Aliko Dangote announced plans for Nigeria’s largest port in the Olokola Free Trade Zone, Ogun State, and is building two new cement plants in the area. He praised the state’s business-friendly policies, while also noting previous obstacles he faced during construction. Governor Dapo Abiodun recognized Dangote’s contribution to economic growth and development.
Aliko Dangote, recognized as Africa’s wealthiest individual, has announced his plans to construct the largest port in Nigeria, situated in the Olokola Free Trade Zone, Ogun State. This initiative is a significant advancement for Nigeria’s industrial development. Additionally, Dangote’s company is progressing on two new cement plants in Ogun with a total production capacity of six million tons, supplementing the existing 12-million-ton plant in the region.
During a recent meeting with Ogun State Governor, Dapo Abiodun, Dangote praised the state’s favorable business environment, attributing it to sparking renewed interest in investment ventures. He noted that obstacles from Abiodun’s predecessor, who had demolished the factory infrastructure twice, caused delays in the completion of the new cement facilities. Governor Abiodun expressed appreciation for Dangote’s dedication towards achieving economic growth, job creation, and enhancing national development.
In summary, Aliko Dangote’s initiative to build Nigeria’s largest port marks a pivotal moment for the country’s industrial expansion. With the addition of new cement plants, Dangote demonstrates a strong commitment to boosting the local economy in Ogun State amid past challenges. This investment underscores the importance of supportive government policies in attracting major investments and driving national progress.
Original Source: iafrica.com
