The Man Dangote

Dangote is reputed to be the richest man in Africa and one of the richest in the world. The problem with Dangote is that he meddle in politics behind the scene just to keep afloat his business which is solely on monopoly. 

Today as of present Dangote cement is sold at 4600 Naira which is beyond the common man and has been very difficult for those who want to own house or do some construction work. 

The rise of price has affect almost every aspect of goods in the country, normally back then in 2012 and beyond a bag of cement was sold at 800 Nair fast forward to 2015 the price keep rising not even in little increment but with a wide percent, imagine from 800 to 1500 without any explanation and mind you their is no alternative since the government have ban importation of cement and monopolize it solely on Dangote. 

To make matter worst every source of raw material is sources locally yet cost of goods keep rising and if care is not taken it will reach 10,000 Naira a bag thereby increasing house rent and causing more hardship on the masses.

Government need to put a stop and set up a regulating body to checkmate the rise and high cost  of goods which is painting bad light on the economy and making investors to think twice before investing in the country. 

Photo credit: Legit. Ng