Monday 1 September 2014

Dangote to increase cement supply, simplifies distribution network


Dangote Cement Plc has assured Nigerians that the era of highly priced cement will soon be over as it has concluded plans to increase production in all its three key plants in the country and also simplify its distribution network.

The aim of the planned production increase, according to the company in a statement made available on Sunday, is to crash the price and make the product available to all Nigerians.
The President, Dangote Group, Aliko Dangote, said the company had concluded plans to expand the capacity of its production lines in Obajana, Kogi State; Gboko, Benue State, and Ibese, Ogun State, from the current 19.25 million metric tonnes by additional nine million metric tonnes by the end of the year.
He further stated that the expansion would move the output of the three manufacturing plants to about 28 million metric tons, which would position the company as the biggest cement production entity in Africa.
As a way of promoting effective and efficient distribution of the products, Dangote said the management of the company was to engage truck operators conveying the product to circulation points across the country, with a view to making it available, thus translating into price reduction.
Justifying the production of the new 42.5 grade of cement in the country, Dangote said the move was born out of the quest to save the nation from the embarrassment of mounting incidences of building collapse, with its attendant loss of lives and investments on buildings, which run into billions of naira annually.

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