Business
Dangote Unveils Plans to Develop Nigeria’s Largest Port in Ogun State
Aliko Dangote, Africa’s foremost industrialist, has announced plans to develop Nigeria’s largest port in the Olokola Free Trade Zone, Ogun State, signaling a major boost for the country’s industrial sector.
In addition, The Dangote group is building two cement plants in Ogun with a combined capacity of six million tons, complementing the existing 12-million-ton plant in the state. He praised Ogun’s business-friendly policies for reigniting his investment interest, noting the new plants would have been completed earlier if not for previous setbacks.
Once finished, these new facilities will increase Dangote’s cement production capacity in Ogun to 18 million metric tons annually. Dangote emphasized the importance of private-sector involvement to support Nigeria’s growing economy and reaffirmed his company’s commitment to national development.
Governor Dapo Abiodun thanked Dangote for his continued investment in Ogun, praising his efforts in job creation, economic transformation, and global advocacy for Nigeria. Abiodun also highlighted the significance of the port project and the Lagos refinery, both of which showcase Dangote’s commitment to Nigeria’s economic growth.
