23.54 Metric Tonnes of Dangote Cement Used across Africa in 2018 - NSE
Dangote Cement Industries Plc has continued to make Nigeria proud across Africa. On Wednesday, the firm announced that it sold a total 23.54 metric tonnes (MT) of cement across Africa for the financial year ended Dec. 31, 2018. businesstimesafrica.net The company gave this information as part of its financial performance released on the Nigerian Stock Exchange (NSE) that the figure represented an increase of 7.4 per cent when compared with 21.92 MT sold in 2017 It stated that Nigerian operations accounted for 14.18 MT representing an increase of 11.4 per cent over the volume of 12.72 MT sold during the preceding year. The company said that it maintained dominance in the Nigerian market having accounted for 65 per cent of the total volume sold in the domestic cement sector in 2018. ”The company also exported 800,000 tonnes of cement to West African countries, strengthening Nigeria’s position as a cement exporting country, creating jobs in the economy, and earning f...