- The President of Dangote Group, Alhaji Aliko Dangote, has said that the annual production of the the group’s cement subsidiary across Africa now is now 30 million metric tonnes.
- Dangote was quoted in a statement on Sunday as saying this at the recently concluded Kaduna International Trade Fair, where he stated that conglomerate planned big for the African economy.
- He said that the group’s cement production had surpassed Nigeria’s average total consumption of 20 million metric tonnes.
- He added that the company had also commenced cement production in some African countries such as Senegal, Cameroon and South Africa, saying that at the completion of projects in eleven other African countries, the conglomerate’s total production would have surpassed 50 million metric tonnes.
- According to him, Dangote Cement in Nigeria controls about 65 per cent of the market and about 30 per cent of the Nigerian Stock Exchange.
Dangote Cement hits 30 million metric tonnes production capacity
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