Aliko Dangote plans to build Nigeria’s largest port in Ogun State, which will enhance industrial growth. His company is also constructing two cement plants with a capacity of six million tons, adding to an existing plant. The governor’s policies have positively influenced this investment, emphasizing job creation and economic development.
Aliko Dangote, Africa’s wealthiest individual, has announced his intention to construct Nigeria’s largest port in the Olokola Free Trade Zone located in Ogun State. This development is expected to significantly enhance the industrial capacity of Nigeria. In addition to the port, his company is in the process of building two additional cement plants in Ogun State, which will have a combined capacity of six million tons, supplementing their existing 12-million-ton plant.
During a recent visit to the governor of Ogun State, Dangote praised the state’s pro-business policies, attributing them as a key factor for his renewed interest in investing there. He expressed that the new cement plants would likely have been completed earlier if not for the previous administration’s actions, which included the demolition of the facility.
Governor Abiodun acknowledged Dangote’s dedication to fostering economic transformation and creating jobs within the state. His administration is keen on attracting such investments, which are essential for driving national growth and development.
Dangote’s plans to develop Nigeria’s largest port and expand cement production in Ogun State highlight a significant commitment to industrial growth and job creation. The favorable business environment created by the state government has played a crucial role in attracting these investments, reinforcing the potential for substantial economic development in the region.
Original Source: iafrica.com
