For those of you who the price of cement has been stopping you from
building, Dangote Cement Plc has announced a 41% reduction in the
prices of cement, with the different grades now selling for between
N1,000 and N1,150, exclusive of Value Added Tax. Now, 50kg of the 32.5
cement grade sells for N1,000, while the higher 42.5 grade will go for
N1,150 per bag instead of the current N1,700 that both grades were sold
for.
The new price structure was announced by
the Group MD, Dangote Cement, Mr. Devakumar Edwin, who said
“We recognise the need for a dramatic increase in the response to the huge infrastructure and housing deficit in the country, and one of the ways of addressing the issue 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.”
103 comments:
That's good news!!
Wow! This is the best news of this year.
More houses for Nigerians.
~BONARIO~says so via NOKIA LUMIA
Instead of him to support buhari but greed is making him stand by jonathan.thanks but no thanks Dangote.
That is good....
Good job don their groupie..nice one
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The one good thing dangote has done... lol I wonder wetin him go tell God on how himspend him money
Good for him
What a political gesture for 2015. ...wonders shall never end.
Make I go buy enough bags to finish my mansion for nkwerre before dec 25th,e go fine pass d one linda build for her papa#wink# igbo kwenu!! Heh!
Wow! That's really awesome.
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What a political gesture for 2015...wonders shall never end. ...
What a political gesture for 2015...wonders shall never end. ...
You did well, bravo!
So even the poor can have a shelter, thanks Dangote, this is world changing, well done, but don't reduce the quality...
Linda edit dat it is "for those of u who said" wrong sentence biko n thnx for reducing soo we cn now build house
BAva tank You.. #Val Lala# valentinechisom7@yahoo.com
I hope dis is not story for d gods.......
Wow!!! ....This is so so so so so cool!
I applaud aliko dangote for the first time..........Seems he is not the Monopolistic Oligarch i thought he was..
Imagine Adenuga doing the same inTelcommunications , imagine Otedola doing the same for diesel, Imagine Aig imoukhede doing the same in banking, .......and Nigeria might still turn out to be the Nation of our dreams...
S'all gud tho.....
Linda daalin wassap?
On 2 the Next!
Transformation agenda my foot, give with d right hand tk with d left hand, materials for producing has also been reduced...
Linda that price was reduced for people like who, so no story again 'lol' the last time I checked the price of cement was your problem so now no more complain 'tongueout' #onelovefromSnow#
Nigeria is getting better and God bless him.....
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Tnk u very much brox buh dah is nt d major problem of nigeria..I remain #Immanuel..Youngkixx93@gmail.com
a.k.a EDWIN CHINEDU AZUBUKO said...
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This man too like money i swear. Is obvious he wants to be ontop and dont want any competition of any kind.. lolx...
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***CURRENTLY IN JUPITER***
This is a beautiful step taken from a right dimension. It will bring down the exorbitant cost of building.Dangote more power to ur elbow.
#SmithDaGreat#
That's welcome news indeed.
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This is good news of the day.
⌣̊┈̥-̶̯͡»̶̥♡thanks ⌣̊┈̥-̶̯͡»̶̥
Hope the size and quality nor change sha
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Dangote here u go again with ur monopolistic game plan. First it was Elephant and Folawiyo Cement that u brought down...now u want to take down Lafage Cement again bcos u av d money to kill all ur competitors. By the time u achieve ur aim u'll now triple shoot the selling price to N3,000 again. Deris God oooo
I will advice him to contest for presidency on #PDP platform. Yacham
ThankGod ooo xo i can now continue ma house frm i where i stoped.
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Aunty linda pls post ma comment.
Nigerians are no more interested in promises but that at hand at present..if the price stays fixed till after elections then i guess it a way forward for Nigeria..kudos to the president anyway, seems he has the interest of the common Nigerians at heart afterall.
Nice move, only if it has no hidden agenda. But first I need a job to earn money to buy cement.
Thank you Dangote; you're the father of Entrepreneur, now I can start my long over do building. #########OTUoCHA
After he has enrich himself with Nigeria wealth
What I really don't understand is why allllll politicians wait till when it benefits them before they make things happen,why are people so wicked and selfish!!why??
Yeparipaa...dis is wat yoruba people call 'gbesee'...dis is a great loss for those dat already had it in stock to sell @ 1,850....deris God ooO
Praise the lord!!
God bless this man from the bum bum of my heart
thats very good of him..this man believe so much in Nigeria
#GodblessNigeria
Good news#general savvy#
dangote on my matter. have to start my project on time before he changes his mind. lafarge no more for u. Engr Emy
Shit just after building my house.
@lwkmd_naija
(Twitter/IG)
Ok
Good
BORN TO SHINE!!!
Just like that...So how come dem dey sell am for N1000 before?
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Something is attached to it, it can't be just like that. either they have altered the value or politics. seriously,something has happened.
The retailers should take note becos I no dey will still sell @ 1200 or 1300 that's naija for you .
Dangote outlets BEWARE!!!
Where I go see am buy for that 1000?
That's what we called "the man of d people".. When men like Dangote talks we listen. While d boys are bombing themselves and fighting for political post,,, Men like Dangote are working and putting smiles on people's faces.
Make I go build house abeg
This is an exciting news for Nigerians because now people can now afford to build more houses and the real estate industry will boom now.
Bullshit I promise anybody who can prove he bought cement for N1000 within the next 2 weeks N50,000.post your proof and get 50k
Buhari or Goodluck. That's not my business. My business is the poor man who would benefit. If I have the, I will store enough cement to complete a building construction, NOW. Wouldn't you too?
Umunas u idiat......I no blame u, so u prefer he supports boko haram. So dis tin he did now is nt good ni? U guys dnt lays appreciate gud tin.
Best news ? You clearly know NOTHING about this man and his monopolistic game plan. He is causing havoc to the economy! It looks all helpful and glamorous now but its far from it. Very FAR.
Story for the gods...Price of cement is inversely proportional to the the quality...
Incredible India
I hope it stays that way for long o. Let me tell my hubby so that we can continue our building from where we stopped o.
See this one. This is our problem in Nigeria. So he should not reduce the price of Cement becos Goodluck is in power? He should Wait for Buhari who is NEVER going to be the President Of Nigeria @DIDI_JONAH
So Dangote can sell for 1000 before now but he choosed to sell at 1700, 1800. Excess gain......
This is politics.. Anything to make .Jonathan win.......but all d same, all those building shud take advantage of this opportunity......It mite not remain so afta feb 14, 2015........
Ur very senseless
Tym to build hahaha
so he will drive others out of business and increase it to 5k.
U be correct oponu...Oya go and gv d fone to ur mummy.
Good of him
Hmmmmmmm
That is if they really reduce the price
Shop owners be like dem never reduce the price reach here o
Trust nigerians to say 1 thin and do another
Lets wait and see
Why do you want him to support Buhari?because jonathan is not a nigerian right?bloody fanatic!asshole!
Surely, this is good news!
Can you imagine yourself? Do you think with ur balls or fingers? Bc definitely not with your brains. What is he supporting buhari for? We r talking about current issues and u dey talk buhari! I tire for u o
Are you well at all???? Must you tell the whole world that you don't think before you talk???when will you grow up in terms of reasoning??? Kaiiiiii...I just can't explain your condition but I know you critically need to see a herbalist to cure your insanity!!!
So what is your point??? People like you would never appreciate anything in this life...this is the main reason your girlfriend is cheating on you without remorse...insatiable greedy blind man
Ni
Nice one,keep it up
Deception!
how can you slash the price of cement when you factory is currently undergoing turn around maintenance, your product is even scarce in the market. Whole
Nice move
Good news
No matter the end game, the fact remains that i will benefit from this till its increased to maybe 5k per bag...
this is great news, the cost of building will reduce
Wow this man is awesome he has every common man in his agenda, how I wish every other rich men in Nigeria can do what he is doing. God bless DANGOTE. I have worked with his esterbishment twice in different capacity. AD star in ikeja and pasta plant ikorodu. God bless him.
Hmmmmmmmmmmmm
We cannot thank you enough Chief aliko dangote,there is way forward now
Our pres GEJ told us way back in 2012 that by dec 2012 the price of cement will come down; why now ? I guess it a campaign tins
Adebbayor
Thia man has ruined business for Lafarge, chai!
Akuko!!! Like u are doing us a favor, after ripping off the whole country because of your monopoly, now, you want us to clap for you, the reason why you are doing this is cos other cement industries are coming up stronger! Pls go and sleep, I dnt call you a rich man cos u had monoply over the whole sector of the area of ur bizness, soOooo, go and BURN!!!
He is trying to run competitors out of business.. sharp man. Control the market move.
Curiously sametin Ur mum did to Ur dad right..
Just another one of his ploy to drive his competitors away,I bet you it ain't no favour to any Nigeria.
Its high time to say no to Dangote’s way of doing business. Dangote shld stop fooling Nigerians. Yes! Its good he reduced the price of cement. But is it by sending his dealers/distributors/competitors to early grave, and bankrupting them???
Dangote cant keep robbing Peter to pay Paul! He made his cement dealers to borrow money and sell properties; to participate in the 6 weeks lifting bonus he offered them. The dealers stocked all Dangotes cement until nothing left. They bought at 1635 per bag, and Dangote reduced the cement price to 1000, just 24 hours after the bonus ended. What a wicked man??? He didn’t even give them space to sell. He didn’t even consider the poor cement traders in remote villages. Im sure none of them will be in business again; that is if they wont die of heart attack. Loosing millions to a greedy man that claims to be richest in Africa???
This is pure 419! Broad day robbery! Just because he wanna get on his competitors……Larfarge, Ibeto etc. Nigeria’s market regulators, EFCC, Govt etc shld look into this case (CEMENT MONPOLY). Dangote diaris God ooooo!!!
DANGOTE has started again...
This is a strategy to kill other peoples biz.
But the guy try sha
WELL SAID AT OLAMILEKAN YUSUPH NOV 3, 10.45 PM. SHIKENAH!
Yes nigerians should do the building and boko haram boys should demolished it with their bomb sheet what's the point where dere is no peace
If he does not extend this charity to Cameroon , we will buy the cement and transport across the borders on our heads . We are suffering in Cameroon and Dangote should cross and help us .
That's so considerate of him. That 700 would do quite a few things for some people.
#I'dratherbeselfmade
Olamilekan Yusuf, God bless you. That is his game plan. Kill competitors and render their eemployees jobless.After 2015 elections, cement price will forward match to 5,000.They know we are gullibe, and i'm sure is our tax payers money that he will get tax rebate and all(robbing Peter to pay Paul).I will buy and will still not vote GEJ. No thanks to you.You want to kill ur competitors!!!
Dangote is only trying to mop up the cement industry. He will drive the price down, run Lafarge Wapco its biggest competitor that has been producing from time immeorial out of business. Cause massive unemployment and then jack up the price x 2. Nigerian's shine your eyes. Dangote did it in d sugar industry, tried unsucessfully against indomine he is at it again. Used SON against local cement producers unsucessfully. Couldnt get his way in Court with all intrigues. My Country men sidon dey look drama. Narcissi Capitalist
Reducing de price is a welcome development, bt Nigeria economic regulators should luk into it properly. Throwing other competitors out of business is wat am not in support of.
@anonymous 4:16am, u zip ya mouth ad tel ur fadas to look at reducing something that will benefit ur village elders, if 700naira margin is not a god something go back ad do ur economics again, it's called d joy of competition, leave bonario my nigga alone, I got his back....
Gab2shoessaysso
thank you luvly MD.God bless you
bt its still sold for 1500/bag at akwa ibom, where/how can i get it at 1000
Dangote cement factory price ₦1000 call distribution manager on, email; dangotecement7@gmail.com or call; 07067656701
That is great news for most and them, reduction attracts and helps people a lot.
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