Sokoto/BrewTech Sign N6.8bn Agreement For Cement Company



Share the news

wamakkoBy Abdoulaye Kay

Sokoto state government has entered into an agreement with BrewTech Nigeria Ltd for the establishment of a N6.8 billion cement company in Kware town.

Commissioner for Solid Minerals, Mallam Dahiru Maishanu, signed the contract on behalf of Sokoto State government on Tuesday while Mr. Michael Bjorn, the firm’s Project Manager, signed on behalf of the company.

A statement signed by Mallam Sani Umar, senior special assistant on media to Governor Magatakarda Wamakko and made available in Sokoto, on Wednesday, quoted Maishanu as saying that the company would provide a take off capital of N2.5 billion.

“The balance of the money is to be sourced from other investors, both local and foreign.

” The state government would provide the land, security, utilities and atmosphere conducive for the successful take off and operations of the proposed company.”

This, according to the statement, was aimed creating employment opportunities for the teeming youths across the state.

Bjorn said that the firm is expected to produce 6000 bags per day as well as create 400 direct and indirect jobs when it becomes operational.

“We also assure that the firm would source all its raw materials, 100 per cent, from Sokoto state,” he added.



Share the news
No tags for this post.