LCCI lauds impacts of Dangote Industrial Empire on Nigerian economy

Technology News



“THE Dangote Group is a Nigerian company managed by Aliko Dangote. We are very proud of this company, which is people oriented. The Dangote Group has added a lot of value to the growth of the Nigerian economy, and Nigeria would have fared better if the country could have two Dangote group.”

These were the words of the President of Lagos Chambers of Commerce and Industry (LCCI), Mr. Babatunde Paul Ruwase, during the Dangote Special Day at the on-going Lagos International Trade Fair in Lagos.

In Picture from left : President, Lagos Chamber of Commerce and Industry (LCCI), Babatunde Ruwase; presenting an award for Dangote Sponsorship of LCCI to the Group Managing Director, Group Commercial Operations, Dangote Industries Limited, Halima Aliko Dangote; and Supply Chain Director, Dangote Cement Plc/Deputy President, LCCI, Knut Ulvmoen during Dangote Special Day at the Lagos International Trade Fair in Lagos.

Ruwase, while addressing the trade fair community, said that the activities of the Dangote Group show high degree of vision, creative thinking, research, innovation, hard work and industry, which he added, have culminated into what one can describe as the Dangote business and industrial empire today.

In a presentation, the Group Managing Director, Dangote Group, Olakunle Alake, said the Group would continue to invest in the Nigeria’s economy.
Alake, said the company’s investment drive is being made manifest by the construction of the 650,000 barrels per day Dangote refinery, a fertilizer plant, rice, and cement noting that the refinery would be Africa’s biggest and the world’s biggest single-train facility, upon completion.


The company’s  Director, Supply Chain, Dangote Cement, Knut Ulvmoen, added “As an integrated operation, the Dangote farms and the mills are expected to significantly boost smallholder rice production in the regions through a nucleus and out-grower farming model. The plan is to grow seeds and distribute to farmers too to benefit from the high quality rice yields.  We have a scheme for the youths, Dangote Youth Rice Farm project. This is designed to provide employment for the teeming youth population across the country.”

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