Dangote to invest $16b, create 180,000 jobs in 4 years


President of Dangote Group, Alhaji Aliko Dangote, on Thursday said his company would be investing over $16 billion in Nigerian and other African countries in the next four years.

Dangote said that the investment would create 180,000 jobs.

Dangote disclosed this plan while tracing the pathway to redressing wide inequality in Nigeria and other African countries at the plenary of the ongoing World Economic Forum on Africa, in Abuja.

The theme of the forum is: ‘Forging Inclusive Growth, Creating Jobs.’

Dangote said that the investment programme would translate into creation of no fewer than 180,000 jobs in Nigeria and the continent.

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