Friday, April 19, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Dangote group pledges to help Kano, FG out of recession

Dangote group pledges to help Kano, FG out of recession
November 28
18:44 2016

Dangote group has pledged to support the federal government and Kano state in exploring key sectors of the economy to cushion the effect of the recession among Nigerians.

The group said in a statement on Monday in Abuja, that it would exploreopportunities opening up in agriculture, mining and infrastructure, through partnership with the levels of government.

Halima Dangote, an executive director of the group, made the pledge at the Dangote Special Day ceremony at the Kano International Trade Fair in Kano.

Halima, who was special guest at the event, represented Aliko Dangote, president of the group.

Advertisement

Dangote said challenges of the recession rather presented opportunities to explore areas of development and bring back the lost glory of Nigeria’s economy.

He said it was such determination that informed the reopening of Dangote Flour Mill in Kano as well as the Tomato factory processing project in Kadawa area of the state.

Dangote said the project would have been fully operational but for the hitches caused by tomato disease in the country and some technicalities.

Advertisement

He reiterated efforts by the group to ensure sustainability in rice production through extensive out-grower programme in Jigawa.

“It is our intention to establish a large scale rice mill of 250,000 tonnes per annum capacity in Kano, to process production in three states,’’ Dangote said.

He said that Dangote fertilisers project, with capacity of 2.8 million tonnes per annum, the largest plant in sub-saharan Africa, would be inaugurated by the end of 2017.

Dangote commended the Kano Chamber of Commerce, Industry, Mines and Agriculture, and the government for their commitment to the business community “as demonstrated by the fair which attracted wide range of businesses from far and near’’.

Advertisement

He assured the chamber of the Group’s willingness to continue partnership and scale up its presence in the years ahead.

Umar Dansuleka, President of KACCIMA, said presence of Dangote at the fair was an encouragement to other businesses aspiring for greater heights.

The conglomerate, Dansuleka said, had made a mark across Africa and the globe through its products and services, thereby enhancing image of the country.

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.