduction / slash in prices of cement between last year and now alone?? And yet cement prices soared instead. Dangote has successfully dominated and monopolised most part of the Nigerian market already no thanks to policies over the years tailor made to suit his rapid take over of the Nigerian market. Make dem stop to dey do Nigerians " more u luk, d lesser u see"

Good

Why is it that Dangote cement doesn't gain ground in SE and some part of SS?

Dangote should please declare his assets

dominique:
From almost 2k to N300? That's too sharp in reduction haba. Oo should quote a credible source

He said reduction by N300,not selling for N300 haba...Tell me the name of your school now¿

This man is really trying to help Nigeria now. After he now his now aware real money is in stock marketing. check my thread https://www.nairaland.com/2564190/15-people-needed-partner-news