Dangote splashes ₦15bn on gifts, cash to reward cement distributors
Kola Oyelere, Kano
Dangote Cement Plc has rewarded its distributors and customers with gifts and cash valued at ₦15 billion in appreciation of their loyalty, resilience and outstanding performance, while also announcing plans to expand its cement production capacity to about 90 million tonnes by 2030.
The rewards were presented at the 2026 Dangote Cement Distributors’ Awards Night held at the Eko Convention Centre, Victoria Island, Lagos, with the theme “Partner for Growth.” Beneficiaries received cash prizes, containers of cement, luxury SUVs and CNG-powered trucks.
Speaking at the event, President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, described distributors as the heartbeat of the organisation, commending their role in ensuring Dangote products reach communities across the country.
“Your tireless work in the field, your unwavering commitment to our products and your direct engagement with our customers are what turn our vision and strategies into tangible results,” Dangote said, adding that the awards night signified the beginning of the company’s growth journey for 2026.
Dangote reiterated the company’s Vision 2030 strategy, which targets transforming Dangote Group into a $100 billion enterprise by 2030 through industrial expansion, cross-border investments and strengthening Africa’s self-sufficiency in key sectors such as energy, manufacturing and infrastructure.
He disclosed that Dangote Cement Group is targeting an expansion of its cement production capacity to approximately 90 million tonnes by 2030, noting that this would be about 50 per cent higher than the entire cement production of Saudi Arabia.
“Our ambition goes beyond building factories. It is about building Africa’s capacity to feed itself, power its economy, develop its people and drive sustainable industrialisation,” he said.
Dangote also highlighted other expansion plans under the Vision 2030 agenda, including the enlargement of the company’s petroleum refinery from 650,000 barrels per day to 1.4 million barrels per day, the fertiliser plant to 12 million metric tonnes per annum and increased production at the polypropylene plant.
He further disclosed that the Aliko Dangote Foundation launched a ₦1 trillion ($600 million) education fund in December 2025 to support over 1.3 million vulnerable Nigerian students, with emphasis on scholarships, STEM, technical and vocational education, and girls’ education.
In his remarks, Chairman of Dangote Cement Plc, Emmanuel Ikazoboh, attending the awards night in his first official capacity as board chairman, emphasised the importance of distributors in the company’s success.
“Tonight, we are giving out about ₦9 billion in cash to our distributors. For some of you, it will be a double celebration, as you may receive two alerts in recognition of both your volume and growth results,” Ikazoboh said.
He added that the rewards also included CNG-powered trucks and high-end vehicles, stressing that Dangote Cement is investing heavily in CNG-powered logistics, with a target of converting all its trucks to CNG by the end of 2027 to enhance efficiency and promote sustainability.
Ikazoboh also revealed plans for a greenfield two-line cement plant with a capacity of six million metric tonnes per annum in Itori, Ogun State, dedicated to exports, as well as expansion of the company’s grinding plant in Côte d’Ivoire.
He commended the distributors for their perseverance, trust and loyalty, assuring them of the company’s continued support to help their businesses grow stronger and more profitable.