Business News
Dangote injects N63 billion to revive moribund ANAMMCO
Dangote Group has signed an agreement with Automaker, Transit Support Services Limited, for the supply of Shacman trucks.
Dangote Group has signed an agreement with Automaker, Transit Support Services Limited, for the supply of Shacman trucks being assembled at the Anambra Motor Manufacturing Company Limited’s (ANAMMCO) factory in Emene, Enugu.
This comes shortly after the group injected about N63 billion for the purchase of 3,500 units of trucks aimed at reviving the ANAMMCO plant.
Shacman trucks
The disclosure was made by the Chairman of Transit Support Services Ltd, Frank Nneji during a tour of the auto plant.
Why this matters: The auto plant had been dormant for many years until Dangote Group signed an agreement for the production of Shacman trucks. The production of the vehicles led to the recall of all ANAMMCO staff, who for years, have not been doing anything as the company went moribund.
[READ MORE: Dangote’s multi-billion-dollar refinery is 75% complete, Otedola says)
The agreement has reportedly benefited the people in the area immensely through job creation and training of young school leavers.
According to Nneji, the revival of the auto plant and the investment of Dangote has not only benefitted company but has also returned the pride of the South-East economy, which the ANAMMCO auto plant represents.
“About 90 per cent of trucks produced here are for Dangote. Right now at the dump, we have about 300 units. Since last year, we have done 800 units. Dangote Group since inception has bought about 3,500 units from us. It also patronises the Shackman trucks for its refinery currently being built in Lagos,” he said.
Nneji added that the project had also kept busy the Onne port which was dormant for many years. He explained that the port is used for the delivery of vehicle components supplied to the ANAMMCO plant by its partner from China, Shaanxi Heavy Duty Automobile Import & Export Company.
Sunday Esan
Also speaking was the General Manager, Corporate Communications of Dangote Group, Mr Sunday Esan, who made it known that the quality of the Shacman trucks was satisfactory, as he assured Nneji of continuous patronage.
“Dangote Group is expanding. Apart from the cement, sugar and salt factories, among others, we’re starting a petroleum refinery, the biggest in Africa. All these will require a high number of trucks. It is a long-term relationship,” he said.
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Johnson Samuel Olawole
February 24, 2020 at 1:20 pm
Good business relationship between Dangote groups and motor assembly plant for you. Dormant workers, axillary plants and others will come alive again.
Anonymous
February 24, 2020 at 2:05 pm
This is what we need .
Akin Sodimu
February 24, 2020 at 9:18 pm
Good business relationship, I am highly impressed that the Refinery will be the biggest in terms of capacity in Africa. The recall of many of the staff of the moribund motor company is also a good development as this will definitely reduce unemployment in Nigeria. Definitely the establishment of the Refinery and the resuscitating of the motor company will definitely improve the Nation’s economy to some reasonable levels. Thanks to Dangote group, the reason for the advancement of Dangote group, is because Aliko the President of the group, has zero tolerance for nepotism. Good deals good business !!!
Anonymous
February 24, 2020 at 5:55 pm
Good news indeed
Akin Sodimu
February 24, 2020 at 9:30 pm
The reason why Dangote group was able to achieve these great feats, is because Aliko, the President of the group, has zero tolerance for nepotism and mediocrity.
Obinna
February 24, 2020 at 11:12 pm
So the parts will be imported and travel through Lagos to anambara and then after processing will travel back to lay s?
Anonymous Donor
February 25, 2020 at 10:14 am
If you read to the end, you’d see that the port of use is in Onne, Rivers State
Pascal okeke
February 25, 2020 at 12:13 am
This is what we need.. he is coming and when he finally announce it. Then it’s over!….
Engine
February 25, 2020 at 1:21 am
This kind of person called dangote and The Igbo man called Innoson motors,are type of people who needs to be president of Nigeria and transform the economy no matter which tribe you are from, they will carry you along, not someone who did not iften pass secondao school cert to rule over 5 thousand professors.
Zik
February 26, 2020 at 9:05 am
If you completed secondary school yourself, you should know how to spell ‘even’ and ‘secondary’.
Uche Uche
February 25, 2020 at 5:08 am
No doubt in my mind that Dangote is the star of the nation detribalized and showing the way forward. Kudos
Aminu bakari
March 12, 2020 at 10:55 am
Because he is reviving a moribund factory in your area he is now idolized. If it was a company marked to be privatized in your area the narrative would have changed.
Anonymous
February 25, 2020 at 6:13 am
Motor Assembly plant should be careful and always give a certified proof of vehicle with worthiness and Dangote should sign appropriately for documentation… Because tomorrow or in the Next coming years propaganda might arise…
AdeolaJIL
February 25, 2020 at 7:47 am
Great development. Those sowing seeds of discord will not comment on this kind of news. God bless Nigeria
Anonymous
February 25, 2020 at 7:52 am
This is an interesting move by Dangote group of company in their partnership and reviving the moribund ANAMMCO plant. Kudos to them
Nnamdi lwuchukwu
February 25, 2020 at 7:52 am
Fantastic relationship. Thank you Dangote group. ANANMCO is the pride of South East.
Richard
February 25, 2020 at 8:19 am
This is good news for Nigerian economy and people. May the good Lord bless the venture.
Hussain Usman Datti
February 25, 2020 at 9:57 am
Indeed a good action to revive the ANAMMCO and Nigeria economy at large, kudos to Dangote group of company
Chief
February 25, 2020 at 1:53 pm
Nice one but I hope it won’t last come to him buying ANAMMCO??? Because this is how they always make their wise move.
anodebenze
February 25, 2020 at 4:02 pm
ALL SOUND GOOD,what I saw is that Dangote group did a built this oil refinery distiller tower a gaint distiller in china and they shipped to Nigeria,i can give you a Nigerian company located in lagos who can build this 600,000 oil refinery distiller,now there is no excuses for the existence of boko haram,boko haram is a symptom of bad governance and incompetence. to me boko haram means self-realization of one’s existence,THE RIGHT OF ONE BEING WHAT AND WHO IS.
NOW,the govt is compressing their right of their life and their culture,now they are using violence and terror as a venue in voicing their grivances and frustration,i think the firing of the service chief is wrong,the chief of army staff hails from Borno state.his father was a soldier and his father did served in the british army and served in Burma.
It is too little and too late to sack service chief now
Anonymous
February 25, 2020 at 5:18 pm
Nice one there
orji hillary
February 25, 2020 at 5:21 pm
Nice move
Ezeji Nnamdi
February 26, 2020 at 3:41 am
This are the kind of people that ought to be entrusted with the leadership of this country. People who are free and not fighting perceived or imaginary war in their lives. People who honestly believe in Nigeria and works genuinely hard for her progress.
Kudos to Aliko Dangote and the management of ANAMMCO.
Tommay
February 26, 2020 at 9:33 am
This is nice one anyway and i thank the Igbos who are share holders in the company for making the company look this way after all Igbos are one of the big patronizers of Dangote product.Buhari shld stop pursuing the so called looters rather he should persuade them to bring back their loot and invest in our country so that our children will have jobs.Anyone that refuses to bring his or her own is the one that will be prosecuted by so doing you can see that government will spend less in prosecutions and development will be faster.Then any one that loot or try to be looter be dealt with seriously henceforth
Man Manny
February 26, 2020 at 9:37 am
Good move by Dangote. Even if he ends up buying ANAMMCO, it is better than it remaining moribund.
At least, the jobs of many will be assured.
There is yet hope for Nigeria.
I encourage our other billionaires to consider reviving some the moribund textile mills.
Godwin
February 26, 2020 at 2:49 pm
I’m really excited by this development. What is good is good and good will always reign over evil. I encourage Nigerians to rise above ethnic sentiment and religious discrimination. If we have jobs, peace and progress in our nation, the people rejoice. Congratulations to ANAMMCO and DANGOTE group for this historic deal. God bless Nigeria.