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Dangote Group is actively pursuing substantial investments to enhance Nigeria’s industrial sector.

 


The Dangote Group has emphasized the urgent need for significant investments in technology to enhance Nigeria's industrial sector and elevate its global standing.

During Dangote’s Special Day on Wednesday, part of the ongoing 36th Enugu International Trade Fair, Mr. Ayirioritse Okerentie, the Deputy Regional Director for the South East at Dangote Cement Plc, stressed the importance of adopting leading global practices to maintain competitiveness.

Okerentie encouraged the government to prioritize investment in research and development to foster innovation and improve product quality. He pointed out the impactful contributions the Dangote Group has made to Nigeria’s economic growth, including the creation of millions of direct and indirect jobs across various sectors, a decrease in imports of finished products, and the promotion of local manufacturing. Additionally, the Group has been pivotal in exporting refined petroleum products, fertilizers, and other goods to markets in Africa, Europe, America, and Asia.Earlier in his address, the President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture emphasized the need for federal government support for the Dangote group of companies. He expressed hope that their continued growth would “bring smiles to the faces of Nigerians once more.”

Represented at the event by Chief Eric Chime, an ECCIMA member, Jideonwo recognized Dangote as a significant employer of labor. He urged the government to provide assistance, enabling the company to enhance the lives of Nigerians and alleviate the labor market's pressures.


He also praised Dangote's recent venture into the oil and gas sector, which he noted has played a crucial role in stabilizing petroleum prices across the country.

He remarked, “The industrial and manufacturing sector has the potential to significantly influence the economy, particularly through job creation, the provision of goods, the reduction of finished product imports, and the value addition to our raw materials.”

“Developing Nigeria’s industrial sector requires massive investment in technology, adoption of best-in-class global practices. This is the best way for products from Nigeria to gain global recognition.”

Earlier in his address, the President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture emphasized the need for federal government support for the Dangote group of companies. He expressed hope that their continued growth would “bring smiles to the faces of Nigerians once more.”

Represented at the event by Chief Eric Chime, an ECCIMA member, Jideonwo recognized Dangote as a significant employer of labor. He urged the government to provide assistance, enabling the company to enhance the lives of Nigerians and alleviate the labor market's pressures.

He also praised Dangote's recent venture into the oil and gas sector, which he noted has played a crucial role in stabilizing petroleum prices across the country.

“There is no doubt that Dangote PLC has added a lot of value to the growth of the Nigerian economy, operating in almost every sector of the economy.  The recent investment of Dangote Group into the oil and gas industry has taken the company to another level, especially with the positive impact Dangote Refinery has made on regulating petroleum products in Nigeria.

“We commend the Dangote Group for this and request that the Federal government should give the company all needed support to continue to bring smiles on the faces of Nigerians once again,” he called pointing out that, “Dangote business and entrepreneurship indulgence has spread to many parts of the African continent, employing thousands of people across the world of which not less than greater percentage are Nigeria,” Chime added.


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