Revenue Generation: FG Commends Dangote’s $30bn Domestic Drive, Road Constructions - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
December 16, 2019
TheFederal Government has commended the Dangote Group for itsproposed plan to expand its domestic revenue generation drive fromfour-billion dollars to thirty-billion dollars annually from 2021, to boost thenation’s economy.
TheMinister of Finance, Budget and National Planning, Zainab Ahmed gave thecommendation during an inspection of the Dangote Refinery,Petro-chemicals, Fertilizer Projects and the Deep-water Jetty at the LekkiFree Trade Zone in Lagos.
Shecommended the foresight and tenacity of, the President of the DangoteGroup, Aliko Dangote, for pursuing the huge projects despite variouschallenges, pledging the Federal Government’s continued support for localbusinesses to thrive and attract investors.
TheMinister noted that the savings from such an investmentwould strengthen Nigeria’s macro economy to attract more investors.
Onhis part, Aliko Dangote, in his address said that the firm had adoptedmeasures that would help it to expand its revenue base from four billiondollars to thirty billion dollars annually beginning from 2021.