Some few Months after Ibeto Group Started building it's Cement Plant, others are joining from Nigeria & Abroad!.

Details shortly!

biko, I need updates. i am currently on a project now. i dont really have much time.

Ex-Borno gov eyes cement production in Ebonyi
October 26, 2015
…Commiserates with Umahi
A company owned by a former Borno State Governor, Ali Modu-Sheriff, has renewed talks with the Ebonyi State government for the establishment of a cement plant in Ebonyi State.

Ali Modu
Modu-Sheriff, who was received by the state Executive Council in Abakaliki weekend said his firm was interested in the state because of its large deposit of natural resources for cement production.
“Ebonyi State has the largest deposit of limestone and kaolin in the South-East zone of the country. Limestone and kaolin are the two main mineral resources needed to produce cement,”Modu-Sherrif said.
He noted that his company was currently studying a Memorandum of Understanding with the state government to execute the project, as it was optimistic of succeeding unlike other organizations in the past.
Modu-Sheriff said: “The state governor has shown great resolve to develop the state as we have always succeeded with serious-minded people like him who are determined to diversify their state’s economy.”
The former governor noted that since the country was experiencing economic down-turn because of the drastic drop in oil revenue, serious economic diversification was needed by governments at all tiers.
He also commiserated with the governor on the death of his mother and assured that his company would participate actively during her burial.
Engr. Umahi, in his reaction, noted that Ebonyi State was in a hurry to diversify its economy, as it was endowed with abundant mineral deposits ready for harnessing by investors.
“We are ready to collaborate with you to achieve this goal and would consult further due to the reservations noticed in some aspects of the MOU,” he said.
The governor noted that the state was not financially capable to execute the project and called on the company to assist in providing the state’s share in the project.

by the time they will be done, DANGOTE GO POOR DIE.................. after all, na we dey consume all the cement............... biafra loading................. i wonder where dangote go see oil refine o by 2018

Link:www.vanguardngr.com/2015/10/ex-borno-gov-eyes-cement-production-in-ebonyi/ Cc:Lalasticlala

Lalasticlala come see & newsoooo!!!!!

Umahi should speed up.

There are many minerals that need to be harnessed in Ebonyi state which would boost the state IGR and economy as well as provide employment to the youth and boost population.

It is left for a smart governor to attract worthy investors to harness these minerals for the benefit of the state and the indigènes.

I pray Umahi doesn't fail.

Bornu state money in action

The Goodnews about this is that both the raw material & market are in the East!.

Onye akpala nwa agu aka n'odu ..

Largas:
Umahi should speed up.

There are many minerals that need to be harnessed in Ebonyi state which would boost the state IGR and economy as well as provide employment to the youth and boost population.

It is left for a smart governor to attract worthy investors to harness these minerals for the benefit of the state and the indigènes.

I pray Umahi doesn't fail.

He will succeed!. Ebonyi state is sitting on a 'great' Wealth!.

BUSINESS Nigeria’s Ibeto Cement to build $386-mln plant By PanAtlantic Journal Staff
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China’s Sinoma International Engineering Co., Ltd, a wholly owned subsidiary of Zhejiang Sinoma Engineering Design & Research Institute Co., Ltd. has announced that it has recently signed a contract on a cement project worth $386 million with Nigeria’s Ibeto Cement Co

In a corporate notice, the company stated that the project area is located in Enugu, Nigeria. Scope of the contract includes a Nissan 6000 tons of cement clinker production line from crushing limestone mining, cement raw materials to packaging, shipped to the whole process and a 45MW captive power plant, covering engineering design, equipment, steel and material supply, civil works, installation, commissioning and personnel training.

The project cost is estimated at $ 386,000,000....... Link:www.pa-journal.com/sinoma-inl-engineerings-unit-signs-386-min-contract Cc: Lalasticlala