Mr. Abdul Reacts
Region: NG
Monday 13 July 2026 09:10:34 GMT
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rb_dangote :
This doesn't mean price in reduction my brother
2026-07-20 11:28:30
0
Shamaki barund :
Simply Nigeria should cut down the cement VAT or tax this will bring prices down
2026-07-19 20:18:20
0
Jibrin Isah :
We should just make a long term investment in Lafarge or whatever the new name is .
2026-07-21 00:55:57
0
Mr P :
More competition, more price decrease, good for us
2026-07-13 10:06:03
81
dominicnzeji :
The expected lower price of cement may not happen because according to Dangote, the high price is due to tax. He once said that out of every Naira realized on cement sale the FG takes 52 kobo.
2026-07-13 11:22:44
41
The Page :
Mangal Cement is also building a new plant in Calabar.
2026-07-13 09:40:55
28
gentlebaron :
what happened to ibeto cement
2026-07-13 13:20:05
10
Lasco Jay :
Dangote monopoly is stylishly broken
2026-07-15 05:36:18
0
Engr. Ufuoma E :
If they can pull down the price of cement then they are welcomed.
2026-07-14 20:04:21
2
Miss lumera🌸🌸🌸 :
alot of structural development is already going on in ashaka even the construction of line 3kiln
2026-07-13 11:01:16
1
JP_ventures_global :
same thing we said about Dangote refinery this country is also in a mess
2026-07-14 18:51:50
6
John :
Abdul, Huaxin Cement eventually paid $773.86 million for the 83.81% stake in Lafarge Africa, not the $1 billion. The price was reduced by $64 million in pre‑closing dividends paid to Holcim. The $773.86M represented 66% of Lafarge Africa’s $1.17B market cap at the time, not an ownership stake. No one owns “66%”; it’s called a valuation ratio. Actual ownership: Huaxin holds 83.81%, public shareholders hold 16.19%. There are no hidden or missing funds, the difference is fully accounted for by the dividend adjustment. And this has nothing to do with surrendering, I understand ur worried about the Chinese investments and u have said the quiet part out loud but trust me for the short term, it's worth it
2026-07-15 11:45:23
0
E-m-m-y-🙂k :
I think clarity is key for acquisition and Moreover I think FG should also not sell off totally they should also have some percentage of the controlling with the new company.
2026-07-13 11:05:28
1
kedi empire :
pls I try to get you correctly, am try to understand that lafarge, owned just 18% of that company before this acquisition,and 16% to general public why the remaining shares of the company not disclose.
2026-07-13 22:12:26
3
Omo Jesu :
A bag is 12k in Nigerria now
2026-07-14 12:12:38
3
Vandi Stephen :
I like you bro. You say things how it is no bias
2026-07-16 21:01:37
1
JOSHUA MOTORS :
i will build my house very soon
2026-07-13 13:06:29
10
edekimudiaga :
Your updates are always top notch. A lot of business opportunities ahead for Nigerians. Thanks 👍
2026-07-13 21:32:54
6
belloidris435 :
Alhamdulillahi
2026-07-14 16:03:46
1
awoleyesamson :
I worked in sagamu and ewekoro plant before
2026-07-13 19:35:51
0
BabaTy :
I thought BUA also has a cement company?
2026-07-14 14:57:09
2
@prince :
please I really want to ask this question ,if Chinese company can start producing cement in Nigeria then what happened to ibeto cement
2026-07-14 13:46:31
5
oyeladephilip :
My northern brother, you are quite intelligent!!
2026-07-13 15:48:15
3
Olufunso Afolayan :
thank you for educating us.These Senators shaaaaa.
2026-07-14 16:29:44
1
ddcrown :
Price will reduce is all I want to hear.
2026-07-14 11:39:44
1
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