…Targets 2,000 jobs in cement factory establishment
From: Tunde Omolehin, Sokoto
As part of efforts to harness its abundant natural resources as well as creating job opportunities in the state, the Sokoto State Government said arrangements had been concluded with the World Bank to access $6 million as solid mineral intervention fund to support mining activities in the state.
Commissioner for Solid Minerals and Natural Resources Development, in the state, Barr. Bello Goronyo, stated this while speaking with journalists in Sokoto.
He said the move was to boost mining activities and harness the state’s abundant natural resources for the socio-economic benefits of the people in the state.
Goronyo also hinted that the state was making arrangement with the Dangote Group for the exploration and exploitation of phosphate with the aim of enhancing revenue generation of the state.
He added that the state government was targeting over 2,000 direct and indirect jobs in its new cement factory which will be built through public-private partnership (PPP),
He said already, AFDIN Construction Company has indicated interest to acquire 50 percent equity share in the company.
According to him, Governor Aminu Waziri Tambuwal has approved the expansion of the project from 300 tonnes to 1,500 tonnes of cement daily. The cost of the project, he said, was N2.3 billion for local content while $26.9 million was for foreign content but may increase depending on currency fluctuations.
He said that arrangements had reached an advanced stage for the establishment of a fertilizer plant under a public private partnership at the cost of N5bn.
The plant, he said, would produce NPK and SPP fertilizer which are in high demand.
His words: “In this regard, the plant will use our abundant phosphate and other local raw materials available in the state as input.”