The Pan-African Conglomerate, Dangote Industries Limited (DIL), has reaffirmed its unwavering commitment to driving the industrialisation of Nigeria and the African continent as a whole.
The company also pledged to persist in its transformative efforts and maintain a leadership role in advancing sustainable economic growth across the region, a commitment that comes amid a period of crucial economic diversification for the nation.
This position was made known by the Group Executive Director, Commercial Operations, Hajiya Fatima Aliko Dangote, during the Dangote Special Day at the ongoing 2025 Lagos International Trade Fair (LITF), held at the Tafawa Balewa Square in Lagos.
The commitment was made just as the leadership of the Lagos Chamber of Commerce and Industries (LCCI) described Dangote Industries Limited as a worthy partner that has been pivotal to the success of the Chamber over the years.
Hajiya Fatima Aliko Dangote, who was represented by the Group Sales and Marketing Director, Dangote Cement Plc., Mrs Funmi Sanni, pointed out the economic imperative of the conglomerate’s continued expansion.
She described industrialisation as the most viable path to value addition, economic diversification, and large-scale job creation for the nation’s youth, aligning the company's vision with Nigeria's overarching development goals.
In a major announcement that sent positive signals to the business community, Aliko-Dangote re-echoed the company's ambitious plan to expand its Dangote Petroleum Refinery’s capacity.
The capacity is set to increase from its current 650,000 barrels per day (bpd) to a staggering 1.4 million bpd by 2028. This aggressive expansion is positioned to cement Nigeria’s status as a regional refining hub, dramatically improving the country’s economic outlook.
Speaking on the theme of the ongoing trade fair, “Connecting Businesses, Creating Value,” Aliko-Dangote stated the theme was both timely and highly appropriate.
She noted that it encapsulates the Chamber’s strategic vision of bringing together many stakeholders, including manufacturers, suppliers, distributors, and consumers, in the same location.
This singular gesture, she stated, created an avenue for Business-to-Business (B2B) and Business-to-Consumer (B2C) engagements, providing valuable feedback for areas of improvement.
Aliko-Dangote stated that the group, as Africa’s leading indigenous conglomerate, was connected to several businesses across the world and consistently creating value.
Central to the company’s continental strategy is its guiding investment philosophy: that only Africans can develop Africa.
“This is why we have invested in many African countries,” she stated, listing several recent high-profile ventures that underscore this philosophy.
She highlighted the recent historic groundbreaking ceremony of the $2.5 billion, 3 million Metric Tonne Urea Fertiliser Production Complex in Gode, Ethiopia.
This new plant is a partnership between the Dangote Group and Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia.
Aliko-Dangote stressed that the project, upon completion, will generate thousands of direct and indirect jobs in the country while simultaneously boosting vital agricultural output.
Further detailing the group’s expansion across the continent, Aliko-Dangote disclosed that the group had commenced the expansion of Dangote Cement Plant in Ethiopia with a $400 million investment plan for a second production line.
She also added that its 3Mta Côte d’Ivoire grinding plant started operations in the third quarter, marking another major bold step in Dangote Cement’s growth journey and increasing the company's total installed capacity to 55 Mta across Africa.
“This milestone reinforces our commitment to regional self-reliance and strengthens our position as the continent’s leading cement producer,” she affirmed.
Domestically, she announced that the group had started construction of a new 6 Mta integrated cement plant in Itori, Ogun State, a facility that would be dedicated for export to neighbouring countries.
The Group’s commitment to Nigeria was further demonstrated by plans to expand Dangote Fertiliser Ltd. and Dangote Polypropylene to increase their contribution to the domestic economy.
Significantly, Aliko-Dangote affirmed the commitment of Dangote Sugar to ensuring that Nigeria ends the importation of raw sugar into the country by actively intensifying its execution of the Sugar Backwards Integration initiative.
In this regard, it has committed over $700 million in land acquisition, machinery, infrastructure, manpower, community relations, corporate social responsibility (CSR) and other impactful activities.
A highlight of the Special Day was the unveiling of two new categories of Dangote Sugar packs — the 100ml sachet and 25 kg bag, by the Chief Executive Officer of Dangote Sugar Refinery Plc, Mr Ravindra Singhvi.
Mr Singhvi acknowledged the immense growth of the Dangote Group companies, highlighting its position as the largest in Africa and a significant player globally.
Looking to the future, he announced ambitious plans for two major projects, which would focus on producing sugar from Nigeria, by Nigerians, and for Nigerians.
According to him, these initiatives are set to significantly enhance the company's capabilities and better meet market demands.
“Currently, the company offers 50 kg bags, both fortified and unfortified, for various consumer segments. In response to changing consumer preferences and market dynamics, two new packages are being launched: 25 kg bags and 100-gram bags," he said.
In his remark at the ceremony, Mr Gabriel Idahosa, President, LCCI, said the Dangote Group has been playing a visionary role, emphasising that the role of visionary industrial leadership was crucial to navigate the complexities of a rapidly evolving global economy.
He stated that the leadership of Dangote Group had demonstrated industrial prowess by investing where others were hesitant, while expressing the appreciation of the Chamber for the collaboration and support the Company has extended over the years.
Idahosa described the birth of Dangote Refinery as a clear demonstration of an industrialist utterly passionate about the country and willing to support various areas of impact.
“With the Dangote Refinery having a confirmed capacity to meet the local demand in Nigeria, the Nigerian economic outlook looks bright,” he asserted.
He concluded that the LCCI remained committed to fostering partnerships, promoting policy advocacy, and creating platforms that enabled businesses and industries to thrive.
#Dangote #NigeriaIndustrialization #AfricanDevelopment #DangoteRefinery #LITF2025 #EconomicGrowth #LagosTradeFair #LCCl
All rights reserved. The content on this website, including text and other digital materials, may not be reproduced, published, broadcast, rewritten, or redistributed, in whole or in part, without the express written consent of The News Accelerator Network.
For advertising inquiries, news coverage, or press releases, please get in touch with us at
📧 thenewsacceleratornetwork@gmail.com
📞 08051017159, 08173970030
Kindly follow us on: https://www.facebook.com/thenewsaccelerator
You can also subscribe to our YouTube channels here: https://www.youtube.com/channel/UCVELRC3WinKZ7tdmhmZaRmQ?sub_confirmation=1
Post a Comment