Chairman of Dangote Group of Companies, Alhaji Aliko Dangote, on Tuesday said that his organisation would create 210,000 jobs for unemployed Nigerians between now and 2018. He said that 80 percent of the jobs would be in the agricultural sector.
Alhaji Dangote said this in Katsina in a goodwill message at the opening of Katsina Economic and Investment Summit themed “Unlocking Investment Potentials for Sustainable Development.”
The billionaire businessman said the group will create 210,000 jobs between now and 2018 with 80 percent coming from the agricultural sector. He therefore enjoined all to pay attention to the agricultural sector for investment opportunities, particularly now that the crude oil is becoming unreliable.
For him, agriculture is a lifetime opportunity for Nigeria, as Brazil, which had same peculiarities with Nigeria, had $350 billion in its foreign reserves, with 80 percent of the fund attributed to agriculture. He encouraged Nigeria to copy Brazil which has the same quality of land as we do, but who today are number one in sugar, soybean, poultry among other products.
He explained that despite the downturn of various economic activities in the whole world, the only things that have actually not gone down are agricultural products. Rice, wheat, sugar have not gone down in price, so Dangote urged Nigeria to use arable land as an opportunity which God has given her.
Dangote also said that he would establish the largest single refinery in the country with the capacity to produce 650,000 barrels per day and two sub-sea pipelines of 550 kilometers in Delta, Ogun and Lagos.
He said that he would assist government to reduce pipeline vandalism as well as provide 12,000MW of power. He also called on the government to create an enabling environment for investors by identifying areas with comparative advantages.