Dangote defends cement price amid criticism

According to Dangote Cement Plc, the cost of cement in West Africa is comparable to or lower than those elsewhere in the region.

In addition, the company said that, in contrast to widely circulated reports in various media, the cost of a bag of cement from its operations in Nigeria had not changed.

The company had come under heavy fire for the difference in price of its cement in Nigeria as opposed to other West African nations.

In contrast, according to a statement from the firm, the cost of Dangote Cement as of Monday was N4,010 in Okpella and N4,640 in Ibese, Objana, and Gboko.

According to the statement, charges per bag could range from N5,000 to N5,300 when transportation expenses and delivery location are taken into account.

The company claimed that the statement was made in response to recent rumors that claimed it sold cement in Nigeria for substantially more than it did in other nations, including the Republic of Benin and other nearby nations.

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Mr. Arvind Pathak, the Group Managing Director of Dangote Cement, stressed the significance of separating the ex-factory prices of the company from the prices at which retailers sold cement in the market.

According to the company’s check, cement sold for between CFA 3,495 and CFA 4,500 in Cotonou, the Republic of Benin’s economic hub, or between N4,997 and N6,435 per bag at the current currency rate of CFA 1: NGN 1.43.

According to Pathak, “We continually develop novel approaches to deliver high-quality items to millions of our clients throughout Africa while offering first-rate customer services.

We at Dangote Cement are dedicated to creating a company that is inclusive and sustainable for all parties involved in the value chain.