Dangote
Aliko Dangote at the Africa Investment Forum/Twitter.

The President, Dangote Group, Aliko Dangote, has said the group employs 500,000 direct employees as well as 200,000 indirectly.

Dangote also said his cement business has more than 65 percent share of the cement industry in Nigeria.

Advertise With Us

Dangote spoke via his Sales Manager, Josiah Nweke at the International Trade fair in Lagos.

He noted that the Dangote Group has also begun the block master cement that is best for block molding and construction.

Concise News had reported that the conglomerate said its revenue base will hit $30 billion by 2020 — a feat he would have considered impossible 10 years ago.

“Ten years ago, if you mention to me or even if I actually see it in a dream that our company will have a revenue of $3 billion, I would have said it is impossible,” Dangote said during the Africa Investment Forum on Thursday in South Africa.

“But today, by 2020, we would have $30 billion of revenue. Why? Because we have gone into a very bold product.”