The Dangote Group, under the leadership of President Aliko Dangote, has been praised for its significant contributions to the Nigerian economy by the President of Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), Sir Odeiga Jideonwo. Speaking at the 35th Enugu International Trade Fair with the theme ‘Promoting Made in Nigeria Products for Global Competitiveness’, Mr. Jideonwo stated the positive impact of the Dangote Group on Nigeria’s economy. In his address, he specifically mentioned its refinery, which recently commenced production of refined petroleum products, as a key development that will help address the country’s challenges with the availability of refined petroleum products.
He expressed confidence that the group will continue to grow and expand its influence in Nigeria and Africa, creating wealth and generating employment opportunities. Similarly, the Regional Sales Director of Dangote Cement Southeast, Mr. Abayomi Shittu, reiterated the group’s commitment to achieving self-sufficiency in all sectors of operation in Nigeria. He highlighted the importance of industrialisation and backward integration in diversifying the economy and emphasised the group’s efforts to manufacture products that were previously imported domestically.
Innovative products, market reach, and economic growth will be stimulated.
Mr. Shittu also mentioned the group’s ongoing consolidation of Dangote Foods, which incorporates Dangote Sugar Refinery, Dangote Salt, and Dangote Rice, as part of their strategy to harness the benefits of backward integration and build a more robust food company. He noted the positive impact of their out-grower scheme in providing jobs to farmers in host communities and contributing to local economic development. On May 22, 2023, the group also made significant strides in the fertiliser and petroleum sectors, with its Fertilizer and Petroleum Refinery subsidiary commissioning. These developments are expected to create diverse industries and contribute to economic growth in Nigeria.
His positive outlook on their involvement in the Enugu International Trade Fair reflects the company’s strategic approach to promoting its innovative products, expanding market reach, and stimulating economic growth. They aim to increase product awareness, boost sales figures, attract new customers, and promote job creation and economic development by participating in such platforms in Nigeria and international markets. The commendation of the Enugu State government and ECCIMA for their successful trade fair organisation highlights the importance of collaborative efforts in driving economic opportunities and showcasing the potential of local businesses on a global stage.
Made-in-Nigeria products will be promoted for global competitiveness.
However, the Dangote Group’s dedication to championing Made in Nigeria products for global competitiveness is in harmony with governmental initiatives to enhance local manufacturing and decrease dependence on imports. Through its emphasis on industrialisation, the group promotes economic growth and job creation and plays a pivotal role in the sustainable development of the Nigerian economy. These efforts align with the broader national agenda to strengthen local industries, boost export capabilities, and drive long-term economic prosperity and self-sufficiency.
Beyond its economic contributions, the group has demonstrated a strong commitment to corporate social responsibility, focusing on education, healthcare, and community development. Through the Aliko Dangote Foundation, it has made substantial investments in enhancing access to quality education, healthcare services, and infrastructure in various communities across Nigeria. These initiatives have improved the well-being and livelihoods of individuals and reinforced the group’s positive impact on society. They actively contribute to Nigerian communities’ overall welfare and advancement by prioritising social development alongside their business operations.
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As a leader in various sectors, including cement, sugar, salt, rice, fertiliser, and petroleum, the group continues to play a pivotal role in shaping the industrial landscape of Nigeria. With its ongoing investments in infrastructure, technology, and human capital development, the group is well-positioned to contribute to the country’s economic diversification and sustainable growth in the years to come. Their innovative business approach and strategic partnerships with local and international stakeholders demonstrate its commitment to driving economic transformation and fostering inclusive growth across Nigeria.
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