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    Aliko Dangote – President of Dangote Group Exhorted African Nations to Disassemble all Frontiers Hampering Free Trade across the Landmass of Africa

    Posted On 05 May 2023
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Abdul Rahman Bangura-

    Photo Credit: African Centre for a Green Economy

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The statement by Dangote was published by Anthony Chiejin the Group’s Chief Corporate Communications and Branding Officer of Dangote Group.

    Dangote signified on the liftoff by the Group Executive Director – Dangote Group’s Limited Dr. Adenike Facontinueun, conveyed the duty of the panAfrican empire to grasp some financial challenges confronted by the mainland.

    “Our massive investments of over $20 billion are across key industries, including energy, gas, and infrastructure.

    “Our recently commissioned three million metric tonnes’ fertilizer plant, expansions in cement production, and 650, 00bpd world’s largest single-train refinery, are all set to empower farmers’ fertilizer integration.

    “These investment creates thousands of jobs, eliminate our dependence on imported products, and improves our nation’s foreign
    exchange earnings significantly, ” he told.

    Dangote furthermore said that the Conglomerate was confronting environmental issues through investment in alternative fuels as well as
    unlocking huge opportunities in communities where it administered.

    Dangote said that issues being faced globally such as rising energy costs, constipation, and, food insecurity called for an objective rethink. He
    announced that the issues affected agreement enactment and relief of doing business in more vulnerable economies.

    According to him, overarching conversations at global or regional levels must
    be re-focused toward scrutinizing the specifics of the fast-changing world.

    He praised The Economist for the launched publication, characterizing it as a prosperous assemblage of work that gave valuable data from all sectors.

    In his, Lagos State Deputy Governor, Dr. Hazmat Obafemi, interpreted the publication as a helpful manuscript for policymakers and strategic planners.

    Obafemi said that its subjects reaffirmed part of the strategies that the Lagos State Government executed to make the state the preferred destination for investors.

    “Lagos is Africa’s fastest growing economy, and a key policy of the state government is to improve its investment profile by providing an enabling environment.

    “The state has invested billions of Naira in infrastructure and technology, and the Lekki Deep Seaport is one of the enablers which made Lagos attract 60% of the Foreign Direct Investment into Nigeria,” he told.

     

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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