Dangote Group, highest revenue contributor to solid minerals

Dangote Group, highest revenue contributor to solid minerals sector in 2019


By Rukayat Moisemhe
Lagos, July 14, 2021 Dangote Cement Plc and Dangote Industries Limited are the highest revenue contributors to the country’s Solid Minerals sector in 2019, according to Nigeria Extractive Industries Transparency Initiative (NEITI).
The Spokesman for Dangote Group, Mr Francis Awowole-Browne, said in a statement that NEITI revealed in its 2019 Audit Report that the two companies contributed about N778.28 million, representing 31 per cent of the N79.96 billion generated in 2019.
The NEITI’s 2019 Audit Report was signed by Mr Orji Ogbonaya Orji, its Executive Secretary.
Specifically, Dangote Cement Plc’s revenue contribution stood at N635.52 million, while Dangote Industries Limited’s revenue was at N142.76 million, representing 25.40 per cent and 5.71 per cent of the total revenue.

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