{"id":75395,"date":"2023-08-29T09:24:25","date_gmt":"2023-08-29T08:24:25","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=75395"},"modified":"2023-08-29T09:31:43","modified_gmt":"2023-08-29T08:31:43","slug":"dangote-cement-clarification-of-cement-price-misinformation","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/dangote-cement-clarification-of-cement-price-misinformation\/","title":{"rendered":"Dangote Cement Clarifies Price Misinformation On Products"},"content":{"rendered":"
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… says Nigeria\u2019s price is in line with or lower than prices across the West African coast.<\/p>\n

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th<\/sup> August 2023) is N4,010 in Okpella and N4,640 in Ibese, Objana, and Gboko. Including transportation costs and the location of delivery, prices could range between N5,000 to N5,300 per bag.<\/span><\/p>\n

According to the company, this clarification was made in view of recent misinformation that the Company sells cement in Nigeria at significantly higher prices relative to other countries, particularly the Republic of Benin, and other neighbouring countries.<\/span><\/p>\n

Dangote Cement\u2019s Group Managing Director, Mr Arvind Pathak, advised that it is important to distinguish Dangote Cement\u2019s ex-factory prices from prices at which retailers sell cement in the market.<\/span><\/p>

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“Our check in Cotonou, the commercial capital of the Republic of Benin indicated that cement sells between CFA 3,495 and CFA 4,500, which at the current exchange rate of CFA 1: NGN 1.43 is between N4,997 to N 6,435 per bag.<\/span><\/p>\n

Pathak said that Dangote Cement is focused on delivering quality cement at the best price possible, despite the current inflationary environment. \u201cWe continue to innovate new ways to deliver quality products to millions of our customers across Africa, while providing top-notch customer services.  At Dangote Cement, we are committed to building an inclusive and sustainable business for all stakeholders across the value chain\u201d. <\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/p>","protected":false},"excerpt":{"rendered":"

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th\u00a0August 2023) is N4,010 in Okpella and N4,640 in Ibese, Objana, and Gboko. Including transportation costs and the location of delivery, prices could range between N5,000 to N5,300 per bag.<\/p>\n","protected":false},"author":6,"featured_media":16056,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[1508],"coauthors":[2391],"class_list":["post-75395","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-dangote-cement"],"yoast_head":"\nDangote Cement Clarifies Price Misinformation On Products - National Wire<\/title>\n<meta name=\"description\" content=\"Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/dangote-cement-clarification-of-cement-price-misinformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dangote Cement Clarifies Price Misinformation On Products - 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