The Federal Government has commended the Dangote Group for its proposed plan to expand its domestic revenue generation drive from four-billion dollars to thirty-billion dollars annually from 2021, to boost the nation’s economy.
The Minister of Finance, Budget and National Planning, Zainab Ahmed gave the commendation during an inspection of the Dangote Refinery, Petro-chemicals, Fertilizer Projects and the Deep-water Jetty at the Lekki Free Trade Zone in Lagos.
She commended the foresight and tenacity of, the President of the Dangote Group, Aliko Dangote, for pursuing the huge projects despite various challenges, pledging the Federal Government’s continued support for local businesses to thrive and attract investors.
The Minister noted that the savings from such an investment would strengthen Nigeria’s macro economy to attract more investors.
On his part, Aliko Dangote, in his address said that the firm had adopted measures that would help it to expand its revenue base from four billion dollars to thirty billion dollars annually beginning from 2021.
