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Business News of Monday, 10 June 2024

Source: www.mynigeria.com

Dangote set to compete with Innoson, others as he builds truck assembly plant in Lagos

The photo used to illustrate the story The photo used to illustrate the story

Lagos State Governor, Babajide Sanwo-Olu, has revealed that the newly built Dangote Sinotruk West Africa plant can employ approximately 3,000 people and produce 10,000 trucks a year.

The Governor made this announcement during the unveiling of the CKD plant at Dangote Sinotruk West Africa Limited in Ikeja.

Sanwo-Olu said in a statement on X: “Today, I joined the President of the Senate, Hon. Godswill Akpabio for the commissioning of the CKD plant at Dangote Sinotruk West Africa Limited in Ikeja.”

“With the capacity to assemble and produce 10,000 trucks annually, Dangote Sinotruk West Africa is set to create about 3,000 jobs across Nigeria.

“Congrats to Alhaji Aliko Dangote for his remarkable efforts towards industrialisation in Nigeria and Africa.”
Senate President Godswill Akpabio attended the inauguration with the Lagos Governor.

During their visit to the Dangote refinery in Lekki, Sanwo-Olu expressed his gratitude that the refinery was built during "our time, in our state, and in our country."

He added, “People talk about dreams, but only a few can make it happen. Dangote has put Lagos State and the whole of Nigeria on the world map of excellence.”

“I am happy the Senate came to see for themselves; Dangote was not ready to rest after successfully building the largest cement factory chain in Africa, the second largest sugar refinery in the world.”

Sanwo-Olu added that he is confident Nigeria is on track to achieve its estimated $1 trillion GDP by 2030 with an investment such as the refinery.