President of Dangote Group, Alhaji Aliko Dangote, has openly declared that a former Governor of Ogun State, Senator Ibikunle Amosun, destroyed his planned cement factory in Itori zone of the State twice. The billionaire entrepreneur and philanthropist, however, did not specify the reasons for which Amosun carried out the act.
One of those making the announcement on Monday in a widely viewed video circulating on social media was Dangote, who made the announcement with the current governor of Ogun State, Prince Dapo Abiodun, for whom he praised for having saved the day for the project.
I think it is wonderful that we have it on record that the (cement) factory we are here today in Itori, you see it is all thanks to His Excellency (Dapo Abiodun) that we came back.
“That factory was destroyed twice. We started, Governor Amosun pulled it down. The second time we started again, he pulled down not only the factory, including the fence, so we left.”.
“But, up to this moment, we are coming due to His Excellency my brother, Prince Dapo Abiodun. We are now back,” Dangote said.
Don’t forget that Amosun, two-time Senator of Ogun Central senatorial district, was governor of Ogun State from 2011 to 2019.
The company, as reported by our correspondent, contracted a foreign company to construct the cement factory in 2023 during the signing of the agreement. The new integrated cement plant, upon completion, will increase the local capacity of Dangote Cement to 41.25 million tons per year and overall African capacity to 57.6 million tons per year.
He said the Itori Cement Plant will add even more to Nigeria’s cement export capacity and therefore the possibility of even greater diversification and foreign exchange inflows into the economy.
As Dangote puts it, the venture would diversify the local economy by generating thousands of indirect and direct employment and will accelerate economic growth in the Itori axis of Ogun State. Additionally, Ancillary companies, he went on to say, would arrive at the axis who will be seeking to utilize the advantage of the location of the cement factory to sell service and merchandise to workers, contractors, and other stakeholders.
He reported that the newly commissioned cement factory was founded on Dangote Group’s vision to locally produce commodities previously imported even when raw materials that could be used to domestically fabricate the same were in abundance.
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