The Dangote Group has reaffirmed the critical role of domestic production in strengthening Nigeria\u2019s economic resilience.<\/p>\n
The Group stated through its Group General Manager, Mr Abdullahi Danmusa, at the Dangote Special Day at the ongoing Abuja International Trade Fair on Saturday.<\/p>\n
Danmusa represented the Regional Director\/Senior Adviser to the Dangote Group President\/CE, Fatima Wali-Abdurrahman,<\/p>\n
Speaking on the theme of this year\u2019s Trade Fair, \u201cResilience: Trade, Taxation and the Economy,\u201d Danmusa said taxation remains a fundamental component of national development.<\/p>\n
He stressed that Dangote Group takes its tax obligations seriously and contributes substantial revenues to government annually, while also supporting employment, enterprise and value creation across its operations.<\/p>\n
He said trade could achieve greater economic impact when it is supported by strong domestic productive capacity.<\/p>\n
\u201cTrade becomes more meaningful when it is supported by production. No country can build lasting resilience by depending excessively on imports that it has the capacity to produce competitively at home.<\/p>\n
\u201cThis is why Dangote Group continues to invest in manufacturing and industrial capacity across cement, sugar, salt and seasoning, packaging, fertiliser, petrochemicals and petroleum refining.<\/p>\n
\u201cThe theme of this year\u2019s Trade Fair, \u2018Resilience: Trade, Taxation and the Economy,\u2019 speaks directly to the realities of our time.<\/p>\n
\u201cNigeria\u2019s economic resilience will ultimately depend on a fundamental choice: to continue to import what we can produce, or build the capacity to produce, compete and export.\u201d<\/p>\n
Danmusa noted that strengthening domestic manufacturing capacity would help deepen economic activity, create jobs, support local enterprises and reduce dependence on imported products.<\/p>\n
He added that the Group\u2019s investments across various sectors reflect its commitment to supporting Nigeria\u2019s industrialisation and contributing to the development of a more productive and resilient economy.<\/p>\n
Also speaking at the Dangote Special Day, the First Deputy President of the Abuja Chamber of Commerce and Industry (ACCI), Prof. Adebisi Adesugba, commended Dangote Industries for its contribution to Nigeria\u2019s economic development.<\/p>\n
Adesugba, who represented the President of ACCI, Emeka Obegolu, SAN, said the longstanding partnership between Dangote and the Chamber demonstrates\u00a0the important role of responsible corporate participation in promoting commerce, investment and entrepreneurship in Nigeria and across the African sub-region.<\/p>\n
He noted that Dangote\u2019s strategic investments in sectors including cement, fertiliser, agriculture, refining and petrochemicals have contributed to strengthening domestic productive capacity, creating employment opportunities, reducing dependence on imports and supporting foreign exchange generation.<\/p>\n
\u201cACCI recognises Dangote not only as an exhibitor and sponsor, but also as a strategic partner.\u201d<\/p>\n
He said the partnership between ACCI and Dangote has contributed to creating opportunities for businesses and entrepreneurs while supporting trade, investment and sustainable economic development.<\/p>\n
Adesugba further expressed the Chamber\u2019s appreciation for Dangote\u2019s longstanding relationship and partnership with ACCI, describing the collaboration as an important platform for strengthening the business community and advancing economic opportunities.<\/p>\n
The Dangote Special Day brought together business leaders, government representatives, investors, exhibitors, entrepreneurs and other stakeholders as part of activities at the ongoing Abuja International Trade Fair.<\/p>\n
The Dangote Special Day brought together business leaders, government representatives, investors, exhibitors, entrepreneurs and other stakeholders as part of activities at the ongoing Abuja International Trade Fair.<\/p>\n
The event provided an opportunity for stakeholders to engage on issues around taxation, trade, industrialisation, investment, domestic production and the broader prospects for Nigeria\u2019s economic development.(NAN)<\/p>\n
Edited by Ismail Abdulaziz<\/p>\n","protected":false},"excerpt":{"rendered":"The Dangote Group has reaffirmed the critical role of domestic production in strengthening Nigeria\u2019s economic resilience. The Group…\n","protected":false},"author":2,"featured_media":620761,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-620760","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/620760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=620760"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/620760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/620761"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=620760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=620760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=620760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}