The Managing Director and Chief Executive of Dangote Cement, Joe Makoju, has assured investors and shareholders of the company to expect big returns on their investments.
The Chief Executive reportedly disclosed this in Ibadan while presenting cars at the company’s on-going Bag of Goodies Promo. According to Makoju, the value of shareholders’ investment would improve significantly.
Rewarding Customers: Makoju further said that the company is determined to reward customers’ loyalty. He reiterated that the on-going N200 million promo was a way of giving back to society, especially the customers.
“We appreciate our customers. We love them. As a company, we have decided to always look for ways to make them happy and one of the ways is what we are here for today.
“This promo is to enrich our customers as more than N200m cash will be won, as well as other laudable gifts. We also love our shareholders, they have faith in us, hence their investment in our company and as you can see, we are also in the business of enhancing the value of their investments.”
[READ: Dangote Cement shareholders approve N272.6 billion dividend payout]
While speaking, the Director, Sales and Marketing, Dangote Cement Plc, Mrs Funmi Sanni, stated that the promo was a new initiative in the cement industry for customers in Nigeria.
“We are here to change the narratives in the industry. We do everything with our customers in mind. We want to appreciate them for their loyalty to the brand in the past years.”
Business growth: As earlier reported, Majoku revealed that the cement company dispatches not less than 800,000 bags of cement products to the market daily.
“On a daily basis, we dispatch about 40,000 tonnes of cement. Every ton is 20 bags. If you calculate, you will get 800,000 bags. So, we push out 800,000 bags of Dangote Cement every day.”
Dangote Cement Plc appears to be at its best for the 2018 fiscal period, as the Chairman of the company reportedly disclosed that last year was the most successful period in the company’s history. This explains the 52.4% increment in the dividend declared by the company.
[READ FURTHER: Dangote makes about N2.47bn from cement sales every day]