Cement News tagged under: Obajana
Dangote in crisis talks over violence at Obajana plant12 October 2022, Published under Cement NewsAliko Dangote, president of the Dangote Group , has met with state governors to try and resolve the crisis at the cement producer’s Obajana plant. In attendance at the meeting was Yahaya Bello, governor of Kogi State, Abdullahi Sule, governor of Nasarawa State, and Ibrahim Gambari, chief of staff to the President of Nigeria. The meeting follows violence at the plant after the Kogi State Government attempted to seal the plant over concerns relating to tax evasion and legal ownership of ... |
Dangote02 December 2013, Published under Cement NewsSales growth at Dangote Cement continues to outpace the Nigerian cement market with group sales volumes up 29.5 per cent to 9.95Mt, compared to the same period last year. Pre-tax profit for the nine-month period rose 42.6 per cent to NGN151.7bn (US$957m), while EBITDA grew 35.9 per cent to NGN181.1bn (US$1142m). Consolidated group revenue was up 28.7 per cent to NGN289bn (US$1822m) and gross profit reached NGN189.4bn (US$1195m), up 39.4 per cent. Following a deferred tax credit of NGN4.4bn... |
Dangote commissions Obajana Line 3, Nigeria12 June 2012, Published under Cement NewsAliko Dangote has commissioned the expansion of his Obajana cement plant, raising capacity to 10.5Mta. The additional 5.25Mta line is part of the company’s efforts to make it a powerhouse of African production as it aims to reach 50Mt of capacity across the continent by 2015. Dangote said that this recent investment in this new Line No 3 at the Obajana plant situated in Kogi state, raises the company’s domestic capacity in Nigeria to 28Mt. Nigerian president Goodluck Johnson preside... |
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