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But what of the other subsidiaries in the where some of us have vested interests?
To be a world-class enterprise that is passionate about the standard of living of the general populace and giving high returns to stakeholders.
Touch the lives of people by providing their basic needs.
The Dangote Group is one of Nigeria’s diversified business
conglomerate with a reputation for excellent business practices and product
quality. Its operational headquarters is in Lagos - Nigeria, West Africa
Since inception, the group has experienced phenomenal growth on account of quality of its goods and services, its focus on cost leadership and efficiency of its human capital. Today, Dangote Group is a multi-billion Naira company poised to reach new heights, in every endeavour competing with itself to better the past.
The Group’s core business focus is to provide local, value added products and services that meet the ‘basic needs’ of the Nigerian population. Through the construction and operation of large scale manufacturing facilities in Nigeria and across Africa, the Group is focused on building local manufacturing capacity to generate employment, prevent capital flight and provide locally produced goods for local people.
Established in May 1981 as a trading business with an initial focus on cement,
the Group diversified over time into a conglomerate trading cement, sugar,
flour, salt and fish. By the early 1990’s the Group had grown into one of the
largest trading conglomerates operating in the country.
In 1999, following the transition to civilian rule and after an inspirational visit to Brazil to study the emerging manufacturing sector, the Group made a strategic decision to transition from a trading based business into a fully fledged manufacturing operation. In a country where imports constitute the vast majority of consumed goods, a clear gap existed for a manufacturing operation that could meet the ‘basic needs’ of a vast and fast growing population.
The Group embarked on an ambitious construction programme, initially focused on the construction of flourmills, a sugar refinery and a pasta factory. In 2000 the group acquired the Benue Cement Company Plc from the Nigerian government and in 2003 commissioned the Obajana Cement Plant; the largest cement plant in sub-Saharan Africa.
The Group is now one of the largest manufacturing conglomerates in sub-Saharan Africa and is pursing further backward integration alongside an expansion programme in existing and new sectors.
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