VoodooDoll:

Ok,

How do we know that this isn't just a cynical ploy to chase away new entrants or the competition.

-1) Drop the price to N1,350, temporarily, which you suspect is below the break even point for your competitors;

-2) Announce to the world at large that you've dropped the price;

-3) Your announcement puts political and social pressure on your competitors to drop their prices;

-4) Competitors go out of business; and

-5) You then raise your price well past the old high price, blame some "rascals" and head straight to the bank laughing!!!

luluosas:

Olodo, Dangote only reduced the ex factory price from 1500 to 1350. Your Jonathan is best describe as AUTOCRATIC and he has no economic policies to drive our economy. If you think that, the directive of Jonathan is the reason for this drop, you would have been able to be buying Kerosene now at 50 naira in every filling station.

snthesis:

as stated by Blue tooth- the rise in the price of kerosene is caused by some unscrupulous suppliers of Diesel. initially due the the price difference btw diesel (=N=110) and kerosine (=N=50.00) 2008 thereabouts. some evil geniuses came up with a way of beating the competition - a mixing formulae was developed- for a typical 33000 liter truck, the suppliers buys 20,000 litres of diesel and mixes it with 13,000 liters of kerosine in what is popularly termed "rice and beans". the beauty of this mixture is it still meets the octane range required by the diesel engines. unfortunately the trend caught on and every tom, dick and harry is into this mixing, the resultant is the perpetual scarcity of kerosene. and the law of demand/supply and price takes full effect- basically the price of kerosene goes up- shikena!!!!!

luluosas:

Olodo, Dangote only reduced the ex factory price from 1500 to 1350. Your Jonathan is best describe as AUTOCRATIC and he has no economic policies to drive our economy. If you think that, the directive of Jonathan is the reason for this drop, you would have been able to be buying Kerosene now at 50 naira in every filling station.

osuda:
buy the best cement in africa dangote cement. there is this undergoing distribution all over the state in nigeria buy a truck of cement and get 100 begs free and it will bring to your door step as user if you want to apply for this promo call the manager of distribution +2349036697377 or email www.dangotecementdepots@gmail.com


Buy as many trucks of cement you can buy and get 100 begs each of the truck free and the selling price is at nomal rite and this promo will stop at 31:08:2015


PURCHASE TRAILER LOAD OF DANGOTE CEMENT AT A LOW FACTORY PRICE.
WE SHIP TO ANY PART OF THE COUNTRY PROVIDED THE CUSTOMER(S) ARE (IS) READY, WILLING AND ABLE TO TRADE.

*PRODUCT: DANGOTE CEMENT (50KG)
*ORIGIN: DANGOTE FACTORY.
*PRICE PER BAG: 800 NAIRA ONLY.
*TRAILER LOAD QTY: 600 BAGS.
*Total Cost: 600 BAGS X 950 NAIRA: = >>>>>>> NAIRA ONLY.
*DURATION OF DELIVERY AFTER ORDER:2DAYS MAXIMUM.
*TRANSPORTATION COST: DEPENDS ON DISTANCE/YOUR STATE.

wesley80:


http://www.thisdaylive.com/articles/dangote-crashes-cement-price-to-n1-350/94408/

I understand its the 'factory price' but no doubt it wld significantly reduce the retail price to between 1,500-1,600. I'm sure this is happening because of Dangote's magnanimity and GEJ's directive had absolutely nothing to do with this, afterall his policies are supposed to make us all worse off abi?

Ndeewonu:



You are blatantly blinded by your hatred for this man!
Did you know that Jonathan gave Dangote import waivers, which has ensured that he made more money in business? I guess you are aware! Magnanimity my foot!