Business & Finance

Dangote Announces N500 Reduction In The Price Of Cement


As a result of its economy of scale occasioned by the recent introduction of new production lines in Okpella Edo State and Itori in Ogun State worth nine million  metric tonnes, Dangote cement has slashed the price of its cement varieties.

In a statement, the firm stated that the price cut from N1800 to N1300 was to ensure the product is affordable to all segment of users.

In the same light the company has gone a step further to train block moulders on the right mix to get quality blocks.

Speaking in Umahia, the Abia State capital during a national meeting of the National Association of Block Moulders of Nigeria (NABMON), Regional Sales Director, Dangote Cement, Johnson Olaniyi, stated that Dangote Cement considered incessant building collapse as an indictment on all sector operators hence his company’s resolve to continue the collaboration with all so as to tackle the menace.

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While assuring that Dangote Cement would continue to ensure that block moulders have access to its quality cement as part of its contribution to the war against building collapse, the Sales Director  further stated that  the company reduced the price of its cement from N1800- N1300 to enable Nigerians have unhindered access to the product.

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