Dangote Cement Slashes Prices, Launches 32.5 Grade 

Dangote Cement Plc yesterday announced that it had reviewed the price of cement in the country downwards with about N100 slashed off the original price of each 50 kilograms bag of cement.
According to the Managing Director of the company, Mr. Edwin  Devakumar, who spoke to journalists in Lagos, beginning from today, distributors lifting cement from the various Dangote cement plants across the country, will pay N100 less per 50 kilograms bag of cement. Devakumar also stated that to further comply with the ongoing Standards Organisation of Nigeria (SON) directive and regulation on the various classes of cement and their prescribed uses, Dangote Cement Plc has announced plans to launch its brand of the premium 32.5 cement grade, selling for N200 lower per bag than the price of the higher strength 42.5 grade. The managing director said the 32.5 cement grade from the stable of Dangote Cement was also to ensure consumers pay the right price for the right value so that consumers would not be paying more for lower grade as is presently the case. The largest cement producer in Nigeria noted that the move is to develop an array of cement types to meet the varied needs of consumers for the different grades of cement. Dangote, with this move, now produces 42.5 for column casting, block making, decking and other general purpose construction work that require high strength, while also producing the premium 32.5 grade for plastering and flooring only.

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