Dangote Invests $600 Million Into Creating 1 Million Jobs

The President, Dangote Group of Company, Aliko Dangote, has stated that the sugar arm of his company will invest over $600million in the production of sugar in Kebbi, Kwara and Sokoto states.

Dangote made this known during a visit to the Governor of Kwara state, Dr Abdulfatah Ahmed, where he expressed satisfaction with the government’s effort at revolutionising agricultural in the state.

According to him, his company intends to replicate what it did in the cement industry by targeting about 65million tonnes of sugar which he said could produce about one million jobs for the people.

He also pointed to the fact that the country was wasting lots of money on the importation of sugar, stating that in the next five years, the company would produce and grow two million tonnes of sugar as part of efforts to ensure that Nigeria is self-sufficient in consumables instead of depending on importation.

He however, stated that the project should take off before the end of the year.