Dangote invests N63bn in S’East economy in 5 years

Posted by Motolani Oseni | 9 months ago | 203 times



Dangote Group has in the last five years invested over N63 billion in the South East with the purchase of over 3,500 units of locally assembled Shacman trucks at the production plant of Anambra Motor Manufacturing Company (ANAMMCO), Enugu.

The order was delivered over a period of five years after Dangote Group signed an agreement with Transit Support Services (TSS), a subsidiary of ABC Transport Plc. 

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The partnership started in 2016 with an initial order of 350 Trucks by Dangote and currently no fewer than 3,500 trucks have been supplied to Dangote from the ANAMMCO plant. Each of the trucks costs over N18 million.

Speaking at the weekend after a tour of the expansive ANAMMCO plant which was filled with Dangote trucks undergoing semi-knocked down (SKD) production, Chairman of TSS, Mr Frank Nneji said if not for Dangote’s magnanimity and his commitment to empower local manufacturers, the ANAMMCO plant would have remained perpetually moribund.

According to him, the revival of ANAMMCO was made possible by Dangote’s patronage “in identifying a plant that has capacity in the South-East, in Enugu to give us the opportunity to produce trucks locally instead of importing them.”

 “And of course you know what it does for us here in the South East. For more than seven years this plant was shut down. There was no activity here until we made an agreement with Shacman group and started skeletally. But we were only to start full step production when we offered the logistics solutions to Dangote and the production facility of ANAMMCO way back in 2016. That was the time we signed an agreement for the first 500 units of trucks,” he added.

 “What we are saying in ANAMMCO coming back is actually as a result of this auto policy. This is one of the benefits. And the second thing is the benefit of Dangote’s patronage in identifying a plant that has capacity in the South-East, in Enugu to give us the opportunity to produce trucks locally instead of importing them.

 “What this initial capacity surge did was to ensure that all the staff of ANAMMCO who had been at home had to come back to work. Some local suppliers, lubricants, electrolytes and the rest of them also had to come back to doing business. And it goes even further than that because we are in Enugu, we used the Onne Ports to bring in these goods. You know many people are complaining that Onne Port is moribund, no good is coming. Of course, we directed all the containers here and from 2016 up till now courtesy of Dangote, the Onne Port has handled more than 3000 containers coming to this place”, he said. 

General Manager, Media, Dangote Group, Mr Sunday Esan, said the group is satisfied with the Shacman Trucks churned out from Onne Ports, adding that the partnership would last for a long time as the group continues to expand across its various business segments. 

Esan added that as the Dangote refinery comes on stream, the group would require more trucks hence the sustained relationship with TSS/ANAMMCO. 

According to him, the massive investment in the South-East is contrary to the assumption that Alhaji Aliko Dangote, the President/CEO of Dangote Group is not patronising local manufacturers.

“This is why he agreed we should come and see how ANAMMCO plant has come alive, the impact he has made in the country and the employment this patronage has generated,” he said.


Source: Daily Times
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