• June 24, 2021

Export Promotion: Dangote to Open Export Facilities To Boost Clinker Export

(AGENDAWATCHDOG) – The management of Dangote Cement says it has concluded plans to open export facilities in Lagos and Port Harcourt to enable it to export clinker to some neighbouring African countries. This, it said, would help to increase the output of Nigerian plants, generate employment and attract foreign currency for the country.

The company, in a statement, stressed that its Port Harcourt terminal would in the next few days start to export clinker to neighbouring countries as it noted that 27,800 metric tonnes of clinker was last week exported from its Lagos terminals port to Senegal.

The President of Dangote group, Aliko Dangote, had told shareholders that the export facilities in Lagos and Port Harcourt would enable the company to “export clinker, initially to our grinding facility in Cameroon, and then to the new grinding plants we are building in West Africa.“Not only will these generate useful foreign currency for Nigeria, they will also help to increase the output of our Nigerian plants. These will help to improve job creation and increase prosperity in Nigeria, creating socio-economic impacts that all stakeholders can be proud of.”

Speaking during the departure of the ship conveying clinker from the Lagos Export Terminal last week, Group Executive Director, Dangote Group, Alhaji Sada Ladan-Baki, said the increased exportation of clinker and cement to other African countries would place Dangote Cement among top clinker exporters in the world.

He said, “For every batch of clinker we export, the money comes back to Nigeria. The amount we are talking about, in terms of dollars and Euros, is not small. Presently, Dangote Cement should either be number one or number two exporter of cement in Africa and the revenue we have generated in the form of foreign exchange is running into millions.”

Agenda Watchdog

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