Dangote Receives Reward Over Financial Diversification Drive

Dangote Receives Reward Over Financial Diversification Drive
President/CE Dangote Group, Aliko Dangote


Dangote Group has been counseled by the Federal Authorities for complementing the federal government’s efforts to diversify the nation’s economic system and selling greatest practices all through the corporate.

The commendation got here because the Ogun State Authorities stated the Dangote Cement was a key driver of the state’s economic system with the situation of the continent’s second greatest cement plant within the state.

Minister of State for Surroundings, Dr Iziaq Saloko, in keeping with assertion on Thursday, disclosed this whereas on a go to to Dangote Cement plant, Ibese, Ogun State on Wednesday.

The go to was adopted by a group engagement preparatory to the Professional Panel Assessment of the report of an Environmental Affect Evaluation carried out on coal milling on the plant.

Salako stated, “Dangote Industries as a complete is a world conglomerate and I’m comfortable that the corporate is on the forefront of selling greatest practices when it comes to conception, planning, implementation, administration of factories which can be producers like this.”

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The minister and his entourage, who have been acquired by the plant administration led the Plant Director, Mr Azad Nawabuddin, described mining as one of many key industrial sectors that President Bola Tinubu’s administration had focused for financial diversification because the nation embarks on gradual shift from oil and fuel dependency.

He stated it was for that motive that Dangote Cement ought to be counseled for the large cement plant which is creating jobs and alternatives for export.

Additionally, the Ogun State Commissioner for Surroundings, Ola Oresanya, who represented the Governor, Dapo Abiodun, stated the state was a beneficiary of Dangote Cement presence with the quantity of levies and taxes it had paid into the state coffers.

He referred to as for a extra collaboration between the state companies and the corporate, noting that the state was not unaware of the actions of the plant to raise its host communities.

In his comment, Nawabuddin took the minister by means of the social investments and infrastructural milestones recorded by the plant since inception.

He added that the corporate had been capable of considerably contribute to infrastructure improvement and employment within the host communities.

Based on the plant director, Dangote Cement, Ibese Plant had been a significant contributor to financial diversification efforts of each the State and Federal Governments by creating jobs, exporting cement and clinker to neighbouring nations to draw international alternate into the nation.

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