Discerning the footpath of Aliko Dangote and Abdul Samad Rabiu, lessors of Dangote and BUA Cement Plants, Investment baron Alhaji Dahiru Barau Mangal is put to construct a Cement Factory and a Power Plant
By Abdul Rahman Bangura–
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone – Dahiru Mangal Industries has approved a $600 million (about N246.3 billion) pact with China Sinoma International Engineering, to construct a three–million metric ton per annum cement plant with 50 megawatts (MW) of captive power plant in Kogi State,
same State hosting Dangote’s Obajana Cement.
The Chief Executive Officer – Dahiru Mangal Industries, Engr. Fahad Mangal, who confirmed this in a statement, let out the project which is part of its development policy, is foreseen to be finished in 2024. Mangal asserted, the factory will count on the nicest accessible technology for cement production and in line with the increased
“It is designed to be one of the most sustainable in the sector,” the statement asserted. Mangal is subsidizing strategically in the West African cement industry to stimulate the Nigerian economy in a bid to link the massive infrastructure and housing depletion in the largest economy of the region. This enterprise strengthens Mangal’s responsibility to Nigeria’s growth and expresses its belief in the positive expectation of the economy
in the country and the region, the statement let out.
Mangal is the Chairman of Max Air Limited, an effective airline operating domestic, regional and international flight network. His other enterprises include transportation, oil and gas and construction, according to report. In the construction sector, Mangal acquires Afdin Construction Limited which delivered numerous roads in Katsina, amongst others.
He is moreover, the Chairman of Dragon Oil and Gas, with over two decades of prosperous track record and laudable achievements. He successfully captained the company to an enviable altitude of being one of the major private airlines in Nigeria.
According to his profile on the oil and gas website, Mangal is a business mogul, entrepreneur, industrialist, and philanthropist with businesses and interests in many sectors in Nigeria, West Africa and the Middle East, comprising Air and Land transportation, Oil and Gas, Banking, Agriculture, Construction, Real Estate, Mining among others.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent