Business News of Monday, 17 March 2025

Source: www.mynigeria.com

Dangote resumes Itori cement plant project

Billionaire businessman Aliko Dangote has reaffirmed his commitment to reviving the Dangote Cement Plant in Itori, Ogun State, citing Governor Dapo Abiodun’s intervention as the key reason for the project’s resumption.

Speaking after a meeting with the Governor, Dangote revealed that the project had suffered setbacks under the previous administration, with the site being demolished twice by former Governor Ibikunle Amosun. However, he credited Governor Abiodun’s pro-business policies and leadership for restoring investor confidence, paving the way for Dangote Cement’s return to Ogun State.

The Itori Cement Plant, set to become Dangote Cement’s fourth greenfield project in Nigeria, is expected to boost local production, create jobs, and enhance Ogun State’s position as a leading industrial hub in the country.