You’re doing well – Tinubu tells Dangote

You’re doing well – Tinubu tells Dangote

Yesterday, President Bola Ahmed Tinubu expressed the Government’s position over the Dangote Group’s numerous strides in Nigeria and across Africa, presenting the company with a significant accolade.

At the heels of several honors and awards received by the company for creating thousands of jobs and touching lives, the Presidential recognition comes.

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

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.

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.

Mr. Olakunle Alake, the Group Managing Director of the Dangote Industries Limited (DIL), spoke at a panel titled ‘Unlocking Our Competitive Advantage’. He expressed his gladness that President Tinubu’s government understands the role of the private sector and emphasized the importance of collaboration.

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 sectors, lack of requisite skills and lack of infrastructure as impediments to the smooth take off of AFCFTA.

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. Olakunle Alake urged the governments of West African countries to fix the problems hindering the implementation of ECOWAS protocols. He expressed regret that doing business across West African countries is still difficult.

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