Alhaji Dr. Aliko Dangote, President, Dangote Group |
The report revealed that 93 per cent
of the total government revenues from solid minerals sector were from five
companies: Dangote, WAPCO, Ashaka Cement, Unicem, CCNN and others. The report states
that: “53 per cent of the country’s revenue from the
solid minerals sector was paid by Dangote Cement Plc to the Federal
Government.”
NEITI says Nigeria has about 52
solid mineral resources across all states of the federation, with every state
possessing at least two mineral resources. But of all 52, limestone was
exploited more in 2013, than 51 others put together. Limestone, which is used
for making cement, was responsible for 52 percent of solid mineral productions.
Granite, Laterite, and sand were responsible for 27.8, 11.3 and 5.8 percent
respectively. Forty-eight other minerals were responsible for only 3 percent of
the country’s solid mineral productions.
It would be recalled that Dangote
Cement Plc has recently expanded its frontiers to Asia, by constructing a 3
million metric tons per annum (mmtpa), Cement Plant in Nepal, as part of its
new investment of $4.34 billion into 10 African countries. Alhaji Dr. Aliko Dangote, Chairman of Dangote Cement Plc, who
revealed this recently, assured Nigerians that, the country will no longer be
used as a dumping ground, as the company, now has capacity to export more than
10 million metric tons of cement outside the country.
Currently in 15 African countries,
excluding Kenya, Niger and Mali, which are new projects, the company’s current
total capacity stands at 48mmtpa, out of which Nigeria alone has the largest
chunk of 29.3mmtpa. Chatting with newsmen recently, Dr. Dangote said: “We are
not only building cement plants in Africa, we have gone far away to NEPAL to
build a three-million metric tons cement plant capacity and by the time all
these our new projects are completed in the next two years, Dangote cement Plc will
have more than 70 million capacity.
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