Keep investing in Nigeria, Tinubu urges Dangote

President Bola Ahmed Tinubu has urged the Dangote Group to keep investing in Nigeria.

The president, 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.”

The presidential recognition comes at the heels of several honours and awards received by the company for creating thousands of jobs and touching lives.

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

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In his speech earlier, while declaring the annual summit open, Tinubu 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 is waiting for the Dangote Refinery, expressing optimism that it would bring about a significant boost to the nation’s economy.

Speaking at a panel titled ‘Unlocking our Competitive Advantage’, the Group Managing Director of Dangote Industries Limited (DIL), Mr Olakunle Alake, said he is gladdened that President Tinubu’s government understands the role of the private sector while reinforcing the need for 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).