Business News of Saturday, 9 August 2025

Source: www.punchng.com

Dangote wins cement company of the year award

Dangote Cement Dangote Cement

Dangote Cement has been named Cement Company of the Year at the just concluded Africa International Housing Show in Abuja.

In a statement from the firm, it was stated that for its support for the real estate sector in Africa, the cement manufacturing company added to its numerous accolades as it bagged the ‘Cement Company of the Year’ award.

It said, “The Dangote Cement Plc is one of the sponsors of the four-day housing exhibition that ended last Friday, where 21 countries and 40,000 exhibitors were said to have participated. Presenting the award on behalf of the organisers of the show, Governor of Sokoto State, Dr.Ahmad Aliyu, who was represented by his Deputy, Idris Gobir, described Dangote Cement as a household name and the pride of Africa.

“According to him, Dangote Cement has supported the Nigerian economy through job creation and philanthropy, among others.”

The Minister of Housing and Urban Development, Ahmad Dangiwa, lauded Dangote Cement Plc for its contributions to the development of the Nigerian Economy, urging the company to join hands with the government in bridging the housing deficit in Nigeria.

Speaking earlier, the Director-General, Nigerian Building and Road Research Institute, Prof. Samson Duna, said, “Dangote cement dominates Nigeria and West Africa markets in respect of patronage and is doing well. Dangote Cement stands for standard and quality. Thumbs up for Dangote Cement.”

Speaking at the company’s Special Day, the National Sales Director, Dangote Cement Plc, Dolapo Alli, said, “Addressing housing issues requires collaboration among various stakeholders, including government agencies, private developers, non-profits, and communities. The government can adopt public-private partnerships to support mass housing initiatives.

“Through PPP models, the government may initiate the construction of new estates, while companies and firms in the building and construction sector can be granted tax waivers and credits to facilitate the financing of new and affordable housing developments.”