Cement Prize Slash by Dangote Group.

This is good News for those who are not yet Landlords.Dangote the Riches Man in Africa did a prize slash on all  grades  of Dangote Cement which is now sold between N1,000 and N1,150, exclusive of Value Added Tax.The information was made known to the public by the Group MD, Dangote Cement, Mr. Devakumar.Read Below.

The construction sector of the country got a boost with the recent announcement of a drastic reduction of the prices of its cement by Dangote Cement Plc’s Group Managing Director/Chief Executive Officer, GMD/CEO, Mr. Devakumar Edwin .So rush now buy land and start building.
“We recognize the need for an increased rapid response to the huge infrastructure and housing deficit in the country, and one of the ways of addressing the issue is bringing the price of building materials down to much more affordable levels especially cement which is within our control as part of our contribution to the transformation agenda of the Goodluck Jonathan administration and the attainment of key milestones in the Millennium Development Goals, MDGs.

“Since the commencement of the implementation of the backward integration policy for cement in the country over 12 years ago, the local production capacity of the product rose from less than three million metric tonnes per annum to about 38 million metric tonnes per annum. During the more than 12-year period of the backward integration policy, nearly $20 billion has been directly and indirectly injected into the Nigerian cement industry with Dangote Cement Plc accounting for 60 percent of that spend,”