Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MOU) valued over $800 million for the expansion of the Dangote Cement Plant in Itori, in Ogun State in southwestern Nigeria, increasing its production capacity to 12 million metric tonnes per annum.
The agreement, which was signed by the President of Dangote Group, Aliko Dangote, and the Chairman of Sinoma, Lin Zhong, underscored the long-standing strategic partnership between the two organisations and their shared commitment to advancing industrial development in Africa.
Under the agreement, the expansion project will significantly increase the production capacity of the Itori plant, enabling Dangote Cement to further meet growing domestic demand, while substantially strengthening its export capabilities.
The investment is expected to reinforce Nigeria’s position as a leading cement-producing nation and expand the country’s footprint in regional and international cement markets.
Speaking at the signing ceremony in Lagos on Saturday, Aliko Dangote described the project as a major milestone in the company’s long-term growth strategy and its commitment to supporting Nigeria’s industrialisation agenda
While thanking President Bola Tinubu for providing the enabling environment for businesses to thrive, he attributed his decisions to expand the capacity of his cement Plant in Itori to the country’s new drive towards using concrete for its road construction and also to export to needy African countries, all in line with the company’s vision 2030 of producing 90 to 100 metric tonnes per annum
According to him, the expansion will not only boost production capacity, but also enhance the company’s ability to serve key export markets, generate foreign exchange earnings, create employment opportunities, and contribute to economic growth across the continent.
Dangote noted that the partnership with Sinoma has been instrumental in the successful delivery of several world-class cement manufacturing facilities and that the new investment further demonstrates confidence in Nigeria’s economic potential and the future of Africa’s manufacturing sector.
In his speech, the Chairman of Sinoma expressed delight at the renewed collaboration, stating that the company remains committed to deploying its engineering expertise and cutting-edge technology to ensure the successful execution of the project.
He emphasised that the expansion would strengthen the competitiveness of Dangote Cement and support the development of sustainable industrial infrastructure.
The Itori plant expansion forms part of Dangote Cement’s broader strategy to consolidate its leadership position in Africa’s cement industry through continuous investment in capacity enhancement, operational efficiency, and export-driven growth.
Local media reports said that the expanded facility would serve as a major production and export hub, supplying high-quality cement to both domestic and international markets while further advancing Nigeria’s ambitions as an industrial and manufacturing powerhouse.
GIK/APA