Mangal Takes Over Amid Dangote and Rabiu Cement Clash

Move over Dangote and Rabiu, there’s a new cement king in town, and he’s ready to shake things up! Katsina-born tycoon Dahiru Mangal has just rolled out the first bags of cement from his brand-new $1.5 billion plant in Moba, Kogi State. The Mangal Cement Company Limited is officially in business, and it’s gunning for the throne.

The Mangal facility is poised to produce a whopping 200 trucks of cement daily. Imagine the endless convoy of trucks, each laden with potential infrastructure gold, rolling out day after day. And the jobs? A staggering 10,000 direct positions, plus hundreds of thousands of indirect gigs. Talk about a job creation bonanza!

The Mangal empire didn’t build itself overnight. Back in November 2021, Mangal Industries inked a deal with the Chinese firm Sinoma to erect this behemoth of a plant. Initially budgeted at $600 million, costs ballooned to $1.5 billion thanks to the naira’s rollercoaster ride. But who’s counting pennies when you’re making power moves, right?

Engr. Fahad Mangal, the company’s chief, isn’t shy about his ambitions. He promises cutting-edge technology, top-notch environmental standards, and a commitment to sustainability that would make even Greta Thunberg smile. This isn’t just business; it’s a pledge to bolster Nigeria’s infrastructure and economy. It’s about bridging gaps and building dreams, one cement bag at a time.

Let’s not forget, Mangal is no stranger to the big leagues. The mastermind behind Max Air, he’s already got a piece of the skies. His business tentacles stretch across transportation, textiles, agriculture, oil and gas, and construction. The man is a walking conglomerate, commanding AFDIN Group’s sprawling empire.

So, what’s next for Mangal? Only time will tell if he can dethrone Dangote, Nigeria’s current cement czar, or edge out Rabiu. But one thing is clear: the battle lines are drawn, and the game is afoot. The Nigerian business landscape is about to get a whole lot more interesting.