Aliko Dangote, Africa’s richest man, is facing mounting criticism from Nigerians questioning the fairness of his business empire.
With a total of 15,200 tweets at the time of this report, Dangote Group’s leader has come under public scrutiny for the reported disparities in the prices of his cement products across Africa.
According to X (formerly Twitter) discussions, there are claims that the billionaire offers cement to other African nations at a more reasonable cost.
A user on the X platform, Nefertiti, pointed out that despite Dangote Cement’s production in Nigeria, it fails to offer the product at an affordable rate, prompting contractors to resort to importing it.
“Dangote Cement is more expensive than imported cement, & you have all the raw materials in Nigeria. Contractors prefer imported cement, but cement import is banned in Nigeria. You must use Dangote by force. This is for those waiting to buy cheap petrol from the Dangote Refinery.”
“Dangote cement is produced in Nigeria, The raw material is sourced locally in Nigeria at almost zero cost. Nothing is imported. Almost zero taxes yet the price of cement is 5,200 Naira in Nigeria and the same is sold in the Benin Republic at 3,699.15 Naira.
Peoplesmind
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