Profits of Nigerian salt company Nascon 2020
Nairametrics, between January and September 2020, the profit before taxes of Nascon added up to about 3.5 billion Naira, some 8.4 million U.S. dollars, while after taxes the profit amounted to 2.3 billion Naira, roughly 5.6 million U.S. dollars.
Nascon is a company of the Dangote Group, some of the largest African enterprises. Nascon is specialized is salt, seasonings, and spices and is mainly known for their table salt. According to the Nigerian company