“You Are Doing Well”: Tinubu Visits Dangote’s Compartment, Hails Billionaire for Achievements
- President Tinubu lauds Dangote for his input and accomplishments in Nigeria and Africa
- He encouraged other business men and women to contribute to the growth of the country
- Experts believe Dangote Refinery will boost the economy and the country at large
President Bola Tinubu has praised the Dangote Group and commended the firm’s tremendous accomplishments in Nigeria and Africa.
He said this when he visited Dangote’s compartment during the 29th Nigerian Economic Summit in Abuja.
Source: UGC
Tinubu told Dangote:
“You are doing well. Do what you’re doing right, and keep it up. Continue to put money into Nigeria.”
Tinubu seeks more participation in business sector
In his opening remarks at the annual summit, the President emphasised cooperation is the only means by which the country can improve and urged participants in the business sector to contribute to the expansion of the Nigerian economy.
According to The Guardian, experts who spoke at the summit expressed optimism that the Dangote Refinery will significantly enhance Nigeria’s economy.
Olakunle Alake, Group Managing Director of Dangote Industries Limited, praised Tinubu’s administration for acknowledging the importance of the private sector.
He also stressed the value of teamwork during a panel discussion titled “Unlocking our Competitive Advantage.”
Alake said to effectively participate in the Africa and Continental Free Trade Area (AFCFTA), Nigeria must grow its manufacturing sector and total economy.
He listed obstacles to the efficient implementation of AFCFTA as insufficient infrastructure, a lack of requisite skills, and a poor producing sector.
The AFCFTA, he claimed, was not the solution to Nigeria’s economic problems.
He added that by supporting the growth of the industrial sector, the country might benefit the most from it.
Alake lamented the difficulty of conducting business with other West African countries and urged their leaders to tackle the problems hindering the adoption of ECOWAS protocols.
He advocated improved border, port, and customs services in Africa.
The organisation recently received several accolades and prizes for generating thousands of employment and making a difference in people’s lives after the presidential recognition.
According to reports, Dangote is one of the continent’s largest donors and the second-largest employer of labour behind the government.
Petroleum Institute Finally Completes Its Modular Refinery, Ready to Compete with Dangote’s
In an earlier report by Legit.ng, the Federal Ministry of Petroleum Resources’ Petroleum Training Institute (PTI) announced the completion of its modular refinery and aims to boost its capacity for usage in the commercial sector.
According to a Punch, the PTI, situated in Effurun, Delta state, plans to impart to artisanal refiners the skills required for refining crude oil.
He noted that the ministry helps to educate people about how their behaviour affects the environment.
Source: Legit.ng
