Business & Finance

Dangote: Our Cement Expansion Plans Intact

Aliko Dangote, Africa’s richest man

Dangote Group has said the planned nine million metric tonnes per annum expansion projects in Okpella , Edo State and Itori in Ogun State, are intact and work would commence soon.
A statement from the group yesterday quoted the Dangote Cement Plc, Group Executive Director, Devakumar Edwin, where he announced some production capacity expansion drives with the commencement of construction of new cement plants in two communities in the country.

He said the new plants are expected to add nine million metric tonnes per annum to the company’s current local cement output of 29.25 million metric tonnes, bringing it to a total of 38.25 million metric tonnes per annum.
Edwin, who made the announcement in Lagos, explained that the Okpella plant would be made up of one line and would produce a total of three million metric tonnes per annum, and the Itori plant which would deliver approximately six million tonnes per annum from two production lines.
Both plants are expected to come on stream within the next three years.
The company  also reacted to the protest staged by the youths at the weekend at the palace of the paramount ruler of Okpella Kingdom, Alhaji Yesufu Dirisu, over the alleged suspension of the project, urging him to ensure that Dangote Cement commenced construction without delay.
Speaking at the palace, the president of the Okpella Youths Forum, Mr. Christopher Kadiri, said the protest was informed by information reaching the youths that Alhaji Dangote had changed his mind about starting cement operations at Okpella at a time the youths were already expecting that more jobs were coming to them.

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