Muhammad, BelloAbdullahi, Mohammed YammaMuhammad, Bello Baban'umma2023-12-142023-12-142022-09-01Yamma, M.A. et. al. (2022) Evaluation of Financial Performance in Nigeria Cement Sector: A Case Study of Dangote and Bua Cementhttps://keffi.nsuk.edu.ng/handle/20.500.14448/6805The present survey targeted 400 samples (Bua and Dangote cement workers). The respondents were chosen based on their knowledge and experience in cement sector. Stratified sampling approach was used followed by simple random sampling in this investigation. In this study, all of the elements in a given stratum are identical in terms of the relevant parameter. The questionnaire comprised of 11 questions including socio-demographic that described issues operationalized in the financial performance framework. The responses were graded on a five-point Likert scale ranging from strongly agrees to strongly disagree. The study used descriptive statistics (frequency and percentage) as tools for data analysis. Three hundred and eighty-nine persons responded, resulting in a response rate of 97 percent. The result shows that, males account for 266(63.4%) of the respondents, while females account for 123(31.6 %). With 137 responses, the majority of those respondents are between the ages of 41-50 (35.2 %). The majority of respondents (30.1%) have earned a certificate from a tertiary institution, while 116, or 29.8%, have earned a secondary certificate, and only 78(20.1%), have earned a primary certificate. This study found that the degree of production in both Bua and Dangote cement can effect revenue generating. The respondents revealed that excellent accountability minimizes the level of bad financial performance among both Bua and Dangote cement enterprises, based on the data provided. The findings also suggest that implementing corporate governance in both production and non-production organizations boosts productivity, resulting in improved financial performance. Based on the findings, it was obvious that production companies were typically registered with multiple insurance companies in order to reduce the risk of losses that could occur at any time. Furthermore, the majority of respondents believed that profit realization by enterprises (both Dangote and Bua cements) was due to product developments rather than managerial styles, financial prudence, or worker incentives. Most of the respondents firmly agreed that both Dangote and Bua cement firms had held much of their working capital, allowing them to make more products, resulting in better sales and, as a result, improved financial performance. However, both Bua and Dangote practiced strong corporate governance by using financial indicators to assess how well their companies manage their debts. Also, when a company's debts were correctly managed, the organization's financial performance would improve.enAccountability, Bua, Dangote, financial, insurance, performanceArticle