Africa’s richest man, Alhaji Aliko Dangote has expressed optimism that the new multibillion naira investment in the sugar sub-sector would help provide no fewer than 300,000 jobs in Nigeria.
The President of Dangote Group spoke at the flag-off ceremony of the 2022/2023 Crushing Season and Outgrower Scheme Awards in Numan, Adamawa State, according to a statement from the Corporate Communication Department of Dangote Sugar Refinery (DSR) Ltd.
He said that the company was injecting fresh funds and thus expanding its operations in the sugar sub-sector.
The investments, he said, would generate no fewer than 300,000 direct and indirect jobs.
“We are making a massive investment in Adamawa State through 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.”
The Dangote Group is the largest private employer of labour in Nigeria.
Recall that the Federal Government appointed Dangote to chair the National Job Creation Committee in 2010 to assist the government in providing more employment opportunities for Nigerians.