Dangote Cement Set To Reduce Cost Of Cement

To assuage the growing concern over the perceived high cost of cement in the country, leading manufacturer of the product, Dangote Cement Plc has commenced a systematic liberalisation of the product distribution .

The Company said it has successful doubled local production with new capacity still ramping up.

The management said at the weekend that it was increasing the distribution outlets by opening more mega depots and signing on new dsitributors so that the consumers can reap the benefit of the increased local production.

There have been concerns over the price of cement even with continuous efforts at increasing production, which has led to a successful local production beyond the national consumption demand .

Dangote Cement, which accounts for over 70 per cent of the local production, has continued to invest more in local production by expanding its production lines and establishing new plants to ensure the nation produces enough for home consumption and have surplus for export to other countries.

The management of Dangote Cement believes that only a liberalised distribution system can make increased local production translate to cheaper cement and bring meaning to the huge investments in local production.

With more investments by the sector’s players, local production has risen to about 27 million metric tons per annum high and above the national demand hovering between 17 and 18 million metric tons per annum.