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Dangote Cement’s Ibese Plant Comes onstream February 9th, Produces 70% of Nigerian Demand

By on January 30, 2012

Dangote Group, Nigeria’s leading business conglomerate has announced that its cement manufacturing subsidiary, Dangote Cement will be inaugurating its Ibese plant on February 9th.

The plant is said to be the biggest in Africa with a capacity to produce 12 million tones per annum. Dangote Cement’s management team is excited about the milestone and has stated that the plant may end cement importation into Nigeria.

Speaking to journalists over the weekend, Dangote management revealed, “We are marking the closing ceremony of cement import in Nigeria with the coming on stream of our Ibese cement plant, which will be producing a combined six-million tons per annum from its initial two lines while additional two line will be added immediately to increase its production to 12 million tons per annum”.

According to the Anthony Chiejina, Group Head, Corporate Communications of Dangote, “considering that Nigeria’s cement need is between 17 to 19 million tons per year, by implication, with the coming on stream of Ibese, what Dangote Group alone will be producing will be far more than the country’s demand. That will set the pace for exportation of our products, which will lead to increased products, more revenue for the company and better returns for the shareholders.”

3 Comments

  1. Anonymous

    January 30, 2012 at 3:06 pm

    GO AWAY .

    YOU AREA A  THIEF.

    ANY FLOURISHING  BUSINESS IN NIGERIA NOW ,IS AND WAS BUILT FROM STOLEN MONEY .

    YOU SHOULD BE ASHAMED OF YOUR SELF.

    • Dayo004

      February 5, 2012 at 8:30 pm

      IT’S LIKE YOU’RE BLIND?EVEN THOUGH IT WAS A STOLEN MONEY.HE INVESTED THE MONEY WISELY,EMPLOY PEOPLE,ASSIST THE POOR,HELP TO BUILD THIS COUNTRY IN WHATEVER WAY YOU CAN IMAGINE AND SO ON.WHAT HAVE YOU DONE FOR THIS COUNTRY?SO KEEP YOUR MOUTH SHUT…

  2. Anonymous

    January 30, 2012 at 3:08 pm

    NOW YOU SEE WHY THE MAFIAS OF WHICH HE REPRESENTS THERE CASH PUSHED HIM INTO THE ADMINISTRATION.

    ITS BECAUSE THEY KNOW , NIGERIA WANST TO START CONSTRUCTION . HE GETS THE FIRST HAND INFORMATIONS AND INVEST THERE MONEY THERE .

    IMMOBILARY — THE GOD FATHER PART 7 ACTOR – DANGOTE OF NIGERIA