Dangote Cement said the firm spent the sum of N56.7 billion on fuel and power costs in the first quarter of 2023, the highest in seven years.
According to findings by BusinessDay, the cement company’s fuel and power expenses consumed 34.6 percent of its total cost of sales which amounted to N16
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
