Why Our Cement Costs Less in Zambia Than Nigeria – Dangote Cement Plc
Following the uproar generated by the recent reports that Dangote Cement Plc sells cement at a higher price than it sells to other countries, Zambia notably, its management has clarified that a bag of cement from its factories and plants across Nigeria (as of 12th April 2021) is N2,450 in Obajana and Gboko and N2,510 in Ibese, VAT inclusive.
Reports recently surfaced that Dangote cement sells for 110 Kwacha in Zambia which is equivalent to about N1,800 in naira, while Nigerian consumers buy the same product for at least N3,500.
Reacting, the Dangote Cement Group has said it cannot control the prices of its products when it gets to the market.
Devakumar Edwin, the group’s Executive Director, Strategy, Portfolio Development and Capital Projects, disclosed that while a bag of Cement ...