In a bid to compensate and enrich its teeming customers across the country, Dangote Cement will from today, Monday November 16, 2015
commence its biggest promo that will benefit 3, 783 customers. The
Dangote Mega Million Dash (#DMMD) promo, which will be activated across
the country will run for three months, with total benefits of N300
million to be shared among 3,783 customers.
Two prizes of one million naira each will be won daily for 90 days
by 180 lucky winners for the duration of the promo while a whopping N30
million will be won by a lucky winner every month.
Explaining details of the promo, Dangote Group’s Chief Marketing
Officer, Mr. Oare Ojeikere said: “To be part of the promo, all it
requires is for the customer to buy a bag of cement and cut out the
token at top right of bag. Five tokens will make one entry in the draw.
Each entry of 5 tokens must be attached to a piece of paper with the
participant’s name, phone number and address, placed in a sealed
envelope and dropped off at a designated Drop Centre.”
He further revealed that 400 Dangote locations and all Access Bank
branches nationwide, will function as Drop Centres for the entries. He
assured the customers that the management of Dangote Cement will
continue to look for new ways of enhancing their value as the level of
acceptability of its products remains unprecedented in the history of
Cement business in Nigeria.
Dangote Cement is Africa’s leading cement producer with three
plants in Nigeria and recently opened factories in Ethiopia, Zambia,
South Africa, Senegal and Cameroon. It is a fully integrated
quarry-to-customer producer with production capacity of 29.25Mta in
Nigeria. Its Obajana plant in Kogi state, Nigeria, is the largest in
Africa with 13.25Mta of capacity across four lines. The Ibese plant in
Ogun State has four cement lines with a combined installed capacity of
12Mta. The Gboko plant in Benue state has 4Mta.
It would be recalled that the company for the nine months
ended September 30, 2015 recorded a turnover of N365.5 billion, a 17.8
per cent increase over its corresponding year’s figure. The company, in
the same period exported 3.7 million metric tonnes of cement to
neighboring countries. The export underscores the fact that Nigeria is
now self-sufficient in cement production.
The Chief Executive of the company, Onne Van der Weijde while
presenting the result said: “I am pleased to report that sales from
outside Nigeria have contributed nearly 29 per cent of volumes so far
this year and 39 per cent in the third quarter, which demonstrates that
we are diversifying successfully and quickly gaining market shares in
new countries.”
While revealing that the company has just acquired 2,000 new trucks
to help improve its logistics capabilities and enable it enhance its
export of cement to neighbouring countries, he said: “Our key target
will be Ghana, where we already have an import terminal that is at
present supplied from outside the ECOWAS region.”
The nine months unaudited results released on the floor of the
Nigerian Stock Exchange (NSE) showed that the cement giants’ earnings
per share rose by 18.6 percent to N9.80.
Profit before tax at N166.9 billion for the nine months ended 30th
September 2015 represents an increase of 8.4 percent compared to N154
billion in the 2014 corresponding period.
A breakdown of the results indicated that the cement group posted
an operating profit of N173.5 billion, 6.8 percent higher than N162.5
billion generated in 2014. Nigerian operations accounted for N162.7
billion, West & Central Africa N2.9 billion, while South & East
Africa did N7.4 billion.
(c) yemojanewsng.com
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