Sunday, August 3, 2025

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Dangote, Badaru: How Non-oil Exports Can Boost Nigeria’s Economy

The New Diplomat
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By Kolawole Ojebisi

The Dangote Group has explained how Nigeria can leverage its non-oil exports to boost economic prosperity.

It noted that Nigeria is a powerhouse for non-oil exports adding that the enormous potential in the sector, however, can be tapped through huge investments and exploitation of the resources embedded in the country

Dangote highlighted the role of non-oil sectors at the ongoing 2024 Kano International Trade Fair, organised by the Kano Chamber of Commerce, Industry, Mines, and Agriculture.

The company noted the fair, themed “Non-Oil Export for Economic Prosperity,” resonates with its commitment to economic diversification.

The statement read amongst other things: “Nigeria is a powerhouse for non-oil export, but only if it taps into its numerous resources and potentials. At Dangote, we have demonstrated this with our huge investments in fertiliser, sugar, salt, and cement products spread across several African countries.”

Minister of Defence Badaru Abubakar lauded Dangote Group’s contributions to national economic development during his visit to the pavilion.

Abubakar emphasised the importance of public-private partnerships, stating that President Bola Ahmed Tinubu’s administration views the private sector as pivotal to Nigeria’s economic revival.

“The Federal Government remains committed to restoring peace and stability to enhance business activities nationwide,” said the minister, urging Nigerians to continue supporting the government with prayers and confidence in the nation’s security forces.

KACCIMA President, Garba Imam, praised Dangote Group’s consistent sponsorship of the trade fair.

Similarly, the chamber’s Director General, Sabiu Yola, explained the significance of this year’s theme urging Nigerians to explore non-oil commodities for export.

The trade fair, which began on November 23 runs until December 7, 2024, providing a platform for businesses to showcase innovations and promote economic diversification.

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