Tuesday 22 January 2013

Dangote plans $2b fertilizer plant in Edo state

The Dangote Group and Nigeria’s Edo State government have concluded plans to set up one of Africa’s largest fertilizer plants in Africa valued at $2 billion.
To this end, the groundbreaking ceremony of the fertilizer plant has been slated to take place before the end of January next year.
President of Dangote Group, Alhaji Aliko Dangote announced this at a reception for guests shortly after the swearing-in of Governor Adams Oshiomhole for his second term of office. He
Aliko Dangote: plans big fertilizer plant
said the fertilizer plant to be sited at Agenebode, Etsako East local government area of Edo state would employ more that 10, 000 people directly and indirectly when completed in three years’ time.“Yes, we will build the biggest fertilizer plant in Africa here in Edo State,” Dangote said, adding “Comrade Oshiomhole has delivered on roads, infrastructure, but now he’s going to deliver on job creation. We will partner with him to make sure he gives us a conducive environment to create jobs here in Edo State.
“He has already mentioned that we will set up a fertiliser plant here in Edo State. I am sure he wants me to reaffirm that. Yes, we will build the biggest fertilizer plant in Africa here in Edo State.
“It is a commitment and I am reassuring you, your excellency, by this year, either in December of January, next year, we will perform the groundbreaking ceremony in Edo State. It will be at a cost of $2 billion.
“I am reassuring you, in the presence of everybody, that in the next three years, Edo State will be exporting fertilizer from here to other parts of Africa.”
PMNews

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