Friday, March 31, 2017

Dangote to Crash Price of Rice in Nigeria by December 2017

Nigerians will be able to start buying Dangote Rice by December 2017, The director in charge of the Dangote Group for the South East, Mr Tunde Mabogunje, has announced.

He made the announcement at the launch of Dangote Group's one-stop shop for its products in the south-east.

The move marks Dangote's expansion into staple food production in the country.

Dangote already produces sugar, salt, flour and tomato paste. According to Mr. Mabogunje, Dangote's products will be sold at very comepetitive prices across the nation.

With their experience, scale and financial resources, there is likely to be a crash in market prices of rice across the country.

No comments:

Post a Comment