Nigerian Industrialist and Billionaire Investor,
Aliko Dangote has announced that he would build four new sugar factories in Sokoto and Kebbi states. He revealed this during a courtesy visit to the Governor of Sokoto, Aliyu Wamakko. He said the factories should cost around N200 billion and should be operational in four years.
He said, “They will collectively produce one million tonnes of sugar per year and the plantations will be spread in the two states. The factories will also produce 150 megawatts of electricity which will boost electricity supply to the two states.”
“Sugar is as good as oil and no government, except the Federal Government can provide such a huge number of jobs. The gesture is aimed at further boosting the socio-economic development of the North West, North and Nigeria generally.”
Governor Wamakko in his response, thanked Dangote and expressed the availability of his state for more industries. He said, “This is one of my happiest days; Sokoto State is richly endowed with abundant land and a myriad of natural and mineral resources, ranging from limestone, gold and copper among others. We have provided the enabling environment for all industries to thrive. I must also appeal to other wealthy northerners and Nigerians to use their wealth positively to touch the lives of their fellow citizens who are less endowed.”
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This article was first published on 24th May 2013 and updated on May 31st, 2013 at 12:34 pm
Comments (3)
Nigerian Industrialist and Billionaire Investor, Aliko Dangote has announced that he would build four new sugar factories in Sokoto and Kebbi states. He revealed this during a courtesy visit to the Governor of Sokoto, Aliyu Wamakko. He said the factories should cost around N200 billion and should be operational in four years.
He said, “They will collectively produce one million tonnes of sugar per year and the plantations will be spread in the two states. The factories will also produce 150 megawatts of electricity which will boost electricity supply to the two states.”
“Sugar is as good as oil and no government, except the Federal Government can provide such a huge number of jobs. The gesture is aimed at further boosting the socio-economic development of the North West, North and Nigeria generally.”
Governor Wamakko in his response, thanked Dangote and expressed the availability of his state for more industries. He said, “This is one of my happiest days; Sokoto State is richly endowed with abundant land and a myriad of natural and mineral resources, ranging from limestone, gold and copper among others. We have provided the enabling environment for all industries to thrive. I must also appeal to other wealthy northerners and Nigerians to use their wealth positively to touch the lives of their fellow citizens who are less endowed.”
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