Dangote Group Sets To Invest $160m On Coal Mining In Kogi Within 30 Days
Posted On Aug 3, 2016
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The Dangote Group of Companies has indicated interest in the mining sector of Kogi economy.
The chairman of the group and African Richest man Alh Aliko Dangote who described Kogi State as investment destination said his company is interested in investing the sum of One Hundred and Sixty Million US Dollars to open two coal mines in the state.
While on a visit to the governor of Kogi State, Alh Yahaya Bello, Dangote said his company was ready to commence the operation within the next 30 days.
Apart from his interest in the mining sector, Dangote said Massive investment in agriculture was also top of his agenda.
During the discussion held behind closed days, Governor Yahaya Bello said, Alhaji Dangote has shown commitment to cooperate with government on security, investments in mining and agriculture and to step up corporate social responsibility.
The challenges we face are enormous but we have no choice than to succeed, the Governor added.