President and Chief Executive of Dangote Group, Aliko Dangote said President Goodluck Jonathan’s administration has helped the company greatly, Post Nigeria reports.
According to him, the group will not be where it is without help from the President.
He made this known after the successful signing of the $3.30 billion loan agreement to finance Dangote Group’s petroleum refinery. He maintained that the group will “replicate the successes recorded in the cement industry through backward integration in petroleum refining”
“Your policies have helped us greatly. Without them, we will not be where we are today. We have taken the challenge and we will replicate the successes recorded in the cement industry through backward integration in petroleum refining,”
Meanwhile, President Jonathan praised the patriotism of the President and Chief Executive of the company, to the economic transformation of Nigeria, commending that the business mogul has faith in the Nigeria’s economy and that his administration has found a good ally in Dangote.
The President pledged that his administration will keep on implementing policies and measures that will continuously improve the operating environment for entrepreneurs and investors in the Nigerian economy.
The president commended plans by the Dangote Group to build Africa’s largest refinery, petro-chemical and fertilizer manufacturing complex in Nigeria and thanked the consortium of banks providing a $3.3 billion credit facility for the project.
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