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Dangote opens new shop in Onitsha, floods market with cheap products

Nigeria’s most successful conglomerates, the Dangote Plc, has signed a Memorandum of Understanding, MoU, with Bontus Group of Companies based in Onitsha for the supply and distribution of all Dangote products in the commercial city.

Director in charge of Dangote in the South East, Mr. Tunde Mabogunje signed for his company, while the chairman of Bontus Group, Chief Uche Okafor, signed for his company.

Okafor said at the signing ceremony that with the agreement, all Dangote products, including sugar, cement, noodles, rice and tomato, would soon flood the eastern part of the country at very competitive prices.

The South East director of Dangote, Mr. Mabogunje, said in addition to sugar, salt, cement and other products, his company would launch its brand of rice before December 2017, just as Dangote tomato would soon be in the market.

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Damilola is a full time journalist/writer/freelancer and blogger.

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