Categories: Business

Dangote Cement presents N15bn gifts, cash to appreciate distributors, customers

Dangote Cement Plc has celebrated its top distributors and customers with N15 billion worth of rewards for their continued loyalty, resilience, and outstanding performance.

The 2026 Distributors’ Awards Night, held at Eko Convention Centre in Victoria Island, Lagos, State celebrated the company’s highest-performing partners under the theme “Partner for Growth.”

Recipients received an impressive array of gifts, including cash prizes, containers of cement, SUVs, and CNG-powered trucks — all valued at N15 billion.

Speaking at the event, the President/CE of Dangote Industries Limited, Aliko Dangote, hailed the distributors as the heartbeat of the organisation and praised their dedication in ensuring the Dangote products reach communities nationwide.

He said: “Your tireless work in the field, your alluring commitment to our products and your direct engagement with our customers are what turn our vision and strategies into tangible results.

“Today’s celebration, themed ‘Partner for Growth,’ is a testament that our growth journey for 2026 has already begun.”

Dangote also reiterated the company’s Vision 2030 strategy, aimed at transforming Dangote Group into a $100 billion enterprise by 2030.

The plan, he explained, focuses on industrial expansion, cross-border investments, and building Africa’s self-sufficiency in sectors such as energy, manufacturing, and infrastructure.

The business mogul disclosed that the Dangote Cement is targeting a cement production capacity expansion to approximately 90 million tonnes by 2030.

He emphasised that the company’s ambition goes beyond building factories, saying the focus is on building Africa’s capacity to feed itself, power its economy, develop its people, and drive sustainable industrialisation.

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Dangote said: “Under this vision, we have announced the expansion of our petroleum refinery from 650,000 bpd to 1.4 million bpd, the fertiliser plant to 12 million metric tonnes per annum, and an increase in production at the polypropylene plant.

“Our cement company is also targeting a production capacity of approximately 90 million tonnes by 2030. And 90 million tons by 2030 means that we are 50 per cent more than the entire production of Saudi Arabia.

“Vision 2030, an integral aspect of our Africa First project, was borne out of my firm belief that Africa’s future will be built by Africans who refuse to accept limits – people who dream big, work hard, and never stop believing in what is possible.

“Our ambition goes beyond building factories. It is about building Africa’s capacity to feed itself, power its economy, develop its people, and drive sustainable industrialisation. We are empowering the next generation through the launch of a one trillion-naira ($600 million) education fund in December 2025.”

As part of this vision, the Aliko Dangote Foundation launched a N1 trillion ($600 million) education fund in December 2025, pledging support for over 1.3 million vulnerable Nigerian students, with emphasis on scholarships, STEM, TVET, and girls’ education.

The Chairman of the Board of Directors, Dangote Cement Plc, Emmanuel Ikazoboh, in his first official attendance as Board Chairman, highlighted the critical role of distributor partnerships in ensuring the company’s products reach every corner of the country.

Speaking to distributors, Ikazoboh said: “We are giving out about N9 billion in cash to our distributors.

“For some of you, it will be a double celebration, as you may receive two alerts in recognition of both your volume and growth results.”

He further outlined the company’s plans to start the year strong by supporting its distributor partners.

He stressed the importance of supply chain efficiency and profitability as key pillars for growth.

Ikazoboh also noted that the company has invested in new CNG-powered trucks, as the company’s target at the end of 2027 is to have all its trucks CNG-powered, supporting both logistics efficiency and empowering customers.

Ikazoboh revealed plans for a greenfield two-line, 6 million metric tonnes per annum cement plant in Itori, Ogun State, dedicated to exports, alongside expansions at the grinding plant in Cote d’Ivoire, signalling Dangote Cement’s commitment to pan-African growth.

The Star

Segun Ojo

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