Business
Youth employment key to nation’s growth – Dangote
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The President of the Dangote Group, Aliko Dangote, has said that youth employment is key to the growth of the nation.
Dangote, the richest man in Africa, who disclosed this in Lagos at the induction of a new batch of graduate trainees of the Dangote Graduate Trainee Programme, emphasised that continuous investment in critical sectors of the economy to create employment and promote decent jobs was irrevocable.
Addressing the trainees, Dangote gave the trajectory of the Dangote Group’s businesses, explaining it transited from being a commodity trading company to manufacturing in the quest to contribute to the industrial development of the country, thus repositioning Nigeria in the African industrial landscape.
He explained that the mission of the group was to touch peoples’ lives by providing their basic needs, noting that this could only be fulfilled through manufacturing of the goods that would meet the people’s needs, hence the massive investments in various sectors of the economy.
According to him, manufacturing to meet the people’s needs comes with employment creation as manufacturing is one of the potent ways of lifting the people from poverty through creation of gainful employment which has led the institution of the graduate trainee programme of which they are beneficiaries.
He added that it was in the quest to meet the peoples’ needs through massive job creation that his group added three new business portfolios worth over $20bn in refinery, petrochemical and fertiliser.