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Nairaland Forum / Nairaland / General / Business / Cement: Dangote, Lafarge BUA Post High Profit Margins (21594 Views)
Prices Of Dangote, BUA, Lafarge, Other Cement After Meeting With FG / PIB: Like Sugar, Like Cement, Dangote To Dominate The Oil Industry / Lafarge Africa Reports N35bn Loss In Full Year 2017 (2) (3) (4)
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Cement: Dangote, Lafarge BUA Post High Profit Margins by FreeStuffsNG: 11:19pm On Oct 10, 2023 |
Dangote, Lafarge, BUA post highest profit margins among global peers https://businessday.ng/companies/article/dangote-lafarge-bua-post-highest-profit-margins-among-global-peers-2/ 1 Like
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Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by FreeStuffsNG: 11:19pm On Oct 10, 2023 |
This calls for immediate diligent investigation for likelihood of national economic sabotage and unfair trade practices against Nigerians by these three companies. This is utterly shameful and heads must roll in any agency found culpable. For years, there has been strident calls for investigation of these companies cement companies and these calls have been ignored but this report is by far the most compelling to investigate cement pricing in Nigeria. Haba! Only Lafarge come close to having a significant amount of its shares owned by Nigerians while the 2 cement companies owned by Nigerians are literally one-man business like a 2-man cartel using cement price to hold down the progress of this nation. More than 90% of the outstanding shares of Dangote cement is owned by Alhaji Aliko Dangote, GCON while about 95% of the outstanding shares of BUA cement is owned by Alhaji Rabiu. So the unparalleled world record profit held by these two companies end in the pocket of these two individuals 68 Likes 6 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Taylor92: 11:20pm On Oct 10, 2023 |
Dangote na thief Criminal 95 Likes 7 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Urheadmaster(m): 11:22pm On Oct 10, 2023 |
Dangote is a businessman. Businessmen can do whatever it takes to keep getting better and richer ask my Igbo brothers FreeStuffsNG: 14 Likes |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by BadMaster: 11:50pm On Oct 10, 2023 |
Some of their foreign counterparts have more than 10 times their production capacity, yet make far less profit. This is an indicator that Cement is overpriced in this part of the world. Dangote, BUA and Lafarge Africa are clearly ripping us off. We are in trouble in this country, and we don't have a responsible government to check these criminals. 136 Likes 14 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Ever8090: 11:52pm On Oct 10, 2023 |
I use to respect this Dangote but of recent, I am beginning to suspect that niga is a quiet crook. The man is worst than Nigerian politicians, 118 Likes 8 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by SoNature(m): 12:13am On Oct 11, 2023 |
Cement manufacturers, financial services providers and telcos are the richest companies in Nigeria. 40 Likes 4 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by MissWords: 12:14am On Oct 11, 2023 |
Ok |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Smithkafors(m): 12:16am On Oct 11, 2023 |
Make una vote Obi president. The man would’ve cleaned this country. This country needs help. Banks are not left out. 43 Likes |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Favor369(f): 12:45am On Oct 11, 2023 |
Just take a look 1 Like 3 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by pocom35: 6:16am On Oct 11, 2023 |
Despite BUA reducing its cement Prices.. The company Still records one of the highest rate of profit.. Abdul Samad Rabiu is an insane business man.. funny enough he is into far more industries other than cement.. here is his business empire https://www.youtube.com/watch?v=tkV1ImOcojc?si=uhpfSNTfD-aVLu7t 4 Likes |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Honestfrend: 6:16am On Oct 11, 2023 |
The rich keeps getting richer and the poor getting poorer.. If re poor u won't like Nigeria 2 be honest.. But if u re rich forget it.. I laugh at those putting all their hope in dangote refinery.. 21 Likes 2 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by 6ixVille: 6:16am On Oct 11, 2023 |
Okay |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by HandsomeHITLER(m): 6:17am On Oct 11, 2023 |
Dangote is a wicked man 8 Likes 1 Share |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by ClassicMan202(m): 6:19am On Oct 11, 2023 |
Why won't Dangote's profit be more than 50% when he is selling @ double the price. Is it not even criminal to earn such profits?? 10 Likes 1 Share
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Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by AustineE1: 6:19am On Oct 11, 2023 |
The cement cabals,it reminds me of the movie 'all the president men'! 3 Likes 1 Share |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Mubby4luv(m): 6:19am On Oct 11, 2023 |
BadMaster:All our problem lies with the Dollar bill. 1 Like |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Okiton: 6:19am On Oct 11, 2023 |
They used hatred shut down our brother Ibeto Cements for demonic Dangote to thrive in his evil 11 Likes 1 Share |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by emmabest2000(m): 6:19am On Oct 11, 2023 |
I pity those who think that the price will go down 5 Likes 1 Share
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Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by nairalanda1(m): 6:21am On Oct 11, 2023 |
Taylor92: FreeStuffsNG: So both of you are actually Communists You both think that companies should not be allowed to make a profit. Right, comrades? I never thought I would see the day a tinubu and obi supporter, a one Nigerian and a Biafran would agree. Well, sane economists always know it is right for companies to make a profit. They need to pay salaries,pay for maintenance,pay for upgrades and so forth. But you two want cement to sell at 50 naira a bag. Shebi you go pay the salaries of the workers then? Anyway, Communists want nothing more 3 Likes 1 Share |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by pocom35: 6:21am On Oct 11, 2023 |
;Dhow na? HandsomeHITLER: |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Runaway: 6:22am On Oct 11, 2023 |
😂😂😂. Nigerians ripping Nigerians off... 2 Likes 1 Share |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by pocom35: 6:22am On Oct 11, 2023 |
Ever8090:he is not worse .. You just seem to have an entitlement mentality... no living body who is Nigerian has invested more than he has in Nigeria.. most of the investment are from loans He must settle.. He just can't turn business to charity ..He is also has no monopoly at least BUA has opened some people's eyes BUA's cement price will go back to normal ...just watch 9 Likes 1 Share |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by HandsomeHITLER(m): 6:23am On Oct 11, 2023 |
pocom35:the man is responsible for many monies being laundered clean in Nigeria. Most politicians are stakeholders in that organization and they simply throw cash in there so it can come clean... Somehow 😊 7 Likes |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by MorataFC: 6:24am On Oct 11, 2023 |
Leech |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by UncleKoboko: 6:25am On Oct 11, 2023 |
Dangote na bastarɗ |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by MrFixIt007: 6:26am On Oct 11, 2023 |
₦3,500 per bags that Bua promised to start from the effect of October 2nd, is still some jokes and dream as store still sell at ₦5,800 per bag Nigerian sha! WE don't even know who is playing the Ojoro anymore 15 Likes 2 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by InvertedHammer: 6:26am On Oct 11, 2023 |
/ Most Nigerians love politics of identity and association. To them, Dangote even though established as a shrewd businessman, still enjoys the support of Nigerians because they use him for a bragging right--"Africa's wealthiest man is a Nigerian". It is akin to those mofos who form Team Messi vs Team CR7 even though both players have no direct impact in their lives. / 8 Likes 4 Shares |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by Funkyswagzz(m): 6:26am On Oct 11, 2023 |
FreeStuffsNG: Just dey play.. why won't you ask ur oga to sanction I thought u have his office number. Stupid set of people,, same dangote and apc lead government who ended ibeto cement just to have monopoly over everything 4 Likes |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by nairalanda1(m): 6:26am On Oct 11, 2023 |
HandsomeHITLER: Yeah, and you would sell your products below production cost to help the poor,hey? |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by pocom35: 6:27am On Oct 11, 2023 |
HandsomeHITLER:normal. no organization is clean.. you watch how he has grown his company so well.. he is far better than Diezani https://www.youtube.com/watch?v=XHx4UHDML04?si=IDlFh5sLDpxJ_JkP |
Re: Cement: Dangote, Lafarge BUA Post High Profit Margins by zombieHUNTER: 6:27am On Oct 11, 2023 |
Cement should be 2000.. This is serious Economic sabotage and the ruling class sure is an accomplice.. Dangote will use his refinery to kill off what's remaining of the country.. This evil man sells cheap cement in other African countries 6 Likes |
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