Newsexpress place banner advert Yudala genuine products
Dangote boosts local cement production in Cameroon, targets 30 per cent market share

By News Express on 13/04/2015

Share on facebook Yahoo mail icon Gmail icon

Views: 2,490


Africa’s leading cement manufacturer, Dangote Cement, Plc has assured the government of Cameroon that it would help shore up local production of the vital product following the ban on importation of cement into Cameroon.

The assurance came in the wake of the formal launching of the company’s high grade 42.5 cement type into the Cameroonian market after a successful inauguration of the company’s 1.5m MTPA capacity cement plant in Douala.

The Dangote Cement management also told newsmen that it appreciated the gesture of the Cameroonian Government and that the ban was a vote of confidence on the ability of cement manufacturers in the country, especially Dangote Cement, to meet and surpass local consumption demands.

Already, with the addition of Dangote’s 1.5m MTPA, Engr Abdulahi Baba, a, General Manager and head of Cameroonian factory, explained that the three manufacturers of cement in the country are about surpassing local consumption demands and that Dangote management is already looking towards export prospects to neighbouring countries to Cameroon

According to Baba, with a consumption growth of 8 per cent in Cameroon and local production of 2.9m MTPA, the Dangote management is already looking at export potentials in Chad, Central African Republic, Garbon, Equitorial Guinea and Togo even as the company considers future expansion.

He explained that the plant has one of the most recent facilities to ensure that there is no dust emission during production.

The General Manager stated that the company has put strategies in place to achieve 30 per cent market share, noting that there are also plans of achieving 30 per cent export of total production.

Baba stated: “The demand is growing everyday because of the infrastructural developmental efforts of the government. We will take the advantage of the ban on cement importation here in Cameroon. We have a structured distributorship system in place. Our route to the market is very clear and defined. We are building a jetty so that we are not held down but have smooth distribution during congestion at the ports.

“We are set to achieve stability of operations, pursue aggressive market penetration and consolidation through appropriate above the line and below the line activities. 170 distributors have been selected after the interview process. 85 distributors will start, while the number will gradually increase with increasing production

“Mines at Tombel have been opened up and it is under exploitation. The Mines at Batoke would soon become operational. Exploration licence for Foumban deposit has also been secured. EIA and other activities for securing mining lease are being processed. About 5,000 MT of pozzolana is stockpiled at the living area.”

Baba noted that the company’s ex-factory price is the cheapest in Cameroon when compared to other products in the market, stressing that Dangote Cement is cheaper than 32.5 grade that is sold in the open market.

Fonoggi Serge, MD ETS (distributor), noted that the product is of a very high quality but sold at a very cheap rate.

“Consumers and other dealers are already making demand for the commodity. I sell 20 tons daily and the acceptability of the product is rapidly increasing and it goes for between 4,000 – 4,500 CFA,” he stated.

Kamdoum Rodrigue, a block maker, certified that the product is very good, stressing that it takes a shorter period to dry.

“Before now, we used to stay for one week waiting for the blocks to dry, but with this new product, we only stay for two to three days and our blocks are ready for supply. Now we meet our customers demand earlier than it used to be,” Rodrigue stated.

Source News Express

Posted 12/04/2015 11:24:17 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Tears, curses as man buries wife butchered by...

UI workers ‘pepper’ new VC with strikes

It will be a cloudy Sunday, with isolated...

4 firms linked to Jonathan’s former aide plead...

Death of Kogi governor’s ADC “an act of...

‘We Are All Biafrans’ set for release on...

TB Joshua’s prophecy fails, as popular Ghanaian boxer...

CBN sustains liquidity in forex market; Disburses $280...

Fire engulfs part of Dangote Noodles factory

Dangote crashes cement price to N1,000 a bag...

Messiah? Whose messiah? Judge orders name change for...

Falae flown abroad for treatment

 

Latest News Ekweremadu laments surprise police raid of Abuja house Ramadan begins today Northern Governors sign pact with Catholic Mission to revive education Clouds, isolated thunderstorms to dominate today’s weather, says NiMET 2 men to die by hanging for robbing man of motorcycle, N20,000 cash Kidnapped students will be rescued in few days — DIG Habila AMCON recovers N134 billion Amaechi rejects Wike’s award, says it is poisoned chalice Tinubu disappoints, chickens out of much advertised charity boxing bout against Evander Holyfield NDLEA makes big catch at Seme Border Children’s Day: UNICEF calls for an end to violence against children, adoption of Child Rights Acts in all states OPEC appoints Nigerian Board Chairman

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (246,670 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (223,121 views) Shameless Genevieve Nnaji exposes breasts in public (184,871 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (165,412 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (158,497 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (138,447 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (120,912 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (118,240 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (106,265 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (102,635 views) Lagos plane crash: Journalist releases victims’ names (101,315 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (95,543 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,562) Business Verdict (16) Columnists (684) Complaints & Requests (90) Enterprise & Opportunities (153) Entertainment (322) Features (446) Global Business Monitor (151) International (1,378) Interviews (122) Live Commentary (28) Love Matters (54) News (24,747) Opinion (721) Pidgin (8) Politics (3,701) Religion (535) Sports (1,265) Stock Watch (18) AMA & Al Jazeera Global Update

 

Words on marble

 

UBA Wise Savers Promo

 

Machester United vs Ajax

 

APO Newsbreak logo

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!