Browsing: Obajana

Dangote’s Group Executive Director, Strategy, Portfolio Development & Capital Projects, Devakumar Edwin revealed that, while a bag of cement sells for an equivalent of $5.1, including VAT in Nigeria, it sells for $7.2 in Ghana and $5.95 in Zambia ex-factory, inclusive of all taxes. He said that though the company has direct control over its ex-factory prices, it cannot control the ultimate price of cement when it gets to the market. He advised that it is important to distinguish Dangote’s ex-factory prices from prices at which retailers sell cement in the market.

In a statement issued in Lokoja on Tuesday by the Group Head of Communication, Tony Chiejine, the company said the drivers were retrained for six months at its newly built Drivers Training Centre at Obajana, Kogi State, and that the trainees graduated from the centre on April 3.