Zambian President, Osinbajo, laud Dangote on African expansion

Zambian President, Edgar Lungu has lauded the business ingenuity of the President of Dangote Group, Aliko Dangote saying his business expansion across Africa is worthy of emulation by African businessmen in the task of continental development.
He said he was particularly delighted for Dangote’s choice of Zambia for his new $400 million cement plant investment saying it was in tandem with his administration’s economic plan for the country.
Lungu speaking at the commissioning of Dangote Cement Plant, Zambia said that the new cement plant will create more than 7,000 employment opportunities for Zambians.
He said, “This investment is expected to create at least 1,000 direct and 6,000 indirect jobs for Zambians when fully operational. Besides employment creation, the project is already greatly benefiting the local people of Masaiti and the surrounding districts through the transfer of skills, technology and business linkages.”
“I am very confident that Dangote Cement Plant management will flow with the intention of my Government to ensure our people feel part and parcel of this momentous development on the Copperbelt. As government, we are aware that for years now our people have been subjected to high monopolistic pricing structure for cement. Today, I am the happiest person   to note that ever since Dangote Cement Plant came into the Zambian market, the price of cement has been gravitating towards normal,” he added.
The Nigerian  Vice President, Professor Yemi Osinbajo speaking at the commissioning lauded Aliko Dangote on his investment in in several African countries saying  the Federal Government is proud of Dangote.
Osinbajo said, “The spotlight today falls very deservedly on an exceptional African entrepreneur, Alhaji Aliko Dangote, Grand Commander of the Order of the Niger.’’
“It is to his phenomenal vision, entrepreneurship and commitment to the development of Africa and Africans that we are here today to inaugurate this cement plant.
“Dangote is a Nigerian from Kano State and he is a pan-Nigerian and pan-African who has done us all proud and his companies spread over 16 African countries, are a signal of an African multinational enterprise.
He identified human capital development, political stability and economic integration as central to the rapid development of Africa and the emancipation of its people from poverty.


For the full story, check the full story in the Vanguard newspaper.

















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