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Nairaland Forum / Nairaland / General / Business / Dangote Signs Deal To Build Another Cement Plant In Ogun State (13380 Views)
$1.5 Billion Mangal Cement Plant Completed In Ilu-agba Kogi State(photos) / Sinoma Is Constructing A Cement Plant In Kogi (Photos) / Dangote Cement Plant In Edo And Bua Cement Plant In Edo (Photos) (2) (3) (4)
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Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Indispensable85(m): 11:17am On Feb 02, 2023 |
Kobonaire4: The problem in the east is self inflicted |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by alhajisocrates: 11:21am On Feb 02, 2023 |
ZAMU MULKI KOWANE JAHAR DESFITE ALL THESE PEOPLE STILL GET BAD ROAD |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by CodeTemplar: 11:21am On Feb 02, 2023 |
Kobonaire4: |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by shegra58: 11:29am On Feb 02, 2023 |
Biodun556:West are progressing the 5% won't love this 1 Like |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by BlackKafka: 11:31am On Feb 02, 2023 |
CodeTemplar: So you propose they leave their states bare, or in other words cut their nose to spite their face? I blame all the past leaders of this country for the steep decline in the quality of education. |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by BlackKafka: 11:33am On Feb 02, 2023 |
Kobonaire4: Really hate to do this, but are we seriously considering an investment into a brewery that has more than halved in value with a Deep Sea Port, and possibly the largest Free Trade Zone in West Africa? |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by CodeTemplar: 11:35am On Feb 02, 2023 |
BlackKafka:Exactly. If not for poor quality of education, I wonder what else is responsible for total lack of comprehension and "manna":of approach. |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Thomasankara(m): 11:47am On Feb 02, 2023 |
![]() ![]() Missgeraldine: |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by COMPAQ(m): 12:06pm On Feb 02, 2023 |
Indispensable85: If na you nko? |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by COMPAQ(m): 12:10pm On Feb 02, 2023 |
Kobonaire4: Quite right. What surprises me though is the lack of investment by Lafarge, despite the growth in demand in Nigeria over the last 10years and with opportunity for export. I guess because they are a multinational company with many global operations, they may not take Nigeria serious also because of our reputation for corruption and lack of ease of doing business relative to other companies. This is a case for having our own home grown industries that can invest at home, even if they also go abroad. Nigeria should be supplying the entire West Africa with cement. 2 Likes |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by bonnyhope: 12:25pm On Feb 02, 2023 |
Gift96: Don't pray to work in a cement plant The hazard is disastrous |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by dododawa1: 12:25pm On Feb 02, 2023 |
Dangote this , Dangote that,Na only him sabi do BUSINESS. |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by COMPAQ(m): 12:30pm On Feb 02, 2023 |
dododawa1: Its always the richest people in the news. In America, isn't it always Elon Musk these days... In UK there was a time it was always about Richard Branson. In fact at a time in this country, it was all about MKO Abiola. |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Hopium: 12:34pm On Feb 02, 2023 |
Kobonaire4: When we remove subsidy, let BUA bring the competition and let's how it goes. ![]() 1 Like |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Nobody: 12:38pm On Feb 02, 2023 |
Hopium: Imma waiting for that day. 1 Like |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Nobody: 12:39pm On Feb 02, 2023 |
BlackKafka: Well, if it provides jobs....and investment.... |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Nobody: 12:40pm On Feb 02, 2023 |
Dangote is Nigeria economy in flesh |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Nobody: 12:41pm On Feb 02, 2023 |
Indispensable85: As much as it is self inflicted, it is still the job of the government to fix things there...including security Taking your analogy to its logical conclusion, doctors should not treat patients since most diseases are 'self inflicted' in a way. At the end, Buhari is in overall charge of security. Not the people of the east or the North. |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by akeeng: 12:46pm On Feb 02, 2023 |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Jack500: 1:02pm On Feb 02, 2023 |
Chetas81: Your useless land that you didn't sell, what has it given you? So, you prefer an empty land to an industry? And you will think you have brain too o 1 Like 1 Share |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Parachoko: 2:22pm On Feb 02, 2023 |
CodeTemplar:Nobody dey stop the wealthy people in Ogun State with connection to the Govt from embarking on this kind of projects |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Parachoko: 2:23pm On Feb 02, 2023 |
ceejay80s:E b like say this article pain you well well ![]() |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by Parachoko: 2:29pm On Feb 02, 2023 |
CodeTemplar:No one is stopping wealthy Easterners from investing in projects like this An igbo man and Dangote were the largest importers of cement during OBJ administration. They were giving a timeline they must build and start producing cement in Nigeria. Dangote built a cement factory while the Igbo man didn't build one, he wanted to keep on importing cement. He was suppose to build a cement factory somewhere in Ebonyi. Dangote made use of his opportunities. A lot of people misuse the kind of opportunities Dangote had. Look at Obi, nah just two next malls e get all over Nigeria, malls e don dey operate for over 8 years now, one in Abuja and one in PH. If toh say nah Dangote dey run am, Next mall fit don get more than 36 malls all over Nigeria. 2 Likes |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by francotunsco: 2:38pm On Feb 02, 2023 |
Little wonder Google pops up his name when you seek to know 'who is the owner of Nigeria?'! |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by pocom35: 3:17pm On Feb 02, 2023 |
grandstar: BUA is a competitor so is Lafarge.. A new 3MT cement plant is being built in kogi which is neither own by BUA or Dangote |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by pocom35: 3:20pm On Feb 02, 2023 |
Jack500:He is nothing but a phool |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by kenx1(m): 3:34pm On Feb 02, 2023 |
How will this reduce the cost of cement? No serious competition |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by ceejay80s(m): 4:22pm On Feb 02, 2023 |
Parachoko:E no pain me. I get money but I no fit withdraw na him dey pain me |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by grandstar(m): 5:43pm On Feb 02, 2023 |
pocom35: The country needs to open its borders to cement imports as these cement producers are exploiting consumers. An import ban was the wrong from the word go |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by pocom35: 6:00pm On Feb 02, 2023 |
grandstar:import with scarce foreign exchange? How much is the global cement price (50kg) Convert to naira |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by grandstar(m): 7:00pm On Feb 02, 2023 |
pocom35: Nigerian cement is one of the world's most expensive because producers are protected from foreign competition. Nigerian cement manufacturers make huge profit margins. There was a year Dangote's net profit margin was more than half of his sales. I think company turnover was 280bn and after tax profits were like 143. That meant if he slashed the price he sold his cement for by 50%, he would still have made a profit that could be taxed! Normally in such commodity industries with huge turnovers globally, profit margins are within the 6-12% range. https://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&tab=all&SearchText=cement+per+ton&viewtype= |
Re: Dangote Signs Deal To Build Another Cement Plant In Ogun State by pocom35: 8:34pm On Feb 02, 2023 |
grandstar:For the bolded..Dangote operates 4 cement plant with over 32MT yearly capacity..that isn't a joke.. Such quoted figure shouldn't come as a surprise.. Prices from his plant are around 3700.. What takes the price to 4600 an average is the cost of transport no thanks to current diesel prices.. You should look at other competitions if they are doing something different from Dangote..it makes no sense to focus your energy on Dangote alone.. BUA has more than 12 MTA capacity.. Lafarge has atleast 6MTA |
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