ABUJA (Sundiata Post) – The Dangote conglomerate has given a hint on how a businesses and the economy can thrive, revealing that diversification was central to its success story.
The President of the Dangote Group, Mr Aliko Dangote who is also Africa’s richest person is championing the growth of entrepreneurship among the youth on the continent.
Adviser to Mr Dangote, Engineer Joseph Makoju said at the just concluded conference of the Nigeria Institute of Management (NIM) in Abuja that diversification and the deployment of state-of-the-art facilities helped to grow the Group’s vision.
The conference tagged: “Building a New Nigeria: Strategic Options and Policy Imperatives” was majorly sponsored by the Dangote Group.
Chairman of the NIM’s Council, Professor Munzali Jibril commended Mr Dangote for his sponsorship and unalloyed commitment to the Nigerian economy.
He said the Group has moved Nigerian economy from cement importer to exporter, while earning a huge foreign exchange for the country.
He said when the Dangote Refinery comes on stream in 2019, it would permanently put an end to the petroleum crisis faced by the country.
Companies under the Dangote Group also controls a third of the Nigerian Stock Exchange(NSE).