Sola Salako’s Take On Dangote’s Cement Price Slash

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From:	Ladun Liadi

Dangote Cement has just announced a slash in its cement price, from a whooping N1700 per bag to N1000 per bag. And here's popular Tv Presenter, Sola Salako's take on the new price slash.

  

"I hear Dangote just singlehandedly, crashed the price of cement to N1,000 from N1,700! Obviously, this is another move in the attempt to stifle competition coming on the heels of getting SON to re-grade cement classification in its favour via political patronage.

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While this seems like a benefit for consumers in the short term, I fear it is very inimical to growth in that sector in the long term. The few competing brands may eventually close down if they don't survive the price war after emerging bruised from the pseudo classification battle. More unemployment looms…

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Just as Dangote has the singular power to determine pricing downwards, who will challenge him when he pushes price to N3,000 after he has successfully run competition out of the market? This is akin to a rat nibbling away at your feet and blowing soothing air so you don't feel it…until it hits blood!


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Nothing to rejoice about here if we are long term oriented people, unfortunately, Nigerians are not, so…."

Do you agree with her?

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.... Success is not really about the amount of money you have.Strippers in Lagos state earn as much as 150,000 naira weekly exposing their naked bodies in clubs.Also, some politicians steal public funds,and leave their people to suffer.The list of ungodly means of making money are endless.Can we say people who make lots of money by ungodly means are successful?The likes of Bill Gates and Aliko Dangote can never be poor simply because they have a solution to some of human problems.Bill Gate helps solve the problem of information technology.Dangote helps solve the problem of getting some basic needs like salt,cement,flour,steel,oil and gas and real estate.I think success is fulfilling your destiny on earth,and achieving your vision.A lot of rich people today are not successful.What is your own definition of success??? .... TO BE CONTINUED TOMORROW...JOIN US TOMORROW FOR MORE ON THIS FUNNY AND EXCITING STORY }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} ..click here only if you are using your phone http://pin.bbm.com/C002329DA to join to our bbm channel, or just search bbmchannel prettypeoplenaija