Dangote Cement - December 2015

Earlier this month, the Nigerian government announced its biggest budget ever with US$30.1bn (NGN6trn) earmarked for the 2016 fiscal year. Representing a 15 per cent rise on the 2015 budget, it will come as welcome news to the country’s cement producers, such as Dangote Cement, that a healthy slice of this is to be spent on infrastructure projects.