Africa’s richest industrialist, Aliko Dangote, is optimistic that the new multi-billion Naira investment in the sugar sub-sector would help create 300,000 jobs in Nigeria.
A statement from the corporate communication department of the company quoted the Group’s President, Aliko Dangote, as saying that the company was providing fresh funds and expanding its operations in the sugar sub-sector.
The Business mogul who spoke at the flag-off ceremony of the 2022/2023 Crushing Season and Outgrower Scheme Awards in Numan, Adamawa State, said the opportunities would include both direct and indirect jobs.
“We are making a massive investment in Adamawa State through the expansion of DSR Numan’s sugar refining capacity from 3000tcd to 6000tcd, 9800tcd, and to 15,000tcd. DSR will be able to create about three hundred thousand jobs, direct and indirect, with positive multiplier effects on the economy nationwide,” he said.
Dangote was appointed Chairman, National Job Creation Committee in 2010 to assist the Federal Government in providing more employment opportunities for Nigerians.
The Dangote President had also announced that his company was doubling its spending on CSR schemes in host communities in Adamawa State, the location of its 32,000 hectares integrated sugar complex.
Speaking in Numan, Minister of Industry, Trade, and Investment, Otunba Adeniyi Adebayo, described the Dangote Sugar Refinery as the biggest contributor to the development of the sugar development effort of the Federal Government.
The minister also commended Dangote for the massive support through his CSR scheme. Dangote Refinery and Petrochemicals is expected to create some 250,000 job opportunities when completed next year, the statement said.