DCP ₦285.50 +1.13%
DSR ₦42.75 -1.04%
NASCON ₦38.20 +1.60%
NSE ASI 109,450.22 +0.34%
DCP ₦285.50 +1.13%
DSR ₦42.75 -1.04%
NASCON ₦38.20 +1.60%
NSE ASI 109,450.22 +0.34%
Food & Consumer Products

NASCON Allied Industries Plc

Nigeria's largest salt refiner and a leading producer of seasoning and tomato paste — bringing quality consumer food products to over 200 million Nigerian households.

#1 Nigeria Salt NGX: NASCON Apapa Plant Salt · Seasoning · Tomato FMCG Leader ₦38.20 — NASCON
Salt Capacity 500,000 T/yr refined salt
Seasoning Dangote Seasoning cubes/powder
Tomato Paste Tomato paste production & distribution
Location Apapa, Lagos · Calabar, Cross River
Founded 1973 (as NASCON)
Stock Ticker NASCON — Nigerian Exchange
Market Share ~60% Nigerian Salt Market
Distribution National · West Africa
500K
Tonnes Salt/Year
60%
Nigeria Market Share
3
Product Categories
50+
Years Heritage
Overview

Nigeria's Essential
Food Ingredients

NASCON Allied Industries Plc (formerly National Salt Company of Nigeria) was established in 1973 and acquired by Dangote Industries in the early 2000s. Today, it is listed on the NGX and controls approximately 60% of Nigeria's refined salt market through its Apapa and Calabar plants.

Beyond salt, NASCON has diversified into seasoning products under the "Dangote Seasoning" brand (cubes and powder) and tomato paste production, making it a multi-category consumer food ingredients business targeting Nigeria's 200+ million population.

The company operates two production facilities: the flagship Apapa plant in Lagos with 500,000 T/yr salt refining capacity, and the Calabar plant in Cross River State. Distribution reaches all 36 Nigerian states plus export markets in Benin, Ghana, Cameroon and Niger.

Product Portfolio

Trusted Brands,
Every Household

🧂
Dangote Salt
Iodised table salt, coarse salt and industrial salt. Nigeria's leading salt brand with 60% market share.
🍲
Dangote Seasoning
Seasoning cubes and powder in chicken, beef and mixed variants. Pan-Nigerian distribution.
🍅
Dangote Tomato Paste
Concentrated tomato paste in retail cans (70g, 400g) and industrial packs for food processing.
🏭
Industrial Salt
Bulk salt for chemical industry, water treatment, road de-icing and food processing manufacturers.
📦
OEM / Private Label
White-label production for regional food companies seeking Nigerian-standard food ingredients.
NGX Listed

NASCON on the
Nigerian Exchange

NASCON Allied Industries Plc is listed on the Nigerian Exchange Group under the ticker symbol NASCON. It forms part of the Dangote Industries portfolio alongside Dangote Cement (DCP) and Dangote Sugar Refinery (DSR) as the three publicly-listed Dangote Group subsidiaries.

Ticker NASCON
Exchange Nigerian Exchange Group (NGX)
Sector Consumer Goods
Board NGX Premium Board
Dividend ₦3.50 per share (2024)
Free Float ~25% Public Float
FY Revenue ~₦85B (2024)