Crusoe Osagie takes a look at the tempestuous battle for the heart of the cement business in Nigeria between Dangote Cement Plc and Ibeto Cement Company Limited, alongside claims and counter-claims of a glut in the cement industry
The ongoing battle for the soul of the cement market is not a new-fangled development in the Nigerian business milieu. It only appears to have attained fever pitch in the last few weeks and the actors in the war who are perceptive should know by now that the crisis has snow balled into a looming disaster that could consume many when it explodes.
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