Dangote Announces The Reduction In Prices Of Cement

Nigeria's largest cement producer, Dangote Cement Plc, has announced a reduction in the price of its market-leading brand of cement, in a bid to stimulate building work across Nigeria.

Dangote Cement says it's reducing the price of its market-leading 3X brand of cement in Nigeria by ₦300 per 50kg bag, or ₦6,000 per tonne. The new price takes effect immediately.

Dangote Chief Executive, Onne van der Weijde, said the company believes the reduction in the cost of cement will help to stimulate building work across Nigeria at a time when the economy is in need of a boost.