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Dangote Cement records N900b turnover, employs 54,000 workers.

metronews by metronews
June 21, 2020
in News
0
Dangote Cement records N900b turnover, employs 54,000 workers.

President of Dangote Group, Aliko Dangote has said that despite the challenging economic situation in 2019, Dangote Cement recorded volumes of 23.7 million metric tons and revenues of ₦891.7 billion.

In addition, the group was able to sustain 54,000 jobs in four African countries.

The countries are Nigeria, Ethiopia, Senegal and South Africa.

The business mogul who disclosed this to shareholders at the company’s 11th Annual General Meeting in Lagos said that more jobs would be created as the company intensifies the export of clinker to other neighbouring countries from Nigeria.

“According to our 2019 socio-economic impact assessment study specifically on our operations in Nigeria, Ethiopia, Senegal, and South Africa, we sustained 54,005 jobs, in these four markets in the year under review,” he said.

Dangote told the shareholders that the year 2019 was a strong year given the tough business environment across most of its operating geographics.

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