Domestic Production Critical To Economic Resilience - Dangote
The Dangote Group emphasized the importance of domestic production for Nigeria's economic resilience during the Abuja International Trade Fair. The company argued that reducing import dependence through local manufacturing is essential for job creation and industrial growth.
Why it matters
It reflects a major corporate push for import substitution and industrialization as a strategy for national economic stability.
The Dangote Group has reaffirmed the critical role of domestic production in strengthening Nigeria’s economic resilience.
The Group stated this weekend through its group general manager, Abdullahi Bello Danmusa, who represented the regional director/senior adviser to the Dangote Group president/CE, Fatima Wali-Abdurrahman, at the Dangote Special Day at the ongoing Abuja International Trade Fair.
Speaking on the theme of this year’s Trade Fair, “Resilience: Trade, Taxation and the Economy,” Danmusa said taxation remains a fundamental component of national development, stressing that Dangote Group takes its tax obligations seriously and contributes substantial revenues to government annually, while also supporting employment, enterprise and value creation across its operations.
He said trade could achieve a greater economic impact when it is supported by a strong domestic productive capacity.
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