The groundbreaking ceremony of a $2 billion (about N300 billion) fertilizer plant, the biggest in Africa to be sited in Agenebode, Edo State will be done before the end of January, next year. Disclosing this at a reception in Benin City, Monday, as part of activities to mark the 2nd term inauguration of Governor Adams Oshiomhole, President of Dangote Group, Alhaji Aliko Dangote, said arrangements had been concluded for the ceremony this December or before the end of January 2013.
Alhaji Dangote, listed by Forbes Magazine as Africa’s richest man, said the company which was expected to employ more than 10,000 people directly and indirectly would be completed in three years. He said: “Yes we will build the biggest fertilizer plant in Africa here in Edo State.” According to the industrialist, “Comrade Oshiomhole has done on road, infrastructure, but now he’s going to deliver on job creation.
We will partner with him to make sure he gives us a conducive environment to create jobs here in Edo State. “He has already mentioned that we will set up a fertiliser plant here in Edo State. I am sure he wants me to reaffirm that, yes, we will build the biggest fertilizer plant in Africa here in Edo State. “It is a commitment and I am reassuring you, your excellency, by this year, either in December this year January, next year, we will perform the groundbreaking ceremony in Edo State. It will be at a cost of $2 billion.
“I am reassuring you, in the presence of everybody, that in the next three years, Edo State will be exporting fertilizer from here to other parts of Africa.”