See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) - Business (6)

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See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) - Business (6) - Nairaland

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BUA Reduces The Price Of Cement To ₦3,500 Per Bag, Promises Further Reduction / How Lucrative Is Selling Of Cement? / Dangote Crashes Cement Online Sales Price, Signs On Jumia (2) (3) (4)

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Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by colon(m): 2:31pm On Feb 18

E b lyk say d person wey type this thing forget him sense for bet9ja shop ooooo

Jagaban2012:

Daddy's boy... It is high time you take responsibility for your life and stop sharing what your daddy has achieved...

Your mate dey build estate within a Year and you are still here sharing nonsense.....

3 Likes

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by faceland: 2:32pm On Feb 18

I may be wrong because I was too young, but in 1992, most people's salary was NOT up to 1k naira.

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by GreaterFuture(m): 2:34pm On Feb 18

grandstar:

I remember when a bag of cement was N8

What year?

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Pacesetter123(m): 2:34pm On Feb 18

mctech:

This is not correct.
Perhaps he wanted to write N7000 which amounts to N700 per bag.

N70? No.

It was N500 in 2001 so it can never be N70 in 2014.

Nawa for unah..oo.
He said 32yrs ago.

So 2014 you wrote up there is 32 years ago to you,bah?
grin

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by GreaterFuture(m): 2:36pm On Feb 18

Asura:
That 34k is like 60+ million naira in today's Nigeria

Right... as at that time, that money was not easy to come by too

(Though 60m u use is an exaggeration)

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Quebec91(m): 2:36pm On Feb 18

ZombiePUNISHER:

Sai Tinubu

I'm voting Tinubu in 2027 to teach some people politics

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by GreaterFuture(m): 2:37pm On Feb 18

Konquest:

1992... Impressive. You folks are good record keepers in your family.

I don't think the picture belongs to him...
It seems to be a repost

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Shantyken(m): 2:38pm On Feb 18

azpekuliar:

You know how much bricklayer and tiler dey earn for Canada? They are better than Nigerians wey full UK dey clean people anus and dead body. What is the inflation rate in Benin Republic?

Wat is their population

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Zeezenho: 2:41pm On Feb 18

Tinubu amaka

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Pacesetter123(m): 2:41pm On Feb 18

Eriokanmi:
Global inflation is real but the type Nigeria is facing is leadership-push inflation. Go to cotonou, a bag of rice 3 or 4 years ago is almost the same today. We used to change 1,000 naira for 10,000 cfa before entering cotonou just a few years back. Today, 10,000 naira is less than 5,500 cfa. How do you explain this?

Leave them,let them continue to blame imaginary inflation.
Instead of blaming bad leadership that has brought our economy to it's knees.

2 Likes

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by lanryfunky(m): 2:41pm On Feb 18

Jagaban2012:

You have spoken like your types at Awoyaya....who believe that by building a block of flat..ranked them among the wealthy....set awon strugglers
Oloriburuku somebody....

I know that guy that posted the stuff and he’s my Aburo.
A very hardworking and honest that his life never ceases to amaze me.He supplied all the roofing materials I used in all my projects.
He has really done very well for himself and it’s very unfair and unnecessary for you to come online and denigrate him.
This really shows that you were raised wrong and just an offspring of a broken home.
If you are the only child of your parents,I’m afraid your father needs to go and impregnate another woman before it’s too late for him and for your mother,I could refer her to some good orphanages because mehn,dem no see pikin born.

4 Likes 1 Share

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Tonididdyx: 2:42pm On Feb 18

metaluterus:

Do you need it? I am available for your order here in Lagos too 8,500 Naira Dangote

It's either you bough rebag ( tampered cememnt less than 50kg)

Or it's a stolen product!

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Image123(m): 2:48pm On Feb 18

But many people were still tenants and even homeless (sleeping under bridge) this same 1992. What exactly is the point again?

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by money121(m): 2:49pm On Feb 18

lanryfunky:

I know that guy that posted the stuff and he’s my Aburo.
A very hardworking and honest that his life never ceases to amaze me.He supplied all the roofing materials I used in all my projects.
He has really done very well for himself and it’s very unfair and unnecessary for you to come online and denigrate him.
This really shows that you were raised wrong and just an offspring of a broken home.
If you are the only child of your parents,I’m afraid your father needs to go and impregnate another woman before it’s too late for him and for your mother,I could refer her to some good orphanages because mehn,dem no see pikin born.

Thanks so much uncle cool

O fe fi mi trend ni grin

Awon omo iran ki ran

3 Likes 2 Shares

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Pacesetter123(m): 2:50pm On Feb 18

garfield1:

It's not Tinubu fault.goods have always increased in prices

Yes,it has always increased in price,but at what rate?

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by ObalendeCMS: 2:50pm On Feb 18

Don't mean to burst your bubble, your father might be among those that indirectly or directly got us to where we are!

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by money121(m): 2:50pm On Feb 18

Image123:
But many people were still tenants and even homeless (sleeping under bridge) this same 1992. What exactly is the point again?

Fingers can't be equal my brother
Let pray to God make he pick our call

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by almarthins(m): 2:51pm On Feb 18

Jagaban2012:

Daddy's boy... It is high time you take responsibility for your life and stop sharing what your daddy has achieved...

Your mate dey build estate within a Year and you are still here sharing nonsense.....

As usual na jab n yab Una sabi throw. Una lord and person saviour is doing well with our economy. If na Igbo talk like this now, Una go say dem do this or that, give dem names join. Dem no increase income as inflation dey go moon, but u sabi tell another man make him fly without wings.

Our mummy never reach?

Continue, just continue!

2 Likes

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by azpekuliar: 2:51pm On Feb 18

Shantyken:

Wat is their population

4 people in a room.

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Sholaco: 2:54pm On Feb 18

money121:
peele dangote family
Your father failed you
Reason why you are so bitter
Set awon omo single mother
Werey called it brag try to brag about urs let see
Thought u said ur mate av built estate
Let see urs
Int'l champion Omo eru jati jati

as e dey pain them, e go dey sweet you 💪.
Well done brother mi.

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Sicklebear28: 2:59pm On Feb 18

metaluterus:
I bought Dangote cement 8,500 Naira today

Next year it will be 100,000K per bag of cement

That is what we call Shege banza promax grin

. Agbadorians how far.

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by olatuns2017: 2:59pm On Feb 18

money121:
He bought 10bags of cement at rate of #700

Mean 1 bag #70

Do you think is possible to happen again in nigeria?

fergie001, Mynd44, OAM4J Seun Nlfpmod

It's can never happen anywhere in the world.

Google the price of cement in UK or US 32 years ago and compare with current price in UK/Us.

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by writeprof(m): 2:59pm On Feb 18

Today is the day of the Lord. Therefore, I pray and prophesy for Nigeria!
* Nigeria, you are a land flowing with milk and honey...You will not dry up but the wicked and evil human spirits sucking you dry BEGIN to dry up from now in Jesus's name 🙏

*Nigeria, those who want to make you a place of desolation and the burial ground of the citizens shall be desolate themselves 🙏

Nigeria, your glory shall be restored as the Giant of Africa indeed🙏

Nigeria, you have given birth to worthy sons and daughters...who continue to show forth your greatness. This shall not cease🙏

Nigeria, you are a land of destiny. You shall fulfill divine plan and purpose in Jesus name 🙏

Nigeria, your peace and prosperity is restored to the masses in Jesus name 🙏

Nigeria, you are my home - whether I japa or not, there is no place like home. All those who want to make it difficult for we, the people of Nigeria, to live in peace with you shall receive their own wickedness.

Nigeria, you are blessed and no man can curse you. Remain blessed in Jesus name 🙏

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by LaIabobo: 3:00pm On Feb 18

kwaso2:

Which location pls?

i bought 8200 in iyanaipaja lagos yesterday

1 Like

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by money121(m): 3:00pm On Feb 18

ObalendeCMS:
Don't mean to burst your bubble, your father might be among those that indirectly or directly got us to where we are!

Burst your daddy bubble grin

since he can't afford this during his time

Oni rada rada

2 Likes

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by nedekid: 3:00pm On Feb 18

Richtaiwo:
Well, not by any chance supporting the current situation of the country, but this comparison no follow at all. If you go backward to let's say 1980, the cost of a bag of cement may even be less than N20. Minimum wage now is 30k, which is being reviewed. What was the average earnings in 1992? Even in the US, where you all take as model, prices of commodities in the nineties are not the same today. Global inflation is the word. As I said, I'm not by any chance supporting the current harsh situation in Nigeria but that comparison is off track.

It follows Bros. If op says in 1992 his dad bought 1 bag of cement at ₦70, how much was minimum wage then or average salary, 2k, 5k? Atleast during my nysc 1996 copper salary was ₦1050. That meant even at ₦100 per bag, in 1996 I could buy 10 bags of cement with copper salary. If minimum wage was 5k, I could buy 50 bags.
Today, minimum wage is 30k, I cement hear is 10500, and can only buy 3 bags if you add ₦1500 to the money!
I remember 1993, Daewoo racer base model was 78k brand new, normal specks was 110k. A brand new Lada Russian car here in Lagos was 55k. That meant with my 2 years copper salary of 24x2=48k + 1k salary from place of primary assignment totaling 48k +24k=72k, I could buy a brand Lada car or a Daewoo base model!
Today assuming coppers earn ₦50k can their 2 years salary of ₦1.2m dream of buying the cheapest brand new car ie that tiny suzuki car used as Lagos taxi which retails for roughly ₦10m? That 10m was when 1 dollar was ₦900 ohh, not now it is ₦1600.

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by deenee: 3:00pm On Feb 18

The high cost isn't from the manufacturer but from thrme key distributors and middle men.

Depot hasn't really changed and load time is still 2 weeks per KD.

The KDs are buying and hoarding. The retailers are also not helping matters and hiking prices by passing g on the rising cost of business to the end user.

I think it's fair to know where the real issues are coming g from.

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Oghene86: 3:01pm On Feb 18

money121:
He bought 10bags of cement at rate of #700

Mean 1 bag #70

Do you think is possible to happen again in nigeria?

fergie001, Mynd44, OAM4J Seun Nlfpmod

Show it to Tinubu, I thought you were among those that voted for him

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by money121(m): 3:02pm On Feb 18

Oghene86:

Show it to Tinubu, I thought you were among those that voted for him

Na that one dey pain you grin

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Thabothabo101: 3:02pm On Feb 18

money121:
He bought 10bags of cement at rate of #700

Mean 1 bag #70

Do you think is possible to happen again in nigeria?

fergie001, Mynd44, OAM4J Seun Nlfpmod

Those were the good ol’ days

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by 007Marvel(m): 3:04pm On Feb 18

metaluterus:
I bought Dangote cement 8,500 Naira today

Next year it will be 100,000K per bag of cement

13k5 in Benin! Although that was what my family told me they sell for over there. Dem dey reap person

Re: See The Amount My Daddy Bought 10bags of Cement 32yrs Ago (see Here) by Androidking: 3:08pm On Feb 18

Richtaiwo:
Well, not by any chance supporting the current situation of the country, but this comparison no follow at all. If you go backward to let's say 1980, the cost of a bag of cement may even be less than N20. Minimum wage now is 30k, which is being reviewed. What was the average earnings in 1992? Even in the US, where you all take as model, prices of commodities in the nineties are not the same today. Global inflation is the word. As I said, I'm not by any chance supporting the current harsh situation in Nigeria but that comparison is off track.

You are wrong it is , to compare ,this is not global but nigeria only , and the worst part is u can't even say the reasons for it ,

For economy to fail it's usually natural disaster, illness, war etc , but nigeria own ,it's typical bad leadership , 100% bad and clueless learder

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