Economy

Dangote Reaffirms Supply Chain, Digital Growth Focus at Nascon 2025 Awards Night

Share
Share

President of the Dangote Group, Aliko Dangote, has reaffirmed the conglomerate’s commitment to strengthening its supply chain, expanding digital capabilities, and sustaining customer driven growth.

Dangote made this known while addressing stakeholders at the Nascon 2025 Customers Dinner and Awards Night in Abuja, describing the event as a reflection of both the group’s journey and its forward looking strategy.

“As a group president, I have the privilege of overseeing a diversified group operating across multiple markets, brands, and consumer segments. Despite this diversity, our principle unites all our operations. Strong customer partnerships are the foundation of sustainable growth in our group,” he said.

He noted that in recent years, the group has expanded manufacturing capacity, strengthened its brand portfolio, and modernised its distribution and go to market systems. According to him, these milestones were shaped by customer feedback and prevailing market realities.

Dangote acknowledged the role of distributors and trade partners in supporting new product launches and expanding into new territories, especially during periods of economic uncertainty. He said the awards presented at the event recognised excellence and consistency among customers who have contributed to the company’s growth.

Chairman of the Board of NASCON Allied Industries Plc and Dangote Group Vice President, Olakunle Alake, described the dinner as both symbolic and strategic. He stressed that long term growth depends on collaboration rather than transactions, noting that strong distribution networks are critical in an increasingly competitive FMCG environment.

Also speaking, Fatima Aliko Dangote of Dangote Refinery and Petrochemicals and Mariya Aliko Dangote of Dangote Industries Limited highlighted the importance of trade partnerships and customer loyalty in driving performance across markets.

Managing Director of NASCON, Aderemi Saka, said the company honoured 50 customers at the event, recognising partners whose growth mirrored that of the company.

Financial results earlier released showed NASCON recorded a profit of N15.6bn for the half year ended June 30, 2025, representing a 222 percent increase compared to the same period in 2024, with revenue rising 55 percent to N78.2bn.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Economy

Uber Exits Nigeria After 12 Years as Drivers and Analysts Point to Competition and Business Model Flaws

After 12 years of operation, Uber has withdrawn from Nigeria's ride-hailing market,...

EconomyMetro

Uganda Names Crude Oil Blend Pearl Sweet as Commercial Production Nears

Uganda has officially christened its crude oil blend Pearl Sweet, marking a...

Economy

Italian High Speed Trains Begin European Expansion as Fire Damages Palermo Shopping Centre

Italy's state railway company has launched trial runs of its distinctive Frecciarossa...

EconomyWorld

US and Venezuela Sign Major Oil Agreement Amid Controversy

The United States and Venezuela have formalized a sweeping energy agreement in...

Economy

US Stock Futures Dip as Oil Surges Past $90 on Middle East Tensions

American stock futures opened lower on Wednesday as crude oil prices surged...

Economy

US Stock Futures Drop as Bond Yields Surge to Multi-Year Highs, Oil Prices Spike

American stock futures opened September trading under pressure as a worldwide selloff...

EconomyPolitics

Ooni of Ife Endorses Tinubu’s Economic Policies, Cites Market Growth

Nigeria's revered traditional ruler, the Ooni of Ife, Oba Adeyeye Ogunwusi, has...

Economy

What Nigerian Investors Should Watch Before Market Opens September 1

September trading kicks off with investors scanning global cues and domestic market...