The Mangal Cement Company Limited, owned by Katsina-born billionaire Dahiru Mangal, has started selling cement produced at its newly completed $1.5 billion plant in Kogi State.
In a post he made on X, a man, Maleek Ana, displayed two bags, claiming he bought a bag at the cost of N6,000.
Nigerians react to Mangal cement price @Melebroz1 commented: “This is a positive move, but I think Mangal Cement’s production line might only handle 200 bags per day.”
@YDutsun44451 said: “Mangal, thank you for intensifying the competition in the cement market. You should consider lowering your price to quickly gain more awareness.”
@de_prof_de_chef added: “Any plans to make it even cheaper, like N4k? Also, how strong is it?”
@Olowolagbaomo remarked: “This is a market strategy at work. Dangote did something similar when they entered the market, selling at N1,250/N1,300 when the market price was N1,650. It’s a good time to take advantage of it.”
@Wf_Bobson suggested: “Why is it priced at N6k? That’s too high. Reduce it to N2k to make it more affordable for the average person and to undercut Dangote’s products.”
@Abbadanejo asked: “I want to buy 50 bags. Can anyone help me with that?”
