The award was announced by Brand Africa, founders of the Brand Africa 100: Africa’s Best Brands, during a virtual event in Uganda.
Browsing: Dangote Cement
Speaking to the media Monday in Lagos, Dangote Cement’s newly appointed Group Chief Sales and Marketing Director, Rabiu Umar said that the country has moved from importing cement to become an exporter of cement.
According to the financial result published by the country’s largest cement manufacturer on Friday, April 30, 2021, the amount is due from corporate tax for the period ended March 31, 2021.
Senate’s decision was sequel to the motion sponsored by Senator Oyelola Ashiru which was co-sponsored by five others.
A market survey conducted by NAN at various wholesale and retail shops in the zone shows that the price of the product has increased almost by double when compared to the price in 2020.
Specifically, the All-Share Index rose by 318.29 points or 0.78 per cent to close at 41,014.30 compared with 40,696.01 posted on Wednesday.
The statement made available to the News Agency of Nigeria in Lagos also announced sales totaling 19.21 million tonnes for the period which ended on September 30, 2020 as against 18.02 million in 2019, showing a 6.6 per cent increase for the period.
While the new millionaire consumers of Dangote Cement product jubilate over their good fortune and windfall, there are still better days ahead for other Nigerians as around 800 more consumers are expected to win the star prize of N1 million each before the promo ends in November.
The promo, which kicked off in July and is expected to produce 1,000 millionaires, according to the Director of Marketing, Dangote Cement, Funmi Sanni, is already achieving its set objectives.
The N1 million winners, mostly artisans and building material dealers, whose businesses have suffered the downside in the wake of the pandemic, were full of praises to Alhaji Aliko Dangote, saying the money would go a long way in resuscitating their businesses.
The company’s Director of Marketing, Funmi Sanni, explained that the promo was deliberately designed to cushion the negative effects and impact of COVID-19 on businesses and families and that more winners are expected to emerge in the coming weeks.
The event, held at the Enugu Assembly plant, started with a training by SHACMAN Nigeria where drivers, supervisors and managers of the distributor companies were in attendance.
The winners, from Lagos and Oyo States, received their cheques of N1 million each at presentation ceremonies witnessed by top management of Dangote Cement Plc as well as representatives of some regulatory agencies in Nigeria.
Specifically, the market capitalisation rose by N177 billion or 1.40 per cent to close at N12.787 trillion compared with N12.610 trillion.
The building sector professionals, drawn from different parts of Nigeria, agreed that the promo, which is expected to produce 1,000 millionaires, is a welcome palliative in the period of COVID-19 scourge.
The Chief Executive Officer, Lagos State Lotteries Board, Abiola Bashir Are, who disclosed this at the media unveiling of Dangote Bag of Goodies Promo Season 2 in Lagos, commended the manufacturing giant for investing in the lives of its consumers.
They insisted that the 2019 consumer promo was credible, real and a life-changing experience, and expressed willingness to actively participate in the new Bog of Goodies 2020 Season 2 promo
President of Dangote Group, Aliko Dangote, has said that despite the challenging economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries, where the company has its operations.
Excited representatives of shareholders at the virtual 11th Annual General Meeting held in Lagos commended the management for the company’s resilience to record the profit despite the global economic challenges.
With this historic maiden voyage from its Export Terminal located in Apapa Port, Lagos over the weekend, Dangote has gradually made Nigeria, which until recently was one of the world’s largest bulk importers of cement, first self-sufficient in cement production and now an exporter of cement clinker to other countries.