Africa’s richest man, Dangote has kicked off the construction of Nigeria’s concrete roads.
He started the project with the Itori-Ibese concrete road in Ogun State. In due time it will extend to Lagos, Bauchi, Kogi and Kaduna States.
The 24 km Itori-Ibese concrete road was commissioned over the weekend by Nigeria’s Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola. The road will potentially be the longest concrete road in Nigeria.
The concrete road projects are reportedly being handled by Dangote constructions in a joint venture with the Brazilian top construction company, Andrade Gutierrez (AG).
During the occasion, Aliko Dangote said the use of cement concrete roads in Nigeria, will bring the Nigerian infrastructure to an international standard.
He says the use of concrete will produce much more durable roads. This will hopefully reduce the pace at which the Nigerian government constructs roads over and over with no lasting effects.
“Obviously, this calls for a review of our existing method of building roads in Nigeria. Roads play an important role in the social and economic development of any nation.”
Dangote embraces the construction of Nigeria’s concrete road projects as part of his Corporate Social Responsibility (CSR).
“In another CSR initiative, we are reconstructing the Ijora-Apapa Wharf Road in Lagos State, using cement concrete and within the next 18 months, we expect to complete the project and bring succor to Lagosians.”
“We have also recently been finally awarded the contract to reconstruct the 42 km Obajana-Kabba Road in Kogi State, in concrete.”
According to him, Nigeria’s concrete roads cost an estimated amount of N11.5 billion($57.8 million).
“The estimated cost of the project is N11.5 billion but the federal government has granted us a tax waiver to enable us to recoup part of the estimated cost at N5.6 billion in tax credits and the balance will be our donation as part of our CSR.”
It is good news to know that for a change Nigeria is making good use of what they produce. Nigeria currently leads in cement production in Africa; with over 40 million metric tonnes of cement per annum.
Fashola appreciated the efforts amongst other patriotic moves from Africa’s richest man, Aliko Dangote. He urged other indigenous investors to borrow a leaf from him.
He stressed that the best part of constructing Nigeria’s concrete roads is that they are cheaper, more durable and environmentally friendly.