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Does Dangote cement sell for N1500 in Cotonou?

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A message forwarded several times on whatsapp claims that Dangote cement produced in Nigeria sells for as low as N1500 per bag in Cotonou, Bénin Republic.

                         

The claim is FALSE

 

Currently in Nigeria, Dangote cement of 50kg bag is sold at about 5200 naira in Nigeria.

 

The claim says the same quantity is sold in Seme and Benin Republic at 1500 naira.

 

According to Daily Trust, checks in Cotonou, the commercial capital of the Republic of Benin indicate that cement sells for CFA 3,495 and CFA 4,500, which at the current exchange rate of CFA 1: NGN 1.43 is between N4,997 and N 6,435 per bag.

 

CONCLUSION

 

The claim that Dangote Cement sells for N1500 in Cotonou is FALSE

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