Following the successful doubling of its cement production, Dangote Cement Plc, has commenced a systematic liberalisation of the product distribution in order to bring down the price.
The management over the weekend said it was widening the distribution outlets by opening more mega depots and signing on new distributors so that the consumers can reap the full benefit of the increased local production.
Dangote Cement, which accounts for over 70 per cent of the cement produced in Nigeria, has continued to invest more in its production capacity by expanding its production lines and establishing new plants.
This the company claims will ensure the nation produces enough for home consumption and have surplus for export to other countries.
The management of Dangote Cement is of the view that only a liberalised distribution system can make increased local production translate to cheaper cement and make meaningful the huge investments in local production.
With more investments by the sector players combined, local production has risen to about 27 million metric tonnes per annum high and above the national demand hovering between 17 and 18 million metric tonnes per annum.
