<\/p>\n
By Vivian Emoni<\/p>\n
Dangote Group has urged Nigeria to strengthen domestic production, reduce import dependence and expand exports to build economic resilience and competitiveness.<\/p>\n
Hajia Fatima Wali-Abdurrahman, Regional Director, Dangote Group, made the call on Friday at the group\u2019s special day at the 21st Abuja International Trade Fair.<\/p>\n
Wali-Abdurrahman, represented by Mr Abdullahi Dan-Musa, Group General Manager, said economic resilience depended on expanding productive capacity and strengthening local supply chains.<\/p>\n
She said Nigeria needed an investment environment that encouraged industrial growth, job creation, exports and sustainable economic development.<\/p>\n
Wali-Abdurrahman said businesses were contending with inflationary pressures, exchange-rate adjustments, evolving tax policies and technological disruptions.<\/p>\n
She added that changing international trade patterns were also creating new challenges for businesses operating in Nigeria.<\/p>\n
According to her, economic resilience goes beyond withstanding difficulties to include adapting, innovating and continuing to invest in the future.<\/p>\n
\u201cDangote Group remains committed to building productive capacity across Nigeria and Africa through investments that create jobs and strengthen local supply chains,\u201d she said.<\/p>\n
Wali-Abdurrahman said the group\u2019s investments covered cement, sugar, salt, seasoning, packaging, fertiliser, petrochemicals and petroleum refining, among others.<\/p>\n
She said Dangote Cement had helped transform Nigeria from a major cement-importing market into a significant producer and exporter.<\/p>\n
\u201cThe company\u2019s operations support employment while sustaining suppliers, distributors, contractors, transporters, retailers and other businesses across the value chain,\u201d she said.<\/p>\n
Wali-Abdurrahman said the group had extended its Pan-African industrial vision to energy, with construction beginning on its refinery and petrochemicals project in Lamu, Kenya.<\/p>\n
She said local manufacturing generated wider economic benefits by creating contracts, expanding distribution and supporting transportation.<\/p>\n
She added that manufacturing also helped develop technical skills among young Nigerians while strengthening domestic supply chains.<\/p>\n
Wali-Abdurrahman said taxation remained essential for funding infrastructure, education, healthcare, security and other public services supporting economic activity.<\/p>\n
She, however, called for a predictable, transparent and efficient tax environment that would encourage compliance without discouraging investment and innovation.<\/p>\n
Wali-Abdurrahman said Dangote Petroleum Refinery currently had a refining capacity of 700,000 barrels per day, with expansion to 1.4 million barrels planned.<\/p>\n
She said the refinery would support energy security, reduce dependence on imported refined products and conserve foreign exchange.<\/p>\n
She added that the facility would also help develop local technical expertise and strengthen Nigeria\u2019s industrial capacity.<\/p>\n
Wali-Abdurrahman said the group\u2019s Vision 2030 was aimed at transforming Dangote Industries Ltd. into a $100 billion enterprise.<\/p>\n
She said the target would be pursued through industrial expansion and cross-border investments across Africa.<\/p>\n
Prof. Adesoji Adesugba, First Deputy President, Abuja Chamber of Commerce and Industry (ACCI), commended Dangote Group for its longstanding partnership with the chamber.<\/p>\n
Adesugba, who represented the ACCI President, Chief Emeka Obegolu, said the trade fair had evolved beyond an exhibition platform into an important economic marketplace.<\/p>\n
He said the fair brought together businesses, investors, government institutions, diplomatic missions, entrepreneurs and consumers to create commercial relationships.<\/p>\n
According to him, the platform also stimulates economic activity and provides opportunities for businesses to gain visibility and access customers.<\/p>\n
He said the fair enabled participants to identify investment opportunities and strengthen value chains through commercial relationships.<\/p>\n
Adesugba said the partnership between Dangote and ACCI demonstrated the role of responsible corporate participation in sustaining platforms promoting commerce and enterprise.<\/p>\n
He said Dangote\u2019s investments in cement, fertiliser, agriculture, refining and petrochemicals demonstrated the importance of domestic productive capacity.<\/p>\n
He added that the investments also supported employment creation and reduced Nigeria\u2019s dependence on imports.<\/p>\n
Adesugba said ACCI recognised Dangote not only as an exhibitor and sponsor, but also as a strategic partner.<\/p>\n
He said the partnership supported Nigerian businesses, trade, investment and sustainable economic development. (NAN)<\/p>\n","protected":false},"excerpt":{"rendered":"
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