Monday, 3 October 2011

Dangote Group plans rail lines from factories

Aliko Dangote
Lagos – The Dangote Group says it will soon construct rail tracks from all its cement factories to the national railway to reduce transportation and cost of the product.
Mr. Akin Adesokan, the Managing Director of Dangote Cement Terminal in Lagos, disclosed this on Sunday when he conducted distributors round the Dangote Cement Factory in Ibese in Ogun.
He said the project was necessary because the cost of transporting bulky goods such as cement in the country was still a challenge.

Adesokan said Dangote would also establish a vessel freight to boost the exportation of goods to the Economic Community of West African States (ECOWAS) markets.
He said the move was to forge a strong bilateral trade relationship amongst the ECOWAS member-countries.
Adesokan said with the vessel freight, the movement of goods outside and within the country would reduce the cost of haulage and the product.
“The challenge is taking our goods from the factory to the ports, and since there is no railway system, it makes transportation of bulky goods burdensome,” he said.
The official said Dangote had invested heavily on haulage because the company has bought over 2,000
trucks to distribute cement to all depots in the country.
“This is our own Corporate Social Responsibility and no other company has done this.
“The price will definitely come down because the Chairman of Dangote Group, Alhaji Aliko Dangote, has the interest of Nigerians at heart.
“He wants to bring down the price of cement to the barest minimum so that everybody can afford it.

Source

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