Local and foreign companies have the opportunity to construct and operate a cement manufacturing plant in Sokoto State, situated in north-west Nigeria. The country has a huge shortage of cement and with the current construction boom demand is poised to stay high.
Sokoto State has one the largest deposits of limestone, phosphate and gypsum in Nigeria. Mineral deposit surveys of Nigeria indicate the Dange and Shuni Belt down to Wamakko and Kalambaina is very rich in these three minerals. Limestone and gypsum are major ingredients in the production of Portland cement.
The state is already home to one cement company, the Cement Company of Northern Nigeria, but the current administration is looking for more investors to establish plants.
Reasons to invest in Sokoto State:
Availability of affordable labour: Sokoto State has an abundant supply of affordable skilled and unskilled labour.
Incentives: The Sokoto State Government is willing to extend a number of incentives to serious investors. These include the provision of land and infrastructure, tax holidays and assistance with obtaining financing.
Market: Nigeria, with its population of close to 150 million provides a massive market for cement. The country also enjoys favourable trade arrangements with the ECOWAS (Economic Community of West African States) region.
Stable political climate: Since its return to civilian rule in 1999 Nigeria has made significant gains in establishing democracy. Besides a few localised problems in the Niger Delta area, the country is safe and secure to do business.
For more information on this and other investment opportunities in Sokoto State's mining and manufacturing sectors please contact Dr Buhari Bello Kware, of the Sokoto State Investment Promotion Committee at invest.showcase.comm.sokoto@live.com
