The management of Dangote Cement Plc has made it known yesterday that the price of cement in Nigeria is lower than it price in other countries.They said the price of a bag of Dangote Cement from factory was between Two thousand, four hundred and fifty naira (#2,450) in Gboko and Obajana and Two thousand, five hundred and ten naira (#2,510) in Ibese, Tax inclusive.
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We all know the current price situation of cement in Nigerian and these have made it difficult for the material to be purchased.However, the management of Dangote cement plc has said that the current price of cement was between N2450 and N2510 in Ibese.The clarification was made as a result of some accusations made against them for selling cement at a cheaper rate to other countries than in Nigeria These clarifications were made by the Dangote group executive director strategy, portfolio, and projects Devakumar Edwin with the journalist in Lagos state.
Dangote have been widely criticized for days on social media about the price of cement in Nigeria as compared to other African countries by some people.But recently Daily post revealed that Dangote management group had to clarify that the price of a bag cement from factories around Nigeria is about N2,450 in Obajana and N2,510 from Obese plant with VAT inclusive.
We Have No Control Over Cement Prices- Dangote Dangote Cement Plc on Monday debunked claims that it was the main force behind the sharp increase in the retail price of cement, saying it has no control over the industry price and retail price of cement.The management of Dangote Cement said the factory price of a bag of cement across Nigeria as at Monday was N2,450 in Obajana and Gboko, and N2,510 in Ibese, inclusive of Value Added Tax (VAT).
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The prices of Dangote cement in other African countries have been revealed, after Dangote Group says its cement is cheaper in Nigeria than the likes of Ghana and Zambia.According to Dangote Group, there are losing dollar earnings focusing on the Nigerian market, as 50 per cent of their cost are linked to dollar, so the cost of critical components have increased due to the devaluation of Naira.
Dangote Cement Plc's management stated yesterday that the price of its commodity per bag from the factory was between N2,450 and N2,510 in Obajana and Gboko, and N2,510 in Ibese, all inclusive of VAT.Recent allegations that the company sells cement in Nigeria at significantly higher prices than in other countries, especially Ghana and Zambia, prompted the clarification.
Africa’s government officials are not known to willingly resign when confronting complicated health situations.Austria’s Health Minister Rudolf Anschober has announced his resignation on health reasons after he collapsed a second time in a week ago.Rudolf Anschober is an Austrian politician of the Green Party who served as Minister of Social Affairs, Health, Care, and Consumer Protection in the second government of Chancellor Sebastian Kurz from January 2020 to April 2021 In his resignation speech he said "I realised that I now have to pull the emergency brake for myself,” the Green politician said, adding that the country needs a fit health minister in this phase" Mr Anschober Rudolf has been in charge of the health portfolio, which became the key ministry in the pandemic since the start of the government of the conservative Austrian People’s Party and the Greens in January 2020.
The costs of Dangote concrete in other African countries have been uncovered, after Dangote Group says its concrete is less expensive in Nigeria than any semblance of Ghana and Zambia.As per Dangote Group, there are losing dollar profit zeroing in on the Nigerian market, as 50% of their expense are connected to dollar, so the expense of basic parts have expanded because of the debasement of Naira.
The presidency through the personal assistant to President Muhammadu Buhari on News Media, Bashir Ahmad has debunked the report circulating on Social Media and published by 'The Independent', alleging that the Nigeria Minister of Communications and Digital Economy, Dr Isa Ali Pantami has a link with terror groups citing US Intelligence Service.
Good morning, ladies and gentlemen.I welcome you all to this page, today we will be discussing about the current price of cement as shared by Dangote group of companies.Cement is an essential commodity used in building Houses, shops and Warehouses.Civil Engineers use it often for construction of roads.