fbpx
Connect with us

News

Buhari lauds Dangote’s entrepreneurial acumen, enjoins Nigerians in business to emulate him

Published

on

President of Dangote Group, Aliko Dangote, presenting a gift to President Muhammadu Buhari, during a courtesy visit by the Management and Board of Dangote Industries Limited (DIL), to the Presidential Villa, in Abuja on Friday

 

 

 

President Muhammadu Buhari on Friday in Abuja lauded the entrepreneurial spirit and doggedness of the President of Dangote Industries Limited (DIL), Aliko Dangote and urged Nigerians in business to emulate this iconic figure, to enable the country witness real economic growth and development.

 

While receiving the President of DIL and Board members of Dangote Group at the Presidential Villa, Abuja, President Buhari thanked the Management and Board of Dangote Group for the courage and foresight in embarking on mega investment projects “…which will have enduring benefits to generations of Nigerians. I have no doubt that such bold decisions can only be conceived by a mindset which transcends conventional commercial viability considerations.

Creation Of State Police Best Way To Fight Insecurity-Obasanjo

“Entrepreneurs such as Alhaji Aliko Dangote are unique gifts to their societies and the institutions they build, and they often become the pillars of stable enduring prosperous economies,” Buhari added.

 

To this end, the President said: “I therefore urge other Nigerians in the business sector to emulate this iconic entrepreneur by investing in such enterprises that will in time become worthy legacies as national assets, which will continue to benefit their people for generation after generation, creating firm anchors of enduring prosperity for their citizens.”

 

While further commending Aliko Dangote and his team for investing in areas that bring the highest benefits to Nigerians, the President said: “I recall, with great pleasure, my visit to the Dangote Free Zone just about four weeks ago, to commission the Group’s new 3 million metric tonnes fertiliser plant. Let me, once again, congratulate you and your Board for a very successful commissioning ceremony.

 

“As I said at that event, the coming on stream of this plant was a huge opportunity to ramp up the productivity of our agricultural sector. It is, therefore, a most welcome booster to our government’s strategy for achieving food security and reducing poverty. Given recent developments globally, especially the effect of the ongoing war in Europe on world-wide food supply chain, I must commend your foresight for bringing the plant into operation at the time you did.

 

“I note that market realities will bring pressure to bear on Dangote Fertiliser Limited in seeking to meet the demands of your export customers. However, given your group’s well known patriotic vision, I am confident that your Board will continue to accord priority to meeting local demands of our farmers,” the President noted.

 

President Buhari also commended the Dangote Group for extending investments to other African countries, while highlighting the vision behind the refinery. “Mr. Chairman, I must specially commend you and your Board for the development of the Dangote Refinery and Petrochemical complex. I had a good view of this incredible city of steel and concrete when my helicopter circled over it during my visit for the commissioning of the Fertiliser plant”, he said.

 

In his remarks, the President of Dangote Group, Aliko Dangote said the Board was at the State House to express profound appreciation to the President for the great honour to the Dangote Group when he commissioned the new 3m MTPD Fertiliser plant, which was the latest subsidiary company of the Dangote Industries Limited.

 

“We also seize the opportunity to reiterate our immense gratitude for the sustained effort of your administration through various policy initiatives aimed at progressively improving the business environment and investment climate, despite some unprecedented challenges our economy has been confronted with over the past decade.

 

“We are also deeply grateful for your direct interventions at various times when our operations were challenged by some unintended consequences of economic policy positions. Your interventions have not only helped to resolve business challenges but have been a source of great encouragement in our determination to continue to invest in our economy for the benefit of our country and our people,” he noted.

 

Dangote said the Board looks forward to the return of President Buhari to commission the Oil Refineries and Petrochemicals project, which will transform the Nigerian economy. “Through the outputs of our various businesses, our Group is proud to be making significant contributions to the diversification and growth of our nation’s economy, which is second only to Federal Government in the size of our workforce,” he added.

 

The leader of the Dangote Group said with more investments in agriculture and Oil and Gas sectors, greater impact would be made on the economy. Dangote also submitted that the group of industries would always hold on to the President’s mantra on the economy to “produce what we consume and consume what we produce.”

News

Kwankwaso’s entry into NNPP propelled the party to prominence -Habib

Published

on

Hisham Habib

A member of the New Nigeria Peoples Party in Kano Malam Hisham Habib has asserted that the entry of the national leader and also presidential candidate in 2023 Dr Rabiu Kwankwaso has uplifted the party more in its entire years of existence.

The former Kano State chairman of the party said as a member and a witness of the party s activities before and after Kwankwaso entered the party with his supporters, the statements credited to the party s founder were without decorum and contentment.

He said the party was at it s lowest ebb and the leadership has not been able to resuscitate the weak structures especially in the states stressimg that the founder Dr Boniface Aniebonam and his loyalists should be grateful to God for routing Kwankwaso into a party which cannot sponsor delegates to a convention talkless of winning at the polls.

“Kwankwaso entrance brought NNPP the first major victory that was spectacular and unimaginable, we won the governorship with the highest number in the country that no other governor scored a million votes is a milestone and a feat, moreover the party s presence at the national assembly was unprecedented ” he said

He urged the Board of Trustee Chairman to display the better part of maturity expected of a statesman and ignore the evil machinations of the saboteurs who are scared of the successes recoded by the party and the prospect it has in the near future, while also emphasizing that Engineer Kwankwaso has been consistent in his dealings with people who supported him which earned him respect globally and nationally.

The ex chairman said Nigerians from all walks of life trooped into the party because of the former Defence minister and the majority of members nationwide see Kwankwaso as the leader which naturally puts him in front considering his antecedents in the political landscape.

Continue Reading

News

Zamfara Residents Petition NERC Over Inadequate Electricity Supply

Published

on

Governor Dauda Lawal Dare

 

Electricity consumers in zamfara state have petitioned the Nigeria electricity Regulatory commission NERC to investigate the activities of the kaduna electric distribution company over inadequate supply of electricity to customers.

A cross section of residents who spoke to radio Nigeria in Gusau express concern that the company has failed to live up to it’s responsibility by not supplying them with adequate power especially at this period.

One of the resident Mal Awwal Umar Damba alledge that the company is now supplying power to customers of Band A at the detriment of the other bands.
According to him, since the commencement of the banding policy electricity consumers have not been getting supply from the company.
Another customer, Musa Mohammed Mareri expressed concern that non supply of electricity has hampered Small and medium enterprise activities as light was only given to them for only thirty minutes within twenty four hours.

He Said that this has negatively affected their businesses and called for action to address the sufferings of customers.
Musa Mareri explain that so far many businesses such as tailoring, grinding, welding and have close their operation due to non availability of power.

Radio Nigeria correspondent’s in Gusau report that the problem of inadequate power supply in the state has worsen in the last few days as some residents spent days without electricity thereby causing untold hardship to residents.

Continue Reading

News

Preside Tinubu Calls For Stronger Partnerships In Manufacturing Sector

Published

on

 

President Bola Tinubu says Nigeria’s investment climate has been bolstered by critical new reforms, with an array of opportunities across sectors for investors.

Speaking during the presentation of a letter of credence by the Ambassador of the Republic of Korea to Nigeria, Vice-Admiral Kim Pan Kyu, at the State House, on Friday, the President said Nigeria is a huge market for Korean products, particularly for Korean goods manufactured and produced in Nigeria, while emphasizing that Nigerian goods will be of great benefit to the Korean market.

Highlighting the favourable economic outlook of the country, President Tinubu invited more South Korean companies to leverage these opportunities by establishing production bases in Nigeria.

”I am glad that you have a very good knowledge of Nigeria and appreciate the role of our country in Africa. Our doors are open for economic opportunities and trade, and I acknowledge that several South Korean companies and products are firmly entrenched in the Nigerian market.

”Nigerians appreciate South Korean technology, and Nigerian products can also be beneficial to South Korean markets. You need to bring more of your companies and manufacturing plants here. We have everything your industries require to excel as we progress over the near-term. We can partner on skill development and the systematic transfer of knowledge to further empower our country’s innovative youth population.

”We have investment opportunities in the solid mineral sector and other areas, and cooperation in these areas will strengthen our bilateral relations,” the President said.

Recounting his fruitful discussions with President Yoon Suk Yeol during the G20 Summit, in New Delhi, in 2023, and their mutual commitment to strengthen cooperation, President Tinubu pledged to build on the outcome of that meeting to further expand bilateral ties.

He welcomed an invitation from President Yoon to attend the first-ever South Korea-Africa Summit from June 4 to June 5, 2024, in Seoul, South Korea, and directed Nigeria’s Ministry of Foreign Affairs to keep him abreast of the matter.

Ambassador Kim underscored President Tinubu’s pivotal role as the Chairman of ECOWAS Authority of Heads of State and Government and leader of Africa’s largest economy, population, and democracy.

He noted the importance of Nigeria’s participation at the highest level at the Summit to enhance bilateral relations while also creating a future of prosperity for Africa and Korea as genuine partners in progress.

”Your Excellency’s visit to South Korea for the Summit will provide an excellent opportunity to strengthen the relations between the two nations,” the Ambassador said after reading a formal invitation from President Yoon.

Earlier, President Tinubu also received letters of credence from Ambassador Antit Mohsen of Tunisia and High Commissioner Muhali Imbuwa of Zambia.

At the separate events, the President emphasized the need to strengthen African unity and brotherhood that not only creates economic opportunities but also works toward eliminating conflicts across the continent.

Speaking with the High Commissioner of Zambia, the President said African unity and cooperation are important if the continent must overcome perennial conflict.

”We are ready to explore more areas of cooperation that promote African brotherhood and ensure sustainable growth across different sectors and provide economic opportunities for our citizens.

”Our doors are open, and do not hesitate to bring any challenges you may have in the course of your duty to the Ministry of Foreign Affairs,” the President told the Zambian High Commissioner.

In his audience with the Tunisian Ambassador, the President affirmed Nigeria’s willingness to deepen partnership with North African countries toward achieving continental prosperity for all African people.

He declared that Nigeria is open for business like never before and that the international community is taking notice, while investor confidence in the country is returning.

He thanked the Ambassador for acknowledging the progress in the country in the last eleven months of his administration, promising that his government will continue to ensure a memorable and rewarding stay for representatives of foreign governments.

The Tunisian Ambassador said his government welcomes the new vibrancy and determination the President has brought into national leadership since his inauguration on May 29, 2023.

”We welcome the economic reforms and the enhancement of national security in Nigeria under your leadership.

”Because of what we have seen, we are emboldened to collaborate on a new level, particularly in the areas of trade, economy, and defence,” the Tunisian Ambassador said.

 

 

Continue Reading

Trending