Nigeria: Dangote, Sinoma Sign $800m MOU to Expand Itori Cement Plant Capacity to 12 MTPA

What the report says

Dangote Industries Limited and Sinoma International Engineering Co. have signed a memorandum of understanding valued at more than $800 million to expand the Dangote Cement Plant in Itori, Ogun State, according to Vanguard, distributed by AllAfrica. The project is set to raise the plant’s annual capacity from 6 million metric tonnes to 12 million metric tonnes.

The agreement was signed by Aliko Dangote, president and chief executive of Dangote Group, and Lin Zhong, chairman of Sinoma. The two companies described the deal as part of a long-running partnership focused on cement manufacturing and industrial development in Africa. The announcement was made in the context of Nigeria’s push to strengthen local production and infrastructure capacity.

Vanguard reported that the expansion is intended to help Dangote Cement meet domestic demand while also increasing exports to other African markets. Dangote said the investment fits the company’s longer-term growth plans and its Vision 2030 target for annual output, and he linked the project to Nigeria’s broader industrialisation goals. Sinoma said it would provide engineering expertise and technology for the upgrade.

If completed as outlined, the enlarged Itori facility would serve as a larger production and export hub. More broadly, the project highlights continued foreign and domestic investment in Nigeria’s manufacturing sector, although final construction timing and delivery details were not specified in the supplied report.