Nigeria’s cement war: BUA seeks to trim Dangote’s dominance

Dangote and branded cement

Dangote and his Cement brand

Dangote and his Cement brand
Dangote and his Cement brand

Dangote Cement, majority owned by Africa’s richest man Aliko Dangote, at the moment controls around 70 percent of Nigeria’s cement market share in terms of output, with 29.25 million tonnes capacity.

TheNEWS (thenewsnigeria.com.ng) reports that the local unit of French cement maker Lafarge Africa, with 8 million tonnes, ranks second.

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But the third major player, BUA Cement, which was incorporated in 2008, is aiming to topple Lafarge and then aim at Dangote itself, in the struggle for number one.

Read detailed report at thenewsnigeria.com.ng.