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Dangote Cement Plc has announced the commencement of the construction of new cement plants in two communities in the nation.

The newest plants are expected to add nine million metric tonnes per annum to the business's present local cement output from 29.25 million metric tonnes per annum (mmtpa) to 38.25 mmtpa

The company stated that the communities in which it is setting up the brand new plants are Okpella in the northern area of Edo State, having another six million per annum capacity plants in Ogun State, in todays Naija news Itori and a three million per annum plant.

The Group Managing Director and Chief Executive Officer (CEO), Dangote Cement Plc, Devakumar Edwin, who made the announcement in Lagos, explained that the Okpella plant will probably be constructed of one line and will make a total of three million metric tonnes per annum, as well as the Itori plant that will deliver about six million tonnes per annum from two production news from Naija lines. Both plants are anticipated to come on stream within another Nigerian Newspapers Read three years.

Devakumar said the move by the firm was to help enlarge the spread of its manufacturing outfits, therefore cutting down the transportation cost element of operations.

He added the brand new investments will lower cost of production; also and bring about future reductuon of the price of cement to create employment opportunities for the youths of host communities.

Also speaking in the function, the Group Managing Director, Cement, Dangote Industries Limited, Onne Vander Weijde said the interest in cement was still high thinking about the level of population growth in Nigeria, saying that Guardian Newspaper Nigeria Today's per capita consumption of the building material that is just above 100 kilogram per capita is comparatively low, suggesting a substantial increase potential.

"There has been an excess in demand because cement wasn't easily obtainable, but ours is available and the costs are affordable. Consumer prices have dropped by 35 per cent in naira terms, but if you choose it in dollar terms and associate it with news today in Naija's parallel market rates, you may realise the price of the merchandise has gone down in Nigeria, as well as sometimes below the prevailing typical global price.



"This itself is an enormous driver for increasing the per capita consumption," he said.

He said using the capacity of the plants in Nigeria, the organization can furnish the complete western and central Africa area, maintaining that now, Dangote cement is exporting cement to Niger, Ghana, Togo with plans to move up to the Ivory Coast.

"Nigeria had always been an import-dependent country with regard to cement before and if we don't add up capacities, we will not manage to match up the consumption rate in the united states.

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