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Nairaland Forum / Nairaland / General / Politics / Cement: How Dangote Offended Tinubu (4726 Views)
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Cement: How Dangote Offended Tinubu by Biodun556(m): 8:42am On Jul 23 |
Dave Umahi convinced Tinubu that concrete road is better than road constructed with bitumen that it last longer and cheaper. Then, a bag of cement was around 3,500 and 4,500. Tinubu proposed construction of Lagos Calabar coastal highway and passed it in the budget. As soon as the project is about to start, dangote and other cement manufacturers met and increased the price of cement to 10,000 Naira from 4,500 naira. That is more than 100% price hike within few days . Tinubu summoned dangote to Aso rock and demanded, why the sudden increase in the Price of cement. Dangote could not give any reason, he blamed the price hike on demand. Tinubu made it known that all the cement raw materials are locally sourced and wonder why they increased the price. Then he advised the price be reviewed. Till now, no significant decrease in the price of cement and the this affects the price of road projects budgeted by the government. Now, dangote is calling the Tinubu government to stop importation of refined fuel to assist local refineries and Tinubu turned deaf hears. My take Nigeria stop importation of rice to assist local rice producers when bag of rice was 10,000 naira. After importation was stopped Nigerian rice producers increased price from 10,000 naira to 30,000 naira per bag, then 50,000, and now 70,000 naira per bag. If you asked them, they will blame high demand. Definitely if importation of fuel is stopped, local refiners will hold meetings again and start milking Nigerians with habitrary increase in fuel price. Should dangote even demand for stoppage of importation of refined oil in the first place? After all he is exporting his refined oil and making money. 42 Likes 7 Shares |
Re: Cement: How Dangote Offended Tinubu by Biodun556(m): 8:42am On Jul 23 |
Let me add that it is only Tinubu since 1999 that does not asked for financial help of any billionaire to be president 13 Likes 2 Shares |
Re: Cement: How Dangote Offended Tinubu by LordIsaac(m): 8:44am On Jul 23 |
Hmmmm 1 Like |
Re: Cement: How Dangote Offended Tinubu by mycar: 8:48am On Jul 23 |
Biodun556:This makes little sense. i think Dangote should find a way to bring his own price down and the marketers will have no other option than to patronize him. Air peace did that too 35 Likes 3 Shares |
Re: Cement: How Dangote Offended Tinubu by Zwooks: 9:06am On Jul 23 |
Biodun556: Truth 4 Likes |
Re: Cement: How Dangote Offended Tinubu by fuckJones(f): 9:07am On Jul 23 |
this make sense to me 36 Likes 1 Share |
Re: Cement: How Dangote Offended Tinubu by Zxcvbnmghtr: 9:07am On Jul 23 |
![]() How many of you pray for this kind of Dangote's wealth that will not make you have peace of mind. To me, it's an irony of life to be that so rich and still have things bothering your mind. ![]() 43 Likes 3 Shares |
Re: Cement: How Dangote Offended Tinubu by adeniyiemmanuel(m): 9:19am On Jul 23 |
Last last the TRUTH reveals its self... Don't honestly know why our so call BIG PLAYERS in business are so SELF CENTRED. CALLOUS,& very GREEDY. some myopic fellow that are blinded by tribalism why start pick pointing accusing finger @PBAT CALLING HIM ALL SOUGHT of name... Well naa u people go suffer am most. The same way this GREEDY MAN wanted to av monopoly over CRUDE OILS.. GOD HELP US SHAA. Biodun556: 1 Like |
Re: Cement: How Dangote Offended Tinubu by tommy589(m): 9:20am On Jul 23 |
Biodun556: Interesting 1 Like |
Re: Cement: How Dangote Offended Tinubu by Melagros(m): 9:22am On Jul 23 |
COMRADES, wait a minute, who is Tinubu in the first place? 1 Like |
Re: Cement: How Dangote Offended Tinubu by Okoroawusa: 9:23am On Jul 23 |
Your analysis is far fetched but it's interesting though... 33 Likes |
Re: Cement: How Dangote Offended Tinubu by seunjungle1(m): 9:26am On Jul 23 |
This was exactly what happened sir. Nigeria govt should wake up to fix things and deal appropriately with this thieves that have been reigning since. Nigeria should allow importation back to Nigeria...our population is growing bigger 5 Likes |
Re: Cement: How Dangote Offended Tinubu by Akinboboz(m): 9:27am On Jul 23 |
Not far from truth ...... monopoly has eaten deep ...in case you do not know.... monopoly is another form or branch of corruption...... Like the point raised up there....the federal government stopped the importation of foreign rich and the next thing our local producers do was to increase the price of rice sitting it on demand or whatever reasons...it's highly uncalled for.... 7 Likes 1 Share |
Re: Cement: How Dangote Offended Tinubu by Lanretoye(m): 9:28am On Jul 23 |
It seems it is not business as usual for dangote and that’s why he is crying foul. 10 Likes 2 Shares |
Re: Cement: How Dangote Offended Tinubu by haffaze777(m): 9:32am On Jul 23 |
Melagros: The alpha and omega of Nigeria politics,the one that dictate how your affair being run. 42 Likes 1 Share |
Re: Cement: How Dangote Offended Tinubu by Ttalk: 9:37am On Jul 23 |
This sounds truth but there are few questions to ask. Where is the prove that Dangote asked FG to stop importation of refined oil? Why is it taken so long for FG to fix it's refinery to serve as a buffer and check on monopoly they perceive Dangote is about to create with his refinery. 30 Likes |
Re: Cement: How Dangote Offended Tinubu by Bizibi(m): 9:40am On Jul 23 |
Straight BS 1 Like |
Re: Cement: How Dangote Offended Tinubu by EmeeNaka: 9:42am On Jul 23 |
Energy security do not demand having a single source of energy. Dangote should be given a level playing field. Deregulation do not mean a complete stoppage in importation. In fairness, Dangote benefitted from foreign exchange scam which he used to push the construction of his refinery. He should stop demanding for import ban. 4 Likes |
Re: Cement: How Dangote Offended Tinubu by amazingspiderma: 9:46am On Jul 23 |
Let's wait to here from the other party. |
Re: Cement: How Dangote Offended Tinubu by LifeOfTrigga(m): 10:06am On Jul 23 |
[/b] Akinboboz: Not far from truth ...... monopoly has eaten deep ...in case you do not know.... monopoly is another form or branch of corruption...... [b]Like the point raised up there....the federal government stopped the importation of foreign rich and the next thing our local producers do was to increase the price of rice sitting it on demand or whatever reasons...it's highly uncalled for.... Asin e go far… |
Re: Cement: How Dangote Offended Tinubu by mrvitalis(m): 10:10am On Jul 23 |
Biodun556:The level of ignorance in this write up eh is crazy Petrol is an artificial product... Price is same world wide expect the country decide to tax it Price of Petrol has been, is and would forever be 0.8 to 1.1 dollars it's not rocket science If dollars raise to 5000 to a dollars u would buy petrol 4000 to a litre All these your grammar is rubbish Petrol in nigeria is ₦1240 as we speak, government subsidy is what's keeping it blow 1 Like |
Re: Cement: How Dangote Offended Tinubu by kheny12(m): 10:12am On Jul 23 |
Nigerians manufacturers and producers are the most wicked human beings on earth.They keep milking the poor citizens with their useless high demand price,yet they keep increasing everything.Fedral government should open border, Everyone should buy what they want at affordable prices. 1 Like |
Re: Cement: How Dangote Offended Tinubu by Kukutenla: 10:14am On Jul 23 |
Lol. Where is this zombie getting this funny lie from? Suddenly Dangote refinery is bad. How does it even make sense for Tinubu to punish Nigerians for the sins of cement producers. Shouldn't he just lift the 20+ years old ban on cement importation instead? Abi how are these people spewing dumb lies like this? Op, what do you think of the revelation that Lagos got $100m for Dangote refinery land. That one nor concern you abi 3 Likes |
Re: Cement: How Dangote Offended Tinubu by gare(f): 10:19am On Jul 23 |
mycar: GO AND CHECK AIR PEACE PRICE TO UK IT WILL SHOCK |
Re: Cement: How Dangote Offended Tinubu by fayomim: 10:33am On Jul 23 |
Ttalk: We still have bad elements in the system sabotaging the effort of the government. Vandalism also is a problem 1 Like |
Re: Cement: How Dangote Offended Tinubu by RepoMan007: 10:46am On Jul 23 |
Trade unionism. Lol. |
Re: Cement: How Dangote Offended Tinubu by olisaEze(m): 10:48am On Jul 23 |
So to preempt the arbitrary increase of prices, the refinery meant to stop subsidy and drive fuel price down, should not be allowed to operate for Nigerians. Subsidy is fighting back! ![]() |
Re: Cement: How Dangote Offended Tinubu by Britishpea: 11:01am On Jul 23 |
mrvitalis: I hate it when someone is chronically brazenly stupid.... he didnt even talk about the price of petroleum, neither did Dangote mentioned the price in his outburst... the none of contention is the stoppage of fuel import and the poor quality of his products, causing him,dangote, to say that the imported products are poisonous.... where did you counter the op's write ups 8 Likes |
Re: Cement: How Dangote Offended Tinubu by Seefinish: 11:08am On Jul 23 |
Biodun556:if your four refineries were working, Dangote would have been forced to sell his products according our local price. But now, the cabals are trying to paint Dangote as the problem. 1 Like |
Re: Cement: How Dangote Offended Tinubu by malali: 11:25am On Jul 23 |
DANGOTE IS DOING THE SAME THING AL CAPONE DID IN USA IN THE 1830's EXCEPT THIS TIME HE IS MESSING WITH THE FEDERAL GOVERNMENT, BRAZENLY AND WITHOUT FEAR. OKAY THEY PASSED THE BUDGET AND HE DOUBLED THE CEMENT PRICE, TECHNICALLY BRINGING THE GOVERNMENT TO ITS KNEES SINCE HE HAS QUASI MONOPOLY OR HE IS THE HEAD OF THE CEMENT CARTEL. NOW SOME DUMB PEOPLE WANT US TO ENTRUST HIM WITH THE ENERGY (DIESEL/PETROL) OF THE WHOLE COUNTRY. THE DAY HE WAKES UP AND HE DOESN'T LIKE THE GOVERNMENT, HE WILL SABOTAGE THE WHOLE GOVERNEMENT SINCE HE HAS PETROL/DIESEL MONOPOLY. HE IS ALREADY THROWING ENTITLED TANTRUMS, SELL AND BUY IN THE OPEN FREE MARKET. ITS NOT A MUST THAT NIGERIA MUST SELL CRUDE TO HIM OR BUY DIESEL/PETROL FROM HIM. 4 Likes |
Re: Cement: How Dangote Offended Tinubu by Malawian(m): 11:33am On Jul 23 |
All Tinubu had to do was re-open Cement importation to crash the price. Dangote has no rights to demand stoppage of Fuel Importation. He can build his own filling stations across the country and sell his fuel in peace. Tinubu should resign like Joe Biden. 3 Likes 1 Share |
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