Home / Latest Update / Dangote Cement splashes N1.25b bonus on distributors

Dangote Cement splashes N1.25b bonus on distributors

1342889_Dangote-Cement

• Group gets seven Kenyan oil blocs

In appreciation of its customers’ patronage in the previous year, the management of Dangote Cement Plc has rewarded its distributors financially with bonuses amounting to N1.25 billion

It was a naira rain for distributors of the firm as each and every one of the distributors at a forum in Lagos went home with mouth-watering reward for keeping faith with the company and its product.

Each of the distributors was presented with a cheque. The highest bonus of N62 million went to Chinedu & Son Investment Nigeria Limited, as the Number One Customer for year 2013.

Meanwhile, President of the Dangote Group, Aliko Dangote has been given seven Kenyan oil fields for exploration, Kenya’s Chamber of Commerce has said.

PM News reports that the decision was finalised during a meeting held in Abuja which was attended by both Nigerian President Goodluck Jonathan and Kenyan President Uhuru Kenyatta.

According to the report, Kenya offered Nigerian investors 46 newly discovered oil blocs during a visit from President Jonathan in September last year.

Kenya and Nigeria signed an agreement to increase trade and business between the two countries last year.

Speaking on the N1.25billion bonus, Dangote had earlier said the firm sold 13.3m tons of the product last year, a feat he said was attained through patronage of the distributors.

READ ALSO  Amaechi Inspects Ebute-Metta Railway Terminal Lagos

He said the payment of the bonus was to celebrate the distributors for their unflinching loyalty and commitment to Dangote Cement which remained the best in spite of intense competition in the industry.

Dangote said: “We could not have achieved this enviable feat without your immense contributions. That is why we have gathered here to show you our sincere appreciation.  I am delighted to note that during the year you have fine-tuned your sales and marketing strategies to remain on top of the game, as the excellent results we posted for last year demonstrate, and this has allowed us to remain in our leading position.”

must be innovative. The future belongs to those that are creative and innovative in their approach to doing business. Forward-looking organizations constantly seek innovative ways of doing things in order to stay ahead of the pack.”

The Dangote Cement boss then used the occasion to formally introduce the Company’s new grade of cement—the 42.5 grade popularly known as Dangote Cement 3X, Big Boss or Big Oga, describing it as a demonstration of the Company’s commitment to its customers.

“It is a demonstration of our commitment to excellence. It is also a demonstration of our commitment to quality. The 3X stands for ‘extra strength,’ ‘extra yield’ and ‘extra life,’ and it is the product of many years of research and development. We believe in going the ‘extra’ mile for you, our distributors and customers, the end users.

“Very soon, we will introduce another higher grade brand of 52.5 cement. The 42.5 grade and 52.5 grade will serve different purposes and will give consumers more options”, he explained.

In his own address of welcome, Group Managing Director of Dangote Cement Plc, Devakumar Edwin thanked the distributors for their loyalty to Dangote cement brand pointing out that they must have seen that they have made a mistake for choosing to do business with the company

READ ALSO  Radio Biafra Launched In America

He promised that the cement Company would continue to show appreciation to them and urged them to strive to sell more Dangote cement this year and they would also be rewarded more saying; one good turn deserves another.

About Japhet

Check Also

Nigerian Law Student Not Called To Bar Because Of Hijab

A Sudent of the Nigerian Law from the University of Ilorin by name Amasa Firdaus …

Leave a Reply