Dangote Cement Slashes Prices, Launches 32.5 Grade

Dangote Cement Plc yesterday announced that it had reviewed the price of cement in the country downwards with about N100 slashed off the original price of each 50 kilogramme bag of cement.

According to the Managing Director of the company, Mr. Edwin  Devakumar, who spoke to journalists in Lagos, beginning from today, distributors lifting cement from the various Dangote cement plants across the country, will pay N100 less per 50 kilogramme bag of cement.

Devakumar also stated that to further comply with the ongoing Standards Organisation of Nigeria (SON) directive and regulation on the various classes of cement and their prescribed uses, “Dangote Cement Plc has announced plans to launch its brand of the premium

Competition among cement firms leads to price drop, increased capacity

Intense competition among Nigeria’s major cement manufacturers is leading to stable and lower prices amid increased capacity by the firms as they position to meet burgeoning demand.

Dangote Cement plc, Nigeria’s leading cement manufacturing company, says it has increased its production capacity by 9 million metric tonnes per annum following the commissioning of two new production lines in Ibese, Ogun State, and one production line in Obajana, Kogi State.

UniCem, a cement manufacturer located in Cross River State, recently broke ground on an additional 2.5 million metric tonnes per annum line to double production at its plant, while Lafarge Africa has also