New Factories Being Built In Nigeria
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.
