The demand for edible salt has been declining over time. Consumers have become more aware of the cardiovascular threat of excessive salt in meals. It is said that 40% of Nigerian adults are hypertensive.
That notwithstanding, Nigeria only accounts for a meagre 0.01% of global salt production. Rock salt deposits in Ebonyi state are still mainly underdeveloped. The Dangote group are the leading producers of edible and industrial salt in Nigeria. Investing in excess of N31billion, the Dangote group is set to transform the edible & industrial salt industry in the near future.
The attached slides address these and other issues in the domestic and global commodities market.
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