₦airaland Forum

https://www.youtube.com/watch?v=w8x3XGdtkyw

Nigeria's industrial landscape is rapidly evolving, with new factories emerging as key drivers of economic growth and job creation. These facilities span various sectors, showcasing Nigeria's diversification efforts and commitment to becoming a manufacturing powerhouse.
With Inflation levels at an all-time high in over a decades and GDP growth tumbling downwards, the ability of Nigeria to recover is largely dependent on a robust manufacturing sector.
Here are the top 7 newest factories in Nigeria, heralding a new era of industrialization.

Obi Cubana Tricycle Assembly Plant.

One of Nigeria’s top socialite and business man known as Obi Cubana recently unveiled a tricycle assembly plant, located in Ikorodu Lagos.
The company under the enviable tricycle division assembles Nigeria’s most outsourced brands of tricycle known as TVS and Bajaj.

Dangote Sinotruk, Lagos.

Dangote Sinotruk West Africa recently inaugurated a completely knocked down (CKD) truck assembly plant in Lagos state.
The inauguration attended by, the President of the Senate, Honorable Godswill Akpabio, the governor of Lagos, Mr Babajide Sanwo Olu and Mr Aliko Dangote.
With the capacity to assemble and produce 10,000 trucks annually, Dangote Sinotruk West Africa creates about 3,000 jobs locally and is the largest truck assembly plant in Nigeria.

Chinese lithium factory, Nasarawa.

In a landmark development poised to revolutionize Nigeria's mining industry, Nasarawa State has become the site of the nation's first lithium processing plant. commissioned in 2024, this plant cost investors $500 million

Dangote cement, itore.
Sinoma International Engineering started the construction of a new Dangote cement plant in Itori, Ogun State.
The new plant is less than 20km to the existing Dangote Cement plant, ibese.
This new plant will position Ogun state as the largest cement producer in the country.
The integrated cement plant is designed with two 6000 tonnes per day kiln capacity, which will increase the cement capacity of the company by 6.0 million tonnes per annum.

BUA refinery.

The BUA Refinery under construction is strategically located in Ibeno, Akwa Ibom State, Nigeria. This location provides easy access to crude oil supplies and efficient distribution of refined products both domestically and internationally.
The refinery is designed to have a refining capacity of 200,000 barrels per day (bpd). This substantial capacity aims to meet a significant portion of Nigeria’s domestic fuel demand and support export opportunities.
construction cost is still unknown.

Dangote Sugar Refinery Tunga.
Dangote group is building a new integrated sugar refinery.
The refinery is located in Tunga, Nasarawa State, Nigeria. This strategic location is chosen to leverage the agricultural potential of the region, particularly for sugarcane cultivation.
The Tunga refinery is designed to produce 450,000 metric tonnes of refined sugar per year.

once complete, it will be come the largest integrated sugar refinery in Nigeria and its raw sugar production will support the Dangote sugar
refinery at apapa, Lagos which is currently the largest in africa.

Where is BUA refinery??

Proposed or built??


Always celebrating mediocrity, let's be realistic for ones. People like you, that are making this politicians to be viewing us like clowns.


E no dey means say E no dey .


Or you are one of the staff working in BUA refinery?

Nice development.....the people coming to Nigeria to establish their businesses and company should try and decentralize them but then...the fear of kidnapping and UKGM won't allow them to do that....every investment coming to Nigeria today..... Lagos State already assured of the larger share and this is one of the reasons why Lagos is very congested.

Is it the baby factories in North

We pray they function well

We need the result and how it can be of positive impact to the society

Low engagement on Nairaland

I believe Nigeria will be great again

Scam government propagandists. Firms that are owned by private individuals. Which one is the government of the drug criminal, Tinubu building?

Half of these have already being built & functioning for years now.....Why the unnecessary lies to make it seem like new stuff?


Infact even the other half were already being built before this current administration...Omoh, even propaganda materials dey hard for some people

Okay

Hmmm
This one get 50/50 chance of survivin

Opebiman:
Obi Cubana Tricycle Assembly Plant.

One of Nigeria’s top socialite and business man known as Obi Cubana recently unveiled a tricycle assembly plant, located in Ikorodu Lagos.
The company under the enviable tricycle division assembles Nigeria’s most outsourced brands of tricycle known as TVS and Bajaj.

Honestly I don't see this as an investment. For many decades tricycles have been used in Nigeria. They are imported as knocked down and assembled by various dealers in their various warehouses same way motorcycles are assembled. Assembling tricycles is so easy that every tricycle technician can assemble it. Imagine building a factory to do what every shop owner in the industry can do! It doesn't even require any special tools; factory standard tools. Now the question is: how will a buyer transport assembled keke from Lagos to owerri? At what cost? Why would he even want to do it while it can be done at his backyard?

Development will come to the bottom




people



Now.

Private factories such it will happen
By the govt don't hold ur breath, vision 3030

Lol

Noted.

lazkizz:
Which is BUA refinery??

Proposed or built??


Always celebrating mediocrity

Why have you singled out that very project for criticism out of the entire list?

They will tag you enemy of Nigeria o.

That lithium factory is another avenue to syphon off our valuablre resources.

Check my profile for a safe way to earn good income.

lazkizz:
Which is BUA refinery??

Proposed or built??


Always celebrating mediocrity

resident ola hmed inubu ill e ne f igeria's est ver resident

WikeTheDrunk:
Scam government propagandists. Firms that are owned by private individuals. Which one is the government of the drug criminal, Tinubu building?

It is NOT the role of the government to build welfarist business structures in today's world. There is the phrase 'Government has no BUSINESS doing (domestic) business'.

Nigeria Airways was once the pride of West Africa. Many State Governments similarly have failed in corporate business.

At some point in time, Ondo State had NIROWI (Nigeria-Romania Wood Industry) in Ondo City to export wood, Oluwa Glass in Igbokoda to manufacture glass for Peugeot and all, Owena Bank, Owena Motels in the hospitality industry, Owena Mass Transit in thr Transportation industry etc under Ajasin. There was a Textile Industry at Ado Ekiti in the old Ondo State too. I guess the same can be said of many States from the Second Republic.

More recently, Ondo's former Governor Mimiko made Ondo a Mecca of medical tourism in the eight years he was Governor. There is very little evidence of his investments in that sector, on the National picture ,today. Why? Government BUSINESS investments in the domestic sector is often KILLED by corruption.

The reason is that there are often little or no consequences for corruption in Nigeria. The more corrupt you are, the more you can evade the ICPC, EFCC and all.

For that reason, government would invest in private companies and installations with significant ownership interests but not the controlling shareholder. Many people do not know that the Federal Government of Nigeria has significant stakes in NLNG Nigeria, Total Nigeria, SHELL and even Dangote Refinery. That's a careful way to invest the government resources in a privatised system.

Finally, the Government creates the economic climate, fiscal policy and structures which enables these investors to set up these industries. Without significant government support in the background, for example, Air Peace would have been unable to establish flights on the London route. You saw how much Festus Kenyamo was in the public eye over the matter and even flew on the maiden flight to London.

I do not work in any capacity for the Federal Government, but this is our country, and we must look at all the angles, as we have no other country.

People have little understanding of what NIGERIA is UNTIL they travel overseas. You'll then understand that Nigeria is the beacon of hope for Africa.

If Nigeria thrives, Africa - at least Sub Saharan Africa - would prosper.

Kindly shed more light on Lafarge and Dangote Sugar. Thanks