Economy
Dangote Reveals Plan To Build 6 Mta Cement Plant In Itori, Largest Seaport At Olokola, Ogun state

Dangote Reveals Plan To Build 6 Mta Cement Plant In Itori, Largest Seaport At Olokola, Ogun state
Dangote reveals plan to build 6 Mta cement plant in Itori, largest Seaport at Olokola and Ogun state. He said Ogun State is one of the most attractive investment destinations in Nigeria.
Africa’s foremost Industrialist and President of the Dangote Industries Limited, Aliko Dangote, has disclosed his plan to build in Ogun State, a multi-billion-dollar Seaport, which will be the largest in Nigeria.
He also said two new lines with a capacity of 6.0 million metric tons per annum, (Mta), for the cement plant is being constructed at Itori
Addressing the Ogun State Executive Council led by the Governor, Prince Dapo Abiodun during a courtesy visit, to the governor in his office at Oke-Mosan, Abeokuta, Dangote said he has decided to return and invest in Ogun State because of the Prince Dapo Abiodun administration’s vision and deliberate policies that focus on attracting investors, as well as the investor-friendly climate that exists in the state.
He said Ogun State is one of the most attractive investment destinations in Nigeria, positioning itself as the manufacturing ‘bedrock’ of Nigeria.
According to him:”We had earlier abandoned our vision of investing in the Olokola Free Trade Zone (OKFTZ), but because of your policies and investor-friendly environment, I want to say we are back and will work with the state government to return to Olokola, and plans are underway to construct the largest port in the country,” he pledged.
“I would especially like to commend, in a special way, my good friend and brother, Your Excellency, the governor of Ogun State, for your vision and deliberate policies that focus on attracting enterprises through immense support for the private sector, which is now attracting investors.
“Our factory at Itori was pulled down twice. When we started the second time, they not only demolished the factory but also the fence, so we left. But right now, because of His Excellency, our governor, Prince Dapo Abiodun, we are back. When you visit the factory, you will be surprised at what we have done.
Giving an update on the company’s ongoing projects in the state, Dangote said two new lines with a capacity of 6.0 million metric tons per annum for the cement plant is being constructed at Itori, while the 12 million metric tons per annum cement plant is also located at Ibeshe.
Upon completion, the Dangote assured, the total capacity of the company’s cement plants in the state would be in the neighborhood of 18 million metric tons per annum, making it the highest cement-producing state or region in Africa.
“With the contributions of other cement producers in the state, Ogun remains far ahead of other countries across Africa in terms of cement production,” he said.
Dangote Cement, according to the Dangote Group President, is the leading cement producer in Africa with a capacity of 52.0 million metric tons per annum across the African continent.
He added that 70 percent of the production is carried out in Nigeria, with the Obajana plant in Kogi State accounting for 16.25 million metric tons per annum, the largest in Africa.
He said investment in the manufacturing of the product has made the nation self-sufficient in cement, just as the country is now self-sufficient in fertilizer, with the surplus going to the export market, thus earning the nation the needed foreign exchange.
While noting that the company’s target is to make Nigeria self-sufficient in whatever it consumes, Alhaji Dangote informed that the company is currently meeting domestic demand for Premium Motor Spirit (PMS) from its 650,000 barrels per day refinery at Ibeju-Lekki, as well as refined aviation fuel and Liquefied Petroleum Gas (LPG).
Nigeria, he said, is a growing economy; hence the need for private companies to complement government efforts, assuring that his company would continue to demonstrate its belief in the nation and its people by making investments targeted at transforming the nation’s economy.
He appreciated traditional rulers and the people of Itori for their support and partnership, which enabled the smooth and speedy take-off of the cement plant, adding that the encouragement from the people of Yewaland had fostered smooth operations, assuring continued adherence to its Corporate Social Responsibilities to the host communities.
Responding, Governor Abiodun described the day the Dangote Refinery groundbreaking was performed in Lagos as “the day of heartbreak for the sons and daughters of Ogun State as they watched helplessly on television,” saying it was an indication that the project had left Olokola.
He said: “I want to thank you for coming back to Ogun State and also for your belief and trust in your country, Nigeria. I want to thank you for all that you have done, the number of people you have employed, and the impact you continue to make not just in this state, but in Nigeria as a whole.
“The way you selflessly continue to promote this country all over the world, we can’t thank you enough. Your life and story continue to be an inspiring narrative for all young men. You have excelled in everywhere you touch; you have the Midas touch.
“These are indeed giant strides. For us in Ogun State, we welcome your return to the state. Today is a historic day, March 17, 2025, the same March when you did the groundbreaking in Lagos for the refinery, and you are now coming back in the month of March to Ogun State.
“Not only have you chosen to complete Itori, but you have also chosen to come back and develop the biggest port in Nigeria. For this, I thank you.”

Dangote
Abiodun emphasized that with the establishment of the Itori cement plant, proposed to produce six million metric tons of cement per annum, and the existing Ibeshe plant, producing 12 million metric tons, cement production in the state would total 18 million metric tons per annum, making it the largest cement producer in Nigeria and sub-Saharan Africa.
The governor lauded the company for not shirking its Corporate Social Responsibilities to the host communities, just as it is currently constructing the Inter-change-Papalato-Ilaro road, assuring that his administration is ready to work with the company for the good of the state and the nation as a whole.
Alhaji Dangote and his team later led the Governor to the New Cement Plant under construction at Itori.
The team was received by traditional rulers from host communities in Yewaland led by Olu of Itori, Oba Abdulfatai Akorede Akamo who praised Alhaji ALIKO for His patriotism as displayed in his many investments which have led massive job creation and communities development
The Governor and Alhaji Dangote entourage also inspected the ongoing Papalanto concrete paved road being constructed under the tax Credit scheme of the federal government.
Economy
Sanwo-Olu Swears In 8 New Permanent Secretaries

Sanwo-Olu Swears In 8 New Permanent Secretaries
Sanwo-Olu swears in 8 new permanent secretaries. With this batch, Mr Sanwo-Olu has sworn in 111 permanent secretaries—the highest in the state’s history.
Lagos State Governor Babajide Sanwo-Olu has sworn in eight newly appointed permanent secretaries, urging them to embrace the THEMES Plus developmental agenda with vigour.
The governor gave the charge during the swearing-in ceremony on Thursday at the Banquet Hall, Lagos House, Ikeja.
Mr Sanwo-Olu described the new appointees as drivers of innovation, tasked with formulating policies to improve the lives of Lagos residents.
“As you take office, embrace the development agenda with renewed energy, working towards sustainable progress and prosperity for all Lagosians,” Mr Sanwo-Olu advised.
He reiterated that Lagos State prioritises excellence to ensure the best hands tackle social and economic challenges facing the state.
“With your elevation comes greater responsibility and expectation. You are entrusted with public service and must lead by example at all times.
“We expect nothing less than excellence, which has earned you this position through your hard work and dedication,” the governor said.
Mr Sanwo-Olu emphasised that governance is a collective effort, urging collaboration with colleagues and citizens for effective service delivery.
“Engage with feedback, respond constructively to criticism, and always prioritise the public good over personal interests,” he stated.

Sanwo-Olu
The head of service, Bode Agoro, said the appointments aim to revitalise civil service structures for the benefit of Lagos residents.
The new permanent secretaries include Abiola Idowu, Health Facilities Monitoring and Accreditation Agency, and Olarewaju Adebanjo, Citizens Mediation Bureau.
Others are Olarenwaju Bajulaye, Ministry of Arts, Culture and Tourism; Also Mahmood, Ministry of Finance; Wasiu Agbabiaka, Civil Service Commission.
Gbolahan Oki, Urban Development, Ministry of Physical Planning, and others were also sworn in and assigned to various portfolios
With this batch, Mr Sanwo-Olu has sworn in 111 permanent secretaries—the highest in the state’s history.
Economy
NYSC To Pay Corps Members N77,000 Monthly From March Says DG

NYSC To Pay Corps Members N77,000 Monthly From March Says DG
NYSC to pay Corps members N77,000 monthly from March says DG. The Director General of the National Youth Service Corps (NYSC), Brigadier General Olakunle Oluseye Nafiu, has announced that corps members will receive an increased monthly allowance of N77,000 starting March 2025.
Speaking in Abuja, Nafiu reaffirmed the Federal Government’s commitment to corps members’ welfare, assuring them of timely payments.

NYSC
He praised the NYSC’s role in promoting national unity and urged members to remain dedicated and disciplined.
“With effect from March, you will receive Seventy-Seven Thousand Naira as your monthly allowance. The nation and the scheme appreciate your service,” he stated.
Corps members expressed gratitude for the increment, commending the NYSC management for its efforts.
Crime
High Court Rejects EFCC’s Additional Proof Evidence On Emefiele

High Court Rejects EFCC’s Additional Proof Evidence On Emefiele
High Court rejects EFCC’s additional proof evidence on Emefiele. Justice Hamza Muazu of the Federal Capital Territory High Court Abuja, has rejected the additional proof of evidence brought by the Economic and Financial Crimes Commission (EFCC) against a former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in the alleged procurement fraud trial brought against him.
Delivering ruling in a motion on notice filed by Emefiele to object to the action of the EFCC, Justice Muazu held that the Commission had on February 12, 2024, first filed additional proof of evidence against the former CBN governor to accommodate the evidence of a former Secretary to the Government of the Federation, Boss Mustapha and one Bamayi Haruna Mairiga.
The judge, who noted that the charge against Emefiele was filed since August 14, 2023 and his plea taking on November 16, 2023, said that the action of the EFCC would amount to denial of fair trial because the former governor of CBN was not confronted with the new evidence during investigation as required by law.
Justice Muazu further added that the action of EFCC amounted to trial by ambush and a clear case of fishing for evidence in the trial that commenced since November 28, 2023.
Justice Muazu pointed out that allowing the additional proof of evidence after the charge had been amended severally was prejudicial to the defendant, as his right to fair hearing is being breached.

Emefiele
The judge held that the position of the law is that the charge was filed upon the completion of investigation and prima facie case established against any defendant in a criminal matter, adding that in the instant case, the contrary is the case.
The judge however, declined to strike out the charge for being a product of incomplete or ongoing investigation and therefore speculative as claimed by Emefiele.
Justice Muaza said that the charge cannot be struck down because both the defendant and the prosecution had joined issues with each other and trial almost completed.
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