*Nigerian President Muhammadu Buhari applauds Aliko Dangote, President of Dangote Industries Limited, for his entrepreneurial spirit and doggedness, urging other Nigerians in business to emulate him for the West African country to witness real economic growth and development

*Our Group is proud to be making significant contributions to the diversification and growth of the Nigerian economy 鈹�Aliko Dangote, President of Dangote Industries Limited

Gbenga Kayode | 绿帽献妻

President Muhammadu Buhari has applauded Aliko Dangote, President of Dangote Industries Limited (DIL), for his entrepreneurial spirit and doggedness, urging other Nigerians in business to emulate this iconic figure for the West African country to witness real economic growth and development.

Receiving the President of DIL and Board members of Dangote Group Friday, April 22, 2022, at the Presidential Villa, in Abuja, FCT, President Buhari commended the Management and Board of the conglomerate for the courage and foresight in embarking on mega investment projects.

Aliko Dangote, President of Dangote Group (l), presenting a gift to President Muhammadu Buhari, during a courtesy visit to the State House, Abuja

The President described such projects as ones “which will have enduring benefits to generations of Nigerians.”

Buhari also noted: “I have no doubt that such bold decisions can only be conceived by a mindset which transcends conventional commercial viability considerations.

鈥淓ntrepreneurs such as Alhaji Aliko Dangote are unique gifts to their societies and the institutions they build, and they often become the pillars of stable enduring prosperous economies.鈥�

To this end, the Nigerian President said: 鈥淚, therefore, urge other Nigerians in the business sector to emulate this iconic entrepreneur by investing in such enterprises that will in time become worthy legacies as national assets, which will continue to benefit their people for generation after generation, creating firm anchors of enduring prosperity for their citizens.鈥�

He further lauded Dangote and his team for investing in areas that bring the highest benefits to Nigerians, saying, 鈥淚 recall, with great pleasure, my visit to the Dangote Free Zone just about four weeks ago, to commission the Group鈥檚 new 3 million metric tonnes fertilizer plant.

“Let me, once again, congratulate you and your Board on a very successful commissioning ceremony.

鈥淎s I said at that event, the coming on stream of this plant was a huge opportunity to ramp up the productivity of our agricultural sector.鈥�

Buhari stated: “It is, therefore, a most welcome booster to our government鈥檚 strategy for achieving food security and reducing poverty.

鈥淕iven recent developments globally, especially the effect of the ongoing war in Europe on world-wide food supply chain, I must commend your foresight for bringing the plant into operation at the time you did.鈥�

He as well noted: 鈥淚 note that market realities will bring pressure to bear on Dangote Fertilizer Limited in seeking to meet the demands of your export customers.鈥�

鈥淗owever, given your group鈥檚 well-known patriotic vision, I am confident that your Board will continue to accord priority to meeting local demands of our farmers.鈥�

President Buhari also commended the Dangote Group for extending investments to other African countries, while highlighting the vision behind the refinery.

He added: 鈥淢r. Chairman, I must specially commend you and your Board for the development of the Dangote Refinery and Petrochemicals Complex. I had a good view of this incredible city of steel and concrete when my helicopter circled over it during my visit for the commissioning of the Fertilizer Plant (in Lagos).鈥�

Speaking during the visit, 聽Aliko Dangote, President of Dangote Group, said the Board was at the State House to express profound appreciation to the President for the great honour to the Dangote Group when he commissioned the new 3m MTPD Fertilizer Plant, which was the latest subsidiary company of the Dangote Industries Limited.

The Group President and Chief Executive of Dangote Group also stated: 鈥淲e also take the opportunity to reiterate our immense gratitude for the sustained effort of your administration through various policy initiatives aimed at progressively improving the business environment and investment climate, despite some unprecedented challenges our economy has been confronted with over the past decade.

鈥淲e are also deeply grateful for your direct interventions at various times when our operations were challenged by some unintended consequences of economic policy positions.

鈥淵our interventions have not only helped to resolve business challenges but have been a source of great encouragement in our determination to continue to invest in our economy for the benefit of our country and our people.鈥�

Dangote said the Board looked forward to the return of President Buhari to commission the Oil Refineries and Petrochemicals project, which will transform the Nigerian economy.

He further noted: 鈥淭hrough the outputs of our various businesses, our Group is proud to be making significant contributions to the diversification and growth of our nation鈥檚 economy, which is second only to Federal Government in the size of our workforce,鈥� he added.

The Chief Executive of the Dangote Group said with more investments in agriculture and Oil and Gas sectors, greater impact would be made on the country鈥檚 economy.

Dangote Group of industries would always hold on to the President鈥檚 mantra on the economy to 鈥減roduce what we consume and consume what we produce,鈥� said he.

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