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Why Exactly Is The Cement Price Going Up This Way? - Business (7) - Nairaland

Nairaland Forum / Nairaland / General / Business / Why Exactly Is The Cement Price Going Up This Way? (40153 Views)

BUA Moves To Crash Cement Price To N3,500 After Meeting Tinubu / BUA Promises To Reduce Cement Price / Dangote: Our Cement Price Is Lower In Nigeria Than Other Countries (2) (3) (4)

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Re: Why Exactly Is The Cement Price Going Up This Way? by pendragonbladgo(m): 4:21pm On Feb 17
BodyCount:
IT'S ESPECIALLY DUE TO DANGOTE'S GREED.


EVIL MAN

ABOKl FO0L ANI F0OL.
But the Aboki North is still the cheapest place to live and school...
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 4:21pm On Feb 17
MASTERCHIEF0847:

The entire process of manufacturing runs on diesel you genius grin ... Manufacturers association of Nigeria is complaining of costs of production, bread bakeries are complaining (their association help a press conference in Abuja), GSK , PZ and others complained of same before leaving Nigeria for Ghana, just because you're not aware if they complained of same doesn't mean they didn't complain cos they sure did.


Shut up your mouth abeg, ordinary our engineering 3d stone factory can boast of diesel storage of 3months you think the likes of Dangote and co afyer years in manufacturing dont have a bullet proof plan for all that
Do you know that Dangote also generate power in many of his factories?
Those companies that ran to Ghana how many of them are still operating in Ghana?
Mr man know make me slap you, I dont know why you no fit de think everybody de cash in with nonsense excuse of FOREX even person wey de sell crayfish u de here de yarn dust

1 Like

Re: Why Exactly Is The Cement Price Going Up This Way? by Rejoice28(f): 4:22pm On Feb 17
Friends Jesus Christ loves y'all and he want you to accept him as your personal lord and saviour by giving your life to Christ, believing in him and repenting of your sins.remember tomorrow might be too late. Shalom

1 Like

Re: Why Exactly Is The Cement Price Going Up This Way? by obesse: 4:22pm On Feb 17
Nbote:


Dangote enjoys tax relief from the government. Limestone and other materials used for production is sourced locally and not imported. Cost of production alone is not enough for him to triple the price of his cement. It's funny how everyone blames farmers for hoarding grains and inflating prices for commodities but yet no one is talking about people like Dangote for doing same
Re: Why Exactly Is The Cement Price Going Up This Way? by obesse: 4:23pm On Feb 17
Rejoice28:
Friends Jesus Christ loves y'all and he want you to accept him as your personal lord and saviour by giving your life to Christ, believing in him and repenting of your sins.remember tomorrow might be too late. Shalom
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 4:26pm On Feb 17
Hotice085:


Shut up your mouth abeg, ordinary our engineering 3d stone factory can boast of diesel storage of 3months you think the likes of Dangote and co afyer years in manufacturing dont have a bullet proof plan for all that
Do you know that Dangote also generate power in many of his factories?
Those companies that ran to Ghana how many of them are still operating in Ghana?
Mr man know make me slap you, I dont know why you no fit de think everybody de cash in with nonsense excuse of FOREX even person wey de sell crayfish u de here de yarn dust
Because you dey slap ya papa you think say you fit try am with me? cheesy
I go send you to your creator quickly grin
Buruku pikin, i sure say you dey use spin-kick wake ya papa cheesy
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 4:27pm On Feb 17
MASTERCHIEF0847:

cheesy cheesy cheesy Why are you mad bro? The great tinubulation dey affect you? Have you eaten today? grin grin grin Cos hungry man na angry man lol.
Nobody is exploiting me, it's a lazy sloth like you that feels exploited...na you numskull Dangote want exploit? grin grin grin
The only Dangote products you can afford is Sugar and Salt, restrict your discussions to topics on this products, cement is way above your pay-grade grin



You be truly Ewu Gambia
Can you explain you stupid transportation rants you close ya basket mouth, if I ask you to explain why commercial banks are making profits whyany companies are shutting down and people losing their jobs I wonder what that fish brain of yours will say
Ewu Gambia
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 4:29pm On Feb 17
MASTERCHIEF0847:

Because you dey slap ya papa you think say you fit try am with me? cheesy
I go send you to your creator quickly grin
Buruku pikin, i sure say you dey use spin-kick wake ya papa cheesy


Thunder fire you, Ewu cost of production and transportation NONENTITY
I go flog you came in front of Dangote and co
Re: Why Exactly Is The Cement Price Going Up This Way? by VeeVeeMyLuv(m): 4:29pm On Feb 17
U guys have produced in large quantities

Oya sell na... You guys cannot sell, because majority of people cannot afford the scary price.

The next thing is for you guys to sell them across the national border in another country. Quite smart of you guys.

The solution to this problem is for FG to spread the wealth, let the wealth circulate, instead of it to be concentrated in few hands.

Next is to accede to NLC demand, the wages are too poor for gawd sake. It is a crime against humanity. It is an eyesore. The poor salary is fueling corruption.

Minimum wage is supposed to be 200k.

Level 8 fg worker 1m. By then this noise will not be there. Because it will be able to afford this high price of the cement.
Re: Why Exactly Is The Cement Price Going Up This Way? by Soloari(m): 4:30pm On Feb 17
BluntCrazeMan:
Please I need someone to explain it fully to me - like as if I'm 10yrs old.

Why exactly is the price of cement going up this way?? What exactly really happened?

Is the price only affecting Just Dangote Cement?
Or it also affected all the other cement brands like Bua and Elephant.??
punishment for raiding his warehouses by Efcc
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 4:31pm On Feb 17
Hotice085:



You be truly Ewu Gambia
Can you explain you stupid transportation rants you close ya basket mouth, if I ask you to explain why commercial banks are making profits whyany companies are shutting down and people losing their jobs I wonder what that fish brain of yours will say
Ewu Gambia
Ask me fess na grin
This one illiteracy mixed with kolomental don hold am tight. You need help...drop your Aza grin
You're the second nut-case i have encountered today lol...the first one said me and my parents will die grin No one told the idiot nobody is getting out alive.
Re: Why Exactly Is The Cement Price Going Up This Way? by Nauttyprof(m): 4:32pm On Feb 17
MASTERCHIEF0847:

So cost of production has remained the same for cement manufacturers while everything else is on the increase?
Make una dey use una brain before making a comment abeg.
Cement production involves mining with heavy equipment that can only be imported as well as it's spare parts and paid for in dollars,those responsible for repairs are also expatriates who will not be paid in naira, add cost of diesel for running the factory at over 1000 naira per liter as well as importing gypsum and others then you will understand. Pay a visit to the quarry of any cement manufacturer then you will understand cement production is capital intensive.
This headless mob attacking me for saying cost of production...i asked one to give an alternative explanation to mine and the farm tool said the reason is Tinubu grin grin grin. Na so sentiments go make you fail exam.

Please, stop defending every nonsense from these manufacturers. So, the heavy equipment used for mining are imported monthly? The present price is twice or three times it's original price and you want to justify why this is so?

It's clear that these guys make sure they ruin the economy for their own gains. There should be increase of the product but not the nonsense price we have today.
Re: Why Exactly Is The Cement Price Going Up This Way? by PROPEACE: 4:33pm On Feb 17
Oxb90:
Enemy of Nigeria! You wey dey use your dirty brain, is there any justification for 16k a price of a bag of cement that is produced in Nigeria and over 95% of its raw materials are locally sauced?
Ignore the dunce!
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 4:33pm On Feb 17
Hotice085:


Thunder fire you, Ewu cost of production and transportation NONENTITY
I go flog you came in front of Dangote and co
Me na your sister i go FLOG cheesy cheesy cheesy
I pity who go procreate with you...a lineage of idiots grin grin grin
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 4:36pm On Feb 17
Nauttyprof:


Please, stop defending every nonsense from these manufacturers. So, the heavy equipment used for mining are imported monthly? The present price is twice or three times it's original price and you want to justify why this is so?

It's clear that these guys make sure they ruin the economy for their own gains. There should be increase of the product but not the nonsense price we have today.
The equipment is not imported monthly but it is used daily except you have never been to a limestone quarry. So the manufacturers who are closing down and others relocating to other countries just want to do that for fun? cheesy cheesy cheesy
Do you have an idea on the operations of a cement kiln for instance? grin grin grin
Re: Why Exactly Is The Cement Price Going Up This Way? by PROPEACE: 4:37pm On Feb 17
MASTERCHIEF0847:

How much Dangote fleece from you? grin
Control you envy of the rich else you will never be rich. Na only Dangote dey manufacture cement for Nigeria? Mkpi.
You too continue to defend the clueless government you support, you go feel am grin
You dull o! So you defend them because you want to be rich? kiss
Re: Why Exactly Is The Cement Price Going Up This Way? by LordBillionz: 4:38pm On Feb 17
MASTERCHIEF0847:

Sentimental? cheesy
Okay, provide an alternative explanation to mine, i might learn a thing or two cos we learn everyday.
You mentioned some factors which are very understandable but then, why the increased upward fluctuation of the price?
You mentioned dollar and diesel price, what is the rate of increase of dollar and diesel price compared to cement price?

And, if indeed you've being to a cement factory as you advised those against your explanation to do, can you give us a more detailed explanation with figures I assumed you probably obtained that can help us to understand the relationship?

You merely saying there is an increase in this and therefore there should be increase of that which is indeed an economic law ain't enough...

Let's deal with fact and figures


Don't tell me 'Na statistics we go chop'?
Re: Why Exactly Is The Cement Price Going Up This Way? by Babinski: 4:47pm On Feb 17
MASTERCHIEF0847:
Increase in cost of production, transportation etc... that is what you get in a dollar-dependent economy.

Cement is not being imported and the ingredients used are largely sourced locally. The rate of price increment is suspicious and warrants investigation by Government.
Re: Why Exactly Is The Cement Price Going Up This Way? by Zubbix: 4:48pm On Feb 17
Oga you don too talk, gypsum imported, this one diesel, that one limestone machinery.
E do!

Be like say na IT student you be for there. You have learnt well, Kudos! but can you keep quiet now?

All this one wey you dey explain no alleviate the pain of Nigerians. No one needs your lecture



MASTERCHIEF0847:

BUA and LaFarge also increased the prices of their products too, BUA cement is even more expensive but it's okay you can continue with your Dangote-phobia...the poor like hating the rich grin
You clearly have no idea that limestone while available in Nigeria has to be mined using heavy machinery that guzzles diesel which sells for over 1000 naira per liter, and gypsum which is used in cement plants and it mostly imported in commercial quantities and paid in dollars which is very hard to come by in Nigeria and also cost of diesel for running the factory and transportation.
Person go just post crap because him get access to internet.
Control your coded envy and jealousy of Dangote. BUA too enjoys tax relief just like other heavy manufacturers like INNOSON but it's okay you can kee foaming from the mouth over Dangote a private businessman who is not responsible for policy formulations while ignoring the banza government you supported and voted for as well.
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 4:53pm On Feb 17
MASTERCHIEF0847:

Me na your sister i go FLOG cheesy cheesy cheesy
I pity who go procreate with you...a lineage of idiots grin grin grin


See Baba wey foolish pass anything, ancestor man that can't think beyond is anus
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 4:56pm On Feb 17
Hotice085:


See Baba wey foolish pass anything, ancestor man that can't think beyond is anus
If i be ancestor then your papa and mama na fossil na grin grin grin
You're just brain-dead stupid.
Re: Why Exactly Is The Cement Price Going Up This Way? by betshopagent(m): 4:57pm On Feb 17
People defending Dangote are purely clueless. I did not vote tinubu but Obi. But, if keke sellers were to be selling on per with dangote; then the price of good quality keke selling at 1.2mill should be selling at over 3mil now,or price of inoson cars should be triple of what it used to sell. Why would dangote's cement be selling for triple of what it used to sell. Dangote is simply the most greedy Nigerian now. And most people here defending him are northerners and I don't blame them because they hardly build with cement rather na mud.

2 Likes

Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 4:58pm On Feb 17
Zubbix:

Oga you don too talk, gypsum imported, this one diesel, that one limestone machinery.
E do!

Be like say na IT student you be for there. You have learnt well, Kudos! but can you keep quiet now?

All this one wey you dey explain no alleviate the pain of Nigerians. No one needs your lecture



Oga no be your internet i dey use post na, why you come dey bark?
Baba face your problem abeg, i have a right to my opinion.
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 4:59pm On Feb 17
Babinski:


Cement is not being imported and the ingredients used are largely sourced locally. The rate of price increment is suspicious and warrants investigation by Government.
This same old elementary argument again. Crude oil is sourced in Nigeria, has that stopped you lot from importing PMS and Diesel?
Common sense is not common.
Re: Why Exactly Is The Cement Price Going Up This Way? by Goodlady(f): 5:02pm On Feb 17
Passionnn:
Open Google and type
WHO OWNS NIGERIA?
Then come back and let's discuss
Who owned Nigeria?
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 5:03pm On Feb 17
LordBillionz:

You mentioned some factors which are very understandable but then, why the increased upward fluctuation of the price?
You mentioned dollar and diesel price, what is the rate of increase of dollar and diesel price compared to cement price?

And, if indeed you've being to a cement factory as you advised those against your explanation to do, can you give us a more detailed explanation with figures I assumed you probably obtained that can help us to understand the relationship?

You merely saying there is an increase in this and therefore there should be increase of that which is indeed an economic law ain't enough...

Let's deal with fact and figures


Don't tell me 'Na statistics we go chop'?
"Don't tell me 'Na statistics we go chop'?"... Which kind insult be this na? grin
So you think i am an Agbadorian? Kai , this thing pain me fa embarassed embarassed embarassed
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 5:05pm On Feb 17
MASTERCHIEF0847:

If i be ancestor then your papa and mama na fossil na grin grin grin
You're just brain-dead stupid.


Baboon wey use mistake get access to Internet de feel special
Educated illiterate de run his cost of production and transportation nonsensical mouth
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 5:05pm On Feb 17
kpompey:

I maintained my position you and your useless parent will die in abject poverty.They raised a dunce and a society wahala. If you are not foolish, even a toddler knew that people like Dangote will never allow the system work because they made their billions from this subornation. A man who visited Jonathan in the morning because he was leading the presidential election, later to Buhari as result changes is nothing but unscrupulous element who is feeding on the wealth meant for all Nigerians. Your parent should consider themselves as barren because you are nothing but a waste of semen. Oloriburuku
Still waiting for you to tell me who your father is and what he has achieved cheesy
Re: Why Exactly Is The Cement Price Going Up This Way? by Lifemanage: 5:09pm On Feb 17
VeeVeeMyLuv:

Is there any justification to take fuel price from N197 to near N1000 now

Or devalue naira from N452 to N1,490 within 8 months? Or have an inflation rate of 30%?

And you expect price of goods and services not to increase?

Kontinue


The best hotel in Nigeria used to be average of 120k per night

Now it is over 245k

Oya go and tell them to reduce their price na
Best hotel, says who. Dangote is useless to Nigeria masses, even though he has gained a lot from the country. If what he is doing were to be happening in MTN and other telcos, nai mean say we no go breathe. The way I see it, it seems south African companies are better investors than our Dangote. Why raise prices when diesel has been stagnant, raw materials are in his factory sites, with low labour costs....he is too insensitive

1 Like

Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 5:10pm On Feb 17
MASTERCHIEF0847:

This same old elementary argument again. Crude oil is sourced in Nigeria, has that stopped you lot from importing PMS and Diesel?
Common sense is not common.


Mr common sense abeg tell us our total crude production for last year
Re: Why Exactly Is The Cement Price Going Up This Way? by MASTERCHIEF0847(m): 5:10pm On Feb 17
Hotice085:


Baboon wey use mistake get access to Internet de feel special
Educated illiterate de run his cost of production and transportation nonsensical mouth
No be mistake o, na 45k monthly i dey pay IPNX for my internet grin grin grin ... e reach to buy half-bag of rice make una put for house dey chop before person go kpuff of hunger for your family.
Kai, Tinubu you do this one cheesy cheesy cheesy
Re: Why Exactly Is The Cement Price Going Up This Way? by Hotice085: 5:12pm On Feb 17
MASTERCHIEF0847:

No be mistake o, na 45k monthly i dey pay IPNX for my internet grin grin grin ... e reach to buy half-bag of rice make una put for house dey chop before person go kpuff of hunger for your family.
Kai, Tinubu you do this one cheesy cheesy cheesy


Person wey neva chop for past 3days de open mouth
Wetin we no go see for Nairaland

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