Aliko Dangote has taken another major step toward expanding Nigeria’s industrial capacity. The billionaire businessman recently signed a major agreement with Chinese engineering company Sinoma International to expand the Dangote Cement Plant in Itori, Ogun State.
Dangote Industries and Sinoma International signed the $800 million agreement to increase the plant’s production capacity and support Nigeria’s growing cement market.
The expansion project will help Dangote Cement meet rising local demand while increasing exports to international markets. Once completed, the project will double the plant’s annual production capacity from 6 million metric tonnes to 12 million metric tonnes. 
Aliko Dangote, President and Chief Executive Officer of Dangote Group, and Lin Zhong, Chairman of Sinoma International, formally signed the agreement.
The expansion will strengthen Dangote Cement’s ability to serve domestic customers and grow its presence in export markets. The project also supports the Federal Government’s policy of prioritising concrete construction for national road infrastructure.
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Aliko Dangote, president and CEO of Dangote Group, stated in a statement quoted by Vanguard that:
“this $800 million investment represents another bold step in our commitment to strengthening Nigeria’s industrial base and reinforcing our leadership in Africa’s cement industry.”
The project marks an important milestone in Dangote Cement’s Vision 2030 plan, which aims to increase annual production capacity to between 90 million and 100 million metric tonnes.
The expanded facility will also create new jobs and generate significant foreign exchange earnings through increased exports.
Vanguard reported that Sinoma Chairman, Lin Zhong stated that:
“The expansion of the Itori plant will not only increase production capacity but also strengthen Nigeria’s position as a strategic manufacturing and export hub for the African continent.”
As work moves forward, the expansion of the Itori cement plant is expected to boost industrial growth, support infrastructure development, create employment opportunities, and further strengthen Nigeria’s position as a leading manufacturing hub in Africa.
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