JagabanB:

lgb0 men rarely do nationwide business like the northerners, they are making it sound like the government banned southerners from doing these businesses.
That's the narrative they are selling.
Few days ago, an lgb0 man told me that Ibeto was shut down because it's an lgb0 business.
Why all the lies.
Why??

U lie on that nationwide business. Igbos are doing businesses across border bro.

Ayo25:
This one looks better

I don't even know dis fuckers but I think here it's d real deal dawg

eldoradoxx:
Dangote Cement may likely in their usual Monopolistic hustle order all available BUA Cement in the market, rebag and sell it at 5,500 per bag making a profit of 2k per bag and driving BUA out of market. Fear that company

I doubt they can. BUA produce a lot of cement and plan to even expand even more. Dangote will just become their number one customer

Dontcry09985:
Monopoly.

Give Igbos and Yoruba opportunity to produce cement too shikena .

Useless people

As if the Igbos and Yorubas Hands were tied.
Abi they told you that others inherited the cement business??
Only irresponsible pple shift blames to others

fanwas:
To be honest, this news is one of it kinds in recent Nigeria, I am very happy and at the same time I feel for business owner who might have too much cement at store presently.
God bless Nigeria

if he had suddenly hiked the price to 9k all the businesses you are talking about would've quickly jacked their prices to 11k even though they already had cements in their warehouse so let them cope

Dontcry09985:
Monopoly.
Give Igbos and Yoruba opportunity to produce cement too shikena .
Useless people

Don't cry

Only a bastard will deny his own people

Your people are under siege but of course that is not a problem to you. It is what is happening in other people's backyard that is a sort of concern to you.

emmanuelbrown26:

I don't even know dis fuckers but I think here it's d real deal dawg

Dontcry09985:


Na today? What happened to ibeto?

Negative competition happened to Ibeto.

Unethical practices by Dangote happened.

He suffocated all players; Lafarge,Unicem, Ashaka, Ibeto, BUA etc by crashing prices till it was no longer profitable for them to stay afloat. They all started having problems servicing their credit lines,and cut back on production or closed completely.

When they all fizzled out, Dangote took over the market.

Don’t make it sound like Ibeto was d only victim.

ibechris:
If this is true...na me e go favour it would help me reduce the burden I have on my building.

That building will collapse on you laslas... eyin oloriburuku gbogbo... na your dead body them go carry comot for there... why your papa no follow the man talk make e reduce the price before or your useless Obi with big head .. Eni sorire you people wanting Nigeria to fail if as Obi no win .. ema sofo danu ni

Dontcry09985:
Monopoly.

Give Igbos and Yoruba opportunity to produce cement too shikena .

Useless people

Them hold them before ...

Ikaeniyan0:
There's no monopoly in cement production in Nigeria.

If you say Dangote produce most of the cement in Nigeria , I would have agree with you. There's three major cement producer in Nigeria and as you can see, Bua is strategizing to take over the top spot from Dangote.

Let's see how Dangote and Lafarge will respond to this.

You dey mind them .. they just wanted to complain

OGHENAOGIE:
so Why did other Igbo billionaires no epp am... At least crowd fund for him to stay in business

Abi o

zomoears:


Negative competition happened to Ibeto.

Unethical practices by Dangote happened.

He suffocated all players; Lafarge,Unicem, Ashaka, Ibeto, BUA etc by crashing prices till it was no longer profitable for them to stay afloat. They all started having problems servicing their credit lines,and cut back on production or closed completely.

When they all fizzled out, Dangote took over the market.

Don’t make it sound like Ibeto was d only victim.

The big boys swallow the small ones, just like Google swallowing up all tech solutions, it's same, the weak fold up.

emmanuelbrown26:

U lie on that nationwide business. Igbos are doing businesses across border bro.

Across border doesn't translate to nationwide.
We are struggling to have lists of lgb0 companies like Bua group, Dangote group, Glo, etc
Air peace is great.
I was talking about UBA and Zenith Bank being owned by lgb0s and someone was telling me those men are not lgb0s.

JagabanB:

They are not thieves.
When u celebrate Davido for spending millions on a car for his gf, u called it his money and his choice.
When u celebrate wizkid for buying a wrist watch worth hundreds of millions of dollars, it's his money.
U all celebrate different people in this country who spend their money on things that don't help the society.
This people decides to use their own to start businesses and u call them thieves.
They are not thieves, it's their business.

My brother these are the people we have today in the country they hate people who do a lot for these economy... but celebrate people who flaunt wealth to their face.... tell them to start their own they spend a year before closing down with useless excuses... they thought business is easy anywhere .. blackberry sef close

JagabanB:

The average yoruba and lgb0 prefer spending their money on houses, clothes and shoes and come online to talk about how their shoes will feed the generation of the person replying them.
These ones are dedicated to their businesses and grew them over decades and somehow u come and pretend like they denied southerners the chance to do that.
Southerners like every northerner has the chance to start and run a business in the country like northerners.
Do it and stop bIackmaiIing others.

Simple

G12:
After I recently bought about 100 bags at 5,500 to 6,000 per bag. I feel like crying.

No worries ... e go soft the more for you ... na our prayer say make prices come down ...

Fearyourcreator:

My brother these are the people we have today in the country they hate people who do a lot for these economy... but celebrate people who flaunt wealth to their face.... tell them to start their own they spend a year before closing down with useless excuses... they thought business is easy anywhere .. blackberry sef close

Without these people they call thieves, we will be importing cement at astronomical prices today.
Entrepreneurship contribute more to our society than flaunting wealth.
But we celebrate those who flaunt it more than entrepreneurs.

G12:
After I recently bought about 100 bags at 5,500 to 6,000 per bag. I feel like crying.

You go still need more for more project very soon... you will buy cheap no spoil mind ...

pocom16:


Be deceiving yourself.. Nigeria can never grant license to import cement..with which dollars...did anybody tell you there is a supply problem?

If Chagoury enter cement business.. it can never be to import..

You obviously are unable to make yourself heard on a public forum without putting your poor parental upbringing on display. This is obviously not Tinubu's fault, even if he probably also lacked proper upbringing himself.

JagabanB:

Without these people they call thieves, we will be importing cement at astronomical prices today.
Entrepreneurship contribute more to our society than flaunting wealth.
But we celebrate those who flaunt it more than entrepreneurs.

I say it a where the masses mentality is crazy with this entitlement shit ... I was watching Elon musk being interviewed months back he said he looked for a job and couldn't see then he decided he would create 9ne then ... what majority of our own youth don't like to do ... start small ... Nigeria needs more individuals to do well with businesses... see everywhere now na bar and hotels people are investing on in Lagos... still people eldey enter like water .. I was a small manufacturing plant will do na ... this is very rampant in china ... any small place na factory but here na pleasure joints ooo

bamideleafolabi:
BUA Group has decided to being down the price of Cement effective October 2, 2023.

According to a statement from the Cement manufacturer, the organization decided to bring the price reduction forward rather than waiting till when its new production lines were completed as it had earlier promised.

Based on the latest development, the ex-factory price has now been fixed at 3,500 NAIRA per bag, 'so that Nigerians can begin to enjoy the benefits of the price reduction even before the completion of the new plants'.

The statement further revealed that upon completion of the new plants which will increase BUA production volume to 17million Metric tons per annum, the company intends to further review downwards the price of cement by first Quarter of 2024 in line with earlier promise.

See full text of the statement below



Source: @BUACement

This one will never work. You go to the factory, you buy 3,500 then come out and sell for 7k and then tell us transportation and other expenses included. Abi everybody that needs cement go go buy am directly from the company/factory?

JagabanB:

Across border doesn't translate to nationwide.
We are struggling to have lists of lgb0 companies like Bua group, Dangote group, Glo, etc
Air peace is great.
I was talking about UBA and Zenith Bank being owned by lgb0s and someone was telling me those men are not lgb0s.

I don't want to call you an illiterate but it baffles me when any Nigerian cannot simply distinguish between ethnic groups and states where each group predominantly belong to. It is quite shameful mixing tribes and states up. Apart from your simple lack of knowledge on regards to states and tribes, I doubt if you have moved around the country before because simple exposure would have stopped you from calling every one from the south Igbo or Yoruba. For your information the CEO of UBA, Tony Elumelu and that of Zenith bank, Jim Ovia are both from Delta state which is located in south south. That is not an Igbo state with due respect sir. Pls stop making these errors.

Ayo25:
Only a bastard will deny his own people

Your people are under siege but of course that is not a problem to you. It is what is happening in other people's backyard that is a sort of concern to you.

Cry me a river. Yorubas are worst in that.
Somebody from one village in ogbomosho.lived and schooled in same village would tell what's happening in not o or Enugu state

JagabanB:

Across border doesn't translate to nationwide.
We are struggling to have lists of lgb0 companies like Bua group, Dangote group, Glo, etc
Air peace is great.
I was talking about UBA and Zenith Bank being owned by lgb0s and someone was telling me those men are not lgb0s.

There's no city u won't find igbo plaza
There's no village u won't see igbo doing business. If a tribe is being found in every corner of dis nation doing business, same goes to any city in dis nation, tell me what we call that. Aside dangote, Bua and maybe one other tell me which other hausa that's in all random business.
Then. Yoruba too, aside d ones u listed, tell me more

You are a bastard jo... getat

emmanuelbrown26:

Cry me a river. Yorubas are worst in that.
Somebody from one village in ogbomosho.lived and schooled in same village would tell what's happening in not o or Enugu state

emmanuelbrown26:

There's no city u won't find igbo plaza
There's no village u won't see igbo doing business. If a tribe is being found in every corner of dis nation doing business, same goes to any city in dis nation, tell me what we call that. Aside dangote, Bua and maybe one other tell me which other hausa that's in all random business.
Then. Yoruba too, aside d ones u listed, tell me more

Should I mention Rano, Shafa etal
There's no village you will go to without seeing a Hausa-Fulani man doing business.
I guess that counts as nationwide business.
Sometimes u don't have a point then no need to argue

emmanuelbrown26:

There's no city u won't find igbo plaza
There's no village u won't see igbo doing business. If a tribe is being found in every corner of dis nation doing business, same goes to any city in dis nation, tell me what we call that. Aside dangote, Bua and maybe one other tell me which other hausa that's in all random business.
Then. Yoruba too, aside d ones u listed, tell me more

The biggest companies Dangote group,BUA, Zenith, UBA and most of the banks and big industries employing millions of people in Nigeria are owned by Northerners, South South indigenes and yorubas. These are the richest people and tribe in Nigeria. We know Delta people, they are different from igbos. Small businesses are run by people of all tribes, not just one tribe, small businesses is not by selling spare parts alone, processing, services etc...

creativehubb:

The biggest companies Dangote group,BUA, Zenith, UBA and most of the banks and big industries employing millions of people in Nigeria are owned by Northerners, South South indigenes and yorubas. These are the richest people and tribe in Nigeria.

Keep living on illustrations u listed those Companies as if igbos are not into one of two
On average igbos are more 9f business than any other thing. An average igbo nna is business minded, not office work, or almajiri work

Ayo25:
You are a bastard jo... getat

I can fell ur pains almajiri South West