Aliko Dangote plans to build Nigeria’s largest seaport in Ogun State and has resumed construction of a cement factory in Itori. These projects aim to boost local production, making Nigeria self-sufficient in cement and fertilizer while enhancing export capabilities.
Aliko Dangote has announced plans for the construction of Nigeria’s largest seaport at the Olokola Free Trade Zone in Ogun State. This declaration was made during a visit to the state governor, highlighting a renewed commitment to investing in the region, especially due to the favorable policies implemented by Governor Dapo Abiodun.
In summary, Aliko Dangote’s initiatives, including the new cement factory and port, significantly contribute to Nigeria’s industrial landscape. These projects not only aim to enhance local production capacity but also reinforce Nigeria’s status as a self-sufficient cement and fertilizer exporter, while the Dangote Refinery further aids in reducing domestic fuel prices.
Original Source: africa.businessinsider.com