Nigeria Cement Market

Dangote sales rise by 17%
Dangote Cement increased its sales by 17% year-on-year to US$ 1.9bn in the first half of 2021
The group increased its cement sales volumes by 26% to 15Mt, including a 33% increase in Nigeria to 9.9 Mt there.
Its production costs rose by 17% to US$ 760m from US$651m. this resulted in a 10% profit drop to US$460m from US$452m
Dangote Cement’s CEO Michel Puchercos noted a ‘very volatile’ global environment and increased energy costs .he said ‘our business model remains robust,thanks to the prudent and flexible approach we have taken across our operations.