Katsina bron business man will start producting cement at lower cost in Nigeria soonest .It was gathered that an estimated 200 cement trucks would be produced daily by the factory, according to analysts, creating both direct and indirect jobs

. Mangal Industries and Sinoma, a Chinese corporation, signed a contract to begin construction of the facility in November 2021. The naira crash caused the facility’s initial estimated cost of $600 million to surge to $1.5 billion.

The company’s CEO, Fahad Mangal, promised a cutting edge, technologically advanced facility that doesn’t harm the environment. The numerous ventures of Mangal According to reports, the CEO of Max Air is involved in a variety of businesses, including textile, construction, oil and gas, transportation, and agriculture. The news comes after reports that in July, Dangote Cement lost around N1 trillion in market share.

It was stated that this project will create thousand of jobs for Niherians

The facility will produce about 200 cement trucks daily. which analysts say will create direct and indirect jobs

The facility’s initial cost was projected at $600 million but it increased to $1.5 billion due to the naira crash.