TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Nigeria still investment destination despite challenges – Dangote …urges confidence in nation’s economy

The Citizen by The Citizen
February 16 2015
in Business, Latest News, Uncategorized
A A
0

President of Dangote Group and Chairman of Dangote Cement Plc, Aliko Dangote has urged Nigerians to see the current economic challenges being faced by the country as a wake up call for all Nigerians to re-dedicate themselves to the task of building the nation through production activities

 

The business mogul said though the economic downturn is ravaging most countries of the world including Nigeria but that the situation is not unsumountable  if properly addressed adding that it could also served as stepping stone that will make the country to be more economically stronger in the future.

 

Dangote who has always expressed his abiding faith in Nigeria as an economically viable nation told a delegation of cement distributors from across the country who paid him a visit in his office in Lagos that Nigeria still remain the destination of choice for investments despite the economic and security challenges.

 

He explained that with good support for the government of the day in the task of tackling the challenges and the transformation agenda of the Federal Government, the current challenges would soon be a thing of the past and Nigeria would come out stronger from it.

 

Said he; “I have always said it that Nigeria is a good place to investment. God has given us in Nigeria what many other countries don’t have and they keep searching for it. We have got fertile land for agriculture, we have the minerals resources and we have oil. All we need to do is to harness them for our our good.

 

“The present challenges we are facing should not deter us from going our economy. It shouldn’t stop us from  investing. It’s just a passing phases. Other countries whom referred to as developed started from somewhere. They all experienced some of these challenges in the past. So I want us to see these challenges as obstacles towards attaining greatness.”

 

Dangote told the distributors that it was for this reasons that he had continued investing in Nigeria’s economy because “If Nigerians do not investing their country, other people would not come. They will want to see our success story before they can come.”

 

He then promised the distributors that his companies would continue to live up to expectation to ensure that there interests are protected at all times noting that as a matter of policy his companies have put in place an arrangement to consider relations of his distributors for job opportunities once there is opportunity for that.

 

Therefore, he stated that if there people who should benefit from the job opportunities provided by this investments, it should first and foremost go to the distributors who are the strategic integral part of his cement business.

 

Dangote also informed the customers of the ongoing efforts to refine the service being provided for the customers so as to add more value to them saying going forward the customers would see a change and delivery of the product would be seamless and without hassles.

 

He took time to answer questions and observations raised by the distributors who also commended him for his doggedness in investment locally as opposed to others who chose to take money away from the country.

 

Also speaking, his honorary Adviser, Engineer Joseph Makoju told the distributors that Dangote Cement is more than ready to meet and exceed their expectation saying the production capacity expansion is intended to make cement more available and subsequently bring down the price.

 

According to him, the Company has put in place certain processes to serve the distributors better than before. He referred to the payment for the bonus at half year instead of yearly as one of the new steps to better serve them.

 

Makoju to the excitement of the distributors announced the completion of new arrangement for customer service in which the distributors can reach the management twenty hours to lodge complaint and have their complaint attended to promptly.

 

“What we are trying to do is to ensure that you grow along with us. That is not a bad idea and I think we should commend him for that. Let us know what your problems are, we are ready to solve them immediately. With new production lines now on board in Ibese and Obajana, you can say bye bye to scarcity”, Makoju explained.

 

It would be recalled that Dangote Cement had just added two new lines to the 6 million metric ton capacity per annum at Ibese to shore up its capacity to 12 million while additional 3 million capacity line is being added to Obajana plant to bring total capacity to 13.25 million tons per annum.

 

Also the Dangote Group had signed an MOU with the Federal Ministry of Agriculture, a deal that will see Dangote providing N165 billion for rice cultivation in  five states as part of he Agric revolution of the transformation agenda of the federal government.

 

Earlier, Dangote has noted his readiness to ensure timely completion of his petroleum refinery in Lagos thus making him the first Private Nigerian to obtain license and commence actual construction of the refinery as many who had earlier obtained license for same have failed to commence physical preparation.

Previous Post

Egypt bombs ISIL targets in Libya after mass beheadings

Next Post

For tearing his membership card, Ogun PDP expels Obasanjo

Related Posts

Refiners predict petrol price drop below N400/ltr
Business

Marketers reject govt plan to cap petrol price

October 16 2026
Economy: ₦1m salary worthless without stable Naira – NLC
Headlines

FG, NLC clash over minimum wage talks

October 16 2026
Presidential poll: Legal battle begins Monday as tribunal hears petitions
Latest News

2027: You can’t campaign through surrogates – Atiku, Obi tell Tinubu

October 16 2026
Tinubu appoints NECO, NBTE chairmen, names poly rector, renews library DG tenure
Headlines

Tinubu orders rescue of kidnap victims, safe 2027 polls

October 16 2026
Tinubu, Shettima’s absence: I’m not Acting President, says Akpabio
Headlines

Senate President rejects move to decriminalise attempted suicide

October 13 2026
NAF crash: Ondo community demands urgent cleanup following offensive stench, spill
Latest News

NAF crash: Ondo community demands urgent cleanup following offensive stench, spill

October 13 2026
Next Post

For tearing his membership card, Ogun PDP expels Obasanjo

Police to withdraw personnel from politicians, others

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

ODDITIES

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

GLOBAL NEWS

Nigeria: Pope Leo XIV urges release of abductees from terrorists’ den

Pope Leo’s lung surgery successful — Vatican

by The Editor
October 13 2026
0

...

Child Soldiers: US threatens to cut military aid to Nigeria

Child Soldiers: US threatens to cut military aid to Nigeria

by The Editor
October 13 2026
0

...

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

by The Editor
October 13 2026
0

...

US releases fresh names, photos of 24 Nigerians on deportation list

US releases fresh names, photos of 24 Nigerians on deportation list

by The Editor
October 12 2026
0

...

US to livestream Fort Hood shooter’s execution

US to livestream Fort Hood shooter’s execution

by The Editor
October 9 2026
0

...

State of the States

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC shares N2.43tr among FG, states, LGs

October 16 2026
Refiners predict petrol price drop below N400/ltr

Marketers reject govt plan to cap petrol price

October 16 2026
Economy: ₦1m salary worthless without stable Naira – NLC

FG, NLC clash over minimum wage talks

October 16 2026
Netflix secures exclusive 2030 FIFA World Cup broadcast rights in Spain, Andorra

Netflix secures exclusive 2030 FIFA World Cup broadcast rights in Spain, Andorra

October 16 2026

EDITORIAL REVIEW

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum

Don’t involve civil servants in politics – Punch

by The Editor
October 16 2026
0

Kano, Sokoto, others spend N53.2bn on scholarships abroad

Kano, Borno spreading tyranny – Punch

by The Editor
October 13 2026
0

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

US Congress okays bill to cut foreign aid to Nigeria

Nigeria’s revolving-door budgeting – Punch

by The Editor
October 12 2026
0

Police, Oyo LG deny release of kidnap victims after Igboho’s ultimatum

Tinubu’s extended absence – Punch

by The Editor
October 8 2026
0

Opinion

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.