We're Losing Millions Of Dollars To Sell Cement In Nigeria—Dangote

We’re Losing Millions Of Dollars To Sell Cement In Nigeria—Dangote
Dangote Cement noted that the price of a bag of cement from its factories and plants in Obajana and Gboko was N2,450 and N2,510 at Ibese.
by SaharaReporters, New York
Apr 14, 2021
Dangote Group says its cement is cheaper in Nigeria than in Ghana and that it is losing dollar earnings focusing on the Nigerian market.
“To ensure that we meet local demands, we had to suspend exports from our recently inaugurated export terminals, thereby foregoing dollar earnings,” he said, adding that the company also reactivated its 4.5 million ton capacity Gboko plant.

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