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Dangote Cement maintains market dominance, exports 0.8MT of cement - Vanguard News Nigeria

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Dangote Cement maintains market dominance, exports 0.8MT of cement vanguardngr.com vanguardnews

Meanwhile, according to the details of Dangote Cement’s audited results for the year ended December, 31, 2018, , the company sold a total of 23.54 MT of cement across Africa indicating an increase of 7.4 per cent over 21.92 MT sold in 2017. Nigerian operations accounted for 14.18 MT representing an increase of 11.4 per cent over the volume of 12.72 metric tonnes sold during the preceding year.

Group Chief Executive Officer, Dangote Cement, Joe Makoju, in his remarks said: “This is a record financial performance by Dangote Cement, driven by a strong increase in our home market, Nigeria, despite heavy rains and uncertainties about the election. Although Pan-African volumes were unchanged in 2018, I am confident that we will see an increase in 2019, driven by higher volumes in Tanzania, Ethiopia, Congo and Sierra Leone.

 

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