Dangote Cement’s Ibese Plant Comes onstream February 9th, Produces 70% of Nigerian Demand

Dangote Group, Nigeria’s leading business conglomerate has announced that its cement manufacturing subsidiary, Dangote Cement will be inaugurating its Ibese plant on February 9^th.
The plant is said to be the biggest in Africa with a capacity to produce 12 million tones per annum. Dangote Cement’s management team is excited about the milestone and has stated that the plant may end cement importation into Nigeria.
Speaking to journalists over the weekend, Dangote management revealed, “We are marking the closing ceremony of cement import in Nigeria with the coming on stream of our Ibese cement plant, which will be producing a combined six-million tons per annum from its initial two lines while additional two line will be added immediately to increase its production to 12 million tons per annum”.
According to the Anthony Chiejina, Group Head, Corporate Communications of Dangote, “considering that Nigeria’s cement need is between 17 to 19 million tons per year, by implication, with the coming on stream of Ibese, what Dangote Group alone will be producing will be far more than the country’s demand. That will set the pace for exportation of our products, which will lead to increased products, more revenue for the company and better returns for the shareholders.”