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Dangote Cement to Invest N4bn in Projects in Ogun State

Cement trucks, operated by Dangote Cement Plc, deliver supplies to the construction site for the Eko Atlantic city project, developed by Eko Atlantic, near Victoria island in Lagos, Nigeria, on Friday, Feb. 12, 2016. Eko Atlantic city is an area of land reclaimed from the Atlantic ocean being developed into 10 million square meters of real estate. Photographer: George Osodi/Bloomberg

Dangote Cement Commits Over N4bn to Projects in Ogun State

Dangote Cement Plc has said it will be spending over N4 billion on various projects in 14 host communities in Yewa, Ogun State.

The company disclosed this on Sunday in a statement signed by Mr Francis Awowole-Browne, the Media and Community Relations Manager of Dangote Industries Limited.

“Since the inception of Dangote Cement in Ibese, in the last eight years of creation in Ogun, we have focused on construction and repairs of roads, the building of blocks of classrooms, construction and repairs of healthcare facilities.

“We have also provided boreholes, some electricity transformers, among others,” he said.

The company listed the projects as the creation of 40 classrooms, three health centres, 22 boreholes and provision of three transformers totalling N4.1 billion.

“Education is power, skill is power, and Dangote cement places a premium on education and skills acquisition; that is why we are encouraging our people to be educated,” he said.

Other ongoing projects were 18 classrooms, four roads, one borehole, one health centre and five transformers estimated at N278 million.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.