Aliko Dangote, president of the Dangote Group, has announced plans to build Nigeria’s largest seaport at the Olokola Free Trade Zone in Ogun State, citing improved political conditions and investor-friendly policies under Governor Dapo Abiodun. Additionally, Dangote confirmed that work has resumed on an $800 million cement factory near Itori in Ogun State, spanning 533 hectares. The plant, expected to produce 6 million tonnes annually, is scheduled for completion by November 2026. Once operational, it will make Ogun Africa’s top cement-producing region, complementing the existing 12 million-tonne Ibese plant.
Summarized from the original article published here.
