Dangote Cement Assures Of Product Availability, Pays N173.93bn Tax - THE DAILY CRUCIBLE

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Sunday, March 13, 2022

Dangote Cement Assures Of Product Availability, Pays N173.93bn Tax

                           •Dangote


The Daily Crucible | Monday, March 14, 2022

 Agency Report

Poised to mitigate scarcity, Dangote Cement Plc has assured Nigerians of product availability, while deepening its market equity and penetration.

It said a combined output from the Dangote Cement factories in Obajana, Gboko, Ibese, and Okpella would allay concerns about product availability in some quarters.

This is coming as Dangote Cement Plc sustains its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for the financial year ended Dec. 31, 2021.

According to the cement group’s audited results released on the portal of the Nigerian Exchange Ltd (NGX), the tax charge represents an increase of 78.7 per cent over the N97.24 billion in 2020.

Group Sales and Marketing Director, Rabiu Umar, said cement supply was being steadied to meet the demand of Nigerians.

The company, he said, has committed billions of Naira in social interventions across the country, making it Nigeria’s biggest donor.

Speaking at a sales conference in Abuja, Umar said the company was desirous of meeting and surpassing the demands of Nigerians and at the same time making a profit for the company.

He also added that the Corporate Social Responsibility programme of the Dangote Cement Plc is huge and insurmountable by any company in the country.

According to him, the company will not relent in its strategic plans in spite of incidences of insecurity in the Northern part of the country.

Speaking at the conference, National Sales Director, Funmi Sani, urged the team to exhibit honesty, dedication, and commitment to duties and responsibilities for the image of the Company and benefit of end-users

Head, Route to Market, Mr Olukayode  Bamidele, said all hands are on deck to surmount the challenges along the value chain.

The Regional Director, North Central, Mr Bankole George, said he would commit to the key focus of deliverables, smart sales tactics and enabling environment to enable the team to succeed in their activities.

Dangote Cement is a subsidiary of Dangote Industries Limited, a diversified and fully integrated conglomerate as well as a leading brand across Africa in businesses such as cement, sugar, salt, beverages, and real estate.

It has a new multi-billion-dollar projects underway in the oil and gas, petrochemical, fertilizer and agricultural sectors.
-NAN

 

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