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Dangote Cement Sets the Record Straight on Product Pricing

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Dangote Cement Sets the Record Straight on Product Pricing

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Dangote Cement Plc has clarified the pricing of its cement products in Nigeria.

The company stated that as of August 28, 2023, the price of a bag of cement from its factories was N4,010 in Okpella and N4,640 in Ibese, Objana, and Gboko.

It also mentioned that the price could range from N5,000 to N5,300 per bag, including transportation costs and delivery location.

The company addressed misinformation about selling cement at higher prices in Nigeria compared to other countries, particularly the Republic of Benin.

Dangote Cement’s Group Managing Director, Mr Arvind Pathak, emphasized the importance of distinguishing ex-factory prices from retail prices in the market.

He provided information on the prices of cement in Cotonou, Benin, which ranged from CFA 3,495 to CFA 4,500 per bag.

Pathak reiterated Dangote Cement’s commitment to delivering quality products at the best possible price and providing excellent customer service.

The company aims to build an inclusive and sustainable business for all stakeholders.

This article was updated 5 months ago

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