Obajana to reopen, Kogi State Government to court
An agreement has been reached between Kogi State Government and Dangote Group to reopen the Obajana cement plant in Nigeria. Minister of Police Affairs, Mohammed Dingyadi, discl...
Nigeria
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Ibeto Cement reopening could provide jobs for Igbo people
While Dangote Cement 's Obajana plant has caused alarm at the manner and violence of its sudden closure, the long-term closed plant of Ibeto Cement still holds the potential for...
TUC calls for Obajana plant reopening
The Trade Union Congress of Nigeria (TUC) has threatened the Kogi State government to unseal Dangote's Obajana Cement plant or be ready to contend its members. In a statement si...
Dangote responds to plant ownership claims
Dangote Industries Ltd (DIL), the parent organisation of Dangote Cement Plc (DCP), has issued a statement reiterating that it acquired the Obajana cement plant in Kogi State fol...
Dangote in crisis talks over violence at Obajana plant
Aliko 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 w...
Dangote responds to Obajana plant closure
Dangote Cement Plc wishes to enlighten stakeholders and the public on the recent shutdown at its Obajana Cement plant in Kogi State. Dangote Cement said, "thugs and local vigila...
Dangote's Obajana cement factory closed off
Dangote Cement's Obajana cement factory in Kogi state, Nigeria, has been sealed off by Kogi State Internal Revenue Service (KGIRS). The plant has been closed off because KGIRS i...
What's driving Nigerian cement demand?
BUA Cement announced this week that it would seek finance from the International Finance Corp (IFC) for a 6Mta cement expansion of its Sokoto cement plant in Kalambaina, Nigeria...
Fuel and power costs soar in Nigeria
Dangote Cement and BUA Cement spent a combined NGN173.54bn (US$413.8m) on fuel and power in the first half of 2022, up 38.3 per cent on the same period a year earlier. Fuel and ...
BUA Cement achieves net revenue of NGN188.6bn in 1H22
BUA Cement reported net revenue in the 1H22 up 51.7 per cent to NGN188.6bn from NGN124.3bn (US$452m), compared to the corresponding period ended June 2021. This included added v...