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Issues In The News

Nigeria still investment destination, despite challenges — Dangote

Lagos—President of Dangote Group and Chairman of Dangote Cement Plc, Aliko Dangote, has advised Nigerians to see the current economic challenges being faced by the country as a wake up call for all to re dedicate themselves to the task of building the nation through production activities. Dangote, who has always expressed his faith in Nigeria as an economically viable nation, told a delegation of cement distributors from across the country who paid him a visit in his office in Lagos that Nigeria still remained the destination of choice for investments despite the economic and security challenges.

The business mogul said though the economic downturn was ravaging most countries of the world, including Nigeria but that the situation was sumountable if properly addressed. He noted that it could also served as stepping stone that will make the country economically stronger in the future. Dangote explained that with support for the government of the day in the task of tackling the challenges and the transformation agenda of the Federal Government, the current challenges would soon be a thing of the past and Nigeria would come out stronger from it.

According to him “I have always said Nigeria is a good place to invest. God has given us in Nigeria what many other countries don’t have and keep searching for. We have got fertile land for agriculture, we have the minerals resources and we have oil. All we need to do is to harness them for our good.“The present challenges we are facing should not deter us from growing our economy. It shouldn’t stop us from investing.

It is just a passing phase. Other countries referred to as developed started from somewhere and all experienced some of these challenges in the past. So, I want us to see these challenges as obstacles towards attaining greatness.” Dangote told the distributors that it was for this reasons that he had continued investing in Nigeria’s economy because “If Nigerians do not investing their country, other people would not come. They will want to see our success story before they can come.”He promised the distributors that his companies would continue to live up to expectation to ensure that there interests are protected at all times.

– See more at: http://www.vanguardngr.com/2015/02/nigeria-still-investment-destination-despite-challenges-dangote/#sthash.R6FCDwqZ.s7JdGxRr.dpuf

About TransformationWatch

TransformationWatch is an online news site founded by Henry Omoregie It is focused on keeping tabs on the Transformation Agenda set out by the Nigerian leadership in the Local, State and Federal Governments. My mission is to observe, analyze and report milestones or slowdowns in promised service delivery in all the facets of governance in Nigeria (2011 and beyond). Readership is open to all Nigerians and friends of Nigeria alike, regardless of Tribe, Religion or Political divide. We are all in this together


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