Tag: Cement
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Kogi Govt moves to recover cement company from Dangote
The Kogi State Government on Thursday moved to recover Obajana Cement Plant from Dangote Company Limited.
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Hijackers of Dangote’s truckload of cement in Enugu State arrested
With the price of cement ever increasing in the country, two suspects who allegedly attacked and hijacked a Dangote’s truckload of cements in Enugu State have been arrested. The Enugu State Police Command’s Public Relations Officer, ASP Daniel Ndukwe made this known in a statement on Sunday, revealing the incident happened within Nsukka-9th Mile Expressway…
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Senate moves to liberalise cement policy in Nigeria
The Nigerian Senate on Tuesday debated a motion on the need for liberalization of cement policy in Nigeria. TheNewsGuru.com (TNG) reports the motion was moved by Senator Lola Ashiru and five other Senators. Senator Ashiru noted that the Nigerian cement market is oligopolistic in nature with three players. Dangote Cement has 60.6%, Lafarge Africa 21.8%…
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Global rise in demand cause of high cost of cement in Nigeria – Dangote
The management of Dangote Cement Plc has attributed the high cost of cement in Nigeria to global rise in demand for cement as a result of the Coronavirus disease (COVID-19) crisis. Mr Devakumar Edwin, the company’s Group Executive Director in charge of Strategy, Portfolio Development and Capital Projects made this known in a statement he…
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Buhari’s minister decries high price of cement in Nigeria
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, has decried the high price of cement in Nigeria, saying it leads to quackery and building collapse. Adegbite made the assertion at the second edition of Lafarge Africa Plc Quarterly webinar – Concrete Ideas. It is a platform for deliberation of issues, policies and developments…