The Dangote Group said on Tuesday that its investments on new
projects on agriculture, sugar, oil refinery and fertilisers would create
additional 250,000 employment opportunities for Nigerians when completed.
The projects, sited in some states, including Jigawa,
Taraba, Kano and Kogi, according to the group, will encourage self-sufficiency
in food production and reduce capital flight from the country.
The Executive Director (Communications) of the Group, Ahmed
Mansur, told journalists in Abuja that the company’s cement production was
expected to grow from its current 40 million tonnes to between 75 million and
80 million tonnes in 2020.
He said it was projected that about 40 million tonnes of the
product would be produced by the company in Nigeria.
Mr. Mansur commended the Federal Government’s efforts at
diversifying the economy, especially through agriculture and solid mineral,
adding that the policy was a sustainable and inclusive direction for economic
growth.
On the conglomerate’s Backward Integration Sugar Project, he
said that the existing 6,000 hectares of sugarcane plantation would be expanded
to cover 12,000 hectares to boost local sugar production.
“We are focusing on increasing investment in agriculture; we
have the largest transport fleet and we are developing new sugar plantations in
Sokoto, Taraba, Niger and Kwara to reduce imports.’’
The Dangote Group is a Nigerian multinational industrial
conglomerate.
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