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Dangote Hails FG Reforms, Says Nigeria’s Economy on Path to Global Industrial Power

Says policies are restoring investor confidence, boosting industrial growth and accelerating economic recovery

President and Chief Executive of Dangote Industries Limited, Alhaji Aliko Dangote, has commended the Federal Government for what he described as bold economic reforms that are strengthening investor confidence, improving macroeconomic stability and repositioning Nigeria for sustainable growth.

Dangote said the government’s fiscal, monetary and regulatory reforms were beginning to produce tangible results, including improved economic activity, stronger business confidence, increased industrial productivity and a more resilient operating environment.

According to a statement by Dangote Group, he said consistent and market-driven policies were critical to accelerating Nigeria’s economic recovery and securing long-term prosperity.

“The economic reforms being implemented by the Federal Government are beginning to yield tangible results,” Dangote said. “We are witnessing improved economic activity, stronger investor confidence, increased industrial productivity and a more resilient business environment.”

He said the reforms had created a more enabling environment for large-scale manufacturing and industrial enterprises, which remain critical to economic diversification, job creation, foreign exchange generation and national competitiveness.

Dangote also credited the government’s favourable policy environment with supporting the continued growth of the Dangote Petroleum Refinery and Petrochemicals complex, describing policies aimed at strengthening local refining, reducing import dependence and improving energy security as important to the facility’s success.

He said the refinery’s expanding production capacity and export footprint were contributing to Nigeria’s economic recovery through foreign exchange earnings, employment generation and stronger local supply chains.

Reaffirming Dangote Industries Limited’s support for the Federal Government’s economic agenda, he said the group would continue to invest in strategic sectors, promote industrial development, drive innovation and create sustainable jobs.

“Our vision has always been to support Nigeria’s economic development through transformative investments,” Dangote said. “The combination of private-sector commitment and decisive government policies can unlock unprecedented opportunities for national growth.”

He added that sustained reforms, policy consistency and stronger collaboration between the public and private sectors would further attract investment and strengthen Nigeria’s position as one of Africa’s leading investment destinations.

Dangote expressed confidence that Nigeria was on course to emerge as one of the world’s leading industrial and economic powers.

“With continued policy consistency, robust private-sector participation and investment-led growth, the future of our economy is exceptionally bright,” he said.

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