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Dangote Industries is investing over $800 million to expand the Itori cement plant in Ogun State, doubling production capacity from six million to 12 million tonnes annually.
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The expansion is expected to strengthen local cement supply, increase exports, generate foreign exchange earnings, and create more jobs across the value chain.
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Dangote says the project aligns with its Vision 2030 production target and Nigeria’s industrialisation drive, supported by growing demand for concrete roads.
Aug 03, (THEWILL) — Dangote Industries Limited has committed more than $800 million to expand its cement plant in Itori, Ogun State, doubling the facility’s production capacity from six million to 12 million metric tonnes per annum as it positions for rising local demand and increased exports across Africa.
The investment follows the signing of a Memorandum of Understanding between Dangote Industries and Sinoma International Engineering Co. Ltd, the Chinese engineering firm that has partnered the group on several cement projects across the continent.
The agreement is expected to significantly strengthen Dangote Cement’s production capacity while reinforcing Nigeria’s position as one of Africa’s leading cement manufacturing hubs.
$800m investment to double production capacity
Speaking at the signing ceremony, President of Dangote Group, Aliko Dangote, described the expansion as a major milestone in the company’s long-term growth strategy and its commitment to supporting Nigeria’s industrialisation agenda.
He said the investment would double the Itori plant’s annual output from six million to 12 million metric tonnes, helping the company meet growing domestic demand while reinforcing its leadership in Africa’s cement industry.
Dangote also commended President Bola Tinubu for creating an enabling environment for businesses to thrive.
“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,” he said
Expansion targets exports and rising local demand
Dangote said the decision to expand the Ogun facility was influenced by Nigeria’s renewed push to adopt concrete road construction and the company’s ambition to increase exports to other African markets under its Vision 2030 strategy.
According to him, the group aims to raise its total cement production capacity to between 90 million and 100 million metric tonnes annually.
He added that the expansion would enhance the company’s export capacity, generate foreign exchange earnings, create jobs and contribute to economic growth across the continent.
Dangote noted that the partnership with Sinoma has played a key role in delivering several world-class cement plants across Africa and expressed confidence that the latest investment would further accelerate Nigeria’s industrial development.
Sinoma partnership strengthens manufacturing ambitions
Chairman of Sinoma International Engineering, Lin Zhong, described the agreement as another milestone in the long-standing partnership between both companies.
He said the project would further strengthen Nigeria’s position as a strategic manufacturing and export hub while demonstrating growing international confidence in the country’s industrial sector.
According to him, Sinoma will deploy its engineering expertise, advanced technology and global experience to deliver the expansion to world-class standards.
Lin added that strategic partnerships such as the one between Dangote Industries and Sinoma remain critical to driving industrialisation, infrastructure development and sustainable economic growth across Africa.
Upon completion, the expanded Itori facility is expected to serve as one of Dangote Cement’s major production and export hubs, supplying cement to domestic and international markets while supporting Nigeria’s ambition to become a leading manufacturing powerhouse.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
