Labour hails Dangote’s investment drive

Following his investments in automobile and agriculture, the organised labour in the country has commended the President and Chief Executive of Dangote Group, Aliko Dangote, for promoting investments and creating thousands of direct and indirect employment for youths across the country and Africa.

The Secretary General of the National Textile Garment Workers Union, Issa Aremu, who was speaking on the sidelines of the 5th Triennial National Delegates Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria in Abuja, where he represented former Edo State Governor, Adams Oshiomhole, as the guest speaker, lamented that others who should have invested in the country were stashing their money abroad and thus denying the nation much-needed investment.

He said Nigeria would have been an industrial giant in Africa if the nation could boast of more Dangotes.

“Little wonder other African leaders are courting his friendship so that he could extend his investments into their countries. I don’t think there is any other Nigerian with much investment in and outside the country like Dangote. I understand he has his companies in 15 African countries. We are proud of him,” Aremu stated.

READ ALSO :  President Elect, Muhammadu Buhari Meets With His Old School Mates

According to him, diversification is not the same as replacing extractive crude oil with another extractive solid mineral but “in beneficiation, industrialisation and value addition along the whole value chains.”

Aremu noted further that no diversification could take place in agriculture, and solid minerals without the necessary available resources that were accruable from the oil and gas sector.

“It is obvious that 40 per cent of national employment comes from the sector. Not only that, 95 per cent of foreign exchange earnings comes from oil and gas. Sixteen per cent of our GDP also comes from this sector,’’ he said.

Referring to some projects executed by the Dangote Group and the Aliko Dangote Foundation, Aremu described Dangote as a detribalised Nigerian who should be encouraged to invest more in the country.

“It is on record that he is single-handedly responsible for the ongoing construction of N7bn hospital at the Murtala Mohammed Specialist Hospital in Kano and N600m Business School in Bayero University, Kano,” Aremu added.

Share This With Your Friends

ADS:- CLICK HERE TO ADVERTISE WITH US OR SUMMIT AN ARTICLE

My Name is Williams, the Founder/CEO of this Blog, I am a full time Blogger and Social Media Publicist. I'm an undergraduate of FUTMINNA. Kindly Subscribe above to get our latest News via Your Email. Its Nice Having You Here.

Leave a Reply

Your email address will not be published. Required fields are marked *