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CORBON to partner Dangote Cement in housing delivery

By BusinessNews Staff on December 2, 2014

The Council of Registered Builders of Nigeria has indicated interest to partner Dangote Cement Plc for effective and efficient delivery of Federal Government’s housing scheme.

The Chairman of the council, Prof. Kabir Bala, according to a statement by the company, said during a visit to Dangote Cement, Obajana Plant that there was a need for partnership with the company, adding that the collaboration would be “project specific”.

Bala said he was impressed by the success recorded at the plant, adding, “We want to see Dangote-CORBON housing scheme. We are also interested in the training aspect.”

The CORBON Registrar, Dr. Peter Kuroshi, was also quoted as saying the 40 per cent slash in cement prices by Dangote had provided an opportunity to embark on a collaborative mass housing scheme that would bring down rental fees in the country.

Obajana Plant Director Mr. JV Gungune who explained the production process, said he would forward CORBON’s requests to the appropriate quarters.

According to the Operations Manager, Mr. Haruna Adinoyi of the Obajana Plant said with Line 4 on stream, the Obajana plant alone produces 13.25 million metric tons annually while the Dangote Cement Plc controls 62 per cent of the market share in the country.

He however said the country’s cement consumption was still very low compared to South Africa, while he described the Obajana cement plant as the single largest plant in the world.

The Dangote Cement Regional Director Sales Mr. Johnson Olaniyi, said with the new brands of cement introduced by the company, it was tackling the menace of re-bagging by the fraudsters and to prevent collapse building in the country.

The statement also said the President of the Lagos State Chapter of the Nigerian Institute of Quantity Surveyors, Mr. Olayemi Shonubi, who led members and students of the institute on a facility visit to the Ibese plant of the Dangote Cement in Ogun State at the weekend, had argued that three or four of Dangote in Nigeria would have made a huge difference in the economy.

He called on business men across the country to emulate the President of Dangote Group, Alhaji Aliko Dangote, by investing in real manufacturing concerns as a way out of the current drop in crude oil prices and global economic downturn.

Shonubi was quoted as saying that most businessmen in the country were traders and that the economy needed entrepreneurs who would invest in manufacturing.

He noted that all countries being referred to as developed were industrialised nations and did not develop through trading.

Shonubi said that more of manufacturing plants in various sectors of the economy would help the nation especially with the current drop in crude oil prices which had made nonsense of the nation’s revenue and currency value.

He also called on the government to urgently see to the formulation of policies that would encourage manufacturing so that more investors could join the Dangote Group and use investment in manufacturing rather than trading as an effective mechanism to industrialise the country.

[Punch]

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