• Friday, April 26, 2024
businessday logo

BusinessDay

Dangote plans 300,000 new jobs in sugar sub-sector

Dangote plans 300,000 new jobs in sugar sub-sector

Africa’s richest industrialist, Aliko Dangote, has expressed optimism that his new multi-billion naira investment in the sugar sub-sector would help provide about 300,000 jobs in Nigeria.

A statement from the corporate communication department of the company quoted Dangote as saying that the company was providing fresh funds and thus expanding its operations in the sugar sub-sector.

Dangote, who was speaking 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.

The Dangote Group is the biggest employer of labour in Nigeria outside the government. Dangote was appointed chairman, National Job Creation Committee in 2010 to assist the Federal Government in providing more employment opportunities for Nigerians.

Read also: 50 jobs expected as ASSBIFI opens suites in Lagos

Speaking in Numan, minister of industry, trade, and investment, 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 corporate social responsibility scheme.

In the same vein, the Dangote Refinery and Petrochemicals is expected to create some 250,000 job opportunities when completed next year.