Tinubu Highlights Dangote Group's Role in Job Creation

President Bola Tinubu, represented by Vice President Kashim Shettima, linked the investments of Dangote Group in manufacturing, agriculture, and petroleum refining to job creation and import substitution. This statement was made during a visit to the conglomerate's pavilion at the 32nd Nigeria Economic Summit in Abuja.

Tinubu emphasized that these investments are expanding domestic production, reducing reliance on imports, conserving foreign exchange, and stimulating economic activity. The Dangote Group operates in cement manufacturing, fertiliser production, sugar refining, salt processing, and petroleum refining, supporting local value addition and supply chains.

Tinubu noted that his administration is focused on creating favorable conditions for both public and private-sector investors to expand operations and generate employment. The Dangote Group is recognized as Nigeria's second-largest employer after the Federal Government, highlighting the significant role of large private businesses in employment and industrial development.

A key investment is the Dangote Petroleum Refinery and Petrochemicals complex in Lagos, aimed at increasing domestic refining capacity and reducing reliance on imported refined petroleum products.