Dangote Announces Development of Nigeria’s Largest Port in Ogun State

Aliko Dangote has announced plans to build Nigeria’s largest port in Ogun State’s Olokola Free Trade Zone. Additionally, he is constructing two new cement plants with a capacity of six million tons, supplementing an existing 12-million-ton plant. He praised Ogun’s business-friendly policies for rekindling his investment interest and noted challenges faced due to past government actions.

Aliko Dangote, Nigeria’s wealthiest individual, has announced a significant initiative to construct the country’s largest port within the Olokola Free Trade Zone in Ogun State. This strategic development is anticipated to bolster industrial growth in Nigeria. Furthermore, Dangote’s company is in the process of building two additional cement plants in the region, which will together yield a production capacity of six million tons in addition to an existing plant that produces 12 million tons.

During a recent engagement with the governor of Ogun State, Aliko Dangote expressed appreciation for the local government’s pro-business policies, attributing these strategies to his renewed interest in investing in the area. He noted that the completion of the new cement plants would have been expedited had previous governmental actions not resulted in the destruction of his factory on two occasions.

In recognition of Dangote’s entrepreneurial endeavors, Governor Abiodun commended his dedication to driving economic transformation, fostering job creation, and contributing to the nation’s overall development.

In summary, Aliko Dangote’s initiative to develop Nigeria’s largest port alongside his commitment to expanding cement production underlines a significant investment in the country’s economy. His collaboration with Ogun State’s government reflects a promising outlook for industrial growth, economic transformation, and job creation in the region, despite previous challenges faced during the construction process.

Original Source: www.africa.com