Dangote Cement to set up more depots

African cement giant Dangote Cement will open more cement depots across Nigeria to drive down the cost of cement in the country and make the product more accessible to consumers

According to a statement from Dangote Cement, the company will aim to liberalise its distribution channels by widening its sales point network.

The company is of the opinion that the establishment of more cement plants across the country will not only stabilise the price of the product, but reduce its price thereby guaranteeing availability at the most reasonable price.

According to a report on Ventures Africa, Devakumar Edwin, group managing director of Dangote Cement, the company has acquired 5,000 trucks to boost logistics and enhance prospects of even distribution of cement across the nation.

Edwin disclosed that after solving the problem of logistics, the company will proceed to ensure a wider distribution depot, register more dealers and bring the product closer to customers.

He added that the cement company was trying to liberalise the distribution network by increasing the depots and registering more credible distributors.

“All we require is the certificate of company registration, two passport photographs and letter of intent," he said. "We are guaranteeing 48-hour registration with a minimum purchase of one trailer load that is 600 bags monthly."

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