Dangote Launches Obajana Cement Plant In Kogi State
Tuesday, June 12, 2012Omoba
The biggest cement factory in sub-Saharan Africa,
Obajana cement plant, was on Monday commissioned by President Goodluck Jonathan
in honour of Aliko Dangote, and it’s Located in Kogi State, Obajana
cement is expected to produce about 10 million tonnes of cement per annum.
President
Jonathan in his remark, called the plant a “quantum leap” for that nation’s
construction sector. The president noted that the success of this factory was
as a result of the government’s policy on public-private partnership.
“To sustain the
achievement, government is working with the private sector to launch a Cement
Technology Institute, which Aliko Dangote will be the chairman” he said.
The
president also revealed that a backward integration policy will soon be
implemented for the automobile and garment sectors as well as sugar and rice,
“so that by 2016, we not only be producing for our consumption, but also
export.”
Mr
Aliko Dangote, who was recently crowned, the richest man in Africa by Forbes
magazine, in his speech stated that “Nigeria is the best place in the world to
invest”, adding that there are immense investment opportunities in the nation’s
power and infrastructural sectors.
Invest
opportunities abound in various sectors of the economy, such as power,
infrastructure, oil and gas. Discerning investments are aware that this is the
place to invest and they screaming over each other to come and invest here.
He
enjoined the government to replicate similar policies that encourage his cement
factory in other sectors of the economy, saying, “if the federal government can
improve on policies such as the one that allowed this cement factory, we will
be there in no time.
It
is estimated that the Dangote group has invested about $6.5billion in the
sector in recent years
Source: Channels
0 comments