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Aliko Dangote has announced plans to build a large industrial and free trade zone in Olokola, Ondo State, to attract investors and boost manufacturingThe project will provide its own power, water, gas, and logistics infrastructure to help businesses operate without the challenges of inadequate utilitiesOndo State Governor Lucky Aiyedatiwa has welcomed the investment, saying it will create jobs, drive industrial growth, and strengthen the state’s economy
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Africa’s richest businessman, Aliko Dangote, has announced plans to establish a major industrial and free trade zone in Olokola, Ondo State, as part of efforts to attract investors, boost manufacturing, and tackle infrastructure challenges that have long hindered industrial growth in Nigeria.
Dangote disclosed the proposal during a visit to Governor Lucky Aiyedatiwa in Akure, describing the project as a transformative development that would create an enabling environment for businesses
