Aliko Dangote, Dangote Group chairman, says his company’s investment in the sugar sub-sector will help provide no fewer than 300,000 jobs in Nigeria.
According to a statement by the group, Mr Dangote said the company was providing fresh funds to expand its operations in the sugar sub-sector.
Mr Dangote, speaking at the flag-off ceremony of the 2022/2023 Crushing Season and Outgrower Scheme Awards in Numan, Adamawa, said the opportunities would include direct and indirect jobs.
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“We are making (a) massive investment in Adamawa state through expansion of DSR Numan’s sugar refining capacity from 3000tcd to 6000tcd, and 9800tcd to 15,000tcd,” said the group’s chair. “DSR will be able to create about 300,000 jobs, direct and indirect, with positive multiplier effects on the economy nationwide.”
Mr Dangote was appointed the chairman of the National Job Creation Committee in 2010 to assist the federal government in providing more employment opportunities for Nigerians.
He also announced that his company was doubling its spending on CSR schemes in host communities in Adamawa, the location of its 32,000 hectares integrated sugar complex.
Speaking in Numan, the Minister of Industry, Trade, and Investment, Adeniyi Adebayo, described the Dangote Sugar Refinery as the biggest contributor to the federal government’s sugar development effort.
In the same vein, the Dangote Refinery and Petrochemicals is expected to create some 250,000 job opportunities when completed in 2023.