A $2 billion (about N300 billion) fertilizer plant, the biggest in Africa to be sited in Agenebode, Edo State
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 to build Africa's biggest fertilizer plant in Agenebode, Edo State.Alhaji Dangote, listed by Forbes Magazine as Africa’s richest man, said “Yes we will build the biggest fertilizer plant in Africa here in Edo State.”
“It is a commitment and I am reassuring you, 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.”
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