Leading economists, financial experts and industry stakeholders have described investments by Dangote Group as major drivers of industrialisation and economic transformation across Nigeria and Africa.
They cited the conglomerate’s impact on job creation, import substitution, foreign exchange conservation and economic competitiveness.
The stakeholders said the group’s large-scale projects in cement, refining, agriculture and other sectors are reducing Nigeria’s reliance on imports while boosting local production and export capacity.
According to them, Dangote’s investments are also strengthening Africa’s industrial base and positioning the continent to compete more effectively in the global market.
Source: The Guardian Nigeria