Chairman of the Dangote Group, Aliko Dangote, has expressed optimism that Nigeria’s economy can be swiftly revitalized, emphasizing collaboration between the public and private sectors.
Dangote made these remarks after the inauguration of the Presidential Economic Coordination Council (PECC) by President Bola Tinubu, where he pledged the private sector’s support in advising on necessary policies for economic recovery.
“Our economy can turn around in a few months with concerted efforts. We will work closely with the government to ensure positive change,” Dangote affirmed.
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Earlier, at a summit organized by the Manufacturers Association of Nigeria (MAN), Dangote criticized high interest rates and called for policies to safeguard local industries, stressing that industrialization is crucial for sustainable economic growth and job creation.
He underscored the importance of protecting domestic industries to enhance competitiveness and foster economic prosperity, urging policymakers to prioritize supportive measures for manufacturers.
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Dangote concluded by advocating for a robust industrialization strategy tailored to Nigeria’s unique economic landscape, echoing the success stories of leading global economies that have prioritized industry protection to drive development and self-sufficiency.