BREAKING: Dangote, Lafarge, BUA Cement’s power cost gulp N598 billion in 2023 as inflation, exchange rate bites
Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc spent a whopping sum of N598.137 billion in fuel and power during the full year ended December 31, 2023. This represents a 42.45% increment from N419.879 billion recorded during the comparable period of 2022. This amount spent represents 40.39% of the total cost of sales…