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Business News of Tuesday, 19 September 2023


Dangote restates commitment to job creation

Aliko Dangote Aliko Dangote

Dangote Industries Limited has restated its dedication to creating employment opportunities for Nigerians.

In a statement, the group declared its continuous investments in critical sectors of the economy to create employment and promote decent jobs were irrevocable.

Speaking at the induction of a new batch of graduate trainees, the President of Dangote Group, Aliko Dangote, noted that the company had transformed from being a commodity trading company to manufacturing in the quest to contribute to the industrial development of the country, thus repositioning Nigeria in the African industrial landscape.

“The mission of the group is to touch the people’s lives by providing their basic needs and this could only be fulfilled through the manufacturing of goods that could meet the people’s needs. Hence, the massive investments in various sectors of the economy,” he said.

According to Dangote, manufacturing, as a means of meeting people’s needs, is a powerful tool for reducing poverty by creating jobs.

“They are currently benefiting from the graduate trainee programme, which demonstrates their commitment to employment generation,” he added.

He further stated that it was in a quest to meet the peoples’ needs through massive job creation that his Group added three new business portfolios worth over $20bn in refinery, petrochemical and fertiliser.

According to him, the investment will also generate about $16bn in foreign exchange for the country and a combined 250,000 jobs to help in reducing joblessness among the youths.