Kebbi Govt, MSM Cement Ltd Sign MoU To Build 3 Million-Ton Cement Factory In Land Of Equity, Targets 45,000 Direct, Indirect Jobs

Kebbi State Government has signed a Memorandum of Understanding (MoU) with MSM Cement Ltd to build a three-million-ton-per-annum capacity cement factory in the state.

A statement made available to Team@orientactualmags.com by Governor Nasir Idris’ Special Adviser on Media, Mr Yahaya Sarki noted that the MoU was jointly signed by the governor and Chairman of MSM Cement Ltd., Alhaji Mu’azzam Mairawani at the Kebbi Governor’s Lodge , Asokoro, Abuja.

Governor Idris reaffirmed his administration’s commitment to providing an enabling environment for the factory to thrive. He emphasized that the project would significantly boost economic growth and job creation in the state, with an estimated 45,000 direct and indirect jobs.

‘This is a great privilege for Kebbi, as many states would have wished for such an opportunity. Apart from creating jobs, the factory will add immense value to our economy. The Federal Government, the state, and our people will all benefit’ the governor said.

Governor Idris also acknowledged President Bola Tinubu’s commitment to infrastructural development, citing the recent award of the Koko-Dabai road contract as a testament to the strong partnership between Kebbi State and the Federal Government.

Chairman of MSM Cement Ltd., Alhaji Mu’azzam Mairawani, described the agreement as a milestone for Nigeria’s cement industry and Kebbi’s economic development. He noted that the company would deploy modern technology to produce MSM Kebbi Cement, leveraging the state’s rich limestone deposits and business-friendly environment.

‘This is more than just an MoU; it marks the beginning of a transformative journey that will reshape the industrial and infrastructural landscape of Kebbi and Nigeria’ he said.

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, highlighted the factory’s potential to boost exports, particularly through the African Continental Free Trade Agreement. He described the project as a testament to President Tinubu’s economic policies aimed at stabilizing the economy, attracting private investment, creating jobs, and reducing poverty.

Similarly, Minister of Budget and Economic Planning, Alhaji Abubakar Atiku-Bagudu, praised Governor Idris for attracting investors to the state, emphasizing that the Federal Government’s reforms have fostered a business-friendly environment for both local and foreign investors-Team@orientactualmags.com  Do you have any information you wish to share with us? Do you want us to cover your event or programme? Kindly send SMS to 08035023079, 09094171980 or get in touch via orientactualmag@gmail.com.  Thank you