Displaying items by tag: Cement Manufacturing Association of Nigeria
Mohammed Lawal Bello appointed as chair of Cement Manufacturers Association of Nigeria
02 February 2022Nigeria: The Cement Manufacturers Association of Nigeria (CMAN) has appointed Mohammed Lawal Bello as its chair.
Bello started his career 1985 as an engineer with the engineering and technical services department of the Nigerian National Petroleum Corporation and left in 1988 to set up his businesses. He is the founder of the Universal Petroleum Company, Robinson International Inspections, International Diamond Drilling Company and he also owns a joint-venture with US-based Delaney. His executive positions include chair of Nitel-Mtel and vice-chair of the Nigerian Electricity Regulatory Commission in Ambuja. He is also the chair of the Gede Foundation, a non-government organisation focused on health projects. Bello is a graduate of Harvard University in the US and a member of the Energy Institute in the UK.
Nigerian Government commends Dangote Cement for role in self-sufficiency in cement industry
20 March 2017Nigeria: Kayode Fayemi, the Minister for Solid Minerals Development, has commended Dangote Cement’s role in making Nigeria self-sufficient in cement. He said that it was a success story that the country had moved from importing 60% of its cement to meeting local demand with excess available for export. The Cement Manufacturing Association of Nigeria originally declared the country ‘self sufficient’ for cement in 2012.
“We need to collaborate and partner in these areas at this time that government is trying to reduce the dependence on oil. We need to turn around our mineral resources just as in the cement sector. When you look at our solid mineral industry, there is a wide gap between what we can produce and what is consumed. Imports in these sectors is huge,” said Fayemi. He added that the government wants to replicate the success of the cement industry in other non-oil sectors to diversify the economy. He made the comments as part of a tour to the Ibese plant in Ogun State.
Dangote Cement saw its earnings before interest, taxation, depreciation and amortisation (EBITDA) fall in 2016 as the Nigerian economy entered a recession. Despite this it grew its revenue and sales volumes with an emphasis on growth outside of its home country. The cement producer exported 0.4Mt of cement in 2016. However, the company has also faced allegations of dumping in Ghana.