We won’t increase prices of cement despite devaluation of Naira by CBN- Dangote Cement

The Dangote Group has assured that its  cement products would not change despite the devaluation of the naira by the Central Bank of Nigeria (CBN).
Recall that Dangote Cement has been making efforts to further increase the capacity of its cement production.
The intimation was made by the Sales Marketing Director of Dangote Group, Rabiu Umar during a chat with the journalists.
Acccording to him, the firm had built a new line at Obajana to address the current scarcity of cement products in the country.
He noted that the current scarcity of cement has led to the sharp increase in prices,
He however assured that Dangote Group has made move  to address the rising prices of cement in the country.
To achieve this, he added that the company had to reduce the export of its product to focus on domestic supply to meet local demand.
He said, ‘’We in the past had an opportunity to export our cement but had to slow down, just to meet local demand. So, if you ask me, we have five different concrete actions that Dangote Group has taken to address skyrocketing prices of cement. And we believe that these actions will have a very positive effect

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