Connect with us

Business

We are proud of Dangote- President Tinubu 

Published

on

 

 

Advertisement

 

…President understands role of private sector-GMD 

Advertisement

The Dangote Group yesterday received a significant accolade from President Bola Ahmed Tinubu, who expressed Government’s position over the company’s numerous strides in Nigeria and across Africa.

The Presidential recognition comes at the heels of several honours and awards received by the company for creating thousands of jobs and touching lives.

Advertisement

President Tinubu who visited the Dangote’s compartment at the ongoing 29th Nigerian Economic Summit in Abuja said: “You are doing well. Keep doing the good things you are doing. Keep investing in Nigeria.”

Dangote is the biggest employer of labour after the government in Nigeria and also a significant employer of labour across Africa, where he has his cement plants in operation. He is also one of the continent’s biggest philanthropists.

Advertisement

In his speech earlier while declaring the annual summit open, the President had called on the private sector operators to join in the development of the Nigerian economy, adding that the country can only develop through collaborative effort.

 

Advertisement

L-R: Consultant, ECOWAS Common Investment Market, Prof. Jonathan Aremu; Executive Secretary/CEO, Nigerian Investment Promotion Council, Aisha Rimi (who represented the Minister of Trade and Investment); Group Managing Director, Dangote Industries Limited, Olakunle Alake; former Minister of State for Trade and Investment, Aisha Abubakar, and Member of the Panel session, Ambassador Fred Agah at the ongoing 29th Nigerian Economic Summit in Abuja on 23rd October 2023 .

Experts who spoke at the Summit said Nigeria was waiting for the Dangote Refinery, expressing optimism that it would bring about a significant boost to the nation’s economy.

Speaking at a Panel titled: ‘Unlocking our Competitive Advantage’, Group Managing Director of the Dangote Industries Limited (DIL), Mr. Olakunle Alake said it is gladdened that President Tinubu Government understands the role of the of the private sector, while reinforcing the need for collaboration.

President of Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu, discussing with Jibrin Abubakar of Dangote’s corporate communications department at the Dangote stand at the ongoing 29th Nigerian Economic Summit in Abuja on 23rd October 2023.

Mr. Alake said, Nigeria must grow its economy and especially the manufacturing sector to be able to play a pivotal role in the Africa and Continental Free Trade Area (AFCFTA).

He identified weak productive sector, lack of requisite skills and lack of infrastructure as impediments to the smooth take off of AFCFTA.

Advertisement

He said though AFCFTA is not the solution to the Nigerian economy, the country could maximize advantages from it by supporting the growth of the manufacturing sector.

Mr. Alake urged governments of West African countries to fix the problems hindering the implementation of ECOWAS protocols, regretting that business across West African countries is still difficult.

Advertisement

He advocated for improved border, ports, and customs services in the continent.

 

Advertisement

 

Advertisement

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business8 hours ago

Dangote Plans 10,000MW Power Investment, Raises Africa Investment Target to $70bn

Cover6 days ago

Flamingos Receive $50,000 Reward After Historic U-17 Women’s World Cup Victory

Cover6 days ago

Manchester United Rescue Dramatic 4-4 Draw Against Aston Villa in Eight-Goal Thriller

Banking/Finance7 days ago

Open A FirstBank Account Digitally, Anytime, Anywhere

Banking/Finance1 week ago

Fidelity Bank, NCF Deepen Environmental Sustainability Partnership at 20th Walk for Nature

Cover1 week ago

Paraguay Impeaches President Santiago Peña, Places Him Under Arrest Over Banking Crisis

Cover1 week ago

Jorge Jesus, Nani Pay Tribute To Ronaldo Following Portugal Retirement

Banking/Finance1 week ago

Wema Bank Unveils 21 Finalists for Hackaholics 7.0 Grand Finale in Lagos

Business1 week ago

Namibia President Declares Dangote’s $2.5bn Energy Investment a Landmark for Africa’s Industrial Future

Cover2 weeks ago

Peller Regrets Crashing Car For Jarvis, Accuses Wife Of Calling Him Manipulator

Cover2 weeks ago

FIDELITY BANK PARTNERS CANEX WKND 2026 TO BOOST NIGERIA’S CREATIVE ECONOMY

Cover2 weeks ago

West Ham Sack Nuno Espírito Santo, Hold Talks With Scott Parker Over Managerial Replacement

Cover2 weeks ago

Ondo Police Raid Suspected Fake Dollar Factory in Odigbo, Arrest One, Recover Three Bags of Counterfeit Notes

Business2 weeks ago

Dangote Eyes Egypt for Next Phase of African Industrial Expansion

Cover2 weeks ago

Airtel Nigeria launches open network to strengthen transparency, customer trust