The Dangote Cement Group has revealed its intention to increase its production capacity to nearly 90 million tonnes by 2030.
The President of Dangote Industries Limited, Aliko Dangote, made this announcement during the 2026 Distributors’ Awards Night, which was organized to honor top distributors while acknowledging their contributions to the organization's development.
He referred to them as 'the heartbeat of the organization,' expressing appreciation for their unwavering loyalty and resilience, which included a reward package worth N15 billion.
"Your relentless efforts in the field, your strong commitment to our products, and your active engagement with our customers are what transform our vision and strategies into concrete outcomes. The event, titled 'Partner for Growth,' marks the beginning of our growth journey for 2026," he noted.
Dangote reiterated the company's Vision 2030 plan, which aims to elevate the Dangote Group to a $100 billion enterprise by 2030. He explained that the strategy emphasizes industrial growth, foreign investments, and enhancing Africa's self-sufficiency in areas such as energy, manufacturing, and infrastructure.
"As part of this vision, we revealed the expansion of our petroleum refinery from 650,000 barrels per day to 1.4 million, increasing our fertilizer plant's capacity to 12 million metric tonnes per annum, and ramping up production at the polypropylene facility. Additionally, our cement sector is targeting a production capacity of approximately 90 million tonnes by 2030, being 50 percent more than the total production of Saudi Arabia," he said.
"Vision 2030, an essential element of our Africa First initiative, arises from my strong belief that Africa’s future will be forged by Africans who challenge limits—those who dream boldly, work diligently, and maintain faith in what can be achieved."
"Our goals extend beyond merely building factories; it is about nurturing Africa’s capability to sustain itself, fuel its economy, cultivate its workforce, and drive sustainable industrialization. We are empowering the next generation by establishing a one trillion-naira ($600 million) education fund in December 2025," he added.
The new Chairman of the Board of Directors of Dangote Cement Plc, Emmanuel Ikazoboh, emphasized the essential role of distributor partnerships in ensuring the company’s products are available throughout the nation.
He outlined the company’s strategy to commence the year robustly by supporting its distributor partners, emphasizing the significance of efficiency in the supply chain and profitability as vital components for growth.
Ikazoboh remarked that the company has invested in acquiring new CNG-powered trucks, aiming for all its trucks to be CNG-powered by the end of 2027, thus enhancing logistics efficiency and empowering customers.
"We are making substantial investments in new Compressed Natural Gas (CNG) trucks. This project not only supports our customers but also underlines our commitment to corporate responsibility and adherence to global sustainability guidelines. These rewards underscore our pledge to assist customers and promote sustainable business practices," he stated.
He also mentioned plans for a new two-line, six million metric tonnes per annum cement plant in Itori, Ogun State, designated for exports, along with expansions at the grinding facility in Côte d’Ivoire, which highlights Dangote Cement’s dedication to pan-African growth.
Ikazoboh praised the distributors, acknowledging their commitment and highlighting their integral role in the company’s overall success.
"Your perseverance, trust, and loyalty allow us to maintain visibility and availability for our products nationwide. We are genuinely invested in seeing your businesses become larger, stronger, and more profitable," he said.
Comments (0)
You must be logged in to comment.
Be the first to comment on this article!