Nigerians reacts as Dangote sells cement for N5,200 in Nigeria, but sells at N1500 in Benin Republic
Nigerians have gone to social media to criticize cement manufacturer Aliko Dangote for charging N5200 for a bag of cement in his own nation but only N1500 in Benin Republic.
This occurs just a few weeks after oil refinery owner and billionaire Dangote ignored Nigerian workers by hiring 11,000 Indians instead.
Dangote was criticized for selling his bag of cement for N5200 in Nigeria despite the fact that the raw material was acquired locally in Nigeria by a Twitter user going by the handle @drpenking.
The Twitter user claims that the millionaire needs to justify why he charges more in Nigeria but only N1500 in Seme, Benin Republic.
“Dangote cement is produced in Nigeria,” he tweeted. The raw material is purchased for practically nothing locally in Nigeria. There is no importation. Cement costs 5,200 Naira in Nigeria and 1,500 Naira in Seme, Benin Republic, despite having almost no taxes. Explain to me, please.
In response, Nigerians voiced their disgust at the billionaire Aliko Dangote by criticizing him and calling him various names, including “monopoly boy” and “very greedy man.”
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See reactions below
omoba_ofafrica: It’s high time Nigerians realize that people like Dangote are a very big problem to us than we can ever imagine.. Dangote is bleeding Nigerians and growing fat at our expense.. The investigation at CBN has shown how the former cbn governor has been selling billions of dollars to Dangote at a price way lower than the official rate, this is terrible.. It’s time Nigerian stand up to exploiters and BOYSCOTT ALL DANGOTE PRODUCTS.
_flexnelson_: If you look well we are our own problem.
georgina_chigozie_onuoha2: I have no respect for men like Dangote. They monopolize the economy and country because of their proximity to power. Sadly, ignorant people will celebrate them as billionaires.. forgetting that the field is rigged against ordinary Nigerians who should be equal competitors in the market. Zero respect for the so called “ Billionaires “ in Nigeria. Until we beginning to ask poignant questions like this person did, we will continue to celebrate greedy billionaires who are equally the architects of the pain Nigerians are experiencing. I love capitalism but vulture capitalism built on greed is the killer of innovation and growth.