Dangote Injects over N63bn to Boost South-east Economy
The President of Dangote Group of Companies, Alhaji Aliko Dangote has so far invested over N63 billion to the South East economy of Nigeria by having trucks built for him at the Anambra Motor Manufacturing Company in Enugu.
Nneji, who is also the Managing Director, ABC Transport, stated that the partnership with Dangote had been on since the past five years through their subsidiary, TSS, which he said is the number one Chinese truck maker. ANAMMCO is a plant built and commissioned in 1980, by the federal government, which used to be in collaboration with Mercedes Benz. The Auto Industry had since gone down over a long period, prior to the inception of the automotive policy, he said.
“The ANAMMCO plant was shut down, and there was no activity until Shacman came here and we had an agreement; so we started skeletally. Until we offered the logistic solution to Dangote and the production facility of ANAMMCO, before operation commenced in 2016,” he said. Since 2016 till now, courtesy of Dangote Group, Onne Port has had over 3,000 containers coming into this place, so you see how we explore capacity by utilising the local capacity available due to Dangote Group patronage,” he said.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dangote invests N63bn in South-East – Daily TrustWith the supply of over 3,500 units of locally assembled Shacman trucks at the production plant of Anambra Motor Manufacturing Company (ANAMMCO), Enugu, Dangote Group has invested over N63bn in the South East, Daily Trust can report. The order was delivered over a period of five years after Dangote Group signed an agreement with Transit …
Read more »
PDP to APC: Don't heat up polity, set South South on fire over Bayelsa – Daily TrustThe Peoples Democratic Party (PDP) has cautioned the All Progressives Congress (APC) against heating up the polity and embarking on clandestine moves that would set the South South region on fire over the Bayelsa state governorship tussle. The Supreme Court had on February 13, 2020, sacked David Lyon of the All Progressives Congress (APC) as …
Read more »
Amotekun: South-South not considering joint security outfit, say govs
Read more »
South Sudan President, Rebel Leader Strike Peace Deal | Sahara ReportersSouth Sudan President, Rebel Leader Strike Peace Deal | Sahara Reporters President Salva Kiir witnessed the moment at a ceremony at the State House in the capital, Juba. READ MORE:
Read more »
South Africa's Zuma returns from medical trip to CubaZuma returned home on Saturday after a month-long trip to Cuba for medical treatment and declared he was not afraid of prison
Read more »
I’m not afraid of prison – South Africa’s ex-president, Jacob Zuma
Read more »