Price

“It is Fake News”: Dangote Dismisses X Users Purported Cement Price Crash

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By Grace Adesewa  Claim Some verified X users claimed Dangote Group said it would crash the price of cement in October. Verdict False. Full Text Nigeria’s austere economy is putting pressure on citizens and businesses; with inflation hitting the rooftop, Nigerians hoped for subsidies on essential goods. Riding on the situation, some verified X users …

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Is the Claim that a Bag of Dangote Cement Sells at N5200 in Nigeria and Sold at N1500 in Seme and Benin Republic TRUE?

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Habeeb Adisa  Claim Dangote cement is produced in Nigeria, the raw materials are locally sourced at zero cost, and almost zero taxes. Yet, the price of cement in Nigeria is 5200 naira, while the same is sold in Seme and Benin Republic at 1500 naira. Verdict False. Verification While it is true that Dangote Cement …

Is the Claim that a Bag of Dangote Cement Sells at N5200 in Nigeria and Sold at N1500 in Seme and Benin Republic TRUE? Read More »