Nigeria’s Dangote gets approval for $41m cement investment in Liberia - - News Summed Up

Nigeria’s Dangote gets approval for $41m cement investment in Liberia -


Nigeria’s manufacturing giant, Dangote Cement, has received legislative approval from the Liberian Senate for the production of cement in the West African country. The approval followed the passing of the Investment Incentive Agreement between the country and Dangote Cement Liberia Limited with a value of $41 million. The agreement which followed the Senate approval requires the money to be invested over a 10 year period. Dangote Cement is also expected to give preference for employment at all levels of financial, accounting, technical, administrative, supervisory and senior management positions and other skilled positions to qualified Liberian nationals as and when they become available, “it being the objective of the parties that the operations and activities of investor under this agreement”. Source: Business Live(Visited 9 times, 9 visits today)Commentscomments


Source: GNN Liberia December 23, 2017 18:22 UTC



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