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Dangote Returns to Ogun, Revives Investments in Cement and Port Development

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Dangote Returns to Ogun, Revives Investments in Cement and Port Development
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Billionaire businessman and President of Dangote Group, Alhaji Aliko Dangote has attributed his company’s return to Ogun State to Governor Dapo Abiodun’s investor-friendly policies and vision. During a visit to the governor in Abeokuta, Dangote highlighted Ogun’s status as Nigeria’s manufacturing hub and praised the state’s support for private-sector investments.

He announced the reconstruction of the Itori cement plant, which was previously demolished, and the addition of two new production lines with a 6 million metric tons annual capacity. Combined with the existing 12 million metric tons cement plant at Ibeshe, Ogun State is set to become the largest cement producer in Sub-Saharan Africa.

Dangote also revealed plans to revive the Olokola Free Trade Zone (OKFTZ) with the construction of Nigeria’s largest port, aiming to boost trade and logistics. He reaffirmed Dangote Group’s commitment to supporting Nigeria’s self-sufficiency in cement, fertilizer, and petroleum products.

Governor Abiodun welcomed Dangote’s renewed investment, acknowledging the economic impact and employment opportunities it brings. He commended Dangote Group’s Corporate Social Responsibility efforts, including ongoing road construction projects, and pledged continued collaboration for Ogun’s industrial and economic growth.

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