Buhari Commissions Dangote’s $2.5bn Fertilizer Plant
President Muhammadu Buhari says the 2.5 billion dollar Dangote Fertiliser Plant in Ibeju Lekki, Lagos, will boost Nigeria’s foreign exchange earnings and accelerate economic growth. DAILY NIGERIAN reports.
Mr Buhari said this on Tuesday while commissioning the three million metric tonnes per annum urea production plant. Information Guide Nigeria
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In his words: “This fertiliser plant is further expected to enhance our administration’s drive towards achieving self-sufficiency in food production in the country.
“I commend the Chairman, Board and Management of Dangote Industries Ltd., for their business initiative in establishing this plant”. jamb results
“It will reduce our dependence on importation of fertiliser, create jobs, increase the inflow of foreign exchange and accelerate economic growth.”
According to him, the establishment of the plant demonstrates the commitment of Dangote Industries Ltd. to the socio-economic development of the country and the well-being of Nigerians.
The president expressed optimism that the investment in the plant would replicate the group’s earlier experience in the cement sector where it had become a leading name in Nigeria and across the African continent.
