Dangote Builds Another Project in Lagos to Compete with Innoson Vehicle, Others, Photos Trend

Dangote Builds Another Project in Lagos to Compete with Innoson Vehicle, Others, Photos Trend

  • On Sunday, a fully knocked down CKD truck assembly plant owned and operated by Dangote Sinotruk West Africa opened in Lagos
  • Speaking on the project, Babajide Sanwo-Olu asserted that the Ikeja plant, which has the capacity to produce 10,000 vehicles annually, can employ about 3,000 people in Nigeria
  • The state governor expressed certainty that Nigeria, with an investment like the refinery, can reach its projected $1 trillion GDP by 2030

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Dangote Sinotruk West Africa opened a fully knocked down CKD truck assembly plant in Lagos on Sunday, June 9.

Dangote builds another project in Lagos state
Sanwo-Olu says Nigeria on track to achieve its estimated $1 trillion GDP by 2030. Photo Credit: @jidesanwoolu
Source: UGC

Senate President Godswill Akpabio and Lagos Governor Babajide Sanwo-Olu were present at the inauguration.

Sanwo-Olu claimed in a statement published on X that the Ikeja plant, which can build 10,000 trucks a year, can employ roughly 3,000 people in Nigeria.

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Sanwo-Olu said:

“Today, I joined the President of the Senate, Hon. Godswill Akpabio for the commissioning of the CKD plant at Dangote Sinotruk West Africa Limited in Ikeja.”
“With the capacity to assemble and produce 10,000 trucks annually, Dangote Sinotruk West Africa is set to create about 3,000 jobs across Nigeria.
“Congrats to Alhaji Aliko Dangote for his remarkable efforts towards industrialisation in Nigeria and Africa.”
Dangote Builds Another Massive Project

A visit to Dangote refinery

Akpabio and Sanwo-Olu visited the Dangote refinery in Lekki, a part of Lagos state, on June 9, 2024.

Sanwo-Olu stated during the trip that it was an honour that the refinery was built in "our time, our state, and our country."

He added:

“People talk about dreams, but only a few can make it happen. Dangote has put Lagos State and the whole of Nigeria on the world map of excellence.”

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“I am happy the Senate came to see for themselves; Dangote was not ready to rest after successfully building the largest cement factory chain in Africa, the second largest sugar refinery in the world.”

Sanwo-Olu added that he is confident Nigeria is on track to achieve its estimated $1 trillion GDP by 2030 with an investment such as the refinery.

Dangoote truck

Dangote Refinery commences sale of petroleum product

Legit.ng earlier reported that Devakumar Edwin, the executive director of the Dangote Group, announced on Tuesday, March 2, that the Dangote Refinery has started supplying petroleum products to the local market.

As reported by Reuters, this was verified by executives belonging to various associations of petroleum marketers.

The president of the Independent Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, spoke about selling diesel into the local market.

Proofreading by James Ojo Adakole, journalist and copy editor at Legit.ng.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng

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