Nigerian billionaire Aliko Dangote plans new cement plants for expansion
Dangote is set to expand the production capacity of Dangote Cement by constructing a new integrated cement plant in Itori, Ogun State.
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Dangote is set to expand the production capacity of Dangote Cement by constructing a new integrated cement plant in Itori, Ogun State.
Dangote’s 86-percent stake in his cement company is worth $8.64 billion.
The Obajana Cement Factory opened in 2008.
His net worth plunged from $19.1 billion at the start of the month to $18.7 billion.
The group’s profit decreased by more than 10 percent in the first half of 2022.