Dangote Cement, the largest cement producer in Nigeria, has slashed cement prices by about N100 for its 50 kilogramme bag. Edwin Devakumar, Managing Director of the company stated that in order to comply with the ongoing Standards Organisation of Nigeria (SON), Dangote Cement Plc has announced plans to launch its brand of the premium 32.5 cement grade. It will be selling for N200 lower per bag than the price of the higher strength 42.5 grade.
The lower grade, 32.5 type cement will be clearly labelled as such, in order to prevent the problem of misapplication and misuse of the product. The company has also introduced 52.5 grade for specialised construction of high strength structures such as bridges, flyovers among others.
Dangote has extended its capacity of integrated cement production in the country from about 20 million tonnes per annum, to around 29 million tonnes.