African industrialist Aliko Dangote revealed plans to build a seaport and expand cement production in Ogun State during a meeting with state officials.
Dangote told Governor Dapo Abiodun and the Executive Council that his company will construct what he described as “the largest port in the country” at Olokola Free Trade Zone, reviving previously abandoned investment plans in the area.
The businessman also announced that two new cement production lines with a combined capacity of 6 million metric tons per annum are being constructed at Itori. When completed, these facilities will operate alongside the existing 12 million metric ton plant at Ibeshe.
Governor Abiodun welcomed the announcements, noting that the cement expansion would make Ogun State the largest cement producer in sub-Saharan Africa with a total capacity of 18 million metric tons.
Dangote stated that 70 per cent of his company’s total African cement production currently occurs in Nigeria, with the Obajana plant in Kogi State accounting for 16.25 million metric tons annually.
