Dangote pledges to assist FG to cushion recession - Uju Ayalogu's Blog for News, Reviews, Articles and More

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Tuesday 29 November 2016

Dangote pledges to assist FG to cushion recession

Dangote pledges to assist FG to cushion recession

– The Dangote Group has promised to support the federal government as the recession in Nigeria bites harder

– The conglomerate says it will help the government in exploring key sectors of the economy

– This is in order to towards cushion the effect of the recession

The Dangote Group has promised to support the federal and Kano state governments in exploring key sectors of the economy as Nigeria continues to battle the effects of recession.

Dangote pledges to assist FG to cushion recession


President of Dangote Group, Alhaji Aliko Dangote

In a statement signed by the chief corporate communication officer, Dangote Group, Anthony Chiejina, the group promised to explore opportunities opening up in agriculture, mining and infrastructure through partnership with the governments.

Leadership reports that the executive director, commercial, DFM, Hajiya Halima Dangote also gave the indication while speaking at the Dangote Special Day ceremony at the Kano International Trade Fair recently.

Halima who represented the president/chief executive of the group, Aliko Dangote, said challenges of the recession have rather presented opportunities to explore areas of development and bring back lost glory of Nigeria’s economy.

She said it is such determination that informed the re-opening of Dangote flour mill in Kano as well as the Tomato factory processing project also in the state.

She reiterated efforts by the Dangote Group in ensuring sustainability in rice production through extensive out grower program in Jigawa state.

Meanwhile, the Dangote group has announced that it will create 250,000 employment opportunities for Nigerians after the completion of its new projects.

According to the executive director (communications) of the group, Ahmed Mansur, the company’s investments on new projects on agriculture, sugar, oil refinery and fertilisers would create the jobs.

Mansur also stated that the projects would be cited in Jigawa, Taraba, Kano and Kogi states among others.

In a related development, Dangote recently lamented that more than 100 million Nigerians are poor and that this will lead to increased crime.

The billionaire businessman said that it was ironical that in spite of the abundant resources, Nigeria was still dealing with serious poverty.



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