Dangote Group Calls for Greater Investment in Industry

At the 36th Enugu International Trade Fair, the Dangote Group emphasized the need for increased investments in technology to enhance the competitiveness of Nigeria’s industrial sector on the global stage.

Mr. Ayirioritse Okerentie, Deputy Regional Director for Dangote Cement Plc in the Southeast, highlighted the importance of adopting global best practices and prioritizing research and development to drive innovation and improve product quality.

Okerentie shared the company’s contributions to Nigeria’s economic growth, citing the creation of millions of jobs, reduction in the importation of finished goods, and the promotion of local manufacturing. He also noted Dangote’s export of refined petroleum products, fertilizers, and other goods to regions including Africa, Europe, America, and Asia.

He stressed that the industrial sector could significantly boost the economy by creating jobs, adding value to raw materials, and reducing reliance on imported goods. He called for a large-scale technological transformation to ensure Nigerian-made products are globally recognized.

Read Also:

• Dangote refinery retained 13% of Nigeria’s crude exports – Report
• Dangote Refinery to Fuel New Industrial Growth Across Nigeria

The President of the Enugu Chamber of Commerce, Industry, Mines, and Agriculture, represented by Chief Eric Chime, commended Dangote’s role as a major employer and praised its investments in the oil and gas sector, which have helped stabilize Nigeria’s fuel prices. He urged the federal government to continue supporting Dangote’s expansion to ensure it continues to contribute to the country’s economic growth.