Business Hilights

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Cement backward integration

With 16mmt, Dangote’s Obajana cement plant now among biggest worldwide

…As puzzle of high cement price in Nigeria remains unsolved Rising from its recent Annual General Meeting in Lagos, the management of Dangote Cement Plc, has disclosed that the recent upgrade of the capacity of its Obajana Plant in Kogi…

Dangote hits 65% cement market share in Nigeria, ups Africa volume by 7.5%

Leading pan African cement manufacturer, Dangote Cement has grown Nigeria domestic cement market to 65 per cent and deepened other African plants’ volumes by 7.5 percent to 7.0 mta. The company has in the past months boosted continental operations across…

Cement backward integration attracted $6bn FDI in 2002—Lafarge

…Now saves N240bn annually More details of the success story of Cement backward integration in 2002 has been revealed by the Procurement Director, Lafarge Africa Plc, Lolu Alade-Akinyemi, at the ongoing 23rd Nigeria Economic Summit in Abuja. He explained that…