The President of Dangote Industries Limited, Aliko Dangote, has disclosed plans to build a multi-billion-dollar seaport, which will be the largest in Nigeria, in Ogun State.
Dangote also said two new lines with a capacity of 6.0 million metric tons per annum for the cement plant is being constructed in the Itori area of Ogun State.
Dangote disclosed this during a courtesy visit to Ogun State Governor Dapo Abiodun in his office in Abeokuta, the state capital, on Monday, March 17, 2025.
The billionaire businessman said he has decided to return and invest in Ogun State because of Abiodun’s administration’s vision and deliberate policies that focus on attracting investors, as well as the investor-friendly climate that exists in Ogun State.
He described Ogun State as one of the most attractive investment destinations in Nigeria, positioning itself as the manufacturing ‘bedrock’ of Nigeria.
Giving an update on the company’s ongoing projects in Ogun State, Dangote said two new lines with a capacity of 6.0 million metric tons per annum for the cement plant are being constructed at Itori, while the 12 million metric tons per annum cement plant is also located at Ibeshe.
Upon completion, Dangote assured, that the total capacity of the company’s cement plants in the state would be in the neighborhood of 18 million metric tons per annum, making it the highest cement-producing state or region in Africa.
Dangote: Our factory was shut twice, Abiodun’s policies brought us back to Ogun
“With the contributions of other cement producers in the state, Ogun remains far ahead of other countries across Africa in terms of cement production,” he added.
While noting that the company’s target is to make Nigeria self-sufficient in whatever it consumes, Dangote said the company is currently meeting domestic demand for Premium Motor Spirit (PMS), otherwise known as peteol, from its 650,000 barrels per day refinery at Ibeju-Lekki, as well as refined aviation fuel and Liquefied Petroleum Gas (LPG).
Nigeria, he said, is a growing economy, hence the need for private companies to complement government efforts, assuring that his company would continue to demonstrate its belief in the nation and its people by making investments targeted at transforming the nation’s economy.
Responding, Abiodun described the day the Dangote refinery groundbreaking was performed in Lagos as “the day of heartbreak for the sons and daughters of Ogun State as they watched helplessly on television,” saying it was an indication that the project had left Olokola.
“Not only have you chosen to complete Itori, but you have also chosen to come back and develop the biggest port in Nigeria. For this, I thank you,” the governor stated.
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