Aliko Dangote has revealed plans for Nigeria’s largest port in Ogun State, alongside the construction of two new cement plants with a total capacity of six million tons. This initiative is intended to enhance industrial growth and economic development within the region, supported by supportive policies from the local government.
Aliko Dangote, Africa’s wealthiest individual, recently announced ambitious plans to establish Nigeria’s largest port within the Olokola Free Trade Zone in Ogun State. This project signifies a substantial advancement for Nigeria’s industrial sector. Furthermore, his company, the Dangote Group, is actively building two new cement facilities in Ogun State, which will have a combined production capacity of six million tons. This follows the existing 12-million-ton plant in the region.
During a recent meeting with the governor of Ogun State, Dangote praised the administration’s business-friendly environment, attributing it to his renewed interest in investment in the area. He noted that the construction of the new cement plants would have progressed more swiftly had it not been for the unfortunate demolition of the factories by the previous governor. In turn, Governor Abiodun acknowledged Dangote’s significant role in driving economic growth, creating jobs, and contributing to national development.
In summary, Aliko Dangote’s announcement of plans to build Nigeria’s largest port in Ogun State, along with the development of two new cement plants, underscores his commitment to fostering industrial growth in the country. The cooperative relationship with the Ogun State government highlights the positive impact of favorable business policies on investment opportunities.
Original Source: www.africa.com
