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Vanguard News
Retailers, others list factors affecting cement prices
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Dealers, particularly retailers, have blamed the N3, 400 retail price of a bag of cement in Lagos on cost of transportation and other logistics accrued after original purchase.
They made this known in separate interviews with the News Agency of Nigeria (NAN) on Thursday in Lagos.
This was as the same quantity of both Dangote and Lafarge cement were seen to be sold at a retail price of N3, 400 in a survey by NAN in Lagos.
Mr AbdulRasheed Babatunde, a cement retailer, attributed the development to the additional costs of logistics, transportation, shop rent, and labour after purchase.
We’re Losing Millions Of Dollars To Sell Cement In Nigeria Dangote
Dangote Cement noted that the price of a bag of cement from its factories and plants in Obajana and Gboko was N2,450 and N2,510 at Ibese.
by SaharaReporters, New York
Apr 14, 2021
Dangote Group says its cement is cheaper in Nigeria than in Ghana and that it is losing dollar earnings focusing on the Nigerian market.
“To ensure that we meet local demands, we had to suspend exports from our recently inaugurated export terminals, thereby foregoing dollar earnings,” he said, adding that the company also reactivated its 4.5 million ton capacity Gboko plant.
Susie Davidson / brookline@wickedlocal.com
For Edward Boches, the pandemic was an unlikely catalyst. I think I kicked into high gear from the lockdown and beyond, he said from his Brookline home near the Allston line.
He had been a full-time professor at Boston University for the past 10 years. I taught creative courses in the advertising program in the College of Communication: Creative Concepts, and Portfolio Development, he explained. I helped prepare students for careers as creatives designers, art directors, writers, filmmakers. It was a second career for Boches, who for 33 years was a partner and creative director at Mullen (now Mullen-Lowe), Boston s largest ad agency.
Dangote Cement justifies price in Nigeria Written by Global Cement staff
14 April 2021
Nigeria: Dangote Cement says that the price of cement from its plants in Nigeria is the same as from plants in other countries in Africa or cheaper. The cement producer made the announcement in response to local media reports that its prices were allegedly lower in Ghana or Zambia, according to the Vanguard newspaper. It added that it had control over its ex-factory prices but that it could not set the end market price.
Dangote Group Executive Director, Strategy, Portfolio Development and Capital Projects Devakumar Edwin explained that Dangote Cement has a 60% share of the local cement market at present. Demand for cement has risen following the coronavirus pandemic and the company has had to suspend exports from its recently commissioned export terminals in order to meet local demand. He added that it has also reactivated its 4.5Mt/yr Gbok