President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has commended the economic reforms of the President Bola Tinubu-led Federal Government, saying they are helping to strengthen investor confidence and drive Nigeria’s economic recovery.

In a statement on Wednesday, Dangote, said the favourable policy environment had supported the continued growth and efficient operation of the Dangote Petroleum Refinery and Petrochemicals complex, Africa’s largest integrated refining and petrochemical facility.

“The progress being recorded at the Dangote Petroleum Refinery and Petrochemicals complex is closely linked to a policy environment that encourages investment, supports domestic industrialisation, and promotes self-sufficiency. These reforms are helping Nigerian businesses to plan with greater certainty, invest with confidence, and compete effectively on the global stage,” he added.

He said the government’s policies aimed at strengthening local refining capacity, reducing import dependence, improving energy security and encouraging value addition had contributed meaningfully to the refinery’s success and Nigeria’s broader economic development objectives.

Dangote said the ongoing fiscal, monetary and regulatory reforms had helped significantly to improve macroeconomic stability, enhance productivity across key sectors, increase Nigeria’s attractiveness as an investment destination and foster a more resilient business environment.

According to him, the economic reforms being implemented by the Federal Government are beginning to yield tangible results.

“We are witnessing improved economic activity, stronger investor confidence, increased industrial productivity, and a more resilient business environment. These measures are laying a solid foundation for sustainable economic growth and long-term prosperity for Nigeria,” Dangote stated.

He explained that the reforms had created a more enabling operating environment for businesses, particularly large-scale manufacturing and industrial enterprises critical to economic diversification, job creation, foreign exchange generation and national competitiveness.

“We commend the Federal Government for its courage and determination in implementing reforms that are essential for economic transformation. While every reform process comes with initial challenges, the benefits are increasingly evident in stronger economic indicators, improved business confidence, and renewed investor interest in Nigeria,” he maintained.

Dangote further stated that the refinery’s increasing production capacity and expanding export footprint were contributing significantly to Nigeria’s economic resurgence by generating foreign exchange earnings, creating employment opportunities, strengthening local supply chains and positioning the country as a leading energy and manufacturing hub.

Reaffirming the group’s commitment to supporting the Federal Government’s economic agenda, he said Dangote Industries Limited would continue to invest in strategic sectors, drive innovation, promote industrial development and create sustainable employment opportunities.

“Our vision has always been to support Nigeria’s economic development through transformative investments. Today, we are witnessing how the combination of private-sector commitment and decisive government policies can unlock unprecedented opportunities for national growth. The refinery, petrochemical operations, fertiliser production, and our other industrial investments are helping to build a more self-reliant, competitive, and prosperous economy,” he said.

He expressed confidence that sustained reforms, policy consistency and stronger collaboration between the public and private sectors would further stimulate economic growth, attract increased foreign direct investment and reinforce Nigeria’s position as one of Africa’s most attractive investment destinations.

“Nigeria is on the path to becoming one of the world’s leading industrial and economic powers. With continued policy consistency, robust private-sector participation, and investment-led growth, the future of our economy is exceptionally bright,” Dangote concluded.