Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,205,824 members, 7,993,859 topics. Date: Monday, 04 November 2024 at 08:23 PM |
Nairaland Forum / Nairaland / General / Politics / Dangote's Cement Price Drop Was To Support GEJ's Agenda (33158 Views)
Kano APC In Disarray, Kwankwasiya Movment To Support Jonathan / Negative Effects Of Dangote Cement Price's Reduction / INNOSON Donates 21 Buses To Support Gej's Re-election (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by chamboy(m): 1:27pm On Nov 04, 2014 |
Gabbysky:did dis just spill out of ur mouth |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by Fabdedon(m): 2:59pm On Nov 04, 2014 |
onihaxy:today at kwakwansha.. It was sold for #1800 |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by Mamaflex(f): 3:17pm On Nov 04, 2014 |
Kennyfancy:guy easy |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by Mamaflex(f): 3:22pm On Nov 04, 2014 |
lumeneng22:The difference is much. From 1700 to 1k. Daz a great loss. They will find a way sha. As some persons are yet not aware I guess. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by Mamaflex(f): 3:24pm On Nov 04, 2014 |
leofab:huh |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by Mamaflex(f): 3:25pm On Nov 04, 2014 |
majekdom2:I guess. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by ducii: 3:27pm On Nov 04, 2014 |
majekdom2: Not really BUA Group just joined Dangote to reduce prices |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by chamboy(m): 3:30pm On Nov 04, 2014 |
InglishTeechar:since d day u knew "devil is angry with ur master satan" .. ur case has been pathetic ... here is my number 08012789732 call me .. u need deliverance from d kingdom of darkness. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by ducii: 4:16pm On Nov 04, 2014 |
InglishTeechar: Una funny die |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by laykhorn(m): 4:55pm On Nov 04, 2014 |
InglishTeechar:May you never experience something good in your lifetime and through-out your generational existence. I guess your skull is filled with pap, saw-dust and a billion dead cells of a whitish unidentified lump tissue. Don't ever quote me dolt. ***modified*** You made me do this, and for the very first time too. Well, I thought you deserve some words to take you out of you deserving ignorance which is regretful for even an illiterate at this age. If you have failed to know or reason that Dangote group is a business organization and the sole aim of every business organization is I guess to help people from your own context. I was insinuating that the OP posted a lame reason which literally means that he is wrong. But maybe you should read why Dangote did it, he didn't do it because he wanted to help people but because of the favorable government policy and even Subsidy and you wanna know why? 2015!!! That is the reason. Dangote is not to thank for it but the Federal Government and the Ministry of Trade not forgetting this is the time for election and it is plain politricks from our ever deceiving incompetent 5cumbag.s at the Aso-Rock. I recommend you stop reasoning with your ears I hope you can fathom the above lines with your little intellectual capacity. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by Ezemust: 5:12pm On Nov 04, 2014 |
raymondinc:if he do it nw they will call it CAMPAIGN THINGS |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by johnlegend01: 6:51pm On Nov 04, 2014 |
Chinom: I don't know what to call you, Jonathan's dog! I did not imply he will run at a loss, ediot! Whether you like it or not, he will get reduced profit(even considering that people will buy more, people will not still buy beyond some limits). You are one of those ediots that will not say the truth and let us tackle the wrongs on the country, thereby drawing us back. Mcheww, "the masses" |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by prof2005: 6:54pm On Nov 04, 2014 |
I have never read any meaningful comment about this discussion. I expected some one to ask like the following question: If truly a bag of cement can be sold at N1,000 without loss, why has this company been selling at 200% from the past ? So he has been ripping the populace off for decades ? Or what has changed in the environment, power supply, better roads, Good transport system ? As I see, we live in a disarray country where every news/development are never analysed to the root. God bless Nja, God punish all the enemies of the poor. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by femidejulius(m): 8:48pm On Nov 04, 2014 |
InglishTeechar: Since I never wished anyone bad in my previous post but u decided to wish me this, may it be unto you, your family and generations to come exactly what you have wished me. May the God of Isaac and Abraham make this be and may no mortal be able to change this my pronouncement for at least 600 years from today. I won't bother u to say amen. I have said amen here and it has come to stay. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by Brush1: 9:31pm On Nov 04, 2014 |
iamodenigbo1: But remember to look out for expiration date so it doesn't end up solidifying before you decide to utilize it. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by chrisblack: 10:23pm On Nov 04, 2014 |
What are you all rejoicing about .when ibeto as said it all along before he was forcefully silenced. That the actual retail cost for cement should not be more than 500 to 550 naira.on every bag sold for 1k the make a profit of 650 .so what are we rejoicing for |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by dachpee(m): 10:33pm On Nov 04, 2014 |
[quote author=ducii post=27692135]The True Reason Why Dangote Slashed Cement Prices Revealed Africa’s largest cement producer, Dangote Cement Plc has slashed local cement prices to N1,000 ($6) and N1,150 ($7), for different grades. The cement giant is keen to consolidate its position as not only Africa’s top cement maker, but the leading provider in the continent’s largest economy, Nigeria. The current market price for a 50kg bag of the 32.5 grade and 42.5 grade retails for N1,700 ($10.3), 40 percent higher than Dangote’s latest offer.This is the lowest cement price offered consumers since 2005, and ups the ante in what is considered one of the continent’s more competitive markets. Group Managing Director of Dangote Cement, Devakumar Edwin said the price cut was aimed at supporting the government’s ongoing effort to shrink housing deficit, which currently stands at an estimated 17 million. “One of the ways of addressing the issue (huge infrastructure and housing deficit) is bringing the price of building materials down to much more affordable levels, especially cement, which is within our own control as part of our contribution to the transformation agenda of the President Goodluck Jonathan administration and the attainment of key milestones in the Millennium Development Goals,” Edwin said. Since the backward integration policy for cement was implemented in 2002, local production capacity of the product has increased from less than 3 million metric tonnes per annum to about 38 million metric tonnes per annum, and nearly $20 billion has been injected into the Nigerian cement industry with Dangote – Africa’s richest man and owner of the Dangote Group – accounting for 60 percent of that investment. With market capitalization surging beyond $22 billion, Dangote Cement is Nigeria’s most capitalized listed company and the first to hit $20 billion capitalization mark. http://www.ventures-africa.com/2014/11/dangote-offers-nigerians-lowest-cement-price-since-2005/[/quote Good one others should follow suit if they want our vote good campaign strategy, nice one Jona Davou Goodluck |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by thibcyrain: 10:51pm On Nov 04, 2014 |
rhymz:Are u sure u are of this fouth generation?what has ethnicity got to do with the latest on ground,u naturally seem to be bais expecially with ethnicity,i wonder how u cud b with religion(typical Nigeria).i am nt an APC supporter but an aggressive catalyst for change.U really need to understand there are more to d faboos u read via blogs.Let me just start with something.My brother go and survey the ibese road and see the zenith of destruction,and pls tell me how dangote will survive with another governemnt.This is simple politics,it is just a way to support GEJ,sp grassroots polities will continue to favour him.That is just an atom of why jonathan can still survive xpecially in the worst economy so far. |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by mfm04622: 5:12am On Nov 05, 2014 |
akinsadeez: They won't be able to come back! There is what is called entry barrier. Apart from entry barrier, competitors now know Dangote can play dirty. They know if they come back, he will still send them away by lowering price. So why would they waste their money? |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by tomakint: 5:35am On Nov 05, 2014 |
lookmangiw:Don't be a pessimist! |
Re: Dangote's Cement Price Drop Was To Support GEJ's Agenda by iamodenigbo1(m): 6:49am On Nov 05, 2014 |
Brush1:good advice sir/ma |
(1) (2) (3) (4) (5) (6) (7) (Reply)
Buhari Hails Okoro’s World Bank Appointment, Ogwumike Too / Prince Eze Madumere Marries Chioma Oyekaba, His 3rd Wedding (Photos) / Is Dave Umahi Most Hardworking Governor In Nigeria See Pictures ?
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50 |