555
555 points
Loading...
VENTURES AFRICA – Nigeria’s newest cement operator, the International Cement Company Limited (ICCL) has said its cement factory located in Sagamu, Ogun State, a prime industrial cluster, is expected to begin operation by in 2016, a move that could alter what is considered a duopoly of the market, with Africa’s top cement producer Dangote and French producer Lafarge holding a majority of the market share.
International Cement Company Limited (ICCL) sits on 1,415 hectares of land, covering nine communities including Ayetoto, Makun and Sagamu.
ICCL Managing Director, Ken Mordi said the company has obtained a 21 year operational licence and has received $500 million from China’s Export-Import Bank to allow a smooth entry phase. It has also employed Cesa, a cement engineering firm as a consultant for the project, confirming its seriousness to break the existing status quo.
On its production capacity, Mordi said “a total of 3,600 tonnes of cement will be produced per day. Eighty percent shall be bagged and 20 percent will be bulked.” About 3,000 direct jobs will also be provided to Nigerians at the launch of the company’s operation.

If you enjoyed this post please share with your friends using any of the social networks below. Thank you.

Loading...
LATEST NEWS & JOBS SUBSCRIPTION

Be 1st to know! Join over 8000+ others receiving our latest news, job vacancies, and other cool stuff direct to their inbox.

Thank you for subscribing.

Something went wrong.

Powered by Best Social Sharing Plugin for WordPress Easy Social Shre Buttons


Like it? Share with your friends!

555
555 points

What's Your Reaction?

Lol Lol
0
Lol
Love Love
0
Love
angry angry
0
angry
Like Like
0
Like
Dislike Dislike
0
Dislike
omg omg
0
omg
Admin

0 Comments

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Please Share

Spread the word. Let your friends know!
Later
This window will automatically close in 14 seconds
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format
LATEST NEWS & JOBS SUBSCRIPTION

Be 1st to know! Join over 8000+ others receiving our latest news, job vacancies, and other cool stuff direct to their inbox.

Thank you for subscribing.

Something went wrong.

Powered by Best Social Sharing Plugin for WordPress Easy Social Share Buttons
LATEST NEWS & JOBS SUBSCRIPTION

Be 1st to know! Join over 8000+ others receiving our latest news, job vacancies, and other cool stuff direct to their inbox.

Thank you for subscribing.

Something went wrong.

Powered by Best Social Sharing Plugin for WordPress Easy Social Share Buttons