• Home
  • News
  • Sport
  • Politics
  • Column
  • Business
  • Life & Style
    • Crime
    • R&D Health
    • Diet and Fitness
    • Intimacy
  • Entertainment
    • Photos
    • Fashion
    • Movies
    • Music
  • Videos
Facebook Twitter Instagram
Trending
  • Inflation Rate: LCCI laments over effects on household, businesses
  • EFCC arrests four top NCAA officials over alleged N2b Duty Tour Allowance fraud
  • #EbonyiDecides: APGA agent refuses to sign result sheet
  • Music legend Dadakuada dies at 120
  • Tinubu will turn Nigeria into a Nazi State — Atiku
  • Sanwo-Olu approves salary increment for civil servants hours after re-election
  • #BenueDecides2023: Rev. Father humbles Speaker as APC regains state lost under Ortom
  • #OyoDecides2023: Polytechnic, Ibadan hails Gov. Makinde’s victory at poll
Facebook Twitter Instagram
The Eagle OnlineThe Eagle Online
  • Home
  • News
  • Sport
  • Politics
  • Column
  • Business
  • Life & Style
    • Crime
    • R&D Health
    • Diet and Fitness
    • Intimacy
  • Entertainment
    • Photos
    • Fashion
    • Movies
    • Music
  • Videos
The Eagle OnlineThe Eagle Online
Home»Business»Dangote commends FG for constituting economic team
Business

Dangote commends FG for constituting economic team

The Eagle OnlineBy The Eagle OnlineSeptember 19, 2019No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Alhaji Aliko Dangote, President, Dangote Group, says that the constitution of economic management team by President Muhammadu Buhari will further strengthen investors’ confidence and boost economic growth.
Dangote gave the commendation on Thursday in Lagos during the inauguration of the Chemical and Non-Metallic Products Employers’ Federation House.
He said that Dangote’s operations had continued to thrive, thus investing in capacity expansion due to the enabling environment created by the government’s economic policies.
He said: “In Nigeria alone, we have 29 million tons installed capacity for cement production and we will be at 35 million by 2020.
“We have contributed hugely to the nation’s successful transition from being at one time the world’s largest importer of cement to the position we are today where we not only are self-sufficient in cement, but indeed are net exporters of cement.
“Dangote Cement Plc alone provides employment to over 25,000 people across the nation.”
He advised that the Federal Government should dialogue with its counterparts in Benin and Niger Republic on the partial closure of the borders.
He said: “We can now sit down and set the rules on how to operate the border because obviously we cannot allow smuggling activities to kill our industries.
“Obviously, we want to create more jobs, but if we allow smuggling to wipe out our industries the way it did to the textile sector then obviously we are in trouble.
“For example, Benin Republic has no reason to allow parboiled rice to be landing in Benin because they do not eat parboiled rice in Benin, but white rice.
“One of the dialogue could be no more parboiled rice in transit to Benin under any guise, that way we can save millions of farmers and create more jobs.”
Dangote commended CANMPEF for the successful completion of the house and its continued significant roles in driving the economic development of the country since its inception in 1978.
He said:  “I am told that CANMPEF House was built at a cost of about N85 million and that it is a multipurpose facility that will cater for a wide range of developmental work.”
Otunba Adeniyi Adebayo, Minister for Industry, Trade and Investment, said that government was committed to ensuring the continuous growth of CANMPEF’s activities because of its immense potential to drive industrialisation, job creation and economic growth.
Adebayo, represented by Ambassador Maryam Katangum, Minister of State for Industry, Trade and Investment, said that the ministry had commenced review of the Nigerian Industrial Revolution Plan to enhance government’s diversification and industrialisation plan.
He commended CANMPEF for its role in strengthening the manufacturing sector and welfare of employers, adding that CANMPEF House would promote better synergy for economic growth.
Governor Babajide Sanwo-Olu of Lagos State said that the CANMPEF House would serve as a one-stop centre for investors and stakeholders to interact and harmonise relations for higher productivity.
Sanwo-Olu, represented by Dr Lola Akande, Lagos Commissioner for Industry and Cooperative, said that the location of the building was a testament to the growing profile of Lagos as an attraction for socio-economic activities.
Edwin Devakumar, President of CANMPEF, said that the Federation stood resolute in serving the interest of its members and urged government to continue to ease the business environment for investment to thrive.

Aliko Dangote Dangote Group FG Muhammadu Buhari
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
The Eagle Online

Related Posts

Inflation Rate: LCCI laments over effects on household, businesses

March 20, 2023

Buhari mourns Immigration Board Secretary

March 20, 2023

Sahara launches ‘MAD’ e-zine to share sustainable impact stories

March 20, 2023
© 2023 All Rights Reserved. The Eagle Online.
  • Home
  • Privacy Policy
  • Advert Rates
  • Submit News
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.