Aliko Dangote to Develop Nigeria’s Largest Port in Ogun State
Africa’s richest man, Aliko Dangote, has announced plans to develop Nigeria’s largest port in the Olokola Free Trade Zone, Ogun State, in a move that signifies a significant boost for the country’s industrial growth. Alongside this development, Dangote also disclosed that his conglomerate is currently in the process of constructing two new cement plants in the state, with a combined capacity of six million tons. This addition comes in addition to the existing 12-million-ton plant that the Dangote Group already operates in Ogun State.
During a recent visit to the state’s governor, Dangote praised Ogun’s business-friendly policies, attributing them to reigniting his interest in investing in the region. He mentioned that the construction of the new cement plants would have been completed sooner if not for challenges faced during the tenure of Abiodun’s predecessor, who reportedly demolished the factory on two separate occasions. In response to Dangote’s investments, Governor Abiodun commended the billionaire’s dedication to driving economic transformation, fostering job creation, and contributing to national development.
These developments mark a significant milestone in Nigeria’s industrial landscape, with Dangote’s investments poised to create employment opportunities, boost local economies, and enhance the country’s industrial capacity. The construction of the new port and cement plants align with the government’s efforts to promote infrastructure development and enhance the ease of doing business in the region.
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