Dangote invests $160m in developing coal mine in Kogi



…To support Kogi government diversify economy

Oscarline Onwuemenyi

08 August 2016, Sweetcrude, Abuja – The Chairman of Dangote Group, Alhaji Aliko Dangote has disclosed that his company has sunk over $160 million in a developing a coal mine in Kogi State, even as he promised to support Kogi State government’s effort to diversify its economy and create jobs for its citizens.

Dangote made the pledge at the weekend at the Kogi State Government House, Lokoja, during a courtesy visit to Governor Yahaya Bello in the ‘New Direction Agenda’ policy of the state government.

Dangote, who came with his special adviser on industries, Mr. Stephen Makoju, said the stride was for joint development with the state, adding that the Group was more determined than ever to come to the help of the state in diversification of its economy in massive job creation, agricultural development and building of roads, which had become more important in the life of the state and the country.

He also pointed out some of his company’s investment in the state, especially in the mining and minerals sector, adding that $160 million had been sunk into the coal mine in Ankpa and the building of the road, which had also gulped N5.2 billion.

Earlier, Governor Yahaya Bello expressed the state’s determination to ensure that Dangote succeeds as number one cooperate entity to be appreciated in the area of support, saying, “We will ensure the necessary support to Dangote for his successes as concerning Kogi State and its citizens.”

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