Dangote has said his company may generate up to 30 billion dollars by 2026. Despite the expected negative impact of US tariffs on global trade, Dangote, whose products are cement, fertilizer, sugar, and refined oil, expects his company to grow and not decline.
Since Trump tariffs does not affect oil and gas he hopes to continue steady exports to the US. He also see the 14% tariffs imposed on Nigeria as being competitive enough compared with 30% imposed on imports from Algeria his major competitors for cement. Same thing goes for fertilizer. So he expects to leverage on this to continue to stay ahead of his competitors.
He expects to grow to the number one producer of cement by next year as he hopes to surpass all other competitors as he's working to increase output of cement.
