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Kolawole Adesina
2 weeks ago
Overview
The President of Dangote Group, Alhaji Aliko Dangote, has announced plans to construct the largest dry seaport at Olokola, in Ogunwaterside Local Government Area of Ogun State.
He explained that his company decided to return and invest in Ogun State due to the Prince Dapo Abiodun administration’s vision and deliberate policies, which focus on attracting investors and fostering an investor-friendly climate in the state.
Dangote made this statement on Monday during a courtesy visit to the governor at his office in Oke-Mosan, Abeokuta. He described Ogun State as one of the most attractive investment destinations in Nigeria, positioning itself as the manufacturing “bedrock” of the country.
He said: “I would like to commend, in a special way, my good friend and brother, His Excellency, the Governor of Ogun State, for his vision and deliberate policies that focus on attracting enterprises through immense support for the private sector, which is now drawing investors.
“Our factory at Itori was demolished twice. When we restarted the second time, not only was the factory pulled down, but also the fence, so we left. However, because of His Excellency, our governor, Prince Dapo Abiodun, we are back. When you visit the factory, you will be amazed at what we have achieved.
“We had earlier abandoned our vision of investing in the Olokola Free Trade Zone (OKFTZ), but due to your policies and the investor-friendly environment, I am pleased to announce that we are back. We will work with the state government and have plans underway to construct the largest port in the country,” he pledged.
Providing updates on the company’s ongoing projects in the state, Alhaji Aliko Dangote revealed that two new lines of a 6.0 million metric tonnes per annum cement plant have been constructed at Itori, while a 12 million metric tonnes per annum cement plant is also located at Ibeshe.
Upon completion, the Chief Executive assured that the total capacity of the company’s cement plants in the state would be approximately 18 million metric tonnes per annum, making Ogun State the highest cement-producing region in Africa.
“With contributions from other cement producers in the state, Ogun remains far ahead of other countries across Africa in terms of cement production,” he said.
Dangote Cement, according to the Dangote Group President, is the leading cement producer in Africa, with a capacity of 52.0 million metric tonnes per annum across the continent.
