The President of Dangote Group, Alhaji Aliko Dangote, has reaffirmed his commitment to bolstering Ogun State’s industrial landscape, attributing the company’s renewed investment in the state to Governor Dapo Abiodun’s investor-friendly policies and forward-thinking vision.
During a high-profile visit to Governor Abiodun at the Government House in Abeokuta, Dangote lauded Ogun State’s strategic position as Nigeria’s manufacturing hub and commended the state government for its unwavering support for private-sector investments. He emphasized that the conducive business environment created by the current administration has been instrumental in attracting significant economic ventures.
As part of the revitalization efforts, Dangote announced the comprehensive reconstruction of the Itori cement plant, which had previously been demolished. The revamped facility will feature two new state-of-the-art production lines with a combined annual capacity of six million metric tons. This development, in addition to the existing 12 million metric tons cement plant at Ibeshe, will make Ogun State the largest cement producer in Sub-Saharan Africa.
In a bid to further enhance the state’s economic potential, Dangote also unveiled plans to revive the Olokola Free Trade Zone (OKFTZ) through the construction of Nigeria’s largest port. The port project is expected to significantly boost trade and logistics, cementing Ogun’s position as a critical gateway for commerce and industry.
Speaking on the occasion, Governor Abiodun expressed his profound appreciation for the Dangote Group’s renewed commitment to Ogun State. He described the investment as a major milestone that would create thousands of job opportunities and stimulate economic growth. The governor also lauded Dangote Group’s Corporate Social Responsibility (CSR) initiatives, including ongoing road construction projects aimed at improving infrastructure within the state.
Governor Abiodun reiterated his administration’s resolve to maintain a business-friendly environment that fosters industrialization and economic development. He assured Dangote Group of the government’s continued collaboration and support to ensure the successful execution of its projects.
Dangote, on his part, reiterated the group’s dedication to promoting Nigeria’s self-sufficiency in critical sectors such as cement, fertilizer, and petroleum products. He stressed that the expansion projects in Ogun State align with Dangote Group’s mission to drive sustainable economic growth while creating wealth and employment opportunities for Nigerians.
The renewed investment by the Dangote Group is widely seen as a testament to the state’s growing reputation as a prime destination for large-scale industrial ventures, positioning Ogun at the forefront of economic transformation in Nigeria.
