President Muhammadu Buhari on Tuesday, hailed leading industrialist and Africa’s richest man, Alhaji Aliko Dangote, describing him as the biggest employer of labour after the Federal Government.
Buhari stated this during his speech when he inaugurated the multi-billion dollar Dangote Fertiliser Plant, located at the Ibeju-Lekki area of Lagos State.
He also said the government would gain excessively in foreign earnings from the new plant.
The fertilizer plant was built at a cost of $2.5 billion, with the capacity to produce three million metric tonnes of urea per annum.
Buhari said the new fertiliser plant would reduce Nigeria’s importation of urea, adding that he hopes to inaugurate the Dangote Refinery later this year.
“Along with the several other subsidiaries, Dangote Industries Limited has created millions of jobs across Nigeria. It is the second biggest employer of labour in this country after the Federal Government,” he said. “I look forward to inaugurating the refinery and petrochemical plant later in the year.”
Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.
