Dangote Unveils Ambitious Plans for Nigeria’s Largest Port in Ogun State

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Aliko Dangote plans to develop Nigeria’s largest port in Ogun State’s Olokola Free Trade Zone, alongside constructing two cement plants with a total capacity of six million tons. He commended Ogun’s business-friendly government, emphasizing its role in his investment decisions amidst challenges faced under the previous administration. Governor Abiodun recognized Dangote’s contribution to economic growth and job creation.

Aliko Dangote, the wealthiest individual in Africa, has announced significant plans to construct Nigeria’s largest port within the Olokola Free Trade Zone located in Ogun State. This initiative is poised to substantially enhance the country’s industrial development. Concurrently, the Dangote Group is in the process of building two new cement plants in Ogun with a total capacity of six million tons, supplementing their existing plant, which has a capacity of 12 million tons.

During a recent visit to the state governor, Aliko Dangote praised Ogun State’s progressive, business-friendly policies, which he credits for renewing his interest in investing in the region. He mentioned that the new cement plants would have already been operational had it not been for the actions of the previous governor, who demolished the factory on two occasions.

Governor Abiodun has expressed his appreciation for Dangote’s dedication to fostering economic growth, creating employment opportunities, and contributing to national development, highlighting the positive impact of such investments on the local community.

In summary, Aliko Dangote’s plans for Nigeria’s largest port and the construction of new cement plants in Ogun State indicate a significant commitment to boosting industrial development in the region. These endeavors not only demonstrate the potential for economic transformation but also emphasize the importance of supportive policies at the state level in attracting investments.

Original Source: iafrica.com

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