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From Olanrewaju Lawal Birnin Kebbi
The Kebbi State government has signed a Memorandum of Understanding (MoU) with MSM Cement Limited to establish capacity cement factory in the state with a capacity to produce three million tonnes per annum.
The MoU was signed by the Kebbi State Governor, Dr. Nasir Idris and the Chairman of MSM Cement Limited, Alhaji Mu’azzam Mairawani, at the Kebbi Governor’s Lodge in Asokoro, Abuja.
Idris reaffirmed his administration’s commitment to providing an enabling environment for the factory to thrive, emphasized that the project would significantly boost economic growth and job creation in the state, with an estimated 45,000 direct and indirect jobs.
According to the statement made available to newsmen by the Special Adviser to the Governor on Media, Mallam Yahyah Sarki, Governor Idris described the agreement as great privilege for the people of the state.
“This is a great privilege for Kebbi as many states would have wished for such an opportunity. Apart from creating jobs, the factory will add immense value to our economy. The Federal Government, the state, and our people will all benefit,” the governor stated.
Governor Idris also acknowledged President Bola Tinubu’s commitment to infrastructural development, citing the recent award of the Koko-Dabai road contract as a testament to the strong partnership between Kebbi State and the Federal Government.
Chairman of MSM Cement Limited., Alhaji Mu’azzam Mairawani, described the agreement as a milestone for Nigeria’s cement industry and Kebbi’s economic development.
He noted that the company would deploy modern technology to produce MSM Kebbi Cement, leveraging the state’s rich limestone deposits and business-friendly environment.
“This is more than just an MoU; it marks the beginning of a transformative journey that will reshape the industrial and infrastructural landscape of Kebbi and Nigeria,” he said.
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, highlighted the factory’s potential to boost exports, particularly through the African Continental Free Trade Agreement. He commended the project as a testament to President Tinubu’s economic policies aimed at stabilizing the economy, attracting private investment, creating jobs, and reducing poverty.
Similarly, Minister of Budget and Economic Planning, Senator Abubakar Atiku-Bagudu, praised Governor Idris for attracting investors to the state, emphasizing that the Federal Government’s reforms have fostered a business-friendly environment for both local and foreign investors.
