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
