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Nigeria Signs $3 Million-Tonne Kebbi Cement Plant Deal, Boosting Jobs and Exports

The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, attended the signing ceremony for MSM Cement Ltd’s Kebbi Cement Plant, a $3 million-tonne-per-annum facility set to drive Nigeria’s industrial growth.

The project, expected to create 20,000 direct and 25,000 indirect jobs, is strategically positioned near Nigeria’s border, enhancing export potential under the African Continental Free Trade Agreement (AfCFTA). HM Edun highlighted the plant as a model of private-sector-driven investment that aligns with President Bola Tinubu’s vision for economic stability, job creation, and poverty reduction.

The Executive Governor of Kebbi State, Dr. Nasir Idris, called the project a historic milestone, emphasising its transformative impact on employment, particularly for youth and women. He also praised the federal government’s commitment to infrastructure development in the state.

Also present at the event were the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, and the Minister of State for Finance, Dr. Doris Uzoka-Anite, alongside other dignitaries.

The signing marks a crucial step toward industrial expansion, with groundbreaking and construction set to follow, reinforcing Nigeria’s push for economic growth and regional trade.

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