Dangote Industries Restricted, the totally built-in and diversified conglomerate owned by Nigerian billionaire Aliko Dangote, has unveiled plans to make Nigeria self-sufficient in cement, agriculture, mining, and petroleum merchandise.
Throughout the ongoing thirty fourth Enugu Worldwide Commerce Honest, Regional Gross sales Director of Dangote Cement Plc within the South-East Abayomi Shittu reiterated Dangote Industries’ dedication to creating jobs for hundreds of thousands of Nigerians and making certain self-sufficiency in all sectors it operates in, together with cement, agriculture, mining, and petroleum.
“Our meals subsidiaries, Dangote Sugar Refinery, NASCON Allied Industries (Dangote Salt), and Dangote Rice, are offering jobs via numerous schemes. Dangote Sugar Refinery (DSR), via its out-grower scheme, has offered jobs to hundreds of farmers within the host communities,” Shittu stated.
“The approaching of Dangote Fertilizer has to an awesome extent helped to alter the face of agriculture in Nigeria, whereas the Dangote Petroleum Refinery, when useful, will drive the event of ancillary industries that may use the byproducts as uncooked supplies,” Shittu added, highlighting Dangote’s steady efforts to innovate, create worth, and spend money on Nigeria, that are underpinned by a agency perception within the nation’s huge financial potential.
Aliko Dangote commits $700 million to increase sugar enterprise, enhance sugar sufficiency in Nigeria
Dangote has demonstrated his dedication to bolstering the nation’s sugar manufacturing self-sufficiency by investing a whopping $700 million in Dangote Sugar Refinery Plc (DSR) in 2022.
The transfer will facilitate the growth of operations at DSR Numan, with refining capability growing from 3,000 tonnes of cane per day (tcd) to six,000 tcd, 9,800 tcd, and 15,000 tcd. Moreover, the funding will propel the group’s backward integration program (BIP) in step with the Nationwide Sugar Grasp Plan (NSMP).
This visionary step by the Nigerian billionaire is a testomony to his dedication to creating wealth for stakeholders whereas additionally growing the corporate’s income and earnings energy.
Dangote’s growth roadmap aligns seamlessly with the nation’s imaginative and prescient of sugar sufficiency, and the required infrastructure can be put in place to make sure full-scale manufacturing.