“I see N7900 supply”: Cement vendor fears going to the market, provides cause

  • A cement vendor from Nigeria revealed his delinmma about whether or not to order a truckload of cement or watch for the worth to stabilise
  • He posted on X that he acquired a proposal of 7900 per bag however he was uncertain whether or not to proceed
  • The cement value had risen a couple of weeks in the past and had fallen just lately however many sellers are cautious

A Nigerian businessman who offers in cement disclosed his dilemma on X about whether or not to order a full truckload of cement from his provider or watch for the market value to stabilise.

He defined that he acquired a tempting offer of 7900 naira per bag of cement, which was decrease than the present retail value, however he was hesitant to simply accept it.

Photo of cement and the manThe person spoke about his dilenmma. Picture credit score: @sirjarus/XSource: TikTok

Cement Vendor in dilemma

As shared by @sirjarus, he was frightened that the worth of cement would possibly drop additional within the coming days, because it had been fluctuating lots prior to now few weeks.

See the X submit under:

TheTalk.NG compiled a number of the reactions under:

Esshman mentioned:

“You’ll probably exhaust this inventory earlier than the worth would get under 7900.”

Mobolaji Esther wrote:

“From #5700 to #10k+, 2018 was #2500, and so they mentioned na wind turbine dem dey use produce ooo, so nothing like greenback or any foolish factor affecting them, but it’s soo dear and so they’re not dependable anymore, bricks going unfastened like sand even whenever you use the proper ratio.”

Yakubu blogger commented:

“I forsee it coming down Sha.

However, it will depend on how vital what you need to use it for sir.”

Cement vendor calls his buyer, refunds N400 steadiness

In the meantime, TheTalk.NG earlier reported {that a} man purchased cement in Kaduna at N8,200 per bag and shared his expertise on X.

The person, Ahmad Kargi, mentioned he went house with the cement solely to obtain a telephone name from the vendor. In keeping with Ahmad, the cement vendor instructed him the worth of a bag of cement had been lowered to N7,800.

The cement vendor, due to this fact, supplied to return a steadiness of N400 on every bag to the client as a result of lowered value.

Supply: TheTalk.NG

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