Africa’s richest man, Aliko Dangote, has announced plans to build Nigeria’s largest port in Ogun State’s Olokola Free Trade Zone. Additionally, his company is constructing two new cement plants with a total capacity of six million tons, complementing an existing plant. Dangote attributed his renewed investment interest to Ogun State’s business-friendly policies, as Governor Abiodun praised his commitment to economic development.

Aliko Dangote, Africa’s wealthiest individual, has announced plans to establish Nigeria’s largest port within the Olokola Free Trade Zone situated in Ogun State. This initiative is expected to significantly enhance the country’s industrial development and commercial capabilities. In addition to the port, Dangote’s company is in the process of constructing two new cement plants in Ogun State, which will collectively generate six million tons of cement. Notably, the Dangote Group already operates a 12-million-ton cement plant in the region.

During a recent meeting with Ogun State Governor Dapo Abiodun, Mr. Dangote praised the state’s favorable business environment, attributing it as a key factor in rekindling his investment interest. He mentioned that the completion of the new cement plants would have occurred sooner had they not faced repeated demolition incidents during the tenure of the previous administration. In response, Governor Abiodun commended Dangote’s dedication to promoting economic growth, job creation, and national advancement within Nigeria.

In conclusion, Aliko Dangote’s plans for Nigeria’s largest port and additional cement plants underscore a significant commitment to industrial growth in Ogun State. His acknowledgment of the state’s business-friendly policies illustrates a positive partnership between the private sector and government. The anticipated completion of these projects is poised to contribute to Nigeria’s economic transformation and job market enhancement.

Original Source: iafrica.com